Quote from: hyudien on August 04, 2025, 03:01:38 PM

Quote from: Ota.collins on August 04, 2025, 12:58:06 PM

The market has been down after the recent altcoin rally. I am looking at some altcoins I think will do well, but I would love your opinion if there will be another rally before I jump into investing in these altcoins.

Wait, which altcoin rally are you referring to? Because if you mention altcoins, it means that this rally is generally felt by all coins or tokens in the market. However, the performance of altcoins is not very good; only Ethereum has experienced a significant increase so far, while the others are still below their initial offering prices. Perhaps we need to narrow the scope, for example, the top 10 on CMC so that we can see their performance clearly. There are many altcoins, and not all of them can recover as you claim.

Quote from: Ota.collins on August 04, 2025, 12:58:06 PM

Though I plan to risk something little, it would be great to have more opinions before I go about it. One of the altcoins I am big on is CYC. I came across CYC not long ago, and if there will be another rally, with its features and fundamentals, it would be a great addition to my portfolio.

With the token getting listed soon, I plan to wait for it to dip before getting in so I won't be the exist liquidity of big players. What do you guys think?

https://www.talkimg.com/images/2025/08/04/UH9yNb.png
CYC is a newcomer to the market, less than 48 hours old, and currently trading at around $0.06, not far from its initial launch price. However newcomers must first go through a dumping period, and some coins from the airdrop have not yet been fully sold. It may be better to wait for the ideal price to enter, at least until it stabilizes.

Aside from ETH, BNB, SOL, XRP, LTC, and others have experienced an amazing run. Yeah, I know CYC is still early, but I love to get in after they have dipped from airdrop sales. I sometimes mark from the highest price to the listing price and wait for the price to reach or trade below 50% of the Fibonacci ratio. I have done this for CYC on Bitget, and I am just waiting patiently, though sometimes some tokens just explode before reaching, but let's see how this goes.