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.
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.
Nobody is sure of a rally coming up because the condition of the market makes it to remain in a speculative view of point and not on facts and certainty of what the market is actually moving on. You will only get personal opinions of users about it, but you just have to also follow your mind and what you feel about the market. Some still are optimistic of a rally coming up why a lot others are also of the opinion that even if it may happen, it won’t be felt that much in the market by most altcoins. So risking what you can afford to lose is the best in this scenario.
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?
It is good you know about exit liquidity, so you need to be very careful when banking on those altcoins for investment. Since this is a new token and you’re already foreseeing it being used for exit liquidity by big players, then you don’t need to wait for any rally upcoming in the crypto market. This is just a case of pump and dump token and you’ll likely benefit from it, or lose from it, nothing is certain about it just my own view from how you’re foreseeing the coin’s future.