would you buy altcoins now?
- Thread starter The whale
- Start date
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The whale
Active member
you comment is reported. if you wanna advertise something pay for the ad instead of poisonings a forum. i hate selfish useless users like u, get a job
Polakandil
Well-known member
BTCUSD now dropped again to 29k level prices after reaching 31k in mid of the month, eventually, the Fed raises their interest rate and many other assets get pressure from the strength of USD, including BTCUSD dropped to 29901
The whale
Active member
For a short period of time, you could be right, but never forget, the future of finance is only in the hand of Crypto.
ArnavDeshmukh
Well-known member
Crypto market is highly volatile and various factors affect it determine the exact time of alt season is challenging.
Retail hype is over, people returned to work. Algo will also gradually quit illiquid and low vol coins and this self-reinforcing loop would likely fuel divergence in price trends between major coins like BTC and ETH and other altcoins.
I'd say it's crucial to research and understand market trends with Priceva before buying altcoins. Their value can be highly volatile and influenced by various factors. If you're comfortable with the risk and have done your homework, it could be a strategic investment, but proceed with caution. As an example, I recently experimented by purchasing 5 new coins. After a week, 4 out of 5 began to cost about 0 and only 1 increased slightly.
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