It is hard to say when altcoin season will do start. Previously, altcoins were growing during Bitcoin correction, today altcoins are not growing as much as BTC, but they are still falling with it.
|
|
|
I agree with your opinion, it is quite risky to hold altcoins for a long term, expecially if it is not an altcoin from top 20 CoinMarketCap. The main risk in my opinion is the stopping of the development of the project.
|
|
|
That's a sad story. If you invest such an amount in a single project, you should follow it in Social Medias like Twitter or Telegram to keep abreast the possible swaps. Anyway, it is better to split your funds between many project.
|
|
|
I do not think transactions speed and costs the most important things in a crypto project. Implementation in everyday life is more important, and Binance is working hard in this direction.
|
|
|
Bullrun on the cryptocurrency market will definitely happen, sooner or later. It is very likely that already this year Bitcoin will hit its ATH and the whole market will be growing as well.
|
|
|
I do not think it is a good idea to buy altcoins now. It is OK to have about 30-40% of different alcoins in your portfolio, but Bitcoin position should be dominating. It rather safe, but still profitable portfolio on the cryptocurrency market.
|
|
|
Binance Coin has reached the level of 39$ per coin and corrected to 32$ during the previous 2 weeks. There will be many cool events for BNB this month like the coin burn and margin trading launch, so I think the price will be growing.
|
|
|
For now, Bitcoin dominance is about 60%. Many crypto enthusiasts consider it too high and waiting for and "altcoin season", but I do not think it will happen in the nearest future.
|
|
|
It is hard to believe that Exchange with more than 1.5$ billion trading volume and listed on CoinMarketCap is a scam. I think we need to wait for the official comment about this occasion from IDAX.
|
|
|
|