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Author Topic: Should I buy ALTs now or no?  (Read 407 times)
martinex
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May 31, 2024, 07:53:31 AM
 #61

Yes, it's a crazy time to invest. Bitcoin dominance is falling, and we might see some activity with altcoins soon. There are many altcoins with a perfect track record and reputation that are relatively cheap to grab. I'm not recommending you to buy, but those who take advantage early will ultimately be the winners. Experts already claim that alt markets will explode in the coming weeks or months.

Really... I think it's just a joke so that more people will buy Altcoins. I just think realistically about this market. Yes. The price triggers are all in BTC and if BTC is corrected it is not impossible that the price will not follow more or less.

If I wanted to suggest I would just suggest just one is BTC, and why bother buying something else when the most convenient and comfortable one is already visible. The most important level of comfort that we are looking for here is not sensation or speculation.

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lixer
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May 31, 2024, 06:46:44 PM
 #62

Yes, it's a crazy time to invest. Bitcoin dominance is falling, and we might see some activity with altcoins soon. There are many altcoins with a perfect track record and reputation that are relatively cheap to grab. I'm not recommending you to buy, but those who take advantage early will ultimately be the winners. Experts already claim that alt markets will explode in the coming weeks or months.
Really... I think it's just a joke so that more people will buy Altcoins. I just think realistically about this market. Yes. The price triggers are all in BTC and if BTC is corrected it is not impossible that the price will not follow more or less.

If I wanted to suggest I would just suggest just one is BTC, and why bother buying something else when the most convenient and comfortable one is already visible. The most important level of comfort that we are looking for here is not sensation or speculation.
There is no doubt that Bitcoin is the best among them, but that doesn't mean one should diversify their portfolio. If someone tells me that Bitcoin is the best and most trusted cryptocurrency, I would say yes, I agree with that, but if someone tells me that altcoins are completely useless and worthless, I wouldn't agree with that because there are a lot of altcoins in the market that are very good.

So when someone has a capital and is willing to start making investments in cryptocurrencies, they should allocate a larger percentage for Bitcoin, but have a dedicated portion of the capital for some altcoins that are also known to be good performers as they have been around for quite a long time such as ETH which is the oldest and the best altcoin out there.

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