After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.
Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.
Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.
People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.
I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
If you think the price can get as high as 2400 before going down then take the opportunity and buy now earn good money in just a few weeks or day and then sell and wait for the price reduction and make even more money.
Can make predictions, but there is no assurance of price increase. For this it's good to invest into few altcoins that has signs of pumping high. Right now the price is high, so buying at this price and profiting when price grows higher is more risky than just investing at low price and waiting long for price increase.