I have been checking out a few altcoins for investment, like Spectrecoin and Shia coin (and a few others) and it seems they all have started to rise. I am waiting for my funds to arrive in Kraken and I am a bit worried that we will see a nice upwards movement of altcoins since the bitcoin price is not moving much right now.
Is this the start of the a bullish trend for altcoins many where hoping for, or is this just a temporary consolidation because of bitcoin not rising for the moment? Will the altcoin market gain momentum, what are your thoughts?
I will buy and hold coins that i like until the price rises high and i make it a long term-investment. The decline in crypto prices will not continue forever, crypto will continue to grow. Don't be pessimistic look at the market price because the value will always change.