Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
The question you ask no one can say how high will be altcoin. Investing or trading contained high risk and when it is comes to altcoin investment then it goes to double. And the most important is not all coin will be go for high some of them will come into this time for scamming peoples . But authentic altcoin like etherium, solana , lite coin , bnb can be trusted for take chances don't know about how they will high but these will be also go high with bitcoin.
Investing in altcoins carries higher risks compared to more established assets like Bitcoin. Altcoins, by their nature, often exhibit greater volatility and can experience significant price fluctuations in relatively short periods. This volatility can present lucrative opportunities for investors seeking higher returns, but it also increases the likelihood of losses. The proliferation of cryptocurrencies and the relative ease of launching new projects make altcoins have instances of fraudulent or illegitimate coins attempting to deceive investors.
Certain altcoins with established track records and strong fundamentals have garnered trust and credibility within the cryptocurrency community. Altcoins like Litecoin and Binance Coin have demonstrated resilience and longevity in the market. That is what positions them as potentially worthwhile investment opportunities alongside Bitcoin. The future trajectory of altcoins cannot be predicted with certainty.
