Below is an excerpt from my latest Bitcoin & Altcoins Market Update...
Thanks a lot for the support!
Altcoins Market Update
Yikes! The altcoins are already paying and paying big... The reason we go for altcoins vs Bitcoin is because of their size...
Bitcoin is small compared to conventional assets, but if you compare Bitcoin to the cryptocurrency market altcoins, Bitcoin is BIG while the altcoins are SMALL.
If you have a good eye, confidence, and trust, you can find many opportunities looking at the smaller projects that are coming up.
So we focus on the altcoins because they offer higher profits potential and endless opportunities for all of us.
The altcoins market is already producing great results... But we are only getting started... We are still trading near the bottom, for most pairs... We will be enjoying growth/profits for years to come.
Feel free to leave a comment and share your thoughts about Bitcoin, Altcoins and the Next Cryptocurrency Bull Market Run!
Namaste.
Kommentera
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Altcoins Market Update | Bitcoin Is Solid & Strong
possible. but if btc starts moving in any direction, better have your stops in place!
Confucius_The_Great
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Trying to buy the absolute bottom will fail 95% of the time. And it also does not matter if you got in on the perfect price, or just really good...when the next full crypto market bear run hits and we see new all time highs...then it only matters if you bought in close to the bottom, mid way up, or too late too close to the top. Greed and ego will kill any investor ultimately.
Confucius_The_Great
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@Kiwii1234, Trader.
Confucius_The_Great
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@Kiwii1234, Bull run *
And why cant I still not edit my comments in 2019 Tradingview? Wtf...
StefanCaspari1
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@Kiwii1234, LOL
otternose
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@Kiwii1234, yes that is true if you trade with a longterm view. But if you trade with let's say a daily or a weekly view, then some numbers behind the comma can count a lot ;-)
Btw. I like this time a lot. Great opportunities for day trading and also for long strategy. Greetz
AlanSantana
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@otternose, Those that are active now have GREAT timing, to say the least... Great opportunities as you mention, for long, short and mid-term.
AlanSantana
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@Kiwii1234, Thanks a lot for sharing... I agree, later down the road it won't matter if it was the bottom or not... But since we are keeping a close eye, we like to get the best prices possible.
Namaste.
Harry_Seldon
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Doesn't it feel like alts are ready to crumble at the smallest move of bitcoin, though ?
Like what just happened in the last hours.
Confucius_The_Great
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@Harry_Seldon, hours? Who are judging anything based on hours? Crumble? Bad projects Will die yes, but not the great...my favorite alt coin did a 5x over the last 3 months...against all odds...because it is a World class coin...alt coin In general are licking the bottom as Allan said. When the alt coins more...they move fast! 2x 3x 4x 5x...The timing is right as Allan says. You see it on many charts like xrp ltc eth.