The Market scenario give sign of Bear which is not good for Altcoin. Every month there is meeting to control inflation. For this purpose they decrease the number of notes which directly effect on Bitcoin price because low note mean low money will be enter into market. For 2022 I recommend stay safe and don't go for big trading or futures
The market hasn't turned bearish, but there is more expectancy for bearish move. Even if an altcoin boom happens, it won't be that big as the year 2017-2018. According to me the market won't turn bearish all of the sudden. It takes time, everything will happen in a gradual manner.
The previous massive crash happened when the invasion or Ukraine by Russia happened. Further the recovery happened with bitcoin, and the same is being followed by the altcoins. Potential altcoins in the top order along with fee meme coins will make good progress. Be careful while selecting altcoins for investment.
After such a tremendous increase in 2021, it seems very difficult to expect the same increase this year. So we can see the bearish trend has
started since the beginning of this year, and of course there is some bad news happening in the world affecting crypto prices. Like the war
between Russia and Ukraine, when the war started the crypto market experienced a decline and slowly the market began to recover again.
So indeed crypto prices will always be volatile, that's why investing in crypto has a very high risk.
Moreover, if we talk about new altcoins, it will be much more risky because it is difficult for us to predict the price movement. Especially
in the current bearish situation, I think it's better to avoid investing in new altcoins, I prefer to focus on investing in top altcoins. Which in
a bearish trend like now buying some top altcoins is a good move, because when the bullish trend comes we can make big profits. However
top altcoins are different from new altcoins, top altcoins when the price drops enough it is likely that the price will recover and can rise higher
than the previous price, this happens because top altcoins usually have a high demand. So we have to be careful choosing altcoins
for investment, because not all altcoins are worth buying, especially in a bearish situation like now.