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
Bitcoin got to $70,008 today, and it could possibly get to $71k this new week. Many altcoins are going to fly like you think, but the challenge is that you cannot know if most of the coins that you have invested in are going to experience a huge price pump or not. It could be that the coins you have invested in and expected to pump may not pump, but other coins that you never invested in may pump. Tm Someone said that we are not yet in the altcoin season, and I think that's true because not a lot of altcoins have already experienced a huge pump like what happened during the 2021 bull market.
If you are lucky enough to invest in the right alt coins, you will definitely make a huge profit during the bull market that will extend to 2025. It is not yet too late to invest in some alt coins; the problem is to know the right alt coin to invest in now. So, I would advise you to invest with caution and only the amount you can afford to lose. While investing in most of these new alt coins, you have to always stay updated for new changes and other important updates, set a target price to take profit, and know when to sell off.
