How much higher can we go?
How much higher can we go?
Seriously question here , I am not new to this space but not super informed on stuff that determines maybe what I’m about ask…. With us so early in this bull run (are we really?) and seeing coins like XLM XRP, Hedera , CRO, and so many more alts already up 80-130% for this MONTH only . How can we still expect to see another 100% + increase from where we are Now ?
Maybe for a a few coins but is it really realistic to imagine so many more coins going up yet another 100+ % and on to even higher ATH’s within a month or three months
Basically how much of all of what people are saying is hopium and not much factual and then we wake up and see the markets down 30-60% on all coins . Of course I would say that’s a great time to get in if you haven’t already / buy more. Just curious everyone’s thoughts as I’m contemplating how much more to buy into certain coins at this moment in time
My best guess is it could still go a way yet dependant on upcoming macro economic events. Escalations between Russia and the west may scupper things, but there is so much other positive news about. If Institutional investment continues and we see several trillion dollars more entering the market there is scope for a lot more price movement into 2025. This is a volatile market though and it could as easily dump in the coming months. My plan is to hold into the new year, take out my initial investment + 25% profit and then let the rest ride into the 2nd quarter of 2025. Maybe we see 5-10x returns similar to last bull run, maybe we are nearing the peak now, who knows. Just make sure you only invest what you can afford to lose and don’t get too greedy.