Should I buy ALTs now or no?
Should I buy ALTs now or no?
I am a researcher at a popular broking company, I will try to provide some good information with you regarding the current market situation in our discord server.
In short :
By buying now you will have very good profit in the coming months but you should have the cashflow and emotional strength to go through dips.
If you want to buy alts now, the best strategy is to begin a DCA until Mid-end of June.
Quick Note to be more precise : from my Point Of View, we have a little bounce to fill BPR and breaker and then we might have another leg down.
If you are planning to get profits that are stable but not high, then go for alts with high marketcap or popularity. The risk involved here will be less and there will be more chances that you will make good profits for them. If you ask me personally then I would prefer Bitcoins over the alts. Right now also Bitcoins are available under 60k USD. Hence it’s the perfect time to buy some Bitcoins, hold it for good amount of time and make huge profits from them.