Is there still time to invest in crypto?
A few weeks ago, I discussed a theory regarding how the performance of Ethereum impacts other altcoins. If you've been tracking ETH's performance lately, you may have noticed that it hasn't performed badly, but it also hasn't experienced great success, it hasn't even reached its previous all-time high. This indicates that we haven't entered the altcoin season yet. My prediction remains valid, a significant movement in ETH is necessary for altcoins to start performing well. While some may disagree with this theory, the current reality is that most altcoins are still underperforming.
Another theory I’ve come across online suggests that for an altcoin season to begin, Bitcoin must surpass $100,000, which seems possible given the current market conditions. This scenario mirrors the previous bull run, when many expected BTC to reach at least $80,000, but that did not happen. The reality is that the market can be unpredictable, and most of these theories are based on our beliefs about what could trigger movement. However, actual market shifts are often driven by factors that nobody can fully anticipate. For instance, many people speculate that the market will improve for cryptocurrencies after the elections, and there is some evidence to support that idea. While I believe many predictions may not come to fruition, I still see opportunities in this market.
There is still opportunity in the market
Many of the theories people believe in may not come to fruition, as the crypto markets tend to behave unpredictably. However, there are still significant profit opportunities, even though many individuals overlook them. Some people who are vocal about their opinions on Twitter are not actively building their portfolios. It's safe to say that the next bullish market will be substantial. This crypto market may take longer to develop, but it also provides investors with the chance to invest in a variety of altcoins. Many altcoins remain affordable, despite Bitcoin reaching an all-time high, which means there are still good buying opportunities available.
Just because an altcoin is selling for a low price doesn’t mean you should buy it. However, some altcoins are good projects and still selling for cheap, presenting a perfect investment opportunity. If you understand cryptocurrency and didn’t make any money during the last bull run, it suggests a lack of commitment and an inability to seize the opportunities available to you. While we wait for the next crypto bull market and speculate on various theories, it's essential to maximize the opportunities in front of us.
Keep building
People are speculating about various theories, but we should focus on the opportunities in the market. Something will trigger a bull market, however, it may not happen this year it could be next year. In the meantime, it's important to keep maximizing opportunities so you can achieve the best results from the market.
thanks for your time.
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@tipu curate
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