The Bull Market is Approaching, What Altcoins Do you Plan To Hodl?
The idea that knowledge is the most crucial component of bitcoin trading success is no longer novel; traders who skirt the issue risk making rash judgements that might result in significant losses, discouraging other users.
Since Bitcoin is seen to be revitalising the cryptocurrency market, particularly for altcoins, astute traders have been seizing the chance of the altcoins' lower pricing to accumulate them until the bull market returns in full force, which will aid to print higher gains.
As a result, new cryptocurrencies are also starting to appear, therefore it would be wise for the community and us cryptocurrency aficionados to network and exchange useful ideas that will help us become more adept at seeing the undiscovered potential in this industry.
What chances exist to increase earnings in the cryptocurrency market and on exchanges? Do you have any indicators that you use to follow your alts? Has fundamental analysis proven to be useful in the past? Please share.
Backtracking to 2020, it could be noticed that ETH started the bullrun even before BTC took over and I think similar scenario is going to play out in the anticipated bullrun. Some tokens like BGB, TAO, TIA and KAS has witnessed different new ATH despite BTC trying to find a balance. I would suggest traders keep this token in check and possibly hodl them but of course this is no financial advise as cryptocurrency is very volatile and things can take new turn within the shortest possible time.
Well, mostly I practice 30% holding and 70% trading so I'm what you'd calla hybrid of TA and FA. My pf is always a diversity of DeFi and low mcap tokens including ETH, SOL and BGB
The widespread adoption and technological developments of the BGB token got me optimistic about its future I have included it in my long-term investment portfolio cos I believe it has the potential to provide significant returns.
BGB recently smashed its ATH and it is predicted to do more in the coming weeks. How must be bullish about its prospects
Already HODLing SOL, KAS & prolly will be looking into PYTH to add to my pf. On the path of the indicators which I adopt, is mostly TVL, revenue fee generated among others.