Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Today i am going to discuss about current cryptocurrency market, especially altcoins. While Bitcoin’s bull market began in 2023, altcoins could see their final wave in 2025. Many investors who got caught in altcoins since 2021 might still be facing losses. This could be the last opportunity to recover those losses and capture profits, but there’s a risk of getting trapped if you don’t book profits at the right time. Over the past few years, altcoins have had short-term pumps followed by big drops. Many will face dilution, and token unlocks in the next few years could negatively affect their value, especially in a bear market. If you don’t have an exit plan, you risk getting stuck with your altcoins long-term. It’s important to adjust your profit targets if the market drops and avoid holding onto unrealistic expectations.
Looking ahead to 2025, we may see an altcoin season, but Bitcoin dominance could increase, especially with potential institutional interest. This means fresh money might flow into Bitcoin rather than altcoins. In conclusion, make sure you have clear profit targets and a solid exit plan. The market may offer one last chance for altcoin investors to recover losses and make profits, but timing is key. Stay informed, book profits at the right time, and avoid getting trapped in a volatile market. That's it for today. Thanks & have a good day!!
** Your post has been upvoted (2.54 %) **
Curation Trail is Open!
Join Trail Here
Delegate more BP for bigger Upvote + Daily BLURT 😉
Delegate BP Here
Upvote
https://blurtblock.herokuapp.com/blurt/upvote
Thank you 🙂 @tomoyan