Posts

Alt Coin Season: And Just Like That The Mood Changed

avatar of @whatageek
25
@whatageek
·
·
0 views
·
2 min read

Alright this is a bit of a bragging post as I want to point out that I have said in a couple of posts when alts move they move. I was just as worried as everyone else that alt coins might miss the party but it looks the world of crypto has not changed that much and we are seeing those 50-100% gains.

Is this the middle of the alt season (or end) or is it only the beginning?

I have no idea. I made one right call so I'm going to quit while I'm ahead :p. As exciting as this is I personally feel like we have a long way to go before we are even back to ATHs for a lot of coins. Even Ethereum, which is doing very well, is still only at the $600 mark which is half way to the high. But alt coins do move fast so that $1000 mark can be hit in no time.

Time will tell where the market is going and if we get a big correction or pull back but all I know is it is nice to see alt coins are starting to wake up.

There is also a small part of me that thinks this could be the run and if we run at out steam early then it could be another couple of years before we climb up again. Yeah it is not the most positive of thoughts but it's crypto so you have to be prepared. On the opposite end of the spectrum this could just be the priming to get alts back to ATHs before the real fun starts.

It really is a coin toss so please be careful with your money. Take out profits and only put in money knowing you might never take it out.

But either way you cannot deny the mood on socials is different towards alts than it was a week ago.

And while you wait the smartest thing you can do is post on Leo and earn your crypto as you don't need to risk your capital.

Now the next step is we need to see that money move to the next level which is small cap coins like Leo.

Posted Using LeoFinance Beta