Are Altcoins about to explode?
Hereās everything you need to know and why.
BITCOIN has reached NEW Highs this year, smashing through resistance at $25,000 and right now, itās rapidly approaching $30,000 and beyond.
But many Altcoins are still lagging behind and in fact are losing strength to Bitcoin.
But here is where things get interestingā¦
What typically happens after Bitcoin has a bull rally is that investors begin taking profits from Bitcoin and rotating those profits into ALTCOINS.
Here is a typical path of an Altcoin season.
First, the flow of money goes into Bitcoin.
Second, Ethereum starts to outperform Bitcoin.
Then money moves from Ethereum to large cap crypto.
And then we have a full blown Altcoin season with many of the mid to micro-cap coins.
During this time, some of these coins go up 10%, 20%, 50%, or even 100$ or 200%, or even more.
If you want to know which crypto coins Iām personally investing in, then make sure to smash up that Like button and click the follow and subscribe button.
Because in future videos, Iām going to share with you my 5 favorite Altcoins.
Do you think Altcoins are about to explode?
Let me know in the comments! š¤
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DISCLAIMERS:
Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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