For an ICO to give you a positive ROI, history shows that an average time frame of 6-9 months is needed before the market starts to move into markup phase.
This time frame is shortened as the bull market gets closer to the end, as time frames compress, and price action accelerates. Furthermore, towards the end of the bull market, the returns in % become much lesser.
The best time to buy an ICO is when: 1) BTC price is cheap 2) We still have a foreseeable bull market ahead
However, as the bull market comes to an end, the risk of btc price decreasing, and having the altcoin be slow to market, multiplies the risk (of buying an ICO) exponentially.
With this potentially being the last leg up for BTC and consequently for alts, please thread with caution.
The best time to buy an ICO is when:
1) BTC price is cheap
2) We still have a foreseeable bull market ahead
When do you actually consider BTC being cheap? do you follow previous support lines ? on like 2 weeks most ? and the market got corrected a few days back and pushed up again maybe buyers ran out of steam and we are heading to a bear trend ? im still really new to this and would appreciate any type of respons aslong as it makes me understand this more. Thank you :)
Ariex
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with BTC's price keeps increasing do you think the Alts is just gonna worth lesser and lesser in terms of satoshis? Do you think big alts like the LTC ETH or those small alts QTUM can catch up BTC to proportionate themselves in satoshis?
1) BTC price is cheap
2) We still have a foreseeable bull market ahead
When do you actually consider BTC being cheap? do you follow previous support lines ? on like 2 weeks most ? and the market got corrected a few days back and pushed up again maybe buyers ran out of steam and we are heading to a bear trend ? im still really new to this and would appreciate any type of respons aslong as it makes me understand this more. Thank you :)