Investment Strategies: Waiting for the Bitcoin Dip

Crypto Market nowadays is extremely bullish and we are seeing a huge uptrend in the market. The market looks bullish and everyone is trying to short from the position to book some profits.

But we are very close to the #Bitcoin halving and its only possible that market will see a little correction, but not a crash as expected by many investors.

Many investors are still confused whether they invest in the altcoins or not. As we all know that Bitcoin dominance is very high and all the Investments are right now in Bitcoin.

The only case is the Bitcoin dominance. It must have to go down. Near to 25 or 30 so that the #altcoins starts pumping.

I think we must wait for a good correction as so that the Bitcoin at least reach the price of 60,000 again. After that, the this will be a good time to invest in the coins and to that time Bitcoin dominance will also decrease. So I think we must wait for another week so that the Bitcoin takes a correction.

Also, when investing in altcoins, you have to keep in mind that you must invest in those coins, which are very undervalued. Never invest in those coins which are overvalue or whose price are already pumped.

What do you people think should we wait for a Bitcoin to take correction, or should we invest in altcoins? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM CANVA

Thank You!
Best Wishes.

Posted Using InLeo Alpha