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RE: Alt Coin Season?

in #steemsilvergold5 years ago

I wish I knew what to expect! Haha! To be perfectly honest, I was not expecting the recent BTC parabolic move to happen. I do see BTC moving up steadily as we get nearer to the halving though. I think we should see steady sideways moves inching up and up as we move into the fall and winter of this year... sort of prep for the larger move as we reach the spring of 2020. At the moment the next BTC halving is supposed to happen around May 2020. So, I expect slow moves up as we approach this next milestone.

As for alts, I think money will still flow into them here and there but this time it will be more selective. I think money will be going into more trustworthy alts and projects. For this reason I think STEEM needs to do everything it can to present itself as a more legitimate option for development and investment. I think a lot of what has happened with STEEM over the last year or so has hurt it with regard to perception.

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Really appreciate your feedback here @plaid. The halving is what makes this very interesting. I did expect the run this early though. Which could be a good thing...

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