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What new ATH means for Alts..

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Avatar for Don_Christov
Written by   35
2 months ago

If you haven't been caught up in the euphoria of Bitcoin meeting and smashing it's $20k All Time High, then you're definitely practising crypto wrong. From CT, to Telegram to Discord, it's been absolute bedlam. It almost felt like doomsday for me, as two of my most used apps Telegram and Binance crashed as Bitcoin surpassed 20k. It went on to hit $20,800 as I'm writing this and it has been a thing of beauty to watch. More than Bitcoin though, it begs the question what does this mean for altcoins?

With Bitcoin now looking to set newer and higher highs, we will invariably begin to see more and more interest in the space. It will almost be like watching 2017 replay itself all over again. Lots of noobs and normies will come in wanting to make easy and quick profit and feeling that they have missed out on the Bitcoin golden run, then they will invest in projects they feel is the next Bitcoin. We will see a lot of new money flowing in, a lot of fresh blood coming in, and eyes will turn to altcoins. Like everyone knows, altcoins is where the real gains are, BTC will give a 5% move a day, but alts will give 50, I've watched some do 100 or 200% in 24 hours. When alts boom and head to new highs like many have been prophesying, lots of people will make crazy ass life changing money. You would do yourself good to be holding a bag or bags of alt coins. But like most other things in life, there's a but my friends, you must be holding an alt that has strong Fundamental Analysis (FA).

As we head into a full blown out bull market, the scams will spring up faster than you can say scam, but your eyes should be on alts with strong FA, alts like Emanate. Alts that identify a problem and seek to solve it, not just alts that promise you rewards for degenning in and tell you they will make you rich overnight.

But Emanate is to be one of the few low cap gems I'm patiently waiting on to boom. We saw price boom pretty hard after their Partnership announcement with deadmau5 to launch his NFTs which went on sale today and sold as at last I checked for over 40 Eth. More big boys, more institutional investors will identify projects like these with strong FA and they will put their money there because the big money  value security of investment rather than promised returns.

My money will be with Emanate too because I believe in a technology that gives artists and other creatives their fair due, I believe in a technology that's takes back power from the big corporations, the powers that be and give it back to the artists and I believe in a project that gives artists the chance and an enabling environment to collaborate when all artists have knows is distrust. From now on out it's honestly all a game of patience, waiting for Bitcoin to begin to range out and interest reduce, then eyes will begin to turn to alt coins. When that happens you know that the real profit taking is about to begin, the next set of millionaires are about to be created and projects like Emanate with their strong FA are what will do just that.

To sign up and begin to earn from your creative work either as an artiste or say a producer or even composer or to begin to listen to beautiful Music and reward the artists go sign up on their website by clicking this link;


https://emanate.live/home  

If you have any questions or anything you need clarification on, don’t hesitate to join the Emanate Discord group and ask your questions, a Rep will be sure to reply you as soon as possible;


https://discord.gg/Xjjzbc7

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Avatar for Don_Christov
Written by   35
2 months ago
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