Guest Post Provided by CryptoMedics (Read the review of their service here) You might have realized that Altcoins have been suffering while Bitcoin dominance is going up. Many of our favorite Altcoins have taken another major hit. The Satoshi value of most large caps is still depressed compared to back when BTC broke beneath $6,000.
Take a look at this:
What to buy in this megadip? Which coins are far away from their all-time high and now a bargain? The Website ATHCoinindex.com shows you exactly this. Nice idea to get an overview about coins that suffered hard in this bear times. Note: Always do additional research before you invest. You should search for rock-solid coins that dropped hard and have much room for a recovery.
We are in a bear market right now, and whilst there are first signs for a starting uptrend that will take us all to 40, 60, 100k (of course), we likely will see a few dumps until this is going to happen. When we started with Cryptos everything was so easy – money was lying literally on the street. You bought some coin or token you never heard before, just held it and one day, magically, it's value has doubled, tripled, quadrupled and we all have been able to feel a bit like a modern Warren Buffet. Yeah. Those have been the good times – and then the bears took over. Bitcoin goes down and tears all the altcoins along with it. Too bad, we can't profit from falling prices, [...]
Such a tiny, nifty tool: Altcoin Analysis by the website “GetStartedWithBitcoin” lets you set up several parameters like the current price, market capitalization, volume, exchanges and more to filter out the gems in the sea of coins and tokens. This can be very useful for finding undervalued coins, 1 Sat token that might pop up soon or other research needs.