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Has the bull run resumed for alternate coins

The cryptocurrency market witnessed major corrections in prices from its all-time highs in April 2021. Coins witnessed continuous downfall for the last 3 months which even led to major cryptocurrencies being available at almost a 50% discounted price from their peak.

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Has the bull run resumed for alternate coins

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  1. Has the bull run resumed for alternate coins?

  2. The cryptocurrency market witnessed major corrections in prices from its all-time highs in April 2021. Coins witnessed continuous downfall for the last 3 months which even led to major cryptocurrencies being available at almost a 50% discounted price from their peak. This phenomenon planted serious doubts in the minds of the investors and created quite a fear factor in the market which might have caused several tyro investors to sell their holdings at a loss. However, over the last week, the market seemed to gather back some momentum and witnessed heavy buying predominantly in Bitcoin and major alternate coins like Ethereum. You might be having questions like, Am I late to the party? Will I still be able to make good profits if I invest today? Which is the best place to buy Ethereum in Canada and how do I get started? If these are the thoughts that strike your head then don’t worry, we have you covered.

  3. Let’s get started by addressing some of the questions you might have1) Is it still worth investing in cryptocurrencies?Absolutely, the bear market that we witnessed has produced an amazing opportunity for new investors to start investing in coins like Bitcoin, Ethereum, and more. The momentum that we are now witnessing is a strong indicator that we might soon be back to the all-time high levels that we had witnessed in April 2021. All the cryptocurrencies are still miles away from these highs and investors can still consider entering the market from a long-term perspective and make good returns on investment.

  4. 2) Should I only invest in safe options like Bitcoin in such a market?Ideally, most of your funds should be allocated to currencies like Bitcoin and Ethereum. The market has witnessed a trend for a while that each time we get to see a rally in Bitcoin, most other alternate coins follow and some even manage to give better returns than what Bitcoin does. This signifies those investors with a certain risk appetite should invest in coins such as Ripple, Litecoin, Bitcoin Cash, Binance Coin, etc. to make better returns than what Bitcoin or Ethereum could offer.

  5. How do I get started?To get started it is critical to understand the asset you would be investing your hard-earned money in. One should always do their research before investing in any kind of cryptocurrency. It is also crucial to realize that cryptocurrency trading can be very risky if not done through the right medium. If you are wondering “How to buy Ripple in Canada” Or how to get started with buying any other cryptocurrency then all you need to do is log on to the Netcoins website and follow these instructions and you should be good to go. First, you need to provide your personal information to open an account. Then, you need to get your details verified. After this is done, you can transfer money into the wallet and begin trading.SOURCE CREDIT: https://medium.com/@netcoinscanada/has-the-bull-run-resumed-for-alternate-coins-66e35e888fa8

  6. THANK YOU FOR WATCHING

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