Analyst: Stack Altcoins Now for Easy Profits Before Bitcoin Dominates
CryptoNewsTerminal Staff17 May, 2024
Analyst: Stack Altcoins Now for Easy Profits Before Bitcoin Dominates
Michaël van de Poppe, a popular cryptocurrency analyst, recently shared his take on the market. He believes we are in the last "altseason" where investors can make easy money. "Altcoins are currently undervalued since many investors converted them to Bitcoin in anticipation of the US BTC spot ETF," he stated. Van de Poppe's strategy involves selling Bitcoin to invest in altcoins and accumulating more Bitcoin later in the year. While not bearish on Bitcoin, he sees this as an opportunity to maximize profits in the altcoin market.
