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ZECZcash$1,310.68
24h
+5.34%
23 Aug, 08:08
ZEC named as acceptable altcoin
Bullish+63.50%
AI Summary
The author advises against most altcoins due to liquidity concerns but recommends Bitcoin for stability and specifically names HYPE and ZEC as the only altcoins worth playing.
Whether or not you agree that a bull market has arrived, this is not the time to play with altcoins. Don't be misled by the lively gainers list over the past two days, with surges of 40%-50%; in reality, there is absolutely no liquidity. Yesterday's altcoin wicks were caused by long positions squeezing each other. If you seek stability, stick with Bitcoin (the big coin). The only altcoins worth playing are $HYPE and $ZEC.