Bitcoin Forum

Looking at the current price, all alt has decreased, is this the right time for us to make purchases and take profits or do we have to wait patiently ?
how do you thing guys ?

Yes it is the right time to buy back again and try to wait for the recovery that may happen very soon. I have bought when bitcoin was less than 31k and it's not almost 32k.
you should not wait but just try to bet with small amount when the bearish trend has come.
This cycle is happening so many times.

IMHO, I think it is better to wait a little more time until the market was stabilized because when we consider the market today it was continued falling, But it's up to you if you want to buy now and hold it. Because if your guts were right and the market will continue to pump and then thats the time you will become a winner.

Yes, it's the best time to buy. If you have the idea how quick the recovery of cryptocurrencies are especially bitcoin and ethereum, you see a good time for you to buy. This time will not pass by for too long and the market is inevitably going to recover no matter how low it does.
But for you to be wise, check all of the coins you want to purchase and buy it while you see them at the cheapest price that you can.
And never forget to buy bitcoin.

If anyone was looking at the price some days ago, with how high it was can be discouraged, but there have been drop, Bitcoin was not saved from the drop and with alts, crypto-currency experienced may be it first significant fall of the year 2021, it can be time to buy if the price is not still high, -to me its still high for one Bitcoin- but for alts it seems fairly affordable.

The bullrun is still very much alive, what we are experiencing now is just correction, now is a good opportunity to buy coins at more affordable price, I'm sure the market will still recover like the past corrections we've seen since the bull market began

Of course, this kind of dip are really a good opportunity for everyone to buy every coin we want as a discount price because they are all red. I don't think that we will see another dip like this. Bitcoin has slowly gaining after all the news about double spending has been clear by many experts. And looking at the price, it goes <$30k for a brief moment, bounce back to $30k and now I think the trading will end at $32k. And then bull run will commence, so take advantage of this, ETH might go to $1500-$2k at least and bitcoin $42k.

Take advantage when the price dip, that will give you an opportunity to sell with profit at a very short period of time.
Look at the 1 week movement, most coins are down, so it's possible to bounce back.

However, if you are looking for a major dump, I think you need to be more patient, just focus on the movement of bitcoin, it's still at $30k now so it's still possible that the price will dump further. But, make sure you do your own research as I or we could be wrong.

There is still high chances of recovery I believe, the bulls aren't done yet and the whales are still accumulating some bitcoin, although it won't be long anymore that bears could take over, nothing is so guaranteed in crypto space, it's a good time to buy back but we got to be careful, buy back with only what you can afford to lose

Yes, it is the right time to buy many coins while the price is down. But you should analyze one by one the coin to find the potential coins. If you just buy bitcoin, you can buy it now at a low price or you can place an order buy at the price you want, and you can wait for a while. After this moment, I am sure the price will increase again, and we can take profits or still hold it for more to make a bigger profit. It will be more difficult to find the right coin because altcoin has the same chance to increase.

Bitcoin seem more stable at 31k this time around, it's definitely a good time to buy because what's coming will be huge, it's just a feeling though, also I'd look into few top altcoins if you haven't invested in any yet but make sure you invest only what you can afford to lose

Definitely the time to take advantage by buying, though I am still having doubts since the price might go lower than what we are seeing right now, we can still wait for a day or 2 and see if there is actually a movement downwards, and if there is then I think that's the time to take advantage, right now won't be the best time to buy in my opinion.

Perhaps, yes if you believe that the market will recover and if you are planning to play long term, but its really hard to say right now because the market is very volatile. For now, i’ll relax myself and focus on analyzing the market, its better to do your own research first than to be sorry later on.

Stop asking the same question again and again. Maybe read those previous threads that has been already created (o just google "when is the right time to invest in crypto currencies?"). You will keep on getting kind of answers: People trying to shill for shit coins, people trying to act like some experts, people blasting random prediction and then few people suggesting you something that might we worth reading.
So price have dipped? Then eventually start buying instead of waiting for it to dip more. NO ONE can answer how much lower the price are going to go. Just follow few of those golden rules like buying during dips and investing only what you can afford to lose.

Of course, This is the right time to buy some coins according to your taste, the current correction is only temporary, The crypto market will soon recover and you will benefit when prices return to normal.
But if you are still in doubt, please wait few more days while monitoring market price movements, and don't forget to do your own research, because basically the movement of the cryptocurrency market is very difficult to predict.

It all depends on the research you are doing, if indeed you feel that the decline will stop soon then it's better to buy now but if you are still sure the price will still go down then you should be more patient

"Buy at low, sell at high."
Depends on how "low" is it for you, some might consider holding and some might burst buy right now.
Most of crypto coins' price are unstable especially Bitcoin, so take the chance right now if I were you.

The bear market is ofcourse the right moment for investors to make purchases and refill their bags; And i think it will be an easy process for you if you follow the market very well and do your research; that way you are ready to invest when the bear market happens.

The reason why you have to do your own research is to enable you find out if the price will bounce back from the bearish state before you make purchases. You can only predict this if you research and monitor price movements.

I personally try to take the risk of going back to buying altcoins that I trust through good research, not everything will return to normal quickly, some even end up with a scam.

Buying is mostly good at dip and it requires patience! Buying now is just for short term profit, it won't be advisable to be caught in a big dip trap if it happens as this is still expected before a big upward move.

Yes. Despite most of the altcoins right now are on red, take advantage of it by means of investing and buying it while those altcoins are still on a low market price value. But study first the coin you will invest in, make sure that it has true potential in the future to fly to the moon.

i think the answer is can be yes and can be wrong, because all kind of predictions is not 100% right mate
you should know the risk, because market is in corrections now, i think you should wait a little bit more, or if you want to buy now, just buy with small amount first

This is a correction when big bull run has just started, in my opinion, so i do not know why you want to sell and take profit now rather it is good opportunity to buy and accumulate more as this may prove to be last correction before parabolic move.

to buy or sell any cryptocurrency, you must have a strong reason, not just because you feel the coin will going up my friend
for example if you use a technical analysis you must, buy at strong support zone or strong demands zone
i will not buy in current situations, wich mean i will wit for more confirmations

Yeah. I think this is the right time to invest by choosing the short term. I will not wait for the price to drop to buy a new one because the price movement is very fast, it's better to take action and take profit even though it's not much.

I think there is still a possibility that the market will recover even if it is not in a fast time. if you see that almost all prices are very much influenced by the price of bitcoin, and now the price of bitcoin is gradually recovering. so maybe we should be more patient waiting

You're the only one who can answer this because it depends on our perspective. Besides there are other threads related to your question so might as well do a research first before making another thread.

Anyways we often say to buy low sell high, therefore if the value of altcoins are acceptable for to buy then its up to you or wait further for price declines.

Some people have been trying to buy back again last day and this time bitcoin is recovering again. It's easy profit for anyone who has been buying bitcoin @30k range each.
So many people have been using the last correction to enter in the market. Some members have been suggesting the right answer about when to enter the market.
If OP was joining in the market a few days ago and he may get very nice profit.

Basically the movement of the cryptocurrency market is very difficult to predict. I see bitcoin is sideways and doesn’t drop its price too deeply, it’s great for altcoins.
where all altcoins always follow the movement of bitcoin. The declining state of the altcoin will now recover quickly if bitcoin  strengthens  again and stabilizes.
If you believe and can predict the movement of bitcoin’s direction,  you will not be  wrong in decision. For now,  only you can decide, because  this is  entirely about
the money you manage.

That's how you can earn here in crypto, through taking advantage of the price drops. If we'll look back on the year 2018. Bitcoin's value suddenly experienced bull run but the price suddely drop too afterwards. Many saw that price drop as an opportunity while other considered that as despair since their holdings at that time for sure is very high. If only we can only see the future, we'll surely know how to take advantage of the moments. Since we can't, the best thing we can do is to monitor the price change always and stay updated on the reliable news.

When altcoins dumps in price which in some cases like the current market, it can be seen as price correction, when such happens, buying can also be good but you will need to be careful of the type of altcoin you indulge in. However, before taking such steps, you will need to decide how long you will hold, that is, if you are anticipating long term, then you it will be wise to wait for more time for it to dump then you can buy but if you are just for the short term profit, then once the price correction takes place you can buy, at the same time, if you are a risk taker and you believe in the coin, you can buy at current price and know when to exit, even if it is with little profit (but it's risky though).

If you think that we are in a bull trend then every dip or correction of 20 to 30% is always a good opportunity to buy. I am sure you would have heard the phrase 'buy the dip' many times, this phrase perfectly suggests the strategy for bull trends.

This is the principle that we must have when we want to invest or trade with cryptocurrency.
we must have the ability to analyze the market, fundamentally and technically, both of which support each other. so, we know when to enter or exit the market, determine the right timing with the price range of the prediction by utilizing existing indicators. So there will be no more question, is this a good time?
if we enter the market just because we are influenced by other people, it is very dangerous. we must have our own analysis, it is okay to use the analysis of a more experienced person as a reference, but don't forget to make your own scheme.