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Author Topic: Are you still buying altcoins??  (Read 1327 times)
Essential10
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May 01, 2024, 10:02:01 AM
 #141

Regardless of the market trend, i have made a monthly accumulation plan, i invest around $200 and i buy ethereum and bnb equally
I don't know exactly what time of the month you invest, but if your investment is early in the month then you are going to have a better chance. A while back I saw the price of Bitcoin drop below $57k. Now I can see the red light on most of the coins. Different people plan differently, if you want to invest in bitcoin or altcoins, do it, or take some time to analyze whether the prices will go down further. But I think investing in BNB and Ethereum coins can take advantage of the current time and make your Monthly DCA method work.

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May 02, 2024, 07:00:42 PM
 #142

Alt coins are never bad to invest in. But if you want to understand the difference between bitcoin and alt coins then of course I will choose bitcoin here because I prefer to buy bit more than investing in alt coins. Bitcoin market before investing and then investing. If we can invest in Bitcoin for long term by checking the market and taking time patiently then surely we will get more success with Bitcoin investment. I won't say that Bitcoin alt coins are bad. You can definitely invest in both and you will understand yourself which one gives you the most profit.
One doesn't need to make investments in both only to see which will give them more profit. Bitcoin undoubtedly is the best cryptocurrency in the market because it's the most trusted and people know they won't have any problems if they make investments in Bitcoin since it has been around for more than a decade already and whenever it loses value and drops significantly, it has always managed to regain its value over time.

Regardless of this fact, it doesn't mean altcoins aren't worthy of investments. The only downside of altcoins is that not all of them are good and worthy of investment, but this can be known if a person does some research before they make their investments. If someone thinks they can't do that, they shouldn't invest in them.

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May 02, 2024, 07:06:54 PM
 #143

I already bought some leveraged fractions at 5x, I intend to leave this position open until mid-2025 and I am going to do the same with Bitcoin, because in my opinion, Bitcoin and ethereum are the most reliable assets, I have my eye on SOLANA too.

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May 23, 2024, 11:44:35 PM
 #144

When the halving arrives everyone's attention will be focused on bitcoin because everyone knows that when the halving starts the price of bitcoin will rise drastically. When the halving starts everyone will definitely think that Bitcoin is the most profitable crypto investment, therefore when the halving starts the price of altcoins usually tends to fall. when the halving momentum ends and bitcoin has reached ATH, most investors will return to investing in altcoins and cause price increases for altcoins, and this is what causes the price increase between bitcoin and most altcoins to be different.

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May 24, 2024, 03:10:51 AM
 #145

I already bought some leveraged fractions at 5x, I intend to leave this position open until mid-2025 and I am going to do the same with Bitcoin, because in my opinion, Bitcoin and ethereum are the most reliable assets, I have my eye on SOLANA too.
When the halving starts the prices of the coins go up very quickly I believe bitcoin and ethereum are much more viable coins. Ethereum allows many other ALT coins to be hosted on its blockchain and has near-instant processing power. The price of altcoins often increases depending on the price of bitcoin. Solana market is currently showing its good position but how much higher it will go is uncertain.

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May 24, 2024, 04:10:08 AM
 #146

I already bought some leveraged fractions at 5x, I intend to leave this position open until mid-2025 and I am going to do the same with Bitcoin, because in my opinion, Bitcoin and ethereum are the most reliable assets, I have my eye on SOLANA too.
When the halving starts the prices of the coins go up very quickly I believe bitcoin and ethereum are much more viable coins. Ethereum allows many other ALT coins to be hosted on its blockchain and has near-instant processing power. The price of altcoins often increases depending on the price of bitcoin. Solana market is currently showing its good position but how much higher it will go is uncertain.
The day before yesterday we also saw Bitcoin rise and Ethereum cross from $3.1k to $3.9k. Since the beginning of the year, Bitcoin's price has fluctuated a lot, which has resulted in the rise of altcoins. Solana has been the best performer this year with the current price above $171, with the Bitcoin price up and down, the price of Solana coin is showing the same pattern. It is natural for all coins to have doubts about where the future will go. But I think Solana, Ethereum coin can break its past high price record and enter new price if Bitcoin price increases further in upcoming bull season.

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May 24, 2024, 04:52:46 PM
 #147

looking at the current movement of bitcoin, there is still an opportunity for us to buy altcoins. There has been no movement that makes the altcoin market bullish this month, buying several altcoins is an opportunity for traders. The new increase occurred in Bitcoin and Ethereum alone, while other altcoins were still at low prices. I keep some altcoins in my portfolio considering the altcoin bull market is approaching.

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May 24, 2024, 05:14:46 PM
 #148

I must admit that many altcoins would do well this year and its best you don't get stuck holding any if them, I'd advice if you want to hold anything go for bitcoin it's the best and you won't worry about price dump much, altcoins I would have recommended are already up, bnb, eth im not really an altcoin Person but sure keep buying.

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May 24, 2024, 09:59:09 PM
 #149

I already bought some leveraged fractions at 5x, I intend to leave this position open until mid-2025 and I am going to do the same with Bitcoin, because in my opinion, Bitcoin and ethereum are the most reliable assets, I have my eye on SOLANA too.

Actually I think you made a nice selections by adding bitcoin and ethereum so that should in case anything happens you won't lose the both side, at least you can recover from one side that is why is not always advisable to keep our ege in one basket, because you don't know what will happen to the other basket. However ethereum has proven to be the best among other altcoins that is why ethereum keep  gaining more popularity in the market. of course ethereum is a good asset that can profit One  in the future, the reason why I chose ethereum over other altcoins is because is good for Long term holding.

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May 24, 2024, 10:35:41 PM
 #150

looking at the current movement of bitcoin, there is still an opportunity for us to buy altcoins. There has been no movement that makes the altcoin market bullish this month, buying several altcoins is an opportunity for traders. The new increase occurred in Bitcoin and Ethereum alone, while other altcoins were still at low prices. I keep some altcoins in my portfolio considering the altcoin bull market is approaching.
I'm not relenting when it comes to buying altcoins, having numerous altcoins on my list. Our portfolio will always become relevant to us because making our decisions comes with flying peaks. Traders comes with a whole set of opportunities and we exactly knows what it means to make abstracts. Bitcoin movement is slow and we have come to realizes how altcoin waits for the dump and bull moves of Bitcoin, atleast it provides fueling volatility for them to skyrocket to the moon.

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May 24, 2024, 11:13:00 PM
 #151

I must admit that many altcoins would do well this year and its best you don't get stuck holding any if them, I'd advice if you want to hold anything go for bitcoin it's the best and you won't worry about price dump much, altcoins I would have recommended are already up, bnb, eth im not really an altcoin Person but sure keep buying.
As long as this altcoin still has a team that works very well and always develops the projects they have, the altcoin will increase in price because there will definitely be investors to provide support. But when the project being developed is not very popular with many people, it will make the price of this altcoin not has the power to raise prices.

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