Beloussovski (OP)
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June 06, 2017, 05:18:39 AM |
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The 2017 rally has really opened my eyes up to cryptocurrencies and the awesomeness it brings. I'm eagerly looking to get into the market, but with the huge price appreciations, I'm worried I'm to late and will get badly penalized if/when the market dips. What is your point of view, should I get in now or wait ?
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octomob
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June 06, 2017, 05:22:50 AM |
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Same here, man My advice is do some basic research first, before dive in ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Don't believe the hype - before buying any token, try to dig into the company's profile and learn as much as you can Good luck!
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Beloussovski (OP)
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June 06, 2017, 05:49:09 AM |
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Alright cheers! Hard to decide where to dive in with the amount of currencies available, got any recommendations where to start ?
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sentinal
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June 06, 2017, 05:50:57 AM |
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Hi the answer is you are too late for the first run from March yes. THe question is will there be another run?
I'm going to save you some time, if you are looking to stretch out just buy some of the following:
strat, sia, waves, wings, ark, zen, lbry, nxs
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Zadicar
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June 06, 2017, 05:58:11 AM |
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The 2017 rally has really opened my eyes up to cryptocurrencies and the awesomeness it brings. I'm eagerly looking to get into the market, but with the huge price appreciations, I'm worried I'm to late and will get badly penalized if/when the market dips. What is your point of view, should I get in now or wait ?
You are not the only one have doubts and question on their minds like on this situation even myself still looking for the right time on deciding buying a particular coin and yes this is really a great year for bitcoin and most crypto which its price do appreciates bigtime compared back on previous years.Heres a tip,dont buy on peaks just wait for price correction or pullback before entering.
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dissident
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June 06, 2017, 06:14:41 AM |
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You're likely almost too late.... There are some that will double or more yet... VIA, XBT, PASC, and BAY for sure. The total market cap should hit 120-150 billion before the pop.
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Adelajda
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June 06, 2017, 07:21:27 AM |
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The price of all the alt coins has broken new barriers and it looks like it is not a safe heaven to invest your hard earned money,either you have to scout for new promising ICO or you should study the market and enter the coin on a day trading basis to get some profit,other than that the risks involved are really high.
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X-ray
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June 06, 2017, 07:30:12 AM |
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You're likely almost too late.... There are some that will double or more yet... VIA, XBT, PASC, and BAY for sure. The total market cap should hit 120-150 billion before the pop.
Not for pascal. They wil never touch the new ath again in the future. rather than pascal and RLC or golem should be better than pascal coin by determining from the coin's demand and the total market cpaitalization.
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Yuuto
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June 06, 2017, 07:38:49 AM |
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The 2017 rally has really opened my eyes up to cryptocurrencies and the awesomeness it brings. I'm eagerly looking to get into the market, but with the huge price appreciations, I'm worried I'm to late and will get badly penalized if/when the market dips. What is your point of view, should I get in now or wait ?
I suggest not getting into the market now because honestly this thing might implode on itself any time. The best forex forecaster probably can't even tell you the general direction bitcoin is heading at because it is simply so damn volatile. It's up to you, the bubble might not burst right now and continue to climb. I thought that the bubble was over when the correction to $2000 came and so did many others but it's still going strong.
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cashkong
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June 06, 2017, 07:40:53 AM |
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Well depends on what your goals are if you are happy to double your money at minimal risk then even bitcoin or ethereum is a good option. If you are happy for a bit more risk then its still possible to get really good gains, the thing most coins that have already been pumped are missing is a link to the real world. Real world services is the next step in the evolution of blockchain based coins and tokens, these are still young and full of opportunities.
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vaccin
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June 06, 2017, 07:41:21 AM |
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I believe it's not too late. Moreover I think this is just the begininning. Yes, some already made tens of thousands or millions but this shouldn't stop you to invest. Rule of thumb, there will always be richer people than you, accept it. I don't think there will be a correction soon. I don't believe in one of the most rising coin right now, but this is becoming too big to ignore. I will not give you any advice though without being biased, so do your reseach and start small. A couple of tokens may not give you awesome ROI now, but think ahead, what would 100$ invested in a couple of tokens mean in 2 year time maybe? Dive in my friend and spend what you can afford. Sky is the limit! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Bowtiesarecool
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June 06, 2017, 08:57:44 AM |
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It is too late to join in, blindly. There is barely a coin that hasn't been pumped to the heavens on the exchanges and the volatility of BTC against alts makes bag-holding those alts risky investments. However, join studiously is very much open. You'll have to read a lot, analyze everything, double-check on dev team and community, weigh opinions, study trends and charts before staking a single sat to any alt.
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Maarten91
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June 06, 2017, 09:13:31 AM |
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I agree, there is still a lot of room to grow for a lot of coins. It is important however to look into underlying project idea, dev. team, community, etc. There is still a huge amount growing potential, as blockchain is nowhere up to its potential in terms of practical implementation. For long-term investment it's still an absolute yes.
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paladium
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June 06, 2017, 09:14:49 AM |
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It's not too late for anything ever again. Certainly there are opportunities.
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bct_ail
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June 06, 2017, 10:41:40 AM |
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It is never too late. Nobody knows if we are currently in a bubble or not. Nobody can sell at the highest peak or buy at the lowest price.
My recommendation is before you invest (in anything, not only in cryptocurrencies): Read, read, read. Sleep, sleep, sleep. Think about what you have read. Read again, understand what you have read and invest then. And do not listen too much at other recommendation. Be always convinced in your investment. Otherwise go to the casino.
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Red-Apple
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June 06, 2017, 11:54:18 AM |
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that is a valid thing to worry about and you would be a fool to think these altcoins that are getting pumped are not in a big bubble that is about to burst. but it is not too late to start trading them. you can still find coins that have not been pumped to death and invest in them ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but for short time. also you can always catch the pumped coins on their bottom to enjoy some of the bounce backs but this strategy is much riskier than investing in a rising market and needs a perfect timing to get in at the bottom and get out fast enough.
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Juiceboxx
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June 06, 2017, 12:27:33 PM |
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My advice stay in fiat wait for a pullback like we had a week ago. Until then spend your time researching good projects. Everything has been pumped to hell and are at all time highs including bitcoin. Long term crypto's future is very bright but not at these price levels.
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jjc326
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June 06, 2017, 12:42:49 PM |
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This is what I was thinking in this month.. Lot of coin pumped (up to 100x and maybe more) BTC is pumping too! Don't know if is a bubble, but there are so many coin overpumped out there!
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Charloz24
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June 06, 2017, 12:44:25 PM Last edit: June 06, 2017, 12:55:57 PM by Charloz24 |
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What I do now is invest top 101-200 coinmarketcap alts that aren't been pumped last month, so in that way there is less risk of "deflation" (or dump) and there is still the chance that it will be pumped too.
So my spot now is: BSD
Other one in the 101-200 range that is not at is ATH is ZCL that is worth a try.
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Vaypah
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June 06, 2017, 12:47:15 PM |
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Not at all mate! Buy when the altcoin market against BTC is down (such as right now) and diversify into the cheaper currencies with high trade volumes on Poloniex. Simple strategy but honestly its how I turned $1000 into nearly $10000 USD in 2 months. https://gyazo.com/93c3f57b0033e96260003bf7cada85a3
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