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Author Topic: Best time to buy altcoins?  (Read 2379 times)
integrity1 (OP)
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July 28, 2017, 06:14:47 AM
 #1

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.

Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
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July 28, 2017, 06:16:37 AM
 #2

I think the best time to buy some alt-coin is when the price is dropping down or at very low price.
Then after that all you have to do is wait for it to recover its price but be careful in investing your money.
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July 28, 2017, 06:52:10 AM
 #3

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.
if you are not a trader i suggest staying away from altcoins. just invest in bitcoin. you can even wait for after August 1 to do it if you are afraid of the future or you can buy in case you saw another dip (unlikely).

if you want to buy altcoins you need to be a trader. and in my experience they are not good for long term. it is best if you just trade them and get the short term profit and put that in something that has a better long term future. bitcoin, gold, ... come to mind.

Quote
Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
as it was also recently proven, when bitcoin goes down altcoins go down with it.
this means that if you think August first can have a negative effect on bitcoin price then you should not invest in altcoins either.
of course there are always small unknown altcoins that are getting pumped and dumped irregardless of what is going on in the world. and for that (as i said above) you need to be a trader. you need a lot of experience to be able to pull it off successfully and not invest in the bubble and get dumped on.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 28, 2017, 07:23:49 AM
 #4

first  thing to consider is the fundamentals of the coins you will be supporting. know it's use and survey it's situation in the market. then if you are really decided to invest on that coin then wait for it's dip. when the price is low take the advantage of buying it. again on the first line make you really believe on it's fundamentals. then wait for the pumping period and see to it you already gain before selling.
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July 28, 2017, 07:30:40 AM
 #5

Not for now i see the current price of each alt is in green days and this one should needed to be followed so if those red days occured well maybe we can buy some of them and wait for it to pump and earn with them, But you must select those potential coins listed so that you can make sure for yourself that those coin will pump eventhough theirs dump stike on the coin you've bought.

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July 28, 2017, 07:33:58 AM
 #6

I think the best time to buy some alt-coin is when the price is dropping down or at very low price.
Then after that all you have to do is wait for it to recover its price but be careful in investing your money.

We'll never know when will prices fall very low, or even will never fall very low. currently, some altcoin has the price under ICO price, and it's been good enough to buy it. such as Mobilego (MGO), SONM and many more.
so I think the best time to buy is when the price of altcoin is under ICO price.
 
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July 28, 2017, 09:05:47 AM
 #7

I think you can wait for few days than you can analysis crypto currency market than you can decide buy some coins.Waves & Ethereum market is best for future I think.You can try this buying this coin.Best of luck bro.

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July 28, 2017, 09:39:01 AM
 #8

If talking about profit, of course everyone wants it. Buying cheaply and waiting for the price to go back up then sell it, I think that's what all investors and traders expect. But I see now this market is not yet stable, so we should wait a little longer. After August 1st, I'm sure there will be plenty of Pumps in every altcoin. Patience to minimize losses
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July 28, 2017, 09:41:10 AM
 #9

I hope if we wait for another 2 or 3 days we can grab some cheap coins because due to the fork many people are withdrawing their BTC to their hard wallets. So this is the right time to people who are looking for some cheap altcoin and you make profits when the market settles.
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July 28, 2017, 09:41:29 AM
 #10

I have bought some alt for on hold until 1st of August. May be said now is the right time to invest in atl, but do not just think of the benefits alone, you must first understand the risks.
Read a lot on this thread and keep learning, be careful and meticulous in investing. All options are in your hands.
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July 28, 2017, 09:45:12 AM
 #11

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.

Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
I think it isn't the completely best time to invest your money in the altcoins because the price of the bitcoin is still high ( even in these circumstances where network of the bitcoin is under upgradation ).
So here my suggestion is to buy bitcoin in small small installments and invest in installments also for altcoins . And don't invest all.of your money in single altcoin .
But after the completion of the fork , try to make buy btc in bulk and then invest in multiple coins , because after hard fork there is no reason to stop himself from any type of investment .
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July 28, 2017, 09:48:20 AM
 #12

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.

Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
Well many altcoins that has potential will be more expensive in the future, they are litecoin, dashcoin, ethereum classic, ripple and another altcoins that has large amount of capitalization you can check on here https://coinmarketcap.com/
But the best strategy investing into altcoins is never put all of your money in one altcoins, you can make investment on couples altcoins include invest in ICOs, it will gives maximal profit from your investment.
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July 28, 2017, 09:49:58 AM
 #13

Best time to altcoins is when you learn everything about that one coin and its community. If you have enough trust you can even buy in so called peak and even profit from it. Just learn more about it. My personal preference is Pos first as well.

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July 28, 2017, 09:53:38 AM
 #14

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.

Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
Well many altcoins that has potential will be more expensive in the future, they are litecoin, dashcoin, ethereum classic, ripple and another altcoins that has large amount of capitalization you can check on here https://coinmarketcap.com/
But the best strategy investing into altcoins is never put all of your money in one altcoins, you can make investment on couples altcoins include invest in ICOs, it will gives maximal profit from your investment.

Yes, many people investing into single coin and concentrate profits only with it. But it is completely wrong because we to find which altcoin will give you more profits in future and invest them into those. Don't keep all your eggs in one basket, try to divide them into a different altcoins which is good and reputable in the market.
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July 28, 2017, 09:54:02 AM
 #15

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.

Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
It is just a basic thing where you buy low and sell high your tokens in the market to gain a very good profit in the market but j guess the altcoins today is already dump in the market and i think it will continue to be dump in the market until august so maybe just see in august what gonna happened.
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July 28, 2017, 09:58:46 AM
 #16

In my opinion the best time to buy alts are now and tomorrow. All the money from alts are running into btc to make the best out of the fork situation. All the alts are red now! Buy some blood if you want.

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July 28, 2017, 10:09:42 AM
 #17

In my opinion the best time to buy alts are now and tomorrow. All the money from alts are running into btc to make the best out of the fork situation. All the alts are red now! Buy some blood if you want.
Yeah , totally agree with you , If you can see than you will find that the price of the most of the altcoins are down ( poloniex , yobit , nova ) .
Here I myself is thinking to invest my all bitcoin into altcoins because here the chances to increase the price of the coins are more after the fork because most of the people transferred all the bitcoin from the exchange to Thier address of wallet and waiting for the complete of the fork ( waiting to recover himself from fork splitting fear mostly ) .
So just make investment in 4-5 coins which are at much down price and have better future according to your analysis , and analysis here plays an important roles for the successful trading , so instead to be blind first make some research to buy those altcoins which are not much famouse and are at down price .

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July 28, 2017, 10:21:07 AM
 #18

Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.

Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
I suggest that you dont buy know, since many altcoins are in the green but if you really want to buy now, there are some altcoins that I think is currently oundervalued today. One of which is well known by the community and has a token creation feature like ethereum. You can also wait for after august 1 because there will be a fork on bitcoin and it is seen in the past few weeks that if bitcoin dumps, many altcoin dumps so dont buy because there is a probability of huge dump in bitcoin.
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July 28, 2017, 10:28:13 AM
 #19

you need a crystal ball to answer this one
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July 28, 2017, 10:42:44 AM
 #20

I hope if we wait for another 2 or 3 days we can grab some cheap coins because due to the fork many people are withdrawing their BTC to their hard wallets. So this is the right time to people who are looking for some cheap altcoin and you make profits when the market settles.
But in the fact, they don't sell their coins and keep hold their coins because they are really sure the price will skyrocketing than now as well with me. It's not a good idea to sell your Bitcoin because hard fork, a recommended way is to move out your Bitcoin to wallet which you can access the private key rather than sell it.

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