is it a good time to buy cardano and other altcoins which are dipping right now or wait a little bit dip more?
i want to exchange some of my btc with ripple , iota,cardano verge, any suggestion?
It's better to buy cryptocurrencies when they're having dip than buying when they're having and uptrend and reaching new ATH. As to whether you should wait or not, no one can tell you for sure since it's very hard to predict how long the dip is gonna last, although, the downtrend right now is probably a correction after the massive increase in the global market cap over the last few weeks so, perhaps the dip might go on for another day (?)
About the coins you mentioned, Ripple has decreased more than 20% in the last 24h, so if you want to buy, do it now. iota and Cardano are going down but not by much, I would buy small amounts and then wait to see if keeps going down to buy some more, and friendly advice: forget Verge...find another altcoin.
my gratitude
i made a mistake last month a put all my investment in btc which was wrong, Im still learning, if i had put that money into some alts my investment would have been like 5x,it isnt late i think i can compensate for it. when the percentage in coinmarketcap website is in red state we can assume that a coin is having a dip right?
whats wrong with verge?
investing in top10 alts is definnitely better than keeping btc right?
i have lost monet keeping btc for the past month,putting my money into several baskets is for sure better, this may yield 2x return for the sum of the altcoins
yes, red numbers usually mean that the price is going down.
About Verge, I don't like it, Verge dev team is absolutely incompetent and unprofessional (they've missed 3 deadlines already), it lives on false promises (it doesn't obfuscate addresses), and overall, the coin is useless and brings nothing to new to the table (there are way better options on the market if you want a privacy coin).
Investing in the top 10 alts doesn't mean that you're going to gain profits (though they're going down right now so you will actually get some profits), some of those coins in the top 10 are playing the pump and dump game. Don't buy the hype, take your time and do some proper research on those coins, same goes for those undervalued coins on the market, read a lot and then decide on which one you want to invest in, sooner or later, you'll see some profits.
And holding BTC is always a safe option, if an altcoin suddenly crashes, people will dump it and jump into BTC. Try to diversify your portfolio, but also keep some BTC on the side.
