Best time to keep investing? market is crumbling again

[Bitbtc8]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

[1714952907]

1714952907

[1714952907]

1714952907

[1714952907]

1714952907

[Nivia1st]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

that's a good idea, your decision is very right. continue like that, you are correct in your choice. at a time like this, investing in bitcoin is the best choice. although altcoin is currently down to 30-35%, but buying altcoin is not recommended. because prices could fall further. if later things have started to improve, then buy potential altcoin like BNB/ETH.

[Stanlo]

You are on the right path if btc is your main investment choice but we don't know if altcoins will keep deprecating in value so if you invest in altcoins now you might end up losing money in a very short time, bitcoin is your best bet because i am sure that price will recover in time, nice move

[livingfree]

You made a wise decision.

You have a better choice than those questions that were asked before on what coin should they invest. Before I can give a little bit more advice for you, as you invest with BNB and ethereum. How much you are dedicating for these altcoins?

And as for bitcoin, how much you have invested? do you have a budget for it or you just buy if you have cash on hand?

[knuckey]

eth and bnb are the right choice, eth as a blockhain platform provider that has been widely used by developers and projects in their ecosystem, this is certainly making eth will continue to grow. bnb is no less interesting than eth, bnb has a very popular exchange among the crypto community and bnb also has its own blockchain, and provides a platform for alts to be traded in their dex exchange.

these two alts are also my favorites, but you also need to remember not to forget bitcoin in your portfolio.

[DeepChipolino]

In terms of asset selection, this might be a good idea. But buying just because the price has fallen is a bad idea. Contrary to the opinion of many. Or are you ready to hold even in the case of -50%?

[Reatim]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

Planning to diversify the amount I have in hand now

I’m looking for atleast $7000 value of bitcoin since the speculation says it will fall to $6k level

And adding altcoins like Litecoin,Neo and Wave

In terms of asset selection, this might be a good idea. But buying just because the price has fallen is a bad idea. Contrary to the opinion of many. Or are you ready to hold even in the case of -50%?

Crypto investments is a risk,50% low is normal if the currency you hold can moon in future

[Kvalentine]

Like its been told in several posts on here, bitcoin can't do without altcoins so choosing bitcoin as your first choice is a good move and also trying not to leave altcoins behind is good too since your aim is towards popular altcoins like ETH and bnb token

[samcrypto]

I’d rather buy many coins than to put my money on one coin only. I will buy bitcoin and other altcoins because I know their worth  and I know i have to buy them so i can earn profit. The price is down, buyers have to celebrate because they can buy more since the price is still cheap and yeah bitcoin is cheap compare last month.

[maydna]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

I will continue to invest in bitcoin, but I also invest in some altcoin which I believe it could increase later. Like ethereum, I still invest in that coin, especially if the price is down like today. But I don't hold it for a long time because it is hard to see the ethereum will rise in a short time. So after I can get some ethereum, I will wait for some time, and if the price can increase, I will sell it and do it again and again.

And for bitcoin, besides holding for some bitcoin, I will sell it if the price can increase at least $500. By selling some bitcoin, I can calculate how big my profit and if necessary, I will hold for more to expect for making a bigger profit. Well, although that does not always work, I am fine if I could only get a small profit because I am sure that I can make a big profit when the time is right.

[Saisher]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

Good idea in my opinion, when the market is dropping two opportunities are coming, one buy more top coins in the market like Bitcoin Eth and Ripple, another one is dumping all those useless coins and trade this to the top coins in the market, this drop should be expected I always posted there will be a lot of this along the way and this is something beyond our control.

[meanwords]

"Crumbling" is kind of inappropriate term for the market status right now. All I see is a sudden panic sell from those investors. It's a good move that you do to invest in Bitcoin right now because in my opinion, this is just temporary. Once the people stops panic selling, Bitcoin would see that $10,000 price again. I would say to liquefy your investment, not just BNB and ETH.

[Mighty_crypt]

Not bad,but think twice with altcoins because they can still see more value drops, go full into bitcoin for now id do the same too to be on safer side, altcoin market this year is uncertain with way things are going now, its just like altcoins are loosing more interest from the people

[Doranile432]

Only invest if you have the money to, do not sell your coin to buy other coin unless you are going for bicoin, altcoins are in big bad shape and God knows when everything will change for altcoins, for short term profit stay with bitcoin and for long term stay with high well known altcoins

[X-ray]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

I will try to divided my amounts to invest in bitcoin and altcoin consider about the this time the altcoin is starting to increase again. It's not a good idea to buy binance coin and you must see the fundamental of binance IEO again.
To buy ethereum is a good idea and what about put a little money on top 100 CMC?
I have bought a lot of CRPT and it rises 5x from my initial price.

[fortunecrypto]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

I definitely will if I have the funds I just bought in it's first dip three days ago and I encourage everyone who have not yet, opportunities like this, come and go, we never know what's going to happen tomorrow, the market is very volatile it could continue to drop or it will go up again, but the top coins in the market will always bounce back.

[vanya.pronin.1983]

If any investment is considered to be great at the moment it should be BTC. As 2019 has shown, only BTC is able to react quickly and restore its price within several weeks. No altcoins has shown something familiar this year.

[cryptothreads]

I just do hold and buy again even the market drops but i study well where i do risk here in crypto like i base in their potentials then always really monitor the altcoins here because it so hard to pick where you invest in this not like bitcoin that trusted and popular that's why the price is so high compare to alts,Moreover i use btc,eth,xrp,bch,doge,dash,ltc for my investment here

This market cannot help you make a good profit this year because a lot of big fluctuations have happened and instead of believing in altcoins, you should choose a safer solution at this time. I personally recommend that you wait more because the market is unable to identify the current trend and you may face a lot of risks in investing. Actually now we do not know what to do in this market and I don't know whether to continue investing or not.

[masterrex]

Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??

I agree with your thread title and thats what i'm doing now! diversified your investsment in the promising coins/tokens in the market capitalized the dipping of prices in most altcoins not just bitcoin. buy in the dip and sell at high. so far i already have gaining some bucks because the coins that i was bought yesterday are already soaring its price. just choose that promising alts not just bitcoin.

[Kezacky]

I think investing in BTC is a good decision, but in this case I still have a lot of altcoin bags & I still hold it now. but I will follow the market trends if the worst possibilities of altcoin I have do not have a change in price, maybe I will sell or exchange it for a better one.