And buying now is really good for a long term holding because we know that the price is increasingly every year and the only reason on why it goes down or dump really hard because of the FOMO and it really affects all and even the altcoin value.
If people like the aspect of this market where the prices pump for a whole year, they also should accept that prices can't go up endlessly and for that reason will correct in a similar fashion.
We went through a year long bull market in 2017 and went through a year long bear market in 2018. I think that we are currently replicating the same cycle, but in a quicker fashion this time, which should make moon boys happy.
Is it a great time to buy today as a long term hold? It might be, but you shouldn't expect the price to go up from here.... we could still see some form of a correction and lower low before we go up.