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Author Topic: Is now the right time to buy altcoin?  (Read 2960 times)
mellisao (OP)
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November 22, 2019, 02:24:34 AM
 #1

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?
fatsy
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November 22, 2019, 02:42:58 AM
 #2

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November 22, 2019, 03:32:08 AM
 #3

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?
Yes it is the right time to buy some altcoins. it's better to spent all of your money in the different price level. I meant about you can divide your money into some. The market has already reached the bottom price and it looks like that the market is going to bump again. It's better for you to buy when you are thinking this is the right time to buy.
I will not advise you to follow my instruction but again you should just to your own research.
The big red has always become the best time to buy altcoin caused by that will give you the more chance to avoid the bulltra. At least when you can get in at the bottom price and if you are facing bulltrap and that will give you decent profit.

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November 22, 2019, 03:33:08 AM
 #4

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

I looked at the BTC 1 day chart today and it looks like it's oversold. The price should go up over the next couple of days/weeks. If you can get in right now, you'll more than likely end up making a bit of profit over that time span. That said, now is a really good time to pick up any altcoin that is somewhat following Bitcoins trend. They too should rise in price over the next little while.
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November 22, 2019, 03:59:34 AM
 #5

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?
I think this is the right time for us to shop all our altcoin wishes, it's better if you buy now than yesterday or before the market looks like this.

But it's good we buy little by little, buy 30% now, buy another 30% when the price is still down, and buy 40% for the last if it still goes down again, after that we are just waiting for the increase to occur.

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November 22, 2019, 04:18:11 AM
 #6

Although this is the right time to buy bitcoin and altcoin, you still need to be careful because we don't know if the price will go down or the price will be back to the higher rate. But you can buy a lot of coins from now and hold it for a while until the price can be back to the higher price. For bitcoin, I think if we still see the price go down for this day, then perhaps it will continue tomorrow so you can buy another lower price of bitcoin.

You need to analyze the bitcoin and altcoin price so you can get the lowest price of bitcoin and altcoin. That will give you a chance to make a profit later after the price can increase. I am sure that this time will be another adjustment of the price at the market, so in the next week, the price can start to increase again.

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November 22, 2019, 04:24:44 AM
 #7

At some point between September and max about 2 months from now will be the bottom for alts.
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November 22, 2019, 07:18:38 AM
 #8

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

Don't jump in simply because you see a sea of red. Sometimes going against the trend will not pay off handsomely like it would in other situations, simply because of the fact that you don't know where the bottom is.

And right now, I'm not sure whether or not we've bottomed yet. BTC certainly doesn't seem to have bottomed out yet, with the $7k support likely going to be tested soon and I don't expect it to hold up - which could ripple onto the rest of the crypto market in terms of impact.

I'd wait it out to closer to next year where I think markets will likely find support at a lower level after a series of projected corrections, and will have more bullish prospects with the halving.
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November 22, 2019, 07:49:42 AM
 #9

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

indeed altcoin prices are all down, but BTC is also experiencing the same thing, is this a good day to buy altcoin or not?
if you buy altcoin today there are many possibilities that can occur due to the current situation:
- after buying the price is getting down
- after buying the price goes up
and maybe from the current situation, not all users are thinking of buying altcoin back even though the price is cheap, it can be that the user is experiencing losses because the price drops continuously so he just waits. However, if you have more money, then it's okay to buy altcoin at this time, and I also think like that but still considering.

Shallow Water
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November 22, 2019, 07:53:18 AM
 #10

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?
not only right but Perfect to buy altcoins now,because anytime from today bullrun might happen as we are getting closer to the last month of the year.

this is very advantageous because now we are fall to aslmost 200billion$ market capitalization ,so low from the months of 250billion$ and up.

so buy now or become bitter tomorrow lol.
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November 22, 2019, 08:13:12 AM
 #11

We've been answering this kind of question for so many times and yes, it's a good time for everybody to buy bitcoin and a few altcoins of your choice. How much you're investing? depends on the coin you have chosen.

Scatter or diversify as much as you want but the main highlight should always go for bitcoin.

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November 22, 2019, 08:29:37 AM
 #12

As long as you keep them long term , you can have some buys here and there but don't go all in into altcoins and especially don't gamble with non-name altcoins. Pick something good that has a chance to bring you profits until spring 2020 so you can make the switch back to Bitcoin. Personally I gathered some altcoins and I will continue to gather as I don't rush until 2023 to sell anything I have but if you're going to buy ripple do me a favor and don't.

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November 22, 2019, 09:12:31 AM
 #13

It might be a good time to buy some altcoins as they are down quite considerably but wait a while and make a sound decision.
Always remember, never to invest more than you can afford to lose.
I hope that 2020 and 2021 bring good news to crypto as a whole and we see green all over it.
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November 22, 2019, 09:13:15 AM
 #14

Depends on what altcoins are you gonna buy. There are altcoins that is worth to buy like bnb, eth or some coins that having a cheap price but you can still see some potential objectives. I suggest you better choose those altcoins that are already established. How can you determined if this is the right time?
-learn the previous behaviour or charts of a particular coin that is your prospect to buy
-If you have time, learn technical analysis. From there you will spot when was the bottom price.
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November 22, 2019, 09:20:07 AM
Last edit: November 22, 2019, 09:54:11 AM by samuraijin
 #15

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?
yes, I think this is the right day until Sunday you can take some Altcoin or Bitcoin, considering a few weeks if you see an increase there will benefit you, I only took a few cheap ETH today also some dogecoin, if you have enough funds you can buy it

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November 22, 2019, 09:31:13 AM
 #16

I would advise against buying right now, as we just don't know where the bottom is. Certainly it is better to buy today than yesterday when prices were higher - but by the same logic tomorrow could be better for buying than today.
If you are confident on where the support levels are and whether they will hold, then by all means go for it - I would say it has to be an informed decision though, not just buying because everything is red.






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November 22, 2019, 09:35:20 AM
 #17

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

Yes, this is indeed the right time to buy not just altcoins but also Bitcoin most especially. The price had just made a nosedive. It is sad to those who bought earlier and expected to gain in the remaining days of November but it is also a good day to those who were not able to hop in the game when the price of Bitcoin and altcoins were much cheaper. The current price is already too cheap for me. By next month, the prices will no longer be coming back to this level.

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November 22, 2019, 09:36:13 AM
 #18

Though there's different opinions regarding to your question since the market volatility is really unpredictable, you need to assess your position if you think that the downfall is already on its dip and the bounce will begin to show up. If you'll take this decision make sure that you are willing to take the risk and you already set up additional plans just in case the situation will not favor you. Having alternative options will help you to stay close whatever the market comes your way.
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November 22, 2019, 10:06:40 AM
 #19

The prices are still going down after the latest bull run in which BTC crossed 11k. You can start accumulating altcoins of your choice from current price down word. Its recommended to buy when market is sleeping.

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November 22, 2019, 10:49:29 AM
 #20

Take advantage of the situation, BTC and altcoins are dumping now, therefore you will get it at a cheap price.
ETH alone fall more than 10%, so its a great opportunity as for sure it will bounce back soon.

The news that cause the dump is not strong enough to cause further damage, the FUD is here so its normal to see that dump from the weak hands.
But remember, the best thing to buy is when there is a panic selling.
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