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Author Topic: Is this Right Time to buy Some ALT coins?  (Read 2680 times)
Rosilito
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February 02, 2020, 01:01:08 PM
 #21

It is true that right now we are hard to believe in altcoins since most of them have not really good performance. But trust me that two altcoins (ETH and XRP) are always good to invest. These coins commonly follow the trends in Bitcoin. So, if this year or in 2021, the Bitcoin will have a great season, I am pretty sure that ETH & XRP will probably have a good season as well.
These two great altcoin never bother me to doubt them. It was always in my list, and majority of people here I bet as well? Well, if not then try to root with these two. Anyway, going back to the OP claim, right this time alts are having their good run, they gradually increasing though, so, why think that they are having a hard time? 'Cause I don't see a thing for me to have such reason though. Anyway, I agree to the idea of buying during downtrend, and it is totally recommended anyway, however, people can't wait for the right time that's why they got bored and abandoned such great opportunity, what a waste.
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February 02, 2020, 02:23:45 PM
 #22

Actually I disagree. The worst time for most alts, but it is also a good time for a few others. Some I have been holding had their worst times in 2018 and late in 2019. But they are now mostly at least recovered over 100% from their low. I have optimism for most of them,,, and if you see other old coins are doing even better just quietly. I agree with everything in your list except TRX and XRP;)

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February 02, 2020, 03:27:43 PM
 #23

And for sure , trx is shitty coin too , i dunno why people still believe in the Tron, its just hype since beginning.
U know exactly when that token on liqui after their ico , the price just like got heavy pumped.
If u still choose altcoin , just choose eth
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February 02, 2020, 03:38:06 PM
 #24

Right time always was yesterday.
But rn is not bad choice, after halving all market will be green, i guess
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February 02, 2020, 03:48:32 PM
Last edit: February 24, 2020, 12:20:00 PM by masterrex
 #25

For me its yes, because most altcoins are not yet so expensive nowadays. if we analyze the current market condition it is already showing a positive growth it means the price is adding more every 2 weeks if the trend continues until a month I think it's a positive sign of the upcoming bullish market trends that everyone's waiting for so long that's why you can buy now the coin/token of your choice.
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February 02, 2020, 03:49:10 PM
 #26

And for sure , trx is shitty coin too , i dunno why people still believe in the Tron, its just hype since beginning.
U know exactly when that token on liqui after their ico , the price just like got heavy pumped.
If u still choose altcoin , just choose eth
well now many say that Tron is shitcoin but I disagree a little with your statement because all cryptocurrency requires a process to be expensive, tron must have a good development to be able to increase demand and use of tron so that when everything increases the price at the exchange will also increase. so wait for the tron platform to provide good news that can shake the world of cryptocurrency.
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February 02, 2020, 07:14:29 PM
 #27

I am confused, because most of the altcoin price has increased well, and there may have a dump very soon. So, it's better to wait for a few more days and keep waiting for the next dump. But If you feel afraid of missing the train, then jump on and buy some potential altcoins and hold tight. Every altcoin's price did not increase enough like EOS, BNB, ADA, TRX, XRP, FX growth still slow, so, you may have a look at them.

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February 02, 2020, 07:29:13 PM
 #28

It is really hard to say when is the right time, I think it is always right with the right project. As a newbie account here on Bitcointalk but maybe in other platforms you are not, you pick a decent altcoin but at the end of the day we are the one who will do the final decision. The majority of the altcoins are just sh*tcoins and they are competing to survive. I want to share some of my thoughts about altcoins with CREDIT/DEBIT CARDS(VISA) I think they are getting some attention right now and they are offering some cashback better than traditional CARDS. These platforms are getting bigger like crypto . com, Wirex, Swipe wallet. This is not a piece of advice I just want everyone who does not know about it to be informed, I guess they are cool.
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February 02, 2020, 07:34:06 PM
 #29

I think its always time to buy cryptocurrencies in general as long as you hold them long term and you don't make panic buys or panic sells when markets swings in prices. Right now, the market is on the rise so its a sign that you should start to buy great cryptos but the real bottom of them was kinda in november/december 2019.

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February 02, 2020, 07:42:23 PM
 #30

As we all know that this is one of worst time for all ALT coins including here are some Strong coins also facing this badly downtrend because of Bitcoin's unstablity and market fear. So, this is not by any meant that this down trend will never be revese and ALT coins will be recover.

Here is majority in crypto market are hopless and loss interest to trade anymore because of this boring situation, But i think Whales and other intellegent investor always looking for these kind of situation. So here in this situation if you are looking for grab some potential ALT coins i sugest you to don't be confused  and grab your favorit coins i am also looking some worthious coins.

I will recemend you to buy only coins with good name in market and avoid shit coins, TRX, XRP, NEO, ETH, LTC, XMR are some projects with Trusted team and comunity in backup. Hope you will consider my advice.

On the contrary, I think we should wait in Bitcoin a while. If you remember last bull season, firstly Bitcoin price rose then all other altcoins.
And remember, if Bitcoin price goes up quickly, altcoins loose value as a BTC pair always.

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February 02, 2020, 07:59:07 PM
 #31

Pretty good advice from OP. By choosing potential and strong altcoin in the market will increase the chances of getting profit when the market trend starts to rise. Moreover, some of these potential coins have decreased quite deeply during this bearish, this can be a good opportunity to collect them. However, it needs to be analyzed also related to the development of projects and current issues that could be a booster for rising prices.

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February 02, 2020, 08:00:40 PM
 #32

What more you would like to see? We are finally in a market with a positive sentiment, bull run is just happening so you can afford to buy nearly 10 times more altcoins as in 2017 for the same price.  Cool

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February 02, 2020, 10:20:32 PM
 #33

I would say until mid-march you can trade crypto, but sell them before April, as bitcoin halving is in April and bitcoin is going to pump. And its trend when there is a pump in BTC other crypto values drops.

Bitcoin's harfork is due on may 12 https://www.bitcoinblockhalf.com/ And we have time to buy top altcoins now. But we lose it to buy them. Every day they increase in value more than bitcoin. Therefore, I will transfer some of my money from bitcoin to TRX, NEO, LTC.

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February 02, 2020, 11:19:19 PM
 #34

That's an optional thing to do. Have you ever wonder why people will always talk about buying/investing Bitcoin rather than altcoins is just because some altcoins are meant nothing already. Its potentiality to rally in the market is going down which eventually giving the doubts that it gives us of what we are expecting to get.
Well, I'm not suggesting that not to invest with altcoins...only I would like to say that we should be careful in choosing amongst them. The right choice of coin/s is the only way we could generate profit and that is a big challenge for everyone especially for beginners.
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February 03, 2020, 05:00:01 AM
 #35

The cryptocurrency market moves in cycles and understanding these cycles is the key to profiting and managing risk.

There are two major ways of investing and gaining profit from it. Firstly, Hold more of the things that rise and less of the things that fall. Secondly, try to have more risk exposure when markets rise and less when they fall.

It is right point to invest in altcoin or not; at this point you have to ask yourself how high will bitcoin go and how low will altcoins go?

While it's possible that bitcoin will keep going up and altcoins go down in coming future, some altcoins will start to recover. And also some of the investors will realize that the gains they make on altcoins could easily outperform the gains from bitcoin.
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February 03, 2020, 05:04:39 AM
 #36

Not just because you saw that the altcoins are recovering, you will quickly acquire positions. It is not like that, you should only buy if you saw an opportunity where you have backed studies and tactics. Ask yourself about the strategies that is suitable for you, you cannot just buy because some of your friends tokd you to do it. You should only buy if you find a trading strategy that you can do.

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February 03, 2020, 06:41:35 AM
 #37

Yes it is a wise choice to pick and invest only good coins in the market. The market has many good coins worthy of investment. Some of them are BTC, ETH, XRP, BNB, LTC etc. But sometimes, so called shitcoins give good returns on your investment. But there is a risk that these coins maybe pumped. It is good if you are wise enough to take advantage of this pumping. 

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February 03, 2020, 09:00:30 AM
 #38

I would say until mid-march you can trade crypto, but sell them before April, as bitcoin halving is in April and bitcoin is going to pump. And its trend when there is a pump in BTC other crypto values drops.
what about altseason? did you forget ??
every halving will be pumped so as to attract new investors. Will the halving incident throw away all the alt bags and completely only for bitcoin?
Yes indeed this game will soon begin. and I don't think so, that investors will throw away all the alt bags, because the potential alt will also soar even higher. it is likely that bitcoin pumps will dominate altcoin so that they go to the moon. like what happened last year. IMHO

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February 03, 2020, 09:22:35 AM
 #39

Come to think of it, isn't this bear market the most strongest bear market in crypto history? many coins lost 90% of value already and if you are buying now you will get your hands on many quantities of coins for cheaper rate, now is the best time to invest in altcoins for sure

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February 03, 2020, 09:48:18 AM
 #40

I think you are right mate. From last 1-2 months their was a complete downtrend in alt market although some coin was pumped due to some of their new or development by the team. But now it is the a long time to removed the alt coin market and here a very strong possibilities to bounce back for market. So here is time to join the party because in any time bull run will start in alt coins.
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