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Author Topic: Good time to buy some alt?  (Read 2312 times)
Little Mouse (OP)
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April 30, 2020, 02:54:18 AM
 #1

We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.

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April 30, 2020, 04:26:31 AM
 #2

As we expect most of the altcoins today are increasing the same with the bitcoin too which is a good time to buy now some altcoins before when the market price of the coins drops immediately I bought a lot of ripple (XRP) because there is a chance it will reach again into one dollar market price, from the previous weeks that the price of the ripple got over 0.19$ there is a lot of rumour that the price of the xrp falls down again into 0.15$ and as an investor also I grab this kind of dip and waiting for the halving so the pair of the XRP/BTC will give me a huge market income.

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shade jenn
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April 30, 2020, 04:34:14 AM
 #3

Im sorry, what do you mean by "halving event" and what it relate to do with bitcoin prices that are rising now ?
I also saw bitcoin also the up trending in this week but dont know why
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April 30, 2020, 04:38:24 AM
 #4

We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.
The only big bet was bitcoin halving but as long as we are not yet faced it and the price of bitcoin can go even higher. I just remember if the majority of people have bought for the bitcoin rumour about halving. We can expect a correction after the halving will have passed. i have bought some kind of altcoins.

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April 30, 2020, 05:12:40 AM
Last edit: April 30, 2020, 05:24:57 AM by bitcoin31
 #5

There is more good altcoins that you can invest right now but during the halving we cannot sure about pumping of the coin but we can still have chance to start the bull run so better for you to have more altcoins such as ethereum .

Getting some altcoins at this moment is one of the good to do of the investors but choosing altcoind not easy because they have more needs to follow before you buy a coins.
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April 30, 2020, 05:15:21 AM
 #6

you are right but I think Bitcoin and Ethereum will be more reliable to invest and these both coins increasing trend is more than any other coin.

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April 30, 2020, 05:56:01 AM
 #7

I believe FOMO is the main reason why Bitcoin is surging presently but you can take the advantage of this ride hopeful it can hit over 10k, so yes it's not a bad move to buy altcoins, Neo rise from 7$ to 9.5$ today, EOS is back at 3$ too

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April 30, 2020, 06:06:30 AM
 #8

The best time to buy altcoins is over few weeks ago, that was when Bitcoin hit 3600$, imagine buying top altcoins at the time which would have given you 100% profit today, but now it's still not too late to join because of the halving, I believe that halving will have huge effect on bitcoin value this year because of HYPE and FOMO.

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April 30, 2020, 06:10:49 AM
 #9

There are good altcoins that showed its positive response to the recent bitcoin pump, I think it does have a point of buying some altcoins now because there is still more potential that bitcoin will go up. There are still coins that haven't showed their response to bitcoin pump, I personally think that it is a candidate for some altcoin buying.

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April 30, 2020, 06:15:16 AM
 #10

Usually the market compilation is as good as it is today so you can use it to sell the assets needed because the compilation you are buying is compiling prices are rising like this then it will keep you stuck at high prices but can not be able to increase the price of cryptocurrency going where.

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April 30, 2020, 06:25:01 AM
 #11

I think many will be more interested on bitcoin rather than altcoin but If Im were to invest on altcoin maybe only stick to ethereum. They have also a big event line up on their platform and totally a huge change. I will bet all on this altcoin rather trusting some of the new coins and tokens that is very risky for investment. Other user should also think twice if they gotta go for it or not but to be safe I think bitcoin is the best of all for long term investment.

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April 30, 2020, 06:25:11 AM
 #12

You are right, there has been a change in BTC prices in recent days from the Halving Process which made others green too.This is a moment where people take advantage and make exchanges on coins that are already strong and have a fast turnaround, principle of trade.

I'm not so sure it will be like 2017 (all time high) .

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April 30, 2020, 06:50:14 AM
 #13

Have it in your mind that price will dump probably after the halving event is over, now is the best time to start taking advantage, we don't know how much Bitcoin will grow this time but be expecting dump soon, I'd rather wait for another dump before buying again
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April 30, 2020, 06:51:54 AM
 #14

We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.

It might be the best time. But for me, the best time to invest in altcoins is few weeks ago. If you had invested in some potential alts weeks ago, ou should be in profits by now. However, if may not be a bad time to invest now because btc is still in bull. Until its halving. Let's just be hopeful.

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April 30, 2020, 07:00:25 AM
 #15

At this point of time we should not be tempted and rush to buy coins I agree the value is pumping but now it's very risky, also I can see a lot of altcoins are performing right now and we can't expect it will keep on going like this.

Many of those who Invested before a month ago are very lucky and hopefully they can earn some good profit.

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April 30, 2020, 07:05:31 AM
 #16

Today, the price of bitcoin is above $ 9200 and I think this is a good development ahead of Bitcoin Halving. This will make the price of altcoin increase and I think altcoin which is already in the top 50 is worth investing
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April 30, 2020, 07:09:50 AM
 #17

We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.

I don't think it's a good idea, or anyway it can be applied just for few altcoins (if ther are altcoins that are able to perform better then bitcoin .... ) since most of them have their value anchored to fiat money and not btc.

E.G look Stellar XLM https://coinmarketcap.com/it/currencies/stellar/
€0,066661 EUR (4,47%)
0,00000776 BTC (-11,63%)


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April 30, 2020, 07:21:07 AM
 #18

I will consider the global economic state that had affected the space for this long, people reaction also and days before the halving, to decide my position on purchase of altcoins, not a time to buy bitcoin . Some altcoin have tried to contain the bitcoin value even with the bitcoin pump and thats encouraging, people might still hold on to altcoin with the new trend of altcoin higher rally at bitcoin price stability. Post halving dump of bictoin make it difficult to predict altcoin reaction, since it is expected it can be contain.
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April 30, 2020, 07:21:45 AM
 #19

Situations never goes according to the expectations in crypto maybe this is right time to buy some good altcoins or maybe the right time has been over it's really mysterious currently market looks positive with decent correction so consider to buy some top ranked altcoins may be a profitable decision if the market goes with current momentum.
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April 30, 2020, 07:53:43 AM
 #20

This is clearly the uptrend time of the cryptocurrency market. BTC increased from $ 7700 to $ 9400. I think BTC will increase more than $ 10,000 in the coming days. And BTC will lead to the top altcoins, such as ETH, LTC, and BCH. I will invest a little in these altcoins. I hope to have a profit in the next few days.
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