ttcsalam
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May 03, 2020, 05:29:12 AM |
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I think so myself.And I've invested a lot in Alter Coins. With the way Bitcoin is starting to pump, the price of Alter Coin is also rising.So now some investment can be made.But keep in mind that you have to invest lazy money in alter coins. And you have to understand money management and invest.
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shaheer001
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May 03, 2020, 05:42:24 AM |
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I agree with you as everyone knows Bitcoin is the king of altcoins and as Bitcoin value increases all other good coins in good rank exchanges also increase. So it is time to invest spare fiat money in top good coins.
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Fatimahcrypto
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May 03, 2020, 07:19:25 AM |
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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
Bitcoin halving has to do with the number of new bitcoin released per hour. As it is widely known, the total number of Bitcoin created is 21 million, meaning that, at best, we can only have 21 million bitcoin in circulation. The halving event was incorporated to checkmate inflation and ensure that the value of Bitcoin is always on the increase.
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pikkie
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May 03, 2020, 08:55:55 AM |
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I agree with you as everyone knows Bitcoin is the king of altcoins and as Bitcoin value increases all other good coins in good rank exchanges also increase. So it is time to invest spare fiat money in top good coins.
I think there is still time to wait until the price drops again because I see the price of bitcoin is still difficult to go back up even though approaching halving it will not make it easy to raise the price of bitcoin, because if you enter at the current price then it will make you stuck because bitcoin prices can collapse instantly and return to prices before rising like this.
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Distinctin
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May 03, 2020, 09:29:11 AM |
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I agree with you as everyone knows Bitcoin is the king of altcoins and as Bitcoin value increases all other good coins in good rank exchanges also increase. So it is time to invest spare fiat money in top good coins.
I think there is still time to wait until the price drops again because I see the price of bitcoin is still difficult to go back up even though approaching halving it will not make it easy to raise the price of bitcoin, because if you enter at the current price then it will make you stuck because bitcoin prices can collapse instantly and return to prices before rising like this. Some people get hopeless seeing the market still the same as yesterday or even last week. Yes, we have to understand that we are maybe at curse as the pandemic hits us. This making the way to become harder as we taught before and even halving couldn't make through it. The Bullrun might just a dream for now, not really the market meant that this halving. Maybe if that pandemic will stop, the quickest the market to recover.
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YOSHIE
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May 03, 2020, 09:53:27 AM |
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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.
maybe you have a point, to invest the money you have in Altcoin that has good value, it makes sense, now is the right time to move forward. This phenomenon only occurs 4 years once in this case, if you miss this phenomenon, surely you have to wait for the next 4 years in this case, I hope for 2020 this will be better for bitcoin and other crypto.
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Chukwunonso
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May 03, 2020, 11:52:52 AM |
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I once read that the value of Bitcoin is inversely related to the value of altcoin. This means that when the value of Bitcoin increases, that of altcoin decreases. I really don't believe this as the market is inherently volatile and anything should be expected. I would personally prefer to get more Bitcoin now than settle for altcoin when I know that the bitcoin would experience a substantial increase soonest
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Vishnu.Reang
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May 03, 2020, 12:28:11 PM |
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There are more than 10,000 different coins and tokens in existence right now and you can't really generalize all of them. Among these huge number of cryptocurrencies, there are very promising ones and those which can be considered as "shitcoins". You need to take a decision regarding investment on a case to case basis. It is not possible to have a single policy regarding all the alts.
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Divinespark
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May 03, 2020, 12:32:19 PM |
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I once read that the value of Bitcoin is inversely related to the value of altcoin. This means that when the value of Bitcoin increases, that of altcoin decreases. I really don't believe this as the market is inherently volatile and anything should be expected. I would personally prefer to get more Bitcoin now than settle for altcoin when I know that the bitcoin would experience a substantial increase soonest
You should believe that. When the price of bitcoin rises, all investors will panic sell altcoins to move to Bitcoin. So altcoin prices always decrease in altcoin / BTC trading pairs.
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Olaphash
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May 03, 2020, 05:05:47 PM |
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With the current situation, we don't know what will happen. I'd advise buying into IEOs because tend to give good returns. I'm not saying BTC or other altcoins won't, but IEO gives good returns.
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Perfect35
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May 03, 2020, 05:16:31 PM |
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With the current situation, we don't know what will happen. I'd advise buying into IEOs because tend to give good returns. I'm not saying BTC or other altcoins won't, but IEO gives good returns.
So many people will be deceived into FOMO during this bitcoin halving if care is not taken. Although there might be a price increase as there is correction presently, it will get to a point that whales or those with ore funds who sometimes determine the price in the market, might dump what they bought at a lower price. There is nothing wrong in going for BTC, but investors and traders must be calculative. The same is applicable to the IEO you recommended. Not all IEO can be trusted.
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Olaphash
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May 03, 2020, 05:47:50 PM |
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With the current situation, we don't know what will happen. I'd advise buying into IEOs because tend to give good returns. I'm not saying BTC or other altcoins won't, but IEO gives good returns.
The same is applicable to the IEO you recommended. Not all IEO can be trusted. True that, but take a look at some of the recent IEOs on Binance, they gave high returns to those that bought the IEO, 2x at least. Only a greedy person "that bought the IEO" would be expecting 10x or maybe 100x. I'm ok with any return as long as it's a profit.
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FlamingFingers
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May 03, 2020, 05:54:33 PM |
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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.
On a good day bitcoin should do well after halving, and according to previous chart after halving, but there are some conspiracy theories flying on twitter, that things might change, I will suggest that one should chill a little bit before taking position so as not to be underwater
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lunnatic
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May 03, 2020, 06:13:36 PM |
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indeed this time is the most appropriate time in my opinion, the price of Altcoin is very below, some people also call altcoin season will arrive soon, maybe after halving is finished
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Shallow
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May 03, 2020, 06:23:25 PM |
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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.
Although the crypto space is hard to predict but in this case and with what's expected soon I think there is a good reason to hold some altcoins, mostly major altcoins which have proven to be good and serious because no one will blindly follow most new coins when it is obvious many of them won't be part of the growth that comes with halving. Nevertheless don't be too caught up with it that you tend to forget when to exit as there is every possiblity that whales will take advantage of every opportunity they are faced with.
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forexandcryptoauditor
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May 03, 2020, 07:11:46 PM |
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I think yes. This is one of the opportunities I see to accumulate more. Bitcoin halving rewards event will surely take market towards higher position. However, we should be careful watching current pandemic situation as it may impact to market to other side.
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danggoron
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May 03, 2020, 07:44:17 PM |
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Bitcoin halving is one of the fundamental factors which has a strong influence on market movements. To achieve ATH, it usually takes months, based on historical data from the previous halving period. Travel is still a long way away, so it doesn't matter to start filling bags with bitcoin or other potential altcoins. Remember, dwyor. Many things are unexpected, market changes can be very extreme. if you do not have a strong analytical base and a strong stance it will be easily swayed. Follow the market trend does not matter if the establishment is not strong, but do not miss the buyback moment.
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shadowduck
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May 03, 2020, 08:17:35 PM |
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indeed this time is the most appropriate time in my opinion, the price of Altcoin is very below, some people also call altcoin season will arrive soon, maybe after halving is finished
the time to buy altcoins is good, but I doubt very much that we will see the altcoin season after halving. The fact is that we will not see any strong growth until the events in the world will not become calm
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Em00n01
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May 03, 2020, 08:17:54 PM |
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In my opinion No, BTC halving is near. So we can expect some pump in BTC. As usual, if BTC pump all Alt dump! (BTC pair) So i think this is not the right time. Wait and watch the market before taking your decision.
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hahay
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May 03, 2020, 08:33:47 PM |
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Wonder, why some of us will only be ready to buy when there is a pump going on, doesn't that mean they become FOMO and certainly tend to be more dangerous to themselves, because when you buy when a pump occurs but in reality it is only a temporary increase, then the next movement certainly is a correction and it will be very worrying, buying when a pump occurs will be good when there is a bull run and prices continue to increase every day, for both reasons then we should realize the right time to buy and not about buying when prices are pumped up.
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