so98nn
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November 27, 2020, 01:13:07 PM |
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Oh come on, where were you the last month? The whole market was like 20-50% down the current price for the altcoins. I have seen people get activated about the altcoins when they see market boom. Practically that is the wrong time to enter the market. You get into this river when it's flowing steadily and there are not much ups and downs. Specifically when bitcoin is sleeping and much lesser active than the current fluctuations. Thats the perfect sign not to miss the entry point. Just check the top 10-15 coins. If you closely look then most of them are 10% plus green. Rest came up, and now down again. I would be least interested to buy at this point unless bitcoin makes it home to last month's value. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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JeffBrad12
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November 27, 2020, 01:53:53 PM |
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I think it's hard to time the market perfect. I believe crypto long term will go up. I also think we are in the beginning of a bullrun, this was just some profit taking.
News are starting to spread in general media about crypto now, and with that comes FOMO.
The correction is a way for crypto to stabilize its price and prepare for the next news that will come to create FOMO. When people are still believing in the crypto and they will load more and more crypto. The sky was the limit and crypto can go even higher than before when there was big news to create FOMO. Some experts have also predicted about the next surprise for the crypto holders. There are so many newbies joining in this pump too.
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DU18
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November 27, 2020, 02:08:05 PM |
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currently, the price of bitcoin and several cryptocurrencies is experiencing a decline in price, and maybe some people will argue that now is the right time to buy and without thinking they will usually buy a number of altcoins but without realizing it they end up losing because it could be a correction in bitcoin / altcoin prices will continue to happen and can even reach its lowest price point, in my opinion, the right time to buy bitcoin or altcoin is when the potential price is moving up and selling it when the altcoin price starts and to be stop on the price wall.
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MandatoryOption
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November 27, 2020, 02:17:22 PM |
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I always find it pretty hard to decide when the best point is to buy in. If you wait too long and hope for a drop, you might miss the perfect entry point. If you fomo in, then it could be that others dump on you. I would suggest to split your investment over multiple days. So this way you can DCA your positions and you aren't that mad when the price drops right after you bought in.
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West0813
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November 27, 2020, 02:18:13 PM |
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Sometimes we always think that when the price goes down it is the right time to buy. But I think we should always look on the situation on the market so that it will not lead us to some bad decisions.
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malikg18
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November 27, 2020, 02:25:04 PM |
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I think it is not right time to buy Altcoin. Because Bitcoin is in dumping mood, if it continues Altcoins go down more, we buy altcoins in parts in every dip. in this way we can manage a good buying range of Altcoins and in every up take profit.
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reza7777
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November 27, 2020, 02:36:27 PM |
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it depends on the altcoins and the research you do because later when bitcoin is stable not all altcoins will experience a surge, so still be careful choosing altcoins even if you feel if this is the right time
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bounceback
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November 27, 2020, 02:38:30 PM |
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I am still holding with ethereum because last day I bought on higher price and now keep wait again until back above $600, maybe if I have much money I will buy back ethereum and bitcoin because right now is good time to get back much profit during bitcoin and altcoin still have lower price and become most worth opportunity how to get much profit when bitcoin get good news exactly on December become most waiting moment for many investor with bitcoin and altcoin price, you know how many investor always waiting at the end years to get moment selling bitcoin and altcoin on higher price.
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zaim7413
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November 27, 2020, 02:40:38 PM |
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BTC made correction so , is it right time to buy altcoin ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Yes, of course now is a good time to buy some good Altcoins in order to reap a lot of profits when the next pump comes in the market, so obviously now is a good opportunity to buy Altcoins.
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CyberKuro
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November 27, 2020, 02:56:07 PM |
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I have sold mine and prefer to wait until the bitcoin price stable and altcoins may follow. If you buy altcoins in the current market conditions, it could be that the price will continue to fall if the price of bitcoin drops deeper. We don't know yet, just give it the time 1-2 days to judge whether the market will be stable at this rate or the correction isn't over yet.
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kindbtc
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November 27, 2020, 02:56:47 PM |
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BTC made correction so , is it right time to buy altcoin ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Yes it seems good to buy the dip this time around as the chances of recovery and continuation of bull trend are high. Also we have a positive sentiment in the market after a long time and when this happens the market remains occupied by bulls so im sure it will turn out well this way.
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Em00n01
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November 27, 2020, 03:02:42 PM |
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Yes, BTC dominance is high this time. When it get stable people will move their money to Alt. I will suggest to pick some top alt. Also don't forget to buy some ETH ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . ETH 2.0 is going to launch in December 1.
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criket
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November 27, 2020, 03:08:50 PM |
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Yes, BTC dominance is high this time. When it get stable people will move their money to Alt. I will suggest to pick some top alt. Also don't forget to buy some ETH ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . ETH 2.0 is going to launch in December 1. the dominance of BTC is not as strong as it was at the beginning of last year. today when BTC is dominating the market we can still see how altcoins are also experiencing the impact of the BTC pump. I think altcoin adoption will increase despite a small correction in BTC. provided there is no sudden market crash shortly. because it could affect how the altcoin market will also collapse.
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rahmatullah9305
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November 27, 2020, 03:26:32 PM |
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It depends on the strategy of each investor. In my opinion, this is probably a good time before Bitcoin can rise again. Altcoins are at very good prices. Because Bitcoin can return whenever we can't know.
Yes, but not all Altcoins can follow the trend of Bitcoin, only the top Altcoins always follow the Bitcoin trend so that when the market is bullish again, the Altcoins will also be pumped to follow the movement of Bitcoin, so Altcoins like that are definitely good to buy at this time.
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wxxyrqa
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November 27, 2020, 03:48:37 PM |
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Anyway, today's price decline is perhaps one of the last chances when we can again buy profitable assets at a cheap price. at least we have already made sure that the cryptocurrency market is aimed at a long and rather high rise in prices. And Bitcoin will definitely go up and, as has always happened, if it does not lead the entire cryptocurrency market, then at least the bulk of altcoins.
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Debonaire217
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November 27, 2020, 04:21:37 PM |
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It is not this easy to just buy altcoin just because Bitcoin declines or falls into what they said "correction", sometimes, altcoins move the same way as Bitcoin, Bitcoin just leads the way that is why some people are also accumulating Bitcoin when they noticed that it is Bullish. There's somehow a hidden tie to why this happens but I think we should still depend on our buying decision not just for this, but for the Fundamental analysis of the crypto, as well as conducting a good technical analysis of the graph of it. Take for example XRP, there's a pending Fork that will happen in December, with that, it will provide a 1:1 ratio that will be the reason why many people will anticipate and hold XRP. Cryptocurrency somehow has its kind of independence towards each other.
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Majharul Saiif
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November 27, 2020, 05:23:32 PM |
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BTC made correction so , is it right time to buy altcoin ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Btc price increased in the last few days and it already made a correction too. Now the market is not still stable. Likely you want to buy altcoins and it depends that you need to mention which altcoins you want to buy. Because it is difficult to say without seeing trading view and without research it won't help you a lot. So mention your desired altcoins name then it can be said easily which will better in this time.
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Paycoinzzz
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November 27, 2020, 05:27:24 PM |
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BTC made correction so , is it right time to buy altcoin ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) yeah, for sure. Bitcoin corrected more than 12% in 2 days and the altcoins were in a sea of blood. But do not panic and Fud about Bitcoin, instead of Fud, you should buy more altcoins top and hold it. Especially with Ethereum, December will be a glorious month for it when Ethereum 2.0 launches. So the price will go up, my guess is about 700 $ at the end of the year.
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huiji2011
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November 27, 2020, 05:52:19 PM |
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Yes,but i suggest you to invest in the altcoin that haven't seen a big jump in the currency this month, in addition, selecting severa altcoins to buy, investment diversification is necessary, put all your eggs into one basket is unwise.
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mahilchii
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November 27, 2020, 06:04:15 PM |
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You may consider this as perfect timing to buy top altcoins as the price of altcoins has been through a correction period or else wait for some more time to witness if there would be further correction period or price dump which is unavoidable if whales cashout further.
If you are currently holding altcoins then don't sell it at low rates due to FUD as we might see repeat of 2017 in upcoming weeks.
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