Is it right time to buy Altcoin ?

[WaqasBlaze]

BTC made correction so , is it right time to buy altcoin

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[robattfield]

As many have mentioned about this, i think this is really the time for the whole market to re-price and if you have gone through the BTC bull run before then you will see it quite similar and it seems like is repeating. But the advice here is that if you have invested in it, you need to determine that your money can also lose or lose nothing.

[DevilSlayer]

It depends on what kind of altcoins that you will buy, if you will buy a shitcoins then I'm sorry to say that there is no right time to buy that kind of coin but if you will buy a established coin where it has now good reputation then for me it can be a factor to buy now but there are still factors that you should carefully analyze before you press the buy button. Not all of altcoins are good and it is the reason why we should carefully select the best of the best. In my criteria I first check the market capitalization, if the market cap is too low then I will avoid it but if the market cap is too high then for me it is good. The spread is also a matter because what I want in altcoins have only low spread indication good volume and liquidity.

[Cameron1Love]

BTC made correction so , is it right time to buy altcoin

For me its not good to buy, Because I watched the whole market since the lock down has implemented to our country. Its too expensive to buy altcoins its better to wait the market to calm again like bitcoin drops at 7k$ so the whole market goes back to normal again and that is the good time to buy altcoins.

[Salauddin1994]

Must have good experience about the market before investing the best way to invest in a currency is to look at the market conditions and choose the right currency it is very difficult to determine whether it is the right time to buy altcoin it cannot be said when a currency rises in the market. But bitcoin is currently performing better than other altcoin currencies in the market everyone is investing in bitcoin which is why the demand for other altcoins is much lower would be best to invest in currency by analyzing the market.

[Mpamaegbu]

BTC made correction so , is it right time to buy altcoin

Don't be one of those who love to chase price. That's a bad investment or trading strategy. It's good to always buy on the rumour of news than the actual news. If you haven't bought any altcoin of your choice till now, you're on the verge of missing out on them. Most altcoins are already appreciating in value and price and I hope those you're targeting aren't among them yet. Remember that bull run for Bitcoin always propels altcoins, especially after the mandatory correction has taken effect.

[onecall123]

BTC made correction so , is it right time to buy altcoin

It relies upon which altcoins you wanna to buy and how much FREE money you have at the time. But, before making any attempts do some research might be a good idea. I can’t help you if you won't express your feelings, investment on cryptocurrency taking lot of time to get good return so don't expect you gonna get rich by next month.

[fridrix21]

I would not rush to this, nothing is clear about bitcoin yet. Altcoins are worth buying when Bitcoin starts to rise again or when it drops to $ 15,000. I am currently sitting in USDT and watching the market.

[maximumcoin]

BTC made correction so , is it right time to buy altcoin

If you want to buy at right now, you can buy some Altcoins that haven't have a strong price increasing recent days such as IOTA, NEO,...and stay away from Ripple, XLM, ADA, or ETH because they increased almost of the cycle and be making adjustments before keeping increase

[WalkerIVIV]

BTC made correction so , is it right time to buy altcoin

Yes it is and why not? at least you must try to buy some coins even if that was not a lot of amounts and it's worth to bet on the crypto that can recover anytime.
More institutional investors were coming to the crypto market and that could be the main reason to bet more into the crypto. There will be massive adoption too.

[FrozenBit]

I completely agree with this point that we should buy altcoin, looking back at the market we had a long time waiting for the market to come back. And nowhere else the market has a very clear upward trend at this time and i also think it is difficult for the market to decline deeply.

[pedrillo0]

BTC made correction so , is it right time to buy altcoin

Yes, it only corrected to keep going up in price!
BITCOIN will go up all of 2021 yet!
His market record right now is at its highs like 2014 and 2017 with his Halving!
Every 3 years Bitcoin has a rise ...
Here is the analysis of an excellent trader:

[btc_angela]

BTC made correction so , is it right time to buy altcoin

"Buy when there is blood in the street".

And with that said, probably yes, but just purchase Altcoins that has good fundamentals, like coins in the top 10 so that once we have bounce back from this, I'm sure you can get at least a good profit and not invest on a coin that is just for pure pump-and-dump scheme.

Ethereum for one is making a significant gains as well, so is ADA and XRP (although both of them has some positive news around causing the price to spike recently). So make your own investigation and hurry up, we don't know, maybe in the next couple of days bitcoin will recover and goes to $19k again, bring some alts with it.

[Lorokan]

BTC made correction so , is it right time to buy altcoin

I have always thought that every time is the right time to buy altcoins; for me, there is no wrong time or a right time. because i suppose as investors; you do not just wake up and decide to buy this, or buy that or invest there. Investing in an altcoins means you hae done concrete researches about the token; understand how it reacts to market emotions and price reactions before investing in it.

But if you simply buy an altcoin because bitcoin price corrected; then you are on your own.

[zeingrind777]

It depends on what kind of altcoins that you will buy, if you will buy a shitcoins then I'm sorry to say that there is no right time to buy that kind of coin but if you will buy a established coin where it has now good reputation then for me it can be a factor to buy now but there are still factors that you should carefully analyze before you press the buy button. Not all of altcoins are good and it is the reason why we should carefully select the best of the best. In my criteria I first check the market capitalization, if the market cap is too low then I will avoid it but if the market cap is too high then for me it is good. The spread is also a matter because what I want in altcoins have only low spread indication good volume and liquidity.

I agree. to invest or buy altcoins, we should choose the one at the top of the market cap. Altcoins that are at the top of the market cap have large volume and liquidity. So it is very suitable to be stored until the arrival of the Alts season.

[Shallow]

Many people are comfortably in USDT now, waiting for the right moment to get in, but the issue is, when is the right time, this is what no one knows, although people can try to predict it. During times like this, many people asks this question and also during times like this, sometimes, you might go for altcoins only for it go down more. So my simple suggestion is, watch the market more, but before then take note of the altcoin or altcoins you want to buy, make sure the altcoin is a good one, such that even if the price drops more, when the market changes positively, it will grow with the market as well. So when you have taken note of the altcoin, then study the market, most especially Bitcoin movement, because it determines a lot.

[bluebit25]

Many people are comfortably in USDT now, waiting for the right moment to get in, but the issue is, when is the right time, this is what no one knows, although people can try to predict it. During times like this, many people asks this question and also during times like this, sometimes, you might go for altcoins only for it go down more. So my simple suggestion is, watch the market more, but before then take note of the altcoin or altcoins you want to buy, make sure the altcoin is a good one, such that even if the price drops more, when the market changes positively, it will grow with the market as well. So when you have taken note of the altcoin, then study the market, most especially Bitcoin movement, because it determines a lot.

I don't think like you, there have been many bullish forecasts for both altcoins as well as downs, and i think it's time to re-read the market for stronger bulls in the future. I have also decided to buy myself a small amount of altcoin to hold, and i hope what we expect of this market to happen soon.

[rat03gopoh]

I decided to switch my bitcoin to ripple after a recent correction. Now, my losses are almost covered before BTC even returns to the above $19k mark. This isn't trading advice, but y'all need to consider ripple as well as I only see the good potential. I think some people's predictions are correct, xrp will touch $1 when bitcoin has its new ATH later.

[yeamin.rsl]

Yes this is the right time to buy Altcoins. Altcoins will blow up very soon as soon as btc will stable . So if you have any plan to buy altcoins buy it now .This is the time where you pick your favorite alts and buy for the long term.

[meanwords]

We are at a critical moment right now because Bitcoins movement is somewhat unstable where you can noticed that yesterdays price was around $18,600. There's a possibility that Bitcoin would dump to $15,000 and it will hugely affect the price of altcoins. I'd say just test the waters for now and don't invest in an altcoin that is pretty new or doesn't have much reputation.

But if we maintain above $17,000+, then there's a big chance that Bitcoin would beat ATH this December.