Is it right time to buy Altcoin ?

[trauchot]

I do not think that now is the time to invest in altcoins, because the correction of the entire cryptocurrency market was very small and there will probably still be a serious correction in the near future, so I advise you to wait a little longer and after the next correction you can start investing in altcoins.

[Maxre]

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.

I agree with you, if you want to take advantage of the current market situation we have to be smart in choosing what is feasible and what is not, because basically we don't really know the basis of the correction of each altcoin.

[Ridwan Fauzi]

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

Depend on altcoin that you choose, indeed almost altcoin price will move depend on bitcoin price movement but there are some altcoin which have its own movement. As an example sushi coin, yesterday when bitcoin price decrease but not with sushi. This coin was increasing for almost 27% and until now it still increase.

The bull run market have made almost altcoin increase for more than 100%, look XRP and XLM price movement before the bull run came. So, I don't think this is a good time to buy altcoin especially if you choose for long term investment, but if you choose for short term investment or for trading purpose it's never too late to start you still have a high chance to gain profit.

[Twinkledoe]

I do not think that now is the time to invest in altcoins, because the correction of the entire cryptocurrency market was very small and there will probably still be a serious correction in the near future, so I advise you to wait a little longer and after the next correction you can start investing in altcoins.

In my opinion, there is no right or wrong time to invest in altcoin. As it depends on the altcoin that you want to invest with and as long as you are practicing the simple rule of trading - buy low, sell high. You are good as a trader. You can even get profits the day you bought your alt, if you will see that the price goes up, you can sell it. But it depends on your goal here, intermittent trading will also give you good profits.

[DabsPoorVersion]

Btc is not the only one who have correction in price,

Most altcoins did, as you can see, the price of every crypto in the market is lower than the previous days. Right now, there is no one who can say if the market will continue to go down or it will recover in the next following days. Right now, I think it is good to wait for the next movement of the market before you buy altcoins.

[Octular]

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.

[n0ne]

It is good time to buy altcoins, along with the price correction of bitcoin altcoins were also experiencing drop in the market price. We don't know how the market is going to change in the upcoming weeks. Upon the hope we can make positive price prediction and go for a buying. If we get to see growth, surely we can profit in a short time period and if there is no growth one needs patience to hold until reaching a bigger price.

[target]

Price could dip a bit more but in general, this whole dip is like giving a chance for the nonholders of BTC and altcoins nonholder to just buy some of the cryptocurrency for long term hold because the bullrun and altcoin season will take months of gains. This is a good chance for you to recover the loss made since the bear market started.

There is no certain time when it will bounce back, it could either rise up again after dipping the $15k or will just go right up any movement now.

[Renampun]

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

buy or not is your own decision, I say now is the best time to buy...
market corrections do not always occur, currently almost all cryptocurrencies are 'red' because the price of Bitcoin is down. buy it now if you have more money.

[diazepam666]

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

If you are beginner in crypto industry, you must plan the trading strategy because of market is always unstable so we expect anytime rapid hype and sudden drop on crypto trading. This is the right time for day trading so you can plan for short term or mid term trading you must analyse the long term growth of the altcoin and plan to invest in upcoming days. This ATH was temporarily dropped so if you active in 24/7 you will find the better altcoin.

[kapalmabur]

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

Bitcoin underwent a big correction, now it is under $ 17k, and yesterday was at $ 16k,
of course if the strong support at $ 16k is broken, it will be bad for everyone,
just accumulate altcoins and hold.

[Warkop]

It is true that BTC is currently correcting, and this is a really good moment to look at and buy Altcoins, but remember to never buy a bad Altcoin on an exchange, so if you are not good at judging how Altcoins are progressing don't ever buy them, because things like this which is very risky for you in the future. It's better to ask someone around you who is more familiar with the world of Altcoin trading, that way you can find out which Altcoin you should buy there.

[GrayFullbuster]

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

If you are beginner in crypto industry, you must plan the trading strategy because of market is always unstable so we expect anytime rapid hype and sudden drop on crypto trading. This is the right time for day trading so you can plan for short term or mid term trading you must analyse the long term growth of the altcoin and plan to invest in upcoming days. This ATH was temporarily dropped so if you active in 24/7 you will find the better altcoin.

Trading strategy is important, you cannot just buy without knowing the strategy on how you will enter and when to enter. The right time to buy altcoins is when you have right planning wherein you understand and can cough up different scenarios. Buying altcoins are good as long as you have right planning.

[kevinzxz]

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

That's right, yesterday and today the price of Bitcoin is going down and this makes Altcoin price go down too, so this is a good opportunity to invest in Altcoin and get big profits, because I'm sure that soon the price of cryptocurrency (Bitcoin and Altcoin) will start to increase again and maybe at that time there will also be a bull run, so don't neglect the current opportunities to buy Bitcoin or Altcoin to make a profits.

[maartenhaha]

Market volatility cannot predict when the time is right on target to invest, the market movement only recovers 1% and it is good for short term investment to get profit. We are still waiting for the correction low to decide to buy back the coin.

[Kahoy01]

It is true that BTC is currently correcting, and this is a really good moment to look at and buy Altcoins, but remember to never buy a bad Altcoin on an exchange, so if you are not good at judging how Altcoins are progressing don't ever buy them, because things like this which is very risky for you in the future. It's better to ask someone around you who is more familiar with the world of Altcoin trading, that way you can find out which Altcoin you should buy there.

Buying at dips are actually good strategy because the general market movement is currently retracing. I'm looking forward to see a perfect opportunity for me to entry with perfect execution. Buying good altcoins are really as long as it have a high volume and good liquidity. There is a risks but you can manage if you will invest un your knowledge.

[nrvasquez]

Quite surprising, but I think the drastic drop in prices yesterday is still in the "normal" range. I think Bitcoin will drop one more time, maybe up to $14k? I'm not really sure. after that it may go up again and the bullish trend will be stronger. Ofcourse the option to buy altcoins during the dip is great, but one should look at the situation

[Helpme_please]

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.

becarefull with your statement dude, we know most of cryptocurrency price now drop sharply and maybe still continue in next few days. "right time " was not correct word to describe good time and didnt explain to us in which price we should enter to market. i am prefer to said wait till its hit bottom in this bullish trend.

[traderethereum]

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

That will be up to you because we have different analysis, which will happen to the other people.
But for me, I think it is the right time to buy the top 10 altcoin list and hold it for a while.
If you want to buy the altcoin, you need to analyze to find which coin will be potential for you. Your potential altcoin will not be the same as other people, so you need to find it yourself.
Maybe it is not easy to find one or more altcoins, but I think that will be worth it for you as we know that the altcoin season will come soon.
While the bitcoin price is still at the correction, you can find the potential coin by analyzing every coin you think will increase later.
But you need to be careful and don't follow other people's suggestions to find the coin before you analyze the coin.

[arufox]

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

If Bitcoin made a correction so altcoin will follow it, and YES the right time to buy, but you don't know when exactly the right time, right? So if you think that the coin already dump and you though will pump for several days, so don't miss to buy it, because some people try to buy dip but the coin cant reach their target