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Author Topic: Is it right time to Buy Alt coins now?  (Read 4017 times)
Sayeds56 (OP)
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January 03, 2021, 05:06:02 PM
 #161

For me it is never too late to buy bitcoin, depending on the vision and mission we want, for short trade or long term. In the short term it is never too late because we can make profits from the altcoins we buy quickly. for example, in the last two days I have gotten quite a lot of profit from DOGE and TFUEL, ZIL, because their pump is quite fast, until now Doge is still a pump and I can take advantage of the difference.
But for long-term investment, it is still possible because BTC is still at 34K with predictions this year will be more than 50K. In essence, it's better to buy than sorry to see crypto price increases without us owning the assets.

Well said. BTC is the King of crypto empire without any doubt and we should maintain at least 80% of Portfolio in BTC. Rest 20% ,we can invest in Top10 Alt coins except XRP which is facing legal action by SEC. It is certainly in troubled waters now. I am expecting a Huge rally in Alt coins once BTC Price stabilizes and its Dominance Index comes down.
My favourite picks are LTC and Polkadot.









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January 05, 2021, 01:19:39 AM
 #162



Well said. BTC is the King of crypto empire without any doubt and we should maintain at least 80% of Portfolio in BTC. Rest 20% ,we can invest in Top10 Alt coins except XRP which is facing legal action by SEC. It is certainly in troubled waters now. I am expecting a Huge rally in Alt coins once BTC Price stabilizes and its Dominance Index comes down.
My favourite picks are LTC and Polkadot.

Do we see any other coins having similar problems to $XRP, I've taken this out of my portfolio and think for the most part the rest should be okay.
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January 05, 2021, 02:21:10 AM
 #163

It wouldn't be the first, second, or even third time this kind of cycle has taken place. Alts usually follow bitcoin, but has bitcoin finished growing yet?
also, it's only a trend. My strategy has always been, invest in things you belive in.

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January 05, 2021, 05:07:13 AM
 #164

As long as you pick the right altcoin that will help you gain profit in the long-term, like bitcoin, it will be the right time for you to buy altcoins today. But if you will only purchase an altcoin that is not promising enough and will not help you gain profit, it will be better to look on the coinmarketcap website to know the top altcoins in the market.

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January 05, 2021, 10:49:54 AM
 #165

Many people lost many chances only by thinking its the right time to invest or not. ALTs market heavily influenced by the BTC market so if the BTC market doing good then ALTs will do well too. There are many ALTs that's growth was even better than BTC like YFI. For ALTs investing slowly and regularly could lower your average buy if you really want to hold for the long term.
Well, it is better to find information about a coin that is developing than to ask someone else if this is the right time or not, because nobody knows about it. Well, I have a principle of buying assets when I really need to. however, currently the price looks high. I will probably wait for the price to decrease until I make a buying decision.

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Sayeds56 (OP)
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January 06, 2021, 05:10:07 AM
 #166

For now it is the right time to invest in some altcoins that have potential and this is what we have to do if we want to make a profit this year and now we can see that some altcoins have started to increase in price such as Ethreum, DOGE and several other top altcoins, in this case we also have to be careful in choosing which altcoins we invest in.

Well said. It is right time to take entry into Alts now as BTC Dominance Index is dropping down and good buying momentum is visible in Alts Market. We should be good cherry picking when it comes to buying Alts because all alts will not Rally only those who have good project backed by Professional Teams. Ethereum is also good because it has not yet broken ATH record of 2017 which was $1400. LTC, Polka dot and ADA are good buys as well. In short Top 10 of CMC( Coinmarketcap) are good buys at current rates.









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January 06, 2021, 12:02:55 PM
 #167

I will HODL 3 altcoins who have a great team and a solid growth potential based on real use cases:

1: NPXS: Wants to make crypto available for everybody looks like a coin that could go to the moon. They already have pay terminals all over the world and I think that this could become a TOP 100 coin.
2: MDT: Wants users to get paid when there data is used. In current times data is the most valuable asset so this has a lot of potential
3: XEM: Is already well known but I believe in the project.

All those are available on Binance.
Please make sure to always read up about what you invest in. Make sure there is a team behind the token and make sure you believe in the project.
Not everybody will make a lot of money buying and selling altcoins. In fact most people will lose unless greed get's grip of the market again. do note that than the value is a bubble for most of the altcoins (outside of the top 100) with a few exceptions.

Picking those exceptions is onmly possible when you know the project and are a bit lucky.
Why don't we share our pickings more often?

Good luck trading
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January 06, 2021, 12:09:31 PM
 #168

Right time to buy always was yesterday. No one knows that the best time for purchase. However, eth still have good chances to break ath, for example
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January 06, 2021, 12:32:25 PM
 #169

Well, yes, if you are a long hodler and want to get the most of your alts then by all means. Traders always get a field day when trading with alts and bitcoin. So definitely it is great to buy alts, all the time as a trader. Just make sure you have made your decision with which alt you are going to trade or invest with. In my opinion there is no good time or bad time to invest in alts as long as you support the alts and you trust the alts so much that you are confident that this will be developed more.

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January 06, 2021, 12:39:38 PM
 #170

Well, yes, if you are a long hodler and want to get the most of your alts then by all means. Traders always get a field day when trading with alts and bitcoin. So definitely it is great to buy alts, all the time as a trader. Just make sure you have made your decision with which alt you are going to trade or invest with. In my opinion there is no good time or bad time to invest in alts as long as you support the alts and you trust the alts so much that you are confident that this will be developed more.
Yet to be good to start at the bearish season. It was a mistake why just people had come into crypto investment during the bullish season. This is could be some reason why people suffered big losses for they buy hypes coins and fall into their trap.

It was a complaint that new investors asking why and why they lose. Of course, they will and they don't even bother to make a search and study the market behavior before investing.

R


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January 06, 2021, 02:05:45 PM
 #171

Make sure you buy your altcoins before they shoot up in price, don't miss the pump.
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January 06, 2021, 02:22:37 PM
 #172

Different coins fall a long ways behind in its coherence. In spite of the fact that the cost of alt-coins has ascended against the dollar, Bitcoin has not. From this source it very well may be said that the times of alt-coins are later on. Ideally that would likewise raised altcoins fame this time and take off highs in coming days.

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January 06, 2021, 03:16:42 PM
 #173

Cheap Ziggurats   https://ecex.exchange/user_dashboard.php


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khimer_rangers
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January 06, 2021, 03:51:11 PM
 #174

not all altcoins have the potential to go up so we need to research further, but for the already popular altcoins this might be a good opportunity to fill the wallet and i started collecting eth and bnb.

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January 06, 2021, 07:24:14 PM
 #175

not all altcoins have the potential to go up so we need to research further, but for the already popular altcoins this might be a good opportunity to fill the wallet and i started collecting eth and bnb.

That's right, analysis and information are needed before choosing the right altcoin. I learned a lot about mistakes and failures. But the best looking to buy altcoins at cheap prices are DOGE and TRX. Both coins have a large market, large supporters and investors. If I bought ETH and BNB my money wouldn't be enough to buy in the hundreds, but they are also very good because they have a big influence on the development of cryptocurrencies.
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January 06, 2021, 09:48:42 PM
 #176



The BTC has made history today  and broke its all time high record. It is currently trading around $ 20500 to 20600. BTC Dominance Index is around 65% which is very High. I personally think that it is the Right time to take entry in Good Alt coins ( Ranking from 2 to 20 on coinmarketcap). I believe that History of 2017 will be repeated soon. We will soon witness Huge rally in Alts. It should happen when BTC will stabilize around current levels and BTC dominance Index comes down to below 60%.

Nowadays it is a good time to buy altcoins, but it is better to choose the good ones. It may be perspective and interesting to search for new startups that can come to the market and make the boom there. I have not participated, I saw it very late, but there was not so long ago such project the Graph - from the first day he got the good strong position in the top 100 on the coinmarketcap, lots of people who were lucky to participate in it got good results. It is like the one of the examples. There are interesting new projects nowadays.
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January 06, 2021, 10:03:35 PM
 #177

I highly recommend buying altcoins right now, because watching the top altcoins all move up. This could be a sign that the alt season is
coming soon. I myself have bought several altcoins, such as ETH, LTC, XLM, DOGE, TRX, LINK and BNB. I am optimistic that all the altcoins
I buy will hit the ATH price this year. Hopefully my prediction is correct and I can make a big profit from investing in altcoins.

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January 06, 2021, 10:06:53 PM
 #178

The dollar cost averaging might be the safest strategy... 

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January 07, 2021, 06:04:19 AM
 #179

I myself have bought several altcoins, such as ETH, LTC, XLM, DOGE, TRX, LINK and BNB. I am optimistic that all the altcoins
I buy will hit the ATH price this year. Hopefully my prediction is correct and I can make a big profit from investing in altcoins.

All altcoins will get a new ATH, especially those that have a large market capitalization and are ranked in the CMC, although now there are many altcoins that are already very expensive like ethereum and litcoin, but I don't think it is a problem to buy now, because when the bull market peak arrives the price will be more expensive than today.

The Bull Run in Alts market is already in. Top 20 Alt coins on CMC have already made huge gains ranging from 25 to 120%. It is good opportunity to trade and book good profit. Lite coin is also my favourite coin and it is expected to break ATH record within few weeks.









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January 07, 2021, 12:25:07 PM
 #180

I woke up this morning and was glad to see it had stalled s tiny bit, the rate at which they were booming was almost reminiscent of 17/18. I think altcoins will change the world in all more than BTC will, though btc was clearly the catalyst.

I think getting in now is a pretty solid plan. So many coins still in their infancy definitely have huge potential for gains.

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