Is it right time to Buy Alt coins now?

[cassavachips]

It's okay to buy the alt now if it's only for day trading, but if you buy the alt to welcome the alt season, I don't think it's time yet. Bitcoin is still very strong at the moment, we have to keep looking at the conditions in order to get into the right altcoin.

[Jamesdila1]

With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.

[josgandosbro]

Many of the traders are focusing more on Bitcoin right now I'm still not quite sure if its worth investing to altcoins right now I don't see any signs that the altcoins will follow the Bitcoins price and hype.

for now there is still no sign that altcoins will follow the bitcoin price because they are still making corrections but if bitcoin prices are more stable then in the next few days altcoins will also experience price increases.

[Zeehaxan]

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%.

Bitcoin is set for an insane run ahead after breaking 20k level with good momentum and volume so i think many alts will follow bitcoin in coming weeks so i would be buying more eth, trx, ada and waves whenever i can.

[Yamifoud]

Why not if we think it is a right and good investment.
I also ask this in myself before, the fear and doubts could affect our decision especially when we are listening to rumors and negative thoughts around. I blame myself for why I'd do that instead of listening to my instinct.

But to ask if this is the right time to buy altcoins, don't get mad to hear that this is not the right time for this. What is in my mind is that buying/investing cryptos in the bear season is the right time, not during the bullish season in which the possible dump will happen and can cause our loss.

[iamaruf]

So you want to hold for long time? Or want to trade? I think in both case Bitcoin is the right choice. Because market is not stable now. If you buy others altcoins, On my strategy there is high risk to loose good amount. But bitcoin is safer and it can recover quickly but others altcoins can't. Now you can choose what you will do.

[Distinctin]

So you want to hold for long time? Or want to trade? I think in both case Bitcoin is the right choice. Because market is not stable now. If you buy others altcoins, On my strategy there is high risk to loose good amount. But bitcoin is safer and it can recover quickly but others altcoins can't. Now you can choose what you will do.

For now, bitcoin is the best choice for investment as it already reaches its all time high. Lucky are those who take risk in holding bitcoins for a long time because right now, they can already make huge profits from it if they plan to sell some of their bitcoin. But it would be a good decision too if you spend some of your funds for altcoins for future profits. I strongly believe that next to this bullish season of bitcoin, altcoins market will also be influenced and is expected to make a price surge soon.

[btc-facebook]

But bitcoin is safer and it can recover quickly but others altcoins can't. Now you can choose what you will do.

Altcoins that you mentioned cannot recover quickly are a type of altcoin that do not have a large market cap, capitalization is the key to the price a coin can recover or not,
That's why there are so many suggestions to buy coins that are ranked at least in the top 50 in market cap.

[LogitechMouse]

Right now, most of the investors are focusing on Bitcoin although there are still some investors who are investing on Altcoins right now.

Now regarding to your question, it would be better if you bought altcoins when the market is making a small correction few days ago. Now most of the top coins are slowly increasing and if you will invest into short-term, I think it is late as of now. You need to wait for another correction again then enter the market.

It would be better if you will just focus on investing in Bitcoin or if you really want to invest into altcoins then just invest on ETH

[Ridwan Fauzi]

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%.

Minimize your risk and your comfort when you are investing, if you already know BTC dominance in this situation you have to choose bitcoin as the main place to store your money. You can divide your capital by 50% for investing in bitcoin and for the rest you can choose the altcoin that you think has a good movement. In this situation, there will be many people who will buy bitcoin and ignore some altcoin, I have seen a thread on trading discussion which discussed that currently buying altcoin is a high risk.

Yeah, I'll admit that is true because I see and I have felt before, I bought an altcoin but I got loss although bitcoin was increasing. As you can see now, in this bull run market just bitcoin that successful to reach its all time high, when the correction came bitcoin just met a little fall different altcoin which met a correction for more than 50% from their increasing price.

[arabianhorse]

Yes now is a good opportunity to invest altcoin. Bitcoin is already showing a good move. If Bitcoin holds the specified position at this price, then altcoin will show a good move. And looking at the news from four directions, it seems that Bitcoin will hold this position.

[Lantind]

Yes now is a good opportunity to invest altcoin. Bitcoin is already showing a good move. If Bitcoin holds the specified position at this price, then altcoin will show a good move. And looking at the news from four directions, it seems that Bitcoin will hold this position.

Yes, it is very clear that Bitcoin is in a very good position, so it would be great if we invested in some of the popular Altcoins so that we could make a good profit on this excellent opportunity.

[devollito]

Its always right to buy alt coin which already proofen. You better buy it every month not one time with big volume for investment. For example : you want to buy eth and xrp. You need to but it little by little to avoid dump. This strategies called Cost dollar averaging.

[Dr.Osh]

Currently, bitcoin price has broken through its ATH, so I think in the near future, altcoin prices will be pumping high. however, I'm currently going to focus more on finding additional altcoins so I don't miss that train. well, for me this is the perfect time for that.

[onecall123]

Its always right to buy alt coin which already proofen. You better buy it every month not one time with big volume for investment. For example : you want to buy eth and xrp. You need to but it little by little to avoid dump. This strategies called Cost dollar averaging.

It's guaranteed, 100% ETH and top altcoins Holders will eventually in profit. The fundamentally situation are different than 2017, major institutions are literally investing hundreds of millions of dollars on cryptocurrencies. Let's see guys, cause I see the next Alt coin season is gonna be epic.

[raidarksword]

With massive price pull ups on bitcoin today and altcoins remains as is to their current price, I think this is not the year of Altcoins and people only focused on bitcoin that shattered new all time high since 2017. If you buying altcoins now, just think of it as a long-term goal and eventually it will be a good investment in the future.

[so98nn]

Why is it everyone gets hyped when the prices are hiking a lot?
When whole crypto market is sleeping as dead as stone then no one enters into crypto at all. Lolz. But when market starts moving upwards and when it's too late to enter in then everybody ask whether is it right time to buy or not.

It's not, virtually its worst time to enter because market has already reached at peak level where we might just start bell curve and market will start moving downwards. Think wisely before you invest today or until market does not get stabilised.

[WalkerIVIV]

With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.

It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.

[Sayeds56]

With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.

It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.

Very well said. Late is better than never, I would like to ride this rally and make profit in BTC or alt coins because current scenario is totally different from 2017 scenario which was totally speculative. Now there is Huge institutional support and adaption of crypto currencies.  No one can correctly predict that where this BTC rally will end up because we have no historical data to predict Resistance or Support levels as  it has already broken its ATH record.. I may be wrong buy my understanding of Technical analysis is that it is never a perfect Science, it is the Science is probability which is totally based on Historical data. What happened yesterday same thing will happen tomorrow because unfortunately Human behaviour never changes. It is better to ride this Rally and enjoy profits.

[Handsome Boy]

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%.

you are right, because for now only the price of Bitcoin has increased very high and the price of altcoin is only increasing slowly (it has not risen very high like the price of Bitcoin), so it is true that now is the right time to invest in altcoin (my advice is the top 100 on coinmarketcap), because I believe altcoin price will definitely increase very high soon, so now is the right time to buy altcoin and hold, because if not then you will regret it when the price of altcoin increase very high (bull run).