Is it right time to Buy Alt coins now?

[kindbtc]

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%.

Even now mostly the big coins have moved and many alts are yet to even reach their previous all time highs, by now only btc, eth, bnb, dot etc have been able to break previous highs and grown nicely by now but there are dozens of others that are yet to reach there so definitely big buying opportunity is still there because all of those coins will also follow the btc or eth in price gain.

[Asuspawer09]

I think right now is a good time or the best time to buy altcoin since it's altcoin season.

No matter what time when it comes to bitcoin it doesn't matter for me its always a good time to buy bitcoin because there is always room for progress and I'm thinking it could easily go up to a million dollars.

Mostly in the altcoin season, a lot of altcoins could go 100x up to 1000x or even higher with a good exit strategy when the market circulates it's always worth investing in today plus there are so many potential altcoins today.

[sgenuine]

the time is right of course when the price of coins is cheap, but the problem is what coins do you want to invest in? if the top coin is say BTC or ETH, it is always open to anyone who wants to buy it whether it is cheap or when the price is high like now, and for a return on investment then I believe that these two cryptoqurrencies can be profitable in the short and long term.

investing money in altcoins at this time will certainly be very profitable, but we still have to be careful and careful in choosing which altcoins we should buy, currently the price of eth and btc has risen quite high and is prone to price corrections so it's better for us to choose several altcoins small businesses such as ADA, SFP, and other altcoin projects that have the potential for future price increases. My advice is not to buy when the price is rising because we don't know when the downward correction will occur, we better wait and buy when the price decreases.

The season has already started in full, and it's time to start making a choice. It is possible that some cheap coins will bring good X's. And by the end of the year, it will be possible to assess the situation for large projects.

It would be nice if not only new projects showed growth, but also old coins reached at least their previous record indicators. In general, the market situation is favorable, I hope that we will all see new records.

[Anmol007]

no this is not the right time to buy ALTCOIN. In FOMO you don't invest in ALTCOIN.
FOMO (fear of missing out)
and now the market is up and down right now so thats why you don't invest in ALTCOIN. because you will loss. and personally i dont invest in this time

[Pithaxz]

I personally have learned a lot in 2018-2020 and I also have high confidence and am ready to take risks in investing in this industry. believe it or not it is please, but i've pocketed a lot of ETH in those years. and DYOR luck came to me and I am happy to see the current market, but I think it is not only me, there are still many investors out there making big profits this year.
Regarding the OP question, if you dare to take risks and are ready for your every decision, then it is still not too late to enter even though the market is going up.

[kak uli]

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%.

In the past few weeks the price of bitcoin has dominated in all markets, the price of bitcoin has reached its maximum price and even prices that have never existed before. it seems now that it is over. now is the time to invest in altcoins, now is the right time to invest in all good altcoins.

[whyrqa]

In any case, altcoin prices should follow Bitcoin. Perhaps this will happen the end this year. But in the current period, some altcoins are starting to revive and the price is showing a green light. Personally, I have no desire to buy other altcoins for Ethereum or Bitcoin, because the first two leaders, in my opinion, have not yet reached those peaks in order to use them to buy other cryptocurrencies.

[Saisher]

In any case, altcoin prices should follow Bitcoin. Perhaps this will happen the end this year. But in the current period, some altcoins are starting to revive and the price is showing a green light. Personally, I have no desire to buy other altcoins for Ethereum or Bitcoin, because the first two leaders, in my opinion, have not yet reached those peaks in order to use them to buy other cryptocurrencies.

I'm on it too, a good portfolio is always consist of the top 3 coins in the market, it's OK to add more altcoins just be sue that you know the potential of the coin you are investing, there are so many of them you will get loss, you can ask for recommendation but don't follow it blindly your entry point is what matters.

[BITCOIN4X]

Trust that no financial advice will ever make you better off unless it's a decision you make yourself after doing the analysis. One might find it very easy to say that coin A, coin B, or coin C are altcoin that will give you a lot of profit. But you should know that not all of these people own the mentioned altcoin. The current coin rating will probably help you choose a potential altcoin, but if you want to know when is the right time to enter then you have to wait for the bitcoin price to correct.

I'm on it too, a good portfolio is always consist of the top 3 coins in the market,

Most people will do the same.

[ene1980]

Right now I can say it's the best time to buy altcoins. Most altcoins had actually blown up already especially BNB. Tokens that are not very known to people had also shown signs of pumps.

All the coins have pumped to levels that is gives you a scare to invest in them as anything can happen. I usually invest in coins to gamble and now i cannot even do that as the price rallied a lot and now i am looking for coins with lower transaction charges and low valuation to gamble let alone invest to profit  . BNB was the last coin to rally and looking for new coins which might blow up in the coming weeks .

[Jordi129]

Those next to Bitcoin in popularity will experience some sort of upward trend maybe because of the FOMO thing that many does when Bitcoin in on the winning side. All you can do at the moment is stick to the same coins you. As what I can see now on Coinmarketcap, altcoin season is also getting in as they follow Bitcoin's price increase. I can say, it is not late to buy altcoin now, there are some altcoins that are profitable in which we can enter to gain profit, just make sure that it belongs to the top 100 from Coinmarketcap as most of the people are also just looking at these potential .

[olabiyijummy02]

Bitcoin is the main coin of most people in the world and only very learned investors realize the opportunity that altcoins present. this has made the price of bitcoin to go up , this could be a good second to invest in those coins, however in the event that not and a crash in the market at last comes you would prefer not to be invested in altcoins on the grounds that we realize they can crash super quick. Altcoins in my opinion are best for short to medium time investing/trading.

[bct-user]

I think the big altcoins season still doesn't happen. So, to buy top altcoins at the dips isn't a bad idea. However, we must ensure that we buy the altcoins at the right time. To ensure this, we can learn the chart or check the current update/current issues about the altcoins we want to buy. This is a very crucial thing to consider before buying.

[Pelana vreo]

There will be a lot of advice when you are looking for an opinion on when is the best time to buy or whether it is the right time.
I will say yes, today and never regret when the price of the coin is getting higher, market corrections and decreases in the price of coins always happen.
I missed a lot of opportunities when Bitcoin hit a price below $10k in 2019. Buy an altcoin for a long term investment and wait for the price to hit a new ATH then sell.

[Sayeds56]

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%.

From yesterday night, market getting dump again. Bitcoin already break down the $47300 support level. Now the whole market again red. If you can buy now, you entry will be profitable very soon. Waiting for a new ATH.

The BTC price is not stable and fluctuating  from 52K to 47K, that's why Alts are under pressure. Once BTC price stabilizes above  50K, we will see another Rally in Alts which is expected to be stronger than previous one. DOT, ADA and LTC are good buys at current rate.

https://www.fxempire.com/forecasts/article/readying-for-altcoin-season-will-small-cap-coins-rally-in-2021-692587

[Lantind]

The BTC price is not stable and fluctuating  from 52K to 47K, that's why Alts are under pressure. Once BTC price stabilizes above  50K, we will see another Rally in Alts which is expected to be stronger than previous one. DOT, ADA and LTC are good buys at current rate.

That's right, because DOT, ADA, and LTC are tokens that always have good potential and rally when BTC starts to stabilize at a price above $ 50K, and some other tokens I think will also experience the same thing as the three tokens, for example such as LINK , BNB and Ethereum.

[Lunafox]

The BTC price is not stable and fluctuating  from 52K to 47K, that's why Alts are under pressure. Once BTC price stabilizes above  50K, we will see another Rally in Alts which is expected to be stronger than previous one. DOT, ADA and LTC are good buys at current rate.

That's right, because DOT, ADA, and LTC are tokens that always have good potential and rally when BTC starts to stabilize at a price above $ 50K, and some other tokens I think will also experience the same thing as the three tokens, for example such as LINK , BNB and Ethereum.

It is very important that coin would be popular and be in demand that people would buy it. But also the coin must be useful for people. In such case the price of the coin will grow in future.
There are ecological projects.  Here is written how it is important to protect a nature and what have already been done https://moss.earth/blog/
Now many people start to understand that we live on one planet and I think that the demand in ecological projects will be big.

[hahay]

Yes, for now it would be better to buy only the top altcoins or the more popular ones, because with what happened during yesterday's bullrun we will only have a handful of altcoins to reach their new ATH. So yes, for now we would be better off making safe investments in popular and top altcoins, because only then at least our investment still has a chance of getting better returns over time.
Even though altcoins look fine these days but still, investors should take a good look at them before spending money because after all, security will grow if you are careful.

[matchi2011]

For corrections I will buy in increments. don't buy all in. Moreover, bitcoin movements are difficult to predict even though I myself have done the analysis myself, there are several factors such as sentiment that make us wrong in analyzing. and high volatility makes many hold their trade a little. At the current correction price, I better wait whether this consolidation is able to make bitcoin rise again or we will see a downtrend soon

Do more research before making any entry, it's hard to predict what the market will show up after some day. Not just for Bitcoin
alone but for most alts.

The best time to buy any assets is when you already do your research and you are fully convinced that your anticipate target
are really possible to happen, no one knows but it's worth to try.

[francois-cooper]

it depends what altcoins.
Ada : maybe not a good idea (too vertical).
A few others alts seems to have more potential (zec, eos, lisk)