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Author Topic: Is it right time to Buy Alt coins now?  (Read 4017 times)
Shallow
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December 17, 2020, 07:29:39 AM
 #41

Yes Bitcoin has made history and has changed a lot of mindsets as well, however looking at History of 2017, it is a different thing now because many attention seems to be on Bitcoin which comes mainly from institutional investors and it looks like a lot of people are yet to focus a lot on altcoins hence the reason many are yet to reach their ATH, although Ethereum is trying it's best. Therefore, in my own opinion I think it would be best to give the market more time to actually understand if the dominance of Bitcoin will keep increasing or will adjust a little. From another point of view, with the growth achieved by many altcoins now, one will also need to think wise before getting into any of them.

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Anonylz
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December 17, 2020, 07:39:41 AM
 #42

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.

I disagree, i don't know your definition of mooning because there are many alts which have not have a 2% increase as at now, although it depend on the alts he intend to invest on, to me this is the perfect time to buy some good alts and ride the market (i.e if there will be any major price pump in alts like the way btc is pumping right now), don't forget the alts season is yet to begin.

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December 17, 2020, 07:39:47 AM
 #43

bitcoin is hot right now. why should we buy altcoins. isn't bitcoin much more profitable. so for now it's better to buy btc than altcoins. indeed buying altcoins is not the wrong decision, but you should enjoy bitcoin bulls while they last. and when bitcoin stops rising, then buy altcoins to increase the profit you get.

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December 17, 2020, 07:58:40 AM
 #44

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.
yes I agree with you because in the past I was trapped when suddenly bitcoin and altcoins experienced a very large price drop and for that I am now a little patient to see the market

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December 17, 2020, 08:16:58 AM
 #45

With bitcoins now at above 22,000 USD I think it's time to go into the crypto market. At these high levels there will be more new investors attracted who want to get a piece of the cake. And these high levels are probably gonna flow down into other crypto coins, because as most of us here on the forum, once you start investing in cryptos you want to buy other coins too.
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December 17, 2020, 08:37:07 AM
 #46

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.

I disagree, i don't know your definition of mooning because there are many alts which have not have a 2% increase as at now, although it depend on the alts he intend to invest on, to me this is the perfect time to buy some good alts and ride the market (i.e if there will be any major price pump in alts like the way btc is pumping right now), don't forget the alts season is yet to begin.

You are absolutely right we should buy only Good those  Alts which  have potential to go 2 to 5X like, Ethereum, XRP, Polka Dot and XLM. To cut the long story short, Top 20 coins on coinmaketcap are safe for long term investment. My favourite coin is Pola Dot, I think it has potential to go more than 10X because it has all the features of Ethereum network, transaction speed and other features are even better  and its current price is very attractive for investment.









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December 17, 2020, 08:51:53 AM
 #47

Bitcoin is now over 22k, it might get too late to start buying altcoins very soon, in 2017 bitcoin only reached 20k for Ethereum to surge over 1k $ but now it seems that Bitcoin will grow over 25k, that's very possible, the best coin to buy now is altcoins and make sure it's top altcoins, it still looks like majority of altcoins won't surge in this bull season so know what you are doing

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December 17, 2020, 09:05:43 AM
 #48

There is possiblity of earning good profits like that of 2017 again, bitcoin is now very bullish and altcoins are still losing power, buy top altcoins like Polkadot, Chainlink, BNb etc and you won't regret, it's possible to earn 5x to 50x if altcoin season truly unleash it's sleeping dragons, hopefully by January 2021 things will be as good or even better than what we experienced in January 2018

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December 17, 2020, 09:19:00 AM
 #49



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%.

If you keep on asking for when is the right tune to buy alts, then it was ay back when they were just a few cents cost. You know if you are doubtful in making decisions whether you would make a mistake in making one, then you don't have it. There's too much risk of being a gambler, so we should be ready or else we would've just wasting our time thinking. When i feel like buying I buy but when someone's ask me to, then it is another question and needs further analysis whether to.
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December 17, 2020, 09:47:23 AM
 #50



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%.
If you bought yesterday then the profit already filling your wallets now because every currencies has their double digit increases as what i am staring at the market now.

The problem is if you keep this idea on your mind up to now,as the assurance of continues increase is nothing to do with this.

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December 17, 2020, 09:49:08 AM
 #51

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.
Well, I hope that this could be the start of altcoin season which we longer wait to come out from the dark. It is really good to anticipate the market movement and take the opportunity while it is still at a low price.

Yeah, I can't hide that I was really disappointed that even Bitcoin is reaching its new ATH but altcoins still remain at low.
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December 17, 2020, 10:52:00 AM
 #52

Yesterday, the movements of altcoins are not adhering to how bitcoin behaves, 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 altcoins especially those who missed riding Bitcoin and ETH during this ATH.
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December 17, 2020, 11:04:31 AM
 #53

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.

It is always like that and the same applies for the stock market.
Every time when the prices keep rising and rising, everybody gets interested as the media starts publishing articles about crypto. Even people with no knowledge are now again getting interested (same situation as in 2017). People always seek easy money and some believe they can have that right now with crypto.

I am not buying at this moment, just holding  Smiley.



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December 17, 2020, 11:33:23 AM
 #54

Mana Analysis https://bitcoinheat.com/2020/12/17/mana-coin-price-prediction-2020-mana-coin-analysis-mana-crypto-decentraland-chart-decentraland-mana-value/
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December 17, 2020, 11:50:37 AM
 #55



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%.

I'm not sure if the altcoins were in bull trend now but if it's now I think this is a good time to buy altcoins now but I'm still not sure since some of the coins are already in bull trend now maybe it's a good way to still jump on investment to altcoins.

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December 17, 2020, 12:09:29 PM
 #56

After you profit from bitcoin, you can allocate some amount of money to buy altcoin because I think you still have time to buy the altcoin.
But if you want to buy the top 25 coins list, I suggest you wait for a while because I see that some altcoins already increase, and if you insist on buying the altcoin, you can buy at a high price and I think that is not good for you.
Or you can search for more from the altcoin list, and I am sure you can find the right coin to buy now.

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December 17, 2020, 12:09:52 PM
 #57

Majority of the altcoins are making sound just because of BTC, I have noticed several times only if BTC goes up altcoins follow it if goes down it follows again so the dependency is still on.

The market right now is remarkable and daily trade will help to earn small profits still it is risky, this BTC bullrun has opened up the door of alts too. If you want to buy for long-term then go ahead.









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December 17, 2020, 12:15:50 PM
 #58

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.
Its really true that we could not find any sign that altcoin will follow the trend but we all know we can see a alt season after a huge trend of btc on up .However i think btc will be the best choice always and altcoin will give you some profit always when you are mostly patience and hold your asset to sell in a good position .Yes i am saying it is the right time to invest on alt cause a huge trend are coming to the up when btc is being bullish.

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December 17, 2020, 12:20:22 PM
 #59

I agree with the opening post that now is the right time to buy altcoins. Because currently the prices of some altcoins are still quite
low compared to the prices of altcoins in 2017. Based on my analysis, the bullrun that occurred in 2017 will definitely repeat itself.
Which this year has happened to Bitcoin with the increase in the price of Bitcoin to $ 22,000. For the altcoins I predict it will be in 2021.

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December 17, 2020, 12:25:39 PM
 #60

Its always a right time to buy if your going to invest into altcoin but before doing so and many have said this before research and spread your capital, bitcoin is going crazy but altcoin is still putting its shoes if by chance BTC ever reach 30K we might see some altcoin movement since the price is becoming expensive other investors with low capital will look for another way to earn from bull run.
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