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Author Topic: Is it right time to Buy Alt coins now?  (Read 4017 times)
ije07
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December 17, 2020, 12:28:22 PM
 #61

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.

I hope that happens in the near future. looking at the current Bitcoin price movement I also have no doubt that Bitcoin in 2017 can be repeated. Moreover, the percentage of bitcoin movement is currently significant at the price of $ 22.7k. while some of the top altcoins are also starting to rise slowly, so, there is still an opportunity to buy at current prices.

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bitzizzix
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December 17, 2020, 12:31:04 PM
 #62

The very significant movement of bitcoin today does not carry altcoins like bitcoin, and that doesn't mean everyone and investors don't trust altcoins.
only time for altcoins to go up to adjust to bitcoin movement, and I am sure altcoins will change and will increase in 2021 and this is the right time to buy altcoins especially some of the top 20 altcoins.

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December 17, 2020, 12:37:25 PM
 #63

In my opinion, it is difficult to predict the right time to buy altcoins but you can take advantage of the market and liquidity charts and analytics to provide a fairly accurate approach to when altcoin prices will rise and fall so that you can make a sound decision before investing of course, with notes, you must use your own analysis and financial arrangements wisely.
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December 17, 2020, 12:59:55 PM
 #64

Look at how litecoin is performing well along side btc, i know some people must have ask themselves the same question few days back, others also hesitate to buy btc at 19k thinking it will correct back down but the market is showing something different from what we all thought, to me, there is no right time to buy a good coin, all you need is be sure the coin is worth long term hold.
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December 17, 2020, 01:06:37 PM
 #65

Look at how litecoin is performing well along side btc, i know some people must have ask themselves the same question few days back, others also hesitate to buy btc at 19k thinking it will correct back down but the market is showing something different from what we all thought, to me, there is no right time to buy a good coin, all you need is be sure the coin is worth long term hold.
and it was exactly the same as how I felt before when I had savings and planned to buy bitcoin for $ 19k at that time. but I thought it would go down and I was waiting to buy when it was $ 17k .. but the current rise in bitcoin is unexpected, and maybe if I change my mind, I will buy at the current price or try to place in the top altcoin pair.

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December 17, 2020, 01:28:21 PM
 #66

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.

I'm sure altcoin will soon follow the price increase like Bitcoin, because as happened in 2017 when the price of Bitcoin increased very high then the price of altcoin increased very high too and I'm sure this will also happen for now, so all we need to do is be patient and hold altcoin that we have, because I believe altcoin price will definitely increase very high and of course it will give us a big profit, so if you haven't invested in altcoin then now is the right time to buy altcoin and my advice is better for you to invest in the top 100 altcoin on coinmarketcap.

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December 17, 2020, 01:31:08 PM
 #67

Nobody has a crystal ball to know surely the right time to buy alts, it's all speculation IMO. The most important is invest in fundamentals and progressive alts not only hyped ones. Currently ethereum is holding it's price strong and many more deployment to come hence the value of ETH right now is undervalued hence whether you got in when it was $150 or now, you would still be making a sensible choice as long as you are not aiming for short term gains.
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December 17, 2020, 01:47:21 PM
 #68

At the moment Bitcoin is unstoppable and it's quite risky to buy high. I believe it's the right time to buy altcoins as most of the altcoins are not moving in satoshi form. I believe once bitcoin start consolidating altcoins will start fly so one can consider buying altcoins now.

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December 17, 2020, 04:42:12 PM
 #69

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.

Your are right sir i don't know the btc price high then altcoin goes to  down and if btc price down then also altcoin price down but i agree with you sir that is the time to buy some best altcoin for further profit


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December 17, 2020, 06:31:55 PM
 #70

~
Alts might follow up sooner enough so if the alts, not shitcoins, are showing a bit of red right now you should probably buy that now. There's no perfect advice for this but it's up to you in the end if you can handle the losses from your invested money, but pretty much it is suggested to buy now on the lows right now.
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December 17, 2020, 06:50:13 PM
 #71

Based on the present state of the market, I will agree with OP that it is the right time to get into alts in preparation for the alts season to come, history has a way of repeating itself, we are hoping to see some amazing surge in prices of alts anytime soon, I will advise you to get into solid alts now.

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December 17, 2020, 07:06:58 PM
 #72

Based on the present state of the market, I will agree with OP that it is the right time to get into alts in preparation for the alts season to come, history has a way of repeating itself, we are hoping to see some amazing surge in prices of alts anytime soon, I will advise you to get into solid alts now.

Find the right alts to invest your money, chances that once Bitcoin stop pumping and find itself a good barrier alts will start to pump up, those many investors around who gained decent from this current rally will find diversion to place their earned money, make sure to follow quality alts who have real contributions to this industry.

Bag it up and wait till the market move itself and start to bring you good benefits.

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December 17, 2020, 07:37:25 PM
 #73

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.

In the near future, the most likely option is the growth of altcoins, according to the rules of the market cycle, an increase in capitalization (600 billion), and the growth of Ether, which opens the season of altcoins and has already updated the highs.
How to work with altcoins has already been mentioned more than once. I think that you need to wait for a rebound and watch the situation.
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December 17, 2020, 08:17:55 PM
 #74

I think that it is worth waiting for the correction of the entire cryptocurrency market and then after this correction it will be already possible to safely invest in various altcoins, and now altcoins are growing in price and if you will invest in altcoins now, then these altcoins will fall in price when there will be correction, so it's better to wait a bit for better moment.
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December 17, 2020, 08:51:51 PM
 #75



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%.
Yes you can pick some top alts now but i personally think that now bitcoin will be the first to lead the moon mission so alt to btc pairs would remain under stress while if you are looking to gain in usdt then it is perfect to buy more alts.

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December 17, 2020, 09:32:46 PM
 #76

Indeed btc will dominate the altc, be it when btc goes up and btc down altc will follow it. Now btc has exceeded $20K,
from yesterday until today btc moves between $21 to $23 and now at $22xx. With this movement there  are  some
altcoins that pump and some that dump.  It's up to you to  speculate on which altcoin.  But always beware because
the possibility of loss always lurks around us.

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December 17, 2020, 09:37:07 PM
 #77



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 can take that presumption and analysis which it isnt a bad call either but this one will depend on someones risk management where he would decide to make some
plunge into the altcoin field but to see that not all coins are in dips now.They might not be moving that much but they are still in gains but its up to you if you do
decide to buy them yet diversifying investment is always a good idea but somehow it will depend into your financial capabilities basing off on how many coins
you would really be buying on.So select the best ones that will fit out your criteria when it comes to long term aspects.

R


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December 17, 2020, 10:07:03 PM
 #78

My sources tell me that now a short flat of bitcoin is expected, they will knock out stops in both directions, and after that or in the process of this we will see the growth of alts.
I can not vouch for the veracity of the information, but I will follow exactly this plan.

tvplus006
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December 17, 2020, 10:22:39 PM
 #79

My sources tell me that now a short flat of bitcoin is expected, they will knock out stops in both directions, and after that or in the process of this we will see the growth of alts.
I can not vouch for the veracity of the information, but I will follow exactly this plan.

This is a common behavior for bitcoin, when it knocks out stops first for those who are short, and then for those who are long. But in any case, when bitcoin has not exhausted its potential for its growth, it is premature to expect a profit from altcoins.

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December 18, 2020, 03:45:22 AM
 #80



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 think this isn't perfect time to invest on ALtcoins yet, especially with low and medium capitalization Altcoins. With big Atcoins such as ETH, XRP, ADA,LTC...you can earn 20-30% profit but not be able to earn more at right now because the marketcap BTC dominance and the price of BTC are rising so strong, it shows that the money flow is focusing on BTC. Let's wait until the price of BTC goes sideway and the marketcap BTC dominance go down, this is really good time to invest to Altcoins

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