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Author Topic: Is it right time to Buy Alt coins now?  (Read 4017 times)
milewilda
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December 21, 2020, 11:49:24 PM
 #141

I'm not sure if we can see the pump of the altcoins just like the year 2018 of January. I don't think if this is the right time to buy altcoins but if you planning to hold for long term then I guess you can buy it now but for me, not good to buy now maybe I will wait the down prices of the altcoins then that's the right time to buy.

Time is already peaking so it's best to wait for a large drop back to make it easier for you to buy some good tokens. But if you feel you will get a loss you should buy it now.

Better assessment and good timing will allow you to gain good compensation inside this market, don't buy if you are unsure with the market movement.

Wait and do deeper research instead of rushing your way and leads you to lose your money, alts season depends from the development of the project,

once updates being provided and it offers good usages then chances that the value will rise high.

You should do your assignment when it comes on researching things not just on putting money or buying without any basis.When it comes to buying then
it will depend into your decision because not all the times would be ideal to buy specially when its already on its peak.There are lots of
considerations before making any decisions because if you do just carelessly buy without any of those things then
mistakes and losses will surely be next in line.

Sayeds56 (OP)
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December 22, 2020, 02:12:34 AM
 #142

I'm not sure if we can see the pump of the altcoins just like the year 2018 of January. I don't think if this is the right time to buy altcoins but if you planning to hold for long term then I guess you can buy it now but for me, not good to buy now maybe I will wait the down prices of the altcoins then that's the right time to buy.

Time is already peaking so it's best to wait for a large drop back to make it easier for you to buy some good tokens. But if you feel you will get a loss you should buy it now.

Better assessment and good timing will allow you to gain good compensation inside this market, don't buy if you are unsure with the market movement.

Wait and do deeper research instead of rushing your way and leads you to lose your money, alts season depends from the development of the project,

once updates being provided and it offers good usages then chances that the value will rise high.

You should do your assignment when it comes on researching things not just on putting money or buying without any basis.When it comes to buying then
it will depend into your decision because not all the times would be ideal to buy specially when its already on its peak.There are lots of
considerations before making any decisions because if you do just carelessly buy without any of those things then
mistakes and losses will surely be next in line.

Very well said. It is never good to make buying decision of any asset for investment including digital crypto without proper Fundamental and Technical analysis. Mostly people follow Technical analysis which is totally based on Historical Data. What happened yesterday same will happen tomorrow because History always repeats itself. Typically, Human behaviour never changes. If we follow Technical analysis then we should start buying in Top 10 Alts when BTC Dominance comes down to 60% or even less.









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December 22, 2020, 03:01:00 AM
 #143

I rather say no, Bitcoin should be the priority to buy but if you are an altcoin expert then I suggest you can do and buy. One can earn huge but it is high risk. I had been some time already here in the forum and saw a lot of failed altcoins being dumped by the project owners and team but prior to that they had made such good marketing strategy giving false hope.
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December 22, 2020, 04:48:20 AM
 #144

To buy Altcoin coin you have to rely on Bitcoin. There is a possibility of dumping altcoin when BTC Dominance increases. And when bitcoin suddenly dumps, so does altcoin. BTC pumps altcoin even when it is fixed at a specified price.
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December 22, 2020, 06:24:26 AM
 #145

To buy Altcoin coin you have to rely on Bitcoin. There is a possibility of dumping altcoin when BTC Dominance increases. And when bitcoin suddenly dumps, so does altcoin. BTC pumps altcoin even when it is fixed at a specified price.

Yes altcoin have more hide power  Wink

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December 22, 2020, 06:46:17 AM
 #146

To buy Altcoin coin you have to rely on Bitcoin. There is a possibility of dumping altcoin when BTC Dominance increases. And when bitcoin suddenly dumps, so does altcoin. BTC pumps altcoin even when it is fixed at a specified price.

Agree, altcoins will improve its performance only when the price of Bitcoin stables, when the price of Bitcoin drops, we might see there is a huge drop in altcoin and it will easily give opportunity to the investors to grab some potential altcoins. The market will give opportunity to the investors, to grab the altcoins.
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December 23, 2020, 04:40:58 PM
 #147

Yes, It's a good time to buy some altcoin at a cheap rate. but don't put all of your money in one basket. try to put your money in a different basket. I will suggest you buy some GEM at a cheap rate. I am buying Tomo, Coti, KCS, Vet at this stage. Will hold for the long term. also buying everyday at a cheap rate. Hope my bag will be full soon with my desire  altcoin.
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December 23, 2020, 04:51:48 PM
 #148

$24100 is a key resistance for BTC trying hard to break this level for another all time high.
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December 23, 2020, 05:11:09 PM
 #149

Yes, It's a good time to buy some altcoin at a cheap rate. but don't put all of your money in one basket. try to put your money in a different basket. I will suggest you buy some GEM at a cheap rate. I am buying Tomo, Coti, KCS, Vet at this stage. Will hold for the long term. also buying everyday at a cheap rate. Hope my bag will be full soon with my desire  altcoin.

I can not 100% agree with you that buying altcoin for a cheaprate current time will be good to earn profit. An Article on internet said that when the bitcoin dominiance increasing like current time, People will more willing to hold and buy bitcoin rather than altcoin (it can be the reason bitcoin's price increase and altcoin's price decreasing). Holding altcoin at such time would be a losing trade and a significant oportunity cost. Refference

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December 23, 2020, 05:32:29 PM
 #150

Buying altcoins these days depend on the your purpose and the altcoin that you're going to buy. If it's for a long term hodl, then it's not the best time for you to enter the market because most altcoins these days follow the Bitcoin trend which is too risky to buy. You better wait for the dip if you'll just hodl but if you're planning to trade then try to look for good coins and make sure that you're ready to deal with its movement. Altcoins these days are too unpredictable.
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December 23, 2020, 05:48:33 PM
 #151

^ I think now is a good time to buy altcoins, due to the market correction in recent days, and sell your assets when they hit their highs or hold them until the altcoins season comes. However, it should be noted that the crypto market tends to be volatile, as it is nearing the end of this year, so many investors have started selling their coins. So invest at your own risk.

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December 23, 2020, 09:52:23 PM
 #152



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%.
The current bull run is all focused on Bitcoin alone, I can barely see any of the top 20 altcoins pumping hard, they are just moving normally just pump a little then dump if bitcoin pumps/dumps, I don't think we are going to have another altcoins season like in 2017 where altcoins were pumping insanely, the present bull run is hell bent on Bitcoin, i can see Ethereum following close by due to the ETH 2.0 which will be launched anytime soon, aside from this as a trader the best time to buy/invest is when the coin/token is at a low price. .

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December 27, 2020, 10:27:27 PM
 #153

I rather say no, Bitcoin should be the priority to buy but if you are an altcoin expert then I suggest you can do and buy. One can earn huge but it is high risk. I had been some time already here in the forum and saw a lot of failed altcoins being dumped by the project owners and team but prior to that they had made such good marketing strategy giving false hope.
For the most part whenever someone tries to outsmart the market they are the ones that end up being outsmarted by the market, right now there is no need to try to invest in altcoins thinking they are going to make a comeback, right now the attention of everyone is on bitcoin so invest there if you want to make some profits, there will be a time for altcoins to shine but right now is not the moment as the market cap of bitcoin is approaching 70% once again.

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December 27, 2020, 10:58:17 PM
 #154

Nobody knows for sure the future development of crypto prices, because they can be volatile. But in my opinion, although BTC dominates the market at the moment, altcoin prices are slowly increasing. Today we are seeing ETH rally from $ 625 to $ 700 and currently ETH price around $ 685 is likely to go up again and I believe that by the end of this year at least the minimum ETH price can reach $ 750. For the short term, we have made a profit and there is nothing wrong with investing in the long term, because everyone is very confident that altcoin prices in 2021 will experience a rapid increase compared to prices this year. Who knows

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December 27, 2020, 11:23:22 PM
 #155



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%.
It's currently priced at $28k+ now, and the dominance has grown up to 69% since Ripple has been dumping due to the lawsuit, IMO I don't think there will be an altcoins rally, you want to know why? judging from what I'm seeing during this present bull run, altcoins are just dumping with no significant increase, the only altcoins trying to keep up with bitcoin's pace are Litecoin and Ethereum ( eth touched $700 today) the rest of the altcoins are just red,just pump and dump nothing else.

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December 27, 2020, 11:30:24 PM
 #156

There is big bounce in the price of ethereum and few of the well expected altcoins of the market. After a long today the ethereum growth percentage have come above bitcoin. There is more chance for an altcoin bull season. Probably the present market is stabilizing for a big growth without much of downward movement. Taking into consideration the growth taking place with altcoins it is good to buy altcoins that've got promised growth.

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December 28, 2020, 07:36:05 AM
 #157

As far as I am concerned, everyday is always a good day to buy alts. I mean as an investor, if you really trust the project and the coin related to it, then, there is really nothing for you to worry. As long as you invest to the project that you have checked and made sure that it is an ok project. Then you will be able to get the profits that you will get once the bull run also occurs on the cryptocurrencies. We just have to be patient and we will get our profits.

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December 28, 2020, 12:28:45 PM
 #158

As far as I am concerned, everyday is always a good day to buy alts. I mean as an investor, if you really trust the project and the coin related to it, then, there is really nothing for you to worry. As long as you invest to the project that you have checked and made sure that it is an ok project. Then you will be able to get the profits that you will get once the bull run also occurs on the cryptocurrencies. We just have to be patient and we will get our profits.

Your positive thinking is highly appreciated. Investors should be expert in "CHERRY PICKING" means invest in projects those have innovative ideas backed by Professional teams.
Once you put your money in the project then don't get upset with Market volatility. Hold your investment with patience and for sure your patience will pay you Huge rewards.









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Debonaire217
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January 01, 2021, 10:52:37 AM
 #159

I don't really think if now is the right time to buy Altcoins because most of the traders are more focused on Bitcoin right now, since bitcoin is the head of the news because of its rapid increase. Time will come that Altcoins will also increase like bitcoint, but for now, have patience. Just wait for it to be the highlights.
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January 03, 2021, 01:16:52 PM
 #160

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.

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