Is this the right time to buy?

[numanoid]

Best time to buy is when there are bloodbath on all coins. You can see there are still lot of coin rises until now, so this is not the best time to invest in any coin

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[adamvp]

Best time to buy is when there are bloodbath on all coins. You can see there are still lot of coin rises until now, so this is not the best time to invest in any coin

You are not quite right, there was situation when everyone thought it is good time to buy, as price dropped 20% or so, and after that price dropped another 20% or more, so big drop isn't enough reason to buy ...

[abel1337]

Best time to buy is when there are bloodbath on all coins. You can see there are still lot of coin rises until now, so this is not the best time to invest in any coin

You are not quite right, there was situation when everyone thought it is good time to buy, as price dropped 20% or so, and after that price dropped another 20% or more, so big drop isn't enough reason to buy ...

This is why we should buy on big support lines so that the loss will be minimized then setting up a stop loss so that you can bail out immediately if the dump goes on. This is applicable to most of the altcoins when buying the dip. It's simple but super effective, It saves me a couple of times. A big drop has a great chance of having a bounce-back that's why it's not that bad to buy at that kind of scenario, You just need to know what price you should enter and to identify the support lines that will not break.

[TinaK]

Best time to buy is when there are bloodbath on all coins. You can see there are still lot of coin rises until now, so this is not the best time to invest in any coin

You are not quite right, there was situation when everyone thought it is good time to buy, as price dropped 20% or so, and after that price dropped another 20% or more, so big drop isn't enough reason to buy ...

The market drop is little affect the many traders because huge scale investors are little carefully maintain a investment ratio, So we can't predict the each traders sufficient ratio.
This is the good time for crypto investment and good time for long term investment, But day trading is seriously hard to predict so active traders are good to survive in all the time

[Wahyuihib]

I need some advice, I had some crypto a few years ago and then sold it and made some good profits and I am now planning to buy some crypto once again and I admit that I am outdated on the crypto world right now. Can someone give a brief explanation of what DeFi is and what are your top 5 coins/tokens and where do you usually trade it. Thanks! 

Defi is a decentralized financial service based on blockchain technology, like Bitcoin. This is just a system that is currently a trend.
Top coins remain btc, ethereum, polkadot, stablecoi, and bnb ..
all of these coins are readily available on major exchanges

[avarnet]

the market is in a falling position too risky to buy now which is very worried about the bear season will last long then the price of all coins will fall deeper
better to wait when there are signs the market will recover, good time to buy

This is actually an opportunity. If you are interested in fast trading such as futures if you can see the direction of movement using trendline lines and also bullish or bearish patterns we can benefit. however, this trade does carry a high level of risk. because it can get a liquidity / margin call. If the spot for now is irrelevant because it is still at risk

[mace15]

the market is in a falling position too risky to buy now which is very worried about the bear season will last long then the price of all coins will fall deeper
better to wait when there are signs the market will recover, good time to buy

This is actually an opportunity. If you are interested in fast trading such as futures if you can see the direction of movement using trendline lines and also bullish or bearish patterns we can benefit. however, this trade does carry a high level of risk. because it can get a liquidity / margin call. If the spot for now is irrelevant because it is still at risk

Before entering the market a person should have knowledge first when to enter and sell. Futures trading is very risky though you can earn fast and you might lose in a split of seconds. Better trades or buy when there's a dip or correction in the market. As others taking opportunity to buy and invest on the top coins in the market.

[bitcoin31]

It's a good news that you are earn a good profit and it's good Idea again ro invest to the cryptocurrency. Bitcoin , ethereum, binance, ripple and polkadot that coin is I suggested for you to invest again this year and I guest this year this coin will grow very high and your money will become double and more. I hope all people who are interested again to invest to the crypto because sad to say some of the people who earn money and lost it are not continue the cryptocurrency.

[desfira]

My opinion is that it's not time to buy right now, because my prediction is that the price will start to fall in the next month, so we hold on to buy first

[coiner-88]

At this moment the best activity is to simply stand by the cost of the coins to dump actually with the goal that you can purchase bitcoin or Ethereum in an exceptionally less expensive value contrast with their value at the present time. What's more, notwithstanding the top100 I burn through 10% of my cash on purchasing things that I like and see them regularly show up.

[slaman29]

not all defis, for example CurveDAO is diving..

~58.000-39% is exactly 35,3k USD;  29% is 41,1k USD  So I think we reach a bottom between these numbers...
What will be altcoins reaction depends how volatile price movement will be  - will it be rather straitgh move, or ups and downs zigzags...

If we will have rather stable decrease alts should take advantage

Yeah, true, not all defis, but I hardly really track them all (some are actually going higher but all of them are so manipulable I don't give them much thought).

I think your estimates are pretty solid TBH, 35k I personally think will be breached to maybe 32k even but it will be a flash touch, mainly 35k to be the true bottom on most platforms.

Alts definitely poised.

[StephenJH]

Situation quite difficult to say whether it's right time to buy or not. Suppose you bought more in hope that it goes back up but then the negative trend keeps going and your portfolio goes down as well.

The market is not still stable and it is really hard to say something. But l think there is always a chance, it depends on ability. l mean if you can make enough research. l believe that there are still some good projects. However l can not believe in every project, most of them are not profitable. l prefer waiting and analyzing, but on the other than a lot of coins have raised. No doubt most of them will decrease in the near future. We need to be patient, it is not the best time.

[sayaya17]

DeFi has hyped that makes it popular lately and indeed many have profited from this DeFi hype. But it  looks like  now DeFi has weakened.
Your thinking is also good if you want to invest or trade short-term on the top coins, because  currently the crypto market is in good shape.
I have some coin options like BNB, ADA, DOT, LINK also Bitcoin and Ethereum. But other than that there are new altcoins whose prospects
are pretty good and I hold some new coins. Now the price is rising.

[Forsmagor]

Definitely yes! DeFi trend is not over yet. The next wave incoming
Highly advise to research https://dehive.finance/ as it will be going wild very soon
You can create your own DeFi index and long it without any risk of being liquidated. DeHive is the first platform to offer the creation of custom crypto indexes representing your personal investment portfolio that can appreciate in value through the DeHive platform. The protocol will present several in-house crypto indexes available to the user and provides a place for traders and platform users to issue their indexes featuring its own unique set of crypto assets. Therefore, the platform’s system allows you to collect and combine your own portfolio, convert it to the custom index and deliver it to the market through the DeHive platform.

[Sled]

I need some advice, I had some crypto a few years ago and then sold it and made some good profits and I am now planning to buy some crypto once again and I admit that I am outdated on the crypto world right now. Can someone give a brief explanation of what DeFi is and what are your top 5 coins/tokens and where do you usually trade it. Thanks! 

I don't think if this is a piece of good advice but I want you to listen to what is in your heart and ask yourself also if you are already prepared to lose or not.
Because in the first place, you can never tell about the RIGHT?PERFECT TIME for investment. The reality is that investing in crypto at a cheaper price will be a good time but still, it wasn't be called the right time, this only gives us a higher chance to make a profit unlike in the situation when you buy at peak season.

[susuberuang]

Currently altcoins that have good potential are experiencing a tremendous increase such as ETH, litecoin, ADA, polkadot, DOGE, XRP and BNB, in my opinion this is not the right time to buy these altcoins, you should keep your current investment, while waiting  better time to top up your investment in cryptocurrency,

[rhodelmabanal]

Well before we invest in different coin we need to look at the price first and make a research, it is normal to look t the price so that we can make a decisions i its good or bad time to invest in that coin or token, example is the bitcoin as what we al have seen bitcoin is now 49k$ and that is very high price which is very risky the best thing to do is to wait for the price to fall then buy for good.

[usaha jaya]

i think this is the right time now to buy cryptocurrency the price of the cryptocurrency is low at the moment, i think this time is a great opportunity to buy more cryptocurrencies and hold it.

I also recommend the time now to buy some coins in cryptocurrencies as the price trend is relatively down as they stabilize or increase the market and will most likely increase the price trend again by the end of the year.

[xmonkeyx]

Don't take it personally, do your own research before making a decision, every one are just going to drop the names of the coins they invested money on, here is mine

1. Polkadot
2. Avalanche
3. ChainLink
4. Nord Finance
5. Ethereum

that's right, everyone has different beliefs about the future price of coin which surely all of us want profit. it all comes back to yourself where to invest because I think all coins have the same opportunity.

[Kena Banned]

Best time to buy is when there are bloodbath on all coins. You can see there are still lot of coin rises until now, so this is not the best time to invest in any coin

Time plays also an important role in investing in any project, in my mind to make the right choice is more important than time. The right choice always brings success, on the contrary, you can lose your money. Many projects are getting up and if we can make the right choice for example ETH, we can make great money. ETH is not the only choice, there are also a lot of potential projects, but sometimes it is really hard to find the safe one.

Agree, even in the badtime if we choose the great project, it could return us profit even if it needed to wait more time for it.  But, if we already choose a bad ones, we can trapped forever in no liquidity projects.