HashingTower (OP)
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February 27, 2021, 05:41:27 AM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
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iv4n
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February 27, 2021, 12:27:10 PM |
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It's a great time for some coins! The crypto market is growing every year, and I am somehow sure that we are still far away from the top! The top is total global adoption, in my opinion, just to be clear on that! And that will happen many years from now, so it's still a great time for getting into crypto, in main coins, or in new ones! Every investment has its pros and cons, depending on your goals and capital you should choose the best for you!
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DoublerHunter
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February 27, 2021, 12:36:25 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
^ That is right, it is the right time to buy while the market price was in correction price. If you are planning to invest in altcoins, make sure that you have already studied them and had research because it is very risky to invest in altcoins that pump up because of the hype by a group. Though people are afraid that it will drop more so they are observing the market, but I think, crypto investment is not good for a short period of time. Invest and wait until your profit has come, that is playing safe upon handling your investment.
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crzy
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February 27, 2021, 12:41:04 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
There market is always open to a new investors and just like what happened to Tesla, they didn't mind investing on the peak price of Bitcoin because they believe on the future of this technology, so I'm sure the price will continue to soar higher as long as we have new investors coming in. Its red market now actually since after hitting the peak of most of the altcoins, the price started to go down so I think its better to buy now before its too late.
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michellee
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February 27, 2021, 12:50:57 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
Choosing bitcoin as your investment will be good than to invest in the altcoin because altcoin already moves and without buying at the lowest price, you will hard to see the price will go down when the bitcoin price goes down. But if you want to buy bitcoin, you should wait for a while because I think the price now is up and down, making it difficult to see the good time to enter the market. If you can see the red candle on the market, you can prepare to buy bitcoin, but make sure you can analyze it when you can enter the market.
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Cling18
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February 27, 2021, 12:57:22 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
As for me, there are still coins that are worth investing in with the market situation that we have right now. Choose a potential top coin and check their previous movements and background so you'll have an idea of how to deal with it. The market is really unpredictable but doing your own research about your target coin would be a big help.
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meanwords
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February 27, 2021, 01:08:33 PM |
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I think you're just in time. All cryptos right now just had their correction so this might be a good time to invest again. Just look at the market right now, they are recovering a little bit. Though it might take weeks or months again to beat another all-time high. Don't listen to the panic sellers who's telling you that it's a bad time to invest. They are the preys of the whales.
Always "buy low, sell high" not "buy high, sell low". Also, don't get FOMOed
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crwth
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February 27, 2021, 01:08:54 PM |
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As we know that the market is inevitable to be 100% right, it's going to be hard to say that this might be a great time to buy now, or it could even go down further. So the best approach would be to invest what you are willing to lose. Better to be right in the risk management department and not risk a lot for investments.
You better do more research if you don't know anything about what you are investing in.
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Ken_terrance
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February 27, 2021, 01:17:31 PM |
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As a newbie pls understand that buying now is twice the risk of buying in early January of this year, no one can say for sure of the market will keep rising after the correction or not, if it's a must to invest right now it's better to gamble with little money you can afford to lose and I would suggest BTC instead of altcoins
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Henrobakkara
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February 27, 2021, 01:49:56 PM |
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it all depends on you looking at the chart if you are still sure the market will bleed then be a little patient to wait but if you believe this is the right time then please buy, make your own decisions and don't rely on other people because not necessarily people's opinions will be right
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Johnyz
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February 27, 2021, 01:55:03 PM |
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Don’t blame us if we say yes and the result is the opposite, because there’s no certain in this market and anytime, the price can pump or dump depends on the market situation. Buy with confidence and regret nothing, besides if you’re a long term player then you should go with the top coins.
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Jackl87
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February 27, 2021, 01:58:12 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
It's never to late to invest in a good project. It's probably the best to invest during the peak of the bear market because from then on it only goes upwards ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . But seriously i don't think the market is in a bad situation right now. Of course BTC and ETH lost around 20% each in the last week, but that was to be expected after the steady growth during the last few months. Now both coins seem to have stabilized. So if you know an altcoin that you researched and like and you think that it has good long-term potential than i think you can still buy that coin.
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cryptonx
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Futurov
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February 27, 2021, 02:11:19 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
if you still confidence, just drop your money in altcoins or bitcoin, but if you have a doubt with the market, just stay away from crypto market until the green colour come back to all TOP cryptocurrency
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Lagduf
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February 27, 2021, 02:16:17 PM |
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Is it over already or it's not too late to invest in altcoins right now?
It's not yet over but I can say that if you are too late. You should invest in altcoins since last year and you will get a lot of profit now but what you can do to shorting the market which is vert risky. I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
You can start with a small amount to learn how the crypto market works. Just try to invest when the bearish market has come and then try to go out from the market when there will be a pullback.
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amishmanish
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February 27, 2021, 02:17:12 PM |
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If you are new, follow some very simple things:
1. Decide your initial portfolio allocation based on what is the amount you are willing to lose.
2. DCA into BTC with 50-6% of that amount. When it comes to BTC, Just remember what they say. Its not Timing the market but Time in the market.
3. With the rest, find the latest projects with a fair launch and a developer community. Look for projects that have their own SDKs and are organizing Hackathons. Learn about them and see how you can contribute. Pick a few of them. Engage in the community and invest part of your portfolio.
If you are just looking for a gamble and a chance to get rich quickly, then just follow some of those online shills and keep a watch for what they are shilling. Just remember that without DYOR, you can lose everything. That is why BTC is important.
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krisnajsadrak
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February 27, 2021, 02:21:46 PM |
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Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
nothing too late if you choose the right coins to invest, and for me red market is an opportunity to buy a good coins with discount my friend but remember to do your own research before buying
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Ulven
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February 27, 2021, 02:26:28 PM |
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You must choose an appropriate currency worth the investment!!But But before investing, be sure to accept the loss as well, as profit is not guaranteed.Because the market has an unstable movement that has many slippages!!
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Fesatmas
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February 27, 2021, 02:28:33 PM |
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The bottom line is what do you come to the market based on? because crypto is growing fast or what? You are right and dare to ask, I really appreciate it. in choosing crypto you have to do is know crypto itself. Create the top 100 benchmarks on CoinMarketCap and get to know crypto the way you want it. don't be afraid to start. there is no boundary for people who want to know crypto.
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fly.math
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February 27, 2021, 02:33:15 PM |
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actually there aint no such thing as late, you can still invest specially with the altcoins as there are lot of altcoins that has low marketcap but still worth it to invest or hodl for a long term but ofcourse dont forget to have some of the top 10 cryptocurrency in the market.
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repear7
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February 27, 2021, 03:45:19 PM |
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If you new in trading, I recommend you to invest in popular coins. Look at the BNB, Everyday price of bnb up-down. Hopefully you can make some profit from BNB (it’s totally my opinion)
I also think, Trading in stablecoin pair is better.
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