Is it the right time to invest in cryptocurrencies?

[MFahad]

Market is not performing good for se months and it's better to stay away from altcoins.i am waiting for 20k and then  Only crypto I'm buying right now is BTC and ETH. If we go through a bear market in crypto those are the ones that will for sure survive and grow long term.

[Pejoh Asu]

Cryptocurrencies is a good investment and we are worth trying now, it is never too late in the Cryptocurrencies investment, the opportunity to rise can occur in a short time for a long time, if we have a long -term target then I suggest for investment in top coins.

[Coin BTC]

Cryptocurrencies is a good investment and we are worth trying now, it is never too late in the Cryptocurrencies investment, the opportunity to rise can occur in a short time for a long time, if we have a long -term target then I suggest for investment in top coins.

i totally agree with your opinion, this is the right time to invest in cryptocurrencies, now many people invest in crypto and most people are also waiting for this kind of market state, and they will invest in altcoins of their own choice, most of the people choose to invest in the short term, and there are also those who invest in the long term, if you choose to invest in the long term, then the right choice has been said above choose, at the Top Coins.

[savetheFORUM]

I think other than bitcoin should focus on investing in top altcoins instead of low cap coins as they could crash at any moment, if they can survive that could be a huge profit for us. But if bitcoin continues to fall, many low caps will not be able to continue.

But we are all speculating here although not all have the same plan. Some are in for long term while others are for short to mid terms only. For me, investing in a bear market is much easier than investing in a bull, it is because there is no pressure when buying but in a bull you need to think twice or you need to hurry because the price can take off easily.

What makes it more easier is that I also have an experience here in this market and I can now pick coins effortlessly without needing to pause and think if which of them are worth it and which aren't but true, top cryptos are better than a low cap coin, and investing on them can be like a gamble where you will be needing a luck.

[RussianEnglishTranslation]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

BNB is a good buy as long as nothing happens to Binance. They could easily get regulated in any one of the number of countries they are trading in and that would affect the price. The chain isn't decentralized and an issue with Binance would significantly impact the future of BNB chain. There is also evidence that the pegged on chain assets have no backing and are being rehypothecated on the exchange. You may be better off investing in a different L1, something that is more decentralized, like Polygon, ICP, or Celo. Celo for example may become the go to platform for carbon credits. ICP will integrate other chains and take their marketcap.

[rugrats]

Cryptocurrencies are a new and young market, so it's never too late for anyone and we're in a bear market so it's worth getting in. The bear market is a time when it is possible to hold a lot of potential coins at low prices and just hold and wait for the bull season to come and we will make a profit.

[GelatikKembar]

Cryptocurrencies are a new and young market, so it's never too late for anyone and we're in a bear market so it's worth getting in. The bear market is a time when it is possible to hold a lot of potential coins at low prices and just hold and wait for the bull season to come and we will make a profit.

We will see the bull season ahead of the Halving, meaning in 2024, maybe, because according to such history,
every 4 years the Bulls will come and before that the market will certainly experience a bear season and a sideways season.

[Fakhrulenclix]

Cryptocurrencies are a new and young market, so it's never too late for anyone and we're in a bear market so it's worth getting in. The bear market is a time when it is possible to hold a lot of potential coins at low prices and just hold and wait for the bull season to come and we will make a profit.

We will see the bull season ahead of the Halving, meaning in 2024, maybe, because according to such history,
every 4 years the Bulls will come and before that the market will certainly experience a bear season and a sideways season.

I don't think so, 4 years is a long time. it's true if you look at what happened in the past, every 4 years we will see a bull market and almost all altcoins reach their latest price peaks but now it's a little different, price movements are very volatile which allows it to increase significantly in a fast time though did not reach the peak of the price, this is very possible if you look at the increasing trading volume
to invest, now is a very good time I think, last week a sharp decline occurred and is now starting to stabilize without any significant movement again, thus the percentage to increase slowly is very large.

[wmaurik]

We will see the bull season ahead of the Halving, meaning in 2024, maybe, because according to such history,
every 4 years the Bulls will come and before that the market will certainly experience a bear season and a sideways season.

Will it be like that forever? because it has already been seen that this is the case, but I will not consider this to be a sure thing because there are other links, such as investors entering the market at a certain time to buy a number of coins in very large quantities, so that the effect of increasing prices in the market can happen immediately without having to wait for a duration of 4 years as has happened before.

[albon]

Cryptocurrencies are a new and young market, so it's never too late for anyone and we're in a bear market so it's worth getting in. The bear market is a time when it is possible to hold a lot of potential coins at low prices and just hold and wait for the bull season to come and we will make a profit.

Why are you just waiting? You have to do staking of your coins and get some profits instead of leaving coins without getting any benefit from them. We do not know when the bull market will come so we have to increase the quantities of coins that we have in these good times and we must choose the coins carefully, as the market has become full of meme coins that have no value, and you should not put your money in one coin and put what happened to the Luna coin in your mind.

[AakZaki]

Why are you just waiting? You have to do staking of your coins and get some profits instead of leaving coins without getting any benefit from them. We do not know when the bull market will come so we have to increase the quantities of coins that we have in these good times and we must choose the coins carefully, as the market has become full of meme coins that have no value, and you should not put your money in one coin and put what happened to the Luna coin in your mind.

Every trader has different risk management. So I think he did what they thought was good. Indeed, at this time btc price tends to be sideways holding in the 29K area. If this price is going to break again maybe the bearish mas will last longer, as well as altcoins because they follow the movement of Bitcoin. Next up about the coin meme. If you are not ready to lose money do not buy coin memes. Be quite sure by buying some of the coins with the best CMC rating. Besides maybe you can do scalping for the short term, it looks safer.

[Vaskiy]

Entering the market when the price of altcoins are in the bottom have got low risk than entering the market at a higher price and booking the profit when the price goes high from that point. Based on this view about the market, right now it is perfect time to enter the market. Another thing, there is also suggestions/predictions stating that the price could go even lower than now. Taking it into consideration it is good to do Dollar Cost Average process while investing on cryptocurrencies.

[MiF]

I think the answer is yes investing in cryptocurrency today is a little bit good than investing on it last year 2021 when btc price rise to ATH of 60k$ which is very risky that time, but for now the bitcoin market is still below 30k$ which means if we invest on it today we can have a very low risk investment due to the very low price not only in btc but also on some too altcoins, so for me investing is good this time.

[typerex987]

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[The Author]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

There are things you need to consider before taking a decision to invest and these might be
1. Taking into consideration the current market condition is
2. The economical effect or how positive or negative this change would affect your financial status
3. The type investment you would be getting into whether it would be long-term or short-term.
After considering the above opinions, Then you can choose which coin would suit your investment strategy. But I wouldn't recommend BNB for long-term.

[bhooscream]

I think the answer is yes investing in cryptocurrency today is a little bit good than investing on it last year 2021 when btc price rise to ATH of 60k$ which is very risky that time,

Sure, if you compare with 2021, this year is a better time to buy. 2021 is bullrun, it is the time to sell, not for buying coins. However, we all know that the bearish will last for 2 years, till 2024. So, too early buying now, bro. Most people believe that the market cycle will be the same as previously, there will be a bigger drop in crypto coins prices. Why don't we be patient to wait for the dip? I think the best time to buy once BTC price drops to $20k.