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Author Topic: Is it time to enter the market and buy altcoins?  (Read 499 times)
letyouearn
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January 12, 2022, 11:59:24 PM
 #61

I think, this is it - the best time to enter the market. Maybe it will go even deeper - but the probability of going up is much higher. And obviously this is not the beginning of the bear market - we are just testing the levels before a nice bull run which might happen in the nearest few months.

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Anguwa
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January 13, 2022, 04:21:35 AM
 #62

The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
Yes, I think this is an opportunity to buy some coins as most of the coins are just trying to recover from their losses, so after recovering then the pump, but it all depends on the strength and nature of the project. But this is indeed the right time to invest as this kind of opportunity might not come again this year.

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Vaculin
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January 13, 2022, 06:17:15 AM
 #63

The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
Yes, I think this is an opportunity to buy some coins as most of the coins are just trying to recover from their losses, so after recovering then the pump, but it all depends on the strength and nature of the project. But this is indeed the right time to invest as this kind of opportunity might not come again this year.
You are right. Now is a good time to enter the market and buy altcoins while their prices are still having high discounts. Otherwise, you will miss another opportunity because you are busy waiting for another dip. But knowing there are a lot of scam projects around so we should be more careful too not to fall investing in shitcoins. And always be reminded that not all coins who are in dips right now have potentials to grow or succeed, some are definitely low valued coins because they don't have any demand to grow and increase their value.
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January 13, 2022, 07:11:52 AM
 #64

Of course yes, now is the right time to buy some altcoins because as you can see in the market the prices of the altcoins are starting to recover so it is good to buy some altcoins right now and hold for long until the coin you invested will make a new all time high.
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January 13, 2022, 07:31:50 AM
 #65

Might be yes! But don't put all your money at once. Because if the price goes down, then you can buy your same tokens even low. And in this way, your average price will be low and you will get a good profit when the market recovers. For instance. If you want to invest$ 1k then you should invest only 500 now and keep the rest for dip. Of course, NFA

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January 13, 2022, 07:47:36 AM
 #66

Of course yes, now is the right time to buy some altcoins because as you can see in the market the prices of the altcoins are starting to recover so it is good to buy some altcoins right now and hold for long until the coin you invested will make a new all time high.
And always pay attention to every coin that has been purchased or pay attention to good coins before buying because not all coins are good to buy at this time, so it's good to consider this before buying any coins in the market.

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January 13, 2022, 08:12:14 AM
 #67

Of course yes, now is the right time to buy some altcoins because as you can see in the market the prices of the altcoins are starting to recover so it is good to buy some altcoins right now and hold for long until the coin you invested will make a new all time high.
And always pay attention to every coin that has been purchased or pay attention to good coins before buying because not all coins are good to buy at this time, so it's good to consider this before buying any coins in the market.
Of course before making a decision to buy we need to do our own research and that is mandatory,
in crypto there are many coins so we have to really consider before making a decision

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January 13, 2022, 12:17:04 PM
 #68

In my mind, there are two situations for Bitcoin according to Technical Analysis one is that it will make support above 44k$ if it happens then it will move above 50k$ and if it does not happen then BTC will be got support on 38k$ but due to less fear & greed index the bitcoin will not stay at 38k$, it will go down around 30k$ to 33k$, so I make I plan that I will take two entry in altcoins one will be if BTC makes support above 44k$ I will take entry in altcoins because when BTC will stable at 44k$ after that altcoins will start to bullish so that will be the best time get some awesome profit. But if it goes down to 38k$ then I will wait for BTC to move below and that will be the time to get entry in altcoins.

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January 13, 2022, 02:58:46 PM
 #69

buying during the red market is the right choice, and I think this is the right time because since the beginning of 2022 the market has experienced a very far decline.
so buy your favorite coin and wait in the near future the market will rise again.

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January 13, 2022, 06:41:33 PM
 #70

Since last December's crush, I am at an 11x loss in my whole portfolio. All the altcoins are 4-12x down. But I am still on it. I know this might be a down time from December 4-5. January 13: I am still at a loss, but yesterday I bought some coins again. I participated in two private allocations, and I know it's downtime, which means it's exam time for me, because if the market were back in my portfolio, it would mean I'd be in more profit. my strategy and my technique. If you thought I was rich and had lots of money to invest, then you are wrong. I am a student and my father is a farmer. I earned money from bounty and airdrops, but I didn't spend it. I tried to invest it because I believed in myself. But I won't give you any financial suggestions. I took a risk on my own. I hope you understand and do your own research. Thank you.
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January 13, 2022, 06:59:08 PM
 #71

Always use the money you can afford to lose
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January 13, 2022, 07:02:41 PM
 #72

Obviously, after some time, the next growth of the cryptocurrency market will begin and then altcoins and bitcoin will begin to reach new heights, but when it will be we dont know, it may happen this year, or maybe in a few years, but gradually the prices of altcoins are falling and we can start investing in various altcoins right now, but we need to be smart about investing in cryptocurrencies, because there are risks everywhere and especially in the cryptocurrency area, and so I have already started investing in some altcoins and gradually expanding my list of altcoins in which I will invest in the near future, but judging by how much big players invest in cryptocurrencies this year, I can say with confidence that a new big pump will be already soon.
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January 13, 2022, 07:37:16 PM
 #73

It's always a good time to put some money in crypto! As always, first in Bitcoin but in alts as well! I believe that we need to invest in the long run, and to add more whenever we are able to! Crypto is spreading and I think we are still at some kind of beginning, many projects will survive the time and become more popular, but I also think that some new projects can appear and even outshine some old ones! So diversifying is advisable, at least I am trying to have a nice portfolio with more coins, who knows what the future is bringing, it's on us to be ready for it!

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January 13, 2022, 07:47:39 PM
 #74

If we go back to few days ago, we will see that the price of all coins, including BTC, was much higher, but now it is much lower. It would not be difficult for me to understand how much the market is worth buying in this situation, if the price has gone down by almost 70%. I think those who ৃare trying to buy now will be able to make a good profit.
Definitely this is a good time to enter the market and prepare your extra funds to buy altcoins and bitcoin. Bitcoin may have seen recovering from the dump but as of the moment, its price drops back again. And same goes for altcoins too. So there is no reason that we will not buy this time as prices are still dumping. And once there is a dump, its always a good time to buy coins that have high potentials. But always invest in an amount you can afford to lose, i guess its always important not to put yourself in an unexpected loss.

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January 13, 2022, 08:09:12 PM
 #75

The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.

Indeed, the situation in the crypto market is ambiguous and it is very difficult to predict what will happen next. Therefore, some analysts recommend not entering the market, but waiting out this uncertainty, others do not recommend anything, but simply try to make money in this situation. If we are talking about whether it is worth investing in cryptocurrencies now, then I would say that it is best to do this when prices are falling, but if the situation suggests that the price may still go down, then it is probably worth the wait. But this applies if you just want to buy cryptocurrency on the market, and there are also other crypto assets of different crypto projects, a number of which can be profitable, which means you can probably turn your attention to investing in this particular direction, and the main cryptocurrencies are worth watching and with the next drop in prices, you can start entering the market.
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January 14, 2022, 04:02:52 PM
 #76

The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.

Well, if you do decide to enter the market, you should be really informed about current situation and quite confident in your knowledge and "capacities". If you are looking for something not so expensive, here is my opinion on it - > There is no doubt that in 2022, more projects will crop up that will offer you the opportunity to earn good returns. With that said, you might be wondering which affordable altcoin has the potential to yield the most returns. Below is a shortlist of cheap altcoins that you can buy. Remember, the cryptocurrency industry is a high-risk market. Only invest what you can afford to lose.
- XRP
- Dogecoin
- Polygon
- Chainlink
- Cardano

The source: https://swapzone.io/blog/which-altcoins-to-buy
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January 14, 2022, 05:02:01 PM
Last edit: January 20, 2022, 05:25:45 PM by wxa7115
 #77

The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
If you want to buy some bitcoin then without a doubt this is the moment to do it, the price is nowhere near its ATH, the price is relatively stable and the dominance at the moment is kind of low.

So everything points out to a good entry point for the newbies that are interested in bitcoin but afraid to buy it for a price that is too high, however we need to be honest, we do not know if this is the true bottom of this correction, which means you need to be ready to keep holding your coins in the case the price goes down once again.
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January 14, 2022, 09:58:09 PM
 #78

I doubt it is perfect time, better wait for the more downtrend and many uptrend corrections will lead to buying opportunities. Having a cash or stable coins will let you buy cheaper altcoins, do you can invest in whatever coin you prefer.
Why? Why would you doubt that when the price is so low? I would say that since it is so low, there is a good chance it could actually be the most perfect time to enter the market. It is obvious that we are not going to do a lot better, but it is also obvious that it will take a while. This is why I hope to see something a lot better, it is going to be a challenge, it is not going to skyrocket, we are not going to get 100k by march, but we will definitely see an increase soon enough.

This is why I have invested probably more than I should this month, I may end up taking a small amount of it out, just so I can survive, definitely not a problem at all, I am doing fine, worst case scenario I will use my credit card, I am 100% fine, but that is still a risk that I took, THAT is how much I trust the market and how it will react soon enough.
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January 20, 2022, 05:47:39 PM
 #79

I doubt it is perfect time, better wait for the more downtrend and many uptrend corrections will lead to buying opportunities. Having a cash or stable coins will let you buy cheaper altcoins, do you can invest in whatever coin you prefer.
Why? Why would you doubt that when the price is so low? I would say that since it is so low, there is a good chance it could actually be the most perfect time to enter the market. It is obvious that we are not going to do a lot better, but it is also obvious that it will take a while. This is why I hope to see something a lot better, it is going to be a challenge, it is not going to skyrocket, we are not going to get 100k by march, but we will definitely see an increase soon enough.

This is why I have invested probably more than I should this month, I may end up taking a small amount of it out, just so I can survive, definitely not a problem at all, I am doing fine, worst case scenario I will use my credit card, I am 100% fine, but that is still a risk that I took, THAT is how much I trust the market and how it will react soon enough.
There are many people like that, personally I think the same as you, buying bitcoin when it is cheap is the perfect moment to do it, however most people do not do this as they are afraid the price could go down even more or think of catching the bottom, as if that was actually possible.

The rest just want get some fast profits and as such they are not interested at all in investing in bitcoin when its price is down, and instead want to do it when the price is raising and everyone is buying as well as they feel that since so many people are doing the same then not everyone can be wrong, but in fact they are wrong as only a minority of traders make money, so following the majority is a bad choice in any market.
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January 20, 2022, 07:28:20 PM
 #80

Many people saying that bitcoin will fall to 30k but its looking Highly unlikely.  It might, emphasis on might, break below 40 to 37 but I think that'd be the bottom just based on how much institutional money is involved and how much BTC is moving off exchanges.  It's been holding 42 pretty solidly with a couple tests of 40.  I'll be surprised if it breaks below 40 and extremely surprised if it somehow breaks below 37.

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