Is it time to enter the market and buy altcoins?

[Den3892]

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.

[ryzaadit]

One thing you should know.

Buying on the red will give you more profit with less loss trading rather than buying on the green If you search on the reddit or internet. You should enter the market while the sentiment market is negative.

Like:
- Everybody told you "BTC" is death
- Fear Index on Extreme Fear

That's why you should have free cash (ready money), In case the market is down, buy on the down trend and then sell on the green don't do the opposite.

[jossiel]

Whenever there's a considered dip, it's a good buy.

But, there are people that don't considered the dips to be a good buy because they're looking always at the top. They want as if the market will recover there and reach the ATH again.

They're used to that because they saw the ATHs twice and that made them think that they're only going to buy if they see the recovery.

[Finestream]

One thing you should know.

Buying on the red will give you more profit with less loss trading rather than buying on the green If you search on the reddit or internet. You should enter the market while the sentiment market is negative.

Like:
- Everybody told you "BTC" is death
- Fear Index on Extreme Fear

That's why you should have free cash (ready money), In case the market is down, buy on the down trend and then sell on the green don't do the opposite.

Exactly. If you start to buy at its dip, it will give you higher amount of profits when it reaches its new all time high compared to when you buy at its time of recovery. And i think its definitely the basic but still working at the present to buy at the dip, and sell at the peak.

However, not all traders and investors see it that way. But i think as long as we reach our goal in the end, our individual strategy won't really matter.

[Botnake]

Whenever there's a considered dip, it's a good buy.

But, there are people that don't considered the dips to be a good buy because they're looking always at the top. They want as if the market will recover there and reach the ATH again.

They're used to that because they saw the ATHs twice and that made them think that they're only going to buy if they see the recovery.

I guess we all have our own preference and as long as it still works, than that would be fine. But If you come to think of it, its not all the time that bitcoin's ATH will come twice a year, mostly it happens only once. So it will be better if we can start buying bitcoin and altcoins in the dip, because it gives us more chances to create bigger profits and higher chances to earn. But if you will stick to your own plan, you might still get profits but the assurance is very slim.

[Doell]

the signal is indeed good but it is still a mystery and will always be like that ,not sure we will face a big rally soon in the near future but what you can do is be careful, don't jump right in, because patience in analyzing is very important in this moment ! ^{buy a little if you are in doubt}

[Johnyz]

Its time to buy but not all altcoins are worth to buy since some altcoins mat not recover anymore so choose the best project that you think can bring good profit to you and can rise again. Buying at a cheaper price is always a good one, don’t wait for any opportunity grab it now before its too late. The market will surely rise again, and it can happen this year so better to start to buy now.

[Yogee]

.... 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.

It's nice to see some greens but I would still be careful buying any altcoins at this point since I have limited funds.  Wait for a few more days but I guess that's still up to you if you have extra cash available.

[poodle63]

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,

Bitcoin is doing break out right now and that's why people are feeling positve about the next wave that will come to the bitcoin very soon. I have made very good profit only caused by a small jump that happened in bitcoin. NEAR, ATOM and fantom look so strong at this moment. I will believe if bitcoin can break 46k again and that will be a very big thing for altcoins.
Some altcoins may do massive recover again.

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 this is the beginning of the new rally and the bearish trend happened since last year and this is the time for bitcoin to jump again. There will be the last jump on bitcoin and as you can see that the third waves when you're taking the all time chart of bitcoin. Bitcoin is in preparation to go to the moon again. The best time to enter in the market already passed and this is the time to make some profit from bullish market as some coins are doing big rebound

[glendall]

not to be applied ,all back to your decision,
red is the right time to buy where if it's right on target you can get a lot of profit later, for the short term I think you can already enter the purchase of your favorite coin, the market movement is quite significant so that it can provide profits

[sheenshane]

.... 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.

It's nice to see some greens but I would still be careful buying any altcoins at this point since I have limited funds.  Wait for a few more days but I guess that's still up to you if you have extra cash available.

I tend to agree with this, altcoins are quite risky to invest especially those who didn't in the top 100 in the CMC in the highest volume.
Anytime could be a good time to buy altcoins or Bitcoin, there's no time frame for that, when saw altcoins have corrections (those top 100), just grab it because there will be a chance and potentially gaining profit when it will go up again.

Be careful investing in altcoins because they aren't good at investing in the short term, anytime they will crash depend on what altcoin you have chosen.
Instead of altcoins, Bitcoin would be better because as we can see, Bitcoin prices swing altogether with altcoin, which means it almost tied up the price.

[Kelvinid]

Perhaps, that was what people are doing now. Buying the dip is somewhat in the plan and we take this opportunity before the recovery starts. That is why we have to spare money as a reserved as for the moment that dip is about to strike, we can slip on it and take advantage. 

60% for Bitcoin while 40% for altcoins. I think that was the best thing to do and not just to focus on Bitcoin or altcoins. it was best to spread our investment so we can make recovery once the investment will fail. "Don't put all the Eggs in One Basket".

[chaser15]

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.

There are always concerns when BTC is in a bearish state. We just have to be used on it since after those numerous bearish trends that Bitcoin experiences, on what trend mostly it goes later on? If it's time to enter the market, I can say yes as every dip is an opportunity regardless if after we buy, more dip happened the next day.

Let's not be bored with the current correction. It's a great chance, not the worst trend to consider.

[JeffBrad12]

You just saw it so you know what will be happening. So many traders are still creating non sense speculation if the price of bitcoin will go even deeper than the current rate. Im still waiting until bitcoin can break 44k and then it will be confirming if the bullish chart will be happening again soon. The best time to enter in the market was when the market turns to be bearish and probable last week has become the best time to enter the market. If you wanna short the market and this time is the best time. The upward will be happening very soon. So many people are feeling good with a small jump that happens with bitcoin. I do believe bitcoin has reached its new bottom again.

[stomachgrowls]

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.

There are always concerns when BTC is in a bearish state. We just have to be used on it since after those numerous bearish trends that Bitcoin experiences, on what trend mostly it goes later on? If it's time to enter the market, I can say yes as every dip is an opportunity regardless if after we buy, more dip happened the next day.

Let's not be bored with the current correction. It's a great chance, not the worst trend to consider.

We are always in concern whenever Bitcoin do make out some movement specially in bearish side.We would really fear out that this might be the over of this market on where most newbies do think off.

Time to enter or would wait up even further? There could only be two possible paths to take which is to dump or pump and this is where experience would vary on each person because

not all would really be that good on handing volatility specially with trading or investment.Entering would depend on your own decision.

[GreatArkansas]

You should need to consider a lot of things of buying altcoins these days,
especially the category of these altcoins.
So for me, recently it seems the protocol altcoins started to pump or most them are Ethereum alternative,
Fantom, Matic, Avax, Atom, and now NEAR. Most of them are similar, it seems L1/L2 Ethereum alternative started already, look also about how Solana did last year.

[Rengga Jati]

Even though we all don't know whether this is the last dip or not. But for sure, if you want to buy now, make sure you know how long you will hold the coin for a certain period of time, not immediately. Because once again, the current market is sometimes very surprising and even we may feel like we will lose our money because the price continues to fall.
But here, we must understand what risks we can accept, so it's not just about profits. but the risk must also be considered. And here we need to manage our money by buying gradually it may be better than going all in at one time. This is to anticipate the aftershocks so that the price continues to drop.

[lalabotax]

-snip-

If you are confident that it is the beginning of the next rally of the bullish, it is okay to buy some altcoins now. But you don't set for a long term holding, better to buy for a short term holding. Who knows there will be an altcoin season in the near future? But remember that there will be a bearish phase soon. So, if you think the profits are quite good, you are better to sell soon your altcoins.

[maju69]

As long as you see it's the right time to buy it, I suggest buying the one you like, be sure of yourself and don't hesitate. There are many options in altcoins, it depends on which one you want to buy.
I see some altcoins will start to recover in the near future, although there are some that I doubt, it depends on our analysis. Don't miss your chance.

[Valak]

I started buying some altcoin this week, I think this is a good opportunity, especially now that the price is discounted.. dyor