Is it time to enter the market and buy altcoins?

[Coin_trader]

Wait for a confirmation before you buy. You can always do DCA in times like this to have a better chance to catch the bottom during the price dip. It's very hard to buy and catch the actual dip so if you are persistent on buying right now. Buy in tranches so that you can minimize your loss or wait for reversal confirmation at all to have a safe buy on this crypto bloodbath

[FairUser]

We need to make things simpler before complicating things, anyway, ensuring a directory is always necessary for anyone. At this moment, the market is having a big correction when there is a very large price range, I think it will bring joy to traders in the short term, but grasping the right time to enter will bring good profit.
I think the recent signals are creating momentum for the strong growth of the market in the near future and a lot of plans with a portfolio such as the leading platforms from the market as well as the trends future direction.

[asriloni]

The bitcoin recovery is starting to happen but it needs to be confirmed again waiting for bitcoin can close the candle above the resistance. It seems like bitcoin gonna break 4k rate very soon. If this happen and it may become a good news for anyone in crypto. We can't determine whether the new rally for bitcoin already happened or not after bitcoin can stay above the point of resistance or not. I'm sure that 42k should become the main point for bitcoin to determine its direction whether bitcoin will be going up or down. So many parties are still waiting bitcoin to close its daily chart. This will be making so many people are preparing their money whether they must buy more or hodl their position until bitcoin will be surely facing another bullish trend.

[michellee]

When btc reaches $38k-$39k is the good time to enter the market because you can buy bitcoin and the altcoin you mention at a low price. But you can enter the market right now as the price has not increased too high and I see the coins you mention are still good to buy. But you need to determine by analyzing the trend before you decide to enter the market. If you think that the trend still increases, you can buy for a small amount while watching the market and buying more if the price is down for a little. Hopefully, the bitcoin price can be stable now to make altcoins have time to increase the price and give us the profit.

[Ngewex Yuk]

If you see today's market which is up more than 3% then we immediately see people saying it's too late and they will wait for the price to go down again, this is the fault of most investors who always wait and don't buy immediately, I think buying at any price we always have the opportunity to profit.

[bittraffic]

When btc reaches $38k-$39k is the good time to enter the market because you can buy bitcoin and the altcoin you mention at a low price. But you can enter the market right now as the price has not increased too high and I see the coins you mention are still good to buy. But you need to determine by analyzing the trend before you decide to enter the market. If you think that the trend still increases, you can buy for a small amount while watching the market and buying more if the price is down for a little. Hopefully, the bitcoin price can be stable now to make altcoins have time to increase the price and give us the profit.

There isn't yet the indicator that it will pump up after the recent dip. If there is a reason to believe it could go down to 30,000 it's if we are to look for the bottom of this dip. We all want the price to go up to 100,000 but I'm not seeing a good reason for the price to also go up too. The dip during march 2020 is a lot of a reason for the price to moon but the price today is just frighting holders making holders anxious but not panic sell.  

For me, it's not a good time to buy altcoins. The market is unstable still.

[Looper_U]

It thus look like a good time to buy crypto right now but we should be on look out for bull trap, before we go into bear phase there will be some deceiving recoveries in the market, invest only what you can afford to lose that's the best advice I can give

[bounceback]

Bitcoin has tried several times to crawl back to the $50k level during the downturn and so far it looks like bitcoin is having a bit of a hard time getting to that level due to the ongoing investor panic so it is very likely the market will continue to be in a downwards phase, under these conditions I personally do not recommend entering the market because it will pose a big risk.

[lienfaye]

We are still in dip (though there are signs of minor recovery) but still, its too early to say if the price wont go down further. Hence its an opportunity to buy, we'll never know how the coins will perform in the coming days but dip is always the best season to fill our bags.

Just buy the coins that you think has potential and likely to give you profit once the market turns bullish again. But keep in mind that investing has still risk regardless if the coins you hold are establish or not so better to have less expectation.

[Kasabus]

We are still in dip (though there are signs of minor recovery) but still, its too early to say if the price wont go down further. Hence its an opportunity to buy, we'll never know how the coins will perform in the coming days but dip is always the best season to fill our bags.

Just buy the coins that you think has potential and likely to give you profit once the market turns bullish again. But keep in mind that investing has still risk regardless if the coins you hold are establish or not so better to have less expectation.

Yes. This is just the perfect time to enter the market and start buying bitcoin and good altcoins. As long as the market is having a correction or prices are in dips, then its always a good time to buy those coins which we think will eventually grow after years of hodling. And take note, not all coins that are in dips are good to buy, some have definitely no chances to increase their value so they are always on the bottom. And maybe making a good research and a good analysis is still very important before you decide to jump in the market.

[Sanitough]

Bitcoin has tried several times to crawl back to the $50k level during the downturn and so far it looks like bitcoin is having a bit of a hard time getting to that level due to the ongoing investor panic so it is very likely the market will continue to be in a downwards phase, under these conditions I personally do not recommend entering the market because it will pose a big risk.

Well, it's not really good to enter in a market that is very unstable since we don't have any assurance if the next move of bitcoin will be upward or may continue its downward trend. Wait for a little while until we see another movement because that will be our guide on whether we'll start buying it now or wait another dump. Because not all dumps are always a good time to buy, if the market is definitely in a bear season, prices will certainly dump into a more lower value that marks the best time to buy.

[fvb]

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.

This is exactly what I do. At the moment I am buying various altcoins in which I myself believe. As much as my free capital allows.

[diamond_shine1]

This is a great time to get into the market and buy some altcoins, because the average bitcoin and altcoin prices have fallen by 40%-50%, and this is a very good moment to buy.

[Shasha80]

We are still in dip (though there are signs of minor recovery) but still, its too early to say if the price wont go down further. Hence its an opportunity to buy, we'll never know how the coins will perform in the coming days but dip is always the best season to fill our bags.

Just buy the coins that you think has potential and likely to give you profit once the market turns bullish again. But keep in mind that investing has still risk regardless if the coins you hold are establish or not so better to have less expectation.

Yes. This is just the perfect time to enter the market and start buying bitcoin and good altcoins. As long as the market is having a correction or prices are in dips, then its always a good time to buy those coins which we think will eventually grow after years of hodling. And take note, not all coins that are in dips are good to buy, some have definitely no chances to increase their value so they are always on the bottom. And maybe making a good research and a good analysis is still very important before you decide to jump in the market.

It's true that currently all coins have experienced a fairly deep price drop, so it opens up opportunities for us to enter the market and buy coins.
But as you said, not all coins are worth buying, because there are some coins that most likely won't go up in price anymore. So make sure we choose
coins that have the potential to be purchased and have a bright future, usually top coins are a priority that we should buy, because they have
a very high demand. So when the bullish trend comes, usually top coins will go up following the price of Bitcoin. Or so that we do not make
the wrong decision, we do have to do research and analysis first, to make sure our decisions are right. Don't depend on other people's opinions when
choosing coins to buy, because other people's choices are not necessarily good for us. We must learn to trust our own ability to do research and analysis.
So we have to be able to decide which coins we deserve to buy.

[Sled]

Well, that seems the way it is. We better not miss this time while the market is still in the corrections. I was thinking this will not last long and the recovery will commence.

But, we can't be in hurry. It needs to have the searches before making a risky move or else, we just lose our money. And also, choose those coins that are really promising, please don't be fooled by those projects that promise to double our investment, which never works in reality.

[bitzizzix]

Everyone will say the red is a great time to buy it, and you shouldn't be in too much of a hurry if the downturn is still ongoing or you'll do it gradually each time it goes down.
do more research before doing so so that you choose the right and profitable coin for the time you specify, and I think the top and oldest coins are the right choice for you to choose when there is a decline and when the market is moving up the top coins are always promising and will deliver good return.

[fadil46]

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

Dyor ... may I know what coins you bought this week because I see there are many coins that can be obtained at low prices, meaning that almost all coins have very good price discounts in the market this week.

[Ararbermas]

Everytime when market is down it's good to buy especially altcoin because usually they are very down as well when bitcoin is down.. But of course must pick which project is trusted to assure your investment is in a safe place.. Be aware of new projects because most of them are scam. Just pick which has good history because on that way you can assure everything will gonna be alright afterwards.

[yazher]

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.

I also preferred to buy 1 altcoin when the crypto market is in the dip to focus myself on one single coin to handle rather than diversifying it to multiple coins which will gonna make you stress if they won't increase their price once the dip market is over. I think if you handle it well and you sold your coins at the right time, you will gonna earn a decent amount of money in this current situation of the crypto market because people have been waiting for the right time to enter the market and this is the right time for that. just don't be late when everyone is selling again.

[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.

I also preferred to buy 1 altcoin when the crypto market is in the dip to focus myself on one single coin to handle rather than diversifying it to multiple coins which will gonna make you stress if they won't increase their price once the dip market is over. I think if you handle it well and you sold your coins at the right time, you will gonna earn a decent amount of money in this current situation of the crypto market because people have been waiting for the right time to enter the market and this is the right time for that. just don't be late when everyone is selling again.

When the coins we hold experience a decline, even quite low, I will not deny that it makes me feel a little panicked. But again, are we strong enough to hold on to it, or are we selling it at a loss? It depends on us. When we sell at a loss, it means we are not sure of ourselves.
Here we need to play on other altcoins, when one goes down, at least there are some assets that make us profit.