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Author Topic: Is it time to enter the market and buy altcoins?  (Read 499 times)
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January 12, 2022, 12:07:42 PM
 #41

Whenever you feel to then just buy.
Just kidding. At least enter the market when all or most of the altcoins are in red like what happened few days ago.

TBH, there might be a chance that it will go below $40,000 but it seems that there are many buyers at that price because it is the psychological support. Just look at the market and if Bitcoin goes down to $40,000 that is another opportunity for you to buy but right now, I think entering the market and buy some altcoins is a good decision short to mid term. The risk is low compare to the rewards you will get if it goes up and rebounds. For sure, there are some investors out there who accumulated some Bitcoins and Altcoins last week Smiley.

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January 12, 2022, 12:41:22 PM
 #42

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.

Yes you're right. I've also read one quote that is "keep buying when everyone else is selling." This is a fact in the trading world, if you want to make a profit then buying when the price is falling is the right time. and now is a good time to do that. bitcoin distance is quite far from the latest ATH. the market is also in a sideways period these past few weeks. and most importantly even though things are not so good, the hype for crypto remains at a high level.

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January 12, 2022, 12:58:05 PM
 #43

The bear market was just confirmed a few days ago. I think it's too soon to decide to go back to the market now, I want to wait at least another two months to see if the market starts to stabilize or will still continue to fall.

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January 12, 2022, 01:21:31 PM
 #44

ftp://
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 I tell you yes it is the right time then what will you do? buy altcoin with all of your money? then stop right now and listen crypto market is evolving and we are still so early in the market. So the earlier is the better. But it doesn't mean you will put all of your money right now. The Crypto market moves in wave-like ups and downs. So you will get many chances to buy low. So buy some and wait for more dip.

Look what saylor does. He is accumulating BTC from 2020 and still doing that. That is how you invest in crypto. Slowly but on a regular basis before the whole world jumps into it.
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January 12, 2022, 01:27:03 PM
 #45

The bear market was just confirmed a few days ago. I think it's too soon to decide to go back to the market now, I want to wait at least another two months to see if the market starts to stabilize or will still continue to fall.

I don't agree, the current trend is still pretty good. the bear market is still quite far away for now. and if you want to trade short term buying anytime will not be a problem. so first determine what you want to choose short term or long term. if we talk about the long term, now is not the right time. arguably this is the worst time because the market is not clear. it is difficult to predict when there are many false signals in the market which indicates the market is looking fine.

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January 12, 2022, 01:28:08 PM
 #46

Don't ever doubt the market situation as long as your mindset doesn't become instant rich, always use the DCA method, especially in market situations that tend to be bearish and never go all-in if you can't afford to lose your money. there are many altcoins that have the potential to be invested, so start walking and don't be afraid the market will return to normal

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January 12, 2022, 01:54:46 PM
 #47

The bear market was just confirmed a few days ago. I think it's too soon to decide to go back to the market now, I want to wait at least another two months to see if the market starts to stabilize or will still continue to fall.
Now try to look at the market and feel if it has started to improve with a few percent increase because I just saw it and hopefully the market can continue to improve from now on with no further declines.
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January 12, 2022, 02:02:11 PM
 #48

I think we just entered a bear market, not even I see any reliable movement of indicators or candles if the market goes back up. I prefer to wait until the right time to enter, yes maybe the time is very difficult to determine, but if on the telegram channel start hype I'm sure it's time.
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January 12, 2022, 02:07:34 PM
 #49

Don't ever doubt the market situation as long as your mindset doesn't become instant rich, always use the DCA method, especially in market situations that tend to be bearish and never go all-in if you can't afford to lose your money. there are many altcoins that have the potential to be invested, so start walking and don't be afraid the market will return to normal
Such having strong minds never fail, it gonna be close to success. I think we need to build such kind of attitude and to look the market potentials rather than being worried about the future. it is very likely to see a declining trend of the market and that is really our opportunity instead. But you are right, analysis must be done first before we step forward just to make sure that we are moving on the right path, not the wrong one.

It has to be said that "if we have some guts, why not?"

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January 12, 2022, 02:41:11 PM
 #50

The bear market is a trend at the moment, Actually we can already get into the coins we like but, don't invest everything, because we just entered the bear market. I'm sure the bull market will happen long enough if you look at the history before.

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January 12, 2022, 03:41:54 PM
 #51

I think we just entered a bear market, not even I see any reliable movement of indicators or candles if the market goes back up. I prefer to wait until the right time to enter, yes maybe the time is very difficult to determine, but if on the telegram channel start hype I'm sure it's time.
Telegram channel's hype to determine about the bottom of altcoin markets? Must be an unique approach that I have not heard about in my 5 to 6 years of altcoin experiences. How accurate you could get into bottom prices of altcoins by following this method? Have tried the same by 2017/2018 bull/bear market?

I guess if you include more information on this then I guess many people will get benefited out of that. I request you to add more information on this so that it would be beneficial to you as well because when more people start buying then that will create the trend change for sure.

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January 12, 2022, 03:53:20 PM
 #52

Yes, actually the price of crypto is already too cheap for now, buying some coins for the short term or until getting a green candle is quite a gain because there has been no news of the bear market ending, but we see some coins starting to rise today. Have you bought your favorite coins?

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January 12, 2022, 04:12:29 PM
 #53

I think it's too early to say this is the start of bullrun in 2022 as Bitcoin is still hovering between $41K-$42K this week.
Altcoins also haven't shown significant movement this week either, there are only a few Alt pumps in the 5%-12% range, and that's not a normal movement, but because of a good promotion from the Dev.
I think the start of the Bullrun is in the $46K price range, it could be a little below or a bit above, this is my opinion from the results of my personal analysis, we will see the real result soon.
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January 12, 2022, 04:15:59 PM
 #54

Yes, actually the price of crypto is already too cheap for now, buying some coins for the short term or until getting a green candle is quite a gain because there has been no news of the bear market ending, but we see some coins starting to rise today. Have you bought your favorite coins?

It's just a one day bullish and i think there will be following bear move in the next few months before the bull season.
The crypto market need a really positive big news to create a long bull run just like last year, it could be triggered by metaverse development or other somthing hype that could hook new investors
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January 12, 2022, 05:07:25 PM
 #55

Market is not stable now. You should wait some more days to enter for buying altcoins. If the price falls down quickly then you should wait more and if the price starts to rise then you can easily invest on potential altcoins.
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January 12, 2022, 08:34:31 PM
 #56

This is a controversial topic in my opinion. Because you should not enter altcoins in every market conditions. For this, first of all, it is necessary to follow the movements of bitcoin very well. Because when bitcoin goes down, altcoins go down. When Bitcoin is on the rise, it falls even more. In such a market, I would recommend entering stable altcoins. Because it constantly goes back and forth on the same band and leaves a good profit with the opportunity to buy and sell at least 7 8 times. But the more negative the market is, the more likely you are to make money. Because in the negative period, everyone is looking for escape, so you can collect crypto money cheaply.
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January 12, 2022, 08:38:50 PM
 #57

I guess the holidays were end and bearish market too! So I am sure soon we will see raising all currencies!

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January 12, 2022, 09:52:35 PM
 #58

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.
Definitely a great time to pick up some coins. I know that not all of us have stablecoins stashed aside waiting to use them. However I have to say that it is clear to me how we are doing something that is dangerously great and at the same time terribly risky whenever we put our own money into crypto and take a huge risk, and I do not mean like savings and all, I mean literally money that we are risking and need.

It is always said that if you can't afford to lose that money, then you should not invest with it. However unless you are putting up your rent or something, it is clear that you would have spent that money and you could have still lived without it if you invested. I probably have like 200 bucks every month that I could put aside, which is a huge amount in my nation, but I usually spend it, save like 50 to 100 each month depending on the month.

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January 12, 2022, 11:07:18 PM
 #59

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.

On my own perspectives it's good to enter right now, but make sure to it that you won't fall so bad when there's a huge pump. Grab instantly the chance to take profit and do it within an averaging period of time. Don't rush to take your gains, initiate a percentage in order to avoid regrets. Buying altcoins that has stable trading volume should be observed.


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jossiel
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January 12, 2022, 11:55:23 PM
 #60

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.

However their method can also be an example so that they do not feel a loss when the market is down.
Because not everyone has the same principle, sometimes they are afraid of losses so they buy when the normal market returns even though we know if there is a drastic decline it is right for us to buy these coins so that when the price recovers then our profits can be 2  x fold like what I have done in 2021 ago.
That's trying to be sure of.

They just want to make sure that whenever they sell, the market is still upright. That's the strategy that they're doing and if that's effective to them, they just leave it there.

But to those wise investors, they buy regardless of the situation but still, they're at their best when the market is experiencing a dip and that's always the best time for them to buy.

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