Time to reinvest into Altcoins?

[bhadz]

Some alts have already made their pump after the pump bitcoin made. But if you're worrying with such traps, this is likely the time to think about it.
Because by having that worry with the bull trap, you're not yet decided to buy. Even if there's one or none but you're decided, you will buy no matter what the situation is.

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[Fredomago]

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

I did mention this in the earlier post. Yes Bitcoin's price is growing up in the last few days. Seems the correction is getting over. As always, Altcoins will follow back Bitcoin. Hope to see a raise in altcoins as well in few days. So invest as much as one can on the best altcoins you analyse and prefer. Yes, go for long term investment on altcoin as well. This would indeed bring in more profits like that of investing in Bitcoin and gaining profits.

That might happen so better to sort all your target project and pick the right assets to invest your money, it's hard though as you needed to really focus with the development of the project to see the potential and not to quickly invest,it can lead you losing your money if you are not careful with choosing your asset.

Make sure to analyze and assess every possible opportunity while the market is still in the pace of trying to move up..

[topbitcoin]

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

If it is the right time so it will be no problem to buy altcoin. I mean some coins that OP mention is a potential coin and something like dead coin have to  be last thing that we should be worry. But if only bulltrap, if we must hold longer then it is not a big problem then.

[ven7net]

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

Indeed, over the past few days, we have seen a rise in prices for both BTC and many altcoins, but is it really necessary to buy on a rise in price? I believe that a good time to buy was just those few days ago when the market decline turned to growth. Now, many cryptocurrencies have already shown a good increase in their prices, and as you rightly noted, what if the growth is again replaced by a fall and this will be a trap. Oddly enough, anything can happen in the crypto market, so now it’s hard to say what to do, but one thing is for sure, now prices for cryptocurrencies are even lower than their previous ATH, which means that for those who believe in growth, it makes sense to buy cryptocurrency now .

[Synerggy]

I'm still not confused that now is the good time to start buying altcoins, ETH is back at 3000+ which is a good thing and BTC is over 40k once again but still this haven't erase that same fact of mine that bear market isn't even here yet and the best time to buy coins is in bear market.

[stadus]

I'm still not confused that now is the good time to start buying altcoins, ETH is back at 3000+ which is a good thing and BTC is over 40k once again but still this haven't erase that same fact of mine that bear market isn't even here yet and the best time to buy coins is in bear market.

Regardless of what season we have at the present, but as long as we can see altcoins are still in dips, that will create a good opportunity to buy. Especially that bitcoin is starting to show signs of recovery, if this will continue after a couple of weeks, then we can say that this is not a bull trap anymore but we are hitting the road for another bull run. So altcoins will also be greatly influenced by bitcoin price surge, that makes it a good time to invest right now while their prices are still affordable. But DYOR first on the potential altcoins to invest, and invest on the amount you can afford to lose.

[Baofeng]

I'm still not confused that now is the good time to start buying altcoins, ETH is back at 3000+ which is a good thing and BTC is over 40k once again but still this haven't erase that same fact of mine that bear market isn't even here yet and the best time to buy coins is in bear market.

I'm not sure what's the lowest low of ETH during the 3rd week of November up to this point. But during that time, bitcoin goes down to $32k, so that is the best time to buy. I will speculate that ETH might be like $2500 or less than time, so this is also a great time to buy. Nevertheless, anyone can test the waters by buying today and then see how it goes for you. If the price goes down then you can buy more. And I will say that we are still in the best market for now even though we had a good spike in the last 2 days.

[Naficopa]

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

Altcoins lost a lot during the recent correction of Bitcoin price. It can be seen that there is a great potential that when the Bitcoin price rises to $50k, the real altcoin season may finally begin. However, we still have to wait a little longer, because it may turn out that the current gains are only a bull trap.

[Captain Corporate]

Some alts have already made their pump after the pump bitcoin made. But if you're worrying with such traps, this is likely the time to think about it.
Because by having that worry with the bull trap, you're not yet decided to buy. Even if there's one or none but you're decided, you will buy no matter what the situation is.

 You could always leverage yourself against a drop. I know "leverage" is considered a different word here, a trading method but I meant like "setup a defensive system" basically. How? You could simply just put %10 of your cash into crypto right now, and distribute it into 5 different coins. 2 days later you could do the same, and then again and then again. That would take you 20 days. A lot of things may change in 20 days, but you would see if it is going up or not during that period. If it goes up then you are in luck, if it doesn't go up then you could at least make a profit by buying a bit lower. Can't say if it will work, but at least it is a defensive method.

[Jaered]

I don't know about that. I don't think so. The market sentiment is not entirely bullish and some of the bears are still about. I'm doing some investment but not in huge amounts. Some of my assets are in stablecoins

[KennyR]

Bitcoin have crossed $42500. More altcoins have moved on the bullish side. In specific Shiba have a spike of 22% growth. Users who reinvested on altcoins a week ago will be getting good profit, because the marketcap growth is slowly rising as a result of the altcoins bullish move than the bitcoin. Though there is some signs of altcoin season, nothing is assured for now. However it is good to understand the market sentiment and move.

[shawon01]

I do not see the steps taken here as wrong.  The reason I see that is because the price of Bitcoin can now fall to 46k.  And if the price of Bitcoin does not increase then the price of this lot coin will not increase so I think everyone behind Altcoins price increase now depends on the price of Bitcoin.

[Oneandpure]

Bitcoin have crossed $42500. More altcoins have moved on the bullish side. In specific Shiba have a spike of 22% growth. Users who reinvested on altcoins a week ago will be getting good profit, because the marketcap growth is slowly rising as a result of the altcoins bullish move than the bitcoin. Though there is some signs of altcoin season, nothing is assured for now. However it is good to understand the market sentiment and move.

I still holding AXS coin trough buy back when bitcoin crash under $36,000 I got moment with AXS dump and my order filled with AXS price $45, I am so lucky and most happy today because AXS have reached above $72 and keep holding still stake because with AXS coin give 100% APR. Right now many altcoin as potential back to higher price and looks BTC wake up give great opportunity for altcoin get to top price, maybe I can recommended with other coin like BNB still have lower price on $400 and you can collected with LTC before pumping above $200.

[deean_3one]

Yes, I think now is the right time to re-invest altcoins. Falling prices make it easier for us to buy and invest. However, don't forget to predict the best coins to invest in.

[KaliLinux]

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

As the saying goes, "Be fearful when others are greedy and be greedy when others are fearful" I however understand why you would want to be fearful whether the market might go down some more but for me when you think of INVESTMENT for a longer time, I believe that now is a good time to invest as long as you are choosing the right projects, BNB along with some are my long time Alts investments.  

[Slow death]

I agree with what you said this is a good time to buy altcoins after a few weeks ago btc and altcoins fell quite deep and today the market is getting better I think the market will be back up in the next few weeks.

well if we look at the current market condition we can see that we are in an area where the price can fall a lot or it can go up a lot, this is different from last week where the market was very low so it was a good chance of buying, I don't know if it would be a good chance of buy at the current price, in mine opinion it is riskier to buy in this current area

[judaspriest]

I agree with what you said this is a good time to buy altcoins after a few weeks ago btc and altcoins fell quite deep and today the market is getting better I think the market will be back up in the next few weeks.

well if we look at the current market condition we can see that we are in an area where the price can fall a lot or it can go up a lot, this is different from last week where the market was very low so it was a good chance of buying, I don't know if it would be a good chance of buy at the current price, in mine opinion it is riskier to buy in this current area

However, we need to be patient and wait first apart from that with the current market conditions to continue to do analysis and research before making a decision,
Most importantly, don't be in a hurry to make a decision because it's very risky

[DonFacundo]

Yes this is the right time to buy some altcoins because the market is in good condition, it is starting to recover especially bitcoin. I don't think if this is another bull trap it seems this market will go bullish but if bull trap happens then you should keep holding your coins and buy the dip again.

[molsewid]

The market continues to grow and this is a positive sign that a bull run is imminent, reinvesting again is the right decision, and this makes me happy because many of my assets have returned to normal, I hope April can skyrocket again like 2021 so we have to hurry buy from now.

Yeah it is and I hope that a green candle all over will continue and finally cryptocurrencies like altcoins recovered finally from a recent market price correction. This time is a good sign that would going to give a positive hope to every altcoin hodlers who used to invest in altcoins and yes definitely this is also a good time to reinvest. But of course, still be careful which one would you like to reinvest and still perform your own research about it.

[glendall]

I don't think there are any pitfalls in investing if we take top coins, I see you've picked up the right coins, hopefully there won't be any traps and you can get more profit this year, if you haven't held back enough until the bullrun
if you invest in SOL, ICP, and ADA I am more interested in BNB, and XLM