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Author Topic: Is it good time for alts  (Read 3829 times)
udidrone
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June 18, 2022, 04:34:44 PM
 #201

Bitcoin breaks resistance of $20,000. The idea is to reduce its price further. As a result, the price of all Altcoins will decrease because all Altcoins follow Bitcoin. So it is not good time for alts. Wait and see the crypto market everyday. You can buy Altcoin only when you feel that you have got the lowest point of bear market.

I have different thoughts from that
This is the first time bitcoin is below $20,000 in the past year, in general it is a good time to start buying altcoins, but due to the instability of the market in recent months, starting to buy gradually is the best solution, on the one hand taking advantage of bitcoin's down moment in the past one year and on the other hand maintain stability with phased purchases. I will start my altcoin investment portfolio since bitcoin is under $20,000.

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June 18, 2022, 09:57:47 PM
 #202

IMO, it is really difficult to predict when this current bear market will run at halt for uptrend. Just like every other investment, You can buy altcoins at your own risk. Personally, I think we have already experienced a long enough bear market, so buying a good utility altcoin is not a bad idea at this time, but you have to ensure you buy what you can afford to lose and don't put all your eggs in one basket. The bear market might continue to an unexpected length of time.                                                                                                         

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June 18, 2022, 10:23:31 PM
 #203

I don't really know the next move of the market whether it will keep going down or it will pull up again. Right now the market is down and the possibility of it going bull l is unclear. I hope to see the price of Bitcoin to go bull soon because the dip market had already play their part and the time for the upward  market should be here soon. Let's see what Bitcoin has for us in this new week coming.

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June 18, 2022, 10:40:35 PM
 #204

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?
Check the charts, projects like 0xMR and ICP are already pumping! There are a lot of good buys right now and many consider this moment the start of the next bullrun- considering cryptos have been going down in price since 2021. We already saw 200+ days of a bear market.

Because you see a coin pumping those not mean that's the end of bear market, should I just be honest with you, I believe these is just the beginning of bear market and we shouldn't be expecting bull run anytime soon. Those coins pumping might have reason why they are pumping, but bet me they are all going down and soon we will be seeing all coins will be down by - 80% including bitcoin, but these gives us opportunity to bag more coin because we are still going to experience bull run but it might take longer than we expected.

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June 18, 2022, 11:31:08 PM
 #205

No need to wait for 1-2 years, im sure if you buy right now and hold it for at least 3 years, you will get the profit.
The hardest part is when we holding, we need to have some patience to overcome this bloody market, and it is not only alts, but bitcoin as well.
No human being can ensure other people's profits in this life because it all always depends on how market conditions are so within 3 years as you said it is also not certain to be profitable because conditions of decline and increase always occur in the market and even things it happened unexpectedly.
It is true that no one can't guarantee about any token actual time for pump but It is possible to analyze the market. And some things are possible to guess. Otherwise, traders would not be able to make a profit. However, not everyone can do the analysis.  It takes a lot of talent to do a proper analysis.
Proper analysis needs better understanding about the market. As per the ongoing situation it is hard to guarantee the market movements of any altcoins. However it is good to invest on leading altcoins that are priced low.

My choice is to invest on altcoins will be good making a comparison with ethereum market decline along with the altcoins. If the ethereum decline is found lower than that of the altcoins then investing on ethereum is the right choice, if not can go for other altcoins to book the buy at the bottom.

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jeha2015
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June 18, 2022, 11:32:05 PM
 #206

I don't really know the next move of the market whether it will keep going down or it will pull up again. Right now the market is down and the possibility of it going bull l is unclear. I hope to see the price of Bitcoin to go bull soon because the dip market had already play their part and the time for the upward  market should be here soon. Let's see what Bitcoin has for us in this new week coming.
there are 2 possibility that will happen now, up and down but if we looking current price we have less risk if start buying any altcoin in dip. for long term current price was good enough no matter it will drop little more , alot altcoin in monthly support and ready to fly when bitcoin recover. current price was most waited for long time so we should not miss it.

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June 19, 2022, 08:54:37 AM
 #207

IMO, it is really difficult to predict when this current bear market will run at halt for uptrend. Just like every other investment, You can buy altcoins at your own risk. Personally, I think we have already experienced a long enough bear market, so buying a good utility altcoin is not a bad idea at this time, but you have to ensure you buy what you can afford to lose and don't put all your eggs in one basket. The bear market might continue to an unexpected length of time.                                                                                                         
Now is a good time for those who are interested in cryptocurrency but have not yet bought various assets for themselves.Now they can do it at a big discount.But those who already had savings in crypto will not be easy now, the only variation is to buy more now and wait for the market to go up.

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June 19, 2022, 11:24:14 AM
 #208


During the fall of the market many altcoins are very unstable. The most important is to choose altcoins that are useful and brings something new like https://twitter.com/defiroot/status/1531922256779157506 which allows to connect you to Defi in one ecosystem multichain

The price of gold continue to fall. Many cryptocurrencies already lost 90% of theie maximum price.
It is very difficult to say how long such situation will continue.

Now many people simply do not have money and they stop investign and sell all their assets.
Hope in the future the situation will chage and people will continue investing and markets will restore.
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June 19, 2022, 02:59:51 PM
 #209

IMO, it is really difficult to predict when this current bear market will run at halt for uptrend. Just like every other investment, You can buy altcoins at your own risk. Personally, I think we have already experienced a long enough bear market, so buying a good utility altcoin is not a bad idea at this time, but you have to ensure you buy what you can afford to lose and don't put all your eggs in one basket. The bear market might continue to an unexpected length of time.                                                                                                         
Now is a good time for those who are interested in cryptocurrency but have not yet bought various assets for themselves.Now they can do it at a big discount.But those who already had savings in crypto will not be easy now, the only variation is to buy more now and wait for the market to go up.

We have the same thought. When people think bitcoin will experience a deeper decline than today and be followed by altcoins, I still take advantage of this moment by buying some of my favorite coins slowly to maintain the balance of the funds I have prepared for investment.
I'm still wondering what caused crypto to experience such a deep decline? I'm not sure because of the bear market, maybe some news about crypto that I missed?

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June 19, 2022, 03:57:04 PM
 #210

IMO, it is really difficult to predict when this current bear market will run at halt for uptrend. Just like every other investment, You can buy altcoins at your own risk. Personally, I think we have already experienced a long enough bear market, so buying a good utility altcoin is not a bad idea at this time, but you have to ensure you buy what you can afford to lose and don't put all your eggs in one basket. The bear market might continue to an unexpected length of time.                                                                                                         
Now is a good time for those who are interested in cryptocurrency but have not yet bought various assets for themselves.Now they can do it at a big discount.But those who already had savings in crypto will not be easy now, the only variation is to buy more now and wait for the market to go up.

We have the same thought. When people think bitcoin will experience a deeper decline than today and be followed by altcoins, I still take advantage of this moment by buying some of my favorite coins slowly to maintain the balance of the funds I have prepared for investment.
I'm still wondering what caused crypto to experience such a deep decline? I'm not sure because of the bear market, maybe some news about crypto that I missed?

I'm also looking for that reason, but since crypto has this kind of volatility, there's no evidence that we can trace how the

market will move. Many investors who expect that the previous fall before $20K being break think that it is indeed the best

time to buy and wait for the quick bounce, most of them are now losing if they sell it in panics. Always have alternate plans

before doing your investment.
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June 20, 2022, 10:01:21 AM
 #211

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?


there are a lot of junk coins even if you wait up to 2 years there is no guarantee the coins you hold will be mooned.  and we don't know for sure when the market will move up to the top. 
all can only speculate. 
so if you want to buy alt, choose the one that really has a good chance and you save it as an investment

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Victorik
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June 20, 2022, 11:06:51 AM
 #212

No one knows for certain when the next bull run will come.
This is cryptocurrency, and anything can happen.
But currently, the best you can do is watch, wait and don't jump hastily into any trade, you might lose all

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i8v8i
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June 20, 2022, 12:20:08 PM
 #213


During the fall of the market many altcoins are very unstable. The most important is to choose altcoins that are useful and brings something new like https://twitter.com/defiroot/status/1531922256779157506 which allows to connect you to Defi in one ecosystem multichain

Now many people simply do not have money and they stop investign and sell all their assets.
Hope in the future the situation will chage and people will continue investing and markets will restore.

When the economic situation will change and the people will have more money for investing the cryptocurrency market will recover too because it gives many opportunities for people.
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June 20, 2022, 02:51:34 PM
 #214

You can wait for a couple of hours or days because there might be more dumps to come but waiting for 1 to 2 years, seriously? That's already long and you will miss a lot of opportunities already but anyway what event do you think is going to happen after 2 years? Is it the halving you are thinking?

But, I think that one is for btc although when btc rises, chances are that alts can follow too but will you buy when the prices are already rising? I think you can earn lesser income that way and the risk of losing is also high, if that was your strategy since after a pump, the coins can go down immediately. Buy low sell high is still the best strategy mate.
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June 20, 2022, 03:06:17 PM
 #215

You can wait for a couple of hours or days because there might be more dumps to come but waiting for 1 to 2 years, seriously? That's already long and you will miss a lot of opportunities already but anyway what event do you think is going to happen after 2 years? Is it the halving you are thinking?

But, I think that one is for btc although when btc rises, chances are that alts can follow too but will you buy when the prices are already rising? I think you can earn lesser income that way and the risk of losing is also high, if that was your strategy since after a pump, the coins can go down immediately. Buy low sell high is still the best strategy mate.
Right on, you can't predict the market, you can only DCA. I'm buying ICP and HBAR right now and Ethereum under 500 usd.
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June 20, 2022, 04:26:27 PM
 #216

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?
Check the charts, projects like 0xMR and ICP are already pumping! There are a lot of good buys right now and many consider this moment the start of the next bullrun- considering cryptos have been going down in price since 2021. We already saw 200+ days of a bear market.

Because you see a coin pumping those not mean that's the end of bear market, should I just be honest with you, I believe these is just the beginning of bear market and we shouldn't be expecting bull run anytime soon. Those coins pumping might have reason why they are pumping, but bet me they are all going down and soon we will be seeing all coins will be down by - 80% including bitcoin, but these gives us opportunity to bag more coin because we are still going to experience bull run but it might take longer than we expected.
Yup, short bound back, and correction don't mean we're out of the bear season yet. Stay away from alts if you think they are recovering from those bound back and become FOMO. Under the bear season where BTC dominated, alts bleed harder.
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June 20, 2022, 06:01:45 PM
 #217

No one knows for certain when the next bull run will come.
This is cryptocurrency, and anything can happen.
But currently, the best you can do is watch, wait and don't jump hastily into any trade, you might lose all
The crypto market is at its lowest level from the last two years. The price of bitcoin is now decrease from ATH $69,000 to $20,000. It is easy to say that cryptocurrency is now in bearish. Moreover, the condition alt coins has decreased by about (80-90)% percent in many coins. So maybe it can be a golden opportunity.There is a greater chance of getting something good by using the moment.

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June 20, 2022, 06:02:03 PM
 #218

No, time is not good for alts for now every alt is bleeding due to the decrease in the price of vtc and when the dominance of btc will increase than again alts will bleed and the main thing is the rates of alts go to moon in between these situations, well according to me, this crash is going to take the btc and alts to a new next level of moon, all we can do is to hope for best.

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June 20, 2022, 06:10:52 PM
 #219

No one knows for certain when the next bull run will come.
This is cryptocurrency, and anything can happen.
But currently, the best you can do is watch, wait and don't jump hastily into any trade, you might lose all
The crypto market is at its lowest level from the last two years. The price of bitcoin is now decrease from ATH $69,000 to $20,000. It is easy to say that cryptocurrency is now in bearish. Moreover, the condition alt coins has decreased by about (80-90)% percent in many coins. So maybe it can be a golden opportunity.There is a greater chance of getting something good by using the moment.
The market is bearish, and every altcoin have been experiencing a massive loss in its value. The price of bitcoin that reached down to $20k is fluctuating within a short limit. Now it is time to accumulate as much possible, because we don't know whether we'll get any form such opportunity. There is also some predictions that the price will go even down. Rather than waiting long, it is good to enjoy what is available.

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June 20, 2022, 08:11:31 PM
 #220

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

If we look at the story based on the bull run market, then yes. We need to wait for the next two years. However, crypto conditions now are different from a few years ago. Now many of the world's millionaires have plunged into the crypto world, and this makes the market constantly changing.

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