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Author Topic: Is it good time for alts  (Read 3829 times)
AnonBitCoiner
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August 20, 2022, 04:27:19 PM
Last edit: August 25, 2022, 04:29:18 PM by AnonBitCoiner
 #281

Not sure but the market is looking like it will grow so you can make investments in a secure project. means Eth BNB sol dot xrp etc. These token are safe and I think if anybody want to invest in these mentioned coins then it's good time to buy



 

 

 

 

 

 


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August 20, 2022, 05:14:52 PM
 #282

I think now is not the right time to buy altcoins because at this time many altcoins have experienced high declines and many people have lost very high assets.. so I think the right time to buy altcoins is in the next few months, and I'm sure to this year will experience a bull market, maybe at the end of the year. and choose an altcoin that is really worth investing in and choose an altcoin that has a long-term vision. so that it can help you get profits in the future when the bull market comes.
We need to wait for market signals until the end of this month or even next month, because the market couldn't break through the recovery movement reaching $25k in the last few days, so the market fails to hold on to the $20k area in the coming week then the downside price will touch $17k and hopefully we no longer see the price lower than the previous price.

It is not a good time to invest in altcoins at this time, as bitcoin may continue to decline at any time. In a bear market, we better just focus on bitcoin and ethereum would be more suitable. In case the market continues to decline, only these 2 coins are always likely to rise again, while other altcoins are harder to predict. Investing in altcoins should only be considered when the market really has positive and clear signs for a bull market.

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August 20, 2022, 11:07:51 PM
 #283

Bitcoin started to dump again after a bad news spread against Bitcoin recently . So all altcoin prices started falling along with Bitcoin . so i think now we should stop investment in any coins . Because it is impossible to predict which direction the market may go now . so i mean this is not good time to invest your money on cryptocurrency . hold your fiat assets now
The market could potentially drop below $20k next week so it's better to hold fiat or stable coins, but if instead the market is still holding $20k in the next few weeks then I will buy DCA for altcoins, as the market will be going higher for the beginning of next year.
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August 20, 2022, 11:27:19 PM
 #284

Bitcoin started to dump again after a bad news spread against Bitcoin recently . So all altcoin prices started falling along with Bitcoin . so i think now we should stop investment in any coins . Because it is impossible to predict which direction the market may go now . so i mean this is not good time to invest your money on cryptocurrency . hold your fiat assets now
The market could potentially drop below $20k next week so it's better to hold fiat or stable coins, but if instead the market is still holding $20k in the next few weeks then I will buy DCA for altcoins, as the market will be going higher for the beginning of next year.
According to my personal TA, I can see that we can fall bellow 14-12k if this trend continues and possibly 9800 to 10k'ish at max. So I also prefer to have it on stable coins first until we hit that spots. It's my personal TA so I guess don't trust it lol. If you are doing DCA, the price dump wont be much of a problem, just continue to follow your strategy.
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August 22, 2022, 03:40:48 AM
 #285

I buy more often when there is a decline like what is happening now. and the purchased alt coins must have the potential to increase because there will be an event coming soon. like the ADA coin which will soon have good news. as well as ETH.
buying little by little on every drop is what I usually do. because if you have to wait for a bull market to come. then it won't be coming anytime soon. I think the market will be sideways in a few months. i.e. BTC will fluctuate from tens of thousands ($15k-17k) to 21k - 30k). and repeated. DYOR.

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Lantind
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August 22, 2022, 04:35:22 AM
 #286

No one can be sure which direction the market is in, we will never be able to analyze it much more correctly, what we see is only a small part of the market journey for all existing coins, the rest just follows the conditions that occur by themselves, but the question is to what extent we are able to take steps in carrying out the investments we make, market moments and conditions can be followed according to market reactions, which altcoin you want to be involved in, it really depends on understanding and readiness to start

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August 22, 2022, 05:04:37 AM
 #287

This is the best time to invest on Alt-coins, mostly on the long run holding, and the market is really fluctuating which the Bull Run may take place any moment and buying on the alt-coin, the entering price matter a lot, because what determine the value returns in profits or lost.
Although it is always better to buy altcoins at the lowest possible prices, they do not have the best time during such a period and a significant part of them leave the market forever during the crypto winter. Therefore, you need to carefully choose the objects for your own investment, so that after a while they do not depreciate or even leave the market. . Of course, high-cap altcoins are the least risky to invest in, but they do not always give good returns. Here we need to choose depending on our knowledge of this market, the ability to pay a lot of attention to it and financial opportunities.

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August 22, 2022, 07:00:18 AM
 #288

Not sure but the market is looking like it will grow so you can make investments in a secure project. means Eth BNB sol dot xrp etc.
Besides Bitcoin, the value of almost all types of coins has come down. Some coins have even dropped as much as 99% from their ATH. Now this is the right time to invest in altcoins. But in that case you must select some coins. Those are able to give you returns. And you have to find out all those projects after researching in different ways. If there is any confusion then definitely invest in Ether, BnB or Polygon.

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August 22, 2022, 07:10:50 AM
 #289

Not sure but the market is looking like it will grow so you can make investments in a secure project. means Eth BNB sol dot xrp etc.
Besides Bitcoin, the value of almost all types of coins has come down. Some coins have even dropped as much as 99% from their ATH. Now this is the right time to invest in altcoins. But in that case you must select some coins. Those are able to give you returns. And you have to find out all those projects after researching in different ways. If there is any confusion then definitely invest in Ether, BnB or Polygon.

Looking at current prices, it can be said that this is a good time to invest in altcoins, but there is no guarantee that any coin will be able to rise again after the bear season is over.

Luna's collapse shows us that even the top coins can crash at any time, so I think only ETH, BNB should be the first choice, if you still want to add other altcoins then put them at the risk category and invest only the amount you can lose.

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August 26, 2022, 12:58:27 PM
 #290

if we have to wait for the bear market to end then we will retire for a few years.

I myself still choose to buy some altcoins that haven't broken out yet. like XRP. while ETH has already broken out so I don't dare to enter at the current price.
and in altcoins I will only hold for the medium term and release once the target is reached. choosing a high ranking altcoin is a pretty safe thing. although the risk is always there. but this is crypto. If you don't dare to take the risk then you certainly aren't here. we can only minimize the risk and absolutely can not eliminate the risk of loss.

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August 26, 2022, 01:12:38 PM
 #291

no one knows for sure about it. but everyone's analysis may be different, I can't guarantee whether after 1 year ago when buying and a few months we entered the bull market. say when we enter 2018 bear market, at least 3 years to bounce back from bull market. maybe if we buy it in waiting 1 year it means we have to wait about 2 or 3 more years. this is just my guess.
current cycle will be different will the last which is need 3 years to recover. we have more market participants from insitution and even countries that buying bitcoin due their legal standing. current bearish trend could over in next two months and bitcoin or altcoin price will start recover slowly. i am believe accumulate could start not with partial buying strategy.
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August 26, 2022, 01:54:56 PM
 #292

no one knows when the market will return to a bullish phase because at the moment the market still has great potential to go down, even if the bitcoin price drops below $19k the bitcoin price has the potential to touch $17k.
but if you invest long term and use unused money you should not really care about this problem, if you invest long term and use unused money all you have to do is buy and hold until the market returns to a bullish phase. 

ANSEL_2.0
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August 26, 2022, 02:41:45 PM
 #293

The bear market is not over yet so this is still a good time to buy, do not wait for Bitcoin to dump to 10,000$ per coin before you buy because many are wait g for this price and I doubt it will ever happen.

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