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Author Topic: Time to collect altcoins now or later?  (Read 1422 times)
Justin999 (OP)
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August 17, 2023, 10:58:55 PM
 #1

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result

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August 18, 2023, 12:00:53 AM
 #2

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result

Altcoin market has been suffering huge dump due to the bitcoin. You shall always remember this buy at the red and sell at the green. Never try to buy at green if you don't wanna face loss for your investment. It's right decision to get some coins during the bearish trend like this. Altcoin may able to recover later. So many predictions said bitcoin will be suffering another dump before it will able to break 31k resistance. I have been buying some altcoins but remember to spread it into the various price to decrease the risk to be dumped even lower. It surprises me how bitcoin gets dumped 8% in minutes. It will be stupid enough if you were buying at the top and sell at the bottom. Use your sense. Buy at the dump is always profitable once the market gonna recover soon. Dump is a common thing in the crypto and it will never dump forever.

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August 18, 2023, 04:05:05 AM
 #3

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result

At the moment you just wait and watch. It is expected that the market is going for another correction, so the altcoin market might dip further if you want to invest, wait for a couple of months.
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August 18, 2023, 05:47:38 AM
 #4

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result

If you are investing in altcoins, here are a few things to keep in mind:

1. Lont-term perspective and value.
2. Market sentiment.
3. Risk Management.
4. Balancing portfolio.
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August 18, 2023, 06:36:31 AM
 #5

We don't know if there's been a follow-up dips or not, but if your goal is to hold off in the long term, it sounds like starting now wouldn't be such a bad idea. the market will always be confusing, and you will always be weighing when to enter. However, if you really believe, you just need to choose a good and popular coin, then hold on to it in the long term. you can start now. but, if you are still in doubt, you can analyze how the chart is moving at the moment, but I think it will always change.


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August 18, 2023, 06:48:10 AM
 #6

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
When it comes to investing you need to know what kind of coins you want to buy and at what price you want to buy them, right now due to the generalized dump the market is suffering I would consider this a good opportunity to grab some good altcoins for a discount, however you need to be careful if you are thinking on investing in new coins, as these are the perfect market conditions which can lead to a great deal of them to disappear from one day to the other.
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August 18, 2023, 01:32:31 PM
 #7

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
Well, the price is moving up and down but in order to avoid confusion, better consider focusing on altcoins that has a use case rather than looking for gems. We usually got intimidated by the price movement and eventually change our minds but that is normal, we can't change the volatility of the market. The best thing to do is to trust those coins that you think will pump during the bull season and give you a profit. Because if you let your emotions control your mind, the more you become stressful thinking about your investment plan and ended up with nothing.

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August 18, 2023, 03:54:02 PM
 #8

Why don't you collect more bitcoins than you collect altcoins?
Of course, it will be more profitable if you collect bitcoins because you collect altcoins, which means you have to analyze one by one, and it takes more time to find the coins.
Another dump may come after this, especially since bitcoin's current state is still underwhelming.
So you better be careful in choosing the altcoin, and this is not easy, but it's up to you.
You can choose a list of the top 50 coins to analyze so that you are not too confused about choosing the coins.
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August 18, 2023, 04:28:53 PM
 #9

It is definitely the time to collect as much as you possibly can. It is going to be profitable and you should do it no matter how you do it. I know that it is going to take a while and it will not be that simple but you are going to make a great profit from it for sure. This should mean that you are going to make some return that would be lovely and should be used without a doubt.

I think it should be another important thing to see that we are going to see the bull run soon enough, and we should be making a profit when the time comes so in order for that to happen we need to get them now. It is already low, the market is in the red, which means that green is right around the corner so buying right now will be great.

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August 18, 2023, 04:52:53 PM
 #10

I brought some ARB and CRO. May be they will dump in future but thought to invest 200$ for both of these. Just brought because I think they have good future in next bull run. May be I will  be wrong nut who knows  Undecided

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August 18, 2023, 06:16:59 PM
 #11

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
From the past market cycle I've been on. I'm confident to say that bear market is the perfect time to buy altcoins. If you are concern about getting the maximum possible profit that you can get, you can try doing DCA on the token you like. Majority of the top coins will rise and become relevant to the next bull market. I personally slowly collecting coins in my wallet and I plan to sell it on the bull market since I know I can profit from it. If you plan on getting short term profit, this is the time you need to do charting.
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August 18, 2023, 07:15:01 PM
 #12

I brought some ARB and CRO. May be they will dump in future but thought to invest 200$ for both of these. Just brought because I think they have good future in next bull run. May be I will  be wrong nut who knows  Undecided
The altcoins you researched were good but I don't know if you ever bought them. Also, Arb and cro both will increase further in future from the current price but if the bull market comes back then the price will be easy to increase. However op altcoins is trying to build a mountain of investment and he wants to buy when the bull market comes. Otherwise you research and chart which would be the best investment. Our preferred coins are different so not all coins will be right for you to buy so invest in the one that is within your capital range.
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August 18, 2023, 07:52:40 PM
 #13

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
IT ALL DEPENDS ON YOU!

When it comes to investment decisions then always depend or mind off with your own choices and preference and dont listen up on others suggestion so that it wont really be leaving you
on regrets on the time that decisions had been made do comes on your own and not theirs. 10% movement in a day wont really be that shocking anymore and there are even coins that moves even more at % price.

Once of the main risks that you would really be facing on this crypto space is that you wont really be putting yourself some assurance whether you are dealing with top coins or altcoins in the market.
Price and value would really be remaining to be speculative on which means that there's no way on knowing that future lies ahead and this is why we should really be careful on making investment.
On personal views and opinion on the current market situation we do have now is that it is really that not a bad idea on taking up some entries on the current prices which i could
see that it is really that low or in reds. This is usually the time the best time to buy when the community or people are really that somewhat in fear.
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August 18, 2023, 08:42:51 PM
 #14

Price will pump and dump anything in crypto market and thats normal. Don't afraid of such thing as we could never stop such volatility tonbe happened but yes, we can buy altcoins this time with more cheap price and that will be good decision. You are seeing dump but potential altcoins will always recover their price within short time or later! Now the fact is, start analysis and try to find out nearest dip where you can make a entry to buy altcoins. Although its upto you as money is yours

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August 18, 2023, 09:20:21 PM
 #15

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
This could be a good idea since good altcoins will pump as well along with the other projects.
Diversification is the key and you must do this all the time, just hold good altcoins so you can have your peace of mind in the next bull run. The market dumps again, wait for the bottom before you buy or at least do DCA.

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August 18, 2023, 09:47:52 PM
 #16

But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not?
I think it is the right time to collect more altcoins, we rarely experience a huge dump like this. We almost end the second year of bearish season, in 2024 is likely the beginning of bullish season because we will have BTC halving. So, I think you will regret it if you postponed to buy altcoins. The prices of altcoins will follow Bitcoin, they are dropping because BTC price decreased a lot now. But they may skyrocket in the next few months due to the hype of BTC halving.


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August 19, 2023, 03:51:59 AM
 #17

Right time for collecting more altcoin now because price have been dropped effect bad issues from Watchguru twitter tweet about Elon Musk selling his bitcoin investment around 2021/22. I have several list altcoin have been added in my portfolio for long term investment, LTC, BNB, ETH and have planning with accumulate several potential altcoin from matic and XRP.
Don't waiting for tomorrow or next time Bitcoin drop again to invest in many kinds altcoin, today still in great moment for investing and but many potential coins are in lower price or late to get great opportunity behind several altcoin have touched lower price.

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WatChe
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August 19, 2023, 12:03:42 PM
 #18

With Bitcoin going down its very much obvious that Alts too will go down. You cant expect that Bitcoin is down and alts are up and vice versa. Having said that if you are planning to buy Alts right now then its good time to accumulate alts but the solid one like Eth. Bitcoin dip has not settled yet and we need to wait for this dip to settle before making any buying decision. The more bitcoin goes down more alt will go down.
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August 19, 2023, 12:40:00 PM
 #19

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? 
Collect Bitcoin.

Or another dump will be coming before bull run?
Just think of it that at any time more bears will come prior to the halving next year and expect the opposite afterwards.

Should i postponed my invest or not?
Only you have the thoughts to answer that question and decision of yours. If you think that this season ain't for you to buy then stop but if you think that we're in a sale and you want to have a chunk of it more then buy.

I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
This is more of an Altcoins Discussions since you're asking what coins to buy.

ZAINmalik75
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August 19, 2023, 07:28:11 PM
 #20

So is it really right to collect altcoins?  Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict!  And I'll go with the most predicted result
Recent unexpected and sudden dump of Bitcoin really effect entire altCoins prices, most of them dump hard and yeh that was opportunity to take some small bite of altCoins accumulation, and still possible chance of more dump again as because according to some decent technical Analyst before we ahead to bull run few dump will necessary to happen, and may be we can get a Bitcoin support level at 21k around. So you can buy small amount now and then some amount at below 25k too.
So the best possible solution is to try coin accumulation via DCA, because here is nothing to worry and due to such solutions it will reduce your losses and you will not miss any critical opportunity to buy some bunch of coins,

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