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Author Topic: Time to collect altcoins now or later?  (Read 1432 times)
ichsan ardi
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September 16, 2023, 06:22:41 PM
 #81

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

I don't think there's anything that should be postponed. It's better if you buy in installments from now on because there's no such thing as timing the market because we always postpone it. Do research and read the latest crypto news. Don't be fomo about anything and do your own research.

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September 16, 2023, 08:24:05 PM
 #82

I can't just expect that the market seems to prolong the time for accumulation. And to ask if it is the time to collect, indeed, we're still in good time.
Later? People must stop thinking about the bottom price because we never know when. So instead of waiting for the lowest price, why not take the chance this time?  However, we should also be careful in choosing altcoins because not all cheap coins are worth, some are shitcoins. And I would suggest to just take top altcoins and well-established projects.

The market has been moving sideways for a long time, which means this is the accumulation zone. If the market crashes from here, it won't take too much effort to recover from it. So accumulate as much as you can, but I think we still have a few months left before the market rallies again.









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September 17, 2023, 02:03:02 PM
 #83

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
There are many altcoins circulating currently, which altcoin do you want to buy?

i like your steps, which are quite careful before investing, i suggest you choose to buy altcoins whose price history is quite dependent on bitcoin price fluctuations, one of which is ethereum or bnb.  avoid buying tokens that can become playthings for speculators; including Ripple, Shiba Inu or Dogecoin.  just pay attention to the movement of the cryptocurrency market, when bitcoin is bullish, usually the altseason arrives late and when bitcoin enters a bearish moment, the altseason usually arrives.

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September 17, 2023, 05:51:36 PM
 #84

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

I think you have made the right decision, friend, manage your money well when the market is uncertain like now, but I think now is the right time to collect as many altcoins as possible, I suggest you choose altcoins that are dependent on bitcoin fluctuations such as ethereum and binance, even though the crypto market is very difficult to predict, eth and bnb are the right solution to be used as long-term investments because they have strong fundamentals in the crypto market.

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September 17, 2023, 09:51:50 PM
 #85

I don't think there's anything that should be postponed. It's better if you buy in installments from now on because there's no such thing as timing the market because we always postpone it.
If there is funds to buy altcoins, I agree it is the right time to buy. But if there are people who expect lower prices, it is their right.
The current market condition is perfect to buy, we are heading the last year of 2023. In 2024, people assume the market will start to increase because we will have BTC halving. So, what we need to wait for? This can be the last chance to buy altcoins with very low prices.

Do research and read the latest crypto news. Don't be fomo about anything and do your own research.
Of course, don't buy altcoins blindly. Do analysis or research to choose good altcoins. We mustn't follow the fomo to buy random coins although the coins are quite popular now. Always invest in crypto coins that have strong fundamentals.

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September 19, 2023, 05:02:19 AM
 #86

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
There are many altcoins circulating currently, which altcoin do you want to buy?

i like your steps, which are quite careful before investing, i suggest you choose to buy altcoins whose price history is quite dependent on bitcoin price fluctuations, one of which is ethereum or bnb.  avoid buying tokens that can become playthings for speculators; including Ripple, Shiba Inu or Dogecoin.  just pay attention to the movement of the cryptocurrency market, when bitcoin is bullish, usually the altseason arrives late and when bitcoin enters a bearish moment, the altseason usually arrives.


Ethereum and the binance coin have been the coins of preference for those that do not want to invest in bitcoin as they are looking for greater profits, however it is unclear how they will perform during the next bull run, as we know binance is now on the sights of the SEC and this could reduce its performance, something that we saw with ripple as well, and in the case of ethereum this will be the first bull run after it made its transition to a POS coin, and it is not known how will investors react to this new reality in which ETH is in and if they will support it in the same way as when it was a POW coin.



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September 19, 2023, 08:55:03 AM
 #87

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
There are many altcoins circulating currently, which altcoin do you want to buy?

i like your steps, which are quite careful before investing, i suggest you choose to buy altcoins whose price history is quite dependent on bitcoin price fluctuations, one of which is ethereum or bnb.  avoid buying tokens that can become playthings for speculators; including Ripple, Shiba Inu or Dogecoin.  just pay attention to the movement of the cryptocurrency market, when bitcoin is bullish, usually the altseason arrives late and when bitcoin enters a bearish moment, the altseason usually arrives.


Ethereum and the binance coin have been the coins of preference for those that do not want to invest in bitcoin as they are looking for greater profits, however it is unclear how they will perform during the next bull run, as we know binance is now on the sights of the SEC and this could reduce its performance, something that we saw with ripple as well, and in the case of ethereum this will be the first bull run after it made its transition to a POS coin, and it is not known how will investors react to this new reality in which ETH is in and if they will support it in the same way as when it was a POW coin.
Like what happened in XRP when they are in the case against SEC , surely Binance Coin will experience the same dumping as how ripple had in the days.
but actually the altcoin has so much to explore and bring to their supporters as long as those coins are not in the eye of SEC to be under questioned or the worst is under trial.
Ethereum on the other hand is the best contender and the best option than Bitcoin if we are looking for diversification .









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September 19, 2023, 10:59:54 AM
 #88

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

Alts and which alts? There are thousands of them. Why don't you just buy BTC? If you are insisting on hoarding alts at least go with the reputable ones like LTC, ETH, XMR, DOGE etc. There are probably other good alts too but I am not an altcoin expert. If you want to buy the absolute shitcoins just because they are cheap now, remember; they can always go even cheaper. Lots of noobs bought them shitcoins for that same reason and most of them lost their initial investment. If you tell us which alt is in your mind and then maybe we can help you.
This is both true and wrong at the same time. It is true that there are thousands of altcoins and people should stay away from almost all thousands of them, I agree that they should buy something that is reputable, but there are more than a few of them. I get that you may know just a few, but looking at the top 20, we can see some good ones, and top 10 has some great ones.

Of course just because something is highly ranked doesn't make it good, for example I never liked XRP and would never own it, but I know for a fact that XRP is better than some low ranked 500k low cap coin. This is why it would be smarter to just enjoy that and not really look for anything that is beyond that level and buy a top ranked one.

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September 19, 2023, 11:46:24 AM
 #89

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
Have collected some , but I must admit that there are only few of them stays
in my folio because I focus now in Bitcoin investing , have missed to act such back in 2021 Halving so i willl never lose my chance collecting for this next one.
Invest now mate , but try to manage buying those legit and worth trusting coin and not those Shit and meme coins.









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September 19, 2023, 02:54:28 PM
 #90

I can't just expect that the market seems to prolong the time for accumulation. And to ask if it is the time to collect, indeed, we're still in good time.
Later? People must stop thinking about the bottom price because we never know when. So instead of waiting for the lowest price, why not take the chance this time?  However, we should also be careful in choosing altcoins because not all cheap coins are worth, some are shitcoins. And I would suggest to just take top altcoins and well-established projects.
Yes, I also think about achieving this while there is still a chance. Instead of waiting for a bear market, we should collect altcoins that we think will be expensive in the future because we don't know the bull market is coming. When we doubt, these feelings will keep coming until we finally regret it. It's just that you have the decision to make it, but thinking too long will make you miss the moment.


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tygeade
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September 20, 2023, 03:19:50 AM
 #91

I can't just expect that the market seems to prolong the time for accumulation. And to ask if it is the time to collect, indeed, we're still in good time.
Later? People must stop thinking about the bottom price because we never know when. So instead of waiting for the lowest price, why not take the chance this time?  However, we should also be careful in choosing altcoins because not all cheap coins are worth, some are shitcoins. And I would suggest to just take top altcoins and well-established projects.
Yes, I also think about achieving this while there is still a chance. Instead of waiting for a bear market, we should collect altcoins that we think will be expensive in the future because we don't know the bull market is coming. When we doubt, these feelings will keep coming until we finally regret it. It's just that you have the decision to make it, but thinking too long will make you miss the moment.
That would be a good move because waiting for them to keep going down would be hard in this market. Not only we are not going down right now, we are also doing fine as well and the results are looking quite profitable to hold them. If you wait for too long the price will start to go up even more because halving is getting closer and I believe that people will not be happy about this after a while as well.

I get that it is going to be a tough situation but that shouldn't be a problem, if you want to get it then get it whenever you can scalp some money together, if you do not have it now, you can wait and buy later but that should be because you do not have enough now, if you can buy now that would be even better because you will make more profit.

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September 20, 2023, 06:53:02 AM
 #92

I can't just expect that the market seems to prolong the time for accumulation. And to ask if it is the time to collect, indeed, we're still in good time.
Later? People must stop thinking about the bottom price because we never know when. So instead of waiting for the lowest price, why not take the chance this time?  However, we should also be careful in choosing altcoins because not all cheap coins are worth, some are shitcoins. And I would suggest to just take top altcoins and well-established projects.
Yes, I also think about achieving this while there is still a chance. Instead of waiting for a bear market, we should collect altcoins that we think will be expensive in the future because we don't know the bull market is coming. When we doubt, these feelings will keep coming until we finally regret it. It's just that you have the decision to make it, but thinking too long will make you miss the moment.
so what are those coin mate? would you be so kind enough to share us the target coin to by to achieve your dreams because there are so much to choose from adn I know that there would be anything that you may find sharing to us?
I mean are those coins are top ranking? like Ethereum or Binance?









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apestogetheretonk
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September 20, 2023, 04:42:26 PM
 #93

It depends on which altcoins you mean.

Try looking for undervalued altcoins with strong teams and backgrounds. You don't even have to hunt for something entirely new; you can still make good money by investing in altcoins from emerging Layer 1 (L1) projects like decentralized exchanges (DEXs), NFT marketplaces, casinos, and others. These often grow much faster compared to the main layer.

And for those you want to say, there are 1000's of base projects, all i want to say, is that if any anon land into a new layer and looking for use the chain they will probably use these 3.

I've already made a life changing money by this "tactic",  although it's simple, it requires patience and self-belief as you wait for your coins to reach your target price.



And yes, there are still many Layer 1 platforms with potential, and within them, numerous projects that can help you earn big $.
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September 20, 2023, 09:26:45 PM
 #94

It depends on which altcoins you mean.

Try looking for undervalued altcoins with strong teams and backgrounds. You don't even have to hunt for something entirely new; you can still make good money by investing in altcoins from emerging Layer 1 (L1) projects like decentralized exchanges (DEXs), NFT marketplaces, casinos, and others. These often grow much faster compared to the main layer.

And for those you want to say, there are 1000's of base projects, all i want to say, is that if any anon land into a new layer and looking for use the chain they will probably use these 3.

I've already made a life changing money by this "tactic",  although it's simple, it requires patience and self-belief as you wait for your coins to reach your target price.



And yes, there are still many Layer 1 platforms with potential, and within them, numerous projects that can help you earn big $.
Whether it was from Layer 1 or not, it still depends on the choice of altcoins and also on how we manage it and the strategies. If we can make a buy a cheaper price and are able to sell them high, profit will certainly come. In fact, many people invested in known coins, and yet, they still suffered losses due to mismanagement of funds and also of uncontrollable emotions.
Well, taking the opportunity of buying while the market is corrections seems to be our ticket to earn more but as I said, that will depend on the project we choose.
TimeTeller
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September 20, 2023, 09:35:04 PM
 #95

It depends on which altcoins you mean.

Try looking for undervalued altcoins with strong teams and backgrounds. You don't even have to hunt for something entirely new; you can still make good money by investing in altcoins from emerging Layer 1 (L1) projects like decentralized exchanges (DEXs), NFT marketplaces, casinos, and others. These often grow much faster compared to the main layer.

And for those you want to say, there are 1000's of base projects, all i want to say, is that if any anon land into a new layer and looking for use the chain they will probably use these 3.

I've already made a life changing money by this "tactic",  although it's simple, it requires patience and self-belief as you wait for your coins to reach your target price.
And yes, there are still many Layer 1 platforms with potential, and within them, numerous projects that can help you earn big $.
Whether it was from Layer 1 or not, it still depends on the choice of altcoins and also on how we manage it and the strategies. If we can make a buy a cheaper price and are able to sell them high, profit will certainly come. In fact, many people invested in known coins, and yet, they still suffered losses due to mismanagement of funds and also of uncontrollable emotions.
Well, taking the opportunity of buying while the market is corrections seems to be our ticket to earn more but as I said, that will depend on the project we choose.

Thus, it is important to always do your due diligence before jumping on any hype on this market.
As we have thousands of alts, only few of them have bright future, and mostly, only those with solid foundation to begin with.
You will have insights on how they will survive in this market by checking the dev team themselves.
Are they actively developing the project? Are their outputs visible to the community? Are they useful to begin with?
Just few questions you need to contemplate with before thinking of buying in the trading market.
shinratensei_
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September 20, 2023, 11:48:03 PM
 #96

I can't just expect that the market seems to prolong the time for accumulation. And to ask if it is the time to collect, indeed, we're still in good time.
Later? People must stop thinking about the bottom price because we never know when. So instead of waiting for the lowest price, why not take the chance this time?  However, we should also be careful in choosing altcoins because not all cheap coins are worth, some are shitcoins. And I would suggest to just take top altcoins and well-established projects.
Yes, I also think about achieving this while there is still a chance. Instead of waiting for a bear market, we should collect altcoins that we think will be expensive in the future because we don't know the bull market is coming. When we doubt, these feelings will keep coming until we finally regret it. It's just that you have the decision to make it, but thinking too long will make you miss the moment.
but there are also chances that there will be more corrections along the way, thats the thing with accumulating and making the entry in general everything is just uncertain.
like you could be accumulating all the coin that you judged to be really good but if its get corrected then the accumulation would be loss on your sides unless you are willing to wait until
few years then you will be fine but honestly even the bullrun is still uncertain.
therefore I think its wise to see current circumstances first then make decision afterwards there's no harm in waiting a little bit more to get a glimpse of the future.

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RussianEnglishTranslation
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September 22, 2023, 03:44:42 AM
 #97

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.
I DCA into alts every month. I'm not a fan of BTC and don't want to get stuck holding any when it inevitably collapses. When you compare BTC with something newer like Q Blockchain or Hedera, it's not even in the same ball park tech wise.
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September 22, 2023, 06:38:47 AM
 #98

Thus, it is important to always do your due diligence before jumping on any hype on this market.
As we have thousands of alts, only few of them have bright future, and mostly, only those with solid foundation to begin with.
You will have insights on how they will survive in this market by checking the dev team themselves.
Are they actively developing the project? Are their outputs visible to the community? Are they useful to begin with?
Just few questions you need to contemplate with before thinking of buying in the trading market.
Following the hype is probably the number one reason people invest in all kind of altcoins only to lose everything after their coins dump, and while I can understand why people choose to invest in coins that are hyped, it is very risky to do so, as hype is not something that can last for a long time and it can disappear in a matter of days, so if you happen to invest at the wrong time you could easily lose money that it took you years to save in just a few days.



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September 22, 2023, 12:42:53 PM
 #99

Thus, it is important to always do your due diligence before jumping on any hype on this market.
As we have thousands of alts, only few of them have bright future, and mostly, only those with solid foundation to begin with.
You will have insights on how they will survive in this market by checking the dev team themselves.
Are they actively developing the project? Are their outputs visible to the community? Are they useful to begin with?
Just few questions you need to contemplate with before thinking of buying in the trading market.
Following the hype is probably the number one reason people invest in all kind of altcoins only to lose everything after their coins dump, and while I can understand why people choose to invest in coins that are hyped, it is very risky to do so, as hype is not something that can last for a long time and it can disappear in a matter of days, so if you happen to invest at the wrong time you could easily lose money that it took you years to save in just a few days.
I could say some people had lost their money from buying into hype projects but it doesn't mean it was a wrong decision because we admit that many were also earning a lot of money from them. I won't encourage people to invest in hyped projects but never I stop them from doing it. Perhaps, it was even more profitable compared to investing in known coins when you've got perfect timing. But yes, if you've got it wrong and just come during its peak, losses are possible to happen. You'll be wise indeed in the crypto market.

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September 22, 2023, 11:38:18 PM
 #100

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
Have collected some , but I must admit that there are only few of them stays
in my folio because I focus now in Bitcoin investing , have missed to act such back in 2021 Halving so i willl never lose my chance collecting for this next one.
Invest now mate , but try to manage buying those legit and worth trusting coin and not those Shit and meme coins.
I also do the same accumulating bitcoin for the sake of investing because it has been down ever since and only retaining 30% of all time high which i'm sure gonna be increasing in no time in the future mainly
because it has already down so far I don't think it will lose its value even more.
therefore bitcoin is the most promising investment so far nowadays and currently is the right time to invest.
its just that bullish still uncertain we don't know when will it come but when it come for real the coins including bitcoin in general will be jumping in value and that will be massive profit.

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