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Author Topic: Investing altcoins now or during halving?  (Read 1992 times)
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December 14, 2023, 02:20:27 AM
 #101

Time is really running out for those that are still on the sidelines and have yet to decide to invest or not, and the longer they wait the higher the price they will have to pay if they finally decide to join this market.

I can understand they may not like to buy after the sudden recovery we have been experimenting, and some of them may like to wait to do this until a correction takes place, but since there is no way to know if the correction will actually come, they need to take a decision and do so soon.

There would be a major correction before the halving and that might be the reason why investors are interested at the moment. After halving the market would not react instantly to it as it always takes some time for the bulls to appear. A diamond hand would not fear the market before or after halving so if you are one then start accumulating your favourite altcoin for good gains. Staying away from pump and dump coins should be the goal for now but it is hard to resist sometimes.

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December 15, 2023, 05:39:13 AM
 #102


There would be a major correction before the halving and that might be the reason why investors are interested at the moment. After halving the market would not react instantly to it as it always takes some time for the bulls to appear. A diamond hand would not fear the market before or after halving so if you are one then start accumulating your favourite altcoin for good gains. Staying away from pump and dump coins should be the goal for now but it is hard to resist sometimes.

Halving is predicted to occur in 2024 therefore people are accumulating their favourite coins now but if someone is still waiting to buy during halving then their profit will be either less or will have no profit. After halving price will go down again because as the number of sells increases for bitcoin then price will show decrease so that time will be favorable for all investors to own again.

Pump and dumps coins should be avoided to buy because there are some coins which will shine by price during some duration but if we buy them they become devalued so always search before doing anything as all higher worth coins are not suitable option for investment.

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December 15, 2023, 05:56:03 AM
 #103

Time is really running out for those that are still on the sidelines and have yet to decide to invest or not, and the longer they wait the higher the price they will have to pay if they finally decide to join this market.

I can understand they may not like to buy after the sudden recovery we have been experimenting, and some of them may like to wait to do this until a correction takes place, but since there is no way to know if the correction will actually come, they need to take a decision and do so soon.

There would be a major correction before the halving and that might be the reason why investors are interested at the moment. After halving the market would not react instantly to it as it always takes some time for the bulls to appear. A diamond hand would not fear the market before or after halving so if you are one then start accumulating your favourite altcoin for good gains. Staying away from pump and dump coins should be the goal for now but it is hard to resist sometimes.

My favorite altcoin is of course ETH and that is the top altcoin that I am starting to collect at the moment. Don't forget to collect Bitcoin little by little or buy in stages. I believe being a diamond hand and buying gradually will make a lot of profit in the end. just waiting for the halving to arrive and the new ATH to be reached. starting from now it's still pretty good, just need to wait for a correction for the top altcoin and buy it again.
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December 15, 2023, 06:25:35 AM
 #104

I think even now there are still many altcoins that are still worth buying. Because several altcoins that have strong fundamentals still have not experienced an increase. So accumulating now would be the right time if we know which projects have not experienced price increases. It just takes extra effort to look for potential altcoins. Some time ago I accumulated some altcoins and haven't released them until now. I will wait until the bullrun reaches its peak.

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December 15, 2023, 06:32:37 AM
 #105

I have invested in altcoins when their price was very low in the market early this year but I feel like investing again in altcoins, because I don't want to miss any opportunity in my investment next year because am going to hold my altcoins like one year and some months before I will sell to make a good incomes from the investment. I think, many investors have prepared for this massive bullish season that is coming next year 2024, and it will make many investors to embrace opportunity they have never experience from the beginning of this year 2023 till last month. Now that the market is turning to green light, it show that those that invested in Bitcoin and altcoins will have every reason to rejoice when the price of Bitcoin and altcoins increase higher in the market soon.

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December 15, 2023, 07:43:51 AM
 #106

I think even now there are still many altcoins that are still worth buying. Because several altcoins that have strong fundamentals still have not experienced an increase. So accumulating now would be the right time if we know which projects have not experienced price increases. It just takes extra effort to look for potential altcoins. Some time ago I accumulated some altcoins and haven't released them until now. I will wait until the bullrun reaches its peak.

Same here. I am also holding several altcoins. The original plan is to hold them until 2025 when I need to decide again if I sell them or part of them or hold them all for the next cycle. My Chainlink has already more than doubled and I am tempted to sell half of it and buy another altcoin that has not yet moved that high.

The altcoin market hasn't reached its full potential yet in this cycle so even at the current price, most of them are still good to buy. I still have plans to buy more eth and some other altcoins as part of my monthly DCA.

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December 15, 2023, 11:12:51 AM
 #107

We are close to halving, and there isn't much time left according to some experts. So if you haven't made any investment in the market till now and are still waiting for a major correction then you should start your DCA from now on until the bull appears in the market. Market rallied after red september but it is nothing compared to what is upcoming. So as you have said whats left will only be regret if you don't take any action right now. That doesn't mean you will go all in at once. Just try to invest gradually to build up a portfolio.
Time is really running out for those that are still on the sidelines and have yet to decide to invest or not, and the longer they wait the higher the price they will have to pay if they finally decide to join this market.

I can understand they may not like to buy after the sudden recovery we have been experimenting, and some of them may like to wait to do this until a correction takes place, but since there is no way to know if the correction will actually come, they need to take a decision and do so soon.
Time is running out is what I hear all the time and a very good reason for the FOMO indeed. But the question at this point is; should we let the FOMO push us and cause impaired decisions in our trading/investment? It shouldn't be so, we should follow it as we see it in real-time, and what I see now is that the market might not be making some dangerous bullish movement anymore until next year. This applies to the major coins, although some altcoins that are new like those with Ordinals and BRC-20 related are moving well. The new meme tokens are moving well also and might not have the same pattern as other coins/tokens with good projects and utility.

With all these, I believe that studying the individual charts and fundamentals around the coins/tokens we want prior to buying them is the way out. We can just generalize advice at the moment, and for instance, some coins are already overbought and are in their corrective phase. This is evident in their negative price action as well, so we should be informed and careful with each coin/token according and individually. However, in general, when it comes to an average come asset in cryptocurrency, I believe that the best time to strike them is gone, yet one can still hold on to their effective retracement from now till the second week in January. I mean around the 10th of the month when the fate of the ETF that caused the present excitement in the market is determined.

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December 18, 2023, 01:43:44 AM
 #108

Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now??  Or During/After BTC Halving while you can buy altcoins with low price?

I think the right time to invest is now before the halving. Afterwards, market prices will soar like crazy due to hype/FOMO. Choosing the right altcoin is tricky, especially when the market behaves in many strange and bizarre ways. Some altcoins go up due to certain events (airdrops, partnerships, etc), while others go down the drain as developers abandon them in favor of the next big thing in crypto. I'd choose altcoins with a proven track record of development and innovation. Those that aren't driven by hype but deliver concrete results to the public.

Usually coins within the top 20 ranks in market cap are worth the investment. ETH and SOL are "blue chip" coins that are bound to increase in price in the future. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion Smiley

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December 18, 2023, 07:03:01 PM
 #109

I think even now there are still many altcoins that are still worth buying. Because several altcoins that have strong fundamentals still have not experienced an increase. So accumulating now would be the right time if we know which projects have not experienced price increases. It just takes extra effort to look for potential altcoins. Some time ago I accumulated some altcoins and haven't released them until now. I will wait until the bullrun reaches its peak.

Within the markets, there will always be peaks and valleys, as liquidity enters the markets, a new cycle begins.
It's coming, everyone knows it, and patience is the key.
The future is now. Sooner or later, Altcoin season will start, and we all know what will come. Diamond Hand will win.

So what dip Alts and great potential projects do you think we should accumulate today?
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December 18, 2023, 07:13:59 PM
 #110

Now! since the dominance of bitcoin is already very high. The probability of there being an altcoin season increases considerably. But remember, the risk is yours! do your own studies and analysis.

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December 18, 2023, 10:43:24 PM
 #111

Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now??  Or During/After BTC Halving while you can buy altcoins with low price?
Theirs no time someone invest in altcoins projects that's the wrong time for the investment because I believe that what is important in any any altcoins investment is the projects, if an investors is able to verify a good or potential altcoins I think investing in it is a secondary aspect of it, investing in altcoins it depends the kind of altcoins because is not all altcoins that survive a long-term or long duration of bearish season and that is while so many of us do emphasise on research analysis in any projects you want to invest, so that you also know if the project is a project that is potential and also relevant to the market.

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December 19, 2023, 10:41:52 AM
 #112

Now! since the dominance of bitcoin is already very high. The probability of there being an altcoin season increases considerably. But remember, the risk is yours! do your own studies and analysis.
I agree that before doing anything, it is very important not to hesitate to analyze it properly, because it will determine what you want to do later. It is certain that all actions taken will have an impact on oneself. Everyone can only give suggestions, and every suggestion can be good or possibly wrong.
Looking at the current situation of Bitcoin and the halving era, it is possible that a correction could occur, but it is also possible that it will continue to improve. But there's no harm in immediately investing in a good altcoin because the time for improvement is coming soon.

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December 19, 2023, 10:45:50 AM
 #113

Now! since the dominance of bitcoin is already very high. The probability of there being an altcoin season increases considerably. But remember, the risk is yours! do your own studies and analysis.
I agree that before doing anything, it is very important not to hesitate to analyze it properly, because it will determine what you want to do later. It is certain that all actions taken will have an impact on oneself. Everyone can only give suggestions, and every suggestion can be good or possibly wrong.
Looking at the current situation of Bitcoin and the halving era, it is possible that a correction could occur, but it is also possible that it will continue to improve. But there's no harm in immediately investing in a good altcoin because the time for improvement is coming soon.

I consider a drop to the 35k USD price range a healthy correction, but it is impossible to say for sure.

The best thing is to always buy little by little, practicing DCA, if the price drops a lot you still have cash to buy more, and if it goes up you are already bought.

Altcoins are very risky and you need to be careful and know exactly what you are doing.

.
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LesterD
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December 19, 2023, 11:07:21 AM
 #114

Now! since the dominance of bitcoin is already very high. The probability of there being an altcoin season increases considerably. But remember, the risk is yours! do your own studies and analysis.
I agree that before doing anything, it is very important not to hesitate to analyze it properly, because it will determine what you want to do later. It is certain that all actions taken will have an impact on oneself. Everyone can only give suggestions, and every suggestion can be good or possibly wrong.
Looking at the current situation of Bitcoin and the halving era, it is possible that a correction could occur, but it is also possible that it will continue to improve. But there's no harm in immediately investing in a good altcoin because the time for improvement is coming soon.

I consider a drop to the 35k USD price range a healthy correction, but it is impossible to say for sure.

The best thing is to always buy little by little, practicing DCA, if the price drops a lot you still have cash to buy more, and if it goes up you are already bought.

Altcoins are very risky and you need to be careful and know exactly what you are doing.
We will never really know what will happen in the market in the upcoming days. Many of us expect the market to have a healthy correction but there seems to be something stopping it and it continues to recover even after a small dump. What you have suggested is the best option, by doing DCA, we can at least purchase any cryptocurrency of our choice. Accumulating early is better than regretting it in the future.

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Questat
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December 19, 2023, 11:20:34 AM
 #115

We're still uncertain of what will happen after halving but as we have experienced in the past halving, the market moves high and most of us also believe that the trend will be the same. But should we have to wait for that before investing? I don't think that was a wise move because if we witness that it pumps, we miss the chance to buy them at a cheaper price - regrets are what we get.

If we are just about to invest, why not do it now? In fact, there is no perfect time to buy but we believe that bull season will come a few years from now and I think we are already in good time to prepare.

livingfree
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December 20, 2023, 12:14:24 PM
 #116

If we are just about to invest, why not do it now? In fact, there is no perfect time to buy but we believe that bull season will come a few years from now and I think we are already in good time to prepare.
It's because they feel that it's still not the right time to invest. They only want to buy it when there's a lot of price actions that are visible to their eyes.

And when these actions come, they're going to think that it's already too much and priced in and that's another hard decision for them to make.

But if they just do it now and let things do come naturally and let them worry next abotu that decision. Whilst this time, it's unlikely that many who invested earlier or before the halving will regret.

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fzkto
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December 20, 2023, 12:29:29 PM
 #117

If we are just about to invest, why not do it now? In fact, there is no perfect time to buy but we believe that bull season will come a few years from now and I think we are already in good time to prepare.
It's because they feel that it's still not the right time to invest. They only want to buy it when there's a lot of price actions that are visible to their eyes.

And when these actions come, they're going to think that it's already too much and priced in and that's another hard decision for them to make.

But if they just do it now and let things do come naturally and let them worry next abotu that decision. Whilst this time, it's unlikely that many who invested earlier or before the halving will regret.
The problem with many people is that they are investing money that they may need at any moment. That is, they don't have the opportunity to simply forget about the investment for a few years and then get a good profit. Or, for example, when the price falls even more, panic selling can happen. Not many people can make profit.

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December 20, 2023, 03:42:09 PM
 #118

I consider a drop to the 35k USD price range a healthy correction, but it is impossible to say for sure.

The best thing is to always buy little by little, practicing DCA, if the price drops a lot you still have cash to buy more, and if it goes up you are already bought.

Altcoins are very risky and you need to be careful and know exactly what you are doing.

We can't predict where market prices will be heading to after the anticipated Bitcoin reward halving. Most of the time, prices went up. But that doesn't mean it will happen again. Everything is subject to the rules of supply and demand. A healthy global economy would propel market prices all the way to the moon. It's slowly recovering right now, so it will take some time before we're able to witness major increases in crypto market prices.

If BTC hits a new ATH, you can bet altcoins will soar like crazy. High risk = high reward. As long as you play your cards right, there should be no reason to be concerned about losing everything in an instant (bankruptcy). Who knows what the future holds for altcoins? Cheesy

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MFahad
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December 20, 2023, 04:56:08 PM
 #119

The problem with many people is that they are investing money that they may need at any moment. That is, they don't have the opportunity to simply forget about the investment for a few years and then get a good profit. Or, for example, when the price falls even more, panic selling can happen. Not many people can make profit.

To be honest I lost in this way. I was looking for short term profit when ORDI token launched in binance. I have not waited for token to rise and sold earlier because I was in need of money. after two days the token start pumping and pumped 5x in front of my eyes. Crypto is not a place to double your money in 24 hours. we have to exercise patience and should not sell until we get desired profit. We should need totally free fund for it otherwise we cannot forgot it and most possibly result will be loss









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livingfree
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December 20, 2023, 09:12:48 PM
 #120

If we are just about to invest, why not do it now? In fact, there is no perfect time to buy but we believe that bull season will come a few years from now and I think we are already in good time to prepare.
It's because they feel that it's still not the right time to invest. They only want to buy it when there's a lot of price actions that are visible to their eyes.

And when these actions come, they're going to think that it's already too much and priced in and that's another hard decision for them to make.

But if they just do it now and let things do come naturally and let them worry next abotu that decision. Whilst this time, it's unlikely that many who invested earlier or before the halving will regret.
The problem with many people is that they are investing money that they may need at any moment. That is, they don't have the opportunity to simply forget about the investment for a few years and then get a good profit. Or, for example, when the price falls even more, panic selling can happen. Not many people can make profit.
Yes, that's another concern from many of these investors. They invest the money that they're not sure if they can just allow to grow on this market without needing it.

But as soon as they need the money, they're going to sell no matter what the price is. Be it, win or lose, they're going to sell it regardless of the market situation.

Investing on this market requires patience and definitely the money that you will allot should be good to stay for long to maximize the profit or if not maximize, at least get the most from it.

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