Tahid12 (OP)
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March 10, 2024, 10:17:52 PM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
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Zaguru12
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March 10, 2024, 10:30:22 PM |
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Firstly bitcoin is not about to reach $70k but has surpassed it. Yes bitcoin pumping is definitely controlling the Market and that’s what should happen as it is the leader of the pack a negative trend will also be felt on those coins. Halving is coming and with the a new ATH already gotten I think we will actually get a bitcoin correction because some investors might be waiting to take profits.
Base on Altcoins it is a tricky one because they could still be pumping even if bitcoin starts getting into corrections this is because during corrections bitcoin dominance reduces and that actually means more money in flow into the altcoin market. That’s why even now some Altcoins are not skyrocketing with bitcoin because it’s dominance high now.
My advice is wait for that particular coins dip and gamble in but do not FOMO and buy an already pumping Altcoins you might get away with that with bitcoin but not with Altcoin. Some could dust from there. Best to even look at other opportunities with real value
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nelson4lov
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March 10, 2024, 10:52:47 PM |
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As with previous halving events, there has always been a market downturn that most people regard as the "pre-halving dip". It usually happens few days to the halving. But the current bull run is quite different; in that the market has already started moving upwards (till it even exceeded the ATH). Personally, I'm still expecting a market downturn before the halving event but I'm still preparing for a scenario where the market might not provide an opportunity to get altcoins at a lower price zone.
We didn't have an approved ETF before a bull run, so it's bound to be different. Funding rates as well.
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batang_bitcoin
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March 10, 2024, 10:56:08 PM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins.
It did $70k already but went back to $68k now. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened?
What has happened a few days ago when Meta platforms servers have been shutdown? The market has dropped a lot and I think it is what you people are thinking about the plummet that should come prior to halving. Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
You need to spot some of them now because on the bull run, everything is going to be expensive but still there will be few of them that won't soar as quickly as you think.
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samcrypto
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March 10, 2024, 11:04:05 PM |
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There’s always a best time to buy and you have to wait for that. The price right now is already high and if you FOMO, then you might get trap. Altcoins will fly higher as well, but it’s hard to tell if all altcoins will have the same faith of the pump. Just invest on good altcoins then you might see good profit too, be more patience with your holdings.
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Dr.Bitcoin_Strange
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March 10, 2024, 11:17:46 PM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this Bitcoin got to $70,008 today, and it could possibly get to $71k this new week. Many altcoins are going to fly like you think, but the challenge is that you cannot know if most of the coins that you have invested in are going to experience a huge price pump or not. It could be that the coins you have invested in and expected to pump may not pump, but other coins that you never invested in may pump. Tm Someone said that we are not yet in the altcoin season, and I think that's true because not a lot of altcoins have already experienced a huge pump like what happened during the 2021 bull market. If you are lucky enough to invest in the right alt coins, you will definitely make a huge profit during the bull market that will extend to 2025. It is not yet too late to invest in some alt coins; the problem is to know the right alt coin to invest in now. So, I would advise you to invest with caution and only the amount you can afford to lose. While investing in most of these new alt coins, you have to always stay updated for new changes and other important updates, set a target price to take profit, and know when to sell off.
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cryptoaddictchie
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March 10, 2024, 11:28:05 PM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
There some altcoins that still not going back on their current positions like last ATH. Who know if btc keeps rising or alts will be left behind. The bitcoin hike revolves on bitcoin halving event ao almost all eyes are into it but I believe alt season will soon happened after the halving and not yet too late to positioned on your favorite alts.
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avp2306
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March 10, 2024, 11:46:25 PM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
If someone know that he will be so damn rich. But unfortunately no one can predict the out come of certain altcoins since everything is unpredictable. If you see someone said that they can give you a accurate prediction then maybe they are going after for something and beware since usually those people telling that are just scammers. But you can atleast do some analysis on the market to see if which among those alts would able to pump so that you can earn a profit and learning technical analysis is helpful so try to learn that since for sure you can do a lot of better trades.
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Geurangsang
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March 11, 2024, 03:27:26 AM |
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Bitcoin's bullish moment is a blessing for the Altcoin world, because Bitcoin bulls can also lift most altcoins. The overall crypto trend is very good and of course there is still a chance to enter on the Altcoin market. Moreover, there will be an Ethereum ETF next, of course this will be the second peak on this year. Bitcoin's rise has been so wild this time, and there may be a slight correction in the market in the near future, and will be welcomed by ETH ETFs. Buying high Altcoins is safe, although taking greater risks on other coins or meme coins also has opportunities at this time. But don't forget to carry out analysis to guide you in making decisions.
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husencoe
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March 11, 2024, 04:11:58 AM |
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I think the bullish this time is very big and long. With the Bitcoin halving agenda and the ETH ETF, the position of Altcoins such as ETH is getting higher and has exceed ATH. It is possible that after the ETH ETF, there will be further ETF opportunities for other coins such as BNB and Solana. If this happens, it will certainly make a lot of changes and will also lift many other Altcoins. This is of course a great opportunity to dive into investing, but you also need to do analysis. choosing the top altcoins is best and more save.
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Adreman23
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March 11, 2024, 05:27:42 AM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
I feel that the current bull run seems unusual because historically, nearing or after the bitcoin halving event, we would expect to see a drop or correction in the price of bitcoin. However, what's happening now is the opposite .. the price of bitcoin keeps rising despite the halving approaching. Yet, I still don't know if it will decline after the halving or continue to rise. On the other hand, with altcoins, there are some that haven't followed the upward trend of bitcoin, so perhaps this is the chance to buy undervalued altcoins that you like. However, it's still important to set stop loss orders, as the market's direction may change unexpectedly. Don't rely solely on market movements.
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martinex
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March 11, 2024, 05:42:45 AM |
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That always happens, but it depends on whether BTC goes up and the Altcoin we choose will go up too if it is pumped by speculators and if it is normal, don't expect the altcoin, especially the new one, to be naturally pumped strongly.
In fact, look today, BTC has had a slight correction and how the market is bleeding even though only a little BTC was dumped. I think choosing an altc is also recommended, you just have to be selective otherwise selling pressure will continue to come from the holder because of the stress of seeing the price not going up.
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peter0425
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March 11, 2024, 06:05:12 AM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
Not almost , reached 70k because bitcoin already broken 70k recently and yes now the target is 75k and will be climbing again. correction happened always when there is ATH , but we must be talking about altcoins here mate right? and if you are asking if there is chances to buy lower? you should have done that recently or any time now , because the problem with the market now is really gong crazy because of the effect of ETF and now Ethereum ETF is also coming.
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Tmoonz
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March 11, 2024, 10:12:16 AM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
It is critically vivid to see even more clearly that btc which is the principal coin where other coins derives it's strength and energy. Since the performance of other coins solely depends on Bitcoin it means when Bitcoin price reduces same is also expected from other coins, to answer your question, however it depends on individual what he consider to be a dip, because even the value that is considered to be high now can as well be seen as a dip tomorrow so is best you make you conclusions and know what is best for you.
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bitterguy28
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March 11, 2024, 11:11:41 AM |
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firstly it depends on which altcoins you are looking at because if you are looking at the top altcoins like ethereum then yes its price is already high and a dip is possible but other altcoins are not really soaring as high as bitcoin there is a chance for it to go up but it won’t probably increase as much as you would expect
the basic principle is that most altcoins generally follow the movement of bitcoin so just keep that in mind
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arjunmujay
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March 11, 2024, 11:13:49 AM |
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The increase in the price of Bitcoin which reached the new ATH was influenced by many factors, apart from the current halving period, it was also influenced by outside investors who used ETFs. that's why the price of bitcoin can soar high until now. However, after the halving period is over, it looks like there will be quite a deep correction. or even just sideways because bitcoin is already widely known by foreign investors and many believe bitcoin is a very profitable digital gold.
and when bitcoin goes down, usually altcoins will also go down, although not all of them are like that. that's when it's time to buy altcoins cheaply and prepare for the next bullrun
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btc78
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March 11, 2024, 11:24:28 AM |
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Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
The general rule is to check what is low enough for you. Of course we all want to buy at the lowest price possible but if it already went down and you can already afford to buy the coin then I highly suggest that you do already. It’s hard to experience FOMO and then actually missing out on some opportunities.
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AVE5
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March 11, 2024, 11:38:52 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FGJ3dP53%2FScreenshot-20240311-123427.jpg&t=665&c=aEXMYtAQPjMTSw) You can see for yourself if you've so much interest about the current price of bitcoin. Interestingly, AltCoins are not left behind because bitcoin is the derivative digital assets that determines the values of AltCoins. I guess briefly you know we'd get want got to be in AltCoin as much bitcoin does. You only need to invest on reputable coins and that's all.
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Mpamaegbu
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March 11, 2024, 12:18:37 PM |
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Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
Price has gone past $70k now. We may likely see above $90k before halving from the way things are judging from what the fear and greed index shows. FOMO is pushing the market right now. Most of these people coming to the market now are likely to get hurt because retracement will come and they're going to panic and sell off when that happens. They had all the time to buy before now and enjoy maximum profit but they chose to stay away until now that FOMO has set in. Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
That opportunity to buy alts at low prices is now. Get your favourite tokens now. Whatever you see in the market now with alts prices will be child's play when alts rally begins. Alts rally normally begins after Bitcoin had done its ATH and on its descent. I expect that to happen towards the end of this year and early months of next year.
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March 11, 2024, 02:06:46 PM |
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Yeah it will definitely follow the old historic trend of dip with the Bitcoins worth. These altcoins have always been related to Bitcoin in some way and mostly the users study the market of Bitcoin and they invest along with these altcoins with the same strategy as they invest in Bitcoin because of the similarities in the trends.
I think so halving of the Bitcoin will again give a fair good amount of chance to earn profits on long term investments as the Bitcoin will again tend to rise the price of these altcoins will rise to some extent as well so it's a good option
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