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Author Topic: Are you still buying altcoins??  (Read 1743 times)
bSpend
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June 05, 2024, 11:19:01 PM
 #161

It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving
Altseason coming after bitcoin halving has always been the normal procedure, and right now, we can already see that what we saw during that march when you created this thread, wasn't actually the bull run we all are looking forward to, but was just an effect of the approved bitcoin spot Etf.

Personally, I am expecting the bull run to start by the ending of October this year, by then, both bitcoin and Altcoins should begin to move up in a gradual process.
So, yeah, I have high hopes in altcoins this season and I am still buying the good and promising ones.
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June 06, 2024, 01:27:02 AM
 #162

I was considering to diversify my personal long term portfolio by buying some Ether today, but I don't think it is the right time to buy, it is just my gut telling me I should focus and save a little bit of Fiat, instead buying alternative currencies right now.
Though, I won't lie, there are some coins and projects which are very interesting in my eyes, specially because how fast and scalable they are when compared to the classical alternative currencies like Dogecoin, Ethereum or even Litecoin (which was supposed to be an early solution to the problem Bitcoin had with scalate and offer faster and cheaper transmission of value.
when the signals of the Bitcoin uptrend to be near his local end, when I would likely put some bucks on Ethereum and Solana and see how it goes.
I am not in a rush, I am not a trader seeking for a quick buck, so I have got more time to plan my moves. At least that is how I operate.


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June 06, 2024, 02:41:48 PM
 #163



Personally, I am expecting the bull run to start by the ending of October this year, by then, both bitcoin and Altcoins should begin to move up in a gradual process.
So, yeah, I have high hopes in altcoins this season and I am still buying the good and promising ones.

I agree with you.I also think that the bullrun season will occur in late 2024 to 2025. It is still in the early stages and some coins are still worth buying like layer-1. Yesterday BNB touched their latest ATH and this proves that layer-1 projects have very good potential in this bullrun season. Some of the layer-1s that are in my monitoring are BNB, SUI and TON.

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June 06, 2024, 03:54:00 PM
 #164

It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving

The dynamics of the other cryptocurrencies are indeed influenced by Bitcoin's performance, particularly major event like halving and approvals of Bitcoin's spot approval which has significantly attracted substantial investment in Bitcoin. Bitcoin dominance Index is the indicator of investing flowing in Bitcoin and when this index starts to slide down, it potentially triggers price of all major cryptocurrencies. I believe current rally in Bitcoin will eventually result in increase in altcoins prices. DYOR









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cute nmp
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June 06, 2024, 04:08:42 PM
 #165

Not buying any altcoins at the moment,the price of Bitcoin and most altcoins are very high right now don't think it will be a good entry point. It will be better to wait and buy at the low when the prices are very low so that one can make a lot of profits during the next bullish move.

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June 06, 2024, 10:24:32 PM
 #166

Not buying any altcoins at the moment,the price of Bitcoin and most altcoins are very high right now don't think it will be a good entry point. It will be better to wait and buy at the low when the prices are very low so that one can make a lot of profits during the next bullish move.

You're right buying when the price is very high can be very risky more especially altcoins, because you don't know if it still have the potential to increase. most of the altcoins after buying in a higher price you will beginning to experience some dip in their price that is why is very good to buy when the price is low, so that you can be able to make a lot of profit, because if you buy when the price is very high definitely you won't make enough profit.

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June 07, 2024, 01:03:49 AM
 #167

Not buying any altcoins at the moment,the price of Bitcoin and most altcoins are very high right now don't think it will be a good entry point. It will be better to wait and buy at the low when the prices are very low so that one can make a lot of profits during the next bullish move.
Bitcoin price is currently on an upswing, if we look at Bitcoin's all-time high two years ago, the top altcoins were at their highest, but now the price of bitcoin is above $70,000 and many of the top altcoins are well below their past prices. As bitcoin price is currently bullish then it may be a good decision to entry in altcoins because if bitcoin price increases further in future the price of altcoins will increase a lot, now is a good opportunity to take entry in altcoins and you can do.

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June 07, 2024, 04:15:30 AM
 #168

Not buying any altcoins at the moment,the price of Bitcoin and most altcoins are very high right now don't think it will be a good entry point. It will be better to wait and buy at the low when the prices are very low so that one can make a lot of profits during the next bullish move.
Bitcoin price is currently on an upswing, if we look at Bitcoin's all-time high two years ago, the top altcoins were at their highest, but now the price of bitcoin is above $70,000 and many of the top altcoins are well below their past prices. As bitcoin price is currently bullish then it may be a good decision to entry in altcoins because if bitcoin price increases further in future the price of altcoins will increase a lot, now is a good opportunity to take entry in altcoins and you can do.

Accumulating altcoins at this time is the right decision. It's just that I think we will have difficulty finding good projects because some altcoins have the potential to become dead coins next year. This requires good analysis and understanding how the market works. I think one solution is to buy altcoins that have a good narrative and there is a possibility that it will still be a trend in the next year, such as the meme coin narrative or the AI ​​narrative.

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June 07, 2024, 05:09:27 AM
 #169

It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving
Before its too late you need to buy altcoins, because after the altcoins will always rise together with bitcoins, maybe not today but in the next few months it will surely follow btc trend, and if you don't wanted to have a regrets for not buying just like what happens everytime before the you must select the altcoins right now and buy.

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June 07, 2024, 10:00:53 AM
 #170

Yes, of course now is the opportunity for all of us to buy as many altcoins as possible, bullish people are currently interested in Bitcoin and Ethereum alone, but other altcoins will follow Bitcoin's movements after the halving occurs. Several altcoins are worth buying right now, such as XRP, Polygon and ADA. I recommend the top altcoins that have the opportunity to reach ATH this year. Let's wait for the next few months, everyone will switch to altcoins.

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June 07, 2024, 11:00:13 AM
 #171

I have invested in altcoins in the past and got good profits and now I am holding some of the potential altcoins. Recently, I have invested in a few altcoins at/ around their all-time low. If a person invests in altcoins timely, the profit margin is huge. I have invested a small amount in altcoins because of the risk associated with altcoins, most of the time they dump after a pump and are wiped out of the market. Do your research and invest the amount which you can afford to lose. 

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June 07, 2024, 11:05:43 AM
 #172

Preparations for collecting the top altcoins should have been done months ago when the price was below yesterday's bearish period, but if you use the DCA method there is no harm because the method or strategy is worth trying, maybe it is the one that is suitable for the current market movement trend

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Bushdark
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June 07, 2024, 09:35:48 PM
 #173

Not buying any altcoins at the moment,the price of Bitcoin and most altcoins are very high right now don't think it will be a good entry point. It will be better to wait and buy at the low when the prices are very low so that one can make a lot of profits during the next bullish move.
Investing in altcoins are never risky especially now that the price have been fluctuating for a while now.
We just need to be prepared and keep our eyes on good tokens that will make us make money from the market.
Cryptocurrency can be very rewarding if we invest in good altcoins that would keep giving us profits in the market.
Altcoins are really profitable for people that are smart enough to search for good tokens in the market to invest in so to earn more from the crypto market.
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June 07, 2024, 11:33:00 PM
 #174

Preparations for collecting the top altcoins should have been done months ago when the price was below yesterday's bearish period, but if you use the DCA method there is no harm because the method or strategy is worth trying, maybe it is the one that is suitable for the current market movement trend


In fact currently we already have several potential altcoins and are already making a profit, because the halving will end in a few weeks, of course it will be very risky to collect altcoins at this time, although using the DCA method is certainly very risky, but there's no harm in trying this, especially those of us who have been investing in crypto for a long time.

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June 08, 2024, 12:39:37 PM
 #175

Preparations for collecting the top altcoins should have been done months ago when the price was below yesterday's bearish period, but if you use the DCA method there is no harm because the method or strategy is worth trying, maybe it is the one that is suitable for the current market movement trend


In fact currently we already have several potential altcoins and are already making a profit, because the halving will end in a few weeks, of course it will be very risky to collect altcoins at this time, although using the DCA method is certainly very risky, but there's no harm in trying this, especially those of us who have been investing in crypto for a long time.
Altcoins along with DCA carry more risk as most of the time the currencies are trending down. Altcoins are relatively high risk when it comes to investing especially if you don't go through a thorough selection process. Top altcoins may give you some relief in terms of risk reduction but you have to make investment decisions with high risk.

Bushdark
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June 08, 2024, 11:40:02 PM
 #176

It will be wise for us to hold altcoins and Bitcoin at the same time because it is certain that Bitcoin is going to reach 100k soon and that also will trigger the price of many of the altcoins to move bullishly immediately the Bitcoin price take the movement. As the price of altcoins keep going up we need to accumulate some good tokens in the market so we can always earn along without regretting why we have not invested in altcoins.
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June 09, 2024, 04:41:37 AM
 #177

It will be wise for us to hold altcoins and Bitcoin at the same time because it is certain that Bitcoin is going to reach 100k soon and that also will trigger the price of many of the altcoins to move bullishly immediately the Bitcoin price take the movement. As the price of altcoins keep going up we need to accumulate some good tokens in the market so we can always earn along without regretting why we have not invested in altcoins.
Currently holding bitcoins is definitely a smart decision but which altcoins are the ones to hold?  If you don't pick the right alt coin you can lose money. You need to pick some alts, when bitcoin starts bull run we can guess $100k then bitcoin has some followers alt coins will increase. Since the price of Bitcoin is still far behind $100k and the altcoins have not started pumping yet, it would be a good decision to invest in altcoins right now.

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June 09, 2024, 04:53:09 AM
 #178

It will be wise for us to hold altcoins and Bitcoin at the same time because it is certain that Bitcoin is going to reach 100k soon and that also will trigger the price of many of the altcoins to move bullishly immediately the Bitcoin price take the movement. As the price of altcoins keep going up we need to accumulate some good tokens in the market so we can always earn along without regretting why we have not invested in altcoins.
Currently holding bitcoins is definitely a smart decision but which altcoins are the ones to hold?  If you don't pick the right alt coin you can lose money. You need to pick some alts, when bitcoin starts bull run we can guess $100k then bitcoin has some followers alt coins will increase. Since the price of Bitcoin is still far behind $100k and the altcoins have not started pumping yet, it would be a good decision to invest in altcoins right now.

Apart from Bitcoin holding Ethereum will give good returns, even accumulating some more ETH will be fruitful. The reason is simple its spot ETF got approved. The trading has not started yet which is a temporary delay as it is expected to start before November of this year. The price of Ethereum is still below $4k now when the trading starts it will easily go above $10k.

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June 09, 2024, 09:20:34 AM
 #179

Altcoins along with DCA carry more risk as most of the time the currencies are trending down. Altcoins are relatively high risk when it comes to investing especially if you don't go through a thorough selection process. Top altcoins may give you some relief in terms of risk reduction but you have to make investment decisions with high risk.

Altcoins are risky but they can also give you fruitful outcomes if your selected coin increases in price by increasing Bitcoin price. Top altcoins can be chosen without any doubt but in case of new coins we have some doubt that this coin will be profitable in future or not so it is perilous to invest in new altcoins.

Meme coins are good for investment these days so give your little time to explore the characteristics of coins so you can have an opportunity to make profit from new altcoins too. But if you are worried about your money then just stick with the top coins instead of searching for a new one



 

 

 

 

 

 


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June 09, 2024, 10:07:26 AM
 #180

It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving
I'm not too into altcoins but at some point I try to put my eyes to see if I can find a convincing project from now that the altcoin season is not yet here, but if I find any I would buy.

Absolutely this is the right time to acquire all the coins which you wish to invest in as they are still very low in price and are expected to raise as time goes on and when bitcoin bull runs begin to end them altcoins seasons will come in, so it's up to everyone to make haste while the sun shines. I'm not yet buying though because I haven't seen any coin of my choice although I have some little coin in my old wallet


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