Should I buy ALTs now or no?

[Dunamisx]

You can make research about the coin and see if its on dip for now, this will make you to make your investment on it when the market is down and you can then wait and hold till it surges before releasing so that you must have earned from such investment, also try to make as part of your research the current market cap and compare such to its previous, check on the chart as well in knowing about recent market performance.

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[Mate2237]

Yes we are in the good time to buy altcoins now because the price is still at the lower end and as you Said, the price will be nice from August so investing in altcoins is good. Using the DCA method is good for long term investors and I don't think it is good for short term investment. Because you are to set up your buying timetable either in daily, weekly or month and we are on the All Time High year so if you start now and the All Time High start from September, and by then how much you will be investing.

Now that by Bitcoin is going up altcoins are rising with it.

[Ludmilla_rose1995]

the majority of altcoin prices will fall when the bitcoin price is correcting, this cannot be denied so many experienced investors only make altcoins as part of their small investments, focus on investing in bitcoin for the long term, I make a profit every time when investing in the new altcoin, I will convert to BTC

For this reason, always do in-depth research on low cap altcoins, and usually meme coins have the opportunity to rise 20x faster than other types of altcoins. you can try buying meme coins now, but you must be ready to bear all the risks

[TastyChillySauce00]

You can make research about the coin and see if its on dip for now, this will make you to make your investment on it when the market is down and you can then wait and hold till it surges before releasing so that you must have earned from such investment, also try to make as part of your research the current market cap and compare such to its previous, check on the chart as well in knowing about recent market performance.

OP never said anything whether he has already bought the dip caused by he was not even confirming it after has has made this thread. It's too late if he hasn't bought before the bitcoin price drops to $56,000, market is back again after a lot of money doing inflow again. It seems like the dump has been manipulated by the companies who hold a lot of bitcoins at this moment. Bitcoin moves back up again after it was getting more trust from the various parties such as new ETF listing by several countries at the same time and public was starting to believe it again. it helps bitcoin to be very bullish at this moment, bitcion is very very strong. I am strongly believe that bitcoin will set a new record soon by surpassing 75k and this can be easily reached by bitcoinm. im very optimistic about that
The market is recovering again following a large inflow into the bitcoin ETF and this is also giving massive impact to the market.
Themarket would not return to its previous lows as bitcoin is slowly climbing up again. Bitcoin may be moving sideways for several weeks or a few months.

[Alone055]

Honestly, Ive got mixed feelings on those communities pushing hot crypto tips.  Although, DCA-ing seems wise to me too. Takes some emotion out of the investing process.

As for the call on a coming dip Id need to know if thats based on charts & models or just speculation.  Not saying Id ignore experience-based hunches - this game has lots of unseen currents.  But backing it with data would make the warning resonate more.  Whats the group seeing that suggests rougher waters ahead?

I agree with that. Everyone knows that if there are two outcomes, one of them has to happen, but if someone is saying one of them has more chances of happening, they need to back their statements with some data that should make their statements stand out so that those reading or listening to them can have at least some trust in what they are saying. Even if I say that I feel like Bitcoin is going to go up in the next few months, if I'm not providing any data that I have analyzed or any proof for my research, it's all useless because anyone can speculate based on gut feelings.

So we can find a lot of experts if we start believing just in speculations they are making and this is probably one of the reasons why the whole market is so confused whether they should start investing or wait because some say there is going to be another dip, some say the market will start going up soon, and some say there won't even be a bull run anymore.

[Sebas.tian]

It is obvious that the current bear market will not last long. Buying in the dip and selling when the market is going up is the strategy that is always recommended. The only issue is to find the right crypto to get higher returns from the bull market. Finding the right ones does require good amount of research but risk factor always remains as investment is always risky in a volatile market.

I think, Many altcoins investors have applied this strategy in the bearish season to purchased altcoin some years ago and sold them early this year to make a passive income, because some altcoins price increased higher along side with Bitcoin this year 2024. Don't give your 100% trust to researchers to make your choice on a particular coin, because some time their prediction can fail to make those who followed their prediction to experience losses from their investment, but if you can carry out your personal research about the coins, you will definitely get it right to achieve a good income in the bullish season. It will be favourable to purchase altcoins that are not yet bullish this year, because all those altcoins will definitely increase higher before the end of this year to make their investors to achieve something reasonable from their investment.

[bitterguy28]

the majority of altcoin prices will fall when the bitcoin price is correcting, this cannot be denied so many experienced investors only make altcoins as part of their small investments, focus on investing in bitcoin for the long term, I make a profit every time when investing in the new altcoin, I will convert to BTC

Yeah just part of their diversified portfolio but the main holding is in Bitcoin because that will assure us all about the safety and the security of our funds in the next coming bull market.

For this reason, always do in-depth research on low cap altcoins, and usually meme coins have the opportunity to rise 20x faster than other types of altcoins. you can try buying meme coins now, but you must be ready to bear all the risks

Meme coins or even shitcoins are possible to be an investment but indeed that research will save us from being fooled and victim because there are lots of bad things happening in altcoin world.

[OrangeII]

It is obvious that the current bear market will not last long. Buying in the dip and selling when the market is going up is the strategy that is always recommended. The only issue is to find the right crypto to get higher returns from the bull market. Finding the right ones does require good amount of research but risk factor always remains as investment is always risky in a volatile market.

Although this technique is highly recommended, doing it is difficult. For example, right now, the market is experiencing a decline, but many people are hesitant to buy, because they think whether it will fall even further. However, if someone has the intention and has made an investment, then at that time, he needs to find out what investment is good for him to buy, because a person's thoughts change very quickly depending on circumstances.

[justdimin]

Meme coins or even shitcoins are possible to be an investment but indeed that research will save us from being fooled and victim because there are lots of bad things happening in altcoin world.

Honestly, it's not worth it. For those who say they invest only small amounts in meme coins, it is much better if they keep accumulating those small amounts and then invest them cumulatively in a good cryptocurrency that will at least give them some profit in case the market goes up very high.

Investing money in meme coins is like placing a bet in a gambling game where you will either win or lose but you don't know the results, and in a gambling, you have 50% chances of winning, but in a meme coin investment, you don't even have 50% surety whether it will manage to give you any profit or not because their price is completely dependent on community hype and if a coin doesn't get enough hype, its investors will lose their money just like that.

[redsun114]

It is obvious that the current bear market will not last long. Buying in the dip and selling when the market is going up is the strategy that is always recommended. The only issue is to find the right crypto to get higher returns from the bull market. Finding the right ones does require good amount of research but risk factor always remains as investment is always risky in a volatile market.

I think, Many altcoins investors have applied this strategy in the bearish season to purchased altcoin some years ago and sold them early this year to make a passive income, because some altcoins price increased higher along side with Bitcoin this year 2024. Don't give your 100% trust to researchers to make your choice on a particular coin, because some time their prediction can fail to make those who followed their prediction to experience losses from their investment, but if you can carry out your personal research about the coins, you will definitely get it right to achieve a good income in the bullish season. It will be favourable to purchase altcoins that are not yet bullish this year, because all those altcoins will definitely increase higher before the end of this year to make their investors to achieve something reasonable from their investment.

Well, if you are an old investor or a crypto enthusiast, you will likely buy early because waiting can only delay you. Buying early have benefits like you can also sell early than those who entered later than you. Yes all of us can deteriorate but it's better if we will not continue what we are doing once we feel it so that we can't do harm to our selves and to others.

It may not be avoided though, this is why it's important to also have our own knowledge. It still doesn't mean that we will now always be right. Mistakes and losses are still there and they are only normal. Not all alts that are still low, have a potential and their devs don't care about others. So let's be careful about them.

[goaldigger]

It is obvious that the current bear market will not last long. Buying in the dip and selling when the market is going up is the strategy that is always recommended. The only issue is to find the right crypto to get higher returns from the bull market. Finding the right ones does require good amount of research but risk factor always remains as investment is always risky in a volatile market.

Although this technique is highly recommended, doing it is difficult. For example, right now, the market is experiencing a decline, but many people are hesitant to buy, because they think whether it will fall even further. However, if someone has the intention and has made an investment, then at that time, he needs to find out what investment is good for him to buy, because a person's thoughts change very quickly depending on circumstances.

DCA are the easiest way to deal with the market without stressing yourself about "what if".
Altcoins will surely have their own time to pump that much and right now, it's not happening yet which means that we can still have time to accumulate and we should not waste any time now and start analyzing the altcoins that we want to invest with. Have a good strategy that can work with you, your own strategy matters the most here.

[Slow death]

I am a researcher at a popular broking company, I will try to provide some good information with you regarding the current market situation in our discord server.

In short :
By buying now you will have very good profit in the coming months but you should have the cashflow and emotional strength to go through dips.

If you want to buy alts now, the best strategy is to begin a DCA until Mid-end of June.

Quick Note to be more precise : from my Point Of View, we have a little bounce to fill BPR and breaker and then we might have another leg down.

When you talk about the time to buy altcoins, it may seem like it will be a good time for all altcoins, but it won't be. unfortunately in this altcoin market, I need people to be very careful, I personally have constantly seen a certain Instagram channel that keeps saying that the altcoin season is very close, the guy is ahead of you in saying that people should buy a lot of altcoins now because they will make a lot of profit, something like 10x. I usually laugh at this prediction because looking at the history of many old altcoins I realized that many old altcoins since the last 2 years are losing value and it is not the fault of bitcoin which until a few months ago had fallen a lot

many altcoins have fallen a lot since 2 years ago because new projects are emerging and when people sell those old altcoins and buy recent meme projects, they don't buy those old altcoins again, so this idea of altcoin season, and you need to be very careful with altcoin, because they can buy certain altcoins that will no longer rise 2x or 3x as they did in the past, for example what I'm talking about is the case of litecoin

https://coinmarketcap.com/currencies/litecoin/

In the past, Litecoin reached more than $300, but if you look at the current price, you will realize that buying altcoin now at $80 is a waste of time and money because it will not rise 2x or 3x like in the past, this is because people are focused in meme coins. they don't care about litecoin, which is similar to bitcoin, but bitcoin also has much more acceptance from governments and has an acceptable transaction rate, so between investing in litecoin or bitcoin or meme currency, but people choose to invest in bitcoin and meme coins

[senyorito123]

Many people who trade alts started the newborn tokens which about to get a hype right now.
Well, actually there's always a risk behind all investment but thinking to a ways about alts doing our own research will be best. These days many small value tokens was listed on popular exchanges like mexc, kucoin and binance which I'm using for years. I'm about to buy those tokens also and I'm looking forward to hold them and wait for a good hype to commence soon. Maybe $20 is enough before that alt season happens.

[rodskee]

I am a researcher at a popular broking company, I will try to provide some good information with you regarding the current market situation in our discord server.

In short :
By buying now you will have very good profit in the coming months but you should have the cashflow and emotional strength to go through dips.

If you want to buy alts now, the best strategy is to begin a DCA until Mid-end of June.

Quick Note to be more precise : from my Point Of View, we have a little bounce to fill BPR and breaker and then we might have another leg down.

your title is not supporting your thread because you are not totally asking but you are trying to give
advises to people who wanted to invest or at least planning.
Why not give your discord server here ?
though that is good to have DCA in this moment now the market is still showing up and down
things that we must understand a hard way to decide if you are not willing to keep holding.

[martinex]

In short :
By buying now you will have very good profit in the coming months but you should have the cashflow and emotional strength to go through dips.

It should and don't forget to look at the market capitalization, if it's big maybe it's really worth buying and holding for some time and don't expect that once buy one day the price of the token we buy will rise sky-high. Doge alone took 5 years to increase at a fantastic price compared to the price 5 years ago. However, for fundamentals the most perfect is BTC although it often experiences ups and downs it is common also the market sometimes goes up and sometimes down.

If you want to buy alts now, the best strategy is to begin a DCA until Mid-end of June.

If the investment model is long-term and you are able to hold it for a long duration, I don't think you need to bother using DCA, just buy it once and hold it for the next 5 years, because that's the real investment pattern that will change the situation, if you trade, I think the percentage loses more than you get a profit.

[bitterguy28]

Meme coins or even shitcoins are possible to be an investment but indeed that research will save us from being fooled and victim because there are lots of bad things happening in altcoin world.

Honestly, it's not worth it. For those who say they invest only small amounts in meme coins, it is much better if they keep accumulating those small amounts and then invest them cumulatively in a good cryptocurrency that will at least give them some profit in case the market goes up very high.

While some of your comment is correct but remember that in crypto there is no impossible specially in shitcoins and memecoins that they are moving something good sometimes.
and making them into our folio sometimes has a goodr esult.

Investing money in meme coins is like placing a bet in a gambling game where you will either win or lose but you don't know the results, and in a gambling, you have 50% chances of winning, but in a meme coin investment, you don't even have 50% surety whether it will manage to give you any profit or not because their price is completely dependent on community hype and if a coin doesn't get enough hype, its investors will lose their money just like that.

yeah right , but remember even gambling sometimes brings us luck though that is too small chances lol.