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Author Topic: What are your thoughts on the market right now?  (Read 413 times)
AndrewRun (OP)
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March 29, 2024, 11:18:43 AM
 #1

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?
eth0x432FF
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March 29, 2024, 11:25:04 AM
 #2

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?
Better to buy some now and set aside spare USDT to buy later.
I would take a closer look at OP, AVAX and consider the AI sector. You should also allocate your capital wisely so you don't buy these coins with your entire deposit.
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March 29, 2024, 11:42:34 AM
 #3

I think that now is a good time to buy altcoins, the market is in the accumulation phase, I think that the end of May-June will start the alt season and you can take your profit
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March 29, 2024, 11:59:13 AM
 #4

Yes, maybe this is a good time to invest in altcoins. I think Bitcoin will reach a new ATH again, and then it will be altcoin season. When people have made a lot of profit from altcoin seasons, they will continue to invest in some meme tokens and game tokens. Then maybe a big scam will appear and crash the market. Smiley) Lol, that's my prediction for fun. This is not financial advice

 
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March 29, 2024, 12:01:05 PM
 #5

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?
If you are going for altcoins, know that they are highly volatile. You can see some altcoins that have increased 10 times or more. If they want to fall, they will fall massive also. I can not tell anyone to buy altcoins for now as they have already risen so much. But if it is bitcoin, that is still good as it will not be volatile like the altcoins.

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March 29, 2024, 12:58:28 PM
 #6

The market doesn't seem to go up or down which is hard to assume where it will go from here since looking at the indicators, most of them even BTC are somewhat overbought already.

But if you have to buy, choose the one that has good updates already. FET does have updates recently where they are merging with other AI projects, though it's a positive update, I'm still skeptical. I would just keep my stablecoin still.
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March 29, 2024, 02:40:00 PM
 #7

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

There are no crypto assets that are so unpredictable, like altcoins. You can at least predict that the Bitcoin price will spike during a bull market, and definitely the price of Bitcoin will spike during the bull market, but when it comes to altcoin predictions, you are never sure what to expect, especially for most of these new altcoins that are trending. There are some old and established altcoins like ETH, BNB, Matic, Solana, etc., for which someone can actually have hope that their price will pump during the Bitcoin bull market, but if you are going to invest in new altcoins, I would suggest you do so with caution and also invest the amount you can afford to lose. 

Luckily, sometimes there are a few or most of the new altcoins that can generate a huge profit for investors, but if you get unlucky, you will lose your asset to such an investment. 

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March 29, 2024, 03:18:01 PM
 #8

What i am seeing is that marketing is preparing for a major rally, and current negative news are mostly to shake off the final weak hands. Those who don't want to sell off even in this shake off will never sell where ever the price goes. So we can say we are in a accumulation zone right now where bitcoin made its resistance around 70k and support around 60K. That means there is an almost 10k price gap which is a lot to shake off the whole altcoin market. But in the long run i am expecting a major rally from the whole market 1 month after the halving.
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March 29, 2024, 03:22:44 PM
 #9

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

We are still bullish; if I look at the price of Bitcoin, it is only playing at 69k to 70k; its support has not yet been broken. Its range is somewhat smooth and sluggish,
a sign that the upward trend will continue.

Just remember that no matter how long the consolidation that he will do, the percentage that his price will raise is for sure. That's what we need to prepare for now, so let's just hold on for now.

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March 29, 2024, 04:06:45 PM
 #10

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?
It depends on which altcoin is being monitored at the moment. If the altcoin you are monitoring has strong fundamentals and still has upside potential, then there is no harm if you also dare to accumulate it now. But by buying little by little or accumulating gradually. So that if the market experiences a correction, you can still buy back from a lower price. But it all depends on your decision whether you are ready to take the risk or not. The decision to wait for the market to experience a correction again is also a good decision. As long as the altcoin that will enter is not yet the time to show its hype or there is no urgent event coming soon. DYOR

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March 29, 2024, 04:33:06 PM
 #11

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?
If you want to stock up altcoins for spot trading then you can. But you have to understand some volatility of the market. if you don't understand the volatility of the market, you won't be very successful in trading. Right now you can see the market fluctuating between $60,000 and $70,000. But if you have to do spot trading in this market then you can do it I think it will be good but short time trading will be better for you right now if you do short time trading you will be successful. Don't be too greedy If you are too greedy in this market but you will suffer in the trading platform. If you take small profits you will be in profit.

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Bushdark
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March 29, 2024, 05:08:17 PM
 #12

I would always advise you to buy coins that has been in the market for long and that had survived the bear market.
This is one of the ways we could know a good project especially looking at the market capitalization.
This would give you insight of what you are buying and what you should be expecting as an investor. The crypto market has so many projects available and the ones that would be launched soon so we should be prepared and ready to make proper investments buying and storing good project for the bull.
You can check Coinmarketcap so get more information about crypto projects.

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March 29, 2024, 05:30:03 PM
 #13

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?
Buy if you are ready and you have the money. And wait if you're not yet ready and you think that it's not yet the time for you to buy.
It's always the miss universe question by many of the folks when they can't decide for themselves. That's why for you OP, you have to decide for yourself on how your plan is.

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March 29, 2024, 07:30:17 PM
 #14

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

That should be your decision to make based on what you want to achieve and how long you have been in the market. If you have been around, and have seen lower prices, then you will barely enjoy buying at this point, but if you haven't been here and joined just recently, maybe you can buy at the current prices by applying the DCA method which will save you from the volatility of the market if you buy in one go.

Bitcoin Block Halving event will occur next month, and market dynamics will experience a change for sure but whether the initial change will be positive or negative is unknown to all of us. Thus, there is no proper answer to your question of whether you should wait or buy right now.  Smiley

P.S: A suggestion from my side would be to always do your research before making an investment in a cryptocurrency, even if it's Bitcoin, if you are making your first investment in it, you need to know about it.

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March 29, 2024, 08:28:04 PM
 #15

You can buy if you can be actively monitoring the market because at the moment Bitcoin is on upward trend this giving a good boost to Altcoins but once again the Altcoins will be the first one to dip hard if Bitcoin dips hence there is definitely larger risk involved as this involves good profit as well. But don't go all at once so it in parts to ensure if there is minor dips you can benefit form that as well.

But if you cannot actively monitor the market then don't go for Altcoins.

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March 29, 2024, 08:37:48 PM
 #16

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

I think we are currently in a discovery phase after a steep rise. There are always such sideways phases after a strong bull run. As there are currently no real price drivers, but the market is still positive in anticipation of the halving, I assume that we will remain between 60 and 80k for the time being. After the halving, there is usually more selling pressure before the market moves up again, usually followed by an ATH. This has been the case in the past. However, the game has changed a bit with ETFs. Much more money can now be easily invested and disinvested. But I think we will continue to follow the familiar pattern, so I stay bullish.
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March 29, 2024, 09:06:02 PM
 #17

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Any altcoin with a team behind working tirelessly with some good updates over the year is a good buy but please avoid meme coins even though are they promising to a lot of people, they don't represent what altcoins are even though they can't really have much achievement like the way Bitcoin has benefits from this market. You can have just diversify your portfolio with some later 1 altcoins and some new listed coins that hasn't done well this season.

You can also include coins that hasn't really go far this bullrun, there are room for more growth and expect some good updates around these altcoins, it is these updates that traders used in shillings coins. So if you get one and see update, you will know when it's the time to exit the market after having all the profits that you really needed.

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March 29, 2024, 09:41:56 PM
 #18

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Any altcoin with a team behind working tirelessly with some good updates over the year is a good buy but please avoid meme coins even though are they promising to a lot of people, they don't represent what altcoins are even though they can't really have much achievement like the way Bitcoin has benefits from this market. You can have just diversify your portfolio with some later 1 altcoins and some new listed coins that hasn't done well this season.

You can also include coins that hasn't really go far this bullrun, there are room for more growth and expect some good updates around these altcoins, it is these updates that traders used in shillings coins. So if you get one and see update, you will know when it's the time to exit the market after having all the profits that you really needed.
•Good Utility project
•Non stop working Developers for further changes and updates
•Good and active community
•Heavy back up partnerships
•Some sort of hype

You could really be having those kind of considerations on which this is something that a criteria on a project that would really be potentially that make up some
relevance on upcoming bull run period. Although it wont really be that an assurance because it would all be depending on the community demand and recognition in the end.

Thing here is that on the selection of those potential projects that you would really be tending to add up into your portfolio then it would really be on your choice.
Market is never been predictable and it would be always be and if you are really that not careful on taking up some selections then you might be ending up on investing into some shit coins.

You should really be making those entry and exit points on a meticulous manner if you do really like to have that an effective kind of
dealing up with crypto space.If you dont like on making yourself that lagging behind then you must do it.

R


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March 29, 2024, 10:05:08 PM
 #19

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

One coin I will advice you to buy just any time is the bitcoin because this is the only coin that theirs certainty that it will increase from any of its current price now when you hodl for the right time. But investing in Altcoins is something that is too risky because more of the Altcoins who have pushed up actually are risky to invest in. Buying a pump is very dangerous the fall could he it’s final. So the best thing is if you study a market and you are confident about that ecosystem doing well. So the best thing is to invest in those coins with just 75% of the amount you intended, and then DCA later if they dump. This is the strategy that I think is the best for Altcoins and you should learn when to take profits also on traders most especially if they are memes

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March 29, 2024, 10:05:48 PM
 #20

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

The altcoin community is also a large community in the crypto space and altcoin represents a lot of coins that are tradable but are not bitcoin. They are named like that because they can only be alternate to bitcoin and cannot perform well as bitcoin as done to create a gateway for other types of cryptocurrencies. When looking to invest in altcoins, try and diversify your portfolio because as many are promising, many of them are also not promising. Again, while few can be promising, a lot can’t still be promising. Before investing in altcoins, it is important to do good research on those projects, know the team behind the project and know how well they can do in the long term after investing in them. If you’re new to the cryptocurrency space, becareful with shitcoins, they should be the least in your portfolio to invest in if need be. Hold on to strong altcoins that have potential to do well in the long run especially during bull run season.

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10,000x
 
MULTIPLIER
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NEARLY
UP TO
50%
REWARDS
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