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Author Topic: Should I buy ALTs now or no?  (Read 514 times)
bastian466
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June 01, 2024, 07:46:11 PM
 #61

DCA is a good strategy to buy any coins or tokens to the dip price but even if you do it to coins or token you like without a deep research about the coins/token you are planning to keep DCA you might end up earning negative profit.

So if you want to avoid them better do it only to the top 10 coins listed on Coinmarketcap and coingecko but the only problem is other altcoins are way more volatile than the current top 10 coins. If you are a risk taker you can do DCA to any altcoins from the top 100 just make sure to diversify them because some altcoins are not performing well and old coins like TRX is not performing nice these days even the price of BTC drop it keeps increasing.
My choices are also focused on the top 10 and in addition I add 5 more to make the top 15 in addition if needed and what if I use the DCA strategy on various different altcoins, will the results be more optimal or vice versa, but it looks very complicated if the spread too big, but the investment has many opportunities

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June 01, 2024, 08:15:17 PM
 #62

My choices are also focused on the top 10 and in addition I add 5 more to make the top 15 in addition if needed and what if I use the DCA strategy on various different altcoins, will the results be more optimal or vice versa, but it looks very complicated if the spread too big, but the investment has many opportunities

For some major altcoins, the spread or gap is low compared to Meme tokens like $Turbo or $Pepe the spread for both of these is pretty high I don't know why coingecko shows a low spread but the fact is if you directly buy them from exchanges it's pretty high but we don't have other choices if we want to buy a coin in a dip price only DCA strategy will work traders can't not determine where is the dip but they keep DCA at the best position on the current market structure. For example, they buy only in a support area or a place where you know in demand if it fails and the price drops further then that's another opportunity to buy a coin at a very cheap price DCA comes in that's the only strategy works on spot trading if you believe on the coin or token you are investing to.

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June 02, 2024, 10:27:35 AM
 #63

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.
I don't think what people said to you when you posted thread but if you want to know what is the situation now then I would say that it's the perfect time to closely observe the performance of Bitcoin.

Like in the previous some days BTc is showing some positive signs and if it continues doing that then we should invest in different altcoins that will surely follow the trend that BTC will be following.

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June 03, 2024, 12:47:50 PM
 #64



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June 04, 2024, 11:11:00 AM
Merited by cryptomaniac_xxx (1)
 #65

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.
I don't think what people said to you when you posted thread but if you want to know what is the situation now then I would say that it's the perfect time to closely observe the performance of Bitcoin.
what do you not know is he is asking about what strategy to do and what altcoins to invest because it is the perfect time to buy altcoins while bitcoin is still loading to reach the top.
remember that we are close to experiencing the bull market any time soon.

Quote
Like in the previous some days BTc is showing some positive signs and if it continues doing that then we should invest in different altcoins .
bitcoin will always starts the bull , means once its totally growing then expect in the next months that altcoins will follow  and create their own ATH.
but that is limited to legit project and shitcoins will lead to  pump and dump so be ready.

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June 04, 2024, 11:40:32 AM
 #66

what do you not know is he is asking about what strategy to do and what altcoins to invest because it is the perfect time to buy altcoins while bitcoin is still loading to reach the top.
remember that we are close to experiencing the bull market any time soon.
Quote
Like in the previous some days BTc is showing some positive signs and if it continues doing that then we should invest in different altcoins .
bitcoin will always starts the bull , means once its totally growing then expect in the next months that altcoins will follow  and create their own ATH.
but that is limited to legit project and shitcoins will lead to  pump and dump so be ready.
Before, a good investment strategy was buy low and sell high but now the situation has changed and it was now DCA or buying at any times or at any price and yeah that we can't just apply it right away but we need to choose the cryptos first that we think are deserving for it or for our money.

Alts must be doing well now compared to BTC but even if not, it is still a perfect time for buying because we are now doing a DCA. Maybe some likes to buy alts thinking when BTC pumps it will follow. That's true but be sure we also have a BTC and it should be first before anything else. We are still in the bull run but we haven't only reached the peak of it yet, so let's stay tuned.

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fauzan Ichsan
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June 05, 2024, 06:56:28 AM
 #67

what do you not know is he is asking about what strategy to do and what altcoins to invest because it is the perfect time to buy altcoins while bitcoin is still loading to reach the top.
remember that we are close to experiencing the bull market any time soon.
Quote
Like in the previous some days BTc is showing some positive signs and if it continues doing that then we should invest in different altcoins .
bitcoin will always starts the bull , means once its totally growing then expect in the next months that altcoins will follow  and create their own ATH.
but that is limited to legit project and shitcoins will lead to  pump and dump so be ready.
Before, a good investment strategy was buy low and sell high but now the situation has changed and it was now DCA or buying at any times or at any price and yeah that we can't just apply it right away but we need to choose the cryptos first that we think are deserving for it or for our money.

Alts must be doing well now compared to BTC but even if not, it is still a perfect time for buying because we are now doing a DCA. Maybe some likes to buy alts thinking when BTC pumps it will follow. That's true but be sure we also have a BTC and it should be first before anything else. We are still in the bull run but we haven't only reached the peak of it yet, so let's stay tuned.
altcoin investment can make us win the jackpot, but it will be difficult if we all invest in altcoins, let alone new altcoins, therefore a balance is needed, namely investing primarily in bitcoin, so that there will be no stories that the money runs out because of investing in cryptocurrency. The important thing is that when we make a decision, it comes from ourselves, so that whatever happens we will not be disappointed for a long time by our personal decision

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June 06, 2024, 05:29:15 AM
 #68

what do you not know is he is asking about what strategy to do and what altcoins to invest because it is the perfect time to buy altcoins while bitcoin is still loading to reach the top.
remember that we are close to experiencing the bull market any time soon.
Quote
Like in the previous some days BTc is showing some positive signs and if it continues doing that then we should invest in different altcoins .
bitcoin will always starts the bull , means once its totally growing then expect in the next months that altcoins will follow  and create their own ATH.
but that is limited to legit project and shitcoins will lead to  pump and dump so be ready.
Before, a good investment strategy was buy low and sell high but now the situation has changed and it was now DCA or buying at any times or at any price and yeah that we can't just apply it right away but we need to choose the cryptos first that we think are deserving for it or for our money.

Alts must be doing well now compared to BTC but even if not, it is still a perfect time for buying because we are now doing a DCA. Maybe some likes to buy alts thinking when BTC pumps it will follow. That's true but be sure we also have a BTC and it should be first before anything else. We are still in the bull run but we haven't only reached the peak of it yet, so let's stay tuned.
actually there are still HODLING and Buying low Selling High now and I am still idolizing those Hodlers that I can find here in
our forum that have been holding their coins since 2011 and they are really inspiring .
but yeah DCAing is one of the best and most popular strategy now but this is not as easy  as how many says , because there is also a risk in each
when your coin is not going to what you are desiring .

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June 06, 2024, 08:10:37 AM
 #69

altcoin investment can make us win the jackpot, but it will be difficult if we all invest in altcoins, let alone new altcoins, therefore a balance is needed, namely investing primarily in bitcoin, so that there will be no stories that the money runs out because of investing in cryptocurrency. The important thing is that when we make a decision, it comes from ourselves, so that whatever happens we will not be disappointed for a long time by our personal decision

Their main problem is defense alone, if the owner also sells on the market and doesn't look for other alternatives to add partners and other investors, I think this is very possible. How can it survive if that is also done?

The hope of all buyers is to make a profit and this is why many people only participate in it for a short time and on average when the hype is busy, if not empty of buyers.



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June 06, 2024, 10:57:25 AM
 #70

yeah DCAing is one of the best and most popular strategy now but this is not as easy  as how many says , because there is also a risk in each
when your coin is not going to what you are desiring .
Using DCA is not a bad ideal but the person must have a constant income to plan for the DCA because once the set day has come then you are to make the purchasing and once you missed dollar - Cost - Averaging (DCA) the. Then the person will also missed out the long term investment plan so whenever someone plan for DCA he has to be consistent so the long term goal can be achieved.

and if the person can't meet up the DCA method then he should just invest at once and rest.

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June 06, 2024, 06:46:43 PM
 #71

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.

So basing up on what i have understand, then you are really that trying to lure in people to join up with your discord server. Well, its not something new though.

Point
#1. Buying now isnt really that guaranteed to make profits in coming months no unless if you would really be tending to hold specially Bitcoin but speaking with short term
approach then entering on the current market condition is something that gives me some hesitation but well it would really be always your choice.

#2 DCA on mid end of June? Is there a possible DIP? Yes or no? No one really knows.

There's no such thing about precision in speaking on the analysis that we are really that making use but even if its that totally random and unpredictable,
nothing beats out into those people who do make use of relevant tools or things that could really be helping them out in regarding
possible best entry points and potential exits.

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June 07, 2024, 12:34:52 AM
 #72

yeah DCAing is one of the best and most popular strategy now but this is not as easy  as how many says , because there is also a risk in each
when your coin is not going to what you are desiring .
Using DCA is not a bad ideal but the person must have a constant income to plan for the DCA because once the set day has come then you are to make the purchasing and once you missed dollar - Cost - Averaging (DCA) the. Then the person will also missed out the long term investment plan so whenever someone plan for DCA he has to be consistent so the long term goal can be achieved.

and if the person can't meet up the DCA method then he should just invest at once and rest.
Exactly mate and this means one thing about DCA and that is we must not completely
 rely in this profiteering I stead have a job and work for your living ,just use this crypto
for future plans because the assurance and the security cannot tell by day but instead in
 long term ,thanks for this valuable explanation mate our co crypto users need this kind of
stuffs here

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June 07, 2024, 09:28:23 AM
 #73

Exactly mate and this means one thing about DCA and that is we must not completely
 rely in this profiteering I stead have a job and work for your living ,just use this crypto
for future plans because the assurance and the security cannot tell by day but instead in
 long term ,thanks for this valuable explanation mate our co crypto users need this kind of
stuffs here

I think it's exactly as described by @dunfida and this is about understanding and ending with decision making in investing. The winner is the person who has patiently saved BTC for a long time.

Regarding the decision to enter and buy whether to use DCA or not, this is completely dependent on initiative, just like investing in BTC, only those who believe and those who don't believe it is impossible to do it consistently.

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June 10, 2024, 06:49:34 AM
 #74

yeah DCAing is one of the best and most popular strategy now but this is not as easy  as how many says , because there is also a risk in each
when your coin is not going to what you are desiring .
Using DCA is not a bad ideal but the person must have a constant income to plan for the DCA because once the set day has come then you are to make the purchasing and once you missed dollar - Cost - Averaging (DCA) the. Then the person will also missed out the long term investment plan so whenever someone plan for DCA he has to be consistent so the long term goal can be achieved.

and if the person can't meet up the DCA method then he should just invest at once and rest.
For those who trade using the DCA method, this is a fundamental thing for them to understand that you should first look at your balance and determine how much and how many coins you want to buy at what time. And so that you can sell back if the market goes down so you can buy more coins. Last year my friend and I were trading together using the DCA method. I also advised him that don't buy with such a large amount, you won't have money left to buy later, but unfortunately, he didn't listen to me and when the actual point came to buy, he didn't even have enough money to make the purchase.

For successful trading, traders should be active all the time and updated all the time then it is possible to make profitable trade at the right time otherwise if someone does DCA without thinking then I don't think he will get the desired profit. may be obtained or as far as desired. We all make mistakes when we are new in the market and there are many things that we understand only after making mistakes so everyone learns from their mistakes and gains experience. This forum is a very good place where people share their mistakes and is a great place for newbies to learn by making mistakes.

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rodskee
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June 10, 2024, 08:31:13 AM
 #75

Exactly mate and this means one thing about DCA and that is we must not completely
 rely in this profiteering I stead have a job and work for your living ,just use this crypto
for future plans because the assurance and the security cannot tell by day but instead in
 long term ,thanks for this valuable explanation mate our co crypto users need this kind of
stuffs here

I think it's exactly as described by @dunfida and this is about understanding and ending with decision making in investing. The winner is the person who has patiently saved BTC for a long time.
everything lies in our decision making , that is what and why our money goes because you will care about
your money? of course its you and same reason why I am just getting advised and strategy here but
never to copy what others saying completely.

Quote
Regarding the decision to enter and buy whether to use DCA or not, this is completely dependent on initiative, just like investing in BTC, only those who believe and those who don't believe it is impossible to do it consistently.
maybe the best way to understand DCA is when others who has been expert in this will share their
skills and advancement because DCA is the most and best strategy that what Bitcoin holder is doing now,

Maestro75
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June 10, 2024, 04:30:45 PM
 #76

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.

You opened this thread like you wanted to present a direction with specific coins to look at and buy. By mentioning ALTS are you referring to a particular coin called ALTS or you are referring to many of them? If you are referring to many of them that means you did not get it right because there are many altcoins people should not even dream of buying. Those altcoins are shit and scam coins waiting to be rug pulled. No one should invest without making their research.

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asriloni
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June 11, 2024, 03:49:00 AM
 #77

Exactly mate and this means one thing about DCA and that is we must not completely
 rely in this profiteering I stead have a job and work for your living ,just use this crypto
for future plans because the assurance and the security cannot tell by day but instead in
 long term ,thanks for this valuable explanation mate our co crypto users need this kind of
stuffs here

I think it's exactly as described by @dunfida and this is about understanding and ending with decision making in investing. The winner is the person who has patiently saved BTC for a long time.

Regarding the decision to enter and buy whether to use DCA or not, this is completely dependent on initiative, just like investing in BTC, only those who believe and those who don't believe it is impossible to do it consistently.

We can't really generalize that if the diamond hand will always be winning the game. Those bitcoin holders were so damn lucky caused by they were holding the most legit coins in the cryptocurrency. What about those who are holding altcoins now?



CMC's greed and fear index has been showing a slight decrease. A few days ago, it was above 70. It means crypto users are not feeling so confidence with the current market situation.

DCA is good for now but we must also be patiently waiting for the deep. It's not funny when you are getting trapped at the bottom while others can buy at the bottom. It's clear that if bitcoin is getting rekt.

The better if we are waiting it patiently. Im sure that btc may break 67k soon.

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