To buy or not to buy?

[Conqueror777]

The crypto market has been in the "red zone" (bearish) for quite some time now. Altcoins have been hit real hard, losing a significant portion of their value compared to Bitcoin. Uncertainty is very high right now.

It makes me wonder whenever now it's a good time to buy more alts (especially prominent alts) or should I wait a little longer? I hear that central banks will keep rates high (or raise them) due to the deteriorating economic situation. If that's the case, then crypto will continue to decline during the remainder of the year.

What do you think?

Honestly I think this is the best time to invest in alt coins, however, I am not a financial analyst.

[JamesDaniel90]

Bitcoin is expected to bottom in the next 6-10 weeks, now is the time to DCA into alts as they wont be at these prices much longer.

Alts are down 70-90% from their highs last year so there current prices are a good enough discount for me.

[dwyane36]

Bitcoin is expected to bottom in the next 6-10 weeks, now is the time to DCA into alts as they wont be at these prices much longer.

Alts are down 70-90% from their highs last year so there current prices are a good enough discount for me.

Yes, some altcoins have already plummeted so much since the end of last year that they’re now just languishing at the bottom. It’s likely that during this very period, major players are quietly buying them up, while most ordinary traders and investors either don’t notice this or have simply had their wallets severely depleted by the bear market.