What are your thoughts on the market right now? - page 3.

bettercrypto

sr. member

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

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.

Sophokles

hero member

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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.

Dr.Bitcoin_Strange

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

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.

target

legendary

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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.

Oshosondy

legendary

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

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.

xandriel

sr. member

Activity: 586

Merit: 251

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.

) Lol, that's my prediction for fun. This is not financial advice

cryptocrypto11

newbie

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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

eth0x432FF

newbie

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Merit: 0

Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

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.

AndrewRun

newbie

Activity: 3

Merit: 0

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

Topic: What are your thoughts on the market right now? - page 3. (Read 376 times)