Investing altcoins now or during halving? - page 13.

rhomelmabini

hero member

Activity: 2002

Merit: 578

Quote from: Jonyshake71 on December 01, 2023, 03:37:01 PM

Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now?? Or During/After BTC Halving while you can buy altcoins with low price?

I believe pre halving we may see a correction probably January something like that, don't chase greens just because your favorite influencer tend to talk about it. Moreover, in the long term it will come to fruition so now probably look for narrative that will play major role in the coming bull run and look for those laggard/low cap altcoins.

nelson4lov

hero member

Activity: 2100

Merit: 794

Top Crypto Casino

It's a hard call to make. This os because the market is currently bullish and the deadline ofor several ETF is early January but top traders I know are expecting one more big drop to occur before we can consider the market to be in upONLY mode — however, in previous bull runs, the market doesn't trend upwards (strongly) until after the halving events; several months even. But the idea is that this bull run (or the upcoming) is different.

goaldigger

sr. member

Activity: 2380

Merit: 357

You can start anytime as long as you have the extra money intended for crypto investments.
Ideally, buying during the dump price are more advisable since its cheaper but we cannot force anyone to buy if they are not ready and still waiting for more confirmations before they buy.

The only difference here is the possible price value before and during the halving, there’s no guarantee than the price will rise during halving anyway that’s why you should focus more on your strategy and know when to buy and sell.

wheelz1200

legendary

Activity: 3640

Merit: 1407

It's impossible to Guage the bottom so if you don't want to miss out but don't want to buy too high than dollar cost average weekly or monthly. So instead of going all in buy some now and some later. That way ypu don't miss a pump completely but don't have the downside risk of your full bag if it drops.

batang_bitcoin

hero member

Activity: 2996

Merit: 600

Eloncoin.org - Mars, here we come!

Quote from: TimeTeller on December 01, 2023, 04:17:23 PM

Quote from: batang_bitcoin on December 01, 2023, 03:47:15 PM

It depends on when I can avail them but if I invest, I'd do it before the halving happens. Just as bitcoin does, most of the altcoins are also going to move anyway after Bitcoin's reaction after the halving. If you have a better choice and you're able to buy at the same season then that's much better. You'll also DCA just as what everyone does with Bitcoin, if you are able to do so with altcoins and you should have done it before the halving for actual Bitcoin so you don't miss both ends.

In selecting alts, it is still best to invest on alts with actual use case as it will have reason to survive in the market.
Also, as much as possible, with active development and visibility from the dev team themselves.
Aside from bitcoin, there are truly worthwhile alts to look at. But should really do your own assessment on their existence.

I reckon about alts that have real use cases. But we can also see that this market have people that are interested over nonsense altcoins and they're pumping. I am not saying people should invest on those because no matter what happens, it's your money and I am just saying that there were pumps that do happen like those, right? It's gonna be a choice of yours on how you'd be selecting them because not all alts are worth to invest but can't also deny that even the most worthless alt can pump due to hype.

Sophokles

hero member

Activity: 1190

Merit: 516

Eloncoin.org - Mars, here we come!

Quote from: Jonyshake71 on December 01, 2023, 03:37:01 PM

Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now?? Or During/After BTC Halving while you can buy altcoins with low price?

Just think of the scenario what will happens if bitcoin ETF approval news comes out tomorrow and the price of bitcoin starts pumping? Whales who are holding various altcoin all this time will start selling their altcoin to buy bitcoin. Bitcoin will pump but altcoin will bleed heavily. So my prediction is there will be more chances to buy altcoin in the coming month. So if you are tracking some altcoin that you want to buy for the next bull season then be prepared for the upcoming discount price in the altcoin market.

If you want to get some short term profit then you can still invest in the altcoin which hasn't pumped much till now because the month of December can also be in the positive side. So there is still chances to grow altcoins before anything bad happens to the market.

TimeTeller

hero member

Activity: 2730

Merit: 588

Quote from: batang_bitcoin on December 01, 2023, 03:47:15 PM

It depends on when I can avail them but if I invest, I'd do it before the halving happens. Just as bitcoin does, most of the altcoins are also going to move anyway after Bitcoin's reaction after the halving. If you have a better choice and you're able to buy at the same season then that's much better. You'll also DCA just as what everyone does with Bitcoin, if you are able to do so with altcoins and you should have done it before the halving for actual Bitcoin so you don't miss both ends.

In selecting alts, it is still best to invest on alts with actual use case as it will have reason to survive in the market.
Also, as much as possible, with active development and visibility from the dev team themselves.
Aside from bitcoin, there are truly worthwhile alts to look at. But should really do your own assessment on their existence.

ShinyStarPrincess

newbie

Activity: 70

Merit: 0

The time is allways before the Halving, is when you can find the best prices. Check TAO, VRA, PYTH or GameFI hubs like UOS or GMEE ( I found this token on Bitget thanks to an official announcement of the twitter account)

batang_bitcoin

hero member

Activity: 2996

Merit: 600

Eloncoin.org - Mars, here we come!

It depends on when I can avail them but if I invest, I'd do it before the halving happens. Just as bitcoin does, most of the altcoins are also going to move anyway after Bitcoin's reaction after the halving. If you have a better choice and you're able to buy at the same season then that's much better. You'll also DCA just as what everyone does with Bitcoin, if you are able to do so with altcoins and you should have done it before the halving for actual Bitcoin so you don't miss both ends.

Jonyshake71

member

Activity: 312

Merit: 10

Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now?? Or During/After BTC Halving while you can buy altcoins with low price?

Topic: Investing altcoins now or during halving? - page 13. (Read 2067 times)