Topic: Best time to keep investing? market is crumbling again - page 6. (Read 3664 times)
Bitcoin is likely to fall even lower in value. That's when you can buy it again. About altcoins, I would not invest now. Well, maybe only ether. Because they don't look very attractive right now.
Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??
Do not just buy coins just because it is cheap, you should buy altcoins that have potential to grow again. You will only experience loss if you will buy altcoins that are not capable of having characteristics in surviving in the market. 
It is hard to predict where price goes, that is why I am investing no matter the price, the strategy what I am following is called dollar cost averaging. It is a best strategy for long term HODL, recommend toe veryone!
Yes it is true that the price of Alt on the market cannot be predicted with certainty when it will go up or down, but at least we can estimate a little. Long-term ownership is indeed more effective and also has greater benefits, but it is still risky if the coins we buy are not good, Bitcoin and Ethereum might be the best choice for the long term because of relatively high price increases compared to others. Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??
I know for sure that no one can answer your question with an accuracy of 100% in which cryptocurrency you need to invest. You should always remember that any investment is a risk, and investments in cryptocurrency are high-risk. As for me, I would invest part in bitcoin and part in top altcoin, for example ETH. I have been following the market for a long time and studied the history of market development, and saw a certain pattern, cycles. All this makes me understand that we are now at the beginning of a new cycle of market growth. This does not mean that growth will be tomorrow or at the end of this year. All this may happen within the next 2 to 4 years. This is just my guess, not a statement.
It is hard to predict where price goes, that is why I am investing no matter the price, the strategy what I am following is called dollar cost averaging. It is a best strategy for long term HODL, recommend toe veryone!
I think btc and Eth always best investment like my mind basically when btc or Eth price goes to dwon then i take buying and holding enjoy, and i know this two coin most amazing for making profitable.
Regarding altcoins, everything is quite simple. They have already fallen by 99-100% in price, little can happen worse than this, except that capitalization will go down to zero. Of course, it’s hard to even say approximately when there will be a rebound upward, but the fact that altcoins are at the bottom can be a good buy signal. The question is what goals do you pursue, because now you can make good money with a lot of dynamic coins, for example, such as DENT.
Well, I've learned over time never to underestimate just how low some coins can go. But I do think (or at least sure hope) many coins have hit their bottom. If btc just floats around the $7500-$8500 level for the remainder of the year and btc dominance get can down to at least under 60%, we may see some sort of altcoin season this year. Nothing crazy, but at this point any movement up at all would be welcome.
Frankly speaking, it’s just about our choice. If we are capable enough, I will say all time is good time but if we are not good enough, it just never works. My preference is to ensure that my portfolio is well spread across instead of just getting specific. I have almost every single top name but aside that, I also have invested on options like FYDCoin, which is a massively popular option and highly worthy of lookup. But there are many more as well that we could look at.
This is the best time to invest because the market is crumbling again in which the coins are getting dump at all times so that was a good chance to make investments and wait until the great pump up and the bullish of the market in which we can make a lot of earnings by that. Because remember way back year 2017 the great bullish of the market in crypto comes, lets just wait the 3 golden cross to come and I assure that we will gain profit than the usual.
yup! i think that's a pretty good idea.
i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
I think your actions are right because the Altcoin season hasn't come for almost 2 years and is still in a difficult situation to be able to develop, exchanging parts of Altcoin into bitcoin is the right choice.i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
but if you have Ethereum you better hold it because only Ethereum is reliable and there are still profitable opportunities and the bitcoin movement will increase Ethereum even if only slightly.
I agree that market is bad but this time of the cryptocurrencies is what we call the investment period. Alt are so cheap right now, some of them are %99 down from their all time high values. What we shuld do is investing in them and either waiting for buying and selling to get daily profits. These times will not come again as market will grow in the future.
yup! i think that's a pretty good idea.
i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
It feels like the period of falling prices for altcoins will never end. It’s good that although Bitcoin behaves more stably and predictably, you can invest in it without fear. Perhaps we all will have to hold many altcoins for a long time before they give any significant profit.i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
yup! i think that's a pretty good idea.
i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
It feels like the period of falling prices for altcoins will never end. It’s good that although Bitcoin behaves more stably and predictably, you can invest in it without fear. Perhaps we all will have to hold many altcoins for a long time before they give any significant profit. i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
yup! i think that's a pretty good idea.
i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
i will do as you say, at this time part of the altcoin that i hold i have sold and bought bitcoin.
and now i only have bitcoin, BCH and ethereum in my wallet.
i hope the market will pump up and end this frustrating period.
Im not sure if we are at the bottom already but those who are just joining crypto now will be the lucky ones because of how cheap altcoins have become since bear took over the market, its bad time for we that invested when altcoins are still costly and we have no choice but to keep waiting, i can't say i regret investing in altcoins instead of bitcoin, only time will tell
Altcoins have now fallen in price so much that they cost only a few percent of their previous value. In this regard, some on this forum expressed the opinion that they will not be restored at the previous price at all. Over time, bitcoin may give up its position as a leader and dominant in terms of price in this market. However, good altcoins will always thrive. Now it is still profitable to invest in bitcoin, ethereum and promising altcoins.
Before investing, you need to study carefully because the current market does not have many changes in prices and will certainly greatly affect your psychology. I usually choose to invest when the market is in a downtrend but always consider it carefully when investing because not every coin can gain good prices during this period. Lots of options at the moment but I recommend you invest only in the top 5 coins.Almost all coins have gone through a correction so next year will be a good time to make a profit. This is just my own prediction and you should only consult this.
Its not always depends on the market sometimes its depend on specific coin which you want to enter. But mostly when market is too much bearish you can easily find a entry point. So yeah if market is bullish then you can buy whatever you want.
if I had to choose, I would rather buy a coin and wait for it for a long period of time, because if trading daily is very difficult, my group friends and I lose a lot recently in trading.
so yes buying for the long term is the best choice now, or not buying at all and waiting for market conditions to recover.
so yes buying for the long term is the best choice now, or not buying at all and waiting for market conditions to recover.
Regarding altcoins, everything is quite simple. They have already fallen by 99-100% in price, little can happen worse than this, except that capitalization will go down to zero. Of course, it’s hard to even say approximately when there will be a rebound upward, but the fact that altcoins are at the bottom can be a good buy signal. The question is what goals do you pursue, because now you can make good money with a lot of dynamic coins, for example, such as DENT.
Will you choose to invest in bitcoin now that its at 8k or still continue investing in altcoin since many big altcoins have already lose up to 30% value again, well i decide to invest in bitcoin if further value loss takes place and i keep buying bnb token and ETH too, good idea or bad idea??
The market has a life cycle, bitcoin became bearish again after its months of bullish. I always monitoring the chart of the bitcoin and I waiting to the chart pattern of market reversal where I can identify the right time to buy bitcoins. Jump to: