Topic: Good time to buy some alt? - page 4. (Read 2322 times)

Bitcoin has surpassed $9k3 now. I'm pretty sure an altcoin season is coming very close. But if you don't like Altcoin, you can buy Bitcoin right now, because I believe it will exceed $10k and go further. Personally, I like Eth, hoping it will surpass $200 in the next 1-2 days.

Altcoins' prices are truly driven by Bitcoin's movement on the market. When Bitcoin is on the "green side", other altcoins follow. The same thing happens vice versa. In the short term, it's best to accumulate as much Bitcoin as you can before it's too late. There's the feeling that prices per BTC will become higher in the next months or 1-2 years from now because of the block reward halving. For the long term, you can try to buy and "hodl" prominent altcoins on the market such as Ethereum and Litecoin for big gains. The former will be transitioning from PoW to PoS, while the latter will include Mimblewimble privacy onto its own blockchain ledger. Things will become quite interesting for both of these cryptocurrencies over time, thanks to their active development and innovation.

When looking for good altcoins to buy, always take into consideration how actively developed an altcoin is and what use cases it brings to the mainstream world. There are hundreds of altcoins out there which are nearly identical to the original blockchains they've forked from, lacking mainstream adoption. Prices of a coin mean nothing, as they can be easily manipulated on the market (by whales, pumpers, etc.). What matters here is usability (and decentralization) above anything else. As long as you keep this in mind, you'll be successful in all of your altcoin investment ventures.

Nonetheless, I believe that the big winner in the altcoins' space will be Ethereum in the long run. The PoS upgrade among several other goodies, will make ETH attractive to institutional investors just like Bitcoin. I'd suggest anyone to buy and "hodl" as much ETH as possible before the upgrade takes place on July 2020 (hopefully). The excitement/hype will begin, leading towards a massive increase in price within the short term. In the long term, ETH might as well be worth $500 to $1,000 because of its undefined supply. Unless devs decide to make ETH a scarce cryptocurrency just like Bitcoin is today, it cannot be considered as a store of value. By investing in ETH and other top cryptocurrencies in market cap with active development and mainstream adoption, you can gain better profit opportunities on the market. Just my thoughts

l do agree with your opinion about that, while the prices are so low, we have to use this chance and collect some altcoins till halving. Altcoins can be profitable in the near future, it is out of the question. As you above said l prefer also to invest in top altcoins, in my humble estimation investing in top altcoins is more valuable than in others.

The recent trend is that the increase in BTC is not followed by alt movements globally, and when BTC goes down, alt goes down, this makes a big discount at alt, so it can be one of the right moments to fill a bag. For long-term investment, IMHO, is very effective, while waiting for BTC to reach the top. Based on historical data, alt season occurs after BTC reaches the peak, then the party begins. Dwyor, crypto holding requires mental and high self-confidence.

Yes, it is still a good time to buy some altcoins, since the prices are nowadays affordable. But you must choose the most valuable altcoins which have real potential, and hold them until the price go up again, and avoid the shitcoins and the coins which have low volume of trading.

in my opinion today is very appropriate to buy low price altcoin, Binance, Bittrex, Kucoin all Altcoin has decreased, I have accumulated now

because halving will happen in a few hours, and market conditions are very unstable.
so I suggest you make a correction before buying some altcoin.
2 days btc prices dropped dramatically above 10% and caused altcoin to be affected.
It seems that this halving will not be a rise in BTC, it could go down deeper.

Today almost all cryptos are experiencing price reductions, I'm not sure this is the right moment to buy altcoin. I'm still waiting for bitcoin halving to occur, maybe after halving bitcoin and other altcoins will go up. Must be patient waiting for one more day.

maybe now is the right time, if indeed this is one of the movements of price increases for bitcoin maybe other altcoins will also experience an increase, but we must always see surges that can indeed be our reference for making purchases now.

After halving, the bitcoin price will continue to rise and it will cause the altcoin to continue to bleed. If you buy altcoin at the moment, I believe you will lose a lot in the future

What you say is correct in my opinion. I also think there will be a good time for altcoins after halving. The prices of all the top altcoins are likely to rise sharply. So those who want to make a good profit should buy it now.

In my opinion, buy Bitcoin to get short-term profit because it is likely that the altcoins price will continue to fall to push Bitcoin price up. However, if you want a long-term profit, then choose the right time to buy some altcoins, specifically in the next 5-7 days. At that time, Bitcoin's price will level off and be a good time for Altcoins to follow.

Saving altcoin at the top is in my opinion a good idea because the cryptocurrency market is not possible to rely solely on Bitcoin. But approaching Bitcoin Halving, I think investors will be more interested in Bitcoin because they expect the price to rise when Halving starts

Actually it is a good time but with Bitcoin halving coming up or rather already here many people still finds it better buying Bitcoin, it's not a bad idea but in my own opinion I think it is also a good time to hold some altcoins now taking into consideration the prices of most altcoins looks friendly. In addition, let due diligence be applied and let one invest what he can afford.

Well, both of like two profitable currency btc and eth so you should invest right now. Especially there are more altcoins bad situation everyday so you can investing top altcoins like follow cmc. At least do you have understood achieving financial freedom requires proper planning and investments.

the recent decline made me think that this could be an opportunity to have altcoin at a low price. Well, dump before halving, this is like the opportunity given before the price is really up. however, the right decision to buy depends on our conditions. for me, this is a good time.

I think it's a great time to buy altcoins before Bitcoin's halving begins on May 12, 2020. Prices will skyrocket like never before, because Bitcoin's block reward will be cut by half. The hype will be there at least for a year or two, until everything goes back to normal. If you've managed to invest into the most prominent cryptocurrencies on the market (such as Litecoin, Ethereum, Monero, etc...) you'll be able to experience massive gains in the short term. I'd suggest that you sell some coins during the bull market run in exchange for a stablecoin of your choice (or even Fiat) to preserve your investment. Then, you can buy the same cryptocurrencies back again with the stablecoin or Fiat when prices go all the way down the drain. Repeat the process after every halving, and you might be able to maintain a steady financial life.

Of course, crypto is an extremely risky investment. Prices are very volatile (unstable) across the market leading you to quick losses if you don't know what you're doing. It's always best to perform your own research into the altcoin you're willing to invest, just to be safe. Old altcoins are to be trusted since they've been on the industry for a very long time. They have dedicated development teams, and real use cases for the mainstream world. However, not every altcoin is like this (especially new ones). There are a lot of Bitcoin copies (Bitcoin-based forks) which have no utility in the mainstream world. They're simply quick money grabs by their developers, becoming useless coins in the long run. As long as you buy the right altcoins, nothing should go wrong. Just my opinion

There is no doubt that when halving is close there will be a significant rise in the price of bitcoin but i am sceptical about this year halving, i am having this feeling that it might not go as expected. My advice is that everyone should trend with caution in order not to get our hand burn.

well the prices of the altcoins are high, I don't think if it is good time to buy because once reaching to the top it can collapse but if you hold for long term or wait bullish trend to happen then there will be no problem buy it now.

Depends which coin you gonna pick and which pair you choose. The market is in good condition now. And at this moment many coins are doing good. But at this moment bitcoin is pumping so many alt with btc pair are in low so if you want to pick one of them it's fine. But market is very volatile now so pick carefully. And do your own research and then go for your investment.