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Topic: Good time to buy some alt? - page 6. (Read 2322 times)

full member
Activity: 737
Merit: 104
May 03, 2020, 03:17:54 PM
In my opinion No, BTC halving is near. So we can expect some pump in BTC. As usual, if BTC pump all Alt dump! (BTC pair) So i think this is not the right time. Wait and watch the market before taking your decision.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
May 03, 2020, 03:17:35 PM
indeed this time is the most appropriate time in my opinion, the price of Altcoin is very below,
some people also call altcoin season will arrive soon, maybe after halving is finished
the time to buy altcoins is good, but I doubt very much that we will see the altcoin season after halving. The fact is that we will not see any strong growth until the events in the world will not become calm
full member
Activity: 560
Merit: 102
May 03, 2020, 02:44:17 PM
Bitcoin halving is one of the fundamental factors which has a strong influence on market movements. To achieve ATH, it usually takes months, based on historical data from the previous halving period. Travel is still a long way away, so it doesn't matter to start filling bags with bitcoin or other potential altcoins. Remember, dwyor. Many things are unexpected, market changes can be very extreme. if you do not have a strong analytical base and a strong stance it will be easily swayed. Follow the market trend does not matter if the establishment is not strong, but do not miss the buyback moment.
copper member
Activity: 1190
Merit: 3
May 03, 2020, 02:11:46 PM
I think yes. This is one of the opportunities I see to accumulate more. Bitcoin halving rewards event will surely take market towards higher position. However, we should be careful watching current pandemic situation as it may impact to market to other side.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
May 03, 2020, 01:23:25 PM
We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.

Although the crypto space is hard to predict but in this case and with what's expected soon I think there is a good reason to hold some altcoins, mostly major altcoins which have proven to be good and serious because no one will blindly follow most new coins when it is obvious many of them won't be part of the growth that comes with halving. Nevertheless don't be too caught up with it that you tend to forget when to exit as there is every possiblity that whales will take advantage of every opportunity they are faced with.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
May 03, 2020, 01:13:36 PM
indeed this time is the most appropriate time in my opinion, the price of Altcoin is very below,
some people also call altcoin season will arrive soon, maybe after halving is finished
sr. member
Activity: 1344
Merit: 288
May 03, 2020, 12:54:33 PM
We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.
On a good day bitcoin should do well after halving,  and according to previous chart after halving,  but there are some conspiracy theories flying on twitter, that things might change,  I will suggest that one should chill a little bit before taking position so as not to be underwater
member
Activity: 95
Merit: 10
May 03, 2020, 12:47:50 PM
With the current situation, we don't know what will happen. I'd advise buying into IEOs because tend to give good returns. I'm not saying BTC or other altcoins won't, but IEO gives good returns.


The same is applicable to the IEO you recommended. Not all IEO can be trusted.

True that, but take a look at some of the recent IEOs on Binance, they gave high returns to those that bought the IEO, 2x at least. Only a greedy person "that bought the IEO" would be expecting 10x or maybe 100x. I'm ok with any return as long as it's a profit.
member
Activity: 854
Merit: 10
May 03, 2020, 12:16:31 PM
With the current situation, we don't know what will happen. I'd advise buying into IEOs because tend to give good returns. I'm not saying BTC or other altcoins won't, but IEO gives good returns.

So many people will be deceived into FOMO during this bitcoin halving if care is not taken. Although there might be a price increase as there is correction presently, it will get to a point that whales or those with ore funds who sometimes determine the price in the market, might dump what they bought at a lower price.
There is nothing wrong in going for BTC, but investors and traders must be calculative.
The same is applicable to the IEO you recommended. Not all IEO can be trusted.
member
Activity: 95
Merit: 10
May 03, 2020, 12:05:47 PM
With the current situation, we don't know what will happen. I'd advise buying into IEOs because tend to give good returns. I'm not saying BTC or other altcoins won't, but IEO gives good returns.
hero member
Activity: 938
Merit: 501
May 03, 2020, 07:32:19 AM
I once read that the value of Bitcoin is inversely related to the value of altcoin. This means that when the value of Bitcoin increases, that of altcoin decreases. I really don't believe this as the market is inherently volatile and anything should be expected. I would personally prefer to get more Bitcoin now than settle for altcoin when I know that the bitcoin would experience a substantial increase soonest
You should believe that. When the price of bitcoin rises, all investors will panic sell altcoins to move to Bitcoin. So altcoin prices always decrease in altcoin / BTC trading pairs.
sr. member
Activity: 1988
Merit: 453
May 03, 2020, 07:28:11 AM
There are more than 10,000 different coins and tokens in existence right now and you can't really generalize all of them. Among these huge number of cryptocurrencies, there are very promising ones and those which can be considered as "shitcoins". You need to take a decision regarding investment on a case to case basis. It is not possible to have a single policy regarding all the alts.
jr. member
Activity: 154
Merit: 1
May 03, 2020, 06:52:52 AM
I once read that the value of Bitcoin is inversely related to the value of altcoin. This means that when the value of Bitcoin increases, that of altcoin decreases. I really don't believe this as the market is inherently volatile and anything should be expected. I would personally prefer to get more Bitcoin now than settle for altcoin when I know that the bitcoin would experience a substantial increase soonest
legendary
Activity: 2128
Merit: 1775
May 03, 2020, 04:53:27 AM
We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.
maybe you have a point, to invest the money you have in Altcoin that has good value, it makes sense, now is the right time to move forward.

This phenomenon only occurs 4 years once in this case, if you miss this phenomenon, surely you have to wait for the next 4 years in this case, I hope for 2020 this will be better for bitcoin and other crypto.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
May 03, 2020, 04:29:11 AM
I agree with you as everyone knows Bitcoin is the king of altcoins and as Bitcoin value increases all other good coins in good rank exchanges also increase. So it is time to invest spare fiat money in top good coins.
I think there is still time to wait until the price drops again because I see the price of bitcoin is still difficult to go back up even though approaching halving it will not make it easy to raise the price of bitcoin, because if you enter at the current price then it will make you stuck because bitcoin prices can collapse instantly and return to prices before rising like this.
Some people get hopeless seeing the market still the same as yesterday or even last week. Yes, we have to understand that we are maybe at curse as the pandemic hits us. This making the way to become harder as we taught before and even halving couldn't make through it. The Bullrun might just a dream for now, not really the market meant that this halving. Maybe if that pandemic will stop, the quickest the market to recover.
sr. member
Activity: 924
Merit: 256
May 03, 2020, 03:55:55 AM
I agree with you as everyone knows Bitcoin is the king of altcoins and as Bitcoin value increases all other good coins in good rank exchanges also increase. So it is time to invest spare fiat money in top good coins.
I think there is still time to wait until the price drops again because I see the price of bitcoin is still difficult to go back up even though approaching halving it will not make it easy to raise the price of bitcoin, because if you enter at the current price then it will make you stuck because bitcoin prices can collapse instantly and return to prices before rising like this.
jr. member
Activity: 40
Merit: 1
May 03, 2020, 02:19:25 AM
Im sorry, what do you mean by "halving event" and what it relate to do with bitcoin prices that are rising now ?
I also saw bitcoin also the up trending in this week but dont know why

Bitcoin halving has to do with the number of new bitcoin released per hour. As it is widely known, the total number of Bitcoin created is 21 million, meaning that, at best, we can only have 21 million bitcoin in circulation. The halving event was incorporated to checkmate inflation and ensure that the value of Bitcoin is always on the increase.

full member
Activity: 1274
Merit: 100
May 03, 2020, 12:42:24 AM
 I agree with you as everyone knows Bitcoin is the king of altcoins and as Bitcoin value increases all other good coins in good rank exchanges also increase. So it is time to invest spare fiat money in top good coins.
copper member
Activity: 1120
Merit: 2
May 03, 2020, 12:29:12 AM
I think so myself.And I've invested a lot in Alter Coins. With the way Bitcoin is starting to pump, the price of Alter Coin is also rising.So now some investment can be made.But keep in mind that you have to invest lazy money in alter coins. And you have to understand money management and invest.
legendary
Activity: 1498
Merit: 1000
May 02, 2020, 05:12:15 PM
I see the price of bitcoin moving significantly and of course this makes me believe that the bull market is coming soon. and hopefully this will happen, we are all waiting and hope half the reduced bitcoin can jack up the price of Bitcoin to exceed $ 10k
Halving bitcoin is coming very close. So I also believe that the price of bitcoin will quickly go up to $ 10k as many expect. In the past few days bitcoin prices have continued to grow and that's a great sign
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