Investing altcoins now or during halving? - page 4.

cryptoWODL

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Quote from: |MINER| on January 23, 2024, 11:07:20 PM

It depends on one's market experience. After the halving, if the price drops a bit, then it will be better to buy. But in my opinion, it is better not to invest in alt coin. There is no hope. Being stressed by investing precious money. Better to wait and invest in BTC for long-term holding with a dca method.

The more experience an investor has, the more successful he will be in investing or trading. We know that during bitcoin halving the price of bitcoin is halved but now before bitcoin halving the price of bitcoin has decreased a lot. Investing in Bitcoin is much safer than altcoins.People think that if they invest in alt coins, the price of that coin will increase very quickly and they will be able to earn good profit in a short period of time but in their case it is the opposite.

So I would say that those who want to invest for long term should invest in Bitcoin.Also you said that dollar cost averaging method is about investing in Bitcoin.Investing in this way has made it easy for investors now anyone can start investing in his bitcoins in dollar form with any amount he wants.

|MINER|

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It depends on one's market experience. After the halving, if the price drops a bit, then it will be better to buy. But in my opinion, it is better not to invest in alt coin. There is no hope. Being stressed by investing precious money. Better to wait and invest in BTC for long-term holding with a dca method.

Makus

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I like your strategy, and it sound more like investing in old coins which gained some reputation in market. Buying when the price is low and selling after you must have acquired some profit, it doesn't necessarily mean waiting for 2x, 5x or 10x return. Because that is where most investors loss some of their money being too greedy. I like that you convert your coins to a stable coin to avoid volatility so you have time to make calculations for your next move. However as Interesting as it is, I don't consider buying any altcoin, I am more of a long term holder, and I'll stick with Bitcoin.

irhact

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Quote from: Makus on January 22, 2024, 08:49:06 AM

You see knowing when to take profit from those altcoins before the price start crashing down is another factor to consider before holding any of them. The only way out, is to keep watch of the market on a regular which is a bit stressful and even with that, you cannot tell for sure if that is the beginning of a bear run. That is why I never recommend newbies to altcoin, because majority of them are too greedy to take small profits and be satisfied with it. Forgetting that the most important thing about trading is to study the market behavior and history.

When I want to invest in altcoins, I wait for the altcoin to be trading in losses before I buy them and I wait for the altcoin to recover so I can sell them for profits. I don't hold my altcoins for very long, any small profit that I see, I'll sell and keep the profits in USDT. Why many individual lose when they're investing in altcoins is as they're thinking altcoins can give them more profits than they already have therefore they continue holding and the market dumps.

Investing in altcoins during the halving mightn't make us profits as many investors will be buying only Bitcoin during that time but after, they'll start looking at potential altcoins to buy. But when you invest before the halving, you can get the altcoins very cheap and have more chances to make profits as other investors come after the halving to buy them, you don't need to hold for so long to make profits if you invest early.

NicNacCoin

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Quote from: Jonyshake71 on December 01, 2023, 02:37:01 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?

If the market goes down before the Bitcoin halving then maybe that time is now. We have seen the end of 2023 go very well and the market goes through a bit of a rough patch in 2024. However, we also know that the Bitcoin halving is not much longer so the current poor market position is reminiscent of the pre-halving situation. If this period resembles the pre-Bitcoin halving period, people who haven't invested should invest right now. But I've added some altcoins to my portfolio I hope I'll have a lot of success after the bitcoin halving.

Mate2237

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Quote from: Nrcewker on January 22, 2024, 07:42:42 AM

If you see a coin with good potential, then I would advise you to buy it now. Don’t wait for the halving, as who knows if you can miss the best opportunity right now. Moreover make sure you do proper research before investing this huge amount of money in the coin. Make sure that the marketcap is high and is listed in each and every popular exchanges. In this manner the risk of getting into losses can be minimised.

Exactly and the coins which have such potential nature from the altcoins category is the Ethereum, Doge BNB and if you one is interested to invest for a long term investment then I will also recommend Eloncoin because I am seen good future of that coin. And now that the price of bitcoin is going down many altcoins are also going down so the best time to buy is now and there is no time to procrastinate the investment anymore.

The new investors can use DCA to purchase the coins every week or month so that even when the price goes down below this price, you not have too impact on the high purchase of the first ones. Invest wise and invest careful. Wisdom is needed in the investment process so that you will not tell someone, he has disappointed you.

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Quote from: ultrloa on January 22, 2024, 08:13:05 AM

So that the main reason why we should always be skeptical on what they are portraying since if they are not yet tested yet to get a lot of volume then we cannot say that they are reputable enough to give our trust. That's also the reason why I don't hold much those new altcoins since I never feel anything good about them especially that halving is coming then there's a lot of scams for sure will be created since there are greedy people will always take advantage with its hype.

That actions should be consider by majority since dev could possibly do that actions that's also why its important for us to know when to take out our profit and exit so that we don't let those devs run then get rich easily so we need to be smart placing our investment so we better sell those alts and do hold only on reputable coins.

You see knowing when to take profit from those altcoins before the price start crashing down is another factor to consider before holding any of them. The only way out, is to keep watch of the market on a regular which is a bit stressful and even with that, you cannot tell for sure if that is the beginning of a bear run. That is why I never recommend newbies to altcoin, because majority of them are too greedy to take small profits and be satisfied with it. Forgetting that the most important thing about trading is to study the market behavior and history.

ultrloa

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Quote from: Fredomago on January 22, 2024, 08:02:08 AM

Quote from: Makus on January 21, 2024, 08:59:08 PM

Quote from: Fredomago on January 19, 2024, 12:57:41 PM

We needed to have that deeper understanding before concluding your position, it's better to know first the condition of the actual market and how your supported alt project are performing and considering the potential and risk, you need to have that composure that you deal with your good research before you put your money or before you start investing over.

Halving might affect the market as Bitcoin most of the time start that spark and with that movement there are good projects that will follow as investors who manage to take decent profits will also play with alts just need to take time when analysing your decision before stepping into it.

Yeah, before trusting your money with any altcoin, you must have made sure to conduct a proper research about the coin rather than just following trends and newly hyped coins who just made it through their KYC. This is one of the major lessons newbies into the crypto network miss all the time, and that is why, dey are the major of the masses who complain about scam projects. Though e en after proper research you might still fall victim, but I guess that is the more reasons why you should keep some of your investment in Bitcoin rather than buying shitcoins.

Indeed, even how deep your research there's still chances that you will fall as victim since scammers are really good at hiding the real intention they are well-aware in what investors and traders are looking for a project, they can easily hide behind good intention and invest both time and money to attract more traders and supporters to invest in.

After that, when they have already reached the target, eventually they will just run away with the investors' money, deeper research and a good grasp of important information before placing your hard-earned money to any type of investment.

So that the main reason why we should always be skeptical on what they are portraying since if they are not yet tested yet to get a lot of volume then we cannot say that they are reputable enough to give our trust. That's also the reason why I don't hold much those new altcoins since I never feel anything good about them especially that halving is coming then there's a lot of scams for sure will be created since there are greedy people will always take advantage with its hype.

That actions should be consider by majority since dev could possibly do that actions that's also why its important for us to know when to take out our profit and exit so that we don't let those devs run then get rich easily so we need to be smart placing our investment so we better sell those alts and do hold only on reputable coins.

Fredomago

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Quote from: Makus on January 21, 2024, 08:59:08 PM

Quote from: Fredomago on January 19, 2024, 12:57:41 PM

We needed to have that deeper understanding before concluding your position, it's better to know first the condition of the actual market and how your supported alt project are performing and considering the potential and risk, you need to have that composure that you deal with your good research before you put your money or before you start investing over.

Halving might affect the market as Bitcoin most of the time start that spark and with that movement there are good projects that will follow as investors who manage to take decent profits will also play with alts just need to take time when analysing your decision before stepping into it.

Yeah, before trusting your money with any altcoin, you must have made sure to conduct a proper research about the coin rather than just following trends and newly hyped coins who just made it through their KYC. This is one of the major lessons newbies into the crypto network miss all the time, and that is why, dey are the major of the masses who complain about scam projects. Though e en after proper research you might still fall victim, but I guess that is the more reasons why you should keep some of your investment in Bitcoin rather than buying shitcoins.

Indeed, even how deep your research there's still chances that you will fall as victim since scammers are really good at hiding the real intention they are well-aware in what investors and traders are looking for a project, they can easily hide behind good intention and invest both time and money to attract more traders and supporters to invest in.

After that, when they have already reached the target, eventually they will just run away with the investors' money, deeper research and a good grasp of important information before placing your hard-earned money to any type of investment.

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Quote from: xeqoRameshAxueamExaqana on January 18, 2024, 05:54:10 PM

Quote from: dlightag on January 18, 2024, 04:33:23 PM

The Bull Run cryptocurrency market is around the corner, while waiting for Bitcoin halving to take place and is the right time to buy as many alt-coins as you can, including Bitcoin. Note before investing any alt-coins make sure you make your research properly to avoid loses.

at this time if the coin price has a correction, let alone a deep price correction, it is a good time to start buying.
because if it is done after halving the price of all coins, it is certain that it will start to slowly creep up and the profit that can be obtained if it has creeped up, it will not maximize the profit obtained.

There are some things we don't need to be told about before we take decisions about them. If we know how much people are making fr altcoins, we are not going to be here waiting for people to advise us on what decisions we needed to take. We can make lots of money from altcoins if we are really ready to explore the crypto market. People are making it and we should be ready to do everything that is necessary for us to make it too from the Crypto market. It is very important for us to keep making research and decisions that would attract more winnings to our present decision. If we plan to make it from altcoins, we will without any pressure.

Nrcewker

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If you see a coin with good potential, then I would advise you to buy it now. Don’t wait for the halving, as who knows if you can miss the best opportunity right now. Moreover make sure you do proper research before investing this huge amount of money in the coin. Make sure that the marketcap is high and is listed in each and every popular exchanges. In this manner the risk of getting into losses can be minimised.

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Quote from: dlightag on January 18, 2024, 04:33:23 PM

The Bull Run cryptocurrency market is around the corner, while waiting for Bitcoin halving to take place and is the right time to buy as many alt-coins as you can, including Bitcoin. Note before investing any alt-coins make sure you make your research properly to avoid loses.

I will support you on this. Let's always remember that no one knows the dip of any coin/token. No one knows how low all this coin will go during the halving, so it's better to start buying using DCA now and hold till the next bull run.

GxSTxV

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I think most of people are expecting a good positive effect after the Bitcoin halving and as we all know, when Bitcoin price increases the whole crypto market will get effected also positively. We can’t know the exact scenario that would happen after, before or even during the Halving process in the upcoming days but it’s going to be more likely predictions and trading in order to find a good alternative coins to invest with and gain more than just investing in Bitcoin itself.
As long as most people and informers are saying that the halving will be positive for the whole market, so I believe it’s best to invest just some days before the process and enter the ride with a strong Altcoin that will not only generate you profit but also would be secure and strong to not crash or fall into whales’ hands.

It’s not as important to chose a cheap altcoin as it’s to find one with good Marketcap and good audience that confirming its legitimately .

batang_bitcoin

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Quote from: arjunmujay on January 19, 2024, 08:44:59 PM

actually there is no good or bad time to invest in altcoins as long as we really know what altcoins we hold. of course by doing research first even though it is simple.

The best time is when you are already firm of buying and when you are prepared to take that risk, otherwise, you are not yet prepared to invest because for every season there is an opportunity to buy, pre and post halving.

Quote from: arjunmujay on January 19, 2024, 08:44:59 PM

The best time to buy altcoins is any time regardless of whether there will be a halving of bitcoin or not.

I agree, anytime that you can buy Bitcoin whether there will be an approaching halving or none. As long as you're already good with the amount that you want to invest, that's all that matters when you're buying some altcoins.

Makus

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Quote from: Fredomago on January 19, 2024, 12:57:41 PM

We needed to have that deeper understanding before concluding your position, it's better to know first the condition of the actual market and how your supported alt project are performing and considering the potential and risk, you need to have that composure that you deal with your good research before you put your money or before you start investing over.

Halving might affect the market as Bitcoin most of the time start that spark and with that movement there are good projects that will follow as investors who manage to take decent profits will also play with alts just need to take time when analysing your decision before stepping into it.

Yeah, before trusting your money with any altcoin, you must have made sure to conduct a proper research about the coin rather than just following trends and newly hyped coins who just made it through their KYC. This is one of the major lessons newbies into the crypto network miss all the time, and that is why, dey are the major of the masses who complain about scam projects. Though e en after proper research you might still fall victim, but I guess that is the more reasons why you should keep some of your investment in Bitcoin rather than buying shitcoins.

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Quote from: Jonyshake71 on December 01, 2023, 02:37:01 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 always instill in myself the principle of never timing the market. When we are ready, we invest, invest, because instead of waiting for a cheap price, it's better if we pay coins in installments because investing in my opinion is about how consistently we pay in altcoins that you are sure will make a profit. in the next bullrun, rather than never, we will be far behind because no one can predict 100% whether the market will rise or fall

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Quote from: God bless u on January 21, 2024, 02:57:02 AM

Quote from: dlightag on January 18, 2024, 04:33:23 PM

The Bull Run cryptocurrency market is around the corner, while waiting for Bitcoin halving to take place and is the right time to buy as many alt-coins as you can, including Bitcoin. Note before investing any alt-coins make sure you make your research properly to avoid loses.

Let me say that the person should invest in bitcoin because I keep seeing it, its price is going to be very high, it will go up in April further because there is also the news of Halving.

Bitcoin coin is is a very strong project and Bitcoin can never deceive us that is the only coin that makes the whole market go up and down. If yes then we should also invest in Bitcoin till April then we will take alot of benefit.

Everyone wants to invest in Bitcoin, but the problem is that it is impossible to buy 1 BTC. It is better to invest in altcoin in the meantime and when Bitcoin pumps altcoins also pump. Later when the invested altcoin reaches a particular price point it can be then sold for Satoshi. In this way anyone can accumulate Satoshi to get to 1 BTC

God bless u

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Quote from: dlightag on January 18, 2024, 04:33:23 PM

The Bull Run cryptocurrency market is around the corner, while waiting for Bitcoin halving to take place and is the right time to buy as many alt-coins as you can, including Bitcoin. Note before investing any alt-coins make sure you make your research properly to avoid loses.

Let me say that the person should invest in bitcoin because I keep seeing it, its price is going to be very high, it will go up in April further because there is also the news of Halving.

Bitcoin coin is is a very strong project and Bitcoin can never deceive us that is the only coin that makes the whole market go up and down. If yes then we should also invest in Bitcoin till April then we will take alot of benefit.

Fredomago

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Quote from: johnsaributua on January 19, 2024, 05:43:16 PM

Quote from: Fredomago on January 19, 2024, 12:57:41 PM

We needed to have that deeper understanding before concluding your position, it's better to know first the condition of the actual market and how your supported alt project are performing and considering the potential and risk, you need to have that composure that you deal with your good research before you put your money or before you start investing over.

Halving might affect the market as Bitcoin most of the time start that spark and with that movement there are good projects that will follow as investors who manage to take decent profits will also play with alts just need to take time when analysing your decision before stepping into it.

YES that's right sir, because in this way (knowing the development of altcoins) it is very basic what altcoins will do in surviving or developing their coin prices, one that I like and continue to find out the altcoins that I hold that the ecosystem is alive and burning is running, This is the period that is being waited for because it will usually increase altcoin buyer visitors, although the burning may be done with a different mechasnism than the bitcoin halving, but it is quite effective with soft selling bringing investors to come and pump, I don't regret dev intervention in liquidity to help even though it is thin and does not last long.

It is difficult to keep waiting for the halving if you just intend to buy altcoins because altcoins have their own mechanism and can follow the bitcoin mechanism. What I should do is scan which altcoin assets are already too high because human nature wants to increase the percentage even more, and move part of my profit to bitcoin.

Correct, you should use your time and your analyctic capabilities before placing your investment, in this case you won't be move by any uncertain market movement but because of your trust within the project you be able determine whether you will let your coin go or you will keep it and wait till it bounce back and make you the benefits that you desire.

Knowing what's behind and knowing the potential makes you more secure with your decision making, it's always going to rely with your own understanding and how will you put your trust to whichever project you intend to invest your money.

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Quote from: dlightag on January 18, 2024, 04:33:23 PM

The Bull Run cryptocurrency market is around the corner, while waiting for Bitcoin halving to take place and is the right time to buy as many alt-coins as you can, including Bitcoin. Note before investing any alt-coins make sure you make your research properly to avoid loses.

The timing of altcoin investments depends on your risk tolerance and market analysis. Some investors prefer entering the market before Bitcoin halving, anticipating increased attention and potential altcoin gains. However, it's essential to research individual projects and market conditions to make informed decisions, whether investing now or during the halving period.

Topic: Investing altcoins now or during halving? - page 4. (Read 2129 times)