Topic: Investing altcoins now or during halving? - page 8. (Read 2043 times)

Now! since the dominance of bitcoin is already very high. The probability of there being an altcoin season increases considerably. But remember, the risk is yours! do your own studies and analysis.

Within the markets, there will always be peaks and valleys, as liquidity enters the markets, a new cycle begins.
It's coming, everyone knows it, and patience is the key.
The future is now. Sooner or later, Altcoin season will start, and we all know what will come. Diamond Hand will win.

So what dip Alts and great potential projects do you think we should accumulate today?

I think the right time to invest is now before the halving. Afterwards, market prices will soar like crazy due to hype/FOMO. Choosing the right altcoin is tricky, especially when the market behaves in many strange and bizarre ways. Some altcoins go up due to certain events (airdrops, partnerships, etc), while others go down the drain as developers abandon them in favor of the next big thing in crypto. I'd choose altcoins with a proven track record of development and innovation. Those that aren't driven by hype but deliver concrete results to the public.

Usually coins within the top 20 ranks in market cap are worth the investment. ETH and SOL are "blue chip" coins that are bound to increase in price in the future. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion

Time is running out is what I hear all the time and a very good reason for the FOMO indeed. But the question at this point is; should we let the FOMO push us and cause impaired decisions in our trading/investment? It shouldn't be so, we should follow it as we see it in real-time, and what I see now is that the market might not be making some dangerous bullish movement anymore until next year. This applies to the major coins, although some altcoins that are new like those with Ordinals and BRC-20 related are moving well. The new meme tokens are moving well also and might not have the same pattern as other coins/tokens with good projects and utility.

With all these, I believe that studying the individual charts and fundamentals around the coins/tokens we want prior to buying them is the way out. We can just generalize advice at the moment, and for instance, some coins are already overbought and are in their corrective phase. This is evident in their negative price action as well, so we should be informed and careful with each coin/token according and individually. However, in general, when it comes to an average come asset in cryptocurrency, I believe that the best time to strike them is gone, yet one can still hold on to their effective retracement from now till the second week in January. I mean around the 10th of the month when the fate of the ETF that caused the present excitement in the market is determined.

Same here. I am also holding several altcoins. The original plan is to hold them until 2025 when I need to decide again if I sell them or part of them or hold them all for the next cycle. My Chainlink has already more than doubled and I am tempted to sell half of it and buy another altcoin that has not yet moved that high.

The altcoin market hasn't reached its full potential yet in this cycle so even at the current price, most of them are still good to buy. I still have plans to buy more eth and some other altcoins as part of my monthly DCA.

I have invested in altcoins when their price was very low in the market early this year but I feel like investing again in altcoins, because I don't want to miss any opportunity in my investment next year because am going to hold my altcoins like one year and some months before I will sell to make a good incomes from the investment. I think, many investors have prepared for this massive bullish season that is coming next year 2024, and it will make many investors to embrace opportunity they have never experience from the beginning of this year 2023 till last month. Now that the market is turning to green light, it show that those that invested in Bitcoin and altcoins will have every reason to rejoice when the price of Bitcoin and altcoins increase higher in the market soon.

I think even now there are still many altcoins that are still worth buying. Because several altcoins that have strong fundamentals still have not experienced an increase. So accumulating now would be the right time if we know which projects have not experienced price increases. It just takes extra effort to look for potential altcoins. Some time ago I accumulated some altcoins and haven't released them until now. I will wait until the bullrun reaches its peak.

My favorite altcoin is of course ETH and that is the top altcoin that I am starting to collect at the moment. Don't forget to collect Bitcoin little by little or buy in stages. I believe being a diamond hand and buying gradually will make a lot of profit in the end. just waiting for the halving to arrive and the new ATH to be reached. starting from now it's still pretty good, just need to wait for a correction for the top altcoin and buy it again.

Halving is predicted to occur in 2024 therefore people are accumulating their favourite coins now but if someone is still waiting to buy during halving then their profit will be either less or will have no profit. After halving price will go down again because as the number of sells increases for bitcoin then price will show decrease so that time will be favorable for all investors to own again.

Pump and dumps coins should be avoided to buy because there are some coins which will shine by price during some duration but if we buy them they become devalued so always search before doing anything as all higher worth coins are not suitable option for investment.

There would be a major correction before the halving and that might be the reason why investors are interested at the moment. After halving the market would not react instantly to it as it always takes some time for the bulls to appear. A diamond hand would not fear the market before or after halving so if you are one then start accumulating your favourite altcoin for good gains. Staying away from pump and dump coins should be the goal for now but it is hard to resist sometimes.

Time is really running out for those that are still on the sidelines and have yet to decide to invest or not, and the longer they wait the higher the price they will have to pay if they finally decide to join this market.

I can understand they may not like to buy after the sudden recovery we have been experimenting, and some of them may like to wait to do this until a correction takes place, but since there is no way to know if the correction will actually come, they need to take a decision and do so soon.

An interesting idea from you and if we look at market behavior sometimes it is like that. But the underlying benefit is that in the end it's just that the way each person does it is different. it may look less soft. For anticipation, I think it is very suitable as you suggest and the last one is also a good message to read.

now is the right time for you to DCA altcoin that you want to invest, because usually the bullrun will occur when it is close to Bitcoin halving time or after Bitcoin halving, so if you don't do DCA at this time, then you will miss out on the bullrun later, so don't miss this opportunity to start doing DCA, because now is a good opportunity to start doing DCA for altcoin that you want to invest.

We are close to halving, and there isn't much time left according to some experts. So if you haven't made any investment in the market till now and are still waiting for a major correction then you should start your DCA from now on until the bull appears in the market. Market rallied after red september but it is nothing compared to what is upcoming. So as you have said whats left will only be regret if you don't take any action right now. That doesn't mean you will go all in at once. Just try to invest gradually to build up a portfolio.

I bought the alt coin from now on because I was panicking. From now on I got knowledge from investment motivation, never timing the market, the important thing is how consistently we buy coins, what we invest in, right, because we don't know what will happen in the next few months if the price We all go up timing the market. What's left is only regret

Bitcoin having will take Bitcoin to a new place with a new all-time high price record. When the halving starts, the market does not pump instantly and it doesn't happen overnight. It could take months even sometimes years for this to happen. But the best bet is going to be Bitcoin. Altcoin market moves based on sentiment that is attached to Bitcoin market and price pump for altcoin will happen after Bitcoin market rises.

If you are seeing good gains in altcoin investment, you should do it and keep that profit for later usage for buying Bitcoin before halving. This is just my personal opinion but I will invest in Bitcoin and when I make profit from it, I will use that profit to invest into altcoin later on. If you want to do the same do your own research and don't follow my advice.

In my opinion, now is the right time to start investing in altcoins, because currently the crypto market has started to improve and on average all altcoins are green, but before making this investment you have to focus more on the planned strategy and know right time to sell the coin, because as far as I know there is no guarantee that the coin price will rise during the halping.

Yes, that's right, because when you spend money without controlling when and how much to spend at a time, you create potential losses, especially in some new altcoins, especially for dumps because the effect of news/airdrop distribution is quite deep and usually doesn't go beyond resistance too quickly (normal price is stable before), I experienced it and it was difficult to convince myself that the potential to continue breaking through the nearest bottom would potentially exist. Dividing several sessions, for example 4-8 sessions, every time there is a decline with a saturation point that I usually see, if the ratio is 2:1, of course I can accept that there is still a percentage of profit that will appear which is reasonable because altcoins are quite different from bitcoin.

DCA's strategy for investing on altcoin is highly risky and I wouldn't recommend at all, better just apply the strategy only for bitcoin and few altcoins that is here with years of price history to analyze and predict their future movements. But not much of the altcoins that exists longer are not doing that geat if we compare it with side by side on Bitcoin's growth since its last ATH.

You can pay in installments now, but you can also do it later.
The most important thing is your management in dividing your money, I don't recommend you to buy it now with all your money, because there is still time and the market is expected to go down again.