Is it good time for alts - page 13. | Bitcointalksearch.org

Smitty Werben Man Jensen

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Quote from: JahriMeayer on June 03, 2022, 04:00:59 PM

Market still make me confuse and situation doesn’t sound good. Although none of us, really don’t know about next action of crypto market but i think, now market offering altcoins with cheap and it isn’t a bad idea to grap them now. And to cover loss, don't forget to have some real cash, so that if market dump again, then you should buy again for average the altcoins price and thus you can recover your money even durning bad market condision

That is indeed I think it is important to plan as well as possible to minimize risk,
we must also know that every opportunity must be utilized properly,
Seeing that the market conditions are still like this it seems like a good decision to buy

Xal0lex

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Quote from: dhru9 on May 31, 2022, 09:00:11 PM

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

Why wait when the market now gives a great opportunity to buy good coins at a great price, because many altcoins are down 80-90% and this correction will allow you to make good money in the future. If the correction continues, just buy more with the free money you have. Right now, the main thing is not to sell anything, because all sales will be unprofitable, stay calm. The market will return to a bullish phase someday anyway, and before that you need to prepare properly, buy cheap coins. Don't try to catch the absolute bottom, you're unlikely to be able to guess, but the chances of missing good prices are great.

wxa7115

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Quote from: el kaka22 on June 03, 2022, 04:38:23 AM

Is there actually any reason to feel hurried about investing with altcoins? Knowing fully well that these tokens are not something you buy and hold for long – it requires a lot of attention and monitoring in order to take profits on or before loss starts setting in.

Whichever way, if it is not ETH or BNB and other top altcoins like ADA, DOT, etc., I definitely do not advise any buy and hold because most altcoins have very limited ability to rise back whenever they dip and in situations you tend to lose everything you had put in, including any profits you might have made just like in the case of $Luna. The honest truth is that I can not even vouch for its availability not to talk about 1 year or 2 – my dislike for some altcoins could erase them off the exchange market.

Probably for users like us which have been here for a long time not only we are not in any rush to buy altcoins but we are actively avoiding them.

And it is not really a mystery to understand why, when bitcoin enters a bear market we can see that altcoins go down way harder, and with the exception of the best coins the rest of the altcoins never recover, only to eventually be replaced by another set of useless altcoins which serve no other function but for speculators to try to outsmart each other, so when we take everything into consideration it is better to buy bitcoin or to keep your fiat for the moment and see how things evolve in the market.

d3nz

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Quote from: JahriMeayer on June 03, 2022, 04:00:59 PM

Market still make me confuse and situation doesn’t sound good. Although none of us, really don’t know about next action of crypto market but i think, now market offering altcoins with cheap and it isn’t a bad idea to grap them now. And to cover loss, don't forget to have some real cash, so that if market dump again, then you should buy again for average the altcoins price and thus you can recover your money even durning bad market condision

We are on the verge of a bear market, and the best strategy to make for now is to do DCA, stop loss, and avoid FOMO. I think that buying an altcoin should be in the top 20 -50 and because of the market supply and volume, there are a lot of altcoins today but we don't know when they will explode in their price.

Also, buying in a bear market should be on their support level (Order Limit) to avoid getting rekt.

ampere

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Quote from: dhru9 on May 31, 2022, 09:00:11 PM

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

When it comes to buying alts, you have to be pragmatic and ofcourse patient especially now that the market is bearish. In a bear market, altcoins are always weak and barely 10% of the altcoins in a bear market get to pump in the bull run because there will always be new altcoins. The best thing to do is to figure which tokens has a product that can survive the test of time, be it a network coin or cloud/ai coin. That way, you have an easier investments option

BIT-BENDER

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Why wait? What would happen in a year or 2 that would make you buy it then, did anyone last two year know this year would be like this, it’s all speculation, some just throw in their own beliefs of a possible outcome, do you want to bank on that, well I would tell you is study the potentials in the Alt you want to buy, all Alts are not tired to each other some can have a good time while another fails.

libert19

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Do DCA (Dollar Cost Average) so you don't have to wait for 'good' time. As long as it's right coin, you will reap rewards.

goldkingcoiner

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As far as I can tell the right time for alts, depending on which altcoins you mean, can vary but usually follows the same pathway that Bitcoin and Ethereum goes. Usually Bitcoin is the leader of the market trends, whether up or going down.

I said depending on which alts because alts which only now are coming on the market and have not made many listings yet are still uncoupled from Bitcoin, unless their profit scheme is dependent on Bitcoin for some reason.

I do not really recommend investing when everything is in the red though. Either way.

JahriMeayer

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Market still make me confuse and situation doesn’t sound good. Although none of us, really don’t know about next action of crypto market but i think, now market offering altcoins with cheap and it isn’t a bad idea to grap them now. And to cover loss, don't forget to have some real cash, so that if market dump again, then you should buy again for average the altcoins price and thus you can recover your money even durning bad market condision

isaac_clarke22

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Quote from: dhru9 on May 31, 2022, 09:00:11 PM

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

As the saying by many Bitcoin holders, it always is the best time to invest. It could have been better back in the days, but everyone is surely going to think that it is still a better time to buy now.
That goes for Bitcoin. I am not sure about many alts out there though.
Maybe just take alts in the top 10 and call it a day.

ReiMomo

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Quote from: dhru9 on May 31, 2022, 09:00:11 PM

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

Yes the market is go good now with coins at cheap price, buy as many best coins as you can. For those who has less amount to invest, choose altcoins that are less than a dollar and has a good trading volume on best exchanges. Accumulate as many coins possible. As you are aware that altcoin follow bitcoin's growth, all altcoins are now at best price and would certainly yield a good profit when bitcoin will see a spike.

Megladoge

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Quote from: Kusunoki_Samurai on June 02, 2022, 09:50:23 AM

Quote from: Kronos_DAO on June 01, 2022, 03:27:10 PM

During the fall of the market many altcoins are very unstable. The most important is to choose altcoins that are useful and brings something new like https://twitter.com/defiroot/status/1531922256779157506 which allows to connect you to Defi in one ecosystem multichain

Now all market falls. It is the best time to buy altcoins for the best price.
But not all the projects will be able to survive during the fall of the market.
That is why it is necessary to monitor the market to find the best projects for investments and evaluate their potential.

The economical situation in the world is very difficult now and all markets falls.
It is hard to say how long will be a fall but during the fall of the market it is a good time to buy new tokens.

Ulven

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Quote from: Fesatmas on June 03, 2022, 11:48:22 AM

Quote from: ilovealtcoins on June 03, 2022, 11:08:09 AM

Quote from: Wincob on June 01, 2022, 02:20:35 AM

Do not sleep on the idea that bear market can lasted another two years like 2018 and 2019, this time it might just take another 200days for a bear market to be over, start buying at every dips instead of waiting.

While people still think that the bear market will continue for another 1 to 2 years, the market is likely to recover shortly after that. Markets are unpredictable and often don't go the way we think. So stop speculating, at the current price it's better to start buying than to wait and regret later.

It's true than we speculate about what happened but without any real action, I think it's pointless. We can buy slowly while analyzing a market that is in an unwanted trend. Most people don't want a bear market to happen for a long time, but then again something unexpected might happen in the near future.

Indeed, we are now in a bear market, and we can study the project we want to invest in and evaluate it well, and then gradually place purchase orders and wait for the right time to sell and make gains. As for determining the appropriate time to buy from the bottom, I think that it is not easy because we do not know when the pumping and unloading will take place!!!

whiteblue

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Quote from: Fesatmas on June 03, 2022, 11:48:22 AM

It's true than we speculate about what happened but without any real action, I think it's pointless. We can buy slowly while analyzing a market that is in an unwanted trend. Most people don't want a bear market to happen for a long time, but then again something unexpected might happen in the near future.

It means that there is no point in analyzing without buying it when your analysis shows the entry of a buy order, regardless of the analysis, but in bear market conditions we are advised to make a gradual purchase order to minimize losses because the market can drop lower beyond speculation and analysis.

Fesatmas

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Quote from: ilovealtcoins on June 03, 2022, 11:08:09 AM

Quote from: Wincob on June 01, 2022, 02:20:35 AM

Do not sleep on the idea that bear market can lasted another two years like 2018 and 2019, this time it might just take another 200days for a bear market to be over, start buying at every dips instead of waiting.

While people still think that the bear market will continue for another 1 to 2 years, the market is likely to recover shortly after that. Markets are unpredictable and often don't go the way we think. So stop speculating, at the current price it's better to start buying than to wait and regret later.

It's true than we speculate about what happened but without any real action, I think it's pointless. We can buy slowly while analyzing a market that is in an unwanted trend. Most people don't want a bear market to happen for a long time, but then again something unexpected might happen in the near future.

danherbias07

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No assurance for that kind of strategy. Maybe it was done before but we could never know if it would wind up the same if done now.
The market is unstable and no one knows if this is the bottom of altcoin prices. It's a risky move to purchase any altcoin, even the known ones at the top of cryptocurrencies.
You could've given us some examples of the altcoins that you like and then maybe we could dissect it to lessen the risk although there's still no 100 percent assurance to that.

GelatikKembar

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Quote from: dhru9 on May 31, 2022, 09:00:11 PM

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

yup, I also think that way, if you look at the chart of all altcoins, it is confirmed that this is a bottom for altcoins,
all of them are down by more than 80% and some even have more than 90% of ATH,
I myself have accumulated in several selected altcoins, such as CKB, ADA, SLP and AXS

ilovealtcoins

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Quote from: Wincob on June 01, 2022, 02:20:35 AM

Do not sleep on the idea that bear market can lasted another two years like 2018 and 2019, this time it might just take another 200days for a bear market to be over, start buying at every dips instead of waiting.

While people still think that the bear market will continue for another 1 to 2 years, the market is likely to recover shortly after that. Markets are unpredictable and often don't go the way we think. So stop speculating, at the current price it's better to start buying than to wait and regret later.

Mame89

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2017 is the end of the bull season, and bear season is coming for 3 years to dominate the market until 2020, personally I think doing a steady money save waiting for the bottom market decline, what has happened bears will be in the current position for a long time, speculation that I saw the chart graph in terms of years that bitcoin has passed. it all goes back to each analyzing

0verseer

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Quote from: dhru9 on May 31, 2022, 09:00:11 PM

Do we need to wait more 1- 2 years then buy alts now before right before bull market kick in?

We really don't know the floor of this bear market yet so trying to estimate 1-2 years of recovery for alts is very risky. Even if I've to invest in, I rather hold top crypto like BTC or ETH, BNB since they're more likely to bound back from the bear market than alts. You should wait till we're out of the bear market and then start thinking about investing in alts.

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