Is it good time for alts - page 14. | Bitcointalksearch.org

pawanjain

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Nothing lasts forever

Quote from: Pandu Geddon on June 02, 2022, 10:36:14 AM

Quote from: pawanjain on June 02, 2022, 10:22:00 AM

We can start accumulating more fiat money so that when the time arises we can buy more number of coins.

which will be the question, when is it time to buy it?
To be honest, until now I have never been able to analyze how the market bottomed out and find its stability.
it's easy when we start long term planning. then buying now and some more in case of a dip is a great way to keep your assets and not fall behind when the market recovers quickly.
Everyone dreams of buying altcoins at the cheapest prices. but many of them do not know when the market is down.

Finding out the bottom of bitcoin will help us accumulate the altcoins at a better price.
Currently $28k is a good support line for bitcoin and we have to wait until the price crosses above $32k.
Once that is done we can buy some alts and then wait if bitcoin dumps again or not.
If it dumps lower then we should wait for the next bottom line and that's how we keep accumulating in the dips.

Fakhrulenclix

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

no one knows to what extent the decline will continue, but the very right thing to invest long-term is to buy slowly in each drop.
In the next 1-2 years I think we will go through a lot of bulls and bears, so make your choice quickly and do your best to benefit yourself in the future.
and I suggest that you buy now, the decline that continued to occur last week has stopped and now the market price movement tends to be stable, so there is a big possibility that there will be a big wave in the near future.

el kaka22

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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.

Maliceprime

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No one knows, the best way to handle this site is to keep buying your favourite coins at dips, don't buy all at once because better opportunities might come through further crashes, in a near market Fiat is always the most useful tool anyone can use.

d3nz

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

I think it is always good to buy altcoin as long as you know what you are buying and its price. There are a lot of altcoins that are still cheap today and I think that in the future, their value would surely go high and maybe hit their ATH or more than ATH. We just need to make sure that we always have SL and DCA to lessen the loss in case of dump just like LUNA/UST as others say we cannot just trust our money to others.

And there might be ups and down this coming months, Bull market might kick in maybe before Christmas or by next year.

nimogsm

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Now is a great opportunity for those who have free funds to buy.Of course, I'm not sure that the market will recover in the near future, but I took a few different altcoins for a couple of hundred dollars, in which case it won't be a pity to lose.

Pandu Geddon

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Quote from: pawanjain on June 02, 2022, 10:22:00 AM

We can start accumulating more fiat money so that when the time arises we can buy more number of coins.

which will be the question, when is it time to buy it?
To be honest, until now I have never been able to analyze how the market bottomed out and find its stability.
it's easy when we start long term planning. then buying now and some more in case of a dip is a great way to keep your assets and not fall behind when the market recovers quickly.
Everyone dreams of buying altcoins at the cheapest prices. but many of them do not know when the market is down.

pawanjain

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Nothing lasts forever

Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

Waiting would be a good thing to do right now but it's not necessary to wait for 1 or 2 years.
We just have to wait until bitcoin recovers from the current dip because once bitcoin pumps the altcoins will follow.
We can start accumulating more fiat money so that when the time arises we can buy more number of coins.

Jaered

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Some alts are doing way better than expected. Example is Waves and Tron, which are pumping,especially the former which did a x22 before doing a little retraction. I think one can profit off some good alts even in these bearish and uncertain markets, but like always, DYOR

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

If you want to buy altcoin(s) then buy it at the low price considering your target sell price. Why would you want to wait for another 1-2 years? By all means, most altcoins getting launched recently are having a lifespan less that 2years - so you can figure out what happens after that. Grin

Bull market or no bull market, you choice to buy should have a logical backing of why you feel the investment is worth your money. If you dont find any, rethink your decision. Most altcoins out there are hyped and not worth it, usually having a mainstream competition that is not possible to counter.

Therefore such coins are bound to fail but the owners already know that and they are only looking for that 1-2 years of hype so they can sell off and make some cash from the prices from the investors who are left with nothing to sell at and a bag of shitcoins at close to zero value.

Kusunoki_Samurai

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Quote from: Kronos_DAO on June 01, 2022, 02:27:10 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.

strunberg

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

no body know when bull market will kick in again? even whales that controll market could not make sure when it happen. market moved very dynamic with high volatility today , alot liquidation on short or long happen. they only we can do only follow the market trend and never againts them or we will lose our money.

TelolettOm

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

We will not know if it is the dip market or not and it will be bullish again later for some altcoins. because not all altcoins can survive during the bearish market and continue progressing in the next bull market. So, it is better to be wise and smart when choosing altcoins. If they are top coins, I think that it still has a chance to rise up for the next bullrun, but it doesn't guarantee.
Wait and see. Moroever, we can do DCA, but for me, it is probably enough only on Bitcoin that is less riskier for holding

Kelvinid

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

Not necessarily do we need to wait for the market and the altcoins to start their recovery before going to invest but instead, take this current situation as an opportunity. Only you need is to choose coins wisely and that must be on the top listed coins according to the CMC ranking. As they are at the top we know that these coins have a huge potential to recover, unlike those on the bottom ranks. But, of course, after accumulating some of these coins, we also have to learn how to hold them as we really be needing them knowing that they won't rise instantly nor it does after we buy them.

lalabotax

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

Sometimes, altcoins can survive during the bearish market and head to a bullish era. but sometimes, altcoins cannot survive, end up on dead coins, or cannot reach the new ATH again. As what happens right now, I personally will still wait for the price of altcoins to be down again, maybe it will happen at the end of this year to next year. But this is only my prediction and it cannot guarantee. However, once more, never buy shitcoins. I will better buy top coins only BNB and probably ETH for my long term Holding to Bullish era later. but for me, Bitcoin is the best choice for holding, not altcoins

uneng

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It's a good moment to invest in cryptocurrency, but only if you are a patient person who will be able to wait and hold your investments up to few years, since we don't how long the bear market is still going to last and if the prices are going to crash a little more yet.

News aren't positive for crypto universe these days. I've just seen reports of crypto exchanges firing employees in order to reduce internal costs. That is a clear sign investors are in another markets for now, so crypto companies have to adjust themselves to this reality where the money flow has decreased. It was explained this is happening due to risk aversion among investors, although we know it's because traditional markets currently offer a better proportion between returns x risk than crypto investments.

Everything crypto enthusiasts have to do is to be ready once money start flowing into cryptocurrency again. And one more time, since we don't know when exactly it's going to happen, it's advised to be always prepared, to be always holding, because it is just a matter of time until inflation starts eating the profit made by investors at traditional markets, so they will have to come back to crypto.

livingfree

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You can buy right now if you want to.

We don't know when will be the next bull run will come but there's a hint about past halving so, you have to decide and make your strategy if this is going to be the best time.

A good coincidence since the market is shaking again and we all thought that it was the start of the recovery but then, it wasn't. But why direct with alts and pass bitcoin?

Jackl87

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Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

No one can give you a clear answer to that question because no one in here can look into the future and therefore all we can give you is our personal opinion and maybe our best guesses what could happen in the next few months or so. I personally think that we will be in a bear market for a couple more months at least, which would mean that especially small cap altcoins would probably will be going down even more from this point on because in a bear market altcoins and especially small and new ones are falling way harder than Bitcoin and the big altcoins like Ethereum, Solana, BNB and so on. So i personally wait a little longer until i invest.

BlackBaron

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Quote from: Rigon on June 01, 2022, 12:51:08 PM

Maybe this is your last chance to buy ALT coins.Once upon a time there was a wait for this market. But now we can see this market. Expected Bitcoin to actually buy and invest in thirty thousand At present, the Bitcoin market has come down further by breaking 30,000, fulfilling everyone's expectations.Maybe soon we will see the pumping of the market. If you want, you can buy different ALT coins right now and invest them.

I don't think there is a last chance to buy Bitcoin and Alt, the volatile market will be unpredictable although now the market is calm at $30k but there is no speculation the market could rise for recovery, so if you are sure to buy bitcoin and altcoins at current prices then make purchases in several sets of purchase orders because there is also a possibility that the market may decline.

Kronos_DAO

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Quote from: RussianEnglishTranslation on June 01, 2022, 07:21:40 AM

Quote from: dhru9 on May 31, 2022, 08:00:11 PM

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

Check the charts, projects like 0xMR and ICP are already pumping! There are a lot of good buys right now and many consider this moment the start of the next bullrun- considering cryptos have been going down in price since 2021. We already saw 200+ days of a bear market.

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

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