Big yes! Especially, if we are talking about Deedy Digital and their DEED
Because they will launch an NFT platform very soon, where you can trade, buy, sell, rent out, enter NFT lotteries and so on
I think they have a lot of features that could trigger the market to buy more!
Topic: Is it right time to Buy Alt coins now? (Read 4208 times)
Alts are totally gaining momentum it was the right time buy yesterday
It shouldn't have been yesterday but in the past week have been able to make several purchases on every coin that is good and has potential because now the average coin has gone up and market conditions have started to look better.
Alts are totally gaining momentum it was the right time buy yesterday
Crypto there is always an opportunity at any time for profit, who dares to take risks has the opportunity to make big profits because there are many indications of crypto performance continuing to improve, I always divide 2 types of altcoins, which are stable for the long term and those that have the opportunity to skyrocket in a month.
Absolutely, YES!
This is now the right time to diversify your portfolio. As for me, I've already taken advantage of the current dip and accumulated some of my top fave coins like ETH, ADA, LTC and XRP. I also allocated some of my budgets to XSN from which I can see a big upswing coming very soon.
This is now the right time to diversify your portfolio. As for me, I've already taken advantage of the current dip and accumulated some of my top fave coins like ETH, ADA, LTC and XRP. I also allocated some of my budgets to XSN from which I can see a big upswing coming very soon.
If you look back at how bitcoin has performed over the years, you will notice that every year that went by was a good time to buy bitcoin and 10 years down the road its clear that there is no wrong time as you can tell from the high price...so if we can apply this to altcoins, clearly there isn't a wrong or right time!
If you have the funds to spare ,then secure you bag and buy your coins then hodl...see where they take you.
If you have the funds to spare ,then secure you bag and buy your coins then hodl...see where they take you.
In cryptocurrencies many of the people who are influencers have words that move masses, but, you just have to see how Elon Musk can manipulate the market with ease, in this case there is an effect for XRP, according to this article Jay Clayton became the protagonist:
RIPPLEXRP effect? Did Jay Clayton really just echo Ripple’s talking points?
Much has been speculated about XRP, could this cause some kind of collateral effect on the Ripple market?
RIPPLEXRP effect? Did Jay Clayton really just echo Ripple’s talking points?
Quote
“Cryptos, like nearly any new innovative technology, can be used for good or bad purposes. The problem is that US companies seeking to be compliant and use this tech for good are left in limbo (or for Ripple, worse!) because of a lack of a clear, predictable framework.”
Ripple already has Mary Jo-White, Clayton’s predecessor as SEC Chair, in its corner. Right now, it would seem that Clayton himself might be siding with the defendants’ talking points too. What does this mean though? Well, probably nothing much.
Source: https://ambcrypto.com/did-jay-clayton-really-just-echo-ripples-talking-points/Ripple already has Mary Jo-White, Clayton’s predecessor as SEC Chair, in its corner. Right now, it would seem that Clayton himself might be siding with the defendants’ talking points too. What does this mean though? Well, probably nothing much.
Much has been speculated about XRP, could this cause some kind of collateral effect on the Ripple market?
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For me, there's never a right or wrong time to buy altcoins, every altcoin has its own season and I believe that good altcoins will always rise to the moon when it's season comes, come to think of 2019/some part of 2020 when the crypto market was in total shambles, there were altcoins that were still doing all time highs and there were also altcoins that still made top gainer on coinmarketcap even in those challenging periods, so all my trying to say is, when ever one finds a good and promising altcoin still trading at a price which is comfortable for you to buy, don't ask if it's the right or wrong time, go ahead and invest, we are supposed to diversify our investments not just focus on one because its going up.
lot of ppl think so but what we will see with those fluctuation it is just go down
Damn right yet I appreciated all of that change. I realize it ain't simple to settle on any choice in this market. You understand that market volume is decreasing because most people that actually trade have been saving up or stay away. The investment is for the experience. You can go sideways, like market goes up make money and market goes down still make money. It's dependent upon you.
lot of ppl think so but what we will see with those fluctuation it is just go down
BIG YES !!
now is really an opportunity for all traders and investors who have not saved altcoins for future "supply", because BITCOIN and altcoin prices are currently weak, let's say it can be said that buying and holding altcoins at this time buys at a discount for a large profit. can be earned as much as possible in the future.
now is really an opportunity for all traders and investors who have not saved altcoins for future "supply", because BITCOIN and altcoin prices are currently weak, let's say it can be said that buying and holding altcoins at this time buys at a discount for a large profit. can be earned as much as possible in the future.
I just urge don't miss the train, now it is time to buy! Buy the dip that's what the current marketcap scenario. The current dump because of Elon Musk tweet, but almost all top altcoins gives us at low price. Try to get benefit from this volatility and become profitable.
The market is fluctuating still and BTC is moving inside the 34k to 40k price range and every time it pumps or dumps, alts suffer. Frankly speaking, traders need to worry about where they are trying to enter into a coin and what might be its next step because its hard to predict anything right now.
Absolutely right. Market conditions are not conducive to take entry right now until the BTC price becomes stable. Whatever Technical analysis we do before taking entry in any crypto coin , one tweet of Elon Musk will destroy all your trading plan as it happened this morning. To be on safer side it is good habit to use Stop-loss before taking any position in the market, it is important component of Risk/Money Management.
well, currently the price of bitcoin is slowly recovering. this makes me think that after bitcoin, it's the turn of altcoins. however, not all altcoins will pump. So, choose altcoins with great potential, and to avoid risk, only choose popular coins. maybe BNB will go back to $600, or ETH to $3.5k. however, choose altcoins with great potential.
I agree with you that the market is recovering and investing in top altcoins will yield better results. Even so, I still think there is one more drop to see the market from another phase, for me btc and eth are still my favorite picks in this market. well, currently the price of bitcoin is slowly recovering. this makes me think that after bitcoin, it's the turn of altcoins. however, not all altcoins will pump. So, choose altcoins with great potential, and to avoid risk, only choose popular coins. maybe BNB will go back to $600, or ETH to $3.5k. however, choose altcoins with great potential.
I also agree that altcoins price will also pump up in this month, especially for ethereum. The price of ethereum is at red zone after ATH $3.8 at the mid of May. So this will be great opportunity to invest in altcoins such as ethereum and top ten alts in coinmarketcap.
well, currently the price of bitcoin is slowly recovering. this makes me think that after bitcoin, it's the turn of altcoins. however, not all altcoins will pump. So, choose altcoins with great potential, and to avoid risk, only choose popular coins. maybe BNB will go back to $600, or ETH to $3.5k. however, choose altcoins with great potential.
True. We should do cherry picking and invest in coin those have potential to regain their price which was back in April-21 and you said it very rightly that BNB, Polka DOT and ETH are at very good price now to take entry and they will certainly perform once BTC goes Bullish. This is my opinion but not a financial advice. DYOR.
well, currently the price of bitcoin is slowly recovering. this makes me think that after bitcoin, it's the turn of altcoins. however, not all altcoins will pump. So, choose altcoins with great potential, and to avoid risk, only choose popular coins. maybe BNB will go back to $600, or ETH to $3.5k. however, choose altcoins with great potential.
I've been doing some TA for the past few days and comparing it to other crypto experts and we have common speculations. Market will soon experience the last big dip before the bear trap and coins will dump for a huge percentage but will recover because btc will reach around $50k again and ocer $100k before this year ends. So to answer the question, for me this is not the right time to buy. Make sure to prepare some funds and wait for that big dip and that is the best time to buy assets while the market is on sale. Not a financial advice. DYOR & TAYOR.
Well said. Most of the Technical Gurus are predicating that BTC might dip to 24K before it pulls back but what I have experienced that BTC whales move BTC in opposite direction what generally people are predicting. Since more than a week BTC is hovering between 34K to 38K and its next move would be upward or downwards that remains to be seen. Since BTC Dominance Index is on lower side (41.5%) and BTC is side ways so I think we should take entry in good alts coins with buy on dip strategy but it is not financial advice. DYOR
I've been doing some TA for the past few days and comparing it to other crypto experts and we have common speculations. Market will soon experience the last big dip before the bear trap and coins will dump for a huge percentage but will recover because btc will reach around $50k again and ocer $100k before this year ends. So to answer the question, for me this is not the right time to buy. Make sure to prepare some funds and wait for that big dip and that is the best time to buy assets while the market is on sale. Not a financial advice. DYOR & TAYOR.
I believe its too, but isnt the dip already happens twice? Is there will be another bigger dump happens in the near time?
I dont think it will happen, Also COVID funds from the government will come soon and be used as crypto investment funds again for many people who receive it.
I've been doing some TA for the past few days and comparing it to other crypto experts and we have common speculations. Market will soon experience the last big dip before the bear trap and coins will dump for a huge percentage but will recover because btc will reach around $50k again and ocer $100k before this year ends. So to answer the question, for me this is not the right time to buy. Make sure to prepare some funds and wait for that big dip and that is the best time to buy assets while the market is on sale. Not a financial advice. DYOR & TAYOR.
DYOR and keep yourself updated with every market movements, and yes that's good to have more spare fund for when the market experienced much deeper downfall.
You have to prepare yourself not to fall with this kind of market situations, there's always a good bounce each time fall happened
and if you are wise enough you'll going to see first before you make any big decisions with your investment.
The right time always depends from how you analyze everything, it will bring decent profits if you do all the things that will help
you to project the best entry place.
Yeah being prepared financially, emotionally and in all aspects. Being advance in the market will always give you a positive outcome.
For me the right time can be anytime depends on how deep your knowledge in crypto and you are right from how you see and analyze everthing in crypto space.
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