Topic: Is it right time to Buy Alt coins now? - page 10. (Read 4031 times)
Right time to buy always was yesterday. No one knows that the best time for purchase. However, eth still have good chances to break ath, for example
I will HODL 3 altcoins who have a great team and a solid growth potential based on real use cases:
1: NPXS: Wants to make crypto available for everybody looks like a coin that could go to the moon. They already have pay terminals all over the world and I think that this could become a TOP 100 coin.
2: MDT: Wants users to get paid when there data is used. In current times data is the most valuable asset so this has a lot of potential
3: XEM: Is already well known but I believe in the project.
All those are available on Binance.
Please make sure to always read up about what you invest in. Make sure there is a team behind the token and make sure you believe in the project.
Not everybody will make a lot of money buying and selling altcoins. In fact most people will lose unless greed get's grip of the market again. do note that than the value is a bubble for most of the altcoins (outside of the top 100) with a few exceptions.
Picking those exceptions is onmly possible when you know the project and are a bit lucky.
Why don't we share our pickings more often?
Good luck trading
1: NPXS: Wants to make crypto available for everybody looks like a coin that could go to the moon. They already have pay terminals all over the world and I think that this could become a TOP 100 coin.
2: MDT: Wants users to get paid when there data is used. In current times data is the most valuable asset so this has a lot of potential
3: XEM: Is already well known but I believe in the project.
All those are available on Binance.
Please make sure to always read up about what you invest in. Make sure there is a team behind the token and make sure you believe in the project.
Not everybody will make a lot of money buying and selling altcoins. In fact most people will lose unless greed get's grip of the market again. do note that than the value is a bubble for most of the altcoins (outside of the top 100) with a few exceptions.
Picking those exceptions is onmly possible when you know the project and are a bit lucky.
Why don't we share our pickings more often?
Good luck trading
For now it is the right time to invest in some altcoins that have potential and this is what we have to do if we want to make a profit this year and now we can see that some altcoins have started to increase in price such as Ethreum, DOGE and several other top altcoins, in this case we also have to be careful in choosing which altcoins we invest in.
Well said. It is right time to take entry into Alts now as BTC Dominance Index is dropping down and good buying momentum is visible in Alts Market. We should be good cherry picking when it comes to buying Alts because all alts will not Rally only those who have good project backed by Professional Teams. Ethereum is also good because it has not yet broken ATH record of 2017 which was $1400. LTC, Polka dot and ADA are good buys as well. In short Top 10 of CMC( Coinmarketcap) are good buys at current rates.
Many people lost many chances only by thinking its the right time to invest or not. ALTs market heavily influenced by the BTC market so if the BTC market doing good then ALTs will do well too. There are many ALTs that's growth was even better than BTC like YFI. For ALTs investing slowly and regularly could lower your average buy if you really want to hold for the long term.
Well, it is better to find information about a coin that is developing than to ask someone else if this is the right time or not, because nobody knows about it. Well, I have a principle of buying assets when I really need to. however, currently the price looks high. I will probably wait for the price to decrease until I make a buying decision.
As long as you pick the right altcoin that will help you gain profit in the long-term, like bitcoin, it will be the right time for you to buy altcoins today. But if you will only purchase an altcoin that is not promising enough and will not help you gain profit, it will be better to look on the coinmarketcap website to know the top altcoins in the market.
It wouldn't be the first, second, or even third time this kind of cycle has taken place. Alts usually follow bitcoin, but has bitcoin finished growing yet?
also, it's only a trend. My strategy has always been, invest in things you belive in.
also, it's only a trend. My strategy has always been, invest in things you belive in.
Well said. BTC is the King of crypto empire without any doubt and we should maintain at least 80% of Portfolio in BTC. Rest 20% ,we can invest in Top10 Alt coins except XRP which is facing legal action by SEC. It is certainly in troubled waters now. I am expecting a Huge rally in Alt coins once BTC Price stabilizes and its Dominance Index comes down.
My favourite picks are LTC and Polkadot.
Do we see any other coins having similar problems to $XRP, I've taken this out of my portfolio and think for the most part the rest should be okay.
For me it is never too late to buy bitcoin, depending on the vision and mission we want, for short trade or long term. In the short term it is never too late because we can make profits from the altcoins we buy quickly. for example, in the last two days I have gotten quite a lot of profit from DOGE and TFUEL, ZIL, because their pump is quite fast, until now Doge is still a pump and I can take advantage of the difference.
But for long-term investment, it is still possible because BTC is still at 34K with predictions this year will be more than 50K. In essence, it's better to buy than sorry to see crypto price increases without us owning the assets.
But for long-term investment, it is still possible because BTC is still at 34K with predictions this year will be more than 50K. In essence, it's better to buy than sorry to see crypto price increases without us owning the assets.
Well said. BTC is the King of crypto empire without any doubt and we should maintain at least 80% of Portfolio in BTC. Rest 20% ,we can invest in Top10 Alt coins except XRP which is facing legal action by SEC. It is certainly in troubled waters now. I am expecting a Huge rally in Alt coins once BTC Price stabilizes and its Dominance Index comes down.
My favourite picks are LTC and Polkadot.
For me it is never too late to buy bitcoin, depending on the vision and mission we want, for short trade or long term. In the short term it is never too late because we can make profits from the altcoins we buy quickly. for example, in the last two days I have gotten quite a lot of profit from DOGE and TFUEL, ZIL, because their pump is quite fast, until now Doge is still a pump and I can take advantage of the difference.
But for long-term investment, it is still possible because BTC is still at 34K with predictions this year will be more than 50K. In essence, it's better to buy than sorry to see crypto price increases without us owning the assets.
But for long-term investment, it is still possible because BTC is still at 34K with predictions this year will be more than 50K. In essence, it's better to buy than sorry to see crypto price increases without us owning the assets.
I don't really think if now is the right time to buy Altcoins because most of the traders are more focused on Bitcoin right now, since bitcoin is the head of the news because of its rapid increase. Time will come that Altcoins will also increase like bitcoint, but for now, have patience. Just wait for it to be the highlights.
As far as I am concerned, everyday is always a good day to buy alts. I mean as an investor, if you really trust the project and the coin related to it, then, there is really nothing for you to worry. As long as you invest to the project that you have checked and made sure that it is an ok project. Then you will be able to get the profits that you will get once the bull run also occurs on the cryptocurrencies. We just have to be patient and we will get our profits.
Your positive thinking is highly appreciated. Investors should be expert in "CHERRY PICKING" means invest in projects those have innovative ideas backed by Professional teams.
Once you put your money in the project then don't get upset with Market volatility. Hold your investment with patience and for sure your patience will pay you Huge rewards.
As far as I am concerned, everyday is always a good day to buy alts. I mean as an investor, if you really trust the project and the coin related to it, then, there is really nothing for you to worry. As long as you invest to the project that you have checked and made sure that it is an ok project. Then you will be able to get the profits that you will get once the bull run also occurs on the cryptocurrencies. We just have to be patient and we will get our profits.
There is big bounce in the price of ethereum and few of the well expected altcoins of the market. After a long today the ethereum growth percentage have come above bitcoin. There is more chance for an altcoin bull season. Probably the present market is stabilizing for a big growth without much of downward movement. Taking into consideration the growth taking place with altcoins it is good to buy altcoins that've got promised growth.
The BTC has made history today and broke its all time high record. It is currently trading around $ 20500 to 20600. BTC Dominance Index is around 65% which is very High. I personally think that it is the Right time to take entry in Good Alt coins ( Ranking from 2 to 20 on coinmarketcap). I believe that History of 2017 will be repeated soon. We will soon witness Huge rally in Alts. It should happen when BTC will stabilize around current levels and BTC dominance Index comes down to below 60%.
Nobody knows for sure the future development of crypto prices, because they can be volatile. But in my opinion, although BTC dominates the market at the moment, altcoin prices are slowly increasing. Today we are seeing ETH rally from $ 625 to $ 700 and currently ETH price around $ 685 is likely to go up again and I believe that by the end of this year at least the minimum ETH price can reach $ 750. For the short term, we have made a profit and there is nothing wrong with investing in the long term, because everyone is very confident that altcoin prices in 2021 will experience a rapid increase compared to prices this year. Who knows
I rather say no, Bitcoin should be the priority to buy but if you are an altcoin expert then I suggest you can do and buy. One can earn huge but it is high risk. I had been some time already here in the forum and saw a lot of failed altcoins being dumped by the project owners and team but prior to that they had made such good marketing strategy giving false hope.
For the most part whenever someone tries to outsmart the market they are the ones that end up being outsmarted by the market, right now there is no need to try to invest in altcoins thinking they are going to make a comeback, right now the attention of everyone is on bitcoin so invest there if you want to make some profits, there will be a time for altcoins to shine but right now is not the moment as the market cap of bitcoin is approaching 70% once again. 
The BTC has made history today and broke its all time high record. It is currently trading around $ 20500 to 20600. BTC Dominance Index is around 65% which is very High. I personally think that it is the Right time to take entry in Good Alt coins ( Ranking from 2 to 20 on coinmarketcap). I believe that History of 2017 will be repeated soon. We will soon witness Huge rally in Alts. It should happen when BTC will stabilize around current levels and BTC dominance Index comes down to below 60%.
^ I think now is a good time to buy altcoins, due to the market correction in recent days, and sell your assets when they hit their highs or hold them until the altcoins season comes. However, it should be noted that the crypto market tends to be volatile, as it is nearing the end of this year, so many investors have started selling their coins. So invest at your own risk.
Buying altcoins these days depend on the your purpose and the altcoin that you're going to buy. If it's for a long term hodl, then it's not the best time for you to enter the market because most altcoins these days follow the Bitcoin trend which is too risky to buy. You better wait for the dip if you'll just hodl but if you're planning to trade then try to look for good coins and make sure that you're ready to deal with its movement. Altcoins these days are too unpredictable.
Yes, It's a good time to buy some altcoin at a cheap rate. but don't put all of your money in one basket. try to put your money in a different basket. I will suggest you buy some GEM at a cheap rate. I am buying Tomo, Coti, KCS, Vet at this stage. Will hold for the long term. also buying everyday at a cheap rate. Hope my bag will be full soon with my desire altcoin.
I can not 100% agree with you that buying altcoin for a cheaprate current time will be good to earn profit. An Article on internet said that when the bitcoin dominiance increasing like current time, People will more willing to hold and buy bitcoin rather than altcoin (it can be the reason bitcoin's price increase and altcoin's price decreasing). Holding altcoin at such time would be a losing trade and a significant oportunity cost. Refference
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