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Topic: Is it right time to Buy Alt coins now? - page 16. (Read 4031 times)

member
Activity: 210
Merit: 12
December 17, 2020, 05:05:43 AM
#48
There is possiblity of earning good profits like that of 2017 again, bitcoin is now very bullish and altcoins are still losing power, buy top altcoins like Polkadot, Chainlink, BNb etc and you won't regret, it's possible to earn 5x to 50x if altcoin season truly unleash it's sleeping dragons, hopefully by January 2021 things will be as good or even better than what we experienced in January 2018
member
Activity: 252
Merit: 11
December 17, 2020, 04:51:53 AM
#47
Bitcoin is now over 22k, it might get too late to start buying altcoins very soon, in 2017 bitcoin only reached 20k for Ethereum to surge over 1k $ but now it seems that Bitcoin will grow over 25k, that's very possible, the best coin to buy now is altcoins and make sure it's top altcoins, it still looks like majority of altcoins won't surge in this bull season so know what you are doing
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
December 17, 2020, 04:37:07 AM
#46
With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.
It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.

I disagree, i don't know your definition of mooning because there are many alts which have not have a 2% increase as at now, although it depend on the alts he intend to invest on, to me this is the perfect time to buy some good alts and ride the market (i.e if there will be any major price pump in alts like the way btc is pumping right now), don't forget the alts season is yet to begin.

You are absolutely right we should buy only Good those  Alts which  have potential to go 2 to 5X like, Ethereum, XRP, Polka Dot and XLM. To cut the long story short, Top 20 coins on coinmaketcap are safe for long term investment. My favourite coin is Pola Dot, I think it has potential to go more than 10X because it has all the features of Ethereum network, transaction speed and other features are even better  and its current price is very attractive for investment.
hero member
Activity: 1694
Merit: 516
December 17, 2020, 04:16:58 AM
#45
With bitcoins now at above 22,000 USD I think it's time to go into the crypto market. At these high levels there will be more new investors attracted who want to get a piece of the cake. And these high levels are probably gonna flow down into other crypto coins, because as most of us here on the forum, once you start investing in cryptos you want to buy other coins too.
sr. member
Activity: 1736
Merit: 306
December 17, 2020, 03:58:40 AM
#44
It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.
yes I agree with you because in the past I was trapped when suddenly bitcoin and altcoins experienced a very large price drop and for that I am now a little patient to see the market
full member
Activity: 1064
Merit: 101
HELENA
December 17, 2020, 03:39:47 AM
#43
bitcoin is hot right now. why should we buy altcoins. isn't bitcoin much more profitable. so for now it's better to buy btc than altcoins. indeed buying altcoins is not the wrong decision, but you should enjoy bitcoin bulls while they last. and when bitcoin stops rising, then buy altcoins to increase the profit you get.
hero member
Activity: 2562
Merit: 577
December 17, 2020, 03:39:41 AM
#42
With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.
It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.

I disagree, i don't know your definition of mooning because there are many alts which have not have a 2% increase as at now, although it depend on the alts he intend to invest on, to me this is the perfect time to buy some good alts and ride the market (i.e if there will be any major price pump in alts like the way btc is pumping right now), don't forget the alts season is yet to begin.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
December 17, 2020, 03:29:39 AM
#41
Yes Bitcoin has made history and has changed a lot of mindsets as well, however looking at History of 2017, it is a different thing now because many attention seems to be on Bitcoin which comes mainly from institutional investors and it looks like a lot of people are yet to focus a lot on altcoins hence the reason many are yet to reach their ATH, although Ethereum is trying it's best. Therefore, in my own opinion I think it would be best to give the market more time to actually understand if the dominance of Bitcoin will keep increasing or will adjust a little. From another point of view, with the growth achieved by many altcoins now, one will also need to think wise before getting into any of them.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
December 17, 2020, 03:15:15 AM
#40


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%.

you are right, because for now only the price of Bitcoin has increased very high and the price of altcoin is only increasing slowly (it has not risen very high like the price of Bitcoin), so it is true that now is the right time to invest in altcoin (my advice is the top 100 on coinmarketcap), because I believe altcoin price will definitely increase very high soon, so now is the right time to buy altcoin and hold, because if not then you will regret it when the price of altcoin increase very high (bull run).
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
December 17, 2020, 03:14:05 AM
#39
With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.
It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.

Very well said. Late is better than never, I would like to ride this rally and make profit in BTC or alt coins because current scenario is totally different from 2017 scenario which was totally speculative. Now there is Huge institutional support and adaption of crypto currencies.  No one can correctly predict that where this BTC rally will end up because we have no historical data to predict Resistance or Support levels as  it has already broken its ATH record.. I may be wrong buy my understanding of Technical analysis is that it is never a perfect Science, it is the Science is probability which is totally based on Historical data. What happened yesterday same thing will happen tomorrow because unfortunately Human behaviour never changes. It is better to ride this Rally and enjoy profits.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
December 17, 2020, 02:32:49 AM
#38
With bitcoin crossing crossing 20k price mark and registering new ATH I think it's always a very good idea to invest in altcoins to trade but I do not recommend to hold them for a long period.
It's too late for now to buy altcoins or bitcoins. both are mooning right now. People will be dealing with the big risk that they are shorting the market and when the price goes down again and they will be trapped. It's better waiting for the correction rather than try to buy more and put youself into the big risk.
People must think for a twice about that dude.
hero member
Activity: 2086
Merit: 603
December 17, 2020, 02:26:13 AM
#37
Why is it everyone gets hyped when the prices are hiking a lot?
When whole crypto market is sleeping as dead as stone then no one enters into crypto at all. Lolz. But when market starts moving upwards and when it's too late to enter in then everybody ask whether is it right time to buy or not.

It's not, virtually its worst time to enter because market has already reached at peak level where we might just start bell curve and market will start moving downwards. Think wisely before you invest today or until market does not get stabilised.
member
Activity: 2044
Merit: 16
December 17, 2020, 02:13:00 AM
#36
With massive price pull ups on bitcoin today and altcoins remains as is to their current price, I think this is not the year of Altcoins and people only focused on bitcoin that shattered new all time high since 2017. If you buying altcoins now, just think of it as a long-term goal and eventually it will be a good investment in the future.
sr. member
Activity: 2044
Merit: 323
December 17, 2020, 02:10:52 AM
#35
Its always right to buy alt coin which already proofen. You better buy it every month not one time with big volume for investment. For example : you want to buy eth and xrp. You need to but it little by little to avoid dump. This strategies called Cost dollar averaging.
It's guaranteed, 100% ETH and top altcoins Holders will eventually in profit. The fundamentally situation are different than 2017, major institutions are literally investing hundreds of millions of dollars on cryptocurrencies. Let's see guys, cause I see the next Alt coin season is gonna be epic.
legendary
Activity: 2688
Merit: 1004
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 17, 2020, 01:48:01 AM
#34
Currently, bitcoin price has broken through its ATH, so I think in the near future, altcoin prices will be pumping high. however, I'm currently going to focus more on finding additional altcoins so I don't miss that train. well, for me this is the perfect time for that.
full member
Activity: 560
Merit: 217
December 17, 2020, 01:15:41 AM
#33
Its always right to buy alt coin which already proofen. You better buy it every month not one time with big volume for investment. For example : you want to buy eth and xrp. You need to but it little by little to avoid dump. This strategies called Cost dollar averaging.
sr. member
Activity: 2268
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 17, 2020, 12:31:06 AM
#32
Yes now is a good opportunity to invest altcoin. Bitcoin is already showing a good move. If Bitcoin holds the specified position at this price, then altcoin will show a good move. And looking at the news from four directions, it seems that Bitcoin will hold this position.
Yes, it is very clear that Bitcoin is in a very good position, so it would be great if we invested in some of the popular Altcoins so that we could make a good profit on this excellent opportunity.
member
Activity: 88
Merit: 11
December 17, 2020, 12:08:22 AM
#31
Yes now is a good opportunity to invest altcoin. Bitcoin is already showing a good move. If Bitcoin holds the specified position at this price, then altcoin will show a good move. And looking at the news from four directions, it seems that Bitcoin will hold this position.
full member
Activity: 1330
Merit: 147
December 16, 2020, 09:38:52 PM
#30


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%.
Minimize your risk and your comfort when you are investing, if you already know BTC dominance in this situation you have to choose bitcoin as the main place to store your money. You can divide your capital by 50% for investing in bitcoin and for the rest you can choose the altcoin that you think has a good movement. In this situation, there will be many people who will buy bitcoin and ignore some altcoin, I have seen a thread on trading discussion which discussed that currently buying altcoin is a high risk.

Yeah, I'll admit that is true because I see and I have felt before, I bought an altcoin but I got loss although bitcoin was increasing. As you can see now, in this bull run market just bitcoin that successful to reach its all time high, when the correction came bitcoin just met a little fall different altcoin which met a correction for more than 50% from their increasing price.
legendary
Activity: 2422
Merit: 1036
casinosblockchain.io
December 16, 2020, 09:24:51 PM
#29
Right now, most of the investors are focusing on Bitcoin although there are still some investors who are investing on Altcoins right now.

Now regarding to your question, it would be better if you bought altcoins when the market is making a small correction few days ago. Now most of the top coins are slowly increasing and if you will invest into short-term, I think it is late as of now. You need to wait for another correction again then enter the market.

It would be better if you will just focus on investing in Bitcoin or if you really want to invest into altcoins then just invest on ETH Cheesy
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