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Topic: Is it time to enter the market and buy altcoins? - page 3. (Read 561 times)

sr. member
Activity: 1008
Merit: 250
The bear market was just confirmed a few days ago. I think it's too soon to decide to go back to the market now, I want to wait at least another two months to see if the market starts to stabilize or will still continue to fall.
Now try to look at the market and feel if it has started to improve with a few percent increase because I just saw it and hopefully the market can continue to improve from now on with no further declines.
full member
Activity: 672
Merit: 100
Don't ever doubt the market situation as long as your mindset doesn't become instant rich, always use the DCA method, especially in market situations that tend to be bearish and never go all-in if you can't afford to lose your money. there are many altcoins that have the potential to be invested, so start walking and don't be afraid the market will return to normal
member
Activity: 882
Merit: 11
Volare.network
The bear market was just confirmed a few days ago. I think it's too soon to decide to go back to the market now, I want to wait at least another two months to see if the market starts to stabilize or will still continue to fall.

I don't agree, the current trend is still pretty good. the bear market is still quite far away for now. and if you want to trade short term buying anytime will not be a problem. so first determine what you want to choose short term or long term. if we talk about the long term, now is not the right time. arguably this is the worst time because the market is not clear. it is difficult to predict when there are many false signals in the market which indicates the market is looking fine.
hero member
Activity: 1498
Merit: 537
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The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.

If I tell you yes it is the right time then what will you do? buy altcoin with all of your money? then stop right now and listen crypto market is evolving and we are still so early in the market. So the earlier is the better. But it doesn't mean you will put all of your money right now. The Crypto market moves in wave-like ups and downs. So you will get many chances to buy low. So buy some and wait for more dip.

Look what saylor does. He is accumulating BTC from 2020 and still doing that. That is how you invest in crypto. Slowly but on a regular basis before the whole world jumps into it.
sr. member
Activity: 1918
Merit: 256
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The bear market was just confirmed a few days ago. I think it's too soon to decide to go back to the market now, I want to wait at least another two months to see if the market starts to stabilize or will still continue to fall.
full member
Activity: 1204
Merit: 102
One thing you should know.

Buying on the red will give you more profit with less loss trading rather than buying on the green If you search on the reddit or internet. You should enter the market while the sentiment market is negative.

Like:
- Everybody told you "BTC" is death
- Fear Index on Extreme Fear

That's why you should have free cash (ready money), In case the market is down, buy on the down trend and then sell on the green don't do the opposite.

Yes you're right. I've also read one quote that is "keep buying when everyone else is selling." This is a fact in the trading world, if you want to make a profit then buying when the price is falling is the right time. and now is a good time to do that. bitcoin distance is quite far from the latest ATH. the market is also in a sideways period these past few weeks. and most importantly even though things are not so good, the hype for crypto remains at a high level.
legendary
Activity: 2576
Merit: 1043
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Whenever you feel to then just buy.
Just kidding. At least enter the market when all or most of the altcoins are in red like what happened few days ago.

TBH, there might be a chance that it will go below $40,000 but it seems that there are many buyers at that price because it is the psychological support. Just look at the market and if Bitcoin goes down to $40,000 that is another opportunity for you to buy but right now, I think entering the market and buy some altcoins is a good decision short to mid term. The risk is low compare to the rewards you will get if it goes up and rebounds. For sure, there are some investors out there who accumulated some Bitcoins and Altcoins last week Smiley.
full member
Activity: 1008
Merit: 104
As long as you see it's the right time to buy it, I suggest buying the one you like, be sure of yourself and don't hesitate. There are many options in altcoins, it depends on which one you want to buy.
I see some altcoins will start to recover in the near future, although there are some that I doubt, it depends on our analysis. Don't miss your chance.

I also preferred to buy 1 altcoin when the crypto market is in the dip to focus myself on one single coin to handle rather than diversifying it to multiple coins which will gonna make you stress if they won't increase their price once the dip market is over. I think if you handle it well and you sold your coins at the right time, you will gonna earn a decent amount of money in this current situation of the crypto market because people have been waiting for the right time to enter the market and this is the right time for that. just don't be late when everyone is selling again.
When the coins we hold experience a decline, even quite low, I will not deny that it makes me feel a little panicked. But again, are we strong enough to hold on to it, or are we selling it at a loss? It depends on us. When we sell at a loss, it means we are not sure of ourselves.
Here we need to play on other altcoins, when one goes down, at least there are some assets that make us profit.
hero member
Activity: 2268
Merit: 588
You own the pen
As long as you see it's the right time to buy it, I suggest buying the one you like, be sure of yourself and don't hesitate. There are many options in altcoins, it depends on which one you want to buy.
I see some altcoins will start to recover in the near future, although there are some that I doubt, it depends on our analysis. Don't miss your chance.

I also preferred to buy 1 altcoin when the crypto market is in the dip to focus myself on one single coin to handle rather than diversifying it to multiple coins which will gonna make you stress if they won't increase their price once the dip market is over. I think if you handle it well and you sold your coins at the right time, you will gonna earn a decent amount of money in this current situation of the crypto market because people have been waiting for the right time to enter the market and this is the right time for that. just don't be late when everyone is selling again.
sr. member
Activity: 2016
Merit: 283
Everytime when market is down it's good to buy especially altcoin because usually they are very down as well when bitcoin is down.. But of course must pick which project is trusted to assure your investment is in a safe place.. Be aware of new projects because most of them are scam. Just pick which has good history because on that way you can assure everything will gonna be alright afterwards.
full member
Activity: 826
Merit: 101
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I started buying some altcoin this week, I think this is a good opportunity, especially now that the price is discounted.. dyor
Dyor ... may I know what coins you bought this week because I see there are many coins that can be obtained at low prices, meaning that almost all coins have very good price discounts in the market this week.
sr. member
Activity: 2366
Merit: 448
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Everyone will say the red is a great time to buy it, and you shouldn't be in too much of a hurry if the downturn is still ongoing or you'll do it gradually each time it goes down.
do more research before doing so so that you choose the right and profitable coin for the time you specify, and I think the top and oldest coins are the right choice for you to choose when there is a decline and when the market is moving up the top coins are always promising and will deliver good return.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Well, that seems the way it is. We better not miss this time while the market is still in the corrections. I was thinking this will not last long and the recovery will commence.

But, we can't be in hurry. It needs to have the searches before making a risky move or else, we just lose our money. And also, choose those coins that are really promising, please don't be fooled by those projects that promise to double our investment, which never works in reality.
sr. member
Activity: 1876
Merit: 318
We are still in dip (though there are signs of minor recovery) but still, its too early to say if the price wont go down further. Hence its an opportunity to buy, we'll never know how the coins will perform in the coming days but dip is always the best season to fill our bags.

Just buy the coins that you think has potential and likely to give you profit once the market turns bullish again. But keep in mind that investing has still risk regardless if the coins you hold are establish or not so better to have less expectation.
Yes. This is just the perfect time to enter the market and start buying bitcoin and good altcoins. As long as the market is having a correction or prices are in dips, then its always a good time to buy those coins which we think will eventually grow after years of hodling. And take note, not all coins that are in dips are good to buy, some have definitely no chances to increase their value so they are always on the bottom. And maybe making a good research and a good analysis is still very important before you decide to jump in the market.

It's true that currently all coins have experienced a fairly deep price drop, so it opens up opportunities for us to enter the market and buy coins.
But as you said, not all coins are worth buying, because there are some coins that most likely won't go up in price anymore. So make sure we choose
coins that have the potential to be purchased and have a bright future, usually top coins are a priority that we should buy, because they have
a very high demand. So when the bullish trend comes, usually top coins will go up following the price of Bitcoin. Or so that we do not make
the wrong decision, we do have to do research and analysis first, to make sure our decisions are right. Don't depend on other people's opinions when
choosing coins to buy, because other people's choices are not necessarily good for us. We must learn to trust our own ability to do research and analysis.
So we have to be able to decide which coins we deserve to buy.
full member
Activity: 437
Merit: 103
This is a great time to get into the market and buy some altcoins, because the average bitcoin and altcoin prices have fallen by 40%-50%, and this is a very good moment to buy.
fvb
member
Activity: 1470
Merit: 13
Its time to buy but not all altcoins are worth to buy since some altcoins mat not recover anymore so choose the best project that you think can bring good profit to you and can rise again. Buying at a cheaper price is always a good one, don’t wait for any opportunity grab it now before its too late. The market will surely rise again, and it can happen this year so better to start to buy now.
This is exactly what I do. At the moment I am buying various altcoins in which I myself believe. As much as my free capital allows.
hero member
Activity: 2856
Merit: 674
Bitcoin has tried several times to crawl back to the $50k level during the downturn and so far it looks like bitcoin is having a bit of a hard time getting to that level due to the ongoing investor panic so it is very likely the market will continue to be in a downwards phase, under these conditions I personally do not recommend entering the market because it will pose a big risk.
Well, it's not really good to enter in a market that is very unstable since we don't have any assurance if the next move of bitcoin will be upward or may continue its downward trend. Wait for a little while until we see another movement because that will be our guide on whether we'll start buying it now or wait another dump. Because not all dumps are always a good time to buy, if the market is definitely in a bear season, prices will certainly dump into a more lower value that marks the best time to buy.
hero member
Activity: 2814
Merit: 576
We are still in dip (though there are signs of minor recovery) but still, its too early to say if the price wont go down further. Hence its an opportunity to buy, we'll never know how the coins will perform in the coming days but dip is always the best season to fill our bags.

Just buy the coins that you think has potential and likely to give you profit once the market turns bullish again. But keep in mind that investing has still risk regardless if the coins you hold are establish or not so better to have less expectation.
Yes. This is just the perfect time to enter the market and start buying bitcoin and good altcoins. As long as the market is having a correction or prices are in dips, then its always a good time to buy those coins which we think will eventually grow after years of hodling. And take note, not all coins that are in dips are good to buy, some have definitely no chances to increase their value so they are always on the bottom. And maybe making a good research and a good analysis is still very important before you decide to jump in the market.
hero member
Activity: 3010
Merit: 629
We are still in dip (though there are signs of minor recovery) but still, its too early to say if the price wont go down further. Hence its an opportunity to buy, we'll never know how the coins will perform in the coming days but dip is always the best season to fill our bags.

Just buy the coins that you think has potential and likely to give you profit once the market turns bullish again. But keep in mind that investing has still risk regardless if the coins you hold are establish or not so better to have less expectation.
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
Bitcoin has tried several times to crawl back to the $50k level during the downturn and so far it looks like bitcoin is having a bit of a hard time getting to that level due to the ongoing investor panic so it is very likely the market will continue to be in a downwards phase, under these conditions I personally do not recommend entering the market because it will pose a big risk.
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