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Topic: Is it time to enter the market and buy altcoins? - page 5. (Read 545 times)

full member
Activity: 2086
Merit: 193
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.
hero member
Activity: 2156
Merit: 531
the signal is indeed good but it is still a mystery and will always be like that ,not sure we will face a big rally soon in the near future but what you can do is be careful, don't jump right in, because patience in analyzing is very important in this moment ! buy a little if you are in doubt
hero member
Activity: 2856
Merit: 667
Whenever there's a considered dip, it's a good buy.

But, there are people that don't considered the dips to be a good buy because they're looking always at the top. They want as if the market will recover there and reach the ATH again.

They're used to that because they saw the ATHs twice and that made them think that they're only going to buy if they see the recovery.
I guess we all have our own preference and as long as it still works, than that would be fine. But If you come to think of it, its not all the time that bitcoin's ATH will come twice a year, mostly it happens only once. So it will be better if we can start buying bitcoin and altcoins in the dip, because it gives us more chances to create bigger profits and higher chances to earn. But if you will stick to your own plan, you might still get profits but the assurance is very slim.
hero member
Activity: 3052
Merit: 606
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.
Exactly. If you start to buy at its dip, it will give you higher amount of profits when it reaches its new all time high compared to when you buy at its time of recovery. And i think its definitely the basic but still working at the present to buy at the dip, and sell at the peak.

However, not all traders and investors see it that way. But i think as long as we reach our goal in the end, our individual strategy won't really matter.
hero member
Activity: 2842
Merit: 625
Whenever there's a considered dip, it's a good buy.

But, there are people that don't considered the dips to be a good buy because they're looking always at the top. They want as if the market will recover there and reach the ATH again.

They're used to that because they saw the ATHs twice and that made them think that they're only going to buy if they see the recovery.
legendary
Activity: 2450
Merit: 1225
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.
newbie
Activity: 44
Merit: 0
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.
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