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Topic: Is it too late to join 2017 rally ? - page 3. (Read 4761 times)

sr. member
Activity: 350
Merit: 251
June 06, 2017, 04:09:38 PM
#32
I don't think its too late so long as you are disciplined about allocating capital, ideally you buy your target coins during selloffs. For long term holds I would consider BTC and LTC. Bitcoin is a must since many currencies trade versus bitcoin on most exchanges.

Some of the junior currencies where I don't believe they have reached their full valuation are ArtByte, ByteCent, Counterparty, LBRY Credit and Viacoin. This is a decent list to start research on whether you like the price, business model, developer roadmap, etc.

Occasionally one of the crypto whales on this forum makes a detailed post describing why they like a certain coin. I have found the advice very helpful when deciding on the position sizing for a new investment.
sr. member
Activity: 602
Merit: 265
June 06, 2017, 02:37:07 PM
#31
Nope, not at all, imagine at $250 we still had doubts,  and people thought it was too late. Even when the price adjusted downwards last weekend, folks doubted, and speculated it was the beginning of the end.I stick my head out and predict that btc will hit $5000 before years end, and ethereum $400. It will be best to spread the risk across different alts.
newbie
Activity: 29
Merit: 0
June 06, 2017, 02:36:25 PM
#30
I know lot of people who thought I was grazy when I did btc entry at 300$ lvl.
Maybe 2040 the market is kinda filled.

Just buy in time perioids and you dont have to worry about little details.
newbie
Activity: 22
Merit: 0
June 06, 2017, 01:56:45 PM
#29
Never to be late Just be careful
full member
Activity: 334
Merit: 102
June 06, 2017, 01:46:04 PM
#28
You know when it's gonna be too late? A year from now!  Wink And a year after that! It is always seems like this, but right now "Apple is still works in a garage"!
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 06, 2017, 12:06:53 PM
#27
The 2017 rally has really opened my eyes up to cryptocurrencies and the awesomeness it brings. I'm eagerly looking to get into the market, but with the huge price appreciations, I'm worried I'm to late and will get badly penalized if/when the market dips. What is your point of view, should I get in now or wait ?

Your doubt is reasonable. However, I think the price of Bitcoin will still rally up again. But don't buy when it does. All you have to do is to wait for correction or dip that's likely to happen and then you can trigger your purchase.


If you asked me, I would say Bitcoin is over rated. People should give the altcoins a chance to come up in value by de-emphasizing Bitcoin for a while. After all, Bitcoin transactions this day are frustrating with high fees and backlogs.
full member
Activity: 224
Merit: 100
June 06, 2017, 09:54:25 AM
#26
It's never too late but be careful and do your research first)
member
Activity: 84
Merit: 10
June 06, 2017, 09:52:44 AM
#25
no, I think it's just halftime now, or maybe just the 2nd quarter.
sr. member
Activity: 560
Merit: 269
June 06, 2017, 09:39:02 AM
#24
Some good potential altcoins were pumped up already. But still, many cheap but have good potential altcoins are just waiting for a pump. CRBIT(Creditbit), XRP(ripple), Digibyte(RGB), STR(stellar) and XEM(Namecoin). Those are my prospect altcoin this year. They have a good potential altcoin. It's not too late for you to jump in.
newbie
Activity: 26
Merit: 0
June 06, 2017, 09:24:24 AM
#23
No.
But you have to see this first:
1. Do research to find best coin to jump in;
2. trading or rally is high risk, be careful.

That is right. Only buy the coins with good potential.
sr. member
Activity: 250
Merit: 250
June 06, 2017, 09:02:23 AM
#22
No.
But you have to see this first:
1. Do research to find best coin to jump in;
2. trading or rally is high risk, be careful.
legendary
Activity: 996
Merit: 1133
Get Some!
June 06, 2017, 08:56:14 AM
#21
Never too late but not forget about money management. Otherwise, market will crush you.
newbie
Activity: 4
Merit: 0
June 06, 2017, 08:47:15 AM
#20
Not at all mate! Buy when the altcoin market against BTC is down (such as right now) and diversify into the cheaper currencies with high trade volumes on Poloniex. Simple strategy but honestly its how I turned $1000 into nearly $10000 USD in 2 months.

https://gyazo.com/93c3f57b0033e96260003bf7cada85a3
hero member
Activity: 966
Merit: 501
June 06, 2017, 08:44:25 AM
#19
What I do now is invest top 101-200 coinmarketcap alts that aren't been pumped last month, so in that way there is less risk of "deflation" (or dump) and there is still the chance that it will be pumped too.

So my spot now is: BSD

Other one in the 101-200 range that is not at is ATH  is ZCL that is worth a try.
hero member
Activity: 700
Merit: 500
June 06, 2017, 08:42:49 AM
#18
This is what I was thinking in this month.. Lot of coin pumped (up to 100x and maybe more) BTC is pumping too! Don't know if is a bubble, but there are so many coin overpumped out there!
newbie
Activity: 53
Merit: 0
June 06, 2017, 08:27:33 AM
#17
My advice stay in fiat wait for a pullback like we had a week ago. Until then spend your time researching good projects.  Everything has been pumped to hell and are at all time highs including bitcoin. Long term crypto's future is very bright but not at these price levels.
hero member
Activity: 1470
Merit: 655
June 06, 2017, 07:54:18 AM
#16
that is a valid thing to worry about and you would be a fool to think these altcoins that are getting pumped are not in a big bubble that is about to burst.

but it is not too late to start trading them.
you can still find coins that have not been pumped to death and invest in them Smiley but for short time.

also you can always catch the pumped coins on their bottom to enjoy some of the bounce backs but this strategy is much riskier than investing in a rising market and needs a perfect timing to get in at the bottom and get out fast enough.
legendary
Activity: 2660
Merit: 2229
https://t1p.de/6ghrf
June 06, 2017, 06:41:40 AM
#15
It is never too late. Nobody knows if we are currently in a bubble or not. Nobody can sell at the highest peak or buy at the lowest price.

My recommendation is before you invest (in anything, not only in cryptocurrencies): Read, read, read. Sleep, sleep, sleep. Think about what you have read. Read again, understand what you have read and invest then. And do not listen too much at other recommendation. Be always convinced in your investment. Otherwise go to the casino.

sr. member
Activity: 448
Merit: 250
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
June 06, 2017, 05:14:49 AM
#14
It's not too late for anything ever again. Certainly there are opportunities.
member
Activity: 72
Merit: 12
June 06, 2017, 05:13:31 AM
#13
I agree, there is still a lot of room to grow for a lot of coins. It is important however to look into underlying project idea, dev. team, community, etc. There is still a huge amount growing potential, as blockchain is nowhere up to its potential in terms of practical implementation. For long-term investment it's still an absolute yes.
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