Is now the right time to buy altcoin? - page 13.

NathanJB

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Quote from: mellisao on November 21, 2019, 09:24:34 PM

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

I cannot speak with certainty whether this is already the cheapest prices the altcoins and Bitcoin can get. It is possible that this is not yet the bottom. However if you make sure that you will not be left out, set your buy orders in different amounts. Buy them at this current price. These current prices of altcoins and BTC are already cheap. But create another buy orders at lesser prices if ever the prices will still continue to decrease.

shodik007

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I'm not too sure because it can be cheaper, the market situation is very volatile, which keeps me monitoring. but if you intend for the long term it's not a problem to buy it now, I believe future prices can be as before and even better.

Pearls Before Swine

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I wouldn't want to give you what might be construed as financial advice, but my opinion is that now is probably a great time to buy some quality altcoins, with the key word being 'quality'. There are so many available and sometimes it can be hard to discern which ones have a future and which ones are total garbage.

Unfortunately most altcoins are indeed garbage, and I wouldn't even consider owning 99.9% of them. Literally 1 out of every 1000 altcoins is a good one (perhaps a little more than that), which means there's only a small handful and those are basically from the top ones on coinmarketcap. Eth would be a good choice and an obvious one at that, but the rest are basically what you prefer and everyone prefers different alts.

On the other hand, the market could keep dropping. If that happens you might lose money in the short term if you bought now, but I think in the long term you would make a profit. You have to buy low in order to sell high, right? Well, altcoins are fairly low at the moment.

Ailmand

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Yes, it's still the right time to buy altcoins since the prices are still cheap but you have to look for altcoins with huge potential. You must do your own research and be skeptical about choosing a good coin. Make sure that you're investing with top coins which have an assurance or at least a good history of reaching a good price.

Chrystora123

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I pay attention to current market conditions and the average Altcoin down 10% - 20% (besides Bitcoin) and this is a good moment to buy Altcoins. I suggest to buy Bitcoin Cash, BSV, BNB, Tron, OKB, Dash, and EOS, you can choose one or choose to buy all.

Lanatsa

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Quote from: mellisao on November 21, 2019, 09:24:34 PM

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

Depends on what altcoins you would tend to purchase.We are now on the slumping prices phase.If you can risk out some money to buy on this possible dip
then its your choice because no one would able to stop you if you do prefer on buying into this level point but I would prefer on buying up btc instead on considering
alts but it isn't a bad choice either if you wont to diversify things.No one knows on whats the bottom price that's why these question is always been asked and cant be
precisely answered anytime.

aomakun

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I am not sure to start investing in Altcoin at this time especially in the short term, the condition of bitcoin that is not improving can have an impact on altcoin. if the investment with long-term or daily trading in my opinion is appropriate the most important thing is that your research is strong to make the reasons for the investments made

AjithBtc

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Quote from: clixcoin on November 22, 2019, 12:09:17 PM

I don't think that is right time to buy altcoins especially what happened today if BTC keep bleeding than next turn will be on altcoins market. Altcoins also need to get little correction although it is maintaining very well as comparison with Bitcoin.

Altcoins weren't maintaining good market in comparison to bitcoin. Right now bitcoin market is far better than altcoins even after such a drastic price fall. If there happens price fall low to $6500 there is more chances for the price to reach $5000. Maybe this can be a price correction based on the upcoming halving scheduled for 2020. As there is crash in the market of bitcoin, same gets followed by altcoins. Good thing is to wait a week's time and get into investing on altcoins.

clixcoin

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I don't think that is right time to buy altcoins especially what happened today if BTC keep bleeding than next turn will be on altcoins market. Altcoins also need to get little correction although it is maintaining very well as comparison with Bitcoin.

adroitful_one

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Quote from: dark08 on November 22, 2019, 08:39:17 AM

Quote from: mellisao on November 21, 2019, 09:24:34 PM

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

If I were you I will wait for the bitcoin price be calm because at the moment the momentum of bitcoin price are being suffer from hard dump in that case most altcoin will follow the trend of bitcoin its better to wait for the right time dont be emotional.

That's exactly when you want to buy. It's like walking into a store somewhere and seeing an item you want at 30% off. You would scoop it up right then, wouldn't you? It's the same concept with cryptocurrencies. Don't wait until the price goes up to buy in. A lot of you seem to think that we're in a huge bear market right now for some reason. However, you're forgetting that at the beginning of the year, the price of Bitcoin was below $4,000. The market is and has been trending upwards all year long.

Dalmar

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Quote from: BChydro on November 22, 2019, 10:03:49 AM

Quote from: kro55 on November 22, 2019, 05:06:40 AM

The prices are still going down after the latest bull run in which BTC crossed 11k. You can start accumulating altcoins of your choice from current price down word. Its recommended to buy when market is sleeping.

The best time to invest is when the market is going down but make sure that you are investing in the right coins if not your will end up in a long hold, bitcoin and the rest of the markets went down drastically in the past few trading days and the support is well below $7k and it is still possible that the market will go down further but there is nothing to panic and invest in the right time and wait for a couple of years to reap the profits rather than looking for short term. When you are looking for alt coins make sure you invest in the top coins that will have an impact when the price of bitcoin rallies.

For avoiding the short market price movements, having an investment plan for the long term is good preparation. Preparing the investment portfolio is hard for the inexperienced investors but professional investors have the minimum requirements for targeting the big return on the investment rates. The profit will flow towards those portfolios who have a long term vision in the crypto markets.

DaMut

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Even though the price looks very cheap but I do not recommend anybody to buy altcoin in our current market, because there is no guarantee the altcoin that we will buy survive until the bear market ends. I have seen several projects went down because of the bear market, we might see another long bear market in the future.
it is best to buy Bitcoin rather than buying altcoin, it is better safe than sorry for me.

BChydro

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Quote from: kro55 on November 22, 2019, 05:06:40 AM

The prices are still going down after the latest bull run in which BTC crossed 11k. You can start accumulating altcoins of your choice from current price down word. Its recommended to buy when market is sleeping.

The best time to invest is when the market is going down but make sure that you are investing in the right coins if not your will end up in a long hold, bitcoin and the rest of the markets went down drastically in the past few trading days and the support is well below $7k and it is still possible that the market will go down further but there is nothing to panic and invest in the right time and wait for a couple of years to reap the profits rather than looking for short term. When you are looking for alt coins make sure you invest in the top coins that will have an impact when the price of bitcoin rallies.

DimitrisLodirogas

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Yes buy them. My favorite alts are: XRP, NEO, XLM, NWC

dark08

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Quote from: mellisao on November 21, 2019, 09:24:34 PM

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

If I were you I will wait for the bitcoin price be calm because at the moment the momentum of bitcoin price are being suffer from hard dump in that case most altcoin will follow the trend of bitcoin its better to wait for the right time dont be emotional.

pamsugas

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I think the price of altcoin is at the bottom as well as bitcoin.
altcoin and bitcoin soon recover. the average altcoin price dropped by more than 10%, it's quite easy to make money.
today I repurchase altcoin like XRP, Tron, and BNB

michellee

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Quote from: mellisao on November 21, 2019, 09:24:34 PM

Holla friends, I want ask opinion and advice regarding the situations of altcoins and BTC today
You know , today market are show bad price for all coin and token.
Is th eright time for make some profit with buying altcoins ?

It depends on what coin you want to buy because I see that not all coin is down, and many of that coin is trying to increase in the down of bitcoin price. If you think that you have an interest in one or two coins, then you should analyze the trend before you decide to buy it. Besides that, if you already have the coin at a low price, then you can skip buying more this time, and you should wait for the time to increase so you can start to sell the coin. But if you want to buy bitcoin, then I guess that it is a good time to buy more bitcoin.

AakZaki

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in my view if logging into Altcoin at this time is still too risky. because it looks like the movement of Bitcoin will still fall at its worst support of around $6000. which will impact falling on Altcoin too. with the exception of BTC $7000 support is strong and can indicate a bullish direction here I also say the right time to enter Altcoin.

Shasha80

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That's right with market conditions like now is indeed the right time to buy altcoins. But I suggest not buy with all the capital you have,
buy altcoins with part of the capital you have if the price goes back down from the current price can make a purchase again. So buy
altcoins in a gradual way, this way can maximize profits when prices rise later. Most important to remember do not buy altcoins that are
not well known and have a small volume. Because it is very risky once, just play it safe by buying altcoins that are popular and have
a large volume.

batang_bitcoin

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Quote from: fourpiece on November 22, 2019, 06:29:17 AM

wait a little more down , maybe wait for bitcoin to go down 7000$ before buying alts. Cause by next year there will be a massive pump that will happen to btc and altcoins.

I'm positive and optimistic for next year but I guess everyone should prepare for a bigger dump if ever it happens, you won't get disappointed. I've been hearing rumors and speculations 2021 might be the actual year of bull run. Although those analyses are not accurate, it's just a preparation that you might also get into it. $7000 could be a get entrance but I would say that $7,100+ is already a sale for everyone that longs for a cheap bitcoin.

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