Is now the right time to buy altcoin? - page 4.

fortunecrypto

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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 you take all the advice here and proceed to buy altcoins, not those new altcoins in the market but those that are performing well even in the bear market, then you are in good profit now the first month of 2020 and will eventually make more profit if you keep holding it even after the halving.

Omega Weapon

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Quote from: posi on January 01, 2020, 10:37:43 PM

Quote from: Omega Weapon on January 01, 2020, 10:00:32 PM

Quote from: jarhed on December 27, 2019, 07:06:54 AM

Now is a good time to invest in alts, because alts are now cheap, they are almost at the bottom and soon 2020, which should bring the growth of alts.

The price of altcoins are low on average on that you are right but that doesn't mean that it is a good opportunity to buy altcoins, altcoins have been going down in value for years and most of them have disappeared during that time period and most likely the price of bitcoin will go down during the next months and that is also a clear sign the price of most altcoins will begin to go down so if you really want to invest in altcoins it is better to wait for an even better opportunity.

You make s good point about some altcoins quenching off the market but that doesn't mean the same situation will happen to all altcoins in the market and with the momentum of the crypto market i strongly believe now it the right time to accumulate more crypto. But, people need to be careful in selecting altcoin and the slot claimed (been among the top 20 on CMC) by an altcoin does make it a good investment.

There is nothing wrong with accumulating coins in fact if you had done so you could be seeing some nice profits right now but I just think the trend of the market is still negative and until the current growth that we are seeing can break completely that tendency then it is better to wait for an even better opportunity, maybe I am wrong and that will not be the first time but even if you are interested only in the top altcoins it seems too soon to see a complete recovery of the market.

leetcoiner

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Of course now is a good time to invest in alts, especially in the top alts, because their prices are very low and I think there will be a growth in 2020.

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Quote from: quality.crypto on January 02, 2020, 01:31:45 AM

Till now I did the same thing whenever the price drops I keep buying them in the market, which I keep averaging my previous purchases. Still, the price of altcoin is going down, which it is impossible for us to keep buying those. Whether the altcoin touched their bottom or not still in confusion which market seems not in an upward trend.

Even with the market still going down, you're still doing the best thing that you can do and purchasing more. The cheaper you get in at, the better. All you can really do is keep purchasing until the market turns around. By dollar cost averaging everything you've bought and with the prices down so low on everything, you should be very happy once the market trend reverses. Don't give up on it. Keep buying while everything is cheap. You'll be glad you did. I promise.

quality.crypto

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Till now I did the same thing whenever the price drops I keep buying them in the market, which I keep averaging my previous purchases. Still, the price of altcoin is going down, which it is impossible for us to keep buying those. Whether the altcoin touched their bottom or not still in confusion which market seems not in an upward trend.

drlukacs

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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 ?

That may be true. As I see it, all alts fluctuate according to the price of bitcoin. And now in the charts, bitcoin is at a strong support level and maybe the price of bitcoin will pump sharply from now until the end of 2020. The chart shows that the bears tried to crush the market twice when bitcoin fell. about $ 6k5 and $ 6k4 but it completely failed. so we can understand that the cows in the back are very crowded and the bears are slowly changing their minds. Buying alts now will be less risky.

posi

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Quote from: Omega Weapon on January 01, 2020, 10:00:32 PM

Quote from: jarhed on December 27, 2019, 07:06:54 AM

Now is a good time to invest in alts, because alts are now cheap, they are almost at the bottom and soon 2020, which should bring the growth of alts.

The price of altcoins are low on average on that you are right but that doesn't mean that it is a good opportunity to buy altcoins, altcoins have been going down in value for years and most of them have disappeared during that time period and most likely the price of bitcoin will go down during the next months and that is also a clear sign the price of most altcoins will begin to go down so if you really want to invest in altcoins it is better to wait for an even better opportunity.

You make s good point about some altcoins quenching off the market but that doesn't mean the same situation will happen to all altcoins in the market and with the momentum of the crypto market i strongly believe now it the right time to accumulate more crypto. But, people need to be careful in selecting altcoin and the slot claimed (been among the top 20 on CMC) by an altcoin does make it a good investment.

Omega Weapon

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Quote from: jarhed on December 27, 2019, 07:06:54 AM

Now is a good time to invest in alts, because alts are now cheap, they are almost at the bottom and soon 2020, which should bring the growth of alts.

The price of altcoins are low on average on that you are right but that doesn't mean that it is a good opportunity to buy altcoins, altcoins have been going down in value for years and most of them have disappeared during that time period and most likely the price of bitcoin will go down during the next months and that is also a clear sign the price of most altcoins will begin to go down so if you really want to invest in altcoins it is better to wait for an even better opportunity.

Pelunize12

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Buying BTC is a good choice in this bearish market. it is suitable if you wanna hold for long term
but if you just short term trading, it is not good for buying BTC

short term is suitable for altcoin which has high volality. You can get more profit if you understand enough about TA and FA
if not, then dont use high capital or you will lose so much. keeping to learn is the key

Bezobraznike

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Quote from: JahriMeayer on December 31, 2019, 01:08:05 PM

if you buy altcoin for the long term, starting now buy altcoin gradually because in 2020 bitcoin will halving this could make altcoin prices rise but if you are trading in the short term now is not the right time to buy altcoin because most altcoins are still in bearish trend

I'm buying gradually, it's how I grow my Bitcoins and alt-coins. It's the good way to invest in long-term, for many of us
who are not rich it's the only way. Many people don't understand that advantage of investing in crypto-currencies is
exactly that, nobody needs to take 10000$ and invest them in crypto-currencies, many people don't have that amount of
money, but little by little every month and one day you will have some significant investment in crypto-currencies.

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if you buy altcoin for the long term, starting now buy altcoin gradually because in 2020 bitcoin will halving this could make altcoin prices rise but if you are trading in the short term now is not the right time to buy altcoin because most altcoins are still in bearish trend

jarhed

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Quote from: WannaCry on December 30, 2019, 12:20:03 PM

there is a bit risk in buying altcoins at the moment.. the market is still declining.. so i think this is not the right time to buy alts

The market is very slowly declining, and it is unlikely that it will decline much, the coins are already too cheap, I think we should not panic, but it is better to invest in promising coins now.

WannaCry

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there is a bit risk in buying altcoins at the moment.. the market is still declining.. so i think this is not the right time to buy alts

Bonenx14

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Quote from: Hamstead on December 30, 2019, 05:49:40 AM

Quote from: khiholangkang on December 29, 2019, 09:12:45 PM

It will be the right time if you choose the right altcoin to buy, because out there a lot of altcoin that might harm you
I would advise you to play with altcoin, which already has a big name

Exactly, we don't just look into the price but have to consider most about its market volume. Altcoins that have a huge market volume will often get a chance of soaring high when the market recovers. Considering that there are a lot of potential altcoins in the market, we must be keen enough to look for the best.

if you make a purchase then you must also look at many factors which certainly must be considered first before investing. if you look at the price alone maybe we will continue to carry the market flow, so I think that doing research in every important factor is one of the success of investing

Hamstead

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Quote from: khiholangkang on December 29, 2019, 09:12:45 PM

It will be the right time if you choose the right altcoin to buy, because out there a lot of altcoin that might harm you
I would advise you to play with altcoin, which already has a big name

Exactly, we don't just look into the price but have to consider most about its market volume. Altcoins that have a huge market volume will often get a chance of soaring high when the market recovers. Considering that there are a lot of potential altcoins in the market, we must be keen enough to look for the best.

DosManos

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its the right time to buy altcoins to make profits, but not in short term..
mid - long term for sure
in short term it could go more down from here
but mostly all the major altcoins are in good position to buy now judging by the charts

khiholangkang

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It will be the right time if you choose the right altcoin to buy, because out there a lot of altcoin that might harm you
I would advise you to play with altcoin, which already has a big name

FairUser

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Quote from: kissaNN on December 29, 2019, 05:35:14 AM

Some altcoins have grown well by the New Year. Look at the Waves project, doubled in December. It seems to me that 2020 is waiting for us in which altcoins will dominate the market, I really want it to be so Wink

Until now, bitcoin is dominating the market with 68.5% and it will certainly increase in 2020 if halving helps BTC to increase prices. I do not see any future for altcoin, certainly the price of altcoin will be in crisis and continuously going down in 2020. Do not invest in altcoins at this time because in 2020 altcoins will create a new bottom

kissaNN

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Some altcoins have grown well by the New Year. Look at the Waves project, doubled in December. It seems to me that 2020 is waiting for us in which altcoins will dominate the market, I really want it to be so Wink

Pelunize12

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Quote from: jarhed on December 28, 2019, 08:02:45 AM

Quote from: patz22 on December 28, 2019, 07:48:34 AM

Everyday is a good day for you to buy any coins or tokens but it is more of the timing, what coin to purchase? How long are going to hold? Is it for long or short tern? There are factors that you need to consider and again, it is up to you which is which. Make your own decision since it is your money.

Regardless of the factors of choice, now is a really good time to get your money and invest in various coins, because now the market is almost at the bottom and is unlikely to fall heavily, and after a fall always comes the growth.

yes in this time most coins is very cheap, But it doesnt mean altcoin cant go lower
altcoin is very possible to go lower, the bottom is zero

I think the best time to buy when altcoin shows its bull, such as confirmation
so, we dont need waiting too long and not get #rekt

Topic: Is now the right time to buy altcoin? - page 4. (Read 2958 times)