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Topic: Is this Right Time to buy Some ALT coins? - page 12. (Read 2721 times)

copper member
Activity: 658
Merit: 402
February 01, 2020, 11:59:13 AM
#7
You are definitely right OP, we should only focus on the coin  that has a good name or even have good value or volume on the market. The top-performing cryptocurrencies is always the best option if you're going to invest your funds and it is the safest way to have secure profit. Then, even if it is always being advised by other member here, you should make sure that you have already conducted your own research about the certain coin so you can determined if the investment is worth it to invest. As of now, the current state of market is now recovering that's why it's the best time to buy more altcoin. Besides, I highly recommend to buy BNB, XRP, ETH and LTC.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
January 31, 2020, 10:04:42 PM
#6
Obviously its not. Why? The trend now is uphill and you dont want to buy when the price keeps increasing. The case is read the charts and see where the price could go. If you only based your reasoning with fundamental such as fud and shill then youre not going anywhere. Price is very volatile and you must understand on how to ride with it.

Those coins youve mentioned are worth investing but id you buy now. You should be a long term holder if your planning to sell it on a high price cause price could go down in a day, week, or month.
sr. member
Activity: 1260
Merit: 251
January 31, 2020, 09:29:28 PM
#5
The market does not always fall, there is a time when the market will recover, if we do not prepare and cannot see opportunities, then we will lose profits when the market recovers or is bullish later. Now I have assets as you said (except xrp), old coins are always interesting and worth holding, prepare your assets for the target in 2020 - 2021 later.
full member
Activity: 1736
Merit: 121
January 31, 2020, 04:37:50 PM
#4
Surely an approximate time for altcoins with prospect but not shitcoins. Shitcoins don't have approximate time because they are merely pump for dump purpose.
Therefore, altcoins like litecoin is likely to be a good buy now. It is yet to make a huge move and nothing will stop that from happening as soon as bitcoin is good to bull.
legendary
Activity: 2226
Merit: 1086
duelbits.com
January 31, 2020, 04:41:37 PM
#4
It is true that right now we are hard to believe in altcoins since most of them have not really good performance. But trust me that two altcoins (ETH and XRP) are always good to invest. These coins commonly follow the trends in Bitcoin. So, if this year or in 2021, the Bitcoin will have a great season, I am pretty sure that ETH & XRP will probably have a good season as well.
member
Activity: 798
Merit: 38
January 31, 2020, 04:34:40 PM
#3
@fib1012, you gave good advice. Almost everyone is aware of this, but you know, the common problem with lots of investors, most especially retail investors is lack of patience. If you are going to invest in altcoins, irrespective of how much it has plunged or how high its position is in the market, if you lack patience, you might end up losing.
Imagine when the market was bleeding and almost all altcoins, including BTC, had seriously gone downtrend, some of those who invested when their prices were high, I am sure would have sold at loss, which is a plus to whales and astute investors.
If we, therefore, can be patient to see the market mature again, it will definitely be a gainful investment. Although, you also have to be conscious of greed.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
January 31, 2020, 04:19:05 PM
#2
Right now is not a worst time for altcoins because they are recovering now unlike last year. Well, for me the best time to buy good altcoins is during the downtrend because its pretty cheap. Like ETH before around $120 and below, if you able to bought on that level then you already have a decent profit. Buy when there’s a fear in the market but I agree that you should not fall into shitcoins. The top altcoins can survive the downtrend, its proven so don’t panic and buy if you’re ready.
newbie
Activity: 24
Merit: 1
January 31, 2020, 03:52:47 PM
#1
As we all know that this is one of worst time for all ALT coins including here are some Strong coins also facing this badly downtrend because of Bitcoin's unstablity and market fear. So, this is not by any meant that this down trend will never be revese and ALT coins will be recover.

Here is majority in crypto market are hopless and loss interest to trade anymore because of this boring situation, But i think Whales and other intellegent investor always looking for these kind of situation. So here in this situation if you are looking for grab some potential ALT coins i sugest you to don't be confused  and grab your favorit coins i am also looking some worthious coins.

I will recemend you to buy only coins with good name in market and avoid shit coins, TRX, XRP, NEO, ETH, LTC, XMR are some projects with Trusted team and comunity in backup. Hope you will consider my advice.
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