Topic: Still a good time to invest or not - page 4. (Read 1255 times)
Many of the friends I have talked with always say that it is not too late to invest. Well I do have some doubts on that since Bitcoin is becoming very expensive to buy. Even my friends I cannot give them sound advise about investing anymore since the price is now high. I would say try the altcoins like Ethereum or Cardano but of course, these are second rate compared to Bitcoin. But if you want to deal with very cheap coins then try going to Binance and try the cheap ones there.
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
I think now is still the right time to invest in cryptocurrency, because I believe the price of cryptocurrency will continue to increase and create a new ATH prices again, so don't lose the opportunity to get a lot of profit from investing in cryptocurrency at this time and I recommend you to invest in Ethereum, because I believe the price of Ethereum will continue to increase very high and create a new ATH price (Ethereum price is at least $ 2500 this year).
I think There is never an awful time in venture on Cryptocurrencies however you may be unlucky,if you contribute now it's very risky.you need to stand by some times,some projects exploit the turn of events and refreshing of their foundation when the market is good.we don't have the foggiest idea when the market will come down,.I figure it will proceed with like this for March and we can see the bull developments again towards the mid year.
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
To choose an investment or not depends on your beliefs. Currently the price of botcoins and altcoins is high. Therefore, to invest requires courage and readiness to lose capital. Because we do not know if the price will continue to rise or directly fall.
Better to do your own research and find the long-term gem altcoin in order to invest. The huge difference between old-established and new projects can be essential for investors to make a profit during bull markets. The current market circumstances are not good to invest in after the prices have soared more than triple of the old value.
The best time to invest is to wait until prices drop. We recently saw a decline in the value of all cryptocurrencies. That's when it was necessary to buy. Now prices have gone up and buying for example Top-10 will be an irrational investment of money.
Only constant monitoring of all market movements can clarify the planning of cryptocurrency investments. Buying coins at the wrong moment can turn into an annoying loss not only of the expected income, but also of the money invested.
It is a blatantly obvious fact that, many traders have take a lot of profit from market with luck investments years ago. Not all crypto traders have made a super analysis and made a bank with an altcoins portfolio. For getting passive income, it is still preferable compared to traditional spot markets but risks are still higher than mentioned kind of alternatives.
You said that crypto market has recovered and you are correct that Yesterday bitcoin price was too good but now market again has crushed and bitcoin price has down. You need to wait, Don't buy or invest on this time.
The best time to invest is to wait until prices drop. We recently saw a decline in the value of all cryptocurrencies. That's when it was necessary to buy. Now prices have gone up and buying for example Top-10 will be an irrational investment of money.
Only constant monitoring of all market movements can clarify the planning of cryptocurrency investments. Buying coins at the wrong moment can turn into an annoying loss not only of the expected income, but also of the money invested.
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
Maybe these altcoins wasn't managed by developers, unfortunately they lost support from their communities as well. If there's potential bullish market of altcoins, I think that's only way for them to be back on previous track then we will see what's their next plans for dead project who slept for years.
You said that crypto market has recovered and you are correct that Yesterday bitcoin price was too good but now market again has crushed and bitcoin price has down. You need to wait, Don't buy or invest on this time.
The best time to invest is to wait until prices drop. We recently saw a decline in the value of all cryptocurrencies. That's when it was necessary to buy. Now prices have gone up and buying for example Top-10 will be an irrational investment of money.
Only constant monitoring of all market movements can clarify the planning of cryptocurrency investments. Buying coins at the wrong moment can turn into an annoying loss not only of the expected income, but also of the money invested.
well, I just want to say that take what you can achieve at this time. To be honest, I'm currently waiting for Ethereum prices to become less expensive. However, at the moment the price is continuing to rise and it looks like, if this trend continues, I think ethereum prices could return to $ 2k. whether good or not it depends on what coin you choose. However, I also don't really understand whether this is the right character or not, because nowadays it's quite easy to see prices drop. even a $ 100 deduction would be a burden to mind.
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
For Bitcoins maybe it is a good time to buy some but I cannot say the same for altcoins because suddenly they start dropping and there is not much happening in other markets. At least with Bitcoins we can hold for few more months and know the price will only get bigger, which isn't always the case with altcoins specially Ethereum which has been getting a lot of hate from users for the high transaction fees and slow confirmations recently.who knows, when America gets 1.9 trillion in support stock prices will go up again...
Oh yes; good point but I don't know if it will impact the crypto market by much.In crypto you may miss opportunities if you wait too much to find suitable time to invest this is what I have observed so far but it's not mean that I recommend someone to invest blindly understanding the market trend is very important on both technical and fundamental basis after that we should made our decision of investing.
And if one wants to still blindly buy a coin, then I would say it must be Bitcoin above any other altcoin right now. There are some kind of problems with almost all altcoins at some point, and that doesn't mean they are worthless but their price can drop at any moment and when the recovery happens, only God knows. Like if the dogecoin market starts to drop, I would be sweating if I am holding them. That kind of sentiment is there for other altcoins as well.
Now it is really very difficult to figure out when is the best moment to invest. The market situation changes literally within a few days. To benefit, you need to spend all the time tracking the positions of the coins. I think that taking risks with unpromising projects is not worth it now. You need to pay attention to top coins that show stable growth (I like BNB). Although, as experience shows, none of us is immune from an unfortunate failure.
Today price of BTC and almost another alts drop again and i think this is the best time for us to buy more. up again.
The day for the correction already passed and stabilization is on the way. This gonna be the best chance to invest in crypto. The crypto can go back again to the moon anytime. The bullish trend is not yet gone and with the big news and it will be going to the moon again. I know that the community is waiting for another good news to create hype and people can try to take this chance as an opportunity to buy more and more coins. I guess those who sold at peak price already entered the market again.
You said that crypto market has recovered and you are correct that Yesterday bitcoin price was too good but now market again has crushed and bitcoin price has down. You need to wait, Don't buy or invest on this time.
There are always opportunities to make money. BTC and some top altcoins can be chosen, they have more potential than other cryptocurrencies. That is right BTC has gone down, and maybe we need to wait for the right time about investing. However, l think there are always some good projects, which from we can make money in the future. Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
If you asked that question during the correction and followed the suggestion that you should invest, then you are in profit today. Whatever it is today, think of how much you afford to lose and how much you can potentially make with your money. Does it still matter if it's bull or bear trap if everyone is still bullish and there's no way to know when this bull run will end? Do yourself a favor by investing before its too late.
Yes, about knowing when is the time to invest is always you. You have the power onto your own money and you should invest if you wish to invest and if you think that it's the time.
You said that crypto market has recovered and you are correct that Yesterday bitcoin price was too good but now market again has crushed and bitcoin price has down. You need to wait, Don't buy or invest on this time.
i guess the price to rise back again in two weeks and reach of level as similar with one as 21 february that investors might have different technical analytics to gives support on decision as preparing trade to work with the order by the market.
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
Price goes up and price goes down, there is really nothing that changes the answer because the answer is always; invest. If the price is at 5k, you invest, if the price is 100k you still invest there is really no price you stop investing.The only time any person could actually end up with selling would be when they reach their retirement amount of money so that they could sell and get out and just have fun with life after that, but until that moment you do not just hold, you keep buying as much as you can and just keep doing that over and over again.
By the looks of it bitcoin dropped a lot for a while and everyone become super happy about it, that is shocking, normally you do not expect people to actually be happy when the price went down but this time they were happy because not that many people believed it would go down more so the lower price meant that it would be discount for them to buy right now and that makes them so happy about it as well, it is basically just proof that people do not care when price falls anymore, they buy anyway to sell later when it goes up, hence why it doesn't crash much anymore as well.
I would set a goal of saving $50 every other week (or some value/timeframe that suits) and buy all year 'round - true you'll buy during highs, but you'll also strike the occasional lows. Even if the price plummets transfer the purchased bitcoins to a paper wall and wait a year or two (or longer).
You could also divvy up the purchased amounts into short/medium/long term HODLing's. e.g. 1 year/3 years/10+ years even if it's $30 broken into $10 chunks, the end reward will be worth it. BTCBTCBTC
You could also divvy up the purchased amounts into short/medium/long term HODLing's. e.g. 1 year/3 years/10+ years even if it's $30 broken into $10 chunks, the end reward will be worth it. BTCBTCBTC
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
yes. now bitcoin price very dump. think running correction .all altcoin now very dump. it,s good time to invest please don,t wait and panic just buy bitcoin and some altcoin .in few day bitcoin will be come back. fist select which currency you invest .i advice you invest for kcs altcoin. ksc anytime will be boom.
At the current price, if we are interested in investing, in my opinion, it is not quite right. the price of the altcoin is experiencing a fantastic increase. if we take the position now what I fear is that there will be a decline in the market.
The price that goes down is reasonable, in trading the price that goes down after going up is called a correction, and in my opinion, correction is nothing to worry about, as long as you understand the market trend in general.You only need to look at the market conditions on a big TF, a small TF will only bother you if you are a long term investor.
And in my opinion, now is still a good time to buy, because the potential for the future is very high, so whatever the price today is not a problem.
Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
Well, if you follow the market regularly then you can make some profits. A few days ago, the price of bitcoin dropped around 44k, so you have to wait for that moment. When the price drops sharply, just buy, but don't put a lot of money. Just invest as much money as you can afford to lose.
Its always better to invest on dips rather on highs. So, yes, not is good time for that. If you know that to buy, for sure
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