Time to collect altcoins now or later? - page 6.

goaldigger

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Quote from: Samurai trieng on September 13, 2023, 01:57:28 PM

In my opinion, now is a very good opportunity to collect altcoins to invest, because currently the crypto market is still experiencing bearishness, but you should choose altcoins that are in the top 10 of the crypto market to invest, because altcoins that are in the top 10 have great potential to provide profits in the future.

There’s still risk but if you will compare it to other projects, I’ll also choose the top coins.
The market looks like rising already, so better to start buying now before it totally pumps. Don’t listen to those fuds about the market, we can never tell if Bitcoin will still go below $20k. Invest wisely, DCA is a good option if you are still doubt about the market trend, this can help you get more holdings.

mindrust

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Quote from: Justin999 on August 17, 2023, 05:58:55 PM

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict! And I'll go with the most predicted result

Alts and which alts? There are thousands of them. Why don't you just buy BTC? If you are insisting on hoarding alts at least go with the reputable ones like LTC, ETH, XMR, DOGE etc. There are probably other good alts too but I am not an altcoin expert. If you want to buy the absolute shitcoins just because they are cheap now, remember; they can always go even cheaper. Lots of noobs bought them shitcoins for that same reason and most of them lost their initial investment. If you tell us which alt is in your mind and then maybe we can help you.

Silberman

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Quote from: WatChe on September 12, 2023, 02:27:18 AM

Quote from: Silberman on September 12, 2023, 01:27:07 AM

It is true the accumulation process should have started already or at least it should start now for anyone thinking about taking advantage of the upcoming bull run, but very rarely the people that join this market think this way, they do not want to take a long term approach to this market, and if that is the case we cannot really force them to change their posture, it is just that the methods they employ, like investing in low cap coins and hoping for the best, are not necessarily the most appropriate when it comes to achieving the success they want to reach for themselves.

The main reason why many people invest in low value coins is to become rich by investing few USD. There are coins that have value like 0.0000001 and they still attract lots of capital just because people can get lots of such coins in one USD. There are not many such coins that have taken off till date and usually they go wasted along with your capital. If you are thinking of investing in alts then make sure you choose top one listed on CMC.

It is true that altcoins with a low market cap are attracting a lot of people because those people think that if they make a small investment in those coins then the returns they can make can be very high, and while they are not mistaken as we have seen many of those coins skyrocketing over the years, they are overestimating the chances this will happen while they are invested in those coins, as it is way more common for those coins to collapse and disappear out of nowhere than the positive scenario they picture on their minds.

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Quote from: Samurai trieng on September 13, 2023, 01:57:28 PM

In my opinion, now is a very good opportunity to collect altcoins to invest, because currently the crypto market is still experiencing bearishness, but you should choose altcoins that are in the top 10 of the crypto market to invest

You're right and I agree. The market still seems to be bearish at all and once bitcoin is back to $30k and it goes continuously with that price upwards, we'll see the reaction of many altcoins that they'll be up as well.

Although it's a good strategy to choose the top 10 but, you'll never know if some of them will be there.

Quote from: Samurai trieng on September 13, 2023, 01:57:28 PM

because altcoins that are in the top 10 have great potential to provide profits in the future.

They do but it is also being replaced every cycle except Bitcoin.

Samurai trieng

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In my opinion, now is a very good opportunity to collect altcoins to invest, because currently the crypto market is still experiencing bearishness, but you should choose altcoins that are in the top 10 of the crypto market to invest, because altcoins that are in the top 10 have great potential to provide profits in the future.

WatChe

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Quote from: Silberman on September 12, 2023, 01:27:07 AM

It is true the accumulation process should have started already or at least it should start now for anyone thinking about taking advantage of the upcoming bull run, but very rarely the people that join this market think this way, they do not want to take a long term approach to this market, and if that is the case we cannot really force them to change their posture, it is just that the methods they employ, like investing in low cap coins and hoping for the best, are not necessarily the most appropriate when it comes to achieving the success they want to reach for themselves.

The main reason why many people invest in low value coins is to become rich by investing few USD. There are coins that have value like 0.0000001 and they still attract lots of capital just because people can get lots of such coins in one USD. There are not many such coins that have taken off till date and usually they go wasted along with your capital. If you are thinking of investing in alts then make sure you choose top one listed on CMC.

Silberman

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Quote from: RussianEnglishTranslation on September 11, 2023, 01:50:31 AM

Quote from: Justin999 on August 17, 2023, 05:58:55 PM

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict! And I'll go with the most predicted result

Not a financial advisor but it seems logical to buy red and sell green. We've been in a bear market the last two years already, which is the longest one ever. It can't last forever. Another option would be to accumulate airdrops and bounties. Zealy dot io has a lot of bounty campaigns, including some from Mantle, Lamina1, and Q Blockchain. Q also has a saving and borrowing DeFi campaign with 333k tokens up for grabs and a 9999.99% APY.

It is true the accumulation process should have started already or at least it should start now for anyone thinking about taking advantage of the upcoming bull run, but very rarely the people that join this market think this way, they do not want to take a long term approach to this market, and if that is the case we cannot really force them to change their posture, it is just that the methods they employ, like investing in low cap coins and hoping for the best, are not necessarily the most appropriate when it comes to achieving the success they want to reach for themselves.

RussianEnglishTranslation

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Quote from: Justin999 on August 17, 2023, 05:58:55 PM

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict! And I'll go with the most predicted result

Not a financial advisor but it seems logical to buy red and sell green. We've been in a bear market the last two years already, which is the longest one ever. It can't last forever. Another option would be to accumulate airdrops and bounties. Zealy dot io has a lot of bounty campaigns, including some from Mantle, Lamina1, and Q Blockchain. Q also has a saving and borrowing DeFi campaign with 333k tokens up for grabs and a 9999.99% APY.

sana54210

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Quote from: Boomber on September 08, 2023, 08:36:58 AM

now is the right time to collect altcoin, because currently the market has not yet recovered, so altcoin prices are still falling and this is the right time to buy altcoin and hold until the market increases again, so don't miss the opportunity to get a big profits from buy altcoin at this time.

I do agree that when it is falling, it's the right time to collect and accumulation should be done when it is going down, not the other way around. I understand that some people may end up doing something that would not benefit anyone but that's not the point here, just because people are selling and causing it to drop, doesn't mean that we should be feeling badly about them, let them sell and drop the price, it means we can buy it cheaper thanks to them.

All those people will end up buying it when the bull run comes and the price will be maybe as high as 5-10x of this and that means we are going to profit a lot thanks to these people, I can see at least a 5x increase from this current price, we just need to pick the alts carefully.

Silberman

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Quote from: SquallLeonhart on September 08, 2023, 08:24:30 AM

It's definitely getting closer by the day without a doubt. If you could end up getting some right now that would be lovely, but if you can't, then I would assume that it could still be quite possible for people to make a profit very soon so you shouldn't be too late. You could make a profit right now, and that would be great, but if you are a little late to the part and like buy a month later that would still be fine.

I still suggest not waiting for it and just do it as much as you possibly could, like for example if there is some money getting in then it would be fine. I think it should be important to make these decisions, it will definitely be a good thing in the end and you should be putting a certain date to it.

If an investor is thinking about buying ethereum or another strong altcoin then this seems like a good moment to do it, as its price is very low and there are very low chances the price will go much lower, now if someone is thinking about buying shitcoins then this is not really the time to do so as we are still too far away from the bull run, to the point that if they did so then most likely the shitcoin in which they invested will drop to zero before it has any chance to pump.

Boomber

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now is the right time to collect altcoin, because currently the market has not yet recovered, so altcoin prices are still falling and this is the right time to buy altcoin and hold until the market increases again, so don't miss the opportunity to get a big profits from buy altcoin at this time.

SquallLeonhart

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It's definitely getting closer by the day without a doubt. If you could end up getting some right now that would be lovely, but if you can't, then I would assume that it could still be quite possible for people to make a profit very soon so you shouldn't be too late. You could make a profit right now, and that would be great, but if you are a little late to the part and like buy a month later that would still be fine.

I still suggest not waiting for it and just do it as much as you possibly could, like for example if there is some money getting in then it would be fine. I think it should be important to make these decisions, it will definitely be a good thing in the end and you should be putting a certain date to it.

Silberman

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Quote from: tygeade on September 04, 2023, 01:14:23 AM

It's really more about long term to me too, that makes more sense. If you are doing a long term investment then you should be making a good profit with it without a doubt. I think it should make more sense and we could end up with a good return when the time comes.

Obviously it is going to be tough because we are talking about something that will be all about timing and if you could do the timing very well then we are going to end up with a result that will be a lot better, but if you time it terribly then you are going to end up losing a lot of money. So, you should always be more careful about it. I think it is already time to accumulate, but I would also not be against waiting one more month and then start it.

At the end more than anything what matters the most is that people begin their journey and start to accumulate bitcoin or some good altcoins, now it is true that if you do not have a lot of fiat the road will seem to be incredibly long, but the more those people get discouraged by this and refuse to start the more difficult and the longer the road gets, but if they start now even if they can only accumulate a small amount of coins, then in just a few years they will be surprised by the amount of coins they have accumulated and the profits they can produce with them.

tygeade

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Quote from: FanEagle on August 29, 2023, 01:51:05 AM

As long as you keep collecting, when you do not doesn't really matter as much as you think. It's going to be fine and you are not going to face that much trouble. The point is to have as much of it as you can and wait with it, when you buy rarely depends because most long term investors will hold it for a long time so it will go up enough.

If you are not a long term investor then there is no need to collect, you should buy it and sell it quickly, so when we are talking about collecting that makes me think of a long term investor and no long term investor should worry about timing. Just buy it, hold it, buy some more, and keep on holding and keep repeating that until the price reaches to a higher price.

It's really more about long term to me too, that makes more sense. If you are doing a long term investment then you should be making a good profit with it without a doubt. I think it should make more sense and we could end up with a good return when the time comes.

Obviously it is going to be tough because we are talking about something that will be all about timing and if you could do the timing very well then we are going to end up with a result that will be a lot better, but if you time it terribly then you are going to end up losing a lot of money. So, you should always be more careful about it. I think it is already time to accumulate, but I would also not be against waiting one more month and then start it.

landheer

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Quote from: OrangeII on August 30, 2023, 11:36:04 PM

If you always pay attention to the market, then you might miss the moment to stock altcoins when the price has risen high. If you plan to collect the altcoins you invest in, then do so from now on. even if it's little by little, it could become a lot in the future without you realizing it. Besides that, altcoin prices are currently still affordable, especially when prices drop, it can be your chance to collect more.
Many people wait for the right moment so that sometimes they actually miss it.

in collecting altcoins, sometimes there are times when you don't dare to buy even though the price has dropped, and in the end our miss a good opportunity.

I think our also need courage to buy altcoins and collect altcoins, but the important thing is to be able to analyze technically and fundamentally before buying.

fmz89

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right time is todays for half of your money and half again later before halving, there is always crash before halving in the crypto history
it might coincidence that halving date same as fed start cutting interest which is perfect situation to start new bullrun, especially etf things seems get approval at this point

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Quote from: Justin999 on August 17, 2023, 05:58:55 PM

Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict! And I'll go with the most predicted result

Perhaps, it was not confusing but what is in your mind is that you are thinking what if the price drops more? Well, you must be aware also that drops is inevitable so never think more about it as it only affects your mindset and turns negative. If I were you, focus on your goal, and take this opportunity while the price is low. You don't need to worry about it as long as you are buying only potential coins because I was sure that it would recover someday. You will never fail as long as you are also patient.

Xxmodded

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During Bitcoin drop under $26,000 is right time for collecting altcoin as much possible, use awhile with your saving fund in the bank and buy several top altcoin exactly have lower price right now. Ethereum, BNB and XRP are promising altcoin for investing and we can't get good moment with third coins above will going drop again. I believe without need long term holding third coins above from ETH, BNB and XRP get chance up above 5% until 10% for next two or three days later.

I spent about 50% my saving to buy back ETH and 25% each half used for investing in BNB and XRP, not long term holding but my target after raising up above 10% I will sell all altcoin assets.

WatChe

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Quote from: Silberman on September 01, 2023, 01:12:36 AM

Investors are being given yet another chance to buy their favorite coins for a discount, if they do not take advantage of this now who knows for how long the window will be open and who knows if they will ever get a chance to buy at these prices again, however I really believe that those that did not took the opportunity the very first time most likely will not take it again, as they are simply too scared to invest now and risk losing money if there was a further drop.

The crypto market follow Bitcoin price. Bitcoin goes up everything is up and green making investors happy and vice verse. Bitcoin price for last ten days is moving up and down haphazardly. This also has made a negative impact on Alts and they are down too. If you are interested in Alts then it's advisable to invest always in solid Alts like Eth, BnB etc. Do invest in Bitcoins but keep your major portion of your capital in Bitcoin.

Silberman

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Quote from: kevinzxz on August 31, 2023, 11:35:09 PM

now is the right day to invest or DCA our favorite cryptocurrency, because now the cryptocurrency market is being corrected and of course we shouldn't miss this opportunity to buy cryptocurrency that we want to invest, because when the price has recovered, then of course we will immediately get a big profit from investing in cryptocurrency at this time.

Investors are being given yet another chance to buy their favorite coins for a discount, if they do not take advantage of this now who knows for how long the window will be open and who knows if they will ever get a chance to buy at these prices again, however I really believe that those that did not took the opportunity the very first time most likely will not take it again, as they are simply too scared to invest now and risk losing money if there was a further drop.

Topic: Time to collect altcoins now or later? - page 6. (Read 1432 times)