Time to reinvest into Altcoins? - page 6.

Natalim

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Quote from: iv4n on February 08, 2022, 03:57:42 PM

The headline is pretty confusing for me, what does "reinvesting into alts" exactly mean here?! You sold and now you are thinking to buy again? If that is the case, you know where you made your profits and you should try the same again with the coins that were most profitable!
I mean, everyone should have some goals, what do you wish to have more, dollars or crypto? What are you stashing on a side?! There are too many factors we should look when it comes to trading and investing, so it's hard to give any specific answers! I have had some alts on hold for a long time, of course, last year I sold many of them, I bought some new ones, it's crypto and I am trying my luck with the things I know, I guess we are all doing something similar!

Indeed, we do buy and sell. That is a genuine strategy we used in many years and to question the right to invest in Altcoins? Well, I'm not sure how OP forgets to buy in DIP and sell HIGH. That probably he is doubts now after all and he thinks for a trap regardless of how many corrections and pumps have been happening before. When in fact, if that will be a trap, then we all have to fall into it, I mean those who invest now. But surely it was not, it was just a trap for those who miss this...

Vaculin

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Winding down.

Quote from: QueenVera on February 08, 2022, 03:44:54 PM

Quote from: Pejoh Asu on February 08, 2022, 02:02:19 AM

No doubt to reinvest because the market looks promising in February, I hope the bad trend from December and January does not happen again so we can get a big profit. And now everything starts to look real because the market continues to grow and today has risen more than 8%.

The market is changing, February is always know to be a bullish months but this month started with a bear signal although things are beginning to get into shape as we have seen some signals of a bullish Market upfront. What we should be worried about is the next month coming. In the past it has been the worst months as many has lost so much in this time due to market correction. Taking profit as the next bullish market comes is the safest option and wait for the market to correct before rebuying.

I think we are not yet over with this bearish season as the recovery of the market has just started so it has bigger chances that the market cannot sustain it and we will experience another correction again. And once there is correction, it will open doors for good opportunities to start investing. However, i also don't see wrong moves investing in altcoins right now as long as we are buying those coins with great potentials. The market is very dynamic and we all know that, but having those good altcoins in our portfolio is a good proof that we should not be worry about when the market starts to become a roller coaster again.

iv4n

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The headline is pretty confusing for me, what does "reinvesting into alts" exactly mean here?! You sold and now you are thinking to buy again? If that is the case, you know where you made your profits and you should try the same again with the coins that were most profitable!
I mean, everyone should have some goals, what do you wish to have more, dollars or crypto? What are you stashing on a side?! There are too many factors we should look when it comes to trading and investing, so it's hard to give any specific answers! I have had some alts on hold for a long time, of course, last year I sold many of them, I bought some new ones, it's crypto and I am trying my luck with the things I know, I guess we are all doing something similar!

QueenVera

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Quote from: Pejoh Asu on February 08, 2022, 02:02:19 AM

No doubt to reinvest because the market looks promising in February, I hope the bad trend from December and January does not happen again so we can get a big profit. And now everything starts to look real because the market continues to grow and today has risen more than 8%.

The market is changing, February is always know to be a bullish months but this month started with a bear signal although things are beginning to get into shape as we have seen some signals of a bullish Market upfront. What we should be worried about is the next month coming. In the past it has been the worst months as many has lost so much in this time due to market correction. Taking profit as the next bullish market comes is the safest option and wait for the market to correct before rebuying.

Finestream

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Quote from: Hypnosis00 on February 08, 2022, 09:37:08 AM

Quote from: indo1 on February 08, 2022, 09:16:52 AM

I don't think we need to be afraid, if you have enough analytical knowledge, such as important indicators, the bull trap is not a problem, you can still earn at least 10% more in conditions like this. Several channels confirmed that bitcoin broke through resistance one. But it is not certain that the bear market is over.

I don't care if that is a trap coz I believe that investing in the right altcoins is meant to have a good ending story. In fact, we did this in the past years and we become profitable that is why we have no reason to neglect this opportunity, we'd rather take it the same thing we did before.

To see the market trend right now, we could see such a brighter look in the market days from today. Might not be a perfect time to restart but at least we decided to take the risk again.

If there's a bull trap waiting ahead, i guess no one can avoid from it. There are still chances that it will happen again but we can't be in losses that time because we are buying now for long term hodling. And the fact that we are buying the most popular altcoins and the established ones, then even if their prices suddenly fall, they will always recuperate again. Altcoins are like bitcoin, we need to be brave enough to invest in it because it is only from taking the risk where we can attain huge profits unexpectedly.

Hypnosis00

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Quote from: indo1 on February 08, 2022, 09:16:52 AM

I don't think we need to be afraid, if you have enough analytical knowledge, such as important indicators, the bull trap is not a problem, you can still earn at least 10% more in conditions like this. Several channels confirmed that bitcoin broke through resistance one. But it is not certain that the bear market is over.

I don't care if that is a trap coz I believe that investing in the right altcoins is meant to have a good ending story. In fact, we did this in the past years and we become profitable that is why we have no reason to neglect this opportunity, we'd rather take it the same thing we did before.

To see the market trend right now, we could see such a brighter look in the market days from today. Might not be a perfect time to restart but at least we decided to take the risk again.

indo1

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I don't think we need to be afraid, if you have enough analytical knowledge, such as important indicators, the bull trap is not a problem, you can still earn at least 10% more in conditions like this. Several channels confirmed that bitcoin broke through resistance one. But it is not certain that the bear market is over.

lalabotax

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Quote from: Dr.Osh on February 07, 2022, 10:55:15 PM

I think, it is never too late in this matter. we know that the bitcoin price has been recovering until it hit $44k. however, this price is likely to continue rising until it reaches a high price.

A high price? What price do you refer to? $60k? No one can guarantee BTC can reach $60k again.
Anyway, every time there is a big increase, it must be followed by a big decrease as well. We do not know how far the price of Bitcoin will increase before returning to the downward phase. So, be careful that we don't buy at a high rate before the price decreases and hard to recover. Today, Bitcoin price hits $45k, now it is dropping to $44k. I am afraid the Bitcoin price will drop again around $40k and then retest to $35k again. If it happens, most altcoin prices probably decrease much again.

bakasabo

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My suggestion is to keep on holding. Current price growth can be a fake market turn. At least give market a week and see if the prices managed to keep on the same level or fall back. I am seeing this picture since December 2021, one week we are falling, the other recovering. Reinvesting in altcoins during such period wont give much. Those who wanted to reinvest, should have done it weeks ago, when all alts were 20-30% cheaper. Right now you can barely get a 10% profit with alts growth. And prefer to get this growth through Bitcoin, as it shows more stability.

Kasabus

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Quote from: Pejoh Asu on February 08, 2022, 02:02:19 AM

No doubt to reinvest because the market looks promising in February, I hope the bad trend from December and January does not happen again so we can get a big profit. And now everything starts to look real because the market continues to grow and today has risen more than 8%.

We are not totally sure if the current prices will continue to move up, so let's not close doors for another correction that will pull down the price again. However, the bad trend that you've mentioned from december to january are the best moments to enter into crypto since the crypto coins are in dips so we should still be grateful for it. We will not be in profits right now if we did not bought some potential coins in the previous correction. But still, i am looking forward to invest more in altcoins today as the market looks stable now. In fact, i have here list of potential altcoins you might want to consider investing. Check it out: https://economictimes.indiatimes.com/industry/banking/finance/10-best-altcoins-to-invest-in-2022/articleshow/89349596.cms

QueenVera

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Quote from: kentrolla on February 05, 2022, 04:27:43 PM

But my only worry is what if it's one more bulltrap.

I have been doing some research and I read $33,000 was the bottom of Bitcoin as that is where many institutional investors got in buying Bitcoin. This is why the recent spikes came about because Bitcoin reached its bottom. Retail investors have been waiting for Bitcoin to break gat bottom but it seems like it was not happening. We know all this are speculation by sometime the market react based on information like this so I do not think this was a bill trap.

Altcoins are beginning to spike as well and it seems the whole cryptocurrency market is beginning to regain some lost. For some time now we now have over a two-trillion dollars market capitalization. The market might be recovering slowly, we just have to watch.

Pejoh Asu

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No doubt to reinvest because the market looks promising in February, I hope the bad trend from December and January does not happen again so we can get a big profit. And now everything starts to look real because the market continues to grow and today has risen more than 8%.

FanEagle

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Quote from: molsewid on February 07, 2022, 09:48:43 AM

Quote from: ?? on ??

The market continues to grow and this is a positive sign that a bull run is imminent, reinvesting again is the right decision, and this makes me happy because many of my assets have returned to normal, I hope April can skyrocket again like 2021 so we have to hurry buy from now.

Yeah it is and I hope that a green candle all over will continue and finally cryptocurrencies like altcoins recovered finally from a recent market price correction. This time is a good sign that would going to give a positive hope to every altcoin hodlers who used to invest in altcoins and yes definitely this is also a good time to reinvest. But of course, still be careful which one would you like to reinvest and still perform your own research about it.

If the green candle hits all of it at the same time, then we are in a good luck and that period is usually called a bull run and being in a bull run is a blissful feeling. I can't say if it will be like that right now, but I can say that it is looking like there is a good chance we could have that sometime soon. I just hope that people who see it going up wouldn't end up selling and taking their profits out.

There have been a lot of people who sold as soon as they saw profits before, and same type of people may end up doing it again. There is no guarantee if we will go to 50k or if we will go back to 30k levels, which makes this period a bit more scary for most people.

Dr.Osh

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Quote from: lalabotax on February 07, 2022, 06:59:18 PM

You are too late if you want to reinvest in altcoins, you should buy it when the BTC price dropped below $35k. Today, BTC price is already above $44k and may decrease again below $40k in the near future. I suggest not hurry to buy altcoins this time since there is a chance to drop again after increasing several days. You can think to reinvest again in altcoins when BTC price dropped again to the dip, maybe around $30k.

well, maybe if we look at it in terms of discounts, it's a little late. however, I think, it is never too late in this matter. we know that the bitcoin price has been recovering until it hit $44k. however, this price is likely to continue rising until it reaches a high price. if you want to invest in altcoins, now is still the right time. I also still have a goal to collect BNB to this day. well, I believe the price will be even higher.

hd49728

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Quote from: KaliLinux on February 07, 2022, 06:38:45 AM

As the saying goes, "Be fearful when others are greedy and be greedy when others are fearful" I however understand why you would want to be fearful whether the market might go down some more but for me when you think of INVESTMENT for a longer time, I believe that now is a good time to invest as long as you are choosing the right projects, BNB along with some are my long time Alts investments.

It is easier to say than to actually do it. I am sure that exclusively gamblers, if anyone actually consider their activities are investments and spend a bit of time to read books, online resources about investment, they would know about that principle and advice.

However, not all of them or more precisely, most of them can not do it. They are more attractive to arbitrarily decisions and bets with dream to get rich. Because they disobey the gold principle and consequently join the crowd, they will lose money. Because the market is not for all and in which there are winners and losers. Unfortunately, most of participants are losers, perhaps 80% of them are losers. 20% of them are winners and own most asset in the market.

lalabotax

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You are too late if you want to reinvest in altcoins, you should buy it when the BTC price dropped below $35k. Today, BTC price is already above $44k and may decrease again below $40k in the near future. I suggest not hurry to buy altcoins this time since there is a chance to drop again after increasing several days. You can think to reinvest again in altcoins when BTC price dropped again to the dip, maybe around $30k.

Kelvinid

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Quote from: bitgov on February 07, 2022, 06:13:34 PM

Quote from: Doell on February 07, 2022, 06:08:52 PM

when prices have improved it's time for people to re-invest and when that happens the stock price will rise and strengthen the market wall ! I always suspected this was a bulltrap too but my suspicions were broken by expert analysis which stated February was the beginning of a bullrun ,ethereum that rise faster than the rest when bitcoin fall

Experts have been wrong many times. Nobody is 100% sure what will actually happen. At the moment the situation looks as if it is the beginning of a bull run, but at any moment the prices could start diving again. Of course, I would prefer to see green in the charts, but we cannot yet say for sure that this is the end of the correction.

It is still confusing what gonna happen next but we give trust to the project that we invest in, that is why we are here. I'm not going to say this will be the perfect time to invest but I think, it was a good time then to restart.

We'd see the market is likely going full of green now, I think we have done with the correction already. As this comes back and market recovery, we even think about Bullrun again. How I wish that too but yeah, we can't assure and still, we need to be wise enough in choosing coins to invest as might we fall into the trap.

btc_angela

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Quote from: bitgov on February 07, 2022, 06:13:34 PM

Quote from: Doell on February 07, 2022, 06:08:52 PM

when prices have improved it's time for people to re-invest and when that happens the stock price will rise and strengthen the market wall ! I always suspected this was a bulltrap too but my suspicions were broken by expert analysis which stated February was the beginning of a bullrun ,ethereum that rise faster than the rest when bitcoin fall

Experts have been wrong many times. Nobody is 100% sure what will actually happen. At the moment the situation looks as if it is the beginning of a bull run, but at any moment the prices could start diving again. Of course, I would prefer to see green in the charts, but we cannot yet say for sure that this is the end of the correction.

Yeah, there are no so called experts here because the market is unpredictable. Last year they said that $100k will be breached. But the price didn't end very well for bitcoin and the rest of the market.

So just be cautious of those people from social media who predicted a massive increased in price. Just learn how to do TA and see it for your self. At least you learn something new, just the basics will be enough to survived ourselves in this market.

bitgov

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Quote from: Doell on February 07, 2022, 06:08:52 PM

when prices have improved it's time for people to re-invest and when that happens the stock price will rise and strengthen the market wall ! I always suspected this was a bulltrap too but my suspicions were broken by expert analysis which stated February was the beginning of a bullrun ,ethereum that rise faster than the rest when bitcoin fall

Experts have been wrong many times. Nobody is 100% sure what will actually happen. At the moment the situation looks as if it is the beginning of a bull run, but at any moment the prices could start diving again. Of course, I would prefer to see green in the charts, but we cannot yet say for sure that this is the end of the correction.

Doell

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when prices have improved it's time for people to re-invest and when that happens the stock price will rise and strengthen the market wall ! I always suspected this was a bulltrap too but my suspicions were broken by expert analysis which stated February was the beginning of a bullrun ,ethereum that rise faster than the rest when bitcoin fall

Topic: Time to reinvest into Altcoins? - page 6. (Read 1375 times)