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Topic: Time to reinvest into Altcoins? - page 8. (Read 1351 times)

legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
February 06, 2022, 05:06:44 PM
#46
I'm still not confused that now is the good time to start buying altcoins, ETH is back at 3000+ which is a good thing and BTC is over 40k once again but still this haven't erase that same fact of mine that bear market isn't even here yet and the best time to buy coins is in bear market.
Regardless of what season we have at the present, but as long as we can see altcoins are still in dips, that will create a good opportunity to buy. Especially that bitcoin is starting to show signs of recovery, if this will continue after a couple of weeks, then we can say that this is not a bull trap anymore but we are hitting the road for another bull run. So altcoins will also be greatly influenced by bitcoin price surge, that makes it a good time to invest right now while their prices are still affordable. But DYOR first on the potential altcoins to invest, and invest on the amount you can afford to lose.
member
Activity: 248
Merit: 13
Futiracoin.com
February 06, 2022, 04:07:34 PM
#45
I'm still not confused that now is the good time to start buying altcoins, ETH is back at 3000+ which is a good thing and BTC is over 40k once again but still this haven't erase that same fact of mine that bear market isn't even here yet and the best time to buy coins is in bear market.
full member
Activity: 1946
Merit: 112
February 06, 2022, 03:20:59 PM
#44
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

Indeed, over the past few days, we have seen a rise in prices for both BTC and many altcoins, but is it really necessary to buy on a rise in price? I believe that a good time to buy was just those few days ago when the market decline turned to growth. Now, many cryptocurrencies have already shown a good increase in their prices, and as you rightly noted, what if the growth is again replaced by a fall and this will be a trap. Oddly enough, anything can happen in the crypto market, so now it’s hard to say what to do, but one thing is for sure, now prices for cryptocurrencies are even lower than their previous ATH, which means that for those who believe in growth, it makes sense to buy cryptocurrency now .
hero member
Activity: 1694
Merit: 691
Leading Crypto Sports Betting & Casino Platform
February 06, 2022, 03:07:49 PM
#43
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.
If it is the right time so it will be no problem to buy altcoin. I mean some coins that OP mention is a potential coin and something like dead coin have to  be last thing that we should be worry. But if only bulltrap, if we must hold longer then it is not a big problem then.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
February 06, 2022, 03:03:07 PM
#42
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

I did mention this in the earlier post. Yes Bitcoin's price is growing up in the last few days. Seems the correction is getting over. As always, Altcoins will follow back Bitcoin. Hope to see a raise in altcoins as well in few days. So invest as much as one can on the best altcoins you analyse and prefer. Yes, go for long term investment on altcoin as well. This would indeed bring in more profits like that of investing in Bitcoin and gaining profits.

That might happen so better to sort all your target project and pick the right assets to invest your money, it's hard though as you needed to really focus with the development of the project to see the potential and not to quickly invest,it can lead you losing your money if you are not careful with choosing your asset.

Make sure to analyze and assess every possible opportunity while the market is still in the pace of trying to move up..
hero member
Activity: 2520
Merit: 568
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February 06, 2022, 02:54:38 PM
#41
Some alts have already made their pump after the pump bitcoin made. But if you're worrying with such traps, this is likely the time to think about it.
Because by having that worry with the bull trap, you're not yet decided to buy. Even if there's one or none but you're decided, you will buy no matter what the situation is.

member
Activity: 69
Merit: 12
… just sitting here and buy #Bitcoin ⚡ᥧ
February 06, 2022, 02:47:24 PM
#40
a few weeks ago the prices for Altcoins were also already good and then it went down again. Now has at the current time even better purchase conditions so before, so you never know. Therefore, I always invest piece by piece, prefer some single positions on different days / weeks, but hopefully the price is going up now.
sr. member
Activity: 2366
Merit: 305
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February 06, 2022, 02:45:22 PM
#39
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

I did mention this in the earlier post. Yes Bitcoin's price is growing up in the last few days. Seems the correction is getting over. As always, Altcoins will follow back Bitcoin. Hope to see a raise in altcoins as well in few days. So invest as much as one can on the best altcoins you analyse and prefer. Yes, go for long term investment on altcoin as well. This would indeed bring in more profits like that of investing in Bitcoin and gaining profits.
hero member
Activity: 2534
Merit: 586
February 06, 2022, 02:29:18 PM
#38
That might still be a bull trap or possible a good reversal it is still a mixed signals for me but I already bought some altcoins with the 30% of my total money just in case that it was not a bull trap and if it was a bull trap at least I still have some remaining coins that I can use to buy more altcoins or possibly Bitcoin too.
We will never know but what ever happens with btc, we can care less with it as long as we have our altcoins. It was the altcoins now that are showing a real gain. I say real because it wasn't just a trap but once altcoins increase it will continue steadily. 30 percent being put to alts isn't bad but can be already a good amount because we still need to allocate more in bitcoin. No matter what we are saying with btc now, btc can still show its worth in the future.

@OP solana is, I think the only one that is doing good right now but for the other alts that you mention, their pump are already over in the past but you can still try your luck on them. They are still a good alts anyway.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
February 06, 2022, 02:21:46 PM
#37
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

Bull trap!! Cheesy
there is no such word as "Bulltrap" in the dictionary of long-term Bitcoin hodler.
Yes, it is the proper time for the short trader, But stay away from creepy coins, always choose the right coins. Better skip altcoin and invest in Bitcoin if you have enough funds, cause Bitcoin will never give you shit like altcoin. If you don't have huge money then the next choice is Ethereum then BNB then other coins. Don't get influenced by someone and buy shit meme coins to burn your investment. The only thing I always say to my friends "Buy Bitcoin before it breaks another ATH.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
February 06, 2022, 01:12:44 PM
#36
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

Too early to say it's a real bull run, because it's just a one pump which lead the bitcoin price went to more than 10%. We will see the price trends till the end of the month to make sure this is the right time to invest on altcoins or not because when it is turn out to bull trap, holding alt will get more bleed because the price drop will be more than holding btc
We aren't really sure if this small progress from bitcoin will create a bull run or a bull trap in the end, so investing right now could create bigger risk in the future. But if you have invested in those well established altcoins, even if their prices end up in dips, i think that will not be a serious problem. Those coins with great potentials will always regain their value if bitcoin creates another price surge. But still, always invest on the amount you can afford to lose.
sr. member
Activity: 1400
Merit: 259
February 06, 2022, 01:00:10 PM
#35
I like your choices. ADA, SOL, and BNB are my choices. If you were to purchase then it'd best be now, in my opinion.
There may be times in the future that we will regret we didn't do it now just like most of the Ethereum and Binance early buyers but sold it also when they saw early profits and didn't buy back.
I have my own regrets and I don't want that to happen again. I believe this had been a long and deep bear already so no doubts for me.
legendary
Activity: 1610
Merit: 1131
February 06, 2022, 12:53:02 PM
#34
If indeed Bitcoin will continue in an uptrend it would be a good opportunity to invest in the altcoin now. Despite this, we must pay close attention to whether there is a trap by one of the bulls who is trying to manipulate the feelings of the trader and force him to lose. The market is very volatile and it is good to have a strategy to buy and avoid unexpected risks!!!
sr. member
Activity: 1022
Merit: 252
February 06, 2022, 12:16:43 PM
#33
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

Too early to say it's a real bull run, because it's just a one pump which lead the bitcoin price went to more than 10%. We will see the price trends till the end of the month to make sure this is the right time to invest on altcoins or not because when it is turn out to bull trap, holding alt will get more bleed because the price drop will be more than holding btc
member
Activity: 368
Merit: 15
February 06, 2022, 11:04:33 AM
#32
I just hope that this is a real recovery this time and not another bull trap all over again if BTC can maintain the 40k level for some time then other coins will atleast benefits from that, if you are up for some risks then buy some top altcoins like SOL, LUNA, MATIC and don't hesitate to take your profits.
newbie
Activity: 107
Merit: 0
February 06, 2022, 09:46:50 AM
#31
please tell me, is now really the right time to take a position on altcoins? I want to invest in XLM & harmony altcoins?
legendary
Activity: 1876
Merit: 4532
February 06, 2022, 09:32:52 AM
#30
Hamsters bought bitcoin in the range of 50-60 thousand dollars with the hope of growth to 70-100 thousand dollars. Who will give them now to jump out of this train? I see a limit to the rise in the price of bitcoin to $45,000, and then a sharp fall in the price may follow. After the hamsters sell their coins, there will be another rise in prices.
legendary
Activity: 3150
Merit: 1392
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February 06, 2022, 09:26:36 AM
#29
The market might be recovering, but regardless of that, good coins always deserve investments. If you're talking about high-cap coins like Ethereum, Solana, Polkadot (and it seems that the op focuses on coins like that), I think now's an okay time to invest because they are simply good projects and have strong support, so even if the market goes further down, waiting it out is an option. Ethereum, for example, is still about 38% down from its ATH, and I find it reasonable to believe that it will at least be able to reach that. Similar things are true about other major coins.
hero member
Activity: 2814
Merit: 518
February 06, 2022, 09:24:36 AM
#28
All the altcoins in the market are crashing even bitcoin is going down so fast, with some people understanding this is a great opportunity to collect altcoins that have future potential, the current correction is happening is this a sign for the next bull run to happen this year, but I still haven't I am absolutely sure that this is a good opportunity for us to collect altcoins, so that this correction can become a trap for all of us, making decisions in buying and selling only for ourselves.
I don't think if you watch the market trend and have time spend to review the chart because we can clearly see that Bitcoin is already in the up motion together with some altcoins. In fact, the market is looking good and healthy right now, it is getting back to green already which definitely it thinks that buying altcoins now is ideal. But I think this never works on you and not for the people who have negative mindset.
That eventually a trap if we invest the wrong coins but if we did it right, profit is really what we get.
legendary
Activity: 3346
Merit: 1214
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February 06, 2022, 07:37:04 AM
#27
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

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

Good progress or price improvement for good investors does not mean it's time but rather it's time to check the percentage of increase of your portfolio, the best way to buy has always been when the market is going down, remember to be brave in buying when the market is in fear, buy when the price is dipping and know what you are buying and you are good to go, the things that are worrying is when you are buying when the market is improving when it's too late to find out that it's a bull trap.
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