What are your thoughts on the market right now? - page 2.

Volimack

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Quote from: Rabbitqt on March 29, 2024, 07:42:04 PM

Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

This is just like every other bull, we broke ATH then we dropped 15%-20%. Waiting any longer might be missed gains but tbh if this is actually going to be the bull you've got until next year to figure it out.

There is a bull run going on in the market, but if you hold on to it now, it will be possible to get some profit. By the end of 2024, the market will go higher with the increase in the value of Bitcoin. It's the right time to hold on to altcoins rather than get out.

Bobrox

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In my opinion better wait and see with current market condition after bitcoin success raising higher price and current difficult move up more higher price as investor prefer for selling their bitcoin assets than buying. I won't be long term holder any more if buy back bitcoin and some altcoin really touched most higher price, wait awhile and be more patience waiting with bitcoin and market get correction has moment to buy back or reinvesting with lower price.
If you like hit and run invest on meme coin pre sale seems interested, but use few amount during waiting moment bitcoin get correction looking very risk if purchase bitcoin have raise much higher price.

Quote from: Hypnosis00 on March 29, 2024, 11:38:48 PM

Better secure your funds into Bitcoin rather than looking for altcoins. Yes, of course, some altcoins are profitable but the idea of having them now is not a good decision. Why? Just take a look at the current market condition, we are in a bullish state and we know that altcoins never stand high long but sudden and massive drops are very possible.

If I were you, don't force yourselves into buying altcoins. Don't chase on x1000, there is no assurance for that. Better to wait until the market turns bearish again rather than choose to risk your money. Or, consider Bitcoin over these altcoins.

Bitcoin price raise up drastically and last several days stuck with difficult get higher price again, I think worth with investing in altcoin but have ready high risk and high return profitable with altcoin. Bitcoin get difficult to earn much profitable with short team investing and difference with some altcoin just few days will hit higher price.

laijsica

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Now you can buy something if you can afford it at the prevailing market price of Bitcoin.If you can't buy BTC by using Lamp Sum, you can try saving bitcoins by following the dollar cost averaging (DCA) method every month.

Hypnosis00

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Better secure your funds into Bitcoin rather than looking for altcoins. Yes, of course, some altcoins are profitable but the idea of having them now is not a good decision. Why? Just take a look at the current market condition, we are in a bullish state and we know that altcoins never stand high long but sudden and massive drops are very possible.

If I were you, don't force yourselves into buying altcoins. Don't chase on x1000, there is no assurance for that. Better to wait until the market turns bearish again rather than choose to risk your money. Or, consider Bitcoin over these altcoins.

Essential10

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

In my opinion altcoins can stock up if you actively monitor the market. Although it has taken mild corrections at times, Bitcoin remains bullish so far. Market movement is very important to trade in alt coins or you can lose money from here. As Bitcoin will halve next month, keep a close watch on the market behavior for the next two months. Since it will be very difficult to analyze the market in the future, it will be better for you if you plan to trade in altcoins in a short range. Never get excited while trading, let the profit come less, be patient and progress slowly to get success.

Rabbitqt

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

This is just like every other bull, we broke ATH then we dropped 15%-20%. Waiting any longer might be missed gains but tbh if this is actually going to be the bull you've got until next year to figure it out.

Issa56

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Why stocking altcoin? Why not stock bitcoin? Why trying to that that high risk? When you are making investment in altcoin, then you can lose all your funds at any time, because the altcoin which you invested in can crash at any time, and you will be left with nothing. Why not just invest in bitcoin and have peace, if you make bitcoin investment, you don’t have to panic, all what can happen to bitcoin is for the price to dump, and if you can hold it, then the price will bounce back, but it might take time, so I will simply tell you to invest in bitcoin, rather than altcoin investment.

If you are looking for the perfect time to invest in altcoins, then you can just do your research yourself, then invest at your own risk, you don’t have to wait for people to advise you first.

Asiska02

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

The altcoin community is also a large community in the crypto space and altcoin represents a lot of coins that are tradable but are not bitcoin. They are named like that because they can only be alternate to bitcoin and cannot perform well as bitcoin as done to create a gateway for other types of cryptocurrencies. When looking to invest in altcoins, try and diversify your portfolio because as many are promising, many of them are also not promising. Again, while few can be promising, a lot can’t still be promising. Before investing in altcoins, it is important to do good research on those projects, know the team behind the project and know how well they can do in the long term after investing in them. If you’re new to the cryptocurrency space, becareful with shitcoins, they should be the least in your portfolio to invest in if need be. Hold on to strong altcoins that have potential to do well in the long run especially during bull run season.

Zaguru12

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

One coin I will advice you to buy just any time is the bitcoin because this is the only coin that theirs certainty that it will increase from any of its current price now when you hodl for the right time. But investing in Altcoins is something that is too risky because more of the Altcoins who have pushed up actually are risky to invest in. Buying a pump is very dangerous the fall could he it’s final. So the best thing is if you study a market and you are confident about that ecosystem doing well. So the best thing is to invest in those coins with just 75% of the amount you intended, and then DCA later if they dump. This is the strategy that I think is the best for Altcoins and you should learn when to take profits also on traders most especially if they are memes

Lanatsa

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Quote from: Cookdata on March 29, 2024, 05:06:02 PM

Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Any altcoin with a team behind working tirelessly with some good updates over the year is a good buy but please avoid meme coins even though are they promising to a lot of people, they don't represent what altcoins are even though they can't really have much achievement like the way Bitcoin has benefits from this market. You can have just diversify your portfolio with some later 1 altcoins and some new listed coins that hasn't done well this season.

You can also include coins that hasn't really go far this bullrun, there are room for more growth and expect some good updates around these altcoins, it is these updates that traders used in shillings coins. So if you get one and see update, you will know when it's the time to exit the market after having all the profits that you really needed.

•Good Utility project
•Non stop working Developers for further changes and updates
•Good and active community
•Heavy back up partnerships
•Some sort of hype

You could really be having those kind of considerations on which this is something that a criteria on a project that would really be potentially that make up some
relevance on upcoming bull run period. Although it wont really be that an assurance because it would all be depending on the community demand and recognition in the end.

Thing here is that on the selection of those potential projects that you would really be tending to add up into your portfolio then it would really be on your choice.
Market is never been predictable and it would be always be and if you are really that not careful on taking up some selections then you might be ending up on investing into some shit coins.

You should really be making those entry and exit points on a meticulous manner if you do really like to have that an effective kind of
dealing up with crypto space.If you dont like on making yourself that lagging behind then you must do it.

Cookdata

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Any altcoin with a team behind working tirelessly with some good updates over the year is a good buy but please avoid meme coins even though are they promising to a lot of people, they don't represent what altcoins are even though they can't really have much achievement like the way Bitcoin has benefits from this market. You can have just diversify your portfolio with some later 1 altcoins and some new listed coins that hasn't done well this season.

You can also include coins that hasn't really go far this bullrun, there are room for more growth and expect some good updates around these altcoins, it is these updates that traders used in shillings coins. So if you get one and see update, you will know when it's the time to exit the market after having all the profits that you really needed.

tyz

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

I think we are currently in a discovery phase after a steep rise. There are always such sideways phases after a strong bull run. As there are currently no real price drivers, but the market is still positive in anticipation of the halving, I assume that we will remain between 60 and 80k for the time being. After the halving, there is usually more selling pressure before the market moves up again, usually followed by an ATH. This has been the case in the past. However, the game has changed a bit with ETFs. Much more money can now be easily invested and disinvested. But I think we will continue to follow the familiar pattern, so I stay bullish.

kentrolla

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You can buy if you can be actively monitoring the market because at the moment Bitcoin is on upward trend this giving a good boost to Altcoins but once again the Altcoins will be the first one to dip hard if Bitcoin dips hence there is definitely larger risk involved as this involves good profit as well. But don't go all at once so it in parts to ensure if there is minor dips you can benefit form that as well.

But if you cannot actively monitor the market then don't go for Altcoins.

Alone055

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

That should be your decision to make based on what you want to achieve and how long you have been in the market. If you have been around, and have seen lower prices, then you will barely enjoy buying at this point, but if you haven't been here and joined just recently, maybe you can buy at the current prices by applying the DCA method which will save you from the volatility of the market if you buy in one go.

Bitcoin Block Halving event will occur next month, and market dynamics will experience a change for sure but whether the initial change will be positive or negative is unknown to all of us. Thus, there is no proper answer to your question of whether you should wait or buy right now.

P.S: A suggestion from my side would be to always do your research before making an investment in a cryptocurrency, even if it's Bitcoin, if you are making your first investment in it, you need to know about it.

batang_bitcoin

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

Buy if you are ready and you have the money. And wait if you're not yet ready and you think that it's not yet the time for you to buy.
It's always the miss universe question by many of the folks when they can't decide for themselves. That's why for you OP, you have to decide for yourself on how your plan is.

Bushdark

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Eloncoin.org - Mars, here we come!

I would always advise you to buy coins that has been in the market for long and that had survived the bear market.
This is one of the ways we could know a good project especially looking at the market capitalization.
This would give you insight of what you are buying and what you should be expecting as an investor. The crypto market has so many projects available and the ones that would be launched soon so we should be prepared and ready to make proper investments buying and storing good project for the bull.
You can check Coinmarketcap so get more information about crypto projects.

2Pizza410000BTC

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

If you want to stock up altcoins for spot trading then you can. But you have to understand some volatility of the market. if you don't understand the volatility of the market, you won't be very successful in trading. Right now you can see the market fluctuating between $60,000 and $70,000. But if you have to do spot trading in this market then you can do it I think it will be good but short time trading will be better for you right now if you do short time trading you will be successful. Don't be too greedy If you are too greedy in this market but you will suffer in the trading platform. If you take small profits you will be in profit.

Ahli38

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

It depends on which altcoin is being monitored at the moment. If the altcoin you are monitoring has strong fundamentals and still has upside potential, then there is no harm if you also dare to accumulate it now. But by buying little by little or accumulating gradually. So that if the market experiences a correction, you can still buy back from a lower price. But it all depends on your decision whether you are ready to take the risk or not. The decision to wait for the market to experience a correction again is also a good decision. As long as the altcoin that will enter is not yet the time to show its hype or there is no urgent event coming soon. DYOR

bettercrypto

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Quote from: AndrewRun on March 29, 2024, 07:18:43 AM

I want to stock up on alts for the spot now. What do you think, should I buy now or should I wait?

We are still bullish; if I look at the price of Bitcoin, it is only playing at 69k to 70k; its support has not yet been broken. Its range is somewhat smooth and sluggish,
a sign that the upward trend will continue.

Just remember that no matter how long the consolidation that he will do, the percentage that his price will raise is for sure. That's what we need to prepare for now, so let's just hold on for now.

Sophokles

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What i am seeing is that marketing is preparing for a major rally, and current negative news are mostly to shake off the final weak hands. Those who don't want to sell off even in this shake off will never sell where ever the price goes. So we can say we are in a accumulation zone right now where bitcoin made its resistance around 70k and support around 60K. That means there is an almost 10k price gap which is a lot to shake off the whole altcoin market. But in the long run i am expecting a major rally from the whole market 1 month after the halving.

Topic: What are your thoughts on the market right now? - page 2. (Read 358 times)