Hi guys. I'm looking to invest a couple of thousand dollars in cryptocurrency. I'm not a trader and would like to invest in currently undervalued alcoins with the best potential for the long term growth. Have been reading up extensively and following the markets but still not sure if now is the best time to enter.
Thus requesting an insight from you: invest now or wait and see what the August brings? And what are the possible scenarios for altcoins it can bring?
I suggest that you dont buy know, since many altcoins are in the green but if you really want to buy now, there are some altcoins that I think is currently oundervalued today. One of which is well known by the community and has a token creation feature like ethereum. You can also wait for after august 1 because there will be a fork on bitcoin and it is seen in the past few weeks that if bitcoin dumps, many altcoin dumps so dont buy because there is a probability of huge dump in bitcoin.