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 think altcoin's best time for buying is just the same with the bitcoin's best time for buying. A strategical way to know when to buy cryptocurrency is to observe and be updated on the price value status of every cryptocurrency in the market. It is best way to buy altcoin when its price dump an opportunity to add up your altcoin holdings and sell those when the price pumps to gain more profit that is surely beneficial on your part.