Post
Topic
Board Altcoin Discussion
Re: Should buy altcoin now?
by
cmacwiz
on 18/08/2018, 19:58:39 UTC

Looking at the market at the moment, there has been an increase in altcoin from a low of $ 5900 at the end of June 2018 to $ 8200 today. However, the value of the altcoin did not increase, some of it decreased. Percentage of market capitalization of the current bitcoin compared to the overall market is over 47%. Is this the right time to buy altcoin to make a profit?
Yes. I do believe that one should but alternative cryptocurrencies right now and I do believe that right now is a good time to invest in alternate cryptocurrencies as well. This is because right now the prices of alternative cryptocurrencies is comparitively low and it is more beneficial to invest money or to buy alternate cryptocurrencies right now because one will be able to buy more number of altcoins and will be able to invest more amount of money on altcoins.