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?
You should buy altcoins when the price falling. But for some peoples, they prefer to buy when the price rising because they want to make quick profit.
I think if you buy when the price rising, it will be the same as speculating because you wont know that the coin will keep rising or stop rising.