Post
Topic
Board Altcoin Discussion
Re: Should buy altcoin now?
by
ronafurw
on 21/08/2018, 07:19:36 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?
Have some patience for the price of Ethereum to reduce and you can buy at a cheaper rate. The price is already below $300 and I believe that before the end of this year it will get back up as soon as Bitcoin starts to rise also. So if you buy in at the cheaper rate and buy a lot of the coins, you will probably make a huge profit when the price begins to rise. But don’t go for ETH alone, there are other good coins out there, like NEO, ETC and XRP.