This can be considered the time to accumulate as much possible based on various reasons.
- The price has been found low to $8500
- More predictions stating the growth to happen anytime soon
- Better than bitcoin, it is time for accumulation of altcoins
- Altcoins were very low in value, and these days there is recovery
with most trusted altcoins - Halving happening by 2020, and a big update on ethereum network
This is also what I observed and believe. As most would say that anything below $10,000 is a good buy, I concur. $8500 is still a conservative price and I am expecting below $7,500, but with current situation, seems will not happen anytime soon. Support is strong at $8,000 range, hope to have mini bull run before the year ends.