Post
Topic
Board Altcoin Discussion
Re: Good time to buy some alt?
by
wozzek23
on 23/05/2020, 07:22:41 UTC
We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.
Even at this time there are still people who are afraid to invest, and some are saying that the price of bitcoin will fall because miners will drop out. So, they now think that it is best for them to wait till the price falls after some miners stop business, and they will be able to buy at a cheaper rate lol.

They are not even hundred percent sure whether what they are saying is true, what if the price never goes below the $9,000 price range? What if it just continues to stick around this price and then all of a sudden it starts going up and then those that are waiting for it to decrease before they buy will end up losing their opportunity that they had to invest?