Post
Topic
Board Altcoin Discussion
Re: Still a good time to invest or not
by
Negotiation
on 17/03/2021, 07:58:34 UTC
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Before investing in any altcoins, check the chart of the last 24 hours, 1, 7, 30, 60, 90, 1 year and all. Definitely you will see that there will be no bear traps. You can invest now and leave with a little profit. But for some greedy people, this is quite impossible. Actually, I'm not giving advice to invest. Your research experience will be the best. Some cheap altcoins are still available at a higher volume. New altcoins could be a great opportunity.

You are somewhat correct. The situation of Altcoin market is looking good. But no one knows when this situation of altcoin goes bad, because when there is a difference in the price of bitcoin, it has an effect on the market of altcoin. So one must invest in strong coins. Now that the market is in place, it would be risky to invest in any coin in the hope of a quick pump and dump. If they wants to make a long-term investment, they must be interested in doing research, because it is important to do research on a project before investing in it.

It must be simple to buy and sell cryptocurrency, that people can buy it and hold. Not all people can buy cryptocurrency on crypocurrency exchange.
It is good that now appear a services that allow to buy crypto for bank/credit cards like https://www.koinal.io/
You can check the market conditions for buying or selling crypto If you have a good idea about the market you will know the right time to invest. This is a good time to invest in altcoin but it is important to check which currency is performing well.