Post
Topic
Board Altcoin Discussion
Re: Is it time to enter the market and buy altcoins?
by
sheenshane
on 11/01/2022, 23:12:43 UTC
.... Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
It's nice to see some greens but I would still be careful buying any altcoins at this point since I have limited funds.  Wait for a few more days but I guess that's still up to you if you have extra cash available.
I tend to agree with this, altcoins are quite risky to invest especially those who didn't in the top 100 in the CMC in the highest volume.
Anytime could be a good time to buy altcoins or Bitcoin, there's no time frame for that, when saw altcoins have corrections (those top 100), just grab it because there will be a chance and potentially gaining profit when it will go up again.

Be careful investing in altcoins because they aren't good at investing in the short term, anytime they will crash depend on what altcoin you have chosen.
Instead of altcoins, Bitcoin would be better because as we can see, Bitcoin prices swing altogether with altcoin, which means it almost tied up the price.