Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict! And I'll go with the most predicted result
My advice is never to time the market, it's better if we start buying altcoins from now rather than delaying without results, the point is to be consistent in investing, focus on one altcoin, I use that, focus on one altcoin that has the potential to give us maximum profits in the next bull run.
should also look whether the altcoin that we tryna invest is already up high enough or not because frankly speaking, some altcoin are already so overvalued, though it might still have the chance of getting some rally but realistically speaking coin like solana which has done 10x of its initial price i assume would not be ideal for investment anymore.
overall, the current market has given chance for many altcoin to do some good price rally, i would expect to find some coin that hasn't gotten that high yet if i were to invest right now but i think in general the coin that are good enough already up quite high already.
so honestly its a bit late already for making an investment but I know this thread is kinda old enough and I expect OP to have made some investment back then, but the recent dips of bitcoin due to some whale dumping is definitely good opportunity to accumulate.