Quote from: Obim34 on February 03, 2024, 03:15:26 PM

Quote from: NicNacCoin on January 30, 2024, 07:34:58 AM

Quote from: Lontor on May 11, 2022, 09:48:23 AM

I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?

No one can ever analyze the market properly which is why no one can tell you exactly where to invest right now. But if you are planning to buy altcoin then of course you can buy that coin using DCA method but remember if you can invest in DCA method you will get more success and when to invest and when not to invest situation you don't have to think anymore.

It will depend on the Altcoin at which you want to buy, if it is top Altcoins like Ethereum, Litecoin, Solana and so many of them with Ethereum the most highly correlated to Bitcoin then it is very much acceptable to invest now because when Bitcoin will experience the bull run they will aswell pertake in the big pump. But if it is among the new Altcoins then close research should be considered before making any investment.