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?
I would like to know what kind of coins you plan to buy? If you are planning to invest in Memecoin or Shitcoin I can't advise you because Memcoin and Shitcoin are very risky at the moment. But if you plan to buy some like Ethereum, Solana, BNB XRP then I can suggest you to buy now. Because all these coins are still in good position to invest. But no one will force you to invest, you have to invest at your own risk and with thought experience.
Hey guy, we have discussed this in other threads and there was a resolution. Any coin that is not bitcoin then it is an altcoin therefore both the memecoins, shitcoins and airdrops are all in the category of altcoins so there is no separate memecoins and shitcoins they are all altcoins or all the memecoins or shitcoins.
And the time to invest is always with the the investor. He has to create or draft out a timetable for himself to invest in any cryptocurrency and before then he has to know if he is foe long or short term. If if for long term then "buy the dip and hodle" but if it is foe short term then buy now and sell at the all time high.