Yes, it is very good time to buy into this coin now. Miners are selling cheaply their production. Market capitalization of Honorcoin is less than 400 BTC at price 2000 satoshi. For the coin which brings something new it is very little. Less than many dying coins.

If you compare it with some new coin e.g. Monero, Vericoin etc., you can see that price will grow at least 4-10 times. Before I did not do such a calculations and I missed many chances for big profit, but now I will not