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Topic: Best time to buy alts- on the up or on the down? - page 2. (Read 296 times)

full member
Activity: 392
Merit: 101
The market is very volatile if you want to invest right now sorry bro it's too late to jump in the existing pump. If I were  go for other potential coins that has good fundamentals. Look at this coinmarketcal.com it's all there
full member
Activity: 490
Merit: 102
Just curious whether people see a spike happening and jump on it in the hope or anticipation that the spike will continue, or wait until it plateaus or drops again?

I see things spike like Verge for example and the temptation is to jump on it but my gut tells me that by the time it is spiking it's too late really.

Any thoughts?

From the trading fundamentals to say it simple
"big green candles" - experts are selling and suckers are buying
"red candles on falling market" - experts are buying and suckers are selling
(it is more complicated but for this post is ok)

But crypto market for now has different trading strategies. Nobody will tell you the winning one.
member
Activity: 126
Merit: 10
It depends on which alt you are buying because you have to see the trends of that alt.Every alt is not good to buy in up neither they in down.So you have to do little r&d regarding particular alt like when was last fork and when it was last pumped. With this you can get a clear idea of when to invest in that alt and more importantly how much to invest in that alt.You can get this information in bitcointalk,Google,or any Crytocurrency sites.
legendary
Activity: 1232
Merit: 1000
The main investor mistake is to buy high, sell low))) It's the obvious rule, that any trader/investor should buy low, sell high. This rule could have some exceptions, but mostly we should use it not to get losses.
full member
Activity: 658
Merit: 101
We see large movements in stock markets as a result of such speculation. Whales are profitable in this business, small investor loses...
member
Activity: 98
Merit: 10
on the down, of course! you don't want to pay for it when it is on it's all-time high, wait when it's down and then buy Wink and then hold it or swing trade it.
hero member
Activity: 560
Merit: 502
Look after altcoins you are interested in and buy those that had stable growth in last months when they dropped in price. That's the smartest way, cuz drops are for a short period of time, they will go up again.
full member
Activity: 392
Merit: 114
for longterm i buy coin when the coin price down as long the coin have good prospect..
full member
Activity: 345
Merit: 114
from what i learn, buy a crypto while its cheap not always a good option. See recent history of that coin first if after the price fall there another pump, buy it mate
legendary
Activity: 1358
Merit: 1014
Just curious whether people see a spike happening and jump on it in the hope or anticipation that the spike will continue, or wait until it plateaus or drops again?

I see things spike like Verge for example and the temptation is to jump on it but my gut tells me that by the time it is spiking it's too late really.

Any thoughts?

I would usually look at the fundamentals of a project first. If it has potential to pump, I look at previous pumps and I would make sure that the graph is calm and horizontal. I don't like buying into pumps unless it's for short term gains where a resistance is broken and a breakthrough is happening, but these don't last so I load my bags fast for profits.

Also dont be the idiot that buys a coin that only goes up against USD and is obviously losing value against BTC.
newbie
Activity: 3
Merit: 0
Just curious whether people see a spike happening and jump on it in the hope or anticipation that the spike will continue, or wait until it plateaus or drops again?

I see things spike like Verge for example and the temptation is to jump on it but my gut tells me that by the time it is spiking it's too late really.

Any thoughts?
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