Topic: How do you decide on a buy price target? - page 5. (Read 839 times)

As I used to enter it depends on many factors such as market movements, the trend that bitcoin is showing and its status in the short term or long term, and I also only add one price. How much is expected and suitable to start buying. I don't like how a lot of people are so sure that a target price can start because this market is so volatile we should set a long or short path against the desired profit we can expect. DCA has always been an appropriate solution and I think it fits the current market landscape where prices have fallen a lot from the ATH they have generated, of course for good coins over time. they will grow again on their trend, and what you need to do is research whether the project can afford to survive or adapt in this market over time, or simply until you see the benefits profits from them.

if you trust the coins mentioned then why not take the advantage buying ?
until when this will be given? 10$ might be high to buy now but what if the price grows overnight then the chance of buying will be increase prices also .

My decision depends on quite a lot of things, the first would be the use case of the coin itself, second would be the developing team, next would be the partners of the project, then community supporting the project and then the whole market season or movement. After considering those, that is when I move to the charts and indicators. And if everything looks well enough for my standards and risk tolerance, then I jump in. The amount I put in would also depend on how good the risk-reward ratio looks to me in longer time frames. That's just for investing for mid to long-term holding. For short term trading and leverage trading, I basically do the same but much more focused on the market season, charts and indicators that are based on shorter time frames and lastly community sentiments towards the target coin (never go against the waves).

Targets from other sources helps too. But only if you already have ample experience in trading and are well aware of what you are doing. If you take in targets from other sources as they are without confirming or making changes that fits well to your trading style and strategies, then you are better off not considering other sources for your trades and instead focus on learning the basics and gaining more experience by taking things slow and trading smaller amounts. Also, opt for well reputed altcoins or bitcoin first.

thanks for the share here budz , will check this position from here .

If you really trust and believe about these project then there is nothing to consider but buying now as the price are dumping , though this is not my kind as I will never buy a coin that already reached its top for many reason.
and one of those are I have seen many of that like and losses happened, you must learn how to get the timing in buying before the pump , not unless you are willing to keep holding long if cases that the value dumped after you bought them.
and when was that? how to detect that the coin already dropped in its lowest?
any Idea mate so we can rely and try doing it in general mean?

but don't just believe in what are those coin instead about what is the future ,
because there are so much happening in altcoins and what we must be concern off is about the future ,
the potential of increase is there but would be be back? or will continue to fall
those are the factor in which many are losing and this is why we should understand the behavior of each project we are going to invest with.

ust see whether the current price far off from the highest then you can just accumulate, as many have said, seeking for the bottom of the price, most of the time you just gonna outright fail because no one have idea.
just find good price point and you're set.

When things are plunging or spiking my best advise would be to just cost average in.  Many reasons for it but for me it limits the downside risk so if you buy a little and it keeps falling you aremt all in and can continue to buy.  It eliminates the need to try to call the bottom.  And if it spikes its not like you were completely out of it and can catch some of the uptick.  Either way good luck with your adventure on stacking sats!

Based on the signals and information that you have with that project to make a decision with it, I think the investment will be more risky if it is only for the short term. And when we have studied them and spent a lot of time observing, the risk ratio will certainly have to be greatly reduced, the method that I recommend is DCA, you should buy them gradually with the right amount of capital over time. When that investment pays off for you, you'll feel better. Personally, there are some coins at this stage that I also have high hopes for in the future bull cycle, but in general everything revolves around the volatility of bitcoin.

The best strategy is to wait for btc correction which will force many over confidence buyers to sell some coins and almost all altcoins will be down. now this is best opportunity to take entry but not use all fund because another btc down will drop altcoins more. I am just trading in gainers for 5 Minute trade which is high risky and i will not recommend to any one but i think buying any coin in Fomo is worst buying because if it's price down from here then tou have to wait long for it's price to be rise back to this stage

The important thing is that you have a plan for how much money you want to invest in the coin. For example, you want to use $10 to invest in that coin. You can buy it at current prices for $2-$3 or even $5.

But it's best not to buy an all-in with $10 right away because if the price keeps dropping, you can't buy it anymore. Usually, I'll place a buy order 3 or 5 down the line from the buy order and wait for it to fill. And if the price continues to decrease after that, I will place a buy order on the bottom 5 rows again.

I never try to bottom any altcoin project, no matter how attractive it is; trying to bottom only makes the sentiment more confused. In case the price of my favorite altcoin is falling, I will use Fibo or some other price analysis tool to see if the price will stop falling. Then I will use DCA to maximize its bottom-fishing ability. The important thing is to wait and patiently stick to the plan until you have 50% success already.

Thanks everyone for your replies, I've really enjoyed the various outlooks on choosing an entry point.

I didn't take the plunge on OP or IMX despite their significant downtrend, partially as I fear Bitcoin dropping to $25K and better buying opportunities may present there.

I've made the mistake of buying a few others HBAR, AGIX, AR as prices were dropping .... and then they dropped significantly further.  Perhaps I should have waited until prices stabilized as suggested.  Or DCA'ed in so I could potentially buy lower too.

I guess I'll keep my powder dry for now and watch for OP targets mentioned above of $1.2 to $0.9

If you are you good with candlestick then you can look to detect were to buy or sell, usually as a trader you can buy 10 percent below the initial price or lower then you can also sells back when it gains a 15 percent increase in price at this point selling with 5 percent changes. However, if those token are being listed on binance or in a reputable exchange you can set a buy or sell limit to help you save your lost.

First of all your choice about OPtimism and Immutable is good choice in my opinion layer 2 is on the rise nowadays but the bitcoin price is not good making this is not the good moment.

Im gonna share my opinion though the price of bitcoin now is testing 26K support or 100 EMA and it seems the price reject at that point. When bitcoin price reject for couple of days and show bullish I think that is the right call to buy altcoin like Optimism.



If you look at the chart the yellow line is previously a resistance and now turning into a major support although is not there yet. you need to be carefully since the price already broke the 200 EMA and I would say the good entry point for OP is $1.2 and take profit on $2

IMX is already up 3.3% and OP is up 7.6% for the day (13 May). I hope you managed to buy something on the drawdown. And hope it was OP as its price is rising more optimistically.
And the reason is most likely that Optimism has been tapped as the protocol for hosting Worldcoin’s flagship apps.

It’s always good to have this kind of strategy and focus on this, I personally have my own as well.
I do analyze the price trend and if it goes on a good position, I’ll buy some. Anyway, if you are not so sure about when to buy, always look at the chart and see the good price. There should be no pressure in buying, you have to take your time to analyze and make sure you didn’t miss anything, trading can be very tricky most of the time, and the fees can’t tell if its a good time to buy.

My decision on the ideal starting point for a crypto investment is typically difficult.  When I want to invest in an altcoin, what I find myself doing is investing in it gradually. I don't immediately buy in any altcoins. For instance, if I wanted to invest $100 in optimism coin, I would initially invest 20% of the money, then 30%, and then 50%. As the price of the altcoin declines, that's how I will be investing in the altcoin gradually until I exhaust the money I mapped out for the crypto investment

I always wait for the price to stop and see what the situation is around the market and only after that I can buy 25% of what I planned if it goes lower, I still buy. I work mainly according to this scheme, since it is safer and at the first opportunity I try to sell if the price suits me, or I will continue to hold if there is an unrealized prospect in the project.

it's really hard to decide the right buy price target, of course everyone definitely gonna choose the lowest price for buying target but the question is could they?
most of them are just gonna follow the flow, don't know whether their entry is good and only later they gonna find out about it.

I have the personal policy of never trying to catch a falling knife no matter how attractive a project could be, if the coin in which you want to invest is still experimenting a sharp drop then stay away from it and be patient, you need to wait until the drop ends and some sort of stability is reached, doing anything else other than that will expose you to massive risks and the chances you will lose your money will increase immensely.