Topic: How do you know when to jump in if coins are in the RED? (Read 175 times)
There is no exact time to enter a coin, but the most important thing I looked for is that is this project a good one and how big is the community, and the most important thing is if the price of the coin is below the ICO price, if all the answers is yes, then with gut feelings also< I buy into the coin
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Try to buy the dip in some partials amount. This to prevent the price will goes down a lot and that was anticipated to miss a best chance to buy at very low price. If you are seeing a pump without any fundamental support and it should be consider as a short term pump and that becomes a best decision to sell your coin. FA is really needed.
The best advice, absolutely agree! The combination of several TA methods sometimes works, but this strategy is the best for me.
If you see undervalue coin and your familiar with technical analysis so buy on good support levels, don't buy on all money divide in parts and you will be with profit
As I'm sure everybody here knows, the market has been in the red for the past several days, and while this isn't necessarily good news for those of us who have already invested at bigger prices, others who are waiting for the right moment would surely appreciate some knowledge as to when is the right time to buy in during, or perhaps after a dip.
So this question goes out to any and all experienced traders and investors out there. Let's say you're waiting out this dip and trying to buy at a low a price as possible - how can you possibly anticipate what that will be? And what do you consider a bounce-back? Green for 24 hrs, 48 hrs? Is there a sweet spot?
Cheers!
Try to buy the dip in some partials amount. This to prevent the price will goes down a lot and that was anticipated to miss a best chance to buy at very low price. If you are seeing a pump without any fundamental support and it should be consider as a short term pump and that becomes a best decision to sell your coin. FA is really needed. So this question goes out to any and all experienced traders and investors out there. Let's say you're waiting out this dip and trying to buy at a low a price as possible - how can you possibly anticipate what that will be? And what do you consider a bounce-back? Green for 24 hrs, 48 hrs? Is there a sweet spot?
Cheers!
Very good question. At the time when the market is falling you should pay attention to strong projects, because they will start growing the first. Don't invest in weak projects because they can not withstand a strong fall in the market. I think it is safe to invest in coins atleast from TOP-30.
Tons of methods you can use including but not limited to candlestick patterns, indicators like MACD or Fibs, and in general sentiment and price action. Using a combination of these will help you find your own method, there is no one method or perfect method. TA has holes, the key is to find a way that works for you.
It is hard to predict the bottom of the coins. I usually jump in when the coin is at all time low but at the same time I will check for fuds. If there are too many fuds around, I will wait for awhile for the market to react.
I think it’s different for every single coin. Each coin has it’s own pattern so we shoul keep an eye on the coin considering it’s previous movements. Personally I check the previous dips and peaks and i try to make my moves accordingly.
One of the thing I looked for in a bear market is that is this project a good one, if the answer is yea, then is it below the ICO price if the answer is yes, then it is a good entry point, don't let me lie to you, you can never predict the bottom of a market nor the top, just target a good entry price
I wait for reversal candles pattern on 1 hr timeframe: H&S or DoubleBottom or Triple Bottom or Dragon
And has it worked for you with cryptocurrencies? 1 hr timeframe seems very little.
I wait for reversal candles pattern on 1 hr timeframe: H&S or DoubleBottom or Triple Bottom or Dragon
As I'm sure everybody here knows, the market has been in the red for the past several days, and while this isn't necessarily good news for those of us who have already invested at bigger prices, others who are waiting for the right moment would surely appreciate some knowledge as to when is the right time to buy in during, or perhaps after a dip.
So this question goes out to any and all experienced traders and investors out there. Let's say you're waiting out this dip and trying to buy at a low a price as possible - how can you possibly anticipate what that will be? And what do you consider a bounce-back? Green for 24 hrs, 48 hrs? Is there a sweet spot?
Cheers!
So this question goes out to any and all experienced traders and investors out there. Let's say you're waiting out this dip and trying to buy at a low a price as possible - how can you possibly anticipate what that will be? And what do you consider a bounce-back? Green for 24 hrs, 48 hrs? Is there a sweet spot?
Cheers!
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