How to buy alts at the right time? - page 2.

LUCKMCFLY

legendary

Activity: 2492

Merit: 1869

Leading Crypto Sports Betting & Casino Platform

Quote from: Wexnident on January 08, 2022, 09:13:15 AM

Quote from: LUCKMCFLY on January 07, 2022, 01:34:12 PM

You are right, in fact there is a very common practice in trading that has been applied for months, all this was started by the NFT games and consists of participating in a whitelist to buy tokens in a private sale, then in the public sale sell at the pump, this way a good profit can be made, of course there are people who like games, but since many NFT games have been in decline, what they are already opting for is private sales and then public sale . Of course this does not imply marrying the token or currency, and although it is risky, many who take this risk have obtained good returns.

This is still being done no? I know a few groups that has been doing this and they've been profiting quite well from the strategy. Honestly, I'd recommend only doing this strategy if you have plenty of money to spare for trading, it could bring profits but there is a HUGE chance that the project you're going to invest into would turn into a dud. I'm pretty sure it's quantity over quality in these cases, so the more money you can use to invest in different projects, the higher chances of you profiting off. Well with risk comes with rewards after all so I guess it's a natural, just that again, it depends on your starting budget.

If it is being done, but it is not like before, there are some presales that are successful, but the lifetime of the token is very short because everyone waits for the first 2 or 3 candles that rise to the highest point and then sell and then there is no more investment, therefore at that moment is when the token is very low in price, I think that this is an already very risky option to do it, however in the telegram groups that sometimes I follow, they still recommend doing it because at less you can win a x2, and many are satisfied with that.

gmatej

newbie

Activity: 39

Merit: 0

Buy them when they are down:) Try to watch for a period where the price has platoed for some time. Often there is a reversal coming.

Mauser

hero member

Activity: 1694

Merit: 516

For me timing is the hardest thing when it comes to trading. I have tried so many times to find the perfect moment to buy a new coin or old coin, just to find out that I was wrong. That's why I kind of stopped going for one purchase at the best moment and rather split out my purchases over several weeks. When going for a new project than buying directly at the launch can be a good idea. But instead of putting all my money in at once I would rather look at the charts a few weeks after the launch. The risk that a coin is being hyped massively just so the price drop in the months afterwards is real and can hurt us. So instead of doing 1 big purchase I try to make 4 purchases spread out.

Oshosondy

legendary

Activity: 1414

Merit: 1118

Gamble responsibly

Quote from: SOCAR on November 12, 2021, 04:32:40 PM

What do you think of this strategy? How do you define a buy zone for yourself?

There are over 16000 coins and tokens on coinmarketcap and coingecko, there are still many of them that are not listed. Altcoins like new projects are risky, you can take the risk, but it can either lead to profit it loss and you have to be very careful and research more about the project. But before considering a project, avoid scam projects, read the white paper, make sure it is authentic and know if it is what can trend that people can follow.

But what I will still have to say is that new projects are risky, some will become pump and dump, some are shitcoins and will remain shitcoins, some will become dead, some will be failure.

MIner1448

member

Activity: 938

Merit: 13

Tontogether | Save Smart & Win Big

The strategy is excellent, you are now acting as an investor in a new project, but the biggest danger is scam projects, you may not wait for a listing, a coin or a project will simply go into a scam, you need to approach very carefully and enter new projects with great caution before listing.

lepbagong

full member

Activity: 2268

Merit: 121

#SWGT PRE-SALE IS LIVE

Quote from: nurilham on January 09, 2022, 07:55:02 PM

If the coins that you have are profitable and the prospects are good then it will be profitable to have. So use a strategy that can help to get the desired profit. To make a profit of course we buy coins when the price is low and sell them again at a lower price, but we also have to be patient to wait for it because it takes time. Besides that we must actively monitor the market and analyze it so that we can determine the right time to sell it. Anything can be done as long as it can generate profits, but you still have to be vigilant and don't be in a hurry.

if what you say is that the time is of course now, if you are going to buy because indeed the price is all down and experiencing a very deep correction following the movement of bitcoin. but it is still necessary to always analyze first before determining what coin we will buy because when we invest we hope that the coin we buy will be profitable in the future.

Patience is also very much needed in situations like this which are all red, pay close attention to where we are going to invest. Doing research on CMC/CGK can also be done because all coins can be seen in the graph there and can see the most potential of all the possibilities that can be done and stay thorough.

nurilham

sr. member

Activity: 1484

Merit: 441

If the coins that you have are profitable and the prospects are good then it will be profitable to have. So use a strategy that can help to get the desired profit. To make a profit of course we buy coins when the price is low and sell them again at a lower price, but we also have to be patient to wait for it because it takes time. Besides that we must actively monitor the market and analyze it so that we can determine the right time to sell it. Anything can be done as long as it can generate profits, but you still have to be vigilant and don't be in a hurry.

Woodie

hero member

Activity: 1834

Merit: 879

Rollbit.com ⚔️Crypto Futures

Quote from: ?? on ??

To begin with, you can use information from analysts so that you yourself have something to think about and watch at what time they make a particular decision.

This is not a but idea but then again I have had an opportunity to follow some renowned analysts and i think some of these tend to be biased on several projects when making their analysis especially if they are affiliated to some projects which makes them unreliable but the best should be to learn how to read charts which should give us an edge.

pinggoki

sr. member

Activity: 1498

Merit: 416

Quote from: bonyaserg on January 08, 2022, 04:13:41 AM

For myself, I understand the crypto market in this way, any coin tends to fall in price and also rise in value. And in order to make a profit, you need to closely monitor the crypto market. And as soon as the price of a coin drops sharply, you immediately need to buy and wait for growth in order to sell. And not wait for very big growth. Namely, the profit will be obtained from small growth, but this profit is always constant.

You don't have to look at it closely, remember that a sharp drop will always be announced by your exchange if it ever happens, that's what happened to me so I can always catch up when an alt is going down. Also, it's worth mentioning that you might want to reserve a lot of money to buy alts so you don't have to sell your other investments just to get in when another one goes down.

Frengki_cisco

member

Activity: 790

Merit: 44

Quote from: SOCAR on November 12, 2021, 04:32:40 PM

What do you think of this strategy? How do you define a buy zone for yourself?

the strategy you do is a common practice for many people, I bought Alt coins based on the supply circulating in the market and some other information about the coin's creator, sometimes we find a lot of teams that are not serious in carrying out projects to move forward and also many fake teams, coins are created just to take their own advantage.

To make sure the owner of the Alt coin is also the main thing, not a few Alt coins are scams after listing.

Wexnident

hero member

Activity: 2576

Merit: 666

I don't take loans, ask for sig if I ever do.

Quote from: LUCKMCFLY on January 07, 2022, 01:34:12 PM

You are right, in fact there is a very common practice in trading that has been applied for months, all this was started by the NFT games and consists of participating in a whitelist to buy tokens in a private sale, then in the public sale sell at the pump, this way a good profit can be made, of course there are people who like games, but since many NFT games have been in decline, what they are already opting for is private sales and then public sale . Of course this does not imply marrying the token or currency, and although it is risky, many who take this risk have obtained good returns.

This is still being done no? I know a few groups that has been doing this and they've been profiting quite well from the strategy. Honestly, I'd recommend only doing this strategy if you have plenty of money to spare for trading, it could bring profits but there is a HUGE chance that the project you're going to invest into would turn into a dud. I'm pretty sure it's quantity over quality in these cases, so the more money you can use to invest in different projects, the higher chances of you profiting off. Well with risk comes with rewards after all so I guess it's a natural, just that again, it depends on your starting budget.

Hypnosis00

sr. member

Activity: 2338

Merit: 338

Quote from: cheezcarls on January 06, 2022, 09:22:23 AM

As of right now, I don’t think there’s a “right” or “perfect” timing for us to buy some specific altcoins because you cannot control the market. It’s very unpredictable. In my own opinion, my strategy in buying specific alts is if they are in a long consolidation period or in a “treading water” mode for a number of days, weeks or so before I could see a big move whether if it’s going up or down in value.

There is no RIGHT and PERFECT timing when it comes to investment especially in this kind of market. The volatility of the market will somehow give the reason why we can make it perfect. But, I don't feel any regrets about this scenario, besides we have to be thankful for this and probably we know why.

Quote

And of course, the best skill that we need to learn in cryptocurrency trading is proper financial risk management. In other words, DYOR and only trade what you can afford to lose.

There should have a sort of limitation or else, we might spend more than the allocated money. And that was it called Financial Management. If we know how to run a business, we can also apply it here and I believe it was worth enough.

bonyaserg

jr. member

Activity: 1876

Merit: 5

For myself, I understand the crypto market in this way, any coin tends to fall in price and also rise in value. And in order to make a profit, you need to closely monitor the crypto market. And as soon as the price of a coin drops sharply, you immediately need to buy and wait for growth in order to sell. And not wait for very big growth. Namely, the profit will be obtained from small growth, but this profit is always constant.

LUCKMCFLY

legendary

Activity: 2492

Merit: 1869

Leading Crypto Sports Betting & Casino Platform

Quote from: Distinctin on December 27, 2021, 04:49:08 PM

Quote from: LUCKMCFLY on December 27, 2021, 04:07:35 PM

Quote from: ?? on ??

This is the main problem because no one knows when will be the right time to buy alts. Because sometimes it is not on the price weather it is high or low sometimes we also need to consider the kinds of altcoins that we buy, there are a lot of high price altcoin that can still make a 3x profit and there are also very low price altcoin that can still make us loss. We buy the dip? It is less risk but still no assurance because we cannot control the price I think the best way to earn is to select the proper altcoin to buy even price is high.

When it comes to buying it is good to always keep in mind that the best thing is to know how to choose the altcoin, in my case I do not choose an altcoin that comes from a nascent project, this is something that is also buying to try your luck and I would not be thinking with reason In the case of BTC it is different because BTC is a safe currency, in case it goes down, I have the full conviction that the price will rise at any moment, or even if I have to wait some time I know that will happen, I would not risk with altcoins new, for now I would go with altcoins that have a lot of community and a relevant future.

For me, i still go with the basic buy at the dip and sell when its peak. With bitcoin and altcoins, for me it still works. But there is higher risk when it comes to altcoins particularly for new projects as they tend to have high potentials to have higher value at first, but when the market suddenly dumps, unfortunately most of them did not recover again. So if you want to be more secured when you invest, go with the old and prominent projects as they have sustain their position for a long time, and if the market suddenly makes a correction, they never fall so deep as they can recover easily from any type of dumps. That's the advantage if you stick to old, yet strong projects.

You are right, in fact there is a very common practice in trading that has been applied for months, all this was started by the NFT games and consists of participating in a whitelist to buy tokens in a private sale, then in the public sale sell at the pump, this way a good profit can be made, of course there are people who like games, but since many NFT games have been in decline, what they are already opting for is private sales and then public sale . Of course this does not imply marrying the token or currency, and although it is risky, many who take this risk have obtained good returns.

StLucifer

member

Activity: 199

Merit: 10

Buying alts begins when you did a good research on trusted and reliable sources that will provide you the best outcome. You should see them at coinmarketcap listed with cheap price in each coins or tokens, but make sure that altcoin has a consistent volume at popular trading sites. That's very important to determine how it will go along the way by the time altcoins glory will come.

Sirait

full member

Activity: 1890

Merit: 101

1xBit 🏆 │ NotYourKeys.org

Quote from: SOCAR on November 12, 2021, 04:32:40 PM

Hello friends,

For the first time today, the right light for the cryptocurrency market came on in my head.

Everyone asked themselves the question of how to buy coins at the right time. I wanted to share my experience on these issues.

I try to follow the news about the listing of promising coins on different exchanges, this is almost a 100% chance that after listing the coin will take off, it has been proven more than once from my own experience. For example, now I have bought coins for a budger and nwc, which will soon have a listing on huge exchange. I am sure that the price of these coins will rise immediately.

What do you think of this strategy? How do you define a buy zone for yourself?

Crypto coins that have just been listed on an exchange will certainly experience a drastic price increase when a new trade is opened but you have to be careful because after trading on it is not the potential for the price of the coin to fall very large and that has happened to many new coins/tokens.

Zanab247

full member

Activity: 1190

Merit: 126

Catalog Websites

Here are some ways to buy altcoins at the right time:
1) Buy when the price is low: The moment you discover the price of the altcoin is low in the market, don't wast your time to buy and hold for future
2) Buy when the supplier are surplus in the market: Anytime you visit the market and you discovered the suppliers are more than the demand in the market, show it's the right time to buy an altcoins.
3) Buy whenever your Facilitators are buying altcoins in the market, It show the price will soon increase any moment from now. Anyone that buy at that moment will have every reason to thank them later for the massive income.

cheezcarls

hero member

Activity: 2254

Merit: 658

Revolutionized copy gaming platform

As of right now, I don’t think there’s a “right” or “perfect” timing for us to buy some specific altcoins because you cannot control the market. It’s very unpredictable. In my own opinion, my strategy in buying specific alts is if they are in a long consolidation period or in a “treading water” mode for a number of days, weeks or so before I could see a big move whether if it’s going up or down in value.

And of course, the best skill that we need to learn in cryptocurrency trading is proper financial risk management. In other words, DYOR and only trade what you can afford to lose.

trade818

newbie

Activity: 5

Merit: 0

First find the liquidity void's then determine buying zones with S/R then use candle patterns to find the buy points, these void's are like magnets for price to get to...This may help by not trading but converting coins vs selling the profit...search out Fuzzycrypto on YouTube he's a newbie on the tube but has a great strategy.....hope this helps

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: Peanutswar on January 05, 2022, 12:52:23 AM

Even though support and resistance is just a basic thing it helps a lot because it's already a hint for us if the market trend is a good thing or not but of course not all the time it works it depends on the large number of investor would like to sell it hold their assets. Like farming tokens right now it's no hope if there's no other burn mechanism to lessen the supply. Always check too the large holders because once they got their profit might sell and causes to panic selling others too.

It definitely did helped out a lot for me because support and resistance could be ignored during the hyped periods but could be very important during other periods. I personally feel like there is going to be some sort of break through the resistance eventually but until that happens the resistance is where we stop going up and support is where we stop going down. I am not saying that they are the only things that matter, obviously there are other stuff as well but that doesn't mean that we should not be checking it out neither.

There are some indicators that we could ignore more than we could ignore support and resistance levels, like for example having MACD or RSI checked every minute, it is really not going to change much at all.

Topic: How to buy alts at the right time? - page 2. (Read 996 times)