Topic: How to buy alts at the right time? - page 4. (Read 1008 times)
There are so many ways for us to buy altcoins here in the cryptocurrency dude, especially nowadays almost the majority of the altcoins are actually down in the market where obviously, it is a good to buy in the dip then hold in the long term as well until the their price value will get bounce again in the market.
Not quite risky but indeed very risky specially into those low cap coins that you would be dealing with.Knowing about those right times to buy is something connected with those corrections which presumably the best
time to buy but its not the actual bottom that we do speak off because the market is always been unpredictable and there's no way that you could just simply go in without any basis or analysis.
You would only know if its the right time you had decided on is on when you do make profits out of those investments that you had made. You couldnt determine it on early phase
but due to experience you would able to find it out.
Here's the thing, every type of investment out there is ALWAYS risky. There's never a type of investment that isn't risky, even with Bitcoin. Unless, well, it's a scam. There's absolutely no risk, just simply a 100% chance of you losing money. And that's why it's always advised to spread your investment to multiple coins instead of a single one, that way even if one crashes, you wouldn't exactly lose a big amount all at once. The only chance of that happening is if everything you invested in crashed, which is more unlikely than one coin crashing. time to buy but its not the actual bottom that we do speak off because the market is always been unpredictable and there's no way that you could just simply go in without any basis or analysis.
You would only know if its the right time you had decided on is on when you do make profits out of those investments that you had made. You couldnt determine it on early phase
but due to experience you would able to find it out.
[snip]
I am very careful now when investing in altcoins and a decent market cap is a must at least for me before I make any investments at all. Then once the market cap is decent, I join their telegram and see whether the team has a solid presence and answering legit questions and if they are actually actively working on something. Last what I do is, I check the price for the token and estimate how much the market cap would be if the price jumps by how much.
Well we should --altcoins investment is quite risky and it needs more time to study the potential of the coin and how active the developer developing on it. Because most likely altcoins are usually in a short-term period which is it seems like a gamble to me. It could be good to buy when at the correction time because at this point you will still get profit when the price goes up, but as I said, --it is risky because you will perhaps be stuck up there at that price and will never grow up. The sign of buying altcoin could be, have real use of altcoin and use its own blockchain network, perhaps that will work because in my own I only invested bitcoin, not on altcoins. I am very careful now when investing in altcoins and a decent market cap is a must at least for me before I make any investments at all. Then once the market cap is decent, I join their telegram and see whether the team has a solid presence and answering legit questions and if they are actually actively working on something. Last what I do is, I check the price for the token and estimate how much the market cap would be if the price jumps by how much.
time to buy but its not the actual bottom that we do speak off because the market is always been unpredictable and there's no way that you could just simply go in without any basis or analysis.
You would only know if its the right time you had decided on is on when you do make profits out of those investments that you had made. You couldnt determine it on early phase
but due to experience you would able to find it out.
Everyone asked themselves the question of how to buy coins at the right time. I wanted to share my experience on these issues.
.......
What do you think of this strategy? How do you define a buy zone for yourself?
At first, I also always think what is the right time of buying altcoins? When they are new to release? When the price has dipped? When the price starts rising up? or when is the right time?.......
What do you think of this strategy? How do you define a buy zone for yourself?
I tried to do them all, but I realized that it is more complex than what I think.
In my opinion, the right time to buy is when:
- We are ready to exactly buy altcoins with all risks
- We are buying altcoins not when the price is highly raised, but when the price starts rising up, noted, this is for coins which are listed on top exchanges.
- We buy some altcoins when they are new, but ensure that we buy them before hype with small amount only, and sell once we have certain profits.
- Buy when the price drops at certain rate, do average on these some top coins
- Buy when the coins are exactly valuable both for short and long term investment, not the meme coins or hype coins.
Now is the time to buy altcoins while the price of the majority top coins in the market are not moving yet as often according in the chart graph. As you can see the resistance is very smooth and we know that anytime it can suddenly pump and dump the price more where it could be after a minutes, seconds, hour, day, weekly or weekend.
I always feel when the market is subdued, it's best to either stay away from investing too much or just buy Bitcoins which we all know will never become zero, unlike other coins. That or you can buy solid coins like BNB or ETH because they have a real use case and tokens are built on them so they won't collapse overnight.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.
It's almost as if the market has been divided into 2 sections. The ones who like high volatility trade new altcoins and the ones who are serious investors or traders and cannot afford to risk in the volatile altcoin market are sticking with BTC or just known alts that are in top 20 in the CMC.
[snip]
I am very careful now when investing in altcoins and a decent market cap is a must at least for me before I make any investments at all. Then once the market cap is decent, I join their telegram and see whether the team has a solid presence and answering legit questions and if they are actually actively working on something. Last what I do is, I check the price for the token and estimate how much the market cap would be if the price jumps by how much.
Well we should --altcoins investment is quite risky and it needs more time to study the potential of the coin and how active the developer developing on it. Because most likely altcoins are usually in a short-term period which is it seems like a gamble to me. It could be good to buy when at the correction time because at this point you will still get profit when the price goes up, but as I said, --it is risky because you will perhaps be stuck up there at that price and will never grow up. The sign of buying altcoin could be, have real use of altcoin and use its own blockchain network, perhaps that will work because in my own I only invested bitcoin, not on altcoins. I am very careful now when investing in altcoins and a decent market cap is a must at least for me before I make any investments at all. Then once the market cap is decent, I join their telegram and see whether the team has a solid presence and answering legit questions and if they are actually actively working on something. Last what I do is, I check the price for the token and estimate how much the market cap would be if the price jumps by how much.
Its all about the project hype and their future roadmap. If the project has best community amd their roadmap shkw that they will release something new or Cex listing then i think its right time to buy.
Sometime project dump hard after listing so we should be careful there always take partial investment. If the token dump we will be able to buy at low.
Investing looking into the project's roadmap is the phase before the ICO or whatever. Nowadays no matter how cool the roadmap is and how cool the website and idea is, they can all be built quite easily by a designer and team specialized in doing so and that doesn't always reflect the intentions of the team working behind the project.Sometime project dump hard after listing so we should be careful there always take partial investment. If the token dump we will be able to buy at low.
I am very careful now when investing in altcoins and a decent market cap is a must at least for me before I make any investments at all. Then once the market cap is decent, I join their telegram and see whether the team has a solid presence and answering legit questions and if they are actually actively working on something. Last what I do is, I check the price for the token and estimate how much the market cap would be if the price jumps by how much.
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.
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.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?
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?
Now is the time to buy altcoins while the price of the majority top coins in the market are not moving yet as often according in the
chart graph. As you can see the resistance is very smooth and we know that anytime it can suddenly pump and dump the price more
where it could be after a minutes, seconds, hour, day, weekly or weekend.
~snip~
Buy the dip as always but this one is only applicable into those altcoins which does have good liquidity or volume at least you do
have somewhat some security that you are dealing with the right thing.
^ And the fact is that we don't know when will be the exact time of buying and when is the right to that you will consider altcoin is on a dip. Buy the dip as always but this one is only applicable into those altcoins which does have good liquidity or volume at least you do
have somewhat some security that you are dealing with the right thing.
Altcoins investment is very risky than the BTC, that is why I feel safe when I am investing BTC than the altcoins which are we don't know which of them have a potential in the future. There are so many projects that it seems good to be true, but they always ended up as a scam or they abandon their project and probably looking new for a new project. However, none unless altcoin that has been proved already themself. We should be always skeptical when it comes to investment and there should be DYOR always.
Everyone buy coin or token when market dip and sell when price pump and get profit from it.I Think It's totally depends on you.When you are a milliners then no matrer how much prices coin. You can you buy any time to invest in long term hold.small investot should have to buy most valuable coin and select the profitable coin.
We weren't sure how to dip the price can be, I’d been eyeing some coins before that I wasn't able to buy until now since the price I saw them before didn't go that low again so I suggest when the hype just started buy and sells it once the hype went too loud especially if these are the coins that are only good in the short term. IWe must identify whether that coin has a chance to dip more or if it's already at a dip whether it will rise again since there are already many coins from ICO projects now that lose their value.However, those tokens who have dump their value do not mean that they are irrelevant already. Maybe observe first before you consider buying them.
since there are lots of scams on this market or ending up on holding for long term because the price had plummets down hard.
Buy the dip as always but this one is only applicable into those altcoins which does have good liquidity or volume at least you do
have somewhat some security that you are dealing with the right thing.
Everyone buy coin or token when market dip and sell when price pump and get profit from it.I Think It's totally depends on you.When you are a milliners then no matrer how much prices coin. You can you buy any time to invest in long term hold.small investot should have to buy most valuable coin and select the profitable coin.
We weren't sure how to dip the price can be, I’d been eyeing some coins before that I wasn't able to buy until now since the price I saw them before didn't go that low again so I suggest when the hype just started buy and sells it once the hype went too loud especially if these are the coins that are only good in the short term. IWe must identify whether that coin has a chance to dip more or if it's already at a dip whether it will rise again since there are already many coins from ICO projects now that lose their value.However, those tokens who have dump their value do not mean that they are irrelevant already. Maybe observe first before you consider buying them.
We invest in some projects by analyzing road maps and future development charts. If they choose the centralized exchange then I. I fully invest in that project without any hesitation.
when the price declines like this time, buying is a good choice. but to anticipate the next decline, then leaving capital to buy back for the better.
It is not always a good time to buy once the market is in a decline phase. We need to analyze how's the market goes down, and what probably happens in the near future. We must learn and update the current issues/news about crypto. If there is too much negative news spreading, I suggest not buying any single coin. Those negative news may lead the market to drop more, BTC can decrease the value severely. As the result, altcoins will follow to free fall constantly. So, the best time to buy is when much positive news spreading again and BTC price gradually recovers.and analysis first of the coins that we will buy, besides we can predict whether the price of the coins will go down again, we can also judge the coins
are worth buying or not. Because not all coins are good to buy, if we choose the wrong coins for investment, then we buy the coins at a low price will not
make us profit. It is true that a market dump is a good time to buy coins, but it is necessary to analyze it first before deciding to buy. So besides being
able to avoid investing in the wrong projects, we are also more effective in generating profit.
However, i still think that the best time to invest is in time of dips. You will have more chances to be more profitable in the future if you can buy potential coins at their lowest prices. But not all low priced coins are considered profitable in the future, some are shitcoins that will never grow their value. So be careful in buying in dips.
This is the importance of educating many people, never be lazy to learn about the crypto world first, before finally deciding to invest in crypto.
As you said if we invest but don't understand what we are buying, it will only make us lose and waste our money. Therefore if we look at most
people who fail in the crypto world, because they do not understand how the crypto world works, they rely too much on other people's analysis
when choosing coins to buy. So we have to be able to analyze the market properly first if we want to make a profit in the crypto world.
Therefore determine the right time to buy coins, can only be done by people who do have good analytical skills first. But regarding shitcoins which
are never suggested to be bought, because the risk is very high, there is a possibility that the price will not increase even though the crypto market
has recovered. So I suggest investing in top coins which are safer for investment.
Its all about the project hype and their future roadmap. If the project has best community amd their roadmap shkw that they will release something new or Cex listing then i think its right time to buy.
Sometime project dump hard after listing so we should be careful there always take partial investment. If the token dump we will be able to buy at low.
Sometime project dump hard after listing so we should be careful there always take partial investment. If the token dump we will be able to buy at low.
My strategy and the most effective way is the Fibonacci retracement tool whenever I see a up trend and down trend and was showing a pull back I always use Fibonacci to double check where are the possible end of a pullback but it is more effective if you are going to use some other strategies such as RSI, EMA or candlestick reading.
combining several trading indicator tools will be very useful.actually using 1 indicator is enough, such as Fibonacci, but other indicators also need to be studied and understood to make better and more accurate market predictions.
Everyone buy coin or token when market dip and sell when price pump and get profit from it.I Think It's totally depends on you.When you are a milliners then no matrer how much prices coin. You can you buy any time to invest in long term hold.small investot should have to buy most valuable coin and select the profitable coin.
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.
All these recommendations fully apply to the purchase of altcoins, however it is necessary to emphasize that it is always good to buy when BTC is about to be in a bullish trend, and above all that the BTC market is in the correct stage, because if you buy Altcoins in the accumulation stage you have to wait as long as possible until the BTC rises in price and so the altcoins do, you also have to take into account that the altcoins should not be bought when the BTC market is in the stage of Distribution, because it is when millionaires sell and therefore the price of BTC goes down and when the altcoins go down a lot they suffer a lot.
You are right, really that what seems to give good results is only Hodl and waiting for the BTC to rise in price again, the important thing is not to fall into despair, because one day the market has to rise in price again and the Altcoins clearly obey the BTC market, none of them have a life of their own, some currencies like BNB move at a certain well-accelerated pace, but they tend to give some surprises, at a time BNB did not move down despite BTC falling in price, And it was because of the NFT gaming projects, who always made their good investments, as the NFT effect has been waning, the BNB has less resistance and falls easily.
My strategy and the most effective way is the Fibonacci retracement tool whenever I see a up trend and down trend and was showing a pull back I always use Fibonacci to double check where are the possible end of a pullback but it is more effective if you are going to use some other strategies such as RSI, EMA or candlestick reading.
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