Topic: How to know when to BUY? (Read 2072 times)
Of course, you will identify it in the flow of the coins if it is going higher or lower. If the price are currently down, invest as many as you can then wait for the pump of the coin. For sure you will earn by that kind of strategy.
In my opinion, it is very hard, maybe even impossible to predict where is bottom. Money losing value over time, so answer can be: BUY TODAY.
For sure nobody knows when to buy and when to sell but I think people makes decisions according to the market condition as when you see price is low then it will be the time to buy and when you see market is good you should sell, but now day market is not having such high ratings so time to buy than selling, holding is best thing we can do with our bitcoin saving these days just buy now and hold don’t be late a anymore as price is getting high rapidly. Not only that, I think I could write a lot more useful points here. But I don't want to reveal my secrets to anyone. Since a successful trader will not reveal his secrets.
Why did you ever write here then?? For the bounty message limit?Don't be robot for money.
Everybody who wrote suggestions is stupid, but you are clever, right? Yeah you..
Not only that, I think I could write a lot more useful points here. But I don't want to reveal my secrets to anyone. Since a successful trader will not reveal his secrets.
I do not recommend when the best time to buy because it is very difficult to determine the best time to buy ..
which I do the best time to buy is when the price drops there the best time to buy but go back to yourself what you would do to buy it or not.
which I do the best time to buy is when the price drops there the best time to buy but go back to yourself what you would do to buy it or not.
If my way to buy altcoin often see the price volumes first when it is very high usually I do not hesitate to immediately buy it so the opportunity to earn profits is still awake with the patience of the traders in making investments.
Buying are often and you can also make a move to buy when you already see that people are panic selling disregard but this is what you can also observe that this could be the best time of buying.
You should monitor the price of btc or any other coin that you are interested in and you should stick to the well-known strategy, which is to buy when the price is low and to sell when it is high! I think that this will help you to get profit
If my way to buy altcoin often see the price volumes first when it is very high usually I do not hesitate to immediately buy it so the opportunity to earn profits is still awake with the patience of the traders in making investments.
Buying are often and you can also make a move to buy when you already see that people are panic selling disregard but this is what you can also observe that this could be the best time of buying. Hello,
Can somebody explain how to decide buying an altcoin?
Let me write what I know;
Please correct and/or add other ideas to help noob traders like me
I will try to give merits to good posts as much as I can.
Thanks.
Can somebody explain how to decide buying an altcoin?
Let me write what I know;
- Check the coinmarketcap.com and choose ones with high volume
- Check the projects
- Check the chart, if it is pumped, don't buy, wait
- Check the chart, if it is dumping, wait low volatility
Please correct and/or add other ideas to help noob traders like me
I will try to give merits to good posts as much as I can.
Thanks.
Choosing an altcoin to buy is very difficult,with tons of alts popping out everywhere you really need to spend some time doing some research what good alts to buy.
When im buying altcoins im always looking at their *concept,use case and the team behind it.
*Joining their chat groups where i can have a chance to ask questions to the founder and devs.
*i usually ask things about their whitepaper,roadmap and projects developments
*if I'm satisfied with their answers and they really have good knowledge with what their doing its a good sign that those devs and founder are IN for a really serious project.
And for trading,all coins/tokens will always have their UPS AND DOWN..for me its advisable to focus on few alts rather than riding the hype and buying different coins everyday..a frequent monitoring of the market is really needed especially when you do day trading so its better to focus on few good ones rather than monitoring 25 kinds of different alts.with this you can still have time to monitor and have more idea about their price history,upcoming plans and project developments.
Someone just shared this strategy to me and its working good for me so Im hoping it work for you as well.There are lots of strategy you can use in trading,just always be open for sharing and discussion with other traders and you'll really learn a lot from it..
For me if i have a chance to buy a coin i will buy if the price will low because no one people buy in a high price if you have planning to invest because if you buy in a high price theres a possible your money will loss so that buy a coin if the price is low and hold and wait if you think you can get a profit so its better to buy in a low and sell if the price will expensive.
If my way to buy altcoin often see the price volumes first when it is very high usually I do not hesitate to immediately buy it so the opportunity to earn profits is still awake with the patience of the traders in making investments.
You can buy bitcoin anytime but theres always a good time like if the value price dump take the chance to buy at low price then just hold it and wait to pump again before selling right. Always monitor the market for you to know what is happening.
I set rsi alerts for over bought/over sold around the 20 or 80ish range. I dont set the alerts for coins with a low volume though. When I get the alert I go in and check the macd. If those things look good I determine if I want to try and scalp or hold it for a while.
If I decide to scalp I will check out the 5 10 15 and sometimes 30 or 1 hour charts. I will also check for news (the best I can) to Try and make sure I don't get in the wrong side of a pump and dump. If everything looks stable I'll usually go in and set my stop loss and either take a profit or take the L. I always try to keep my bank in btc. I dont really trust the usdt stuff yet.
If I decide to scalp I will check out the 5 10 15 and sometimes 30 or 1 hour charts. I will also check for news (the best I can) to Try and make sure I don't get in the wrong side of a pump and dump. If everything looks stable I'll usually go in and set my stop loss and either take a profit or take the L. I always try to keep my bank in btc. I dont really trust the usdt stuff yet.
No secret that the best time to buy crypto, when price is very low and all newbies are in panic. It's only bad idea to buy cheap shit coins. Better to choose smth from the top of coinmarket.
Definitely there's no specific best time to buy bitcoin because anytime bitcoin is keep on constant changing, unpredictable and definitely unstable because this is what market looks like. But weme have this basic rules of trade in terms of buying which is buying at dump value and sell at pump price.
Just set your own goal in terms of price when you want to buy and start trading Bitcoin. It is always best to buy low and sell your Bitcoin when the price rise and become high enough and set another goal to hit for you to have a changes in terms of earning and development on your scale in profit in the future.
It is a general market decision and this first decision as you will enter into the market by buying something or investing with something. You have to buy a product in a low market that will charge you less for large quantity products. Similarly, if you want to invest in crypto market and in the most valuable coin you need to enter by buying the coins in a low market and the current market is favorable for investment or trading. No secret that the best time to buy crypto, when price is very low and all newbies are in panic. It's only bad idea to buy cheap shit coins. Better to choose smth from the top of coinmarket.
Definitely there's no specific best time to buy bitcoin because anytime bitcoin is keep on constant changing, unpredictable and definitely unstable because this is what market looks like. But weme have this basic rules of trade in terms of buying which is buying at dump value and sell at pump price. 
most trader do while they want to to buy are looking at chart.is it show buy signal that confrim with bullish candle or bullish pattern.if it appear in their chart so they entry to market.
it is a simple but difficult thing, if you look at the red market maybe it could be more down again. advice I see the market for a week if the market stays below you can buy it.
I think these are all correct in which buy the dip is the most common strategy by everyone and yes of course just make sure that the commodity of the coins are all feasible. Sometimes in a bad market it is too stressful and tiring studying charts so most experienced people will just do it long term or put everything on standby unless they can see some signs In ICO, you should research team and look their whitepaper and you should not stay close to scam projects. But, the altcoin are in any exchange you should follow it for any news.
I think technical analysis can not help you at the moment, the market is volatile and hard to kick, you can see that bitcoin prices are fluctuating strongly and are in a bear market. Technical and fundamental analysis also help you find the right time to buy but you beed more than that. You can also research the recent prices of the coin including its lowest low I buy when i see situation like today as bitcoin and ethereum has both gone down today with 7 and 10 percent respectively so it is a good time to buy them at a lower price,,,it may recover in the next couple of days again so it can give some good profit in a short time.
For this, better research is always appreciated. The thing is, we all are working on this bitcoin and some are doing on some other altcoins as well. These coins are of such big potential that we can change the whole life style by using them and earning form them in a drastic way. If you have more available time, try to monitor the market constantly and observe their price activities
You can only know the right time for buying of the crypto coin whether it is bitcoin or any other at time when you are continuously observing the market value of the crypto coin. If you know how to read charts then spotting a peaks and dips shouldn`t be so hard thing to do. How to know when to buy, buy in the dips, how to know when are the dips, they usually come after drops. Be more involved, read every day about price changes, future announcements
Jump to: