Topic: How to know when to BUY? - page 16. (Read 2072 times)
Yes you are on the right track, the only thing that you're missing is your experience. Because even if you have read all the pros and cons on when to buy, how to buy or at what exchange site to buy the only thing that will make you a good trader is through your experience. Even those who traded a couple of years already would tell you the same thing.
I usually start to bu coin if it is already down at least 40% after its peak. And i dont go all in. I buy only 20% from all my budget for investment. If the coin going down further the i will buy it again 20% more. Until i run out of my amunition or untill the coin bounce back. In crypto world you can start buyin when good coin going down arround 40%
It is hard to define at what time are we going to buy some coins that have a potential to grow up immediately, for me if there is a dip price i will go on background check that kind of coins if there is a potential to pump there value at any moment before i buy on it.
For me as long as you buy low and sell high,you will really gain much profit in the end.The previous months were such a perfect time to buy bitcoin since the prices are very cheap and affordable.Today's price might not be considered high,but if you wish to buy bitcoin,just wait for some dips so you can buy them at a low price.Still, it is always a good thing to know when to buy or when to sell or when to get out of a market completely to re-fix a new position which only knowledge about analysis can help but without that, it is really going to be more like a gamble.
Its very difficult to tell but you should analysis it when coin price is up and down then you buy some coin. but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.
For this, definitely there is nothing right now that can measure and tell you best time for buying or selling. This is all about your thinking and observation you made over the market. Everything comes with experience so whatever you do in the market, try to grasp best possible analytics over different conditions and situations. Only then you would be able to become a good trader. 
Another thing I would also recommend is paying attention to media.
Reason I say this is because:
- feedback is important whether positive or negative
- critical reviews by professionals
- using certain things such as telegram, Facebook, Twitter and various other tools play an important roll on how a project is coming along.
Afterwards comes down to your own judgement whether you want to invest or not.
Well, that is if you want to go with the fundamental analysis aspect of trading but I would not recommend just that since you cannot do with it alone to be able to get the best of the market. As far as I am concerned, it still makes more sense making use of technical analysis with your fundamental analysis to be able to make the best decision in your trade.Reason I say this is because:
- feedback is important whether positive or negative
- critical reviews by professionals
- using certain things such as telegram, Facebook, Twitter and various other tools play an important roll on how a project is coming along.
Afterwards comes down to your own judgement whether you want to invest or not.
I really do not always use most of the time fundamental analysis though, and I have been doing hugely well. As long as you have great knowledge on how to analyze the market and do your thing effectively, then I see no reason why you should have a problem at all, no matter your style of trading.
Moreover being a long term holder, I do not worry on where I am buying because all the prices are good to buy and hold when you are targeting millions of dollar value for your bitcoins. This is what exactly I am doing. I am not deciding my buying just by price levels of bitcoins but by the available excess funds for that month.
Its very difficult to tell but you should analysis it when coin price is up and down then you buy some coin. but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.
There is no specific time to buy bitcoin, because it depends on the need and if you need to invest your money in bitcoin then every time is the right time. Don’t be panic to wait for the right time. The price is growing and it reached almost 9k. If you have money, buy some bitcoin and hold them for some time if you want to make money against your investment.
Another thing I would also recommend is paying attention to media.
Reason I say this is because:
- feedback is important whether positive or negative
- critical reviews by professionals
- using certain things such as telegram, Facebook, Twitter and various other tools play an important roll on how a project is coming along.
Afterwards comes down to your own judgement whether you want to invest or not.
Reason I say this is because:
- feedback is important whether positive or negative
- critical reviews by professionals
- using certain things such as telegram, Facebook, Twitter and various other tools play an important roll on how a project is coming along.
Afterwards comes down to your own judgement whether you want to invest or not.
Follow some experts like ohheymatty, Ianbalina groups on telegram and understand the hype coins. After then, complete your own research before investing in any altcoins. These days, many of the ICOs who are raising Millions of millions are turning to be scam. It is very important to complete a research before investing in any of the ICO, as it is not established, we cannot invest on any of the coin just blindly.
I will check the below things before I invest my time and money in any of the Coin:
1. Their team strength
2. Roadmap of the project
3. Marketing strategies in improving the project
4. Market demand on the project they doing it (whether the product they come up with is unique or just copying the existing one)
5. How the support of the team/ are they available anytime- which helps in understanding their customer success, which will be a backbone of the project.
6. Follow the conversations they are doing in their community for few days before purchasing the coins.
7. Recent news about the project
8. Reviews about the project.
I will check the below things before I invest my time and money in any of the Coin:
1. Their team strength
2. Roadmap of the project
3. Marketing strategies in improving the project
4. Market demand on the project they doing it (whether the product they come up with is unique or just copying the existing one)
5. How the support of the team/ are they available anytime- which helps in understanding their customer success, which will be a backbone of the project.
6. Follow the conversations they are doing in their community for few days before purchasing the coins.
7. Recent news about the project
8. Reviews about the project.
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.
In my opinion, just but today because the price is still lower as compared last year. Also, you need to know your goals in trading. For me, it is better to invest for a long term period of time because it will give you much income in the future. Also, it is better to just invest the money that you can afford to lose. Just buy low and sell high is still the best and effective strategy in trading in digital currency.
It is hard to define at what time are we going to buy some coins that have a potential to grow up immediately, for me if there is a dip price i will go on background check that kind of coins if there is a potential to pump there value at any moment before i buy on it.
For me as long as you buy low and sell high,you will really gain much profit in the end.The previous months were such a perfect time to buy bitcoin since the prices are very cheap and affordable.Today's price might not be considered high,but if you wish to buy bitcoin,just wait for some dips so you can buy them at a low price. 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.
I believe that this is a very good time for you to join and buy bitcoin, you can see that bitcoin prices in recent days have been increasing for days and it is hard for bitcoin to increase. price in long term. So I think you should buy bitcoin right now because we are bitcoin bitcoin price has reached the $ 19800 mark. 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.
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 a bullish market I just usually use stoch, rsi, macd, cci and some other simple checkings like updates and some rumors which I think have sense.
It is hard to define at what time are we going to buy some coins that have a potential to grow up immediately, for me if there is a dip price i will go on background check that kind of coins if there is a potential to pump there value at any moment before i buy on it.
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.
Do you see these two lines? once they have crossed each other at the bottom the price will most probably go up anytime soon - and that is, for me, the best time to buy... Another tip: look for a coin that is sleeping for a while, buy as many as you can, and then wait for a pump.
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.
All I do is look at the charts, look at buy wall and sellwall and do not choose a coin that is climbing or has gone up high.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.
It's very risky.
Look at the Bitcoin movement, if Bitcoin goes down then we'll see altcoin also down, that's the right time to buy the coin.
But what I like is when Bitcoin and altcoin are opposite, if Bitcoin goes up then altcoin goes down.
It's easier to guess because we're easier to buy altcoin because if Bitcoin rises a bit then altcoin will drop dramatically.
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.
The easiest way to know when to buy is precisely in circumstances similar to the ones we are in, after a huge growth in the price of bitcoin we saw a crash and for some time we saw a very low price, that is the perfect point of entry into the market you're basically buying at the very bottom, the only problem with such a strategy is that many people get very afraid that the price is going to continue to go down but if you can overcome that feeling you will see that buying at that point is the best thing you can do. 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.
When the low is conspicuous and the over reaction of the market of selling a particular asset is illogical and uncalled for, you should know that is the best time to buy. And if there is new lows then you should by more!
Its very difficult to tell but you should analysis it when coin price is up and down then you buy some coin. but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.
if this question is referring to bitcoin and other high-end coins, in this case, it is now one of the best moments of purchase, so as soon as the market will go up. 
There must be a reason why you should invest into a projects as investors and you must not invest into any projects if you did not know the right time to buy. Your buying decision is what actually makes you good money and to buy into a coins you must buy at the accumulated time and always buy at the bottom and sell at the top or distribution times.
A lot of people that have been victim on this kind of situation wherein they just invest but not making sure for if this is real and lefit one so knowing when to buy must make a startegy and study on it. Jump to: