How to know when to BUY? - page 8. | Bitcointalksearch.org

tesla80

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Quote from: Oceat on May 18, 2018, 07:44:01 PM

Quote from: tesla80 on May 18, 2018, 06:43:02 PM

Why nobody improves my original list with short and simple steps? It would be great if we can create a list of conditions which increases possibility of truth for buying.

Because no one is likely to give their secrets? Cheesy

Well, you can figure it out while reading some of the posts here and it is your job to find and sort it. Grin

Because for me, you will only know when to buy when the price is dumping with some certain factors like e.g. fork, price manipulation(it is common), prices of altcoins started to dump when Bitcoin dump.

What if their secrets are wrong? I think the strategies are changing every day slightly. Nothing is stable here, nobody can earn with a fixed logic for a long time.
So their secrets are passed out or they are changing. If everyone who read this thread learn how to buy correctly, that will not effect the total community.
Anyway, I'm brave enough to share what I know.

Geurangsang

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Chainjoes.com

I think coinmarketcap just give information about some coinand their market history and not explane what happend in the market. If you stack with about how to make decision when you will buy or sell, you can use tradingview.com. in tradingview.com, you can get more information about market analyzing that shared by some expert and that can be support you to decide. It also give technical analyze with calculate dan compare results of some analyze method to give clue when good time buy or sell.

kyucryp

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Quote from: tesla80 on April 17, 2018, 06:00:56 AM

Hello,

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.

I really agree with your points.
to buy, definitely the first thing to do is check the coinmarket then look for that high volume coin trading it.
examining a project from the coin, is important. because the project will affect the interests of investors.
and importantly, to see the price rises or fall of the coin to be purchased
I suggest, to always be patient in making a purchase, do not be in a hurry so there is no regret in the end.

Oceat

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Quote from: tesla80 on May 18, 2018, 06:43:02 PM

Why nobody improves my original list with short and simple steps? It would be great if we can create a list of conditions which increases possibility of truth for buying.

Because no one is likely to give their secrets? Cheesy

Well, you can figure it out while reading some of the posts here and it is your job to find and sort it. Grin

Because for me, you will only know when to buy when the price is dumping with some certain factors like e.g. fork, price manipulation(it is common), prices of altcoins started to dump when Bitcoin dump.

intoy_victor

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Quote from: tesla80 on April 17, 2018, 06:00:56 AM

Hello,

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.

You know this is really common suggestions but it ia true you need to follow this steps to be successful traders. But my point is I'm seeking for rare and something different way. Anyways for now just follow that all steps.

tesla80

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Activity: 448

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Full Stack Engineer

Why nobody improves my original list with short and simple steps? It would be great if we can create a list of conditions which increases possibility of truth for buying.

kolega

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Activity: 294

Merit: 11

When prices rise and trade volumes do not increase, this may mean that the price is raised artificially. Then it's better to wait. If prices grow and volumes grow, then you can think about buying. Of course, you also need to look at other factors, including trading indicators

ronsaldo

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It is good to buy at the time when the price of the coins is below from it's normal price, in this case you can earn profits if it back to it's normal price or even higher.

MaidaKalani

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Advice from me, if you want to trade altcoin by way of first memorize the price of coin in the market. After that you just choose a coin that has a fast movement. And of course you have to buy when the price of the coin has decreased, lest the price of coins have gone up even you buy. may possibly increase again, but it will be very risky and you should see more people buying or selling the coins. If more people buy then the possibility of coin prices will increase and will lose if many sell it.

Maddinson100

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Quote from: enwi on May 12, 2018, 09:06:57 AM

to know when to buy is to see the market, whether the price in the market is currently down or up, if the market becomes red and the price drops then it is a good signal to immediately buy

This knowledge comes from the market studies and observation. The more you are in the market and playing the little games, the more you would know when to go big in the market. But this also requires basic knowledge about the technology you want to invest in. When there in stability in the values of the coins you want to invest in, that is actually the right time you should invest.

Altcoins enthusiast

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The simplest ways to know when to buy is to follow the news and some twitters account and watch the chart. If you buy low you will always makes money. Many of us always buy into a coins at a wrong time that is buying a coins at a higher price or when the price is at the over bought area.

redsun114

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Quote from: enwi on May 12, 2018, 09:06:57 AM

to know when to buy is to see the market, whether the price in the market is currently down or up, if the market becomes red and the price drops then it is a good signal to immediately buy

Every individual in the economy tends to minimize the cost. There are logical reasons for it as well besides common sense. So when you are able to get a commodity in the market at a low cost, you would of course buy it because the cost in minimized. In case of Bitcoin, when the prices are increasing smooth and steady, that is actually the time when the demand is high and if invested, would give supernormal profits in future.

richcorner100

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https://exip.live/

When the price in the bottom and long consolidate is good times to buy it, because when price of crypto on oversold will be more possible the price will going up. When the total market cap just like now is hard for crypto to go all the times high, so dont be greedy when taking profit, buy back at lower price when the price down, zigzag strategy is good strategy in the current situation of market.

Monnt

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Quote from: beezare on May 08, 2018, 07:15:23 AM

the best time to buy and invest is of course when the bitcoin price is low but I think you can invest anytime on any price because bitcoin will continue to grow and will be a coin that remains profitable

It is good but not necessary that when then price is low you should buy coins because if the price is high then what will you do/ will you never invest in crypto? I think it is the right time. Price is not a problem is increases with the passage of time. Just need patience and coolness. It is the best time to buy any coin you want. Don’t panic about the price. Tomorrow it will higher.

Maus0728

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Quote from: Twinscoin2017 on May 09, 2018, 03:03:02 AM

Quote from: mriansa on May 09, 2018, 02:52:31 AM

there are some tricks and tips to know when the right time to buy and the right time to sell, I will provide information that can provide direction for you, the right time to buy is when the price goes down and when the price is red, and you can sell it when the price is back green, never buy when the price is green and never sell when the price is red.

The right time to buy is always in the low price status. The bitcoin will really rise soon and if we are going to buy bitcoin today we can really gain a huge amount of profit. So then buying bitcoin in a verry low price is an advantage I think we need to buyvbitcoin today because bitcoin will rise soon and we can all gain a huge amount of profit.

Is bitcoin always as good indicator when we are going in buying and selling other crypto/altcoins? What if the altcoin I chose dips more rather than bitcoin? How will we know if the altcoin will dip more? I just want to maximize my trading profit. I know that we cannot easily predict the market movement, that's why the integral part of trading is very important.

Shazxdx

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Quote from: metenjean on April 17, 2018, 07:07:33 AM

I think the best reasons to buy an altcoins is mainly to consider their project whitepaper and dev team because there are lots of altcoin with similar project and shady developer. However there are also many project that doesn't seems to help making human life easier and mainly focusing in maintaining their price after ICOs and after entering the market.

Quote from: tesla80 on April 17, 2018, 06:00:56 AM

Check the coinmarketcap.com and choose ones with high volume

High volume doesn't mean that coins will last long or the project will continue in the long term, if you're a short term trader then this might help you however if you're a long term investor then this doesn't make sense at all since coinmarketcap volume only shows the last 24H.

Quote from: tesla80 on April 17, 2018, 06:00:56 AM

Check the chart, if it is pumped, don't buy, wait

You should know that a rise happened when the price is pumped, if you're waiting then you should underline how long you will wait until you want to buy. Is it after the correction? Is it when the price created a new high? Most people tend to buy when the uptrend already over and considered a new dowtrend as a corrections. Its better to follow the whales then to swim against it.

Quote from: tesla80 on April 17, 2018, 06:00:56 AM

Check the chart, if it is dumping, wait low volatility

You can't predict a pump and dump just by looking the chart, a dump in lower 5M timeframe doesn't even mean a thing when you consider 1D volume, each chart has their own volume and volatiliy. You should consider what kind of investor you want to become, is it a trader with lower timeframe (5M,15M,1H) for trade or an investor with higher timeframe(4H,1D,1W). For the record, if all you do is waiting when the price is pumped and dumped, then its better to wait in the sideline and not try to invest at all because there is no perfect time to do an investment unless you already created a plan to overcome the lack of information.

Very Informative post. Thank you for explaining.[/list][/list]

sabarr

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when to know when the right time to buy of course by looking at the current market, if the market becomes red then it is time to buy immediately because the price of coins will definitely change again

dogolitic

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Bitcoin price is a very good indicator of when to buy. altcoins tend to follow the price of bitcoin except for stable coins and tether

tonyvo2017

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Quote from: tesla80 on April 17, 2018, 06:00:56 AM

Hello,

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.

That is a basic strategy and earn a lot of money. I am applying the above strategy and it is quite effective. In addition, if you do not want to lose money when the market goes down, you can transfer all your coins to USDT. Preserve your money and wait for the market to go down. Wink

TRAID

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You'll never get a perfect trade (buy at the very bottom and sell at the very peak) unless you get lucky. The rule of thumb is to buy when it's dropping and sell when it's rising.

Topic: How to know when to BUY? - page 8. (Read 2030 times)