Topic: lowest price period ? - page 3. (Read 2198 times)
I also noticed that some people were posting here that bitcoin is going to fall in September and that has happened and since this is what we have seen then some months bitcoin will fall than others.
I do not think there is a particular month or period of the month that is set aside for low price of crypto but this happens when the is in bear and there is less demand for con. You want to buy any coin, this is a very good period for you to buy as much as you can because the price is very low now because of the bear and if you hold for long term, you will earn profit it as long as it is a potential coin.
I think now we are having the lowest price for the whole year in almost all the coins. Yesterday we had a big price drop in all the coins. I don't know why that happened. Also I have no idea if the price down more or not. Usually this is a very good level to buy ETH and BTC I think.
Based on past historical trends, the May-August months are usually the months where we experience shifts in trends. This is probably true not just for the crypto market but for traditional markets as well. The reason for which, i don't fully understand, but have to do with fiscal cycles.
I believe this is even where they got the saying "sell in may and go away."
I want to believe the fiscal cycles may actually be the case in these scenarios. Looking at the shift in trend again this year, hugely within this period, one would say this is a period where low price is imminent for most assets. From cryptocurrency to gold to silver, name them.I believe this is even where they got the saying "sell in may and go away."
This is the first time I am going to be getting to know about the adage, sell in May and go away but as it is, the downtrend, actually already started for the crypto market before may, so one way or the other, you may still want to be very careful of judging the present with the past.
There is not too much price history for crypto market to have a reliable seasonal pattern. Instead of picking the low prices by season or month, better approach will to use technical charts for this purpose.
Simply put; always make trend your friend. This is the only way you can get to make good trading and investment decisions in any market of your choice. As long as you are able to understand how to analyze trends and you are able to make use of it to enter or exit a position as well as stop loss, you will be able to make quality decisions and you would not have to start worrying yourself on whether you are hitting a good low price or not.
In my opinion, the red time of market will be in the end of autumn and winter. Summer was so bad time for Cryptocurrency, then all should be patient now.
Basing it from last years market analysis, altcoins drop dead at around the frist and third quarter of the year, just like what happened this year after the all time high, now it is best to position you invest by the first part of quarter four of each year.
you can gamble for todays market but there is no significant analysis from the market on what happened last year may happen in todays market but since the price of bitcoin today is good enough to invest go with it.
I really agree with your suggestion, because the current BTC price in my opinion is good, and this is a good start to invest in BTC because the current condition in my opinion is difficult to predict, so I see the current situation for now BTC prices are starting to stabilize I chose to join him, I am sure that by the end of this year BTC prices will continue to increase.
Want to believe that now we on lowest point, bought some ETH, EOS, QKC here, maybe I wrong but I see good volumes now. So hope this is the last low of the year.
the first you have to determine the coin you want to invest, see and research the movement of the coin price from the initial period to the present point.
with that, you will see how the price movement phase ... and can predict prices will rise or fall.
by looking at price movements from the initial period to the present ... then you will be able to see the habits of the coin.
with that, you will see how the price movement phase ... and can predict prices will rise or fall.
by looking at price movements from the initial period to the present ... then you will be able to see the habits of the coin.
yes indeed, market was going down every sec rejected the etf proposal. going down with 15% average but took too long to recover. it's a hard year for a crypto
Basing it from last years market analysis, altcoins drop dead at around the frist and third quarter of the year, just like what happened this year after the all time high, now it is best to position you invest by the first part of quarter four of each year.
you can gamble for todays market but there is no significant analysis from the market on what happened last year may happen in todays market but since the price of bitcoin today is good enough to invest go with it.
Basing it from last years market analysis, altcoins drop dead at around the frist and third quarter of the year, just like what happened this year after the all time high, now it is best to position you invest by the first part of quarter four of each year.
This year several times it seemed to me that the market on the bottom. Now I'm not waiting for the bottom and the reversal. In previous years it was in the summer. Now it can be different.
It's good to buy now because now the price of bitcoin and altcoins is declining.For some days the price of ethereum is below $300.So this situation is suitable for buying some crypto coins. I hope that the price of cryptocoins will increase in the coming months.
Lowest price for Bitcoin is 5500$, all of us know what Tether do when price dropping. Lowest price for Ethereum 200$
There is not too much price history for crypto market to have a reliable seasonal pattern. Instead of picking the low prices by season or month, better approach will to use technical charts for this purpose.
Hi i want to ask , usually what period of the year are the lowest price ? When the market drop a lot in red ?? i think summer ?
but what month months are the best times to buy ?
but what month months are the best times to buy ?
Based on past historical trends, the May-August months are usually the months where we experience shifts in trends. This is probably true not just for the crypto market but for traditional markets as well. The reason for which, i don't fully understand, but have to do with fiscal cycles.
I believe this is even where they got the saying "sell in may and go away."
This time of year does not exist. At any time of the year you need to analyze the market, look for good conditions that invest in the market. After all, at some time of the year it is more profitable to go, for example, in Bitcoin, and in six months the cost will rise and it will be not so profitable to go. Therefore, the time of investment does not depend on the time of year.
we cannot predict bitcoin volatility with certainty and the season does not determine volatility.
but, some moments like year-end holidays or special days can make the value of bitcoin fall.
but, some moments like year-end holidays or special days can make the value of bitcoin fall.
No one knows and no one can guess, we can only wait and pray, no matter the season whatever that price can go up and down whenever such is crypto.
For me, Bitcoin will still dump below $5,000 this coming september, specially when the coming ETF will be rejected or postponed again. We can still expect that scenario, for me, wait for the right time, wait for more dips incoming this year. Don't get FOMO.
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