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Topic: Need advice regarding buying (Read 697 times)

member
Activity: 840
Merit: 23
December 13, 2021, 03:55:20 AM
Patience is a virtue every trader must have in their possession...
Anything is possible to occur in the crypto system but your ability to control the situation is what makes your trading successful or a failure. You can purchase Bitcoin at anytime provided you've made your analysis right and the funds to acquire those coins are readily available but in other to make profits, it's adviced you buy at dip periods such as now.
legendary
Activity: 2338
Merit: 1076
zknodes.org
December 12, 2021, 01:56:50 PM
It all depend on you but for me I buy at anytime I have the money with me, so i continue buying but I know I have my selling price. I have being buying Bitcoin and some altcoins but I put it in mind that I will not sell my bitcoin till the price hit $100k, so i  have a fixed selling price for any coins I buy and that is why I buy anytime money come to me. I always put it in mind that Bitcoin and even some altcoin doesn't have dumping fixed price and pumping fixed price. That means anything can happen.
anything can happen in cryptocurrency. if you've been buying bitcoins at the right price but still dropping, you may be able to buy gradually. Most importantly you buy with money that you do not need in the near future and that is free money. The target price that you set is of course the target that must be achieved.
full member
Activity: 640
Merit: 104
December 10, 2021, 07:23:40 PM
Market conditions like this are good to take advantage of to buy some bitcoins and altcoins. The current market conditions are quite worrying because the prices of Bitcoin and Altcoins have collapsed due to several factors that have made cryptocurrencies like this. Bitcoin price is currently around $47,663 some people have panicked by the decline that has occurred in Bitcoin, I suggest for beginners who are just buying Bitcoin that they hold their Bitcoins until the bitcoin price rises again and reaches a higher ATH price. For beginners who want to buy bitcoin now is the right time to buy it because the price of bitcoin does not always go down and it is likely that at the end of this year the price of bitcoin will rise even higher.
full member
Activity: 1302
Merit: 100
December 10, 2021, 06:45:43 PM
If you want to do investment you should research on that token/coin. And try to buy in the dump. and always DCA in dump. try to make an investment in the best/famous project like CIFI, PYR, Shib.
Actually before investment or buying coins one should deeply analyse . Without researching the cryptocurrencies market and project development, one shouldn't buying or selling coins. Volcan forced (Pyr ) and citizen finance ( Cifi) projects have bright futures and development.
jr. member
Activity: 476
Merit: 3
Trident Protocol | Simple «buy-hold-earn» system!
December 10, 2021, 03:52:06 PM
It all depend on you but for me I buy at anytime I have the money with me, so i continue buying but I know I have my selling price. I have being buying Bitcoin and some altcoins but I put it in mind that I will not sell my bitcoin till the price hit $100k, so i  have a fixed selling price for any coins I buy and that is why I buy anytime money come to me. I always put it in mind that Bitcoin and even some altcoin doesn't have dumping fixed price and pumping fixed price. That means anything can happen.
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
December 10, 2021, 01:55:32 PM
If you want to do investment you should research on that token/coin. And try to buy in the dump. and always DCA in dump. try to make an investment in the best/famous project like CIFI, PYR, Shib.
hero member
Activity: 1148
Merit: 501
December 10, 2021, 09:21:54 AM
I am thinking to buy now, but judging by everything, we can still expect a small drop.
It is correct time to invest is Bitcoin and Altcoin, it is my opinion, and i believe that after this year we can see a good rally in Altcoin and Bitcoin. But i want suggest that never buy coin with 100% fund, invest part by part.           
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
December 10, 2021, 06:45:19 AM
I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.

Good idea and it is considered as a best buying strategy when you buy in parts and not all in one go, it helps to average $ cost of your coin/token. Going forward use Technical chart of Support/resistance on 4 Hrs time frame and buy on each support and continue buying until your buying amount target is achieved. Adopting this strategy means your trade will quickly come in profit when Market will start bouncing back.

Good way to invest your money, having broader knowledge of how market move by using TA, support/ resistance
will guide you to find a good spot in positioning your entry. Once the market start to be strong again, the chance of much quicker
returned is very likely to take place.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
December 10, 2021, 01:12:41 AM
I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.

Good idea and it is considered as a best buying strategy when you buy in parts and not all in one go, it helps to average $ cost of your coin/token. Going forward use Technical chart of Support/resistance on 4 Hrs time frame and buy on each support and continue buying until your buying amount target is achieved. Adopting this strategy means your trade will quickly come in profit when Market will start bouncing back.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
December 09, 2021, 07:04:06 PM
For me personally, i will think some ways. If this is for a trading daily, I still will buy it and take profits  after rising up for small percentage. And about buying for investment, I think I will wait for little bit drop, but of course, this may be difficult to know when to drop. And now is a good time to buy because the price of Bitcoin is still at $47,895.47.
The market is crashing very drastically this day and this also influence the altcoin market. This may not be the dip, but at least, this rate is a good to buy for the next step of Bitcoin bullish era. Although I am little bit doubtful about the new ATH to create because of so many FUD that we face so far. But, I still really expect for this.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
December 09, 2021, 05:57:47 PM
I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.
That's buying the dip and dollar-cost averaging. Very effective strategy over time that you'll be happy that you've done it. Just time after time, you buy and you're good to acquire as many as you can.
If you've got plenty of budget and spare to spend, you just have to do it on your own and decide if you want a bigger batch as you buy or will still follow the idea of buying in batches with smaller amounts.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
December 09, 2021, 04:09:12 PM
I am thinking to buy now, but judging by everything, we can still expect a small drop.
When you are waiting for small drops then you are particularly aiming for short term profits and not for long term ones.Well, its up on personal choice whether which one you do go for it because not all would really be that patient in doing so thats why we do end up
on several decisions for ourselves when it comes to this manner.So its up to your choice whether on when you will be buying
or selling.
member
Activity: 812
Merit: 53
December 09, 2021, 01:59:00 PM
I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.
jr. member
Activity: 140
Merit: 2
December 09, 2021, 01:47:54 PM
I am thinking to buy now, but judging by everything, we can still expect a small drop.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
December 09, 2021, 01:04:43 PM
The answer is very simple, don't buy when people are in FOMO because that will help the price to skyrocket unless it's already overbought. The right technical analysis will always give you the answer you're looking for, so don't forget to do it before making a trade. Be patient, don't rush things up because eventually, your technical analysis will be always right as long as you've done it correctly, obviously.
FOMO always get so complacent that they buy at a high price and ignore it.
Technical analysis is usually rarely used for beginners and they are still looking for FOMO or tokens that are hype in the market.
Sometimes just being patient is not enough, it needs to be trained to be used to surviving in any situation, but with technical analysis we know the direction of the coin we are looking for.
sr. member
Activity: 2324
Merit: 454
December 09, 2021, 10:09:24 AM
The answer is very simple, don't buy when people are in FOMO because that will help the price to skyrocket unless it's already overbought. The right technical analysis will always give you the answer you're looking for, so don't forget to do it before making a trade. Be patient, don't rush things up because eventually, your technical analysis will be always right as long as you've done it correctly, obviously.
member
Activity: 770
Merit: 12
Trphy.io
December 09, 2021, 03:16:30 AM
I will advise you to buy huge amount of bitcoin you want to buy because after today the price of bitcoin will increase higher to were both long term investors and short term investors will be smiling with their profits in the societies. Now that the price of bitcoin is still $45k, it will be better to improve your capital to purchase more bitcoin so that you will be part of this great opportunity that is coming into the community Soon.
If you are buying any coins don't buy for short term investment because most of the coins are not good for short term investment. If you don't want to miss your opportunity in this season try to buy and hold for future profit making.
right, without a doubt to buy bitcoin for investment. Of course we will invest for the long term, and I think anytime as long as we have pocket money then that is the best time to buy. even though we buy at the peak, as long as we are patient then we will get a profit later, that's how it is an investment, without panic selling
full member
Activity: 546
Merit: 148
December 08, 2021, 11:48:12 AM
You know one sweet about bitcoin? It's uni direction in profits, you can get buy and do a DCA when the price is falling and hold for long time, at a point your buy will be average and when bitcoin enters accumulation face afyer bottom out, you will be in good profit when another bull start.
You may also do DCA just before and after the price has fallen, this way you must have accumulated many at bottom and buy the remaining when it's pumping and sell your sats when a new all time has been reach or attained.
full member
Activity: 1190
Merit: 126
★Bitvest.io★ Play Plinko or Invest!
December 08, 2021, 11:18:57 AM
I will advise you to buy huge amount of bitcoin you want to buy because after today the price of bitcoin will increase higher to were both long term investors and short term investors will be smiling with their profits in the societies. Now that the price of bitcoin is still $45k, it will be better to improve your capital to purchase more bitcoin so that you will be part of this great opportunity that is coming into the community Soon.
If you are buying any coins don't buy for short term investment because most of the coins are not good for short term investment. If you don't want to miss your opportunity in this season try to buy and hold for future profit making.
newbie
Activity: 28
Merit: 0
December 07, 2021, 12:28:51 AM
According to my experience, I would suggest waiting till the amount falls a bit because then you will be able to buy more Bitcoin.
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