Topic: When is a coin too expensive? - page 5. (Read 1026 times)
You must try to look at the technical indicators and general market sentiment. Technical indicators will give you an idea of when the coin is overbought. Of course, it does not prove that it is too expensive but at least you will be able to forecast the upcoming dips so that to accumulate the coin. And, actually, no one will be able to tell you when the coin reached its maximum price because we can make conclusions only on the chart that already exist and on on the future behavior of the market. So the best thing is to study technical analysis!
Simple advice: Do not ever buy a coin at the all time high, Most important thing in trading is to be patient, thats how you make the money.
That's it. If you noticed that market it's at peak period then simply dont buy anymore. Just wait for exact time when to invest for profitable returns. Crypto currencies are getting expensive when there are some big whales manipulated it for huge investment. Just make an analysis always that when buying it, it will always generate profit from it.
I am following a pretty potential project in the future, Marinecoin. The dispersion system is controlled by AI. Zero fees - mtc - value - dev-less - iot - time tested - fair distribution. Marinecoin wants to: Create a truly global actually usable and stable crypto currency by avoiding regulatory roadblocks. Make every day users and merchants adapt a stable crypto currency without negative side effects of the exchanges and other uncertainties imposed by Governments by working together with them. Currently there are free distribution programs of 20,000 coin per day. You can follow up here: mari neco.in.
Simple advice: Do not ever buy a coin at the all time high, Most important thing in trading is to be patient, thats how you make the money.
That's it. If you noticed that market it's at peak period then simply dont buy anymore. Just wait for exact time when to invest for profitable returns. Crypto currencies are getting expensive when there are some big whales manipulated it for huge investment. Just make an analysis always that when buying it, it will always generate profit from it.
Your post itself has an answer "No one knows how much high a coin can reach". Crypto currency market is always volatile and their is not perfect or 100% correct prediction can be given on a specific coin. To be honest, I will say that x10 times of a coin is safe to sell to avoid loss expecting to grow more than that price.
Simple advice: Do not ever buy a coin at the all time high, Most important thing in trading is to be patient, thats how you make the money.
Absolutely agree. Whenever he started trading, I constantly made this mistake. Now this almost does not happen.
Altcoin becomes very expensive when no one wants to buy it, and the number of sellers is greater than the number of customers.
I would say they are too expensive right after ico when pumped and dumped. That is why I look for ico’s with anti pump and dump mechanisms. Marinecoin ico has many built in features to stop a pump and dump type strategy. I would much rather have one that is designed to grow slow and steady over time. MTC is using time dilution technology to fairly distribute 9 billion MTC to those who help promote it. Or you can buy it at the exchange at market opening low prices. iot - proof of promotion - zero fees - dev-less - See here marineco/in
A coin would be expensive when Bitcoin price is high. Normally all the altcoins would follow the path of Bitcoin whether it is low or high. Some coins reflect the price drop or high instantly and some may have impact bit late like two to three days or a weeks time to reflect in it.
To answer your question asked in the topic, December mid week is the season where all the coins would be in peak price.
I also believe that mid-December is the best time for high return coins. so I think coins will be expensive and the benchmark coin can be expensive is to follow the bitcoin groove.To answer your question asked in the topic, December mid week is the season where all the coins would be in peak price.
In the next few days, there will be a Satoshi's Vision Conference. There could be a pump of Bitcoin Cash or Bitcoin or others.
A coin would be expensive when Bitcoin price is high. Normally all the altcoins would follow the path of Bitcoin whether it is low or high. Some coins reflect the price drop or high instantly and some may have impact bit late like two to three days or a weeks time to reflect in it.
To answer your question asked in the topic, December mid week is the season where all the coins would be in peak price.
I also believe that mid-December is the best time for high return coins. so I think coins will be expensive and the benchmark coin can be expensive is to follow the bitcoin groove. To answer your question asked in the topic, December mid week is the season where all the coins would be in peak price.
A coin would be expensive when Bitcoin price is high. Normally all the altcoins would follow the path of Bitcoin whether it is low or high. Some coins reflect the price drop or high instantly and some may have impact bit late like two to three days or a weeks time to reflect in it.
To answer your question asked in the topic, December mid week is the season where all the coins would be in peak price.
To answer your question asked in the topic, December mid week is the season where all the coins would be in peak price.
We never know exactly what price will be the highest. If we already knew, we would all be millionaires investors 
Which price is expensive, which coin does not know how much to win 
This is 100% right answer and that's why there are a lot of HODLers (these are people who bought coin on its peak). Which price is expensive, which coin does not know how much to win 
Yes, no one will not tell you how high will this or that piece, so that everything on projections, intuition and luck. Whoever guesses he gets everything is not, loses more. All buy according to his ability and receive according to his diligence.
What is the relationship of X10 and x1000 have among themselves. If the coin on the chart shows a stable growth, why not buy it? Why make these silly arguments.
The main point is that, whether have you bought the coin when the ICO started then you can't say the price is too much, since its the original price of their token, sometime no one know that this coin has the best progress ever in the month during their publishing date, so it's better to buy coin when they just pot out, and not when they grow too much.
Once your non-crypto friends starts talking about a coin, it's too expensive..
Just to let this off my chest because of posts chastising people who bought coins at x5 or x10 their ICO.
Honestly, no one knows how much is too much.
BTC for example. Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001
Using this value, is BTC expensive at;
x10 or $0.01?
x100 or $0.10?
x1,000 or $1.00?
x10,000 or $10.00?
We all know the answer now but not when people were buying them at that price (ATH).
Who knows how high; ICX, VEN, NEO, XMR will go? Are people who buy them at ATH stupid? I don't think so.
If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it. For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc. Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH.
RANT over.
And that before too there were prices much lower, but now people are forced to buy at the price offered by the market, and beginners are so much more prone to this. Nobody can tell you that this is the peak or failure of the price maximum, you just have a choice to buy on the upsweep at a high price or vice versa. Honestly, no one knows how much is too much.
BTC for example. Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001
Using this value, is BTC expensive at;
x10 or $0.01?
x100 or $0.10?
x1,000 or $1.00?
x10,000 or $10.00?
We all know the answer now but not when people were buying them at that price (ATH).
Who knows how high; ICX, VEN, NEO, XMR will go? Are people who buy them at ATH stupid? I don't think so.
If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it. For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc. Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH.
RANT over.
For me new coin getting expensive if it is reach top 75 market cap from a whole market in coinmarketcap.com and this tules is for token. And for coin which has its unique blockchain when coin going to top 10 its mean that coin is expensive already. I always check a whole market cap before buying in on hype coin. Also the potential market and coin in curcullation.
I can tell you it's almost never a good idea to buy coins at the ATH, at least in the short term. Even in the long term, you can wait for a dip and buy in at a lower price.
Just look at ICX, it went up to 90k sat, and now it's at 30k. That's a pretty huge loss, if you went in at the ATH.
Have fun holding bags if you keep buying coins at ATH
Just look at ICX, it went up to 90k sat, and now it's at 30k. That's a pretty huge loss, if you went in at the ATH.
Have fun holding bags if you keep buying coins at ATH
You can estimate a mid-term price ceiling simply by looking at coinmarketcap top10 coins. If anybody suppose their favourite coin will make x100 right after the ICO, and it would result in a market cap equal to Ethereum, I would like to bet against him or her
Good old market capitalization can tell you lots of information. Obviously, If you hold a coin for years, these simple rules does not apply - price potential is hardly to be forecasted.
Good old market capitalization can tell you lots of information. Obviously, If you hold a coin for years, these simple rules does not apply - price potential is hardly to be forecasted.
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