When is the best time to buy Old Coin?

Little_Sister

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Quote from: iv4n on October 17, 2022, 12:16:35 PM

I think this and the next year will be tricky for crypto, the prices as we see them now can drop more... or maybe this is the bottom! Anyway, if we talk about Bitcoin, there's some feeling around that in the next bull run we will see BTC crossing 6 digits prices! So is there a big difference if we buy now or for a thousand or two less?!
It's important when you get in, but it's even more important how long are you ready to wait...

Exactly, we can be affected by the current price due to bear market factors but if we have focused on staying on long term investments then it will be better because we can never predict the lowest price but we can make sure we are going to the new ATH, so invest in top coins even BTC is the right choice for long term investment.

Pejoh Asu

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Quote from: Teraboy on October 15, 2022, 06:20:19 PM

try investing in btc, eth, and bnb instead, just forget the other, because the other have less potential than this coin in general, if you wanna invest other than these coins then you better off settle with matic and sol, otherwise gaining good profits gonna be difficult if you insists in investing in some other coins around these trends of correction.

Invest 3 Coins are certainly the safest thing, market fluctuations are very dependent on the 3 coins, of course it is suitable if we hold for the long term, but if we focus on the short term it will be difficult to profit, try new listed coins for daily trading of course worth we try.

Teraboy

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try investing in btc, eth, and bnb instead, just forget the other, because the other have less potential than this coin in general, if you wanna invest other than these coins then you better off settle with matic and sol, otherwise gaining good profits gonna be difficult if you insists in investing in some other coins around these trends of correction.

MoonOfLife

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Quote from: MFahad on October 15, 2022, 11:39:56 AM

Don't need to old coin . For buying any coin our main goal is to make profit and new coins are more profitable then old Coins so why we look for only old coins. I like BTC, Ethereum and Xrp which are good and very worthy to buy in this stage. We should always look for trend and then invest according to trend for big profit.

Yes, old coin or new coin it doesn't matter. Old coins can also become a scam project and new coins will also become potential in the market. we are here for profit not because love it buy it so do research all then choose which one is profitable for us we will buy.

MFahad

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Don't need to old coin . For buying any coin our main goal is to make profit and new coins are more profitable then old Coins so why we look for only old coins. I like BTC, Ethereum and Xrp which are good and very worthy to buy in this stage. We should always look for trend and then invest according to trend for big profit.

radjie

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Quote from: blockman on October 15, 2022, 06:29:05 PM

Quote from: MFahad on October 15, 2022, 11:39:56 AM

Don't need to old coin . For buying any coin our main goal is to make profit and new coins are more profitable then old Coins so why we look for only old coins. I like BTC, Ethereum and Xrp which are good and very worthy to buy in this stage. We should always look for trend and then invest according to trend for big profit.

If that's the strategy that works for you, that's good. But not everyone has a good experience in buying new coins and that's why they prefer those that have been in the market for so long because there's more confidence in them. Unlike with the old coins, the movement might be slow and not hyped as the newer ones, at least they're safe from seeing that go down in an instant. Because in the newer coins, that's mostly the happenings there, the price movement are too quick and could lead you to losses instead of profiting which is the main goal.

The strategy to make quick profits by buying new coins is indeed more efficient than old coins, because market prices are so easy to play that this opportunity can be used to make profits, but it is clearly very risky. as the op mentioned if the coin has decreased by 80% in my opinion it is very possible to experience it again up to 80, and this of course applies to new coins because it can easily fake the trading volume in it

Silberman

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Quote from: Magic-Money on October 17, 2022, 01:56:33 PM

The best time to buy old Coins is now, because cryptocurrency market still on the Dip mood, which can hold a stablecoin to buy more of Alt-coin and hold for a long term investment.

Not exactly, this is a great moment to buy bitcoin ethereum and another handful of coins, but when it comes to the rest of the coins which have been part of this market this is not a good moment to buy them, since I think they still have some room to go down, and there is no way to know if those coins will actually recover or we are going to see them being replaced as developers feel the bull market is getting closer and begin to release all kind of coins to the market.

Mpamaegbu

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Don't Invest out of sentiments. Don't invest into an old project when it dips simply because you're bagholding it. You've to check and have an idea of why it's dipping in the first place. If it's dipping because of general market condition, then it's good to invest in it provided there's utility to it. If it's otherwise (like projects not keeping their promise et al) is reason for a dip, take a walk.

Quote from: Magic-Money on October 17, 2022, 01:56:33 PM

The best time to buy old Coins is now, because cryptocurrency market still on the Dip mood, which can hold a stablecoin to buy more of Alt-coin and hold for a long term investment.

Hopefully, you aren't buying worthless tokens and thinking they will definitely rise again. Tokens have gone to extinction from small dip let alone a heavy one as we're experiencing it now. I believe it's the market's way of sieving out tokens without much usefulness.

Magic-Money

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The best time to buy old Coins is now, because cryptocurrency market still on the Dip mood, which can hold a stablecoin to buy more of Alt-coin and hold for a long term investment.

iv4n

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Quote from: Lagduf on October 17, 2022, 11:53:31 AM

Quote from: Lambe Ndumble on October 17, 2022, 05:26:39 AM

The best time to buy is when we think the price is on the floor, and according to the advice of many experts that now is the best time to buy old coins such as ETH, Waves, Litecoin and so on, I'm sure the market trend is immediately rising so we immediately get a profit if we buy now.

this time the price was still on the floor and i guess this must become the best time to buy more tokens rather than waiting for that to go up again. I meant we must also aware with the fact that if these days people are always feeling worry to buy more tokens while the price was still at the bottom. It seems like that market will be going to be bullish again as soon as possible. I have expected a huge recovery for that.

I think this and the next year will be tricky for crypto, the prices as we see them now can drop more... or maybe this is the bottom! Anyway, if we talk about Bitcoin, there's some feeling around that in the next bull run we will see BTC crossing 6 digits prices! So is there a big difference if we buy now or for a thousand or two less?!
It's important when you get in, but it's even more important how long are you ready to wait...

Lagduf

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Quote from: Lambe Ndumble on October 17, 2022, 05:26:39 AM

The best time to buy is when we think the price is on the floor, and according to the advice of many experts that now is the best time to buy old coins such as ETH, Waves, Litecoin and so on, I'm sure the market trend is immediately rising so we immediately get a profit if we buy now.

this time the price was still on the floor and i guess this must become the best time to buy more tokens rather than waiting for that to go up again. I meant we must also aware with the fact that if these days people are always feeling worry to buy more tokens while the price was still at the bottom. It seems like that market will be going to be bullish again as soon as possible. I have expected a huge recovery for that.

Ziskinberg

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Quote from: Lambe Ndumble on October 17, 2022, 05:26:39 AM

The best time to buy is when we think the price is on the floor, and according to the advice of many experts that now is the best time to buy old coins such as ETH, Waves, Litecoin and so on, I'm sure the market trend is immediately rising so we immediately get a profit if we buy now.

The market will recover after this bear season but it is never expected to rally fast as you think, as it recovers slowly until it reaches its ATH just like it happen during the last Bullrun. People who see this kind of scenario will surely never ignore the chance to buy now. Not that I think it was the best time but at least, we have bought potential coins in a cheaper price which is something a good strategy.

Well, talking about Waves, I suggest to change your mind and delist this coins from you list.

Lambe Ndumble

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The best time to buy is when we think the price is on the floor, and according to the advice of many experts that now is the best time to buy old coins such as ETH, Waves, Litecoin and so on, I'm sure the market trend is immediately rising so we immediately get a profit if we buy now.

bitgolden

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Quote from: Kelvinid on October 13, 2022, 05:08:56 AM

Bitcoin and ETH are examples of old coins which obviously worth to risk and are ideal for investment in any condition. If you ask if this is the best time to invest them, you have answered it right. In this market correction, it was found to be the best time to invest not only old coins but of course, potential coins. Since not all old coins are potentially profitable, therefore, it is a need for us to check their market trend as this will help us to verify if this coin still has the chance to grow or going to die.

They are two of the biggest ones for a reason, they are good and trustworthy and if you invest into them you know that it’s not going to crash like the other ones and there is no way it could be a scam or a rugpull or anything like that. They are good coins that will gain a lot of value in the future and that is the only thing that matters.

I personally believe that the best thing to do in the crypto world would be putting 90%+ of your money into these two things, and then the rest could go to very risky things, you could even lose them, you would still have 90% of your money in btc and eth which means you cannot really lose too much, with a chance to earn a lot more.

blockman

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Quote from: MFahad on October 15, 2022, 11:39:56 AM

Don't need to old coin . For buying any coin our main goal is to make profit and new coins are more profitable then old Coins so why we look for only old coins. I like BTC, Ethereum and Xrp which are good and very worthy to buy in this stage. We should always look for trend and then invest according to trend for big profit.

If that's the strategy that works for you, that's good. But not everyone has a good experience in buying new coins and that's why they prefer those that have been in the market for so long because there's more confidence in them. Unlike with the old coins, the movement might be slow and not hyped as the newer ones, at least they're safe from seeing that go down in an instant. Because in the newer coins, that's mostly the happenings there, the price movement are too quick and could lead you to losses instead of profiting which is the main goal.

capedbaldy

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Quote from: BitDane on October 15, 2022, 06:05:45 PM

Indeed it is best to buy into cryptocurrency when the price is falling. For instance, it is better to buy promising old coins during bear market than during bull market because during bear market, the price of altcoins are crashing making us to have a discounted price if ever we decides to buy during this trend. While on the other hand buying during the bull market make us to buy at a higher price because there are lots of demand during that time making the price of cryptocurrency to surge. And as an investor, isn't a good thing to buy investment at high prices.

I agree, that during bear markets it's time to trade USDT to old coins because currently the price is heavily discounted since the decline, but it is recommended that we buy it gradually to avoid the next decline, traders mistake that they avoid investing in bear markets and they don't hesitate to invest when recovery despite the high price, I think many traders should change the pattern of the right way of investing.

BitDane

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Quote from: Bazzu on October 14, 2022, 10:25:02 PM

I think for investment buy quality crypto whose prices are falling. The point is, don't buy crypto with a bad rating. because if we buy crypto whose quality is not good it will result in losses even though the price of the crypto is decreasing. but of course the choice is yours.

but I think prepare from now on good crypto, because later we will go to the bull run market.

Indeed it is best to buy into cryptocurrency when the price is falling. For instance, it is better to buy promising old coins during bear market than during bull market because during bear market, the price of altcoins are crashing making us to have a discounted price if ever we decides to buy during this trend. While on the other hand buying during the bull market make us to buy at a higher price because there are lots of demand during that time making the price of cryptocurrency to surge. And as an investor, isn't a good thing to buy investment at high prices.

bittick

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Quote from: MFahad on October 15, 2022, 11:39:56 AM

Don't need to old coin . For buying any coin our main goal is to make profit and new coins are more profitable then old Coins so why we look for only old coins. I like BTC, Ethereum and Xrp which are good and very worthy to buy in this stage. We should always look for trend and then invest according to trend for big profit.

just following the trend is the right way I think, simply compare the investment flow coming from the trend alone and the ones going to these old coins, there's gonna some significant difference in which the old coins hardly gonna have any investment flow, these old coin are essentially just abandoned coin, have lesser chance of regaining massive increase, I see no reason investing in those.

abel1337

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Quote from: Bazzu on October 14, 2022, 10:25:02 PM

I think for investment buy quality crypto whose prices are falling. The point is, don't buy crypto with a bad rating. because if we buy crypto whose quality is not good it will result in losses even though the price of the crypto is decreasing. but of course the choice is yours.

but I think prepare from now on good crypto, because later we will go to the bull run market.

Buying crypto with good rating will not create a lot of differences. I think that you must also learn about luna. How so many people are losing just like thousands, hundreds thousands until millions of dollars just caused by the price has been dumping so hard. there's no point to take this anymore. The bearish trend gonna become the best time to buy crypto as long as people understand about how to pick the right price level.

If you are a short term trader, This can create profit but I doubt that if you treat that as investment, I'm sure the coins that has a bad reputation will just go down and down since the market community are dodging it. Don't catch falling knives, Those coins like LUNA will just hurt you in the future. Every token has been affected by the bearish market and there are much more good tokens to invest in that has some future to it and can give you vast profit, You just need to find them.

Mamun74

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Quote from: nakamura12 on October 13, 2022, 04:31:02 PM

There is no such thing as when is the right time to buy old coins or new coins. If you really want to invest in old coins then why not buy right away when you have the capital to spend for buying old coins. For new coins and old coins, it doesn't matter which one you're gonna choose to hodl, invest or whatever you want to do as long as the new coins you are going to buy is not scam or even a good coin which have a good potential.

Yeah,if you are interested to buy old coin new coin then you need to recherch these coin.Trading or holding i think coin ore token volume is important for it.You can see bitcoin price chart bitcoin price already touched in $68k+ in last year but it already dropped and now average $19k+.Bitcoin and altcoin have between good relationship each other.I hope bitcoin will be increase again and many potential price grow up again.

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