When is the best time to buy Old Coin? - page 2.

irhact

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Quote from: Editbar on October 10, 2022, 09:11:05 AM

This is important especially at this point in the market because we are so low already with the prices of cryptocurrencies however the old saying is if we go down 80 nothing is stopping us from going down another 80 so we want to identify the best times to be buying altcoins for those longer-term swing trades

The best time is always when the market is at its bottom and from looking at how the market has been trading for sometime now, we can all agree we're at the bottom or closed to the bottom. This means you should start buying now and keep some funds Incase the market was to dip further. You shouldn't buy all your coins ones as the market always present an opportunity to get coins at cheap price. Bitcoin was trading a $67k and no one believes it can even go below $20k but it did and so did other altcoins as well.
If you had fomo all in when it was at all time high, you'll be regretting now but assuming you kept some funds after buying then, you can easily make up for that lost as you get your hands on cheaper coins and wait for the market to return bullish for you to get your profit. The crypto market is all about patience both when you want to buy or sell.

Maestro75

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Quote from: dansus021 on October 11, 2022, 08:46:20 PM

Dollar Cost Averaging and Do Your Own Research first about the project and this might be very useful. Only invest that you can affort to lose

It is good to do our own research before investing in anything because if we blindly follow what is in that your diagram we are going to get it wrong. There are quarters in the picture that tells us to buy alts and when to sell. But since this year there has never been a time that alts has become bullish. They all have been falling since the beginning of the year. It is discouraging the way alts have performed this year. For example, October is supposed to be the month to sell. But what can you sell when the tokens have lost over 50%? Some have lost 70, 80% and some have completely disappeared.

Bazzu

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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.

Silberman

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When Bitcoin Price is -71% an inexperienced investor in crypto will wait for the price -90% of ATH which is $65k usd.
But if you are experienced, then you will buy Bitcoin and other altcoins at this time, there are many opportunities to do DCA and take a little profit when the market situation is bearish and if you want long term, wait while Bitcoin Having, the price of all coins will pumping because that's what I see once every 4 years

It is just that simple, inexperienced traders are hoping for the impossible, and even if for some reason we were to see that kind of crash then you can be sure that they are not going to buy at that point as they will be both greedy and panicked about what it is happening, they would like for the price to go even lower but they will be afraid of buying precisely because of the possibly of the price to keep going down, so it is clear that at some point we need to take the step and buy bitcoin, and the current price is a good enough level to do it.

serjent05

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I believe the best time to buy Old Coin is when it is in the correction stage. Aside from the bull market, corrections offer investors to hop into the project at a discounted price. Of course, we must make sure that this old coin still has its potential. Blindly buying old coins and disregarding their potential can only make us lose our investment.

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.

There is. Buying an old coin when it is pumping is very bad timing while buying an old coin when it is crashing to oblivion because of the community abandoning it is also a bad time. Buying an old coin because its price floored and still has an intact community and the promising road map ahead is the best time to get into the project.

There are cycles of the market like a bear market, bull market, corrections, and sideways. And the best time to invest in a good old coin is when the market is down which indicates a bearish market and correction after the overbought event.

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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.

The best time to buy is when you see a price that suits your budget and goals.
That's right, old coin or new coin doesn't matter, it's based on each person's research as long as that coin is profitable for us then we will buy. It is unlikely that older coins will give us a good return, looking at the top altcoins through each bear cycle, not every coin is likely to return to its ATH price. With new coins, there is always a higher risk, but if you choose the right project, the profit will be very high.

In the market, there will be winners and losers, because each person's view of the market will be different, so no one can give advice on what to buy and what not to buy for each other. DYOR, it's the best way.

nakamura12

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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.

Bobrox

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Best time for investing is not depending with old coins or new coin but keep doing little research and comparison between old and new coins which one good progress in daily day but how the progress and running well with road map schedule at the future. Old coins seems have completed update and running progress at the future but new coins keep excited based on my research because several months later have schedule about new upgrade to mainnet, new exchange for listing and actually they have preparing for bigger partner.

Bigger chance to earn profit with new coins because several good planning and roadmap later give impact for price keep going pump, but not recommended to be long term investment with new coins.

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Quote from: bounceback on October 13, 2022, 10:38:42 AM

Quote from: Editbar on October 10, 2022, 09:11:05 AM

This is important especially at this point in the market because we are so low already with the prices of cryptocurrencies however the old saying is if we go down 80 nothing is stopping us from going down another 80 so we want to identify the best times to be buying altcoins for those longer-term swing trades

Buying old coins? so I think only bitcoin is the only old coin that is worth buying and making it a long-term investment because if we look so far only bitcoin can provide large returns for us when the bull market comes, last year I bought some LiteCoin coins (LTC) at a price of around $350 when the market was experiencing an upward trend and hoped that the coin could benefit me but after making a purchase with it suddenly the market collapsed until now so that I had to experience a decrease in half the value of my total portfolio.

I am ok with the Bitcoin investment for the long term but I don't agree that Bitcoin is the only old coin worth buying for the long term, however, would have bought BNB over Litecoin because, over time, I have noticed that BNB also recovers in price quicker than most other Alts. So when it comes to investing for future profits, BNB is my top 2 with Bitcoin and Ethereum.

Actually, if we can do research and analysis properly, we will find some old coins that are suitable for investment choices. As you said not only is
Bitcoin a good old coin for long term investment, there are some old coins which are also good for long term investment. Like Ethereum, BNB,
XRP and LTC are actually on the list of profitable long-term investments. But because in recent years LTC's performance has been declining,
I don't recommend investing in large amounts of LTC. Likewise with XRP, since XRP has had problems with the SEC, it is a bit risky if we invest
in XRP in large amounts. Our main focus if we want long-term investment in old coins, I highly recommend buying BTC, ETH and BNB. Because
the three old coins have shown a fairly stable performance and tend to continue to rise in recent years, so it will be very profitable to hold long-term
in the three old coins.

msbeby

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Quote from: Editbar on October 10, 2022, 09:11:05 AM

This is important especially at this point in the market because we are so low already with the prices of cryptocurrencies however the old saying is if we go down 80 nothing is stopping us from going down another 80 so we want to identify the best times to be buying altcoins for those longer-term swing trades

my vision and opinion with cryptocurrencies is that there's still only a handful that is worth holding for a longer period but the vast majority of them should 100 be dumped as soon as possible to take those profits this has been my position throughout the entire 2021 bull market I was hated for it at the tops of the market but I guess now in the bear market everyone can see
I went through it in 2017 I held the coins to the Lowe's reposition my portfolio made sure I got out of it so that I could be fresh for the next bull market and I think we're starting to fall into that period now however the good news is we still have a fair bit of time even if we see a little Bounce from this area that we're in maybe the little bounce feels huge maybe.

To make it short and sweet, the best time to buy a cryptocurrency is when you're ready to buy a cryptocurrency. Using the dollar-cost averaging approach, you'll be able to control the volatility of your investment (at least to some degree) and avoid the roller coaster ride.

Never put more into a crypto than you're willing to lose. They are not guaranteed winners or asset classes that provide any sort of security, especially if they tank. Some people have made significant amounts of money on the right buy at the right time, but it’s often more about luck than astutely timing the market.

bounceback

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Quote from: Editbar on October 10, 2022, 09:11:05 AM

This is important especially at this point in the market because we are so low already with the prices of cryptocurrencies however the old saying is if we go down 80 nothing is stopping us from going down another 80 so we want to identify the best times to be buying altcoins for those longer-term swing trades

Buying old coins? so I think only bitcoin is the only old coin that is worth buying and making it a long-term investment because if we look so far only bitcoin can provide large returns for us when the bull market comes, last year I bought some LiteCoin coins (LTC) at a price of around $350 when the market was experiencing an upward trend and hoped that the coin could benefit me but after making a purchase with it suddenly the market collapsed until now so that I had to experience a decrease in half the value of my total portfolio.

JeffBrad12

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Huh, I've heard a few rumours recently about some LEDU starting an educational stuff. Have you heard ? Check this out to confirm for yourself. www.ec Join our Twitter via http

I heard rumour that if EDU was a scam project but that's probably true caused by when i have checked EDU's btt accounts and it contains so many negative trust caused by that edu team was a scammers. lol

Quote from: Paul Pogba on October 13, 2022, 01:53:50 AM

The market is currently bearish so many coins including old coins also seem to continue to decline, I think the best time to buy old coins is when the market is at the bottom, of course from the start we have to target which old coins we deserve to buy.

I think so, there's no bottom and it's very hard to predict how deep the old coins will be. what we can do to follow the market and try to prepare our money to buy in the various price to make sure we can avoid the risk,

dataispower

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Quote from: RussianEnglishTranslation on October 10, 2022, 10:22:13 AM

You can't time the market, the best you can do is buy when its' red and sell when it's green. TA is a meme. The best solutions for accumulating wealth in a bear market besides trading is staking and yield farming. I suggest staking ICP and yield farming on FTM or MATIC.

Market of cryptocurrency have timing, if you are a good investor or trader you have to know the specific time that is due for someone to buy coins that will yield to profit, do you know that the reason why everyone is concentrating in buying Bitcoin and hold during the bearish market, it became obvious that long term holders of coins acknowledge those period of dip market, because they saw it as opportunity to invest more coins against bullish market, some crypto billionaire today invested when bitcoin price was low, and today the price is high.

KaliLinux

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Quote from: kesmex on October 10, 2022, 10:51:26 AM

Quote from: bitkanu on October 10, 2022, 10:39:43 AM

Quote from: akbur.hossain on October 10, 2022, 10:04:04 AM

I don't understand what old coins you mean. But some of the things found in older coins are development and community and blockchain technology is right. They are playing a leading role in maintaining the market in a very good way

old coins meant the coins that already exist since a long time ago just like bitcoin, ethereum etc. Those are old coins in the crypto that still exist till now caused by they have very strong fundamental. You have got the points mate. that's why he was looking for old coins as his investment. The fact that if old coins are also giving people more opportunity to make money as well as low cap coins.

Old coins like Bitcoin, Ethereum, and BNB these three coins are unquestionable,
by having strong fundamentals, the three coins are very suitable for long-term investments,
profitable or not, it really comes back to how we trade

I do agree as well. I believe these three coins are a good choice however, I don't think because the projects are termed old means they are not worth investing in. If they have good utility it will create demand and for focused Investors, these are some of the things you look out for. So it is not only a question of when to buy but also what is the project's purpose and level of acceptance cos we understand why BNB for instance will still be a good investment.

bitgolden

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It is not about what you bought was created in, but what success the thing you bought will have. There are coins that were created back in the day and have absolutely no possibility of going up and will crash, even if they are old, they reached their peak and will never come back to it, and there are new ones who are just starting out and will go up a lot more than what it has so far because it hasn't seen a big bull run yet.

So in the end, it is not about when it was created, but what the future holds for them. Which is why it is easier to understand how we could profit from it, and that will not end up with just a small look at the date of it, needs to be further along the way.

Kelvinid

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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.

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there are a lot of old coins on the exchange but only a few have a good future that is worth investing in long term.
everyone on this forum has a choice of old coins that they make long term assets but for me the choice of old coins that do have a good future is bitcoin.
and for the case of buying time problems, currently bearish is still ongoing and it is the right time to buy the old coins that have become their respective choices.
keep in mind that not all old coins have a good future to invest in considering the volume in the market is very low and has very low demand.
choosing the right old coin is the best choice but don't choose the wrong old coin that will not have a high value future

When the market is falling like now, it is better to hold back and do nothing, we don't know whether the market will rise or fall again, because many experts believe that prices will drop again because the current global economic situation is very difficult due to inflation.

I'm sure the market will also recover especially Elon Musk has also tweeted about Bitcoin, and he said "20000".
of course this is a good sign maybe it will go down first to support $18k and go to $20k,
I think if bitcoin drops to $18 k that's a good time to buy old coins like BNB, Ethereum or XRP.

Paul Pogba

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The market is currently bearish so many coins including old coins also seem to continue to decline, I think the best time to buy old coins is when the market is at the bottom, of course from the start we have to target which old coins we deserve to buy.

michellee

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Bitcoin is an old coin that still exists today and has become a leader among all coins. And if @OP meant bitcoin, he just needed to find the lowest point in the price to start buying. And now it has entered its lowest point, although we don't know if the price will stay in this price range or go back down to the low price. But if the old coin isn't just bitcoin, it needs more research because almost all coins will follow bitcoin's movement and if bitcoin goes down, maybe it will be the right time to buy it.

GreatArkansas

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What is your basis for old coins? How many years since it existed?
For me, the best old coins just are those altcoins that are a high market cap group, which is like the top 1 - 20 highest market cap.
So for me, the high market cap is, the more it's safe, especially if you are talking about old coins. And another thing to consider is their project, make sure they are still active and still on-track for their roadmaps.

Topic: When is the best time to buy Old Coin? - page 2. (Read 678 times)