Topic: When is the best time to buy Old Coin? - page 5. (Read 678 times)
Depends on the coin you are planning to invest your money with. Not all Old coins have the potential; there might be a reason why it became old with a low market price (assuming that it is 'coz you are planning to invest into it), unless it is like Bitcoin and others. Check for market volume, demand and its popularity still or utility and check if it still has 'life'. There's no such thing as perfect time. Analyze and make a move whether to engage on a particular coin or not. But based on experience, those coins which are left behind by time, are having slightest chance to come back especially if it did not make an impact on its prime.
This will be an interesting story if you can provide proof to all your claims such as screenshot of your buy and sell history to backed up your story. There is a lot of user here claiming this kind of success story without proof while getting the timing on when to buy and sell properly is still the biggest question here in the forum.
Old coin should be evaluated first before anyone buy back again on it because some old coins is already stagnant with low trading volume. These are dead projects that just slowly abandoning the project. Buying these tokens is a trap. But most of the old coins with good trading volume can be bought near the all time low since the current market condition is already approaching towards it.
Old coin should be evaluated first before anyone buy back again on it because some old coins is already stagnant with low trading volume. These are dead projects that just slowly abandoning the project. Buying these tokens is a trap. But most of the old coins with good trading volume can be bought near the all time low since the current market condition is already approaching towards it.
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.
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.
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