Best time to buy has always been "sporadically", I do not buy it when its new, I do not buy it when its old, I do not really care at what stage or what is going on at that time, I just buy it time to time to increase my position and that's it.
There are not that many of us but we are not few that just focuses on having a decent and respectable crypto portfolio that we put money into time to time, when we do that we increase our portfolios worth and sometimes we fail about few coins which drops our portfolio down a lot but we keep them up and we buy more from the good ones and just keep increasing the value. One advantage of this is the fact that while you are saving money aside, you are gaining from the increases of crypto world and still keep your money away from banks and governments.
Topic: when is the right time to buy cryptocurrency? - page 14. (Read 23259 times)
2. buy when the price down (dump);
3. buy when the project has good news;
this has often given me advantages until now, even though sometimes I have suffered small losses, in essence, I like projects that have FOMO and hype 3. buy when the project has good news;
I like challenges
good news will bring a lot of demands to any crypto, thats why when the good news coming the price of any crypto will soar
but about buy when the price dump, i don't agree with this one, because sometimes the price dump and dump again then the coin thats indicate if the coins will going to be dead
2. buy when the price down (dump);
3. buy when the project has good news;
this has often given me advantages until now, even though sometimes I have suffered small losses, in essence, I like projects that have FOMO and hype 3. buy when the project has good news;
I like challenges
good news will bring a lot of demands to any crypto, thats why when the good news coming the price of any crypto will soar
but about buy when the price dump, i don't agree with this one, because sometimes the price dump and dump again then the coin thats indicate if the coins will going to be dead
For me, the best time of buying a coin is in the higher low of a bullish trend for a well established coin. When you are going with ICO, IEO or any new coins, you're risking more. When you jump into the low side of a bear, you never know when the price would come up. But when you buy on lows of a bullish trend, you are quite sure to make a profit or if the price don't play as you aim, you can sell them for quick exit without a large loss.
Except Bitcoin I have never invested money or time in any other cryptocurrency. If you are planning to buy Bitcoin then my suggestion would be anytime is good and then keep on accumulating more, hodl until you make a decent profit.
Nah, that's not my strategy I always go with market rule buy in low and sell in high. I recommend not to buy when the price is high because it's very risky, We have a genuine example of people who bought BTC for 20k until now they are waiting patiently to get what they invested likewise be careful you can't expect the market will be green forever so think wisely and buy accordingly.
there is not a single answer valid for all coins/ crypto currencies / tokens. The best answer is have a good knowledge about the project and make a movement only in certain period - or price range.
As example, I have taken good profit with old tokens like ICX just because the price was around some limits easy to predict. The same could apply with some projects but mostly advantage come from knowledge.
As example, I have taken good profit with old tokens like ICX just because the price was around some limits easy to predict. The same could apply with some projects but mostly advantage come from knowledge.
And this is what fomo news and all the list you come up with is how this market trended to attract users. Maybe the approaches to projects of you and I are different, but I find that new projects that come up with little potential if really interested and spend time learning about it and maybe If buying private, the chance of profit is huge.
2. buy when the price down (dump);
3. buy when the project has good news;
this has often given me advantages until now, even though sometimes I have suffered small losses, in essence, I like projects that have FOMO and hype 3. buy when the project has good news;
I like challenges
For me the best time to buy a coin is when prices are down and there is an upcoming news for the project, especially when the team has proven track record of development and reliability. Fundamental analysis in combination with TA works best from personal experience, hence once I see a coin with good fundamental analysis like awesome product release or listing on top exchange, I check chart and if there are good signals in confluence, I don't hesitate to bag some. Everyone has their own strategy, there is no perfect best time to buy cryptocurrency.
Take advantage of price dumps or bearish moments, you can easily do this by storing stable coins and watching the market or just go to top exchange and create a order, just make sure the coin you choose is a very good one with high trading volume, buy low and sell high, lots of patience is needed though
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And we hear these things so many times, but until asked if you ever made a mistake? Everyone will agree with me that we all made mistakes. Mistakes are inevitable, factors like that will train your kidneys to have more experience what to do first but problems like that. There is both profit and risk in this market so your time in the market will make you a more complete person.Even we can't really relieving 100% mistake, but we can give some good suggestion to prevent from that. Probably you can explain or give your opinion if my suggestion's not correct as you think.
I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
This is a no-no for me. I tried it in 2017 and got severely burnt. I rather wait for the token to be listed on exchanges if it's a desired token and then buy.1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
This is the best buying strategy for me. But the nag with this is one's ability to decode if the dump isn't a soft exit. Otherwise, one will end up buying into a project whose devs have dumped finally.3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
This would be you chasing price because it's FOMO and it isn't good. You can buy on the rumour of the news (that's before the news is made official), but not on the news.4. buy when the price starts to increase (pump);
6. buy when the project already has a product.
Exchanges are overrated. I don't buy a token because it's listed on Binance or some other big exchanges. I buy tokens which have a use case.
The demand for Bitcoin slows down during the weekends, pushing its price to be lower on Mondays. On the contrary, Bitcoin price is assumed to be high on Fridays and Saturdays. and also cryptocurrency volumes are higher on Mondays and a more cautious behavior expected as the week goes by.
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Each of these points may be correct, but not individually, but taking into account the other points you have specified. I like to buy tokens on IEO exchanges, as well as at the moment when the token has already reached the lowest price and begins its upward movement.
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5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
I didn't see any perfect time in investing but considering these two strategies will help and give us assurance for not losing our money in the thin air. Most investors will look at product availability in the market than considering the price. However, we don't just need to be confident enough because they have a working product, listed on big exchanges but as investors, we also have to monitor the market situation. Many projects look like that but you'll be wonder that some of them haven't longer stay potentials, they just vanish by then. 5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
This is very important before investing in cryptocurrency to always check the project if legit and with real products. The above list you mention is helpful especially to the new ones in cryptocurrency. Never invest without knowing the project as we all know their are many fraud these days so we have to be careful as always.
I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
Number 2 should not be considered because the dump could mean people are losing trust in the project unless the project has potential and only hunters are dumping the coin, number 4 should also not be considered some of them are pumping then dumping then gone, buy a coin on the strength of their platform, even if it is listed in small exchange it will soon grow.
Every recommendation on the OP should be carefully understand before making the decision. STO is no more attractive in the market so it might demand looking for what is selling in the market now eg Defi, NFTs. Not all coin can be bought when the price dumps except Ethereum and Bitcoin. Buying the news in cryptocurrency might be exit scam if the community is not large and supporters have all left.New Projects with long roadmap and good tokenomics may be considers against the old coins
I have tried several ways when buying cryptocurrency, some are successful and some fail. So far I always buy cryptocurrency when the price starts to go up, This trick is very effective and until now I always use this trick. Whereas point number 5 (buy when coins from projects are listed on major exchanges) are also very good, but we must actively monitor price movements, because most of the coins listed on major exchanges still do dumping, only some of them managed to hold the price after being listed on the stock exchange.
I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
You have to research the project first, not all IEO, ICO, STO projects are good.1. buy coin during ICO, IEO or STO;
Quote
2. buy when the price down (dump);
Just like number 1, you have to do research first for the project because not all coins that have been dumped will go back up, some are even more destroyed.Quote
3. buy when the project has a good news;
Not all good news has an effect on price movementsQuote
4. buy when the price starts to increase (pump)
5. buy when coin from the project listed on big exchange;
This is usually called panic buying, and it is not good because if you buy it while the price is going up, you don't know the price will continue to go up or maybe vice versa.5. buy when coin from the project listed on big exchange;
Not all listings will bring a price increase
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6. buy when the project already has a product.
There are also many projects that already have products but the coin price is not good enough. Jump to: