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Topic: when is the right time to buy cryptocurrency? - page 16. (Read 23267 times)

sr. member
Activity: 1848
Merit: 341
Duelbits.com
I have an extra point, which is when everyone is asleep and only you see the price of bitcoin drop to $ 9,000 Smiley you buy it, then the price goes back up again to $ 15,000. maybe enough to buy some food, enough to buy a new house, enough to buy a new car and enough to add a new wife. lol: D
member
Activity: 560
Merit: 26
1. buy coin during ICO, IEO or STO;
I will not buy any IEO coin except if it was carried on binance exchange, the rest is too risky

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2. buy when the price down (dump);
This is absolutely right though it's recommended by expert and traders to buy at general support. Setting a limit buy is the best option.


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3. buy when the project has a good news
Sorry, but you are wrong about this one. You buy the dip and sell the news, that way you can make cool profits out of it. You don't buy into news.

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4. buy when the price starts to increase (pump);
This is quite dangerous as well, you can buy into a trap. Day traders experience this a lot especially when whale try to shake the weak hands.
legendary
Activity: 2184
Merit: 1302
Your op suggests you're talking more about altcoins and ico projects, so it's going to be very difficult to decide when is the right time to buy a token, they are mostly pump and dump coins, so even if you think buying when they pump is a good idea, then the coin can dump sooner rather than later, it now makes it look like you're just gambling around.

Imo, talking about altcoins, your concern shouldn't be when the time is right to buy, but how good is the coin you're about to buy, take ethereum as an example, it's reliable and I don't think there is a time that could be wrong to purchase eth, it's not a pump and dump coin, and it's constantly improving it's network; look more into how sustainable the project or crypto is before buying it and not the right time.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
November 07, 2020, 10:33:11 AM
#9
~snip~
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?
These method could be separated in two part. One for new launched project and coins, another part for top and established crypto coins. 1st, 5th and 6th method is effective only for new coins or project. And it won't be a good decision to buy new crypto which gets dump after launching. Observe and learn crypto market then finally take your decision. It will help much to buy crypto in appropriate time.
member
Activity: 490
Merit: 10
November 07, 2020, 10:00:50 AM
#8
Buy USDT or other stable coins and hold for big price dump from top coin or altcoins, crypto is highly volatility so dumps will always come, now that bulls are taking over don't bother buying anything unless you want to take risks with new altcoins, mind you the higher the risk the higher the reward, DYOR
full member
Activity: 1568
Merit: 100
COMBONetwork
November 07, 2020, 09:49:10 AM
#7
The time is right to buy cryptocurrency is a now!
Don't regret it if the price of an altcoin like Tron, Xrp or Ethereum reaches an all time high again,
and don't let you forget the hidden gem on the low cap, many good projects are still very cheap, accumulate and sell when ath is fulfilled.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
November 07, 2020, 09:46:20 AM
#6


If you mean altcoins being cryptocurrency, then there is no better time than now. The news about governments using Bitcoin I think will legitimize the altcoins as well particularly ETH and others. While more altcoins, for now, are cheaper than $0.10, it's best to grab some even for worth $50 to at least secure which one will go high whenever everything goes to the moon.
member
Activity: 532
Merit: 41
November 07, 2020, 09:37:46 AM
#5
Nothing is better than buying a good coin that you've study very well at a lower prices, what I meant about study very well is the kinda coins that always recovers once market turns green for top coins like bitcoin and ethereum, you can also buy coins that conduct IEO on binance, they are always profitable
hero member
Activity: 812
Merit: 512
November 07, 2020, 09:31:20 AM
#4
Unfortunately, this is not easy like that, we have an example of a fall project and rekt in each of those 6 steps, you need to find your own way and following 2 rabbits at the same time just make you lose either of them , If you like ICO, IEO then you need to do research on the company, team, whitepaper fundamental news, etc , If you wanna trade get expert in TA, following hype would get you rekt probably so just don't listen to the moon boys in telegram groups!
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
November 07, 2020, 09:18:20 AM
#3
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.

legendary
Activity: 1834
Merit: 1208
November 07, 2020, 09:18:13 AM
#2
1. buy coin during ICO, IEO or STO;
It doesn't matter, better to focus regarding the project it is.

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2. buy when the price down (dump);
4. buy when the price starts to increase (pump);
This method wouldn't work since you're only use your luck to buy the coin.

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3. buy when the project has a good news;
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
This is FOMO, don't get tricked by this kind news. Most of time you'll ended up in loss since the FOMO is over.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
November 07, 2020, 08:49:01 AM
#1
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?
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