Pages:
Author

Topic: when is the right time to buy cryptocurrency? - page 5. (Read 23121 times)

full member
Activity: 1258
Merit: 104
It is difficult to say the exact time to buy in cryptocurrency, but looking at the regular market volume, if the coin seems to be in the top ten or top twenty but the price has dropped a lot, it can be purchased.
Yes, that means that in general everyone should always keep an eye on the coins that are always in the top twenty in the ranking, because if the price of those coins has dropped a few percent on many exchanges, then that's a good time to buy.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Crypto is volatile and that's why you have to take action as per the market situation.
Dealing with each situations gives you a good hint in what particular actions to take., It's very important to acknowledge every market trends.

Quote
According to the time you have to take advantage of the market situation to make a profit.
If you play well and the timing is great collecting profits is really possible from  each time you position your investment.

Quote
If the market is down then you have to invest in coins by seeing its potential and performance for the long term benefits.
Taking those dip as opportunities might be a good basis if you do believe that the project will rise back and provide good compensations.

Quote
If some good news of partnerships happens then this would also create opportunities to make a profit through its impact on the n market.
Those good news coming from the coin that you are following is additinal factors to anticipate good market movements, You need to act accordingly to earned out from it.
sr. member
Activity: 1974
Merit: 453
When looking at coinmarketcap, everyone can see that Altcoins are very good and increase in price according to Bitcoin. But the rapid rise in price mainly from Bitcoin, the Altcoins increased very slowly. So why don't we buy the Altcoins when they're cheap?

This is an idiotic argument. Just because an asset is cheap, that doesn't mean that it is underpriced. Take the example of stock market. Apple is having a market capitalization of $2.08 trillion. Xerox on the other hand, is having a market cap of only $4.6 billion. Does that mean that Xerox is a better stock when compared to Apple? If you are still confused, just look at the last 12-months return for both these stocks.
member
Activity: 116
Merit: 10
It is difficult to say the exact time to buy in cryptocurrency, but looking at the regular market volume, if the coin seems to be in the top ten or top twenty but the price has dropped a lot, it can be purchased.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
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?
Eventually this sentiment is a very accurate and agreeable. If you are planning to buy cryptocurrencies keep in mind of the following method listed but I more prefer buying it when the project is already established and if I can see that that crypto tends to have an upward trend, that is an indicator for me to buy that specific crypto.

And eventually your sentiment will be part of your regrets for a long time to come. I am no expert when it comes to buying and investing, but sheer blind statements of agreement such as this would easily put you as someone who is posting without really thinking. The other veterans here have already spoken before you that what the OP mentioned is not really a right time and not all the tips are worthy of blind following. You have to be vigilant in the markets specially if you have a target coin to invest with.
hero member
Activity: 3038
Merit: 647
The report about governments utilizing Bitcoin I think will legitimize the altcoins too especially ETH and others.
I like to know the source of the report, there's been a lot of rumors in the space now, I would appreciate if you would share the source of the report to verify this and to know its specifics.

This is very hazardous yet can be productive if the task is effective on the lookout. also, perhaps a terrible decision if purchasing coins in the wake of encountering a major siphon. the greater part of the new coins in the wake of being siphoned it is hard to arrive at the most exorbitant cost once more.
hazardous or risky, whatever you call it, that thing is present in the market regardless of the situation, technique here is very simple, just do the right timing, buy at dip, and sell at peak, you would not be lost if you follow that simple technique.

Also, for new coins, well, you have to gamble as the success rate is very low, as in LOW!
full member
Activity: 674
Merit: 100
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?
Eventually this sentiment is a very accurate and agreeable. If you are planning to buy cryptocurrencies keep in mind of the following method listed but I more prefer buying it when the project is already established and if I can see that that crypto tends to have an upward trend, that is an indicator for me to buy that specific crypto.
member
Activity: 537
Merit: 10
The report about governments utilizing Bitcoin I think will legitimize the altcoins too especially ETH and others. This is very hazardous yet can be productive if the task is effective on the lookout. also, perhaps a terrible decision if purchasing coins in the wake of encountering a major siphon. the greater part of the new coins in the wake of being siphoned it is hard to arrive at the most exorbitant cost once more.
jr. member
Activity: 407
Merit: 2
SmartFi - EARN, LEND & TRADE
if you are good in analyzing starting projects then it is better if you make investment even though the coin is still not listed but if you are a type of investor who want guarantee then just make a investment if the project is already listed in a big exchange. There is a right time to buy and sell cryptocurrencies so timing is really a matter especially if you want to make gain in the market.
member
Activity: 536
Merit: 15
There will never be an opportune time. You will never decide with a 100%, likelihood that a token is at the top or not. Good traders essentially have good risk managing skill and are not greedy. Furthermore, on the off chance that you pick where to invest, at that point its better to contemplate the project completely and consider the current market
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
there is no appropriate time. There is just when you ought not to buy, and that is the point at which the project has been hyped for quite a while. Many stand by too long and afterward purchase at the higher high and afterward lose a ton. In the event that you are persuaded of a project, accomplish your work and make a top to bottom investigation, in the event that it persuades you, at that point purchase, simply not when it is at its record-breaking high, ideally in a remedy, in any case disregard it.
sr. member
Activity: 1876
Merit: 318
All the points mentioned in the opening post are not all good methods for buying cryptocurrency, In my opinion, only point
number 5 is "buy when coins from the projects listed on big exchanges" which is the most likely to be profitable. Because
this has often happened, every coin listed on big exchanges has a price pump directly. Although usually the increase doesn't
last long, so we have to immediately take profit before the price drops.
sr. member
Activity: 616
Merit: 250
I always tell people there's no right time if buying coins or tokens. Best time is to buy once there's good dip because waiting for right time maybe wrong period of buying so whenever there's dip, one can buy cryptocurrency coins or tokens. Always do your research a d buy. All coins have it's own altcoins period.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
The cryptocurrency market is constantly growing, and with it the quotes of the main tokens are increasing, so it is almost impossible to determine the exact timing. Before purchasing, perform a market analysis. do not make transactions at random.

yes, an analysis is needed before we buy any altcoins, so, we know when we must cut our losses in short when our predictions wrong
the key is how to minimize the risk, not only about how to het profit my friend
full member
Activity: 680
Merit: 103
The cryptocurrency market is constantly growing, and with it the quotes of the main tokens are increasing, so it is almost impossible to determine the exact timing. Before purchasing, perform a market analysis. do not make transactions at random.
member
Activity: 378
Merit: 15
Lol buying coins at ICO isn't safe and not recommended unless you know the difference between a high quality new project and a crap one, IEO is still fine if you choose through top exchanges projects but the best way to buy coins is in red market, whenever market crashes go for top altcoins including bitcoin and wait for recovery
full member
Activity: 1946
Merit: 112
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?

I believe that different events can be used to choose the right time to buy cryptocurrencies. Your suggested list is fine and can be used. However, if you choose one way, then I think that the best time is the moment when the price of a crypto asset is at the bottom and it can be bought at the lowest price. Personally, I try to stick to this point. In any case, you should have several ways and remember that any investment carries a risk.
member
Activity: 392
Merit: 10
I think cryptocurrency doesn't always make a good profit. When you buy a coin it's not a matter of time before you buy it. However, the right time to buy coins is when Bitcoin is a dump.
You are all right but unfortunately most people buy bitcoin and other coins when everyone is talking about it and as soon as it drops in price they immediately sell it and say that it is a bad investment. Such people need to learn to think not in front and be prepared for such consequences...
jr. member
Activity: 148
Merit: 2
I think cryptocurrency doesn't always make a good profit. When you buy a coin it's not a matter of time before you buy it. However, the right time to buy coins is when Bitcoin is a dump.

full member
Activity: 952
Merit: 110
There is lesser risks if you buy coins when the market is in a bad shape, bear market is the best time to invest in Bitcoin and good altcoins, you might have to hold for a long time but once the market start recovering you will make insane amount of ROI simply because you took advantage of bearish market, be wise
Pages:
Jump to: