Topic: when is the right time to buy cryptocurrency? - page 6. (Read 23121 times)
There is no right or wrong time to invest in cryptocurrency. What all need is right information and knowledge about this market. Normally if you invest in a down market and hold for some time there is a chance that you will make some profit. But if you investment in the wrong place whenever you invest you will be in loss. So I would say that better gain some knowledge about the market then go for any cryoto any time you will be in profit.
buying cryptocurrency tokens can be done at any time. but it is better when the token price has decreased and it also has good potential, so you can buy at a low price and sell at a high price later when the price has increased
Bear market is the best time to buy coins.everybody has their own specific manner of purchasing crypto, few people get it early, some tipe of people get it exceptionally late,many people get it when it goes up trusting it will keep on going up,many people sit tight for it to crash to purchase.for me if time is bear market then thats time is the best time for buying .
I have read it at times that you buy cryptocurrency when the price is low and sell when the price is high. All your listed factor is correct, knowing about the project as well is embedded. This is a risky investment so you dabbed in whenever you think you are a risk taker
^ for me buying cryptocurrency anytime is still profitable. not all cryptocurrencies are of high-value today. for example, the DeFi token was bullish some time ago even though in the previous year it was not attracted by investors.
So that you don't lose in the future, before buying or investing in a cryptocurrency, choose the cryptocurrency with the most bullish potential in the future, do a little market research.
So that you don't lose in the future, before buying or investing in a cryptocurrency, choose the cryptocurrency with the most bullish potential in the future, do a little market research.
The right time to invest, of course, is the start of any ICO campaign, provided, of course, that this is a very promising project with a good team. And, nevertheless, there is a great risk, therefore, it is necessary to be very careful about the study of the chosen project.
I think ICOs are dead now and there are no good projects that use ICOs to raise funds. Right now, good projects call capital through the IEO of big exchanges or use the smart contract of ERC - 20 to raise capital.The current Defi projects do the same, and for the most part it has grown fairly strong when listed on Uniswap. I think this is a way for us to make better money than investing in ICO projects, the crowd is always making the price go up because of their fomo.
All the points listed are realistic and well sorted out but for me, I would go with your numbers two and five. For me, I would say when the price is down you can buy any cryptocurrency of your choice, and also when the project is listed on a big exchange.
Buy when the market is crashing. This is the best time to buy a crypto. If it happen you wish to buy crypto in an ICO period which is more risky then I suggest to buy a crypto which is being managed by a good bounty manager like @Hhampuz. Most of his projects managed are successful and you can even check his trust feedbacks. There are other good bounty manager as well like @yahoo62278 whom established but I did not see him promoting ICO projects.
Now that bitcoin is bullish again, this would again entice some buyers to risk money for altcoins as they are also bullish at the moment.
However, I don't think it's good idea to buy now, if they would buy, why not during the time when bitcoin was on a correction, they could get a good price for altcoins that time as it dumped significantly. As to what coin, just DYOR, we are responsible for our own action, at least we don't blame anyone, but ourselves in case we make mistakes.
However, I don't think it's good idea to buy now, if they would buy, why not during the time when bitcoin was on a correction, they could get a good price for altcoins that time as it dumped significantly. As to what coin, just DYOR, we are responsible for our own action, at least we don't blame anyone, but ourselves in case we make mistakes.
i agree with this opinion, what we can do only analyze, bcs the price move sometimes unpredictable.
It's no longer sometimes, but it is clearly unpredictable that many people have made wrong predictions in the past, so obviously everyone has to analyze repeatedly on every price seen in order to make comparisons and predictions that are a little more accurate.
In my opinion, when is the right time to buy depends on our investment plans, whether for the short term or the long term. If we invest for the long term, what needs to be considered is the continuity of the project in producing the product. The exact time is hard to predict in my opinion because prices move very fast.
It is difficult to determine when is the right time to buy coins or tokens. In my opinion, if we have analyzed and created a strategy, we can buy and set a stop loss or profit target. Prices are very volatile and all we can do is analyze it, if it doesn't fit our analysis I think we can evaluate it. Unless we invest for the long term, because it requires patience
i agree with this opinion, what we can do only analyze, bcs the price move sometimes unpredictable.
But what you forgot to mention is "Buy When you have Money that can be risk in this investment"
because this is not easy market to Make investment and even how we Look at it still we sometimes being Mislead.
So All your advise is perfect but still Make sure that the Money use to Buy crypto is a willing to be a loser or in a waiting .
because this is not easy market to Make investment and even how we Look at it still we sometimes being Mislead.
So All your advise is perfect but still Make sure that the Money use to Buy crypto is a willing to be a loser or in a waiting .
Many people are still finding it difficult to know when to buy cryptocurrency in the market. I think the best time to buy cryptocurrency is when the price is low in the market, it will be very good for anyone who want to buy and wait for the price to increase before he or she can release the coins for sale to enable them to make a big profit from their business.
we all know that the best time to buy altcoins is when they are cheap. however, in my experience, some people are afraid to take the opportunity because of the risk of a more severe reduction. Well, that's true, so before investing, make sure we all know the conditions that exist in these altcoins. therefore research and analysis need to be done to find out the right time to buy altcoins.
The right time to invest, of course, is the start of any ICO campaign, provided, of course, that this is a very promising project with a good team. And, nevertheless, there is a great risk, therefore, it is necessary to be very careful about the study of the chosen project.
For me, the best time to buy cryptocurrency is when it drops dramatically, such as in March 2020. These were the best prices in the last few years. I always buy cryptocurrency at the bottom, thereby earning.
1. buy coin during ICO, IEO or STO;
It doesn't matter, better to focus regarding the project it is.Quote
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.4. buy when the price starts to increase (pump);
Quote
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.5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
You rejected all of the option.
I am also in big trouble and hesitation in buying. If you know what is the best period for buying please learn me.
I am seeking for knowledge about this.
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?
Keep note my ideas when have you buy some coin for trading or long term investing, always buy coin during get bad news and sell then after get good news, never buy any coin after get good news because you will stuck in higher price and down never give chance any more for you to get profit and holding more long time. Maybe you can try to buy when coin have going down last last two days and now you can see how raise up bitcoin and exactly with ethereum have raise up too, never buy coin during ICO right now because many ICO project failed for listing on market and many investor not interested with ICO now. 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?
indeed no one knows the right time to buy cryptocurrency when no one knows but in my opinion with you buying cryptocurrency at any price then you have to be able to hold your emotions and don't let you be influenced to sell cheaper when you buy.
You can tell if you do your research and are not careless in choosing coins. do basic things like buy dip and sell when the price goes up. it is probably the most basic way to make a profit. but we also need to know about researching a project so that we get coins with good value For the new project if there has many partnership with top exchange then I can consider easily for investing otherwise I won't late buy cheap price for a old top coin. At least if we have enough knowledge about crypto market then every action we can invest any time.
investing anytime is not a good thing for you to suggest, crypto currencies have a high risk and high volatile,
you must know that before investing, if the price is still at the top and you buy it, of course it will make your emotions control and feel sorry,
of course you have to pay attention to that.
I bet that everyone knows the principle of investment which is buy at low price and sell at high price. This time i guess wasn't that good enough time to buy because of high demand of cryptocurrency especially bitcoin which was highly risk and highly volatile. Which i guess everyone was dreaming off of having bitcoin as an investment. However there are also some altcoins that was worth investing for at this time which i guess would still affordable like XRP and the good thing was it is continuously rising its market value.
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