When to buy - question to Hodlers - page 2.

Mahanton

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Quote from: pragna on May 20, 2020, 10:20:03 AM

Its a very challenging question that when to buy as market is very fluctuating. I think when you think to buy a token you must see some characteristics of market like- that tokens last 15 days price up down statistics and at the same time BTC price. As per example i bought some KICK & DRG tokens last month but matter of sorrow that when i bought tokens BTC turned to pump so tokens price again fall and fall. Now if i can buy again that tokens in low price average market will my favour and when market will up, i will be gainer.

So like this example you have to think market condition before buy and you will be gainer.

thanks.

It will really just depend on the coin you are into because not all that have dumped would have the chance to pump.So its really hard to tell or to decide if you would buy those coins or would be afraid to do so

because its just normal that you would think on that it might even dropped way more lower thats why its really hard to make decisions here on a speculative market.Just like on whats said above on where it

do really need some sort of gambling decision because you would need to risk on if you do really believe on a particular project.

ethereumhunter

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Quote from: giammangiato on May 18, 2020, 02:42:43 PM

I do the same, I buy each week a little amount of BTC not looking the price. In the long time I m in positive respect my investment. I also checked this kind of strategy on a website that simulate for amount, timing, and other variables the % of gain. With 10$ for week in 3 years since 2017 you are +66%

That is good. At least you can have more and more bitcoin while the price is not too high now. Who knows, if in the next months, bitcoin price increase more than the price now, and hit $10k again, so that means, you will make a good profit from that. And after the price hit the highest price, the price will go down again to make a correction to the lower price, and it will go to the higher price again. That will happen like that, and it will happen many times.

pragna

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Its a very challenging question that when to buy as market is very fluctuating. I think when you think to buy a token you must see some characteristics of market like- that tokens last 15 days price up down statistics and at the same time BTC price. As per example i bought some KICK & DRG tokens last month but matter of sorrow that when i bought tokens BTC turned to pump so tokens price again fall and fall. Now if i can buy again that tokens in low price average market will my favour and when market will up, i will be gainer.

So like this example you have to think market condition before buy and you will be gainer.

thanks.

giammangiato

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Quote from: xxjumperxx on April 27, 2020, 03:21:37 AM

Hi fellow Hodlers,

I hope Im right in this subforum to ask the following question that has probably been asked plenty of times?

When do you buy or do you spread out buying Bitcoin with FIAT?

I myself buy Bitcoin every month no matter the price for a set amount from my paycheck, in hopes of averaging the price I buy for.
Before doing that Id wait and hope to catch it at a lower price but that always seemed to go in the wrong way, aka. price went up =)

Im just asking because I want to know if there is a more effective way to do it?

tl;dr When do you buy your Bitcoin?

I do the same, I buy each week a little amount of BTC not looking the price. In the long time I m in positive respect my investment. I also checked this kind of strategy on a website that simulate for amount, timing, and other variables the % of gain. With 10$ for week in 3 years since 2017 you are +66%

Vitalicus

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Quote from: spike420211 on May 14, 2020, 04:49:42 AM

I take profit in fiat after growth. As a rule, any continuous movement is accompanied by a natural recession.
Such moments help me increase the number of BTC on the balance. The main thing is not to be greedy and come back in time.

I also have the same thoughts as you. The principle of investors is not to rush. Our mentality must stand firm against the rigors of the market. There is no benefit to those in a hurry. It took me several years of holding BTC to become rich.

Cootie

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Quote from: xxjumperxx on April 27, 2020, 03:21:37 AM

Hi fellow Hodlers,

I hope Im right in this subforum to ask the following question that has probably been asked plenty of times?

When do you buy or do you spread out buying Bitcoin with FIAT?

I myself buy Bitcoin every month no matter the price for a set amount from my paycheck, in hopes of averaging the price I buy for.
Before doing that Id wait and hope to catch it at a lower price but that always seemed to go in the wrong way, aka. price went up =)

Im just asking because I want to know if there is a more effective way to do it?

tl;dr When do you buy your Bitcoin?

It is always best to buy it when it is on its floor price. Just like commodities, it is best to buy when the price is cheap. That's effective. You can get more profit from it obviously. But it still depends on the the price by the time you sell. It's not the buy price that you have to consider but also the sell price. Actually it is more important because your profit will depend on it, not on the buy price. So, try focusing on that too.

carlfebz2

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Quote from: Joyawan13 on May 17, 2020, 06:11:08 PM

Quote from: carlfebz2 on April 27, 2020, 05:49:59 PM

Quote from: xxjumperxx on April 27, 2020, 03:21:37 AM

Im just asking because I want to know if there is a more effective way to do it?

tl;dr When do you buy your Bitcoin?

Since youve been considering for long term aspect then the thing youve been doing is just fine where you dont matter much on what price you had entered or bought as long you do aim and just tend to accumulate as much as you can.Being a hodler wont really be that easy where there are lots of temptations of selling off specially when you do saw you are profiting nor the price had gone down on where you had purchased.
So its up to you since its your money after all and buying anytime will be the best thing to be done specially if you arent really that caring much on its price for short duration.

yes, indeed for example we want to buy and want to store bitcoin for a long time, you are not afraid of being wrong, because it is different if you buy bitcoin for you to trade in a short time, so for example when you buy it you think it is a high price and at that time bitcoin has lowered the price it doesn't matter, because when bitcoin has lowered the price for example you don't panic to sell it and you let the bitcoin that you already have, you won't lose the bitcoin that you have, so invest as much as you want for example you believe bitcoin will bring You to a better future.

Thats average costing where you buy on a lower price if it tends to drop but it doesnt mean that you would focus or go all in in this case because we know that theres no assurance that btc would last up forever.

Always mind of the risk involved even if you do stick with Bitcoin but it doesnt mean that you are already on safe haven.Always take measures on possible scenarios to happen, whats important is that you do
able to secure out your profits and re-roll your profits to gain another profit.In that case, if market becomes worst you do at least wont regret since you already have secure initial investment.

cytpoway121

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Before buying, there are certain questions needing answers

1. Are u buying on the long or short term?
2. Are you well informed about the token you want to buy?

Answering those questions to yourself honestly will go a mile in dictating when to buy because you have information to guide your decision, the most idea way to buy is when it is bearish and low in price, second way is when it has a good support and showing confident prospective of having a bulls soon.

It all boils down to you doing a very good job researching

Joyawan13

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Quote from: carlfebz2 on April 27, 2020, 05:49:59 PM

Quote from: xxjumperxx on April 27, 2020, 03:21:37 AM

Im just asking because I want to know if there is a more effective way to do it?

tl;dr When do you buy your Bitcoin?

Since youve been considering for long term aspect then the thing youve been doing is just fine where you dont matter much on what price you had entered or bought as long you do aim and just tend to accumulate as much as you can.Being a hodler wont really be that easy where there are lots of temptations of selling off specially when you do saw you are profiting nor the price had gone down on where you had purchased.
So its up to you since its your money after all and buying anytime will be the best thing to be done specially if you arent really that caring much on its price for short duration.

yes, indeed for example we want to buy and want to store bitcoin for a long time, you are not afraid of being wrong, because it is different if you buy bitcoin for you to trade in a short time, so for example when you buy it you think it is a high price and at that time bitcoin has lowered the price it doesn't matter, because when bitcoin has lowered the price for example you don't panic to sell it and you let the bitcoin that you already have, you won't lose the bitcoin that you have, so invest as much as you want for example you believe bitcoin will bring You to a better future.

ballerin and giroud

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Quote from: Xxmodded on May 13, 2020, 04:34:56 PM

Only one solution for good timing to buy and invest with cryptocurrency when bitcoin and altcoin have been support price, maybe you must waiting for when your target coin to buy touch lower price and sell after break out to higher price.

We can't expressed that the coin price has decreased and already at the lowest price if we don't have any strategy. You can't use your prediction without any analysis, you will be depend on FOMO if you doing that and will make you get lose instead of you get profit. At least you have to know the trend line strategy, I think the strategy is really simple and easy to understood. And most trader out there has considered that trend line strategy is the best way to start buying and selling bitcoin or altcoin.

bct_ail

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https://t1p.de/6ghrf

Iam not sure if this BTC DCA tool is already be mention in this thread but it is a nice tool to see how your portfolio would have performed if you would have invest in Bitcoin with different parameters.
For example: If you would have invest 300$ a month during the last 3 years, you would have a 31.43% gain. But if you would have invest 10$ daily in the same period, you would have a 64.33% gain instead.
https://dcabtc.com/

...No matter how you do it, you do it wrong. Cheesy

spike420211

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I take profit in fiat after growth. As a rule, any continuous movement is accompanied by a natural recession.
Such moments help me increase the number of BTC on the balance. The main thing is not to be greedy and come back in time.

carlfebz2

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Quote from: chaser15 on May 13, 2020, 02:30:45 PM

Since they are holders, they don't really care whether it's uptrend or downtrend as long as they think that a certain price is good to buy.

They will not sell after all so if ever a downtrend happened right after they bought, no worries as they will hold no matter what.

There is no definite answer about WHEN so try to make up an own decision by doing research and analysis.

When you do have that HODLER mind then you would definitely do such thing where buying up coins when you do think its cheap and
dont tend to sell no matter how high the price do peak out.This is truly a definition of being a hodler but it isnt really bad to consider
to sell out on peaks for you to secure out profits.Just like what happen on previous ATH where people should cash it out
then buy again when the price goes down in 3k levels.Rinse and repeat.

Quote from: Xxmodded on May 13, 2020, 04:34:56 PM

Only one solution for good timing to buy and invest with cryptocurrency when bitcoin and altcoin have been support price, maybe you must waiting for when your target coin to buy touch lower price and sell after break out to higher price.

Aiming for support? Everybody does but not all does have the balls to buy when the market is declining and thats a fact.

vicoma

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You are really doing good if your intention is for long period. According to you, you are not a day trader but buy monthly when you have your paycheck. There are a lot of strategies to speculate when the price might go down or up. There are something called technical and fundamental analysis, you can have research on this.

Xxmodded

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Only one solution for good timing to buy and invest with cryptocurrency when bitcoin and altcoin have been support price, maybe you must waiting for when your target coin to buy touch lower price and sell after break out to higher price.

chaser15

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Since they are holders, they don't really care whether it's uptrend or downtrend as long as they think that a certain price is good to buy.

They will not sell after all so if ever a downtrend happened right after they bought, no worries as they will hold no matter what.

There is no definite answer about WHEN so try to make up an own decision by doing research and analysis.

mersal

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Best ever time to buy bitcoin is right after a huge time, more precisely when everyone start panic selling.This is the stratefy used by whales so as a smart investor we have to use this opportunity to make money for ourselves.

Buying from paycheck on monthly basis is also a great idea for real long term investors.

Subbir

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I think now's an honest time to shop for from holders When the worth of BTC goes down if we buy and hold it then the worth will go up later Therefore, before buying a currency you've got to seem at the trading charts to ascertain which currency is probably going to travel up by crores. I can easily analyze through charts it's possible to urge more profit by investing in BTC. While the costs of other currencies are less likely to rise the costs of BTC and Ethereum are likely to rise So now's an honest time to shop for.

Stedsm

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@OP, take everyone's advice with a grain of salt here because nobody can exactly say/predict when to buy BTC (they can't even predict what's the bottom for the year even if the bottom has already been served on the charts to them). Try to buy more every time you see a drop because drops are chances, huge chances of coming back and BTC always bounces back. Even if you bought at $20k and you'd have bought higher amount of BTC but the USD value is exactly the same - at $3000, you should be in green already.

Yamifoud

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Quote from: masulum on May 12, 2020, 04:55:34 PM

Quote from: TheGreatPython on May 12, 2020, 12:46:37 PM

-snip-

Yes, you are right if we just need to see the price. When someone decide to be an active trader, he/she want to get daily profit. When you say if we are buy in 8k and drop to 6k, bitcoin will back to 10k or even higher in the future, but its not effective for daily trader. That why many trader using indicator, with this tools at least they can analyze, take a decision or even set cut loss to minimize his/her asset drops in short period. Your suggestion for holder only, not for daily trader i think.

Using trading tools have that advantage than using nothing and it is quite difficult for day traders when they don't have any of these. Because in the situation as we have, it will take a big role and I think holders will do the same. Actually, I'd tried it to do trading without any indicator or any trading tools, you can say the difference and it is really hard to make a profit. That is how important to have them and use them all the time, not only for traders but also for you as an investor.

Topic: When to buy - question to Hodlers - page 2. (Read 1067 times)