Bitcoin Forum

When you're researching an alt for a new investment, is there a certain price range you aim to start at?

A lot of the coins I've invested in have been no more than a couple hundred satoshis and have generally earned me minimal gains, while I've skipped over some coins worth significantly more that ended up shooting up even further. On the flip side, I've also screwed myself over while trying to get in on a pump for a bigger coin.

Obviously the goal is to buy at any given coin's low point, but is it better to buy in to extremely cheap coins or coins that are already a bit stronger?

Invest NOW in bitcoin. It will moon to 9k USD right now. So it is better to buy. Well at some point you can try cheap coins. Invest in ripple you'll get more times profit. You can join some signal group, in order for you to have some signals on what coin to buy.

I bought bitcoin at 6300 and 7100 and 7600 and 7900 and I want to buy more and more.
What should be a good price in the range of 8k to buy ?

Most of my crypto money is in BTC, but I like to diversify. Plus the allure of 100%+ gains that alts occasionally offer is quite tantalizing ;D

I've considered Ripple before, but I don't really see the potential that some people like to talk about. The USD price seems to stay pretty steady even when it pumps, only rising a few cents before dropping back down.

As for signal groups, that doesn't really interest me. I'm already really turned off by PBC and their shady tactics, and I feel like signal groups are doing the same thing just to a smaller audience. It could be possible to gain something from them, but mostly I'd just feel like they're using me for their own gains.

I do not have an actual price usually what i do is identify what is the best support level on a chart, once identified if the price hits the support level then i will buy. It usually work for me but of course not a 100%. There are always a losing trade.

Even though I did buy fairly recently, in the range of about 7700 and 6800, I don't think I'd be buying again until it hit around 6000, as I really can't trust this bubble to keep going up and up and up. MAYBE I'm just paranoid but I know there has to be others like me who think the same things, it's just more and more trading with nothing new about Bitcoin.

Actually for some of the people that think BTC is going to the moon, could you give me a reson for this? I want 3.

What your dong is good all ready to buy at a different price level. But you may increase your waiting time to next time if price corrects then you may get a lower price. It is not easy to tell exactly what price you can buy.

I make an analysis that we should buy it in range around 7k~7k2 but the price isn't stopped at that. So i think i would buy it in the next drop, about 7k3~7k5.

It varies. The given high point and low point on a specific market of crypto (e.g. Bitcoin, Ethereum and etc) differs base on how much demand  and supply it has. The price movement should be taken in account to identify the high and low given in a period of time. Take note that when we talk about shitcoins then it would be hard to predict and it's most likely a gamble. If you prefer a safe and where you can use technical analysis to predict the price then go for huge coins.

Buying right now would be a great idea I think. Everyday the price is increasing, as of writing this the price is at 8.2k. Waiting anymore will just increase the price IMO.

There so many emerging now altcoins from crypto market cap but for me I don't want shitcoin its like you gabled your capital in buying for them then suddenly that coin freeze the price in the crypto market cap. I always looked for those coins who have big opportunity and potential for earnings like bitcoin, ethereum and litecoin.
I always bought bitcoin every month half of my salary I spend bitcoin for investing and saving as well. For example price of bitcoin last few days $60k and now $70k then you have a gained a few months ago.

first and most important factor that i will be looking for is the potential to rise. for example bitcoin may as well be worth $1 billion per coin and i would still buy it now because it has a lot of potential for rising both in short term and long term. specially now with all the good news about it.
with altcoins i look for the pumping potential. for example when they announce something that can lead to a pump even if it is pure hype and has no real thing to it.

second thing that i consider is the charts of that coin. i check them fast to see if the coin is already in a bubble or not. specially the altcoins because when they get pumped, investing in them is no longer wise because they will be in a bubble which is waiting to burst.

and finally the "price range" that you are talking about comes in. but it is a small factor and i only consider it last. my theory is that you can pump an altcoin from 100 satoshi to 100,000 satoshi but you can't pump an altcoin from 0.1BTC to 100BTC! that is like an automatic block in front of big altcoins for rising big.

Invest in alts which have a decent daily market volume. Do a deep study of the last 3 months chart and enter the coin at a low. You may trade them to bitcoin if the price goes up.

If you want to only invest and not trade an altcoin, then the entry price range depends on the alt coin you are interested in. Read the alt coin thread and also study the chart and you may come up with a good range where you plan to invest.

if I personally usually see from a large volume of trading on altcoin, whether altcoin is decreasing in price, at least I usually choose altcoin which drops about 15% of the purchase price

Yeah this is why I've been so hesitant to invest in bigger coins. The couple times I've given it a shot I came out with a very small gain since I don't have a large amount of BTC to invest. But that is the reality of business and investing... you have to spend money to make money!

for me to buy altcoin to be traded, I always see the potential of altcoin, by looking at the development of altcoin prices in the market. then I wait at least the altcoin price drops to 20%, and I will start investing and trading on the altcoin.

I've already mentioned this in another post in the altcoin section, but I'll partially repeat it here.

These past couple of months I've been mainly focusing on Bitcoin and the majority of my funds are invested in Bitcoin (minus a couple of alts).
The growth of Bitcoin has exceeded the growth of altcoins on apretty regularly basis now, so I don't see a point in moving my majority of funds away from Bitcoin.

Any altcoins I do have are mostly established altcoins that have been at the top of Coinmarketcaps (trading volume) for quite a while now. However, I do not hold significant amounts.
I mostly have some Litecoin, Dash and Monero, maybe a bit of Ethereum somewhere.

obviously investing in  low priced altcoins is always preferable because of how easily they are capable being pumped. sometimes even the small altcoins that nobody knows about and have very small trading volume are such a better options.

but you never get what you want. these low priced, low volume altcoins are also riskier because there is a reason why they are that low.
for example Ripple is low and its real value should be 1000 satoshi because there is a crapload of it available (100 billion) and it is centralized and not trusted also.

Yep, I've experienced firsthand that buying a recently pumped coin generally isn't a good idea, even if the roadmap ahead is solid. In the best case scenario you could be waiting many months for a profit to occur.
In answer to the OP: I don't care much about the price range but absence of recent pumps and a promising roadmap do matter to me personally. These factors become less important when aiming for the very long term (years) btw.

I think it will not come back to below $7k, here I expect it to be $7.2k or $7.3k accordingly.

Then I'll start buying it to enlarge my stake amount for it. We should be ready before the main great price inflation that will happen next years.

Common rule : Dont buy on those times on where a coin is being pumped or hyped up because if you did that for sure its a loss because most common thing happen on these cases the would really tend to pullback on prices or corrections which would lead up on negative floating and might possibly end up on panic selling. Price range do somehow needs some technical together with fundamental analysis and also some mix on intuition. This is my way of doing trading.

Every 30% or more dip has offered handsome mid to long term rewards.  I've been scaling in bigger and bigger each time.

just look at the chart that one of the coins that are dump when its start to increase then you start to buy it, but choose the coin wisely some of them will not increase anymore, My trusted coin are litecoin, ethereum, dash, ripple and bitcoin of course just invest one of them.

Today buy neo for all stack ...charts show uptrend!

The strategy to use, is buy penny coins which give you a large volume compare to using the same amount of fund to buy a more established coins. The volume will be less. Any minimal rise in price of  the large volume holding will result into a reasonable profit leveraging on the large its size(Volume)

but some are not taking that they buy on the time that it was pumped for hoping that it will take a huge pump and they dont want to miss that but this kind of strategies are not good because we know that if this may happen while in a pumped scenario loosing is what they are got for.

Sometimes i put my investment in some coin when it is still cheap and always hoping that i can get a higher profit from that when it pumps.

For btc, I will buy at any price when panic selling happen.  :P . Them I will sell it when it's price rise.

You can't wait only for the panic selling because you will not get that option more frequently so it is better to buy on regularly because we can't predict the future of the bitcoin prices. If you wait for the correction then you may miss the chance to buy at lower price. But if panic selling happens then it will be good chance to make more profits.

If it is alt coin then I always prefer to buy them at very very lowest possible prices. Because they have very less chances of going upwards except in the case when they are being pumped with artificial means. Also this really minimises the risk of getting spooky investment into alt coins which tends to scam many time. So if it does really happens with my investment then it would be still good as I will have less investment into it really.


This is why I would always like to keep it minimal but also the investment which is ideal and can get me good amount of profits. If the project is really promising then I will surely buy more and even if the prices are very high then I’m happy about it. This is because I will have assurance that I will be getting profits from the coin investment. So in that case price wont matter a lot. :-)

 

With the present scenario, it could be around 7k2~ 7k5 . Over 8k+ buy is really risky for you now. Don't ever try to go with it. Patience and wait till the right moment to make the buy order.