Bitcoin Forum

Is it a safe way to invest in Exchange-based Coin during down trend ?

I think after block chain projects, exchange ico
 are the best to invest in the present market. China Is actually backing a lot of exchange projects lately it will really grow.

purchasing gradually as the fall or growth-this is a strategy for the investor, who plans to make the investment long-term

Well, it total based on the strategy of the investors. If anyone want to do long term investment then they can do investment during down trend. It total depends on the investors. Because after somedays the price will rise up and the long term investors will be profitable while withdrawing their investments.

Exchange based coin as in coins that are listed on exchanges or coins that are tied to an exchange?
Buying things like Huobi Token and Binance Coin is always a good idea, atleast to have some of them.
that way, even if people sell, tokens are used as the underlying currency when selling..  :D

It depends on the exchange. And I think the current trend has nothing to do with it. I've seen tons of exchanges appearing recently, and there will be huge competition in the future. Probably not all of these exchanges are going to survive, and therein lies the risk. If the exchange is promising and has a potential to make it, than yes, I would say go for it.

Yes thats the best thing to do, buy tokens during the downtrends and make your profits during the uptrend
You can look up to bnb coin, probably visit peercoin. its below 1 sat and totally dumped too.

Invest only within your capacity only.

Exchange based coins seems to prosper in both down and up trend. Look at BNB it's rising even in the bloodbath.
Until and unless people keep buying and selling, these coin would keep rising in price.
And are one of the safe bet to diversify your portfolio.

If we consider the situation with investing in BNB, then we can say that the situation is very good, despite how bitcoin falls BNB owners do not feel a big fall, because the exchange does a lot for its investors. But this can not be said generalized about all the tokens.

it's good also for short term, if there will be something like voting for listing which require buying exchange coin, coz each coin community will buy as much as they can for winning the vote, then the price will rise.
after vote ended they'll likely to sell their vote coin so it will dump, that's best time to buy for sell at next voting event

Yes, you can invest. During the downtrend, the price of the coins are relatively low. You can done by the coins at a cheaper rate and hodl till the right time comes.

Actually I think that this will not create any problem. Everything that you will need to invest in a good coin or token that has a good future prospect. According me bitcoin is the best. You can invest in the bitcoin any time. Now the price of bitcoin is low and so you have a good opportunity to make profit in future.

If you are small investors then you chose low price coin. But before invest you need to research about this coin. If you think price will increase then you can invest on this project.

If its a good project why not, but you can wait the bottom and wait for the reversal signal before you enter on that coin. Its risky to invest during down trend so try to observe so you will not be trap just in case it dumps deeper.

IMO, it is safe to invest in it for now. Not only does it give passive income but the intrinsic value of the coin remains. Hence, even if the market is on a downtrend right now, the value of your portfolio would sustain.

Actually I think that this will not create any problem. Everything that you will need to invest in a good coin or token that has a good future prospect. According me bitcoin is the best. You can invest in the bitcoin any time. Now the price of bitcoin is low and so you have a good opportunity to make profit in future.

You can invest, but you must be patient because there may be more volatility.

Remember the majority of altcoin exchange holders will have so many utility usage to the token just like you can get up to 50% fees discount, dividend and many more. It looks safe consider it can earn a weekly revenue from the transactions in the platform. It's really safe i suppose.

Given that the price of the bitcoins are low, gives the people a scope for further investments I the future to make more money out of it when the market recovers from the dip and the prices go upwards. There isn’t any good or bad coin, it’s all about the strategy.

Yes. I think it is a good time to invest in exchange based. Downtrend gives people scope to invest with low capital

What is exchange based coin do you mean share of exchange or something else?
It depends what you are looking for long term investment or short trade. For long term investment it is good to invest when coins are becoming cheap.

I do not recommend using the Binance Coin crypto currency as a tool for investing, because this crypto currency has a different purpose, especially since any malfunction in the Binance exchange will entail a decrease in the value of BNB.
The Binance Coin Crypto currency is best used for its intended purpose - for trading on the exchange and saving on commissions.

In trading in financial markets, buying during the decline does not lead to anything good. But the cryptocurrency market is quite different and therefore I think that buying promising coins during the decline will be a good idea.

Due to this, traders and investors earn their capital, the main thing is to invest correctly, not to make a mistake with the project

If you found a worthwhile project, then it's a great idea to invest when the price is low. But do not invest in all projects just because the price is low.

I think it's not safe because when the market is in a downward trend, most of the tokens go down.
Even exchange tokens are no exception.