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?
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?
Crypto market is highly volatile market so it's not easy to predict it!!!
I'm a crypto investor and I'll share my experience here. First of all I see the project background like team members, experience, roadmap, planning. Then I check their previous work project. I usually buy in Presale, in IEO round their will be less price but it's depend upon the project that how strong it is. Because every time buying in dump won't show good result. I personally check the background of project then invest in it at the time of presale because also there is some risk of scam. Also I buy when there is a news/tweet then it's helps to go the project up and many investors invest in it so when new news comes.
A will go with these option because I did it and I think this will be profitable:-
1. buy coin during ICO, IEO or STO;
3. buy when the project has a good news;