What is the best time to buy an altcoin?

[JamesIV]

people always think should buy coin when price is low. But they dont known where is the floor.

[Invester]

Many people are looking for indications when is the best time to buy a crypto currency.

What are your thoughts or tips on that?

The biggest factor that you would consider is the price because the golden rule is always buy low sell high. But be careful also to choose those coins that are already gained the top spots. If these coins become cheap, buy them. Also, monitor their project for any updates and announcements.

[bayong]

when the price is low :-) apart of this one strategy is to buy during ico and then wait for quotation, better if you can buy during pre-ico with bonus discount etc. but don't go all in with only one: split you savings and diversificate in case anything goes wrong. don't have the numbers so i can't say 1 out 10 will cover your possible losses but i think numbers are better then this, maybe 3 out of 10 if you are not for 100x coins

Yes that's true and a nice technique of buying alt-coins, more alt-coins ico are coming this year and just research first the background of the team before investing on ico.

[deppil]

Many people are looking for indications when is the best time to buy a crypto currency.

What are your thoughts or tips on that?

The biggest factor that you would consider is the price because the golden rule is always buy low sell high. But be careful also to choose those coins that are already gained the top spots. If these coins become cheap, buy them. Also, monitor their project for any updates and announcements.

yeah of course all users will do the same because basically the strategy to trade altcoin is buy low and sell high, but we do not know when the price of an altcoin can be said a low price to buy, while it is very possible that the falling price will continue to fall after you bought it and then you lose your money lol

[YellowRiver]

Many people are looking for indications when is the best time to buy a crypto currency.

What are your thoughts or tips on that?

The biggest factor that you would consider is the price because the golden rule is always buy low sell high. But be careful also to choose those coins that are already gained the top spots. If these coins become cheap, buy them. Also, monitor their project for any updates and announcements.

yeah of course all users will do the same because basically the strategy to trade altcoin is buy low and sell high, but we do not know when the price of an altcoin can be said a low price to buy, while it is very possible that the falling price will continue to fall after you bought it and then you lose your money lol

It is not only the altcoins or some specific asset strategy but all the traders around the world work on the principle "buy low, sell high" regardless of what they are dealing in. there are some altcoins that have some real potential to increase with time like ethereum, waves, Monero, litecoins and neo. Investing in them won't be a disappointment.

[HODL to the moon]

I think it is quite a safe bet to buy ICOs if they are underpriced and undervalued after their initial ICO

[MartiniBlanco]

You should buy when there is real panic on the market and you should watch out for some strong support lines in a 1D chart, to grab it at good a point. I dont prefer to grab hyped coins, because the most are going to correction in the most cases

[Webetcoins]

its not to buy the best time to but altcoin because its time to buy cheap bitcoin. now a day bitcoin price is down and every one want to buy cheap bitcoin and invest their money in bitcoin you too should go to buy bitcoin because the volatility of bitcoin is very high and bitcoin price will cross 6000 dollar  in October.

[mace15]

You should buy when there is real panic on the market and you should watch out for some strong support lines in a 1D chart, to grab it at good a point. I dont prefer to grab hyped coins, because the most are going to correction in the most cases

Always grab the opportunity to buy when their is panic that resulted into price is cheap. Also, it is good to buy when the coins has its potential to grow. And yes I agree, dont buy those hype coins because mostly when you dont know to ride with the train somehow you will lose.