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Author Topic: when do you buy ?  (Read 7223 times)
Soranith
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November 12, 2017, 03:09:18 AM
 #261

I am believing that if you want to buy you can do it even everyday but their is prefect timing to those who want to earn more and ofcourse we all want to earn so the best chance for us to buy is when it is so dump.
Yes its okay to buy bitcoin or altcoin anytime if you are planning to hold it for long term. But if you want to trade it for days or weeks then waiting for the dip/dump is want we need to do so that we can easily get profit when the price bounce back.
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November 12, 2017, 03:13:10 AM
 #262

I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)

i always check the chart before going to buy. We have to make analysis that is important. I only buy to a trusted coin not a random one.
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November 12, 2017, 03:55:17 AM
 #263

I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)

While I know why you think entries are more important they're really not.  Trading is about minimizing risk and properly managing trades which you can do at any entry point.  Obviously buying at the lowest point is prime but you're more likely to win the lotto than to do that on any regular basis, and since your profits or losses are realized at exit, it's possible to buy at the lowest point and get taken out for a small fraction of your potential profits on a retrace with bad trade management or set a stop too close and get taken out for a loss before it runs. 

That being said, In regards to my discretionary trading, yes I still have to enter before I exit so to answer your question I suppose I wait for reversals since that's usually where I find value.   That being said, sometimes markets just chop, build up steam, and pop so really what I'm looking at is orderflow. . . and no, I don't listen to experts.   Most of the experts I find breaking down crypto markets are using outdated tools I don't trust (moving averages, bands, oscillators, etc).

 

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November 12, 2017, 06:57:55 AM
 #264

It depends on the situation of market.When the market day by day dropped prices .
Then I should be buying .

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November 13, 2017, 12:16:25 PM
 #265

It depends on the situation of market.When the market day by day dropped prices .
Then I should be buying .



Like for the past weekend. Its been a very wild ride for both btc and bitcoin cash. It was a very good chance to buy bitcoin when bch was pumping hard. Btc even went down below 6k so people who were able to buy are lined up for good profit

 
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November 14, 2017, 06:56:56 AM
 #266

I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)

Hard to predict when to buy. In my opinion, use chart of bitcoin can be helpfull.
We will buy when the price can not reach the lowest low when reversal.
It is a very hard decision that when purchasing should be made as the market is usually unpredictable. Whenever I have to buy coins I search the market closely to become aware of previous charts of coins. I normally wait for the low rate of coin to be purchased  but the more important to me is the selection of coin, I prefer to buy bitcoin as it gives profit to the investors regularly. So one should purchase at low rate.
Arkham Knight
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November 14, 2017, 08:19:26 AM
 #267

Those previous forks had really got me buying a lot of coins and that is one of the few situations I buy altcoins. It is just simple, buy it when it is low but it's much better if it is on its extremely low price.
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November 14, 2017, 11:45:55 AM
 #268

It depends on the situation of market.When the market day by day dropped prices .
Then I should be buying .



Like for the past weekend. Its been a very wild ride for both btc and bitcoin cash. It was a very good chance to buy bitcoin when bch was pumping hard. Btc even went down below 6k so people who were able to buy are lined up for good profit

As I go and read some news around, it looks like a wild weekend for the market. Bitcoin and Bitcoin cash was really fighting if I may say so. Nevertheless there are a lot of people who I assumed have made a lot of money from Bitcoin Cash because it touches $2000 or more so for long term holders its a perfect time to off load some of their stash, but for those who bought at less than $1000 is also going home with a lot of profits. Also Bitcoin went down sub $6000 before I went into hibernation, so there's a lot of money going in and out of the market. Also alts seems to have been recovered as well so the past few days that I missed seems to be a bad timing for me to go vacation. I should have made money too, but oh well.

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spngebob
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November 14, 2017, 11:50:11 AM
 #269

I buy my altcoins when the market is damn reddd.
That is only time when someone should buy altcoins.
While unexperienced traders are panicing and selling when they see red, experienced traders are buying their coins, so when price become green unexperienced traders are buying and experienced are selling. It is magical circle  Grin
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November 14, 2017, 11:59:26 AM
 #270

Those previous forks had really got me buying a lot of coins and that is one of the few situations I buy altcoins. It is just simple, buy it when it is low but it's much better if it is on its extremely low price.
This is basic, but very difficult.
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November 14, 2017, 12:02:31 PM
 #271

I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)
My advice is to buy coins when the market is down. Use your instinct that forex will quickly go up, then you can sell it so it can be an expected profit.
OrangeSeller
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November 14, 2017, 12:28:02 PM
 #272

I will buy after the second increasing. It helps me get profit in case of growth. But in case of dropping, maybe I have to wait until it recovers.

For me I buy also at the right time at the right value.
When the bitcoin pump its the best time to buy altcoin
Buying is just a kind of act on how you observe something better. If you dont want to lose so you must choose the best time to buy something.
Just be practical when buying something so that you can earn, it's just a matter of watching whats happening here so that you can follow the tips.
Buying at the right time will lead anyone to the best profit acquiring situation and on top of it I buy when it is suitable for me to manage my other expenses I usually wait for dump to occur and then I invests my whole mass into this coin and I had been implementing this strategy since I started in 2013 and now I count myself into the successful investor and that’s all just because of my strategy and blessings of btc.
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November 16, 2017, 06:18:16 AM
 #273

I buy my altcoins when the market is damn reddd.
I am feeling sorry for you because your strategy is good but selection is bad. Why you are buying altcoins when there is best coin in the form of bitcoin is available? You should grab bitcoin when its graph is in red zone. Bitcoin is capable of providing you more profit than altcoins as we all know that altcoins are totally dependent on bitcoin for every move, every rise and fall in value.
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November 16, 2017, 06:26:44 AM
 #274

I buy my altcoins when the market is damn reddd.
The risk of holding the bitcoins is not much .Actually the matter depends upon the firm belief in the currency .It is obvious that the price is going to fluctuate after a sudden increase and may result in a dump .The key to huge profits and even becoming a billionaire lies in the technique that you have to keep hold of your bitcoins at the time of low prices.

As we all know that a constant phase of success has been maintained by the cryptocurrency specially the Btcs in the international exchange market so it is not sensible at all to call it a risk
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November 16, 2017, 06:38:51 AM
 #275

Buy only when everyone is afraid and selling, and sell when everyone is buying....but the question is, do u have the balls to stand against the tide?

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November 16, 2017, 06:43:11 AM
 #276

Buy only when everyone is afraid and selling, and sell when everyone is buying....but the question is, do u have the balls to stand against the tide?
Personaly i am  doing trading from last some years in working with bitcoin and i am following only one rule i start buying bitcoin whenever the bitcoin rate is going down or stop on one rate for a time then at this time i start buying maximum number of bitcoin and when ever the rate of bitcoin is start increasing from the rate at which i have bought bitcoin then i start selling bitcoin and through this way now i have earn alot of money.
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November 17, 2017, 09:05:15 AM
 #277

It depends on the situation of market.When the market day by day dropped prices .
Then I should be buying .



Like for the past weekend. Its been a very wild ride for both btc and bitcoin cash. It was a very good chance to buy bitcoin when bch was pumping hard. Btc even went down below 6k so people who were able to buy are lined up for good profit
Yea. Lots of people who were lucky enough to get into the BCH ride quickly before it started getting pumped right now would have made a whole lot from it.
It is more of a good bargain for those two right now without getting too greedy. How best can one have it, selling BCH at peak and buying BTC at the present correction? It is just like a heavy rain of profit pouring down.
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November 17, 2017, 10:41:32 AM
 #278

for me  better time to buy something for the sake of money. We want to purchase at low price and to sell at high price to get some money in return from that. For me I will buy the new things because in the future at boom level they will not be able to purchase because they are very costly in the boom level
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November 17, 2017, 10:44:34 AM
 #279

I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)
Of course if you aim to get a big profit it is better for you to buy with a low price and sell it with high price. In my beginning days of my trading I was bankrupt because I don't know when to buy and sell. But my experience taught me to become more expert in trading.

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November 19, 2017, 12:35:29 PM
 #280

Those previous forks had really got me buying a lot of coins and that is one of the few situations I buy altcoins. It is just simple, buy it when it is low but it's much better if it is on its extremely low price.
Except there is a situation causing the extremely low price and the market activity is showing a lot of dumps, it is always better to wait very well for the activities to subside before getting in as that would really give one the best shot of getting in at the right time.

It is still always better to be on the watch out for the news as some coins always get dumped due to some negative reasons and you would not want to be a bagholder of a shitcoin, thinking you are getting at the right value.
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