How to know when to BUY?

[ashkanm]

Its very difficult to tell but you should analysis it when coin price is up and down then you buy some coin. but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.

[putrisa]

I think you can know when is the right time to buy a coin from the trip of the coin you want to buy, when the coin has good news then it is certain that the coin price you will buy will increase, so better find the coin information you want buy before buying coin.

[xitrum]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

I believe that at the present time you should buy and trade altcoin, you can see that bitcoin prices in recent days are showing signs of strong recovery and this has made the market become vibrant again, lots of altcoin are pump strong. You can find a pump that does not pump price to plan investment.

[Whosdaddy]

The major point that you still left out is what do we know about the project for which the altcoin was made. I mean does that project is making any good progress or is there any recent good/bad news about it. If yes/no depending upon the answer you can choose not to invest or invest heavily as the result would depend on that considering its future.

Rest of the points that you have mentioned are correct one and there doesnt need any additional facts to be considered before you can buy any coin.

Checking the project is always a good way to actually be sure of the coin you are not conversant with, so you do not end up trading shitcoins and bagholding them while waiting for a peak which may never come. The last two are always very essential as most times a lot of people have made the mistake of buying an overbought market and they start complaining when they get to see a huge correction.

I always run from overbought markets like plague no matter how sweet they look and best decisions are always made when buying an oversold market.

[Qahay]

It is desirable that altcoin owned by your friends. And it is desirable that you know where they live, if the price after the purchase begins to fall.

[aardvark15]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

Those strategies might work, but I think you also have to find out the reason something is being pumped or dumped. This is especially true for a less established cryptocurrency that could have some major issue that is causing the dump in which case you shouldn’t buy. That may be what you mean by “check the projects”, but I wasn’t sure.

[CharmCha]

I'm not a professional trader but IMO I think to find out good time to buy we need to take a look at price chart and trading volume as well. I don't know how to analyze the price chart so I only often focus on trading volume ). If there will be a suddenly changing in trading volume of any cryptocurrency in any exchange, I think it's a good signal and it might be the right time buy

[harizen]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

Altcoins have different price behaviour so it might not help to just rely on those you mentioned above. Checking also the chart won't help especially in altcoins as they are more proned to manipulation than bitcoin. Some coins also are not yet listed on the coinmarketcap.com

So how to deal with this? You must have guts to face the risks. As long as you understand the risks, you are good to go. One step you can consider is if there's any ANN thread related to that certain coin. Upcoming updates for a certain coin might result on a hype. Also don't get carried away once there is a sudden large pump as instead of getting profits, you will be wrecked.

Honestly there is no direct advice that literally you will try. You must find your winning stratgey by your own as we have different approach on when to buy or to sell.

[wxxyrqa]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

Altcoins have different price behaviour so it might not help to just rely on those you mentioned above. Checking also the chart won't help especially in altcoins as they are more proned to manipulation than bitcoin. Some coins also are not yet listed on the coinmarketcap.com

So how to deal with this? You must have guts to face the risks. As long as you understand the risks, you are good to go. One step you can consider is if there's any ANN thread related to that certain coin. Upcoming updates for a certain coin might result on a hype. Also don't get carried away once there is a sudden large pump as instead of getting profits, you will be wrecked.

Honestly there is no direct advice that literally you will try. You must find your winning stratgey by your own as we have different approach on when to buy or to sell.

I think that the only strategy that can be applied by both a professional and a novice is the date of a price fluctuation of plus and minus 5; 10%. But this applies only to the case when the trader is trying to make money on the difference in price.

[omonuyak]

There must be a reason why you should invest into a projects as investors and you must not invest into any projects if you did not know the right time to buy. Your buying decision is what actually makes you good money and to buy into a coins you must buy at the accumulated time and always buy at the bottom and sell at the top or distribution times.

[mersal]

Its very difficult to tell but you should analysis it when coin price is up and down then you buy some coin. but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.

No one say the right answer for this question because the crypto market changes every second so you can't judge the power and value of it , the only thing is if you want to invest in a currency just do it quickly.

[Herressy]

There must be a reason why you should invest into a projects as investors and you must not invest into any projects if you did not know the right time to buy. Your buying decision is what actually makes you good money and to buy into a coins you must buy at the accumulated time and always buy at the bottom and sell at the top or distribution times.

A lot of people that have been victim on this kind of situation wherein they just invest but not making sure for if this is real and lefit one so knowing when to buy must make a startegy and study on it.

[maximrussky]

Its very difficult to tell but you should analysis it when coin price is up and down then you buy some coin. but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.

if this question is referring to bitcoin and other high-end coins, in this case, it is now one of the best moments of purchase, so as soon as the market will go up.

[otunayode]

When the low is conspicuous and the over reaction of the market of selling  a particular asset is illogical and uncalled for, you should know that is the best time to buy. And if there is new lows then you should by more!

[The_Dark_Knight]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

The easiest way to know when to buy is precisely in circumstances similar to the ones we are in, after a huge growth in the price of bitcoin we saw a crash and for some time we saw a very low price, that is the perfect point of entry into the market you're basically buying at the very bottom, the only problem with such a strategy is that many people get very afraid that the price is going to continue to go down but if you can overcome that feeling you will see that buying at that point is the best thing you can do.

[zxl912157]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

All I do is look at the charts, look at buy wall and sellwall and do not choose a coin that is climbing or has gone up high.
It's very risky.
Look at the Bitcoin movement, if Bitcoin goes down then we'll see altcoin also down, that's the right time to buy the coin.

But what I like is when Bitcoin and altcoin are opposite, if Bitcoin goes up then altcoin goes down.
It's easier to guess because we're easier to buy altcoin because if Bitcoin rises a bit then altcoin will drop dramatically.

[no0dlepunk]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

Do you see these two lines? once they have crossed each other at the bottom the price will most probably go up anytime soon - and that is, for me, the best time to buy... Another tip: look for a coin that is sleeping for a while, buy as many as you can, and then wait for a pump.

[Xetonica]

It is hard to define at what time are we going to buy some coins that have a potential to grow up immediately, for me if there is a dip price i will go on background check that kind of coins if there is a potential to pump there value at any moment before i buy on it.

[V1saya]

Sometimes in a bad market it is too stressful and tiring studying charts so most experienced people will just do it long term or put everything on standby unless they can see some signs. In a bullish market I just usually use stoch, rsi, macd, cci and some other simple checkings like updates and some rumors which I think have sense.

[yesss]

Hello,

Can somebody explain how to decide buying an altcoin?

Let me write what I know;

• Check the coinmarketcap.com and choose ones with high volume
• Check the projects
• Check the chart, if it is pumped, don't buy, wait
• Check the chart, if it is dumping, wait low volatility

Please correct and/or add other ideas to help noob traders like me

I will try to give merits to good posts as much as I can.

Thanks.

I believe that this is a very good time for you to join and buy bitcoin, you can see that bitcoin prices in recent days have been increasing for days and it is hard for bitcoin to increase. price in long term. So I think you should buy bitcoin right now because we are bitcoin bitcoin price has reached the $ 19800 mark.