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Author Topic: How to know when to BUY?  (Read 1995 times)
marcbitcoins
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May 05, 2018, 05:19:07 AM
 #161

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 Smiley

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

Thanks.

I think these are all correct in which buy the dip is the most common strategy by everyone and yes of course just make sure that the commodity of the coins are all feasible and the staff is actively promoting the coins to attract more investors to ensure that the coins you bought will not going to be a crap in which it might lose your capital.
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MaidaKalani
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May 05, 2018, 05:49:07 AM
 #162

Tips to buy altcoin look for coins that fall into the category of 100 best coins and most in demand by people.
Before buying, find the history of the coin and do not forget to read the whitepaper.
If you want to play safe, invest not only on 1 particular coin, can be divided into several other coins.
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May 05, 2018, 06:01:02 AM
 #163

I think it's very hard to actually do that 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.
It is not as hard as people always think; knowledge is all that is needed to trade every market. I am not a full blown trader, but my idea has always been trend following and with the help of the Moving averages, I have always been able to make some good decisions.

Now, I do not over work myself, as I always believe the market is always going to be some steps ahead even with the MAs, but one way or the other, I utilize it to increase my long term holdings for the future by playing with those fluctuations.
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May 05, 2018, 06:10:36 AM
 #164

For short term trades, you can follow buy bollinger bands if the price is below bollinger band you should buy if it is above the band you should sell. For long term investments if you like the project you can buy unless it is not around all time high

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fiomcorka
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May 05, 2018, 08:22:23 AM
 #165

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 Smiley

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

Thanks.

I am a beginner also in trading this crypto. I agree with what you describe. Thanks for explanation. Another extra from me, buy during bullish period of the year. April to the end of this year is a good time for trading. Try to see again the history of crypto price movement every year, in the bearish period do not trade, more suitable for long-term investment. CMIIW Grin
Nice information about the right time to buy crypto currency. I also add it depends upon the investment ratio. If you have more money you can invest in bitcoin in these days because the price is growing each day and you can make handsome money in the near future. With less investment you have many options for investment. The best is ripple.
I don’t want to say this but now I really can’t hold back. When the market was red few weeks ago and bitcoin was somewhere around 5k dollars, I gave my best in persuading people to invest here but like always, the response was not a good one. What is the idea behind investing in bitcoin when it is growing than buying it when it’s declining? If someone has that much doubt, how about doing some research first and clear those doubts. Still if someone buys it now, it would be better than nothing.
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May 05, 2018, 09:05:36 AM
 #166

yes you are right to know when the right time to buy completely you have to read the chart and you should see the news information from the coin that is on twitter and internet because sometimes from the graph there are deliberately making fake pumps that make new players fooled.
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May 05, 2018, 09:11:23 AM
 #167

yes you are right to know when the right time to buy completely you have to read the chart and you should see the news information from the coin that is on twitter and internet because sometimes from the graph there are deliberately making fake pumps that make new players fooled.
As prices decreases this is our advantage to buy coin or check the market volume, to make a huge profit choose a coin that are top listed which is a promising coin worldwide like ethereum and bitcoin .It depends on how you handle the most efficient way because trading is too risky everytime.
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May 05, 2018, 09:58:03 AM
 #168

You're strategy is also same on mine.I already do that before and until now.but I don't focus on that basis.I'll do my own way when to buy and when to sell.just do it every hour in small profit don't wait for high profits that you didn't know how it takes longer to wait that called long term.
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May 05, 2018, 11:48:57 AM
 #169

you select some erc20 token cause erc20 can highly increase a day. Then you visit her website and telegram group. if you see group admin active then follow volume and buy this coin.

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May 05, 2018, 12:54:06 PM
 #170

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.
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May 05, 2018, 01:10:40 PM
 #171

If you know before you buy, everyone will succeed, no one will fail to invest in this Crypto. We can track their price movements and make decisions for themselves.
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May 07, 2018, 10:16:07 AM
 #172

To know when you are ready to buy, always look out to the opportunity that the value of investments or coin in the market has an affordable or low price to grab of and also to gain profits
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May 07, 2018, 09:54:42 PM
 #173

To know when you are ready to buy, always look out to the opportunity that the value of investments or coin in the market has an affordable or low price to grab of and also to gain profits
Exactly, dips are the right time for buying a coin and if a person has missed that chance, wither he should wait for the next such appearance or invest at the start of pump phase. Moreover, he should not expect the next dip to decrease the prices of digital assets as much as the last one. Above all, investing in the right place is more important than investing at right time as not all coins can be trusted.

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May 07, 2018, 09:59:36 PM
 #174

The best time to buy is when the coin is 60% below its all time high
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May 07, 2018, 10:25:12 PM
 #175

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 Smiley

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

Thanks.
As long as you can buy bitcoin at this time, you can see that the market is showing uptrend in the short term and according to my analyst uptrend this bitcoin price will be able to reach the $ 11000 mark. At the moment bitcoin prices are at the $ 9200 mark and you can buy and trade bitcoin right at this point.
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May 07, 2018, 10:35:51 PM
 #176

I just buy anything that is red and has volume. I'm not a big fan of fomoso I don't usually buy at top. Most times people who bought at the top ends up with a falling now. I also utilise some resources like coinmarketcap.com, sites that keep track of historical bitcoin and altcoin prices then I combine those data with my researches and buy. The coin must have volume and plenty of liquidity and it should be at a downtrend. I think It's better to be safe that burnt.

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May 07, 2018, 11:17:18 PM
 #177

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 Smiley

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

Thanks.
You should analyze the technical and psychological exams so that you can know the time of purchase and be able to grasp it. If you analyze technical good you can know the time when the price will bounce back and increase the price, which is the time for you to buy at the best price. So successful trade requires a lot of skill and you need to learn a lot.
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May 08, 2018, 10:33:52 AM
 #178

I think experts use their intuition when trading. As for me, it is necessary to be guided by such a simple rule like: buy when the price is low and sell when it increases significantly. Think that most people use such strategy
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May 08, 2018, 10:53:10 AM
 #179

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 Smiley

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

Thanks.

Always buy when the market dips so that you can trend and race up with the market to make some good and fast profits. This strategy will help you increase your ROI faster.
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May 08, 2018, 11:03:44 AM
 #180

I think experts use their intuition when trading. As for me, it is necessary to be guided by such a simple rule like: buy when the price is low and sell when it increases significantly. Think that most people use such strategy

It's not that simple though because when the price is going up, we tend to hold back to try and sell at a higher price, most of the time missing a good exit, until we go back to a price we deem too low to sell. You should have a target both for buying and selling and it shouldn't be too modest or too greedy

 
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