How to know when to BUY?

[KesoNie]

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

Search the market every day and when you realize that a particular crypto is increasing day by day and in the future the price will go up, that will be the right time for buying coins and when the hold them when the price downs. You can buy every time if you have money. If you don’t have any money then bounty campaign is good, because it needs no investment.

Actually, this time and at the recent months is the best time to buy coins. Sometimes we should have to search in the market to know what are the current prices of the coins especially the coin you're interesting about. There's no specific time to know you're going to biy a coin because knowing a price is unpredictable due to the constant variation and fluctuations of prices.

[Welhell]

In ICO, you should research team and look their whitepaper and you should not stay close to scam projects. But, the altcoin are in any exchange you should follow it for any news.

[bitcoinveda]

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

Search the market every day and when you realize that a particular crypto is increasing day by day and in the future the price will go up, that will be the right time for buying coins and when the hold them when the price downs. You can buy every time if you have money. If you don’t have any money then bounty campaign is good, because it needs no investment.

Actually, this time and at the recent months is the best time to buy coins. Sometimes we should have to search in the market to know what are the current prices of the coins especially the coin you're interesting about. There's no specific time to know you're going to biy a coin because knowing a price is unpredictable due to the constant variation and fluctuations of prices.

Today is the best option to buy the desired coins because already their prices went way down to very low. This is the right time to buy and hold them until your desired target is reached. No one will keep on suggesting us to buy the coin, we have to check with the market and buy them when they are in dip.

[enwi]

to know when to buy is to see the market, whether the price in the market is currently down or up, if the market becomes red and the price drops then it is a good signal to immediately buy

[Jake2134]

When you are gonna "buy"  there's always a risk there no matter what. so don't be pissed if you actually be wrong with your ta because that is normal.

[DevilSlayer]

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.

You should focus on how you will improve your technical analysis skills for you to know when is the right time to buy bitcoins. It is too volatile and knowledge is the most important tool that you can use in order to make profit.

[tesla80]

You should focus on how you will improve your technical analysis skills for you to know when is the right time to buy bitcoins. It is too volatile and knowledge is the most important tool that you can use in order to make profit.

Thank you for the good suggestions, do you have anything to add to my steps? Any other conditions or checks are appreciated.

[BARNEX]

I think these days is an good moment to buy.

[nieninja53]

I think two things are there in this regard when you are doing trading and wants to buy any coin,
1st is when any news came in relevant coin which you wants to buy,
2nd is the trend of market when market go up you can get high,
3rd thing is to buy when your trade is available at lowest price,

[nightways]

You should focus on how you will improve your technical analysis skills for you to know when is the right time to buy bitcoins. It is too volatile and knowledge is the most important tool that you can use in order to make profit.

Thank you for the good suggestions, do you have anything to add to my steps? Any other conditions or checks are appreciated.

No matter how much volatile bitcoin is, buying low and selling high is a very easy task with it. How? Because the dip are very clear or you can say, it is not impossible or even a bit difficult to know that the market is bullish or bearish. There are news and posts everywhere regarding the situation through which coins are going. All you need to do is, buy in dip no matter at what point and sell in pump.

[Choii]

It's easy, buy when red and sell when green dildo 

That's a bisic strategy when it comes on trading our altcoin ( token ) we need to buy if the price red and sel if its green but even if you know that basic it's not actually require to be successful in trading platform because you need also to know how to read the movement of the candlestick and also you're emotion you need to control on how to handle that kind of games.

[TRAID]

You'll never get a perfect trade (buy at the very bottom and sell at the very peak) unless you get lucky. The rule of thumb is to buy when it's dropping and sell when it's rising.

[tonyvo2017]

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.

That is a basic strategy and earn a lot of money. I am applying the above strategy and it is quite effective. In addition, if you do not want to lose money when the market goes down, you can transfer all your coins to USDT. Preserve your money and wait for the market to go down.

[dogolitic]

Bitcoin price is a very good indicator of when to buy. altcoins tend to follow the price of bitcoin except for stable coins and tether

[sabarr]

when to know when the right time to buy of course by looking at the current market, if the market becomes red then it is time to buy immediately because the price of coins will definitely change again

[Shazxdx]

I think the best reasons to buy an altcoins is mainly to consider their project whitepaper and dev team because there are lots of altcoin with similar project and shady developer. However there are also many project that doesn't seems to help making human life easier and mainly focusing in maintaining their price after ICOs and after entering the market.

• Check the coinmarketcap.com and choose ones with high volume

High volume doesn't mean that coins will last long or the project will continue in the long term, if you're a short term trader then this might help you however if you're a long term investor then this doesn't make sense at all since coinmarketcap volume only shows the last 24H.

• Check the chart, if it is pumped, don't buy, wait

You should know that a rise happened when the price is pumped, if you're waiting then you should underline how long you will wait until you want to buy. Is it after the correction? Is it when the price created a new high? Most people tend to buy when the uptrend already over and considered a new dowtrend as a corrections. Its better to follow the whales then to swim against it.

• Check the chart, if it is dumping, wait low volatility

You can't predict a pump and dump just by looking the chart, a dump in lower 5M timeframe doesn't even mean a thing when you consider 1D volume, each chart has their own volume and volatiliy. You should consider what kind of investor you want to become, is it a trader with lower timeframe (5M,15M,1H) for trade or an investor with higher timeframe(4H,1D,1W). For the record, if all you do is waiting when the price is pumped and dumped, then its better to wait in the sideline and not try to invest at all because there is no perfect time to do an investment unless you already created a plan to overcome the lack of information.

Very Informative post. Thank you for explaining.[/list][/list]

[Monnt]

the best time to buy and invest is of course when the bitcoin price is low but I think you can invest anytime on any price because bitcoin will continue to grow and will be a coin that remains profitable

It is good but not necessary that when then price is low you should buy coins because if the price is high then what will you do/ will you never invest in crypto? I think it is the right time. Price is not a problem is increases with the passage of time. Just need patience and coolness. It is the best time to buy any coin you want. Don’t panic about the price. Tomorrow it will higher.

[richcorner100]

When the price in the bottom and long consolidate is good times to buy it, because when price of crypto on oversold will be more possible the price will going up. When the total market cap just like now is hard for crypto to go all the times high, so dont be greedy when taking profit, buy back at lower price when the price down, zigzag strategy is good strategy in the current situation of market.

[redsun114]

to know when to buy is to see the market, whether the price in the market is currently down or up, if the market becomes red and the price drops then it is a good signal to immediately buy

Every individual in the economy tends to minimize the cost. There are logical reasons for it as well besides common sense. So when you are able to get a commodity in the market at a low cost, you would of course buy it because the cost in minimized. In case of Bitcoin, when the prices are increasing smooth and steady, that is actually the time when the demand is high and if invested, would give supernormal profits in future.

[Altcoins enthusiast]

The simplest ways to know when to buy is to follow the news and some twitters account and watch the chart. If you buy low you will always makes money.  Many of us always buy into a coins at a wrong time that is buying a coins at a higher price or when the price is at the over bought area.