atetess
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May 20, 2018, 11:02:11 PM |
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It is good time to buy when the price of bitcoin and alts are much lower than the usual price. It is more perfect to invest during the lower stage or in a very down price.
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tatum506
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May 20, 2018, 11:19:58 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) I will try to give merits to good posts as much as I can. Thanks. You can see that there are signs of recovery in today's market, bitcoin and altcoin prices are rising steadily and that has made the market come back up again. I believe this is the time for you to start buying and trading, this is just a short-term recovery so you need to have a specific trading plan to minimize the risk.
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lance04
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May 22, 2018, 05:51:14 PM |
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To know when to buy, just notice the flow of the price of the investments or coin in the market and if it is going affordable to your side, so buy it because this is the opportunity that you are waiting for.
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jenktosar
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May 22, 2018, 08:00:34 PM |
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need to buy on the rumor. And selling on the news. At that moment the coins will be at their peak.
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enawati
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May 23, 2018, 01:12:32 AM |
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Combination of technical and fundamental analysis is really help to get more profit from trading. When to decide buy any coin i always used charting to know the price in support or resistance area. Beside that news related crypto also help me to decide which coin is better to buy.
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streazight
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May 23, 2018, 05:48:42 AM |
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I think coinmarketcap just give information about some coinand their market history and not explane what happend in the market. If you stack with about how to make decision when you will buy or sell, you can use tradingview.com. in tradingview.com, you can get more information about market analyzing that shared by some expert and that can be support you to decide. It also give technical analyze with calculate dan compare results of some analyze method to give clue when good time buy or sell.
We all know this fact that all the crypto currencies are highly volatile in nature and that their market values keep on changing most of the time and that you never know what will be the market value of any of the crypto coin a moment later. In such case, you need to be sure that whatever decision you are making is right and that you will not end up losing even a single penny.
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legenduim
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May 23, 2018, 01:11:26 PM |
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It is good to buy at the time when the price of the coins is below from it's normal price, in this case you can earn profits if it back to it's normal price or even higher.
Yes, here you are right, man. Sometimes it is worth buying an altcoin (or Bitcoin) 2-3 weeks before its fork. However, to do it, you should always monitor the market, and get all the news about the cryptocurrency.
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mega
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May 23, 2018, 01:24:16 PM |
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Invest in stable and high volume coins to know the history of coin check the chart and know the upcoming price volume and when find low at minimum buy and hold till meet the expected profit.Keep in mind that crash happens in the market so never panic tpo sell in this situation just calm and hold till market recover.
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Got my account back! It was hacked. Sorry about it :|
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geegaw
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May 23, 2018, 02:11:13 PM |
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Combination of technical and fundamental analysis is really help to get more profit from trading. When to decide buy any coin i always used charting to know the price in support or resistance area. Beside that news related crypto also help me to decide which coin is better to buy.
I think more simply and without too much analysis as you because I know this market is a very large space, I analyze more, I will be able to go deeper into many different issues but this also makes me easy to fall into the trap and confused in the choice. So I just do the job very simply to know when I should buy is to look at the trend and value of bitcoin then the market trend, if the market is too green and tends to go up, we should stop all decisions and wait, waiting for a red storm to appear, patience until the price of altcoin becomes very cheap, that's the time to buy
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Dudeperfect
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May 23, 2018, 04:59:59 PM |
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While taking any investment decision I always follow the principle of the great investor Warren Buffet (even though he has different opening on Crypto we cannot ignore his authority in investing), he says "Be fearful when others are greedy and be greedy when others are fearful" and this strategy really works even in the Crypto market. Yes, there are some parameters to determine entry points but the time is a primary aspect in my opinion.
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minairia3
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May 23, 2018, 05:26:59 PM |
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Check first your own risk appetite as well as what type are you playing, trading or investing. Then that’s the only time you apply what u enumerated but still depends on what you choose as it seems that you mentioned mix trading and hodling
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GawirZZ
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May 23, 2018, 05:39:04 PM |
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it is a simple but difficult thing, if you look at the red market maybe it could be more down again. advice I see the market for a week if the market stays below you can buy it.
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Pelevelyl
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May 23, 2018, 05:43:41 PM |
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You need to buy when the price is low, and sell when the price is high, then you will make a profit.
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Quraline
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May 23, 2018, 05:54:53 PM |
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You can buy any cryptocurrency at any time, when you have a few free minutes to come to your computer.
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Bitcoin_Speculator
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May 23, 2018, 06:01:20 PM |
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Their is no acurate to to when to buy you should follow which coin you want to buy If u see a coin in deep you can buy And after buy if u see coins 5-10% decreate price you can again buy But should must know about Charts
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Firefox07
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May 23, 2018, 06:53:58 PM |
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If you knew that the crypto that you want to buy has the potential and can give you good profit in the future. Its always better to buy this crypto at the dips. Because you can buy it at low price.
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hridoyb
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May 23, 2018, 06:54:45 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) I will try to give merits to good posts as much as I can. Thanks. Its really impossible to find a perfect time for buy crypto coin. There have many alternative way to some idea before buy any coin. Bitcoin is the most valuable coin in the crypto world so when bitcoin down every coin will be down.I think you can also focus on prev for bitcoin price and focus on daily loser and winners coin on coinmarket cap and select some lesser coin start buy low order.when you try more and more hope you will get more profit and will be a good and expert traders
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Cryptoproff
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May 23, 2018, 07:12:49 PM |
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For buying, we have to consider many calculations and chart reading because we have to check the previous price of the coin because if we buy them at the high value, we have to wait long to sell them in the market.
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Mcpeanut
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May 23, 2018, 07:50:50 PM |
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I buy when i see situation like today as bitcoin and ethereum has both gone down today with 7 and 10 percent respectively so it is a good time to buy them at a lower price,,,it may recover in the next couple of days again so it can give some good profit in a short time.
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royale143
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May 23, 2018, 08:06:05 PM |
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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.
That's right. Well for me, I just check on the coin's value first and foremost, if I feel that I can reach my profit goal with the amount I would buy it for, then I go for it. But, I make sure that I don't have to wait almost forever to gain some profit. My usual time table is around six months to a year at max, so if I see that the movement for a coin is too slow, even if the price point is good enough to try to not fall into that trap.
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