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Author Topic: How to know when to BUY?  (Read 2000 times)
pendekar cinta
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June 02, 2018, 09:01:17 AM
 #361

If my way to buy altcoin often see the price volumes first when it is very high usually I do not hesitate to immediately buy it so the opportunity to earn profits is still awake with the patience of the traders in making investments.

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June 02, 2018, 07:29:50 PM
 #362

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.

Choosing an altcoin to buy is very difficult,with tons of alts popping out everywhere you really need to spend some time doing some research what good alts to buy.

When im buying altcoins im always looking at their *concept,use case and the team behind it.
*Joining their chat groups where i can have a chance to ask questions to the founder and devs.
*i usually ask things about their whitepaper,roadmap and projects developments
*if I'm satisfied with their answers and they really have good knowledge with what their doing its a good sign that those devs and founder are IN for a really serious project.

And for trading,all coins/tokens will always have their UPS AND DOWN..for me its advisable to focus on few alts rather than riding the hype and buying different coins everyday..a frequent monitoring of the market is really needed especially when you do day trading so its better to focus on few good ones rather than monitoring 25 kinds of different alts.with this you can still have time to monitor and have more idea about their price history,upcoming plans and project developments.

Someone just shared this strategy to me and its working good for me so Im hoping it work for you as well.There are lots of strategy you can use in trading,just always be open for sharing and  discussion with other traders and you'll really learn a lot from it..





For me if i have a chance to buy a coin i will buy if the price will low because no one people buy in a high price if you have planning to invest because if you buy in a high price theres a possible your money will loss so that buy a coin if the price is low and hold and wait if you think you can get a profit so its better to buy in a low and sell if the price will expensive.
It is as simple as we have observed and seen different markets of different values and this is due to the demand of the product. In case of cryptocurrency the factor which is controlling the value is the demand of the people for that currency. If you want to invest in crypto market then invest in a market where demand is low and the price is also low so that you would be able to get large quantity coins on less investment.

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June 02, 2018, 07:34:29 PM
 #363

If my way to buy altcoin often see the price volumes first when it is very high usually I do not hesitate to immediately buy it so the opportunity to earn profits is still awake with the patience of the traders in making investments.
Buying are often and you can also make a move to buy when you already see that people are panic selling disregard but this is what you can also observe that this could be the best time of buying.



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June 02, 2018, 08:38:37 PM
 #364

You should monitor the price of btc or any other coin that you are interested in and you should stick to the well-known strategy, which is to buy when the price is low and to sell when it is high! I think that this will help you to get profit
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June 02, 2018, 08:54:57 PM
 #365

If my way to buy altcoin often see the price volumes first when it is very high usually I do not hesitate to immediately buy it so the opportunity to earn profits is still awake with the patience of the traders in making investments.
Buying are often and you can also make a move to buy when you already see that people are panic selling disregard but this is what you can also observe that this could be the best time of buying.
Same here , Im buying some coins when I feel that there is a panic selling happen because it is my way to get a chance to buy crypto on a low value. Waiting for months to have the coin pump will be worth it because of the profit I gain from the coin that I bought.

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ainaya1994
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June 02, 2018, 09:27:40 PM
 #366

I do not recommend when the best time to buy because it is very difficult to determine the best time to buy ..
which I do the best time to buy is when the price drops there the best time to buy but go back to yourself what you would do to buy it or not.
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June 02, 2018, 10:01:24 PM
 #367

Not only that, I think I could write a lot more useful points here. But I don't want to reveal my secrets to anyone. Since a successful trader will not reveal his secrets.
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June 02, 2018, 10:25:09 PM
 #368

Not only that, I think I could write a lot more useful points here. But I don't want to reveal my secrets to anyone. Since a successful trader will not reveal his secrets.
Why did you ever write here then?? For the bounty message limit?
Don't be robot for money.
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June 02, 2018, 11:15:05 PM
 #369

In my opinion, it is very hard, maybe even impossible to predict where is bottom. Money losing value over time, so answer can be: BUY TODAY.
For sure nobody knows when to buy and when to sell but I think people makes decisions according to the market condition as when you see price is low then it will be the time to buy and when you see market is good you should sell, but now day market is not having such high ratings so time to buy than selling, holding is best thing we can do with our bitcoin saving these days just buy now and hold don’t be late a anymore as price is getting high rapidly.
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June 02, 2018, 11:30:11 PM
 #370

Of course,  you will identify it in the flow of the coins if it is going higher or lower.  If the price are currently down,  invest as many as you can then wait for the pump of the coin. For sure you will earn by that kind of strategy.

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