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Author Topic: Buy now or wait?  (Read 82572 times)
kotajikikox
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July 27, 2021, 10:52:11 AM
 #1321

Hi, i am wondering if i should buy a little bit of top 20 coins at current prices, 8th dec 2018, or wait until the market gets lower. What do you guys do?



What have you done from 2018? did you Invest in top 20 coins and keep them holding until 2020? if does then you are a total winner lol.

But if this remains as question and you never act to favor your plans then this is useless.

Look at the market now and compare to what happened upon creation of this thread.

https://coinmarketcap.com/

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July 27, 2021, 05:07:53 PM
 #1322

Hi, i am wondering if i should buy a little bit of top 20 coins at current prices, 8th dec 2018, or wait until the market gets lower. What do you guys do?

I have bought the current dip, or at least... when market cap was still around 120 billion usd. Following my policy to buy after huge drops only, i planned to buy the next dip if market cap is around 60 billion usd. But should i not buy the current dip twice? Because what if the bakkt launching next month is succesful? What if it gets followed up by the ETF getting approval in the february sec-decision? What if it all comes paired with new developments that occur? Is this a realistic scenario for short-term?

What would you do, if you were following my plan/policy? I don't buy with large amounts so i can take some losses, what do you think is best?
Well, I hope you bought inested a lot during that time cause if you did, you're probably sitting on a lot of money right now if you were able to hold it. Surely, the risk and the fear upon investing during that time is insanely high yet the price would pay off if you were able to surpass it up until the time last year where there are a lot of new all time highs that went over the expectation of many. I'm not preferring only with bitcoin but also other altcoins too since they were influenced or affected with the massive increase of bitcoin's price that no one ever expected. I hope you did the right choice and were able to hold it for at least two years.
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July 27, 2021, 05:19:51 PM
 #1323

I recommend to purchase the currency in which you wish to invest your funds now, when the market value of that currency is at its lowest point. In this type of market circumstances, we may earn a bigger profit and we should not sell our holding currency because, as I see it, a small gain in the market is ongoing this month, so we should ready ourselves for it.

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July 28, 2021, 05:06:06 AM
 #1324

I think now is a very good time to buy, because the average coin price is now very low compared to the ATH price before the bearish market, especially now the market is starting to look back slowly rising
actually for some potential coins there is no word when to buy, at any time you can buy and invest can certainly increase in time. but if you look at the situation, it can also be used at this time, where the correction is indeed very deep so it is appropriate to also buy.

it is certain that the period for increasing will come, it is estimated that the period of increase has not been completed, we can see from the price that does not want to go down for a long time and remains stable, this indicates that there is a desire to increase again, just waiting for the momentum to exist. the end of the year is the time and renewable ATH will be created.
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July 31, 2021, 07:35:18 AM
 #1325

It is best if we decide by our own for me buying is always depend on our funds if we are financially free then we can buy more and hold. But of we don't have then we need to stay away from buying because there is always a risk here in crypto, crypto is very risky so we need to use an amount that we can afford to loss. Its not about the market situation or the price of btc in the market because we can buy anytime even if the price is high we can still buy it because no one knows how high the next btc ATH, waiting make you miss the bullish season so I suggest to buy more if you have more funds.

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July 31, 2021, 08:18:48 AM
 #1326

It is best if we decide by our own for me buying is always depend on our funds if we are financially free then we can buy more and hold. But of we don't have then we need to stay away from buying because there is always a risk here in crypto, crypto is very risky so we need to use an amount that we can afford to loss. Its not about the market situation or the price of btc in the market because we can buy anytime even if the price is high we can still buy it because no one knows how high the next btc ATH, waiting make you miss the bullish season so I suggest to buy more if you have more funds.
all will ultimately be focused on funds, do we really have more funds to do something that finally decides to buy. agree with you the decision all depends on us because we know what we have and whether it is appropriate to immediately execute to buy. because in crypto it is clear that it cannot be held because the movements that occur quickly change so the risk is clearly high.

it is better if there is a special fund to make purchases by not using the necessities that are used for daily needs. so that we can focus more on being able to do what we are going to do and not be plagued by excessive fear because fear will affect actions that can make us unfocused.

I agree that if you buy bitcoin there is no need to doubt at what price you buy it because it can be ascertained that in the future the price we buy will be exceeded by the latest ATH price of bitcoin. potential bitcoin coin and there is no need to hesitate to invest in bitcoin.

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July 31, 2021, 10:44:33 AM
 #1327

I think you should make your own decision about when you wanna buy or wait a little bit longer. But, if you want to listen my advice you should buy right now and don't need to wait any longer because Q3 is almost end and when we entering Q4 we can't see any cheapest price like this on the market. Sometimes waiting is good, but at this time you gonna miss you train if you wait any longer.

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July 31, 2021, 08:08:04 PM
 #1328

Hi, i am wondering if i should buy a little bit of top 20 coins at current prices, 8th dec 2018, or wait until the market gets lower. What do you guys do?
Naturally everyone needs atleast a coin from the top 20 because these easily get pumped and you can benefit from that, regardless of their price.


I have bought the current dip, or at least... when market cap was still around 120 billion usd. Following my policy to buy after huge drops only, i planned to buy the next dip if market cap is around 60 billion usd. But should i not buy the current dip twice?
I like your strategy it's quite effective even in the year 2021, buy low sell high, almost everyone knows it but I highly doubt it if we put it into practice. But buying the dip more than twice should all depend on whether you have the money and time to spare.


What would you do, if you were following my plan/policy? I don't buy with large amounts so i can take some losses, what do you think is best?
Plan is perfect if you buying in small bits.

R


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July 31, 2021, 09:07:25 PM
 #1329

In my own opinion about the title, I think after learning how to research about a coin, the next thing to learn is how to know the entry point and exit point, this is very important in order to avoid buying the top, although no one can know it all actually. Before buying a coin you need to decide your holding pattern, if you will go for long term or short term, this will further Influence the type of coin you would want to buy. Normally, top 20 on coinmarketcap are good for long term because the products and services are already developed, nevertheless wait for price correction before buying mostly when you are going for long term.
On the other hand, for short term holding, most new coins can be good targets, since you will buy, sell and maybe buy lower again if you believe in the project. And lastly, it is always good to wait when a coin is already pumping, there will always be correction, if you think you can't wait it out, then focus on other coins. In the same way, buying in bits is also advisable because rather than going up, it might dump further, hence providing more entery point.

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August 05, 2021, 08:20:11 PM
 #1330

now is the right time to buy, because in my opinion the average coin price in the market is still cheap, compared to the ATH price before, the market is also now seen to be slowly rising again
For those who haven't bought it, there is still a good chance to buy some good coins, because the signs for market recovery are now increasingly visible even though it is still far from the previous ATH, but at least everyone can still take advantage of this opportunity.

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August 05, 2021, 08:56:45 PM
 #1331

As a protection measure if it is to buy, for me it would be primarily BTC, ETH, Dot, since they are currencies that I am seeing that have quite a positive reaction to the market, however I have been observing articles where there are currencies like AXS that are growing to success With the game, I have also seen that coins like IOTA and Dash are having a certain vision and since they are somewhat old currencies it is worth checking them, in the short term for DASH I found some technical analysis data:


Quote
DASH held itself above its support line of $149; the coin rose by 3.8% overnight as the coin stood at $158. It could try testing the $170 resistance mark if it moved in an upward direction; however, a dip could push it down to $149 and then $137.
Source: https://ambcrypto.com/xrp-monero-and-dash-price-analysis-05-august/

As well as Dash, I think that LINK also has a very good option to go up in price, also BCH, although BCH is not to my liking, for a long time I have been seeing a speculative potential of the market that can go up in price, I see these signs long-term.

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August 05, 2021, 09:59:29 PM
 #1332

now is the right time to buy, because in my opinion the average coin price in the market is still cheap, compared to the ATH price before, the market is also now seen to be slowly rising again
For those who haven't bought it, there is still a good chance to buy some good coins, because the signs for market recovery are now increasingly visible even though it is still far from the previous ATH, but at least everyone can still take advantage of this opportunity.
Missed opportunities are normal because we do have different decisions when it comes to investment and if there are times we do thought that it isn't the right time to buy then we would just simply wait.

Its up to someones decision on when they would get in and when they would cash out so this do talks about personal choices because when it comes to money then we are really that keen on spending into
something.

For those who do took risk then they are most likely do take some advantage but of course it isn't guaranteed.

R


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August 06, 2021, 04:24:10 AM
 #1333

now is the right time to buy, because in my opinion the average coin price in the market is still cheap, compared to the ATH price before, the market is also now seen to be slowly rising again
For those who haven't bought it, there is still a good chance to buy some good coins, because the signs for market recovery are now increasingly visible even though it is still far from the previous ATH, but at least everyone can still take advantage of this opportunity.
Missed opportunities are normal because we do have different decisions when it comes to investment and if there are times we do thought that it isn't the right time to buy then we would just simply wait.

Its up to someones decision on when they would get in and when they would cash out so this do talks about personal choices because when it comes to money then we are really that keen on spending into
something.

For those who do took risk then they are most likely do take some advantage but of course it isn't guaranteed.
I agree on that there is no guarantee that after we buy we will earn, we need to decide on our own when it comes to buying, because at last we will suffer the consequences of our actions when we choose the right or wrong decision. So if we buy we need to wait for the right time, because if we hold we can surely earn. But if we are like panic sellers that lose the focus when the markets are down then we will surely loss.


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August 06, 2021, 05:27:45 AM
 #1334

As a protection measure if it is to buy, for me it would be primarily BTC, ETH, Dot, since they are currencies that I am seeing that have quite a positive reaction to the market, however I have been observing articles where there are currencies like AXS that are growing to success With the game, I have also seen that coins like IOTA and Dash are having a certain vision and since they are somewhat old currencies it is worth checking them, in the short term for DASH I found some technical analysis data:
why not BNB instead of DOT? though i can see some good news and update to this one yet i believe that binance is more functional ng Polkadot.
Quote

Quote
DASH held itself above its support line of $149; the coin rose by 3.8% overnight as the coin stood at $158. It could try testing the $170 resistance mark if it moved in an upward direction; however, a dip could push it down to $149 and then $137.
Source: https://ambcrypto.com/xrp-monero-and-dash-price-analysis-05-august/
Thanks for the graph and at some point it is still bitcoin and ethereum is best to provide profit for this whole year and out.
Quote
As well as Dash, I think that LINK also has a very good option to go up in price, also BCH, although BCH is not to my liking, for a long time I have been seeing a speculative potential of the market that can go up in price, I see these signs long-term.

LINK is promising coin but please stop BCH promoting because this pretending to be bitcoin will going nowhere in best result for us.









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kapalmabur
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August 06, 2021, 06:59:41 AM
 #1335

now is the right time to buy, because in my opinion the average coin price in the market is still cheap, compared to the ATH price before, the market is also now seen to be slowly rising again
For those who haven't bought it, there is still a good chance to buy some good coins, because the signs for market recovery are now increasingly visible even though it is still far from the previous ATH, but at least everyone can still take advantage of this opportunity.
Missed opportunities are normal because we do have different decisions when it comes to investment and if there are times we do thought that it isn't the right time to buy then we would just simply wait.

Its up to someones decision on when they would get in and when they would cash out so this do talks about personal choices because when it comes to money then we are really that keen on spending into
something.

For those who do took risk then they are most likely do take some advantage but of course it isn't guaranteed.
I agree on that there is no guarantee that after we buy we will earn, we need to decide on our own when it comes to buying, because at last we will suffer the consequences of our actions when we choose the right or wrong decision. So if we buy we need to wait for the right time, because if we hold we can surely earn. But if we are like panic sellers that lose the focus when the markets are down then we will surely loss.
That's why before buying we need to do research and analysis first,
because if we just buy without doing it we will likely lose money and of course things like that are not things we want to experience,
besides that patience is also very important so that when the market goes down we don't panic and sell assets
Cherylstar86
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August 06, 2021, 01:12:59 PM
 #1336

I think now is the right time to buy, because the crypto market has started to recover, and we can see most of the altcoins have started to increase, before the altcoins go higher then I recommend buying now especially coins like ETH,
Indeed. If the coin price this time is lower. You can buy it now. It is a good opportunity to buy since crypto market are starting to recover and price are started to increase. If we buy coins, we need to wait for the right time, holding is the best option and can surely help us earn. But if we are like those sellers who get panic when the market price is increasing then we will surely lose a huge amount of money.
kumala_abi
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August 07, 2021, 08:04:10 AM
 #1337

I think now is the right time to buy, because the crypto market has started to recover, and we can see most of the altcoins have started to increase, before the altcoins go higher then I recommend buying now especially coins like ETH,
before we decided to buy some coins either bitcoin or ethereum , better to make sure the trend reallly recovery and not as bull trap. Alot investors trapped in condition because they affraid miss the bull train and not patience waiting pullback as confirmation the trend.Although buying bitcoin or ethereum have lower risk but we should take best level to entry.


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Xinarae*
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August 07, 2021, 08:17:13 AM
 #1338

I think now is a very good time to buy, because the average coin price is now very low compared to the ATH price before the bearish market, especially now the market is starting to look back slowly rising
Yes now is the time to buy with the rise in the price of currencies, the market will return to bull run it would be good to buy altcoin. They are cheaper than bitcoin so it is easier to hold on with a small amount of capital if the price goes up it will double.
Helpme_please
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August 07, 2021, 09:07:30 AM
 #1339

I think now is a very good time to buy, because the average coin price is now very low compared to the ATH price before the bearish market, especially now the market is starting to look back slowly rising
Yes now is the time to buy with the rise in the price of currencies, the market will return to bull run it would be good to buy altcoin. They are cheaper than bitcoin so it is easier to hold on with a small amount of capital if the price goes up it will double.
buying in resistance have high risk in my opinion , isn't it prefer to wait correction or pullback to see is this valid reversal and bullish confirm. everyone should be happy with current movement ,but should not trapped in fomo or we will getiing rekt for second chance.
Dedewahyu
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August 07, 2021, 09:08:25 AM
 #1340

I think now is a very good time to buy, because the average coin price is now very low compared to the ATH price before the bearish market, especially now the market is starting to look back slowly rising
Yes now is the time to buy with the rise in the price of currencies, the market will return to bull run it would be good to buy altcoin. They are cheaper than bitcoin so it is easier to hold on with a small amount of capital if the price goes up it will double.
buying in resistance have high risk in my opinion , isn't it prefer to wait correction or pullback to see is this valid reversal and bullish confirm. everyone should be happy with current movement ,but should not trapped in fomo or we will getiing rekt for second chance.

I think it's still in the bearish range, still waiting for the confirmation candle, my buying area is at 46k, if the price can exceed 46k I think the bullish trend is confirmed until the end of 2021. but if you are an investor and a strong holder, you can buy at any time, and sell with a high target as you wish.

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