when is the right time to buy cryptocurrency?

[Wapfika]

the right time to buy an altcoin? it must be listed on a trusted exchange, then in my opinion you should never buy during a dump but only during a pump to be able to do a good trading / scalping

Study the project or the coin, if a newbie better buy top performing coins or study BTC or ETH firs on how they move, it does not mean when it's pump we will buy since we might not know if it will just drop in a bit. Better learn how to read charts and analyse each project. Once done in studying atleast few top coins by that time maybe will be able to analyze how other crypto works in the market.

[kindbtc]

I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?

If you are aiming to invest in coins like btc or eth then everytime is right to buy them because they are the real thing, the brands, the representatives of the market and the most legit coins out there. Personally I am super bullish about them, its better to accumulate them from longterm support areas but buying continuously with your extra cash every month will also give you good cost average and benefits after few years.

[Captain Corporate]

 Obviously everyone has their own way of buying crypto, some people buy it very early, some people buy it very late, some people buy it when it goes up believing it will continue to go up, some people wait for it to crash in order to buy. The great thing about crypto which is also the scariest thing about it, you could make a profit from a coin with one way, while also losing money on another coin with the same method.

 Just to give an example, lets say you are the type of person who gets in at pre-sale very highly discounted price, one coin could turn out to be something awesome and you could make x10 profit with it because you got in very early, another coin could turn out to be horrible and you could lose all of your money there. As you can see the method of investing is same, but because coins (and tokens) are built differently not all of them will have the same results.

[DabsPoorVersion]

1. buy coin during ICO, IEO or STO;

You should exclude buying during ICO,

It is not good to buy coins in any running ico nowadays, most of it is scam and as far as I know, there is only a few of it. Buying in ICOs will only lead you to lose your money, you will not expect anything even if you have waited for a long time. Might be better in this case if you buy old coins or top altcoins than buying in ICO.

[reza7777]

For number 1 and number 2 too risky
I mostly buy coins when the project has good news, buy when the price starts to go up (pump) and when the coins of the project are listed on major exchanges (more precisely before being listed on the big exchanges)

[Zemomtum]

There is no actual time to buy cryptocurrency than to look deeply on the use cases and the team behind if they qualified to deliver what was specified in the whitepaper. This kind of strategy is for a long time, and I am not talking about any form of shorting here.

[DevilSlayer]

Actually I do not agree to the all of the lists that you mention and all of it doesn't guarantee any returns. Let's get to the number 1 first which is buy during ICO or IEO, Actually there is guarantee a success here because you do not know if the project will be patronize in the market. The second is buy when the coin dump, it is like catching a falling knives because what if you buy in dump then suddenly there is a huge dump again appear; of course you will lose huge amount of money in there because that strategy is really risky. The third is to buy when there is a good news, I do not rely on any news so I do not care if there is a news and usually those news are only creating hype so for me it is not good to buy just because there is certain news.

The fourth one is when the price is suddenly pump, you should not just quickly enter in a trade just because there is a huge candle. Planning is one of the most important key in order to become profitable trader so create a plan first before enter in a trade. The 5th is when the coin listed in big exchange, actually most of the defi projects that are been listed in big exchange are keep dumping. Only few coins that are surviving and holding their current price after got listed in specific exchange and the last is when the project have already product, not all of product are been patronizing a lot of investors. Most of the investors are just focusing on price appreciation and not to the certain product.

[bussybuddy]

I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?

I don't know if you have thought of this yet, as the things you share are full project fomo signals and hype it.

Agree this is very sensible because since each project has its own way of attracting people, you want to choose the best timing of buying a cryptocurrency . Have you ever been to work or accompany a project that when they succeed, you will realize an important factor, the profitability of choosing the right time to pay is still important if it really is. products you need to use or care about.

[zhea]

This question is always ask when there I some sort of a bullrun, missing out kind of thing.

The right time to buy cryptocurrency is when bitcoin was less than a dollar while the second best time to but is now. If tomorrow the price of crypro will plunge, you can always hold, it will come back to the price you bought.

[Adreman23]

There is no right time to buy cryptocurrency because no one knows when to rise or fall the price. We can only predict but still the result is desame either the price go up or it will go down. But if you are true believer of bitcoin or cryptocurrency as a whole i think you dont need the right timing to buy what you need is to hold and buy bitcoin or your favorite altcoins when you have extra money and disregard the price . Other people reason why they invest on crypto currency not because they want more fiat money but because they are the true believers of crypto currencies and blockchain technology and also they believe that one day crypto will replace cash.

[samputin]

5. buy when coin from the project listed on big exchange;

For me the best criteria for buying the right altcoin is if it was listed in exchamge already. That was the first and foremost thing you should look for. Through that one, you can assure that coin already established a good foundation — that it is not a scam or a fraudulent hype. But be careful because not all coins enlisted in exchanges are worth of your money. Of course, choose the one which got a higher ranking and have good feedbacks from the crowd.

[SyndicateLabs]

1. buy coin during ICO, IEO or STO;

It doesn't matter, better to focus regarding the project it is.

2. buy when the price down (dump);
4. buy when the price starts to increase (pump);

This method wouldn't work since you're only use your luck to buy the coin.

3. buy when the project has a good news;
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.

This is FOMO, don't get tricked by this kind news. Most of time you'll ended up in loss since the FOMO is over.

And we hear these things so many times, but until asked if you ever made a mistake? Everyone will agree with me that we all made mistakes. Mistakes are inevitable, factors like that will train your kidneys to have more experience what to do first but problems like that. There is both profit and risk in this market so your time in the market will make you a more complete person.

[_IRMAN]

I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;

You have to research the project first, not all IEO, ICO, STO projects are good.

2. buy when the price down (dump);

Just like number 1, you have to do research first for the project because not all coins that have been dumped will go back up, some are even more destroyed.

3. buy when the project has a good news;

Not all good news has an effect on price movements

4. buy when the price starts to increase (pump)
5. buy when coin from the project listed on big exchange;

This is usually called panic buying, and it is not good because if you buy it while the price is going up, you don't know the price will continue to go up or maybe vice versa.
Not all listings will bring a price increase

6. buy when the project already has a product.

There are also many projects that already have products but the coin price is not good enough.

[mamesso]

I have tried several ways when buying cryptocurrency, some are successful and some fail. So far I always buy cryptocurrency when the price starts to go up, This trick is very effective and until now I always use this trick. Whereas point number 5 (buy when coins from projects are listed on major exchanges) are also very good, but we must actively monitor price movements, because most of the coins listed on major exchanges still do dumping, only some of them managed to hold the price after being listed on the stock exchange.

[royalfestus]

Every recommendation on the OP should be carefully understand before making the decision. STO is no more attractive in the market so it might demand looking for what is selling in the market now eg Defi, NFTs. Not all coin can be bought when the price dumps except Ethereum and Bitcoin. Buying the news in cryptocurrency might be exit scam if the community is not large and supporters have all left.New Projects with long roadmap and good tokenomics may be considers against the old coins

[robelneo]

I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?

Number 2 should not be considered because the dump could mean people are losing trust in the project unless the project has potential and only hunters are dumping the coin, number 4 should also not be considered some of them are pumping then dumping then gone, buy a coin on the strength of their platform, even if it is listed in small exchange it will soon grow.

[mace15]

This is very important before investing in cryptocurrency to always check the project if legit and with real products. The above list you mention is helpful especially to the new ones in cryptocurrency. Never invest without knowing the project as we all know their are many fraud these days so we have to be careful as always.

[Viscore]

...
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?

I didn't see any perfect time in investing but considering these two strategies will help and give us assurance for not losing our money in the thin air. Most investors will look at product availability in the market than considering the price. However, we don't just need to be confident enough because they have a working product, listed on big exchanges but as investors, we also have to monitor the market situation. Many projects look like that but you'll be wonder that some of them haven't longer stay potentials, they just vanish by then.

[tvplus006]

~~~

Each of these points may be correct, but not individually, but taking into account the other points you have specified. I like to buy tokens on IEO exchanges, as well as at the moment when the token has already reached the lowest price and begins its upward movement.

[BryanJohn]

The demand for Bitcoin slows down during the weekends, pushing its price to be lower on Mondays. On the contrary, Bitcoin price is assumed to be high on Fridays and Saturdays. and also cryptocurrency volumes are higher on Mondays and a more cautious behavior expected as the week goes by.