when is the right time to buy cryptocurrency?

[Mpamaegbu]

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;

This is a no-no for me. I tried it in 2017 and got severely burnt. I rather wait for the token to be listed on exchanges if it's a desired token and then buy.

2. buy when the price down (dump);

This is the best buying strategy for me. But the nag with this is one's ability to decode if the dump isn't a soft exit. Otherwise, one will end up buying into a project whose devs have dumped finally.

3. buy when the project has a good news;
4. buy when the price starts to increase (pump);

This would be you chasing price because it's FOMO and it isn't good. You can buy on the rumour of the news (that's before the news is made official), but not on the news.

6. buy when the project already has a product.

Exchanges are overrated. I don't buy a token because it's listed on Binance or some other big exchanges. I buy tokens which have a use case.

[Jawhead999]

-snip-

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.

That's what the point I want to told it before, anyone will ever made a mistake when they're still newbies in crypto space. I'd hope anyone will not doing same mistake like me.
Even we can't really relieving 100% mistake, but we can give some good suggestion to prevent from that. Probably you can explain or give your opinion if my suggestion's not correct as you think.

[Furryball]

Take advantage of price dumps or bearish moments, you can easily do this by storing stable coins and watching the market or just go to top exchange and create a order, just make sure the coin you choose is a very good one with high trading volume, buy low and sell high, lots of patience is needed though

[InwardContour]

For me the best time to buy a coin is when prices are down and there is an upcoming news for the project, especially when the team has proven track record of development and reliability. Fundamental analysis in combination with TA works best from personal experience, hence once I see a coin with good fundamental analysis like awesome product release or listing on top exchange, I check chart and if there are good signals in confluence, I don't hesitate to bag some. Everyone has their own strategy, there is no perfect best time to buy cryptocurrency.

[restuibu]

2. buy when the price down (dump);
3. buy when the project has good news;

this has often given me advantages until now, even though sometimes I have suffered small losses, in essence, I like projects that have FOMO and hype
I like challenges

[bluebit25]

And this is what fomo news and all the list you come up with is how this market trended to attract users. Maybe the approaches to projects of you and I are different, but I find that new projects that come up with little potential if really interested and spend time learning about it and maybe If buying private, the chance of profit is huge.

[bitbollo]

there is not a single answer valid for all coins/ crypto currencies / tokens. The best answer is have a good knowledge about the project and make a movement only in certain period - or price range.
As example, I have taken good profit with old tokens like ICX just because the price was around some limits easy to predict. The same could apply with some projects but mostly advantage come from knowledge.

[kentrolla]

Except Bitcoin I have never invested money or time in any other cryptocurrency. If you are planning to buy Bitcoin then my suggestion would be anytime is good and then keep on accumulating more, hodl until you make a decent profit.

Nah, that's not my strategy I always go with market rule buy in low and sell in high. I recommend not to buy when the price is high because it's very risky, We have a genuine example of people who bought BTC for 20k until now they are waiting patiently to get what they invested likewise be careful you can't expect the market will be green forever so think wisely and buy accordingly.

[tsaroz]

For me, the best time of buying a coin is in the higher low of a bullish trend for a well established coin. When you are going with ICO, IEO or any new coins, you're risking more. When you jump into the low side of a bear, you never know when the price would come up. But when you buy on lows of a bullish trend, you are quite sure to make a profit or if the price don't play as you aim, you can sell them for quick exit without a large loss.

[cahkalem]

2. buy when the price down (dump);
3. buy when the project has good news;

this has often given me advantages until now, even though sometimes I have suffered small losses, in essence, I like projects that have FOMO and hype
I like challenges

good news will bring a lot of demands to  any crypto, thats why when the good news coming the price of any crypto will soar
but about buy when the price dump, i don't agree with this one, because sometimes the price dump and dump again then the coin thats indicate if the coins will going to be dead

[FairUser]

2. buy when the price down (dump);
3. buy when the project has good news;

this has often given me advantages until now, even though sometimes I have suffered small losses, in essence, I like projects that have FOMO and hype
I like challenges

good news will bring a lot of demands to  any crypto, thats why when the good news coming the price of any crypto will soar
but about buy when the price dump, i don't agree with this one, because sometimes the price dump and dump again then the coin thats indicate if the coins will going to be dead

If that is the moment when you think it will bring big profits then I think it will only bring the biggest profit for you and not me, the truth is that if we look at all of those things I think it is is the fomo stage and you will most likely buy at ATH and never be able to close your spending. Many factors are crucial, but finding new projects and investing in them will be easier than spending time fomo following the crowd.

[jostorres]

Best time to buy has always been "sporadically", I do not buy it when its new, I do not buy it when its old, I do not really care at what stage or what is going on at that time, I just buy it time to time to increase my position and that's it.

There are not that many of us but we are not few that just focuses on having a decent and respectable crypto portfolio that we put money into time to time, when we do that we increase our portfolios worth and sometimes we fail about few coins which drops our portfolio down a lot but we keep them up and we buy more from the good ones and just keep increasing the value. One advantage of this is the fact that while you are saving money aside, you are gaining from the increases of crypto world and still keep your money away from banks and governments.

[Ezravdb]

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 choose to buy Coin when the price drops 50% from the current price, because if Coin is in the top 100 on Coinmarketcap if it is down 50% is a very rare thing to happen on big projects, but I also buy when big news is coming like burning or mainnet.

[albon]

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?

And not only if the project has a product, but the product must have daily uses and is compatible with the blockchain, and the project has new updates, not false promises and an innovative idea, and the coin is listed in many exchanges and has a market value. Choosing the right time to buy the coin may also be when the coin reaches the bottom and you buy it with a quantity of your money and when the coin reaches its highest levels, you will get profits, you should make sure of the coin's strength and its graphic analysis.

[mezzaluna]

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?

It would only be logical to buy Cryptocurrencies when the price is down since that would give you a better profit once their value rises again. You could also buy Cryptocurrencies once their value starts to pump BUT that would be a risk since that might stop anytime and might only cost you money. Some platforms also boosts their value once their product is a go and that would be another great thing since people and users would actually find it useful.

[jacafbiz]

I will buy into a project when there is a news coming, I always prefer to buy projects will strong fundamentals, you buy the rumour and sell the news, look at Ethereum for example now, anyone not holding Ethereum for the launch of Eth 2.0 doesn't know what is doing, buy now and sell 2 or 3 days later when the hype is dieing down

[pedrillo0]

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 understand that market sentiment also changes when there is a fork.

It is before this fork arrives, because this market sentiment changes immediately.

I hope you take this into account from now on ...

[arufox]

The right time to buy cryptocurrency when the price dumped. And dumped happen if many people especially bounty hunters sell their token immediately. If you know about Youengine project, the price dumped to $0.0007 and only a day pump to $0.0012. If you can to read the situation, you will know when the right time to buy

[cdog]

The right time to buy cryptocurrency when the price dumped. And dumped happen if many people especially bounty hunters sell their token immediately. If you know about Youengine project, the price dumped to $0.0007 and only a day pump to $0.0012. If you can to read the situation, you will know when the right time to buy

It's too risky. not all projects successfully inflate their token price on the market in one night or 2-3 days. sometimes the price gets worse and creates a deep panic so that the token is just thrown away, far below the purchase price. and many projects that take a long time to recover price in the market.

If you want to invest, study the project and the easiest thing is to invest in the best and certainly safe Altcoins.

[Golftech]

The right time to buy cryptocurrency when the price dumped. And dumped happen if many people especially bounty hunters sell their token immediately. If you know about Youengine project, the price dumped to $0.0007 and only a day pump to $0.0012. If you can to read the situation, you will know when the right time to buy

It's too risky. not all projects successfully inflate their token price on the market in one night or 2-3 days. sometimes the price gets worse and creates a deep panic so that the token is just thrown away, far below the purchase price. and many projects that take a long time to recover price in the market.

If you want to invest, study the project and the easiest thing is to invest in the best and certainly safe Altcoins.

Study the project  not for quick gains but for long term, it's much better to have work with it and wait till the project go fully developed. A lots of investors loses their money thinking that this venue of investment is a shortcut to become a rich person, you have to dedicate your time and effort in knowing the advancement of any projects and what will be their value to the entire communities.