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Author Topic: when is the right time to buy cryptocurrency?  (Read 23238 times)
diamond_shine1
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November 09, 2020, 01:17:51 AM
 #61

indeed everything you write is true, it is all the right time to buy crypto but in my opinion it is not that easy to profit from crypto, and you can not only hear good news from a project, you also need to do detailed research with the project .

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November 09, 2020, 01:38:24 AM
 #62

Most of us know that the right time to buy a coin is when the price is declining. But before buying, make sure that you did a research about that particular coin to know if its good choice to invest in.

Dont buy just because the market is already bullish, its a risky thing to do. You'll never know the next movement of the coin and it can drop right after you buy thus its better to wait for a correction.

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November 09, 2020, 02:13:13 AM
 #63

when there is good news, or when prices have stopped going down. this is the best time to buy coins. and never buy when the price has gone up high, because it will be very risky if the increase suddenly ends. Don't buy coins if you're in doubt, this will make your patience hard to control. and never follow other people to buy coins, believe in yourself.

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November 09, 2020, 06:08:37 AM
 #64

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.
studying projects is not just for the long term. but also to avoid a mistake, namely losing money or decrease in assets when the project has not reached its climax. investors, traders, and bounty hunters should be wiser to learn about it so that they can improve their quality.
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November 09, 2020, 06:55:59 AM
 #65

Buying low and selling high is the best crypto investment strategy I know of but still there are risks involved, here is my advice if you want to follow my lead, choose top altcoins like NEO, ETH or EOS, watch out for price dump and buy, hold or create sell order at higher bid and wait for market recovery, patience is all you will need from here on.

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November 09, 2020, 08:23:11 AM
 #66

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 Depends on what you want to do first. If you are traders or short terms holders then buy when price dump or there is any good news upcoming. But If you are long term holders then first choose the right project and enter any time you want. Many have a different strategy. IN my opinion, split your funds into 3 parts and buy a token if price dump. In that way, your average buying price will be lower.

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November 09, 2020, 08:40:35 AM
 #67

There is a lot of for us to know when the us the right time to buy a cryptocurrency , many people have list to be considered that they need to see first because they buy a coin and for me Im waiting to the good news of the project of the coin so I can buy because news is powerful and for sure it will have effect on the price of the coins but if it's bad news the result is not good also if the news is legit.

 
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November 09, 2020, 10:25:36 AM
 #68

1. buy coin during ICO, IEO or STO;
It doesn't matter, better to focus regarding the project it is.

Quote
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.

Quote
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.

Yes, there is really no fool proof way of guaranteeing immediate profits from being an investor in my opinion. Careful planning and execution is needed as well as research of projects. Also I would encourage you to try day trading as this will secure you profits by careful execution of strategies that are effective. Just give it a try and you will be amazed at the results. Don't take my word for it, learn and research.

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November 09, 2020, 10:33:40 AM
 #69

I can disclose to you that there is no appropriate time. There is just when you ought not accepting, and that is the point at which the task has been advertised for quite a while. Many stand by too long and afterward purchase at the record breaking high and afterward lose a ton. In the event that you are persuaded of a venture. venture brings a decent pattern if follows the new promotion. Furthermore, I additionally need to begin to purchase if the token or coin is recorded as of now, and has a decent worth, regardless of whether it is low cost or enormous, at any rate it is recorded on a few trade.


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November 09, 2020, 11:11:39 AM
 #70

Very high risk if you buy when the price is high like point number 4, usually this kind of project is just hype after a big pump, the price can drop dramatically. but not with real coins like BTC or ETH. they have a big influence on the market, always have significant price developments and also always have a large demand in the market.

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November 09, 2020, 11:30:46 AM
 #71

The only time I deemed it right to cryptocurrency is when it has already been trading for about 2years plus. By then you would have got to find out the true value of the coin. Whether it's a dead coin or a profitable coin.
So many altcoins diminished value totally before or after then

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November 09, 2020, 11:43:52 AM
 #72

1. Quality of the project speaks louder than anything else
2. Exchange listing have impact too, remember binance listing AUDIUS brings 500% ROI for investors
3. Volatility is a must for all crypto coins except stable coins so no matter which altcoin you hold price will dump some times, be ready to buy at that time and wait for recovery to sell again
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November 09, 2020, 11:55:06 AM
 #73

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;
lol this will end up your career trusting this scams  Grin
Quote
2. buy when the price down (dump);
if you knew when is the bottomline is,but at least buy when the market fell hard.
Quote
3. buy when the project has a good news;
Good news?what does it mean?
Quote
4. buy when the price starts to increase (pump);
this is similar to number 2 lol,buying when dump and when starting to rise up is the same.
Quote
5. buy when coin from the project listed on big exchange;
Though this is not 100% accurate but yeah better have them in popular and big exchange.
Quote
6. buy when the project already has a product.

This is what made many investors fail,when they are not certain in products.
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November 09, 2020, 12:19:35 PM
 #74

When Bitcoin Dominance goes above 65% and the alt coin dip goes away and can be bought by looking at the support and resistance. Any coin can be bought by watching news, teams, furute.
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November 09, 2020, 12:21:49 PM
 #75

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?
The strategy that should be use is depends on the skills that you currently have, if you are good in analyzing starting projects then it is better if you make investment even though the coin is still not listed but if you are a type of investor who want guarantee then just make a investment if the project is already listed in a big exchange. There is a right time to buy and sell cryptocurrencies so timing is really a matter especially if you want to make gain in the market.

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November 09, 2020, 12:23:07 PM
 #76

The only time I deemed it right to cryptocurrency is when it has already been trading for about 2years plus. By then you would have got to find out the true value of the coin. Whether it's a dead coin or a profitable coin.
So many altcoins diminished value totally before or after then
Yes, finding out about the price of coins that have been traded is necessary because things like that will also really help us personally and can also be a reference for other people at this time, but sometimes people also often forget to do things like that on currently.
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November 09, 2020, 12:33:33 PM
 #77

The only time I deemed it right to cryptocurrency is when it has already been trading for about 2years plus. By then you would have got to find out the true value of the coin. Whether it's a dead coin or a profitable coin.
So many altcoins diminished value totally before or after then
Yes, finding out about the price of coins that have been traded is necessary because things like that will also really help us personally and can also be a reference for other people at this time, but sometimes people also often forget to do things like that on currently.

and at least the coins that have been circulating on the market for a long time, even less than 2 years, are suitable coins for investment. but remember that applies to the top coins which always have further price developments. I rarely see new coins last long on the market, Even if they exist but it is difficult to grow their price again after reaching their highest price.

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November 09, 2020, 12:57:48 PM
 #78

There are some ways and methods to consider when you are buying cryptocurrency, all you just need to remember is buy when the price of the cryptocurrency that you want to buy is low and sell when the price of the coin or token that you have buy is high. That is the primary thing you need to know when you are buying a cryptocurrency.
Right now I don't suggest for you to buy a cryptocurrency because the price is high, or if you want to follow the hype then go and try it.

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Rafiqul
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November 09, 2020, 01:34:28 PM
 #79

Most of the projects these days are not profitable to invest in ICO, IEO. It is seen that within a few days after listing on the exchange, the price of most tokens falls below the ICO or IEO value. In 2/1 projects like DIA tokens, I have seen that their tokens cost more than ICO or IEO value. So I think before investing in the ICO or IEO of a project, be sure to know the details of that project and invest or invest in the old top currency so that your risk is less and you expect profit.

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November 09, 2020, 02:08:14 PM
 #80

Most of the projects these days are not profitable to invest in ICO, IEO. It is seen that within a few days after listing on the exchange, the price of most tokens falls below the ICO or IEO value. In 2/1 projects like DIA tokens, I have seen that their tokens cost more than ICO or IEO value. So I think before investing in the ICO or IEO of a project, be sure to know the details of that project and invest or invest in the old top currency so that your risk is less and you expect profit.
Indeed. ICO and IEO projects are not profitable these days because most of them end up unsuccessful because they don't come up with a unique idea to develop or improve their projects, that is why their values in the market are very low. As many people suggests, we should only invest in cryptocurrencies that we've already seen potential or promising projects such as top coins in the crypto market to avoid risking our money.

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