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Author Topic: when is the right time to buy cryptocurrency?  (Read 23122 times)
kingzpro
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November 22, 2020, 04:34:50 PM
 #161

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?
Buying from the longterm support areas is always the best entry and second best entry is right when larger market breakout seems clear because after confirmation market has moved up like an arrow. I am talking about breakout like in 2016-17 where after breaking highs of 1200 btc went on parabolic to reach 20k.

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November 22, 2020, 05:44:27 PM
 #162

In the event that crypto projects direct their IEOs on top crypto exchanges, at that point I want to invest in these cryptocurrency projects during IEOs, in light of the fact that after IEO, these cryptocurrency projects list their cryptocurrencies on a similar top cryptocurrency exchanges and I generally get a good profit from this.
Yes, and everyone who sees this will obviously do the same thing as you, except for newbies who don't understand about it, because they also know that the new token whose IEO program is on the top exchange will make good progress and will deliver a lot of profit for the investors.
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November 22, 2020, 07:22:47 PM
 #163

For me the best standards for purchasing the best altcoin is if it was listed in exchange already. Through that one, you can guarantee that the coin is already trading and have a good foundation— that it's anything but a scam or a false hype. In any case, be cautious on the grounds that not all coins enlisted in exchanges are worth of your cash. Obviously, pick the one which got a higher rating and have good review from the public.

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November 22, 2020, 07:56:19 PM
 #164

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?
usually, I buy cryptocurrency when the price is downing a little and sell it back after getting a little profit, I keep doing this every day (day trading), honestly I prefer to buy cryptocurrency that already has a wide market and also has a sufficient rating good in the CMC list. Choosing a cryptocurrency that already has a market will certainly be more profitable from every side than us buying crypto from an ICO or STO project that doesn't have market certainty about where the crypto will be registered and the risk of being trapped in a project scam can occur.

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November 22, 2020, 08:20:36 PM
 #165

One thing is for sure don't buy any crypto when the price is surging high because that will walking into a trap, the right time to buy is when the price is down of course, but seem many people don't like to buy during this time, they always wait when price is going high before they will buy.
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November 22, 2020, 08:20:52 PM
 #166

now is the right time to buy cryptocurrencies, especially Altcoins,
I do not recommend Bitcoin because at this time the price is above, and it is prone to dumping,
yes if you want to buy Bitcoin I don't think it is a problem, because it is likely that bitcoin will be taken to $ 19,000.
Which coins are you suggesting as most of the alts in the top have risen along with bitcoin and if you are taking that risk then i would go with bitcoin than the rest of the coins in the market because you always know that the price would rally back at some point and you cannot expect that with the rest of the alt coin market.

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November 22, 2020, 09:49:22 PM
 #167

its so hard to get the best time to buy any specific cryptocurrency  and that is because nothing is certain in the crypto world, you cant bet and go all in on any new coin because you can never be 100% sure how it will do in the markets.
The only time i consider investing in coins or tokens is after extensive research and i believe that it is really undervalued, then i can buy some and watch how itll react in the markets over time.
I dont buy from FOMO because its easy to get dumped on

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November 22, 2020, 10:16:48 PM
 #168

Talking about the right time to buy and even to sell will definitely it depends on you, on us? If I say that I buy altcoins now because I see this is the best time, that is my discretion and could be different from yours.

We never know when is the right time but I could suggest that, in fact, this is the most practice is to buy when the market is in deep. By simply checking on the coinmarketcap chart, you will know the trend of the market. Of course, by simply tracking on a coin that you have chosen/planned to invest in, you'll be guided accordingly.
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November 23, 2020, 02:40:32 AM
 #169

Buying crypto is different for every one. It depends upon every one mind set . But the best time to buy a coin when market is in crash situation by using charts etc and wait for some times for big profits.
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November 23, 2020, 05:03:31 AM
 #170

Those who are involved in the world of cryptocurrency, those who invest in cryptocurrency and earn income always want to buy at a lower price.
 Buy when the volume of the cryptocurrency market is low, the top ten or preferred tokens or coins are available at very low prices.
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November 23, 2020, 05:40:01 AM
 #171

If you really want to buy coins make sure that you buy when the price is low, that is the good time to buy coins because when the coins goes up then you make a profit. That’s the right way to earn a lot if you have money to invest.

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November 23, 2020, 05:52:14 AM
 #172

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?
Assuming you already define the token is potential and you can assure the good future ahead. Buy immediately when the token dump because that will the perfect time to buy more and hold the tokens. Good coins normally are listed on big exchanges so no worries to think if it is a scam. Buy when dump and hold until bull run.
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November 23, 2020, 06:22:22 AM
 #173

Buying crypto is different for every one. It depends upon every one mind set . But the best time to buy a coin when market is in crash situation by using charts etc and wait for some times for big profits.
Indeed we have different way of thinking so it depends on our strategy. The perfect time is to buy when the market is in bearish and coins are in dip however there are some instances that even the price is not declining we can still engage ourselves depending on the progress of the coins.

Thats why it depends on our strategy and understanding. What important is regardless of your timing, make sure that you're aware of the risk and has knowledge on the specific coin that you want to invest in.

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November 23, 2020, 09:18:56 AM
 #174

Before you can say to yourself that this is the right time to buy cryptocurrency, you have to look at many factors that you need to check so that you will be able to make good decisions as to when to buy and invest in crypto. You can also check with traders as they are always making these kinds of decisions everyday. You can check many threads made by the traders as how they strategize and make decisions as to what to buy and how much to buy in real time.

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November 23, 2020, 09:37:05 AM
 #175

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?
Good advice for newbie like me. I was trying to start a new one to invest my money, but I can't do a first move if where and what is the good timing. Then I found this thread so I will do some advice from you OP. I will try your advice and I think I need to wait the red sign before to buy because its too expensive the whole good cryptocurries.
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November 23, 2020, 09:48:52 AM
 #176

If you really want to buy coins make sure that you buy when the price is low, that is the good time to buy coins because when the coins goes up then you make a profit. That’s the right way to earn a lot if you have money to invest.

Great advice! What about situation right now. Are prices low or high at the moment? How to find out when the price is low?
I will open you a secret - you can make profit even when the price goes down, by just increasing the amount of coins and token you hold, and reselling them.
Btw, people say, that "the best time to buy anything is yesterday". Because you have that one day to decide hold it or sell with profit.

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November 23, 2020, 10:10:44 AM
 #177

One thing is for sure don't buy any crypto when the price is surging high because that will walking into a trap, the right time to buy is when the price is down of course, but seem many people don't like to buy during this time, they always wait when price is going high before they will buy.

As what we always keep on telling for the certain topic of buy and selling a cryptocurrency. For me this time wasn't a good time to buy its due to high demand of bitcoin in the market. If we will gonna turn back time where bitcoin price where at dumped state then its a due time to buy it. Though its a simple rule as an investors but we can't deny that one reason why we are holdung back to invest was the feeling of being afraid of losing since bitcoin was a volatile currency.

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leea-1334
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November 23, 2020, 02:13:11 PM
 #178

Before you can say to yourself that this is the right time to buy cryptocurrency, you have to look at many factors that you need to check so that you will be able to make good decisions as to when to buy and invest in crypto. You can also check with traders as they are always making these kinds of decisions everyday. You can check many threads made by the traders as how they strategize and make decisions as to what to buy and how much to buy in real time.

Never check with traders,,, most of them never share the full picture, they tell you some trades and do not even tell you the precise exit and entry points. They even will not share the risk they are taking. Always do your own decisions and then base the trades on that.

Traders lose money, the majority of them. You will likely also. Buy to hold, maybe, speculate with tight timeframes and stops. And emotions, ah,,, try to learn to lose them:)

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JRoa
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November 23, 2020, 02:43:48 PM
 #179

Before you can say to yourself that this is the right time to buy cryptocurrency, you have to look at many factors that you need to check so that you will be able to make good decisions as to when to buy and invest in crypto. You can also check with traders as they are always making these kinds of decisions everyday. You can check many threads made by the traders as how they strategize and make decisions as to what to buy and how much to buy in real time.

Never check with traders,,, most of them never share the full picture, they tell you some trades and do not even tell you the precise exit and entry points. They even will not share the risk they are taking. Always do your own decisions and then base the trades on that.

Traders lose money, the majority of them. You will likely also. Buy to hold, maybe, speculate with tight timeframes and stops. And emotions, ah,,, try to learn to lose them:)
Most of them are just fake gurus wherein they are just posting their edited portfolios to deceive a lot of traders especially the beginners. I do not suggest to listen to their tips or opinions because it will lead you to incur consecutive losses. If you still do not have enough knowledge then do not force yourself to do trading because what you need first is to gain experiences. The best time to buy or to trade is whenever you earn experiences and knowledge.

lousie9
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November 23, 2020, 02:52:50 PM
 #180

buy when the price is low, wait for someone to sell at a loss because they panic sell but depend on coins too. if the project is good, the product is performing well in the market, and the team is also active in updating the project then it is a good opportunity to buy cheap, or when someone is selling low.


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