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Author Topic: when is the right time to buy cryptocurrency?  (Read 23124 times)
speedforce
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November 30, 2020, 08:12:53 AM
 #201

It is difficult to determine when is the right time to buy coins or tokens. In my opinion, if we have analyzed and created a strategy, we can buy and set a stop loss or profit target. Prices are very volatile and all we can do is analyze it, if it doesn't fit our analysis I think we can evaluate it. Unless we invest for the long term, because it requires patience

i agree with this opinion, what we can do only analyze, bcs the price move sometimes unpredictable.

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November 30, 2020, 09:40:36 AM
 #202

In my opinion, when is the right time to buy depends on our investment plans, whether for the short term or the long term. If we invest for the long term, what needs to be considered is the continuity of the project in producing the product. The exact time is hard to predict in my opinion because prices move very fast.

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November 30, 2020, 11:03:41 AM
 #203

i agree with this opinion, what we can do only analyze, bcs the price move sometimes unpredictable.
It's no longer sometimes, but it is clearly unpredictable that many people have made wrong predictions in the past, so obviously everyone has to analyze repeatedly on every price seen in order to make comparisons and predictions that are a little more accurate.

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November 30, 2020, 11:55:18 AM
 #204

Now that bitcoin is bullish again, this would again entice some buyers to risk money for altcoins as they are also bullish at the moment.

However, I don't think it's  good idea to buy now, if they would buy, why not during the time when bitcoin was on a correction, they could get a good price for altcoins that time as it dumped significantly. As to what coin, just DYOR, we are responsible for our own action, at least we don't blame anyone, but ourselves in case we make mistakes.

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November 30, 2020, 12:17:08 PM
 #205

Buy when the market is crashing. This is the best time to buy a crypto. If it happen you wish to buy crypto in an ICO period which is more risky then I suggest to buy a crypto which is being managed by a good bounty manager like @Hhampuz. Most of his projects managed are successful and you can even check his trust feedbacks. There are other good bounty manager as well like @yahoo62278 whom established but I did not see him promoting ICO projects.
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November 30, 2020, 02:00:27 PM
 #206

All the points listed are realistic and well sorted out but for me, I would go with your numbers two and five. For me, I would say when the price is down you can buy any cryptocurrency of your choice, and also when the project is listed on a big exchange.

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November 30, 2020, 02:21:32 PM
 #207

The right time to invest, of course, is the start of any ICO campaign, provided, of course, that this is a very promising project with a good team. And, nevertheless, there is a great risk, therefore, it is necessary to be very careful about the study of the chosen project.
I think ICOs are dead now and there are no good projects that use ICOs to raise funds. Right now, good projects call capital through the IEO of big exchanges or use the smart contract of ERC - 20 to raise capital.
The current Defi projects do the same, and for the most part it has grown fairly strong when listed on Uniswap. I think this is a way for us to make better money than investing in ICO projects, the crowd is always making the price go up because of their fomo.


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November 30, 2020, 02:26:08 PM
 #208

^ for me buying cryptocurrency anytime is still profitable. not all cryptocurrencies are of high-value today. for example, the DeFi token was bullish some time ago even though in the previous year it was not attracted by investors.

So that you don't lose in the future, before buying or investing in a cryptocurrency, choose the cryptocurrency with the most bullish potential in the future, do a little market research.

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November 30, 2020, 03:10:32 PM
 #209

I have read it at times that you buy cryptocurrency when the price is low and sell when the price is high. All your listed factor is correct, knowing about the project as well is embedded. This is a risky investment so you dabbed in whenever you think you are a risk taker

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November 30, 2020, 04:41:34 PM
 #210

Bear market is the best time to buy coins.everybody has their own specific manner of purchasing crypto, few people get it early, some tipe of people get it exceptionally late,many people get it when it goes up trusting it will keep on going up,many people sit tight for it to crash to purchase.for me if time is bear market then thats time is the best time for buying .

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December 01, 2020, 03:58:23 PM
 #211

buying cryptocurrency tokens can be done at any time. but it is better when the token price has decreased and it also has good potential, so you can buy at a low price and sell at a high price later when the price has increased
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December 05, 2020, 12:10:22 PM
 #212

There is no right or wrong time to invest in cryptocurrency. What all need is right information and knowledge about this market. Normally if you invest in a down market and hold for some time there is a chance that you will make some profit. But if you investment in the wrong place whenever you invest you will be in loss. So I would say that better gain some knowledge about the market then go for any cryoto any time you will be in profit.

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December 05, 2020, 12:15:22 PM
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 #213

There is lesser risks if you buy coins when the market is in a bad shape, bear market is the best time to invest in Bitcoin and good altcoins, you might have to hold for a long time but once the market start recovering you will make insane amount of ROI simply because you took advantage of bearish market, be wise
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December 05, 2020, 01:18:57 PM
 #214

I think cryptocurrency doesn't always make a good profit. When you buy a coin it's not a matter of time before you buy it. However, the right time to buy coins is when Bitcoin is a dump.

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December 05, 2020, 02:34:11 PM
 #215

I think cryptocurrency doesn't always make a good profit. When you buy a coin it's not a matter of time before you buy it. However, the right time to buy coins is when Bitcoin is a dump.
You are all right but unfortunately most people buy bitcoin and other coins when everyone is talking about it and as soon as it drops in price they immediately sell it and say that it is a bad investment. Such people need to learn to think not in front and be prepared for such consequences...
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December 05, 2020, 03:19:22 PM
 #216

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 believe that different events can be used to choose the right time to buy cryptocurrencies. Your suggested list is fine and can be used. However, if you choose one way, then I think that the best time is the moment when the price of a crypto asset is at the bottom and it can be bought at the lowest price. Personally, I try to stick to this point. In any case, you should have several ways and remember that any investment carries a risk.
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December 05, 2020, 05:29:49 PM
 #217

Lol buying coins at ICO isn't safe and not recommended unless you know the difference between a high quality new project and a crap one, IEO is still fine if you choose through top exchanges projects but the best way to buy coins is in red market, whenever market crashes go for top altcoins including bitcoin and wait for recovery

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December 05, 2020, 08:15:59 PM
 #218

The cryptocurrency market is constantly growing, and with it the quotes of the main tokens are increasing, so it is almost impossible to determine the exact timing. Before purchasing, perform a market analysis. do not make transactions at random.
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December 05, 2020, 08:29:29 PM
 #219

The cryptocurrency market is constantly growing, and with it the quotes of the main tokens are increasing, so it is almost impossible to determine the exact timing. Before purchasing, perform a market analysis. do not make transactions at random.

yes, an analysis is needed before we buy any altcoins, so, we know when we must cut our losses in short when our predictions wrong
the key is how to minimize the risk, not only about how to het profit my friend


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December 05, 2020, 08:56:45 PM
 #220

I always tell people there's no right time if buying coins or tokens. Best time is to buy once there's good dip because waiting for right time maybe wrong period of buying so whenever there's dip, one can buy cryptocurrency coins or tokens. Always do your research a d buy. All coins have it's own altcoins period.
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