Shasha80
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December 05, 2020, 09:25:44 PM |
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All the points mentioned in the opening post are not all good methods for buying cryptocurrency, In my opinion, only point number 5 is "buy when coins from the projects listed on big exchanges" which is the most likely to be profitable. Because this has often happened, every coin listed on big exchanges has a price pump directly. Although usually the increase doesn't last long, so we have to immediately take profit before the price drops.
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pelumi20
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December 05, 2020, 09:29:45 PM |
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there is no appropriate time. There is just when you ought not to buy, and that is the point at which the project has been hyped for quite a while. Many stand by too long and afterward purchase at the higher high and afterward lose a ton. In the event that you are persuaded of a project, accomplish your work and make a top to bottom investigation, in the event that it persuades you, at that point purchase, simply not when it is at its record-breaking high, ideally in a remedy, in any case disregard it.
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odukoyaewatomi27
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December 05, 2020, 11:07:07 PM |
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There will never be an opportune time. You will never decide with a 100%, likelihood that a token is at the top or not. Good traders essentially have good risk managing skill and are not greedy. Furthermore, on the off chance that you pick where to invest, at that point its better to contemplate the project completely and consider the current market
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simpelplan
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December 05, 2020, 11:30:52 PM |
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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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coiner-88
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December 06, 2020, 05:09:31 AM |
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The report about governments utilizing Bitcoin I think will legitimize the altcoins too especially ETH and others. This is very hazardous yet can be productive if the task is effective on the lookout. also, perhaps a terrible decision if purchasing coins in the wake of encountering a major siphon. the greater part of the new coins in the wake of being siphoned it is hard to arrive at the most exorbitant cost once more.
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Banulit
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December 06, 2020, 06:52:15 AM |
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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?
Eventually this sentiment is a very accurate and agreeable. If you are planning to buy cryptocurrencies keep in mind of the following method listed but I more prefer buying it when the project is already established and if I can see that that crypto tends to have an upward trend, that is an indicator for me to buy that specific crypto.
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Viscore
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December 06, 2020, 07:09:52 AM |
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The report about governments utilizing Bitcoin I think will legitimize the altcoins too especially ETH and others.
I like to know the source of the report, there's been a lot of rumors in the space now, I would appreciate if you would share the source of the report to verify this and to know its specifics. This is very hazardous yet can be productive if the task is effective on the lookout. also, perhaps a terrible decision if purchasing coins in the wake of encountering a major siphon. the greater part of the new coins in the wake of being siphoned it is hard to arrive at the most exorbitant cost once more.
hazardous or risky, whatever you call it, that thing is present in the market regardless of the situation, technique here is very simple, just do the right timing, buy at dip, and sell at peak, you would not be lost if you follow that simple technique. Also, for new coins, well, you have to gamble as the success rate is very low, as in LOW!
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iTradeChips
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December 06, 2020, 10:37:59 AM |
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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?
Eventually this sentiment is a very accurate and agreeable. If you are planning to buy cryptocurrencies keep in mind of the following method listed but I more prefer buying it when the project is already established and if I can see that that crypto tends to have an upward trend, that is an indicator for me to buy that specific crypto. And eventually your sentiment will be part of your regrets for a long time to come. I am no expert when it comes to buying and investing, but sheer blind statements of agreement such as this would easily put you as someone who is posting without really thinking. The other veterans here have already spoken before you that what the OP mentioned is not really a right time and not all the tips are worthy of blind following. You have to be vigilant in the markets specially if you have a target coin to invest with.
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dhaldanga
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December 06, 2020, 11:56:59 AM |
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It is difficult to say the exact time to buy in cryptocurrency, but looking at the regular market volume, if the coin seems to be in the top ten or top twenty but the price has dropped a lot, it can be purchased.
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Vishnu.Reang
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December 06, 2020, 01:13:04 PM |
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When looking at coinmarketcap, everyone can see that Altcoins are very good and increase in price according to Bitcoin. But the rapid rise in price mainly from Bitcoin, the Altcoins increased very slowly. So why don't we buy the Altcoins when they're cheap?
This is an idiotic argument. Just because an asset is cheap, that doesn't mean that it is underpriced. Take the example of stock market. Apple is having a market capitalization of $2.08 trillion. Xerox on the other hand, is having a market cap of only $4.6 billion. Does that mean that Xerox is a better stock when compared to Apple? If you are still confused, just look at the last 12-months return for both these stocks.
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Fredomago
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December 06, 2020, 01:23:07 PM |
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Crypto is volatile and that's why you have to take action as per the market situation.
Dealing with each situations gives you a good hint in what particular actions to take., It's very important to acknowledge every market trends. According to the time you have to take advantage of the market situation to make a profit.
If you play well and the timing is great collecting profits is really possible from each time you position your investment. If the market is down then you have to invest in coins by seeing its potential and performance for the long term benefits.
Taking those dip as opportunities might be a good basis if you do believe that the project will rise back and provide good compensations. If some good news of partnerships happens then this would also create opportunities to make a profit through its impact on the n market.
Those good news coming from the coin that you are following is additinal factors to anticipate good market movements, You need to act accordingly to earned out from it.
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tarable
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December 06, 2020, 01:35:59 PM |
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It is difficult to say the exact time to buy in cryptocurrency, but looking at the regular market volume, if the coin seems to be in the top ten or top twenty but the price has dropped a lot, it can be purchased.
Yes, that means that in general everyone should always keep an eye on the coins that are always in the top twenty in the ranking, because if the price of those coins has dropped a few percent on many exchanges, then that's a good time to buy.
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Ken_terrance
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December 06, 2020, 03:46:48 PM |
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The impatience ones find it hard to wait for the perfect time, they are always in haste to make money, I've learn alot since I came into digital world of cryptocurrency since 2017 and I keep seeing that crypto is all about the right time, there is a time to buy and there is a time to sell, that's not the end, it's like a God damn circle, time to buy will always come around and time to sell will always come around too
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taufik0911
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December 07, 2020, 11:43:04 AM |
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in my opinion the best moment to get a token is a sale price or when the price drops, when the airdrop or bounty is distributed there will be a drastic price drop which is likely to touch the support area and can go up again towards resistance and you can get short-term profits that way
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kpierce77
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December 07, 2020, 12:02:09 PM |
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The impatience ones find it hard to wait for the perfect time, they are always in haste to make money, I've learn alot since I came into digital world of cryptocurrency since 2017 and I keep seeing that crypto is all about the right time, there is a time to buy and there is a time to sell, that's not the end, it's like a God damn circle, time to buy will always come around and time to sell will always come around too
The power of analysis as well as vision is very important to be able to determine when is the best time to buy crypto. most people always want quick profits, and that's normal. what we have to control is how we can buy at the lowest price and get a certain profit. as long as it's profitable, that's enough
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lumierre
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December 08, 2020, 09:18:53 PM |
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When buying a particular currency, I always pay attention to the project and analytical forecasts. Now, if you buy right now, then according to the forecast of analysts, the ether rate will rise to 600 dollars.
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risatrakib
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December 09, 2020, 06:59:39 PM |
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Cryptocurrency is notoriously unpredictable, you can't predict it. If you are planning to hold cryptocurrency for a long time then there is no right time to buy.
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Pamadar
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December 09, 2020, 07:11:22 PM |
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When buying a particular currency, I always pay attention to the project and analytical forecasts. Now, if you buy right now, then according to the forecast of analysts, the ether rate will rise to 600 dollars.
It's good to have some basis before jumping to any project. If you trust those sources after doing your research and studies, chances of profiting from the assets is very high. You just need to take time and analyze the situation very well in order not being fomos and quickly jumped to any conclusions that it will go according to the directions that you expect, take time and always think wise before placing your entry and exit place..
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JTripathy
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December 09, 2020, 07:44:26 PM |
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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?
Crypto market is highly volatile market so it's not easy to predict it!!! I'm a crypto investor and I'll share my experience here. First of all I see the project background like team members, experience, roadmap, planning. Then I check their previous work project. I usually buy in Presale, in IEO round their will be less price but it's depend upon the project that how strong it is. Because every time buying in dump won't show good result. I personally check the background of project then invest in it at the time of presale because also there is some risk of scam. Also I buy when there is a news/tweet then it's helps to go the project up and many investors invest in it so when new news comes. A will go with these option because I did it and I think this will be profitable:- 1. buy coin during ICO, IEO or STO; 3. buy when the project has a good news;
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coinsolidation.org
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December 10, 2020, 05:31:34 AM |
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The question is very open and not easy to answer, the opinion is very subjective and depends on the experience of each person. However, I believe that a main point and that most people do not question is because it has a price when a cryptocurrency or in its case a token comes on the market. From this first parameter i believe that an ICO or a current cryptocurrency should be evaluated. From the above, the question arises, how do you set an initial price for a cryptocurrency or a token? Well, the answer is also very open, however a parameter that is never considered is the "Velocity of Tokens" and what is this, how do you eat ... The velocity of tokens is a key aspect that affects future token value; however, it is also one of the least understood. This post attempts to describe velocity, how it impacts any token price over time and analyzes. Refer to the following post that shows an example of this parameter that has usually been left without evaluating and I think it may be a start of why, when and how to start the evaluation of buying a cryptocurrency or token. https://medium.com/newtown-partners/velocity-of-tokens-26b313303b77Regards,
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