How do you decide on a buy price target?

[Lantind]

You must be sure that the investment you make in crypto currency can generate profits in the future,

And actually this does not apply to all cryptocurrencies, because most of them choose lower ones but the certainty is uncertain in the sense that they choose the wrong Altcoins, because this will also have an impact on their future, because of this everyone who wants to do Investments must pay attention to which Coins they should hold for the future, because this determines their success in the future.

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[tygeade]

Right now i don't have any target i just keep DCAing and i think the bear market is not over just because there is still too much optimism and greed. Maybe there is more pain to come.
Maybe we are already in the bull market and we don't know yet.

To have no target might be better because it allows us to continue buying. Usually, when we set a target buying price, we are making sure that it is the best price and we ignore the fact that it is not going to be easy. If you are confused if we are still on the bear or we are already in the bull run, I think we are still in the process of going out in the bear and we are now heading in the bull run.

There is optimism and it's a good thing. I think this is also the reason on why we are rising. If there are greed, that is when people continuously buy. There is no greed for selling yet because the price is not really great for selling. Pain is normal but please don't hope for it because the more it will come.

[bitkanu]

You must be sure that the investment you make in crypto currency can generate profits in the future,

And actually this does not apply to all cryptocurrencies, because most of them choose lower ones but the certainty is uncertain in the sense that they choose the wrong Altcoins, because this will also have an impact on their future, because of this everyone who wants to do Investments must pay attention to which Coins they should hold for the future, because this determines their success in the future.

that's like basic common sense, to choose altcoin that's of good quality is essential in ensuring future success.
but the question is how? moreover determining the lower price of these altcoins are also whole lot another level of difficulty.

[ahoenk]

Dont put all your money in to 1 or just 2 coin man. Put it separately in to 10 different coin. BRC20 maybe good choice too. Maybe it will be the next big thing for the nezt bullish cycle, everyone ape in to it right now and i saw new BRC20 project every day. And for " how i decide on buy price target " i my self atart buying 10% of my target investment after the coin down 50% in crypto winter / correction phase like now.

[woksy]

Man I buy at the very start on presales
now I'm into NEON, public sale soon, I think that when you're researching for cool projects before the hype -"magic" happens
Not magic of course, simple math, good team and product - nice impact
And when it comes to tokens that are already hyped, I'm waiting til the hype comes down
Second or third wave after updates or new hot releases

[tvplus006]

...You must be sure that the investment you make in crypto currency can generate profits in the future...

In the cryptocurrency market, you cannot be 100% sure of anything, since the market also depends on news that cannot be predicted due to the lack of insider information. The only thing that will help to save your deposit is to adhere to the risk management strategy.

[BitcoinBabbler]

Man I buy at the very start on presales
now I'm into NEON, public sale soon, I think that when you're researching for cool projects before the hype -"magic" happens
Not magic of course, simple math, good team and product - nice impact
And when it comes to tokens that are already hyped, I'm waiting til the hype comes down
Second or third wave after updates or new hot releases

No target to have is might better because they accept buy continuously and they Usually, when we set a target buying price,we are making sure that it is the best price and we ignore the fact that it is not going to be easy. There is optimism and it's a good thing. I think this is also the reason on why we are rising.at last we are running in race like that we think it.

[South Park]

...You must be sure that the investment you make in crypto currency can generate profits in the future...

In the cryptocurrency market, you cannot be 100% sure of anything, since the market also depends on news that cannot be predicted due to the lack of insider information. The only thing that will help to save your deposit is to adhere to the risk management strategy.

Yes, the only thing we can be sure about this market is that anything can happen at any time, now this is a characteristic that we may not like about this market in particular but we cannot do anything to change it and we can only adapt to it, this is why our risk management strategy is so important, as when the market moves against us then we can protect ourselves very well from the adverse effects such movement could have on our finances and reduce the damage to our account to a negligible level.

[tvplus006]

No target to have is might better because they accept buy continuously and they Usually, when we set a target buying price,we are making sure that it is the best price and we ignore the fact that it is not going to be easy. There is optimism and it's a good thing. I think this is also the reason on why we are rising.at last we are running in race like that we think it.

No matter how you feel about technical analysis, you cannot ignore the fact that there is a level of support and resistance. Accordingly, you should make your purchases from the support level. And if you also use DCA, you will get an excellent average coin price.

[livingfree]

No source, no signals.

But what I do is look on the news if there are already existing bad news for the coin that I am about to buy. But there's one exception of course and that's bitcoin.

Lacking of what you do in researching is where the other investors and traders are keen about. Those that have got experiences are making it sure that they'll be able to see what's behind the project and not just buying because of hype.

[newdevices]

No target to have is might better because they accept buy continuously and they Usually, when we set a target buying price,we are making sure that it is the best price and we ignore the fact that it is not going to be easy. There is optimism and it's a good thing. I think this is also the reason on why we are rising.at last we are running in race like that we think it.

No matter how you feel about technical analysis, you cannot ignore the fact that there is a level of support and resistance. Accordingly, you should make your purchases from the support level. And if you also use DCA, you will get an excellent average coin price.

Then what about altcoins that don't have support?
and if you look at the chart it has reached a new all time low and even if we buy it will still continue to fall,
and there is no bottom below, how? what should we do to buy that altcoin?

[SirLancelot]

No target to have is might better because they accept buy continuously and they Usually, when we set a target buying price,we are making sure that it is the best price and we ignore the fact that it is not going to be easy. There is optimism and it's a good thing. I think this is also the reason on why we are rising.at last we are running in race like that we think it.

No matter how you feel about technical analysis, you cannot ignore the fact that there is a level of support and resistance. Accordingly, you should make your purchases from the support level. And if you also use DCA, you will get an excellent average coin price.

Both technical analysis and support and resistance levels can be good indicators but we can also not ignore the fact that real world events can always make things go ways we never expect, so it is obviously better if we also keep an eye for that and buy accordingly, if we are uncertain about the changes to come but the price is pretty good, we should simply start doing DCA right at that time.

Someone who does DCA with coins that they want to purchase and keep until the bear market will actually be the one who wouldn't miss any dips and at the end, they will have a very good average buying price for each token they've been buying with DCA method.

[tvplus006]

Then what about altcoins that don't have support?
and if you look at the chart it has reached a new all time low and even if we buy it will still continue to fall,
and there is no bottom below, how? what should we do to buy that altcoin?

Altcoins also have support levels that break through just like bitcoin's support level. So we cannot know in advance whether the support level will stop the price, and for this reason we will have to place a stop order below this level. In this case, we will reduce our losses if the price continues to decline. As for new buy orders, they should be placed at the new support level and we will certainly get lucky sometime.

[tygeade]

No source, no signals.

But what I do is look on the news if there are already existing bad news for the coin that I am about to buy. But there's one exception of course and that's bitcoin.

Lacking of what you do in researching is where the other investors and traders are keen about. Those that have got experiences are making it sure that they'll be able to see what's behind the project and not just buying because of hype.

That is a good idea because there are so many projects that rarely have nothing going for it, there are so many projects that constantly have something going on that I feel like it's not going to be that easy to make a decision on it neither. This is the reason it is a lot easier to decide if a project is doing alright or not, because if there are good news then there is a possibility that it will be a good project, if there are bad news then we are going to see it do badly.

This is why I believe that we should be doing as well as hoped for and maybe that will change our life for the better. I think it's not that weird to consider that news have a bigger impact on altcoins than chart, because alts are not that high on liquidity so charts matter a bit less there.

[BaeSuzy]

DCA is probably the safest. However, If you see a coin pumping and you want to join early - usually best to wait for the little dip after the pump. Try not to buy the top of any coin.

[monineklutak]

No target to have is might better because they accept buy continuously and they Usually, when we set a target buying price,we are making sure that it is the best price and we ignore the fact that it is not going to be easy. There is optimism and it's a good thing. I think this is also the reason on why we are rising.at last we are running in race like that we think it.

No matter how you feel about technical analysis, you cannot ignore the fact that there is a level of support and resistance. Accordingly, you should make your purchases from the support level. And if you also use DCA, you will get an excellent average coin price.

Buying altcoins or bitcoins does have to use technical analysis, especially during the bearish season, the price of cryptocurrencies,
especially altcoins will be very volatile, if you don't know about support and resistance then you will get lost,
support and resistance are very important things we know before we start investing or trading

[WalkerIVIV]

DCA is probably the safest. However, If you see a coin pumping and you want to join early - usually best to wait for the little dip after the pump. Try not to buy the top of any coin.

when that occurs you're probably already late in the game. there are so many altcoins that outright just lost value after the first pump, it has been like that with other altcoins too these past few weeks.
after having pump they just couldn't get back up to their former valuation.

[nur rochid]

to place a buy target, I usually look at the previously formed support. Besides that, I correlate it by drawing Fibonacci lines to find out price declines. I usually place the golden ratio at the 50% -61% line. that's where my buying area is planned. but it can also be seen from the support that is formed so that we will be more valid placing pending orders. on the other hand, don't spend capital all at once, considering that no one will know the market, so we have a reserve fund to buy it back if it doesn't go according to plan

[Sebas.tian]

I always follow up with the red light to ensure I get the amount of altcoins I want to buy and hold for the green light to come up in a way I will not regret for the money I invested in that particular altcoins. I purchased some altcoins ending of last year when the price was very low in the market, because there are many altcoins investors in the community waiting for the price to decrease down to their target before they can buy at the moment but the price of altcoins started increasing early this year that made them to missed the opportunity  at the moment. It will be favourable if you can exercise patience for the price of altcoins to decrease down to your satisfaction before you can make a demand from the market to meet up with your buying target.

[RussianEnglishTranslation]

I've been interested in adding Optimism and ImmutableX to my portfolio but their price has been inflated after big run ups.

Now they are both in freefall and I'm considering an entry point.

How do you decide where to take the plunge?  A certain %drop from the top or a %above bottom?

Or do you just look at previous levels as the traders always mention, Optimism is getting close to some previous tops at $1.3 for example?

Or do you get buy targets from another source?

Look into Oasys. Their discord got hacked so the token price probably went down. They are similar to ImmutableX but have Squaresoft and Sega on board. Also look into Q Blockchain and IOTA. They are regulatory compliant and doing digital ID in Europe.