Some important tips when buying cryptocurrencies

[Crypto123 0]

5 hours ago, ram007 said:

nice tips. learning how to analyse the movements of the market is the most important thing we need to learn for us to be able to make profits. learning to analyse the chart,knows the factors that affects it and how it got affected by them and looking back on price history.

Yes, analyzing the market and knowing how to buy the currency and what are the things that control the right time to buy, as well as the right time to sell. These are the most important things in trading cryptocurrencies, and one must have sufficient knowledge of them.

[Crypto123 0]

5 hours ago, Mazharul islam said:

He works with caution and does not make decisions quickly, which often causes him to lose a lot of opportunities due to frequent hesitation in his business. Its policy is to prevent harm. General Chat Chat LoungA careful businessman is concerned with security first, which is not a bad thing but it is limited. He is a conservative businessman with a few contracts.

Security man!!!! This expression sounds not good for a trader, but it is okay if you like to call such a cautious man who does not like risk or adventure, there are people who are wary of their nature or are afraid of adventures so they do not do anything in it risk.

[bentayebsalah 2280]

While purchasing any cryptocurrency, this should be done while a significant decrease has occurred and the end of the decline has occurred

[Shaze win 107]

Before starting investing in cryptocurrency we should have perfect knowledge of the Crypto trade we should learn all the logical aspect of marketing in digital currency when the rates of cryptocurrency are down because the price of Crypto fluctuate so on the rate of if 2 is down we should buy it and wait until the price of Crypto this will be beneficial for us and give a lot of profit

[Alomgir0099 7]

With thanks impartial for stating this loom a fate of costly accommodating hints wes hould be alert of the instant selecting cryptocurrencies. It's forever highly completed and additionally positively articulated. Giant thumbs choice!
 

[Daddminna 27]

Choosing potential coins is plus incredibly important, if you select the ill-treat coins, you will lose, for that you duty be identical careful, planning and strategies have got to be completed as a result that you keep on on the trading track
 

[Crypto123 0]

12 minutes ago, Daddminna said:

Choosing potential coins is plus incredibly important, if you select the ill-treat coins, you will lose, for that you duty be identical careful, planning and strategies have got to be completed as a result that you keep on on the trading track
 

That is correct, choosing a good currency is the first and most important factor in the decision to buy, because if you choose the wrong or bad currency you will not benefit anything, no matter what other correct methods you have followed, and you may suffer a heavy loss. Many people fail due to their failure to choose a good currency for trading.

[teminalibug 309]

On 3/5/2020 at 5:18 PM, fAtEmA00 said:

But how do you make a profit from this, the profit from this national business will be less, as you invest in it every month and it may decrease.  If you lose then you will suffer a lot.  And if it grows, then you can benefit a lot.

If you want to only lose and never or at least rarely lose, you should buy when they are low and sell when they are high, with the help of fundamental analysis i think you can do profitable trading.

[phizusiki 239]

On 1/10/2020 at 1:21 PM, armor said:

If you need to buy other coins apart from Bitcoin, you need to study the project to see how legit it is before investing

I understand that the planet has become teleported into the electronic world. Looking at actual charts can help to find realistic models from the market. You made sure that the cash is big. That currency, in order to gain the necessary confidence in the currency for a long time, they will buy without forgetting that you are making a profit in the future if the market price is low, you will definitely get a profit. from later price increases.

[BrolySSJ 7899]

These are very good and useful tips. I also tend to keep a bit of funds in dollars in my trading account to buy cryptos when they dip and i also transfer cryptos to usd when they are high to keep for a later point to maximize my profits over the long term. This will be best. Good post and great advice in your topic.

[Treat1234 0]

On 12/3/2019 at 11:50 AM, fardin1 said:

With thanks just for stating this approach a lot of valuable helpful hints wes hould be aware of the moment selecting cryptocurrencies. It's always well done and additionally certainly articulated. Giant thumbs choice!

In Trading, we need to select those coins that are worthy in buy and sell, this potential coins will make us profits sharply

[LifeLine2k20 43]

To obtain cryptocurrency, you should invest in likely dollars sometime soon, like Bitcoin in addition to Ethereum, mainly because figuring out which often dollars to get is essential intended for dealing, it will eventually establish no matter if ones deal will probably realize success or maybe definitely not, and so tend not to invest in dollars erroneously.

[Ali_hmwi 966]

That could be good in this situation of the virus ? Thanks for your topic it will help for the future.

[Crypto123 0]

On 3/15/2020 at 1:04 PM, kuscoi11 said:

I don't like and I don't trust Coin MarketCap. It provides fake volume. when buying cryptocurrencies, definitely focus on the top coins, which will be the top 20 or 30. preferably the top 10, or top 5

Yes, this has already happened many times before and on more than one coin in the market cap, it has a false volume in addition to that I have found more than one scam coin on the market cap so in general it cannot be trusted 100%.

[Crypto123 0]

17 hours ago, JamesMark said:

Choosing potential currencies is also very meaningful, if you choose an inappropriate currency you have a lot of approval and you have a decent key when you want to see the nature of money.

Choosing the right currency to buy is the most important thing in trading, because if you choose an inappropriate currency for trading you will inevitably lose a lot, many people make these mistakes and even some analysts who say about themselves experts choose the wrong currencies sometimes.

[phizusiki 239]

On 12/21/2019 at 5:20 PM, Ms.o said:

Very nice tips,useful for everyone.

In addition,when buying crypto currencies its not all about price that we need to consider it also needs to have the resposibilities in making a deal,you must invest only what you can afford to lose,so that loses can be avoided when emotions are ruining your trading moods.

This is a good plan, and the trader must pay attention to things that seem small but of great importance, for example if you give all the money and the price drops a lot, what would you do? But if you buy half the amount. The only important advice I can give is that people are at least crypto-related, before buying

[BTC Future 3946]

My advice is quite similar to the original post's.

First of all, do not jump into pumps. You will end up buying the top and have a losing trade for a long time. Don't sell into major dips either. Basically this market works as the stock exchange with bots and algorythms forcing us to buy higher than we should and selling the bottom. Force yourself not to buy after a big pump and don't sell when price tanks.

[Crypto123 0]

16 hours ago, BTC Future said:

My advice is quite similar to the original post's.

First of all, do not jump into pumps. You will end up buying the top and have a losing trade for a long time. Don't sell into major dips either. Basically this market works as the stock exchange with bots and algorythms forcing us to buy higher than we should and selling the bottom. Force yourself not to buy after a big pump and don't sell when price tanks.

Thank you for this good advice, yes you really should pay attention to these things well when buying or selling currencies. There are a lot of things and advice that can be followed in such cases. But with time and experience these matters will become a natural instinct in the trader.

[teminalibug 309]

On 3/18/2020 at 6:35 PM, hasdasdaw07 said:

I have seen many scam coins in n markets so please research and verify each of your coins and after buying coins it should hold it for a while to raise the price. Do not sell at a loss

Scams is the first things most traders assume on startup projects, but they make decisions without research, making those projects doe anyway, because they will then lose investors.

[Crypto123 0]

5 hours ago, Cookjob22 said:

Frankly,the most important things is that you need to see the total supply of its coin.So be notice.

Of course this is necessary and very important to know the total supply of the coin when you want to buy it, but in my opinion this is not enough alone, there are many things that must be noted when buying and not just one thing.

[Crypto123 0]

8 hours ago, Cookjob22 said:

sincerely very nice post for beginners, I would even call it the best post among all the others who talked about trading. I've been trading, but i never got up on a big rake, because I used to buy coins just like that.

Thank you, my dear, for this kind words. I am very glad that you liked it and I am more than happy that I was able to provide useful information to the members of the forum. When I hear such beautiful words, I feel that my responsibility is always increasing by providing the best.

[Yunusalemu 0]

On 11/28/2019 at 5:21 AM, Crypto123 said:

You should know the way the market moves first. In general, when the market rises, the currencies make more than Bitcoin, and when it goes down, the opposite is true. When you invest in other currencies against Bitcoin, you increase the probability of profit and loss at the same time, so it is better to be more than half of the investment in Bitcoin, and the rest is distributed to other currencies that occupy the first ranks in Coin MarketCap.

Also in all cases you should keep the balance of the dollar to buy it in the event of low price, for example if you bought this month, try to save some dollar for the next month to buy it in the event of falling price, the best way to invest in stages so that your average purchase is acceptable, especially if There got a big drop in prices.

 

Anyone who has other ideas added here please for the benefit of everyone

yeah i concur with you statement and every other member here also do, I people should not just dive into buying any crypto currency without doing a research weather big or small about how it is fairing in terms of trsde. 

[MrGox 880]

6 hours ago, Dinhhung1612 said:

I see your tips are very useful, thanks for your advice so much. But the most important before deciding one kind of crypto you must understand what crypto is and how much it should cost for the time. I think if we dont know so much about crypto and want to buy the best you should buy BTC because it is the best and its price will have influence on the crypto world.

l do agree with your opinion. We should be careful about buying crypto. Because we should choose one of them, which is really valuable in the future. 

[Crypto123 0]

19 hours ago, Yunusalemu said:

yeah i concur with you statement and every other member here also do, I people should not just dive into buying any crypto currency without doing a research weather big or small about how it is fairing in terms of trsde. 

Yes, a lot of research and scrutiny must be done about the coin information you want to buy, sometimes you buy a coin without studying and eventually discover that it is a scam.

[BitcryptoHan 2557]

On 3/26/2020 at 3:32 AM, huyasdad08 said:

When you buy a currency, you often expect the price of this currency to increase over time. Thank you for sharing very important tips for buying cryptocurrencies.

But not only expecting the price to increase but also buy the right time. If you buy at wrong time and expect process to increase, it will only lead to loss.