Some important tips when buying cryptocurrencies

[Crypto123 0]

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

[Crypto123 0]

@nicolas1234789 @Jonok @Rafbouk @Philippe2001 

I thank you all for this good words but: 

To be fair this information is not from my personal experience alone but are ideas I liked and collected from other sites and presented to you here for the benefit of everyone, and I see that the results were good and I hope that everyone benefits because always when the exchange of experiences and experiences benefit everyone. thank you all.

 

[xprince1996 865]

On 11/28/2019 at 12:21 PM, 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

Additional tips in buying cryptocurrency if you are going to buy some coins you should check first the news of the coin if they have good progress to their project or they have a major development because this factors can cause some pump to it so it is best to buy before the news come. 

[pangitmo 186]

On 11/28/2019 at 12:21 PM, 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

Thank you for these tips. This would really help  someone who buy cryptos. Very helpful and detailed, nice.

[sidik7 1217]

you have a good strategic when investment in crypto see the quality of coins in coinmarektcap is a pretty sure strategy , but this is needs a proccess to get the profit .

[FlatterCar 696]

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 for more than a year, and never got up on a big rake, because I used to buy coins just like that, and then they just lost in price.

[palalu 512]

yes i agree with you. Especially your statement about saving dollars to buy when prices are cheaper. Because I have felt when I did not have dollars and bitcoin / altcoin prices in the discount price😓

[sdsonjoy50 886]

Much thanks to you for sharing this some significant hints wes hold realize when purchasing digital forms of money. It is all around said and very much clarified. Enormous approval to you, And you have a decent key when interest in crypto see the nature of coins in coinmarektcap is an almost certain methodology , however this is needs a procedure to get the benefit.

[Crypto123 0]

14 hours ago, xprince1996 said:

Additional tips in buying cryptocurrency if you are going to buy some coins you should check first the news of the coin if they have good progress to their project or they have a major development because this factors can cause some pump to it so it is best to buy before the news come. 

Yes, thank you for this good addition, it is very useful to interact with topics in order to be more benefit, you say true must follow the currency news before buying but at the same time be wary of false news because some, especially chat exchanges are trying to promote some false news about worthless currencies .

[xprince1996 865]

8 hours ago, Crypto123 said:

Yes, thank you for this good addition, it is very useful to interact with topics in order to be more benefit, you say true must follow the currency news before buying but at the same time be wary of false news because some, especially chat exchanges are trying to promote some false news about worthless currencies .

Don't ever listen to any chat exchanges because they will just Hype the crowd so that more investors will fall to their trap. 

[Akbor 1042]

Before investing in crypto trading you need to study about the market condition very much. if you want to invest on ico then you need to justify if the ico is real or fake. I prefer you to join in ieo to avoid scam.

[Zentoly 419]

Just now, Akbor said:

Before investing in crypto trading you need to study about the market condition very much. if you want to invest on ico then you need to justify if the ico is real or fake. I prefer you to join in ieo to avoid scam.

Right to say those investors are start more study and more research about the market conditions that how much the market is good for them to return their amount  and yes when the ICO is fake then no need to invest it on that ico.

[Crypto123 0]

9 minutes ago, Bashir said:

The market is highly volatile and most of the chances you will at least be able to limit your loss is if you have enough patience to  wait for some a few days.

Since that should be the case then you need to be very careful, in your planning and analysing your strategies which must be made so that you stay on the trading track.

Now on the price of Bitcoin is usually affecting the price of all currencies that are traded daily in crypto we have to  know that the price of Bitcoin is volatile

Yes, of course, the market is very volatile and there is nothing fixed This is certain and known to all so you have to monitor prices well and very careful and then waiting for the right moment to buy as well as patience and waiting for the right moment to sell.

[akmal1984 103]

On 11/28/2019 at 11:21 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

All sharing is very good from you for me in particular. Honestly, I have been lacking in terms of my crypto trading management. You could say no management at all. Actually I really want to be organized like you but for some reason it is very difficult to do. Maybe you have a suggestion where should I start ??

[sidik7 1217]

the important tips in trading my opinion :

1. you must understand what crypto trading

2. you must have be patient in various situations

3. buy crypto at the lowest price and sell at the highest price

4. must manage the time well

 

[akmal1984 103]

4 hours ago, sidik7 said:

the important tips in trading my opinion :

1. you must understand what crypto trading

2. you must have be patient in various situations

3. buy crypto at the lowest price and sell at the highest price

4. must manage the time well

 

I have a little question for you. Honestly to this day I have difficulty determining the lowest and highest prices. Can you give an example of how to determine it? because this is very important for me and everyone who trades crypto. Besides that everyone also wants this to happen.

[Nurul Huda 944]

On 11/28/2019 at 3:52 PM, Ipal said:

Choosing potential coins is also very important, if you choose the wrong coins, you will lose, for that you must be very careful, planning and strategies must be made so that you stay on the trading track.

Your thoughts make many people be more careful in choosing coins so that we are not wrong in choosing potential coins as to what is important, so we really need to think to make good strategies made so that we remain a good path in trading.

Hopefully what we hope will still be achieved and can make a big profit so that our future is still guaranteed to be good.

[Yanadia 1517]

A good idea for trading in a safe and profitable way.  You are right we must have a balance reserve.  Not greedy Dalmits make decisions.  Its really good just admit one for.short term half for long term .

[Crypto123 0]

28 minutes ago, GutsyHeart said:

One of the convenient ways to enter into the crypto market is to study the market for a fall and use that as a window period to enter the market. Register an account at any crypto trading platform with high security that accepts fiat deposits. Buy and quickly withdraw your funds to your personal blockchain wallet

Yes, there are a lot of things that you must do correctly before you buy a currency to store or invest, but over time and experience these things will become normal and more easy and you do not need all this complication.

[nasipadang 399]

Diversifying investments is a common thing to minimize risk, this is good for cryptocurrency that has high volatility. In trading I focus more on cryptocurrency and rarely see the value of FIAT.
 

[DrHaman 375]

We have no idea regarding ideas whenever you purchase cryptocurrency. however you have to research regarding the crypto marketplace prior to purchase the cryptocurrency or else a person reduction your hard-earned money. many thanks.

[Crypto123 0]

22 minutes ago, ashua1 said:

analyze the red and green columns if you know that you will be in control of your trades as well as what to do when prices go up or down

With respecting your opinion, seeing green and red columns is not always useful, you know that these columns can change dozens of times per day, but the differences are simple and do not give you accurate indications. Yes, it is a bit useful, but you cannot rely on it completely.

[nicolas1234789 2566]

When buying crypto you have to be sure that the coins has volume and try to get the lowest price. Some people do analyze use MA to get and out from market and that's good as evaluation. Never forget about money management it will safe you from stuck and bigger lost.

[Muhammad atif iqbal 569]

It depends Of you which coin you slect for trading if u  udersatnd the market and have some good knowlde about market ups and down then you make a good profit 

[Crypto123 0]

Just now, nicolas1234789 said:

When buying crypto you have to be sure that the coins has volume and try to get the lowest price. Some people do analyze use MA to get and out from market and that's good as evaluation. Never forget about money management it will safe you from stuck and bigger lost.

You mean by (MA)  moving average? yes it helps smooth out price action by filtering out the “noise” from random short-term price fluctuations.
This is also a good way, there are many methods and strategies and a trader can choose what suits him, these are different things from person to person.