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Aereen

When is the best time to buy cryptocurrencies?

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It's a good time to buy cryptocurrencies on the eve of any positive news or events related to the cryptocurrency. Also the pointers to purchase are the formation of some graphical models of technical analysis, the values of indicators.  

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Tomorrow is late or it is the day to buy, do not expect the coins to fall in price, just focus on the amount of digital assets you have and not on the dollars you have invested, prices fluctuate, but if you choose a good currency, they will always remain. Long-term bullish, and take advantage of the currencies are at record lows almost all.

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On 12/9/2019 at 2:05 PM, Aereen said:

Cryptocurrencies are being used and talked about everywhere now a days, but it seems to me that people do not really know about these stuff. What would be the basic things to look at when buying cryptocurrencies?

Obviously you would like to buy crypto when the prices drop so you can get some profit from it. It depends on the coin as well, for example if the coin has a good price prediction, then go ahead and invest on ti, some coins are more risky than others

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To make a good purchase we must first do a fundamental analysis, a technical analysis and have a good trading strategy and thus take advantage of the moments when the market is bearish.

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On 12/9/2019 at 1:05 PM, Aereen said:

Cryptocurrencies are being used and talked about everywhere now a days, but it seems to me that people do not really know about these stuff. What would be the basic things to look at when buying cryptocurrencies?

First, be clear about the purpose of buying cryptocurrencies to develop a management plan for them. Check the trends and advantages of the different cryptocurrencies, analyze the volume in the market as well as the companies that are behind it. Keep in mind that virtual currencies are extremely volatile, so it would not hurt to follow a buying strategy. Finally, check the commission for currency exchange and the commission according to the payment method you use.

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I think any time is good to buy cryptocurrencies, there is always a risk of losing. That is why you should always invest what you are willing to lose.

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I think it is very important to look for a good project and to avoid falling into a scam, the key here is to educate yourself: to be well documented and inform yourself about the project to invest. According to CoinMarketCap there are currently more than 2000 projects currently listed, many of which hardly move a significant volume of capital, not counting their little or no activity.

This is why it is important to know that our capital will be at least recovered

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It is recommended to buy coins that are in base prices on bounces from supports and that the project behind this coin has the potential that allows it to continue rising and then sell when it is at higher prices. The fundamentals are necessary for this.

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The crypto market is a factor that cannot be neglected for a minute, many variants must be evaluated when wanting to buy / sell any cryptocurrency.

 

For example, if you want to generate a certain profit, it is only a matter of buying when the price has dropped and selling when it increases its price exponentially.

 

It is a matter of nurturing yourself and studying the volume of the currency that generates interest.

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In my opinion the best time to buy/invest in crypto is right now. I mean each day is on the count and same as with stocks, the price is going higher and higher. Of course, you have to include the risk management point etc.

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Acually the best time to buy cryptocurrency  is when you have to spend enough money. But also in price chart when price go down called bearish momentum you can buy and hold when price up you can sell.

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First things first try to research some things about coins itself then try to look something you might be interested to but while your also in it try to look to the value itself in the past and the present try to do a comparison and theres the possibility of how much you can make.

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7 hours ago, Leunamen said:

I recommend you two moments to buy, the first one is in the middle of December, since generally the crypts go down by the tendency to sell them in these dates and at the beginning of January, where generally people sell them at a very low price to solve the losses in gifts and others caused in December.

These tips are very relevant when it comes to buying crypto-currencies, being able to know which is the best moment to buy or sell allows you to advance a little in this field, thanks for your contribution.

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When you see price of crypto is falling to cross the psychological  mark at the certain timeframe,  it can be the best time for you to buy cryptocurrency  to trade or hold for a long time.  You just need to be active to see market's situation. 

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I think the best time to go into crypto is after the crisis times when the price drops significantly as a result of panic sales. But you should see the signs of come backs when investing because trying to catch a falling knife is never a good idea. 


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you should set ur own buy targets, looking up charts, announcements and such stuff and u should allways add a stop loss just in case

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The best moment would be for me when the bitcoin is falling. Take advantage and buy for when it is already rising and thus the invested is turned into profit. Given that there are other factors that I do not know.

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Try to always follow the market price trend when you want to enter a buy position, if the price trend is up, buy if the price trend is down, sell. Most people think that the right time to buy is when the price drops sharply, it is not right and very wrong, it's like we are against the flow of the market, we will not profit if that is the case.

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Buy low sell high that's the rules, to decide when to buy or sell you need learn about indicator and practice to know market work. You can't just give people when to buy/ sell with out analyze it will make them bankrupt. Take them to market and learn on the field, not easy but worth to be done.

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I think the best time to buy is when the chart is at the bottom. And the best time of year to buy is before Christmas. During this time period, they withdraw their assets to buy gifts and other things. The price goes down accordingly.

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I think you should study the market to know that it is the right time to buy, you will find a lot of educational videos to study the market ...

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When any good news about some crypto is released or after big dump in price with no reason(super rare btw).

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In my opinion, cryptocurrency is currently greatly undervalued and even in the near future, all known to us bitcoin and etherium will rise significantly in price. So even now is a good time to buy cryptocurrency.

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