When is the best time to buy cryptocurrencies?

[Shahud 1319]

On 12/9/2019 at 11:43 PM, Agios said:

My opinion, the right time to buy cryptocurrency is when prices fall if possible at the lowest base price, so it is very likely to benefit in a short time, namely when the price of crptocurrency goes up.

yes you are right.the best time to buy the cryptocurrency is when the coins falls to its base price.and notice the volume of that coin..then buy in large quantity  sell to your desired price

[Agios 1763]

12 hours ago, Shahud said:

yes you are right.the best time to buy the cryptocurrency is when the coins falls to its base price.and notice the volume of that coin..then buy in large quantity  sell to your desired price

Yeah right, but you do not wait too long, or want to be able to make a big profit, so the price turns back down. Good luck bro

[mrking049 260]

Mostly people saying that its time to buy much more specially btc,ETH, and xrp these three can gave us very soon 2x from your investment. Or You can buy and hold crypto when cryptocurrencies go up you can sell them.it is very good for you.  Now you can check coinmarketcap and chart.

[Shahud 1319]

13 hours ago, Agios said:

Yeah right, but you do not wait too long, or want to be able to make a big profit, so the price turns back down. Good luck bro

yes..i am not waiting for long..i am just implementing some stategy of holding the coins for not so long term.but for little long.

[Mehedi552 30]

I think cryptocurrency can make quick money and what we can do at the right time can be very beneficial.General Chat Chat Lounge The right time to do that is when the cryptocurrency currency goes up when the dollar rises, we can make a lot of profit.

[kamalnewaz 150]

I think its just up to you,how you investing your time on it,your future plans depend also in this matter,after-all,it totally depend on market price is up also down.       

[vynz 540]

I think there's no specific time to buy cryptocurrencies because as time passes by the price of cryptocurrencies may go up and may go down, it depends on you when will you buy cryptocurrency, just make it sure to buy when the price is low. But in a theory it says that the demand for bitcoin slows down during the weekends, pushing its price to be lower on Mondays. On the contrary, the bitcoin price is assumed to be high on Fridays and Saturdays.

[Ankit Nepal 719]

On 12/9/2019 at 11:50 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?

When the price of crypto coins fall down that is the best time to buy them. When the price of bitcoins goes up selling it is the best way to earn profit. Most of the people use this technique to earn.

[Bitcoinjunky 33]

The best time of buying cryptocurrency is when the price of that you want to buy is goes low, and make sure you will sell it when you see goes up so you get much profit.

[Naylor89 1223]

The best time to buy will always be the time that we all missed, I think that people never know when there will be a really good time to buy, but maybe the best time to buy Altcoin is this month.
 

[Aereen 456]

 

9 hours ago, TATAANIMATOR said:

Btc base on fiat and Oil . The best exemple was last week and connected with Iran . Afyer mayor`s deat Btc Price goes up..

Perhaps, I have not made proper research about what factors are affecting the cryptocurrency prices, but as far as I used to remember, there are no proper claims that cryptocurrency is anywhere affiliated with anything. 

[DidaNahrisya 165]

Im usually buy crypto currency with base on technical analysist, I'll buy when the macd break above zero line and the signal line crossed

[Upright 2688]

People forget that, the best time to buy on invest in bitcoin, is to buy when the price is low than to buy when the price is already mooning.

Since at a price where bitcoin low, you could have interest by holding when price rise

[pakjobhelp 1585]

The price of bitcoins and other crypto currency goes up and best time for crypto currency user that the purchase more crypto currency for long term benefit and other crypto currency best time for earning and investing. The crypto currency price goes up.

[Gusion 321]

I hope you didn't missed the opportunity to buy it since for the past months, crypto has been acting bearish. With that, cryptos are at low price which is a good time to buy them. Don't worry because it will recover and gain profit.

[patitaycute 648]

14 hours ago, Amfa said:

It's best to buy and hold when market isn't doing well enough and sale when the demand is high as well as price to make better profit. 

If the market isn't doing well then probably it has an effect of the value of crypto that it may fall substantialy and it is a chance to buy some crypto and hold for the value to fluctuate before selling it.

[Aereen 456]

On 1/7/2020 at 12:25 PM, TATAANIMATOR said:

Ok , I agree with that.  Btc is decentralized but how do you explain that Btc rise up same Oli?

Secondly Btc'c ATL is lowest between December-Fabruary and the biggest ATH is from May to July same as FIAT?

According to research through the internet, the reason for the fluctuating price of the cryptocurrencies are cause by  its demand and supply, this could mean that it is only coincidental that it goes with the rise or downfall of fiat or oil. 

[Muphin 459]

On 12/10/2019 at 2:05 AM, 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?

Of course that is the time when a cryptocurrency drops value in the market, you would buy it if you think that you could afford it, because it would be cheap. Then you plan on selling it when its value in the market is going up.

[Aereen 456]

14 hours ago, Reffery said:

You can buy Btc at any time, it is always profitable. You should see a big picture of BTC. Do not think that the short term has a long term vision. If you buy BTC now and keep it for the next 3-5 years. By that time, you will definitely get a good profit, because we never know whether btc will fall or not, or will continue to grow, so you can buy Btc anytime. But before you buy, do your research as well.
 

I do not think that by 3-5 years time, you can guarantee a good profit from holding bitcoin, its prices are very uncertain and volatile, knowing that it is decentralized makes it even harder to know when it will vanish in the market. I asked for the best time, clearly it is not anytime.

[Aereen 456]

On 1/11/2020 at 5:29 PM, Cizolf said:

Investing in crypto currencies certainly has its risks. If you are an experienced trader then you may be able to predict a profitable crypto at its birth and purchase in bulk to profit from it but if you are an immature trader then it is better to invest in leading crypto coins when their price falls and sell them when it rises again.

I personally think even if you are an experienced trader you can still acquire loss, although your loss would not cost as much comparing to beginners or immature traders as you call them, but knowing how volatile these cryptocurrencies can be, prediction may not be reliable all the time. 

[Aereen 456]

I can be helpful if people include what are the other factors according to their own insights would determine a cryptocurrency's price and if current happenings could affect its market value.

[Epic 289]

The best time to buy crypto is when you have money to spare. It would be unwise to be a prospector if what you will spend is your milk money. Crypto is a waiting game since the prices are volatile you should be able to bear a loss in order to gain. Frankly id say if you can hold a coin for a year you should be able to earn a lot judging from the market trend this past couple of years.

[Sapdrx 469]

In most cases the best time can only be seen afterward. So the best strategy would be to spread your investments over time so for instance every week 25,- is better than a big amount at once. The average price maybe a bit higher but the risk of buying at the top is limited.

[Muhammad atif iqbal 569]

On 12/9/2019 at 11:32 PM, palalu said:

we will never know when the right time to buy a coin if we do not learn about fundamentals and technical

Yes you are right we cannot earn good profit in cryptocurrency if we cannot learn the basic of fundamentals and not do a good analysis of market the analysis of market is very important in crypto trading according to my experience the market is very down right now if you  want to trade than this is the right time to enter in market ripple coin  ethereum and litecoin price is very down at the moment it is good time to buy these coins i think if we buy and hold for few months then we will earn good profit what do you think mate share your experience

[Brushless4500KV 4214]

On 12/9/2019 at 9:35 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?

If you plan to buy any cryptocurrency, the first thing you should do is to analyze its price history and find the lowest and highest prices it has ever experienced during the past few years. By doing this, you can obtain an average price of the coin which helps you to decide when is the proper time to buy or sell that coin. The obvious mistake some people commit is to buy any coin without knowing whether the purchase price is high or low. If you buy high, it is very difficult to sell higher and you will have problem just getting your money back without profit!