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When is the best time to buy cryptocurrencies?

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I think cryptocurrencies are being used and talked about everywhere nowadays, but it seems to me that people don’t really know about these things.  What are the basic things to look for when buying a cryptocurrency?

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17 minutes ago, Anamul380 said:

I think cryptocurrencies are being used and talked about everywhere nowadays, but it seems to me that people don’t really know about these things.  What are the basic things to look for when buying a cryptocurrency?

The most basic thing is if they are actually used by anyone. Adoption is the driving factor for the price rise of cryptocurrencies. If noone is using them, or if they fail to produce what they promised then everyone will abandon them.

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It's a good time to invest right now. But we need to follow the market more carefully and we also need to good analyze the coins which we choose for investment. Always stick with top coins people, they will bring the biggest ROI once Bitcoin recovers back to ATH again, coins like Monero and ADA are good place to start, and also buy back some Bitcoin too just in case.

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Just wait for the prices to fall and it will be your right time to buy. You can watch the current price and set a target. Maybe BTC is now $9500 and you wait for it to reach $9000 so that you can buy there.

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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?

Before buying any coin, you should always consider it's volume, liquidity, and votality

Always consider the pair's current market or/and future market.

There are charts that could help you decide when to buy or sell. Stuying them is really worth it!

 

Edited by Strygwyr

 

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Look at its daily trading volume. also keep an eye on the project development. If that project is developing continuously then that project has potential growth and can be a good investment plan.


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I think when it comes to bitcoin in the end of everything , then it becomes easy for people to understand what is happening with the crypto world, but the movement of each coin is dependent, and I think its because of the demand and its merger or its usefulness, it totally depends so very important.

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On 12/10/2019 at 1:05 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?

The right time to buy cryptocurrency is when prices fall, the most basic thing when you want to buy cryptocurrency is, select the best-selling crypto in the market and the most volume, the potential of crypto is very important for your trade, buy bitcoin or ETH for your trade success.

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On 7/21/2020 at 8:41 AM, JohanDonne said:

If you are thinking to hold cryptocurrancy for a long term there is no bad time to buy at any price but still if the market trend is down you can wait until it starts getting recovering and buy at that time.

I would agree with you but then there are people who believed the same thing when the price of bitcoin was 20k now they suffer the wait.

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Buying coins in cryptoworld really requires a lot of investigation but what you need to have first is good knowledge about Cryptocurrency because only by that you will be able to know which are the best coins that will give you profit after your period of holding it trading in cryptocurrency marketplace and make sure you buy when price is low.

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On 7/24/2020 at 7:34 PM, Basicity said:

You must be always aware in the changes specially the falls down of the prices which enables you to buy something in smaller scale of prices.

That's right always check the market to have an idea when to buy coins especially when the price is very low. Don't miss the opportunity to buy the coin in cheap price because soon it will rise and you can earn profits from it. 

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best time to buy bitcoin as well other Crypto currency is when Market crashed completely , let's example see price of bitcoin ( for 5-6 ) month .

bitcoin goes below $4K . now bitcoin agian touch $11K ( nearly ) in market . that's time is really perfect to purchase Bitcoin and other Crypto asset .

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The best time to buy Bitcoin is when the buying queue increases and the price goes down and the analysis breaks down.
 
 

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I think the best time for buying crypto currencies is when the prices of crypto currnecies are dumped down. Because when the price rises you get a higher profit in very short time. . Only buying any cryptocurrency and hold it and earn profit. And that is the key to success in the field of any market especially crypto market

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The best time to buy Crypto currency is when the Crypto coins prices at the market is favourable and affordable for accumulation, then you go ahead and make necessary research on coins to buy in order to make sure you hold a value and profitable coin. And the time to sell is when the prices of the coins has rising to a very good price, when the price has shift in your favor meeting your set target, then you dumb and earn a profit. This is simple chain of profitable trading

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15 hours ago, gbfisher said:

I think the best time for buying crypto currencies is when the prices of crypto currnecies are dumped down. Because when the price rises you get a higher profit in very short time. . Only buying any cryptocurrency and hold it and earn profit. And that is the key to success in the field of any market especially crypto market

Ordinarily the top time to believe a cryptocurrency is in disaster phase as mostly the estimate of crypto or a reduced amount of buying at any price especially in cryptocurrency. 
 

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Buying cryptocurrency doesnt have specific time, but there have the condition which is best to buy cryptocurrency, thats is when you see the coin is in low price maybe in 24 hrs, 7 days or a month.


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From what I see in the charts in the past the cryptocurrencies were valued very low and now even the new ones start with a billion dollar total value and I am not sure if it is good to buy some crypto that are valued this high. I try to find some coins that are not valued very high to invest now. I watch the prices too every day and try for entry points as lately for example link dropped bellow 10 dollars and it was a good buy there.

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Since I'm newbie I could not tell the time may be good to buy bitcon i will be glad if i hear from mates as concern best to buy bitcon

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I think that the best time to buy cryptocurrencies is when a sudden drop ... as many investors apply this, and the price rises again after its drop and may not, but you have to be patient a little. Other than this, there are many trading strategies, but personally I do not use them because it is finally focused on luck, and whatever the expectation is, it will be a "expectation". But currencies as a "technology" guarantee them a good future in their price, and this is a strategy that I believe in. Therefore, I prefer long-term investments in a currency such as ethereum or litecoin.

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As everyone know when the price of the currency down then buy currency for the better profit after some times it goes up so as much as you buy that will be better for you because the markets goes up soon after that you will earn a great profit..

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When bearish because it is the time when all the cryptocurrency drop its price, so you could make a profit by selling it when the bullish (all price rise up) occur. I think this mindset of selling high, buying low is common in traders. If there is any other method let me know. 

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We all know that crypto currency price always fluctuates. So if you buy crypto currency at the right time, then it can be sold at a good price. The best time to buy crypto currency is when the price of crypto falls. Then if you can buy some amount of crypto currency and keep it for a few days, then when its price goes up, you can sell it at a very good price and make a profit.

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