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Author Topic: When is the right timing to buy cryptocurrencies?  (Read 14422 times)

Offline Master107

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When is the right timing to buy cryptocurrencies?
« on: December 02, 2020, 06:58:48 PM »
Knowing the right timing to buy is necessary to earn profit as crypto trader or investor. Proper knowledge, strategy, understanding, and focus can help you to determine the right time. Do not buy at the top, buy in deep.

Warren Buffet once said " the best time to invest was yesterday, second best time is today."

Your opinion is welcome.
This thread intentionally for those who are thinking if this is the right time to buy cryptocurrency. Hope it helps them.

Do you think today is the best time to invest?

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When is the right timing to buy cryptocurrencies?
« on: December 02, 2020, 06:58:48 PM »

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Offline Lenipiw

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Re: When is the right timing to buy cryptocurrencies?
« Reply #1 on: December 02, 2020, 07:05:37 PM »
I have already bought a few coins. Which I bought from a Bounty Hunter. There was no token exchange list when I bought it, now it is an exchange list. So I benefit. However, I am thinking of investing in cryptocurrency anew. However, I am not interested in investing at the moment. I will invest at the beginning of the new year. I am checking and sorting some coins in the market.

Offline I-Bit

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Re: When is the right timing to buy cryptocurrencies?
« Reply #2 on: December 02, 2020, 11:59:51 PM »
I think that the right time to buy crypto is when it is coming to an uptrend. When it starts to go up, we need better to buy crypto. I am risky enough to by crypto when it is in the market correction. Because we don't know whether it is only a market correction or dump period. That is why just be careful when going to buy or sell
« Last Edit: December 03, 2020, 12:01:52 AM by I-Bit »

Offline Hometown

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Re: When is the right timing to buy cryptocurrencies?
« Reply #3 on: December 03, 2020, 01:35:43 AM »
We can't determine the market future development and condition. I think all time worthy to invest because now price of Ethereum $590 ,, after two hours later price would be hitted $610  or more . So investment depends on personal motivation or emotional support.

Online TomPluz

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Re: When is the right timing to buy cryptocurrencies?
« Reply #4 on: December 03, 2020, 04:02:43 AM »
Quote

Do not buy at the top, buy in deep.


Unfortunately, many investors here in the cryptocurrency (well especially the newbies) are finding it so hard to resist the pull of the currents so that when there is a bull run they made their stakes and then they lost money when the volatile market is reversing. One must always be careful as to the timing to enter cryptocurrency...yes entering at dip can mean profits when the coin is to rise up but when the coin will continue to go down because it is just a shitcoin (hence no real value) then things can get problematic.


Offline Noverteno

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Re: When is the right timing to buy cryptocurrencies?
« Reply #5 on: December 03, 2020, 06:01:25 AM »
The basic rule of every market participant in the cryptocurrency is to buy on a decline in prices and sell on a peak.  However, this general rule has many very important nuances and not all of them can be calculated in advance.  In addition to market knowledge and practical experience, in cryptocurrency, of course, intuition is also needed.  In the meantime, we can say that since the cryptocurrency is growing in price cyclically, you should not succumb to the general mood and buy it during a period of prolonged price growth.

Offline Galaxy

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Re: When is the right timing to buy cryptocurrencies?
« Reply #6 on: December 03, 2020, 06:12:51 AM »
Warren Buffett is a famous investor. He constantly trades cryptocurrencies. I think the present is a very good time to invest. In other words, I think it would not be right to delay and leave for the next time to invest. Because if you decide to invest, you must invest quickly.

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Re: When is the right timing to buy cryptocurrencies?
« Reply #6 on: December 03, 2020, 06:12:51 AM »


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Re: When is the right timing to buy cryptocurrencies?
« Reply #7 on: December 03, 2020, 06:57:48 AM »
It's hard to argue with a smart person, so Warren Buffett is right as always. Well, I hold the view that cryptocurrency is an investment of 2 years or more. And with this approach, the entry point is much easier to find.

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Re: When is the right timing to buy cryptocurrencies?
« Reply #8 on: December 03, 2020, 07:13:19 AM »
There are always ups and downs in the cryptocurrency market. In my view, whenever the price falls below the right time to buy. Getting more profit in less investment and analysis of market structure is also a very important part.

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Offline Tanimariya

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Re: When is the right timing to buy cryptocurrencies?
« Reply #9 on: December 03, 2020, 08:10:00 AM »
I think it is best to buy cryptocurrency coins at the present time. Cryptocurrency currencies are now much more successful. However, I am not in favor of buying tokens from ico. Because there is damage or risk. So the investment is profitable but it is better to invest thoughtfully.

Offline Andruha1993

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Re: When is the right timing to buy cryptocurrencies?
« Reply #10 on: December 03, 2020, 08:40:18 AM »
I think now is the right time to buy cryptoassets. Because it seems to me that after the new year there will be a bull market and there many can make their profit.
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Offline Riya143

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Re: When is the right timing to buy cryptocurrencies?
« Reply #11 on: December 03, 2020, 09:39:48 AM »
Trading requires intelligence and courage. If you have a lot of cryptocurrency assets, you should not be afraid to invest. Those who have a lot of cryptocurrency assets, I think they should invest. Profit is possible by investing and trading in cryptocurrency assets.
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Re: When is the right timing to buy cryptocurrencies?
« Reply #12 on: December 03, 2020, 10:21:11 AM »
If you follow a rich person or investor as a guide to invest, then everyone will be known as a cryptocurrency investor. Because now all the rich people in the world invest in cryptocurrency. More different people are advised to invest in cryptocurrency. Warren Buffett is one of them.

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Re: When is the right timing to buy cryptocurrencies?
« Reply #13 on: December 03, 2020, 10:29:22 AM »
At the moment, the entire cryptocurrency market is growing and therefore it is not worth investing in cryptocurrencies now, because at any moment the cryptocurrency market may begin to fall, and therefore it is best to wait for a while when there will be a huge dump of the cryptocurrency market and then it will be possible to invest in cryptocurrencies.
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Re: When is the right timing to buy cryptocurrencies?
« Reply #14 on: December 03, 2020, 03:31:04 PM »
A very good time to buy coins is later after the bull run. Usually after a bull run there will be a heavy market. and that's when many coins experience a drastic drop in price, and that's an opportunity to buy.
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