I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise
)For me as a trader, I will look for the update of the coin I am going to buy if that coin has active developer and always get update on their platform. I also buy at a very low price if I cannot buy it is okay but I can buy much better. As for now its the middle of hard fork so I need to hold my coins and bitcoins and wait for the updates.
Okay this one looks fairly interesting way of investing the money. I mean if more updates then its the sign that they are getting the developments done and its making the specific coin worth the price of investment. This is also helpful to know how it will affect the rest of the market. For example, if x coin is getting developed faster then people will get attracted to it, and if they were y coin believer then y will loose value in the time due to lack of investors.
This is good entry point to buy coins and I think it will work for the most of the time.