Post
Topic
Board Trading Discussion
Re: when do you buy ?
by
zeaderza
on 09/12/2017, 10:38:50 UTC
Those previous forks had really got me buying a lot of coins and that is one of the few situations I buy altcoins. It is just simple, buy it when it is low but it's much better if it is on its extremely low price.
Except there is a situation causing the extremely low price and the market activity is showing a lot of dumps, it is always better to wait very well for the activities to subside before getting in as that would really give one the best shot of getting in at the right time.

It is still always better to be on the watch out for the news as some coins always get dumped due to some negative reasons and you would not want to be a bagholder of a shitcoin, thinking you are getting at the right value.
That is very right. I remember buying into BTS lately on poloniex and then it kept on dropping, only to hit the news to realize that Bittrex was delisting it.

That was like a catastrophic one cause I really learnt my lessons from not making such a mistake of rushing into a buying position because the market was in a dump. However, it is one of those things in trading and those experiences do help for future decisions most times.