Post
Topic
Board Altcoin Discussion
Re: when is the right time to buy cryptocurrency?
by
fuer44
on 28/01/2021, 06:18:21 UTC
I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
In my opinion, point number 5 is very interesting, because big exchange has a huge effect on token liquidity. do not care about the initial exchange rate, but when listed on the big exchange, the token will experience good progress in terms of liquidity, volume, and value.