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?
Totally agree on No. 5!! This gives more time for a crypto to rise up all you need to do is accumulate and provide volume. Buy in bulks coz things will go sideways once the hype is gone. Huge volumes on new listing provide huge profit. Been doing this entirely on every listing on KuCoin.
Actually projects need a good and a popular exchange in order to have more liquidity in the market, the better the exchange is the better for the project. Binance, KuCoin and Uniswap are the three exchanges that are really popular nowadays for the new projects but investing on IEO/ICO too is a good decision specially when it has been hosted by a good platform