Post
Topic
Board Speculation (Altcoins)
Re: when is the right time to buy cryptocurrency?
by
xmonkeyx
on 11/07/2021, 16:20:45 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?
I agree with point number 5 you said. but at point number 2 I have a little comment where we don't know when the coin will be high in price, where when the coin goes down we buy we don't know for sure whether the coin continues to decline or will return high in price. What is certain is that in every trade there will be risk and the luck factor is also influential in my opinion.