Everyone asked themselves the question of how to buy coins at the right time. I wanted to share my experience on these issues.
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What do you think of this strategy? How do you define a buy zone for yourself?
At first, I also always think what is the right time of buying altcoins? When they are new to release? When the price has dipped? When the price starts rising up? or when is the right time?
I tried to do them all, but I realized that it is more complex than what I think.
In my opinion, the right time to buy is when:
- We are ready to exactly buy altcoins with all risks
- We are buying altcoins not when the price is highly raised, but when the price starts rising up, noted, this is for coins which are listed on top exchanges.
- We buy some altcoins when they are new, but ensure that we buy them before hype with small amount only, and sell once we have certain profits.
- Buy when the price drops at certain rate, do average on these some top coins
- Buy when the coins are exactly valuable both for short and long term investment, not the meme coins or hype coins.