Post
Topic
Board Trading Discussion
Re: How to buy alts at the right time?
by
darewaller
on 20/01/2022, 21:06:36 UTC
I try to follow the news about the listing of promising coins on different exchanges, this is almost a 100% chance that after listing the coin will take off, it has been proven more than once from my own experience. For example, now I have bought coins for a budger and nwc, which will soon have a listing on huge exchange. I am sure that the price of these coins will rise immediately.
In this cryptocurrency market you can’t really tell when the market is at its lowest. So what I really do is to invest whenever I feel that the market is low, but not that it is really at its lowest. And whenever I invest, I’m always ready to hold for as long as possible. Unless I’m going to be doing day-trading and trying to make earnings on a daily basis.

But, if it’s not going to be that, then it is just going to be me holding it for as long as possible for me to earn the profit. Take for example – now that the market has gone down after a bull run, I can decide to invest now and then plan to hold it till another bull run takes place.