Post
Topic
Board Altcoin Discussion
Re: When is the best time to buy Old Coin?
by
Jackl87
on 11/10/2022, 20:02:10 UTC
This is important especially at this point in the market because we are so low already with the prices of cryptocurrencies however the old saying is if we go down 80 nothing is stopping us from going down another 80 so we want to identify the best times to be buying altcoins for those longer-term swing trades.

I always have a hard time to buy Ethereum for 4000$ for example when i know that lot of people have bought it for below 1000$ a few years ago. That is the reason why for me a bear market, even though i hate that we are in a bear market at the moment because my portfolio worth is almost 0 now, is always a good chance to buy into projects that are already big and established.
I personally have bought Cosmos (Atom) a few weeks ago for around 10$ per coin. I could have gotten it for 6$ also a few months before but then i was to unsure if we would not totally crash because that was when the Terra hack happened. That being said i am still happy with my buy because it is almost impossible to hit the perfect time. If you hodl enough i think you can do nothing wrong if you buy now.