Post
Topic
Board Speculation (Altcoins)
Re: How do you decide on a buy price target?
by
peter0425
on 17/05/2023, 04:23:08 UTC
But it's best not to buy an all-in with $10 right away because if the price keeps dropping, you can't buy it anymore. Usually, I'll place a buy order 3 or 5 down the line from the buy order and wait for it to fill. And if the price continues to decrease after that, I will place a buy order on the bottom 5 rows again.


until when this will be given? 10$ might be high to buy now but what if the price grows overnight then the chance of buying will be increase prices also .
If the price grows overnight, it is an advantage for us because we can sell it at a high price and don't have to buy at a low price or hold it for too long.
that is "IF THE PRICE GROWS OVERNIGHT" but what if Not? and have you seen Bitcoin growing like this? well this commonly happening in shitcoin and those who are being manipulated coins  Grin

Quote
And that's just an example that I usually use, but maybe the usage also depends on the situation and conditions that occur in the market. If you can analyze it better, you will know whether to place another buy order at a lower price or simply place a single buy order, as I showed you. It all depends on your experience and expertise in analyzing it.
just buy if you trust the coin , don't bother go deeper when you believe in what you are investing.
sometimes we need Guts and Luck to succeed in investments here  Wink