Cryptocurrency is one of the the riskiest but most lucrative ways to make money online these days. It's very important that you buy and sell at the right time though to make money this way. What's the best time to buy cryptocurrency?
Best Time to Buy Cryptocurrency
- Thread starter Golden9
- Start date
This is not the best time to buy. The best time to buy is when everything is down. Investing now will leave you in losses.
The best time to buy crypto is the bear market.
Besides cheap prices, there are many methods people use to determine the best time to buy crypto. When USD interest rates rise, many people will sell crypto on holidays, but many people buy on weekends (Saturdays). Avoid buying crypto on payday .
There is no guarantee in this crypto thing. You can buy now at a cheap rate and the thing even falls further down. It's a game of luck.
If you're buying, you need to use dollar cost averaging strategy. The reason is because the market may go lower.
You may buy when the price goes low and it will continue to dip further. You need to use dollar cost averaging strategy.
I think that this is one of the best points to buy cryptocurrencies, although I still think that there will be some more falls due to the world economic panorama, there are many hands that are also interested in the market falling a little more, but if you see it as an opportunity to buy cheap then you can be a good time definitely
This may be a very good time to buy cryptocurrency but it may not be the best. I think there may be more downtrends.
It is difficult to determine the best time to buy cryptocurrency as the market is constantly fluctuating
There is no best time to buy cryptocurrency. If you are a daily trader, you can profit from daily fluctuations of the market. That means you are buy and selling on daily basis. If you are a long term investor, you can buy and hold for sometimes when the crypto appreciate.
Yes, I do not really say that it is the best time, but it is a good time to start accumulating, I think, if we are always waiting for the supposed bottom to arrive, we may miss it, since nobody knows what it will be.
