How can I know when to buy or sell crypto.

[Setho]

The crypto-currency market is volatile and that is why you should know very well about support and resistance levels as they are going to help you to make good decisions .

 

[Mohammed Rashid]

Yes, some people buy when the market is pumping and panic sell when it is dumping; in the meantime, they call themselves traders. If you want to benefit in trading, you must be patient and ensure that you are in clear profit before selling.

 

[Sotherefore]

You cannot know except you dedicate your time and learn so many things about cryptocurrency. You need an expert to guide you through as you will not likely be able to achieve it all alone.

 

[James]

Since crypto is 24 hours you have to be active on your trading exchange but all exchange have limit sale/buy option means you can setup your prices and it will automatically execute your order.

 

[Sincerem]

There is no way you can know when to buy and when to sell. you just have to pass through the normal training that is needed for you to become a full professional trader. Though it might take a long time but if you keep learning and practicing you will definitely get there.

 

[Skysaint]

That's basically what makes you a good trader of course. And to be able to decipher this, you will have to get a lot of training from a good and experienced mentor. The bottom line is that you make research before investing.

 

[tyrim88]

The most accurate way to get a lot out of trading is to be able to read the chart patterns. Getting tocknow how to use indicators and oscillators and also respecting fibonacci levels and also factoring support and resistance. This are some of the tools used in analysing trades.

These are really good trading tools to use to monitor the market,but on my own personal basis,i like making use of the candle stick approach to analyse the market,i am more conversant with this method.

 

[Genie01]

This is an important question.
Alot fail to ask this before venturing and they usually end up losing.
You would need to learn technical and fundamental analysis to know the best times to buy.

 

[Ronny_4son]

Lately I've been thinking of why some short term traders make losses while trading Crypto currency. Some of them buy at the wrong time or they sell at the wrong time. This got me thinking, are their strategy or signal one can emplore in knowing the right time to buy and sell crypto?

The best way to ascertain when to transact business in cryptocurrency with coins is to be a skilled student of the cryptocurrency market and the trends that take place here.

 

[Agbalagbaa]

Knowing when to buy or sell a cryptocurrency is a product of learning. And you can be skilled at it if you constantly subject yourself to practice an learning from people successful at it.

 

[Sincerem]

In A very simple explanation , the process will not be easy but you have to follow up some experts to get some of the tips on how to go about it .

if you are doing it fundamentally then you need to follow up some news trend.
Sometimes during weekend the market may drop and you can use that for your own advantage

 

[Sotherefore]

It may require some sort of learning to be able to know how this can be done perfectly without any Risk of losing your money due to market reversal. Technically the current market is due for selling . This can be better opportunity for you to buy long if you are not sure of the market movement.

 

[Smiles20]

The best time to buy a cryptocurrency is when people are fearful to buy and the best time to sell is when people are beginning to become euphoric. This means that you should control your fear and greed.

 

[Skysaint]

There's no sure answer to this but for the record you will have to buy cryptocurrency when it's value is at the minimum amount and also sell when the value come back up as the idea is to make money from the fluctuating market.