Best time to buy cryptocurrencies:
1. When prices are falling (dropping):
It is preferable to buy when prices are low (after corrections or a big drop).
Avoid buying when prices are rising significantly (so-called "FOMO" or fear of missing out).
2. Use technical analysis:
Study charts and trends to find support and resistance points.
Indicators such as the Relative Strength Index (RSI) or moving averages can help determine the right time to buy.
3. Follow the "Down Cost" (DCA) strategy:
Buy small amounts regularly regardless of the current price, which reduces the impact of market fluctuations.
4. Market seasons (bulls and bears):
In a bear market, prices are usually lower, which is a good time to accumulate.
In a bull market, caution should be exercised because prices may be overvalued.
5. Follow events and news:
Events such as the launch of new updates or the adoption of cryptocurrencies in new areas may affect prices.
Avoid buying right before important news, as prices may be high due to expectations.
6. Risk Management:
Don't invest more than you can afford to lose.
Spread your investments across multiple currencies
