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Rachel Welch

23 October 2022 229 Read Crypto

What is the Best Time to Buy Crypto?

The cryptocurrency market is incredibly volatile, and it can be hard to predict when to buy or sell. The rise and fall of the price depends on several factors, including market news, regulations, investor appetite, and timing. Regardless of the factors at play, it is important to be prepared psychologically and financially. There is no right or wrong time to buy crypto, but the best time is generally when the price is low.

Prices for cryptocurrencies fluctuate daily or hourly. This volatility often creates feelings of uncertainty and fear of missing out. The ideal scenario is to buy low and sell high, but that's not always possible, even for the most savvy investors. In these cases, it is a good idea to use dollar-cost averaging to smooth out the market's volatility.