Tips for New Market Participants: How to Know the Best Time to Buy?

For those who are new to the financial or cryptocurrency market, one of the biggest questions is knowing when is the ideal time to buy. The famous rule of 'buy low and sell high' seems simple but in reality, determining the low and high levels is a challenge, especially for beginners. Sometimes, due to lack of experience, we make mistakes. Imagine this situation: you look at the market, everything is falling (everything is red) and you think this is the right time to buy because "it can't fall anymore". After getting involved, the price continues to fall for many more days, and what is the result? Prejudice. This experience is common and can be frustrating. Here are practical tips to help you better understand the timing of placing orders and avoid common pitfalls.

1. Don't rely solely on colors (red and green) immediately When everything is red, it indicates that the price is decreasing, but it does not necessarily mean that the market has bottomed out. The downward trend may continue longer, and participating too early may lead to further losses. On the other hand, a green (rising) market after consecutive red days may indicate a change in trend. However, you should not enter at the first green light as this could be a "false alarm".
2. Determine the market reversal signal To avoid mistakes, it is important to observe the market behavior more patiently. Here are some advices: Note the consistency of the green color: When the market transitions from red to green, wait a few hours or even a day or two to confirm that the price increase is consistent. Trading volume: Increasing trading volume during an uptrend may indicate strong investor participation, confirming a change in trend. Avoid rushing: Don't try to 'guess' the bottom. Wait for clear signs that the market has found support (a point where the price stops falling and starts rising).
3. Be careful with market manipulation In the financial world, especially in markets like cryptocurrency, whales (investors who control large amounts of money) can manipulate prices. They can create false signals of increase or decrease to attract new investors and then pull the market in the opposite direction. To avoid falling into these traps: Expecting clearer trend confirmation. Combining fundamental analysis (such as color and movement) with simple technical indicators like moving averages or support and resistance levels.
4. Patience is your best friend The best strategy for beginners is not to panic. The market often brings opportunities, so don't worry if you miss this or other opportunities. It is better to get in at the right time and with more confidence than to rush in and end up with losses. Summary: How to act when analyzing the market? Is everything red? Wait. It may go down further. Will it turn green after many days of being submerged in red? Observe longer to confirm the trend. Is the green color durable? Enter the order with more confidence, especially if the confirmed volume is moving. These tips are very basic but effective for beginners. As you gain experience, you can move on to more detailed technical analysis, such as using charts, indicators, and price patterns. And remember: continuous learning is essential. Don't be afraid of making mistakes, but use each experience to improve your strategy. Good luck and happy investing! 🚀