Obviously most of noobs and newbies start investing with trade without any experience or any information and after getting lose they make new topics here and crying for there experience. Trading and investing never works with your emotion neither it do what you want. Trading and investing want a lot of time and knowledge. Only a hard worker can achieve that goal and there is no second thought on this.
Topic: BUY high sell low ? - page 11. (Read 22580 times)
Bitcoin is good investment, and if you truly trust and believe in bitcoin you can earn 10x fold. Don't sell it low. Control you emotions with something that can entertain you except gambling because there are possibilities that if you are emotional then you play gambling you can bet your bitcoin and will be loss.
It should be "buy low and sell high".Even a kid can tell us that we will only face loss by buying at a high price and selling at low .People who commit this mistake of panic selling should seriously stop investing in this crypto market.They should understand that instead of going through loss they should be patient enough to hold their coins.Rise and fall is the part of this market .If there is a drop in the price then without any doubt the price will rise also.So, in order to get profits they should wait for the market to recover and should sell their coins only when the current price is more than the price at which they bought their BTC's .
or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
The basic rule when doing trading is Buy Low and Sell High, just keep that in mind. Buy when the price reach its lowest and wait until it reaches the highest price.
However, sometimes it does not go that way because many people cannot hold their emotions when price is getting low which resulted panic. The key is you have to be patient to wait for the price go low to buy and sell when it is high.
Quote
how to control this ? = put orders (buy/sell) and close the platform
Still it won't be much helpful if the noob is not having control over the emotions. I mean thats the first thing they need to checkout for themselves. If I'm not having that control then I'm sure not closing that platform immediately after putting buy/sell order. Thats crazy really how people are not aware of the buy / sell strategy in simplest way.
Also, one can aways stop trading if they can't make it happen with their emotions. I mean whats the point in buying more if someone is lost the money. Better keep the hands off crypto world. The only thing that rule there is big patience and controlled emotions. :-)
I buy high sell low sometimes because of course if i profit like maybe 100% and i can say that getting the average price of the token sometimes can be difficult so i sell for a lower price point.
Buy low and sell high would be correct to all new trader. The key to not repeat this mistake is learn how to control your emotion.
The question isn’t really a question (not making sense actually) so if you don’t plan to buy low and sell high, what did you plan to do then? Buy high and sell low? Lol. This is normal thing in every business or any form of investment, if I may say, you buy low and sell at a high price, and that’s what gives you profit. Buying high and selling low means you’re actually making loss. That’s simple.
Buy low and sell high would be correct to all new trader. The key to not repeat this mistake is learn how to control your emotion.
The question isn’t really a question (not making sense actually) so if you don’t plan to buy low and sell high, what did you plan to do then? Buy high and sell low? Lol. This is normal thing in every business or any form of investment, if I may say, you buy low and sell at a high price, and that’s what gives you profit. Buying high and selling low means you’re actually making loss. That’s simple.
Not only noobs, even experienced traders commit a huge trading mistake. Specially when they trade in a wrong prediction. A few weeks ago, someone sold all his BTC at the rate of 5500usd just to buy the bitcoin cash pump at the rate of 2800usd lols. The secret is avoid so much greed.
or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
buy and hold, until you understand the markets better. Safest bet
To control this you first must have the idea on what you are pursuing on. Have a basic knowledge about trading or if you can find a signal page then that is the best idea for newbies. Finding a good entry and selling at a target price.
We should always learn about that thing which we are going to do, also take experience about it. So for those who lose there money they invest without getting any information and at the end they lose everything.That's why they buy high and sell low.Always remember investing and trading won't work with your emotions
According to me its all about patienc,self control and maturity.
If you aren't mature enough to understand and always act instinctively trading is not advisable/suitable for you.
Probably the only medicine for this according to me is to suffer a significant loss and start using your brains a little more.
If you aren't mature enough to understand and always act instinctively trading is not advisable/suitable for you.
Probably the only medicine for this according to me is to suffer a significant loss and start using your brains a little more.
If you don't mind losing some few dollars, you can continue to buy low sell and sell high. But from what many people have experience, this strategy does not win at the end of the day. At very best you make few percentage profit.
Its always happen and common in our society .They invest they all money thought it can gives you benefits. But they don't hard work
always listen to there emotion and then they lose.
always listen to there emotion and then they lose.
Always what happens with people and it really can't be stopped,, people are scared of taking losses and they're going to try to get out and not lose too much.. Some people don't have the patience and the skill to be a trader is something that is kind of built inside someone, at least that's what I personally think about it and trading. I'll come outright and say it, I'm kinda freaked when it comes to trading and I do the whole buy high and sell low cause I get scared and don't work with losing money too well..
You have to be built a certain way to lose 50% of what you put in and then wait for it to come back up,, these are the real people who maximize their money.
Well i call it crazy people who sell in a low price really didnt gain profit specially when theg biy it on a high price. I think people who buy high then sell low is a fool person maybe he or she can get another way to earn than doing this crazy thing.maybe it will happen to those person who are luck of experience or maybe they are getting panic about the price but that was not really a reason to do wrong .You have to be built a certain way to lose 50% of what you put in and then wait for it to come back up,, these are the real people who maximize their money.
The goal of investing is to sell something at a price that's higher than what the investor paid to buy it. The problem investors face is determining when prices are low enough to indicate a buy and high enough to decide that selling is the best choice.
Exactly. Also, when you are investing, you shouldn't mix your emotions with it. You should be mentally prepared. The moment you decided to trade, you should've prepared yourself for the worse. That there is always a chance that you could lose all your money. Investing is a gamble. A gamble in which you can earn a lot of profit given you know the right strategies and knowledge.
The goal of investing is to sell something at a price that's higher than what the investor paid to buy it. The problem investors face is determining when prices are low enough to indicate a buy and high enough to decide that selling is the best choice.
Exactly. Also, when you are investing, you shouldn't mix your emotions with it. You should be mentally prepared. The moment you decided to trade, you should've prepared yourself for the worse. That there is always a chance that you could lose all your money. Investing is a gamble. A gamble in which you can earn a lot of profit given you know the right strategies and knowledge.
That's everyone were telling but when it was lowest and when it was highest is another thing.
Well, that is the basic idea of trading. Trading should be more strategic than that. Buy low sell high is so simplistic that you nay not get out alive while swimming with whales. You must be strategic, responsive and technical with a little bit of luck.
thats the thing that you is not good if you want to trade, buying high and selling it low is just like you are helping that whales to have many money, if your patience is not good then quit trading, you trade because you wanted to earn many thats why selling it lower than you bought it is not good, you are wasting your money. Jump to: