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Topic: BUY high sell low ? - page 25. (Read 22576 times)

full member
Activity: 770
Merit: 126
August 09, 2017, 05:57:59 AM
Well, from my forex trading experience when you buy high and sell low it means you sold at lost. It is better to buy low and sell high to enable you make profit from your investment. Although people who buy high and sell low did that as a result of panic and lack of good knowledge of trading currency or crypto currency is all about.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
August 09, 2017, 04:05:00 AM
This event often happens to the traders who use the funds from the loan as trading capital. Because they have an uneasy feeling when trading.
And that's where buy high sell low often happens.
It is recommended to use private funds for trading so we do not rush to sell
legendary
Activity: 938
Merit: 1002
August 09, 2017, 03:01:55 AM
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

To control emotion need hard work and patience, not easy to do that. Practice with little money on the real market is the best choice you have, repeatedly until you can control emotion. The second way to control emotion is disciplined with your strategy when buy, sell or hold never look back again and just do it. But if you only get lose every trading you do, please close your pc and say good bye. Good luck.
It does really need hardwork and patience and also experience for you to be successful on trading world and emotions would really be a great factor that would really affect you along the way and it cant really be avoided specially when we do see we lose our money. Buy low and sell high is just really a basic thing on trading but it would really be crucial to make any decision anytime.
Obviously it is impossible to get rid of emotions during trading.
All traders are at the end just human beings and do have emotions. These emotions come in action when the person is especially in stress. It is really hard to manage stress. I will suggest practicing yoga for strong control over emotions.
sr. member
Activity: 454
Merit: 251
August 08, 2017, 06:57:04 PM
patience always wins on this market.
Yes. If you ever want to excel on one thing. Just bare in your minds that we need to stay patient no matter what happens. I may sometimes a bit tiring if we wait for a coin to pump for so long. But i believe it is worth waiting for.

This is basically the case with all markets. Smart money (deep pockets) can always wait out the markets. That's their major advantage over us small fish. The big players can slowly accumulate a coin or a stock for 2-3 years, while the small traders are all worried the bottom is going to fall out. Then the pump comes.

Patience always pays. This is why if you are trading for a living, you need to have at least 2 years worth of living expenses tucked away. You need to be able to wait out the market, and let your positions play out.
hero member
Activity: 1372
Merit: 564
August 08, 2017, 06:43:34 PM
patience always wins on this market.
Yes. If you ever want to excel on one thing. Just bare in your minds that we need to stay patient no matter what happens. I may sometimes a bit tiring if we wait for a coin to pump for so long. But i believe it is worth waiting for.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
August 08, 2017, 08:03:04 AM
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

To control emotion need hard work and patience, not easy to do that. Practice with little money on the real market is the best choice you have, repeatedly until you can control emotion. The second way to control emotion is disciplined with your strategy when buy, sell or hold never look back again and just do it. But if you only get lose every trading you do, please close your pc and say good bye. Good luck.
It does really need hardwork and patience and also experience for you to be successful on trading world and emotions would really be a great factor that would really affect you along the way and it cant really be avoided specially when we do see we lose our money. Buy low and sell high is just really a basic thing on trading but it would really be crucial to make any decision anytime.
sr. member
Activity: 826
Merit: 252
August 08, 2017, 07:18:31 AM
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

To control emotion need hard work and patience, not easy to do that. Practice with little money on the real market is the best choice you have, repeatedly until you can control emotion. The second way to control emotion is disciplined with your strategy when buy, sell or hold never look back again and just do it. But if you only get lose every trading you do, please close your pc and say good bye. Good luck.
sr. member
Activity: 1148
Merit: 300
August 08, 2017, 05:51:02 AM
Buy high sell low is the common mistake that has always been done by the newbies in the world of cryptocurrency because they get victimized by the hype of whales because we all know that the whales has the power to control the market because of the huge money that they can use to control the supply and because of that they can create fake movements in the market that can trigger the emotion of the newbies and ending up in buying high and selling low.
i agree but i think it is not common if we are speaking about mistake .because everyone os not that fool to buy high and sell low? That was really funny only fool well do that kind of mistakes.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 08, 2017, 04:21:29 AM
Buy high sell low is the common mistake that has always been done by the newbies in the world of cryptocurrency because they get victimized by the hype of whales because we all know that the whales has the power to control the market because of the huge money that they can use to control the supply and because of that they can create fake movements in the market that can trigger the emotion of the newbies and ending up in buying high and selling low.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
August 07, 2017, 11:42:29 PM
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
Buy low ad sell high is the basic trading rule.

Another rule is given by warren buffet,,"Buy when every body is selling in panic and sell when every body is buying due to FOMO"

If you don't do any analysis and just buy due to FOMO,then you have no other option except to follow the rule "Buy high and sell low"

Ya it's true so.Many use this rule to happen so.Use to buy with low cost and sell it to very high cost.Don't try to Buy at today price. Since today price of is Bitcoin is high .No one can judge the Price of bitcoin. One thing can be judged .At particular day like August 1 ,the variations towards the Money.

Yes.Trading rule is selling at high price and brought at low prices. You have to get through the price of bitcoin day to day. Once the price fluctuates to low value means brought the huge bitcoin at that time.It's sure the rate will increases again ,sell your holding at that time.
Depending the supply and demand on market, example if you understand the supply on market more than demand, you can sell your coin and waiting the price falldown, because in this time not have trader can't continue buying. So falldown is possible and reasonable, not have control price on market.
hero member
Activity: 896
Merit: 521
August 07, 2017, 11:09:01 PM
I think this happens in altcoin trading when the price is pumping and more people are getting in because of the sudden increase in price. Then the buying power is getting slower and in the blink of an eye there is a massive sell causing the price to decrease suddenly. Some traders panic selling low to stop their loss and then after a time price will increase again but they already sold it.
Pumping is done only for traping new traders who doesn't have much exposure to the market. In starting almost everyone falls for that. Understanding in trading comes with experience.

Doing a profitable cryptocurrency trading isn't easy. Cryptocurrency market is highly volatile, unregulated and decentralised which makes it tough to predict. Unlike stocks they aren't backed by the profits of a company. Anyone sells and buys at any price. Most of the people make loss in crypto trading according to my experience.
sr. member
Activity: 462
Merit: 250
August 07, 2017, 10:51:05 PM
I think this happens in altcoin trading when the price is pumping and more people are getting in because of the sudden increase in price. Then the buying power is getting slower and in the blink of an eye there is a massive sell causing the price to decrease suddenly. Some traders panic selling low to stop their loss and then after a time price will increase again but they already sold it.
It also happens in bitcoins , and the traders who have lack of knowledge and control in emotion who mostly follow this uptrend and when it drop panic selling creates until losing ones funds .
newbie
Activity: 12
Merit: 0
August 07, 2017, 10:12:52 PM
To me, I would say why we call some people trader is because they do have their professional knowledge onto the market and they do realize how should they do the research towards the market.
For people who just spot the price increase and would like to benefit from this trend is simply play by luck.
TO avoid buy high sell low, the most important point is you need to figure our a way to analyse the market and to predict the price change, it may not be correct, but i will anyway better than just buy or sell by your own feeling or listen to others simply.

And it does not only about crypto, the same theory applies on all the other traditional trading or even the success on every industry.
sr. member
Activity: 616
Merit: 252
August 07, 2017, 07:36:06 PM
I think this happens in altcoin trading when the price is pumping and more people are getting in because of the sudden increase in price. Then the buying power is getting slower and in the blink of an eye there is a massive sell causing the price to decrease suddenly. Some traders panic selling low to stop their loss and then after a time price will increase again but they already sold it.
sr. member
Activity: 322
Merit: 250
August 07, 2017, 03:45:46 PM
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
Buy low ad sell high is the basic trading rule.

Another rule is given by warren buffet,,"Buy when every body is selling in panic and sell when every body is buying due to FOMO"

If you don't do any analysis and just buy due to FOMO,then you have no other option except to follow the rule "Buy high and sell low"

Ya it's true so.Many use this rule to happen so.Use to buy with low cost and sell it to very high cost.Don't try to Buy at today price. Since today price of is Bitcoin is high .No one can judge the Price of bitcoin. One thing can be judged .At particular day like August 1 ,the variations towards the Money.

Yes.Trading rule is selling at high price and brought at low prices. You have to get through the price of bitcoin day to day. Once the price fluctuates to low value means brought the huge bitcoin at that time.It's sure the rate will increases again ,sell your holding at that time.
hero member
Activity: 1190
Merit: 541
August 07, 2017, 03:42:15 PM
Someone who tries to sell at a price higher than the previous purchase price will certainly be a loss because nobody wants to buy your Bitcoin well above the market price unless the buyer really needs it.
Things like that can be very detrimental in the trading system, maybe only people who can not control their emotions so they can not read the market price movements.
The scenarios you are explaining is happening most commonly but I need to share my view here which is completely different from those your scenarios; when considering the huge prices of  bitcoins in coming months, I guess selling at higher prices than the bought prices must be considered as a loss but that loss yet to happen in near future !
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
August 07, 2017, 02:40:26 PM
Someone who tries to sell at a price higher than the previous purchase price will certainly be a loss because nobody wants to buy your Bitcoin well above the market price unless the buyer really needs it.
Things like that can be very detrimental in the trading system, maybe only people who can not control their emotions so they can not read the market price movements.

what are you talking about? How is selling at a price higher than the bought price will be a loss? on the contrary, if you did that you'll certainly gain profits because that is what

traders do. to be clear, of course you won't sell it immediately, you know about the fluctuations of cryptocoins right? what you'll do is to set a selling price and wait for it to come

after that you can now sell. controlling emotions if for minimizing risks and coming up strategies with a clear mind. if you want to read the market, you need knowledge and

experience
sr. member
Activity: 588
Merit: 256
August 07, 2017, 01:11:14 PM
Someone who tries to sell at a price higher than the previous purchase price will certainly be a loss because nobody wants to buy your Bitcoin well above the market price unless the buyer really needs it.
Things like that can be very detrimental in the trading system, maybe only people who can not control their emotions so they can not read the market price movements.
hero member
Activity: 1008
Merit: 537
August 07, 2017, 12:55:48 PM
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
Buy low ad sell high is the basic trading rule.

Another rule is given by warren buffet,,"Buy when every body is selling in panic and sell when every body is buying due to FOMO"

If you don't do any analysis and just buy due to FOMO,then you have no other option except to follow the rule "Buy high and sell low"

Ya it's true so.Many use this rule to happen so.Use to buy with low cost and sell it to very high cost.Don't try to Buy at today price. Since today price of is Bitcoin is high .No one can judge the Price of bitcoin. One thing can be judged .At particular day like August 1 ,the variations towards the Money.
hero member
Activity: 714
Merit: 500
August 07, 2017, 09:54:28 AM
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
Buy low ad sell high is the basic trading rule.

Another rule is given by warren buffet,,"Buy when every body is selling in panic and sell when every body is buying due to FOMO"

If you don't do any analysis and just buy due to FOMO,then you have no other option except to follow the rule "Buy high and sell low"
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