BUY high sell low ? - page 26. | Bitcointalksearch.org

fullhdpixel

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Quote from: Limbor on August 07, 2017, 03:03:36 AM

Quote from: hahay on August 07, 2017, 01:29:08 AM

Quote from: gabmen on August 07, 2017, 01:04:27 AM

Quote from: hammo on August 04, 2017, 04:04:55 PM

patience always wins on this market.

Quite right but you also have to be wise in choosing which altcoin to invest or your patience would end up waiting for a dead coin. That's where your research and preparation would come in because for reliable coins, patience would be a big factor in determining if you lose or not.

That's right, because not all altcoins have good potential in the future and that patience very suitable to use for altcoins that have good potential, but if that altcoins do not have good potential we better sell before the price is crash, although we not earn a good profit in that sale.

It is very difficult to guess which alt coin will become the road in the future. I prefer to trade coins quickly. I do not buy alternative coins for long-term storage. For these purposes, I buy only bitcoin, because I trust this coin

You are not fully correct. There is not only bitcoin to start trading. Trading with bitcoin is a lot time consuming and can't be proffered by newbie. Altcoins like ETH,DASH,DOGE,etc are also good to start trading. If the price goes much low and you want to sell at high, you can start to place buy/sell order and wait until it sells.

Rizky Aditya

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Quote from: ItchyIrish on June 22, 2017, 10:25:07 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

Yes, many noobs start their trading by buying high and selling low. Even i firstly started by buying coins when it pumped and then gradually i sold them when they were low. This was the worst mistake i did. Even if the coin is low and you want to sell it at at least the price you purchased then you can just give your buy/sell order and wait until it really makes a trade

kafiddrhman

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Quote from: irwanjabryg on August 07, 2017, 04:10:52 AM

Quote from: Croin on August 07, 2017, 01:57:51 AM

Quote from: irwanjabryg on August 03, 2017, 06:14:48 AM

Quote from: Andre_Goldman on July 30, 2017, 05:05:50 AM

Emotion Management ... Grin

Good picture, I still do not understand the contents.
Does all readers understand the intent of this image? I doubt.
You should insert information to be more easily understood.

If you don't understand that image by youself thanyou really shouldn't trade anything! Its pretty straight forward itz like saying I don't understand a chart...

At least I get experience / new knowledge from this picture. But i did not get any.
I'm not very smart in managing emotions, I just know traders must be patient and do not panic. That's enough for me.
thanks.

I also do not really understand the method of emotional management, but this is very useful for evaluation.
Basically for me just know the basic trading is to buy cheap and hold for a while, then sell it when the price goes up of course this is to gain profit in the trading business.

CAPT.DEADPOOL

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PHORE

yes if you see your coin is now high or you will get a profit you do is sell

irwanjabryg

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Quote from: Croin on August 07, 2017, 01:57:51 AM

Quote from: irwanjabryg on August 03, 2017, 06:14:48 AM

Quote from: Andre_Goldman on July 30, 2017, 05:05:50 AM

Emotion Management ... Grin

Good picture, I still do not understand the contents.
Does all readers understand the intent of this image? I doubt.
You should insert information to be more easily understood.

If you don't understand that image by youself thanyou really shouldn't trade anything! Its pretty straight forward itz like saying I don't understand a chart...

At least I get experience / new knowledge from this picture. But i did not get any.
I'm not very smart in managing emotions, I just know traders must be patient and do not panic. That's enough for me.
thanks.

Limbor

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Quote from: hahay on August 07, 2017, 01:29:08 AM

Quote from: gabmen on August 07, 2017, 01:04:27 AM

Quote from: hammo on August 04, 2017, 04:04:55 PM

patience always wins on this market.

Quite right but you also have to be wise in choosing which altcoin to invest or your patience would end up waiting for a dead coin. That's where your research and preparation would come in because for reliable coins, patience would be a big factor in determining if you lose or not.

That's right, because not all altcoins have good potential in the future and that patience very suitable to use for altcoins that have good potential, but if that altcoins do not have good potential we better sell before the price is crash, although we not earn a good profit in that sale.

It is very difficult to guess which alt coin will become the road in the future. I prefer to trade coins quickly. I do not buy alternative coins for long-term storage. For these purposes, I buy only bitcoin, because I trust this coin

Croin

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Quote from: irwanjabryg on August 03, 2017, 06:14:48 AM

Quote from: Andre_Goldman on July 30, 2017, 05:05:50 AM

Emotion Management ... Grin

Good picture, I still do not understand the contents.
Does all readers understand the intent of this image? I doubt.
You should insert information to be more easily understood.

If you don't understand that image by youself thanyou really shouldn't trade anything! Its pretty straight forward itz like saying I don't understand a chart...

hahay

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Leading Crypto Sports Betting & Casino Platform

Quote from: gabmen on August 07, 2017, 01:04:27 AM

Quote from: hammo on August 04, 2017, 04:04:55 PM

patience always wins on this market.

Quite right but you also have to be wise in choosing which altcoin to invest or your patience would end up waiting for a dead coin. That's where your research and preparation would come in because for reliable coins, patience would be a big factor in determining if you lose or not.

That's right, because not all altcoins have good potential in the future and that patience very suitable to use for altcoins that have good potential, but if that altcoins do not have good potential we better sell before the price is crash, although we not earn a good profit in that sale.

Telluric

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Buy Low Sell High
most fundamental trading principle

the problem with this is everyone has different opinion about the 'low' and the 'high'
this is what i think is separating noob and experienced trader.
while noob too early to buy and too late to sell , with more experience in trading , this entry/exit point deficit will be minimized thus making profit

i also found that technical analysis is less applicable in cryptotrading. i follow 1 simple strategy with moving average and thats bringing me steady profit every trade.

gabmen

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CryptoTalk.Org - Get Paid for every Post!

Quote from: hammo on August 04, 2017, 04:04:55 PM

patience always wins on this market.

Quite right but you also have to be wise in choosing which altcoin to invest or your patience would end up waiting for a dead coin. That's where your research and preparation would come in because for reliable coins, patience would be a big factor in determining if you lose or not.

MMA

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Quote from: JL421 on August 03, 2017, 02:12:58 PM

You can control your emotions it's not so hard i used to be a hardcore gambler and now i have reduced gambling extensively and decided to trade after many recommended me to do so. Everything i bought was in negative i kept controlling and listening to others that bitcoin has increased now altcoins will also increase and that only happened. Just forget you ever bought any coins and check after a month and sell for profit

i think very little people may have the same gurds that you have, but i think majority of the people find it very hard to have control over their emotions, they cannot control their emotions specially when they are playing gambling and making money, actually they want increase their investment in gambling more and more and in fact it make them more selfish and greedy and want play again again because of having no control over their emotions.

hammo

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patience always wins on this market.

Shutup

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Quote from: ItchyIrish on June 22, 2017, 10:25:07 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

This happen because some bitcoiner are panicking.They sell their bitcoin now even in low price because they might scared of bitcoin may die.And some selling their bitcoin even if it is in a low price because they need money and others are scared to robbed their bitcoin because some are robbed by scammer.So they sold their bitcoin now even in a cheap price.

JL421

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You can control your emotions it's not so hard i used to be a hardcore gambler and now i have reduced gambling extensively and decided to trade after many recommended me to do so. Everything i bought was in negative i kept controlling and listening to others that bitcoin has increased now altcoins will also increase and that only happened. Just forget you ever bought any coins and check after a month and sell for profit

Bes19

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I'm planning to start trading soon and one of my friend taught me this strategy buy low sell high. I think that's what most traders do. I don't understand why some people recommend to buy high and wait for the higher price.

CraigWrightBTC

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Quote from: ItchyIrish on June 22, 2017, 10:25:07 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

You are right almost all of the new traders, they buy on high price and sell low, they think the trend of price will be more down but the price goes up again, to control the emotions in trading altcoins or another altcoins, we must have method to prediction of price (usually analisys technical) before open order buy and close on the market if we have got the profit include must do cut lost if we are wrong prediction of price.

xhienigat

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It is actually pretty simple, buy low meaning set them to a buy order at a low price then sell them meaning set also in a sell order for your target price and that's how you do trading.

irwanjabryg

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Quote from: Andre_Goldman on July 30, 2017, 05:05:50 AM

Emotion Management ... Grin

Good picture, I still do not understand the contents.
Does all readers understand the intent of this image? I doubt.
You should insert information to be more easily understood.

Andre_Goldman

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Property1of1OU

Emotion Management ... Grin

MB boss

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Quote from: malami on July 07, 2017, 02:31:38 AM

Quote from: michkima on July 06, 2017, 12:56:57 PM

Quote from: BigBos on July 06, 2017, 11:35:36 AM

Well, I guess buying at high prices and selling at low prices is common to traders. Although disadvantageous, it requires quick action to sell. You should be aware of such a thing if you do not want to lose a lot of money.

Why would people buy high and sell low? That would make you lose money and likely all of your money will be gone in minutes.

Not even sure why people want to go for this topic, I don't think it is good advise nor good strategy.

If you bothered to read the original post its not his advice, its a statement of fact that most noob traders do this. OP's advice is to put orders ahead of time to avoid emotions taking over.

Yes! I also think the same. If you have good control over emotions, you won’t do such blunders of buying high and selling low. Bitcoin trading requires good analysis of crypto market and tries to learn from others mistakes, not from your own. Mostly, inexperienced investors panic when prices dump and commit such mistakes.

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