Topic: BUY high sell low ? - page 27. (Read 22576 times)
Yeah, it is happen in some causes, not traders do this mistake usually. Actually, some ordinary people who have no correct information and they are new in trading, then they do this mistake. Actually it is a frustration when we buy bitcoin or other coins in a high price and wait for the highest price, and continuously look the price down than the fear of loss and frustration wise we sell our coins and think may be we save ourself from a big lose. But in fact we have done mistake.
Buy High, Sell Low is something that traders cant avoid even those who are into trading for quite some time now is not exempted on doing this. There are times when waiting for the price of a coin takes some time and you have to cancel and sell low to swing to another coin with higher possibilities of earning more.
In trading patience is one of the key aspects. If you don't have the patience, and close positions just because things aren't going as you were hoping, you're a greedy gambler.I am an occasional trader myself, and in some cases it may take a while before I end up in a position where I can cash out profits, or enter the market.
But the main thing here is that I stick to my positions at all cost. If I need to wait 1 week, I'll wait 1 week. If I need to wait 2 weeks, I'll wait 2 weeks, and the list goes on. Eventually your patience will pay off.
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You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Sounds simple, but we don't know when we must buy and sell. Just like current situation, almost all altcoin falling and with bitcoin too. Is this the best time to buy on low price? Or it will keep falling? Or it will rise soon? We don't know. That's why there are other people said buy high and sell higherYeah no one knows which is the lowest price to buy and highest price to sell as if we buy today then we may see price going even lower in coming days and that would make us regret on our decision and same goes while selling as on one knows which is the best price to sell bitcoins.
but if we are learning about making analysis then we can guess the lowest price to buy and highest price to sell, at least we have a clue in how much range of the price. after we make analysis, we can place our order buy or order sell and waiting our order is filled. without making analysis, we are risk our bitcoin and this will make us to lose some value.
Buy High, Sell Low is something that traders cant avoid even those who are into trading for quite some time now is not exempted on doing this. There are times when waiting for the price of a coin takes some time and you have to cancel and sell low to swing to another coin with higher possibilities of earning more.
Buy at high prices and sell at low prices they usually panic when dumped occurs, stay calm when there dumped don't afraid see low value because one day will be pumped again.
You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Sounds simple, but we don't know when we must buy and sell. Just like current situation, almost all altcoin falling and with bitcoin too. Is this the best time to buy on low price? Or it will keep falling? Or it will rise soon? We don't know. That's why there are other people said buy high and sell higherYeah no one knows which is the lowest price to buy and highest price to sell as if we buy today then we may see price going even lower in coming days and that would make us regret on our decision and same goes while selling as on one knows which is the best price to sell bitcoins.
Yeah that's right even those experienced traders do make these mistakes especially if it seems that the altcoin you re holding isn't going anywhere anymore. And some altcoins do die out so there will times when you'll be forced to sell lower than your buy point.
You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Sounds simple, but we don't know when we must buy and sell. Just like current situation, almost all altcoin falling and with bitcoin too. Is this the best time to buy on low price? Or it will keep falling? Or it will rise soon? We don't know. That's why there are other people said buy high and sell higherYeah no one knows which is the lowest price to buy and highest price to sell as if we buy today then we may see price going even lower in coming days and that would make us regret on our decision and same goes while selling as on one knows which is the best price to sell bitcoins.
Im noob in trading but sometimes i make good decisions one of my style is buying most pumped coins in 24hrs and wait till I gain profit. I based by buying by relying on coins potential and volume, sometimes its good to invest on very active coins that change every minutes and hours but you need to monitor it every time and always set aside emotions and accept the risk.
You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Sounds simple, but we don't know when we must buy and sell. Just like current situation, almost all altcoin falling and with bitcoin too. Is this the best time to buy on low price? Or it will keep falling? Or it will rise soon? We don't know. That's why there are other people said buy high and sell higherYeah no one knows which is the lowest price to buy and highest price to sell as if we buy today then we may see price going even lower in coming days and that would make us regret on our decision and same goes while selling as on one knows which is the best price to sell bitcoins.
Some of newbies,noob doing this.
because someone told him. and do not analyse what coins is good ,
Yes ,this happens on the hype stage of a coin newbies enter and the market dumps. Lack of knowledge will let this things happens and often losing more than earning. More and more newbies were doing it for those who always ask what coin is good to invest without knowing if it is a good investment or not.because someone told him. and do not analyse what coins is good ,
I agree with you indeed in trading activities be it forex trading or trading coin will require learning and meticulous in observing and analyzing the price in the market, this course can minimize the risk of loss in trading.
Well the most common enemy for newbies that are making this mistake would be anxiety and panic. Of course when these come in, if it's the firsr time you've experienced that situation, you'd sell at a price lower than your entry point thinking of saving a portion of your investments, not realizing that it would be better to wait a bit longer than do that.
Indeed it is basically someone who just stepped against a things about finance will surely have anxiety and panic. Because in it we definitely will have some negative thoughts, but it all if your opponent with an experience of others and then combined with our thinking. SO, not a problem for the more advanced again. because trading requires courage and also a lot of experience in order to master the market. If we are able to master the market certainly has a great chance to win
You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Sounds simple, but we don't know when we must buy and sell. Just like current situation, almost all altcoin falling and with bitcoin too. Is this the best time to buy on low price? Or it will keep falling? Or it will rise soon? We don't know. That's why there are other people said buy high and sell higher 
In the event that you will take after this procedure to purchase high and offer low then you will never make any benefits from your speculation and the correct technique to make benefits is to purchase low and offer high and everybody is following the same and making great benefits as well and to know which is the low or high value you have to do your own particular research and make a move appropriately
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
I am sure no trader will be intentionally doing buying high and selling low. But we can believe almost all the traders will be facing the situation of getting forced to sell low even they have bought at higher prices. 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
In any highly fluctuating markets, people might be facing this kind of problems time to time. Sometimes traders will be choosing the option of waiting for some period and some other times they will decide to book losses at current prices.
You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Yeah i agree with you unfortunately some of our friends i mean the bigginers they got panic some if they saw the price is moving up fast then they buy it and expect to go up in the sky they think that the price will rise unlucky that the price already going when they buy and they got panic again ang sell there coins into a lower price to recover the small capital i think this is the lesson that they need to understand in the time like this you just hold your coins and wait for the price to go up again so you can sell your coins
The control is not found elsewhere my friend. It is found in yourself and every person who is trading. Trading platforms provide mechanisms for you to choose from. In the end, it is you who should be the one controlling everything. Look at what happened in the market right at this very moment. Everything is going down. That is beyond our control. The decision will be left to us whether to sell with a loss or hold for a while until the price recovers.
You don't need to be an economist to understand that simple truth! BUY low SELL high, of course!
Emotion is a big hindrance in trading, if you cannot control it, it will eat your capital because you will not be able
to think properly. When you say buy high and sell low, you need to follow it whatever the circumstances are,
sometimes we easily panic and we believe on FUD, we should be strong and be educated.
Yes I agree with this, emotion is your worst enemy in trading. As a day trader, I follow some rules that I wrote my self and read it from time to time to remind me of my past mistakes in trading. Set a goal and follow your goal when trading, if its time to sell, then sell, sometimes holding it longer will result to loss than profit. to think properly. When you say buy high and sell low, you need to follow it whatever the circumstances are,
sometimes we easily panic and we believe on FUD, we should be strong and be educated.
This simple trading secret that is open free from nature has not been observed by traders nowadays because of greed and lack of strong Emotional control. I think op provided the best advice here and follow it will resolve most of the Emotional issues we are having in trading and we would see ourselves in profit most of the time.
Anyway with this downsing is good time BUY and HOLD.
I think bankruptcy is yours if that's your way on how you trade your coins and tokens. You must control you emotions when it comes in trading. Don't sell when you are in the hard times of money and that was the day that token are in price drops. Wait patiently! Do sell when it is already the time of price growth and make sure that you have double profit once you sell it.
Emotion is a big hindrance in trading, if you cannot control it, it will eat your capital because you will not be able to think properly. When you say buy high and sell low, you need to follow it whatever the circumstances are,
sometimes we easily panic and we believe on FUD, we should be strong and be educated.
I absolutely agree with you. Trading while your emotion is high can lose you everything. Your mind have many thoughts and you can't think right. Better to study and analyze the market before making a move. Lacking of these may tend to buy high and sell low because when panic hits you, you're done.
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