BUY high sell low ? - page 28. | Bitcointalksearch.org

Natalim

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Quote from: Dontme on July 11, 2017, 12:29:04 AM

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.

Dontme

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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.

irwanjabryg

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Quote from: EddyGameta on July 09, 2017, 01:15:41 AM

Quote from: ItchyIrish on June 22, 2017, 11:25:07 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

Most newbie trader did this because of panic selling, they buy coin in pump price (almost of them buy shitcoin) and then they hope will have good price, but then price dumping and they start to dump coin.

Actually every coin have limit high price, and trader must read this condition if wanna get some profit

I think today the situation is bad, very bad. The bittrex checks all bleed. All traders complain, and get stuck. It's time to stop trading and wait for the situation to return to normal. Currently there is no newbie or Expert all facing the same problem.

Rizky Aditya

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Quote from: passionsurf on July 07, 2017, 04:46:34 PM

The biggest problem is trying to figure out what is "high" and what is "low" for any given coin. Bitcoin sure seems "high" right now (compared with a few months ago), but compared with $100k, then $2.5k is quite low.

high and low. There is no science in it, its simple if you buy today low you can sell it high after one week. But if you compare that selling after a month then you sold it low. It depends on the market rate and your decision. But now its high and its getting higher day by day.

snowcrashed

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Quote from: ItchyIrish on June 22, 2017, 11:25:07 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

I think the best way to control that is think about what might happen after you buy. You must think what loss/ profit you can afford and buy/ sell all your coin after you reach that milestone.

abayan

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Quote from: EddyGameta on July 09, 2017, 01:15:41 AM

Quote from: ItchyIrish on June 22, 2017, 11:25:07 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

Most newbie trader did this because of panic selling, they buy coin in pump price (almost of them buy shitcoin) and then they hope will have good price, but then price dumping and they start to dump coin.

Actually every coin have limit high price, and trader must read this condition if wanna get some profit

Absolutely there is a pattern in a range of chart in altcoins if you know how to read it and do a good technical analysis you can get a good profit. But for newbies who always waiting for a hype to buy and buy at the high price the tendency of losing is high because of panic selling when the dump goes on.

ModGirl

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Quote from: passionsurf on July 07, 2017, 04:46:34 PM

The biggest problem is trying to figure out what is "high" and what is "low" for any given coin. Bitcoin sure seems "high" right now (compared with a few months ago), but compared with $100k, then $2.5k is quite low.

All you need is to learn about trade and about the market of different coins after that you will be able to know that which coin is in the high price and which coin is in the low price. After that you will be able to get the profit from your investment in altcoins.

Victorycoin

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Quote from: sweetbet on July 08, 2017, 09:15:34 PM

Some people don't realize that they're buying high until the price significantly drops after purchase. I've made that mistake before, and wish that I had been more patient before jumping in. In any case, the principles still stand... Don't trade with money that you can't afford to lose, always do your best to buy at the absolute lowest price, and never ever ever ever sell at a loss. Patience is a virtue in this business.

That is exactly what a trader gets, when they refuse to engage some market analyzing tools in reaching their trading decision. It is hard enough to make informed market decisions just looking at the charts, but a number of traders, especially those without some roots in forex trade are quick to argue that they don't count in crypto-trading, but unfortunately they do. They may be hard to detect with new coins and that's all because the liquidity of new coins are still in the hands of very few holders, who readily manipulate the market to their own advantage.

umbara ardian

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Indeed many traders can not control emotions. Because before they buy anything they never run the coins. If before buying a coin in the analysis first. The trader will never be emotional.

EddyGameta

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Quote from: ItchyIrish on June 22, 2017, 11:25:07 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

Most newbie trader did this because of panic selling, they buy coin in pump price (almost of them buy shitcoin) and then they hope will have good price, but then price dumping and they start to dump coin.

Actually every coin have limit high price, and trader must read this condition if wanna get some profit

SONG GEET

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Quote from: code92 on July 08, 2017, 01:47:58 PM

When you are in to the trading buisness for a longer time you will know what coin is at its lowest and you will start to buy and earn Cheesy

Actually the one who can read trading charts can easily figure out entry level, apart from some unusual dump price of every crypto swing with time. So patience is key in crypto trading, the one who can hold for months can actually make profit even if he have bought coins at peak price.

irwanjabryg

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Quote from: code92 on July 08, 2017, 01:47:58 PM

When you are in to the trading buisness for a longer time you will know what coin is at its lowest and you will start to buy and earn Cheesy

This is called experience, not everyone has it. It takes a long time to know the movement of a coin, knowing a low price or a high price is difficult to measure. Coins will continue to move we have to keep following it taking a 20% price increase it is enough.

sweetbet

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Some people don't realize that they're buying high until the price significantly drops after purchase. I've made that mistake before, and wish that I had been more patient before jumping in. In any case, the principles still stand... Don't trade with money that you can't afford to lose, always do your best to buy at the absolute lowest price, and never ever ever ever sell at a loss. Patience is a virtue in this business.

Pinyadrian

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Control it by simply controllin yourself. Don't get carried away by your emotions. Think wisely. Money is a serious matter. Buy items at low prices then sell it at higher prices. As Albert Einstein once said, interest is the greatest invention of a man ever. If you're a business-wise, you can live better.

code92

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When you are in to the trading buisness for a longer time you will know what coin is at its lowest and you will start to buy and earn Cheesy

cotton ball

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Quote from: gandame on July 08, 2017, 10:08:50 AM

Quote from: ItchyIrish on June 22, 2017, 11:25:07 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

Traders now they have own strategy but buy high sell low i think thats not good because if they always do that they wasted time and money. Buy low sell high that is the good move on trading. Then keep it and wait for pumping time.

It's better not to get stuck in a single price momentum, if the price touches what we want, then we do not have to direct the action to some extent, the bitcoin movement can move up after it falls, but different things apply to many new altcoins, it needs reasoning from the analysis personal experience in this regard.

gandame

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Quote from: ItchyIrish on June 22, 2017, 11:25:07 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

Traders now they have own strategy but buy high sell low i think thats not good because if they always do that they wasted time and money. Buy low sell high that is the good move on trading. Then keep it and wait for pumping time.

Sniper44

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Quote from: Coramdeo on July 08, 2017, 09:23:17 AM

Well truth be told, that there are people who really buy high and sell low, they FOMO, they buy on rumors without checking and researching.

it is not always fear, it is mostly bad timing. for example there are always many people who are late to every rally so they either have to stay away and miss the further rise or they have to risk it and get in mid way.
and selling after you buy and price drops doesn't have to be a bad thing. that is called a stop loss and is one of the most important parts of trading actually.

Coramdeo

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Well truth be told, that there are people who really buy high and sell low, they FOMO, they buy on rumors without checking and researching.

asonganyi

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Quote from: Mieehayii on June 22, 2017, 11:51:07 PM

can't understand anyone would buy high sell low.

This act sounds not logical but at times it is inevitable. it also depend on trading strategy some trading strategies requires that you sell at a lower price than bought but not that very low this most common with day traders when coins start falling and they see clearly that it will only continue to fall so they go out for that moment and back in at support or at a point they think the downward trend is over. also there is situation where you are in coin and there is really really bad news and every one is dumping may be you got in due to wrong infor or you just did not research well at this point you have to get out with what you have left before you have nothing to go out with...

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