BUY high sell low ? - page 31. | Bitcointalksearch.org

matchi2011

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Buy $BGL before it's too late!

Quote from: carlfebz2 on June 28, 2017, 03:07:01 AM

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

When we are still a newbie on trading we do normally commit mistakes which we would eventually experience this thing. Even myself did this thing going back on the past which causes for me to lose money but no one could able to make things right for you but only to your self realization and the learnings from your past mistakes. As you do trades you will gradually increase knowledge later on and the mistakes you did in the past will be surely avoided since you already got have the idea. This is reality and theres nothing to be ashamed of.

If you're new and you haven't had that much experience, seeing an invested coin drop dramatically in a dump definitely will make you panic. That happened to most traders in their younger trading days. In ine day it happened to me that i sold my coins for 25% lower than my entry price as i panicked watching the price crash down and reading the troll box. Later that day i'd find out that the coin eventually recovered and i could have earned 10% by that time. These things happen and you really have to learn from them to improve

icerose

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I think 99% of traders are newbie traders who end up profitting when the prices go up but less so than if they were just bagholders. Its the whales that are consistently making the big money.

You can always say in hindsight I should have put an order here and it was my emotions controlling me etc but even when you follow a strategy very strictly you normally end up doing worse than the general market.

Reid

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Quote from: Cactushrt on June 28, 2017, 03:01:29 AM

Buy high sell low? I think there are the weak hands not controlling their emotions and panic selling. You must have a patience when you want to earn profit

Yes. This happens for those who dont have experience yet.
It did happen to me when I was starting thinking it would never go back up again.
Scared of the fact that it could go down more which could inflict a lot of damage from my investment instead of just a little loss.
True that patience is the key. Waiting for the best time and trying to be strong even if the price goes down.

carlisle1

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Quote from: Cactushrt on June 28, 2017, 03:01:29 AM

Buy high sell low? I think there are the weak hands not controlling their emotions and panic selling. You must have a patience when you want to earn profit

those newbies are acting like this especially when seeing big downfall forgetting that they are inside crypto's and fluctuations is really affecting
the current coin value if ever they can be seriously enough to learn even at first they got panic and loss that experience will teach them how to
understand and assess correctly after.

carlfebz2

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DGbet.fun - Crypto Sportsbook

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

When we are still a newbie on trading we do normally commit mistakes which we would eventually experience this thing. Even myself did this thing going back on the past which causes for me to lose money but no one could able to make things right for you but only to your self realization and the learnings from your past mistakes. As you do trades you will gradually increase knowledge later on and the mistakes you did in the past will be surely avoided since you already got have the idea. This is reality and theres nothing to be ashamed of.

Cactushrt

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Buy high sell low? I think there are the weak hands not controlling their emotions and panic selling. You must have a patience when you want to earn profit

nydiacaskey01

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Quote from: Mieehayii on June 22, 2017, 10:51:07 PM

can't understand anyone would buy high sell low.

There are two reasons that I can think of. They do it out of panic. It s a desperate move to sell low when you buy it high rate. They might be thinking that its hopeless that the price will recover. Trader may have considered selling at low price with a calculated loss over buying a new coin with a higher returns or profits that is enough to cover the previous loss.

Bakemat

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Quote from: ocid on June 27, 2017, 11:41:50 PM

The worst decision if someone is selling low is high it will be very detrimental because it does not control the emotions to trade but on the contrary most people who can control their emotions so they can wait for the market price is rising then they do with high sales so it can get more Many advantages gained.

I agree, sometimes it is better to wait it out and stockpile your investmests first rather than losinng it big. However some situations might call to sell but I'd rather sell some than all of it in a panic. I would sell some of it then wait it out again so that I could gain advantages on my losses.

ocid

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The worst decision if someone is selling low is high it will be very detrimental because it does not control the emotions to trade but on the contrary most people who can control their emotions so they can wait for the market price is rising then they do with high sales so it can get more Many advantages gained.

Bitmedrano040117

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Activity: 462

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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

Indeed, most of the traders are became like that. they've always controlled by their emotions which is not the right thing to do for the traders actually. But buy low and sell high is the golden rules in trading.

stiffbud

hero member

Activity: 980

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During occassional dumps I always can't control my emotion and have to sell my btcs at a lower price and eventually buy at a higher price so Icam one of that noobs. It's just that I can't help but panick that the price may just pop and all the money I have will be gone. Today I am not looking at the price anymore. What I do is I ignore the dump and if the price dumps, I'll just buy again and I never sell.

densuj

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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

Hahahaha... Yea you are right lot of new traders, they don't control their emotions in trading activity, they are fear see the price goes down and they sell low because panic, to control the emotions in trading we must have rules on trading, we must know method to find the trend of price and follow the trend of price, mostly traders use analisys technical to find the trend of price.

PL_Miner

newbie

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I thought we were supposed to buy LOW and sell HIGH? Huh

Anyways, I think we should all try to remember to not use more $ than we can afford to...

FairUser

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If you will follow this strategy to buy high and sell low then you will never make any profits from your investment and the right strategy to make profits is to buy low and sell high and everyone is following the same and making good profits too and to know which is the low or high price you need to do your own research and take action accordingly.

Monnt

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Quote from: Kriptex on June 26, 2017, 05:32:15 PM

That "buy high, sell low" thing is only works in theory. It's not valid in modern markets anymore. You can never predict a high or low for a coin vith this volatility.

You must understand buy high and sell low definitely lead to losses so there is no meaning of whether it will be working theoretically or not. Probably you are mistaken the shorting way of trading which is nothing but selling first and then buying.

Regardless of how volatile a market will be, it would be always a big challenge to predict exact high and low for a day. If we are capable of predicting at least either one, we can make unlimited profits from trading for sure.

coindose

newbie

Activity: 16

Merit: 0

This is why my sister won't get BTC, she's afraid of falling into this "buy high, sell low" which will leave her stressed and frustrated. I've done my fair share of mistakes but I consider them lessons. I do have some shitcoins in my portfolio that keep going down in the last days (what ISN'T going down though, right?) but I try to remember that this is a long game.

I also believe in the shitcoins I have but I see the temptation of selling (low) and get into something with more potential.

It's called the shiny new object syndrome... Undecided

Kriptex

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That "buy high, sell low" thing is only works in theory. It's not valid in modern markets anymore. You can never predict a high or low for a coin vith this volatility.

richardsNY

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Quote from: tigershark on June 26, 2017, 05:10:08 PM

The price will probably dip below $2000 and maybe even down to $1500. It's just too hard to predict, but corrections are normal.

I don't think this correction will be any different from the last one we had. Nearly 2 weeks ago we went down to just over the $2100 level, where after that we made a decent come back to nearly $2800 in just a week. It's of course not a guarantee that it won't go under the $2000 level this time, but I can't see the price dip all the way down to $1500 as that is too low in current circumstances.

tigershark

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Quote from: Coinmyjob on June 26, 2017, 04:14:59 PM

Quote from: zeze18 on June 26, 2017, 08:38:11 AM

Quote from: The_prodigy on June 26, 2017, 06:35:06 AM

Quote from: abayan on June 26, 2017, 05:28:32 AM

This happens in newbies because of impatience newbie traders are agressive trader and they are more in hype coin which invest in the top while the price is pumping i observe this on my newbie friends trying to get ride on so the result will be either a bag holder or selling in low price afraid to lose their investment. Lack of knowledge and control will result all lost.

Put orders and close platform is an effective way and research on the coin that they invested in that way it may help them not to sell when dump happens .Many newbies were lack of knowledge and depending on some people who says buy this coin. HyPE =Loss most of the time.

This could be happen when people are not ready to take the risk. If they arent be aware that bitcoin price is not stable. People always do panic selling because were afraid to lose everything that we have been depending on. So do not panic sell. It may be fluctuates but if its really a good coin it will gain its price again.

Well I've experienced the same thing when bitcoin prices go down, so this causes a panic to immediately sell bitcoin although it certainly has consequences of loss, but because my trading experience is still minimal of course i have a fear if bitcoin prices drop drastically

Why at least it seems to me that today is not the best time to buy Bitcoin. Reality If you have a good start-up capital, you can invest in Bitcoin good money and then get a good income. But since we earn a penny today and buy Bitcoin for what we earned, it seems to me it will be a waste to buy it today.

If you are going to hold for long term, I think iris okay to buy at current prices but you may not be getting the most for your money. I think the price will dip some more.

On the other hand, if you are trading short term, probably wait a while to buy. The price will probably dip below $2000 and maybe even down to $1500. It's just too hard to predict, but corrections are normal.

Coinmyjob

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Quote from: zeze18 on June 26, 2017, 08:38:11 AM

Quote from: The_prodigy on June 26, 2017, 06:35:06 AM

Quote from: abayan on June 26, 2017, 05:28:32 AM

This happens in newbies because of impatience newbie traders are agressive trader and they are more in hype coin which invest in the top while the price is pumping i observe this on my newbie friends trying to get ride on so the result will be either a bag holder or selling in low price afraid to lose their investment. Lack of knowledge and control will result all lost.

Put orders and close platform is an effective way and research on the coin that they invested in that way it may help them not to sell when dump happens .Many newbies were lack of knowledge and depending on some people who says buy this coin. HyPE =Loss most of the time.

This could be happen when people are not ready to take the risk. If they arent be aware that bitcoin price is not stable. People always do panic selling because were afraid to lose everything that we have been depending on. So do not panic sell. It may be fluctuates but if its really a good coin it will gain its price again.

Well I've experienced the same thing when bitcoin prices go down, so this causes a panic to immediately sell bitcoin although it certainly has consequences of loss, but because my trading experience is still minimal of course i have a fear if bitcoin prices drop drastically

Why at least it seems to me that today is not the best time to buy Bitcoin. Reality If you have a good start-up capital, you can invest in Bitcoin good money and then get a good income. But since we earn a penny today and buy Bitcoin for what we earned, it seems to me it will be a waste to buy it today.

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