BUY high sell low ? - page 32. | Bitcointalksearch.org

zeze18

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Quote from: The_prodigy on June 26, 2017, 07:35:06 AM

Quote from: abayan on June 26, 2017, 06:28:32 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

The_prodigy

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Quote from: abayan on June 26, 2017, 06:28:32 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.

abayan

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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

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.

Vishnu.Reang

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Quote from: Coffee2015 on June 26, 2017, 03:25:53 AM

Buy low,.... the problem at which low.
Buy high at which high.

Perhaps you should change your post to: "Buy low, sell high". But I agree with what you wrote. We need to decide at which point we should sell them. How much percentage of profit is enough for us? For some 10% or 20% may be enough. Some others may aim for 50% or more. And there will be some who are hoping for 1,000% returns.

My strategy will be something like this:

25% will be sold at 25% profit
25% will be sold at 50% profit
25% will be sold at 100% profit
25% to be held for long term

gabmen

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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

Exactly. Especially of you're new. Don't try to base your decisions on troll boxes as there's a big chance of panic selling at a low price. It's normal that altcoin prices go up and down so almost certainly you can at least sell at break even price. Never ever sell at a lower price than your purchase and hold if you have to.

Coffee2015

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Buy low,.... the problem at which low.
Buy high at which high.

Probably the main key is:
Dont be too greedy.

If you have some margin then it is best to take it.
See for more opportunity when possible

1Referee

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Quote from: Barbut on June 26, 2017, 01:49:42 AM

just my predictions are not so accurate even thou I study market every day, I read a lot about everything.

In most cases when it comes to altcoins, you shouldn't really blame yourself for going wrong when trading them. It's a market that mainly the market movers benefit from, and after that those that guess right (aka gamblers). If you genuinely try to gain profits with altcoin trading, you'll either need to look for repetitive patterns, or simply do less frequent trading. In some cases it pays off in a better manner if you just buy at x price, and sell at y price a month or two later.

Barbut

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Quote from: Soranith on June 25, 2017, 11:56:47 PM

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

This usually happens to newbies who doesn't know what to do in trading and I think this is just normal specially when you don't have someone who can guide you. But you can control it buy research and studying trading.

Why just to newbies? You talk like its easy to know when the price is low and high, well its not. I bought many times and expected price to go up, price went down, many times I sold on some price but I could wait more and make better profit, doing a right trade in a right time is for many of us mission impossible. Its not about control of emotions I have a cool head just my predictions are not so accurate even thou I study market every day, I read a lot about everything. I wonder about what kind of guidance you mean here, its always good when there is someone to tell you what to do, and to give special information's about what will happen next in altcoin world.

Intersan

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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 prepare for buy low high sell, it is the concept of trading. Who do you think will sell without any income unless you have no money and it is emergency.

Buying for low price of bitcoin may possible get an income in the future because of being not stable of bitcoin price. Being a good trader may know more information about bitcoin market especially idea from countries and investor that want to invest. Having an information will decide what will do, if you sell or save then wait for the better price.

Soranith

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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

This usually happens to newbies who doesn't know what to do in trading and I think this is just normal specially when you don't have someone who can guide you. But you can control it buy research and studying trading.

olubams

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This is exactly what happened to me when I first started my journey into trading that I just ended up losing because of making uninformed decision without knowing the right time to either buy or sell because mist exchange will give statistics of increasing coins based on volume and at that point I am entering could be the time to dump which I ended up losing by selling in other to minimize my losses. The bone of contention is having the right information and losses will be minimized.

hurain

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Quote from: Dontme on June 24, 2017, 03:50:31 AM

Buy high sell low is not a good thing and it is not a good business. People must know how to trade and wait patiently and always grab the best opportunity or chance to sell high. People must buy low and sell high, its how trading works.

why should we buy high and sell low. we need to buy low and sell high if we want to make money, no one will like to buy bitcoin at high price because everyone is here to make good profit by trading bitcoin.

richardsNY

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Quote from: Nathland on June 25, 2017, 09:47:09 AM

It is not trading, it is gambling. Everyone who buy altcoins on any trading site thinks he is gonna make loads of profit. They buy coins without analysis of market and loose all their money. Best way to avoid is by staying away from things you don't understand. First try to learn then try to earn.

In terms of altcoins, it's definitely a form of gambling since you are basically depending on the moods of the larger players, and the panic from those that respond to what these large players are doing with the market. People are rushing with everything to such extent, that they find it a waste of time to put any sort of effort in gaining trading knowledge -- they just blindly buy and sell hoping they have made the right decision. It's pathetic.

Nathland

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It is not trading, it is gambling. Everyone who buy altcoins on any trading site thinks he is gonna make loads of profit. They buy coins without analysis of market and loose all their money. Best way to avoid is by staying away from things you don't understand. First try to learn then try to earn.

care2yak

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Quote from: mk4 on June 22, 2017, 12:04:36 PM

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

Indeed. "Buy low, sell high" sounds very simple doesn't it? But I think most traders actually do the opposite. They often buy in when the crypto is on the rise, and sell in on the way down.

How do you control this? Plan your trades. Decide on and set a certain price where you're planning on buying. Don't let your emotions take control of you.

Also, be active on bitcoin news. There are tons of websites that can provide that. Google is your friend. Wink

I agree. Some players usually buy when the crypto is on the rise, and sell when it's on the way down because they're influenced by peers, and of course, as mentioned here, their emotions. It happens to newbies and some relatively new players.

It'll be good to learn more about crypto trends by reading bitcoin and altcoin news, and then checking out the charts to figure out highs and lows for the day and the week, I guess. We won't be experts at it overnight but we learn it and harness skills day by day.

Choose a cryptocoin you're more familiar with, and then start with that. Watch out for trends and pretty soon, you'll be able to spot when to buy and when to sell. Buy low, sell high Wink

kslavik

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Quote from: avatar_kiyoshi on June 23, 2017, 05:40:52 PM

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

That's the problem, I've read pretty much experienced from people(beginners) who trading, mostly they watch the graphic all day, actually some of them know mostly news feed recently and could be already made a technical analysis too, but I don't know why they still watch the graphic all day, feel hesitant? Could be.

Well it feels good to make some technical analysis before investing or buying for day trading purposes. However TA in cryptoworld have like %1 chance to actually work. I think watching the markets closely, like every day gives you a better idea if the coin is being accumulated. If you see small sells to push down the price yet big sell walls gettig bought in seconds, it kinda tells you that a group of people are trying to accumulate as much as they can. I personally first like the idea and start watching its market.

ultrloa

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Quote from: bitcoinmasterlord on June 25, 2017, 07:56:33 AM

Quote from: Blackdeath on June 25, 2017, 03:59:56 AM

Quote from: Dontme on June 24, 2017, 03:50:31 AM

Buy high sell low is not a good thing and it is not a good business. People must know how to trade and wait patiently and always grab the best opportunity or chance to sell high. People must buy low and sell high, its how trading works.

All traders know that thing. That's the basic principle of trading next to chart analysis. People who buy high and sell low are those people whoc deosn't have a patience and don't see the good future on the currency that they are holidng. Thus, patience is must for making a profit in trading.

Yes buy low and sell high is the one line answer for trading. Whoever enters this trading they must know this answer. But still, people are getting lost in trading why because they don't have the patience to wait right time to sell. So whoever doesn't have patience better don't try this trading it will not give you profit anymore.

That would be the basic things would provably do for those traders who wants to earn but the sad truth sometimes that mostly does newbie on this kind of industry are doing some dumb decision when they see that there are little bad movements happening on their bought tokens. And this doings or mindset could lead them to lose on their trades.

bitcoinmasterlord

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Quote from: Blackdeath on June 25, 2017, 03:59:56 AM

Quote from: Dontme on June 24, 2017, 03:50:31 AM

Buy high sell low is not a good thing and it is not a good business. People must know how to trade and wait patiently and always grab the best opportunity or chance to sell high. People must buy low and sell high, its how trading works.

All traders know that thing. That's the basic principle of trading next to chart analysis. People who buy high and sell low are those people whoc deosn't have a patience and don't see the good future on the currency that they are holidng. Thus, patience is must for making a profit in trading.

Yes buy low and sell high is the one line answer for trading. Whoever enters this trading they must know this answer. But still, people are getting lost in trading why because they don't have the patience to wait right time to sell. So whoever doesn't have patience better don't try this trading it will not give you profit anymore.

Blackdeath

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Quote from: Dontme on June 24, 2017, 03:50:31 AM

Buy high sell low is not a good thing and it is not a good business. People must know how to trade and wait patiently and always grab the best opportunity or chance to sell high. People must buy low and sell high, its how trading works.

All traders know that thing. That's the basic principle of trading next to chart analysis. People who buy high and sell low are those people whoc deosn't have a patience and don't see the good future on the currency that they are holidng. Thus, patience is must for making profit in trading.

hase0278

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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

To control the emotion and to not make the worst mistake which is buy at a high price and sell at lowest, then one should research a coin before buying it and not to buy when a coin is already pumped because most of the time it is just manipulated and therefore will result into a loss. If one trust the altcoin he/she bought or bitcoin, then just wait for it to pump again and stop doing the stop loss strategy because it could mean loss when there is pumped again in the near future. A good example of this is lisk. Way back it reached 0.0005 BTC each from 0.001 BTC and others have done the stop loss strategy which is to buy high and sell low, but now it is at 0.00126837 BTC according to coinmarketcap so if they waited they could have had a profit of at least 0.00026837 BTC per lisk they own.

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