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Topic: Buy low and sell high is very tough - page 29. (Read 2620 times)

full member
Activity: 378
Merit: 100
May 25, 2018, 12:19:39 PM
Yes it is very tough especially for newbies because it is hard to anticipate the price every time and also i do believe that you must need to be a veteran trader first to get buy low sell high but it is not impossoble it is possible through hard work
newbie
Activity: 164
Merit: 0
May 25, 2018, 12:18:10 PM
 its not an easy technique really to per take in as it takes time for chances to buy low to come-by. It also takes lot of patience  to wait for the coins to peak so that you sell at a higher price,, but really that's what cryptocurrency is all about, patience and key decision making or else there will be no making money off it
member
Activity: 574
Merit: 10
May 25, 2018, 12:09:37 PM
Well, of course this is only in theory so easy. In practice, it is much more difficult...Probably the most important rule is not to be greedy Wink
sr. member
Activity: 602
Merit: 250
May 25, 2018, 12:04:21 PM
Of course it is not easy, if easy there will be no success stories of people who hold crypto in a long time.
Those who succeed are those who go through times that are not easy with patience.
newbie
Activity: 78
Merit: 0
May 25, 2018, 07:59:56 AM
yes because it is the best strategy, must be patient waiting for an opportunity, when the market falls in the right time to buy then hold until the market recovered Grin
hero member
Activity: 1078
Merit: 507
May 25, 2018, 07:16:32 AM
It is very easy when the price is low, you have to buy, and when the price is high, you have to sell, nothing complicated.

It is not as easy as it looks, everyone wants to follow this technique of "buy low and sell high" but once you get into trading you will understand that you cannot predict the high and low of a coin. Also, coin will never fall before telling you or anyone. Hence, it becomes very difficult to trade with this rule rather you should fix your goals and sell as if you start following your greed to earn more from a coin you cannot earn profit from a coin.
jr. member
Activity: 420
Merit: 1
May 25, 2018, 07:06:18 AM
There is no business or any money making venture that does not involve risk or that does not have its own challenges. The act of buying and selling is known in crypto to be trading and trading is one of the most lucrative, but also of the the toughest aspects of earning in crypto. Getting yourself involved in buying and selling requires a lot of time, effort, intellect and risks.
member
Activity: 378
Merit: 10
May 25, 2018, 06:56:00 AM
When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

This should be the best formula ever in order to be rich and reach your goal in crypto. But this in not usually happening overtime. This needs a lot of hard work and monitoring of your investments because it is very hard to predict the market value. There are times when all the value is at its lowest and we tend to panic and our stress level increases. This is the way it is, the method is really very tough.  
member
Activity: 322
Merit: 20
May 25, 2018, 06:54:30 AM
Trading is a risky business and you need to keep on top of the market and have many variable into account, so yes it is quite hard, but also quite profitable.
hero member
Activity: 1134
Merit: 517
May 25, 2018, 06:49:43 AM
Although it sounds very simple, it is difficult to execute. Traders and investors must have a certain objective method to determine if prices are high or low. In my opinion, an approach to buying high, sell low, which is more suited for long-term investors is to use the crypto cycle and sentiment surveys by using market timing tools.
That's precisely how it is - never all said and done, otherwise traders would have been the richest people on earth. Nevertheless experienced trader able to deploy certain trading tools, stand better chance of spotting good entry and exit points in the market. Though their true winning strategy is in their power to not follow market noise but instead wait and wait, until a right time to buy or sell turns up.
newbie
Activity: 182
Merit: 0
May 25, 2018, 06:40:10 AM
When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

I think the strategy is only one, that is waiting. Investment is not just buying and selling, but one of the key is waiting.
All those big jumps are those who patiently wait and stay optimistic when the market does not meet expectations.
newbie
Activity: 65
Merit: 0
May 25, 2018, 06:20:22 AM
It is very easy when the price is low, you have to buy, and when the price is high, you have to sell, nothing complicated.
hero member
Activity: 2912
Merit: 556
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May 25, 2018, 06:17:52 AM
I think we need to keep practice so we can sell high but the problem is sometimes we think that we can sell at the high price but the next minutes, the price still increase so it means, we are not selling at the high price. I have this experience yesterday when I sell maid at 5539 satoshi but in the next hours, the price increase more than 6000 satoshi. I realize that the price could go increase more than the price I want but it's not a problem for me because I can take my own profit from maid.
hero member
Activity: 886
Merit: 510
May 25, 2018, 05:36:04 AM
When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?
It's not so hard these days. Many good coins which are not so far from their bottom price (some are even cheaper than their ICO price).

The hardest part of it is to be patient until your investment makes progress. Sometimes it means more than a year of wait, and life has expenses...  Sad Undecided
newbie
Activity: 126
Merit: 0
May 25, 2018, 05:27:43 AM
Yes it is not easy, not only when the market is going for a correction as it is today. Even when the market is growing and we're making a profit, I think that's a major part of the investment arts, whether to sell it immediately, or to stay patient until it gets a much bigger profit.
newbie
Activity: 140
Merit: 0
May 25, 2018, 03:41:10 AM
It is worth buying coins in such market downturns as yesterday. And sell in a few days. The problem is that I do not know when the recession ends and when the coins are at the bottom. How do you know this bottom?
full member
Activity: 700
Merit: 105
APESWAP
May 25, 2018, 03:19:14 AM
It's had to practice. Most times even when we buy low, the gig comes we will get greedy and keep waiting for Lambo and moon and we miss selling and go back to square one. One thing I have learnt is buy when there's despair and sell when there's Euphoria. If the euphoria starts to set it even if is half way in your trade sell then because it fades quickly.
newbie
Activity: 122
Merit: 0
May 25, 2018, 02:21:16 AM
Yes, you are right. This is a very tough issue. I always think that buying low and selling high, too. But, this is quite difficult to fulfill that because of tendency of the market. The market isn't stable for now. You should hold your all savings until the market is on the rails and the prices increase.
newbie
Activity: 116
Merit: 0
May 25, 2018, 01:56:04 AM
Although it sounds very simple, it is difficult to execute. Traders and investors must have a certain objective method to determine if prices are high or low. In my opinion, an approach to buying high, sell low, which is more suited for long-term investors is to use the crypto cycle and sentiment surveys by using market timing tools.
sr. member
Activity: 798
Merit: 251
May 24, 2018, 10:57:07 PM
It may be one of the strategies. I myself also use this strategy to buy the low price coin at the right time and then sell them when the price is higher at the right time too. What makes me sometimes feel sad is the price is very difficult to rise. Therefore, I must be more patient to hold the coins.
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