Buy low and sell high is very tough - page 33.

leezay

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SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN

Quote from: sinduarianto on May 18, 2018, 07:47:46 PM

for my own experience it is very difficult to buy low and sell high because it takes patience and a good moment to gain profits by buying cheap and selling at high prices.

You are right, but most of all needs a balls to take the risk. When market is falling very few people are buying before the prices go up. And when is rising most people wait too much and miss the right time.

mastadonballs

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Quote from: changemabika on May 10, 2018, 05:40:34 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?

Historically, successful experiences have shown that buying and selling are high, but how to determine when to buy and sell cryptos is very tough. My experience with declining exchange rates is that you are tracking down Gainers and Losers on CMC, which will display the most discounted cryptos, as well as the cryptos with the highest exchange rates in the day. Based on that you can choose and invest in the cryptos you want.

Eugenar

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Quote from: changemabika on May 10, 2018, 05:40:34 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?

Indeed tough because you will always have the thought of being worried that the market value will not again recover, which is a hundred percent normal because you are just afraid to lose profit. The best thing to do is to just invest and hold until the market value of the crypto stabilizes. So just be patient and be firm with cryotoinvestments.

sinduarianto

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for my own experience it is very difficult to buy low and sell high because it takes patience and a good moment to gain profits by buying cheap and selling at high prices.

Sman2546

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I believe in buying low and selling but this strategy works for only the patient investor, you might think you bought the bottom this minute and the next minute it tanks more but the patient trader know that it will recover.

pitek jahanam

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Yes, maybe that is indeed difficult to do because crypto is very fluctuating, the change is very fast. The best advice I can give is to buy at any price it's okay, the most important thing is you have to adjust it when you want to sell it. Take the right time when a stable price is at a price much higher than your purchase price for you to sell your coins. Because then it can be ascertained that you have got your capital back and have managed to get a profit.

takenprot

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Personally, I think If you see big demand and low supply, then you think the price will go up. If demand is low and supply is great then just down to the bottom. actually not difficult. Because all that is needed is a sense of greater patience. do not be easily tempted by a momentary increase. Or do not be easily afraid of the drastic price reduction.

JaekRock

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Agreed. If you truly believe in the coin, team, concept, etc, the HODL philosophy is a less stressful way to think about the fluctuations of investment. Props to those who are successful at day trading coins, but I just don't have time for that.

bitcoin2048

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Yeap. I even heard about guys who are using bots, which would just sell at some appointed spot and buy the same when price will go up!

Edsemen

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Quote from: colvis on May 18, 2018, 04:06:41 PM

The main reason every businessman and woman go into business is that they want to make a profit from the initial amount they buy a particular product, the profit may not just come immediately but installmentally it will. I will always advise people to buy coin when the price is low that when the market is regaining itself again they will always be the profit side.

If the coin was having good signs of gaining its value don't sell immediately, there might be a greater potential to further rise and pump in the market. During the dip of the price we should take the chances of buying as those coins so that when time comes you'll be earning that you ever wanted. Don't get affected by the panic of other people, just stay focus on your goals.

jems

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Quote from: changemabika on May 10, 2018, 05:40:34 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?

of course, yes it's not as easy as it says. because buying low and selling high is very difficult and moreover we must really know the right time to make a purchase or sale. so to cope with that it takes a lot of research and information about the market and coin.

orkoso

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You must be kidding! This is like asking someone else to tell you their strategy to become rich and complaining that it is too hard... Huh

Get a good trading book.

traged

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Its tough right now because almost nothing is going up, almost everything keeps falling Sad

It was soooo easy last year

Zyborg

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Quote from: changemabika on May 10, 2018, 05:40:34 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 is 100% true for this purpose you have to stick to market most of the time in a day,when there is dip period fluctuations is high at that time,when you see some coin going down set buy order and hold it when it goes up set sell order.For this purpose you have to be very quick and present minded.This i told you for short term trading.When you bought during dip period and hold it till the price goes up and sell it.Good example when BTC went down to $5900 on 6th Feb-18 those who bought it and hold it and now its price is around $8500 imagine the difference.

Nimbusrf

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Yes, I agree that it is very difficult to find the peaks of the fall and rise in prices

colvis

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The main reason every businessman and woman go into business is that they want to make a profit from the initial amount they buy a particular product, the profit may not just come immediately but installmentally it will. I will always advise people to buy coin when the price is low that when the market is regaining itself again they will always be the profit side.

rodney0404

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Quote from: changemabika on May 10, 2018, 05:40:34 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?

Yes, I agree! I agree that the advice Buy Low and Sell High is really difficult because you don't know what's the value when its high and what's the value if its low. At first, trading is difficult but if you make a lot of practice and gather information from the experts then more profit is waiting. Grin

bamita125

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Because cryptocurrency business are business of wise and strategic people, and those weak and poor ability are comes to losses on this business.

Gelesko

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Quote from: changemabika on May 10, 2018, 05:40:34 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 don't agree with this, as I hear this from people who doesn't know when to buy or sell and try to look smart, as they heard it from someone famous trader! There is million of examples of this saying being wrong, as geopolitical/world situation changes and what called buy low, tomorrow can be: you bought it way too high, or other way round. So in my opinion it's a smart phrase, with no sense!

dmty.0809

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Use some of your money to buy at the price of a and partly at the price b, continue to monitor, and you must be patient, do not panic because the price is getting down.

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