Topic: Buy low and sell high is very tough - page 36. (Read 2614 times)
Since the market is still not stable, one should learn how to do day trade or swing trade. Trends can go up in days or weeks and a dump or correction can transpire in a matter of minutes or hours, negating the previous long trend. So it's still better to set an entry or exit point, sell on resistance areas, buy on support areas, and learn the basics of technical analysis. Although crypto is not really following technical analysis because of whales, FUDs, and the likes, at least you have your own insurance and you're the one to blame from your decisions and not other people.
This is an ideal situation, because this is exactly what traders are trying to achieve, it seems to me that traders work just like that, but finding this moment is probably the most difficult task today, because now many people are doing what they are trying to find the bottom, but there are not many people out there .
yes I agree with you, because the market conditions are now very volatile, even in just one hour the market price can fall to 10% and within 1 hour also the market can rise 10%, it really makes me confused
I will also think of buying the altcoins at the low price and then hold it until the price is higher. Selling some of the coins in the higher price (more than 30% increasing) is good to buy other altcoins then and invest more. I will also leave some of the remaining to hold and sell them at the higher price again. It is one of my strategies. I don't think if it is though or not.
Price are very difficult to predict especially cryptos however it is preferable to buy at low in bits e.g 30% while dropping further buy again at 30% i.e 30:30:40 this will reduce the effect of draw down of the price, that is why trading is not buy low and selling high there is need for a price analysis and a trading strategy to minimize risk.
Its is easy if there is a market crash or a big dip in price of a certain crypto, but it is hard if the market price is stable since the margin of gains is very small. That is why if you want to trade you should analyze other altcoin with potential dips and price raise if you want to earn from trading.
I also find this very hard. The thing is when the price is low, I am afraid that it will drop more in the future. And when the price is high, I will get a little greedy and hope it can reach a new higher record. I guess I am not that good with trading.
"When discussing Bitcoin, I think it's important to remember that we do not have many records to consider in determining long-term trend movements," Jim Iuorio wrote from the TJM services institute to CNBC
"In short, every 50-day moving average cuts the 200-day moving average line, it means warning ... and when you reinforce it with the fact that Bitcoin has been moving down since the launch, I think this is a big negative sign," he added.
the result of profit in trading my results for 2 savings for savings and savings for traded capital back. example like the end of last year I can some profit from ETH.XRP, XLM where the time of mid last year fitting the price is still low I bought and I hold until the end of november december, then I sell because I believe it's the peak of altcoin or bitcoin price and I know the beginning of 2018 will return the market price normality. so I rekmondasikan re-restock altcoin and bitcoin up to short or long term so remember take profit if you want the pas fitting and if not better wait for large profits at the end of the year
"In short, every 50-day moving average cuts the 200-day moving average line, it means warning ... and when you reinforce it with the fact that Bitcoin has been moving down since the launch, I think this is a big negative sign," he added.
the result of profit in trading my results for 2 savings for savings and savings for traded capital back. example like the end of last year I can some profit from ETH.XRP, XLM where the time of mid last year fitting the price is still low I bought and I hold until the end of november december, then I sell because I believe it's the peak of altcoin or bitcoin price and I know the beginning of 2018 will return the market price normality. so I rekmondasikan re-restock altcoin and bitcoin up to short or long term so remember take profit if you want the pas fitting and if not better wait for large profits at the end of the year
Of course, everyone wants to buy low and sell at a high price, but it is difficult to do so because the price of altcoin is unstable. Save while that is in no hurry while the market is jumping up and down.
Everyone has their own opinions. I do not think it's too hard to do that. There is a trick to do it, one of them is by looking at the Bitcoin graph. It's 90% accurate. Observe the movement of the graph because the changes are very fast. If at this moment the graph rises then sell and on the next hour the chart goes down then buy again. As it goes on and we will get profit.
Yes, the market is very low now. It is easy to lose money at this time. Because the market is always down, I suggest that we have a rest in the last few months, and there will be a chance to rise next month.
It is pretty tough with some coins, but also there are a lot of coins on the market which price movement easy to predict.
Of course it's very tough for newcomers - the hardest pert is to understand what price level is really low and what is considered to be high. But nowadays there are a lot opportunities to become a professional in this issue which of course could take a lot of time.
I think it's just a matter of time, whether we can be patient waiting for that time to arrive.
If we can be patient, surely we can get the cheap buy price and the selling price increases.
As it is today. Buying bitcoin prices are falling, we can invest by buying bitcoin in considerable amounts.
And save it to wait for the selling time with the price rise.
If we can be patient, surely we can get the cheap buy price and the selling price increases.
As it is today. Buying bitcoin prices are falling, we can invest by buying bitcoin in considerable amounts.
And save it to wait for the selling time with the price rise.
It's hard to buy and sell high, because everyone is thinking about the same , and everyone wants to get a profit by selling high,i think the important is longterm investment.
The reason buying low and sellng high is tough is because nobody can determine tge low that guarantee profit or the high when the maximum profit can be taken. The best strategy is to keep buying the low of the low until there is reversal in trend.
This is the best strategy for earning profit. This is not tough to maintain this strategy for long term investors. You just need invest and wait for the suitable time for selling. It is not wise at all to sell it at a lower price being panicked and for this you will have to have proper knowlwdge about the market.
To do this, you really need to be very experienced and cold blooded. There are too many bot operations and it's hard to do it manually.
It's only hard when our target exit price is hard to reach. We need to be extra careful when doing this strategy because we need also to monitor the price movement of our coins before we execute sell. Even if we buy low there is a tendency that our entry buy price will becomes lower in an instant that's why monitoring is a big help. Anyway just have a big patience when doing it.
Its tough and brings good gain. Trading is most profitable thing in crypto, you can make good money on trading, but becareful, dont loose all your funds
the loss of all our capital usually occurs at the time of investing in an ICO project and is changing to a scam.if we spend on the crypto market as we use to buy ethereum is seems we will not be exposed to the risk of losing our capital
Jump to: