Buy low and sell high is very tough - page 38.

Escf4

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Quote from: Ayaah on May 12, 2018, 05:03:05 PM

Quote from: changemabika on May 10, 2018, 04:40:34 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 am also investing my money in crypto. I am very practical I alway monitor the market value of cryptos. When I see the price deflating. I always hold my coins, instead of selling it.. And I diverting to buy more coins in a very low prices because I know I have gain a better profits when the price value of cryptos increase. That is my strategy in gaining more profits of my investment in cryptos.

That are the good stragegy you have made the price value market monitoring is very important, take a look at this tip, if you like , when the market is low you hold ,when market is high you sell , but you say its tough , do not engage to high profits that you can not even sell your cryptos , just sell your cryptos to the price , that other buyers can also gain, not just you are only the one profitting, if you profit small at least your buy and sell strategy you gain every time even how small it is.

Rammygold

newbie

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Buy low and sell high is not very tough if you can follow simple instructions and calculations invest or buy at the beginning of the year and sell at the end of the year its as simple as that

HoaNguyen

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Usually, high-selling strategies will always be useful and profitable. But to determine when the cryptos rate is low to buy is difficult, with more experience as well as the ability to analyze the market. So I usually watch at Coinmarketcap, at Gainers and Losers, find the cryptos the sharpest decline in exchange rates after 24h to invest in.

Ayaah

newbie

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Quote from: changemabika on May 10, 2018, 04:40:34 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 am also investing my money in crypto. I am very practical I alway monitor the market value of cryptos. When I see the price deflating. I always hold my coins, instead of selling it.. And I diverting to buy more coins in a very low prices because I know I have gain a better profits when the price value of cryptos increase. That is my strategy in gaining more profits of my investment in cryptos.

koincik

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Some people, unfortunately, think they are superior because they have done the right thing a few times at the right time. Unfortunately, that's not the way it is. Unfortunately, we can not always make the right decisions. For this reason, there is a benefit to remain cautious. In particular, we should pay attention to the fact that it is always our first goal to avoid losing money. It's important to make money, but we have to learn not to lose first. You need to think about it well.

AirFlame

hero member

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It's actually not that hard... Just follow the market, follow the news. It's now a good time (if you missed the 6k price) to buy bitcoin ofr example... It's just dipped from 9300 and although it may get as low as 8k but now, as it's around 8200, it's not a bad time to buy, it should bring you some good profits in a few days...

Tstar

legendary

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I don't think that it is so hard to do it if you are not under pressure about the money. If you never try to buy on the very bottom and not trying to sell on the very top is not that hard.

Remat34

newbie

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Involvement in crypto related matters is one that demands lot of patience if one doesn't want to dig his own grave and jump inside even without a coffin. A critical part such as trading is one that requires wisdom and calmness. For instance, there is always the dilemma of which of the coin to go for and buy for long term sake. Then again, one will want to consider the probability of such coin's success; whether it won't turn out a failure as time goes on.
In conclusion therefore, it is advisable to be a man of strong heart with fearless resolutions to make some good decisions as regards trading. Good luck to everyone.

KOF97

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Fast, Smart, Trustworthy

Yes, it's very difficult. People can't always buy altcoins at a reasonable time. And often there is a situation where every time you buy, then you start to lose money. Grin

hhk1045

hero member

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Yes buying very low and selling very high is tough but you should not be greedy. You don't have to buy bottom and sell top. I think you should trade on average.

Zadicar

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Quote from: changemabika on May 10, 2018, 04:40:34 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 just really a basic thing but executing it would really be pain in the ass and you wont even know when you are already on the battlefield of trading.The thing on here is that you wont really easily recognize on which coin you would tend to buy.If you dont have sufficient knowledge on trading then this would really be hard even though the basic idea is too simple but you wont even make sure on how to move because you dont have any knowledge at all but its not really a thing that would block us up to enhance our skills. Just try and try until you would able to figure it out.

pendong101

newbie

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It's kinda tough because you don't really know when it will go low or high. It need a lot of patience and you need to check the market every hour or so

noriksiayol

newbie

Activity: 123

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That mostly are doing to all investors, sell high and buying at a lower price, and it is a normal strategy on investing in order to gain and earn multiple income, that buy at a lower price and selling at a higher price, or selling when the price grows on the coin being invested.

elkafee79

newbie

Activity: 122

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Quote from: changemabika on May 10, 2018, 04:40:34 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. It is very difficult and no one can accurately predict. So the best way is to hold it for a long time, wait for it to reach your desired price, sell it, and then wait for a low price you think to buy again. simple way is dont panic, be patient.

alex_kir

full member

Activity: 490

Merit: 100

The idea is certainly very correct and one should strive for this, but unfortunately I do not need to try to do anything so well. I think that in the case of buying at the bottom, it will be very difficult to do, as well as sell at altitude.

chocopapaya

full member

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I really don't see how buy low and sell high is difficult.

Maybe because you are thinking in extremes?

It's not like you try to wait and buy at the absolute lowest price and then sell at the absolute highest price, it is more about percentage increase and decreases.

If you buy a coin at, say, $1 and you set your profit margin for 100%, then you sell it at $2, very simple.
Then, you buy back when the coin has fallen back in price say, 25%, so you buy when the price is $1.50, then sell when it is $3.00 and on and on.
This strategy helps build up the amount and value of your portfolio.

Most people start out crypto with only a couple hundred to a couple thousand dollars to invest.
No matter how high coins go, you won't make much money with just a couple thousand invested.
So you trade so you can get more of the coins you want.

It's important you do trades based off of math and data, not speculation.

adzino

copper member

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It is hard for you to execute it and not making profit because you are doing it on the wrong time. It is always best to start investing smaller amount as soon as the price starts to dip. Slowly increasing your investment as the price drops further will actually reduce your risk of making loss and maximize your profit.

asjdhjnz86

newbie

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All you need right it's the timing, choose the right time to invest ur coin

duchaitp

member

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Knowing is easy, making it very difficult. Everyone knows that buy low sell high. But it is important to buy low. When you buy in, then the price may continue down. Buying and selling is not easy.

maman09

sr. member

Activity: 560

Merit: 250

the concept of trading is like that, but to do that is quite difficult what else we should be more patient. the important thing is technical analysis to read the graph to which direction is moving. and this is quite a drain on time and experience.

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