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Topic: Buy low sell high? (Read 5017 times)

sr. member
Activity: 1344
Merit: 311
SecureShift.io | Crypto-Exchange
November 09, 2018, 02:14:04 AM
Basic philosophy will not work in real time because after buying suddenly the price will drop. Sometimes it is impossible to calculate the accurate measures when the prices will increase and when they will decrease. After purchases, people who will hold sometime will make more profit on it.
this is what is called good trade, because in getting a big profit that way. buy at a low price and sell when the price is high with that you can get the desired profit
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
November 09, 2018, 02:24:08 AM
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!

Buy high and sell it low again is the most effective strategy of this bearish market because the prices keeps on fluctuating. This is good specially if you know how to ride on with the market movement with a perfect timing. All cryptos and exchanges are applicable for this way of earning then you may choose XRP, ETH and BCH as they are the most center of attractions in the market now.
full member
Activity: 659
Merit: 101
November 09, 2018, 01:57:05 AM
Buy low, sell high is an old but still effective strategy in trading whether it is stock, forex or cryptocurrency. Although it is very simple, it is difficult to execute. It is easy to say whether a certain price is low or high in retrospect, but in the moment it is monumentally difficult. Prices affect the minds and emotions of market participants. This kind of strategy take time to master and you study it carefully and patiently.
Buy low and sell high is a not a new technique and this is nice in the sense that it maximizes the profit margin that could be earned by doing the business. The lower you pay for purchase and the higher you sell, the more you earn. That is it is a good way to maximize the outputs.

Buying in bulk also lowers the cost of investment and hence is preferred when the cost of investment is high. This is possible in crypto right now as the market values of many potential coins are lower than what they had been before.
This is a golden rule working out and being implemented since ages. Even if you go some thousand years ago, I am sure the business icons and traders would had gotten profit from this rule. When you don’t buy things in low price and don’t see them at higher than that buying price, there would be no business for you. Hence, you are a trader and you need to work on it.
member
Activity: 390
Merit: 11
November 01, 2018, 04:43:09 AM
buying cheap prices and selling when it's high, that's the basis of trading, but in reality it won't be that easy because the low price can be a high price if market prices continue to fall, and vice versa determination of high prices can be low when market prices continue go up. need to experience and understand market trends so you can see the limits of low prices and high prices
member
Activity: 196
Merit: 10
November 01, 2018, 04:30:05 AM
I think we all try to buy when somthing is "cheap", and sell with a higher price, and use mostly Bitcoin, as the exchange pair. I personally haven't used Coinbase yet, bought Bitcoin through smaller sites, and used all kindof exchanges, depending on what coin / token I want to buy, and where it exist.
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
November 01, 2018, 03:19:59 AM
Basic philosophy will not work in real time because after buying suddenly the price will drop. Sometimes it is impossible to calculate the accurate measures when the prices will increase and when they will decrease. After purchases, people who will hold sometime will make more profit on it.
hero member
Activity: 840
Merit: 516
November 01, 2018, 03:02:14 AM
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!
You should consider that in some point doing this is a kind you need to take a risk. There is always gambling but then when you are lucky enough you will win. When you already lose surely you will sell it in low price.
That is a very common thing in the auction markets as well where to minimize the average cost of commodities, people buy things in bulk which pays a lot after selling them. Same is the case here but in a different scenario which is due to the down market that the costs are down.

So of course it is a chance to make money which is worth utilizing. Moreover, the most desirable strategy should be to hold until you are able to make profit. Now is the best time to make this happen.
jr. member
Activity: 475
Merit: 1
October 27, 2018, 09:54:23 AM
In altcoins i always buy low but if i look at it tomorrow the price will go to low again and again until the price will drops and can't reach the last buy i get.
newbie
Activity: 32
Merit: 0
October 27, 2018, 06:36:58 AM
Buying low to sell high is the basic strategy for traders to make profits. So it really does not matter which exchange you are using the standard remains true. So what i am saying now is that the market is low and every coin is good to buy because they are yet to hit their high. We are expecting  the last quarter of the year rally so buying now makes serious marketing sense. If you buy now and when the market reversed you can sell off and have a massive profit. All the exchange are all doing well as far as security is concerned so there is no fear of  any one losing money to hackers this days.
Yes that is right that it is the basic strategy of trading but I think that it is too much important to know about the lower and higher level of the coin, you need to be a quick decision taker and only then you can get profit from the market.
full member
Activity: 616
Merit: 118
October 24, 2018, 04:12:32 AM
You are lucky when you buy at low prices and you buy at higher prices so you will earn a profit from your trading altcoin prices.
that's true, but no one can expect about future prices, we can only analyze it from the candlestick with some percentage probability of error
jr. member
Activity: 252
Merit: 1
October 24, 2018, 04:01:08 AM
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!

buying low and selling high is normal. the way is pair up btc with other coin or fiat currency depends on exchanges you use. bigger platform like Binance would have bigger varieties compare other smaller exchanges.
full member
Activity: 490
Merit: 100
October 23, 2018, 09:11:40 AM
Buying low to sell high is the basic strategy for traders to make profits. So it really does not matter which exchange you are using the standard remains true. So what i am saying now is that the market is low and every coin is good to buy because they are yet to hit their high. We are expecting  the last quarter of the year rally so buying now makes serious marketing sense. If you buy now and when the market reversed you can sell off and have a massive profit. All the exchange are all doing well as far as security is concerned so there is no fear of  any one losing money to hackers this days.
full member
Activity: 462
Merit: 100
October 23, 2018, 08:17:26 AM
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!
You should consider that in some point doing this is a kind you need to take a risk. There is always gambling but then when you are lucky enough you will win. When you already lose surely you will sell it in low price.
member
Activity: 462
Merit: 11
October 23, 2018, 08:12:11 AM
Anyone who enters the market will always remember that, buy low and sell high. but everyone will have their own strategy to buy and sell what they have, be patient and never be greedy to be a winner in the market
hero member
Activity: 1092
Merit: 523
October 23, 2018, 08:02:02 AM
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!
If you’re making use of Coinbase you’re able to exchange your coins for another coin right on the wallet. Example—you can change Bitcoin Cash for Bitcoin right on the wallet. And that’s not only available on Coinbase, there are others too like Xapo. I was able to use Xapo to exchange my Bitcoin Gold (BTG) back then to Bitcoin.

But that’s not a way to escape the loss that will happen when the price of coins start falling, cause every coin falls with Bitcoin. That’s another thing that makes Xapo seem a bit better cause you’re able to change everything to your local currency and avoid the loss.
full member
Activity: 476
Merit: 100
www.daxico.com
October 22, 2018, 02:58:28 AM
The strategy that's never been getting old and never failing investors who use it until now. It's the fundamental concept of investment in any form that one should always consider for him to become successful in most of his endeavors.
jr. member
Activity: 280
Merit: 1
October 21, 2018, 02:55:42 AM
Very nice method to make some profit in trading but sometimes You buy in a low price it's continuously  going down and panic sellers can't avoid it.
hero member
Activity: 759
Merit: 500
October 20, 2018, 02:10:41 PM
That is the basic strategy buy low and sell high but after entering into the market the situation will not be according to our way, so we have to be very careful when dealing with the trading. So try some basic technique before entering into trading.
That’s right, it's very basic and there are more strategies available to earn profit from the market. Basically we have to follow the market, that’s why we have to be more careful if we enter the market because what we wished in market is rare to happen. Therefore use a good strategy to avoid losses and earn profits from the market.
full member
Activity: 1890
Merit: 101
October 19, 2018, 05:00:41 PM
if this concept is done by everyone who trades cryptocurrency, there will be many who make profit, but in fact, the term "Buy low and Sell high" only looks easy when spoken. Cryptocurrencies are very difficult to predict so the probability of loss and profit only 50:50  Grin
member
Activity: 294
Merit: 10
October 19, 2018, 03:26:07 PM
Buy and sell of course it is a nice thing. If you can not buy coins at Low Prize, you will lose your money if you sell coins. At the same time, you must buy coin by verifying the condition of the market and you must buying the high rate because the sales of the low amount. Of course, depending on high and low price. No one ever wants to sell at a lower price and sell them at a lower price, if they need to hold the coins for a long time.
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