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Topic: Buy low sell high? - page 7. (Read 5017 times)

copper member
Activity: 376
Merit: 1
September 09, 2018, 05:47:33 AM
That has always been the idea of trading but in a bear market, you may not get opportunity to see the high any more except you are ready to bag hold for much longer period, the best when entering the market is to always have a safe target for entry and exit, once the market goes against you, just take the exit or stop loss as the case applies
full member
Activity: 532
Merit: 102
September 09, 2018, 03:32:30 AM
A good method to earn is to know the market well and to anticipate how the course will go up or down. Now the price of bitcoins is $ 6,227.69 - what do you say: will the price go up or down? When a couple of days ago the price was 6700 I thought it was the bottom-of-the-buy, well that it did not, I would have to wait a long time for profit  Cheesy but of course you can and earn it-by the way, you can buy promising young coins on ICO projects .
legendary
Activity: 966
Merit: 1000
September 09, 2018, 02:46:17 AM
Buy at dip and sell when it’s high isn’t a strategy but people do it generally, a strategy is usually used by someone and not many people/beginners use it. Like traders they usually have a good strategy to earn profit and every trader’s strategy is different and few of the strategies are same but maybe it could be a coincidence.
sr. member
Activity: 532
Merit: 255
September 08, 2018, 08:07:28 PM
Buying when prices are low and selling them when prices are high's already the basic goal of every investor in investing. The market will surely recover, you have to be optimistic and don't give up easily, you should hold the coins you have, don't sell them now. Because, things that will worsen your finances.
newbie
Activity: 196
Merit: 0
September 08, 2018, 06:59:12 PM
Buying low and selling high is one of the reasons we can make a profit, so that's why everyone needs it. I think the market will never be able to recover so if we get Let's sell them
hero member
Activity: 798
Merit: 503
September 08, 2018, 06:16:19 PM
Actually this is what most people do. This is a good way to earn money. I started trading like this. In general, nothing complicated. Just look daily traiding pairs to bitcoin and choose suitable ones. Usually, all deals were closed within 1 week with a good profit. I used Poloniex for these purposes. But I think any reliable exchange with a large list of trading pairs to bitcoin will suit.
If you are going to trade daily, you will need to keep your bitcoins on the exchange. So it is more convenient and you will save time and money on the commission.
member
Activity: 434
Merit: 21
September 08, 2018, 05:51:51 PM
I am more comfortable in exchanges, such as HITBTC, Kucoin, Idex, Cobinhood etc., after that I send it to exchanges in my country, conbase is a big exchange, with strict rules, they easily close your account just because the IP is different, so be careful friend ..
member
Activity: 228
Merit: 10
September 08, 2018, 05:09:13 PM
It is the basic strategy for a whole crypto trading thing but lately it doesn't really work well because markets behavior is completely unpredictable in my opinion.
jr. member
Activity: 112
Merit: 1
September 08, 2018, 11:59:44 AM
talking about buying cheap selling expensive is very easy, but realizing it is not as easy as it is talked about. we must know the state of the market, the news, etc.
member
Activity: 560
Merit: 10
September 08, 2018, 05:02:27 AM
At these times the price of altcoins has fallen but the good way is when you buy a cheap amount and when you're selling at a cost to earn a great deal of money in trading.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
September 08, 2018, 04:04:49 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 don’t buy low and sell high, then I wonder what else you should do, buy medium and sell medium? Or buy high and sell low? Lol… just kidding.

But the plan of every investor is buy low and sell high, that’s what we all wants to do, cause when you sell below your cost price then you’re a loser. As for the question on what to convert to when price is high, you should convert it to cash/fiat cause that’s what you bought with right??
newbie
Activity: 191
Merit: 0
September 07, 2018, 08:45:53 AM
Buying low is a job that requires anyone to analyze extremely high, careful and may be one of the key points for us to make a profit in this market.
full member
Activity: 364
Merit: 100
September 07, 2018, 08:25:56 AM
I think to get profit in trading, you have to know when is the right time to buy and sell, which is to buy at a low price then sell at high prices and analyze the market well, take decisions carefully and wisely
newbie
Activity: 31
Merit: 0
September 07, 2018, 07:04:34 AM
yes it is fact when coin price is low you should buy that time and when coin price is high, that time you can sell, then you will get more profit this is apply for all traders.
But its hard to know if the coin is low, for me you can buy bitcoin anytime you want but don’t sold it if you don’t have profit on that and that is the simple meaning of buy low and sell high. Any exchanges that you trust will do, as long as it works well for you go ahead.

Do you know that there is an application that details the updated value of the bitcoin? Just be updated on the bitcoin marketing so that you can sell coin in high price.
full member
Activity: 686
Merit: 108
September 07, 2018, 06:20:38 AM
yes it is fact when coin price is low you should buy that time and when coin price is high, that time you can sell, then you will get more profit this is apply for all traders.
But its hard to know if the coin is low, for me you can buy bitcoin anytime you want but don’t sold it if you don’t have profit on that and that is the simple meaning of buy low and sell high. Any exchanges that you trust will do, as long as it works well for you go ahead.
member
Activity: 228
Merit: 10
September 07, 2018, 06:14:08 AM
Sure. It is the main key for make profit for every business. Especially for coins trade. Of course, it is more suitable for holding. This means not that you can’t use this formula for day trading but better for holding. Because if the price goes down then you can buy at a lower price and make good profit when it goes high. You shall be lots of time for catch this profit and take decision.   
newbie
Activity: 183
Merit: 0
September 06, 2018, 07:18:53 PM
This is the basic formula for making a profit in every investment. What you have to do is, buy coins at a lower price and after a certain time later when the price of the coin is starting to gaining then sell it and generate profit from it.

more precisely it can be said that way is a simple enough strategy to be able to make a profit, but although it is simple there are still many people having difficulty applying the trading strategy, because every price they want to go up is decreasing they will panic and sell it at a low price .
newbie
Activity: 70
Merit: 0
September 06, 2018, 06:09:24 PM
Nobody is patient enough to HODL lol
newbie
Activity: 31
Merit: 0
September 06, 2018, 09:47:37 AM
This is the basic formula for making a profit in every investment. What you have to do is, buy coins at a lower price and after a certain time later when the price of the coin is starting to gaining then sell it and generate profit from it.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 06, 2018, 09:47:25 AM
That is the main feature of trading buy and selling coins but all of us have different strategy to earn profit buy just simply do buy and selling, there are some people love to hold many coins hoping that the value will increases in the future. But also there are some traders do daily trading which is very risky and hard to earn profit.
Whatever strategy if things are still favoring you then it will help growing your assets, buying low and selling high back then is really a good one to use, but eventually the fluctuations are moving so fast not allowing our assessment to always be a good one, though we think that we bought it from the dip but afterwards it can fall more and worse from that, it can go deeper and burned our investment, combinations and sets additional plans so if ever things not going to our favor we do have other stuff to work with.
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