Topic: Buy low, sell high - page 2. (Read 517 times)
Buy low and sell high this is the market strategy, always buy at low price when the market is down. And hold the coins for long time till the market returns. Once the market recovers, just sell them off keeping your own threshold on profits. Current market is so opt to buy as many coins as you can with cheap price. Go for it.
I guess people realize and aware about it, buy low and sell high is people's expectation, especially for them who invest in a big number. They must be want to get profit and don't want to lose any of thing. But, you have to remember, ups-downs always there, happen inn unpredictable time and no one can guess when the price going up or down. One more thing, patience is an important thing in here. If you have no patience, you will be hard to accept the risk that caused by your choice.
this method cannot be applied to current market conditions, to do that must make long-term investments. Today many investors buy when prices fall and sell when prices rise, this is done to get a little profit.
an age old strategy and very simple yet most of the trader even i messed with this and doing the other way around, i just realize how hard to earn in trading is because what you think of price doesnt work the way it is, reason why 90% of traders fail
'Buy low, sell high' it's an old saying that most have heard, but few follow.
Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.
Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.
i don't think that's the smartest move either. far too much time has passed for another run at $20k to be a double top. there may be a correction there, but if we test the ATH again, we are going much higher.
sadly, bagholders usually do one of two things:
1. they sell the bottom and start calling bitcoin a scam
2. they wait out the bear market and then sell as soon as they can break even
markets like to punish people. c'est la vie!
So what if it takes 2-3 more years to get there. Everyone who bought in 2014/15 are now so fucking happy they'll need plastic surgery to remove the smiles from their faces
not for those who sold at the previous ATH ($1100s-$1200s).....which is why you shouldn't be selling in the $19000s either!
You had shared some valid points.To get some dollar as profit in current situation,you have to follow the basic principle of trading.The basic principle of trading is buy at low price and sell at high price.If the price is seems to be reduced,hold till the value of bitcoin reaches lowest price.If so don't hesitate to buy maximum as much you can with the holding money.It will gives you double or triple of Investment.
It is an old saying that most people have gullibly listened to or seen and they think that is all that is entailed when it comes to trading a market. However, what most people do not understand is that, it is one thing to buy low and sell high and it is another thing to know when you should be properly buying low and when you should possibly be selling at all.
As long as you cannot familiarize yourself with those things as an investor or a trader, it would be hard not to end up picking a falling knife when buying low sometimes, and then it would be hard to not get greedy and not even know when you should be selling.
As long as you cannot familiarize yourself with those things as an investor or a trader, it would be hard not to end up picking a falling knife when buying low sometimes, and then it would be hard to not get greedy and not even know when you should be selling.
It’s pretty simple just HODL for at least a couple of years & everything will be ok. Bitcoin seems to go in cycles, we’ll enter another bull market at some state & no doubt you’ll then be sitting on great profits.
It's simple if you know how the market works here, which doesn't apply to most of the people who entered last year during a market that just didn't want to stop going up.
People borrowed money, sold their car, sold grandma's jewelry, sold their dog, etc. All in the hope of becoming rich because their assumption legit was that Bitcoin would reach $50,000-$100,000 before the end of 2018. Even long term perma bulls believed that. How can you convince these people that everything will be all right while the price keeps going down?
They don't understand what Bitcoin is and for that reason don't know why it has value in the first place. Even some of the more senior members here think there is a possibility that Bitcoin could become worthless overnight. The only way for these people to calm down is to have the price increase to $20,000 next week, but that ain't happening.
Every trader in crypto is aware of buy low and sell high to make profit but following the rules is the big problem. Timings and patience are the setbacks that hinder traders for waiting for price to rise high to sell. As you put it, even if takes three years for you reach your target profit is far better than selling low out of panic in just a month or two.
Anybody who is currently at a loss shouldn’t panic. We’ve all been HODLING our bitcoin’s when they’re worth less than what we paid for them, at some point.
What you need to do in the above scenario is stay calm & be patient. It’s pretty simple just HODL for at least a couple of years & everything will be ok. Bitcoin seems to go in cycles, we’ll enter another bull market at some state & no doubt you’ll then be sitting on great profits.
Simple - based on past performance any way.
What you need to do in the above scenario is stay calm & be patient. It’s pretty simple just HODL for at least a couple of years & everything will be ok. Bitcoin seems to go in cycles, we’ll enter another bull market at some state & no doubt you’ll then be sitting on great profits.
Simple - based on past performance any way.
It's not easy to do it all requires analysis, don't get us wrong. when the price goes down, we have to know why this is not done immediately. cryptocurrency is prone to price fluctuations
which is why you shouldn't be selling in the $19000s either!
It depends on the event and the time frame. It was clear that the futures markets were the driving force behind the bull run of last year, and it's just as clear that traders like to sell news when possible, and it happened.you're talking about the context of a blow off top after a bubble. that's completely different than hodling now just to sell $19k in the next bubble in a year or three. that's what the discussion was about.
i have to say, i disagree that futures were "the driving force behind the bull run of last year". the altcoin market was bubbling long before bitcoin futures were on the table. if anything, it was the fundamental uncertainty about segwit activation being resolved that catalyzed the underlying bullishness of the BTC market in august.
Watch it bro. We ask people to buy and they buy, now you call them fools? What makes you think they will buy again(even at its lowest) after this insult? If Bitcoin had continued to move up from the 20,000 they bought you would probably call them smart.
Nobody is certain where the price will move to next. We are all fools in this case as far as trading and holding Crypto is concerned
Nobody is certain where the price will move to next. We are all fools in this case as far as trading and holding Crypto is concerned
which is why you shouldn't be selling in the $19000s either!
It depends on the event and the time frame. It was clear that the futures markets were the driving force behind the bull run of last year, and it's just as clear that traders like to sell news when possible, and it happened.Another thing, which mainly applies to Bitcoin, is that it tends to correct significantly at the start of each new year. That was again a signal that people should have cashed out their profits.
Don't know how relevant tax sales really are when it comes to the crypto market in general, but that's potentially another aspect to focus on. It's sell signal on top of another signal on top of another signal.
'Buy low, sell high' it's an old saying that most have heard, but few follow.
Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.
Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.
i don't think that's the smartest move either. far too much time has passed for another run at $20k to be a double top. there may be a correction there, but if we test the ATH again, we are going much higher.
sadly, bagholders usually do one of two things:
1. they sell the bottom and start calling bitcoin a scam
2. they wait out the bear market and then sell as soon as they can break even
markets like to punish people. c'est la vie!
So what if it takes 2-3 more years to get there. Everyone who bought in 2014/15 are now so fucking happy they'll need plastic surgery to remove the smiles from their faces
not for those who sold at the previous ATH ($1100s-$1200s).....which is why you shouldn't be selling in the $19000s either!
Well, I think this strategy still works, buying low and sell at the higher price. However, there are some people did mistakes on selling bitcoin because they're sold the bitcoin at the wrong time. Like what happened to the other traders who bought BTC when the price is higher than 10k that I think they are still suffering from it.
They should learn from mistakes because bitcoin is not stable as usdt or USD and they should know the price history of bitcoin before they invest or buying bitcoin.
So if they could learn from the mistakes they make and they know the bitcoin price history they can easily think first before buying or selling it at the low price. Some traders and holders are following the old price movement because 2014 and 2018 has similar movement, if you can follow this, you will know what will be the next price of bitcoin this coming weeks or months.
They should learn from mistakes because bitcoin is not stable as usdt or USD and they should know the price history of bitcoin before they invest or buying bitcoin.
So if they could learn from the mistakes they make and they know the bitcoin price history they can easily think first before buying or selling it at the low price. Some traders and holders are following the old price movement because 2014 and 2018 has similar movement, if you can follow this, you will know what will be the next price of bitcoin this coming weeks or months.
Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.
Fools? Does everyone knows back then what will happened thereafter? What's their mistake (vs. emotions) is holding too much later on but buying at that level is not a mistake*. We already know what happened next that's why you came up with the idea like that.
I doubt you will really sold your coins on $19,000+ if the trend is still uptred.
I have recently started buying again myself, I buy a little each payday, I recommend to anyone on the sidelines who wants to start saving in Bitcoin to do it in this fashion, it's routine, emotionless way to invest.
And now you talked about emotion. Anyways keep up in accumulating some.
'Buy low, sell high' it's an old saying that most have heard, but few follow.
Because the new one is "Buy high Sell low".
There's a deep reason why people always ended up like that especially in bitcoin. You won't understand it until you are such in the situation where you hold lots of it.
Simplifying it to just saying that now is low and later will be high isn't going to convince people who aren't already convinced. Without real reason for saying bitcoin will increase people can easily counter and say that the price will just as easily fall and that 6k will soon be a high price rather than a low one.
"Buying low and Selling high" is the cycle of this market and you should know that this apply in every other markets and investing. If you want to makes money as a traders you should buy low and sell high. However, we find it very difficult to follow this principle in trading and that is the reason why we lost money in trading.
That the basic rules mate which very simple but effective way to multiply our money especially if the market growth rate is constantly growing. But of course you must be understanding and should have more patience also 'cause not all the time you will become profitable on this market due to some causes that always occurs to manipulate the market value , but it's normal scenario , just be aware on it and don't always follow your emotions, avoid being greedy! , and always wait for the right time to sell without lost.
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