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Topic: Buy Low, Sell High - page 2. (Read 3433 times)

full member
Activity: 630
Merit: 100
XIRCUS
August 08, 2021, 11:53:13 PM
But the logic is very simple. Buy low and sell high. But the reality is not that easy. When the price of the coin drops again, we should buy it, but we are afraid because we think the price will go down again. Conversely, when the price of a coin has gone up high, we buy it with the belief that this coin will go up again. So it's actually our mental and mindset that we have to change. So that we can be successful in investing and trading.
member
Activity: 1120
Merit: 68
August 08, 2021, 11:42:16 PM
I think its all luck. There is no proper calculation and predictable chart to follow for bitcoin and other cryptocurrency. So i believe it is somewhat research but a good share of good timing and good luck that makes you win big in crypto currency.
The timing is debatable though, I mean it's just a ll common sense when it comes to buy low sell high, if the current price is much higher compared to your initial capital then sell it and if it's lower than your initial capital, then you buy more. I think the ultimate factor is the patience of the person when it comes to making a profit.
legendary
Activity: 1246
Merit: 1071
August 08, 2021, 10:40:35 PM
This is really funny. The best advice I give folks out there irrespective of the market price is to set aside a small percentage of their monthly income to invest in cryptocurrency. It doesn't matter whether the market price is high or low. What matters is gaining consistency over time. And before you know you they've built up a massive wealth empire. Julia A. F. Carney wrote in her poem on little things, " Little drops of water makes a mighty ocean".
sr. member
Activity: 616
Merit: 251
August 08, 2021, 07:24:09 PM
Can't blame ourselves for not taking the opportunity, no one expected Bitcoin would go from $3800 to $16500 in just a few months anyway, just pure regret on not realizing that this would be coming, and now, the price is at $43000, that's quite insane, those who made the huge profit are the real winners here, also, it's just a matter of luck with the numbers and probably a close observation on the price, if I were even trying to make huge profits, I'd still think that the $3800 price would even go lower and try to buy some bitcoins lowe than that, but now all we can do now is pure regret, it is what it is, I guess.

That is because people look at the chart and also see that Bitcoin can go from $1500 to $100 in no time, just as an example. That is why it is true as you say it, nobody can predict it. Bitcoin has had many turn arounds in both directions with full force where sometimes people thought now the time has come it is going to die, or now the time has come it is going to a million. Tongue
sr. member
Activity: 1344
Merit: 261
August 08, 2021, 04:17:26 PM
Can't blame ourselves for not taking the opportunity, no one expected Bitcoin would go from $3800 to $16500 in just a few months anyway, just pure regret on not realizing that this would be coming, and now, the price is at $43000, that's quite insane, those who made the huge profit are the real winners here, also, it's just a matter of luck with the numbers and probably a close observation on the price, if I were even trying to make huge profits, I'd still think that the $3800 price would even go lower and try to buy some bitcoins lowe than that, but now all we can do now is pure regret, it is what it is, I guess.
member
Activity: 949
Merit: 48
August 08, 2021, 01:53:25 PM
I think there are still a lot of people who are hesitant to buy bitcoin when the price is low because the price doesn't tend to go up for a short time so they prefer to buy it when the price is high and it has the possibility of price strengthening again in a relatively short time short, maybe we do this very often to process bitcoin buying and selling transactions on the global stock market
This seemingly calculated behavior is actually just a bad habit of many people because once the candle has started to burn, we can't tell how high or how long it will go out, especially when an uptrend starts, it can fake up then collapse, becoming high price investors maybe this trend will maintain in the short term but in fact, we have no definite measure. The option to buy at a time of decline that many people always hesitate to clearly become safer, they have no volatility and are falling while we know the project will return, if you can stop such a trend, why not join?

Riding with the current trend may bring you decent profits if you are lucky enough to quit before correction happened, there are situation
where market shows strong indication which really provide opportunities.

If you are willing and you have enough budget to allocate for this opportunities, so why not and hope for your luck to go behind you.
The only problem for me here is the budget, I wanted to grab the opportunity of buying to today because I believe that very soon the price of Bitcoin will rise in the next few days.buying in low price is good strategy and I think Bitcoin will not going to fall back below 40k$ so k think this will be a great opportunity to buy.
legendary
Activity: 1736
Merit: 2748
LE ☮︎ Halving es la purga
August 06, 2021, 12:01:31 PM
...//..., Now that I have my new job I just bought it at the cost of $31,000 and HOLD as I believe that it might reach $40,000 this year too which is still not too late to invest.

You reaching that amount today! it in fact you are still in profit Wink

Actually the title of this topic is the basic premise for anyone who starts but cannot stay there, always buy, no matter the price, buy now at $ 40,000 and sell at $ 40,500 ... it seems easy but it is not ... .because the moment the premise of this topic fails you must enter trader mode and well that's another story, the important thing here is that you always buy bitcoin whenever you can, sell at a higher price "for now" will always be available.
hero member
Activity: 1316
Merit: 502
August 06, 2021, 11:41:04 AM
I think there are still a lot of people who are hesitant to buy bitcoin when the price is low because the price doesn't tend to go up for a short time so they prefer to buy it when the price is high and it has the possibility of price strengthening again in a relatively short time short, maybe we do this very often to process bitcoin buying and selling transactions on the global stock market
This seemingly calculated behavior is actually just a bad habit of many people because once the candle has started to burn, we can't tell how high or how long it will go out, especially when an uptrend starts, it can fake up then collapse, becoming high price investors maybe this trend will maintain in the short term but in fact, we have no definite measure. The option to buy at a time of decline that many people always hesitate to clearly become safer, they have no volatility and are falling while we know the project will return, if you can stop such a trend, why not join?
full member
Activity: 1260
Merit: 102
August 06, 2021, 08:09:44 AM
I think its all luck. There is no proper calculation and predictable chart to follow for bitcoin and other cryptocurrency. So i believe it is somewhat research but a good share of good timing and good luck that makes you win big in crypto currency. I know someone who went all in around 60K usd in jan 2018 and after that the market dipped big and he lost most of his portfolio.
hero member
Activity: 2548
Merit: 533
August 05, 2021, 07:41:05 PM
The "Buy low and Sell High" model of investing in cryptocurrencies is a lot easier to talk about than to actually execute while investing.
This is often because not many people understand how to read candlesticks and no one really is a low price to buy at.
The market doesn't lie: many people want to benefit from this model of buy low and sell high, but only a very few are ready to take the risk of investing

Buy low and sell high is a strategy that people have been talking about since thousands of years ago, all experts suggest to buy low and sell high but never guarantee whether buying now is low or high, everyone knows this technique but to realize it is very difficult.
Thing happen instead is Buy high Sell low which is a common mistake on where people do commit on trading career even professionals or experienced ones do really able to commit such mistake
which i cant really say its a mistake since market is really way too volatile and unpredictable and even if you do have the best technical analysis out there.It wouldnt still ensure about making
sure profits which its just normal that you would really be losing money instead of earning.
member
Activity: 536
Merit: 15
August 05, 2021, 06:50:30 PM
The "Buy low and Sell High" model of investing in cryptocurrencies is a lot easier to talk about than to actually execute while investing.
This is often because not many people understand how to read candlesticks and no one really is a low price to buy at.
The market doesn't lie: many people want to benefit from this model of buy low and sell high, but only a very few are ready to take the risk of investing
sr. member
Activity: 1218
Merit: 279
August 05, 2021, 05:47:47 PM
Every investor wants to buy tokens at a lower price and sell them at a higher price. But you have to wait for it for a long time or even for a short time . You can't gain anything here without waiting. It is safe to say that you will lose a lot of things in your life if you lose patience.
I think in Bitcoin Investment. Patience is one thing every Investor who wants to make good profit needs. I agree with you, one can't indeed gain everything at a time. Buying coins at a lower price is one thing, been patience enough to make good profit from your investment is another important thing. Many people have missed making huge profit from their Bitcoin Investments because they weren't patience enough.
hero member
Activity: 2856
Merit: 655
August 05, 2021, 03:51:30 PM
I think there are still a lot of people who are hesitant to buy bitcoin when the price is low because the price doesn't tend to go up for a short time so they prefer to buy it when the price is high and it has the possibility of price strengthening again in a relatively short time short.
I think they hesitate to buy when bitcoin dumps because they are scared that the price might continue downward, so they feel they might lose if they buy during dips and it would be only right to buy bitcoin when they see it start pumping, alot of people pray for dumps to happen in the market so they can shop and get coins at cheaper prices, but when the dump happens they all become scared of buying, just typical humans beings for you.

As a human being then having this reaction or emotion is just really normal on where we do really hesitate or getting too scared on losing our money this is just normal but there are people who do really

love to take risk and they are the ones who do mostly or likely to get some profits if the market turns out to have some reversal then its really be having 2 possible outcomes which is
neither going up or down.

Majority of people do say that it is simple mechanics but when you are on the actual situation then it is something that you can just do.Price volatility unpredictability will really be
your main enemy.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
August 05, 2021, 02:52:35 PM
I think there are still a lot of people who are hesitant to buy bitcoin when the price is low because the price doesn't tend to go up for a short time so they prefer to buy it when the price is high and it has the possibility of price strengthening again in a relatively short time short.
I think they hesitate to buy when bitcoin dumps because they are scared that the price might continue downward, so they feel they might lose if they buy during dips and it would be only right to buy bitcoin when they see it start pumping, alot of people pray for dumps to happen in the market so they can shop and get coins at cheaper prices, but when the dump happens they all become scared of buying, just typical humans beings for you.
full member
Activity: 1302
Merit: 100
August 05, 2021, 02:35:49 PM
Every investor wants to buy tokens at a lower price and sell them at a higher price. But you have to wait for it for a long time or even for a short time . You can't gain anything here without waiting. It is safe to say that you will lose a lot of things in your life if you lose patience.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
August 05, 2021, 01:24:34 PM
the goal is the same as looking for profit when the price of bitcoin has passed the capital when it shouldn't be immediately sold maybe by holding more profit, don't panic cell.
Panic sell is a disease for all-new crypto traders and investors.
however and whatever is done and planned the goal is the same. that is to make a profit.
when you get a profit according to the plan that you have made, I don't think it will be a problem to sell it.
Buying cheap and selling when making a profit is a simple strategy that should be done without any serious study. because of bitcoin assets, when it goes down it will definitely go up. no need to worry too much.

It takes time but yes it will go up once the market start to gain strong support,

there are traders who knows how to find good research in order to have the right anticipations and where to place their buying and selling orders.

With this kind of knowledge they have a higher chance to earned from this market, buy low and sell high is easy but the timing is very crucial.
TWW
full member
Activity: 1456
Merit: 109
August 05, 2021, 12:15:00 PM
the goal is the same as looking for profit when the price of bitcoin has passed the capital when it shouldn't be immediately sold maybe by holding more profit, don't panic cell.
Panic sell is a disease for all-new crypto traders and investors.
however and whatever is done and planned the goal is the same. that is to make a profit.
when you get a profit according to the plan that you have made, I don't think it will be a problem to sell it.
Buying cheap and selling when making a profit is a simple strategy that should be done without any serious study. because of bitcoin assets, when it goes down it will definitely go up. no need to worry too much.
full member
Activity: 1414
Merit: 101
August 05, 2021, 11:49:42 AM
buy when people are fear and sell when people are greed


but i think simple trade is buy low sell high and hodl
take profit when u think your initial capital already achived
the goal is the same as looking for profit when the price of bitcoin has passed the capital when it shouldn't be immediately sold maybe by holding more profit, don't panic cell.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
August 05, 2021, 03:49:50 AM

it's true that things like this will certainly get huge profits but here observations and experiences that have an important influence because with careful observation and research and seeing from previous experience of course this will not be difficult because they can estimate at what price they will buy and at what price how much you will sell and this is very important and very difficult to do because they need to at least research the market whether it will be bearish or not.
other than that they have to wait and take advantage of the existing momentum if this is to be done because basically this kind of decline doesn't happen every week or every month

This is the golden rule, but the difficulty lies in figuring out exactly when the lowest price is in order to buy. Indeed, in cryptocurrency there is a danger of buying a coin that may not grow after it has dropped very much in price. Therefore, it is very important here to be able to analyze projects, watch the news and work of the team. Without this, success cannot be achieved.
full member
Activity: 630
Merit: 100
XIRCUS
August 05, 2021, 03:36:51 AM
It looks easy Buy Low and Sell High. But in reality it is very difficult. Honestly at the price of $4k btc I also thought that way and decided not to buy it. But when the bitcoin price went up to $50k I regretted it and decided to buy it. Since then I have decided to regularly buy bitcoins so as not to lose the bull market momentum.
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