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Topic: Buy low, Sell high? - page 7. (Read 1727 times)

hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 09, 2022, 09:42:04 AM
There are those investors that are not confident of themselves. They have to sell lower than the price they've bought the coin. But the idea is always to sell higher than the price you've bought any token.

And do that, remove the greediness in your thinking. Because if you're still greedy and don't want to take profit at the current price because you want it higher.

Remember those times that you should have sold but the price started to drop.
In order to buy low, sell high, they need to have multiple things
- Confidence for their investment decisions and positions
- Comprehensive understanding on psychology of the market, a psychological cycle of market, I meant
- Data on Fear and Greed of the market. Without it, they don't know how fear or greed the current market is. Fortunately, they can check Fear and Greed index of Bitcoin market: https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/

Now, it's time to apply it.
- If they have yet bought Bitcoin, but the index is greed, extremely greed, they should stay outside
- If they have bought Bitcoin already, and the index is greed, extremely greed, it's time to take profit
- If they have yet bought Bitcoin, and the index is fearful, extremely fearful, it's good or perfect time to buy
That's a good set of advise for those people that want to be more knowledgeable in the market.

To me, it doesn't have to be that much and I'll just go with the more simple method of simply buying low and selling at any high price that I wish.

If the price of bitcoin that I've bought is lower than today, I would hold on it. And if it's the opposite and it's much higher, I'll think about it if there's a need to sell but most likely, I'll hold.
sr. member
Activity: 2226
Merit: 347
February 08, 2022, 05:59:22 PM
Always take profit as much as possible and don’t ever sell below your cut off price because you might lose everything so its very important to always have your strategy since you can’t simply buy and sell without this. Know your target price always, the buy and low system will not work if you don’t know how to execute it, but if you want to be more profitable you should sell at profit.
There are those investors that are not confident of themselves. They have to sell lower than the price they've bought the coin. But the idea is always to sell higher than the price you've bought any token.

And do that, remove the greediness in your thinking. Because if you're still greedy and don't want to take profit at the current price because you want it higher.

Remember those times that you should have sold but the price started to drop.
sometimes we are not confident to determine the peaks and valleys. therefore when we are in the valley we have to buy with some capital, so that if a new valley is formed we can still buy it back. Likewise, when the price is at its peak, we don't know whether there will be another peak or the price will drop, so we set several targets to maximize profits.

Knowing peak or bottom would always be the challenge and since this market is unpredictable on the first place then you couldnt really tell on whats the exact price it would be.
and this is where experience would really count whether on when you do get in and when you do get out.Selling on low prices is always been the common mistake and due to
unpredictable or very random market then it is always been a challenge on spotting out which is on the right numbers we should make out decisions.
full member
Activity: 1292
Merit: 101
Vave.com
February 08, 2022, 08:55:17 AM

 I keep seeing a lot of people who are fearing the price right now, many people who are getting out, and plenty that thinks it will crash even harder.

 Why does everyone think the same? I mean it shouldn't be like this right? I have been long enough to hear "buy low, sell high" a million times so far, and it has always been said when the market is low, but for some reason, people still do not feel hopeful when the price is low.

 I am not going to make your investments for you, it is not my decision to sell or buy for you, if you want to get out right now and feel scared then you should do that, it is your money and only you can decide that.

 However, if tomorrow the price starts to go up, and if the price reaches 70k in 2022, then you should remind yourself this day when the price was under 40k, and you felt fear instead of hope. Because prices always go down before it starts to go up. I can't promise that it will right away, but I am not selling, in fact, I am buying more. Focus on what can happen, and not what has happened, that way you can have some hope for the future.
I also have noticed many times that discussion about to buy on deep and sell it on high .Its not my tricks ,mostly new trader follow this kind of strategies .I don't suggest to buy on deep and sell high cause most of the time you may face huge amount of losses when it goes more deep and takes many of times to recover .However you may right to follow this but we need to be more patient on this trick and also need hold our asset for long term .New trader always enter on hype or FUD and sell their asset on loss .I just wanna suggest them to research the market and analysis the market ,it will helps to make anyone their profitable strategy .So try to read the market always if really wanna buy low and sell on high .
newbie
Activity: 144
Merit: 0
February 08, 2022, 06:10:38 AM
Education breath Hope
Hope breath Peace
Crypto investment breath Freedom.

Crypto industry is an industry where everyone can become successful and millionaires because the chances are endless. I am always praying for dip to give me the opportunity to buy at all times. I always have my fiat USDT ready to buy the dip, which i did during this last dip and it's paying off already.

People should get educated and stop the fear game.
hero member
Activity: 2254
Merit: 831
February 08, 2022, 03:24:41 AM
There are those investors that are not confident of themselves. They have to sell lower than the price they've bought the coin. But the idea is always to sell higher than the price you've bought any token.

And do that, remove the greediness in your thinking. Because if you're still greedy and don't want to take profit at the current price because you want it higher.

Remember those times that you should have sold but the price started to drop.
In order to buy low, sell high, they need to have multiple things
- Confidence for their investment decisions and positions
- Comprehensive understanding on psychology of the market, a psychological cycle of market, I meant
- Data on Fear and Greed of the market. Without it, they don't know how fear or greed the current market is. Fortunately, they can check Fear and Greed index of Bitcoin market: https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/

Now, it's time to apply it.
- If they have yet bought Bitcoin, but the index is greed, extremely greed, they should stay outside
- If they have bought Bitcoin already, and the index is greed, extremely greed, it's time to take profit
- If they have yet bought Bitcoin, and the index is fearful, extremely fearful, it's good or perfect time to buy
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 07, 2022, 11:09:01 PM
Always take profit as much as possible and don’t ever sell below your cut off price because you might lose everything so its very important to always have your strategy since you can’t simply buy and sell without this. Know your target price always, the buy and low system will not work if you don’t know how to execute it, but if you want to be more profitable you should sell at profit.
There are those investors that are not confident of themselves. They have to sell lower than the price they've bought the coin. But the idea is always to sell higher than the price you've bought any token.

And do that, remove the greediness in your thinking. Because if you're still greedy and don't want to take profit at the current price because you want it higher.

Remember those times that you should have sold but the price started to drop.
hero member
Activity: 1428
Merit: 653
Act Smart and Play safe with Your fund
February 07, 2022, 09:25:26 PM
What you should know about  human is that they always have it in back of their mind about the past event of BTC, though most people over there that are afraid of buying when it is low is that; either most of them are retiree's, workers, and petty traders who does not really want to loose while the market falls against them. most at time the institutions are the people who hold the market and whenever they sells off or they whales sell there seems to be threat in the market leaving people at a high jump. At this point they have no option than to clearly see the movement or trend of the market before embarking again, this would happened and the market bounces back and they kept panicking for not buying at the point of dip.

Alternatively, this might be lack of studying the trends, and other technical analysis about the market including the past events has kept their eyes bleeding.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
February 07, 2022, 07:09:58 PM
The fact is that commonly if we are a short-term trader or even a day trader, this strategy of buying low and selling high may not really work well. Because sometimes, the price can drop quickly and cannot rise up in the certain period. That s why we need CL in order to minimize the loss and turn to other trading pairs again to get profits.
I think that buying low and selling high strategy is better for the spot market in which it is for a long time holding or moreover long term investment.
The way is by analyzing the right coin or token that exactly will have a better chance in the future, with strong fundamental that will bring rising up price in the future
hero member
Activity: 1442
Merit: 919
February 07, 2022, 06:48:43 PM
I think when bitcoin price is now the only people which are suppose to panic are the newbies which don't really know much about the market, if newbies panic and sell I won't really blame them but if you have spent years in Cryptocurrency and because of dip you endup selling your coin then I don't really think you are ready to make money because lot's of opportunities will pass you by. Have spent just few year's in Cryptocurrency and if I can buy a coin and before I sell the coin my target have to be reached first, so after buying a coin and it start dumping I always use the opportunity to accumulate more.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
February 07, 2022, 06:28:32 PM
As everyone her knows, market is not stable and it can move in any direction, its always advice not to wait for the price to fall I would say. If you have enough money to buy at least a minimum amount of bitcoin or any other best altcoins, please go for then and there. Do not wait for price to fall down. You will get disappointed when the price goes up. But yes sell at high price. Go for a long term
If volatility can never be found then dont expect that we would really becoming this big and with these movements then this is where we do make money
and i dont know on why people do really see dumping market as a negative thing and as long you do able to get yourself out and able to hold on what you
had invested then i dont really see any problems even though there are no assurance that you could make profits but we are here because we could
able to grasps that kind of opportunity.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
February 07, 2022, 02:33:41 PM
As everyone her knows, market is not stable and it can move in any direction, its always advice not to wait for the price to fall I would say. If you have enough money to buy at least a minimum amount of bitcoin or any other best altcoins, please go for then and there. Do not wait for price to fall down. You will get disappointed when the price goes up. But yes sell at high price. Go for a long term
sr. member
Activity: 537
Merit: 251
February 07, 2022, 05:56:05 AM
Three years ago, at a bitcoin price of 6 thousand, I advised a friend to sell bitcoin. He sold it. For six months, bitcoin cost less (3 thousand). A friend said thank you to me. Today he resents me for that advice. Wonders. I didn't tell him when it was necessary to buy... I lost a friend. A question for thinking about friends and buddies.
legendary
Activity: 2128
Merit: 1775
February 07, 2022, 05:19:09 AM
I keep seeing a lot of people who are fearing the price right now, many people who are getting out, and plenty that thinks it will crash even harder.
That kind of thought also crossed my mind, it's common for someone to have such thoughts in crypto and trading world, if one does not have such thoughts one is not a merchant.

Crypto has been running for about 13 years, they know the phenomenon and process of crypto development every decade, where when it increases and when it decreases, instinct heart speaks, no one wants to fall into the same abyss, 2010, 2013, 2017, 2021, facts, for that it makes sense and naturally people in the crypto world have the same thoughts and that should happen and be thought about.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
February 05, 2022, 08:32:16 AM
I wish it could always work this way, but it's fantastic. It should be understood that this almost never happens.
It happens but it's not for some because it's either, they've both early or sold too early. And they can no longer get back to the good position that they should take advantage of.
It's actually possible to do but if it's not happening to you, there's a need for you to analyze your reaction whenever the market goes on a dip or whenever it skyrockets.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
February 05, 2022, 02:50:30 AM
Many people can't follow this "Buy low, Sell High". Because they can't find the right dip and right time to buy. They just think that now market will end, they don't have ideas that once  market dumped their always a big pump of 2x .

Well perhaps because they don't have patience at all.
Nowadays, it is a very common and basic rule that gives an opportunity for the investors to buy at a very affordable price and sell high to make more profit. They must, however, be astute, as dealing with an unpredictably volatile market is impossible. Yet, the fear of staying long in the market when it is going sideways and becoming trouble is truly fearsome and that is why good financial management and strategy must be always exercised to avoid a worst-case scenario of losing everything.
hero member
Activity: 1750
Merit: 720
Top Crypto Casino
February 04, 2022, 03:34:51 PM
Many people can't follow this "Buy low, Sell High". Because they can't find the right dip and right time to buy. They just think that now market will end, they don't have ideas that once  market dumped their always a big pump of 2x .


Because most traders do not have the patience they do not want to wait for the right opportunity. As a result, they leave the market at a loss. The most successful traders wait months to get trades according to their setup. As easy as it is to say buy low sell high, in reality it is just as difficult, because in order to trade according to this, a trader has to be knowledgeable about crypto market and learn to predict the movement of the market. Otherwise the journey has to end with losses.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
February 04, 2022, 03:20:12 PM
Many people can't follow this "Buy low, Sell High". Because they can't find the right dip and right time to buy. They just think that now market will end, they don't have ideas that once  market dumped their always a big pump of 2x .
legendary
Activity: 3094
Merit: 1127
February 04, 2022, 03:17:25 PM
under current conditions we are unable to set the lowest price. as far as i know, now bitcoin is down by half of ATH. I can't say now is the right time, but if you want to invest for the long term, we can already invest. price bounce will definitely come back again and hit ATH, but when that happens I can't say for sure.
You should have done the purchase when bitcoin have able to dip down on 33k price in point which if you have done that with the current price then you had already profitted and to those
people who do really aim on making profits in short time then they are the ones that needs to have that kind of buying and selling kind of act in very short time as possible.
This might really look pretty basic but this wouldnt or couldnt really be executed as simple as that which i couldnt really blame off on why people do really ending up
on comitting such mistake due to unpredictability of the market.
rby
hero member
Activity: 742
Merit: 611
Brotherhood is love
February 03, 2022, 06:37:05 PM
The term buy low and sell high is not advisable in trading because it all about the profit but about what ur customers think of you as a businessman, looking at it from a different angle
I don't understand what you are saying, it is not making sense. The thing you wrote is like it has grammar errors. You said looking at it from a different angle, which angle are you talking about as a business man. What we are talking about it trading and buying and selling crypto.
It is good to buy low, this time is the low. No person should do otherwise.
sr. member
Activity: 1232
Merit: 379
February 03, 2022, 06:30:28 PM
The term buy low and sell high is not advisable in trading because business is all about the profit but about what ur customers think of you as a businessman, looking at it from a different angle, many people are Also in the same field with you as in sell the same things with you,  so if you buy yours  low and increase the price because of much gain, you find out that others will end up selling more than you.
   In a situation where buy the buyers is not actually looking for the quantity and not the quality and perhaps you are not even with the quality and still the price is highyou will end up suffering a great loss and this might drag ur business backward
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