buy low sell high? (I'm a noob) - page 3.

Fredomago

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Quote from: Mr.sprin on October 25, 2020, 09:14:33 AM

all traders want this to buy at a cheap price and sell at a high price, it is necessary to know that to get something like that requires a good experienced.

Experienced will dictates you how to react when market moves, that mentalities to buy lo and sell high is always the intentions of everyone inside this business.

You always wanted to earned from your investment and it won't happened that quick or that easy everything needs to be learned as you go further experienced will be your tool.

Quote

I recommend buying Ethereum coins now because the Ethereum coins that I know at the end of the year have increased prices and you will get it to buy at a low price and sell at a high price.

Buy coin/s whenever you are fully aware of the development, if you are anticipating good updates
then probably the chance of selling it with the high value always be there, you just need to start
researching and studying every events from your supported projects.

DarkDays

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

My idea was to start buying low and selling high.

This is the fundamental idea everybody has before even considering what to buy, so the fact that you're thinking the obvious is a good start Wink

However, sometimes you need to be very clear what exactly you mean by that as there will be times where you often don't know when the low/high it is, but you'll get to learn this with time.

Quote

Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Everybody has their own favourites, but I think to be safer it is best to start off with crypto that has been in the game for a while. By this I mean that it would be less risky if you was to stick to BTC and its closers derivatives like Monero, Ethereum, Litecoin as the tendency of these to do well is for sure higher than any other alts where you have no idea how they're going to react to market changes.

Mr.sprin

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all traders want this to buy at a cheap price and sell at a high price, it is necessary to know that to get something like that requires a good experience, I recommend buying Ethereum coins now because the Ethereum coins that I know at the end of the year have increased prices and you will get it to buy at a low price and sell at a high price.

ChrisPop

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Buying low and selling high is a very simplistic view, but it helps you to stick with the purpose of trading. You need to ask yourself what is low and what is high. A support zone could mean a low for some traders while for others could be still too high to buy. That's why you need to have a well defined strategy to approach and be consistent to it. If not, you will find yourself in a rollercoaster of disappointment, excitement and overall in an emotional turmoil.

Reatim

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

Know what?since you mentioned of studying crypto for a while and wanted to invest here?then better learn at your own risk mate.

Most of the post you'll get here are either coins in their wallets or holding,and others are just Posting BS just to qualify for their counts.

Better buy the currency that you have researched and has deep learning so if ever the coins fell badly you can afford to wait and hold because you trust that certain coin.

Quote from: ?? on ??

For beginners I recommend buying 10 large coins on marketcap. It's easy to find buy low and sell high moments

You have not asked Him what is the purpose of investing?if he is for Long term or day trading/

Ridwan Fauzi

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

You have to learn more, in fact you don't even know when you have to buy the coin right? Or what coin that should you buy to start as a newbie. There are a lot of crypto currency, you can check on https://coinmarketcap.com/ and you have to choose one or two to store your money.

These coins will have different function, will have different price also you have to know that not all those coins are good to store your money. You may have to analyst one by one and pick based on your criteria. It will be hard thing to do and you have to spend more time to do that.

coolcoinz

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I'll tell you what this thread remind me of. It's like those threads in gambling discussion where people ask if it's easy to make money gambling because they're baginers and would like to wager a bit. If you're a beginner your chances of buying low and selling high on the market are comparable to your chances of betting and wining. It's the same kind of gamble because it's not you who is in control but other traders.

dansus021

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i buy some altcoin back in the days and try to sell high (basic trading) and 4 month or so the price of the coin like rainfall im not giving up or try to cut loss and boom i got the profit Cool

and i don't think is noob i do it for my self hahha

and the coin for it try BTC with fiat pair or the stable coin like USDT or other and you can try coin with good marketcap you can looking on coinmarketcap.com or coingecko

Shasha80

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If buying low and selling high is easy to run, there will be many people who get rich from crypto investment. Buying low and selling high is
not as easy as imagined, it needs good analytical skills to be able to carry out this strategy. Many newbies try to use the strategy of buying
low and selling high but end up losing money. My advice is just buy one or two popular and high volume coins at current prices, and wait until
the price rises at least 5% of the price we buy, do it over and over again. I am sure that in a month, you can profit up to 20%.

tabas

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Start with bitcoin. It's always the safest option for the newbies who are trying to test the waters of cryptocurrencies.
You will never go wrong with bitcoin. Before you test other cryptocurrencies and mostly those that you have never heard of, try first bitcoin.

Hasan905

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Buying at low rate and selling at higher rate, its easy to say. Also its look like nothing but to wait for the lowest price and sell at the higher rate.But actually its not that easy, there need so many research, experience, market monitoring etc. Also the most important thing is to find out the better place to invest your money, otherwise you may not see success at all.

3meek

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God, save BTC!

Buy low sell high - this is of course the best strategy in trading! Grin

But only a few out of a thousand traders can use it!
Especially if you are new to trading and cryptocurrencies, I would recommend you to study this board first... I would like to warn you that your first and second and third experience of trading on the exchange will not be successful! It is possible that you will not be able to trade successfully at all!

Saisher

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

There's a temptation to buy coins that looks very low with high volume, but these are pump and dump coins be sure to double check and study the platform of the coin/ token or what they are offering to the community, the DeFi made a lot of investors losses their money because of the hype, go for stable coin, Bitcoin is still the best investment, don't go out of the top 20 to safeguard your investment coins/tokens on that standing are safe to invest.

noorman0

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[Nope]No hype delivers more than hope

If you want to buy low sell high no matter how long, only bitcoin can revise its price.

Cryptocurency does not have a standard price that can be said to be low at that time and vice versa. The price could drop lower than expected, so you have to bear the risk. Don't ask for advice on which currency is good, people's opinions differ and it can be wrong. You should ask for lessons on how to choose good coins, what are good trading techniques and tips.

acener

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

I don't want to give you any crypto currency when it comes to trading but all I could say is Bitcoin would always be the best for me.
Buy Low, Sell High is so easy to say and hard to do so you should be careful on choosing which to invest in.
Don't try to join a trading signal groups you could lose instead of gaining from their signals and try not to ride the new alts that has been pump lately.

Assface16678

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The replies you'd get would seem to be the same because that are more likely their experiences on their crypto journey. "Buying low and selling high" is quite of a protocol once you invested in cryptos, simply because that would be the way in order to generate profit in this industry Investing won't be enough, you need to analyze the market to when is the right time to make a move.

Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast.

Go for cryptos which are popular, as a basic pattern to follow such as Bitcoin and Ethereum. There are more if you would explore this market more. Regarding the movement in the price of cryptos, that is just normal. Volatility is in nature in the market price of cryptos, meaning, uts market price will move from time to time and your goal is to determine when is the right time to sell.

rodskee

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

Then Bitcoin is not for you and posting here in Bitcoin discussion section won't give you better answer.

better transfer this Post in this

https://bitcointalk.org/index.php?board=161.0

since Altcoin is what you are looking and not Bitcoin
because this is not a Fast moving currency but this is the safest if you can afford waiting for time at least months or sometimes year.

maxreish

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If we don't have necessarry knowledge about how to trade efficiently, we may think that buying low selling high is an easy way to make some profit (for some yes ) But believe me, it's not that easy.

We have to learn technical analysis, perhaps reading indicators should firstly put into consideration so you may know "WHEN" is the right time to buy low and "WHEN" to sell high. Technically, other thought that they bought it at low not knowing there is more bottom price than that. Leading them to be stucked at that price and still waiting longer when to sell at high price.

isaac_clarke22

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

Preferred currency? Well it would be of course Bitcoin, what else could you think of? There are a lot of alts, but especially the new coins were just for hypes and your "buy low, sell high" wouldn't be that profitable since you're just mostly gonna end up holding a crappy coin.
You could do that "buy low, sell high" strategy with the right coin.

ultrloa

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Quote from: Adriana__22 on October 24, 2020, 07:16:20 PM

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

That should really the one thing you need to earn but unfortunately it's not easy to buy low and sell high since in reality you cannot predict the market. Maybe for now study more and join some discussions about how to trade also you can read some techniques about proper trading on several articles posted. And also the main important thing is don't listen on fudster since they are the reason why newbie lose money a proper research is really the biggest thing to earn on trading.

Topic: buy low sell high? (I'm a noob) - page 3. (Read 596 times)