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

For newbies, don't try other cryptocurrencies, just focus on investing in Bitcoin. I'm sure we can make a profit if we are patient,
therefore from that buying low and selling high will not work if we do not have patience. Because indeed the key to successful
investing in Bitcoin is patience. So when we buy Bitcoin the price goes down, don't panic by selling the Bitcoin loss that we have.
My advice is to buy more Bitcoin every time the price goes down, so when the Bitcoin price goes up, we can get double profit.

I saw newbies that went for short term but it just didn't worked for them, at least for most. But maybe it can work for OP and others but I don't advise them to have that short term mindset. Bitcoin's here to stay and they need to take that advantage.
Go short term but secure the long term.

Obviously it's the best tactic ever - buy low sell high. But I think u will have some troubles with this idea, for example if u don't have much knowledge you will lose all of you money (some time ago it was my problem too) So you can always improve yourself and get new knowledge about cryptocurrency. Good luck!

Buying low and selling high is basically what any successful trading entails. To make a profit in crypto trading, any trading at that, one's selling price should always be higher than the cost price.
Trading crypto, however, is much more technical than just buying low and selling high. One needs to have all the necessary knowledge and skills required for trading. One should be able to analyze the market successfully using fundamental and technical analysis. One should be able to master one's emotion when trading and not give in to fear and anxiety.

See I understand in cryptocurrency transactions or business,that's  its something a beginners will follow with precautions and diplomacy before adventuring into because forcing your self into it, it will equally leads to a serious disadvantages because of its rules and regulations of cryptocurrency especially bitcoin market.
Yeah it's likely advisable to to purchased cryptocurrency at lower rate but not expected always to sell at higher rate, because not every time we purchase bitcoin at lower rate and sell at higher rate,you might think that immediately you purchase when there's decrease in market you have make profit it likely continuously decreasing, so it depends on the market reading.

People are trying to time the market and part of the market price is based on people reading trading charts and looking at moving averages while others are basing prices on external factors like Paypal allowing BTC purchase through their website. The two sources are incongruous and have no real bearing on each other.

You should just set an auto-buy routine that purchases a small amount each month that you can afford. Say you're willing to skip 4 $13 meals a month - save that $52 dollars each month and set it to auto-buy BTC on the 15th or something. It would have bought some BTC when it was $3k, it would have bought some at $6k and also $13k. The point is you would own some and have no regrets about the timing. If you're paralyzed with fear about timing the market then owning crypto is not helping you (at least not mentally).

Well, it's kind of natural that buy low and sell high doesn't quite work with stable coins. But people usually trade with volatile coins, they are the best chance to make some profit especially with day trading on highly volatile coins.
So, if we talk about Bitcoin then buy low and sell high would be a must but it also takes patience, ability to predict and handle risk. Trading can't be defined as simple rules that you stick to and make success easily.

Firstly, you should know that bitcoin is created as a currency (a means of payment). Secondly, if you intend to hodl bitcoin then you should understand the losses that may be involved. Finally, a little amount of money may either bring s loss or s very little interest for short term hodling.

No one can answer out this question because everyone is been doing it but we know that moving prices arent predictable which means theres no way for you to know on when it would rise and when it would dump
which means its pointless for you to ask out the community yet we are all speculators on here. Buy low and sell high might really be that a very basic thing to be done but when you are already on the middle of that
situation then you'll surely have a hard time on making it. This is why analysis and knowledge towards market and its movement will be always recommended for you to be sustainable into this
unpredictable market.Lots had failed but you can eventually learn it along the way.

Buying low and selling high must be the easiest advice we can give to anyone who wants to learn crypto trading LOL despite it being easy as we think of it the market can easily fuck that up, with speculation as its core people could just make anything they want with the price leaving every low buyer in awe if it dumps. I'll add hold, so it should be buy low, strong hold and sell high.

It's definitely not as easy as you think op. You mentioned that you studied the crypto world for a while which means you must be aware of the volatility of the cryptocurrency market which is why you must invest only what you're willing to lose.

The whole buying low and selling high strategy literally applies to every cryptocurrency out there just like stocks etc, but I choose to stick to stablecoins primarily since they stay close to a particular price point.

You gain very small profits by trading stablecoins, but the accumulated profit over time can be tremendous depending on your research and execution.

Buying some bitcoin is the safest choice right now for beginner like you. There is no doubt that bitcoin is currently toward its new peak and people tent to accumulate for a past few months. The contemporary price of bitcoin is $13000 and you will lose about %20 if bitcoin fall to $10000. It is an acceptable risk since bitcoin is predicted to be $20000 and higher. You can double your capital if everything goes well. From my own point of view, Bitcoin has a great chance to hit $30000 in the next 2 years. It has spent such a long amount of time being amassed by investors and sharks.

If you still want a better choice which can give you an astounding profit, ethereum and xrp are never a bad choice. They have such awesome technologies, they are in the top 5 coins and they are always pumped for at least 3 times in a uptrend wave.

My advice is you should learn more about the market while holding such well-known. Having knowledge in this field gives you more chance in making money. You will have your own perception about the overall painting of the crypto world and surely you will become confident with your investment

I took in an alternate way to deal with the purchase low and selling high that we talk about, I discovered exchanging at this stage undependable in the event that it includes a steady coin. Right now altcoins are unloading truly hard with bitcoin's siphon, so my purchasing low has consistently been with bitcoin worth and sells at high bitcoin esteem, despite the fact that ethereum can be a possibility for Defi. Bitcoin and Ethereum are the most secure to lead the siphon, bitcoin still hold the SoV in this market. At the tallness of the bull, we will consider the steady coin for bitcoin and Ethereum.

I learnt a different approach to the buy low and selling high that we talk about, I found trading at this stage not safe if it involves stable coin. At the moment altcoins are dumping really hard with bitcoin's pump, so my buying low has always been with bitcoin value and sell at high bitcoin value, although ethereum can be option for Defi. Bitcoin and Ethereum are the safest to lead the pump, bitcoin still retain the SoV in this market. At the height of the bull we will consider the stable coin for bitcoin and Ethereum.

I think just try one kind of coin to buy and sell first , then study the market, the movement of the graph and the price change. Buy low , sell high is easy to think about but difficult when you do because you don't when the price drop and when it will rise. Try bitcoin first before trying other coins.

Buy low and sell high. This sound easy for anyone to do even if they are new to bitcoin but are you sure it will be easy to do?
There are circumstance where more bitcoins can be bought with a higher profit potential but one must have courage and patience.

• When the price dump.

I firmly believe that the prices will get better after the price dump. It may take a little patience to see the price recover after the dump, but this happen very often and there is an advantage for those who have the courage to buy more bitcoin in these circumstance.

• When the price pump.

In a pump state, trader can also buy bitcoin but this is much riskier than buying it when the price dump. We can never determine when the price has peaked and I believe we do not know when a turning point occur when price pump. Therefore, I don't think a trader should look for more profit if they buy it when the pump price occur. They can sell it as soon as the profit target is reached.

Its usually just the BTC/USDT. There is no other pair that will spike and drop which you can substantially gain amount of USD as long as you have enough capital for this spot market.

Its not really this easy when they say buy low, sell high. You still need to learn a how to read the chart. Right now the price seem to have hit the highest peak in the current range. You might have to wait for the dip again.

Buy low, sell high using Bitcoin or Ethereum is the best idea but you need a lot of patience. Also Bitcoin and ethereum is already valuable and trusted digital curreny. But if you want to try other coins, then choose the good one in the market and be ready to take the risk.

I suggest buying Bitcoin because recently the price has continued to increase. I am sure you will benefit if you buy a large amount of bitcoin.
there are some altcoins that have also increased, but I would rather recommend investing in Bitcoin at this time because people know more about bitcoin than altcoins.

there is a good solution for that and that is selling step by step instead of only selling once in one order. for example you expect price to reach $100 then you sell 40% on $90 and another 40% on $100 and the remaining 20% on $110. meanwhile you set some automatic orders to sell if the price reached $90 and dumped down to <$80 to not get caught.

I can see where you are coming at. If I look at it with deeper understanding, it is advisable that I will focus on one coin before trying to diversify my portfolio so I have a feel and learn the ins and outs of the game without risking too much.

Is it advisable or reasonable to set a price point where you sell the coin? In my opinion, it can be dangerous because the target might not be reached because of out of control market elements or the target might come late.

i was expecting that your going to say buying low and selling high is for the noobs but you are the noob on here and you didnt commit the said act so far . you said you have studied crypto and you are ready but why you look like your still confuse and dont know what to do ? maybe your not really ready .  you like coins that are fast moving ? ( the one that go up and down quick ) or the slower coins ?  because both can still qualify for buying low and selling high  . just go for btc if you prefer faster play and go for the altcoins to if you think you cant handle the speed of btc  . goodluck 

No, it does not counter the advice of diversifying the portfolio because to manage many coins in our portfolio isn't easy, and that will need skills to do that. It will no problem if you have those skills, but if you don't have the skill to manage too many coins, buying bitcoin as the main investment will not be a problem.

With only having bitcoin as the investment, that means we can make a profit in the future, and it is okay to have only one coin in your portfolio. Diversifying a portfolio will be good, only if you know how to manage it.


Unfortunately, people become greedy if the price starts to rally and breaks their target price, and they will not sell at that price instead of waiting for another high price. At least, the advice for people to sell their coin, whether it's bitcoin or altcoin, is when the price can reach 2x of your bought price so that you can make a profit. But if you can accept the risk to wait for longer, you can still hold the bitcoin, but you don't have to regret if the price can't increase higher.

Yes, we should also know when to buy and when to sell because other thinks that the price is low so they buy but the coin is still in high so they lose a lot of value and need to wait for another price rise to get the value back. Everyone should know how to read the pattern of coin he is holding especially when he is a big coin holder and long time holder because they may lose a lot of value with a small mistake. A big lose may give you a big disappointment that might end you up giving up crypto currency and that is not a good thing because crypto community will lose another member. Each member in crypto community is important especially those responsible one.

To be honest no one has the answer for this, people can just predict but that's not the real solution. I agree buying low and selling high is the natural phenomena of crypto currency, but trust me it also comes under extreme risk.

No one can judge so and so coin will go over the moon, there is a proverb knowledge is wealth based on that you need to keep on researching, well this will give you an overview on how to invest and where to invest.

Yes follow what you had in your plan. I am telling you that you have a good plan there and you must stick to it. You just need to have patience in waiting for the market to fall down and may be a little bit problem because bitcoin now continue to rise up. Anyway, there will be a time that bitcoin market will going fall down and if it happen then be ready to buy on it because you might not know that it can bounce back again whenever whales invest to it. Whales means individuals or group of people wanting to invest in bitcoins with huge amount of bitcoins to be bought.

I think you should try to monitor further, such as monitoring the latest news on their social media and understanding global market news. In this way, I'm sure that you will be able to increase your profits and minimize losses.

This can be said to be a short term investment. from 2016 until now, I also did like that. Buy low and sell when above the buy price. But I suggest, if you do this, do it on coins that are really stable and strong like Bitcoin, Ethereum, Binance Coin, Polkadot etc. If you ignore this then you have to be prepared for losses.

Start with Bitcoin because its the safest asset in Crypto space, unlike pump and dump altcoins. From there, you'll learn as you go and trade. Buy and sell is a good enough knowledge all you need to know is when to long or to short depending on the price action. So i would suggest to always put some stop losses whenever the price is in uncertain position.

If you want get a profit you must buy low and sell high or you're just waste your money.



I will not be focused in a new coin or the last "hype" (... ICO, DeFi etc) but I will take a look only in bitcoin on just a couple of other "old" top 10 coins (litecoin, dash in primis).
Isn't easy build a valid portfolio, since there are many factors to look.
The best option is always have a big stake in bitcoin

Quite agree on above post; There has been too much good publicity about "Not putting all eggs in the same basket". Diversification can't mean to buy the 10 loudest noise projects (market cap) without even knowing what is all about.
In fact, if you scan internet you will find several projects in Medium blogs of people that put 1000 dollars on each of the top 10 coins in 2017, 2018, and so on. The few that are still posting results show you how lame it has been so far.
But of course past performance doesn't guarantee future performance... 

OMG, please, not again this stupid shit!

Don't do it OP, never choose an investment by market cap. Some of those high market cap coins are shitcoins with no real use. Want an example of a high cap shitcoin, read a bit about BSV.

People who will tell you to buy each of the top 10 or top 20 coins have no knowledge of the market and think that it's better to have a lot of mediocre investments than a single exceptional one.

Buying at a low price and selling at a high price this sounds easy, but in fact it is the hardest thing in all markets in general and the cryptocurrency market in particular.
Without enough knowledge and skills, you will not be able to know when to buy and when to sell.
If you love and want to trade certain currencies, it is best to make your own judgment, do not invest on anyone's advice.

Buying low and selling high is the basic trading practice of each and everyone into trading. Whether you're are noob or an expert doesn't matter with trading. Having close observation over the market will let users to select the right cryptocurrency for trading.

We've got more than 7000 cryptocurrencies and the trading pairs will count much high in number. When we prepare to buy low and sell high, we also need to make the right choice of the trading pair. For a beginner it is always good to go with stablecoins at the beginning.

In all the transactions in the different markets of the world, everyone hopes to buy low and sell high. However, it requires traders to have a lot of knowledge and skills, many investors have spent a lot of effort to be able to do it.

All currencies in the market have high volatility so you can try to buy low and sell high, the most important thing is that you can choose the exact timing of buying and selling or not.

Buy Low, Sell High it's efficient but the thing is that one must possess the real meaning virtue of Patience.
I'd recommend U to take it slow and not rush yourself into trading immediately, but rather always doing research and keeping up to date.
As for the best Exchange outthere, Id recommend Binance.com.. one of the safest Crypto xchange outhere and the most responsible. Last year Binance was hacked and hackers stole a good wealth
and yet, none of Binance users didn't lost their coins or they'r money, everything was refunded.
Other than that, it's worth mentioning that Binance's trading interface is also very useful and user-friendly, easy to work with.
If U are trying to find any professional trader who sell their works and charting setup , Id recommend U to go take a look at cryptorev.net or youtube channel [ Crypto Revolution ]
If U got money to invest and time to day-trade or make at least 3 trades per week and profit, U should def. take a look at CryptoRev. its very helpful.
I made some money from free trading set ups he gives for free on youtube daily updates, not evewn being part of the group [ VIP ]
I truly believe that guy is legit, ands his channel will only grow more. Life changing money to be made into crypto markets if one is careful and patience not rushing into stuff fast.
Good luck in your journey , and def invest on Bitcoin in long-term goal!
Take care and be careful out there

The cryptocurrency market is more difficult to speculate than other markets. They are heavily influenced by news and low trading volume, the above two factors bring high profit and high risk.
I can't say anything else because it's true. For a newcomer to be careful with your actions and getting started with Bitcoin is the best way.

I thought that you are ready for an idea as well and know what coin you have a plan to invest as you study crypto. You are right about "buying low and selling high" which is a genuine practice for all, and it is really effective. What I can suggest for you is to focus only for Bitcoin. Of course, you can make investment with the leading altcoins but thiniing about the profitability rate that Bitcoin can possible provide to us is a huge consideration to choose.

And one last thing is that, keep knowing what you are actually doing. It is best for us if we certainly know what we are doing because this helps us to be guided and reach our goal.

Many people in this industry might started with Bitcoin as an investment more than those who are have started in altcoins and ICO projects, I think. I do want to also recommend this, then look for what would suit you well, whether it is long term or short term holding.

In such way you would be able to diversify your investment to generate more profit if ever. There are cryptos which would be profitable in short term investment and also for long term. Deep market analysis is therefore needed. You don't have to rely to other people's opinion and you better not. Go with what you think will be best for your investment, that's your capital in the first place. This will avoid further regrets with your decision and if you will be wrong at first, then do not be too hard to yourself and use what you will learn to grow.

I think the season is not over yet to buy low and sell high in the market. Many people still find it difficult to understand the season to purchase low in the market and start waiting for the price to go up to supply to market .
Every investors want to release their coins to market when the price goes up for them to make a good profit from their supply
Bitcoin is pumping right now which many people are releasing their coins to market to make a good reward from the project they bought low in the market.

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.

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.

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 
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.


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.

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.

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.

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.

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

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.

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.

 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  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

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%.

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.

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.

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

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.

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.

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.

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.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.

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.

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.

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.

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.

Buying cheaply and selling at a high price is advice for those who want to try to invest from the safe side, but it does not mean that it is the only way to make a reasonable profit.
If you want to follow it, you should search for currencies that have a future, and thus it is easy to get enough capital in order for their price to double quickly.
But it is better to learn how to make a profit when the price drops, or to calculate the average price of the dollar. More alternatives to maximize your capital.

What you do is also a factor in what people do in general, however, you should not list only to the lowest and highest prices.

In general and the fact of doing crypto trading if you don't have a few other tips it is very risky to lose your money, as happened to many investors you can become multi-millionaires in a matter of hours and also on the contrary you lose in the blink of an eye which is influenced by market volatility.

There are some other tips that you should learn before investing or trading certain coins.
1. The crypto market is the main step that you must understand, don't get trapped, you have to learn a little about the right time to buy and sell certain cryptos, some expert advice is needed.
2. Emotional decisions, inaccurate, reckless, fearful, careless, you should avoid.
3. Don't invest in just one coin, it can drown you.

And many others that you should want to know before you trade crypto, good luck.

What you want to do is known as trading.But did you know that by trading on the stock market, 95-98% of people lose money? I don't have any data regarding trading with cryptos but I imagine that the percentage will be similar.

It is better to choose an asset you trust (because you have done your research on it), a company, or a currency like bitcoin, and just buy and hold. Or the system of dollar cost averaging, which consists in  buying the same amount every month. The problem with these systems is that they are usually boring compared to trading, but much more profitable.

But in general, yes, you should try to buy low sell high, which is the opposite of what the masses do: buy an asset when it is at its peak and sell it as a result of fear when it goes down.

If it were that easy to recommend what coins go high and low every time, everyone would honestly be rich tbh. It's all amounts to how much risk you're basically willing to take and how much research you've done to whatever investment you're going to take. Also, don't take for granted whatever coins we would recommend here, it's a lot better to find one that is up to your preference, and one that you could actually spend time to study the coin itself as well as the market trends around it.

Some simple tips revolve around creating your own portfolio, taking it slow, learn when to stop/exit, and don't be greedy. Most tips tend to revolve around to being not greedy, while others revolve around arranging on how you would go arranging your trades.

Seems like you're asking for a general advice for trading altcoins, so the first thing you need to know that trading altcoins is extremely risky, because there's a lot of pump and dump schemes, scamcoins, price manipulation, exchange hacks and exit scams and other dangers. And the prices are generally unpredictable, so there's no recipe for how to buy low and sell high. This is why Bitcoin is still the most popular cryptocurrency, you can always be sure that there's nothing shady with it.

Well you should tell us first if what is kind of investing are you going to.

Either Long term Holding,Semi Long term or Day Trading.

but if you are looking for fast profit then This is not the place where you can get that because this market is so volatile and can change the trend in a minute or so.

Thank you for this advice, I am saving money so I can trade too. But isn't this advice  counters the advice of diversifying your portfolio so you can earn a profit when one coin dipped.

Nobody here gives financial advice. We all just share our own experiences or what we have learned about other people's experience. If you are going for a TA and market sentiment based "Buy low, Sell High", then bitcoin is popular for that. Although the volatility will be less compared to some of the constantly hyped projects. There are thousands of traders and bots out there on every market. Personally, I just hold bitcoin as I have seen it go from 4000 to 20K (without buying or selling), so my expectations from the honey badger is "C'mon, do it again"

Some other ways people potentially increase their holding is by buying hyped coins on binance etc and then sell them off for BTC at listing. You need to buy their Binance coin and stake it to get tokens from these new projects. With Binance launchpad, its quite a circular economy going on there with not much being built (except websites and telegram communities).

There are no certainties in crypto. The best bet is to generally keep an ear to the ground and recover your principal as soon as possible. People here have much more capacity to risk because most of them have had their gainz from small investments only. For someone entering recently, the first step would be to recover your principal. Just my 2 sats and experience but not investment advice.

My advice is you don't have to select too many coins. Perhaps, you can try to focus on bitcoin because bitcoin will have the potential to make a profit. Although you will feel difficult to buy low and sell high, you can expect to make a profit in the long term. It is no problem if you can't sell bitcoin right away after buying it because the price will increase a few days later.

So if you can focus on analyzing the good time to enter the market, you will find the low price to buy, and then you can hold it until the price starts. You don't need to panic if the bitcoin price is down because that will be only temporary. Sometimes, the increase in the price will be so high that you can make a big profit. Just be patient.

Everyone has this idea at starts but very limited people actually make it. They usually buy high and sell low. On the market, the losers are more than the winners.

In order to have successful investment career, you need to have long term plan.
- Buy at low, you can, I am sure about that.
- Sell at high, it depends on your plan and you can or can not, it will depend on your plan (long term investment or short term investment) and your patience to stick with your plan.

This is like asking if it's better to invest in a typical business or real estate. It's going to be different for everyone, you just gotta find the best one for you.

As for buying low and selling high, sounds really simple, ain't it? But it sounds a lot simpler that it actually is. There's a reason why most traders actually lose money. Will you be able to come out to the top? You can try, but it's definitely a tough tough road and it will take days and days of research and experience.

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P.S. Move this to the Trading Discussion forum as it's more fitting there. The Move option is on the bottom left corner of this page.

Buy low, sell high is the best method to make profit in crypto trading and it's a basic strategy with high returns of your investments, so keep it up always in your future trades. As basic as it seems but you also need to have patience at all times and always control your emotions while trading a one day at a time. Don't get too much greed or else it will hit you bad, always contented what you gain today and get back another day for a new sets of trades. Goodluck to you buddy and wishing more success trades in the future.

Buying low selling high is still the best thing to do but all you need is patience because if you don't have patience, you will lose all of your coins and the value will go nothing. You also need to be wise on choosing what exchanging site you are going to use because the transaction fee is also a big deal especially when you are always doing a transaction. If you are just stocking your coins and leaving for a month, you can set it aside but it is better if you are going to choose the exchanging site that has the smallest transaction fee and legit.

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!