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Topic: buying low and selling high - page 4. (Read 1463 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 11, 2022, 02:31:29 PM
The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.

It's true that everyone usually has their own strategy, because sometimes the strategies that other people use will not necessarily work if we use them.
That's very important we often do trial and error, to be able to find out which strategy is effective we use. It must always be remembered that what is
good for others is not necessarily good for us, never be lazy to practice trading, and don't be afraid of failure. As long as we practice diligently and
continue to correct every mistake we make, then we will find a good way of trading crypto. So my advice is not to rely too much on other
people's predictions when determining when to buy or when to sell. Because other people's predictions are not necessarily better than our own
predictions, so we must believe in the results of our own research and analysis.

Always have a good trial stage, the market is unpredictable, and it's very important that you have your own strategy that you can use during your investment, there are many factors that you should consider while building and establishing your strategy, an endless enhancement that will keep you competitive in whatever market movement is up inside the exchange, buying low and selling high is what supposedly the actual motives why you are doing this business, earning something out from your position and keep repeating it for more successful trade position.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 11, 2022, 01:58:13 PM
yes is good practice and will be useful suggestion, here is an amazing thing for those who wishes to get profit as if they purchase during dipping and will sell it out during cheered cost. Spot trading is little bit good but focusing is needed, you can also do as to clasp up tokens and not get rid of it until you think it is now able of give you superb returns.
hero member
Activity: 1498
Merit: 711
Cryptocurrency is power
September 11, 2022, 01:47:06 PM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
Not trading platform but traders and investors. Trading platforms only gives traders the avenue to access the market. And the get liquidity from trades made by their clients over time which increase their trading volume. This trading strategy of alwayss buying low to sell high overtime is used basically by traders
In normal circumstance you should have it in your mind even when you are not a trade, you should know that you are suppose to by any coins when the price is low and sell when high. Because the factor we are considering of buying when low and sell when high is the profit. Because every trader are curious about profit. If you peruse into a trader or examine any trader you will get known that it's objectives of buying coin when it's low is to hold for time frame and make profit when the price change to bigger price.
legendary
Activity: 2338
Merit: 1124
September 11, 2022, 12:55:19 PM
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
That’s the thing, they think that they didn't buy low enough, and for some reason the recovery from that is selling to make a loss? I never understood the idea but that’s how they approach it and it never made sense to me at all. If you buy at 23k, and it goes to 19k, that doesn't mean you should sell, it means you should hold a while longer and if you could make a profit on that then it’s great, if not then wait a bit more or even buy some more and wait until it goes up.

There are not enough logical arguments to be made about buying bitcoin, seeing it drop, and selling it for a loss. Only logical would be an urgent need to get cash to pay for something you have to pay.
sr. member
Activity: 1876
Merit: 318
September 11, 2022, 01:11:50 AM
The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.

It's true that everyone usually has their own strategy, because sometimes the strategies that other people use will not necessarily work if we use them.
That's very important we often do trial and error, to be able to find out which strategy is effective we use. It must always be remembered that what is
good for others is not necessarily good for us, never be lazy to practice trading, and don't be afraid of failure. As long as we practice diligently and
continue to correct every mistake we make, then we will find a good way of trading crypto. So my advice is not to rely too much on other
people's predictions when determining when to buy or when to sell. Because other people's predictions are not necessarily better than our own
predictions, so we must believe in the results of our own research and analysis.
hero member
Activity: 2884
Merit: 659
September 10, 2022, 05:09:07 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is one of the easiest way to trade the crypto market. I have used spot trading to get ma y things done when the crypto market was still bullish then. I was trading with both which was very faster than me looking into the market to place  trades. The bot was buying and selling for me with the slightest movement which gave me faster profits than someone trading on its own.

Spot market is a risk free kind of trading which you can only make losses when you sell your holding. It is very easy if you know how to arrange your settings and understand the market. Even when the market is not moving well, we can still make little profits along.
Risk free? Spot trading? Dont believe on such thing or somewhat you are misleading out specially noobs.Cant really deny though that this is less riskier but there's still risk and we dont really have that 0% risk.

When you do know on how to make use bot for automation then it do really ease out the hassle on dealing with the market compared when you are doing it manually but we know that not all would be that

knowledgeable and not all does prefer on automation and they do love on engaging personally or on actual thats why we cant really really tell people on which they should
gonna use but never ever mislead people about risk free trading type.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 10, 2022, 04:10:38 PM
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.

Most of the time, those people who thinks that it's just easy to execute are the one who fears a lot when the market unfavored their position, buy low and sell high as easy as we can say but when you already in the position where you already purchased your assets changes in a short span of time can quickly drives your plans. Though if you are really good at controlling your emotions and you have a concrete stable strategy, the chance of making a good amount of profits is just around the corner. It's very doable if you have enough patience and knowledge about how you work in the market.


is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is one of the easiest way to trade the crypto market. I have used spot trading to get ma y things done when the crypto market was still bullish then. I was trading with both which was very faster than me looking into the market to place  trades. The bot was buying and selling for me with the slightest movement which gave me faster profits than someone trading on its own.

Spot market is a risk free kind of trading which you can only make losses when you sell your holding. It is very easy if you know how to arrange your settings and understand the market. Even when the market is not moving well, we can still make little profits along.

Indeed, even the market is not bullish. As long as it's moving, you can still do some scalp trades and make small to decent amount of profits. You just need to set your target and wait for the executions of your trades.
hero member
Activity: 1008
Merit: 525
fillippone - Winner contest Pizza 2022
September 10, 2022, 03:36:50 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is one of the easiest way to trade the crypto market. I have used spot trading to get ma y things done when the crypto market was still bullish then. I was trading with both which was very faster than me looking into the market to place  trades. The bot was buying and selling for me with the slightest movement which gave me faster profits than someone trading on its own.

Spot market is a risk free kind of trading which you can only make losses when you sell your holding. It is very easy if you know how to arrange your settings and understand the market. Even when the market is not moving well, we can still make little profits along.
hero member
Activity: 2842
Merit: 625
September 10, 2022, 06:19:05 AM
You are right. If you want to trade short then you have to stay in the market all the time otherwise you will dollar lose. Because the market does not understand what happens when. You can use stop loss if you want to avoid more losses. By using Stop Loss you will be saved from losing your doller.
A day trader has to be focused on his trades, scalping or day trading.

Missing some moments could lead to a potential loss or profits because that's how it goes in terms of making money through trading. Stop loss should be done whether you have big amount on order or it's just a small one.

Stop loss is very important to avoid losses in the market. So take care of all aspects while trading. If you trade in haste, you will lose.
From the word itself, you are utilizing and minimizing your potential losses.
legendary
Activity: 1946
Merit: 1157
Enterapp Pre-Sale Live
September 10, 2022, 05:39:41 AM
~snip~therefore a trader needs to control his emotions when facing the market and FUD which can harm his trade.
It's not as easy as it sounds. even in choosing an asset for such a trading strategy, it looks simple. but it will be difficult to choose an asset that will make the move fast enough.
I'm sure many beginners who want to apply it also end up stuck in assets that don't have good fluctuations. end up having to hold the asset for a time that is not in the trading plan.

choosing an asset with a fast movement depends on the trading volume. The larger the trading volume, the more demand. Coins like this usually have high and moderate pumping hype and are prone to FUD traps. Keeping emotions in check when the market is like that will be very difficult to make, every decision will be very important and don't get stuck in high prices.
Beginner traders who are stuck in unfavorable fluctuations must of course think of other strategies than having to hold assets for too long, cut losses and buybacks below or buybacks of other potentially better assets will save more.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
September 10, 2022, 01:22:03 AM
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
therefore a trader needs to control his emotions when facing the market and FUD which can harm his trade.
It's not as easy as it sounds. even in choosing an asset for such a trading strategy, it looks simple. but it will be difficult to choose an asset that will make the move fast enough.
I'm sure many beginners who want to apply it also end up stuck in assets that don't have good fluctuations. end up having to hold the asset for a time that is not in the trading plan.
member
Activity: 307
Merit: 42
September 09, 2022, 11:47:58 PM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.

You are right. If you want to trade short then you have to stay in the market all the time otherwise you will dollar lose. Because the market does not understand what happens when. You can use stop loss if you want to avoid more losses. By using Stop Loss you will be saved from losing your doller. Stop loss is very important to avoid losses in the market. So take care of all aspects while trading. If you trade in haste, you will lose.
sr. member
Activity: 1722
Merit: 309
September 09, 2022, 05:25:20 AM
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
sr. member
Activity: 672
Merit: 273
September 09, 2022, 03:07:36 AM
I don't know if it is good practice but it is a method that day traders use regularly. You have to beware that this strategy is not as easy as it sounds because it requires a good understanding of the market and a lot of experience in it so that you can make the best "bets" on the price otherwise due to the high risks you could end up buying a shitcoin speculating to be pumped but it gets dumped hard causing you to lose a lot of money.
And in addition to what you have said that method also requires a lot of patients and time, because since you the day trader can't risk money on shitcoins you have to buy Bitcoin at a low price but even at that Bitcoin can not be speculated because chart reality is what matters and Bitcoin is already at high price on like back then in 2013 were one can easily get some good number of Bitcoin with just a dollars.

So timing is very important in trading.
sr. member
Activity: 2380
Merit: 454
September 09, 2022, 02:34:27 AM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
September 09, 2022, 02:23:38 AM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.
legendary
Activity: 2100
Merit: 1340
September 09, 2022, 02:11:44 AM
#99
The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.
sr. member
Activity: 994
Merit: 441
September 08, 2022, 07:59:34 PM
#98
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
sr. member
Activity: 1876
Merit: 318
September 07, 2022, 11:59:08 PM
#97
It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.
it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation
Yes, its easy but there are people whom do able to throw and put up some on riskier trades or investment or paths which we know that it could really give out that kind of chance on making profits on shorter time frame compared when you do just simply decide on making some holding.

Buy low and Sell high might really that simple to hear up just like on what others been saying or even us would really be having that kind of impression but doing it honestly is the toughest thing to be achieved.
Just go on things which you do see that it would really be that effective for you to deal with specially with investment or trading.

The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
full member
Activity: 560
Merit: 143
Active 24/7
September 07, 2022, 11:05:56 PM
#96
But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.
Buying low and selling high is one of the best strategy a trader can apply towards the market and it's general but it should be done wisely inother not to try to get caught up with the market dumps and pumps. Some traders are running losses anytime the market is reacting to green candles because they short it with futures trading while some traders are happy because they long it with their futures account. Buying low, selling high always come either by been a P2P verified Merchants or just trading with the market, but either way, these are essential and profitable to the ones pertaking in it.
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