Topic: buying low and selling high - page 8. (Read 1463 times)

Grow his portfolio? You can grow your Portfolio by buying low and selling high when the price appreciates and most of the time, it takes time to sell at the high time except if your relative is a trader and being a trader can be a daily or occasional trader who trades when in the mood or see an opportunity.
However, can one buy low and sell high and still increase their portfolio? You can increase your portfolio when you buy coins more and more with dollar cost average in every opportunity which is always this kind of times(bear time) and sells high when the price appreciates.

It sounds easy and simple, going by how you said it. If crypto trading is that easy, everyone would have adopted this strategy and be making a whole lot of money.

As it seems, the market is unpredictable to forecast whether there will be an increase or decrease in price in the next hours. That's why the majority of investors considered having a long-term investment due to the volatile nature of crypto. With that method, their goal is been set is make huge profits

Of course and true if without analysis, traders are only gambling with their lucky from price fluctuations. But the average newbie does this, right?

I remember the early days of getting to know crypto. I really want to trade and also really want to invest, but I don't have the skills to make analysis. I'm sure all newbies must have experienced it, but if they really want to learn then sooner or later their knowledge will increase which in the end can be useful for them.  I'm sure everything is not easy, but consistency and high curiosity will affect our speed in understanding something new.

Perhaps, this strategy has existed for many years and it was really effective when it comes to trading. In fact, even experts as still doing this which means that among all the strategies that have been created now, this is somehow ideal to use.
That is why we are too fortunate that we have this highly volatile market where we have the opportunity to buy low to accumulate more, then hold for a while waiting for the price to rise and sell. The design of the market seems to be really good in trading and even the bear season, traders still have the chance to survive and make profit from it.

First off, there are certain things one is taught in theory that aren't that way in practical reality. Example is the buy low and sell high matra. This, in the true sense of the expression, doesn't exist. It's the same thing when anyone says something about overbought and oversold. I say this because no one can figure out a bottom or top while price is at that region. Anyone who tells you otherwise or says they knew Bitcoin top or bottom before it happened isn't telling the truth. This is a highly unpredictable industry. There's not certainty and that's why we say it's speculative.

it takes a technical and fundamental analysis. Buy Low Sell High is easy to say, but in practice it will not be that easy.
Determining when to enter and when to exit the market requires technical analysis, without using analysis as well as trading like gambling, only based on reason and luck. Psychology is also an important factor that will affect the final outcome of a trade or investment.

This is another kind of investment in cryptocurrency, i believe that cryptocurrency buying and selling of cryptocurrency will not make you to make profit as well. The thing that will give you a vital profit for investing for cryptocurrency. Is the process of purchasing cryptocurrency and hold and not exactly when the price is low or high, at least any time you feel like purchasing cryptocurrency.

Good practice is when your strategy actually makes you a profit, whatever it may be. Buy low and sell high are one of the trading methods that are guaranteed to make profit, but the question is: How do you determine the low and when do you think it is high?

Of course it's not as easy as turning your palm because you really have to make an analysis to determine the best time to buy.

I can say that it is a good method and it works for anyone that knows how to do it. My concern is when will you know when it is low to buy and also know when it is high to sell. The difficulty in knowing the low is the problem you will have. But if your friend can tell you how he was able to succeed you can follow so.

Everyone knows it I good to buy low and sell high but small number of people knows where there will be low and when there will be high.

This approach is a good way to grow ones portfolio, no doubt. But it comes with some level of risk. This is because the value does not always go higher than the value at which it was purchased. One needs to do some work and study the trend to know when to purchase and when to sell to avoid losing out. Secondly, it's also great to consider the coin that would be used for this exercise, there are many more altcoin in the market that don't have a good foundation and could go to oblivion anytime. These should be considered before making an investment decision.

It is very profitable and can grow your portfolio within a short time but you have to know when to time your entry point to avoid loss. One thing about spot trading is that it takes less greed and more patience to get the best out of the market. Lastly you should know when the price is low, average, almost exhausted and high this means you are bound to your chart as long as your trades are open.

This is actually a good practice for newbies and even whale are more often using spot trading cause they taking advantage of their big pot money to move the price a bit or more. Yes what your relative said could be true cause the price is highly volatile and he can do a buy and sell method for his portfolio. Some even risk taker are still into spot than a risky leverage trading where your funds could be wipe if not done properly.

This will really work in the spot trading, moreover for holding. because if we are holding the coins. we can wait for the price to rise up and reach a certain price as we target. This will be different if we are daily traders in which we may think of using stop loss to minimize loss. And we also donat know that in the short period, the price of the coins will be dropped or rise up again. That is why buying low and selling high will relate really to the matter of time, FA, and also the bullish-bearish market era.

Buy low and sell higher is the result/Goal of the application of trading strategies and not a trading strategy in itself, so you cannot implement it in practice, but it is intelligence that makes its owner rich in price, so try to attract it with all the subtraction.

This method is every trader's and investor's dream- buying low and selling high indicates a profit on your end. While this method may sound simple, the reality is that this is a complicated task where both must exercise patience especially that the price of cryptocurrencies are highly volatile in nature.

Buying low and selling high is what everyone must do but in reality, it is difficult to execute given that the price of cryptos are volatile. This rule is also not absolute as you also have to set the parameters in determining what is "low" and what is "high."

Few dollars or not, the point for me is:

Are you making profit in each of those sales? If yes, then it means your doing okay other wise, your just wasting your whole them time and resources when all you could have done is just buy and hold.

I consider holding for long term one of the best way to make the most out of the cryptocurrency market if you are about that and isn't in a hurry too.
This would be much easier if you've got another source of income to keep up with while holding so, you don't get tempted to sell and you've got to be a believer enough not to entertain FUD.

The advice is very simple. Buying low and selling high. But during the waiting for the price to rise up higher, there will be probably difficult rpocess.
You must be ready for long-term investment so that you will not panic every time the price drops.
In this case, the price of Bitcoin is not always rising higher, but this also may be dropped very diply. That is why you must understand about this kind of investment.
You can get high profits if you are patient, butu you may loose easily if you panic easily

What is low and what is high?

Would you be able to describe a low and high price? I know that we can use some patterns like moving averages, golden crosses and such, but I'll give you an example. We were at 30k, after falling from 65k, so over 50% down. Was that a high price? Most traders would tell you that it's more likely a low price than a high one, yet we fell down from it by almost another 50% to 17k.


It's a good strategy if you get lucky. Don't think you'll be able to predict the market each time because the market is often manipulated by whales. For instance when we were at 40k LUNA went bankrupt and dumped a billion USD in bitcoin and then Tesla dumped again at 30k that took us down to 20. These aren't things TA will tell you.

There are several reasons why in practice this is difficult to do for new trader.

1. Panic
A trader who is just starting out, generally panics when seeing their coin drop more than 5%. Because of this they are selling his BTC without waiting the price being recovered. After selling, he did not doing a buy back when the price continued to fall to get additional BTC while drop.

2. Greedy
Already getting profit, trying to find more. of course, you can do that. But you have to prepare yourself for a long-term hold, not just to make a profit today. If your goal is trading daily, then hold is not an option. However, most members on this forum will choose to hold BTC until find a good market condition. However, this is also not a suggestion, to do the same thing.

3. Fomo
Next up is FOMO, people are more likely to want to join the "train" when they see a coin being pumped. Finally, the buy low strategy is not applied anymore, with a take profit target for the short term. Unfortunately, after entry, it could be time for the price to go down/correction. coz they are buy on the peak, back to points 1, they are panics and sell them all just in few hours after buying, even he is loss more than 50%.

So, the conclutions from me, Buy Low Sell High, sometimes not easy like what they said. Do own research, do own analysis, and you can follow your target to buy low sell high.

You can use this method and spot trading is not as risky as futures trading. This is a way to help you hone your trading skills, but spot trading only, no futures or margin trading, it's not suitable for you. The other thing to remember is that trading is not always smooth, so it is a good idea to start with small amounts and take profits every time it is profitable. Trade with discipline, do not be greedy, do not use emotions to trade and the goal is always clear.