Pages:
Author

Topic: Buying low selling high ain't always successful - page 10. (Read 1241 times)

sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
That may be because you did sell it in a wrong time, and in addition man, just once you bought a coin that doesn't mean it will go higher after. You have to wait though, and tell you, imo, buy low and sell high is the most recommended approach here, well there are some complex one but this is the most safe, and the most used by people. Indeed, irritating when you buy then suddenly it goes lower than before but just wait and sooner or later it will pump even a little and when it goes higher over the point when you bought it then don't be afraid to sell it. Your may be a still a new one, keep going man, explore.
hero member
Activity: 1918
Merit: 564
We need to be skillful and knowledgeable before we do trading. Buying Low and Selling High is just the basic principle that we need to follow but if we wanted to really earn that much. We need to master the art of trading. Learn to perform technical analysis and forecasting. After mastering that, I think we are ready to go.
hero member
Activity: 2814
Merit: 576
yes for now it is still very difficult to predict whether this has become the lowest point of the price decline.
because if you buy now maybe the price will still go down again.
it's better to wait until market conditions show an upward movement.
yes, you must routinely see market conditions so as not to miss a moment.
The market is very unpredictable and you won't know if today's dip price will be much dipper tomorrow. Or the high price you think today will be much higher the next day. So it takes more patience to understand the market and if you don't want to lose, just prefer long term holding until its price surges high rather than short term trading.
full member
Activity: 1554
Merit: 101
yes for now it is still very difficult to predict whether this has become the lowest point of the price decline.
because if you buy now maybe the price will still go down again.
it's better to wait until market conditions show an upward movement.
yes, you must routinely see market conditions so as not to miss a moment.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
It always depends on the coin for talking that you are buying because sometimes there are cards and tokens that have a low price or low value but sometimes it pumps up or increase its value of time. So the thing is you must research on how the market is going and what is the probability of the coin or token that you are holding or buying to increase or pump up.
Don't stop on buying low coins just because you have experience a huge loss but make it a lesson on how you will be able to get or recover on the losses that you have done. Sometimes proper research is the key on success.
hero member
Activity: 1582
Merit: 523
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
This is really the fact in crypto that price is unpredictable. We don't know when prices could be in favor of our plan that we could at least earn a profit. When buying in dip the best thing to do is being patient in order to gain since the price has its unpredictable movement. It may become unsuccessful actually when trading crypto so at least invest in what you can afford to lose.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

That's one of the bad sides because there is no such thing as a sure investment, but the formula has been buying low and selling high and this will not change, it will just go wrong if you are not doing analysis and the market goes to the opposite and did not go to what you've expect to happen, but this has been the formula it will only go wrong to the investor who nade the decision.
Indeed, the rule for profitability in this market, even for many other markets, it will be to buy low and sell high but buy how is low and sell how is high, perhaps no one can answer this question for us because this market is a combination of many mathematical examples, from simple to complex, the actual recipe is available but everyone's application and conversion are different. Sometimes our thinking is good and applied correctly, profits will come but sometimes our minds have flaws and losses are normal, only can try and constantly improve to maintain high success rate
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

That's why you're advice to develop an investing strategy that has to do with buying your coins in section or fraction as the case may be. Assuming you intended Investing $10,000 when the next correction occurs, you don't go all in immediately instead divide your capital into fraction like 4 places (that's $2,500 each) as this will present an opportunity to buy at any new all time low the market achieve until you exhaust your capital.

I don't see any bad side of buying the dip unless you're the type that isn't patience enough to wait for the market to yield you profit. If you do your research well you won't get caught in bear trap.
legendary
Activity: 1498
Merit: 1000
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
Sure, how do you know the exact market situation? How do you know when the price is right to buy? All is theoretical for buying low and selling high. But when you put it into practice, it is very difficult to apply. So giving up such investment is an entirely accurate plan. You should have a better and clearer investment strategy
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

You will need to get used by those events.
What coin are we talking about here? Ethereum maybe?
Because it is one of the coins out there which recently dropped for a lot.

But there is more heart breaking that this.
I have been following one of my tokens under ERC20 by now and it had been looking good. But, I said to myself when Ethereum goes down then my ERC20 token will need to rise.
Guess what? Nothing happened and  it goes deeper too.

Shit happens. We need to swallow the truth or we will be left with so much regrets.
legendary
Activity: 2366
Merit: 1408
The concept is easy, buy low, sell high, but how to know when is low and high?  Cheesy

What I do here, and most of the times I can succeed is:
When BTC reached 10,200 for example, I sold some of my coins because I know that when reaches some round price (10k) or a price that we are not seeing for some time, a dip will come for sure, and then I buy again in the 9,600 USD, so I won some satoshis
But nothing is 100% certain
member
Activity: 1260
Merit: 21
You don't expect to always have success all the time in market, and even buying low and selling high will not always grantee success, because there is a tendency that the price will go even lower than when you bought, in this case you need to wait it out for price to come back to the point where you can sell,

this is why it is not easy to be a trader, it requires lot of patience and determination to succeed,
just yesterday i saw btc was low, i contemplate on buying, this morning i work up to see it even lower, so you can't always get it right, best thing is hodl for market to recover.
full member
Activity: 1498
Merit: 146
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
And you forgot about the being patience part to make profits,you can't expect the buy low and sell high strategy work for everyday it needs a complete cycle to make the real profits so buy the dip and just forgot your coins then comeback when you are seeing huge bullish trend on cryptomarket to make money.
full member
Activity: 1442
Merit: 106
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

Buying the deep is a part of the invstment and not necessarily trading. Most people are actually awaiting this privilege for them to take advantage of and "fill up their bags". Supple investors consider dips as a perfect time to take a dive in as their assurance is that someday in the near future, they will  have their investments paying off even more than %100 on their investment.
full member
Activity: 896
Merit: 115
The issue about buying the dip is that you can never know how long the dip will be so if care is not taken , it can lead to frustration but with patience you won't lose. But the scope is to set different levels of buying a dip and it requires a good capital and it's management.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If you want to trade choose top coins like Bitcoin or EOS so that when you choose the wrong path like buying low and price keeps getting lower your mind will be at rest because later the price will surely recover

But sometimes, it will difficult to predict when bitcoin will go down and go up. And like what we see now, bitcoin price is down, and many people not expected to see the bitcoin price reach under $9k but the truth, the price still going down and we see the price touch $8700 level price. So even if you buy bitcoin at a low price, it doesn't mean bitcoin can go down because we don't know what will happen to bitcoin. We can only hope and expect to see bitcoin will increase.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
It is true as you say in the world of trading we are not always profitable, when the price starts to go down then do not directly buy it we need a good analysis if it is suitable to buy it then we take tundakan not until we Stuck with a price change, because it is very risky if we do not analyze well, and do not happen as you say.
This market needs a lot of knowledge to survive because you may not always be able to make a good profit from this market. In addition, the constant volatility of the market often causes a lot of investors to lose money and that is why you should only choose to invest when altcoin season appears. For me, this is a very good time for you to consider because a lot of cheap coins for you to invest in this time.
legendary
Activity: 1890
Merit: 1003
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
The unstable market conditions give us the opportunities for making gain but I agree,sometimes *hit happens and we have no choice except accepting the failure. That is the reason why I never go in a single trade more than I can afford to lose. The dip is not rational and then there is a chance of going dipper than the current dip. This is a wild market and everyone should cover his back.
full member
Activity: 1330
Merit: 147
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
Many people there which is same with you including me, a few day ago when the most altcoin were increasing I collect some altcoins as much as I can especially on TRON, at least I have spent $500 to buy Tron and till now I was late to sell them because its price has decreased. Now, I'm deciding to hold them for at least to avoid a lot of lose, I will sell them when I got profit although it is small.

You may need to have more patience when you find this situation. If you can't control it I believe you won't be benefited even you will always lose when you try start buying some coins. So, don't make any stupid decision because hold is more important when you are losing some money. And you can take this situation as a learning in the future, because the cryptocurrency movement price will be a little same.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Guess no one saw the dip coming  Grin same thing happens when Bitcoin hit 19k in 2017, analysts and co are always wrong, like 60% if they are professionals, you need to start making decisions yourself, who knows? Might just favour you more than relying on analyst, crypto is unpredictable and USDT owners will be smiling right now

Of course a few did, some had been calling it for weeks actually, but yeah most people thought consolidation, but you know, this shouldn't be a surprise. 10k has been really tough to overcome and every retracement seems to suggest a big dip is coming, and people needed to take profit quickly before the quarter expired. smart move I guess now to rebuy in.
Pages:
Jump to: