Topic: Buying low selling high ain't always successful - page 11. (Read 1241 times)
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.
Sometimes you end up losing more satoshis In the hope of making your Bitcoin grow in numbers, trading is dangerous and profitable at the same time, in which ever state you find yourself do not give up
That is what is called risk in a trade, because any coins and tokens traded by someone always have a risk of loss, even more so in conditions like now, where the market is still not so stable on some altcoin top and bitcoin.
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
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
I guess you just made a wrong action by just letting the time passed without knowing what happens next. If you are buying in a dip and your order was filled, you should not let the time passed by, without any update on the market situation in the next couple of hours, you should have a notification in your phone regarding the price fluctuation particularly the crypto that you hold, I don't believe that the market continued to dive without interval. the lesson to learn from my own mistakes is don't after on a big profit it may affect your decision as a trader. 
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
If you are going to do the buy low and sell high principle, I would suggest that you better do it on the coins that is one the rankings since those coins has the ability to rise up or cope up after the price drop of it. Unlike those coin that is not on the rank, they will have a hard time to do an comeback since they do not have that much supporters.
Unfortunately, there is such a thing, so you need to wait for the best moments when any cryptocurrency will fall and then already you need to invest in those cryptocurrencies in which you want, for example, when bitcoin was 3k$, in that time was great chance for investing, and now of course it's already scary to invest in bitcoin, because bitcoin could fall again in price.
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.
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
For the time being it is not good to make purchases on all altcoins even at the lowest prices, because the condition of falling prices on many altcoins is still happening today, and that makes some traders just monitor the market without doing anything.
Sometimes you end up losing more satoshis In the hope of making your Bitcoin grow in numbers, trading is dangerous and profitable at the same time, in which ever state you find yourself do not give up
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper.
There is something called support and resistance levels. I am sure you have learnt about those but have not been able to apply them in real time trading which is not uncommon. When such things happen. You have to buy again at the next dip if you have money at hand and ready to use. Once you run out of your stored capital for such purposes, you can stop. Note the different buying levels and then sell those lots at the corresponding selling level of your wish and when such levels are reached. Thats how you make money from this.Quote
You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
You should never buy the rise. You are using a flawed logic here. Read what I have explained. 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
First of all you have to make the target, if you have intention for short term pariode you should have more understanding how trading work, it means you have to know the startegy either technical analyst or fundamental analyst. If you just buy right now and you don't have target profit then you will not be profitable. Like this time, a few days ago the market cryptocurrencies are really promissing but right now it is really different, most of their price are decreasing a lot and you will be lose a lot of your money. 
Buying low and selling high will not always work, especially if the market like this. It will be difficult to know when to buy and when to sell because the market can not be predicted. Maybe we can buy at a low price, but no one can guarantee that the price will not go down for more, and at this moment, I think we need to trade with care if we want to reduce the risk. But I think there is a chance for us to make a profit although not much, but it is worth to try so be careful.
Does that mean you will give up trading? because what we always do in trading is always to buy at low prices to sell at high prices or to sell at high prices and to buy at low prices. The truth is that the method is always right only the way we do it is wrong.
Buying low and selling high works for me most times but sometimes you can't just predict right and the solution is having patience, the best coin for trading is Bitcoin, it always recovers, you aren't actually in loss unless you sell
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 are not alone my friend sometimes I also feel that way and this situation reminds of this video.There is always a risk in investment so we should always be prepared for it and always make some back up plans because it wouldn't always go as we plan it.
It is hard to predict what would happen next in crypto market it could always continue to go down or bounce back so we should always remember to invest only what we could afford to lose, Don't put everything on it.
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're probably doing it the wrong way. It's better to reserve some reasonable amount in stablecoin, and use that for buying dips. If you are monitoring a coin and the price of the coin dips, you buy the dip....if it dips again, you buy another dip... if it dips 3rd, 4th, 5th times you buy the dips. Better to just focus on major dips especially if you are not day trading.
When price starts moving up again, you can then decide to sell or hold. I usually reverse sell the exact amounts of dips I bought as price goes up gradually
It is also advised that you leave some amount of coin for long-term holding, so you don't miss out when there are serious bull run
Simply because the market is really unpredictable. No one really knows when the prices will go high or when will the dip approaches. Even reading the charts and listening to crypto professionals won't give us the guarantee and assurance of 100% accuracy of the future prices. The best thing that we can do is just to have patience and be hopeful of our holdings.
Guess no one saw the dip coming 
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
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 nowIt personally feels like 90% of "analysts" in social media are wrong even tho they refer to charts and patterns.
It definitely is more effective to make your own decisions at least for better understanding of the market.
If I buy at the dip I feel pretty comfortable to see currency falling further because I've seen a bunch of times when currency is falling compared to USD, but its growing compared to btc (btc wasn't falling at the moment).
So I can exchange my currency to btc in order to prevent loss and it works just fine.
If you don't know how to read charts its better to invest in Bitcoin for long term holding not trading, it's risky for those who don't know how to handle the pressure and disappointments along the way, this will make you to make the wrong decisions, if you are still with your Bitcoin then be patience, this time will pass again
Agree, Because the world of trading is not just a buy low sell high, we are also required to be able to read charts by technical analysis and it's not easy, it takes a long time so that we can master it. For that reasons, people prefer saving BTC as a long-term investment.
Til date I don't like trading, you get rekt easily either leverage or not trading is for the pros, if you ain't one then learn if your heart desires, as for myself I prefer holding my coins till they surge and I pull off my gains
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