Topic: Buying low selling high ain't always successful - page 2. (Read 1241 times)
The volatility of cryptocurrency makes it very unpredictable, there is no times as the best to buy because you don't know what happens the next minute. About 3yrs back I bought Powr token when it dip, shit went dipper for like 1 year it never came back to the price I bought. If you buy in dip or in bull and still made profit you should count yourself as a lucky person. Cryptocurrency market is a hard task even to those that can study the graph 📊
You are moving in the right direction. There is no guarantee that anyone will be tricked into buying if they are tricked into buying. However, if someone buys a win at the time of purchase, he will never fall into the loss of God. Because he was awarded of the subject and went towards it.
It is painful when you buy the dip and it just keeps getting dipper or you take profit and convert to usdt only to see that the coin you sold keeps pushing up in price. The best thing is to swing trade frequently and utilize stop-loss 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
If you pass more time in cryptocurrency, you will more experience. From me I would advise you to passed at least 4 years then you will know what is coming pump or dump. In 2018 everyone was felling frustrated for crypto situation, some investor didn't believe that it will turn back. But who has experience, surly he knows that price will turn back. Still altcoins price is flat, you shouldn't miss 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
If you pass more time in cryptocurrency, you will more experience. From me I would advise you to passed at least 4 years then you will know what is coming pump or dump. In 2018 everyone was felling frustrated for crypto situation, some investor didn't believe that it will turn back. But who has experience, surly he knows that price will turn back. Still altcoins price is flat, you shouldn't miss it.
It will only not be successful if you get in the haste to sell your holdings once you realize that the coin is not rising anymore after you bought the dip. first of all, before you ever go into such purchase you should have observed the coin's market trend over the time to know its high and low so that when you buy you have some assurance that once the crypto market start to boom all over again it will surely rise to that price.
everyone has different strategies and methods before making short-term trading or investing in the long term. but generally to get profit is to buy low and sell when prices are high. this is relatively easy but sometimes it doesn't work because people are too naive or want to get more profit without them knowing.
people are naive in that they invest and want to make huge profits in a short time, but in order to make a profit in the short term you need to have a lot of experience as a professional trader or you should have some information which no one has No trader will always be 100% correct with their trade analysis and trades. You just have to accept whatever the market gives you and bow out. Losing a trade doesn't mean the end.
OP probably cannot decide what to do. You either day trade and if the price goes lower after your purchase you sell at a loss and buy again to start a next trade lower, or you go for swing trades and if it goes a bit lower you keep holding waiting for it to bounce back up. If it bounces back lower than you bought you still sell at a loss and this is your failed trade but if it goes higher you profit.
If you buy like a day trader but get discouraged by every small loss and don't buy back lower out of fear of repeating the loss you will lose the money anyway but also the chance to get back on track.
everyone has different strategies and methods before making short-term trading or investing in the long term. but generally to get profit is to buy low and sell when prices are high. this is relatively easy but sometimes it doesn't work because people are too naive or want to get more profit without them knowing.
I was caught in this few days back when I bought neo at 7$ but I have to wait for weeks and now neo is at 8$ per one, I guess the real trick is waiting for the right time, crypto trading requires one thing that's patience
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 on average will be the right solution, if you can read the indicators, then you can know when the right time to collect them, but if not, then you will as you have done so far, focus and stay calm that is the keyThe average price is something that can't be determined easily and we must try to take various level of price to anticipate the bottom but buy the bottom price always become the best decision.
No trader will always be 100% correct with their trade analysis and trades. You just have to accept whatever the market gives you and bow out. Losing a trade doesn't mean the end.
yes, buy low then sell when prices are high sometimes it doesn't always work. but from there you can find out how to manage capital and get profits when investing in the short term. important for a trader, must be mentally prepared, can manage financial management well, not greedy, and always monitor the coins you trade.
Your strategy is not out of the ordinary, such a business policy is capable of delivering good results and there is great potential for greater profitability. However, it is doubtful whether the same policy will work repeatedly. Therefore, if you do not walk in the same direction, sometimes changing the way of the walk, you will not be able to eat the hatch.
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 on average will be the right solution, if you can read the indicators, then you can know when the right time to collect them, but if not, then you will as you have done so far, focus and stay calm that is the key 
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 don't think so? The way I think was if you buy coins or tokens on a very low price or value then there is a high chance that you may be able toearn more because when it pumps up you can sell it more or much higher in which you can just earn money and profit by just doing that.
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
Dont just buy and buy low prices . Just read the news about them. Join the telegram group of the coin your investing on it might help you . And if youre buying on known coin its okay to have a long term when you bought it on low price. Because it will rise up soon. Cryptocurrency will take over the world because of technology
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
Actually that's inevitable event. What is hard about buying low is the fact that the bottom cannot be distinguish well especially when btc is always volatile. With this current market, I think many got rekt since all thinks that bull run is approaching while it still at 10.5k price then boom it go down easily to 8.5k and could go lower than what we expected. With regards to OP's decision to stop buying during the 'low' periods, well, that is not a bad thing to do. It would be worse if one would push things to go with his own likings because in the first place, that would be impossible. Frustration is more likely to be the outcome. But there are still people who believe that much. It seems like they are making their own opportunity from investing on coins in which will have a comeback, and doing so for them, is worthy. We just do all have our own methodsin this market.
That method of trading seem to work for the years back when the cryptocurrency market was very fresh and bullish like no other but we'll know how different the cryptocurrency market looks now as it is not easily be match any longer.
This is still the same volatile market, be specific on the year because if you are referring about year 2017, then of course trading is easy as most coins are very predictable, in fact I made great profit that time.But, if that was before 2017, market is still volatile, its unpredictable and we can compare the same market now.
The thing is, we should not think that trading is easy at any situation as that would make us very unrealistic, we need to study the market and familiarize its movement, and it should be a continues study.
That method of trading seem to work for the years back when the cryptocurrency market was very fresh and bullish like no other but we'll know how different the cryptocurrency market looks now as it is not easily be match any longer. The get quick rich has gone to exit. Before you can actually make some decent gains in trading you must understand how to exploit opportunities around the world of cryptocurrency and not just buying low and sell high. Don't be deceive that buy low and sell high is all about trade be warn.
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