Buying low selling high ain't always successful - page 7.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: qtronix on February 29, 2020, 05:58:23 PM

It is not always easy to determine the entry point. I agree with you on this. But nothing is impossible. If you constantly study trading and improve your level, then your trade will bring you profit.

Getting profit really depends on your entry and exit points. And yes, it is hard to determine such vital points. But if the OP will give up easily, he will not learn his personal tricks to attack crypto trading. And also, if you are into trading of a specific coin, he should do some studying of that coin, check their social media channels, because you'll never know, you can get hints from the developers if they are selling or buying. Trading is not an easy task. It requires patience, time , and resources. So you should be ready to face these troubles when you are into trading.

qtronix

member

Activity: 596

Merit: 10

It is not always easy to determine the entry point. I agree with you on this. But nothing is impossible. If you constantly study trading and improve your level, then your trade will bring you profit.

oscarftw

sr. member

Activity: 573

Merit: 250

Quote from: joseyphil82 on February 27, 2020, 01:27:52 AM

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 this situation is totally matching to new coin which are listed in any exchange. For old coin still you have chance to buy any coin, only purpose is they are all in dip price. And you lost interest for new coin, if you can mention we could research on it. By keep doing from dipper to surge, you could make good profits.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: retnocintaku on February 29, 2020, 04:48:55 PM

For me, it's not easy by selling coins to get profit. I bought a high-priced coin, but Bitcoin has always declined. It also impacted altcoins, so I had a disadvantage. Bitcoin price changes in a few months are very difficult to predict. So you should also keep analyzing and buying coins when the price is completely below. And sell coins when you've got a profit.

That was supposed to be happening, but it is quite different from reality where weak hands will sell their coins especially when they saw declines and bad news. It actually dragging them down and can't think the right thing to do but to sacrifice and lose their money. It was so sad thinking how these people easily give up without considering the minds of others who would like to help them become strong and help them not to lose.

If we are a smart person, we must have to know also a word satisfaction and not being greedy always. If I could see I'm already profiting even just 1%, I sell my coins that time then buys back again when the market shows declines. That's all we need.

retnocintaku

member

Activity: 588

Merit: 10

Decentralized Ascending Auctions on Blockchain

For me, it's not easy by selling coins to get profit. I bought a high-priced coin, but Bitcoin has always declined. It also impacted altcoins, so I had a disadvantage. Bitcoin price changes in a few months are very difficult to predict. So you should also keep analyzing and buying coins when the price is completely below. And sell coins when you've got a profit.

rajsimran

full member

Activity: 714

Merit: 100

Quote from: joseyphil82 on February 27, 2020, 01:27:52 AM

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 one of the main rules in trading.buying low and selling high.but no one know that what is the low price or what will be the low price.If you don't know how to read the charts then it is difficult to know the dip even who knows how to read the charts they also failed to predict the dip.For you I have one suggestion don't buy any coin or token when crypto market is bleeding and pumping.Try to buy if you think that market is stable, maybe it will be helpful for you.
I want to ask you one thing,If Re: Buying low selling high ain't always successful then which is successful? would you please tell me? because I am not agree with your statement.

bttmember

member

Activity: 938

Merit: 13

AMEPAY

Buying low and selling high is an ages old strategy and it does not work in modern markets especially if you are an active day trader, the stretegy does work in longer time frames to some extent but then again you have to be sure of reversals.

Gladiator25

full member

Activity: 232

Merit: 113

★777Coin.com★ Fun BTC Casino!

Quote from: joseyphil82 on February 27, 2020, 01:27:52 AM

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 do things like this, buying bitcoin at low price and selling bitcoin in high price, you need to have more patience. Patience is the one that will help to make that technique be effective. If you are really tempted to spend your money and can't wait, well, buy low sell high technique will surely not be effective as you'd think.

hwteeer

newbie

Activity: 112

Merit: 0

Quote from: witbla on February 29, 2020, 12:15:07 PM

Sounds very attractive from your words, thanks for the recommendation. Let me have a closer look and share my thoughts

Yep, share, curious to know. Cause I haven't found any alternatives of same high level

witbla

newbie

Activity: 154

Merit: 0

Quote from: hwteeer on February 29, 2020, 12:13:28 PM

Talking about me, the most advanced discovery is GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion. Of course, I also recommend you to have a closer look at their website to have a deeper understanding of unique features guys are coming with

Sounds very attractive from your words, thanks for the recommendation. Let me have a closer look and share my thoughts

hwteeer

newbie

Activity: 112

Merit: 0

Quote from: witbla on February 29, 2020, 12:12:08 PM

That sounds interesting. Cause yeah, the industry is traditional. And have you found any truly advanced one? Can you share? Very curious to know

Talking about me, the most advanced discovery is GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion. Of course, I also recommend you to have a closer look at their website to have a deeper understanding of unique features guys are coming with

witbla

newbie

Activity: 154

Merit: 0

Quote from: hwteeer on February 29, 2020, 12:11:07 PM

Hello. I absolutely agree with you on that. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value

That sounds interesting. Cause yeah, the industry is traditional. And have you found any truly advanced one? Can you share? Very curious to know

hwteeer

newbie

Activity: 112

Merit: 0

Quote from: witbla on February 29, 2020, 12:10:00 PM

You know, what makes sense, blockchain solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile blockchain solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

Hello. I absolutely agree with you on that. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value

witbla

newbie

Activity: 154

Merit: 0

You know, what makes sense, blockchain solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile blockchain solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

shaheer001

full member

Activity: 1274

Merit: 100

I think you select only one coin in top exchange like Binance, Okex, etc and watch its weekly trend and set the lowest and its highest value then always make Sell/Buy order on those values, I am sure you will get a good return but time-space is required.

bgaf

sr. member

Activity: 644

Merit: 257

Worldwide Payments Accepted in Seconds!

Quote from: fortunecrypto on February 28, 2020, 11:05:53 PM

It's part of the game but the formula will not change it's the inverstor's fault why it won't work, market is unpredictable you never know after you bought on what direction it would go next but one thing I'm sure of is the market will eventually recover and all the top coins will have another all time high.

I hope this come too. I have some altcoins at my disposal which doesnt have value and when the bull run season arrive I do hope that I can see again another all time high price for some altcoins. Trading is really pain in the ass and not everybody have patient with it, more importantly when the market becomes an up and down pattern like whats happening today.

xvids

sr. member

Activity: 1176

Merit: 301

If only it is as easy as it sounds, Most of the people when you ask them how to trade the only answer that you would get is buy low sell high,
I am also one of those who give that answer since I don't really have much time and it is hard to explain.
And it isn't always that way there are some crypto that you could buy at a high price but would also continue to go up.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: betty11 on February 28, 2020, 10:45:05 PM

Well this depends on the coin you are trading, if you trade in sat, it's going to definitely affect the price because of bitcoin correction, well I have been trading WRX, Hbar and Stellar on binance, I am not ready to cash out yet but just to increase my bag, I buy low and sell high, repeat the same again. This takes patience and discipline as trade may not easily hit target. Just do what works for you. Trading is way better than bounty.

Indeed, it takes patience and discipline to be able to do this effectively. Buying low and selling high is still the best strategy to gain profit in crypto but this depends on the coins that you're going to buy. So if this not works for you it doesnt mean its not effective for other traders because we have different strategy when it comes to the coins to buy, how long you will hold and your set price to sell.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: joseyphil82 on February 27, 2020, 01:27:52 AM

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's part of the game but the formula will not change it's the inverstor's fault why it won't work, market is unpredictable you never know after you bought on what direction it would go next but one thing I'm sure of is the market will eventually recover and all the top coins will have another all time high.

betty11

copper member

Activity: 448

Merit: 3

Well this depends on the coin you are trading, if you trade in sat, it's going to definitely affect the price because of bitcoin correction, well I have been trading WRX, Hbar and Stellar on binance, I am not ready to cash out yet but just to increase my bag, I buy low and sell high, repeat the same again. This takes patience and discipline as trade may not easily hit target. Just do what works for you. Trading is way better than bounty.

Topic: Buying low selling high ain't always successful - page 7. (Read 1241 times)