'Buying low and selling high method' only applies well when you know the best time to buy & sell. So, in this matter, you also need to mater how to predict the possible next price of crypto coins. Get sufficient knowledge about how to analyzing the chart, is something very helpful for both traders and investors. If you can master it, you can use the "buy low & sell high" effectively.
You just need to watch the market 24/7 or have a bot do the work for you. I agree that buying low and srlling is good but I disagree with what you are saying regarding that, you can just look for the prices from time to time and not predict it, a lot of people will always share about the new ATH of prices whenever it happens so just take your time and don't worry about it too much. 
Topic: simple technique of selling high and buying low. (Read 670 times)
If you are referring to the signal viewing technique for a particular group, I think you should learn that first. Many people have tried this method, but most of them are quite afraid and don't know when to sell and buy it, instead of getting a profit, they don't even get anything. make sure you have a strong foundation before doing any trading technique
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
The title is Misleading , I thought you are sharing the technique as mentioning being SIMPLE but it is the other way around..I believe that there is really no Easy way when talking about profiteering , and if this is what you wanted then Go to Gambling because that's the easy way,, to Earn and to Lose.
'Buying low and selling high method' only applies well when you know the best time to buy & sell. So, in this matter, you also need to mater how to predict the possible next price of crypto coins. Get sufficient knowledge about how to analyzing the chart, is something very helpful for both traders and investors. If you can master it, you can use the "buy low & sell high" effectively.
Buy, Hold, and Sell.
I don't see an ending story for this. It is a common practice since before and this actually working. Have we thought about changing it? I say NO. It was fine for me and I keep doing this over and over again even if somebody will tell me that this is obsolete coz it wasn't.
You nailed it bro,I don't see an ending story for this. It is a common practice since before and this actually working. Have we thought about changing it? I say NO. It was fine for me and I keep doing this over and over again even if somebody will tell me that this is obsolete coz it wasn't.
I usually tell people that long term investments is the best option as a good crypto trader, the fact is that, in trading you keep loosing because when it rises, a trader is recovering from his lost last trades, while an investors buys every dips and at the same time accumulating total number of coin holding. In conclusion, the simple technique of buying low and selling high works if you turn yourself as a coin holder. Make sure you buy at every dips and never sell at lost no matter what.
That's the technique bro.
Since we don't know the perfect time of selling our asset, we prefer to wait and hope that every time there will be always a new ATH and then sell, --next will reinvest after the price will dump, that is the cycle of long term trader. Most of us said it is very easy to buy low and sell high but actually, it is not. Because the crypto price is unpredictable and those who are patiently waiting will always be rewarded compared to those people who will keep panic and sell. But for me, I rather invest and hold it for the long term and never sell for at least another 4 - 10 years, --instead, make it a regular basis of saving your money through investing bitcoin weekly or monthly right after your salary will come.
I look for some of the top falling coins to buy ,hold for some time till prices are up then sell that way i was able to make profits although it needs skills and strategies combined with fundamentals to do so . Crytocurrency market is very volatile so one need to be smart to make gains.
Buy, Hold, and Sell.
I don't see an ending story for this. It is a common practice since before and this actually working. Have we thought about changing it? I say NO. It was fine for me and I keep doing this over and over again even if somebody will tell me that this is obsolete coz it wasn't.
You nailed it bro,I don't see an ending story for this. It is a common practice since before and this actually working. Have we thought about changing it? I say NO. It was fine for me and I keep doing this over and over again even if somebody will tell me that this is obsolete coz it wasn't.
I usually tell people that long term investments is the best option as a good crypto trader, the fact is that, in trading you keep loosing because when it rises, a trader is recovering from his lost last trades, while an investors buys every dips and at the same time accumulating total number of coin holding. In conclusion, the simple technique of buying low and selling high works if you turn yourself as a coin holder. Make sure you buy at every dips and never sell at lost no matter what.
That's the technique bro.
As the word says "buy low and sell high" sounds too easy but the reality of it is that it is very hard to be executed for the fact that knowing when to buy and sell is a challenge already that even long time traders are still having a hard time to put into proper timing.
Yes mostly it is not possible to predict the price of coins but at certain points, you can. Recently Elon Musk made a tweet announcing that Tesla has suspended vehicle purchase through Bitcoins and one would easily guess that the price of bitcoins will come down by some margin and it did, so you can use those timings and trade.For those who are impatient, of course they will have difficulty getting profits even though this method is the simplest and most common way for traders
Yeah, most traders are impatient for right opportunity. When you are in hurry to grab anything then you may grab losses as well. If you are too conscious on choosing right entry points then probabaly you will minimize number of losing trades which is the key for persisting longer in crypto trading.
classic techniques such as buying low selling high are often done by many people here, because the main goal is to get a profit that way. There are no specific skills to do this other than having the patience to be able to target the sales pitch
For those who are impatient, of course they will have difficulty getting profits even though this method is the simplest and most common way for traders
For those who are impatient, of course they will have difficulty getting profits even though this method is the simplest and most common way for traders
Strategies on trading are easy to be stated but hard to put into action for we are working in a highly volatile market on which time is also an incredible foe to be stated since within a time frame many things can happen. It is up to you on how you will strategize your trading. Just be sure to be familiar on the market you wanted to get into before doing engagement to somehow manage the risk associated with it.
But I have seen people making some serious amount of money from crypto trading and the best part is that they know what they were doing so it's not a stroke of luck. It is hard because of the frequently moving market but if you just follow the news and make your trades based on that, it might work.Some traders started shorting BTC once they see the tweet and they made good profits. Elon Musk has the ability to swing the market alone so you should keep an eye on his twitter because sometimes he will pump dogecoin sometimes he will try and dump bitcoins. We cannot do much but at least we can place our moves based on those tweets and benefit ourselves.
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That is a need for us to set our goal before trading. It is very important for us to be guided and not getting worried about the market changes. It eventually showing changes all the time, if we just ignore that and don't let our emotions drive us but rather to stick the plan, that could be very easy. But if we are an emotional trader, this could be a big challenge that we need to conquer otherwise, this will be the reason of our failure and losses.
In fact, trading is not that simple "buying low and selling high" 
There are some analysis and indicators to be considered. Moreover, we don't know whether the price will go up or down after directly.
There are some analysis and indicators to be considered. Moreover, we don't know whether the price will go up or down after directly.
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It is profitable if you aren't a weak handed trader because not all the time there are highs when you are doing that and sometimes the prices that you are waiting for might not arrive for days, weeks or even months so do this with the knowledge that you might have to hodl your coins for a while. Also don't do this if you don't have any cryptocurrency yet, enter as early as you can because you might not find the right price to enter and the price continues to go up.Buying low and selling high is actually a profitable technique of trading which is very easy that even a newbie in trading can follow this process and be profitable as well, but most people sees it so difficult to follow this strategy because some times there might miss out buying the deep in fear of price going deeper, well the little technique I used when I was new to trading was buying every deep and selling when prices goes up, all I do is trade support and resistance and at a point it worked for me, if prices must have moved so high I look for the last support and set my buy order close to it, some times it might take days for the order to fulfill but believe it turns out fetching profit for me.
It is profitable if you aren't a weak handed trader because not all the time there are highs when you are doing that and sometimes the prices that you are waiting for might not arrive for days, weeks or even months so do this with the knowledge that you might have to hodl your coins for a while. Also don't do this if you don't have any cryptocurrency yet, enter as early as you can because you might not find the right price to enter and the price continues to go up. 
this is what becomes difficult in trading. looking for the right time, and looking for the right price. but sometimes feelings get carried away in trading so that we can't focus on the framework that has been created.
You have to keep it together fellow bitcoiner. Patience is the key attributes of a successful trader. You have to get in the proper time and exit before the crash. For this you need money at hand but you have to wait for the market to crash. Less experienced traders who are enthusiastic about the market read the news articles that say "This coin reaches new highs" and that article contains some self-proclaimed genius who feels this is the next dotcom bubble.
These people make the wrong decisions of buying at the high and that my friend, is a mistake you will pay for ever. I always see new threads in this forum when bitcoin goes up and they are asking for advice as to what coin to buy when it actually is the time to sell. Funny that such people dont come here when the market crashes, which is the time to buy.
Long term buyers or investors have more chances that they are going to be selling at a profitable rate. But for short term investors, it’s going to be difficult, unless you’re highly skilled and can predict the price movement within a short period.
There are big differences between long-term and short-term trading and obviously on what coin you are holding will be deciding your levels of profits even in long run. Because, I am seeing lot of people are crying for not making any profits after holding shitcoins for years. Always planning with bitcoins for long term holding will definitely get us big profits but unfortunately not all the people are listening to this kind of suggestions.However the wrong part is that we are talking about something much clinical when it comes to "shitcoins", which is the part where we do not really know what is a shitcoin. I believe dogecoin is a shitcoin, it always was and it always will be, the supply is insane and centralization is crazy and some dude just tweets about it and the price goes up, that is just not normal at all. Which is why if we can say which one is shitcoin, we wouldn't buy that neither and people just fail to see which are and which aren't.
profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.
Lol it’s not a simple technique, you can miss it at anytime. Unless you have plans to be investing and holding it for a very long time before you sell it. Long term buyers or investors have more chances that they are going to be selling at a profitable rate. But for short term investors, it’s going to be difficult, unless you’re highly skilled and can predict the price movement within a short period.I would rather choose to hodl for a long term than do the short term trading because without an understanding about the market is just like gambling. It may sound easy to buy low and sell high but to be honest, it's not. Even the most skilled trader still lost in trading but that doesn't mean they can't regain it back unlike those who aren't skillful enough would lose everything eventually.
I also want to add a few tips as follows:
This can be in the form of trading or investment, but there are a few things that need to be considered again, namely you need to determine your target. How much do you want to make or need later. So that you don't worry later when you get enough profit, but you just keep on going. ..
This can be in the form of trading or investment, but there are a few things that need to be considered again, namely you need to determine your target. How much do you want to make or need later. So that you don't worry later when you get enough profit, but you just keep on going. ..
If you incorrectly determined the selling price of a coin and sold it much earlier than the moment when it reached high, you may be out of the market for a long time. Because in this case, you may not be able to buy a coin for a long time cheaper than you sold it.
Long term buyers or investors have more chances that they are going to be selling at a profitable rate. But for short term investors, it’s going to be difficult, unless you’re highly skilled and can predict the price movement within a short period.
There are big differences between long-term and short-term trading and obviously on what coin you are holding will be deciding your levels of profits even in long run. Because, I am seeing lot of people are crying for not making any profits after holding shitcoins for years. Always planning with bitcoins for long term holding will definitely get us big profits but unfortunately not all the people are listening to this kind of suggestions.if you can’t do that analysis, your success in trading is definitely going to be a really difficult thing.
People are having alternate when they are not good in analysis; they are going for buying signal from third parties or some platforms/brokers are providing copy-trading facility which gives opportunity for anyone to make profit trading without the need of any technical analysis skills. I also thought trading was as simple as Buy Low Sell High but I can't determine which is low and which is high. Yesterday I was talking to different persons that are now involved to trading and I guess they knew more in trading than I do. I did research and I found something which is "support and resistance" that refers to the price chart. Determining the two before trading may help you pinpoint on when to buy and to sell plus the use of stop loss to prevent losing too much of your money.
Yes and that’s why trading is not an easy work, if you can’t do that analysis, your success in trading is definitely going to be a really difficult thing. If you do follow up with cointelegraph, they do all these analysis with support and resistance still it would be better if you learn your technical part which will help you trading profitable without depending on any signal providers. Trading is simple if we learn how to predict the movement of market directions. Jump to: