simple technique of selling high and buying low. - page 3.

cyriljundos

member

Activity: 432

Merit: 10

Bitfresh - iGaming with 90s UI

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

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.

Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading

Rehan Zakir

member

Activity: 812

Merit: 53

This is the best technique of earning in market. A very popular proverb is " Buy when every one is selling and sell when everyone is buying". But if you are a day trader then takes small trades and use RSI indicator for buying and selling. And buy when RSI is on 20% and sell when RSI is on 80%.

MCobian

full member

Activity: 1190

Merit: 117

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

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.

I don't think it's too difficult to buy coins at a low price and sell them at a high price. To buy coins at a low price, I usually wait for the coin price to drop
above 20%. And I will sell the coins when the price has gone up above 10%. The most important thing is there is no need to be greedy to make profit
in cryptocurrency, because for me there is no need to generate large profits, the most important thing is that we can generate profits on a regular basis,
it is very good. I am sure everyone has a different strategy, no matter what strategy is used, as long as it is proven to be profitable it's already very good.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Trading couldn't be just an imagination but it is a need more on executions. Buying Low and Sell at High...pretty easy, right? But wondering why many we're still not able to get it and earn profit with that strategy? That might probably because they are too careless and impatient person. And this kind of behavior will bring you down and helps you nothing. If we are going to succeed, we have also to follow our plan and that is to sell high, not in panic.

Rengga Jati

hero member

Activity: 2072

Merit: 656

royalstarscasino.com

How do you define"buying low and selling high"?
At what rate it will be?
Well, actually as you said that it is not as simple as we think about buying low and then selling high. How if the price is going down again and again?
That is why we cannot define exactly that the price is at the dip and we may be also not fully exact that the price is at the top.
commonly, we can buy it at a certain price and then selling it at a certain price, with several percentages of rising. However, we cannot also determine easily whether the price is suitable to buy. That is why it needs fundamental and analysis technical to make it more sure. I don't say that those analyses will make 100% true predictions, but at least they can be used for certain considerations.

taufik123

legendary

Activity: 2716

Merit: 1855

Rollbit.com | #1 Solana Casino

Buying Low and selling high may seem simple, but trading won't be that easy.
It doesn't matter how to buy low and then wait for the price to go high. The main role is psychology when trading. psychology when trading will continue to play. The buy low sell expensive strategy will no longer apply if the psychology begins to become unstable and panic easily. In fact, it will reverse, namely to buy high sell low.

Trading requires good psychology and basic lessons about trading, namely technical and fundamental analysis. Without that, of course, trading will not go well.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: ice098 on April 30, 2021, 03:37:11 AM

We may prefer this buying low price and selling at high price a simple technique or should I say a basic strategy to earn a profit from crypto or from trading but to be honest this simple thing that we ought to think is simple was not really used or being useful in real life.

That is because nothing will be helping us exactly to find out where is high or low is happening. It means we need to assume ourselves at some point one price level could be a high or low and then we need to trade along that. Actually technical analysis are helping us to find out high and low. So, when we are good at technical analysis then we can easily make profits.

When market conditions are suddenly changing, those high or low levels also accordingly changing and this is the reason why technical analysis are sometimes getting failed.

ice098

hero member

Activity: 1498

Merit: 586

Quote from: Dilerium90 on April 30, 2021, 01:08:40 AM

A smart trader with extensive experience will unequivocally tell you, that it is impossible always buy at the very bottom and sell at the very top of the market. It is impossible, even knowing technical analysis perfectly. It is much more important to take a small section of the distance and make money on this movement.

We may prefer this buying low price and selling at high price a simple technique or should I say a basic strategy to earn a profit from crypto or from trading but to be honest this simple thing that we ought to think is simple was not really used or being useful in real life. Like for example, buying bitcoin at the lowest price of $3,000 way back 2018 and selling bitcoin to $54,000 today isn't really possible. I mean it takes time to buy low and sell high. It cost you time and it really need to have a patience to be able to do these action.

SacriFries11

sr. member

Activity: 882

Merit: 253

Quote from: kolbalish on April 29, 2021, 11:47:04 AM

Yep of course it is a simple technique. Still it is not that there is no other technique without this strategy. Everyone has their own strategy. However, many have become millionaires using this simple technique. Furthermore, anyone has attained a lot with his own procedure. It depends wholly on yourself. However, in all prosecutions, the market research must be maintained.

If we are using the buy low sell high technique, it takes time for us to gain profit but I think it's the safe way rather than trading. If we own small amount of capital, we should learn to be patience. I really take time to get a big profit rather than people that have huge capital, a small pump can easily gain the huge profit.
Even it's just buy low sell high, we must also know when to buy at the right time or to sell. In my opinion, it doesn't matter if I sold them quickly then continue to pump. I'm just proceed to other trade that can give me another profit. Best time to sell is when the price breaks the all time high, then wait for the correction and buy again especially today is the time when tokens breaks their all time high because of bullish market.

Dilerium90

full member

Activity: 756

Merit: 108

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

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.

A smart trader with extensive experience will unequivocally tell you, that it is impossible always buy at the very bottom and sell at the very top of the market. It is impossible, even knowing technical analysis perfectly. It is much more important to take a small section of the distance and make money on this movement.

so98nn

hero member

Activity: 2114

Merit: 603

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

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.

Well, it is seriously not that simple! I have tried to master my emotions for that matter. I believe that there is only one reason why we fall for the honeytrap of selling at lower while actually you had to wait for more time to get at right spot!!

The only way to be at right spot is by mastering your emotions. You should be controlling the panic sells, FOMO investment, all these terms must be out of your league all the time. If you fall for any of this, then everything is messed up. I have seen my investments touching almost break even point and then coming back down heavily, but you have to stay stable and not to sell in the panic. It will come up one more time, thats what crypto is all about!

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Fatunad on April 29, 2021, 06:35:05 PM

Simple technique but would really cost you if you dont able to done it well.Due to unpredictability then guessing price would be the main play on here.
We are keeping on guessing on what would be the next movement on next minute,hour,day or months.Also not all are active traders because there
are whom do focus out on hodling or making swing trades and not doing any active trading techniques.Usually people do commit on the opposite
manner or result on which they have sone Buy High Sell low and this is on the time where people do panic on.

That requires market analysis to avoid the unpredictable losses. However, no matter how good we are but our speculations will remains inaccurate. Losing could somehow be minimize but can't totally stop it. If we are impatient and get easily frustrated the more it brings is losses.

Trading is just like gambling, it sometimes we ask for good luck. If we are too aggressive and greedy person, most likely we are the one who usually commit mistakes and losses.

wahyu wida

full member

Activity: 826

Merit: 100

Quote from: Nanda Dewi277 on April 29, 2021, 06:20:53 PM

Trading is not about buying low and selling high because we cannot guarantee how low and how high the price may happen in the future. however, we can see and also analyze the charts, in which it commonly can lead us to have better result of the chart analysis. It is also based on the fundamentals of the coins and also good news of the team to make the projects progressing more and much better. In this case, we can see how the trader can not only buying in low but buying at the right time and also sell at the right time.

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.

Fatunad

sr. member

Activity: 2226

Merit: 347

Simple technique but would really cost you if you dont able to done it well.Due to unpredictability then guessing price would be the main play on here.
We are keeping on guessing on what would be the next movement on next minute,hour,day or months.Also not all are active traders because there
are whom do focus out on hodling or making swing trades and not doing any active trading techniques.Usually people do commit on the opposite
manner or result on which they have sone Buy High Sell low and this is on the time where people do panic on.

Nanda Dewi277

sr. member

Activity: 784

Merit: 251

Trading is not about buying low and selling high because we cannot guarantee how low and how high the price may happen in the future. however, we can see and also analyze the charts, in which it commonly can lead us to have better result of the chart analysis. It is also based on the fundamentals of the coins and also good news of the team to make the projects progressing more and much better. In this case, we can see how the trader can not only buying in low but buying at the right time and also sell at the right time.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

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.

Achieving this?

This would really be through experience and you cant attain this skill if you dont have sufficient knowledge and awareness on how this market works.Its indeed a very basic principle of making

profits in the market but when you are already on the actual situation then its really hard to do because you cant spot out on whats the peak price and whats the bottom

and this is where things becomes hard and this is why we do keep and seeing speculations that do floats around.Movement does vary with demand and the activity between
sellers and buyers.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: ?? on ??

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

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.

A skill technique that can be applied in this way is to use patience. when we make a purchase at a low price at least we have to wait until the price can go up much higher than the initial purchase. This method is quite easy to do when we can make the right decisions to buy coins that have enough potential that can last a long time and are promising in the future. the most important thing is to have a strong belief in the coin in question, have a set profit target and not be easily influenced by fake news that can make many people panic.

That is very easy to think and say but could be hard IRL especially when you are too emotional because that will be the most common reason why we are not able to reach our goal. Controlling our emotions is the biggest challenge that we ever face in trading. But I was believing that people are now changing their behavior (but not all), panic selling isn't visible this time instead, I was seeing people are being positive for the incoming and they just hold.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Tomiwa_akin on April 26, 2021, 05:59:30 PM

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt.

Yeah it is not simple. Because, determining where will low or high occur is the catch here. A low may not remain as low for rest of the day or season unless market moves down further and same applies for high price level as well. It means you may find out low or high but any future events or news may alter that.

Quote from: finaleshot2016 on April 29, 2021, 10:42:06 AM

The crypto market can be deceiving at times; it can go up and down, so we must buy on a dip where there is good support or flooring to ensure that it does not go lower.

Yeah, crypto markets are known for its usual high volatility which may trap us at any time. So, the simple trick everyone suggest is, buy at today's low and wait for months to years then definitely you will get highest prices to sell given that you are buying bitcoin or known altcoins alone.

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: electronicash on April 29, 2021, 03:04:16 AM

is hard to do when you have less capital. what you need is time and money because its needs a lot of waiting and it could take years if you want the biggest gain. the early investors did it easy, all they did was just waiting and after a few years they already have tons of money.

but if you do it as the day trader does, it's going to be harder. some even have to spread fud just to make the price drop so they could buy again when the price is dragged down.

Some cases are really easy due to the years when they invested in crypto, this community is still not big enough and growing, too low value combined with their persistent holdings, all of which made them rich after only a few years of gentle wait but considering these cases, sometimes their capital is not too high, capital is only at the right level and it is important to choose the correct project. The techniques of selling high and buying low will work in that sense, today, crypto is so developed and this technique is gradually becoming more difficult with so many investment options

kolbalish

member

Activity: 627

Merit: 14

Crypto Article Sharer!!!

Yep of course it is a simple technique. Still it is not that there is no other technique without this strategy. Everyone has their own strategy. However, many have become millionaires using this simple technique. Furthermore, anyone has attained a lot with his own procedure. It depends wholly on yourself. However, in all prosecutions, the market research must be maintained.

Topic: simple technique of selling high and buying low. - page 3. (Read 705 times)