Bitcoin Forum

Is it really possible to 'Sell High and Buy Low' in this bull run?

First I sold some at 19600 hoping it will pull back before crossing 20k and I will buy back at 'LOW'. It never pulled back. 

Then I sold some again at $25k milestone, hoping that it will pull back which never did.  I then sold some at $25800 hoping it will pull back before going further. And again it never pulled back.  BITCOIN is just going ATH after ATH.  BTC is setting new ATH every day, if not every hour  ;D  I stopped selling now  8)

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low' ??? :P

I prefer to go with the idea of 'buying low and selling high', that way you buy when it's relatively cheap, like 1-2 years ago, when we were in a bear market, then set your profit target. Predicting market movements during a bull run is pretty difficult as the market is unpredictable. I've seen so many predictions of pull backs and corrections and none of them is yet to actually be right.

There's nothing wrong in pulling out profits gradually though as the price increases. I would suggest you lock them in an asset which is not as prone to inflation as fiat

One way is to target smaller price oscillations. For example, we had a little pull-back on Binance today. From 28,400 (new ATH) to 26,600, before the price reverted to the current 27,500.
Another approach is for a longer time period. A stronger pull-back is to be expected, but that doesn't necessarily mean it's going to happen in a matter of days. You just need to be ready for it when it happens.

At the moment you can't, because it is more than obvious that the percentage of those who buy is much higher than those who sell, and the law of supply and demand pushes the price up. Although it would be logical to expect a correction, one should ask whether it can just happen because those who buy do not intend to sell at the moment - in other words, the investor profile has completely changed.

In moments like this, it's best to just enjoy the bull run and follow what's going on in the background of the whole story - in other words, who else of the big players has invested in Bitcoin, and who is just planning to do so. As money flows (and there’s an awful lot of it) it’s just a question of when the BTC market cap will reach $1 trillion.

whose name is buy low, which is where bitcoin is undergoing a correction, so it's a moment to make a purchase. if it keeps on going I can't make a decision by making a big enough risk. It is necessary to calculate the percentage of what percentage of the current price.whose name is buy low, which is where bitcoin is undergoing a correction, so it's a moment to make a purchase. if it keeps on going I can't make a decision by making a big enough risk. It is necessary to calculate the percentage of what percentage of the current price.

If you are doing day trading then it really difficult and risky to buy low, sell high. But if your purpose is to hold for long term then I think this time is good to sell and wait the correction to buy more. Bitcoin is really moving great and I think it will increase more before new year.

yes it is possible and at times it is not really that hard. you just have to follow a couple of things.

first of all don't expect ridiculous drops like below $20k again.
second don't sell near resistances that are about to be broken (like selling at $19600).
third make more than one sell or buy each time. for example when you thought selling at $19600 was a good idea you should have split your sell into multiple orders setting at different levels with some distance between them.
forth have a plan for when your speculation goes wrong which it will many times. again using your $19600 example, after making the mistake you should have bought back quickly above $20k and below $21k.
and finally you should never go against the market trend. the current trend is bullish so your expectation should always be that price is going to be higher than now in the next couple of hour.

Understand that it's not "buy lowest and sell highest." Because there is no upper limit for bitcoin and any crypto. If you're lucky, bitcoins can reach $100k overnight and the next day it will double. Just enjoy your every profit from daily fluctuations, buy when it goes down some level, and sell at higher. That's "buy low and sell high".

If you sell after a slowdown from a rally, it'll PROBABLY come back to that point. If it doesn't for a few times and giving it long enough to pull back 1 week+ then you might want to switch at looking at more than one piece of information (eg look at the RSI and analyse that before you sell). Or you could start to sell at the start of a pullback and set stop losses in all cases just in case.

Well to be able to Sell High and Buy Low during bull run requires patient and deep knowledge of TA.  With it you can  see hints on entry points and exit points of the market.  It would be hard but if one is knowledgeable enough he can take advantage of the volatility of BTC even with the market is at the bull run.  Others use Bot and set it up the way they wanted since they can't monitor the market 24/7.

of course, you can as long as the price of bitcoin fluctuates you can always buy low and sell high. but your fund also matters if the price of bitcoin keeps increasing it is for the best to increase your funds too when you are going to buy. so your profit won't be devoted for the high fees that come with it when you are transacting.

just closely observe the market

It's true you need to online at a time because bitcoin price changes time to time even those already experts in trading are still losing because of some prediction that didn't go as they plan. Sometimes i just go into where i talked to them just to have some information since bitcoin is really volatility, i don't trust bot much better if you go as manual because of self learning you can see those graph in your self and also you can learn from your mistake and will never do it again.

The question is how you determine low and high. Bitcoin traded today at $28K, is this high? The answer is, we don't know really, bitcoin would cross $30K as well. It's easy to say, but the reality is quite different. You have to take the risk. I had sold at $19500 and thought I will buy back when it will dump, but it happened although I didn't dare to buy back and regret it now. Since Bitcoin just recording a new ATH almost every day I can't dare to buy it back. We don't know where is the low. So, buy at low and sell it high isn't actually possible, who knows if bitcoin never go up after you buy? Then how will you sell at high?

I think its gonna be a while before we can buy at a low price again whales and Instituations are freezing their funds in their cold wallets so they are holding and with the price only going up some investers will start buying even at 28k so the demand is increasing day by day so i think we can even see the price at 40 or 50k.

Yes you can but with no so big difference in price for example today when the price is 28k then you bought again in 27300  then you already increase your holdings and earn profit. But if you are looking for big price difference that you can buy and sell then you should wait for correction before buying it.

There is no way you can easily find a good entry when you know that Bitcoin rally continue and you can't find a good entry and hard to predict price of Bitcoin .

Exactly my situation at the moment!  I am just thinking if i should buy back some btc now and then sell at $30k level or just wait more for dip. No one knows what will happen to the price. $30k or back to $25k. What a beautiful dilemma to be in!

You are trying to predict what the market is going to do, that is your problem, buying the dip is a strategy that should be employed once the market has taken a dip and not before, right now the market is extremely bullish to try any kind of manoeuvre, just let your bitcoin in your wallet and buy some bitcoin once the price goes down, however it seems that you did not had the capital for that since you kept selling in which case you should have remained content with just holding your coins until the bull market finally ended.

It's because you are thinking ahead of the market. Foresight is definitely a good skill in trading but in some cases, especially like this. Predicting too much wouldn't do you any good. It's just cool that you were able to enjoy it since that is still a couple hundred dollars you might've lost. As most of the people say here, buy the dip and sell when high applies in the present stature of the coin, you only buy when it's relatively stable on a dip, and you sell when it is high. Price correction is on the way, people should be able to get back in the bitcoin boat not too soon. Aside from that, us investors may get impatient and synthetically dump the coin perhaps at the 30k mark. Then again, we can't really predict what will happen.

This is how an exponential bull run comes to play.

At first people sell at every step and small corrections become frequent at every major level. Then when they see it doesn't want to reverse and pullbacks are minimal traders begin to wait it out longer. They gain confidence and wait longer and longer to avoid paying exchange fees at every possible resistance level and missing out on gains.

It makes the price go up fast in the last stages and turn into a FOMO rally. You could see it happen in 2017 when there were multiple pullbacks up to 8000 but almost nothing up to 16000.

Stop think bitcoin could reach 40k or whatsoever. When it's not yet surpassed 30k and 40k just like a dream. So many people will be feeling confused to determine how high bitcoin could go. I have sold my bitcoin yesterday and then there must be a correction or it will be the next dump that will make the price of bitcoin to go to the bottom again. These days people are still keeping their eyes into the bitcoin.
It's about how difficult to know the maximum position in bitcoin market to sell our coin.

Just don't sell anything until $500k+, then only a little.

This is a very short-term trading, and its hard regardless of the trend - be it bull market, bear market or sideways market. Theoretically this method is the most profitable, because you are making money on every single price change if you trade perfectly, but no one trades perfectly, and most people don't trade even close to perfectly.

Trying to sell high and buy low is just too greedy, most investors entered at $10k and below, so they have already made at least 150% profit. This is already a good place to start selling at least some amounts, so you can look at it from the "buy low sell high" perspective instead.

If you are good at scalping strategy, you will get good profit at a short period of time. But you need to closely monitor the market movement. Because one wrong move, and all your profits from your scalping will be gone. But I can say, you can still make money from even at 26k. Like for example, if btc right now is at 26343, you can wait a bit and sell it when it reaches at 26500, which is more than possible to happen. But of course, you need to check also the fees involved.

You would have probably just held unto your bitcoin and now you'll be in massive gain. I always advice the strategy of holding doing bullrun and not try outsmarting the market as the chances of your succeeding become minimum. Just look at the charts, every day after the 25th bitcoin recorded a new all time high, with such movement it'll be very difficult to predict when it's the best time to sell.

If you can actively monitor the market you can take advantage of the slight correction that happens if bitcoin tries crossing a new all time high but gets rejected. Examples yesterday bitcoin cross $28k but got rejected to its current price and now trading at $26.8k, there's every possible of it retesting the $27k and probably $28k price again so you can keep an eye on the market to catch the movement when it's about to happen or set a buy limit order.

The next milestone you should keep an eye on is $30k as that's the price bitcoin would have to test to continue this bullrun. If it can't break that resistance then we'll be experience some corrections that if there isn't enough support we might fall back to $20-$23k price range.

Buy low and sell high? This is not a good time for that and it's more riskier than ever, now bitcoin is so much bullish and still unpredictable too, the best strategy is of cos buying low and selling high but the right time is what people don't know

If you are ready to take risk then you can because risk is equal to reward when it comes to market, l will share a small risk which I took last week I bought it for 23.3k and sold it for 23.6k I was continuously watching the market for few hours then I invested and made profit because I know the market was trending as there were lot of positive news about BTC so I planned it well and made profit. Everything is based on our strategy and plan if you are good enough then sure you can have a try.

You can't buy low and sell high,while doing day trading during a bull run.
Now it's the time for "waiting for the right time to sell" trading strategy. ;D
I wonder what will happen with all the people and companies,who are buying BTC right now.The risk of a potential price crash increases every day and this price bubble will eventually burst,causing panic selling among all the traders,who bought at a high price.
I really hope that the market will calm down after the holidays.My predictions of a not-so-active crypto market during the last two weeks of 2020 didn't came true. ;D

I am not really can buy low and sell high in this bull run. But I am trying to buy bitcoin when the price is down, so I divide my order buy into some parts and place it on the market. If the price moves down quickly, I will cancel the order buy and wait for a while, although my first order buy is filled, I still have some money to be placed on the next lower price. By using that, I think I can buy bitcoin in many ranges of price, and some of them will be at a lower price, and after that, I only need to wait for the price to pull back to the high price. But that strategy will not always work because the price can rise back after it is down, so watching the market when the price moves will be better.

All you can do is split your BTC into two parts. One part is for long term investment and the other part is for your needs.
You will never sell part of your long term investment, you will hold on to it no matter how much the price of Bitcoin goes up.
And with the second part you can do day trading or weekly trading. I follow this rule myself. I will never sell my holding BTC unless I need it much.

At this moment It's not possible i think.
I tried a few days back. But after doing this for 1 time the coin price haven’t decreased yet.
So the chances are lesser than before it was.
But despite this u can do good business with some specific lower graded coins.
But it will be too risky cz they can dump anytime with any price.
So you have to analyze the coin first for 2/3 days.
Than if u think it is suitable for you u can buy it.
But the problem is you have to wait for a period of time because of their small market cap.
But anything can happen. You just have to trigger the right button with a little bit of luck😁

Sell high and buy low is not everyone's cup of a tea. Sometimes you lose a lot of profit if you sell early assuming you are selling at high because you never know how high BTC will go.
Let's say someone bought BTC at $5000 and sold at $10000.
Now though he made double of his investment, yet he lost more than what he earned.
On top of that, he might never be able to buy BTC again at that price.

You lost some of your profit because you sold your bitcoin earlier than waiting to up the price.if the price goes down again you can buy bitcoin but make sure the price will not ho down more because if that happen you will lose money.

It is good for the shorterm trading to the bitcoin because the price sometimes down but after few hours is rise you need to watch the movement so you can decide when do you buy again you need to watchful to the price to buy the lowest value for this year.

That is particularly risky in the case of bitcoin, as sentiment remains bullish, with analysts expecting an ongoing bull run on increased institutional demand. While there may be a temptation to optimize through different trading strategies, the new money should adhere to certain strategies 1) stay long 2) buy dips.

I personally Not going that way When Bullrun like this starts ,First it is very risky as everyone is Looking at exit price like yours ,Meaning while you are selling others are also in the Same position Just waiting for a right value to decide and pull the trigger.

Second if you did not achieve or succeed having another dump You'll be in regret all your life ,So in bullrun you must choose between the two.

Buy now and Hold still ,Or sell now and wait for the correction to buy again ,things that may happen surely after the Bull.

I think in this market no body can guess the high rate of BTC that is where it will go peak. As everywhere good and positive news i think it will go a big record in year 2021 and then will be more at all. Your selling system good to me and if i were in your place i also took selling like you so now we have to wait for see the top peak price of BTC.  :D ;D ;D

yes bitcoins is growing in value and its a stable growth , but it isn't the only cryptocurrency that is growing ,
one can invest their BTC in other crypto currencies , yes this might seem risky but after a good research and study of alt coins one can predict its us and down in near future .
and about the profit I personally think BTC can be manipulated  due to many institutional investors and may go down ,but these small cryptos can give us a good return is invested properly . of course it comes with its own problems of remembering and storing them in different wallets , but investing in more than one asset is comparatively safer than hoping that the on you invested would grow.     

Sometimes being a hodler will be more profitable than being a trader especially when an asset is in price discovery mode. You can still sell high and buy low, just zoom in on the price action. ;)
"Buy low, sell high" is the fundamental philosophy of traders and investors alike. That's how you can make a profit in any market.

There are 2 ways where you can profit in crypto trading it's either buying low and selling high or buying high and then sell low.  Which the latter is something that can really be risky since you won't have really have any kind of safety with your rrade. Now I'm not saying that they  at a bad situation but from what I have said in my previous post related to this trading without safety is ike doubling the risk you wanna take since you may never know when Bitcoin is about to go down.

If we were able to monitor the market we will be able to buy somehow at lower price and sell in much higher price like what day traders do, all that we need is to be active in monitoring the price to be able to do that, but if we're aiming a too much difference in price then we will need to wait for some corrections, those who do day trading is still able to earn at these bull run.

Been looking at the charts with a little more attention than normal the last week or so (yeah, I know, I have free time suddenly and I ought to spend it on more useful things but it's quite fun during an ATH ongoing no?). Daily swings each day is well over 10%. I imagine traders doing both ways have been just turning over profits like crazy.

Does make me wish I'd trade occasionally. 10% a day for a week is basically doubling the capital. Of course, you could get caught out just as easily. Anyone thinking to do the flips around 20k now missing out on the 28k.

I'm not a chart reader nor any expert on making predictions on future value any asset or cryptocurrency but I do feel that bitcoin could reach $30,000 before this year ends.
Who knows? Maybe tommorow it will reach $29,000 as it reach $27k and $28 before.
Even so, I think it's safe to pull out some profit from this bullish run if you don't intend to hodl your bitcoins for a long period of time.

Still Possible, the market price moves from time to time in the first place. But it would be difficult because you will need more time focusing on how the market price behave. It would be better to just hold for a while then sell if the price satisfied your goal. At this moment  since there is no sign of a huge downfall yet, holding would be advisable because there is still a tendency for the price to continue increasing. Some investor already gave up with their speculation and chose to sell at early price point and that's a valid decision especially if they do feel of doing so. Your investment, your rights to make actions. We just cannot earn 'every profit' in this industry, but be responsible of your actions in order to avoid regrets. In my case, I will anticipate a downfall in order to invest more but if things went the other way around  another decision will be made.

It is possible but you need to be very good in hitting the right time to buy which cannot be pulled easily because even professionals traders who have a complete tools can't easily predict the right timing to sell where the bitcoin price will start to go down and buy again once the bitcoin price will start to go up again.

The setback of bitcoin price as of this moment is very low therefore it is very hard to hit the right timing in selling and buying again. If you are not a professional in this kind of trade then it will be good if you will just buy bitcoin and continue holding it until you can notice that the bitcoin price is in the peak already and that will the time that you are going to sell your bitcoin. It is a long term one that needs a patience and trust to bitcoin but a good strategy to all of us who have no ability yet to make a short term trade.

If you really bought at a low price, then I don’t think that waiting more would be a problem for you. Yes I did sell part of my coins, but I’ve left the rest and I am not really worried if the price should fall, because I sold an amount that is enough for me, and that’s around $19k and $23k.

For now, I am leaving the remaining the coins and even if I should wake up and the price falls to $10k I wouldn’t be worried at all because I bought earlier than that. The price still looks like it will move up, and I am thinking that we will see $30,000 and even more. I am ready to keep on holding, January will determine where we are heading next.

Yes it is but you only have to pay a lot of attention of time to time visiting the market to be able to get a perfect time to buy your own kind of bitcoin. But if you have a capability to buy bitcoin in these ATH price still possible but of course for us as a traders of bitcoin it isn't economical practical since here in cryptocurrency we are looking for a good profit that may benefit us most though earning a profit here were not possible as always but atleast we've wise enough to manage our loses in case.

Of course "Sell High and Buy Low" can still be done, the problem is you just lack patience. Because I believe Bitcoin will correct,
but no one knows when this happened. We only need to be patient waiting, and save the profit that you have earned in stablecoins.
So when Bitcoin finally corrects you can buy back at a cheap price. Now Bitcoin is really hype so it is best to stop selling our Bitcoin,
so we can enjoy bigger profits later.

Thanks for your replies.  Some of them are saying I should have waited before selling some BTC.  But that's what I did in 2017 bull run and basically didn't earn anything from the bull run.  If I had sold some, I could have increase the amount of BTC.

That's why, I tried to sell some in this bull run.  I don't regret selling because, I purchased BTC in lower level. But it's true that, if I waited I could have gained more profit.  :o

There's no such thing about being on perfect trades and even if you do missed out on buying low the important thing here is that you do able to make profits out of those movements.
Good for you that you can able to sold in higher price and you are just waiting for some pullbacks and it didnt happen because if price do make out some correction, it only dips
for a small percentage which is way not to shallow basing up on what you are targeting.It doesnt necessarily for you to buy low and sell high because no matter what
you do, what matter most is on to make profits or money or gains within your trades which should really be considered.

there was a trick on trading buying on one exchange where the coin was valued a lil bit cheaper than the other one , after that sell and repeat , thats how you do it . it sound simple but is it ? idk because im not a trader  just read that somewhere  .

if you want easier way you can go on other lower coins and leave btc for a while . you can still earn on your btc if you have leftovers  .
correction was over in btc and that happen while maintaining the 20k base value . if you missed you need to watch soon closely for another one

First of all, don't plan to sell your cryptos every hour if you are holding it for very long time. Just make sure that you reached your goal margin with this price if yes then just sell it and wait until your desired price to come which may take few days or months. If you plans to sell too often then you need to lower the range of swing like 25k to 26k so you sold at 26K then bought at 25K.

Well, you already in profit. If you're good at trading, you could have made a lot of profit with the little price reversal that happens especially when it got to over 28k and went back down to 26k and did a little pump.
If you aren't good, you could start accumulating every dip and always find a good entry.

That is the thing, every strategy has an optimal point, a place in time in which the strategy gives the best results and with the market behaving the way it does it is simply a mistake to try that strategy now, just hold your coins and do not sell until you see an important correction otherwise there is a very high chance that you are leaving a lot of money on the table and that is something that as traders or investors we do not want to do as there does not seem to be any kind of limit to how high the price of bitcoin can go.

Strategy Buy Low and Sell High, always is the road to loose your deposit. Because you must trade counter-trend. But maket on trending now with few stops already 8 months, so, you must be on the side of a trend. @Trend is a friend@

This can usually be done via P2P trading, since the values usually differ by an absolute metric tonne. I've seen mixed results, but usually decentralized exchanges can get a premium on top of the exchanges, because some people outright refuse to use the big exchanges, which means they will pay a little bit extra to trade person to person. It does depend on where you are going to trade, places like LocalBitcoins a few years ago seemed to have very high prices regardless, and you could even get cheaper prices via a traditional exchange.

Most people never trade at an efficient level. Its difficult, because timing, and luck has to be on your side. If you actually believe Bitcoin is going up in the future, any entry point could be a good price, if you believe in the technology, and adoption behind it. Yes, it might not be the most efficient time to invest, but if you only care about profitability, and not the margin then it could well be a good starting point. Obviously, assuming Bitcoin does go up in the long term. I think a lot of holders have done this, they usually buy, and buy until they have a price point in mind. For example, $50,000 might be a point in which a lot of people sell, and all they've done previously is bought.

Yes you can but it could be hard since no one really knows when and how would the price moves.
Just a few days ago a member was asking if those people who bought at $27K are idiots but look at the price now they already gain profit.
So yes you could still gain profit in the bull run but you should be careful and know when to cut loss.

It happened already and buying low in 2020 is impossible especially the current market of bitcoin. Well, lucky are thoae able to buy while bitcoin is low for it just a proof that bitcoin really is profitable and you just need to have a good hold to it and prediction for you to earn. However, it is not that easy to hold and predict bitcoin market. Sometimes emotions will get the decision and not thr brain.

This bull run is setting a completely different trend compared to previous bull runs and no one can precisely predict looking at the current scenario. This might be because of the overall acceptance of bitcoin by certain institutes.

If you are reading the current news articles involving bitcoin, it should be clear to you that the prices will only go up, companies are still pouring in their money in bitcoin which means there are less bitcoin in the market which means the prices will only start rising. You can do the old adage but the profit is not that high which discourages me to do the same thing at the moment.

Exactly, if you made a profit from selling your bitcoin at the price that you sold it then it is a win, the bad thing right now is that you will get greedy and try to go for an all in, always remember that bitcoin market is unstable.

For us to 'Sell High and Buy Low' is every Bitcoin traders perfect dream but for most people this is not the reality of how this works.  For me at least I always will come up short end with this strategy.

On more then 1 occasion I tried to sell and make profits and to buy back again.  But this method seems to backfire every single time and I lose fiat and its a difficult learning experience. 

Long story short is no I dont believe in this method for making profits during this 2020 Bull Run.

Why the heck not? Check this out.

https://www.google.com/amp/s/www.coindesk.com/bitcoin-whales-buy-high-sell-low-retail-investors-chase-rallies%3famp=1

Small traders are able to execute this strategy properly too irrespective of whether we are facing a bull or bear run. It all comes down to your knowledge of the market, trading experience etc at the end of the day.

I see plenty of "Buy low and sell high" opportunities on a regular basis and have taken advantage of some of them personally. However, you need to invest only what you're willing to lose due to the volatility of this market.

It’s why I always wait for dump signal to decide whether to sell bitcoin, how do you tell it’s dumping? I can certainly sure when bitcoin price dump -50% from ATH I know it’s crashing and need to exit, but 5-10% fluctuation isn’t obvious enough, even 10-20% fluctuation isn’t enough to convince me it’s a time to dump, yup I think for multibagging gaining bitcoin would need a 30-50% fluctuation then I would begin to sell, the fluctuation is ranging from days to max one week, of the price corrected 30-50% in one week, say dump from ATH to -50% in one week, it’s absolutely a clear dump signal, but many will be salty to watch their profit get erased so quickly and refuse to sell.

That was the prayer of those who literally went to church on their knees since 2018, asking for such a time like we have now with Bitcoin mooning continually without a crash. Whatever happens with Bitcoin in 2021 (as its post halving year) will further decide how we judge or preempt Bitcoin in 2015 (another post halving year).


The force of the current bull run is powered by a force greater than gravity, literally speaking (well, writing actually). It isn't showing any sign of fatigue and the dominance of Bitcoin is currently at 69% of the entire marketcap. It's a good sign for Bitcoin but a bad one for alts. This is because ALTs won't moon if Bitcoin continues to dominate the entire market space.

I do not think it had anything to do with luck, it has to do with those which actually believe in the technology, bitcoin was cheap for a very long time, if people did not wanted to take advantage of it then that is their problem, I know this may seem like a attitude that is too harsh to people but that is what it is, there was a time in which I tried to convince people to adopt bitcoin and they made fun of me, after that I never mentioned bitcoin again and now that bitcoin is above 30k they are complaining they did not bought it.

Be specific with your target if you wanted to apply this buy low sell high strategy, fluctuation is still inside this market and learning how

to play with it and take it as your advantage is very difficult, there are lots of things to consider but once you already understand the flow

it will be more helpful to bring on the bacon and earn decent.

Regarding the sell high and buy low strategy, we can run it in a bull run situation like now. Because for Bitcoin trading you don't have to wait for
the Bitcoin price to fall far enough, with the Bitcoin price corrected to a price of $ 30,000 we can buy it and sell it again when it rises to a price of
$ 34,000. This is what I am running right now, the most important thing is not how much profit we make. However, how often the profit that we make,
by frequently generating profit, the longer the profit we make if accumulated will be large too.

could hit $75K - $80K  i'm going to post within the political section of this forum the reason for such increase.

Pls, do not expect a drop or crash soon!!

Thanks
Soldierwitlittlefaith

As long you do make money then that what matter most and its not really that common for this kind of situation where bitcoin do reach out new ATH's from time to time.

So its just right to cherish up these movements for you to make money rather than on getting curiosed that price havent able to pullback for sometime.If you do try to
observe the market, i do really make out some corrections or pullbacks but not really that in a huge percentage drop.

Take for example on what happened in 34k goes back to 29k, that was a significant correction.

enjoy what you get and don't ever complain ,, in trading getting profit is better than losing, don't be greedy expecting to buy low sell high.  while you have benefited, be happy, don't regret it.  there are many people out there who are losing and not getting the benefit at all, learn to refrain from being greedy.

It will be our dream to sell high and buy low, but we can not always make it happen, especially if the market is unpredictable and hard to analyze to find the coins. At this moment, I think that we have the chance to find the right coin to buy low and sell high, especially for buying bitcoin at a low price and sell it at a high price. If we already bought the coin at a low price, we do not have to do anything except waiting for the price to increase, and I am sure that the time will come soon.

Considering that institutions are driving this bull run and they are only just getting started, it's very risky to try to short Bitcoin. You can try selling and hope to get lucky that you buy in a bit lower, but there's also the chance you are forced to buy back in several thousand dollars higher. I say take profits when you want to take profits, but don't sell in an attempt to guess when it will go down a bit.

When you want to take profits sell a little bit. Leave it on the exchange for a bit and if the price drops take advantage of that and buy back in lower. If it doesn't drop then great just cash that out as profit taking.

I've only got a small amount of Bitcoin, less than 0.10BTC, I decided to buy some when I noticed a price dump. Unfortunately, I didn't buy fast enough and the price had already started rising significantly. I bought at 25.000€ (When I could have bought at 24.300€) and sold them yesterday at 27.700€. Today, I woke up and to my surprise, it had surpassed 28.500€. Well, that's trading. You can never be to sure. At least, I made a decent profit, it could have been better, but I was too sceptical before going to bed, was afraid that it could dump when I was asleep.

Planning to buy again, on the next price dump.

Yes its possible, with confidence, attention and a willingness to take risk with capital all of which can cost dearly if you mess it up really.   Its deceptive because it appears obvious after and confusing at the time imo    Certainly its possible and some might say a good trend is easier then the more random walk of a sideways market.   Trend up or trend down you are supposed to stay impartial on these things.    Also it might be your opinion/observation  just doesn't match the public or market moves, tough luck.

https://talkimg.com/images/2023/06/12/A16xD.png

Recent action, we didnt come back to our starting low (the pin) at the beginning of the daily bar yet so we remain bullish and possibly above support.   Everything's possible with varying probability, how to judge variance and influence is a constant question with no one answer.    We're way out of a price channel afaik so my argument is not so good but it just keeps going up, use SMA.

I did from part of my Holding , i Sold at 33k and bought again at 28,000 Sounds risky but that's what i did.
and that made me one of the member who Buys at low and Sell at high .

If we are not willing to risk then let us not take a look for profit before this market of volatile investment is full of risk but worth a try and done.

If they are their without knowing the risk the might encounter while trading then maybe they will became crazy when the market turn upside down, but if they are prepared and can handle the risk to know on when to take their profits then for sure they can possibly do the Sell high and buy low method.

You are lucky that you have gain profit at that time, you can really make yourself gain profit if you are doing short term trading that time but if you chose long term and you bought bitcoin at that value, that is really risky for your money. We cannot predict when it will stay at that value since it already reached $35k. It is a really good ATH as the year starts. I have friends who already sold their holding at $28k too, that is why they are regretting that they sell it too soon, but that is part of trading.

it is happening with me again. This time when BTC is free falling! :'(

Last night when I checked before going to bed BTC price was at $39k range.  So I set a buy price at $35k thinking it won't go to that level. I  set buy order every night at a lower price ( which seems unrealistic) just in case price drops crazy  when I am asleep. In the morning I simply cancel that order.

But today when i woke up, I saw that my order is filled and price is lot lower than my buy order $35k. 

So, Any lesson learned? Not really!! BTC always teaches something different every time so that you can't really exactly learn from previous move!

Anticipating your call mgiht need to be relevant to your understanding, it's really  a surprise seeing that your call went to the other side, thinking that the corrections might be on your expected value not realizing that it can go further down, like what you have said it's really unexpected and you just can't learned from it unless you experienced it.

Now you'll re-check your patterns and try not to make another same mistakes, just hold
and try to spare more time analyzing what would be your next possible move.

Bitcoin already reached it's new ATH this in 2020. Now 2021 will bring new ath and this time $60-$70k is possible.

You can only follow that rule buy low sell high if you are patient and you can follow the market, it's hard to check the hint when the price is going down but every dip is every opportunity if I have the funds I usually buy on every dip by a small amount, I still have an allocation whenever there is a dip, and even if the price goes up, I will have a good profit, it's important to always have a room, you never know when the bottom will hit.

In reality, we cannot predict the top and bottom of the market. It is only the game of probabilities which can be predicted from technical analysis but even the most experienced trader cannot sell right at the top. The best thing is to continue to take profits while the price is moving up so that we are in overall profit.

No its not that is why the very important thing is how we can manage to Stay holding When the Run starts because this will bring us no chance to profit in bullying market like what Happen last december to early January .

How can you Buy and sell when the price continue climbing and no Big correction happens until mid of January comes.

Wrong, Have you Check the market? Bitcoin reached the ATH in January this year and not in 2020 , Simple checking can show you the answer

if greed is far from trading there will be no word about Sell High, Sell high applies when buying at the bottom has been successful,
and an increase occurs then that is success too, if greed controls oneself, then Sell High will never be satisfied.
do not let greed come when trading, then your strategy will be broken.

A bit of a redundant question to ask, since this is speculation markets. That's all you do. More possible with Bitcoin more often than any other type of asset, really.

Just looking back a month ago. Possible to buy at 19k. And then sell at 43k. And then buy back yesterday at 28k. Tell me where else do you find such opportunities?;)

That's one of the strategies in trading, sell at the peak, everyone wants a lower orice as entry-level and always aiming for the biggest profit that we can earn, although in the process hard to predict it correctly all the time, yet greed could lead to months or years of waiting in order to get a higher price, not a bad thing though.

Do you have any analysis to back up your prediction? Or it's pure speculation because of the recent fomo happening in bitcoin in this bull market? That price range is two times the current price. Bitcoin's marketcap too will doubled if that happens. I don't know where the market is heading next.


Even when the dip comes like when bitcoin fell to sub 3k levels in 2020 or other times in 2018-2019 when the market was super bearish, nobody was ready to invest in bitcoin. The story is different now as everyone wants a piece of the cake at all cost but end up buying high to sell low.

Its possible, but we need some good news to make its happen. Also, more correction first seems more realistic to be happen before another ATH happen. My target is 50k at Q3 of this year.

We can 'buy low and sell high' if only we understand the time we ought to buy, sometimes most of us buy from the wrong timing which sometimes lead to loss. Even in 2021 we should learn the right time to buy from the dip than to buy in the wrong timing. The case is now different from the past becasue everyone is now interested in holding some bag in bitcoin.

Sure. When people want to buy low, they tend to spread some FUD: https://finance.yahoo.com/news/bitcoin-double-spend-never-happened-210834555.html (https://finance.yahoo.com/news/bitcoin-double-spend-never-happened-210834555.html)

Sell high and buy low is possible, but this will be profiting mostly the users with high volume of crypto holdings. The goodness of cryptocurrencies is the volatility. This happens regularly, so buying low and sell high is possible. Here we need to set a small difference between the buying and selling. This helps in consecutive completion of orders and grab an average profit. With small scale trading we can't practice or give a try.

There are patterns and candles moving in the chart at least you should be aware of them before deciding to sell, if you sell while the pump is happening then obviously you will not get the lower price to buy. If the price is in an upward condition throughout the day then I'm not sure there will be a rapid decline on the same day and even the next day, the movements in the chart can at least be a reference for us to get a better time to buy and sell, be patient.

The same thing happened for me with ethereum. I began to partially sell it as the price rose, believing that it would fall after a while and was guided by the bitcoin price. However, this did not happen. Surely many did the same, because it was logical. But the cryptocurrency market is too unpredictable. Therefore, it is very difficult to sell high and buy cheap on it. I think that we all very often lose lost profits. The main thing is not to suffer direct losses.

This is the reason why I think timing the market is completely futile.

It's hard enough to try to time peaks and troughs in a normal market, let alone in a time where market participants are all irrationally geared towards FOMOing.

And this actually screws up your mindset, believe it or not. Once you sell off your position and fail to get back in at a lower price, you may be tempted to re-enter your longs at an even higher price.

These are hallmarks for disaster and I would not recommend doing this. Buy low and sell high in the long run, yes. But short term markets are way too volatile for anyone to try to day/swing trade without rigorous quantitative analysis.

Which is definitely true, the bottom line here was bitcoin was a very volatile currency and expected that anytime its market value may varies in accordance in its demand. Predicted from Technical analysis may be suitable but in reality, as a trader we couldn't sometime follow the mantra of "Sell High and Buy Low" if and even if we really needed to have a profit to be used in sustaining your life needs. But at the moment if you still have the capability to sustain your needs, it is better to take profits, and take advantage about the good market value of bitcoin.

It's a shame if 2020 you sell all your portfolios, because the start of the bullrun in 2021,
especially for altcoins, take a look at Ethereum reaching new ATH this year,Dogecoin has also increased by 1000% or 10x in January 2021,
of course this is a good sign, because altcoins are in sight, don't be left behind, buy altcoins

Don't sell into bulls thinking you nailed the top wait for a prolonged correction and just try to sell in the top 25, and buy the bottom 25 percent.  With fluctuations so crazy its pure luck to nail the tops and bottoms.  Or you can just stop trading and HODL for the long run :)

All people do this for sure because this is a way to earn profits. But sometimes people buy in high because of FOMOm, like doge and XRP. Lots many people get trapped and buy high. No one they can do except hold. He can cut loss but risky

In theory, we must do it, buy low, sell high, but in reality, many people get trapped by their emotions, FOMO, fake news. So they must try to control it, if want to take profits

Its not easy to be confident during a fall or expect a rise when its not especially shown that previously.  I think most trades are a kind of momentum where people see some trend and expect it to just continue.

We are out of trend which makes it harder to regularly spot the activity in a stable way.   I would go on various measures I notice like the 12hr momentum and how that is in line with burts of price gain quite often.

https://talkimg.com/images/2023/06/12/ArEzg.png

  Here on this chart we stay above 12hr on the way up but when we lose and fail to regain that measure it starts to be part of price decay or profit taking perhaps and then now also the 2 day average is challenged which represents fast buying.

I don't want to say that you can't but with the bull run, it is very hard to buy at a lower price knowing that the current trend of the market is going upwards.

You might buy at a low price and sell it but once you will buy it again, you will just buy it at a higher price and not at the price where you first bought it. The market that is in a bull run will make many higher lows until it runs out of fuel and will make a big reversal towards the downside. Right now this strategy will be hard to use unless you are willing to risk your money.

Knowing the possible support prices might help you know where you buy Bitcoin.

Stop being a trader because Trader will try to buy low and sell high, I think you must learn more about Bitcoin, so your mindset will change automatically, From buying low and sell(as Trader) and will change to Buy and Hold (as Holder) and trust me, if you become a Holder you will be happy at the end.

You can still stick on your plan of buying low and selling high but you need some knowledge to apply it. You should not sell your coins until you assume that the price is fluctuating. Why would you sell your money when the market is pumping. I advise you to save your coins and hold it for long term