Bitcoin Forum

Economy => Trading Discussion => Topic started by: SafuBTC on July 22, 2022, 06:39:24 AM



Title: buying low and selling high
Post by: SafuBTC on July 22, 2022, 06:39:24 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?


Title: Re: buying low and selling high
Post by: pooya87 on July 22, 2022, 07:25:57 AM
I don't know if it is good practice but it is a method that day traders use regularly. You have to beware that this strategy is not as easy as it sounds because it requires a good understanding of the market and a lot of experience in it so that you can make the best "bets" on the price otherwise due to the high risks you could end up buying a shitcoin speculating to be pumped but it gets dumped hard causing you to lose a lot of money.


Title: Re: buying low and selling high
Post by: Charles-Tim on July 22, 2022, 07:58:09 AM
That is basically trading if you are using spot trading to buy low and sell high, it is easy theoretically but money loss is possible in real life spot trading, the market is not easy to predict and very hard for beginners to start using spot trading to make money. You have a lot to learn, like learning how to manage your risk, how to control your emotion and how to never use more than the amount of money that you can afford to lose, people use the amount of money they can afford to lose to trade because if the risks involved.

If your purpose is investment, never leave your money on an exchange, all the coins that remain not used on your exchange account should be moved to a noncustodial wallet. But if it is trading that you meant, always know that trading is risky. If not done properly, it can result to money loss just like gambling.


Title: Re: buying low and selling high
Post by: mk4 on July 22, 2022, 08:01:57 AM
Buying low and selling high is an overly simplified way of looking at trading. It makes it sound so easy, but in reality it's a lot harder than most people think. It looks like a viable strategy if the chart consistently looks choppy like /\/\/\/\/\/ but of course, it's not always the case. You can buy small amounts hoping to sell it above just a few dollars, but you could easily be screwed if it decided to just going down.


Title: Re: buying low and selling high
Post by: Z-tight on July 22, 2022, 08:15:27 AM
a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Spot trading may be good practice for some people, i don't really know, but it isn't good practice for you because you suddenly want to try it out because your relative told you they did and grew their portfolio from it, that is information you can't even verify whether it is true or not, because you were only told, you were never a witness to it, according to what you said.

Your relative only told you the advantages of buying low and selling high, making it sound all too easy for you to try out, well it isn't, there are risks in it, the market can't be predicted, neither can you be sure of the movement of the coin that you will be buying low with the hope of selling high.

Long term 'buying low and selling high' with Bitcoin will be possible, bitcoin grows in the long time, and it is good practice if you can buy it for a low amount and persevere for the long run, and the risk is very low too. But buying low and trying to sell high with many altcoins so you can make profits immediately is so risky and you might not make any money from it, screwing yourself in the process.


Title: Re: buying low and selling high
Post by: Ryker1 on July 22, 2022, 09:00:58 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Well that is a good way but sometimes we made a wrong decision due to the market is unpredictable, still --the risk was there because we don't know when it will be high or low the price. Th right thing is to invest for a long term and hold it for how many years so that you will see the right profit, it seems like waiting if there is a bull market and no one can tell when it is. So possible you will gain profit with that strategy but your problem now is how to determine the market movement, perhaps, selling your portfolio or something like raising the amount by a dollar.


Title: Re: buying low and selling high
Post by: Beparanf on July 22, 2022, 09:08:50 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

How much small dollar we are talking about here? Because you can increase profitability if you will use futures trading with low leverage rather than spot trading alone. In traditional way, Spot trading is the perfect choice for buying low and sell high since it doesn’t have liquidation price but since futures trading already introduced, It was good for user that don’t have enough funds to borrow funds for trading in exchange for a certain margin ratio.


Title: Re: buying low and selling high
Post by: Welsh on July 22, 2022, 10:53:29 AM
As with any trading, the more you invest the more you earn if you actually do profit. However, the more risk. If you're trading such low amounts, even if Bitcoin x10, you might be talking $100, but the risk involved in that provably isn't even worth the reward. It's up to you, but trading requires a lot of luck, I don't care about others say. You need luck, and you need a little bit of wit about you. If you can separate your emotions, great. If not, trading isn't for you.

Personally, if you haven't traded before, and are new to Bitcoin, I wouldn't recommend Bitcoin trading at all. Bitcoin is much more volatile than most trading, which means greater risk when you're trading frequently.


Title: Re: buying low and selling high
Post by: NeuroticFish on July 22, 2022, 11:00:22 AM
is using spot trading to buy low and sell high for few dollars a good practice?

In theory it is... if one does his math right and doesn't pay more for fees than it earns (this is in general, since no-fee trades won't stay forever).

But there's a big problem in reality: if you are inexperienced you can end up with a lot of Bitcoin when the price goes suddenly down or you can end up with a lot of USD when the price goes up suddenly. So you have to know how to foresee such cases and have safety nets that allow you continue trading (even with a small loss) if this happens.

This is why people tell that trading is not for everybody: it is difficult, no matter how easy it looks for short periods of time.


Title: Re: buying low and selling high
Post by: TheNineClub on July 22, 2022, 11:42:11 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

It depends on what you think good practice is? Is your only goal in crypto to make money? Then it's just fine and one of the tools that can be used for that purpose. Do you support the concept of crypto at its basis and how it was conceived with BTC? Then it probably isn't because it's a game where people lose their money so that other people could gain money.


Title: Re: buying low and selling high
Post by: Taskford on July 22, 2022, 12:23:10 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

If you are in profit on your spot trades then you are doing good already and remember that profit is profit so get settle with it. Since for wanting more you might experience a heavy lose due to unforseen circumstances like bag holding some coins because you believe that it will pump. So if you are new be settle with little because from their you can practice more your skills and for sure in future you can earn more with it.


Title: Re: buying low and selling high
Post by: mk4 on July 22, 2022, 02:05:13 PM
How much small dollar we are talking about here? Because you can increase profitability if you will use futures trading with low leverage rather than spot trading alone. In traditional way, Spot trading is the perfect choice for buying low and sell high since it doesn’t have liquidation price but since futures trading already introduced, It was good for user that don’t have enough funds to borrow funds for trading in exchange for a certain margin ratio.

While technically true, OP, don't do this. Using leverage especially for newbies will just speedrun your demise. With spot, you can at least wait till your holdings go back up in price (assuming you didn't buy shitcoins); but with leverage, you can simply get wiped out.


Title: Re: buying low and selling high
Post by: traderethereum on July 22, 2022, 02:16:44 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Yes, that is a good practice to test your skills but you should not use too big money if you do not have many skills.
You should remember to analyze to find the right coin and that is not easy but you can stick to bitcoin trading if you confuse about selecting the altcoin.
When you can profit from bitcoin trading, you do not have to use bigger money to trade as you still learn more about trading.
Last but not least, take your profit whenever you see it and do not wait too long to take the profit because the price can move anywhere without you knowing.


Title: Re: buying low and selling high
Post by: Luzin on July 22, 2022, 02:19:58 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Everyone wants to do this thing, but it is too difficult to be able to have such a moment. I'd rather take advantage of the moment, not have to find a low price but find a moment where the price is cheaper and goes up immediately. That's what I prefer. Your principle may be suitable for holders, long-term trading. But I think indeed everyone has different techniques according to their comfort. Maybe if you are curious you better try.


Title: Re: buying low and selling high
Post by: Shamm on July 22, 2022, 02:25:04 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
We have different strategy in investment Maybe that's a good practice when the price will go down then let's buy and if the price will go higher and higher then let sell. For me it's very easy to say but in actual investing it's hard do do because we don't know the movement of the market. In long term investing we must discipline our self before we invest. Because in investment full of excitement and trials.

 


Title: Re: buying low and selling high
Post by: Marvell1 on July 22, 2022, 05:08:34 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

You can use this method and spot trading is not as risky as futures trading. This is a way to help you hone your trading skills, but spot trading only, no futures or margin trading, it's not suitable for you. The other thing to remember is that trading is not always smooth, so it is a good idea to start with small amounts and take profits every time it is profitable. Trade with discipline, do not be greedy, do not use emotions to trade and the goal is always clear.


Title: Re: buying low and selling high
Post by: masulum on July 22, 2022, 06:38:05 PM
There are several reasons why in practice this is difficult to do for new trader.

1. Panic
A trader who is just starting out, generally panics when seeing their coin drop more than 5%. Because of this they are selling his BTC without waiting the price being recovered. After selling, he did not doing a buy back when the price continued to fall to get additional BTC while drop.

2. Greedy
Already getting profit, trying to find more. of course, you can do that. But you have to prepare yourself for a long-term hold, not just to make a profit today. If your goal is trading daily, then hold is not an option. However, most members on this forum will choose to hold BTC until find a good market condition. However, this is also not a suggestion, to do the same thing.

3. Fomo
Next up is FOMO, people are more likely to want to join the "train" when they see a coin being pumped. Finally, the buy low strategy is not applied anymore, with a take profit target for the short term. Unfortunately, after entry, it could be time for the price to go down/correction. coz they are buy on the peak, back to points 1, they are panics and sell them all just in few hours after buying, even he is loss more than 50%.

So, the conclutions from me, Buy Low Sell High, sometimes not easy like what they said. Do own research, do own analysis, and you can follow your target to buy low sell high.


Title: Re: buying low and selling high
Post by: coolcoinz on July 22, 2022, 06:58:16 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

What is low and what is high?

Would you be able to describe a low and high price? I know that we can use some patterns like moving averages, golden crosses and such, but I'll give you an example. We were at 30k, after falling from 65k, so over 50% down. Was that a high price? Most traders would tell you that it's more likely a low price than a high one, yet we fell down from it by almost another 50% to 17k.


It's a good strategy if you get lucky. Don't think you'll be able to predict the market each time because the market is often manipulated by whales. For instance when we were at 40k LUNA went bankrupt and dumped a billion USD in bitcoin and then Tesla dumped again at 30k that took us down to 20. These aren't things TA will tell you.


Title: Re: buying low and selling high
Post by: lalabotax on July 22, 2022, 09:55:49 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
The advice is very simple. Buying low and selling high. But during the waiting for the price to rise up higher, there will be probably difficult rpocess.
You must be ready for long-term investment so that you will not panic every time the price drops.
In this case, the price of Bitcoin is not always rising higher, but this also may be dropped very diply. That is why you must understand about this kind of investment.
You can get high profits if you are patient, butu you may loose easily if you panic easily


Title: Re: buying low and selling high
Post by: Mr.right85 on July 22, 2022, 10:43:21 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Few dollars or not, the point for me is:

Are you making profit in each of those sales? If yes, then it means your doing okay other wise, your just wasting your whole them time and resources when all you could have done is just buy and hold.

I consider holding for long term one of the best way to make the most out of the cryptocurrency market if you are about that and isn't in a hurry too.
This would be much easier if you've got another source of income to keep up with while holding so, you don't get tempted to sell and you've got to be a believer enough not to entertain FUD.


Title: Re: buying low and selling high
Post by: qwertyup23 on July 22, 2022, 11:10:51 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

This method is every trader's and investor's dream- buying low and selling high indicates a profit on your end. While this method may sound simple, the reality is that this is a complicated task where both must exercise patience especially that the price of cryptocurrencies are highly volatile in nature.

Buying low and selling high is what everyone must do but in reality, it is difficult to execute given that the price of cryptos are volatile. This rule is also not absolute as you also have to set the parameters in determining what is "low" and what is "high."


Title: Re: buying low and selling high
Post by: hugeblack on July 23, 2022, 08:59:10 PM
Buy low and sell higher is the result/Goal of the application of trading strategies and not a trading strategy in itself, so you cannot implement it in practice, but it is intelligence that makes its owner rich in price, so try to attract it with all the subtraction.


Title: Re: buying low and selling high
Post by: TelolettOm on July 23, 2022, 11:53:27 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This will really work in the spot trading, moreover for holding. because if we are holding the coins. we can wait for the price to rise up and reach a certain price as we target. This will be different if we are daily traders in which we may think of using stop loss to minimize loss. And we also donat know that in the short period, the price of the coins will be dropped or rise up again. That is why buying low and selling high will relate really to the matter of time, FA, and also the bullish-bearish market era.


Title: Re: buying low and selling high
Post by: cryptoaddictchie on July 24, 2022, 04:10:52 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is actually a good practice for newbies and even whale are more often using spot trading cause they taking advantage of their big pot money to move the price a bit or more. Yes what your relative said could be true cause the price is highly volatile and he can do a buy and sell method for his portfolio. Some even risk taker are still into spot than a risky leverage trading where your funds could be wipe if not done properly.


Title: Re: buying low and selling high
Post by: Alisha-k on July 24, 2022, 04:15:52 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
It is very profitable and can grow your portfolio within a short time but you have to know when to time your entry point to avoid loss. One thing about spot trading is that it takes less greed and more patience to get the best out of the market. Lastly you should know when the price is low, average, almost exhausted and high this means you are bound to your chart as long as your trades are open.


Title: Re: buying low and selling high
Post by: KellyHands on July 24, 2022, 03:07:32 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

This approach is a good way to grow ones portfolio, no doubt. But it comes with some level of risk. This is because the value does not always go higher than the value at which it was purchased. One needs to do some work and study the trend to know when to purchase and when to sell to avoid losing out. Secondly, it's also great to consider the coin that would be used for this exercise, there are many more altcoin in the market that don't have a good foundation and could go to oblivion anytime. These should be considered before making an investment decision.


Title: Re: buying low and selling high
Post by: uchegod-21 on July 24, 2022, 04:48:25 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

I can say that it is a good method and it works for anyone that knows how to do it. My concern is when will you know when it is low to buy and also know when it is high to sell. The difficulty in knowing the low is the problem you will have. But if your friend can tell you how he was able to succeed you can follow so.

Everyone knows it I good to buy low and sell high but small number of people knows where there will be low and when there will be high.


Title: Re: buying low and selling high
Post by: _BlackStar on July 25, 2022, 09:12:30 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Good practice is when your strategy actually makes you a profit, whatever it may be. Buy low and sell high are one of the trading methods that are guaranteed to make profit, but the question is: How do you determine the low and when do you think it is high?

Of course it's not as easy as turning your palm because you really have to make an analysis to determine the best time to buy.


Title: Re: buying low and selling high
Post by: GeorgeJohn on July 25, 2022, 11:05:55 PM
This is another kind of investment in cryptocurrency, i believe that cryptocurrency buying and selling of cryptocurrency will not make you to make profit as well. The thing that will give you a vital profit for investing for cryptocurrency. Is the process of purchasing cryptocurrency and hold and not exactly when the price is low or high, at least any time you feel like purchasing cryptocurrency.


Title: Re: buying low and selling high
Post by: taufik123 on July 26, 2022, 04:22:57 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Good practice is when your strategy actually makes you a profit, whatever it may be. Buy low and sell high are one of the trading methods that are guaranteed to make profit, but the question is: How do you determine the low and when do you think it is high?

Of course it's not as easy as turning your palm because you really have to make an analysis to determine the best time to buy.
it takes a technical and fundamental analysis. Buy Low Sell High is easy to say, but in practice it will not be that easy.
Determining when to enter and when to exit the market requires technical analysis, without using analysis as well as trading like gambling, only based on reason and luck. Psychology is also an important factor that will affect the final outcome of a trade or investment.


Title: Re: buying low and selling high
Post by: Mpamaegbu on July 26, 2022, 10:18:37 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
First off, there are certain things one is taught in theory that aren't that way in practical reality. Example is the buy low and sell high matra. This, in the true sense of the expression, doesn't exist. It's the same thing when anyone says something about overbought and oversold. I say this because no one can figure out a bottom or top while price is at that region. Anyone who tells you otherwise or says they knew Bitcoin top or bottom before it happened isn't telling the truth. This is a highly unpredictable industry. There's not certainty and that's why we say it's speculative.


Title: Re: buying low and selling high
Post by: Kelvinid on July 26, 2022, 11:05:27 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Perhaps, this strategy has existed for many years and it was really effective when it comes to trading. In fact, even experts as still doing this which means that among all the strategies that have been created now, this is somehow ideal to use.
That is why we are too fortunate that we have this highly volatile market where we have the opportunity to buy low to accumulate more, then hold for a while waiting for the price to rise and sell. The design of the market seems to be really good in trading and even the bear season, traders still have the chance to survive and make profit from it.


Title: Re: buying low and selling high
Post by: _BlackStar on July 26, 2022, 11:22:23 PM
-snip-
it takes a technical and fundamental analysis. Buy Low Sell High is easy to say, but in practice it will not be that easy.
Determining when to enter and when to exit the market requires technical analysis, without using analysis as well as trading like gambling, only based on reason and luck. Psychology is also an important factor that will affect the final outcome of a trade or investment.
Of course and true if without analysis, traders are only gambling with their lucky from price fluctuations. But the average newbie does this, right?

I remember the early days of getting to know crypto. I really want to trade and also really want to invest, but I don't have the skills to make analysis. I'm sure all newbies must have experienced it, but if they really want to learn then sooner or later their knowledge will increase which in the end can be useful for them.  I'm sure everything is not easy, but consistency and high curiosity will affect our speed in understanding something new.


Title: Re: buying low and selling high
Post by: JoyMarsha on July 26, 2022, 11:55:43 PM
It sounds easy and simple, going by how you said it. If crypto trading is that easy, everyone would have adopted this strategy and be making a whole lot of money.

As it seems, the market is unpredictable to forecast whether there will be an increase or decrease in price in the next hours. That's why the majority of investors considered having a long-term investment due to the volatile nature of crypto. With that method, their goal is been set is make huge profits


Title: Re: buying low and selling high
Post by: Cookdata on July 27, 2022, 12:13:35 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Grow his portfolio? You can grow your Portfolio by buying low and selling high when the price appreciates and most of the time, it takes time to sell at the high time except if your relative is a trader and being a trader can be a daily or occasional trader who trades when in the mood or see an opportunity.
However, can one buy low and sell high and still increase their portfolio? You can increase your portfolio when you buy coins more and more with dollar cost average in every opportunity which is always this kind of times(bear time) and sells high when the price appreciates.


Title: Re: buying low and selling high
Post by: Peanutswar on July 28, 2022, 01:41:48 PM
Even we said doing a buying low and selling high as a basic concept still it requires a good practices like making a stop loss and take profit and always make a manage what kind of trading plan you will make in what time frame like long or short term example make a trade in 4 hr time frame, day, weeks or months. Even though it is looks like simple makes an investment with your knowledge how to trade by that you can make a good profit.


Title: Re: buying low and selling high
Post by: Falconer on July 28, 2022, 03:20:20 PM
Even we said doing a buying low and selling high as a basic concept still it requires a good practices like making a stop loss and take profit and always make a manage what kind of trading plan you will make in what time frame like long or short term example make a trade in 4 hr time frame, day, weeks or months. Even though it is looks like simple makes an investment with your knowledge how to trade by that you can make a good profit.
Simple to say but hard to put into practice.
Currently the bitcoin price is still at the lowest 66% of ATH, and this is an opportunity to expect future profits at higher prices. I don't expect day trading as a reason for high profits, but it should be a long term investment that may be good in 2 to 3 years or more.


Title: Re: buying low and selling high
Post by: AakZaki on July 28, 2022, 09:43:06 PM
First off, there are certain things one is taught in theory that aren't that way in practical reality. Example is the buy low and sell high matra. This, in the true sense of the expression, doesn't exist. It's the same thing when anyone says something about overbought and oversold. I say this because no one can figure out a bottom or top while price is at that region. Anyone who tells you otherwise or says they knew Bitcoin top or bottom before it happened isn't telling the truth. This is a highly unpredictable industry. There's not certainty and that's why we say it's speculative.
You're right, technical and fundamental analysis is just as an aid to avoid anything bad from happening. Because the market cannot be predicted exactly by their movements are very unpredictable. But thanks to the existence of tenikals who have the same patern and have been agreed that market activities have become more visible where it is going. Although in the end we are also not 100% sure because the market is not only technical. Sometimes Whales undermine the technicalities we have done and change the direction of the exchange market movement.


Title: Re: buying low and selling high
Post by: Poker Player on July 29, 2022, 03:52:47 AM
If we are talking about Bitcoin only, it is better to do DCA if you don't have a lump sum to invest all at once. If you do, someone who has been following the markets for a while would identify that now is a low good time to buy, regardless of whether the price may fall in the short term, and invest the lump sum now.

When it comes to selling, what you should never do is sell all your Bitcoin. When we get back into the bull market, when we hit $69k or even $100k, you can sell to taste profits but small pieces and always remaining invested.


Title: Re: buying low and selling high
Post by: Stella Mese on July 29, 2022, 03:36:15 PM
buy low and sell high. yes, that's how it should be in trading in crypto in order to get the maximum profit. it sounds very easy but in practice it is not that easy, because we have to be really accurate in analyzing prices, even if crypto prices go down we have to analyze it properly and have to know the end point of the lowest price, don't buy the price, we think it's already low even though the price is still haven't hit the bottom yet so we have to be really careful when buying crypto. because if we buy carelessly we will lose, and I have also experienced losses because I don't know the knowledge, but after I studied for a long time I finally succeeded, being able to buy at a low price and sell at a high price. and if you want to learn it can be done online or offline.


Title: Re: buying low and selling high
Post by: Jawhead999 on July 29, 2022, 03:51:02 PM
but after I studied for a long time I finally succeeded, being able to buy at a low price and sell at a high price. and if you want to learn it can be done online or offline.
Now you can explain to me, how you can analyze the market and know exactly how much the low and high price :D

I have already learn so many thing and it doesn't make me understand, personally I don't see chart and draw a line will help you to know when the price will go since you can't know what exactly will happen in the next hour, day or week. The price can suddenly drop and you don't even predict that, it just like full of market health and condition, not trading skills.


Title: Re: buying low and selling high
Post by: tvplus006 on July 29, 2022, 06:17:55 PM
is using spot trading to buy low and sell high for few dollars a good practice? ..

There is nothing easier than to follow this advice, but in practice it often turns out the opposite. And as a result, you buy coins at high and sell them low. Accordingly, instead of the expected profit, you get a loss and leave the cryptocurrency market with empty pockets.


Title: Re: buying low and selling high
Post by: Rufsilf on July 29, 2022, 09:21:57 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Perhaps, your relative manages to keep his vision and remain on the strategy. You can certainly imagine that was easy but many traders do in opposite because their doubtful mindset causes them to think negatively instead of staying on the strategy which makes it happen now " Buy low, Sell Low". Because if we all understand the market and keep on this, we all gonna rich but unfortunately, only a few survive because they fail to follow what it says. It all just talks but not in reality.


Title: Re: buying low and selling high
Post by: landheer on July 29, 2022, 11:48:09 PM
Interesting topic, for investing in crypto is long term or short term investment. we have to buy at a low price and sell at a high price, of course what we need is the knowledge first, because in my experience sometimes when we want to buy crypto we like to slip at a price that is too expensive, so we have to be smart when buying crypto we must be able to estimate the price and Of course you have to know the lowest price point and have to buy when the market is bear and sell when the market is bull.


Title: Re: buying low and selling high
Post by: Peanutswar on July 30, 2022, 01:52:59 PM
It sounds easy and simple, going by how you said it. If crypto trading is that easy, everyone would have adopted this strategy and be making a whole lot of money.

As it seems, the market is unpredictable to forecast whether there will be an increase or decrease in price in the next hours. That's why the majority of investors considered having a long-term investment due to the volatile nature of crypto. With that method, their goal is been set is make huge profits


It just looks easy because you will see the market to wait for the dip and buy but not all the time it happens that's why having knowledge of the technical indicators and analysis by that instead of waiting for the dip without assurance or pump with your knowledge you can prepare yourself what is the possible price ideal to make a safe buy, not all dump is the dip and not all pump is ATH. Always manage your risk make a stop loss and profit not all investor will hold their coins its volatile.


Title: Re: buying low and selling high
Post by: EarnOnVictor on August 03, 2022, 06:28:29 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
I am an expert trader in traditional Forex trading, commodities, stocks, equity, energy and cryptocurrency markets, I must say that the same principle applies to all of them. You can sell them at their highs/peaks or buy them at their lows/bottoms. I mentioned the other classes of assets because this kind of practice has been in existence for many centuries ago and works well for cryptocurrencies too.

Nonetheless, if you are doing this, make sure you use higher timeframes and include both price action and other technical analyses for more confirmation. I suggest support and resistance strategies for the analysis.


Title: Re: buying low and selling high
Post by: Laurendaldin on August 12, 2022, 12:02:30 AM
I'm deeply convinced that everything that someone describes as "easy peasy", in fact, turns out much more complicated. It will be very difficult for a beginner to predict the behavior of the market. I wouldn't risk my investments if I'm not sure of the result (or at least in my assumptions about the results)


Title: Re: buying low and selling high
Post by: touseefahmad1999 on August 16, 2022, 08:33:36 AM
Bro you can do that with less dollar to buy and sell in spot trading . But you have some idea about spot trading that where you that buy and sell any tokens. Even that if you buy in dip so you can sell on High with the help of support and resistance. Iam using some tools to predict the support and resistance that is why you could be successful trader. Pick fundamental strong tokens & coin to daily trading then you have make huge profit


Title: Re: buying low and selling high
Post by: alik111 on August 16, 2022, 02:24:07 PM
If your main purpose is about doing practice then you should try trading with demo account. And if you want to make profits by this way you have to learn about trading and have proper experience in trading.


Title: Re: buying low and selling high
Post by: Fivestar4everMVP on August 16, 2022, 07:55:38 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
In my personal opinion, it is a good practice, but there are rules that must be obeyed if you want to profit in this kind of trading most especially, if you are a newbie,  I will run you through some of this rules in a bit.
1. Trading spot requires a great amount of patience,  you can't be able to grow your crypto portfolio through trading the spot market if you are not patient trader.
2. If you are a newbie trader,  it is very important that you start your trading journey with a very small amount of money,  atleast, $10 to $50,  you can increase this amount as you become more experienced and confident in yourself.
3. Diversity is important in crypto spot trading,  don't put all your eggs in one basket,  trade different coins but it shouldnt more than what you can handle, this advice is important because you never know which will bring you more profit.
4. learn to use a DCA  strategy,  that is, do not use all your funds to buy a coin at a go,  buy in stages most especially, when the price of the coin is going down.
5. Do away with greed in trading spots,  greed will only lead to losing profits you already gained and also losing your capital as well if you are not careful,  so watch it, very important.
6. Have a set target of profit margin per trade and per day,  and compel yourself to always stick to your target,  give yourself rest once youve meet your target, do jot over trade.
7. Give yourself to knowledge and new knowledge all the time,  we live in a world where things are fast changing technologically,  so open yourself to constant reading and market research, pay attention to market news, all this will help you know which coin to trade and which to avoid.

Conclusion,  there are many other rules/tips,  but with the above,  I believe you are already on a good foundation,  trading is a good skill that if mastered,  can give you a life of living without financial worries.. So give yourself to mastering the skill if you fancy doing it.


Title: Re: buying low and selling high
Post by: Issa56 on August 18, 2022, 10:25:40 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is a basic way to trade, and it is the simplest way which you can trade, but I can tell you if you want to be trading like that then it requires enough patience, you don't have to be looking for fast money, you have to patienly wait for a coin to dump, then you will buy, also you have to wait for the price to increase then you will sell. Don't think immediately you buy the price will start increasing, the price will still dump more because it's really difficult to buy the bottom and you will wait till it increase before you sell which might take hours, days or months. If you want to be using this method them make sure you are trading bitcoin.


Title: Re: buying low and selling high
Post by: Rengga Jati on August 18, 2022, 11:11:05 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Basically, trading on the Spot market is probably less risky than in the Future market. However, there are some notes that must be considered if we are going to trade in the Spot market. It is better to see the coins that have really high market cap and trading volume. However if they are with high changes in some certain times.
The question may beat what price it is considered as low price and sell on what price target. But, this will depend on personal counts. As long as you are not panic enough, have good attention on choosing which coins worthy for short term, and also how the market condition at that time. Because we also don't  know if after buying the coins, the amrket will exactly rise up or moroever fall down drastically.


Title: Re: buying low and selling high
Post by: Oceat on August 18, 2022, 11:59:19 PM
If your main purpose is about doing practice then you should try trading with demo account. And if you want to make profits by this way you have to learn about trading and have proper experience in trading.
Maybe OP was just curious because his friend was like trying to make money but OP doesn't know the real risk about what his friend been doing. OP should at least learn the basics first since it seems like he wanted to try this kind of strategy although, it's not that easy when talking about trading since it does need someone to be ready whatever happens and I think his friend was using a signal to trade but it cost too much time and also you have to be patient of doing this.


Title: Re: buying low and selling high
Post by: Ketesnuko on August 19, 2022, 06:47:32 PM
You need to have some crypto trading knowledge to be able to take advantage of every dips in the market or else your coins will decrease due to you panicking and FOMOing, better trading strategy will get you relaxed because you understand what's coming.


Title: Re: buying low and selling high
Post by: touseefahmad1999 on August 20, 2022, 04:05:05 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Great question bro that is good strategy according to me because that is early stage and you can learn alot of mistake rather than for taking big steps. I also trading on spot and always check support and resistance before taking trade. It's help me to make the growth of my portfolio. Do investment small money and accordingly exist when you see the profit


Title: Re: buying low and selling high
Post by: touseefahmad1999 on August 20, 2022, 04:18:03 AM
You need to have some crypto trading knowledge to be able to take advantage of every dips in the market or else your coins will decrease due to you panicking and FOMOing, better trading strategy will get you relaxed because you understand what's coming.

I agree with your precious point. Crypto knowledge and learning is very main point to grow your skills that make us more perfect and able to take trade in every market situation it doesn't matter what market next move always make profit in every condition. If long term investment always do strategy in DCA to make huge return


Title: Re: buying low and selling high
Post by: Taskford on August 20, 2022, 11:18:15 AM
If your main purpose is about doing practice then you should try trading with demo account. And if you want to make profits by this way you have to learn about trading and have proper experience in trading.
Maybe OP was just curious because his friend was like trying to make money but OP doesn't know the real risk about what his friend been doing. OP should at least learn the basics first since it seems like he wanted to try this kind of strategy although, it's not that easy when talking about trading since it does need someone to be ready whatever happens and I think his friend was using a signal to trade but it cost too much time and also you have to be patient of doing this.

Getting hype by his friends trading results is good start already for him to find information about what he want to do. But it really takes more time for newbies to earn decently since if they just do buy low and think about selling it at high price then maybe he cannot get what he expect especially if the market suddenly collapsed so I think much better if they read different stories or experiences from other trader because for sure they can learn a lot from this.


Title: Re: buying low and selling high
Post by: Kalchef on August 20, 2022, 07:08:54 PM
Every buying is an opportunity that may never be seen again so buying and selling is risky too, I have seen a coin that dips to 0.01$ in the past and its now so far away from its all time low, looks like it will never happen again so be careful.


Title: Re: buying low and selling high
Post by: touseefahmad1999 on August 21, 2022, 03:57:31 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Well that is a good way but sometimes we made a wrong decision due to the market is unpredictable, still --the risk was there because we don't know when it will be high or low the price. Th right thing is to invest for a long term and hold it for how many years so that you will see the right profit, it seems like waiting if there is a bull market and no one can tell when it is. So possible you will gain profit with that strategy but your problem now is how to determine the market movement, perhaps, selling your portfolio or something like raising the amount by a dollar.

Yes s.r I agree Market is too volatile such a unpredictable but long term investors Definitely gains huge profit because it's short term market moves does not worries. And before investing strategy is very important then investment in strong fundamental coins


Title: Re: buying low and selling high
Post by: Uzairjutt275 on August 23, 2022, 04:36:22 AM
Now the market is too down and this is a great opportunity to buying and hold for long term. And newbies will get more profit by this opportunity. And also buying at your own risk


Title: Re: buying low and selling high
Post by: Uzairjutt275 on August 24, 2022, 10:20:33 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Yes bro now the market situation is too down this is time to get profit by investing in different cryptocurrency like BTC,eth, ada,matic etc and you can also hold for long term by huge profit and also invest you money at your own research.


Title: Re: buying low and selling high
Post by: Hypnosis00 on August 24, 2022, 11:23:55 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Your relative can proved it and it was enough. But it doesn't mean that it will on you so well as it certainly depends on you after you buy. It is something to say that your relative is good at managing his funds, can do the holding, and definitely, can handle hos emotions. And the question is if you can do the same as what he does? Because if you can, then no doubts that you will also gain and multiply your money as well.

I suggest having it try even just a small amount in order to test yourself about this, after that you can tell us back what it happens to you.
Good luck...


Title: Re: buying low and selling high
Post by: Luffygroove on August 25, 2022, 05:17:56 AM
IMHO, to buy low and sell high is the essence of trading no? but in this kind of season, it's really hard to predict the volatility of each coin/token. So many factors are actually related to this kind of strategy, like emotionally, cognitive, and instinct. You need to practice and learn from your experience first to find the style that suits you. You really have to be meticulous and patient to be able to implement this strategy. Remember, only invest some that you afford to lose. Good luck, buddy.


Title: Re: buying low and selling high
Post by: Laurendaldin on August 31, 2022, 07:48:45 PM
There is a joke: investing is very simple - just buy when it's cheap and sell when it's expensive. It seems to me that your success will depend only on your knowledge and experience. It's not worth chasing instant earnings, I think.


Title: Re: buying low and selling high
Post by: South Park on September 02, 2022, 09:47:40 PM
IMHO, to buy low and sell high is the essence of trading no? but in this kind of season, it's really hard to predict the volatility of each coin/token. So many factors are actually related to this kind of strategy, like emotionally, cognitive, and instinct. You need to practice and learn from your experience first to find the style that suits you. You really have to be meticulous and patient to be able to implement this strategy. Remember, only invest some that you afford to lose. Good luck, buddy.
You mentioned something that is often ignored but which is quite important, we need to find a style of trading that suits us, it is precisely because of this that you can learn the trading strategy that another trader uses and which you know is profitable and still lose money with it, simply the strategy does not suit you and as such you need to learn more about the market until you eventually develop a strategy that you can actually put to use, as you may guess this is not easy to do but if you want to become profitable you have no other option but to do it.


Title: Re: buying low and selling high
Post by: Fatunad on September 02, 2022, 09:54:06 PM
IMHO, to buy low and sell high is the essence of trading no? but in this kind of season, it's really hard to predict the volatility of each coin/token. So many factors are actually related to this kind of strategy, like emotionally, cognitive, and instinct. You need to practice and learn from your experience first to find the style that suits you. You really have to be meticulous and patient to be able to implement this strategy. Remember, only invest some that you afford to lose. Good luck, buddy.
You mentioned something that is often ignored but which is quite important, we need to find a style of trading that suits us, it is precisely because of this that you can learn the trading strategy that another trader uses and which you know is profitable and still lose money with it, simply the strategy does not suit you and as such you need to learn more about the market until you eventually develop a strategy that you can actually put to use, as you may guess this is not easy to do but if you want to become profitable you have no other option but to do it.
People cant really just avoid on not to look upon into others ways or methods on dealing up with the market which they do believe that it could really be that effective
nor profitable if they do decide on doing that without even realizing that it wont really be that a good idea.Nothing beats out if you do really stick with your own trading ways
and never intend to copy on what others been doing.Buying low and Selling high might be that very basic to hear at but its not something that simple that you could
really able to apply it because if you are already on the actual condition or situation then this is where things started to get hard.  :D


Title: Re: buying low and selling high
Post by: crzy on September 02, 2022, 09:59:56 PM
People cant really just avoid on not to look upon into others ways or methods on dealing up with the market which they do believe that it could really be that effective
nor profitable if they do decide on doing that without even realizing that it wont really be that a good idea.Nothing beats out if you do really stick with your own trading ways
and never intend to copy on what others been doing.Buying low and Selling high might be that very basic to hear at but its not something that simple that you could
really able to apply it because if you are already on the actual condition or situation then this is where things started to get hard.  :D
Many are just following someones advice simply because they have no knowledge about this, and the risk started the moment you trade with someone’s strategy, that can’t work for you all the time. Buy low and sell high might be an easy terms for trading but honestly, it’s not enough for you to succeed in trading. You must know how to properly win in trading the right way, if you want to make trading easy for you, start learning.


Title: Re: buying low and selling high
Post by: AicecreaME on September 03, 2022, 09:10:02 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

It requires a good technical analysis for you to be able to make profits. You have to know like 80% when to buy and sell your cryptocurrency that you are using in spot trading. To answer your question, I believe yes, it is a good practice since spot trading is less risky than futures. I usually trade big coins in spot and not altcoins because of it's reputation and high volatility. 


Title: Re: buying low and selling high
Post by: blockman on September 03, 2022, 11:07:23 AM
It's a good practice to start with. I have read newbies that are jumping too quick into the futures because they see the others making that much profit there.
But the bad part is that they don't expect of being liquidated when the market's too volatile and that's the bad side of it for the newbies. Although, they can push it if they want to but with a decent amount of knowledge and experience.


Title: Re: buying low and selling high
Post by: TheUltraElite on September 03, 2022, 05:49:15 PM
It's a good practice to start with. I have read newbies that are jumping too quick into the futures because they see the others making that much profit there. But the bad part is that they don't expect of being liquidated when the market's too volatile and that's the bad side of it for the newbies. Although, they can push it if they want to but with a decent amount of knowledge and experience.
If a newbie makes money from futures trading, they are no newbie at all. ::)

Spot trading on the other hand is the first thing to go for any newbie out there. There are reasons for the same: spot gives you an idea how the market works and how you can divide your budget into buying a coin at different levels and make money when the levels are crossed back.

Futures and other such gambling modes are risky moves and should only be done by someone willing to take the risk. Since the market is currently bearish and a bit on the stagnant side, futures is making the rounds in this forum but I can assure newbies reading this that dummy trading and then spot trading is the way to start.


Title: Re: buying low and selling high
Post by: DoublerHunter on September 03, 2022, 07:57:27 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
this is a method that is still being used successfully to achieve large profits. it's just not easy to do that. people can easily say that in this way, they can multiply their portfolio. but the fact is there are still quite a lot of people who have bad strategies about it. however, this is a method that is still used today to achieve great profits. if you are successful, then this will be a good thing, and if you are not successful, then this can be a bad method for you because not everyone has expertise in this area.
^Most commonly, those people who are able to extend their patience.
That is definitely right, buy low and sell high it seems very easy to say but in fact, you don't know how to predict the right time, it needs more time to determine your profit and this will include your patience to wait the perfect time of selling. So holding it in a long term will usually investors do.
However, aiming for a big profit which means holding for a long term will probably you need. Dont you ever sell your crypto asset under the price where you bought it.


Title: Re: buying low and selling high
Post by: Franctoshi on September 03, 2022, 07:58:17 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
From my experience, If you really wanna get involved with Bitcoin trading i.e buying the low and selling the high as you've said and in that process want to earn some money from that, therefore as a Newbie starting to trade, spot trading is just the best for you when it comes to that kind of trading style, as it will help protect you from getting liquited if you were to use leverage due to the volatility nature of the Bitcoin market. However, to do this ensure you've gotten a good trading strategy for good entry and exit point, hence you will still loose money as a result of buying the low and waiting to sell high and reverse will be case because you might be tempted to sell in a lose as result of seeing the price fall as you're not HODling Bitcoin.


Title: Re: buying low and selling high
Post by: serjent05 on September 03, 2022, 08:35:42 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

It is if you are successful enough to bag in a few profits in every trade you made.  Honestly, it is more profitable than just hodling you crypto portfolio making them just sit idle waiting for a great pump that will possibly not happen to appear.  Just make sure you have the proper skill, knowledge, information, and patience when you do this kind of strategy.


Title: Re: buying low and selling high
Post by: Bhig Daddy on September 03, 2022, 08:55:23 PM
Well I can’t really say if it a good practice or not but I know for sure is that this strategy is mostly used by daily traders, it might sound simple and all but it a very hard and risky strategy. You need to be highly experienced and understand the market very well too.


Title: Re: buying low and selling high
Post by: BitcoinPanther on September 03, 2022, 09:52:56 PM
Well I can’t really say if it a good practice or not but I know for sure is that this strategy is mostly used by daily traders, it might sound simple and all but it a very hard and risky strategy. You need to be highly experienced and understand the market very well too.

Indeed everything is hard at the start but if a person gets used to it, it is like breathing air. Well breathing air is also hard if you analyze how it is done.  Luckily our body is used to it that it do it automatically.  What I mean is, with enough experience, knowledge and tools, you can be able to grow your portfolio using this day trading method.  Just don't expect to do it easily when you are still learning the curve of trading.


Title: Re: buying low and selling high
Post by: GatotKaca on September 03, 2022, 10:03:24 PM
Well I can’t really say if it a good practice or not but I know for sure is that this strategy is mostly used by daily traders, it might sound simple and all but it a very hard and risky strategy. You need to be highly experienced and understand the market very well too.

Indeed everything is hard at the start but if a person gets used to it, it is like breathing air. Well breathing air is also hard if you analyze how it is done.  Luckily our body is used to it that it do it automatically.  What I mean is, with enough experience, knowledge and tools, you can be able to grow your portfolio using this day trading method.  Just don't expect to do it easily when you are still learning the curve of trading.
The hardest part is of course when choosing the assets to trade. Buying cheap and selling it at a high price is not easy. especially for trading.
what a beginner or even inexperienced person might do is to buy cheap and sell high is to invest. the early stages of beginners are usually like that. The planning used is the price. when the price increases they will sell it.


Title: Re: buying low and selling high
Post by: Oilacris on September 03, 2022, 10:33:50 PM
Well I can’t really say if it a good practice or not but I know for sure is that this strategy is mostly used by daily traders, it might sound simple and all but it a very hard and risky strategy. You need to be highly experienced and understand the market very well too.

Indeed everything is hard at the start but if a person gets used to it, it is like breathing air. Well breathing air is also hard if you analyze how it is done.  Luckily our body is used to it that it do it automatically.  What I mean is, with enough experience, knowledge and tools, you can be able to grow your portfolio using this day trading method.  Just don't expect to do it easily when you are still learning the curve of trading.
The hardest part is of course when choosing the assets to trade. Buying cheap and selling it at a high price is not easy. especially for trading.
what a beginner or even inexperienced person might do is to buy cheap and sell high is to invest. the early stages of beginners are usually like that. The planning used is the price. when the price increases they will sell it.
Its never been easy, it might be easy to hear up on your ears but when you are on the actual situation then this is where things turns out to be bitter where you do really face up the reality of trading.

Its never been simple on  doing that buying low selling high thing.Main question is, whats the peak price? Whats the bottom price? Of course these are the main things that you would really be having on
mind on which you would realize later on thats not how it works.
As time goes by then you would eventually able to discover out something or learning things along the way which would really be that beneficial for your trading career.


Title: Re: buying low and selling high
Post by: bhooscream on September 03, 2022, 11:59:00 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
AT least, the spot market has lees risks than in the future. If you expect this, this can really happen moreover if you buy the coins at a low price and then hold the coins. Though you may not know when the price will be higher, in the spot market, you will still have the coins without any losses if you don't sell. But, if the price keeps increasing, you can set a target to sell the coin at a higher price, at least, you have got any profits for this.
I tried trading in the spot market so far, and this is more effective and less risks for me than in the future or tarding with the levergae. But, be careful with the coins or tokens that we choose, because of we go wrong, we can find out shit coins that end up as dead coins  ;D


Title: Re: buying low and selling high
Post by: Alert31 on September 03, 2022, 11:59:19 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.


Title: Re: buying low and selling high
Post by: DanWalker on September 04, 2022, 03:35:04 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

Buy low sell high, this is what everyone wants, not only for newbies but also experienced traders. It's easy to say, but it's not as easy to put into practice as we think. But starting with spot trading is a good thing and should be encouraged, start with spot trading and combine with knowledge, so we learn and practice will bring good results for us. Spot trading will also have losses but the risk is not as high as futures trading, if wrong we can try again from the beginning without losing too big.


Title: Re: buying low and selling high
Post by: Mahanton on September 04, 2022, 07:15:41 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

Buy low sell high, this is what everyone wants, not only for newbies but also experienced traders. It's easy to say, but it's not as easy to put into practice as we think. But starting with spot trading is a good thing and should be encouraged, start with spot trading and combine it with knowledge, so we learn and practice will bring good results for us. Spot trading will also have losses but the risk is not as high as futures trading, if wrong we can try again from the beginning without losing too big.
Buying low and selling high doesn't sound as easy as others think. There are still things that have to be considered and risks that have to be faced. Spot trading will be a good practice but a beginner should learn how to deal with the risks of trading first. It isn't as profitable as others think and there will always be losses that may come along our journey so we have to be firm and have the eagerness to do continuous learning.
Its never been easy and you would be finding out for yourself whenever you do able to experience for yourself on how this market moves or on how volatile it is.Buying low selling
high might be that simple but when you are on the actual condition then it would never been easy.You would be surely be confused on when you would be buying and when you would
be selling.Of course we would really be minding off on about the possible peak or bottom price so that we wont really be  regretting towards our decisions and maximize out
profitability as much as we could.


Title: Re: buying low and selling high
Post by: Xampeuu on September 05, 2022, 03:04:42 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

Buy low sell high, this is what everyone wants, not only for newbies but also experienced traders. It's easy to say, but it's not as easy to put into practice as we think. But starting with spot trading is a good thing and should be encouraged, start with spot trading and combine it with knowledge, so we learn and practice will bring good results for us. Spot trading will also have losses but the risk is not as high as futures trading, if wrong we can try again from the beginning without losing too big.
Buying low and selling high doesn't sound as easy as others think. There are still things that have to be considered and risks that have to be faced. Spot trading will be a good practice but a beginner should learn how to deal with the risks of trading first. It isn't as profitable as others think and there will always be losses that may come along our journey so we have to be firm and have the eagerness to do continuous learning.
what becomes our difficulty is usually when the price drops, whether it is already a low price or not, and things like that make us afraid to buy it. therefore it would be better if we have drawn our strategy to predict the market journey, so that we have the possibility of price entering the support area to make a purchase. if it turns out that the price is back down, then we can wait at the next support area to make a purchase. so I think the thread title has a broad meaning


Title: Re: buying low and selling high
Post by: BobK71 on September 05, 2022, 06:05:34 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.
This task seems very easy but it is not easy. There is always risk involved so it is best to invest with time and patience. Traders have an idea of how to buy their particular coin at a low price and then sell it at a slightly higher price. It is a routine task of a trader. But sometimes he may have to wait for a long time to buy at a low price. Because low prices are not always available. This requires a trader to purchase assets based on both market analysis and market trends.


Title: Re: buying low and selling high
Post by: GeorgeJohn on September 05, 2022, 07:04:26 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
One thing i noticed in cryptocurrency is that if you have your funds and you are not interested of having lost in crypto investment you will definitely calculate the duration when you will sell your Bitcoin when the price is low and when the price is high. People sell their Bitcoin depending the calculation of their profit they made and the time they invested in bitcoin. So the best time to sell your Bitcoin is when you have calculated the amount you purchase and see the current price of Bitcoin and draft out your profit.


Title: Re: buying low and selling high
Post by: TheUltraElite on September 05, 2022, 02:00:12 PM
Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.
Buy low and sell high is the basic for spot trading. Majority of newbies can't do this properly let alone think of other methods like short selling. With this single method and good amount of patience one can make money slowly but gradually.

What does not work is the patience because most newbies are going to lost their cool and look for quicker methods to make money like futures and gambling. This is also fuelled by the fact that many people take loans to start trading.

Patience and perseverance are two important aspects in any such sphere of life. Be disciplined and your gains will be constant even if small.


Title: Re: buying low and selling high
Post by: Hamza2424 on September 05, 2022, 02:37:24 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length.


Title: Re: buying low and selling high
Post by: Solosanz on September 05, 2022, 02:58:06 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length.
The first thing you need to know is don't mix investment and trading since both of them are completely different.

There's no such do spot trading by doing long term investment, long term investment is holding on your own non custodial wallet, not hold on your centralized exchanges (spot trading). Holding Bitcoin for long term would make you earn huge money, but holding shitcoins for long term either make you become rich or rekt. It's really risky and not recommended to hold shitcoins.


Title: Re: buying low and selling high
Post by: carlfebz2 on September 05, 2022, 09:21:48 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length.
The first thing you need to know is don't mix investment and trading since both of them are completely different.

There's no such do spot trading by doing long term investment, long term investment is holding on your own non custodial wallet, not hold on your centralized exchanges (spot trading). Holding Bitcoin for long term would make you earn huge money, but holding shitcoins for long term either make you become rich or rekt. It's really risky and not recommended to hold shitcoins.
So it do particularly means that it would really be depending on someones risk taking or management since  we do really differ on that particular manner and this is why it would result into different outcomes too.

Buying low and Selling high might not that sounds simple but when you are on the actual situation then it would be an another story and this is the main reason on why people do ending up on holding just because
they cant able to bare up the risk or volatility.Speaking about non or custodial wallets then it would be just needing up some common sense for you to identify out on whats their main difference.
Basing up with security then its obvious that storing up our coins on wallets which we do possess the keys is always been suggestable.


Title: Re: buying low and selling high
Post by: GeorgeJohn on September 06, 2022, 10:22:13 PM
Its a very simple system an any cryptocurrency are listed in two exchange some time one place price and another price are Change so a people buy a low and they sell these are another exchange that is buying low and sell high system.
I did not comprehend you well, but what i want to emphasis base on your comment, is that no investor who is not suppose to think higher towards investment, right away the expectations of every investor is to ensure that it succeeded in making profit in any of it's investment. So every investor like buying low and sell at higher rate to make profit. So that is the primary concern of any investor.


Title: Re: buying low and selling high
Post by: Duzter on September 06, 2022, 11:41:21 PM
Its a very simple system an any cryptocurrency are listed in two exchange some time one place price and another price are Change so a people buy a low and they sell these are another exchange that is buying low and sell high system.
Such differences can be seen very rarely and with very few coins this'll happen. In the past when exchanges operated within a specific region or within a country this had been there. Now what we have for trading practice is different. The Exchanges were universal and have the common price. In the past there were people who have been making good money buying it in one country and selling on the other country.


Title: Re: buying low and selling high
Post by: Silberman on September 07, 2022, 01:06:35 AM
Its a very simple system an any cryptocurrency are listed in two exchange some time one place price and another price are Change so a people buy a low and they sell these are another exchange that is buying low and sell high system.
Such differences can be seen very rarely and with very few coins this'll happen. In the past when exchanges operated within a specific region or within a country this had been there. Now what we have for trading practice is different. The Exchanges were universal and have the common price. In the past there were people who have been making good money buying it in one country and selling on the other country.
Arbitrage opportunities still appear from time to time but what happens is that they last a very short amount of time, and this is the case because there are many people that are looking for those opportunities and are using bots to do so, so no human can compete for those opportunities anymore since those price differences can disappear in seconds, and if to this we add you need a lot of capital to do something like this then it is easy to see why this is not a popular way to trade the markets among the average traders.


Title: Re: buying low and selling high
Post by: adzino on September 07, 2022, 01:38:52 AM
It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.


Title: Re: buying low and selling high
Post by: xSkylarx on September 07, 2022, 04:42:34 AM
But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

Then it's still buying low and selling high. Of course you don't want to sell at a loss so you definitely hold the crypto you've bought for some time. If you meant holding for many years and selling when it's bull run, then building a portfolio could take some time.

Since op said only by using few dollars then that very basic way of trading is enough and I think it's not really impossible to build a crypto portfolio if you can do it consistently. Some newbies I see in social media groups trade that way. But if you plan to increase your capital in trading, it would be better to learn some techniques like being able to perform a technical analysis.


Title: Re: buying low and selling high
Post by: andriarto on September 07, 2022, 07:35:07 AM
It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.
it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation


Title: Re: buying low and selling high
Post by: Hamphser on September 07, 2022, 05:59:19 PM
It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.
it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation
Yes, its easy but there are people whom do able to throw and put up some on riskier trades or investment or paths which we know that it could really give out that kind of chance on making profits on shorter time frame compared when you do just simply decide on making some holding.

Buy low and Sell high might really that simple to hear up just like on what others been saying or even us would really be having that kind of impression but doing it honestly is the toughest thing to be achieved.
Just go on things which you do see that it would really be that effective for you to deal with specially with investment or trading.


Title: Re: buying low and selling high
Post by: hashrateproducts on September 08, 2022, 03:05:56 AM
But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.
Buying low and selling high is one of the best strategy a trader can apply towards the market and it's general but it should be done wisely inother not to try to get caught up with the market dumps and pumps. Some traders are running losses anytime the market is reacting to green candles because they short it with futures trading while some traders are happy because they long it with their futures account. Buying low, selling high always come either by been a P2P verified Merchants or just trading with the market, but either way, these are essential and profitable to the ones pertaking in it.


Title: Re: buying low and selling high
Post by: Shasha80 on September 08, 2022, 03:59:08 AM
It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.
it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation
Yes, its easy but there are people whom do able to throw and put up some on riskier trades or investment or paths which we know that it could really give out that kind of chance on making profits on shorter time frame compared when you do just simply decide on making some holding.

Buy low and Sell high might really that simple to hear up just like on what others been saying or even us would really be having that kind of impression but doing it honestly is the toughest thing to be achieved.
Just go on things which you do see that it would really be that effective for you to deal with specially with investment or trading.

The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.


Title: Re: buying low and selling high
Post by: Rigon on September 08, 2022, 11:59:34 PM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.


Title: Re: buying low and selling high
Post by: Altryist on September 09, 2022, 06:11:44 AM
The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.


Title: Re: buying low and selling high
Post by: rozak on September 09, 2022, 06:23:38 AM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.


Title: Re: buying low and selling high
Post by: AicecreaME on September 09, 2022, 06:34:27 AM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.


Title: Re: buying low and selling high
Post by: Piesel on September 09, 2022, 07:07:36 AM
I don't know if it is good practice but it is a method that day traders use regularly. You have to beware that this strategy is not as easy as it sounds because it requires a good understanding of the market and a lot of experience in it so that you can make the best "bets" on the price otherwise due to the high risks you could end up buying a shitcoin speculating to be pumped but it gets dumped hard causing you to lose a lot of money.
And in addition to what you have said that method also requires a lot of patients and time, because since you the day trader can't risk money on shitcoins you have to buy Bitcoin at a low price but even at that Bitcoin can not be speculated because chart reality is what matters and Bitcoin is already at high price on like back then in 2013 were one can easily get some good number of Bitcoin with just a dollars.

So timing is very important in trading.


Title: Re: buying low and selling high
Post by: Rufsilf on September 09, 2022, 09:25:20 AM
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.


Title: Re: buying low and selling high
Post by: xzy887 on September 10, 2022, 03:47:58 AM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.

You are right. If you want to trade short then you have to stay in the market all the time otherwise you will dollar lose. Because the market does not understand what happens when. You can use stop loss if you want to avoid more losses. By using Stop Loss you will be saved from losing your doller. Stop loss is very important to avoid losses in the market. So take care of all aspects while trading. If you trade in haste, you will lose.


Title: Re: buying low and selling high
Post by: rozak on September 10, 2022, 05:22:03 AM
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
therefore a trader needs to control his emotions when facing the market and FUD which can harm his trade.
It's not as easy as it sounds. even in choosing an asset for such a trading strategy, it looks simple. but it will be difficult to choose an asset that will make the move fast enough.
I'm sure many beginners who want to apply it also end up stuck in assets that don't have good fluctuations. end up having to hold the asset for a time that is not in the trading plan.


Title: Re: buying low and selling high
Post by: kamvreto on September 10, 2022, 09:39:41 AM
~snip~therefore a trader needs to control his emotions when facing the market and FUD which can harm his trade.
It's not as easy as it sounds. even in choosing an asset for such a trading strategy, it looks simple. but it will be difficult to choose an asset that will make the move fast enough.
I'm sure many beginners who want to apply it also end up stuck in assets that don't have good fluctuations. end up having to hold the asset for a time that is not in the trading plan.

choosing an asset with a fast movement depends on the trading volume. The larger the trading volume, the more demand. Coins like this usually have high and moderate pumping hype and are prone to FUD traps. Keeping emotions in check when the market is like that will be very difficult to make, every decision will be very important and don't get stuck in high prices.
Beginner traders who are stuck in unfavorable fluctuations must of course think of other strategies than having to hold assets for too long, cut losses and buybacks below or buybacks of other potentially better assets will save more.


Title: Re: buying low and selling high
Post by: jossiel on September 10, 2022, 10:19:05 AM
You are right. If you want to trade short then you have to stay in the market all the time otherwise you will dollar lose. Because the market does not understand what happens when. You can use stop loss if you want to avoid more losses. By using Stop Loss you will be saved from losing your doller.
A day trader has to be focused on his trades, scalping or day trading.

Missing some moments could lead to a potential loss or profits because that's how it goes in terms of making money through trading. Stop loss should be done whether you have big amount on order or it's just a small one.

Stop loss is very important to avoid losses in the market. So take care of all aspects while trading. If you trade in haste, you will lose.
From the word itself, you are utilizing and minimizing your potential losses.


Title: Re: buying low and selling high
Post by: Wakate on September 10, 2022, 07:36:50 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is one of the easiest way to trade the crypto market. I have used spot trading to get ma y things done when the crypto market was still bullish then. I was trading with both which was very faster than me looking into the market to place  trades. The bot was buying and selling for me with the slightest movement which gave me faster profits than someone trading on its own.

Spot market is a risk free kind of trading which you can only make losses when you sell your holding. It is very easy if you know how to arrange your settings and understand the market. Even when the market is not moving well, we can still make little profits along.


Title: Re: buying low and selling high
Post by: Fredomago on September 10, 2022, 08:10:38 PM
high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.

It's not that hard actually if you have time to focus on trading in this kind of approach every day. However, doing buy low sell high without any knowledge on reading the price chart (technical analysis) could actually backfire in no time. I also happened to do this way back 2017 using ethereum and I could say that it is all about luck when making profits without using any technical analysis at all.

Day trading is the easiest way to trade in spot using your luck by assuming that every time you buy, that's the lowest it can get for that time and it'll pump a given timeframe. Again, technical analysis is a must for a higher chance of making a sure profit.
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.

Most of the time, those people who thinks that it's just easy to execute are the one who fears a lot when the market unfavored their position, buy low and sell high as easy as we can say but when you already in the position where you already purchased your assets changes in a short span of time can quickly drives your plans. Though if you are really good at controlling your emotions and you have a concrete stable strategy, the chance of making a good amount of profits is just around the corner. It's very doable if you have enough patience and knowledge about how you work in the market.


is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is one of the easiest way to trade the crypto market. I have used spot trading to get ma y things done when the crypto market was still bullish then. I was trading with both which was very faster than me looking into the market to place  trades. The bot was buying and selling for me with the slightest movement which gave me faster profits than someone trading on its own.

Spot market is a risk free kind of trading which you can only make losses when you sell your holding. It is very easy if you know how to arrange your settings and understand the market. Even when the market is not moving well, we can still make little profits along.

Indeed, even the market is not bullish. As long as it's moving, you can still do some scalp trades and make small to decent amount of profits. You just need to set your target and wait for the executions of your trades.


Title: Re: buying low and selling high
Post by: Lanatsa on September 10, 2022, 09:09:07 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
This is one of the easiest way to trade the crypto market. I have used spot trading to get ma y things done when the crypto market was still bullish then. I was trading with both which was very faster than me looking into the market to place  trades. The bot was buying and selling for me with the slightest movement which gave me faster profits than someone trading on its own.

Spot market is a risk free kind of trading which you can only make losses when you sell your holding. It is very easy if you know how to arrange your settings and understand the market. Even when the market is not moving well, we can still make little profits along.
Risk free? Spot trading? Dont believe on such thing or somewhat you are misleading out specially noobs.Cant really deny though that this is less riskier but there's still risk and we dont really have that 0% risk.

When you do know on how to make use bot for automation then it do really ease out the hassle on dealing with the market compared when you are doing it manually but we know that not all would be that

knowledgeable and not all does prefer on automation and they do love on engaging personally or on actual thats why we cant really really tell people on which they should
gonna use but never ever mislead people about risk free trading type.


Title: Re: buying low and selling high
Post by: Shasha80 on September 11, 2022, 05:11:50 AM
The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.

It's true that everyone usually has their own strategy, because sometimes the strategies that other people use will not necessarily work if we use them.
That's very important we often do trial and error, to be able to find out which strategy is effective we use. It must always be remembered that what is
good for others is not necessarily good for us, never be lazy to practice trading, and don't be afraid of failure. As long as we practice diligently and
continue to correct every mistake we make, then we will find a good way of trading crypto. So my advice is not to rely too much on other
people's predictions when determining when to buy or when to sell. Because other people's predictions are not necessarily better than our own
predictions, so we must believe in the results of our own research and analysis.


Title: Re: buying low and selling high
Post by: RealMalatesta on September 11, 2022, 04:55:19 PM
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
That’s the thing, they think that they didn't buy low enough, and for some reason the recovery from that is selling to make a loss? I never understood the idea but that’s how they approach it and it never made sense to me at all. If you buy at 23k, and it goes to 19k, that doesn't mean you should sell, it means you should hold a while longer and if you could make a profit on that then it’s great, if not then wait a bit more or even buy some more and wait until it goes up.

There are not enough logical arguments to be made about buying bitcoin, seeing it drop, and selling it for a loss. Only logical would be an urgent need to get cash to pay for something you have to pay.


Title: Re: buying low and selling high
Post by: GeorgeJohn on September 11, 2022, 05:47:06 PM
Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.
Not trading platform but traders and investors. Trading platforms only gives traders the avenue to access the market. And the get liquidity from trades made by their clients over time which increase their trading volume. This trading strategy of alwayss buying low to sell high overtime is used basically by traders
In normal circumstance you should have it in your mind even when you are not a trade, you should know that you are suppose to by any coins when the price is low and sell when high. Because the factor we are considering of buying when low and sell when high is the profit. Because every trader are curious about profit. If you peruse into a trader or examine any trader you will get known that it's objectives of buying coin when it's low is to hold for time frame and make profit when the price change to bigger price.


Title: Re: buying low and selling high
Post by: Digital_Lord on September 11, 2022, 05:58:13 PM
yes is good practice and will be useful suggestion, here is an amazing thing for those who wishes to get profit as if they purchase during dipping and will sell it out during cheered cost. Spot trading is little bit good but focusing is needed, you can also do as to clasp up tokens and not get rid of it until you think it is now able of give you superb returns.


Title: Re: buying low and selling high
Post by: Fredomago on September 11, 2022, 06:31:29 PM
The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.
If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.

It's true that everyone usually has their own strategy, because sometimes the strategies that other people use will not necessarily work if we use them.
That's very important we often do trial and error, to be able to find out which strategy is effective we use. It must always be remembered that what is
good for others is not necessarily good for us, never be lazy to practice trading, and don't be afraid of failure. As long as we practice diligently and
continue to correct every mistake we make, then we will find a good way of trading crypto. So my advice is not to rely too much on other
people's predictions when determining when to buy or when to sell. Because other people's predictions are not necessarily better than our own
predictions, so we must believe in the results of our own research and analysis.

Always have a good trial stage, the market is unpredictable, and it's very important that you have your own strategy that you can use during your investment, there are many factors that you should consider while building and establishing your strategy, an endless enhancement that will keep you competitive in whatever market movement is up inside the exchange, buying low and selling high is what supposedly the actual motives why you are doing this business, earning something out from your position and keep repeating it for more successful trade position.


Title: Re: buying low and selling high
Post by: lalabotax on September 11, 2022, 09:39:14 PM
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
I think it is difficult to follow, especially for day trading. You need to have good knowledge in analyzing chart patterns and know the fundamental factors, you also must update information related to the targetted coins to buy. This way is the proper way to ensure buying at a low price. If we don't do that way, sometimes we buy at the wrong time. After we bought the coins, the price suddenly drop quite significantly. Then we may panic and immediately sell at loss. Moreover, if we see many FUDs, it really triggers us to sell as quickly as possible. So, we must have enough knowledge and do analysis before buying, to ensure we buy at a low price.



Title: Re: buying low and selling high
Post by: Yamifoud on September 11, 2022, 10:14:51 PM
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
I think it is difficult to follow, especially for day trading. You need to have good knowledge in analyzing chart patterns and know the fundamental factors, you also must update information related to the targetted coins to buy. This way is the proper way to ensure buying at a low price. If we don't do that way, sometimes we buy at the wrong time. After we bought the coins, the price suddenly drop quite significantly. Then we may panic and immediately sell at loss. Moreover, if we see many FUDs, it really triggers us to sell as quickly as possible. So, we must have enough knowledge and do analysis before buying, to ensure we buy at a low price.


That actually difficult for those who are uncertain of what they are doing and those who can't manage themselves facing the market volatility. I know technical analysis is very important in trading but that seems useless if we are out of ourselves and can't even perform so well as we have been disturbed by our uncertainties and weaknesses. For having this situation, I really going to say that trading is not for us and to leave no jealousy of others for being successful as they make themselves get better than us.


Title: Re: buying low and selling high
Post by: ChiNgadOr on September 11, 2022, 10:44:09 PM
yes is good practice and will be useful suggestion, here is an amazing thing for those who wishes to get profit as if they purchase during dipping and will sell it out during cheered cost. Spot trading is little bit good but focusing is needed, you can also do as to clasp up tokens and not get rid of it until you think it is now able of give you superb returns.
The spot market is just like our regular buying and selling of coins without much risks. The market is bear now and we can still make profits from the market in respective of how the market choose to move. Spot market is less risky with low chances of making golf profits.

The future market is another way to earn but with higher risk that could make us lose all out holdings if we don't know what we are doing. The market is there for us and we can always get .ore skills to be able to trade the market very well without much risk and stress.


Title: Re: buying low and selling high
Post by: stomachgrowls on September 12, 2022, 06:02:18 PM
Buy low and Sell High - that is actually easy to follow but guess what, many people had change their minds when the market suddenly chance after buying. Most of the time they turn negative instead of keeping positive, and a reason why people got to panic and started selling low than their buying price. It is to say that even if it was too easy but we find it difficult because we have been disturbed by FUDs and market stress which sends us to make wrong decisions.
I think it is difficult to follow, especially for day trading. You need to have good knowledge in analyzing chart patterns and know the fundamental factors, you also must update information related to the targetted coins to buy. This way is the proper way to ensure buying at a low price. If we don't do that way, sometimes we buy at the wrong time. After we bought the coins, the price suddenly drop quite significantly. Then we may panic and immediately sell at loss. Moreover, if we see many FUDs, it really triggers us to sell as quickly as possible. So, we must have enough knowledge and do analysis before buying, to ensure we buy at a low price.


That actually difficult for those who are uncertain of what they are doing and those who can't manage themselves facing the market volatility. I know technical analysis is very important in trading but that seems useless if we are out of ourselves and can't even perform so well as we have been disturbed by our uncertainties and weaknesses. For having this situation, I really going to say that trading is not for us and to leave no jealousy of others for being successful as they make themselves get better than us.
Getting distracted or having those anxiety and doubts is something that cant really be avoided no matter how experienced and veteran you are within this market but it cant assure that you would really

able to get rid of these things.We are just humans which it is really just normal for us to be that emotional when it comes to things that affects out our money with our investment which is really that
very common reaction but the difference into those people who does have sufficient experience is that they are aware on what possible actions that you should do.

Buy low and sell high might be that simple to hear off but when you are on the actual thing then doing such actions is the most challenging of all considering on the volatility that you would gonna face.


Title: Re: buying low and selling high
Post by: Onyacin on September 12, 2022, 07:30:22 PM
This strategy is nice in day trading but Important thing is that how to know which is low price ? If you have knowledge of crypto chart analysing then it's well and good. Otherwise use low amount so that you can improve your skills. Don't invest total amount and in a single coin. Also do read the crypto experts opinion,this will help you more.


Title: Re: buying low and selling high
Post by: Rana590 on September 12, 2022, 08:15:54 PM
This strategy is nice in day trading but Important thing is that how to know which is low price ? If you have knowledge of crypto chart analysing then it's well and good. Otherwise use low amount so that you can improve your skills. Don't invest total amount and in a single coin. Also do read the crypto experts opinion,this will help you more.
This strategy will not for every day traders. Market will not rise within short possible of time. Sometimes we need to hold it for some days. Yes it is good decision that we shouldn't invest all money in a single crypto. Proper market analysis and knowledge about crypto market will help to gather experience in trading.


Title: Re: buying low and selling high
Post by: imamusma on September 12, 2022, 09:42:24 PM
You are right that the professional trader doesn't invest all in a one coin . Because a trader has to choose different types of coins on the basis of short term and long term trading. For the long term, traders look for such bearish seasons to get good dips on the others for trading in short-term traders has to read the candle lines. For long term trading it will better to choose those coin who are in the top like bitcoin,Etherium, BNB. And short term trading can also use by the basis of those coin or others reliable altcoins.
I tend to agree that they are not called professional traders because asset diversification strategies are no better than DCA and accumulation. Professional traders know how to make good trades and maximize the power of their funds on a single asset. I only think of accumulation strategy and DCA which is done on the best asset (bitcoin), you can put 100% of your funds in bitcoin but consider not doing all this at once.

Note this, altcoin moving averages follow bitcoin price movements. So if you want to diversify your assets then your profit is highly dependent on bitcoin price movements. From that I think that putting your funds in 1 asset, especially bitcoin, can also be done, they are also professionals because they understand how the market works.


Title: Re: buying low and selling high
Post by: |MINER| on September 13, 2022, 08:06:12 AM
You are right that the professional trader doesn't invest all in a one coin . Because a trader has to choose different types of coins on the basis of short term and long term trading. For the long term, traders look for such bearish seasons to get good dips on the others for trading in short-term traders has to read the candle lines. For long term trading it will better to choose those coin who are in the top like bitcoin,Etherium, BNB. And short term trading can also use by the basis of those coin or others reliable altcoins.
I tend to agree that they are not called professional traders because asset diversification strategies are no better than DCA and accumulation. Professional traders know how to make good trades and maximize the power of their funds on a single asset. I only think of accumulation strategy and DCA which is done on the best asset (bitcoin), you can put 100% of your funds in bitcoin but consider not doing all this at once.

Note this, altcoin moving averages follow bitcoin price movements. So if you want to diversify your assets then your profit is highly dependent on bitcoin price movements. From that I think that putting your funds in 1 asset, especially bitcoin, can also be done, they are also professionals because they understand how the market works.
Yes I agree with you that professional traders have the ability to invest their full funds in a single coin and earn profits from it. But if you look, you will find that most professional traders who trade in cryptocurrencies are involved in investing in multiple coins.And yes it is true that for investing in one coin bitcoin is the best And if you invest only in this one, it will continue even if you don't invest in others. According to me it is better to invest in different coins according to the situation and time


Title: Re: buying low and selling high
Post by: Fatunad on September 13, 2022, 08:09:59 PM
You are right that the professional trader doesn't invest all in a one coin . Because a trader has to choose different types of coins on the basis of short term and long term trading. For the long term, traders look for such bearish seasons to get good dips on the others for trading in short-term traders has to read the candle lines. For long term trading it will better to choose those coin who are in the top like bitcoin,Etherium, BNB. And short term trading can also use by the basis of those coin or others reliable altcoins.
I tend to agree that they are not called professional traders because asset diversification strategies are no better than DCA and accumulation. Professional traders know how to make good trades and maximize the power of their funds on a single asset. I only think of accumulation strategy and DCA which is done on the best asset (bitcoin), you can put 100% of your funds in bitcoin but consider not doing all this at once.

Note this, altcoin moving averages follow bitcoin price movements. So if you want to diversify your assets then your profit is highly dependent on bitcoin price movements. From that I think that putting your funds in 1 asset, especially bitcoin, can also be done, they are also professionals because they understand how the market works.
Yes I agree with you that professional traders have the ability to invest their full funds in a single coin and earn profits from it. But if you look, you will find that most professional traders who trade in cryptocurrencies are involved in investing in multiple coins.And yes it is true that for investing in one coin bitcoin is the best And if you invest only in this one, it will continue even if you don't invest in others. According to me it is better to invest in different coins according to the situation and time
People could really be differentiated basing up on the level of your experience and skills but it wouldnt really be that 100% precise for us to tell that every step they would make is a must thing to be followed yet
they are still purely speculators but somewhat they are much more aware on how this market behaves or works which they do able to set out those risk management thing which would really be that crucial on these times.Buy low and sell high is something a very common way on executing trades and make yourself profitable.The main enemy or question for this one is on when you should gonna do these actions?
You would really able to find out for yourself once you do set your foot into this market.Its not simple but somewhat not impossible this is why lots had been thriving.


Title: Re: buying low and selling high
Post by: blockman on September 13, 2022, 08:29:57 PM
This strategy is nice in day trading but Important thing is that how to know which is low price ? If you have knowledge of crypto chart analysing then it's well and good. Otherwise use low amount so that you can improve your skills. Don't invest total amount and in a single coin. Also do read the crypto experts opinion,this will help you more.
Knowing the low price is fairly easy. If you have gotten the idea through the market, the price that you're seeing right now might be low but not the lowest.
That's where the hard decision kicks in and you'll have that struggle to think whether you should buy one now or not yet. Until the price recovers and you're missing now many times that the market has dumped because of what you're thinking to be the lowest.


Title: Re: buying low and selling high
Post by: lalabotax on September 13, 2022, 09:39:04 PM
That actually difficult for those who are uncertain of what they are doing and those who can't manage themselves facing the market volatility. I know technical analysis is very important in trading but that seems useless if we are out of ourselves and can't even perform so well as we have been disturbed by our uncertainties and weaknesses.
To be confident about what we are doing, we need sufficient knowledge and experience. That's what the point of my post previously if you were reading it carefully. We need both technical and fundamental analysis. And we also must have the awareness to be more selective in doing analysis. Regarding the people who are not sure about their trading activities, surely it is better to leave and choose something they are confident about it. Doing something that we are not so sure about it, probably leads to worse results because we won't do it seriously.



Title: Re: buying low and selling high
Post by: Stable090 on September 13, 2022, 09:52:44 PM
Buying low and selling when the price is high is just the basic of trading you will always wait for the price to come down then you will buy Hold and when the price go back up you will sell again, that is just the basic and if you can continue like that you will be making your money, you can still advance your trading but for newbies if you use that pattern you will be making money.


Title: Re: buying low and selling high
Post by: Fredomago on September 14, 2022, 05:52:41 PM
This strategy is nice in day trading but Important thing is that how to know which is low price ? If you have knowledge of crypto chart analysing then it's well and good. Otherwise use low amount so that you can improve your skills. Don't invest total amount and in a single coin. Also do read the crypto experts opinion,this will help you more.
Knowing the low price is fairly easy. If you have gotten the idea through the market, the price that you're seeing right now might be low but not the lowest.
That's where the hard decision kicks in and you'll have that struggle to think whether you should buy one now or not yet. Until the price recovers and you're missing now many times that the market has dumped because of what you're thinking to be the lowest.

A lot of cases happens like that, traders are waiting for the dip not knowing that the bounce back will take place, the worse thing is they are quickly judging the market when a small pump take place, believing that it was the bull that creates the pump and in a short span of time they lose their investment following the hypes and bought their coins at the peak. Though by doing your research you can avoid this kind of mistakes, you can enhance your chance by continuing learning the process.

Not as easy as it is, but doable for those who are really keen to succeed. Buy low and sell high depends on how you really understand and anticipate each market movement.

No exact or accurate time, and all depends on how you set your targets.


Title: Re: buying low and selling high
Post by: Silent Sam on September 14, 2022, 07:22:50 PM
If you are new to crypto trading then you must learn trading through a demo account otherwise your chances of losing are high after learning to work on your demo account then you can do spot training like you buy some coins at a low price and then If its price increases then do it like I first learned trading with a demo account then I went and started earning with the main account you can trade with little money first if you want.


Title: Re: buying low and selling high
Post by: cabron on September 14, 2022, 07:44:07 PM
If you are new to crypto trading then you must learn trading through a demo account otherwise your chances of losing are high after learning to work on your demo account then you can do spot training like you buy some coins at a low price and then If its price increases then do it like I first learned trading with a demo account then I went and started earning with the main account you can trade with little money first if you want.

Demo account isn't something I would recommend since there is just no pressure to someone who wants to learn. With nothing to lose, they'd just try their luck buying and selling untimely. While you don't also want to risk a lot of money, I would suggest training yourself trading on memecoin/usdt pair.

This way with just $100 worth of SHIB, you will be able to try it out whether you can increase the quantity of SHIB you hold.


Title: Re: buying low and selling high
Post by: albon on September 14, 2022, 08:28:32 PM
yes is good practice and will be useful suggestion, here is an amazing thing for those who wishes to get profit as if they purchase during dipping and will sell it out during cheered cost. Spot trading is little bit good but focusing is needed, you can also do as to clasp up tokens and not get rid of it until you think it is now able of give you superb returns.
Buying at a low price and selling at a high price is a good strategy for those who have a lot of experience in technical analysis and are well acquainted with market conditions, As for a beginner trader, I think that it will be a little complicated because he has not much experience to choose the right time to buy and choose the right time to sell. He may buy at a time when the coin has decreased by not much, and that time will not be good to enter, so before working on this strategy, the trader must gain experience and learn technical analysis skills.


Title: Re: buying low and selling high
Post by: Captain Corporate on September 14, 2022, 08:35:25 PM
The thing is, all those "how do we know its low" and "how do we know its high" questions are a bit newbie questions that people do not really understand when they are first starting out, if they have been here for a long time then they didn't really care about trading that much. Even I know when to buy, and I am not even a good trader. If you want to buy low, you buy it when there is a crash, you see a crash when it happens, if you purchased bitcoin each time it had a %10 fall, you would have been in profit today. But many wait for it to drop even further, which makes absolutely no sense to me at all. Why wait?


Title: Re: buying low and selling high
Post by: blockman on September 14, 2022, 08:45:55 PM
Knowing the low price is fairly easy. If you have gotten the idea through the market, the price that you're seeing right now might be low but not the lowest.
That's where the hard decision kicks in and you'll have that struggle to think whether you should buy one now or not yet. Until the price recovers and you're missing now many times that the market has dumped because of what you're thinking to be the lowest.

A lot of cases happens like that, traders are waiting for the dip not knowing that the bounce back will take place, the worse thing is they are quickly judging the market when a small pump take place, believing that it was the bull that creates the pump and in a short span of time they lose their investment following the hypes and bought their coins at the peak. Though by doing your research you can avoid this kind of mistakes, you can enhance your chance by continuing learning the process.

Not as easy as it is, but doable for those who are really keen to succeed. Buy low and sell high depends on how you really understand and anticipate each market movement.

No exact or accurate time, and all depends on how you set your targets.
And just like now, I guess nobody expected that all the markets will crash and for the crypto market, it came. So again, for those that have been waiting to buy at the dip, this is their chance now.
Verifying your plans and having it set and when you see that it's about to happen then you must do action for you to have it followed. Like as said, it's now time for them to execute what they've been planning to buy.


Title: Re: buying low and selling high
Post by: ShowOff on September 14, 2022, 09:37:59 PM
The thing is, all those "how do we know its low" and "how do we know its high" questions are a bit newbie questions that people do not really understand when they are first starting out, if they have been here for a long time then they didn't really care about trading that much.
There are no special conditions to determine the lowest price when you buy. If you buy for $20K, then every $1 higher when you sell will determine that you sell high and buy low. But if you take the ATH price as the high price, then at this time every buy is the lowest price.

Even I know when to buy, and I am not even a good trader. If you want to buy low, you buy it when there is a crash, you see a crash when it happens, if you purchased bitcoin each time it had a %10 fall, you would have been in profit today. But many wait for it to drop even further, which makes absolutely no sense to me at all. Why wait?
This is a strategy that is widely used by traders or investors today. Buying a dip when the price corrects is a good strategy to expect profits when the market recovers. Usually the price recovery will not occur too long after the correction, but it may take some patience for a few days after the purchase to take advantage.


Title: Re: buying low and selling high
Post by: Mahanton on September 14, 2022, 10:41:22 PM
Knowing the low price is fairly easy. If you have gotten the idea through the market, the price that you're seeing right now might be low but not the lowest.
That's where the hard decision kicks in and you'll have that struggle to think whether you should buy one now or not yet. Until the price recovers and you're missing now many times that the market has dumped because of what you're thinking to be the lowest.

A lot of cases happens like that, traders are waiting for the dip not knowing that the bounce back will take place, the worse thing is they are quickly judging the market when a small pump take place, believing that it was the bull that creates the pump and in a short span of time they lose their investment following the hypes and bought their coins at the peak. Though by doing your research you can avoid this kind of mistakes, you can enhance your chance by continuing learning the process.

Not as easy as it is, but doable for those who are really keen to succeed. Buy low and sell high depends on how you really understand and anticipate each market movement.

No exact or accurate time, and all depends on how you set your targets.
And just like now, I guess nobody expected that all the markets will crash and for the crypto market, it came. So again, for those that have been waiting to buy at the dip, this is their chance now.
Verifying your plans and having it set and when you see that it's about to happen then you must do action for you to have it followed. Like as said, it's now time for them to execute what they've been planning to buy.
You would really need to take action on whatever conditions that we might be facing and not really just keep on saying things that you were right or wrong and waiting  for the price to make out such action.
Buy low sell high is pretty basic yes, but on the time on making such action then this is the most challenging thing that you would ever do and everyone who do get involved on this market.
You would really be always have that question on mind on what the heck is happening whenever the price movements do really goes opposite on what you are
having those analysis of yours.


Title: Re: buying low and selling high
Post by: ChiNgadOr on September 15, 2022, 10:14:20 AM
The thing is, all those "how do we know its low" and "how do we know its high" questions are a bit newbie questions that people do not really understand when they are first starting out, if they have been here for a long time then they didn't really care about trading that much. Even I know when to buy, and I am not even a good trader. If you want to buy low, you buy it when there is a crash, you see a crash when it happens, if you purchased bitcoin each time it had a %10 fall, you would have been in profit today. But many wait for it to drop even further, which makes absolutely no sense to me at all. Why wait?
Every investors want to keep buying low and selling high to make a better profit that will worth the holding or trading efforts.
The market is very much unpredictable now and those that are still traders want to make profits not minding the current situation of the market.
Since there are many coins in the market, I think we should go for what will give us better  profits since it is hard now to know whether the price we are buying is really at the bottom or at the top. We just have to keep buying for the bull run coming.


Title: Re: buying low and selling high
Post by: Natalim on September 15, 2022, 01:14:47 PM
The thing is, all those "how do we know its low" and "how do we know its high" questions are a bit newbie questions that people do not really understand when they are first starting out, if they have been here for a long time then they didn't really care about trading that much. Even I know when to buy, and I am not even a good trader. If you want to buy low, you buy it when there is a crash, you see a crash when it happens, if you purchased bitcoin each time it had a %10 fall, you would have been in profit today. But many wait for it to drop even further, which makes absolutely no sense to me at all. Why wait?
Every investors want to keep buying low and selling high to make a better profit that will worth the holding or trading efforts.
The market is very much unpredictable now and those that are still traders want to make profits not minding the current situation of the market.
Since there are many coins in the market, I think we should go for what will give us better  profits since it is hard now to know whether the price we are buying is really at the bottom or at the top. We just have to keep buying for the bull run coming.
Adapting to market behavior seems to be a smart take. That is why we appreciate the importance of TA as this will help us to decide what we gonna do next. Decision-making is only effective if we are aware of the situation and market analysis, as without all of these things, we fall into wrong decisions that cause losses on our part. If we aim for earning a huge profit, then we have to work hard and be focused on the market as no way it makes it simple and of course, buying and selling high is way impossible without proper execution.


Title: Re: buying low and selling high
Post by: Fredomago on September 15, 2022, 05:36:48 PM

And just like now, I guess nobody expected that all the markets will crash and for the crypto market, it came. So again, for those that have been waiting to buy at the dip, this is their chance now.
Verifying your plans and having it set and when you see that it's about to happen then you must do action for you to have it followed. Like as said, it's now time for them to execute what they've been planning to buy.

You said it right, if there are people who are waiting for this kind of opportunities, it's better to take action now and enjoy the sale price, this crash gives a lot of people a good chance to collect and hold those cheap coins around. As long as you have a good set of plan and you are willing to continue your hold, there's no problem to take the risk.

Maybe it is possible to see some market fall after buying but again, if you have a good set of plans, it won't bother you and you will just patiently waiting for your investment to grow.


Title: Re: buying low and selling high
Post by: blockman on September 15, 2022, 10:15:10 PM
And just like now, I guess nobody expected that all the markets will crash and for the crypto market, it came. So again, for those that have been waiting to buy at the dip, this is their chance now.
Verifying your plans and having it set and when you see that it's about to happen then you must do action for you to have it followed. Like as said, it's now time for them to execute what they've been planning to buy.

You said it right, if there are people who are waiting for this kind of opportunities, it's better to take action now and enjoy the sale price, this crash gives a lot of people a good chance to collect and hold those cheap coins around. As long as you have a good set of plan and you are willing to continue your hold, there's no problem to take the risk.

Maybe it is possible to see some market fall after buying but again, if you have a good set of plans, it won't bother you and you will just patiently waiting for your investment to grow.
They're going to say that they wanna buy but still no action is being done. They're all talk and that's why they need to think of it again if the price is right today.
But when the market starts to recover again after these dumps, they'll have the thinking again that they should have bought already. It's a repetition of thinking that will never take an action.


Title: Re: buying low and selling high
Post by: stomachgrowls on September 15, 2022, 10:40:41 PM
And just like now, I guess nobody expected that all the markets will crash and for the crypto market, it came. So again, for those that have been waiting to buy at the dip, this is their chance now.
Verifying your plans and having it set and when you see that it's about to happen then you must do action for you to have it followed. Like as said, it's now time for them to execute what they've been planning to buy.

You said it right, if there are people who are waiting for this kind of opportunities, it's better to take action now and enjoy the sale price, this crash gives a lot of people a good chance to collect and hold those cheap coins around. As long as you have a good set of plan and you are willing to continue your hold, there's no problem to take the risk.

Maybe it is possible to see some market fall after buying but again, if you have a good set of plans, it won't bother you and you will just patiently waiting for your investment to grow.
They're going to say that they wanna buy but still no action is being done. They're all talk and that's why they need to think of it again if the price is right today.
But when the market starts to recover again after these dumps, they'll have the thinking again that they should have bought already. It's a repetition of thinking that will never take an action.
This is fact!

Some are saying that it is really time to buy but in reality they are included into those people who are just still hesitating on doing such action because they've been still scared and hesitating on doing such
action.Its true that its never been simple on making buying decisions specially on a declining market but until when you would decide on doing so?

Bear markets are the sweetest spot or situation/condition which you could really eventually make some good decision on accumulation because the market couldnt
really be just having red market forever but there would be a time comes where greens would be next.


Title: Re: buying low and selling high
Post by: blockman on September 15, 2022, 10:47:54 PM
They're going to say that they wanna buy but still no action is being done. They're all talk and that's why they need to think of it again if the price is right today.
But when the market starts to recover again after these dumps, they'll have the thinking again that they should have bought already. It's a repetition of thinking that will never take an action.
This is fact!

Some are saying that it is really time to buy but in reality they are included into those people who are just still hesitating on doing such action because they've been still scared and hesitating on doing such
action.Its true that its never been simple on making buying decisions specially on a declining market but until when you would decide on doing so?

Bear markets are the sweetest spot or situation/condition which you could really eventually make some good decision on accumulation because the market couldnt
really be just having red market forever but there would be a time comes where greens would be next.
I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.


Title: Re: buying low and selling high
Post by: n0ne on September 15, 2022, 11:42:51 PM

I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.
People wait until the end. Even when the price have fallen beyond the prediction looking for a much lower price. Finally unexpected market bounce happens and feels regret of missing the chance. This is how bitcoin investment from the layman is happening for a long. This is all because of the mind that wants more.


Title: Re: buying low and selling high
Post by: redsun114 on September 16, 2022, 08:20:43 AM
Yes and why not? Spot trading inside a crypto exchange is much better than buying low and selling high inside a crypto wallet that has its own built-in exchange as they can charge more fee and then they are limited in terms of functions but if you do a spot trade inside a crypto exchange you can be able to use some tools like a pro which could greatly improve your trading performance.

There are other trading variations other than spot trade but I think most of them are hard and they are really not recommended for a newbie so if you are just a starter it would be better to improve your skills on spot trade first before jumping on them.


Title: Re: buying low and selling high
Post by: Mr. Magkaisa on September 16, 2022, 10:24:39 AM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

-   Based on my experience, I started with spot trading. This was my training ground on how I learned to trade cryptocurrency. And this is where I got the idea or understanding of reading candlesticks, and other tools used on the exchange platform.

Now, there is Future, Margin, and leverage trading, correct me if I'm wrong, but for me, it's a bit confusing for a beginner who is going to start or enter crypto trading right away. Newbies should start with spot trading, this is just my opinion and I don't know if others have better advice to give you.


Title: Re: buying low and selling high
Post by: Mr.right85 on September 16, 2022, 12:19:43 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
The idea is always about what works right! So yeah, I the profits no matter how small is consistent and commensurates with the risk of constantly being online, making analysis, winning more than you lose, it could be worth every time spent in the market.

Based on my experience, I started with spot trading. This was my training ground on how I learned to trade cryptocurrency. And this is where I got the idea or understanding of reading candlesticks, and other tools used on the exchange platform.
Spot trading is about the simplest trade one can engage in. Either you get to work with the market price or you set your buy or sell order at a price of your choice and it activates when hit. Your analysis and patience makes all the difference here so, you've got to be ready to wait on your predictions to come through.


Title: Re: buying low and selling high
Post by: CryptoYar on September 16, 2022, 02:06:22 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Buy a coin and hold it for days or few weeks and sell it and book profit when the price goes up. It sounds simple but it is not. It often happens that the token falls below the buying price which will force you to hold for a long time.
Therefore, you should either learn technical analysis or your plan should be long-term.
If you learn even the basics of TA you'll know where to buy and where to sell. And most importantly where to place your stop loss.


Title: Re: buying low and selling high
Post by: $crypto$ on September 16, 2022, 03:20:34 PM
Before someone people buy coin currently they do examine the chart and especially the regulations of a candle sticks to check the movement before buying. Because you can believe that because of coins is falling and when you buy now and hold for short term you will sell with higher price, no. Coin you buy this year can experience bearish through out the year.

But for other to succeed in your investment you have to watch the chart consistently. Because having the plan that if you buy and you sell at higher price. It's real but you have study the chart and know when cryptocurrency is having a good courage in the market. I know that expectations of any investor is to buy at lower price and sell when the price is higher
Checking the chart is important to analyze the coins to buy I think trading requires strong analysis and makes it easier for us to understand how to read the movement of coins at least we know when to buy and when to sell.

Saying buy low sell high is easy but it's still hard to pinpoint our buy placements and I think the average day trader does this they will definitely regularly check the chart movement to determine the direction of the coin.


Title: Re: buying low and selling high
Post by: blockman on September 16, 2022, 11:12:20 PM
I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.
People wait until the end. Even when the price have fallen beyond the prediction looking for a much lower price. Finally unexpected market bounce happens and feels regret of missing the chance. This is how bitcoin investment from the layman is happening for a long. This is all because of the mind that wants more.
That's greediness. Being greedy at ATHs and as well as ATLs, that's what people are trying to make and that's not going to solve the matter of what they're waiting for.
We always look for a better high as well as a better low. It's not going to end with what we're expecting and that's why unexpected decisions are what we do.

Saying buy low sell high is easy but it's still hard to pinpoint our buy placements and I think the average day trader does this they will definitely regularly check the chart movement to determine the direction of the coin.
They have to figure it out because they rely on the market on a daily basis, unlike the investors and holders. Yes, it's easy to say that buy at the time time and sell when it's high but that's when many are becoming confused on when they see the low price and starts to think lower.


Title: Re: buying low and selling high
Post by: blue_hurricanger on September 17, 2022, 09:16:07 AM
If you have general outlines of why it going to increase the price then I advise you should do future trade instead of just buying low and selling high. Honestly, if you can manage your risk of liquidating, go for lower than 5x leverage and never more, your return of profit from future trade will be much better.
Buying low and selling high only when you don't know if it will bound back in the short term. Basically, you're holding on the long term.


Title: Re: buying low and selling high
Post by: ginsan on September 17, 2022, 09:27:45 AM
There are several types of traders
  -Buy high sell high means One can take advantage of the pumd situation when a coin is experiencing a bullish period and usually someone will take profits in the short term, but this type will tend to have a fatal risk when the market situation changes rapidly ( maybe beginners are not advised to use  this type)
  -Buy low Sell low (This is also often done by beginners where they choose a coin that is having a Bearish trend which in their opinion has reached the end point of a decline but at one point the coin has fallen deeper which can make the buyer tend to experience the choice For CL.)

  And I prefer to buy with the DCA strategy where you can make purchases once a week and it is safer if you apply in the long run.


Title: Re: buying low and selling high
Post by: Bazzu on September 17, 2022, 11:40:15 AM
the words buy low and sell at high prices, we often hear that but when in practice it is very difficult, because of course it is not as easy as what is said, sometimes even experts in crypto trading sometimes get fooled when trading. because the crypto price cycle is difficult to predict, but there are also many people who are experts in crypto trading so they continue to make profits but they also often fail at first. so the most important thing in my opinion is to seriously study crypto trading. so we will benefit from crypto trading results.


Title: Re: buying low and selling high
Post by: Munir575 on September 17, 2022, 11:48:24 AM
If you wish to invest in cryptocurrencies, do so right away because they are a type of coin or currency that typically rises and falls with the seasons. Anyone who wishes to invest in Bitcoin should thus focus on its methods because, in my opinion, if you happen to be aware of all of this and Bitcoin falls, and you buy at a lower price when it rises, you will make a sufficient profit.


Title: Re: buying low and selling high
Post by: pgbit on September 18, 2022, 09:06:22 AM
Many people say that the price starts to go down from where they buy the crypto and when they sell the cryptocurrency  the price starts to go up.First of all, you should know the definition of price, what is the definition of high price and what is the definition of low price.Each exchange has two prices, one for the top gainer and one for the top loser.If a coin is 25% loser today, maybe yesterday it was 50% gainer. And today it fell 25% to become loser. But still it is 25% higher than its normal price.If you buy it here, it might drop 15 to 20 percent more, so you will lose.You have to watch out for such things.The time to buy is when the market stabilizes after falling. Never buy crypto in a falling market.Often the market is stable even after pumping. Don't buy there.A bullish market should also know when coin prices are moving higher. Prices are higher for those who bought at the bottom.And when the market is bullish, it is the right time to sell.After the price of any currency falls, when it starts moving sidewaves, then you should buy and when the price stabilizes after increasing, you should sell. This way you will always be in profit.


Title: Re: buying low and selling high
Post by: LastKiss on September 18, 2022, 09:34:42 AM
the words buy low and sell at high prices, we often hear that but when in practice it is very difficult, because of course it is not as easy as what is said, sometimes even experts in crypto trading sometimes get fooled when trading. because the crypto price cycle is difficult to predict, but there are also many people who are experts in crypto trading so they continue to make profits but they also often fail at first. so the most important thing in my opinion is to seriously study crypto trading. so we will benefit from crypto trading results.

I agree sometimes when we want to invest and we are confident that our investment will go up but in the end we use that money because something emergency happens. It's hard to hold for long time if we didn't use the money that we can afford to lose. And mostly we fall to FOMO because many people tell us to buy this coin or that coin but we didn't learn first about the project for the long term.


Title: Re: buying low and selling high
Post by: LUCKMCFLY on September 26, 2022, 02:34:32 PM
yes is good practice and will be useful suggestion, here is an amazing thing for those who wishes to get profit as if they purchase during dipping and will sell it out during cheered cost. Spot trading is little bit good but focusing is needed, you can also do as to clasp up tokens and not get rid of it until you think it is now able of give you superb returns.
The spot market is just like our regular buying and selling of coins without much risks. The market is bear now and we can still make profits from the market in respective of how the market choose to move. Spot market is less risky with low chances of making golf profits.

The future market is another way to earn but with higher risk that could make us lose all out holdings if we don't know what we are doing. The market is there for us and we can always get .ore skills to be able to trade the market very well without much risk and stress.

One of the fastest ways to earn is with the futures market, actually I don't get involved with futures because I don't have much skill, the trading that I have done more than anything is in spot mode because I know that if the market it goes against me at some point in history, I know I will get that money back, because just leaving a good sell order with a net profit is enough, but not in futures, if in futures the market goes against Well, everything is lost, or what we have destined at that moment, it is something violent, but it happens, of course if you win, you also win big, I don't know, but I see this style of trading even safer than entering in a casino.


Title: Re: buying low and selling high
Post by: CapGelatik on September 26, 2022, 04:26:51 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
buying low and selling high of course requires an analysis in order to determine that,
because without being able to do chart analysis it will make you like playing gambling, 100% gambling,
because indeed in crypto currency without chart analysis, support, resistance and indicators you will totally inconsistent, high volatility makes crypto very risky.


Title: Re: buying low and selling high
Post by: Fredomago on September 26, 2022, 05:53:55 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
buying low and selling high of course requires an analysis in order to determine that,
because without being able to do chart analysis it will make you like playing gambling, 100% gambling,
because indeed in cryptocurrency without chart analysis, support, resistance, and indicators you will be inconsistent, high volatility makes crypto very risky.

For you to be able to know if you're on the right track when buying or selling, you have to be fully equipped with knowledge about the basics of technical analysis and trading fundamentals. That will serve as a guide for you to make the right decisions on whether to sell or buy. Trading without basic knowledge has huge risks and there's a big possibility that you might lose everything you have in just a single click. Trading is too challenging but you could make things easier if you are knowledgeable about what you are doing.

Trading is challenging and not a scheme for quick access to success. There are fundamentals and influences that's needed to understand before you can push your way to success. If you have lots of time and you are willing to learn more, buying low and selling high can be achieved. It's more on your personal knowledge and understanding that will lead you to be successful in this type of investment. Without it, you are risking your investment so before to invest with time in learning things before positioning your investment.


Title: Re: buying low and selling high
Post by: alik111 on September 26, 2022, 06:52:32 PM
It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.


Title: Re: buying low and selling high
Post by: Slow death on September 26, 2022, 07:28:47 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
buying low and selling high of course requires an analysis in order to determine that,
because without being able to do chart analysis it will make you like playing gambling, 100% gambling,
because indeed in crypto currency without chart analysis, support, resistance and indicators you will totally inconsistent, high volatility makes crypto very risky.

even using technical analysis, it is also necessary for the person to pay close attention to the times of each candle, for example to day trade with 15-minute candles in this cryptocurrency market, one can spend hours on the computer and have little profit and at the end of the month only have regrets, while if you choose 1H, 4H or even 8H candles and buy on support and place a stop-loss and let the price go up a lot and then sell if there is a trend reversal to the downside, it is more profitable and has less pain at least that's what I've noticed over the years that I'm in this market

It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.

after the disaster of certain altcoins I stopped trusting altcoins, I only use LTC for gambling, but I use BTC for trading, even if a project is good, there is still the risk of the creator disappearing or doing some shit that harms the project and make the price drop to zero


Title: Re: buying low and selling high
Post by: Vaskiy on September 26, 2022, 11:59:25 PM
It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.
This is the simplest form of trading, but the same won't be successful all the time. To make this format of trade successful we need to have patience and our trade always takes time for execution. Most of the time my choice is to buy low and have the target set for selling. The target gets reached in a day or it can take weeks. I used to wait for that.


Title: Re: buying low and selling high
Post by: Quidat on September 27, 2022, 10:25:25 PM
It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.
This is the simplest form of trading, but the same won't be successful all the time. To make this format of trade successful we need to have patience and our trade always takes time for execution. Most of the time my choice is to buy low and have the target set for selling. The target gets reached in a day or it can take weeks. I used to wait for that.
Simplest form? Might be the typical action you would be making for you to profit, which means its the basic thing where people needs to be done for them to make money but honestly this is the toughest
thing to be done specially when you are a noob or even experienced or expert which this market is totally unpredictable and there's no way that someone could able to predict on where prices
could go and this is what making this action so totally hard to be done or to be applied which there are lots of factors which you would need to consider first before making
decisions.


Title: Re: buying low and selling high
Post by: Awwal08 on September 28, 2022, 01:43:38 PM
It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.
This aspect if the coin is coming up, that is the coin is new then you decide to buy and keep for long period of time. when you make your own research and see that is future is bright then go for it. I think buying low and selling high is traded Coin only. All this depend on someone's luck.


Title: Re: buying low and selling high
Post by: Smitty Werben Man Jensen on September 28, 2022, 03:20:27 PM
It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.
This is the simplest form of trading, but the same won't be successful all the time. To make this format of trade successful we need to have patience and our trade always takes time for execution. Most of the time my choice is to buy low and have the target set for selling. The target gets reached in a day or it can take weeks. I used to wait for that.
Patience is one of the keys in trading and not everyone has it,
Besides that, determining the target is one of the important things,
ideally it's to buy when it's low and then sell it when the price goes up but in crypto it's certainly not that easy


Title: Re: buying low and selling high
Post by: coinerer on September 28, 2022, 05:37:54 PM
It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.
This is the simplest form of trading, but the same won't be successful all the time. To make this format of trade successful we need to have patience and our trade always takes time for execution. Most of the time my choice is to buy low and have the target set for selling. The target gets reached in a day or it can take weeks. I used to wait for that.
Patience is one of the keys in trading and not everyone has it,
Besides that, determining the target is one of the important things,
ideally it's to buy when it's low and then sell it when the price goes up but in crypto it's certainly not that easy
”Buying Low and Selling High” In trading this is a basic concept. A trader will be able to buy from the bottom and the profit will be more. But this deep position is not always possible to get according to the demand. That's why a trader has to wait a long time. The bearish market is in the long run in this situation. This may be the perfect time for buying and the Bull Market is certainly to be worthy to get good profit by sale.


Title: Re: buying low and selling high
Post by: len01 on September 28, 2022, 06:03:50 PM
Patience is one of the keys in trading and not everyone has it,
Besides that, determining the target is one of the important things,
ideally it's to buy when it's low and then sell it when the price goes up but in crypto it's certainly not that easy
”Buying Low and Selling High” In trading this is a basic concept. A trader will be able to buy from the bottom and the profit will be more. But this deep position is not always possible to get according to the demand. That's why a trader has to wait a long time. The bearish market is in the long run in this situation. This may be the perfect time for buying and the Bull Market is certainly to be worthy to get good profit by sale.
and buying cheap selling at high prices is not that easy. sometimes when bearish like this see some coins like they are at the cheapest price and when they are bought the price is even deeper and have to wait even longer for the arrival of the bullish season. maybe a beginner or someone who has just joined crypto trading always finds it easy when buying at a low price and selling at a high price without thinking about the magnitude of the risk when the bearish season hits.
and keep in mind that trading is also not easy when dealing with liquid hunters who are in several markets that can trap traders to lose their money


Title: Re: buying low and selling high
Post by: blockman on September 28, 2022, 11:22:25 PM
Patience is one of the keys in trading and not everyone has it,
Besides that, determining the target is one of the important things,
ideally it's to buy when it's low and then sell it when the price goes up but in crypto it's certainly not that easy
It's easy to do that in our minds but when we step on the actual process, you'll also feel what others thinking and telling that they're confused.
Confused in a way that they have ideas when to buy at low but they don't know if the price that they're looking at now is low.
And upon selling, greed is what most are being stopped upon when they have had enough. They want to have more of it so they don't sell and wait for better prices that ends up them not selling in profit.


Title: Re: buying low and selling high
Post by: kesmex on September 29, 2022, 12:15:13 PM
Patience is one of the keys in trading and not everyone has it,
Besides that, determining the target is one of the important things,
ideally it's to buy when it's low and then sell it when the price goes up but in crypto it's certainly not that easy
It's easy to do that in our minds but when we step on the actual process, you'll also feel what others thinking and telling that they're confused.
Confused in a way that they have ideas when to buy at low but they don't know if the price that they're looking at now is low.
And upon selling, greed is what most are being stopped upon when they have had enough. They want to have more of it so they don't sell and wait for better prices that ends up them not selling in profit.
This is where I think it's important to have basic knowledge and sometimes some people ignore that,
because when we start trading and don't know what it is then what happens like that we will be confused


Title: Re: buying low and selling high
Post by: Smitty Werben Man Jensen on September 29, 2022, 03:39:37 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
obviously trading or investing in the spot market is much more comfortable and emotions will be more controlled than you are trading in futures trading,
yes we know the profit in futures trading will be higher if you put up a lot of capital,
but I'm sure many traders lose because they really really fail to contain their emotions and are blind about the charts.


Title: Re: buying low and selling high
Post by: ShowOff on September 29, 2022, 04:16:57 PM
obviously trading or investing in the spot market is much more comfortable and emotions will be more controlled than you are trading in futures trading,
yes we know the profit in futures trading will be higher if you put up a lot of capital,
I think the answer really depends on what kind of trading you are good at. Spot trading may be better for those of you who don't like taking big risks to lose money than futures trading, but for others it won't be the same. If you ask me which one I like, then the answer will probably be different because investing is my main choice instead of trading with various features.

Then, low risk for low yield and high risk for high yield. In essence, just do what you love without being forced to greedily try your luck at what you are not good at. So if you like spot trading, then continue your goals and plans with it.


Title: Re: buying low and selling high
Post by: topman21 on September 29, 2022, 05:13:20 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
Everything has a principle. There is nothing without principle.Whenever you go for trading on a trading platform you should aim to buy at low prices The basic principle of trading platforms is to buy at a low price and sell at a high price.And if you can trade keeping this principle in mind, you can be considered as a trader.


Title: Re: buying low and selling high
Post by: alik111 on September 29, 2022, 06:45:24 PM
This is a very common strategy in crypto trading to buy low and sell high. But we should make decisions about buying and selling by doing proper research. Always buy low and sell high won't work and it's not a good practice at all.


Title: Re: buying low and selling high
Post by: Quidat on September 29, 2022, 06:56:20 PM
This is a very common strategy in crypto trading to buy low and sell high. But we should make decisions about buying and selling by doing proper research. Always buy low and sell high won't work and it's not a good practice at all.
How you would consider for a price to be that in low? There's no way that you could able to determine on what it is, which means that even it do sounds up very basic.
It cant really be avoided for you not to think on what is the very lowest possible price that you could enter and since this market is something unpredictable
then there's no way  that you could really able to point it out.This might sounds very basic on having that buying low and selling high then this is something
where most people cant really able to pull on on having the precise moment that we should do it.


Title: Re: buying low and selling high
Post by: goldkingcoiner on September 29, 2022, 09:59:09 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Yes but instead of selling, I would rather hodl. And I would DCA (Dollar Cost Average) my dip-buying funds and thereby incrementally making money while not taking losses. I find thats the best complimentary strategy to implement into your broader trading strategy. As far the broader trading strategy goes, you would need to study on technical analysis and fundamental analysis. Thats the minimum. After that you still need to get a feel for the market and learn to never panic-sell (selling on emotion)...

Also important advice: do not listen to anyone except yourself. Don't let the signals of others become your signals. It will screw up your trading strategy.


Title: Re: buying low and selling high
Post by: sayaya17 on September 29, 2022, 11:35:45 PM
is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
It's a very good practice. The goal for every investment is to always stay in profit. Never get distracted by how little the profit might seem if you keep the little coming without getting greedy along the line you will be amazed to what extent your own portfolio will grow with consistency and patience most basically

Spot trading is highly recommended for newbies to develop trading skills, because if we can generate profits on a regular basis, even though
the profit generated is small, then slowly we will generate large profits if we accumulate the profits we make. So as you said, stay patient and
don't be too greedy when trading, then we will get positive results. My advice is not to be obsessed with big profits and then we try futures trading,
where our trading skills are not too good. Another thing to avoid is trading by relying on signals from other people in the trading group, it will only
make us lose money faster. After all, by trading relying on signals from other people, it will not make our trading skills increase too. All we have
to do is practice spot trading with our own research and analysis skills, then learn from every mistake we make. Slowly we can become successful
traders by achieving large profits.