Buy low or sell high. What is better?

[maokoto]

Buy low and sell high is the first rule of trading.

But you can buy high and sell higher, or sell low and buy lower also.

By selling highest you get the advantage of selling with a profit even when you have bought also high. By buying real low, you get the profit of not having to sell at a certain margin. You can wait till profit goes really really high.

Lets say a genie gave you the ability either to sell at the daily maximum or to buy at the daily minimum. What will you choose?

[Battareus]

It all depends on what benefits do you expect from the purchase and how soon you need to get your money back, if you just bought and tomorrow there is a need to sell, you do not get a greater benefit.

[roadbits]

Buy low and sell high is the first rule of trading.

But you can buy high and sell higher, or sell low and buy lower also.

By selling highest you get the advantage of selling with a profit even when you have bought also high. By buying real low, you get the profit of not having to sell at a certain margin. You can wait till profit goes really really high.

Lets say a genie gave you the ability either to sell at the daily maximum or to buy at the daily minimum. What will you choose?

I don't think in this world any one can predict the low or high prices of either share prices or currency prices so it is better to buy in small quantities when ever you feel prices are ok for you and sell it when you get some profits but if you try to do a day trading then it is purely based on luck so either you may or may not make profit. But many day traders has lost all their money.

[Honestman]

Buy low and sell high is easy to say than to do. But most ppl are losing money. So do not be obsessed with it. Due to the potential, we could buy it for the long term. We know bitcoin's price is hovering around $200-300 for long time. If we buy at that time, we could sell at $450 recently and get $150 for one btc. Do you know what I mean? Just buy and hold.

[BTTrader]

It is nothing about which strategy is better. It is about which one is suitable for you! It will make you get profits not make you lose.

[Cereberus]

There is no right way to trade on cryptos. Staying up 24 hours staring at the screen will help 
But all you need is to have the right timing then your gold. 

[psonowal83]

there is nothing like better between both of two option as rates may subject to change any time . For me buying low has been most of the part safer for me

[jacee]

I think those two needs to come along. You need to buy low to be able to sell high. It's impossible to seperate the two, don't you think? Also either way, price will be moving so it really depends on your preference. Either you will gwt profit if you know what you are doing.

[SFR10]

The thing with your concern is that buying high and selling higher afterwards shouldn't even be an option here, reason why is that, scenario 1: imagine buying a BTCitcoin at $400 then trying to sell it for $420.... scenario 2: Buy BTCitcoin at $360 and sell it at $400 .... The profit is much more on the buy low,sell high rather than in buy high,sell higher due to the fact that you don't have much of a flexibility in terms of asking or rather selling higher since there isn't a room for it and no wise buyer would buy from you so they rather wait to buy lower even though their going to pay much more in terms of over price value...hope this is clear enough

[Furio]

both, in that order offcourse, strange question btw, I think you can count

[alani123]

Try reading the trends. Daily targets and support limits are important to keep track of while trading, but really it all breaks down to being aware of what the current trends are. I'd say that bitcoin's market is fully speculation based, but rarely real world events have an impact as well. Buying high generally isn't considered as risky when the market is on the peak of a bull run as when a bull run has been going on for a while. Look at order walls and decide if support is decent enough for you to open a position at current levels, keep in mind that orders can be subtracted too so don't take big risks only based on that.

[Amph]

actually i prefer to sell first, because at least you can have your profit if the price then skyrocket, this if i have acquire bitcoin in other way, besides buying

with buy low sell high, if the price get even lower you're screwed

[Lokfar]

For me, it depends on how fast/slow the value goes up and down

Of course a steady value is really good but so far i've only been able to buy low and sell high which works for me

[doggieTattoo]

Buy low and sell high is the first rule of trading.

But you can buy high and sell higher, or sell low and buy lower also.

By selling highest you get the advantage of selling with a profit even when you have bought also high. By buying real low, you get the profit of not having to sell at a certain margin. You can wait till profit goes really really high.

Lets say a genie gave you the ability either to sell at the daily maximum or to buy at the daily minimum. What will you choose?

You actually cant predict accurately what is the low and what could be the high the next day. If you want regular and quicker returns always go for buy low and sell high, nut trade only with a minor portion of your total BTCs.

[erikalui]

For me, I set an amount for each trade I make. In forex, it's 30 pips and in bitcoins it is $5-$10 minimum. So it's not buy very low and sell at a very high amount. You need to be practical and set an amount that is easily achievable.

[alrachid]

There is many different ways to go about the trading as you have stated. Most common strat is to buy low and sell high. But when is low? Low is often a time where some amount of panic has hit, making weak investors drop out forcing often a new low. Once faith is restored, watch for signs of a confident rising trend again. I like to get in on the way up and jump before the turn down. Of course this is only possible because I work from home and I am able to keep a constant eye when day trading which is very advantageous.

[FruitsBasket]

Just trade when u feel like it will go down. And buy when it is low, like 200-250$ if it ever will be such a low price again. There isn't any real strategy that works, just like gambling. Mayby only way, but then u need to be in a trading group which can pump/dump very good.

[R4v37]

Buy low and sell high is the first rule of trading.

But you can buy high and sell higher, or sell low and buy lower also.

By selling highest you get the advantage of selling with a profit even when you have bought also high. By buying real low, you get the profit of not having to sell at a certain margin. You can wait till profit goes really really high.

Lets say a genie gave you the ability either to sell at the daily maximum or to buy at the daily minimum. What will you choose?

trust me...
Buy low and sell high << this dude is just a myth
before we buy low, a godlike "bot" will bought some in just matter of 1second
and when price crashes... that same bot will dump faster than you can blink 

[Dorrittulx]

Buying low is ALWAYS better. Enough said.

[Mickeyb]

The very best thing you can do is to leave your coins in cold storage and that you quit trading altogether. When you account for all the risk, all the nerves lost and all the coins you are probably going to lose, even if you make some profits, in the end this just ain't worth a trouble. At least that's my conclusion about trading.

Since I quit trading I am a much happier man!