Buy Low / Sell High!

[Bit_Happy]

We are seeing panic buying right now.
It would be wise to sell at least part of your BTC and buy back for a profit on a correction.
If that fails?
Sell a bit more! The price will be at least temporarily lower (than 2138.45 USD at BTC-e) in the near future.

Enjoy the ride.

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[1Referee]

My cold wallet coins till this day are still untouched, and I will not touch any of them in the coming years. I have a seperate bag of funds and coins that I use to trade the volatility. All profits made in BTC will directly flow into my cold wallets - I almost never cash out to fiat, as in having the money sent to my bank. For now I secured 10% profits between $2100-$2110, let's see where we go now. I do expect a small dip to occur.

[Ted E. Bare]

Buy high, sell higher

[Ayiranorea]

Buy high, sell higher

It's the perfect strategy that can give all the users an assured profit. Right now thinking to buy at a lower price is something a dream, so buy high and selling higher is the only go. One who can afford is gonna profit compared to the people who are with patience to buy low.

[Raja_MBZ]

...so...do you think that people were thinking that buying high and selling low would provide them profit?

Will they change their mind after seeing this thread?

That has been the aim of trading since the world came into existence, actually.

[blatchcorn]

Buy high, sell higher

It's the perfect strategy that can give all the users an assured profit. Right now thinking to buy at a lower price is something a dream, so buy high and selling higher is the only go. One who can afford is gonna profit compared to the people who are with patience to buy low.

I don't think that price will fall to extreme level now and even if it falls it won't go that low where you can buy huge amount of bitcoins so if you have a spare money and if you can hold your bitcoins for a long term with good patience then you can afford to buy them even at the current price as price will go even higher in future so even if you buy now you will be making good profits from it in long term.

[BitcoinHodler]

Buy high, sell higher

It's the perfect strategy that can give all the users an assured profit. Right now thinking to buy at a lower price is something a dream, so buy high and selling higher is the only go. One who can afford is gonna profit compared to the people who are with patience to buy low.

I don't think that price will fall to extreme level now and even if it falls it won't go that low where you can buy huge amount of bitcoins so if you have a spare money and if you can hold your bitcoins for a long term with good patience then you can afford to buy them even at the current price as price will go even higher in future so even if you buy now you will be making good profits from it in long term.

if by extreme levels you mean $500 or $1000 then no it is never going to happen but a simple dip also known as a correction can happen, lets say something happens and price dips to $1900 that is a 10% drop and you can call it extreme too. and a good chance to make a good short term profit.

[Sanglotslongs]

Buy high, sell higher

It's the perfect strategy that can give all the users an assured profit. Right now thinking to buy at a lower price is something a dream, so buy high and selling higher is the only go. One who can afford is gonna profit compared to the people who are with patience to buy low.

I don't think that price will fall to extreme level now and even if it falls it won't go that low where you can buy huge amount of bitcoins so if you have a spare money and if you can hold your bitcoins for a long term with good patience then you can afford to buy them even at the current price as price will go even higher in future so even if you buy now you will be making good profits from it in long term.

if by extreme levels you mean $500 or $1000 then no it is never going to happen but a simple dip also known as a correction can happen, lets say something happens and price dips to $1900 that is a 10% drop and you can call it extreme too. and a good chance to make a good short term profit.

Yes we may see certain level of drop in the price in coming days and if that happens then that would be the best time to collect maximum number of coins as price can bounce back again and in that case it will give you an opportunity of making good profits in short term so it would be better to wait and watch and see how price moves on in next couple of days.

[Wandika]

Buy high, sell higher

It's the perfect strategy that can give all the users an assured profit. Right now thinking to buy at a lower price is something a dream, so buy high and selling higher is the only go. One who can afford is gonna profit compared to the people who are with patience to buy low.

Are you kidding mate? How can you say that we can assure profit while you buy a coin at its high price? This is the riskiest method but still can be profitable if you choose a right coin to invest, The best coin fitted for this method are BTC, Eth, and Waves. Only solid coin can be fitted on this.

[Noctis Connor]

If you do buy now it is very expensive i think it is better to do trading than buy and sell of bitcoin because if you do buy bitcoin there are fee's like in my country you can't buy bitcoin that accurately with preev.com it always had 5% fee of bitcoins so i decided to earn bitcoin not to do buy and sell.

[AjithBtc]

As one of the user suggested buying at higher price is quite risky, as we're not sure about the coming days. If the price increases then it's good, else we cannot stop the loss as the price fall happens in no time. It's good to find solid altcoins that will be pumping further is the perfect go as we don't get the chance to buy low and sell high.

[BlackPanda]

Now we all have a very difficult choice. Because we must be able to make decisions. When bitcoin prices continue to increase we will certainly be interested to sell bitcoin, while we still hope that bitcoin prices continue to increase. This is a very difficult choice.

[Slow death]

...so...do you think that people were thinking that buying high and selling low would provide them profit?

Will they change their mind after seeing this thread?

That has been the aim of trading since the world came into existence, actually.

If it were so simple to buy low and sell high we would all be very rich doing trade

Buy high, sell higher

ha ha ha ha

When I started doing trade I thought it was very easy that it was just buy low and sell high, but I lost a lot of money and realized that there are many things that people need to know

[btc_angela]

I  think its much better if you want to sell, just a small portion of your bitcoin and not sold in just one dump. At least if there is a correction price you can still buy at low price and the portion of did not touch will still remain intact until the price goes up and sell some portion again.

[ImHash]

You know what? let the smart people accumulate coins on top of coins and you stay a spectator, this ain't any panic buying rather a strong accumulation phase I believe done either by governments around the world of their agents. Because we have seen before what happens when community enters a panic buy frenzy, all ends up in short bursts of slow pumps and sudden dumps. But this time is entirely different, price is sustaining actually and is growing strong by the hour.

[DeathAngel]

We are seeing panic buying right now.
It would be wise to sell at least part of your BTC and buy back for a profit on a correction.
If that fails?
Sell a bit more! The price will be at least temporarily lower (than 2138.45 USD at BTC-e) in the near future.

Enjoy the ride.

It's easy to tell people buy low / sell high but nobody tells you when 'low' or 'high' is. People sometimes wait too long hoping for a correction & an opportunity to buy low but the price goes up instead. Just buy what you can arford to, when you can afford to.

Throughout bitcoin's lifetime there has been only one guarantee - a rising price over time.

[popovicbit]

We are seeing panic buying right now.
It would be wise to sell at least part of your BTC and buy back for a profit on a correction.
If that fails?
Sell a bit more! The price will be at least temporarily lower (than 2138.45 USD at BTC-e) in the near future.

Enjoy the ride.

I am also of this feeling.

There is absolutely no reason the price should be going up this fast and this long. Japan, lack of withdrawals from exchanges, blah blah blah....

The run up from 1250 has been a big feedback loop and I'm sure wales are just adding fuel to this fire.

If someone could point to some institutional investors, hedge funds, or governments buying up BTC in the last month I would concede that we entered a new phase. This doesn't seem to be the case.

Look through this forum or reddit...the amount of comments saying "this will be 5k, 10k in no time" is a signal of the frenzied state of mind people are currently in.

Just to be clear, I am a HLODer for the long term, but I cannot think this will be too healthy of BTC in the short run.

[Wilhelm]

My cold wallet coins till this day are still untouched, and I will not touch any of them in the coming years. I have a seperate bag of funds and coins that I use to trade the volatility. All profits made in BTC will directly flow into my cold wallets - I almost never cash out to fiat, as in having the money sent to my bank. For now I secured 10% profits between $2100-$2110, let's see where we go now. I do expect a small dip to occur.

+1

Don't even try riding the waves unless you're a pro.
Don't use stop-losses they will kill your account.

You are already making a few percent a week with this volatility so don't get greedy and just go safe and hodl.

GREED KILLS AND HODL WINS!!!!

[21BTC]

We are seeing panic buying right now.
It would be wise to sell at least part of your BTC and buy back for a profit on a correction.
If that fails?
Sell a bit more! The price will be at least temporarily lower (than 2138.45 USD at BTC-e) in the near future.

Enjoy the ride.

I agree with you price will fall but everytime i think of selling some bits price rises so i wait and in few days price suddenly crashes.The only safest thing to do if you want to profit is HODLING

[DrGuns4Hands]

In my opinion, even if I can sell high I just don't do it. I will just wait bitcoin prise at it's low key or I will wait the price to crash. At that juncture, when the price crash, I will buy as much as I can and even if my money can afford it to buy more bitcoin. I don't sell them high even if I can have a huge money because in btc i can earn as much as i want