BUY high sell low ?

[carlisle1]

can't understand anyone would buy high sell low.

its can be an institution that have a big heart being a charity out from crypto world, but kidding aside its always been a practice to buy low and sell high
as all the traders wants to gai from their investment and its impossible for the person to buy high and sell low if they understand what they are doing, trading is not for everybody its for those who's willing to take the risk and do their homework.

[serjent05]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I think this is the best thing to do.  Put a sell wall and close the platform .  Lots of newbies do this kind of mistake, they are trading with their emotions and often they panic sell at a lost.  The wise thing would be studying what we are trading.  We need to do a research and do some math and projection depends on the news and plans of the development team of coins we are holding.  Have patience and wait for the perfect time to sell your coins.

[culuuton]

That's an interesting idea, but it feels sorta dangerous. Never buy the coin and hold it regardless of circumstances.

[zulkarnaen]

Maybe this is what i often do in trading transactions both in bitcoin and in forex, and always assume the trading method is very simple to buy with low prices and high prices.
But fact is sometimes this often makes me lose because of mistakes in analyzing the price in the market, and often stuck with price dropped drastically so with circumstances of course i manjualnya despite consequences of loss.
But whether it will be forever in trading is always accompanied by a mentor who can provide guidance and direction.

[asonganyi]

how to control this .
stop gambling and start doing business.
do it as though it is your work make your research and when you are sure trade.. stop depending on the market and start trusting and believing on projects.

[amaral1977]

I would do a mix of "studying projects" and trading news with chart analysis. Why? Let´s consider i buy XMR at 0.02, and it dips to a support of 17 and then wonders between 17/18 and im bag holding. Dont worry to much as i believe XMR as growth potential and that bag wil eventually pay in the future.

Lets say i do the same with some coin i dont like/believe/dont know. Ill get somewhat nervous with the bag and eventually dump it a loss.

So i think some chart analysis with whatever indicators you know better. For me, in trading for soe months so very newbie i use EMA´s, BB bands and Fib levels because i somewhat understand them and because they are easily available on polo.
And then do it on coins you believe so that the bags dont get you desperate.

[Sidas_Crew669]

Wow, incredible thought. If indeed you do so then I make sure the advantages that you can get is minus aka you lose. So if you want to get these benefits in trading then, the main thing you have to do is analyze the best. Cause analysis of the best will surely think that buying low time will certainly be more profitable. So, be wise and think someone is carefully.When trading then prioritizing their research and thought-provoking best, otherwise it would all be ruined
 

[baam25]

Lots of good information in this thread. Psychology plays a big part in trading , the idea of buy low sell high seems like common sense, but in reality it's not so easy is it? For example when something is rising, you don't want to sell to get off the rising value. You think what if it keeps going up? And when it's going down, you think what if it keeps going down? Then you panic sell.

The key in my opinion is to not be greedy. Especially for rising coins. Take profit at different stages and be happy.

[ripplehd1]

it can't always be buy low sell high because you need to study the data on the graph and see where it was at the start and where it is right now, if its in the middle then this can be both buying high or selling low.

[Sniper44]

in a trading world some people have to lose in order for others to win. when you buy low and sell high you are selling high to someone else and that someone else is the loser.
and as long as in total you are buying more lows that highs then you can consider yourself a good trader. and the only way to control it is to gain experience to be able to know what "low" and "high" really mean. because these are not just random words. it requires lots of analysis and experience and also awareness of news.

[bitbunnny]

Yeah, this is basic priniciple but it's not always easy as it seems. In the last period when the price went down for a few days it was the good opportunity to buy an with selling now you could earn some. You have to watch constantly the exchangers, follow the statistics and know when to make the right decision without too much emotions.
Trading isn't easy job where you can make money over night.

[coinplus]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

This is basically the fear that a unprofessional will act like. The professional traders know how to hold their emotions and stay calm even if they know that the currency they are holding is losing its price value, they can judge it whether if getting panic is the way to success or staying calm.

I think you should put surplus amount into trading so you don’t get panic and can take a right decision.

[Dudeperfect]

I believe if there is a proper research and time invested in the trade then there should be no reason to worry or getting panic about the situation because a trade is already prepared for worst and best conditions when he is taking any decision based on the proper research. Yes, newbies make the mistakes but I don't think there is any other best and effective way to learn the trading by making and experiencing the mistakes. A trader should consider it as a fee paid to learn the trading.

[el kaka22]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I don't think it is any wrong if done by what so called "noobs".
That is the reason why they called noobs. It is a process how you become expert. If you made mistake today, bought high and sold less. This will teach you two things for tomorrow. One is make worthy choice with full inspection and other is be patient with your choice. Thus gradually you could come up as mature trader.

I think there is no future buying system in bitcoin that we normally do in stock markets. I think every person want to buy bitcoin in reasonable price and can make some profit but in fact no one know about the future and some time after buying bitcoin the price of bitcoin fell down and to protect ourselves from more lost we compromise on the little lost and sell the bitcoin at low price. I think we need to invest money for long term because there are more chance in long term to make money.

Yes this is exactly what most of the people do and especially those people who are interested in short term investments. Such as the users who earns bitcoin from the signature campaigns or by any other means of service providing for them the bitcoin price fall and rise is very much effective.

There is no problem for the long term investor because he knows that the price will get back to the original place and will rise so the long term investors don’t get panic.

[adzino]

Instead of doing random trades, be more focused on coins you know about. Coins you think is has potential. Read about those coins and learn more about them. Once you have enough knowledge and think it is going to be a good investment. Invest on it and fix a sell price which you think will be suitable by using the information you have gathered. Price might drop a bit, but don't sell.

That's an interesting idea, but it feels sorta dangerous. Never buy the coin and hold it regardless of circumstances.

Feels sorta dangerous? Did you even read what he is talking about? 

[avatar_kiyoshi]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

That's the problem, I've read pretty much experienced from people(beginners) who trading, mostly they watch the graphic all day, actually some of them know mostly news feed recently and could be already made a technical analysis too, but I don't know why they still watch the graphic all day, feel hesitant? Could be.

[PokerFace3]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

I am sure no trader will be intentionally doing buying high and selling low. But we can believe almost all the traders will be facing the situation of getting forced to sell low even they have bought at higher prices.

In any highly fluctuating markets, people might be facing this kind of problems time to time. Sometimes traders will be choosing the option of waiting for some period and some other times they will decide to book losses at current prices.

Well in the cryptocurrency market this is not something new to know, though this is good to be discussed so that the people involved in the trading may get some good advice. Sometimes the situation become so unfavorable for the investors that they can’t decide anything else then to go and get rid of the coins before it is too late to lose all your money.

[batang_bitcoin]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

Most of them are probably new investors or traders. They are fearing to lose even more that's why they attain to sell even they lost a little bit from their original capital. And when it comes to controlling, just let them experience on how the market is moving. They will soon realize that it's just a normal movement when there's a bull at dip and sometimes at peak.

[brokedummy]

even the best traders do the same things. sell high and buy higher is pretty common these days I'd wager.

[CyberKuro]

or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

Just weak hand people who sell at low than the price they've bought bitcoin.
I say it is fool decision, in hurry, impatient obviously.
Why sell bitcoin if you know it's a loss? Fool decision
Why in hurry to sell it if you know it will rise someday, maybe next day or next week?  Impatient.