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Author Topic: Buy low sell high?  (Read 5002 times)
thanhtux92
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September 06, 2018, 03:01:27 AM
 #221

Maybe that's the principle that almost everyone who wrestles in the world of crypto will be that way, because that's where we will advantage,but we need time and patience to wait for the price to rise again.
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September 06, 2018, 04:34:47 AM
 #222

Yes buy in a low price and sell it in a high price waiting for the price dump and pump don't so exited .
cryptocreap
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September 06, 2018, 06:25:36 AM
 #223

Nice strategy buying lows and selling highs. However, you need to have a strategy at least to understand where lows and highs are, support and resistance levels at least and work with multiple TFs in order to seehow the price is moving withing different time periods. This is a bit harder than just buying dips and selling highs:)
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September 06, 2018, 01:19:13 PM
 #224

That is the main feature of trading buy and selling coins but all of us have different strategy to earn profit buy just simply do buy and selling, there are some people love to hold many coins hoping that the value will increases in the future. But also there are some traders do daily trading which is very risky and hard to earn profit.

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September 06, 2018, 01:47:25 PM
 #225

That is the main feature of trading buy and selling coins but all of us have different strategy to earn profit buy just simply do buy and selling, there are some people love to hold many coins hoping that the value will increases in the future. But also there are some traders do daily trading which is very risky and hard to earn profit.
Whatever strategy if things are still favoring you then it will help growing your assets, buying low and selling high back then is really a good one to use, but eventually the fluctuations are moving so fast not allowing our assessment to always be a good one, though we think that we bought it from the dip but afterwards it can fall more and worse from that, it can go deeper and burned our investment, combinations and sets additional plans so if ever things not going to our favor we do have other stuff to work with.

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Allenw
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September 06, 2018, 01:47:37 PM
 #226

This is the basic formula for making a profit in every investment. What you have to do is, buy coins at a lower price and after a certain time later when the price of the coin is starting to gaining then sell it and generate profit from it.
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September 06, 2018, 10:09:24 PM
 #227

Nobody is patient enough to HODL lol
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September 06, 2018, 11:18:53 PM
 #228

This is the basic formula for making a profit in every investment. What you have to do is, buy coins at a lower price and after a certain time later when the price of the coin is starting to gaining then sell it and generate profit from it.

more precisely it can be said that way is a simple enough strategy to be able to make a profit, but although it is simple there are still many people having difficulty applying the trading strategy, because every price they want to go up is decreasing they will panic and sell it at a low price .
Obama07
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September 07, 2018, 10:14:08 AM
 #229

Sure. It is the main key for make profit for every business. Especially for coins trade. Of course, it is more suitable for holding. This means not that you can’t use this formula for day trading but better for holding. Because if the price goes down then you can buy at a lower price and make good profit when it goes high. You shall be lots of time for catch this profit and take decision.   
Dreamchaser21
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September 07, 2018, 10:20:38 AM
 #230

yes it is fact when coin price is low you should buy that time and when coin price is high, that time you can sell, then you will get more profit this is apply for all traders.
But its hard to know if the coin is low, for me you can buy bitcoin anytime you want but don’t sold it if you don’t have profit on that and that is the simple meaning of buy low and sell high. Any exchanges that you trust will do, as long as it works well for you go ahead.
Simple Plan(ned)
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September 07, 2018, 11:04:34 AM
 #231

yes it is fact when coin price is low you should buy that time and when coin price is high, that time you can sell, then you will get more profit this is apply for all traders.
But its hard to know if the coin is low, for me you can buy bitcoin anytime you want but don’t sold it if you don’t have profit on that and that is the simple meaning of buy low and sell high. Any exchanges that you trust will do, as long as it works well for you go ahead.

Do you know that there is an application that details the updated value of the bitcoin? Just be updated on the bitcoin marketing so that you can sell coin in high price.
mejalipat
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September 07, 2018, 12:25:56 PM
 #232

I think to get profit in trading, you have to know when is the right time to buy and sell, which is to buy at a low price then sell at high prices and analyze the market well, take decisions carefully and wisely
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September 07, 2018, 12:45:53 PM
 #233

Buying low is a job that requires anyone to analyze extremely high, careful and may be one of the key points for us to make a profit in this market.
redsun114
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September 08, 2018, 08:04:49 AM
 #234

So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!
If you don’t buy low and sell high, then I wonder what else you should do, buy medium and sell medium? Or buy high and sell low? Lol… just kidding.

But the plan of every investor is buy low and sell high, that’s what we all wants to do, cause when you sell below your cost price then you’re a loser. As for the question on what to convert to when price is high, you should convert it to cash/fiat cause that’s what you bought with right??

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September 08, 2018, 09:02:27 AM
 #235

At these times the price of altcoins has fallen but the good way is when you buy a cheap amount and when you're selling at a cost to earn a great deal of money in trading.
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September 08, 2018, 03:59:44 PM
 #236

talking about buying cheap selling expensive is very easy, but realizing it is not as easy as it is talked about. we must know the state of the market, the news, etc.
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September 08, 2018, 09:09:13 PM
 #237

It is the basic strategy for a whole crypto trading thing but lately it doesn't really work well because markets behavior is completely unpredictable in my opinion.

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September 08, 2018, 09:51:51 PM
 #238

I am more comfortable in exchanges, such as HITBTC, Kucoin, Idex, Cobinhood etc., after that I send it to exchanges in my country, conbase is a big exchange, with strict rules, they easily close your account just because the IP is different, so be careful friend ..
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September 08, 2018, 10:16:19 PM
 #239

Actually this is what most people do. This is a good way to earn money. I started trading like this. In general, nothing complicated. Just look daily traiding pairs to bitcoin and choose suitable ones. Usually, all deals were closed within 1 week with a good profit. I used Poloniex for these purposes. But I think any reliable exchange with a large list of trading pairs to bitcoin will suit.
If you are going to trade daily, you will need to keep your bitcoins on the exchange. So it is more convenient and you will save time and money on the commission.


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September 08, 2018, 10:59:12 PM
 #240

Buying low and selling high is one of the reasons we can make a profit, so that's why everyone needs it. I think the market will never be able to recover so if we get Let's sell them
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