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Author Topic: Buy low and sell high is very tough  (Read 2594 times)
Emperor of Man
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May 25, 2018, 10:36:04 AM
 #261

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?
It's not so hard these days. Many good coins which are not so far from their bottom price (some are even cheaper than their ICO price).

The hardest part of it is to be patient until your investment makes progress. Sometimes it means more than a year of wait, and life has expenses...  Sad Undecided
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May 25, 2018, 11:17:52 AM
 #262

I think we need to keep practice so we can sell high but the problem is sometimes we think that we can sell at the high price but the next minutes, the price still increase so it means, we are not selling at the high price. I have this experience yesterday when I sell maid at 5539 satoshi but in the next hours, the price increase more than 6000 satoshi. I realize that the price could go increase more than the price I want but it's not a problem for me because I can take my own profit from maid.

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artjomgorelov
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May 25, 2018, 11:20:22 AM
 #263

It is very easy when the price is low, you have to buy, and when the price is high, you have to sell, nothing complicated.
solovalley
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May 25, 2018, 11:40:10 AM
 #264

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

I think the strategy is only one, that is waiting. Investment is not just buying and selling, but one of the key is waiting.
All those big jumps are those who patiently wait and stay optimistic when the market does not meet expectations.
Victorycoin
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May 25, 2018, 11:49:43 AM
 #265

Although it sounds very simple, it is difficult to execute. Traders and investors must have a certain objective method to determine if prices are high or low. In my opinion, an approach to buying high, sell low, which is more suited for long-term investors is to use the crypto cycle and sentiment surveys by using market timing tools.
That's precisely how it is - never all said and done, otherwise traders would have been the richest people on earth. Nevertheless experienced trader able to deploy certain trading tools, stand better chance of spotting good entry and exit points in the market. Though their true winning strategy is in their power to not follow market noise but instead wait and wait, until a right time to buy or sell turns up.
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May 25, 2018, 11:54:30 AM
 #266

Trading is a risky business and you need to keep on top of the market and have many variable into account, so yes it is quite hard, but also quite profitable.
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May 25, 2018, 11:56:00 AM
 #267

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

This should be the best formula ever in order to be rich and reach your goal in crypto. But this in not usually happening overtime. This needs a lot of hard work and monitoring of your investments because it is very hard to predict the market value. There are times when all the value is at its lowest and we tend to panic and our stress level increases. This is the way it is, the method is really very tough.  
Adunni6758
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May 25, 2018, 12:06:18 PM
 #268

There is no business or any money making venture that does not involve risk or that does not have its own challenges. The act of buying and selling is known in crypto to be trading and trading is one of the most lucrative, but also of the the toughest aspects of earning in crypto. Getting yourself involved in buying and selling requires a lot of time, effort, intellect and risks.
senne
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May 25, 2018, 12:16:32 PM
 #269

It is very easy when the price is low, you have to buy, and when the price is high, you have to sell, nothing complicated.

It is not as easy as it looks, everyone wants to follow this technique of "buy low and sell high" but once you get into trading you will understand that you cannot predict the high and low of a coin. Also, coin will never fall before telling you or anyone. Hence, it becomes very difficult to trade with this rule rather you should fix your goals and sell as if you start following your greed to earn more from a coin you cannot earn profit from a coin.
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May 25, 2018, 12:59:56 PM
 #270

yes because it is the best strategy, must be patient waiting for an opportunity, when the market falls in the right time to buy then hold until the market recovered Grin
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May 25, 2018, 05:04:21 PM
 #271

Of course it is not easy, if easy there will be no success stories of people who hold crypto in a long time.
Those who succeed are those who go through times that are not easy with patience.
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May 25, 2018, 05:09:37 PM
 #272

Well, of course this is only in theory so easy. In practice, it is much more difficult...Probably the most important rule is not to be greedy Wink
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May 25, 2018, 05:18:10 PM
 #273

 its not an easy technique really to per take in as it takes time for chances to buy low to come-by. It also takes lot of patience  to wait for the coins to peak so that you sell at a higher price,, but really that's what cryptocurrency is all about, patience and key decision making or else there will be no making money off it
Specialforce
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May 25, 2018, 05:19:39 PM
 #274

Yes it is very tough especially for newbies because it is hard to anticipate the price every time and also i do believe that you must need to be a veteran trader first to get buy low sell high but it is not impossoble it is possible through hard work

donadoni212
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May 25, 2018, 05:26:11 PM
 #275

it is a basic theory of trading, you buy cheap sell when the price rises but this should be supported by the analysis in trading. buying the right coin is one such example with the selection of the right coin you can earn multiple benefits, by relying on fundamental analysis you will get information about the project from the coin you are going to buy.

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May 25, 2018, 05:44:33 PM
 #276

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

It is tough for those who do not have the time to keep watching the markets and move the goal posts every time there is a price fluctuation. For professional investors it's very profitable, especially for whales who can manipulate the market prices.
Bardman
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May 25, 2018, 07:34:51 PM
 #277

it is a basic theory of trading, you buy cheap sell when the price rises but this should be supported by the analysis in trading. buying the right coin is one such example with the selection of the right coin you can earn multiple benefits, by relying on fundamental analysis you will get information about the project from the coin you are going to buy.

Yeah but, imagine the price is at 1000$, it goes to 1100$ which means it's rising, so now you sell but how do you know it's not going to go higher? There is so much more to it than buying low and selling high, fundamental analysis can work on some coins that have working products but not bitcoin.

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TXCEO
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May 27, 2018, 08:47:24 AM
 #278

I agree that buying low and selling high is very difficult! The best price to buy low is in the ICO phase, but now ICO is basically deceptive, and the price of the token on the exchange is very high! It is difficult to meet the right price!
Periodik
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May 27, 2018, 08:51:30 AM
 #279

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

It appears to me that the very common line "it is easier said than done" is very applicable here in the world of crypto. Buy low and sell high is the best choice of course. That is the target of every crypto trader and investor, obviously because it is where profit is being created. But the question will always be, how do you know that it is already the low or the high that we are talking about? Everything could happen here.
syusk82
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May 27, 2018, 08:52:08 AM
 #280

Trading takes experience. Before trading, you need to choose a better exchange, a more liquid coin. You also need to decide whether to go up or down depending on the bitcoin movement. Simply put, trading is a very difficult thing. If you don't have enough experience, I don't advise you to try it.
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