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Author Topic: Buy low, sell high  (Read 422 times)
somac.
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October 10, 2018, 11:59:26 AM
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 #1

'Buy low, sell high' it's an old saying that most have heard, but few follow.

Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.

So what if it takes 2-3 more years to get there. Everyone who bought in 2014/15 are now so fucking happy they'll need plastic surgery to remove the smiles from their faces (which they can afford I might add, hell they can drive to the surgeon in their new car). What if it drops down further you may ask, well you keep buying, because 'buy low' is the rule, not sell low.

Sure if you think Bitcoin has no future this is not good advice, but if that's you stop wasting your time on these forums and go do something else.

Take a good look at the prices back in 2013 after the Cyprus bubble. It was this bubble that confirmed to me that Bitcoin was not going away, it gave me confidence to invest what little money I had and I am grateful for it. If the recent bubble doesn't do the same for you I don't know what will.

I have recently started buying again myself, I buy a little each payday, I recommend to anyone on the sidelines who wants to start saving in Bitcoin to do it in this fashion, it's routine, emotionless way to invest.

Buy low sell high people! Age old, simple, and proven wisdom.

PS - If you did buy high and sold low already, well time to learn from you mistakes and do the opposite.
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October 10, 2018, 01:36:23 PM
 #2

Anyone in the community is fully aware of it, In fact, that is a thing why most people are interested in Cryptocurrency especially bitcoin, because of its volatility and fluctuation, I really think there are a few on the community that can't follow it is because of their weak hands and sometimes bad decision making, And sometimes I get to troubles many times when I think that the price will fluctuate up or down I will then make a decision to sell or buy vice versa to what's need to do, Or rather I can keep up the pace sometimes I tend to buy at a much higher price and sometimes sell on the lowest of price then fluctuations always occur to ruin my day.


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October 10, 2018, 02:18:46 PM
 #3

It is indeed a simple way to benefit from crypto, buy at a low price and sell at a high price to get a profit. And even though it's a simple way but to do it will be difficult if we don't have patience, and patience will be the power to keep holding because of unstable prices.

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October 10, 2018, 03:05:54 PM
 #4

Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.

you can not call some long term investor who is buying bitcoin every now and then to store more and more of his money in bitcoin a "fool" just because YOU are focusing on the short term fluctuations. of course everyone wants to always buy the cheapest possible but that is not how real world works.

the only thing you can say is that people shouldn't sell way too late after a big price drop happened and price reached the bottom, that's all.

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October 10, 2018, 04:19:52 PM
 #5

I would never sell at the current price, so that is why im holding, and I think most of us are holding too, thats why the price didnt go lower, nobody wants to sell their bitcoins for 6k usd, so dont worry, price wont go any lower, but I hope people start to buy again so the price starts to raise like it did always.

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October 10, 2018, 04:51:04 PM
 #6

Yes it is one of the main strategy in all investments.In bitcoin also it is suggested that buy at low amount and sell at high amount.We should avail this opportunity and try to buy as much coins as you can at low price and sell them when price will increase in future.At present it is suggested to buy coins because the price is low.It is the best thing which one should follow in order to get profit.

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October 10, 2018, 04:51:28 PM
 #7

Most of those new to trading are so careless to notice or even learn the basics of trading and all they're thinking was the hyped of the price which can cause a distress if their invested coins would suddenly dump just like what happens to bitcoin this year. It seems too slow and impossible to gain back again the $20k ATH of bitcoin.

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October 10, 2018, 05:48:20 PM
 #8

It is the basic rule of any type of investment.You should buy when the price is low and sell when the prices are high.By following this basic rule we can earn a lot of profits from our investments.

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October 10, 2018, 05:50:17 PM
 #9

That the basic rules mate which very simple but effective way to multiply our money especially if the market growth rate is constantly growing.  But of course you must be understanding and should have more patience also 'cause not all the time you will become profitable on this market due to some causes that always occurs to manipulate the market value , but it's normal scenario , just be aware on it and don't always follow your emotions, avoid being greedy! , and always wait for the right time to sell without lost.  

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October 10, 2018, 05:50:35 PM
 #10

"Buying low and Selling high" is the cycle of this market and you should know that this apply in every other markets and investing.  If you want to makes money as a traders you should buy low and sell high. However, we find it very difficult to follow this principle in trading and that is the reason why we lost money in trading.
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October 10, 2018, 07:41:33 PM
 #11

Simplifying it to just saying that now is low and later will be high isn't going to convince people who aren't already convinced. Without real reason for saying bitcoin will increase people can easily counter and say that the price will just as easily fall and that 6k will soon be a high price rather than a low one.

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October 10, 2018, 08:25:19 PM
 #12


Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.


Fools? Does everyone knows back then what will happened thereafter? What's their mistake (vs. emotions) is holding too much later on but buying at that level is not a mistake*. We already know what happened next that's why you came up with the idea like that.

I doubt you will really sold your coins on $19,000+ if the trend is still uptred.

I have recently started buying again myself, I buy a little each payday, I recommend to anyone on the sidelines who wants to start saving in Bitcoin to do it in this fashion, it's routine, emotionless way to invest.

And now you talked about emotion. Anyways keep up in accumulating some. Smiley

'Buy low, sell high' it's an old saying that most have heard, but few follow.

Because the new one is "Buy high Sell low".

There's a deep reason why people always ended up like that especially in bitcoin. You won't understand it until you are such in the situation where you hold lots of it.


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October 10, 2018, 10:27:03 PM
Last edit: October 12, 2018, 08:32:15 PM by BitMaxz
 #13

Well, I think this strategy still works, buying low and sell at the higher price. However, there are some people did mistakes on selling bitcoin because they're sold the bitcoin at the wrong time. Like what happened to the other traders who bought BTC when the price is higher than 10k that I think they are still suffering from it.

They should learn from mistakes because bitcoin is not stable as usdt or USD and they should know the price history of bitcoin before they invest or buying bitcoin.

So if they could learn from the mistakes they make and they know the bitcoin price history they can easily think first before buying or selling it at the low price. Some traders and holders are following the old price movement because 2014 and 2018 has similar movement, if you can follow this, you will know what will be the next price of bitcoin this coming weeks or months.

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October 10, 2018, 10:46:51 PM
 #14

'Buy low, sell high' it's an old saying that most have heard, but few follow.

Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.

i don't think that's the smartest move either. far too much time has passed for another run at $20k to be a double top. there may be a correction there, but if we test the ATH again, we are going much higher.

sadly, bagholders usually do one of two things:

1. they sell the bottom and start calling bitcoin a scam
2. they wait out the bear market and then sell as soon as they can break even

markets like to punish people. c'est la vie! Cheesy

So what if it takes 2-3 more years to get there. Everyone who bought in 2014/15 are now so fucking happy they'll need plastic surgery to remove the smiles from their faces

not for those who sold at the previous ATH ($1100s-$1200s).....which is why you shouldn't be selling in the $19000s either!

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October 11, 2018, 12:47:44 AM
 #15

which is why you shouldn't be selling in the $19000s either!
It depends on the event and the time frame. It was clear that the futures markets were the driving force behind the bull run of last year, and it's just as clear that traders like to sell news when possible, and it happened.

Another thing, which mainly applies to Bitcoin, is that it tends to correct significantly at the start of each new year. That was again a signal that people should have cashed out their profits.

Don't know how relevant tax sales really are when it comes to the crypto market in general, but that's potentially another aspect to focus on. It's sell signal on top of another signal on top of another signal.

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October 11, 2018, 07:24:34 PM
 #16

Watch it bro. We ask people to buy and they buy, now you  call them fools? What makes you think they will buy again(even at its lowest) after this insult? If Bitcoin had continued to move up from the 20,000 they bought you would probably call them smart.
Nobody is certain where the price will move to next. We are all fools in this case as far as trading and holding Crypto is concerned 



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October 11, 2018, 10:25:02 PM
 #17

which is why you shouldn't be selling in the $19000s either!
It depends on the event and the time frame. It was clear that the futures markets were the driving force behind the bull run of last year, and it's just as clear that traders like to sell news when possible, and it happened.

you're talking about the context of a blow off top after a bubble. that's completely different than hodling now just to sell $19k in the next bubble in a year or three. that's what the discussion was about.

i have to say, i disagree that futures were "the driving force behind the bull run of last year". the altcoin market was bubbling long before bitcoin futures were on the table. if anything, it was the fundamental uncertainty about segwit activation being resolved that catalyzed the underlying bullishness of the BTC market in august.

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October 13, 2018, 09:34:44 AM
 #18

It's not easy to do it all requires analysis, don't get us wrong. when the price goes down, we have to know why this is not done immediately. cryptocurrency is prone to price fluctuations

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October 13, 2018, 11:24:43 AM
 #19

Anybody who is currently at a loss shouldn’t panic. We’ve all been HODLING our bitcoin’s when they’re worth less than what we paid for them, at some point.

What you need to do in the above scenario is stay calm & be patient. It’s pretty simple just HODL for at least a couple of years & everything will be ok. Bitcoin seems to go in cycles, we’ll enter another bull market at some state & no doubt you’ll then be sitting on great profits.

Simple - based on past performance any way.


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October 13, 2018, 11:40:40 AM
 #20

Every trader in crypto is aware of buy low and sell high to make profit but following the rules is the big problem. Timings and patience are the setbacks that hinder traders for waiting for price to rise high to sell. As you put it, even if takes three years for you reach your target profit is far better than selling low out of panic in just a month or two.

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