Buying low selling high ain't always successful

[Crypto5060]

It's difficult to buy the dip because no one can say for sure where the dip is. The goal is to buy at a point that is cheap enough so that when the market starts recovering you will make some profit.

[zaim7413]

It's difficult to buy the dip because no one can say for sure where the dip is. The goal is to buy at a point that is cheap enough so that when the market starts recovering you will make some profit.

For now there is no cheapest point, because the average coin has increased in price from the previous one, if you dare to make a risk, then immediately buy at this time, because current market conditions are good, and obviously profits will also we get.

[TrevorS]

Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

Well of course! Predicting market movements is almost impossible, especially if you do not have serious technical analysis skills. You can really buy low, but when to sell is a big question.
Most often, we wait until the last, as a result, we hold on to coins for too long, expecting maximum growth from coins, which subsequently fall in price, and we, realizing the mistake, wait for the coins to grow up again. Thus we fall into the trap.

[Utoy101]

Sometimes you end up losing more satoshis In the hope of making your Bitcoin grow in numbers, trading is dangerous and profitable at the same time, in which ever state you find yourself do not give up

Trading has never been an easy task as it fully requires predicting the market movement which is almost impossible. With the downtrend perculiar to the crypto market lately, even the people with technical great analysis skills find it difficult making successful trades. Most people see it as more of gambling as you can loose your entire entering capital when things goes wrong and at thesame time, you can make huge money when it favours you. The whole thing is always easier and more profitable when there is bull run as every coin you purchase will increase in value.

[MUG1WARA]

doing that kind of thing is now very risky because the charts now are very difficult to predict so everyone now doesn't want to take much risk to lose a lot of money so in my opinion long term investment is a very good choice until the market really recovers

[Goodvalony]

you need to understand that their is no amount of deep market could be the last. the token might deep until it value turn to something meaningless. you should not spend your entire funds while buying the deeps because there will be a lots of market deep and also do not sell everything during bull market because the market might move even higher. you will definitely regret if you buy everything or Sell off everything.

[skeleto88]

Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

You have to check the market flow form time to time if you wanna game some profits as you mentioned market flow is as not as stable prior to corona outbreak which had seen more stable. As now you if you buy in dip, the goes dipper only way to gain your HODL the coin and wait for the big surge from the market or switch to stable coin where you can not loss as much as big when you ate holding your ALTS assets.

[gweedo]

We cannot predict the situation in this market, so it will be difficult for you to determine the price you want to buy or sell. Like a few days ago, my friend was happy to buy bitcoin at $ 7000. But only a few days later, the price of bitcoin continued to drop to $ 3500, which caused him to lose 50% in a short time. So in this market, we should watch and move with it. Do not try to buy low sell high or DCA

[SistaFista]

Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

Not only based on the dip, we must analyze the price chart before we want to buying.
The Technical analysis method is one of the way to determine whether it safe to buy the dip or not.
Buying low and selling high is not simple as it sounds.

[Emilyearl]

Yes you're right. It's only in theory not in practice as few persons benefit from this in real life. When people buy high they end up selling low when there's a market reversal from their buy point.

[ukon]

We cannot predict the situation in this market, so it will be difficult for you to determine the price you want to buy or sell. Like a few days ago, my friend was happy to buy bitcoin at $ 7000. But only a few days later, the price of bitcoin continued to drop to $ 3500, which caused him to lose 50% in a short time. So in this market, we should watch and move with it. Do not try to buy low sell high or DCA

Continue to buy according to the existing direction or look at the chart and analysis I know the many advantages from before that has been bought at a price of $ 5,000 and now rises to $ 6500 + I think this is a very good profit because it does not have to wait a long time to wait for his profits.
Now we have to look at the graph of what's happening in the future, it's likely that my opinion bitcoin will hit $ 7,000.

[tbterryboy]

Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

That’s just how it is, and there’s really nothing you can do about it. That’s why it’s best to always use an amount that you’re comfortable with when you’re investing in cryptocurrency, the price fluctuates a lot. The importance investing an amount that you can afford is so that if the price should fall you will not be bothered and you will continue to hold for as long as it takes for the price to recover.

There are people who don’t understand Bitcoin and they are mainly newbies, who think that Bitcoin is just a means to double their money, so they invest all their money and regret later. Don’t be like such people, understand the risk and do what you’re supposed to do. You’re not even a newbie.

[BRODIN]

and that is what is called the cryptoqurrency market, there is no guarantee about the rise & fall in the price of a coin. but generally buying low then selling when high is a way to get short profits but sometimes vice versa. It is important for anyone before taking such steps to always monitor your assets and always be prepared to accept the risk in every decision you have made.

[GreenStox]

yes all depends on the placement or entry when you will take action.
if it is right then you will profit if not, will lose.
when market conditions look stable like this it will indeed be difficult to find profits, because price movements are relatively stable and there is no significant increase and decrease.

[adekogbe]

Buying low and selling high can often come off as a myth. Because this is a strategy that is very difficult to pull off for the average trader.
The reason lies in the reality of the cryptocurrency market which is highly volatile and unpredictable.
So its best to do some day trading or bot trading to make profits

[Firefoxx]

This is really good in viewing but when one enter the picture you will understand that it's really true, one would buy low and sell high, next entry you would think you have entered at low, next thing that happens is constant dipping you have no other choice than to sell low after buying high
 It's just how it is. Trading isn't and easy one.

[Youghoor]

It's really difficult predicting the trend of the crypto market you know. You can't Always be right but one thing that I have learnt these days is to be patience when trading. That's one of the important thing you need to have when engaged in daily trading because you only lose when you sell your holdings.

[Lexurdania]

Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

It needs depth of analysis in determining when we buy or when we sell. When prices are falling, it is difficult to predict the lowest prices because there is a possibility that prices can fall deeper and this can also occur when the market is bullish. We better provide a target price when we sell or buy so we can be more calm

[Denamen]

It's really difficult predicting the trend of the crypto market you know. You can't Always be right but one thing that I have learnt these days is to be patience when trading. That's one of the important thing you need to have when engaged in daily trading because you only lose when you sell your holdings.

But holding on to a coin for too long can make you feel more anxious, so instead of hoping, you should accept and look for another coin to make a profit. I used to make a lot of mistakes in investing and really this strategy can not bring good results because altcoins tend to decrease more. Of course, there will still be some coins that can help you do this but the ratio will be very low because you are not always lucky to have this opportunity.

[Python Master]

Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now

That's how the market moves. Market, here is price movement, is always true, we predict price wrong and lose, so we are wrong, remember that the market never wrong. In this case we must revise our trading plan and make a new better trading plan. Don't blame the market in any situation.