Buying low selling high ain't always successful

[rezakurnia66]

When you buy coins do analyze and use a good strategy. A trader sometimes they can't wait to see the low price. And hurry to decide to buy coins. However, once the coins are bought, the price does not rise but the prices decline. You don't panic but analyze and study the sales charts.

It would be better to buy top coins like Ethereum and Bitcoin. Bitcoin after collapsing now prices continue to experience growth. I recommend buying Bitcoin, but you are not greedy. When the price has climbed and given you a profit, the coin should be your sell. It is better to get a bit of profit than you have to take risks.

[Mulann2]

Only if you buy the wrong coin I guess, let's say you have the chance to buy btc at dip and hold for it to recover, definitely that will be successful to me, thus, I believe if you are lucky to buy a good coin at low price and exercise patience for it to increase again then you have gain from it,
It all depends on what you buy actually, if it is shit coin, then only a miracle will help.

[ampere]

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

There are several strategies to this, you can't just buy low because a project dipped in price.
You need to do more researches and also understand the trade charts.

Engaging in more researches equalling helps.

[Denreal]

It's really easy to say but executing that very desire is harder than you could ever imagine I remember when I venture into this space earlier 2016 my mentor then was always giving signal and then he said buy low and sell high but I always buy low and sell lower lol

That mistake occurred probably because you bought a total shitcoin. buying low and selling high is very possible, particularly when you are dealing with a top coin. there are top altcoins that you can deal with, successfully, even while still practising how to buy low and sell high. Also, you thought you had bought low, but you never waited to see the price stabilized before buying.. A coin might be low and in the next few minutes or seconds, you see it going lower further. It means going into that might be a grave mistake. Wait to let it stabilize around a particular price, but not when it has really gon uptrend.

[ije07]

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

There are several strategies to this, you can't just buy low because a project dipped in price.
You need to do more researches and also understand the trade charts.

Engaging in more researches equalling helps.

it's also a good step before making a short trade. as we know that trading is a way to get quick profits but it is very risky for those who do not have basic knowledge or cannot observe crypto price movements. if someone only relies on basic techniques or is still a beginner it is better to start with small capital, coins have a price development, and are not greedy.

[freedomgo]

it will only work when the market is stable and it stays between in a range.

There is no such thing as stable or moving between in a range, otherwise people would not complain as they can make easy money.
the fact that the market is very volatile, a high risk, that would tell it's hard to predict, and a trader needs to be smart enough to be able to do the right timing.

It is a very good and effective strategy though you can not use this strategy in such a market condition when the market is moving only one direction. But still, its the best way to make money but you need to predict the market right. People just buy high and sell low in fear to lose the best entry.

For a trader to be successful, he needs to know how to make a good decision, regardless of the market condition, as long as the price is moving, he should be able to find a way to enter and exit at a good timing.

[Anonylz]

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

There are several strategies to this, you can't just buy low because a project dipped in price.
You need to do more researches and also understand the trade charts.

Engaging in more researches equalling helps.

How funny that sound! Serious how many traders, investors do more research when there is a dip in the market? Tell me, will you do more research when eth price dip, or bnb, bch, ltc btc, link, dash.... nobody actually have time to do any research again before buying, this are very easy to say, people hardly ever put them into practice,
In fact,  it is because we are still partly on bear market,  during the time of bull run, will you do research before jumping into any available dip, the price is not waiting for you, once you miss that opportunity it is gone, I miss opportunity to rebuy bch at $167 and now am hoping it will come back, just hope.

[XCANA]

That method of trading seem to work for the years back when the cryptocurrency market was very fresh and bullish like no other but we'll know how different the cryptocurrency market looks now as it is not easily be match any longer. The get quick rich has gone to exit. Before you can actually make some decent gains in trading you must understand how to exploit opportunities around the world of cryptocurrency and not just buying low and sell high. Don't be deceive that buy low and sell high is all about trade be warn.

[freedomgo]

That method of trading seem to work for the years back when the cryptocurrency market was very fresh and bullish like no other but we'll know how different the cryptocurrency market looks now as it is not easily be match any longer.

This is still the same volatile market, be specific on the year because if you are referring about year 2017, then of course trading is easy as most coins are very predictable, in fact I made great profit that time.

But, if that was before 2017, market is still volatile, its unpredictable and we can compare the same market now.
The thing is, we should not think that trading is easy at any situation as that would make us very unrealistic, we need to study the market and familiarize its movement, and it should be a continues study.

[panganib999]

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

Actually that's inevitable event. What is hard about buying low is the fact that the bottom cannot be distinguish well especially when btc is always volatile. With this current market, I think many got rekt since all thinks that bull run is approaching while it still at 10.5k price then boom it go down easily to 8.5k and could go lower than what we expected.

The market price indeed fell lower than what is expected proving how unpredictable the market is. Another problem aside from not knowing how low will it fall and also when will the uprise occur. It would be a matter of waiting game and also, speculation. Investing would include having a dead profit but what would be more important is the moment profit will take place and that is also the actual moment that the market will recover.

With regards to OP's decision to stop buying during the 'low' periods, well, that is not a bad thing to do. It would be worse if one would push things to go with his own likings because in the first place, that would be impossible. Frustration is more likely to be the outcome. But there are still people who believe that much. It seems like they are making their own opportunity from investing on coins in which will have a comeback, and doing so for them, is worthy. We just do all have our own methodsin this market.

[Flickkk]

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

Dont just buy and buy low prices . Just read the news about them. Join the telegram group of the coin your investing on it might help you .
And if youre buying on known coin its okay to have a long term when you bought it on low price. Because it will rise up soon. Cryptocurrency will take over the world because of technology

[White Christmas]

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

I don't think so? The way I think was if you buy coins or tokens on a very low price or value then there is a high chance that you may be able to
earn more because when it pumps up you can sell it more or much higher in which you can just earn money and profit by just doing that.

[Smitty Werben Man Jensen]

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

buying on average will be the right solution, if you can read the indicators, then you can know when the right time to collect them, but if not, then you will as you have done so far, focus and stay calm that is the key

[OneLifeKiller070]

Your strategy is not out of the ordinary, such a business policy is capable of delivering good results and there is great potential for greater profitability. However, it is doubtful whether the same policy will work repeatedly. Therefore, if you do not walk in the same direction, sometimes changing the way of the walk, you will not be able to eat the hatch.

[pandanaran]

yes, buy low then sell when prices are high sometimes it doesn't always work. but from there you can find out how to manage capital and get profits when investing in the short term. important for a trader, must be mentally prepared, can manage financial management well, not greedy, and always monitor the coins you trade.

[doctor877]

No trader will always be 100% correct with their trade analysis and trades. You just have to accept whatever the market gives you and bow out. Losing a trade doesn't mean the end.

[torrantz]

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

buying on average will be the right solution, if you can read the indicators, then you can know when the right time to collect them, but if not, then you will as you have done so far, focus and stay calm that is the key

How do you know the average price of a coin? I will way everyone must look at the fact when we have bought bitcoin at the dipping price less than 4k and this time we are doubling our money.
The average price is something that can't be determined easily and we must try to take various level of price to anticipate the bottom but buy the bottom price always become the best decision.

[KaratX]

I was caught in this few days back when I bought neo at 7$ but I have to wait for weeks and now neo is at 8$ per one, I guess the real trick is waiting for the right time, crypto trading requires one thing that's patience

[magnum cyber]

everyone has different strategies and methods before making short-term trading or investing in the long term. but generally to get profit is to buy low and sell when prices are high. this is relatively easy but sometimes it doesn't work because people are too naive or want to get more profit without them knowing.

[pixie85]

No trader will always be 100% correct with their trade analysis and trades. You just have to accept whatever the market gives you and bow out. Losing a trade doesn't mean the end.

OP probably cannot decide what to do. You either day trade and if the price goes lower after your purchase you sell at a loss and buy again to start a next trade lower, or you go for swing trades and if it goes a bit lower you keep holding waiting for it to bounce back up. If it bounces back lower than you bought you still sell at a loss and this is your failed trade but if it goes higher you profit.

If you buy like a day trader but get discouraged by every small loss and don't buy back lower out of fear of repeating the loss you will lose the money anyway but also the chance to get back on track.