swivel1983@gmail.com
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February 27, 2020, 11:19:08 PM |
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You're right. I've been caught doing this a few times, too. I bought a coin when it was very low, but it fell even more. Just in such situations, you should consider many factors before buying. I made a mistake because I only looked at the chart.
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Stanlo
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February 28, 2020, 07:02:03 AM |
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You will definitely recover if you can be patience enough, it might be in days or weeks or even months but the time will definitely come again, and since it's Bitcoin we are talking about here there is nothing to worry about
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gaston castano
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February 28, 2020, 09:45:11 AM |
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market conditions are very unstable for now, you can see from the last 7 days the market continues to decline, and only today has increased. so we can only take advantage if we always pay attention to market conditions, only those who pay attention will get the biggest benefit from rapid price changes.
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ethereumhunter
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February 28, 2020, 09:51:12 AM |
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You will definitely recover if you can be patience enough, it might be in days or weeks or even months but the time will definitely come again, and since it's Bitcoin we are talking about here there is nothing to worry about
I guess many of us still trying to recover from the last year because they already buy any coin at a higher price. Yes, we can recover the loss, and it's only about time that will answer. You will have the opportunity to recover the losses in bitcoin if you keep trying to trade, and no matter how much your profit, if you can trade over and over and make a profit, it will cover the losses. We need to be patient while we are trying to recover because that will not happen in a short time, except if the bull run is coming with fast.
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CryptoPr0t0
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February 28, 2020, 09:54:54 AM |
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For everone highs and lows are different, there only two things that we can do in the markets to make money is, buy low and sell high. What else you can do? I think no one would be interested in buying something high or selling at lower prices. Don't get frustrated just trade without any emotional attachment with your trades then highs and lows will make sense.
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vermigerous
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February 28, 2020, 10:15:14 AM |
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Yes it's true that not all the time that buying low and selling high successful, sometimes we stack from behind and what we buy for a low cost would definitely be lower in the long run which gives us no profit.
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alexforneus
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February 28, 2020, 11:18:30 AM |
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Its always working strategy if you know there the dip actually. Easy to lear, hard to master
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JeotQ
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February 28, 2020, 11:44:06 AM |
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Buying altcoin dips carry the most risk because they can easily fall further but it's not entirely true with Bitcoin, there are chances that Bitcoin can fall further after buying your so called 'bottom' but bitcoin will always recover
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thiscomm
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February 28, 2020, 12:22:00 PM |
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in my opinion it all depends on our speed and accuracy when reading the market and deciding to take action. when the market goes down we should make a purchase then it would be nice to save it for some time, because when we save we can continue to monitor market prices to make sure when is the best time to sell it. appreciate the benefits even though it's small.
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nutriagrigia
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February 28, 2020, 01:01:08 PM |
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Yes it's true that not all the time that buying low and selling high successful, sometimes we stack from behind and what we buy for a low cost would definitely be lower in the long run which gives us no profit.
I've already come across this technique many times. And what happened yesterday was also another trick. Yesterday I bought Bitcoin for 8800 when it fell by almost $ 1,000, but today we see 8400 and most likely it will cost 8,200. This is a problem. I lost a lot of money
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Natalim
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February 28, 2020, 01:05:33 PM |
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.I quit buying low selling high for now
Then you will not succeed as a trader. Man, that is a very effective strategy, the only problem is that you don't do it at the right timing. It's easy to say that we buy at dip and sell at peak or sell high but in reality, it will take time and experience to master and make the right analysis. I suggest you evaluate your strategy, don't quit. By looking at the thread title and not reading your experience, it could be assume that this thread is senseless. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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strunberg
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February 28, 2020, 01:25:48 PM |
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.I quit buying low selling high for now
Then you will not succeed as a trader. Man, that is a very effective strategy, the only problem is that you don't do it at the right timing. It's easy to say that we buy at dip and sell at peak or sell high but in reality, it will take time and experience to master and make the right analysis. I suggest you evaluate your strategy, don't quit. By looking at the thread title and not reading your experience, it could be assume that this thread is senseless. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) its very difficult to determine which is valid low , every one have different way to set their low. as you said above, it will take long time and experience to have best result in analizing low and high. trading journey should not finished when we make mistake and failed in this strategy, we still have alot of time to improve our skill. this market really provide us many opportunity to earn money and we have to keep our spirit to learn everything.
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SaidNurs
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February 28, 2020, 01:55:23 PM |
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That is one strategy for trading, the main key is the fluctuating activity of market prices. If the key is not used you can profit, but it is better to always update the market price so you can minimize the risks faced later.
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fuer44
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February 28, 2020, 02:19:34 PM |
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yes that's the crypto market, up and down and difficult to predict. sometimes it's down but a few weeks or even months later it hasn't gone up significantly. or it could also be the opposite. but in my opinion that's precisely what makes trading and crypto investment more challenging and with the opportunity of market fluctuations, there is an opportunity to get very much profit or even a big loss.
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10BTCaDay
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February 28, 2020, 06:30:40 PM |
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yes that's the crypto market, up and down and difficult to predict. sometimes it's down but a few weeks or even months later it hasn't gone up significantly. or it could also be the opposite. but in my opinion that's precisely what makes trading and crypto investment more challenging and with the opportunity of market fluctuations, there is an opportunity to get very much profit or even a big loss.
in the last 2 years, people receive only losses. Well, maybe professionals in their field make a profit, but for this, you need to understand the cryptocurrency market and trading very well. the last months have brought a little profit, but the last 3 days returned everything on their places
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Pecunia non olet
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February 28, 2020, 08:13:34 PM |
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Yes, the problem is that you can't exactly predict the trend, you can only reduce the risk. Many newcommers think that they can do it, that they can buy the dip and sell the high, the problem is that they still think that situation gets better and they are waiting and waiting and at the end they do not buy anything, in most cases they miss the best opportunity to buy cheap cryptocurrencies.
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serjent05
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February 28, 2020, 08:16:41 PM |
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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 see on of your problem here and that is patience and lack of information with regards your holding. As a trader, it is really hard to implement buying low and selling high if we lack the patience to wait for the right time to sell. Aside from that, for the method to be effective, we need to have enough knowledge about the stuff we are buying and know when the entry and exit point is.
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swivel1983@gmail.com
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February 28, 2020, 10:14:28 PM |
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If you do this thoughtlessly, then of course it will not make a profit. It is possible to trade successfully. The main thing is to have some knowledge of technical analysis and the market.
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sayaya17
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February 28, 2020, 10:47:02 PM |
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Trading does seem like an easy, buy at a low price and sell it when it rises. Sometimes this saying is indeed profitable if the market can be predicted, but when the market fluctuates any prediction is not one hundred percent accurate. We must be patient in trading and continue to carry out other strategies.
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letyouearn
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February 28, 2020, 10:56:30 PM |
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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
So what is your strategy then, lol? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Buying high, selling low? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think the main mistake is trying to buy the deepest dip and to sell the highest high. If you are not trying to do this, it's usually ok.
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