Buying low selling high ain't always successful

[shinratensei_]

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.

The knowledge about the market can be used to determine how deep the bottom level of the altcoin. The problem is if people are taking it randomly and this strategy will not bring a successful trade. Im even doing very deep research to determine how deep the bottom level that can be achieved by the coin. This is a really difficult task as when you are getting too late for a few seconds and the market will always get bump again after that. This is not something that can be done easily.

[cytpoway121]

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 wouldn't say it is not successful as long as you can find a good entry point.
There are several traders who use the strategy of buying low and selling hight.

But to do that, you need to do your own research, select the coins, make the proper shot, get in the trade earlier.
Avoid buying the bottom price of altcoins.

[Kiefner]

Trading is not the easiest thing to do. Especially altcoin trading. I think it's best to start with bitcoin. This will bring more benefit and profit.

[Asuspawer09]

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 low and selling high for me always work.

The problem is did you really buy your cryptocurrency in a low price? I think you are just losing your hope. You will never lose if you will never sell works in Bitcoin and some popular altcoins in the market.

Just don't invest in dead coins in the market since I don't think it might be profitable even for the long term the price could go down.

[daniahya]

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.

true, we also have to read the market movement and determine the point where the lowest price, do not buy it because of course you will experience a loss, be patient first wait for the price to really go down then we buy it and don't forget to check the latest news about the coins you want to buy

[ShowOff]

true, we also have to read the market movement and determine the point where the lowest price, do not buy it because of course you will experience a loss, be patient first wait for the price to really go down then we buy it and don't forget to check the latest news about the coins you want to buy

Trade requires knowledge, experience and analysis. Determining when the right time to buy and determining when the right time to sell is one of the things that must be owned by a trader. In trading, a trader must have knowledge about price analysis through charts, have a profit target to be achieved and minimize risk through cutlose when prices dump.

Support and resistance are two things that are just as important for achieving success in trading. Without knowing these two things, traders only rely on expectations because of other factors such as the rise in the price of bitcoin or other. Price analysis techniques use support and resistance it will make traders able to determine the right time to buy and sell their trading assets in my opinion, there is a profit target when the price approaches resistance and cutoss if the price falls near the support or break-down past the specified support limit.

[Kotone]

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 thing on market. Actually that's normal, you just need to figure out the timing in order to benefit with the buy low sell high. Also, you must be patience when it comes to this, since not all the time we can know how the market will respond. Sometime it can crash anytime the least we expect it.

[betty11]

Well this depends on the coin you are trading, if you trade in sat, it's going to definitely affect the price because of bitcoin correction, well I have been trading WRX, Hbar and Stellar on binance, I am not ready to cash out yet but just to increase my bag, I buy low and sell high, repeat the same again. This takes patience and discipline as trade may not easily hit target. Just do what works for you. Trading is way better than bounty.

[fortunecrypto]

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's part of the game but the formula will not change it's the inverstor's fault why it won't work, market is unpredictable you never know after you bought on what direction it would go next but one thing I'm sure of is the market will eventually recover and all the top coins will have another all time high.

[lienfaye]

Well this depends on the coin you are trading, if you trade in sat, it's going to definitely affect the price because of bitcoin correction, well I have been trading WRX, Hbar and Stellar on binance, I am not ready to cash out yet but just to increase my bag, I buy low and sell high, repeat the same again. This takes patience and discipline as trade may not easily hit target. Just do what works for you. Trading is way better than bounty.

Indeed, it takes patience and discipline to be able to do this effectively. Buying low and selling high is still the best strategy to gain profit in crypto but this depends on the coins that you're going to buy. So if this not works for you it doesnt mean its not effective for other traders because we have different strategy when it comes to the coins to buy, how long you will hold and your set price to sell.

[xvids]

If only it is as easy as it sounds, Most of the people when you ask them how to trade the only answer that you would get is buy low sell high,
I am also one of those who give that answer since I don't really have much time and it is hard to explain.
And it isn't always that way there are some crypto that you could buy at a high price but would also continue to go up.

[bgaf]

It's part of the game but the formula will not change it's the inverstor's fault why it won't work, market is unpredictable you never know after you bought on what direction it would go next but one thing I'm sure of is the market will eventually recover and all the top coins will have another all time high.

I hope this come too. I have some altcoins at my disposal which doesnt have value and when the bull run season arrive I do hope that I can see again another all time high price for some altcoins. Trading is really pain in the ass and not everybody have patient with it, more importantly when the market becomes an up and down pattern like whats happening today.

[shaheer001]

I think you select only one coin in top exchange like Binance, Okex, etc and watch its weekly trend and set the lowest and its highest value then always make Sell/Buy order on those values, I am sure you will get a good return but time-space is required.

[witbla]

You know, what makes sense, blockchain solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile blockchain solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

[hwteeer]

You know, what makes sense, blockchain solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile blockchain solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

Hello. I absolutely agree with you on that. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value

[witbla]

Hello. I absolutely agree with you on that. From my point of view, strategy that helps - getting deeper into the niche you are pretty experienced in. Because it makes it easier to analyze the found solution and understand its real value

That sounds interesting. Cause yeah, the industry is traditional. And have you found any truly advanced one? Can you share? Very curious to know

[hwteeer]

That sounds interesting. Cause yeah, the industry is traditional. And have you found any truly advanced one? Can you share? Very curious to know

Talking about me, the most advanced discovery is GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion. Of course, I also recommend you to have a closer look at their website to have a deeper understanding of unique features guys are coming with

[witbla]

Talking about me, the most advanced discovery is GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion. Of course, I also recommend you to have a closer look at their website to have a deeper understanding of unique features guys are coming with

Sounds very attractive from your words, thanks for the recommendation. Let me have a closer look and share my thoughts

[hwteeer]

Sounds very attractive from your words, thanks for the recommendation. Let me have a closer look and share my thoughts

Yep, share, curious to know. Cause I haven't found any alternatives of same high level

[Gladiator25]

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

If you do things like this, buying bitcoin at low price and selling bitcoin in high price, you need to have more patience. Patience is the one that will help to make that technique be effective. If you are really tempted to spend your money and can't wait, well, buy low sell high technique will surely not be effective as you'd think.