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Author Topic: Buying low selling high ain't always successful  (Read 1158 times)
Metall303
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April 26, 2020, 07:41:25 PM
 #201

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.
people are naive in that they invest and want to make huge profits in a short time, but in order to make a profit in the short term you need to have a lot of experience as a professional trader or you should have some information which no one has

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April 26, 2020, 08:47:47 PM
 #202

It will only not be successful if you get in the haste to sell your holdings once you realize that the coin is not rising anymore after you bought the dip. first of all, before you ever go into such purchase you should have observed the coin's market trend over the time to know its high and low so that when you buy you have some assurance that once the crypto market start to boom all over again it will surely rise to that price.

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April 26, 2020, 10:05:59 PM
 #203

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 pass more time in cryptocurrency, you will more experience. From me I would advise you to passed at least 4 years then you will know what is coming pump or dump. In 2018 everyone was felling frustrated for crypto situation, some investor didn't believe that it will turn back. But who has experience, surly he knows that price will turn back. Still altcoins price is flat, you shouldn't miss it.
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April 26, 2020, 10:30:05 PM
 #204

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 pass more time in cryptocurrency, you will more experience. From me I would advise you to passed at least 4 years then you will know what is coming pump or dump. In 2018 everyone was felling frustrated for crypto situation, some investor didn't believe that it will turn back. But who has experience, surly he knows that price will turn back. Still altcoins price is flat, you shouldn't miss it.
That's not really the truth even veteran traders still have hard time accurately predicting what's gonna happen in the future. There's no certainty when pump and dump gonna occur even if you have traded for many years and know all the trading pattern but that doesn't guarantee anything will go as planned.

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April 26, 2020, 10:37:24 PM
 #205

It is painful when you buy the dip and it just keeps getting dipper or you take profit and convert to usdt only to see that the coin you sold keeps pushing up in price. The best thing is to swing trade frequently and utilize stop-loss too.

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April 28, 2020, 09:24:36 AM
 #206

You are moving in the right direction. There is no guarantee that anyone will be tricked into buying if they are tricked into buying. However, if someone buys a win at the time of purchase, he will never fall into the loss of God. Because he was awarded of the subject and went towards it.
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April 29, 2020, 12:55:48 PM
 #207

The volatility of cryptocurrency makes it very unpredictable, there is no times as the best to buy because you don't know what happens the next minute. About 3yrs back I bought Powr token when it dip, shit went dipper for like 1 year it never came back to the price I bought. If you buy in dip or in bull and still made profit you should count yourself as a lucky person. Cryptocurrency market is a hard task even to those that can study the graph 📊
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April 29, 2020, 01:03:21 PM
 #208

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

Might as well convert on investing to stocks right now. Big companies going to the dip right now and we all know that when the crisis is over they'll go up again. Did I just state the obvious? haha
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April 29, 2020, 01:08:32 PM
 #209

It is painful when you buy the dip and it just keeps getting dipper or you take profit and convert to usdt only to see that the coin you sold keeps pushing up in price. The best thing is to swing trade frequently and utilize stop-loss too.
The market is really unpredicted, we cant say if we made the right decision for buying or selling because we never know the next movement of the price. Thats why its better to only invest a spare money or a money you can afford to lose so whatever happens with your investment you're prepared because its not a money meant for important things.

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April 29, 2020, 01:12:48 PM
 #210

It is painful when you buy the dip and it just keeps getting dipper or you take profit and convert to usdt only to see that the coin you sold keeps pushing up in price. The best thing is to swing trade frequently and utilize stop-loss too.
The market is really unpredicted, we cant say if we made the right decision for buying or selling because we never know the next movement of the price. Thats why its better to only invest a spare money or a money you can afford to lose so whatever happens with your investment you're prepared because its not a money meant for important things.
This is what volatility means mate and also this market characteristic is why we are Earning here(of course losing as well) and also this is same reason why we love investing inside but like what you said we must put the money that we are carry to risk or gone if we cannot afford to wait longer time from the time we invested.

i have seen many people put their money and expect to grow even in 24 hours cycle,the problem is if the currency they bought suddenly fall down right after he purchase and the shit thing is will blame to the market though they have no idea about the volatile.









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April 29, 2020, 01:23:47 PM
 #211

i have seen many people put their money and expect to grow even in 24 hours cycle,the problem is if the currency they bought suddenly fall down right after he purchase and the shit thing is will blame to the market though they have no idea about the volatile.

They like to play the volatility, some expect to increase their money significantly even in just 24 hours especially if the market is bullish, but it will not happen most of the time, they'll be lucky if it happen and it normally happen on coin with less trading volume as those coins could easily get pump compared to the coins which are trading in big market.

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April 29, 2020, 01:28:07 PM
 #212

It's more easier to long instead of day-trading. You have to be either a great expert or extremely lucky to day-trade and always gain profits. That's definitely hard to execute.
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April 29, 2020, 01:31:31 PM
 #213

i have seen many people put their money and expect to grow even in 24 hours cycle,the problem is if the currency they bought suddenly fall down right after he purchase and the shit thing is will blame to the market though they have no idea about the volatile.

They like to play the volatility, some expect to increase their money significantly even in just 24 hours especially if the market is bullish, but it will not happen most of the time, they'll be lucky if it happen and it normally happen on coin with less trading volume as those coins could easily get pump compared to the coins which are trading in big market.
but such pumps will not be balanced with sufficient demand to grow investments or trade. I trade daily every day with assets that have high trade-in large markets. it helps me to get profits easier than I trade with assets that do not have a large trade.

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April 29, 2020, 01:46:56 PM
 #214

Cryptocurrency includes investments with high risk, because the price is difficult to predict. It is true sometimes when prices
already low, then we decide to buy. After that the price is not going up, but it's going down. Here the ability and experience
we are tested, we must be able to make the right decisions. We analyze carefully later we will get the answer, whether coins
that we have bought should be hold or stopped loss.

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April 29, 2020, 02:49:27 PM
 #215

It's more easier to long instead of day-trading. You have to be either a great expert or extremely lucky to day-trade and always gain profits. That's definitely hard to execute.

I second to this one but let's still think that doing long also has its own risk so better do some research before investing.  Wink
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April 29, 2020, 05:58:04 PM
 #216

tanx for the laugh OP , it was like i was reading my own story , i tryed many times to buy in dip's and sell high but i also learned the hard way that trading is more difficult then it seems , whatever i do , buying low or selling high is always going wrong , in the end i stopped trading and keep what i have for the long run
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April 29, 2020, 06:13:36 PM
 #217

Very true... Most times you buy low, it goes even lower and making you to wait endless for it to rise again before selling. If you are lucky, you might get to wait for a short time, if you aren't, then you wait a longer time or simply sell at a loss and move on. I have seen cases where prices never rise again and some of the projects disappear or die a natural death leaving you with whole bag of shit and dead tokens. It isn't always an advisable way of trading. If you must, then only buy or trade the top 10 to 20 coins on CoinMarketCap.
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April 29, 2020, 06:49:56 PM
 #218

yeah some people just think when it deep they buy that token/coin and when it up they sell it.
that the basic of trading and all people tof course think like that, but the trading system is not so simple like that.
we must doing some research before we start to buy some coin in deep.
'cause we don't know whta that coin will grow after we buy it.

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April 29, 2020, 07:18:41 PM
 #219

you could make a low purchase to sell it back when prices rise. but that requires quite a long time. you better buy a price that is not too far from the current price alone, so that your funds will continue to spin

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April 29, 2020, 07:38:25 PM
 #220

Cryptocurrency is one of the most risky yet rewarding investments in our current era.

All kinds of people having made huge amounts of money by investing into cryptocurrency.

It does not take a paid group or being a genius to profit from investing in cryptocurrency.
“profit from cryptocurrency does not mean you will become a millionaire overnight by investing $100 and going to sleep. That is not how investing works.

Real investing is persistent and it takes having knowledge about the projects you invest in.
Success in any business is profit and the way it goes buy low in a right project or coin and sell high after considering necessary analysis is the way oo.
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