buy low sell high? (I'm a noob)

[noorman0]

If you want to buy low sell high no matter how long, only bitcoin can revise its price.

Cryptocurency does not have a standard price that can be said to be low at that time and vice versa. The price could drop lower than expected, so you have to bear the risk. Don't ask for advice on which currency is good, people's opinions differ and it can be wrong. You should ask for lessons on how to choose good coins, what are good trading techniques and tips.

[Saisher]

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

There's a temptation to buy coins that looks very low with high volume, but these are pump and dump coins be sure to double check and study the platform of the coin/ token or what they are offering to the community, the DeFi made a lot of investors losses their money because of the hype, go for stable coin, Bitcoin is still the best investment, don't go out of the top 20 to safeguard your investment coins/tokens on that standing are safe to invest.

[3meek]

Buy low sell high - this is of course the best strategy in trading! But only a few out of a thousand traders can use it!
Especially if you are new to trading and cryptocurrencies, I would recommend you to study this board first... I would like to warn you that your first and second and third experience of trading on the exchange will not be successful! It is possible that you will not be able to trade successfully at all!

[Hasan905]

Buying at low rate and selling at higher rate, its easy to say. Also its look like nothing but to wait for the lowest price and sell at the higher rate.But actually its not that easy, there need so many research, experience, market monitoring etc. Also the most important thing is to find out the better place to invest your money, otherwise you may not see success at all.

[tabas]

Start with bitcoin. It's always the safest option for the newbies who are trying to test the waters of cryptocurrencies.
You will never go wrong with bitcoin. Before you test other cryptocurrencies and mostly those that you have never heard of, try first bitcoin.

[Shasha80]

If buying low and selling high is easy to run, there will be many people who get rich from crypto investment. Buying low and selling high is
not as easy as imagined, it needs good analytical skills to be able to carry out this strategy. Many newbies try to use the strategy of buying
low and selling high but end up losing money. My advice is just buy one or two popular and high volume coins at current prices, and wait until
the price rises at least 5% of the price we buy, do it over and over again. I am sure that in a month, you can profit up to 20%.

[dansus021]

 i buy some altcoin back in the days and try to sell high (basic trading) and 4 month or so the price of the coin like rainfall im not giving up or try to cut loss and boom i got the profit  and i don't think is noob i do it for my self hahha

and the coin for it try BTC with fiat pair or the stable coin like USDT or other and you can try coin with good marketcap you can looking on coinmarketcap.com or coingecko

[coolcoinz]

I'll tell you what this thread remind me of. It's like those threads in gambling discussion where people ask if it's easy to make money gambling because they're baginers and would like to wager a bit. If you're a beginner your chances of buying low and selling high on the market are comparable to your chances of betting and wining. It's the same kind of gamble because it's not you who is in control but other traders.

[Ridwan Fauzi]

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

You have to learn more, in fact you don't even know when you have to buy the coin right? Or what coin that should you buy to start as a newbie. There are a lot of crypto currency, you can check on https://coinmarketcap.com/ and you have to choose one or two to store your money.

These coins will have different function, will have different price also you have to know that not all those coins are good to store your money. You may have to analyst one by one and pick based on your criteria. It will be hard thing to do and you have to spend more time to do that.

[Reatim]

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

Know what?since you mentioned of studying crypto for a while and wanted to invest here?then better learn at your own risk mate.

Most of the post you'll get here are either coins in their wallets or holding,and others are just Posting BS just to qualify for their counts.

Better buy the currency that you have researched and has  deep learning so if ever the coins fell badly you can afford to wait and hold because you trust that certain coin.

For beginners I recommend buying 10 large coins on marketcap. It's easy to find buy low and sell high moments

You have not asked Him what is the purpose of investing?if he is for Long term or day trading/

[ChrisPop]

Buying low and selling high is a very simplistic view, but it helps you to stick with the purpose of trading. You need to ask yourself what is low and what is high. A support zone could mean a low for some traders while for others could be still too high to buy. That's why you need to have a well defined strategy to approach and be consistent to it.  If not, you will find yourself in a rollercoaster of disappointment, excitement and overall in an emotional turmoil.

[Mr.sprin]

all traders want this to buy at a cheap price and sell at a high price, it is necessary to know that to get something like that requires a good experience, I recommend buying Ethereum coins now because the Ethereum coins that I know at the end of the year have increased prices and you will get it to buy at a low price and sell at a high price.

[DarkDays]

My idea was to start buying low and selling high.

This is the fundamental idea everybody has before even considering what to buy, so the fact that you're thinking the obvious is a good start 
However, sometimes you need to be very clear what exactly you mean by that as there will be times where you often don't know when the low/high it is, but you'll get to learn this with time.

Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Everybody has their own favourites, but I think to be safer it is best to start off with crypto that has been in the game for a while. By this I mean that it would be less risky if you was to stick to BTC and its closers derivatives like Monero, Ethereum, Litecoin as the tendency of these to do well is for sure higher than any other alts where you have no idea how they're going to react to market changes.

[Fredomago]

all traders want this to buy at a cheap price and sell at a high price, it is necessary to know that to get something like that requires a good experienced.

Experienced will dictates you how to react when market moves, that mentalities to buy lo and sell high is always the intentions of everyone inside this business.

You always wanted to earned from your investment and it won't happened that quick or that easy everything needs to be learned as you go further experienced will be your tool.

I recommend buying Ethereum coins now because the Ethereum coins that I know at the end of the year have increased prices and you will get it to buy at a low price and sell at a high price.

Buy coin/s whenever you are fully aware of the development, if you are anticipating good updates
then probably the chance of selling it with the high value always be there, you just need to start
researching and studying every events from your supported projects.

[Xembin]

I think the season is not over yet to buy low and sell high in the market. Many people still find it difficult to understand the season to purchase low in the market and start waiting for the price to go up to supply to market .
Every investors want to release their coins to market when the price goes up for them to make a good profit from their supply
Bitcoin is pumping right now which many people are releasing their coins to market to make a good reward from the project they bought low in the market.

[Casdinyard]

Start with bitcoin. It's always the safest option for the newbies who are trying to test the waters of cryptocurrencies.
You will never go wrong with bitcoin. Before you test other cryptocurrencies and mostly those that you have never heard of, try first bitcoin.

Many people in this industry might started with Bitcoin as an investment more than those who are have started in altcoins and ICO projects, I think. I do want to also recommend this, then look for what would suit you well, whether it is long term or short term holding.

In such way you would be able to diversify your investment to generate more profit if ever. There are cryptos which would be profitable in short term investment and also for long term. Deep market analysis is therefore needed. You don't have to rely to other people's opinion and you better not. Go with what you think will be best for your investment, that's your capital in the first place. This will avoid further regrets with your decision and if you will be wrong at first, then do not be too hard to yourself and use what you will learn to grow.

[Viscore]

Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.

Thanks in advance!

I thought that you are ready for an idea as well and know what coin you have a plan to invest as you study crypto. You are right about "buying low and selling high" which is a genuine practice for all, and it is really effective. What I can suggest for you is to focus only for Bitcoin. Of course, you can make investment with the leading altcoins but thiniing about the profitability rate that Bitcoin can possible provide to us is a huge consideration to choose.

And one last thing is that, keep knowing what you are actually doing. It is best for us if we certainly know what we are doing because this helps us to be guided and reach our goal.

[ampu]

The cryptocurrency market is more difficult to speculate than other markets. They are heavily influenced by news and low trading volume, the above two factors bring high profit and high risk.
I can't say anything else because it's true. For a newcomer to be careful with your actions and getting started with Bitcoin is the best way.

[Broke@$$Joe]

Buy Low, Sell High it's efficient but the thing is that one must possess the real meaning virtue of Patience.
I'd recommend U to take it slow and not rush yourself into trading immediately, but rather always doing research and keeping up to date.
As for the best Exchange outthere, Id recommend Binance.com.. one of the safest Crypto xchange outhere and the most responsible. Last year Binance was hacked and hackers stole a good wealth
and yet, none of Binance users didn't lost their coins or they'r money, everything was refunded.
Other than that, it's worth mentioning that Binance's trading interface is also very useful and user-friendly, easy to work with.
If U are trying to find any professional trader who sell their works and charting setup , Id recommend U to go take a look at cryptorev.net or youtube channel [ Crypto Revolution ]
If U got money to invest and time to day-trade or make at least 3 trades per week and profit, U should def. take a look at CryptoRev. its very helpful.
I made some money from free trading set ups he gives for free on youtube daily updates, not evewn being part of the group [ VIP ]
I truly believe that guy is legit, ands his channel will only grow more. Life changing money to be made into crypto markets if one is careful and patience not rushing into stuff fast.
Good luck in your journey , and def invest on Bitcoin in long-term goal!
Take care and be careful out there

[xZork]

My idea was to start buying low and selling high.

In all the transactions in the different markets of the world, everyone hopes to buy low and sell high. However, it requires traders to have a lot of knowledge and skills, many investors have spent a lot of effort to be able to do it.

Do you have any preferred currencies to do so?

All currencies in the market have high volatility so you can try to buy low and sell high, the most important thing is that you can choose the exact timing of buying and selling or not.