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Author Topic: Buy Low, Sell High  (Read 3484 times)
Axelseseclevz
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November 19, 2020, 03:54:58 PM
 #121

 Bitcoin is too expensive now. It reached $18K last day and those who bought bitcoin during dump last march and hold will surely gain a lot of profit. They are so lucky, unlike me, I didn't hold because I have no enough capital to buy big amount of bitcoin to hold.

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November 19, 2020, 04:44:35 PM
 #122

Greed is what all humans are born with only few are able to control it, most people are predicting a new ATH for BTC which most are not even sure of but with the current market situation only time can tell if we are going to have it soon.
We are all humans with humanly errors from birth, greediness in humans can't be over emphasis becasue they will be hoping for another All time high at the moments; maybe won't surface till 2021 and they are likely to ruin their investment of be greedy in process. There are some that has started taking out their profits from the market while others keep hoping for another highs before they take profits, if the market collapse then their investment will definitely do. 
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November 19, 2020, 05:08:50 PM
 #123

Many bitcoin users never still understand, when to buy to make a good income from the market. Some are still finding it difficult to understand when to buy in the market for them to make a good profit . When the price is low show, as a business man or woman you can buy and wait for the market to increase before you can sell in the market to make a good profit.
Sell high, when the market price is increasing, show that there are few supplier in the market,where you can sell high to make a good profit for the period of increasimg which will help you to  make a good profit from your investment.

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November 19, 2020, 05:16:16 PM
 #124

Greed is what all humans are born with only few are able to control it, most people are predicting a new ATH for BTC which most are not even sure of but with the current market situation only time can tell if we are going to have it soon.

People would keep presuming and we know that this is a speculative market this is why there are people would neither be bullish or bearish with it and some will be just on neutral side
where they do observe on how the market moves.

Greed is there and it would really be triggered when you do saw that the market is going up.When it comes to control then this will vary into each everyone because not
all would really have the same level when it comes to self control.

Buy low and sell high is pretty basic but doing it on  the actual situation is the hardest part.

Gotumoot
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November 19, 2020, 05:19:45 PM
 #125

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.
We could say that it is similar to human nobody wants you on your worst but everybody loves you when your at your best.
Only few would remain loyal to you on your worst time but when you are doing great everybody acknowledge you.
But I don't believe that we would see a six digit soon maybe a couple more years but even if we are having a great time right now BTC flying high I don't think that it would be enough to make it happen.
usekevin
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November 19, 2020, 06:54:01 PM
 #126

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

While comparing the March and November price,nearly four times variation.By this volatile in nature,bitcoin was unique from other cryptocurrency.And we should buy at low price and sell at high price.This was hidden rule behind the trading of crypto currency.So it's best time to sell and not to buy bitcoin.

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November 19, 2020, 07:10:51 PM
 #127

In this season we are is good for anyone to sell, since bitcoin is still rising in the market show that,this is the time to sell and make a good profit since the bitcoin price is high in the market. Buy when the price is low and wait for the market to change for your wish,  before you can sell and make a good profit. This is not the time to buy because the price is still high in the market which is not good for anyone to buy, if he or she want to make a good profit from the market.

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November 20, 2020, 06:59:51 PM
 #128

I really wanted to buy Bitcoin back then when it was in dip, unfortunately, I haven't enough money to buy. The opportunity to buy when dip is for everybody who has money that day. They will filled their bags with Bitcoins knowing btc will increase again on its perfect time. This is the kinda coin to hold that give you much profit.
You already miss dip for buy bitcoin. In fact, even a few months ago, the price of bitcoin was cheap and i think you failed to catch that time. I think this is the gainer time where bitcoin gave a surprise gift in 2017 and the price has gone up again this year over the years. However i still can't say how long the price of bitcoin will continue to rise, but i think it could take a break very soon.
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November 20, 2020, 07:09:00 PM
 #129

Its always a bad decision to buy high whatever the currency and personally i didnt do this so far
Always when the bitcoin price is low the treu believers of bitcoin expect a recover and many of them always bought bitcoin at low price.
k@suy
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November 20, 2020, 08:28:40 PM
 #130

In this season we are is good for anyone to sell, since bitcoin is still rising in the market show that,this is the time to sell and make a good profit since the bitcoin price is high in the market. Buy when the price is low and wait for the market to change for your wish,  before you can sell and make a good profit. This is not the time to buy because the price is still high in the market which is not good for anyone to buy, if he or she want to make a good profit from the market.
I think you are wrong, these days if you are having bitcoin, it is better if you hold it rather than sell it, we believe that bitcoin will continue to grow and pump in the next few days, and if you are a bitcoin fanatic for years you already know that during these months bitcoin is really increasing, it is bullish month for bitcoin, wait for Q1 next year before selling, or wait for January to February, I think these month we can see the new ATH of Bitcoin, then this is the best time to sell.
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November 20, 2020, 10:37:51 PM
 #131

Its always a bad decision to buy high whatever the currency and personally i didnt do this so far
Always when the bitcoin price is low the treu believers of bitcoin expect a recover and many of them always bought bitcoin at low price.
That's bad for small players who want to trade in bitcoin and most people maybe prefer to trade in another altcoin instead of bitcoin, but for the true hodlers it does not matter they will buy it as they can even in high prices situation.
Mike Mayor
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November 20, 2020, 10:55:24 PM
 #132

So ridiculous how greedy people are sometimes. But it does make, making profit easier if you see when people are following trends and you take advatage and sell just before everyone else. You can do this with other projects coins and tokens as well. Just in time for Xmas. But if you only here to catch the waves you are here for the wrong reason.

Wulan_maniez
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November 20, 2020, 11:09:42 PM
 #133

That’s what bitcoin is unique to, we can’t predict that. In March, when bitcoin was in the depths of the price, most people predicted bitcoin would be destroyed so people wouldn’t buy it. Because the price is deep. However, it was unexpected that bitcoin was back on the move, bringing fresh hope to people by increasing its price far above.
The situation is now making people believe again in bitcoin and vying to buy it even though the price is already high. Because it’s possible, that bitcoin will continue to rise in price.  I don’t think it’s greedy if they buy it at the price now. It’s just a matter of trust. They bought it because they already believed in bitcoin.
So one’s perception varies.

/font]
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November 20, 2020, 11:14:19 PM
 #134

Buy low sell high, For a long term investment, it may work.
But how if it is for the short term investment?
I ever apply this way, buy low and need to sell high but in fact, the price goes down and down again and again. More than 7 months and the price is not going up, decreased by more than 70%  Grin

There are some ways of this kind of condition, to do "cut loss". and I late to know about that.

And about the long term investment, it will really work as what we have seen until now, the price of BTC bought in 2018 increased multiple times if sold right now, moreover if it reaches the ATH

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November 20, 2020, 11:19:16 PM
 #135

Its always a bad decision to buy high whatever the currency and personally i didnt do this so far
Always when the bitcoin price is low the treu believers of bitcoin expect a recover and many of them always bought bitcoin at low price.
That's bad for small players who want to trade in bitcoin and most people maybe prefer to trade in another altcoin instead of bitcoin, but for the true hodlers it does not matter they will buy it as they can even in high prices situation.

It's the small players who end up losing their investment just like it happened last time since the fluctuations doesn't really matter for long term investors but small players make mistake of panic selling because thier situation and let's not forget those who have already invested during the last ATH are still waiting for price to cross last ATH.


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November 20, 2020, 11:23:01 PM
 #136

Greed is what all humans are born with only few are able to control it, most people are predicting a new ATH for BTC which most are not even sure of but with the current market situation only time can tell if we are going to have it soon.
Even that is normal in human, it should be handled carefully because trust me greediness will only bring you misfortune. I lost so many money in trading because of greediness, instead that I already get my investment, it turns out all in bubble and nothing left me, so every time that I earn something, I already take my profit. just in case that the price might goes down like last time. it should be a lesson for me so when your coin becomes high as much as 50% from your initial price, I suggest to TP.
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November 22, 2020, 04:11:22 PM
 #137

~snip~
There are some ways of this kind of condition, to do "cut loss". and I late to know about that.

And about the long term investment, it will really work as what we have seen until now, the price of BTC bought in 2018 increased multiple times if sold right now, moreover if it reaches the ATH
It looks like you need to plan everything to reduce the risk of big losses or unexpected market conditions. For example, like placing a stop los 10% of your capital (depending on your decision), buy in stages. Then regarding BTC investment in 2018 you are right but in my opinion this will be difficult to do, you must have a strong mentality to hold it until now. But I think few people have the mentality to last long enough.
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November 22, 2020, 05:05:48 PM
 #138

I think many people also get confused with all the emotions that are associated with trading so they forget what timeframe they're in. As a rule of thumb I suggest you to decide what hat are you wearing. Are you an investor who is looking for long-term gains, a swing-trader, a day-trader or a scalper? It's best to not wander around these "hats" especially when you don't have years of experience under your belt. Take your schedule and personality into account when deciding Wink
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November 22, 2020, 05:51:51 PM
 #139

Its always a bad decision to buy high whatever the currency and personally i didnt do this so far
Always when the bitcoin price is low the treu believers of bitcoin expect a recover and many of them always bought bitcoin at low price.
That's bad for small players who want to trade in bitcoin and most people maybe prefer to trade in another altcoin instead of bitcoin, but for the true hodlers it does not matter they will buy it as they can even in high prices situation.

Capital certainly affects me, agree with my friend, that those who have capital to stay on bitcoin will not be a problem because especially now that the price is quite high and requires proper analysis to determine whether to buy or keep existing ones. for small players, maybe it will always play in altcoins which are also not bad and can still be profitable. only a moment is left when to buy and sell because prices are always changing quickly and need analysis so you don't take the wrong move.

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November 22, 2020, 06:24:42 PM
 #140

Any marketer, who want to do well in his market must try to understand when to buy and when to sell in the market. Now that bitcoin is still rising in the market, show it is time to release coins to market to make a good profit. When the price of bitcoin is reducing in the market, show it is time to buy in the exchange market to enable you sell high when the price increase .

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