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Author Topic: Buy Low, Sell High  (Read 3423 times)
ABCD786
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November 17, 2020, 02:23:00 AM
 #81

Buy low, sell high this is a strategy every trader most understand, but we should focus to our greedy mind
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November 17, 2020, 02:35:07 AM
 #82

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.
Because those people mostly use crypto investment as bread and butter thats why they are very particular in every small losses so making a decision is really harder when your capital is what you only have that far.

But of course we must be ready in all circumstances so putting our money in Bitcoin if we are here for years?
we already knew that in any way value of this will surely recover and come back though it may take years sometimes.









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November 17, 2020, 02:54:32 AM
 #83

I think you are only exaggerating something. Most likely new investors are like getting FOMO. They are seeing bitcoin in good market then because of greediness seeing that bull run could happen most people buy to be able to partake in the bull run. High chance that it could happen but there is also chance that bull run could not.
its not an exageration but he was only telling the truth . ive been on the forum for almost 3 years and ive been active on here all the time and im also seeing those comments depending on the price of btc . this wasnt because of fomo all alone because as you can see there was also a low price feedback on his pic . it can be true that most people fomo when btc is rising rapidly into a new level but why no one does that when price gets dumped alot but people often gets scared and will say that they will wait for more dumps .
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November 17, 2020, 03:03:58 AM
 #84

The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay
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November 17, 2020, 05:15:23 AM
 #85

The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay
The fear in my opinion stems from wanting to get more from what they need, they were scared that their measly 1k will be 800 but they want to buy at 16k which does not make sense because you are buying at higher prices yet the same amount of bitcoin. It is not their fault entirely because most of them are playing safe and we all know that cryptocurrency has a volatile nature, I shaped my strategies based on this people's experiences which in my opinion a better way than experiencing it myself.

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November 17, 2020, 06:32:45 AM
 #86


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.
Yes, this is exactly the mentality of the crowd in any financial market. Without the media, the crowd would not dare to buy Bitcoin because they are still in a state of fear. This is also the weak point of the crowd, they always find themselves the best fulcrum of belief and then the whales continue with the Pump game to make the believing crowd easy again.
This also shows discipline and trading planning that is very important. If we don't prepare the worst-case scenarios, we will also be caught up in the swirl of the crowd, and our loss rate will go up to 99.99% Smiley


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November 17, 2020, 10:16:21 AM
 #87

I also heard that when FUDERS said bitcoin would fall and end because at that time the Covid pandemic was in every country, but in fact bitcoin will halving in May 2020 and at that time investors made Hashtags on every social media making people who don't know what is bitcoin asked, "what is bitcoin halving" at that time the price prediction after the halving spread and it made investors even more interested in returning, and I took the opportunity to buy bitcoin even if only a little
Well, rumors and news play a big role. When we understand that we can get caught up in market manipulation. Deep experience and knowledge is needed to survive in this cryptocurrency ecosystem.
Buy low sell high, looks easy to hear, but not that easy to implement. Especially for beginners, how can you determine a low price if you don't have analytical skills? will get worse if only carried away by FOMO, then it turns out to buy at the top and then dump. very sad.
But that's okay, many people learn from mistakes. Provided we want to analyze the previous mistakes and make the lessons for the next opportunity.

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November 17, 2020, 10:29:29 AM
 #88

The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay

The advantage of being ready to take the risk and have a good patience to wait guarantees that you'll be be able to gain higher compensations  in returned, and yes is not a rocket science but a good ability to keep yourself well arranged and your dedications are focus with the best potentials in the long run.  Those who are afraid and keep thinking that it's the venue where you can quickly gained huge amount of profits are mostly loses their money.

Having a good mindset and allowing yourself to assess everything before taking your call builds a strong foundations. Long term holders are ready to buy in any amount and set their targets and keep it that way till it achieved.

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November 17, 2020, 10:39:02 AM
 #89

The future is for those who are ready to take a risk. Some will keep waiting for the dip until bitcoin one day reaches that 100k. This is not rocket science it is plain ability to make a decision on your own and never look back. I know the previous fear of a massive fall in price was what is making people to always wait for the right time but if you are in for a long term investment, you can never go wrong by investing in bitcoin because it is here to stay

It is here to stay and will keep rising. Long term investment is best suitable for Bitcoin holders. The price might look high as of this moment, but this is exactly the same thing people are uttering when Btc was still trading at $1,000 early in 2016, but look how far Btc have come into. Imagine Btc at $16,000 will soon be considered as cheap If it reaches 6 digit figure in the future.

R


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November 17, 2020, 01:05:36 PM
 #90


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 can not see the future clearly, at this point we can only imagine that in the future the price of bitcoin will be more expensive.
at this point we better buy bitcoin rather than waiting for bitcoin to fall more because now the bitcoin market is experiencing a very high price increase lately, if we wait for bitcoin prices to fall and however in the crypto market continues to experience bitcoin price increases, in my opinion we have lost in time.

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November 17, 2020, 01:21:21 PM
 #91

LOL you just follow the trend of mockups that will make you lose a lot of money in a short time
all you need to pay attention to is to determine the right time to buy, that is when your Fomo can follow market trends, but you can benefit by using short-term trading
the golden moment you buy is also when bitcoin has a huge dump and plays long term
that's what i do to get a lot of profit

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November 17, 2020, 02:21:46 PM
 #92


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 can not see the future clearly, at this point we can only imagine that in the future the price of bitcoin will be more expensive.
at this point we better buy bitcoin rather than waiting for bitcoin to fall more because now the bitcoin market is experiencing a very high price increase lately, if we wait for bitcoin prices to fall and however in the crypto market continues to experience bitcoin price increases, in my opinion we have lost in time.
It is really true that we cannot predict the market since we all know that cryptocurrency is volatile in terms of its value, meaning the price is changing as time passes by, when there's transaction happened all around the world, every transaction affects the value. Trading is really a hard way of earning money with cryptocurrency but if you study every important information about it and about the market you can create a solid portfolio that will guide you to avoid losing profit.
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November 17, 2020, 03:03:47 PM
 #93

Practically it is very difficult to Buy low sell high. If anyone knows this secret then he is a successful trader, Buy low sell high is based on Technical and Fundamental knowledge also depends on patience.
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November 17, 2020, 05:37:13 PM
 #94

An important aspect of trading is to make the right decisions at the right time which is not possible in most cases. When the value of a bitcoin starts to fall, most people are not able to analyze exactly how much it will fall. On the other hand, the sudden huge drop in the price of bitcoins has had a negative effect, and most people have lost interest in buying bitcoin at this time due to panic. But when people see Bitcoin hitting a predetermined future price, they come in and get excited to buy it. But in my opinion, it is better to buy at a lower price and sell at a higher price through market analysis, rather than panic or buy out of enthusiasm.

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November 17, 2020, 05:52:57 PM
 #95

That's what happens because they basically buy based on news and trends, if those bad trends and news make people rethink buying when it is obvious they are low value. At the same time they are aware that a potential recovery is coming, but they are still reluctant to buy because they may be worried or wait for lower prices. It is not surprising to me, because buying when the price is pumping is the time when people become FOMO, whereas if one is aware that buying at a high price will cause more concern because a cryptocurency market crash could happen at any time.

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November 17, 2020, 06:21:54 PM
 #96

It requires a lot of patience and control over emotions if one wants to sustain into crypto market especially Bitcoin wherein everyone predicts Bitcoin to cross $100k even when there is a pump of $500 and they are they same people who term Bitcoin as bubble even for slightest downfall, we need to look at the history of Bitcoin in order to understand it's fall and rise instead of predicting just by going through current trend.

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November 17, 2020, 06:58:58 PM
 #97

That's what happens because they basically buy based on news and trends, if those bad trends and news make people rethink buying when it is obvious they are low value. At the same time they are aware that a potential recovery is coming, but they are still reluctant to buy because they may be worried or wait for lower prices. It is not surprising to me, because buying when the price is pumping is the time when people become FOMO, whereas if one is aware that buying at a high price will cause more concern because a cryptocurency market crash could happen at any time.
That is why I don't like to read bad news and negative public misconception about bitcoin, when the price dumped I always have a positive feelings that the price recovery is imminent based on the price history however misleading news from some speculators will always discourage me and cause confusions because some the news are contradictory thus make me to be hesitant and doubtful in buying at that moment when the price is low.
Now I have move on and made up my mind to follow my strategy without any form of external input in form of news that might make or mar my decision to buy or not to buy because of the implication of buying at high.

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November 17, 2020, 09:16:05 PM
 #98

Buy Low and Sell High, this is one of the acceptable techniques to gain profit. Those who buy will always low, but those who sell will lose. Again, those who will sell always at a higher price, but those who will buy will be in crisis. I think it functions as a cycle. Everything is adequate if you pursue a procedure. There will be an equilibrium between those who will buy and those who will sell.

This is the simplest method and strategy to make money on the cryptocurrencies. I think that now many guys, who were not scared to Buy Bitcoin after the crypto winter feel that they are in plus. Some of them sold Bitcoin and made profit already.
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November 17, 2020, 09:27:54 PM
 #99

Buy Low and Sell High, this is one of the acceptable techniques to gain profit. Those who buy will always low, but those who sell will lose. Again, those who will sell always at a higher price, but those who will buy will be in crisis. I think it functions as a cycle. Everything is adequate if you pursue a procedure. There will be an equilibrium between those who will buy and those who will sell.

This is the simplest method and strategy to make money on the cryptocurrencies. I think that now many guys, who were not scared to Buy Bitcoin after the crypto winter feel that they are in plus. Some of them sold Bitcoin and made profit already.
"Simplest method and strategy to make money'?is that right?if this is really simple then surely all of us are richer and profiting?

Tell me how simple to Look which coin is in Lower value and when will this goes up?

It is easy to read and say but if you will go?surely you will be one of those losers.

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November 17, 2020, 11:42:24 PM
 #100

It requires a lot of patience and control over emotions if one wants to sustain into crypto market especially Bitcoin wherein everyone predicts Bitcoin to cross $100k even when there is a pump of $500 and they are they same people who term Bitcoin as bubble even for slightest downfall, we need to look at the history of Bitcoin in order to understand it's fall and rise instead of predicting just by going through current trend.
I am not following anyone who is predicting some crazy valuation but the fact is we had the potential to profit big time if you are able to purchase when the price went down and all you need is the patience to hold for a few years and then you could multiply your asset multiple times and that is always the smart choice to make.
Personally i will not invest in any asset when the market is high.
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