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Author Topic: Buy Low, Sell High  (Read 1944 times)
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November 17, 2020, 11:42:24 PM
 #101

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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November 17, 2020, 11:47:39 PM
 #102

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.

You're right! Impatient people can gain loses instead of profit. Investing in bitcoin or any crypto currency is always full of risk, if you don't have a good mindset then it will not bring you in any success.

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November 17, 2020, 11:49:05 PM
 #103

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.

It is really hard to tell whether it is the time that it is low or if it is the time where it is high. We all know that the market is so volatile so we don't know what will happen and we can't actually predict everything 100%. All we can do is to be patient and move accordingly to the price that we are seeing or based on what we think will happen beforehand.

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November 18, 2020, 06:42:50 AM
 #104

I am happy to see a price like this and I bought Bitcoin a few months ago even though I didn't buy much but now I have enjoyed the results of my investment at that time, indeed many people don't believe that Bitcoin will grow and they think the Bitcoin price will stop and fall so those who think like that will regret it. I see the Bitcoin price will continue to grow into 2021 so for that reason, hold on to the Bitcoin you have until the time comes to give you a big profit.
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November 18, 2020, 03:02:36 PM
 #105

That’s their business.As for me, that has always been my motto; buying low and selling high. I don’t have time to be looking at some predictions that some people likes to make. Although I already bought some cryptocurrencies before the coronavirus and economy fall, I still bought some bitcoins when the Covid-19 started and the price of so many assets fell. That’s because I knew that no matter what, there is still going to be an uptrend later, and that’s what’s happening now.

Some people like to make some dumb analysis, once price starts going down they will start predicting $1k, and when it starts going up again, they will start predicting $500k.

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November 18, 2020, 03:36:09 PM
 #106

After March 2020 it was turning back and the price began to be in the top for once more. Specially after paypal announcement the bitcoin demand increase a lot.But overall this is crypto volume ups and downs are very natural here. But it has time now to fall .it has come back with a blust.

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November 18, 2020, 03:47:09 PM
 #107

Easy to say but you would need to endure all of the stress and patience would really be mainly tested out.Its easy for that buy low sell high but the thing you had mentioned
which had been part of the reality where people do opposite thing instead.

People do should have that readiness and risk taking decisions because it isn't really easy to accumulate or buy coins when the market is on deep reds.
Even myself would still hesitate on times like these even though im already old into this market or have been in a while.

Most basic but really hard to be done when you are in the actual situation.
It's easy to say, but we also have to learn from experiences that have happened before. High levels of stress and uncertainty will actually be tested. Therefore, it is necessary to study technical analysis and fundamentals to determine the right target so that ridiculous things that will harm are not happened. when the real situation is we only need to stick to the strategy and analysis that we have previously made. don't panic too much in taking every action.

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November 18, 2020, 04:56:19 PM
 #108

This is the strategy many investors never still understand in the area of investment. The season we are now is the season to sell,for every investors to make a good profit since the price of bitcoin is still rising in the market since will came out from pandemic where many people where guessing that bitcoin will dump before pandemic over in the country, that is still making bitcoin increasing every day by day in the market. Many are still holding their coin, hoping that bitcoin will reach $20 before we enter 2021 which bitcoin is unpredictable, it can dump at anytime or any day, that is why is a decentralized currency.
This is not the season to buy if truly you want to make a good profit from bitcoin, it is good to buy when the price is low it will enable you to make a good income from your investment.

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November 18, 2020, 06:17:26 PM
 #109

At least I still continue to consider the future prospects of Bitcoin in the near future, in terms of the impact of halving, given the historical figures of halving in 2012 and 2016. In addition, it is necessary to take into account the external circumstances that make up the impact of the pandemic and the state of the stock market, as well as the depreciation of national currencies due to the crisis. More than enough to date to anticipate further Bitcoin growth.

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November 18, 2020, 06:28:03 PM
 #110

Many that bought coins low before pandemic really make a good profit during the pandemic which price was increasing every day in the market that is still making other investors have interest on bitcoin just because of the pumping through out of the pandemic. The best way to make a good profit is to buy low in the market and watch when the market will rise up  for you to sell and make a good profit.
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November 18, 2020, 07:37:26 PM
 #111

lucky those who invested in April, and now can laugh out loud because they get a lot of profits. I myself feel sorry for not setting aside money to buy a little bitcoin and hold it, I think if you buy at the current price, it's too late and only a loss to be gained.  this is the peak of bitcoin. and it will come back down

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November 18, 2020, 07:39:18 PM
 #112

ah who would do it remember when it was $20K they all thought it will go even higher

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November 18, 2020, 07:54:36 PM
 #113

In fact, there are uncertain links where investors think that bitcoin has less roots now, so it may take a long time for it to grow so they don't want to buy. Then when the price of bitcoin rises sharply, they think that the core array of bitcoin will increase in the coming days. Most of all, I can say that this happens more often with new investors because they have less knowledge on trading and bitcoin.

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November 19, 2020, 08:11:07 AM
 #114

Bitcoin is a movement digital assets which many people are not understand the right time to invest, just take a look of the current price of bitcoin $18,000 plus on the month of September 2020, and can't compare the price early this year @ $6000 which has given a good investment return. That invest on the right time.
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November 19, 2020, 08:42:15 AM
 #115

Bitcoin is a movement digital assets which many people are not understand the right time to invest, just take a look of the current price of bitcoin $18,000 plus on the month of September 2020, and can't compare the price early this year @ $6000 which has given a good investment return. That invest on the right time.
Yes, looks like healthy selling and buying to me. However, if you guys think we're going to continue without any correction simply will be a big mistake. It happens as it's part of the game but in the long haul bitcoin will be a good investment.
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November 19, 2020, 09:09:31 AM
 #116

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.
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November 19, 2020, 10:49:16 AM
 #117

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.
The current bull market will indicate you to buy low and sell high and everyone is looking to get some profit of investing money in Bitcoin. This is the tendency we are going with that you should buy less and sell high. It is good but expecting everytime to get profit may not come. So overall patience is needed in trading 🙂

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November 19, 2020, 11:16:29 AM
 #118

Those who have invested in March-April this year have been able to make huge profits. You can never determine the low of Bitcoin. so I think when you get the money, it is better to invest in Bitcoin. Maybe what looks high now, will be looked low in a few days later.


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skarais
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November 19, 2020, 12:11:57 PM
 #119

Those who have invested in March-April this year have been able to make huge profits. You can never determine the low of Bitcoin. so I think when you get the money, it is better to invest in Bitcoin. Maybe what looks high now, will be looked low in a few days later.
This is bitcoin, really there is no certainty with a very volatile price. It is difficult to predict the price and it is a very risky thing. We can still invest and accept all the risk that exist just because we believe this asset has the potential for profit. Nobody know today's price is the highest price, because it will be the lowest if the price continues to rise.

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November 19, 2020, 01:47:50 PM
 #120

People always want assurance but they're afraid to take the risks. They always seek reasons to buy and to sell. Trading and investing are about taking the risks based on how we understand the market flow but others rely on the hype which results in regrets later on.
People don't want to take risks, but they want huge income in return, sadly it doesn't work that way, you can't just expect every investment to be a 100%,everything we do in life involves risks, and only the risks takers earn good profits, same thing goes for this crypto sphere only riskers earn more, imagine taking the risk and buy when the price dipped to about $4,000 by March, and now it's about $17k+, imagine the amount of profits you would have earn Smiley.

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