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Author Topic: Buy Low, Sell High  (Read 3435 times)
Cryptomiles1
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December 06, 2020, 07:51:04 PM
 #141

Well same way too, I was asked to predict the three major coin they could buy and I said "Buy bitcoin, Ethereum, Ripple". Telling them to hold for the next 4 months they refused today I was calling to give them another best coin to buy and hold for the next 3 to 4 months. Guess what no answers as they are very greed wanting for the market to more dip.
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December 06, 2020, 08:14:56 PM
 #142

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.

When it comes to capital then no doubt that there would be always an advantage to those who do have much more or bigger capital that they can risk on
compared to those who do have limited or just small amount which would really be giving out that limited movement or trade positions.
With altcoins then you can really play with it but be sure that you do know on how to play with moving prices or else you wont really able
to make that capital of yours to get bigger but instead you would really be on the losing side.Always trade with caution and awareness.
Don't let yourself get too greedy and too impulsive.

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December 07, 2020, 01:22:09 AM
 #143

Not any of us can be completely right about Bitcoin, so am I when Bitcoin goes down $5,000.I think it is down and waiting to buy and now in fact it has $19,367. I do not pay much.
people who believe in bitcoin when the price has gone up are the ones who are the losers.  They only realize when the price of bitcoin goes up and it's time to sell, not buy it.  When the price goes down they don't trust bitcoin and leave it.  A falling price is a time to buy, not the other way around.  People who always panic when the price of bitcoin drops will sell cheap and buy it again at a high price.  Cryptocurrency is very risky for such a person.  Don't waste your money.

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December 07, 2020, 01:58:15 AM
 #144

Before only a few people appreciate the use of bitcoin some of them ignore because it might be a scam in future today due to the increase in the market price of it there are a lot of people encourage to make an investment as you can see the market today does not have too many changes on its volume some of the reason is those people who already pull out their funds due to losing a large amount because they make an investment already on the wrong timing this is the common mistakes of the newbies who would like to make a profit easily with the market they don't have any kind of prior knowledge just to support their funds and prevent holding for a long time.
Still, it's better to follow the buy low and sell high perspective IMHO.

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December 07, 2020, 03:10:47 AM
 #145

Investing in Bitcoin is not as easy as imagined, most people think to get profit from Bitcoin with the buy low and sell high method.
But its application is not simple, requires skills and knowledge in order to determine the purchase / sale price. Sometimes we miss
the moment to buy Bitcoin when it drops to $ 5000, only a few people dare to buy Bitcoin. And not a few also miss the opportunity
for Bitcoin to be sold at high prices, because most people are greedy and hope to get big profits, finally delaying the take profit.

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December 07, 2020, 03:30:17 AM
 #146

Yes, it is really hard to determine the sale price, i was thinking in $25k. But now I think i am going to wait a year, until dec 2021, and decide then
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December 07, 2020, 04:21:45 AM
 #147


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.
And that is practically a reason that we shouldn't be greedy. We must have set our target price here. If it happens we saw an opportunity to buy Bitcoin at a cheap price then accumulate and don't wait for it to go even lower because we don't know how the market will behave. And this will be also applicable for selling, for the reason you might miss the opportunity if you wait for more longer. Actually, it doesn't matter IMO, it doesn't matter that much what price you will buy because in the end Bitcoin keeps growing and growing anyway, profit is still certain so there's no reason for you to wait for Bitcoin to hit the lowest price.



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December 07, 2020, 05:35:38 AM
 #148

Well the sad reality is that when the price of the bitcoin fall down some people didnt wanted to buy because they wanted to be sure about the profit, some people believe that bitcoin will rise up high and they buy it in a low price that is why they earn big than to those people that who only believe when it is already rising.

It's up to your own assessment, if you believe that your observation will bring you good earnings then buying while value still low is the right thing

to do, then it's waiting time depends from how much you set your target. Buying low and selling high relied with how you believe and trust this

market, there's always good potential if you understand the value of your investment.
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December 07, 2020, 06:46:07 AM
 #149

Yes, that's right, it's just enough to wait 8 months to get bigger profits, bitcoin has been running for about 12 years, I'm sure it will run for the next 20 years, that's why we should never miss our opportunity, buy cheap and wait the next few years, increase your patience in owning bitcoin assets, that's the most important key. bitcoin could go down and up in 2021, that's all nobody knows. it could be as high as $ 25k in bitcoin price  Grin

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December 07, 2020, 07:04:09 AM
 #150

that's only due to volatility of cryptocurrency and its always smart to trust your own experience and situation. When btc was at $200 people could never think we would see almost $20k but its here and those who were patient reaped the reward. Most people don't have $3k just lying around to invest in cryptocurrency so any decision you make should make sense to your own financial situation before you take the risk. It's not very easy to predict the price unless you are an expert, even they are always wrong.

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December 07, 2020, 07:04:49 AM
 #151

Well we cannot hold the fact that people last march is very scared and feared of losing their hard-earned funds seeing that bitcoin and the market is really in its devastating fall down. But still I commend how every those who are really eager to invest with bitcoin even seeing its price/value goes down because I definitely and confidently say that they earned a good profit. Still, you believe in the crypto saying "buy low, sell high" you will definitely prosper.

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December 07, 2020, 07:23:15 AM
 #152

Newbies just psychology cant buy anything on lows. They are waiting for hype and thats why they like to buy everything on hights

Newbies without money cannot buy in low but the newbie who have enough money a d study Bitcoin potential can afford to buy in low. Not all newbie are the same status in life, money and ability to foresee what is the future ahead. Also the investment is not just for professional or what we so called seniors in cryptocurrency investment.

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December 07, 2020, 07:37:14 AM
 #153

Newbies just psychology cant buy anything on lows. They are waiting for hype and thats why they like to buy everything on hights

Newbies without money cannot buy in low but the newbie who have enough money a d study Bitcoin potential can afford to buy in low. Not all newbie are the same status in life, money and ability to foresee what is the future ahead. Also the investment is not just for professional or what we so called seniors in cryptocurrency investment.
What kind of Newbie?a Newbie that wanted to invest Money in crypto.

or newbie that wanted to Join Bounty to Gain crypto..They are both newbie but has different plans,But they Both wanted to have crypto in their Hands.

Those Newbie that looking for Timing to invest are those people in which means Business.

While those newbie that Hunting in bounty wanted to Invest their time and effort to accumulate crypto,
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December 07, 2020, 12:57:27 PM
 #154

In my opinion, buy low and sell high is a basic strategy that is easy for everyone to understand. But to run it is sometimes
quite complicated, because the price of Bitcoin is very volatile,  this is one of the reasons it is difficult to determine the buy
and sell price. We do need to have the knowledge to read Bitcoin movements, and have the skills to use various trading indicators.
In order to be able to determine the lowest Bitcoin price to enter the market and the highest Bitcoin price to take profit.

Exactly, every one knows the strategy of Market many say to buy at low and sell at high but no one can predict the price of BTC if it goes up I always see the support and resistance level to predict the price movements and I am happy with my plans as most of the times it works, but still I am afraid to buying high even tough there's high demand. Because I don't want to do aggressive trade, like buying in market price which is extremely risky I will wait till my price comes Cool









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marcous
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December 07, 2020, 02:30:31 PM
 #155

Those who invested on March really have a really good profit now there's always a doubt when the price is low but when the price is high it's full of hopes.
Well that's most of the people thinking most of the time right now most of them are regretting about not investing before when the price is still low.
I'm not quite sure if it is too late now to invest on Bitcoin let's hope not so many people can still invest on it.

Well! that's the market ,, sometimes we need advice to enter the market at the right time.  If you want to buy Bitcoin, please wait for the correction price or, you can allocate your funds to Altcoins if you feel the opportunity to enter Bitcoin is too high. Dont forget alt session will come as well

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December 07, 2020, 03:37:56 PM
 #156

Buy low, sell high is what we always do in trading but sometimes it's difficult to predict the movement of bitcoin and other currency. Lucky are those who bought bitcoin during it's downtrend last March and now they can earn bigger if they sell now. But, if you know how to play the market, you can still earn profit in a short period of time even a little.

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December 07, 2020, 03:59:37 PM
 #157

Buy low, sell high is what we always do in trading but sometimes it's difficult to predict the movement of bitcoin and other currency. Lucky are those who bought bitcoin during it's downtrend last March and now they can earn bigger if they sell now. But, if you know how to play the market, you can still earn profit in a short period of time even a little.
Unfortunately, the people who were lucky to buy low last March were not in large numbers, because at the same time chaos and crisis were occurring. So, I'm sure those who realized and dared to buy at the bottom at that time were only a few people, because of the concern about the situation most people would doubt the potential of bitcoin itself. Things and cases like this should be realized by many investors and holders, because buying at the right time will certainly provide better returns when compared to buying Fomo.

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December 07, 2020, 04:17:09 PM
 #158

Sounds really ironic but its the truth about humans. People had been too complacent during that time where Bitcoin's price is just so low. Absolutely that people now has full of regrets and too envious to those who cared to buy during the month of March. Ain't there so lucky enough to buy those Bitcoins at a lower price and if they hold it until now...indeed, a huge profits they can get. Who would have thought that Bitcoin's price would spike much higher now? Well, no one could predict it and in my opinion, its movement in the market will continue to amazed us.
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December 07, 2020, 04:29:32 PM
 #159

Those who invested on March really have a really good profit now there's always a doubt when the price is low but when the price is high it's full of hopes.
Well that's most of the people thinking most of the time right now most of them are regretting about not investing before when the price is still low.
I'm not quite sure if it is too late now to invest on Bitcoin let's hope not so many people can still invest on it.

Well! that's the market ,, sometimes we need advice to enter the market at the right time.  If you want to buy Bitcoin, please wait for the correction price or, you can allocate your funds to Altcoins if you feel the opportunity to enter Bitcoin is too high. Dont forget alt session will come as well
I wouldn't advise anyone to enter into the cryptocurrency market when the market start bullish, this has ruined millions of investment in this industry. Investors should be guided with this little piece of advise, that, whenever there is bullish that shows that it's wrong point of entry, the correctional time for such bullish movement is the perfect time to enter in order to minimize risk and to maximize profit. 

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December 07, 2020, 05:24:42 PM
 #160

People buy bitcoin actually when the price is good or highest value of the coin so mostly of them are not earning money or sometimes they lost their funds. Only people who are taking and believe to the bitcoin will get a good profit and that is the result to those invested when the price is low. But maybe they think on that day the price will down more so they wait but what happen is opposite because value is rising so they are losing the opportunity to earn profit.
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