Can you really 'Sell High and Buy Low' in this 2020 BITCOIN Bull Run?

[btc78]

Is it really possible to 'Sell High and Buy Low' in this bull run?

First I sold some at 19600 hoping it will pull back before crossing 20k and I will buy back at 'LOW'. It never pulled back. 

Then I sold some again at $25k milestone, hoping that it will pull back which never did.  I then sold some at $25800 hoping it will pull back before going further. And again it never pulled back.  BITCOIN is just going ATH after ATH.  BTC is setting new ATH every day, if not every hour    I stopped selling now 

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low'

No its not that is why the very important thing is how we can manage to Stay holding When the Run starts because this will bring us no chance to profit in bullying market like what Happen last december to early January .

How can you Buy and sell when the price continue climbing and no Big correction happens until mid of January comes.

Bitcoin already reached it's new ATH this in 2020. Now 2021 will bring new ath and this time $60-$70k is possible.

Wrong, Have you Check the market? Bitcoin reached the ATH in January this year and not in 2020 , Simple checking can show you the answer

All Time High
Jan 08, 2021 (16 days ago)
$41,941.56

[1714678603]

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[globalpain]

Is it really possible to 'Sell High and Buy Low' in this bull run?

In reality, we cannot predict the top and bottom of the market. It is only the game of probabilities which can be predicted from technical analysis but even the most experienced trader cannot sell right at the top. The best thing is to continue to take profits while the price is moving up so that we are in overall profit.

if greed is far from trading there will be no word about Sell High, Sell high applies when buying at the bottom has been successful,
and an increase occurs then that is success too, if greed controls oneself, then Sell High will never be satisfied.
do not let greed come when trading, then your strategy will be broken.

[buwaytress]

A bit of a redundant question to ask, since this is speculation markets. That's all you do. More possible with Bitcoin more often than any other type of asset, really.

Just looking back a month ago. Possible to buy at 19k. And then sell at 43k. And then buy back yesterday at 28k. Tell me where else do you find such opportunities?

[error08]

Is it really possible to 'Sell High and Buy Low' in this bull run?

In reality, we cannot predict the top and bottom of the market. It is only the game of probabilities which can be predicted from technical analysis but even the most experienced trader cannot sell right at the top. The best thing is to continue to take profits while the price is moving up so that we are in overall profit.

if greed is far from trading there will be no word about Sell High, Sell high applies when buying at the bottom has been successful,
and an increase occurs then that is success too, if greed controls oneself, then Sell High will never be satisfied.
do not let greed come when trading, then your strategy will be broken.

That's one of the strategies in trading, sell at the peak, everyone wants a lower orice as entry-level and always aiming for the biggest profit that we can earn, although in the process hard to predict it correctly all the time, yet greed could lead to months or years of waiting in order to get a higher price, not a bad thing though.

[nelson4lov]

Bitcoin already reached it's new ATH this in 2020. Now 2021 will bring new ath and this time $60-$70k is possible.

Do you have any analysis to back up your prediction? Or it's pure speculation because of the recent fomo happening in bitcoin in this bull market? That price range is two times the current price. Bitcoin's marketcap too will doubled if that happens. I don't know where the market is heading next.

(...) everyone wants a lower price as entry-level and always aiming for the biggest profit that we can earn,

~Snipped

Even when the dip comes like when bitcoin fell to sub 3k levels in 2020 or other times in 2018-2019 when the market was super bearish, nobody was ready to invest in bitcoin. The story is different now as everyone wants a piece of the cake at all cost but end up buying high to sell low.

[speedforce]

Bitcoin already reached it's new ATH this in 2020. Now 2021 will bring new ath and this time $60-$70k is possible.

Its possible, but we need some good news to make its happen. Also, more correction first seems more realistic to be happen before another ATH happen. My target is 50k at Q3 of this year.

[Sebas.tian]

We can 'buy low and sell high' if only we understand the time we ought to buy, sometimes most of us buy from the wrong timing which sometimes lead to loss. Even in 2021 we should learn the right time to buy from the dip than to buy in the wrong timing. The case is now different from the past becasue everyone is now interested in holding some bag in bitcoin.

[zeuner]

Is it really possible to 'Sell High and Buy Low' in this bull run?

Sure. When people want to buy low, they tend to spread some FUD: https://finance.yahoo.com/news/bitcoin-double-spend-never-happened-210834555.html

[n0ne]

Sell high and buy low is possible, but this will be profiting mostly the users with high volume of crypto holdings. The goodness of cryptocurrencies is the volatility. This happens regularly, so buying low and sell high is possible. Here we need to set a small difference between the buying and selling. This helps in consecutive completion of orders and grab an average profit. With small scale trading we can't practice or give a try.

[hahay]

There are patterns and candles moving in the chart at least you should be aware of them before deciding to sell, if you sell while the pump is happening then obviously you will not get the lower price to buy. If the price is in an upward condition throughout the day then I'm not sure there will be a rapid decline on the same day and even the next day, the movements in the chart can at least be a reference for us to get a better time to buy and sell, be patient.

[Argoo]

Is it really possible to 'Sell High and Buy Low' in this bull run?

First I sold some at 19600 hoping it will pull back before crossing 20k and I will buy back at 'LOW'. It never pulled back. 

Then I sold some again at $25k milestone, hoping that it will pull back which never did.  I then sold some at $25800 hoping it will pull back before going further. And again it never pulled back.  BITCOIN is just going ATH after ATH.  BTC is setting new ATH every day, if not every hour    I stopped selling now 

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low'

The same thing happened for me with ethereum. I began to partially sell it as the price rose, believing that it would fall after a while and was guided by the bitcoin price. However, this did not happen. Surely many did the same, because it was logical. But the cryptocurrency market is too unpredictable. Therefore, it is very difficult to sell high and buy cheap on it. I think that we all very often lose lost profits. The main thing is not to suffer direct losses.

[magneto]

Is it really possible to 'Sell High and Buy Low' in this bull run?

First I sold some at 19600 hoping it will pull back before crossing 20k and I will buy back at 'LOW'. It never pulled back. 

Then I sold some again at $25k milestone, hoping that it will pull back which never did.  I then sold some at $25800 hoping it will pull back before going further. And again it never pulled back.  BITCOIN is just going ATH after ATH.  BTC is setting new ATH every day, if not every hour    I stopped selling now 

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low'

This is the reason why I think timing the market is completely futile.

It's hard enough to try to time peaks and troughs in a normal market, let alone in a time where market participants are all irrationally geared towards FOMOing.

And this actually screws up your mindset, believe it or not. Once you sell off your position and fail to get back in at a lower price, you may be tempted to re-enter your longs at an even higher price.

These are hallmarks for disaster and I would not recommend doing this. Buy low and sell high in the long run, yes. But short term markets are way too volatile for anyone to try to day/swing trade without rigorous quantitative analysis.

[MWesterweele]

Is it really possible to 'Sell High and Buy Low' in this bull run?

In reality, we cannot predict the top and bottom of the market. It is only the game of probabilities which can be predicted from technical analysis but even the most experienced trader cannot sell right at the top. The best thing is to continue to take profits while the price is moving up so that we are in overall profit.

Which is definitely true, the bottom line here was bitcoin was a very volatile currency and expected that anytime its market value may varies in accordance in its demand. Predicted from Technical analysis may be suitable but in reality, as a trader we couldn't sometime follow the mantra of "Sell High and Buy Low" if and even if we really needed to have a profit to be used in sustaining your life needs. But at the moment if you still have the capability to sustain your needs, it is better to take profits, and take advantage about the good market value of bitcoin.

[Untomabur]

It's a shame if 2020 you sell all your portfolios, because the start of the bullrun in 2021,
especially for altcoins, take a look at Ethereum reaching new ATH this year,Dogecoin has also increased by 1000% or 10x in January 2021,
of course this is a good sign, because altcoins are in sight, don't be left behind, buy altcoins

[wheelz1200]

Is it really possible to 'Sell High and Buy Low' in this bull run?

First I sold some at 19600 hoping it will pull back before crossing 20k and I will buy back at 'LOW'. It never pulled back. 

Then I sold some again at $25k milestone, hoping that it will pull back which never did.  I then sold some at $25800 hoping it will pull back before going further. And again it never pulled back.  BITCOIN is just going ATH after ATH.  BTC is setting new ATH every day, if not every hour    I stopped selling now 

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low'

Don't sell into bulls thinking you nailed the top wait for a prolonged correction and just try to sell in the top 25, and buy the bottom 25 percent.  With fluctuations so crazy its pure luck to nail the tops and bottoms.  Or you can just stop trading and HODL for the long run

[fadhilz123]

All people do this for sure because this is a way to earn profits. But sometimes people buy in high because of FOMOm, like doge and XRP. Lots many people get trapped and buy high. No one they can do except hold. He can cut loss but risky

In theory, we must do it, buy low, sell high, but in reality, many people get trapped by their emotions, FOMO, fake news. So they must try to control it, if want to take profits

[STT]

Its not easy to be confident during a fall or expect a rise when its not especially shown that previously.  I think most trades are a kind of momentum where people see some trend and expect it to just continue.

We are out of trend which makes it harder to regularly spot the activity in a stable way.   I would go on various measures I notice like the 12hr momentum and how that is in line with burts of price gain quite often.



  Here on this chart we stay above 12hr on the way up but when we lose and fail to regain that measure it starts to be part of price decay or profit taking perhaps and then now also the 2 day average is challenged which represents fast buying.

[LogitechMouse]

I don't want to say that you can't but with the bull run, it is very hard to buy at a lower price knowing that the current trend of the market is going upwards.

You might buy at a low price and sell it but once you will buy it again, you will just buy it at a higher price and not at the price where you first bought it. The market that is in a bull run will make many higher lows until it runs out of fuel and will make a big reversal towards the downside. Right now this strategy will be hard to use unless you are willing to risk your money.

Knowing the possible support prices might help you know where you buy Bitcoin.

[arufox]

It's not like I am complaining, far from it!  I am enjoying every bit of it.  But how can we really follow the mantra of 'Sell High Buy Low'

Stop being a trader because Trader will try to buy low and sell high, I think you must learn more about Bitcoin, so your mindset will change automatically, From buying low and sell(as Trader) and will change to Buy and Hold (as Holder) and trust me, if you become a Holder you will be happy at the end.

[SmokerFace]

You can still stick on your plan of buying low and selling high but you need some knowledge to apply it. You should not sell your coins until you assume that the price is fluctuating. Why would you sell your money when the market is pumping. I advise you to save your coins and hold it for long term