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

[btcwish1]

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'

[Upgrade00]

I prefer to go with the idea of 'buying low and selling high', that way you buy when it's relatively cheap, like 1-2 years ago, when we were in a bear market, then set your profit target. Predicting market movements during a bull run is pretty difficult as the market is unpredictable. I've seen so many predictions of pull backs and corrections and none of them is yet to actually be right.

There's nothing wrong in pulling out profits gradually though as the price increases. I would suggest you lock them in an asset which is not as prone to inflation as fiat

[FatFork]

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'

One way is to target smaller price oscillations. For example, we had a little pull-back on Binance today. From 28,400 (new ATH) to 26,600, before the price reverted to the current 27,500.
Another approach is for a longer time period. A stronger pull-back is to be expected, but that doesn't necessarily mean it's going to happen in a matter of days. You just need to be ready for it when it happens.

[Lucius]

At the moment you can't, because it is more than obvious that the percentage of those who buy is much higher than those who sell, and the law of supply and demand pushes the price up. Although it would be logical to expect a correction, one should ask whether it can just happen because those who buy do not intend to sell at the moment - in other words, the investor profile has completely changed.

In moments like this, it's best to just enjoy the bull run and follow what's going on in the background of the whole story - in other words, who else of the big players has invested in Bitcoin, and who is just planning to do so. As money flows (and there’s an awful lot of it) it’s just a question of when the BTC market cap will reach $1 trillion.

[Fesatmas]

whose name is buy low, which is where bitcoin is undergoing a correction, so it's a moment to make a purchase. if it keeps on going I can't make a decision by making a big enough risk. It is necessary to calculate the percentage of what percentage of the current price.whose name is buy low, which is where bitcoin is undergoing a correction, so it's a moment to make a purchase. if it keeps on going I can't make a decision by making a big enough risk. It is necessary to calculate the percentage of what percentage of the current price.

[Kez1817]

If you are doing day trading then it really difficult and risky to buy low, sell high. But if your purpose is to hold for long term then I think this time is good to sell and wait the correction to buy more. Bitcoin is really moving great and I think it will increase more before new year.

[BrewMaster]

yes it is possible and at times it is not really that hard. you just have to follow a couple of things.

first of all don't expect ridiculous drops like below $20k again.
second don't sell near resistances that are about to be broken (like selling at $19600).
third make more than one sell or buy each time. for example when you thought selling at $19600 was a good idea you should have split your sell into multiple orders setting at different levels with some distance between them.
forth have a plan for when your speculation goes wrong which it will many times. again using your $19600 example, after making the mistake you should have bought back quickly above $20k and below $21k.
and finally you should never go against the market trend. the current trend is bullish so your expectation should always be that price is going to be higher than now in the next couple of hour.

[rat03gopoh]

Understand that it's not "buy lowest and sell highest." Because there is no upper limit for bitcoin and any crypto. If you're lucky, bitcoins can reach $100k overnight and the next day it will double. Just enjoy your every profit from daily fluctuations, buy when it goes down some level, and sell at higher. That's "buy low and sell high".

[jackg]

If you sell after a slowdown from a rally, it'll PROBABLY come back to that point. If it doesn't for a few times and giving it long enough to pull back 1 week+ then you might want to switch at looking at more than one piece of information (eg look at the RSI and analyse that before you sell). Or you could start to sell at the start of a pullback and set stop losses in all cases just in case.

[serjent05]

Well to be able to Sell High and Buy Low during bull run requires patient and deep knowledge of TA.  With it you can  see hints on entry points and exit points of the market.  It would be hard but if one is knowledgeable enough he can take advantage of the volatility of BTC even with the market is at the bull run.  Others use Bot and set it up the way they wanted since they can't monitor the market 24/7.

[acroman08]

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

of course, you can as long as the price of bitcoin fluctuates you can always buy low and sell high. but your fund also matters if the price of bitcoin keeps increasing it is for the best to increase your funds too when you are going to buy. so your profit won't be devoted for the high fees that come with it when you are transacting.

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'

just closely observe the market

[Noctis Connor]

Well to be able to Sell High and Buy Low during bull run requires patient and deep knowledge of TA.  With it you can  see hints on entry points and exit points of the market.  It would be hard but if one is knowledgeable enough he can take advantage of the volatility of BTC even with the market is at the bull run.  Others use Bot and set it up the way they wanted since they can't monitor the market 24/7.

It's true you need to online at a time because bitcoin price changes time to time even those already experts in trading are still losing because of some prediction that didn't go as they plan. Sometimes i just go into where i talked to them just to have some information since bitcoin is really volatility, i don't trust bot much better if you go as manual because of self learning you can see those graph in your self and also you can learn from your mistake and will never do it again.

[The Cryptovator]

The question is how you determine low and high. Bitcoin traded today at $28K, is this high? The answer is, we don't know really, bitcoin would cross $30K as well. It's easy to say, but the reality is quite different. You have to take the risk. I had sold at $19500 and thought I will buy back when it will dump, but it happened although I didn't dare to buy back and regret it now. Since Bitcoin just recording a new ATH almost every day I can't dare to buy it back. We don't know where is the low. So, buy at low and sell it high isn't actually possible, who knows if bitcoin never go up after you buy? Then how will you sell at high?

[Ratash]

I think its gonna be a while before we can buy at a low price again whales and Instituations are freezing their funds in their cold wallets so they are holding and with the price only going up some investers will start buying even at 28k so the demand is increasing day by day so i think we can even see the price at 40 or 50k.

[Lhaine]

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'

Yes you can but with no so big difference in price for example today when the price is 28k then you bought again in 27300  then you already increase your holdings and earn profit. But if you are looking for big price difference that you can buy and sell then you should wait for correction before buying it.

There is no way you can easily find a good entry when you know that Bitcoin rally continue and you can't find a good entry and hard to predict price of Bitcoin .

[btcwish1]

The question is how you determine low and high. Bitcoin traded today at $28K, is this high? The answer is, we don't know really, bitcoin would cross $30K as well. It's easy to say, but the reality is quite different. You have to take the risk. I had sold at $19500 and thought I will buy back when it will dump, but it happened although I didn't dare to buy back and regret it now. Since Bitcoin just recording a new ATH almost every day I can't dare to buy it back. We don't know where is the low. So, buy at low and sell it high isn't actually possible, who knows if bitcoin never go up after you buy? Then how will you sell at high?

Exactly my situation at the moment!  I am just thinking if i should buy back some btc now and then sell at $30k level or just wait more for dip. No one knows what will happen to the price. $30k or back to $25k. What a beautiful dilemma to be in!

[Silberman]

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'

You are trying to predict what the market is going to do, that is your problem, buying the dip is a strategy that should be employed once the market has taken a dip and not before, right now the market is extremely bullish to try any kind of manoeuvre, just let your bitcoin in your wallet and buy some bitcoin once the price goes down, however it seems that you did not had the capital for that since you kept selling in which case you should have remained content with just holding your coins until the bull market finally ended.

[CarnagexD]

It's because you are thinking ahead of the market. Foresight is definitely a good skill in trading but in some cases, especially like this. Predicting too much wouldn't do you any good. It's just cool that you were able to enjoy it since that is still a couple hundred dollars you might've lost. As most of the people say here, buy the dip and sell when high applies in the present stature of the coin, you only buy when it's relatively stable on a dip, and you sell when it is high.

I think its gonna be a while before we can buy at a low price again whales and Instituations are freezing their funds in their cold wallets so they are holding and with the price only going up some investers will start buying even at 28k so the demand is increasing day by day so i think we can even see the price at 40 or 50k.

Price correction is on the way, people should be able to get back in the bitcoin boat not too soon. Aside from that, us investors may get impatient and synthetically dump the coin perhaps at the 30k mark. Then again, we can't really predict what will happen.

[pixie85]

This is how an exponential bull run comes to play.

At first people sell at every step and small corrections become frequent at every major level. Then when they see it doesn't want to reverse and pullbacks are minimal traders begin to wait it out longer. They gain confidence and wait longer and longer to avoid paying exchange fees at every possible resistance level and missing out on gains.

It makes the price go up fast in the last stages and turn into a FOMO rally. You could see it happen in 2017 when there were multiple pullbacks up to 8000 but almost nothing up to 16000.

[torrantz]

I think its gonna be a while before we can buy at a low price again whales and Instituations are freezing their funds in their cold wallets so they are holding and with the price only going up some investers will start buying even at 28k so the demand is increasing day by day so i think we can even see the price at 40 or 50k.

Stop think bitcoin could reach 40k or whatsoever. When it's not yet surpassed 30k and 40k just like a dream. So many people will be feeling confused to determine how high bitcoin could go. I have sold my bitcoin yesterday and then there must be a correction or it will be the next dump that will make the price of bitcoin to go to the bottom again. These days people are still keeping their eyes into the bitcoin.
It's about how difficult to know the maximum position in bitcoin market to sell our coin.