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

[Eureka_07]

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

I'm not a chart reader nor any expert on making predictions on future value any asset or cryptocurrency but I do feel that bitcoin could reach $30,000 before this year ends.
Who knows? Maybe tommorow it will reach $29,000 as it reach $27k and $28 before.
Even so, I think it's safe to pull out some profit from this bullish run if you don't intend to hodl your bitcoins for a long period of time.

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[Casdinyard]

Still Possible, the market price moves from time to time in the first place. But it would be difficult because you will need more time focusing on how the market price behave. It would be better to just hold for a while then sell if the price satisfied your goal. At this moment  since there is no sign of a huge downfall yet, holding would be advisable because there is still a tendency for the price to continue increasing. Some investor already gave up with their speculation and chose to sell at early price point and that's a valid decision especially if they do feel of doing so. Your investment, your rights to make actions. We just cannot earn 'every profit' in this industry, but be responsible of your actions in order to avoid regrets. In my case, I will anticipate a downfall in order to invest more but if things went the other way around  another decision will be made.

[RokokGudangGaram]

It is possible but you need to be very good in hitting the right time to buy which cannot be pulled easily because even professionals traders who have a complete tools can't easily predict the right timing to sell where the bitcoin price will start to go down and buy again once the bitcoin price will start to go up again.

The setback of bitcoin price as of this moment is very low therefore it is very hard to hit the right timing in selling and buying again. If you are not a professional in this kind of trade then it will be good if you will just buy bitcoin and continue holding it until you can notice that the bitcoin price is in the peak already and that will the time that you are going to sell your bitcoin. It is a long term one that needs a patience and trust to bitcoin but a good strategy to all of us who have no ability yet to make a short term trade.

[darewaller]

If you really bought at a low price, then I don’t think that waiting more would be a problem for you. Yes I did sell part of my coins, but I’ve left the rest and I am not really worried if the price should fall, because I sold an amount that is enough for me, and that’s around $19k and $23k.

For now, I am leaving the remaining the coins and even if I should wake up and the price falls to $10k I wouldn’t be worried at all because I bought earlier than that. The price still looks like it will move up, and I am thinking that we will see $30,000 and even more. I am ready to keep on holding, January will determine where we are heading next.

[molsewid]

Still Possible, the market price moves from time to time in the first place. But it would be difficult because you will need more time focusing on how the market price behave. It would be better to just hold for a while then sell if the price satisfied your goal. At this moment  since there is no sign of a huge downfall yet, holding would be advisable because there is still a tendency for the price to continue increasing. Some investor already gave up with their speculation and chose to sell at early price point and that's a valid decision especially if they do feel of doing so. Your investment, your rights to make actions. We just cannot earn 'every profit' in this industry, but be responsible of your actions in order to avoid regrets. In my case, I will anticipate a downfall in order to invest more but if things went the other way around  another decision will be made.

Yes it is but you only have to pay a lot of attention of time to time visiting the market to be able to get a perfect time to buy your own kind of bitcoin. But if you have a capability to buy bitcoin in these ATH price still possible but of course for us as a traders of bitcoin it isn't economical practical since here in cryptocurrency we are looking for a good profit that may benefit us most though earning a profit here were not possible as always but atleast we've wise enough to manage our loses in case.

[Wawa2013]

Of course "Sell High and Buy Low" can still be done, the problem is you just lack patience. Because I believe Bitcoin will correct,
but no one knows when this happened. We only need to be patient waiting, and save the profit that you have earned in stablecoins.
So when Bitcoin finally corrects you can buy back at a cheap price. Now Bitcoin is really hype so it is best to stop selling our Bitcoin,
so we can enjoy bigger profits later.

[btcwish1]

Thanks for your replies.  Some of them are saying I should have waited before selling some BTC.  But that's what I did in 2017 bull run and basically didn't earn anything from the bull run.  If I had sold some, I could have increase the amount of BTC.

That's why, I tried to sell some in this bull run.  I don't regret selling because, I purchased BTC in lower level. But it's true that, if I waited I could have gained more profit. 

[dunfida]

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'

There's no such thing about being on perfect trades and even if you do missed out on buying low the important thing here is that you do able to make profits out of those movements.
Good for you that you can able to sold in higher price and you are just waiting for some pullbacks and it didnt happen because if price do make out some correction, it only dips
for a small percentage which is way not to shallow basing up on what you are targeting.It doesnt necessarily for you to buy low and sell high because no matter what
you do, what matter most is on to make profits or money or gains within your trades which should really be considered.

[imstillthebest]

there was a trick on trading buying on one exchange where the coin was valued a lil bit cheaper than the other one , after that sell and repeat , thats how you do it . it sound simple but is it ? idk because im not a trader  just read that somewhere  .

if you want easier way you can go on other lower coins and leave btc for a while . you can still earn on your btc if you have leftovers  .
correction was over in btc and that happen while maintaining the 20k base value . if you missed you need to watch soon closely for another one

[Findingnemo]

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'

First of all, don't plan to sell your cryptos every hour if you are holding it for very long time. Just make sure that you reached your goal margin with this price if yes then just sell it and wait until your desired price to come which may take few days or months. If you plans to sell too often then you need to lower the range of swing like 25k to 26k so you sold at 26K then bought at 25K.

[Krislaw]

Well, you already in profit. If you're good at trading, you could have made a lot of profit with the little price reversal that happens especially when it got to over 28k and went back down to 26k and did a little pump.
If you aren't good, you could start accumulating every dip and always find a good entry.

[Silberman]

Buy low and sell high? This is not a good time for that and it's more riskier than ever, now bitcoin is so much bullish and still unpredictable too, the best strategy is of cos buying low and selling high but the right time is what people don't know

That is the thing, every strategy has an optimal point, a place in time in which the strategy gives the best results and with the market behaving the way it does it is simply a mistake to try that strategy now, just hold your coins and do not sell until you see an important correction otherwise there is a very high chance that you are leaving a lot of money on the table and that is something that as traders or investors we do not want to do as there does not seem to be any kind of limit to how high the price of bitcoin can go.

[create_crypto]

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'

Strategy Buy Low and Sell High, always is the road to loose your deposit. Because you must trade counter-trend. But maket on trending now with few stops already 8 months, so, you must be on the side of a trend. @Trend is a friend@

[Welsh]

there was a trick on trading buying on one exchange where the coin was valued a lil bit cheaper than the other one , after that sell and repeat , thats how you do it . it sound simple but is it ? idk because im not a trader  just read that somewhere  .

if you want easier way you can go on other lower coins and leave btc for a while . you can still earn on your btc if you have leftovers  .
correction was over in btc and that happen while maintaining the 20k base value . if you missed you need to watch soon closely for another one

This can usually be done via P2P trading, since the values usually differ by an absolute metric tonne. I've seen mixed results, but usually decentralized exchanges can get a premium on top of the exchanges, because some people outright refuse to use the big exchanges, which means they will pay a little bit extra to trade person to person. It does depend on where you are going to trade, places like LocalBitcoins a few years ago seemed to have very high prices regardless, and you could even get cheaper prices via a traditional exchange.

That is the thing, every strategy has an optimal point, a place in time in which the strategy gives the best results and with the market behaving the way it does it is simply a mistake to try that strategy now, just hold your coins and do not sell until you see an important correction otherwise there is a very high chance that you are leaving a lot of money on the table and that is something that as traders or investors we do not want to do as there does not seem to be any kind of limit to how high the price of bitcoin can go.

Most people never trade at an efficient level. Its difficult, because timing, and luck has to be on your side. If you actually believe Bitcoin is going up in the future, any entry point could be a good price, if you believe in the technology, and adoption behind it. Yes, it might not be the most efficient time to invest, but if you only care about profitability, and not the margin then it could well be a good starting point. Obviously, assuming Bitcoin does go up in the long term. I think a lot of holders have done this, they usually buy, and buy until they have a price point in mind. For example, $50,000 might be a point in which a lot of people sell, and all they've done previously is bought.

[acener]

Yes you can but it could be hard since no one really knows when and how would the price moves.
Just a few days ago a member was asking if those people who bought at $27K are idiots but look at the price now they already gain profit.
So yes you could still gain profit in the bull run but you should be careful and know when to cut loss.

[jademaxxiss012]

It happened already and buying low in 2020 is impossible especially the current market of bitcoin. Well, lucky are thoae able to buy while bitcoin is low for it just a proof that bitcoin really is profitable and you just need to have a good hold to it and prediction for you to earn. However, it is not that easy to hold and predict bitcoin market. Sometimes emotions will get the decision and not thr brain.

[jasonjm]

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 bull run is setting a completely different trend compared to previous bull runs and no one can precisely predict looking at the current scenario. This might be because of the overall acceptance of bitcoin by certain institutes.

[Lorence.xD]

If you are reading the current news articles involving bitcoin, it should be clear to you that the prices will only go up, companies are still pouring in their money in bitcoin which means there are less bitcoin in the market which means the prices will only start rising. You can do the old adage but the profit is not that high which discourages me to do the same thing at the moment.

Sell high doesn't mean you need to sell at a much higher price. The price isn't stable in a particular value, there is fluctuation. When you have good volume of bitcoin it is possible to sell for $29200 and buy it back for $29000 making a small profit. The 2020 market had continued progress in the price along with correction which lets users to buy low and sell high.

Exactly, if you made a profit from selling your bitcoin at the price that you sold it then it is a win, the bad thing right now is that you will get greedy and try to go for an all in, always remember that bitcoin market is unstable.

[mich]

For us to 'Sell High and Buy Low' is every Bitcoin traders perfect dream but for most people this is not the reality of how this works.  For me at least I always will come up short end with this strategy.

On more then 1 occasion I tried to sell and make profits and to buy back again.  But this method seems to backfire every single time and I lose fiat and its a difficult learning experience. 

Long story short is no I dont believe in this method for making profits during this 2020 Bull Run.

[Haunebu]

Why the heck not? Check this out.

https://www.google.com/amp/s/www.coindesk.com/bitcoin-whales-buy-high-sell-low-retail-investors-chase-rallies%3famp=1

Small traders are able to execute this strategy properly too irrespective of whether we are facing a bull or bear run. It all comes down to your knowledge of the market, trading experience etc at the end of the day.

I see plenty of "Buy low and sell high" opportunities on a regular basis and have taken advantage of some of them personally. However, you need to invest only what you're willing to lose due to the volatility of this market.