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

[Broly46]

It’s why I always wait for dump signal to decide whether to sell bitcoin, how do you tell it’s dumping? I can certainly sure when bitcoin price dump -50% from ATH I know it’s crashing and need to exit, but 5-10% fluctuation isn’t obvious enough, even 10-20% fluctuation isn’t enough to convince me it’s a time to dump, yup I think for multibagging gaining bitcoin would need a 30-50% fluctuation then I would begin to sell, the fluctuation is ranging from days to max one week, of the price corrected 30-50% in one week, say dump from ATH to -50% in one week, it’s absolutely a clear dump signal, but many will be salty to watch their profit get erased so quickly and refuse to sell.

[1713542063]

1713542063

[1713542063]

1713542063

[Mpamaegbu]

BITCOIN is just going ATH after ATH.

That was the prayer of those who literally went to church on their knees since 2018, asking for such a time like we have now with Bitcoin mooning continually without a crash. Whatever happens with Bitcoin in 2021 (as its post halving year) will further decide how we judge or preempt Bitcoin in 2015 (another post halving year).

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.

The force of the current bull run is powered by a force greater than gravity, literally speaking (well, writing actually). It isn't showing any sign of fatigue and the dominance of Bitcoin is currently at 69% of the entire marketcap. It's a good sign for Bitcoin but a bad one for alts. This is because ALTs won't moon if Bitcoin continues to dominate the entire market space.

[Silberman]

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.

I do not think it had anything to do with luck, it has to do with those which actually believe in the technology, bitcoin was cheap for a very long time, if people did not wanted to take advantage of it then that is their problem, I know this may seem like a attitude that is too harsh to people but that is what it is, there was a time in which I tried to convince people to adopt bitcoin and they made fun of me, after that I never mentioned bitcoin again and now that bitcoin is above 30k they are complaining they did not bought it.

[ardentvolcanoes]

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

Be specific with your target if you wanted to apply this buy low sell high strategy, fluctuation is still inside this market and learning how

to play with it and take it as your advantage is very difficult, there are lots of things to consider but once you already understand the flow

it will be more helpful to bring on the bacon and earn decent.

[Shasha80]

Regarding the sell high and buy low strategy, we can run it in a bull run situation like now. Because for Bitcoin trading you don't have to wait for
the Bitcoin price to fall far enough, with the Bitcoin price corrected to a price of $ 30,000 we can buy it and sell it again when it rises to a price of
$ 34,000. This is what I am running right now, the most important thing is not how much profit we make. However, how often the profit that we make,
by frequently generating profit, the longer the profit we make if accumulated will be large too.

[Soldierswitlittlefaith]

could hit $75K - $80K  i'm going to post within the political section of this forum the reason for such increase.

Pls, do not expect a drop or crash soon!!

Thanks
Soldierwitlittlefaith

[stomachgrowls]

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'

As long you do make money then that what matter most and its not really that common for this kind of situation where bitcoin do reach out new ATH's from time to time.

So its just right to cherish up these movements for you to make money rather than on getting curiosed that price havent able to pullback for sometime.If you do try to
observe the market, i do really make out some corrections or pullbacks but not really that in a huge percentage drop.

Take for example on what happened in 34k goes back to 29k, that was a significant correction.

[Delisaara]

enjoy what you get and don't ever complain ,, in trading getting profit is better than losing, don't be greedy expecting to buy low sell high.  while you have benefited, be happy, don't regret it.  there are many people out there who are losing and not getting the benefit at all, learn to refrain from being greedy.

[michellee]

It will be our dream to sell high and buy low, but we can not always make it happen, especially if the market is unpredictable and hard to analyze to find the coins. At this moment, I think that we have the chance to find the right coin to buy low and sell high, especially for buying bitcoin at a low price and sell it at a high price. If we already bought the coin at a low price, we do not have to do anything except waiting for the price to increase, and I am sure that the time will come soon.

[thecodebear]

Considering that institutions are driving this bull run and they are only just getting started, it's very risky to try to short Bitcoin. You can try selling and hope to get lucky that you buy in a bit lower, but there's also the chance you are forced to buy back in several thousand dollars higher. I say take profits when you want to take profits, but don't sell in an attempt to guess when it will go down a bit.

When you want to take profits sell a little bit. Leave it on the exchange for a bit and if the price drops take advantage of that and buy back in lower. If it doesn't drop then great just cash that out as profit taking.

[Ultegra134]

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.

I've only got a small amount of Bitcoin, less than 0.10BTC, I decided to buy some when I noticed a price dump. Unfortunately, I didn't buy fast enough and the price had already started rising significantly. I bought at 25.000€ (When I could have bought at 24.300€) and sold them yesterday at 27.700€. Today, I woke up and to my surprise, it had surpassed 28.500€. Well, that's trading. You can never be to sure. At least, I made a decent profit, it could have been better, but I was too sceptical before going to bed, was afraid that it could dump when I was asleep.

Planning to buy again, on the next price dump.

[STT]

Yes its possible, with confidence, attention and a willingness to take risk with capital all of which can cost dearly if you mess it up really.   Its deceptive because it appears obvious after and confusing at the time imo    Certainly its possible and some might say a good trend is easier then the more random walk of a sideways market.   Trend up or trend down you are supposed to stay impartial on these things.    Also it might be your opinion/observation  just doesn't match the public or market moves, tough luck.



Recent action, we didnt come back to our starting low (the pin) at the beginning of the daily bar yet so we remain bullish and possibly above support.   Everything's possible with varying probability, how to judge variance and influence is a constant question with no one answer.    We're way out of a price channel afaik so my argument is not so good but it just keeps going up, use SMA.

[bitterguy28]

I did from part of my Holding , i Sold at 33k and bought again at 28,000 Sounds risky but that's what i did.
and that made me one of the member who Buys at low and Sell at high .

If we are not willing to risk then let us not take a look for profit before this market of volatile investment is full of risk but worth a try and done.

[arwin100]

Yes its possible, with confidence, attention and a willingness to take risk with capital all of which can cost dearly if you mess it up really.   Its deceptive because it appears obvious after and confusing at the time imo    Certainly its possible and some might say a good trend is easier then the more random walk of a sideways market.   Trend up or trend down you are supposed to stay impartial on these things.    Also it might be your opinion/observation  just doesn't match the public or market moves, tough luck.

If they are their without knowing the risk the might encounter while trading then maybe they will became crazy when the market turn upside down, but if they are prepared and can handle the risk to know on when to take their profits then for sure they can possibly do the Sell high and buy low method.

[sapnu]

I did from part of my Holding , i Sold at 33k and bought again at 28,000 Sounds risky but that's what i did.
and that made me one of the member who Buys at low and Sell at high .

If we are not willing to risk then let us not take a look for profit before this market of volatile investment is full of risk but worth a try and done.

You are lucky that you have gain profit at that time, you can really make yourself gain profit if you are doing short term trading that time but if you chose long term and you bought bitcoin at that value, that is really risky for your money. We cannot predict when it will stay at that value since it already reached $35k. It is a really good ATH as the year starts. I have friends who already sold their holding at $28k too, that is why they are regretting that they sell it too soon, but that is part of trading.

[btcwish1]

it is happening with me again. This time when BTC is free falling!

Last night when I checked before going to bed BTC price was at $39k range.  So I set a buy price at $35k thinking it won't go to that level. I  set buy order every night at a lower price ( which seems unrealistic) just in case price drops crazy  when I am asleep. In the morning I simply cancel that order.

But today when i woke up, I saw that my order is filled and price is lot lower than my buy order $35k. 

So, Any lesson learned? Not really!! BTC always teaches something different every time so that you can't really exactly learn from previous move!

[Fredomago]

it is happening with me again. This time when BTC is free falling!

Last night when I checked before going to bed BTC price was at $39k range.  So I set a buy price at $35k thinking it won't go to that level. I  set buy order every night at a lower price ( which seems unrealistic) just in case price drops crazy  when I am asleep. In the morning I simply cancel that order.

But today when i woke up, I saw that my order is filled and price is lot lower than my buy order $35k. 

So, Any lesson learned? Not really!! BTC always teaches something different every time so that you can't really exactly learn from previous move!

Anticipating your call mgiht need to be relevant to your understanding, it's really  a surprise seeing that your call went to the other side, thinking that the corrections might be on your expected value not realizing that it can go further down, like what you have said it's really unexpected and you just can't learned from it unless you experienced it.

Now you'll re-check your patterns and try not to make another same mistakes, just hold
and try to spare more time analyzing what would be your next possible move.

[Mistafreeze]

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

[coin-investor]

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 can only follow that rule buy low sell high if you are patient and you can follow the market, it's hard to check the hint when the price is going down but every dip is every opportunity if I have the funds I usually buy on every dip by a small amount, I still have an allocation whenever there is a dip, and even if the price goes up, I will have a good profit, it's important to always have a room, you never know when the bottom will hit.

[UmerIdrees]

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.