simple technique of selling high and buying low.

[joeperry]

That's true also you need to consider a lot of things this includes when are you going to enter a trade this is the most critical part, there are times that you thought you have a good entry at a lower point but it keeps going down.

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[PonziSkeem]

Strategies for making profits in cryptocurrencies are variable and the easiest is DAC for those who do not want to risk.

sorry, what does DAC mean?

[Kong Hey Pakboy]

That's true also you need to consider a lot of things this includes when are you going to enter a trade this is the most critical part, there are times that you thought you have a good entry at a lower point but it keeps going down.

It's not advisable to go in waiting for the right time because you won't find it and it may never happen and the prices might that were looking isn't going to arrive there anymore. Just get in the market, accumulate as much as possible and in the accumulate part, that's where you should be mindful of when you are buying so you can get more out of your money.

[numanoid]

OP is desparate for money i guess. If anyone know exactly how to buy low and sell high, we all already on Forbes list right now. Instead buy low sell high, how about buy - forget - and HODL? it will be much better than trading for pennies.

All coin are same, either it bitcoin or altcoin, actually all coins are pump and dump. What makes them different only which coin usually get more attention and the usage of that coin.

Ey, Buy low and sell high is basically day trading, and a faster way to earn instead of HODL. OP might need it immediately you never know. HODL takes way too much time to actually profit from, especially right now taking into consideration that the BTC market just recently hit ATH.

A faster way indeed, but you only earn pennies instead of dollar. What's the point buy now and sell later after minutes? Do we have to monitor our investment 24/7? That's why it's not worth it and better to forget what you have bought and HODL it. Bitcoin hit ATH already more than 1 week ago, it's not recently AFAIK.

[seramania]

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.

in every trading technique even though it sounds classic like buying low and selling high but believe me it all requires a strategy. the most basic is that we have to set the percentage to sell at the point when it increases. besides that, at the time of the increase we must be able to analyze when the token price falls again, and what is the percentage decline so that we can prepare to buy in large quantities at low prices

[electronicash]

is hard to do when you have less capital. what you need is time and money because its needs a lot of waiting and it could take years if you want the biggest gain. the early investors did it easy, all they did was just waiting and after a few years they already have tons of money.

but if you do it as the day trader does, it's going to be harder. some even have to spread fud just to make the price drop so they could buy again when the price is dragged down.

[ultrloa]

is hard to do when you have less capital. what you need is time and money because its needs a lot of waiting and it could take years if you want the biggest gain. the early investors did it easy, all they did was just waiting and after a few years they already have tons of money.

but if you do it as the day trader does, it's going to be harder. some even have to spread fud just to make the price drop so they could buy again when the price is dragged down.

Sometimes huge money is not necessary if you know how to trade correctly and knows how to do a good technical analysis, I have friends which trade only small amount in binance futures but actually his earning good when bull market is occuring and sudden fall happens, its just you need to have brains on this as well proper management of doing your stop loss since this is most important thing to learn first so that you will not liquidated easily while trading.

[goldade]

That is actually the basic method of trading. In theory, it isn't so hard to make profitable trades by buying low and selling high. The only issue here is that it requires skills, knowledge and experience to know when to actually buy and when to sell.
As simple as buying and selling sounds, it is funny that it requires a lot of work. It requires the knowledge of technical analysis, that is how to read chart patterns that form in the market. You also need to understand how fundamental analysis work. How certain news can affect the market whether positively or negatively.

[finaleshot2016]

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.

It can appear to be easy, but it isn't; yes, there are other TA to consider before entering the market.

The support and resistance levels are one of the fundamentals; buying a dip does not guarantee that it will bounce because it can break through the resistance.

The crypto market can be deceiving at times; it can go up and down, so we must buy on a dip where there is good support or flooring to ensure that it does not go lower.

[sujonali1819]

Buy low sell high it’s a common Theory of trading. If you wan to make some profit hou must follow it.

Normally the strategy is when price drop huge we buy the coin. But we make two mistake here,

1. We invest all in one coin. For why we can not buy back again in farther dip, Also can not hold due to coin goes lower persistently.

2. We don't follow the price chart. I mean the coin make a drop does not mean it will not drop more. So if you can read the chart correctly we may find the best time to pick the coin in bag.

If we don't do these mistake hope fully we can find the proper time to buy imo.

[kolbalish]

Yep of course it is a simple technique. Still it is not that there is no other technique without this strategy. Everyone has their own strategy. However, many have become millionaires using this simple technique. Furthermore, anyone has attained a lot with his own procedure. It depends wholly on yourself. However, in all prosecutions, the market research must be maintained.

[geegaw]

is hard to do when you have less capital. what you need is time and money because its needs a lot of waiting and it could take years if you want the biggest gain. the early investors did it easy, all they did was just waiting and after a few years they already have tons of money.

but if you do it as the day trader does, it's going to be harder. some even have to spread fud just to make the price drop so they could buy again when the price is dragged down.

Some cases are really easy due to the years when they invested in crypto, this community is still not big enough and growing, too low value combined with their persistent holdings, all of which made them rich after only a few years of gentle wait but considering these cases, sometimes their capital is not too high, capital is only at the right level and it is important to choose the correct project. The techniques of selling high and buying low will work in that sense, today, crypto is so developed and this technique is gradually becoming more difficult with so many investment options

[bitgolden]

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt.

Yeah it is not simple. Because, determining where will low or high occur is the catch here. A low may not remain as low for rest of the day or season unless market moves down further and same applies for high price level as well. It means you may find out low or high but any future events or news may alter that.

The crypto market can be deceiving at times; it can go up and down, so we must buy on a dip where there is good support or flooring to ensure that it does not go lower.

Yeah, crypto markets are known for its usual high volatility which may trap us at any time. So, the simple trick everyone suggest is, buy at today's low and wait for months to years then definitely you will get highest prices to sell given that you are buying bitcoin or known altcoins alone.

[Vaculin]

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.

A skill technique that can be applied in this way is to use patience. when we make a purchase at a low price at least we have to wait until the price can go up much higher than the initial purchase. This method is quite easy to do when we can make the right decisions to buy coins that have enough potential that can last a long time and are promising in the future. the most important thing is to have a strong belief in the coin in question, have a set profit target and not be easily influenced by fake news that can make many people panic.

That is very easy to think and say but could be hard IRL especially when you are too emotional because that will be the most common reason why we are not able to reach our goal. Controlling our emotions is the biggest challenge that we ever face in trading. But I was believing that people are now changing their behavior (but not all), panic selling isn't visible this time instead, I was seeing people are being positive for the incoming and they just hold.

[carlfebz2]

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.

Achieving this?

This would really be through experience and you cant attain this skill if you dont have sufficient knowledge and awareness on how this market works.Its indeed a very basic principle of making

profits in the market but when you are already on the actual situation then its really hard to do because you cant spot out on whats the peak price and whats the bottom

and this is where things becomes hard and this is why we do keep and seeing speculations that do floats around.Movement does vary with demand and the activity between
sellers and buyers.

[Nanda Dewi277]

Trading is not about buying low and selling high because we cannot guarantee how low and how high the price may happen in the future. however, we can see and also analyze the charts, in which it commonly can lead us to have better result of the chart analysis. It is also based on the fundamentals of the coins and also good news of the team to make the projects progressing more and much better. In this case, we can see how the trader can not only buying in low but buying at the right time and also sell at the right time.

[Fatunad]

Simple technique but would really cost you if you dont able to done it well.Due to unpredictability then guessing price would be the main play on here.
We are keeping on guessing on what would be the next movement on next minute,hour,day or months.Also not all are active traders because there
are whom do focus out on hodling or making swing trades and not doing any active trading techniques.Usually people do commit on the opposite
manner or result on which they have sone Buy High Sell low and this is on the time where people do panic on.

[wahyu wida]

Trading is not about buying low and selling high because we cannot guarantee how low and how high the price may happen in the future. however, we can see and also analyze the charts, in which it commonly can lead us to have better result of the chart analysis. It is also based on the fundamentals of the coins and also good news of the team to make the projects progressing more and much better. In this case, we can see how the trader can not only buying in low but buying at the right time and also sell at the right time.

this is what becomes difficult in trading. looking for the right time, and looking for the right price. but sometimes feelings get carried away in trading so that we can't focus on the framework that has been created.

[Kelvinid]

Simple technique but would really cost you if you dont able to done it well.Due to unpredictability then guessing price would be the main play on here.
We are keeping on guessing on what would be the next movement on next minute,hour,day or months.Also not all are active traders because there
are whom do focus out on hodling or making swing trades and not doing any active trading techniques.Usually people do commit on the opposite
manner or result on which they have sone Buy High Sell low and this is on the time where people do panic on.

That requires market analysis to avoid the unpredictable losses. However, no matter how good we are but our speculations will remains inaccurate. Losing could somehow be minimize but can't totally stop it. If we are impatient and get easily frustrated the more it brings is losses.

Trading is just like gambling, it sometimes we ask for good luck. If we are too aggressive and greedy person, most likely we are the one who usually commit mistakes and losses.

[so98nn]

profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. share your skills and techniques that can be used to achieve this.

Well, it is seriously not that simple! I have tried to master my emotions for that matter. I believe that there is only one reason why we fall for the honeytrap of selling at lower while actually you had to wait for more time to get at right spot!!

The only way to be at right spot is by mastering your emotions. You should be controlling the panic sells, FOMO investment, all these terms must be out of your league all the time. If you fall for any of this, then everything is messed up. I have seen my investments touching almost break even point and then coming back down heavily, but you have to stay stable and not to sell in the panic. It will come up one more time, thats what crypto is all about!