simple technique of selling high and buying low.

[Dilerium90]

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 smart trader with extensive experience will unequivocally tell you, that it is impossible always buy at the very bottom and sell at the very top of the market. It is impossible, even knowing technical analysis perfectly. It is much more important to take a small section of the distance and make money on this movement.

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[SacriFries11]

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.

If we are using the buy low sell high technique, it takes time for us to gain profit but I think it's the safe way rather than trading. If we own small amount of capital, we should learn to be patience. I really take time to get a big profit rather than people that have huge capital, a small pump can easily gain the huge profit.
Even it's just buy low sell high, we must also know when to buy at the right time or to sell. In my opinion, it doesn't matter if I sold them quickly then continue to pump. I'm just proceed to other trade that can give me another profit. Best time to sell is when the price breaks the all time high, then wait for the correction and buy again especially today is the time when tokens breaks their all time high because of bullish market.

[ice098]

A smart trader with extensive experience will unequivocally tell you, that it is impossible always buy at the very bottom and sell at the very top of the market. It is impossible, even knowing technical analysis perfectly. It is much more important to take a small section of the distance and make money on this movement.

We may prefer this buying low price and selling at high price a simple technique or should I say a basic strategy to earn a profit from crypto or from trading but to be honest this simple thing that we ought to think is simple was not really used or being useful in real life. Like for example, buying bitcoin at the lowest price of $3,000 way back 2018 and selling bitcoin to $54,000 today isn't really possible. I mean it takes time to buy low and sell high. It cost you time and it really need to have a patience to be able to do these action.

[jaberwock]

We may prefer this buying low price and selling at high price a simple technique or should I say a basic strategy to earn a profit from crypto or from trading but to be honest this simple thing that we ought to think is simple was not really used or being useful in real life.

That is because nothing will be helping us exactly to find out where is high or low is happening. It means we need to assume ourselves at some point one price level could be a high or low and then we need to trade along that. Actually technical analysis are helping us to find out high and low. So, when we are good at technical analysis then we can easily make profits.

When market conditions are suddenly changing, those high or low levels also accordingly changing and this is the reason why technical analysis are sometimes getting failed.

[taufik123]

Buying Low and selling high may seem simple, but trading won't be that easy.
It doesn't matter how to buy low and then wait for the price to go high. The main role is psychology when trading. psychology when trading will continue to play. The buy low sell expensive strategy will no longer apply if the psychology begins to become unstable and panic easily. In fact, it will reverse, namely to buy high sell low.

Trading requires good psychology and basic lessons about trading, namely technical and fundamental analysis. Without that, of course, trading will not go well.

[Rengga Jati]

How do you define"buying low and selling high"?
At what rate it will be?
Well, actually as you said that it is not as simple as we think about buying low and then selling high. How if the price is going down again and again?
That is why we cannot define exactly that the price is at the dip and we may be also not fully exact that the price is at the top.
commonly, we can buy it at a certain price and then selling it at a certain price, with several percentages of rising. However, we cannot also determine easily whether the price is suitable to buy. That is why it needs fundamental and analysis technical to make it more sure. I don't say that those analyses will make 100% true predictions, but at least they can be used for certain considerations.

[Distinctin]

Trading couldn't be just an imagination but it is a need more on executions. Buying Low and Sell at High...pretty easy, right? But wondering why many we're still not able to get it and earn profit with that strategy? That might probably because they are too careless and impatient person. And this kind of behavior will bring you down and helps you nothing. If we are going to succeed, we have also to follow our plan and that is to sell high, not in panic.

[MCobian]

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.

I don't think it's too difficult to buy coins at a low price and sell them at a high price. To buy coins at a low price, I usually wait for the coin price to drop
above 20%. And I will sell the coins when the price has gone up above 10%. The most important thing is there is no need to be greedy to make profit
in cryptocurrency, because for me there is no need to generate large profits, the most important thing is that we can generate profits on a regular basis,
it is very good. I am sure everyone has a different strategy, no matter what strategy is used, as long as it is proven to be profitable it's already very good.

[Rehan Zakir]

This is the best technique of earning in market. A very popular proverb is " Buy when every one is selling and sell when everyone is buying". But if you are a day trader then takes small trades and use RSI indicator for buying and selling. And buy when RSI is on 20% and sell when RSI is on 80%.

[cyriljundos]

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.

Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you  higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading

[Alucard1]

Buying low and selling high is not simple as that, we don't know if this is already enough value to sell or enough value to buy that is why there are still a lot of people whos not getting rich with cryptocurrency, that is not simple like that,  the best thing to earn huge profit from investment is holding for a long term that is much advisable than just selling right away once the price of bitcoin goes higher a little bit.

[RealMalatesta]

Buying Low and Sell at High...pretty easy, right? But wondering why many we're still not able to get it and earn profit with that strategy? That might probably because they are too careless and impatient person.

Yeah, most of the traders are not patience enough; they want to just enter and exit with profits. But, people who care to enter through technical analysis are able to exit with profits. Trading is all about how you are approaching it, otherwise just by clicking enter/exit randomly, everyone might have become richest.

The buy low sell expensive strategy will no longer apply if the psychology begins to become unstable and panic easily.

If you are not psychologically stable then you cannot get lower prices to enter and higher levels to exit. Because, I have seen lots of traders are missing good higher levels due to being greedy. If you are getting panic again you will miss good opportunities without entering with them.

[Mauser]

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.

I think this is what everybody tries to do, buy low, sell high, but the timing is very difficult in todays markets. Determining what is the best moment to buy or sell can be very very frustrating. That is probably also why so many people are looking for Technical Analysis and Chart Analysis. Personally I like to look at the moving average over the last 10 - 60 days and try to determine a bottom like that if there is change between them then it means there is either a big upwards or downward trend happening. Unfortunately this analysis is always backward looking, so I will never get the perfect spot to buy or sell, always a few days behind.

[ipanks]

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.

Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you  higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading

Choosing the right coin is difficult because that will depend on analyzing the coin from so many coins on the market. Many of us choose the wrong coin because we do not really analyze the coin but follow what other people suggest. The techniques of buying low and sell high are basic, but there will be other things that we should learn when we can enter the market.

[tvplus006]

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. ...

If you are late with the purchase of a coin at a low price, do not worry, because the market offers unlimited opportunities. In this case, you need to choose another coin for investment, which is currently at the bottom and has a chance to start an upward movement. And as for the sale of the coin, then you can not miss the opportunity to sell on high and for this you need to use a stop loss.

[Mahanton]

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.

Basic technique buying at lowest price and will sell it higher, these technique is simple but effectivw. But choosing the right coin would be mean a lot. Choosing the right coin will get you  higher profit if you. You can also learn other techniques,read graphs so that you may be efficient in trading

Choosing the right coin is difficult because that will depend on analyzing the coin from so many coins on the market. Many of us choose the wrong coin because we do not really analyze the coin but follow what other people suggest. The techniques of buying low and sell high are basic, but there will be other things that we should learn when we can enter the market.

Choosing alone would already be a pain in the ass because of all the coins that we do have in the market then it doesnt mean that you had precisely predicted on what will happen ahead.
Buying is simple but selling would be questionable because you dont know if the price would really be heading up into your entry point.If yes then its a good call but if it dips
then t hats considered as a bad decision and this is where stress and anxiety would be felt which is normal.This is why we should really be aware on how this market works.
It might be simple as it sounds but when you are already doing it then thats an another story.

[DoublerHunter]

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.

^ Definitely right, because there is no accurate time frame that you can predict when it will going to down and when it will going to up. Everything is unpredictable in trading since crypto price movements are not predictable. Probably if the BTC price will drop 75% from the previous price, probably that is a good sign to invest. Because if you determine the point of buying in a low and sell at a high price in a short period of time, I think you will not able to do it. Nevertheless, you can do this by simply determining the profit you have, once you have gain a profit of at least 50%, you can sell it at that price or hold furthermore.

[Furious 7]

Buying low and selling high is not simple as that, we don't know if this is already enough value to sell or enough value to buy that is why there are still a lot of people whos not getting rich with cryptocurrency, that is not simple like that,  the best thing to earn huge profit from investment is holding for a long term that is much advisable than just selling right away once the price of bitcoin goes higher a little bit.

If it's that simple, maybe we already know, but are we for the long or short term? if it is an only investment then, of course, it is the long term that is chosen, but nowadays many of them are only short-term trades when there is a slight increase then they will sell it so that the technique in this case winning is necessary considering the direction the market is going to go well, there we have to understand how to use some methods that are necessary at that time.

[Quidat]

Buying low and selling high is not simple as that, we don't know if this is already enough value to sell or enough value to buy that is why there are still a lot of people whos not getting rich with cryptocurrency, that is not simple like that,  the best thing to earn huge profit from investment is holding for a long term that is much advisable than just selling right away once the price of bitcoin goes higher a little bit.

If it's that simple, maybe we already know, but are we for the long or short term? if it is an only investment then, of course, it is the long term that is chosen, but nowadays many of them are only short-term trades when there is a slight increase then they will sell it so that the technique in this case winning is necessary considering the direction the market is going to go well, there we have to understand how to use some methods that are necessary at that time.

Dealing with price which do actively moves isnt something that can easily be handled up but its possible if you do really pursue on and also you are right that its up to someones choice neither we do decide for short term or long term because not all would really be able to do so on doing that simple technique of buy low sell high but rather choosing on simply holding because they do know the potential of certain coin specially bitcoin and other
top altcoins in the market.Nothing is simple when it comes to methods because if its actually simple then most traders now are doing scalping in a short span of time since they do already know the ways
but dealing with reality then it isnt simple as it sounds.

[gabbie2010]

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.

The main indicator I often use for profit taking is usually RSI once price reach over 70 overbought region I sell and take profits or attimes when I had already earned the profit based on my risk to reward ratio I closed my trade, while I also  buy at oversold zone though  I  always watch out for candlestick patterns or Price Action before buying all these techniques requires constant practising especially when buying at dip or the peak the trader has to be extra careful to avoid massive losses or price draw down.