Buy low, Sell high?

[kawetsriyanto]

As far as I know the main goal of a successful trading is to sell when the market is rising and you are buying when the market is down.

IMO, it is not the main goal, but the basic principle to trade. Although it is the basic principle, it is always hard to apply. When we are buying, we mostly don't know if the price will increase in the near future. We may have a prediction, but what happens is not always as we expected.

However, another important point is that the cryptocurrency you have invested in should not be sold in the entire market but should be left for some market analysis.

What do you mean? Do you think every coin we buy, we should keep a half?
I mostly sell all the coins I have bought when they meet my target for selling. I never keep some because I think we can buy again when the correction comes. So, no worry to have again the coins, there should be many chances to buy again.

[Wong Gendheng]

All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.

[Dollar_Hunter]

All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.

The market is difficult to predict its movement and we need to analyze it,
to make the right decisions both when buying and selling is certainly not an easy thing and I think analyzing it will help,
besides that it is important to make a target first and in trading we don't be greedy

[Sebas.tian]

It is something difficult to buy at high price and is not sound good as well because you know that if you buy att high price and suddenly and unfortunately the market value become down so it will destroy the overall  money which you have put into it so i will recommended that you always buy the coin when the price is low because there is a hope that it will go up sometime but if you buy at already high price then it will be very difficult for you  to return back to initial condition after failure.

Exactly, purchasing your coin at high price will not make you comfortable when the price decrease more at the moment because you purchased at the wrong time. Most of the professional traders buy coins when the price is low in the market and hold to watch when the price of the coins will increase higher before they can sell to make a huge amount of profits from the market. Buy when the price is low in the market is more favorable than buy when the price is already high in the market which is not advisable to traders who want to remain in profit making in the community.

[nur rochid]

It is something difficult to buy at high price and is not sound good as well because you know that if you buy att high price and suddenly and unfortunately the market value become down so it will destroy the overall  money which you have put into it so i will recommended that you always buy the coin when the price is low because there is a hope that it will go up sometime but if you buy at already high price then it will be very difficult for you  to return back to initial condition after failure.

Exactly, purchasing your coin at high price will not make you comfortable when the price decrease more at the moment because you purchased at the wrong time. Most of the professional traders buy coins when the price is low in the market and hold to watch when the price of the coins will increase higher before they can sell to make a huge amount of profits from the market. Buy when the price is low in the market is more favorable than buy when the price is already high in the market which is not advisable to traders who want to remain in profit making in the community.

the question now is where the price is low and where the price is high. when viewed from ath bitcoin in 2021, it is currently a low price, but when compared to ath in 2017, it is currently a high price. I usually use fibo to draw a line to determine buying areas, I think the 50-61 area is a good area for buying and will release it at the top of ath, and I think that is enough to make a profit. or sometimes I let go of some and I still hold on to the rest, that way we can keep our minds calm

[Ultegra134]

All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.

The market is difficult to predict its movement and we need to analyze it,
to make the right decisions both when buying and selling is certainly not an easy thing and I think analyzing it will help,
besides that it is important to make a target first and in trading we don't be greedy

Certainly, it's highly volatile and unpredictable, however, there are a few signals you could potentially spot. Definitely, nothing is guaranteed, and every move involves a high risk percentage. For instance, during the last bull market, in which Bitcoin surpassed $48.000, was a perfect opportunity to sell and purchase again when it crashed, obtaining more Bitcoin in the process.

[Fredomago]

All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.

The market is difficult to predict its movement and we need to analyze it,
to make the right decisions both when buying and selling is certainly not an easy thing and I think analyzing it will help,
besides that it is important to make a target first and in trading we don't be greedy

Certainly, it's highly volatile and unpredictable, however, there are a few signals you could potentially spot. Definitely, nothing is guaranteed, and every move involves a high risk percentage. For instance, during the last bull market, in which Bitcoin surpassed $48.000, was a perfect opportunity to sell and purchase again when it crashed, obtaining more Bitcoin in the process.

You need to be in a watch with how the market behaves if you want to sort the market, it's not easy but very doable there are types of short-term traders who work this way and they are really making a decent amount of money doing this kind of strategy. You have to look for any available information and anticipate the market movement.

By doing so, you are watching the crashed and how it will bounce back to favor your position.

Make sure that you have a heart of steel before using this strategy. Most of the time, even you think the market is already
down there's a still chance that it will dump more.

[Quidat]

All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.

The market is difficult to predict its movement and we need to analyze it,
to make the right decisions both when buying and selling is certainly not an easy thing and I think analyzing it will help,
besides that it is important to make a target first and in trading we don't be greedy

Certainly, it's highly volatile and unpredictable, however, there are a few signals you could potentially spot. Definitely, nothing is guaranteed, and every move involves a high risk percentage. For instance, during the last bull market, in which Bitcoin surpassed $48.000, was a perfect opportunity to sell and purchase again when it crashed, obtaining more Bitcoin in the process.

You should set particular goals or targets so that you could really make profit out of  those volatility and thats our primary mindset on dealing with the market.
It isnt really necessary to go for long term if you could really utilize these movements on making profits in short time.Sometimes intuition and luck would
really play a great role on this career.It is really just needing some analysis and some considerations before you do make out some on point decisions.

[Ultegra134]

All traders certainly hope to buy low and sell high, unfortunately this is difficult to achieve, we never know whether the current price is low or not, waiting for the price to continue to fall, of course, is not necessarily the case because sometimes the market continues to rise, the best thing we can do is do is immediately buy and sell when the target profit that we planned has been achieved.

The market is difficult to predict its movement and we need to analyze it,
to make the right decisions both when buying and selling is certainly not an easy thing and I think analyzing it will help,
besides that it is important to make a target first and in trading we don't be greedy

Certainly, it's highly volatile and unpredictable, however, there are a few signals you could potentially spot. Definitely, nothing is guaranteed, and every move involves a high risk percentage. For instance, during the last bull market, in which Bitcoin surpassed $48.000, was a perfect opportunity to sell and purchase again when it crashed, obtaining more Bitcoin in the process.

You need to be in a watch with how the market behaves if you want to sort the market, it's not easy but very doable there are types of short-term traders who work this way and they are really making a decent amount of money doing this kind of strategy. You have to look for any available information and anticipate the market movement.

By doing so, you are watching the crashed and how it will bounce back to favor your position.

Make sure that you have a heart of steel before using this strategy. Most of the time, even you think the market is already
down there's a still chance that it will dump more.

That's certainly true, however, I was away from home, the 2FA was on my old mobile device and couldn't access Binance in order to transfer funds from my wallet to the exchange. Definitely, it requires a lot of patience and the guts to basically gamble your own money. I've done it a few times in the past, most of which were successful, however, I did have a large loss on one trade and then stopped trading whatsoever.

[tbterryboy]

it's highly volatile and unpredictable, however, there are a few signals you could potentially spot. Definitely, nothing is guaranteed, and every move involves a high risk percentage. For instance, during the last bull market, in which Bitcoin surpassed $48.000, was a perfect opportunity to sell and purchase again when it crashed, obtaining more Bitcoin in the process.

Signals are basically what we call to indicators hitting certain levels. Like let's say if you see the EMA going to X levels then you could buy. That's what the signals means. In the end if you are not certain about the fact that price could reach to a certain level, then indicators could be a way to confirm your feelings.

However, we should also realize that the best thing we could do is not to rely on these signals alone. Sure they are great to show us where the path could be, but it is not guaranteed that the market will take that path, it's there, it could take it but it is not guaranteed. This is why use them with caution and make sure you do alright.

[shawon01]

It is human nature, of course when market crashing people afraid because actually they don't know where price will stop to dumped. But it is funny, i think only happened in my circle too. When price pumped, some people in my group said that they are late, or maybe they should buy some more before pump happen, but when it is dumped, they said that it is time to take a rest from market which actually they could buy some in that moment.

Until now, people's mindsets haven't changed yet. Perhaps, they are talking that history repeats itself but unfortunately, they still living in doubt and they remain like that forever, I think. Well, they have lost the opportunity. And for us risk-takers, this gonna be our chance. We know that the market will soon pump, buying now is a way to anticipate the next uptrend and wait for the rewards after but of course, we don't have to expect much.

From here on out I haven't been to the market since I was a gambler but when it comes back to gamble I can see that it can not only sell but can control our emotions so if I say here we can definitely test here if not panic  I don't think it's right for us to do that now

[hashrateproducts]

The best thing to do in this crypto space is to buy coins that are in serious dip then sell it when it's pumping. This strategy has helped so many traders in the space. That's what I'm even practicing, and trust me, it's one of the best steps I have taken so far in this space. Mostly coins to buy are shitscoin which cancelled a lot for zeros, and when they cancelled a lot of zeros upwards, you will be in massive profits by then. They are normally one of the basics things that gives you huge profits, give it a try.

[Lordhermes]

Buying or bagging a Hugh amount of cryptos without DYOR ( Do your Research) about the particular coins you are buying, is alone a big risks. Crypto can clear your assets within the space of 1week or a month. Coins dipped and pumped, all these depends on the market. So before going into buying coins, mostly shitcoins, cool down and do a proper research that would take your time and go for coins with lot of zeros. They can make you rich overnight and also they can liquidate your port folio overnight. They have been strong in the space after bagging wakand and Shiba Inu, in the space of weeks I got 6x of my initial capital, although I bought it when it was already pumping, just to wanted to deal with FOMO  ( fear of missing out) emotions. So buy the coin when the  price of the coin is down, then sell it when it's the price increase rapidly in the market. Isn't it simple strategy?

[rhodelmabanal]

Buy low sell high is a good strategy it is simple yet effective. But be sure that if you used this strategy you have a big patience and you also have to understand that crypto is high on volatility. I experience buying crypto at low price when i was a newbie in crypto but still i lost my capital because of fear when the price continue to fall i sell my tokens at loss and i really loss that time. So we still need to have proper understanding and be more patience.

[Luzin]

Buy low sell high is a good strategy it is simple yet effective. But be sure that if you used this strategy you have a big patience and you also have to understand that crypto is high on volatility. I experience buying crypto at low price when i was a newbie in crypto but still i lost my capital because of fear when the price continue to fall i sell my tokens at loss and i really loss that time. So we still need to have proper understanding and be more patience.

Mentally training to be patient is the most difficult step. It is a high level of science if you have mastered then it is very lucky. I think the strategy is not just buying cheap selling expensively. Taking advantage of the moment is the best. So you get a moment where the market is trending up but getting that moment is very difficult.
Today the concentration of the market has been divided very widely, although the volume of increasing in size is enough to make us have to be more careful to get a cheap coin price or the price of the coin will soon rise. So today's market looks more difficult than the market was for 5 years ago.

[91254vvpatel]

I think there is only one reason for this solution. If you want to buy low and sell on high, then Do your research. When you buy coin/token, do a thorough research on it. You need to know when to take entry, check its market value and its potential. Now when it comes to selling you should always sell piecemeal so that you can benefit from a long term investment if you set a certain price and then piecemeal it will benefit you and you will not regret it.

[Hamphser]

I think there is only one reason for this solution. If you want to buy low and sell on high, then Do your research. When you buy coin/token, do a thorough research on it. You need to know when to take entry, check its market value and its potential. Now when it comes to selling you should always sell piecemeal so that you can benefit from a long term investment if you set a certain price and then piecemeal it will benefit you and you will not regret it.

Really that simple to say on making out some research and something like this and like that but when you are on the actual situation then it is really hard to be applied and you would really be thinking if its the right
time for you to get in or make out some position.

You would really be always have that question if this would be the bottom? This would be the peak? As part of trading career then these questions would really be always on your mind.
You do need to react fast or late depending or varying on the situation because market is fast moving.

[perfect999]

Mentally training to be patient is the most difficult step. It is a high level of science if you have mastered then it is very lucky. I think the strategy is not just buying cheap selling expensively. Taking advantage of the moment is the best. So you get a moment where the market is trending up but getting that moment is very difficult.
Today the concentration of the market has been divided very widely, although the volume of increasing in size is enough to make us have to be more careful to get a cheap coin price or the price of the coin will soon rise. So today's market looks more difficult than the market was for 5 years ago.

I believe it is the most curious thing in all of crypto world. We are talking about a situation where it is basically just a situation where you need to do "nothing", and yet so many people fail. You need to literally do nothing and wait for it to drop to a low price, after it drops all you have to do is buy it when it's low and that is your only action then you keep on doing absolutely nothing and you will be doing fine again later on while doing nothing.

The word "patience" means doing nothing, you just have to ignore it, and forget about it and move on with your life and so many people can't do that and lose money or do not earn enough just because they fail to do nothing.

[Fredomago]

That's certainly true, however, I was away from home, the 2FA was on my old mobile device and couldn't access Binance in order to transfer funds from my wallet to the exchange. Definitely, it requires a lot of patience and the guts to basically gamble your own money. I've done it a few times in the past, most of which were successful, however, I did have a large loss on one trade and then stopped trading whatsoever.

The outcome is not always going to favor our position, Us traders must understand that we are here to try our best making decent profits, though the market is unpredictable and most of us only rely with how we purely understand the business, if you can take or if you can handle the pressure, the chance of making a good amount of profits will always be there, the cycle will continue and even you lose some money if you'll try to enhance your strategy the chance of recovering will be the next thing that may happen to your investment.

Always have a good positive view. It will change your mindset even you suffer from some mistake that results from losing portions of your fund/capital. You will learn from that experience and it will solidify your strategy.

[Oilacris]

That's certainly true, however, I was away from home, the 2FA was on my old mobile device and couldn't access Binance in order to transfer funds from my wallet to the exchange. Definitely, it requires a lot of patience and the guts to basically gamble your own money. I've done it a few times in the past, most of which were successful, however, I did have a large loss on one trade and then stopped trading whatsoever.

The outcome is not always going to favor our position, Us traders must understand that we are here to try our best making decent profits, though the market is unpredictable and most of us only rely with how we purely understand the business, if you can take or if you can handle the pressure, the chance of making a good amount of profits will always be there, the cycle will continue and even you lose some money if you'll try to enhance your strategy the chance of recovering will be the next thing that may happen to your investment.

Always have a good positive view. It will change your mindset even you suffer from some mistake that results from losing portions of your fund/capital. You will learn from that experience and it will solidify your strategy.

Outcome is indeed not assured as always because this market is always been unpredictable and totally random which no trader would really be having that 100% assurance on making profits

even professional or veteran ones on this market.Buy low Sell high concept or strategy might sounds very that simple but executing it on reality wont really be that simple.

WE do have lots of considerations before making such decision which could really be affected with some factors which you should really be that mindful.