buying low and selling high

[Mahanton]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

Buy low sell high, this is what everyone wants, not only for newbies but also experienced traders. It's easy to say, but it's not as easy to put into practice as we think. But starting with spot trading is a good thing and should be encouraged, start with spot trading and combine it with knowledge, so we learn and practice will bring good results for us. Spot trading will also have losses but the risk is not as high as futures trading, if wrong we can try again from the beginning without losing too big.

Buying low and selling high doesn't sound as easy as others think. There are still things that have to be considered and risks that have to be faced. Spot trading will be a good practice but a beginner should learn how to deal with the risks of trading first. It isn't as profitable as others think and there will always be losses that may come along our journey so we have to be firm and have the eagerness to do continuous learning.

Its never been easy and you would be finding out for yourself whenever you do able to experience for yourself on how this market moves or on how volatile it is.Buying low selling
high might be that simple but when you are on the actual condition then it would never been easy.You would be surely be confused on when you would be buying and when you would
be selling.Of course we would really be minding off on about the possible peak or bottom price so that we wont really be  regretting towards our decisions and maximize out
profitability as much as we could.

[Xampeuu]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

Buy low sell high, this is what everyone wants, not only for newbies but also experienced traders. It's easy to say, but it's not as easy to put into practice as we think. But starting with spot trading is a good thing and should be encouraged, start with spot trading and combine it with knowledge, so we learn and practice will bring good results for us. Spot trading will also have losses but the risk is not as high as futures trading, if wrong we can try again from the beginning without losing too big.

Buying low and selling high doesn't sound as easy as others think. There are still things that have to be considered and risks that have to be faced. Spot trading will be a good practice but a beginner should learn how to deal with the risks of trading first. It isn't as profitable as others think and there will always be losses that may come along our journey so we have to be firm and have the eagerness to do continuous learning.

what becomes our difficulty is usually when the price drops, whether it is already a low price or not, and things like that make us afraid to buy it. therefore it would be better if we have drawn our strategy to predict the market journey, so that we have the possibility of price entering the support area to make a purchase. if it turns out that the price is back down, then we can wait at the next support area to make a purchase. so I think the thread title has a broad meaning

[BobK71]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

This task seems very easy but it is not easy. There is always risk involved so it is best to invest with time and patience. Traders have an idea of how to buy their particular coin at a low price and then sell it at a slightly higher price. It is a routine task of a trader. But sometimes he may have to wait for a long time to buy at a low price. Because low prices are not always available. This requires a trader to purchase assets based on both market analysis and market trends.

[GeorgeJohn]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

One thing i noticed in cryptocurrency is that if you have your funds and you are not interested of having lost in crypto investment you will definitely calculate the duration when you will sell your Bitcoin when the price is low and when the price is high. People sell their Bitcoin depending the calculation of their profit they made and the time they invested in bitcoin. So the best time to sell your Bitcoin is when you have calculated the amount you purchase and see the current price of Bitcoin and draft out your profit.

[TheUltraElite]

Spot trading is the safest way to trade but you still need to have a lot of strategy to avoid loses specially this bear market. Buy low, sell high is the common strategy in trading but you should learn other tactics everytime you trade. Market is volatile and trading is not easy as what you think.

Buy low and sell high is the basic for spot trading. Majority of newbies can't do this properly let alone think of other methods like short selling. With this single method and good amount of patience one can make money slowly but gradually.

What does not work is the patience because most newbies are going to lost their cool and look for quicker methods to make money like futures and gambling. This is also fuelled by the fact that many people take loans to start trading.

Patience and perseverance are two important aspects in any such sphere of life. Be disciplined and your gains will be constant even if small.

[Hamza2424]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length.

[Solosanz]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length.

The first thing you need to know is don't mix investment and trading since both of them are completely different.

There's no such do spot trading by doing long term investment, long term investment is holding on your own non custodial wallet, not hold on your centralized exchanges (spot trading). Holding Bitcoin for long term would make you earn huge money, but holding shitcoins for long term either make you become rich or rekt. It's really risky and not recommended to hold shitcoins.

[carlfebz2]

is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?

this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length.

The first thing you need to know is don't mix investment and trading since both of them are completely different.

There's no such do spot trading by doing long term investment, long term investment is holding on your own non custodial wallet, not hold on your centralized exchanges (spot trading). Holding Bitcoin for long term would make you earn huge money, but holding shitcoins for long term either make you become rich or rekt. It's really risky and not recommended to hold shitcoins.

So it do particularly means that it would really be depending on someones risk taking or management since  we do really differ on that particular manner and this is why it would result into different outcomes too.

Buying low and Selling high might not that sounds simple but when you are on the actual situation then it would be an another story and this is the main reason on why people do ending up on holding just because
they cant able to bare up the risk or volatility.Speaking about non or custodial wallets then it would be just needing up some common sense for you to identify out on whats their main difference.
Basing up with security then its obvious that storing up our coins on wallets which we do possess the keys is always been suggestable.

[GeorgeJohn]

Its a very simple system an any cryptocurrency are listed in two exchange some time one place price and another price are Change so a people buy a low and they sell these are another exchange that is buying low and sell high system.

I did not comprehend you well, but what i want to emphasis base on your comment, is that no investor who is not suppose to think higher towards investment, right away the expectations of every investor is to ensure that it succeeded in making profit in any of it's investment. So every investor like buying low and sell at higher rate to make profit. So that is the primary concern of any investor.

[Duzter]

Its a very simple system an any cryptocurrency are listed in two exchange some time one place price and another price are Change so a people buy a low and they sell these are another exchange that is buying low and sell high system.

Such differences can be seen very rarely and with very few coins this'll happen. In the past when exchanges operated within a specific region or within a country this had been there. Now what we have for trading practice is different. The Exchanges were universal and have the common price. In the past there were people who have been making good money buying it in one country and selling on the other country.

[Silberman]

Its a very simple system an any cryptocurrency are listed in two exchange some time one place price and another price are Change so a people buy a low and they sell these are another exchange that is buying low and sell high system.

Such differences can be seen very rarely and with very few coins this'll happen. In the past when exchanges operated within a specific region or within a country this had been there. Now what we have for trading practice is different. The Exchanges were universal and have the common price. In the past there were people who have been making good money buying it in one country and selling on the other country.

Arbitrage opportunities still appear from time to time but what happens is that they last a very short amount of time, and this is the case because there are many people that are looking for those opportunities and are using bots to do so, so no human can compete for those opportunities anymore since those price differences can disappear in seconds, and if to this we add you need a lot of capital to do something like this then it is easy to see why this is not a popular way to trade the markets among the average traders.

[adzino]

It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

[xSkylarx]

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

Then it's still buying low and selling high. Of course you don't want to sell at a loss so you definitely hold the crypto you've bought for some time. If you meant holding for many years and selling when it's bull run, then building a portfolio could take some time.

Since op said only by using few dollars then that very basic way of trading is enough and I think it's not really impossible to build a crypto portfolio if you can do it consistently. Some newbies I see in social media groups trade that way. But if you plan to increase your capital in trading, it would be better to learn some techniques like being able to perform a technical analysis.

[andriarto]

It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation

[Hamphser]

It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation

Yes, its easy but there are people whom do able to throw and put up some on riskier trades or investment or paths which we know that it could really give out that kind of chance on making profits on shorter time frame compared when you do just simply decide on making some holding.

Buy low and Sell high might really that simple to hear up just like on what others been saying or even us would really be having that kind of impression but doing it honestly is the toughest thing to be achieved.
Just go on things which you do see that it would really be that effective for you to deal with specially with investment or trading.

[hashrateproducts]

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

Buying low and selling high is one of the best strategy a trader can apply towards the market and it's general but it should be done wisely inother not to try to get caught up with the market dumps and pumps. Some traders are running losses anytime the market is reacting to green candles because they short it with futures trading while some traders are happy because they long it with their futures account. Buying low, selling high always come either by been a P2P verified Merchants or just trading with the market, but either way, these are essential and profitable to the ones pertaking in it.

[Shasha80]

It sounds very easy to say buy "low" and sell "high" when trading. If it was the case, everyone would be doing this and everyone by now would be very rich. But that doesn't happen because you can't always execute your trades accurately. You might buy low, but the price might go even lower, so you should either cut your losses and continue what you are doing or hold your coins.

But it is easier to do this if you are willing to hold. Buy low, hold and sell when the price is high. Keep on repeating.

it is easier to invest than daily trading with short time frames. when we invest maybe we can apply buy low sell high, because if the price goes back down, then we can buy it again and hold it until we get a profit. but this will be safer for top coins, where even if there is a decline, later it will not be able to rise again, it is different for many new coins that are difficult to reach new ATH again, even many are abandoned by investors and eventually disappear from circulation

Yes, its easy but there are people whom do able to throw and put up some on riskier trades or investment or paths which we know that it could really give out that kind of chance on making profits on shorter time frame compared when you do just simply decide on making some holding.

Buy low and Sell high might really that simple to hear up just like on what others been saying or even us would really be having that kind of impression but doing it honestly is the toughest thing to be achieved.
Just go on things which you do see that it would really be that effective for you to deal with specially with investment or trading.

The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.

[Rigon]

Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.

[Altryist]

The common strategy when trading crypto is to buy at a low price and sell when the price is high. The problem as you said is not easy to do it,
because it turns out to be quite difficult to know the lowest price of the coins that we will buy. We must often experience when buying coins
that the price is already low, it turns out that the price is still lower. If that's the case, don't panic, just hold the coins we have until the price
goes up. Likewise, when the price of the coins we have bought suddenly pumps, our greed often appears, so we sometimes skip selling coins
at high prices. Even though we should sell according to the target we have set. That's why it takes a long time until we can finally become
successful traders, because we need to make mistakes first, in order to know how to trade properly.

If you don't rush to sell when the decline continues and don't sell when there is not much profit, then this can be a long-term trade, or you can even become a holder. Waiting for the best price to buy can be tricky, I agree, but if you don't go by the guesswork and learn to analyze charts, then it gets a little easier. Trading is not an easy work, and there is no one working strategy for everyone, everyone must find their own.

[rozak]

Trading platforms should always work with this principle.Always aim to buy low and sell high.Trading platform should never be in a hurry and always keep a cool head and take time to trade.Those who hastily bought at higher prices are the ones who fell off the seat from the trading platform. Always use the buy low and sell high strategy to make the most of this strategy.

high or low prices all depend on the planning made. Such principles are widely used for short-term investors. This can be done by taking advantage of market fluctuations. sounds easy but I'm sure it's quite difficult to do for a beginner.
it will be difficult to apply in daily trading, because in daily trading, sometimes we also have to place buy orders and sell orders at the same time. some traders may use this method.