buying low and selling high

[blockman]

They're going to say that they wanna buy but still no action is being done. They're all talk and that's why they need to think of it again if the price is right today.
But when the market starts to recover again after these dumps, they'll have the thinking again that they should have bought already. It's a repetition of thinking that will never take an action.

This is fact!

Some are saying that it is really time to buy but in reality they are included into those people who are just still hesitating on doing such action because they've been still scared and hesitating on doing such
action.Its true that its never been simple on making buying decisions specially on a declining market but until when you would decide on doing so?

Bear markets are the sweetest spot or situation/condition which you could really eventually make some good decision on accumulation because the market couldnt
really be just having red market forever but there would be a time comes where greens would be next.

I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.

[1714561946]

1714561946

[n0ne]

I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.

People wait until the end. Even when the price have fallen beyond the prediction looking for a much lower price. Finally unexpected market bounce happens and feels regret of missing the chance. This is how bitcoin investment from the layman is happening for a long. This is all because of the mind that wants more.

[redsun114]

Yes and why not? Spot trading inside a crypto exchange is much better than buying low and selling high inside a crypto wallet that has its own built-in exchange as they can charge more fee and then they are limited in terms of functions but if you do a spot trade inside a crypto exchange you can be able to use some tools like a pro which could greatly improve your trading performance.

There are other trading variations other than spot trade but I think most of them are hard and they are really not recommended for a newbie so if you are just a starter it would be better to improve your skills on spot trade first before jumping on them.

[Mr. Magkaisa]

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?

-   Based on my experience, I started with spot trading. This was my training ground on how I learned to trade cryptocurrency. And this is where I got the idea or understanding of reading candlesticks, and other tools used on the exchange platform.

Now, there is Future, Margin, and leverage trading, correct me if I'm wrong, but for me, it's a bit confusing for a beginner who is going to start or enter crypto trading right away. Newbies should start with spot trading, this is just my opinion and I don't know if others have better advice to give you.

[Mr.right85]

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?

The idea is always about what works right! So yeah, I the profits no matter how small is consistent and commensurates with the risk of constantly being online, making analysis, winning more than you lose, it could be worth every time spent in the market.

Based on my experience, I started with spot trading. This was my training ground on how I learned to trade cryptocurrency. And this is where I got the idea or understanding of reading candlesticks, and other tools used on the exchange platform.

Spot trading is about the simplest trade one can engage in. Either you get to work with the market price or you set your buy or sell order at a price of your choice and it activates when hit. Your analysis and patience makes all the difference here so, you've got to be ready to wait on your predictions to come through.

[CryptoYar]

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?

Buy a coin and hold it for days or few weeks and sell it and book profit when the price goes up. It sounds simple but it is not. It often happens that the token falls below the buying price which will force you to hold for a long time.
Therefore, you should either learn technical analysis or your plan should be long-term.
If you learn even the basics of TA you'll know where to buy and where to sell. And most importantly where to place your stop loss.

[$crypto$]

Before someone people buy coin currently they do examine the chart and especially the regulations of a candle sticks to check the movement before buying. Because you can believe that because of coins is falling and when you buy now and hold for short term you will sell with higher price, no. Coin you buy this year can experience bearish through out the year.

But for other to succeed in your investment you have to watch the chart consistently. Because having the plan that if you buy and you sell at higher price. It's real but you have study the chart and know when cryptocurrency is having a good courage in the market. I know that expectations of any investor is to buy at lower price and sell when the price is higher

Checking the chart is important to analyze the coins to buy I think trading requires strong analysis and makes it easier for us to understand how to read the movement of coins at least we know when to buy and when to sell.

Saying buy low sell high is easy but it's still hard to pinpoint our buy placements and I think the average day trader does this they will definitely regularly check the chart movement to determine the direction of the coin.

[blockman]

I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.

People wait until the end. Even when the price have fallen beyond the prediction looking for a much lower price. Finally unexpected market bounce happens and feels regret of missing the chance. This is how bitcoin investment from the layman is happening for a long. This is all because of the mind that wants more.

That's greediness. Being greedy at ATHs and as well as ATLs, that's what people are trying to make and that's not going to solve the matter of what they're waiting for.
We always look for a better high as well as a better low. It's not going to end with what we're expecting and that's why unexpected decisions are what we do.

Saying buy low sell high is easy but it's still hard to pinpoint our buy placements and I think the average day trader does this they will definitely regularly check the chart movement to determine the direction of the coin.

They have to figure it out because they rely on the market on a daily basis, unlike the investors and holders. Yes, it's easy to say that buy at the time time and sell when it's high but that's when many are becoming confused on when they see the low price and starts to think lower.

[blue_hurricanger]

If you have general outlines of why it going to increase the price then I advise you should do future trade instead of just buying low and selling high. Honestly, if you can manage your risk of liquidating, go for lower than 5x leverage and never more, your return of profit from future trade will be much better.
Buying low and selling high only when you don't know if it will bound back in the short term. Basically, you're holding on the long term.

[ginsan]

There are several types of traders
  -Buy high sell high means One can take advantage of the pumd situation when a coin is experiencing a bullish period and usually someone will take profits in the short term, but this type will tend to have a fatal risk when the market situation changes rapidly ( maybe beginners are not advised to use  this type)
  -Buy low Sell low (This is also often done by beginners where they choose a coin that is having a Bearish trend which in their opinion has reached the end point of a decline but at one point the coin has fallen deeper which can make the buyer tend to experience the choice For CL.)

  And I prefer to buy with the DCA strategy where you can make purchases once a week and it is safer if you apply in the long run.

[Bazzu]

the words buy low and sell at high prices, we often hear that but when in practice it is very difficult, because of course it is not as easy as what is said, sometimes even experts in crypto trading sometimes get fooled when trading. because the crypto price cycle is difficult to predict, but there are also many people who are experts in crypto trading so they continue to make profits but they also often fail at first. so the most important thing in my opinion is to seriously study crypto trading. so we will benefit from crypto trading results.

[Munir575]

If you wish to invest in cryptocurrencies, do so right away because they are a type of coin or currency that typically rises and falls with the seasons. Anyone who wishes to invest in Bitcoin should thus focus on its methods because, in my opinion, if you happen to be aware of all of this and Bitcoin falls, and you buy at a lower price when it rises, you will make a sufficient profit.

[pgbit]

Many people say that the price starts to go down from where they buy the crypto and when they sell the cryptocurrency  the price starts to go up.First of all, you should know the definition of price, what is the definition of high price and what is the definition of low price.Each exchange has two prices, one for the top gainer and one for the top loser.If a coin is 25% loser today, maybe yesterday it was 50% gainer. And today it fell 25% to become loser. But still it is 25% higher than its normal price.If you buy it here, it might drop 15 to 20 percent more, so you will lose.You have to watch out for such things.The time to buy is when the market stabilizes after falling. Never buy crypto in a falling market.Often the market is stable even after pumping. Don't buy there.A bullish market should also know when coin prices are moving higher. Prices are higher for those who bought at the bottom.And when the market is bullish, it is the right time to sell.After the price of any currency falls, when it starts moving sidewaves, then you should buy and when the price stabilizes after increasing, you should sell. This way you will always be in profit.

[LastKiss]

the words buy low and sell at high prices, we often hear that but when in practice it is very difficult, because of course it is not as easy as what is said, sometimes even experts in crypto trading sometimes get fooled when trading. because the crypto price cycle is difficult to predict, but there are also many people who are experts in crypto trading so they continue to make profits but they also often fail at first. so the most important thing in my opinion is to seriously study crypto trading. so we will benefit from crypto trading results.

I agree sometimes when we want to invest and we are confident that our investment will go up but in the end we use that money because something emergency happens. It's hard to hold for long time if we didn't use the money that we can afford to lose. And mostly we fall to FOMO because many people tell us to buy this coin or that coin but we didn't learn first about the project for the long term.

[LUCKMCFLY]

yes is good practice and will be useful suggestion, here is an amazing thing for those who wishes to get profit as if they purchase during dipping and will sell it out during cheered cost. Spot trading is little bit good but focusing is needed, you can also do as to clasp up tokens and not get rid of it until you think it is now able of give you superb returns.

The spot market is just like our regular buying and selling of coins without much risks. The market is bear now and we can still make profits from the market in respective of how the market choose to move. Spot market is less risky with low chances of making golf profits.

The future market is another way to earn but with higher risk that could make us lose all out holdings if we don't know what we are doing. The market is there for us and we can always get .ore skills to be able to trade the market very well without much risk and stress.

One of the fastest ways to earn is with the futures market, actually I don't get involved with futures because I don't have much skill, the trading that I have done more than anything is in spot mode because I know that if the market it goes against me at some point in history, I know I will get that money back, because just leaving a good sell order with a net profit is enough, but not in futures, if in futures the market goes against Well, everything is lost, or what we have destined at that moment, it is something violent, but it happens, of course if you win, you also win big, I don't know, but I see this style of trading even safer than entering in a casino.

[CapGelatik]

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?

buying low and selling high of course requires an analysis in order to determine that,
because without being able to do chart analysis it will make you like playing gambling, 100% gambling,
because indeed in crypto currency without chart analysis, support, resistance and indicators you will totally inconsistent, high volatility makes crypto very risky.

[Fredomago]

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?

buying low and selling high of course requires an analysis in order to determine that,
because without being able to do chart analysis it will make you like playing gambling, 100% gambling,
because indeed in cryptocurrency without chart analysis, support, resistance, and indicators you will be inconsistent, high volatility makes crypto very risky.

For you to be able to know if you're on the right track when buying or selling, you have to be fully equipped with knowledge about the basics of technical analysis and trading fundamentals. That will serve as a guide for you to make the right decisions on whether to sell or buy. Trading without basic knowledge has huge risks and there's a big possibility that you might lose everything you have in just a single click. Trading is too challenging but you could make things easier if you are knowledgeable about what you are doing.

Trading is challenging and not a scheme for quick access to success. There are fundamentals and influences that's needed to understand before you can push your way to success. If you have lots of time and you are willing to learn more, buying low and selling high can be achieved. It's more on your personal knowledge and understanding that will lead you to be successful in this type of investment. Without it, you are risking your investment so before to invest with time in learning things before positioning your investment.

[alik111]

It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.

[Slow death]

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?

buying low and selling high of course requires an analysis in order to determine that,
because without being able to do chart analysis it will make you like playing gambling, 100% gambling,
because indeed in crypto currency without chart analysis, support, resistance and indicators you will totally inconsistent, high volatility makes crypto very risky.

even using technical analysis, it is also necessary for the person to pay close attention to the times of each candle, for example to day trade with 15-minute candles in this cryptocurrency market, one can spend hours on the computer and have little profit and at the end of the month only have regrets, while if you choose 1H, 4H or even 8H candles and buy on support and place a stop-loss and let the price go up a lot and then sell if there is a trend reversal to the downside, it is more profitable and has less pain at least that's what I've noticed over the years that I'm in this market

It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.

after the disaster of certain altcoins I stopped trusting altcoins, I only use LTC for gambling, but I use BTC for trading, even if a project is good, there is still the risk of the creator disappearing or doing some shit that harms the project and make the price drop to zero

[Vaskiy]

It's a good practice and much profitable too but we need to be sure about the coin's future. Because without a good project we can't make money by this way. Because there's a chance to dump hard if the project isn't good.

This is the simplest form of trading, but the same won't be successful all the time. To make this format of trade successful we need to have patience and our trade always takes time for execution. Most of the time my choice is to buy low and have the target set for selling. The target gets reached in a day or it can take weeks. I used to wait for that.