Buy low and sell high is very tough

[twitchtver]

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

Yes, this is really difficult and no one can accurately predict. So the best way is to hold it for a long time, wait for it to reach your desired price, sell it, and then wait for a low price you think to buy again.

Hi mate, what's difficult about that rule? "Buy low, sell high". It is simple as it sounds. But rather risk I should say. Example: the price is low at the moment, you buy, perhaps so much and the price gets lower haha. That results in holding longer. That's the risk. But if it eventually rises, then you sell high make your profit and keep the trade going. What's difficult about it? May I share in your deep thought about your opinion? Because I use the " buy low, sell high" principle and it works for me.

[Kettle255]

I will also think of buying the altcoins at the low price and then hold it until the price is higher. Selling some of the coins in the higher price (more than 30% increasing) is good to buy other altcoins then and invest more. I will also leave some of the remaining to hold and sell them at the higher price again. It is one of my strategies. But some newbies actually buy during the bull market and now sell off at the bear market.

[uiyh687]

This is the best strategy, make profits for long-term investors, to maintain this strategy is not very easy, you need long time sitting in front of the computer, always observe the price fluctuations.

[migmigbaby9897]

Just need to get used to it, Sometimes it seems that your coin is growing so well that it is unlikely it will fall now, but it falls. I think that if the price of the coin increases by more than 40 percent of the cost when you bought it - it's worth it to sell.

[Gordante12]

i don't know what part of buy low and sell high is hard. For example you buy btc for 3000$, wait and sell them when its price is higher than 3000$

[miklesm]

Of course, it is not easy ot buy low and sell high, otherwise everyone would be rich. You need to know when to buy which is usually rather difficult to determine, but in case of the cryptocurrency you can buy coins at the stage of the global correction and wait for the following growth, it is a good strategy.

[Kennyflex]

With this kind of strategy, one should always observe the market and its trend and check it once in a while. However, if you take it as a long term investment, this won’t be that hard since you can just check it atleast one a month depending on your time frame. Most newbies are very excited and buy during the bull run and when the price tanks, they are forced to sell off.

So, understanding the market is key to been successful

[TheDarkRide]

Buy low sell high looks so simple at first but it is realy tough especially if we watch the price movements regularly. The up and down will make us confuse on how to make the right decision.

[paxmao]

You basic complaint is that it is difficult for you to make money being smarter than other people that are there to hand you their money. Well, I don´t think I should say anything else.

[marksayson]

Yes I agree by that principalities. Buy low and then sell high, but there is a complete timing when you do this. For example you buy coins when its dump in the market you buy it for a low, but still the price of the tokens still in a lower mode. Better to have some patience and wait for the token to go to its very low price and thats the time you buy it.

[latchookart]

The problem is that you can buy low, then sell high. But sometimes it goes even higher than that and does not dip back to that low you expect. That's why I always try to be a little less greedy than I'd like to be. Buy a little higher than what I think the lowest low will be, and sell a little lower than I think the highest high will be.

[automail]

I agree. It can be hard with the fact that the market right now is on the down side. It will only recover for a short period of time then it will go down again. Buying low and selling high will be difficult if the market price is always declining. What will happen is that investors will have a lot of coins on their hand and will be forced to sell with small gains. Its not panic selling, it is  what we call strategy.

[cemburu]

Yes, I totally agree with that strategy.
Buying at a cheap price and selling it at a high price is a powerful enough strategy to benefit from Cryptocurrency.
The only constraint is in choosing a potentially rising coin, which is difficult to guess and buy it.
In the Cryptocurrency market, the price of coins may vary, therefore it is difficult to determine the exact coins that will rise in price.

[jiaybh]

I do not agree with this view, as long as you can hold on, keep an optimistic attitude in the market panic buying tokens, when the market is crazy to sell it is not it?

[Jonesdoo]

When the market enters a bear market, it is a good time for us to purchase cryptocurrencies. The easiest way to buy low and sell high is to buy in a bear market and sell in a bull market. Do not influence you because of small fluctuations.

[mmp95]

This situation is indeed very difficult. Because you do not know when the market will fall, you do not know when the market will rise. Maybe it will fall tomorrow after you buy it today. But there must be enough patience in the encryption market.

[cuo]

buy at the lowest price and sell at a high price we can do if we have the trading skills and good experience in observing economic news, because we must know the position where the support and resistance, The currency market of course moves like any wave that can anytime crashing up and down erratically.

[nguyenhongsen]

When you ask someone for advise they always say buy low and sell high but this is very tough.

What is your strategy for buying low and selling high?

Do you agree with buy low and sell high is very tough?

Yep, that is the principle. Who join in this market all know about it but when and how to apply it is the key. Because when the market go down, you will think that it will continue to go down and wait more but it goes up. You will be confused when to buy or sell. It's really tough with who have just joined this market

[jeruk nipis]

Of course I agree to buy low and sell high. Who would not agree with such statement? If only heard, it looks like it's easy. However, it is very difficult to actually practice. Moreover, plus the very market conditions do not support for it.

[luan la]

I just feel Patience here is the key. There must be market price fluctuations. but if you know what you really want just study the market trend carefully and you will know when, where and why you should either buy  or sell and make good profit.