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 I agree. It is quite tough to follow that common but yet effective investment strategy. This strategy has been tested and it gives huge profits to many investors. They buy coins at a very low price during bearmarket situation and sell them when crypto market recovers.
yes but how to know that it is the lowest, maybe the other user was right about the experience, I may face a few loses before I finally understand
it's true, that's what to do to make a profit. I totally agree, but it is not an easy matter, it takes precision and patience for it. sometimes we have bought at a low price, but the price does not go up but even down.
and just because of that we have to wait ever more and which is very stressful period until price starts to rise. at least for me it is.
There isn't a absolute low and high.. everything is relative.. personally I have a long term strategy so I buy when price of a coin that interested me has a deep down for many weeks like in this period and then hold it for at least 6 months...
You must have a very good patience, for me it never works. I would die of anxiety just by looking at that hehehe.. I can't just buy it and forget for a few months then..
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?
I agree mate, You must learn the market..When the market low and You are sure the price will rise, You shoild buy it.
it isn't as easy as it sounds mate..
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?
My strategy to buy low and selling high is doing analysis technical of price first to find the trend of price and find the area low of price.
Of course i agree with this method although it is difficult to apply in the first time but if we do practice we will know when buy and sell base on the analysis technical.
Well said, practice makes a man perfect but only if he can have the courage to face loss
