Post
Topic
Board Trading Discussion
Re: Buy low or sell high. What is better?
by
doggieTattoo
on 10/11/2015, 13:48:17 UTC
Buy low and sell high is the first rule of trading.

But you can buy high and sell higher, or sell low and buy lower also.

By selling highest you get the advantage of selling with a profit even when you have bought also high. By buying real low, you get the profit of not having to sell at a certain margin. You can wait till profit goes really really high.

Lets say a genie gave you the ability either to sell at the daily maximum or to buy at the daily minimum. What will you choose?
You actually cant predict accurately what is the low and what could be the high the next day. If you want regular and quicker returns always go for buy low and sell high, nut trade only with a minor portion of your total BTCs.