Post
Topic
Board Trading Discussion
Re: BUY high sell low ?
by
giarised
on 24/11/2017, 14:48:37 UTC
or may be buy low sell high ?

Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest

how to control this ? = put orders (buy/sell) and close the platform

Indeed. "Buy low, sell high" sounds very simple doesn't it? But I think most traders actually do the opposite. They often buy in when the crypto is on the rise, and sell in on the way down.

How do you control this? Plan your trades. Decide on and set a certain price where you're planning on buying. Don't let your emotions take control of you.

Also, be active on bitcoin news. There are tons of websites that can provide that. Google is your friend.  Wink


I can confirm that I bought bitcoin cash when it was at 2100 lol a few hours later it went up some more and crashed within 5min to 1400 lol
i lost almost half my money with that mistake and lesson learned never ride the wave when it already started

I jumped on way too late and eventually the wave crashed back down with me.

what sites do u recommend for the news?

See, you should have go around this forum and see what really going up before jumping onto something. Did you really think that bitcoin cash will take over the market? Its indeed a hard lessons for you sir because people how have bought it also lost big chunks of money specially like you who bought it at top price.

You should stick to bitcoin and buy your money with it, right now bitcoin is going up. You could have make a decent profit. For the news, there nothing that can beat our old forum here. There are too much knowledgeable members here. But just be careful because some of them are just spreading fake news. Just look at their previous post and you will know if they really intelligent enough to make such bold predictions.
Yes it is all about the circumstances which favor you the most. If you have bitcoin in your wallet and you need money for your financial problems and needs then you will have to sell your bitcoin rather keep them in your wallet because money is for a comfortable life and not only for savings? Then you will not look at the price high or low. Easiness must be the main thing in life without getting panic and upset.