Quote from: adzino on February 27, 2019, 08:11:25 PM

Quote from: pawanjain on February 27, 2019, 05:21:40 PM

I have heard this from others as well. Most of the times the experts say that buy low and sell high and use the profit to buy more at lower prices.
This indicates that we should never miss an opportunity to buy bitcoin at cheaper price as it is bound to bounce back to a higher price.

Lol. It's quite easy to say this. We don't even need experts to tell us the obvious thing - "buy when low, sell when high". It is easier said than done to be honest. You never know what price is actually the lowest or what price is the highest. If you believe that the price of bitcoin will go up in the long run, then buy whenever you want. Set a goal and when you reach that profit goal, sell your coins.

Correct! The statement " buy low, sell high" is a generic reply that really doesnt give any sense. Why would you tell anyone the very obvious thing in any investment platform? Who would want to buy high and sell low?? Lol.
Teach them instead on how to follow the chart and analyze TA's.