09-08-2021, 04:37 PM
The strategy I learned from this sub is actually making me lose money. Where is my m
<!-- SC_OFF --><div class="md"><p>Ever since I joined this plce, there was one thing this sub agreed on — "buy high, sell low." Under every second post, hugely upvoted and usually followed by "this is the way" or "one of us".</p> <p>It didn't make much sense to me at first, but neither did blockchain. So what do I know, I'm no expert trader. I started small.</p> <p>When the price was sufficiently high, I bought some and waited for the price to go down. I sold. After quick math, I noticed I was at a loss — must have been fees.</p> <p>I decided to try with a larger amount and there just happened to be ADA ATH. I bought. Then crash. I sold.</p> <p>I did exactly like you said and I'm somehow losing money? Wtf, reddit??? I don't know, I'll try a couple more times, but that's it!</p> <p>Is "buy high, sell low" even a real strategy? Has it worked for anyone? And don't tell me I should have gone with the "DCA" joke!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/inevitable_username"> /u/inevitable_username </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pk6usf/the_strategy_i_learned_from_this_sub_is_actually/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pk6usf/the_strategy_i_learned_from_this_sub_is_actually/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Ever since I joined this plce, there was one thing this sub agreed on — "buy high, sell low." Under every second post, hugely upvoted and usually followed by "this is the way" or "one of us".</p> <p>It didn't make much sense to me at first, but neither did blockchain. So what do I know, I'm no expert trader. I started small.</p> <p>When the price was sufficiently high, I bought some and waited for the price to go down. I sold. After quick math, I noticed I was at a loss — must have been fees.</p> <p>I decided to try with a larger amount and there just happened to be ADA ATH. I bought. Then crash. I sold.</p> <p>I did exactly like you said and I'm somehow losing money? Wtf, reddit??? I don't know, I'll try a couple more times, but that's it!</p> <p>Is "buy high, sell low" even a real strategy? Has it worked for anyone? And don't tell me I should have gone with the "DCA" joke!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/inevitable_username"> /u/inevitable_username </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pk6usf/the_strategy_i_learned_from_this_sub_is_actually/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pk6usf/the_strategy_i_learned_from_this_sub_is_actually/">[comments]</a></span>Kind Regards R