There are several techniques on trading crypto. We are learnt to buy at low and sell at high to make a great profit. But this becomes the question that no body can answer on where the low and where the high are and where we get a best profit. No one could keep monitoring at all time to find the best point to in or out in the best right time on trading.
If you are late to the market, yes, it definitely sure if you would buy the crypto at higher price than ones who came before, except to some cases. It means you would not exacly comply with the idea above of buying at low and selling at high. However, you can make a satisfied profit. This is one of idea on how to.
Before we go to that, I would like you to know that the profit is from Pricing and Timing. If you need to get 10$ in profit for example , it is too simple just to buy at 1$ and let the price and time run until its value hit 10$ then you sell. This is too easy if you are the first coming group to the market and be able to buy at 1$. But the truth is that you joined the market after the value already hit 90$ and need to move to 100$. This means instead of using 1$, you are required to invest 90$ instead to gain the same frofit amount, and it is harder to move the price from 90$ to 100$ than moving 1$ to 10$ regarding to the capital issue.
Actually, you can enter to the market at any where and any time. My suggestion is just to set your goal on how many profit you need and sell it out when the profit point reached your goal.
Few days ago the market increased in value, and then just yesterday all the market value dropped. There were 2 types of people, some did not sell their crypto out because they are thinking for the new unforeseen highest price so get reget loosing their profits , some were too happy they decided to sell their crypto out when the prices hit their goal so now they have more buying limits.
What I wan to say is that , it is sometimes a weakness point for the investors to expect for the best highest of the unforeseen price. It is better to set and follow the goal, sell it when the goal price reached and seeking a proper reinvest point again.
