Buy Low Sell High
strategy
meme
A basic trading principle of buying at lower prices and selling at higher prices, easier to state than execute.
1
strategy
"Buy low, sell high" is the simple idea that profit comes from selling an asset for more than the purchase price, after costs. The challenge is defining "low" and "high" before hindsight makes them obvious.
2
practicality
Traders may use valuation, support and resistance, dollar-cost averaging, or fundamental analysis to avoid relying on emotion. No method consistently identifies exact tops and bottoms.
All terms and definitions may update as the Cryptionary improves.
