To practice "buy low and sell high", you need to follow these key points:



• Find price differences: The core is to discover the price differences of the same cryptocurrency across different exchanges.

• Cost Calculation: It is essential to ensure that the price difference still has a profit margin after deducting trading fees, withdrawal fees, and other costs.

• Quick Operations: Market prices change rapidly, and price differences can disappear quickly, so it is necessary to execute buy and sell orders swiftly.

• Understand the essence: There is a viewpoint that the deeper level of "buy low, sell high" is not merely chasing price fluctuations, but is based on your "cognitive gap" regarding the future value of a project—that is, buying when its value is not yet widely recognized (low price) and selling when consensus is formed (high price).
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Contains AI-generated content
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)