Bitcoin Forum

I'm curious about selling into low bids to possibly encourage trading.

Example Bid for 50,000 @ .000001 vs Ask for 10,000 @ .0000096

What's the better strategy? Wait for someone to buy UP or should I sell DOWN, in an attempt to encourage movement/trading?

In that situation look at the board on how many are buying with almost the same amount of price and it's volume then compare it with the sell volume and sellers minimum price. After that you must set your standard profit or gain. Either you go higher than 3% or lower and it's up to you.  Most important is don't grab lower than your desired amount.

when you sell lower ,, that I think will damage the market price ,, better if you sell at a higher price ,, there can go in 1-2% profit it may be petrified to jack up the price when the price of ordertinggi we may be in show off with a low sell order board, but when demand for the order increases it will grow the price as the market begins to move

Solid advice! Thank you!

That's what I was thinking as well. Thanks!

hungry for almost all new entrants and starting a trade, I firmly believe that we have all bought at high prices and sold at low prices, or sold at unrealized prices. justified and only marginally profitable. This is because you do not have the psychological firmness, not follow the plan that you set out, and you also do not have enough experience and confidence to be able to talk. So it was sold very early when the price just increased slightly.

Check the market volume chart first. If the volume depth of the nuy orders is low, you may want to sell to the first order. If not, you may put a sell order lower than the current lowest sell order.

Don't ask us if you're gonna trade because it is your money not ours no ones gonna blame you for what you did even if it's wrong we are helpers not opinion talkers that will make you believe it is right. You have got to introduce us the coin you have invested first because we can't know the difference of each coin/token. Please tell us and well gladly help.

I believe that this is a mistake that is sure that all of us have encountered when we started to trade. We can feel that when we start to trade, we are very inexperienced, do not have specific plans and especially do not have enough psychology to be able to stick to the right plan. Therefore, even if there are profits, it is very little.

if you in trading you have an standard target profits how much percentage earning before to sell, that idea came from you I think not good from the trader's want to earn huge amount, trader not selling their coins in low price always wait to increase the price before they can sell that's why trader need patience.

Your strategy requires accurate prediction,  if you sell into dip but the coin pumps,  you loss the trade.

As long as the original price you invested are safe you are good to go even low bid. But you are too over bidding thingking it will grow that much? Well don't mate don't over ask your money and wait until it sell just for the record it takes more than a year from you were asling for and we don't even know what is the specific coin you are trading in the process so maybe make 20%+ ask from your remaining balance no dore than that though.

I see a few were asking...

The token is our project, MoviToken (MOVI)
https://forkdelta.github.io/#!/trade/MOVI-ETH

I do appreciate the tips given. I'm talking about growing the market for the token, helping it become more usable in real world application within the film community. If there's no market, we can't use it. If there is, great things can happen!

But that takes time. I'm just looking at different strategies to get some market movement.

Here's the website movitoken.com

Thanks all!

The best way is don't grab lower prices which you can day less profitable for you. According to its market volume be firm if you could see that it has a potential to climb up. Always take risk at a higher profit not lower that you expect it to be.

For initiating the movement/trading go for selling low but keep the quantity low and wait for a while and place a high bid after some time. Selling low might affect the price of the coin and if the other holders in fear or uncertainty or doubt start selling low that would mess everything resulting in a drastic decrease in the value.
The risks are high but if the coin is highly volatile than the risk is worth taking.

From my angle, I'm thinking selling low will not harm a reputable coin in the future. Selling low could also be seen as dumping and dumping strenghtens a reputable coin on the long run.

If you really need money then you are  encourage to sell your coins or tokens in a smaller price because you really need some funds to satisfy your needs and wants.