Bitcoin Forum

Hi All,

All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.

If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?

What do you peeps do? I'm slightly confused.

Thanks

I didn't look at it. I saw it above board. Set an ideal goal for yourself and sell it. ;D ;D ;D

1st you could trade thru USDT as USDT don't much change in value even if BTC price decreases. I see a lot of people doing this kind of trades but there are only few alts that you can pair with USDT so you need BTC/LTC/ETH/DOGE to trade other Alts.

2nd if you will use other coin to trade other than USDT like BTC as most of the people. You don't count what te value of your holdings by USD you will count it as satoshi. If you trade thru BTC the goal is to increase tour satoshi not the USD value.

Most of the time you have to remember that when people are crazy, you should consider selling.
And when people start to hesitate,you should consider buying.

I think the best thing to do is to read a lot of news related to crypto and check the roadmap for your coins. This will get you an idea on where the price will go and you can define your selling/buying points.

I think you will always have to trade through BTC or ETH since USDT is not available for all coins and it's not really relevant to track the USD price for your portfolio. You should always set your selling/buying points in btc or eth.

I have ADA and it has its pairing with USDT. I think a dump is due so I have sold some ADA and waiting to buy more ADA on the cheap.

Thanks

I think you will be able to record your profit in dollars if you trade the BTC to a dollar. This is the best way to protect your assets from the big fluctuations of BTC. But unfortunately, not all coins are traded in the BTC / USD pair.

Yes, I  agree that when you buy coins either BTC or ETH, you must see too it that you should buy during bear market and sell it during the bull market where this is usually done by the experts on crypto currency market.

maybe I can give some example. you want to buy doge at 60 satoshi with 0.01 btc. and you get 16666.66666666 dogecoin. and if the price of dogecoin increase at 80 satoshi and you want to sell all of your dogecoin, then it will be 16666.66666666 x 80 satoshi = 0.01333333 btc. so there are a different from what you spend to buy dogecoin and it will be 0.00333333 btc and that is your profit. you can keep your profit or you can use to buy another coin. and if coins get dumps then it will get pump again in someday and even if at that time we are getting lose our value, we can recover when the price increase back.

When your alts rise sell them directly for FIAT if you your exchange allows it or sell them for BTC and instantly sell BTC for FIAT afterwards.

Other people sell alts for USDT (Tether) but i would avoid that since its almost certain its a scam coin.

After the market dips use again your FIAT to buy alts at the new lower prices.

The kay is about to become patience dude. you don't need to convert your amount to the bitcoin and the only thing you must do if you have sold your token at peak and then be patience by put lower order and remember it needs some analyzation. I've sold CRPT when it was reached its peak and then i buy again when the price gets rekt and i have doubled my amount. If the problem is about when? and you should learn more how to read the pattern.

Profit is not always about the amount of FIAT that increases , so what kind of profit do you want?
-, Take your profit to BTC if you trade to increase your Bitcoin amount, 
-, Take your profit to FIAT if you want profit in FIAT   

But there are several factors that make traders prefer trading in Bitcoin pair Altcoins
-, Exchange services do not provide altcoins exchange for their traditional currency
-, Altcoins option on FIAT pair Altcoins is less if compared with Bitcoin pair Altcoins market
-, Trading volume

If you sell an altcoin at a higher price against bitcoin then you get more bitcoins, it is simple forget about usd, if your aim is to grow your usd then i suggest you to trade in fiat that is usd or usdt that is provided by some exchanges.

If you want security then convert your tokens into US dollars. They are much more stable compared to crypto currencies like bitcoin or ethereum and as you mentioned, you are not quite a fan of its price fluctuations. US dollar is your safest bet in times of market fluctuations.

I think the easiest way to go about is it to sell the coin back for BTC OR ETH, then you exchange for fiat.


Most times, crypto experts means, to sell when it is really pumped up, which brings more profit in value; thereby corresponding value in fiat.

In other words, you can also place a sell order at a conveniently high rate, so when the coin moons, it will pump up and you get your profit equally.
don't be confused, make the decision swiftly

actually it is very easy, but it takes precision, when bitcoin is at the highest price, we have to sell it immediately, and wait for bitcoin to fall again, then buy it, and sell it again when it has gone up again, but the difficult thing is to determine when bitcoin is at the highest price and when at the lowest price

Usually most of the traders are waiting for the days that all of the coins turns into red and eventually all of those coins will be back on green.

This market is very unstable and it is difficult to fix profits at the maximum price increase. just designate for yourself the price that suits you and sell it. better small profit than losing everything

I think you are new to this market and do not have much knowledge about this market. So I will recommend you to first learn about trading more and you will understand all the things and I will recommend you to start trading in USD pairs in this you will have less confusion in trading.

There's literally no way to know where the top or bottom are, unless you are a massive whale manipulating the market.

With that being said, you can still make wise decisions like not chasing/fomoing, and buy-in when coins are cheap and haven't gone 5000x

For example, I invest in Eth coins, in the next few days the price reaches a more profitable level than I previously invested, so we think you can sell it at a price higher than the purchase price.

Full member who doesnt know how to trade? sounds like a farmed or sold account.I am not sure how did you come up with that ranks without knowing the basics,for sure theres gotta be some explanation here!Cant believe it but looks like you are kidding,when you are into trading you will need to secure it thru bitcoin not in usd/nor those altcoins.

I think, that just you should choose on which price you can seeling or buying

It is necessary to fix profit at once. For example, after selling altcoins, you get a certain amount of bitcoins. And immediately change them for stablecoin. Thus fixed profit. And then you can wait for the price drop and buy cheaper.

Sell when you see a good high green candle, but when it's red,  in other words buy at support level and sell at resistance level,  in this way you are good to go in crypto

Okay set a target for yourself, mayb x4 , x5 or whatever you set for yourself after which when its hits the target, you can sell and incase of dip, you can convert your coins to bitcoin, ethereum or ,ltc and convert it to a fiat equivalent like USDT, USDT doesn't always drop in value and it is almost static at $1 in price.

Just I can say to you not to listen to experts and analytics you must think yourself because it is your money and you can lose them.

Hi
I think what they say is true but to be able to do that we really need big capital so our profit can be big also because if our capital small the profit will be small and will decrease because have to pay transaction fee

If you sell at the moment, you can get into a very bad situation. The price may go up and you will not be able to buy back your assets and eventually lose on a big rise that will be in the third, fourth quarter of this year. Be patient and wait for higher levels for sale.

Basically you invest in a coin, for example Bitcoin, and wait for its price to go up, than you sell it and make profit. The thing is you have to plan and understand what are you investing in, because not every single coin can rise in price, that`s for sure.

 definitely exceeds all the others several times Friends do take part in it and follow the further development small the profit will be !!

It will take some years of experience for you to understand the pattern.. IT Is very similar to stock market sell high and buy low pattern

Yes, sell very high
HOW?? BY having close monitors of tokens, and when it pumps you sell.

Yes, convert tokens back to BTC FOR PROFIT, THEN YOU SELL BTC FOR FIAT
Very and quite easy.

This is a very tricky question and its a kind of gamble, i mean you never know if the peak or high has been reached and you never know how deep the dip will be, so to be honest it is just luck, if you hit the right points once you are just lucky and next time you may miss out.

Selling high is the correct way in trading but the most difficult part is to know when is the high point to sell. For me, I will set a price and hold on to the coin when it reaches the price.

For taking profit, it depends on you. You can take profit in BTC or USDT.

I'm agreed,  it is the best way to earn some fast profit from your coin, sold your token at the peak and then buy it later when price goes down. Simple and typical.

Learning to hold is an art and a meme. It can be a lot more difficult than people make it sound but it's generally a good thing to do. Pick a good project and check back in a few months

If you want to sell coins at high price, there comes your being a wise investor goes.  Of course, you must consider the current exchange rate.  You should not just sell but check their prices in the market.  There comes high selling. An investor should speculate. As price is high, it is selling time. As it undergoes deflation or lowering of prices, it is time to hold your tokens and it tells you to buy some tokens, then sell them again as their prices go high. There is always right time for every transaction.

I myself also still learn a lot about trading system. I think selling when coins are high prices. And buy when the price of coins is low. So the profit earned can be set aside. And the initial capital can be to re-buy coins when the price is low. And so on, if I think.

Make sure you can always be active in monitoring and observing market developments. Wait until the market is completely stable to be at a high price. Once you can make sure everything is completely secure, bitcoin is stable, then you can sell it. Bitcoin prices are very volatile and rarely stable, for that, you have to be really careful in doing so.

Buy low and sell high. It is the best strategy as a trader and if you want to see your real profit, invest in bitcoin in a dollar then the profit of your investment use it to buy again and your capital just keep it. You must use your profit to buy again in bitcoin and set the desire value of the bitcoin when you sell it. Your money will grow if you holding your bitcoin and sell it in a high price.

The simplest way is when the news on the Internet is overflowed with positive reports about the growth of bitcoin in the near future to $ 100,000 or $ 1 million, which means it is urgent to sell :).

I think you should trade this way:  first buy any altcoin with bitcoin and when its goes high you can sell for bitcoin and then immediately you have to sell bitcoin for USDT as USDT is fix rate of 1$, so if bitcoin goes any where your holding of USDT is safe and your profit is secure, and when you want to buy any altcoin or bitcoin you can sell USDT for bitcoin and trade again.

for me i am waiting for a little bit time before selling, waiting for it to higher so i can earn more profit than selling as soon as the coin is release.

Yes this is a good idea for the people who want to safe their profits from crypto investment but I will keep it as a bitcoin because bitcoin has the high volatility so we can make high amount of profits at any time.But no one really knows what is the highest price and lowest price so we need to define a profits margin and act according to that.

Even if you sell it to btc and the price of btc goes down, you have more btc than before so you can wait until the price of btc increase again or use it to buy the coin again cheaper. don't look at the usd value but look at the btc value, your goal is to have more btc than what you've started with. If you can also do btc price analys then it's better as you know when to convert it to usd for more profit. Look at the rsi, if it's overbought then it's the correct time to sell and reenter again later.

Sometimes you can predict when price will be lower than usually, then you can buy some to your wallet.
Second step is to set a goal that this coin can achieve but rembember every coin can not achieve few thausands dollars in few months so choose realistic goal
Third step and the last is waiting for it, sometimes you can wait longer than you think but it is crypto and nobody know what will happen

I usually sell my coin when it's overbought and buy a coin when it's oversold. last December I sold all my BTC at 17k because it's overbought(RSI over 80) even it went almost 20k I did not get any regret. and bought again at 10k and sold it again at 11k. perhaps sticking to strategy help me to sell it when profitable ignoring any news.

If they said sell high, it doesn't mean that sell crypto if the price reach the moon, the proper definition of Buy low and sell high is to buy tokens at low price as possible and sell it when the price goes back to normal or if the price is above your buying price. Lets make a scenario, example you bought btc at $7000 if it reach $8000 or higher it can be consider as sell high.

The thing is to wait until the price pump and then sell it.

You should be able to predict the price of the coin about whether the sale is stable or not, if the price is stable but the development of the coin is good then you can analyze the price. If you can see the coin is good, you should be sure to buy it and hope to make a profit, if the development of the coin is good, then you buy it but must be reminded that you always monitor the price of coins that have been purchased. The more you have a lot of good coins, then you can benefit.

Exactly! My friends told me that. Go buy at low then sell it at high. That is their best strategy to earn a good profit. Don’t sell at low obviously. Set your goal. To have no regrets at the end.

You can sale high when you are able to join a good project during there Presale, when the ICO is done and they proceed with there working MVP, you reap the great reward if being an early investor. Join our Presale now www.nwpsolution.com

This is by tracking your profit based from what you used in purchasing that specific coin or token. See the instances below to make things clear:

1. You bought 1 BTC for $10k, sell them back to USD when the price went up to $11k. 10% profit is not bad.

2. You bought 1 ETH for 0.1 BTC, sell it back to BTC when the price of an ETH strike to 0.15 BTC. 50% profit.

DO NOT sell based from USD alone:

If you bought 1 ETH for 0.1 BTC in which 0.1 BTC = $1k do not sell if the price of ETH is $1.5k if it's value in BTC is 0.09 BTC. This is a loss in terms of Bitcoin. It should've been perfect if you did not buy at all.

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Good traders accomplish this by placing their sell orders based from their desired profit. Or by having a personal record of their purchases. Perhaps using notepad or a notebook.

If you're looking at USD price, it's difficult to sell high at the moment because of bear market. However if you don't care about USD so much and you only look at BTC price, then it's possible to sell higher than you bought, even in bear market.

How? Hodl. That's the best thing to do for you. All we know that bitcoin and other cryptocurrencies you have will pump so hard in the future and that's a fact. So the best thing to do is to hodl or watch how it will pump.

To sell high u need to buy low,many peoples and i buy on low when release fud,or dump after  u choice what token u buy,then on pump u sale and buy again more but on diferent price.U need check news about crypto becose good news and bad  take price alot!

It is very important to have patience and a flair for perspective coins. Because you have to wait until the coin falls in price, and the when it begins to grow, then it must be sold.

Selling on the high & buying on the lows, this is a basic concept I learned while I just joined the crypto space, but I believe its safe to say that its best to set a personal target for yourself where you want to sell a portion of your portfolio to make some profits.

Don't sell in the bear market. When people sell high they are telling you to hold your coins until the price goes up higher than the price that you bought it for so you can make money from your investment when you finally sell. Just make sure that you wait for the market to fall and prices to go down before you buy coins.

Converting to USD is safe but hard for people overseas, since not many people actually have dollar cards. I would say it's a good option to sell the coins for tether if the profit will be used for further investments, or sell for local fiat if that's the end of the road. I think it is best to set some desirable limits and sell when the coins reach them. It is also more important not to buy high that sell ath. I mean, one would obviously sell the coins when there's some profit already. But what's the wrong and frequent move afterwards is buying some coin which is rising rapidly because of believing it will rise even more soon.

 the Day traders are the ones trying to buy low and sell high. They're looking at complex patterns in the market, along with the news, in order ..

So you can convert the token into the USDT, so you can avoid the loss of the fall
Most of the time the BTC has always fallen less than the other altcoin.

if you sell it lower than the price you used to buy then it will make you lose and fail to become a trader. because good investors always pay attention to the right time to buy and sell

Dont be confused just relax, for my advise just conduct your research on price equivalent for your coin just like btc, fluctuating price going high and low, so when you observe that the coin you have is on higher value then thats the time you release it to sell with profit. About converting, you an do that back and fourth.that all for now ..thanks..

It is simple, compare the starting value then the current value. If the current value is higher than the starting value then you can sell it. It must must be 5times or higher than its original value to gain more income.

To get the highest selling price, you need to clearly analyze the market as well as the business of the project. ;)

In this market situation almost crypto coins are in a lower price and for me this a good chance to buy and hold it until the market will recover from the dip, I'm sure you will gain an profits. But don't just invest your money in any coins without analysing, it's better to make a research before investing.

Most of the top 20 coinmarcetcap coins are certainly not cheap. But some other cheap coins got even cheaper as a result of the crash.

That's why there are coins that has fix in value like USDT. If you participated in an ICO and thinks that it is a good time to sell them you can trade them to either ETH or BTC. If the value of both coins is at a high one, and you think that the market will drop again, you can exchange them to USDT or tether. USDT is the same value of US Dollars with only minimal increase or decrease in value. If you are planing to remove the coins out of crypto world just exchange them to fiat which is much safer.

Its normally easier said than done,  selling high mean that you will have bought the coin cheaply, there are quite a number of cheap coins in the market, the challenge is getting quality cheap coins which are very hard to come by, you can however take advantage of the red zones to get quality coins at a relatively cheap price wait till the bull run and sell high, It can be confusing yes, but the crypto industry needs lots of patience, do your research well and get good quality coins and you will almost be there

A year ago, I didn't sell anything, I was so recommended. After the summer dump 2017, when all the coins and tokens fell in price 5-10 times, I firmly decided that now I will start to fix the profit. ;D And then with the growth i fixed in bitcoins. But then bitcoin began to fall in price. Now I'm fixing partly in dollars, bitcoins and ethereum. I noticed that capital grows faster this way.

The actions are not that difficult you just need time to figure it out on your own. You see when you buy Bitcoin with the price of 8k$ and sell when its 8.5k$ you get the profit of 500$. Then you wait a bit, the price goes down to let`s say 7k$ you buy Bitcoin again and sell when its 7.3k$. That is how it works.

In this statement that sell high, I get it but how, the best and easily you can do is wait until the value of the investments or coins in the market is in the high value to be offered to be profitable enough.

you can either most conduct all financial transactions or put on the stock exchange the maximum amount for sale and its maximum price. This is how you can passively sell at a high price, but only if it really is.

To sell at the highest possible price, you need to wait for years, but it is very risky because anything can happen. It is possible to invest small amounts so that it is not a pity to lose. Again, at the top to sell will never work

perhaps there is no other way out, because the market is at the very bottom and today it is better not to make any sales at all. In any case, the crypto currency has a good future and prices will rise unambiguously.

WIth respect to the current bearish market, some school of thoughts believe staying long on USDT will be safer as you will not have to worry about the USD depreciation of your coins.
Now selling high means different things and it is important to exercise a lot of patience in this space before entering the market in order to always ensure that your entry point is always lower than your exit point, with this you can guarantee that you will always sell high most of the times.

It's not an easy thing, buy this is the only way of making good money in the cryptocurrency world, how to sell high? It needs lots of patience and dedication as you will be required to wait for long time spans for the coins to gain value , which can take time, those not patient enough will always go wrong when it comes to this, but hold on for sometime before selling off

Okay set a target for yourself, mayb x4 , x5 or whatever you set for yourself after which when its hits the target, you can sell and incase of dip, you can convert your coins to bitcoin, ethereum or ,ltc and convert it to a fiat equivalent like USDT, USDT doesn't always drop in value and it is almost static at $1 in price.

If I earn a 50% coin profit, I sell this coin in the amount of 20-30%. I also continue to operate until I sell the whole coin.

The only way that you can sell your coins at a high price is to make sure that you wait for the prices of the coin to crash before you buy so that way you know that you are buying at low prices and then you have to be patient for the price of the coin to correct and then recover before you sell them so you sell for a higher price than you bought.

The best strategy is that invest only to those altcoins that are capable to rise high in the future. Top altcoins are best in long term investments, maybe it rise not so high and takes so long to hold but considered it already as a sure profits in the future because they are proven and tested. Don't panic if price goes down for sure it will bounce strong later.

It depends on you mate, How you earn profit selling high is the only right choice to earn profit, Just follow the Basic and Effective strategy, BUY-HODL-SELL, just do that and im sure you can earn profit, if you buy coins make sure that its price is low, and hodl it for a couple of months or years wait it to rise and if it rise sell your coins to earn profit. It's simple yet effective.

If you are trading to bitcoin, then what difference to you where bitcoin is located, with a coin pump you get more bitcoin, in any case, even if he is also pumped. If after that he is dumped, the amount of bitcoin does not change, his value changes, in dollars. You just need to wait for the next growth. Either if you will trade immediately in pair with the dollar, then you will not have a headache about the price of bitcoin. Or trade with bitcoin, at the top of wave, sell bitcoin for dollars, at the bottom redeem more bitcoin, at the next growth sell up the received bitcoin amount. I think you need a section for beginners, these are basic things.

I'm sure that for most people the task of selling their coins at a high price often resembles a game of roulette. If you do not analyze the market, if you do not try to understand why the growth or decline occurs, then you do not really control it.

Iya kita harus bersabar untuk mendapatkan hasil yang lebih baik oleh karena itu kita lebih baik menunggu dari pada kita menjual sekarang harganya murah iya kita nunggu di saat harga nya mahal

What they mean is to convert it into dollars or regular currrency or to simply sell it not to convert it to other cryptos. But in such way, the chance of earning bigger if the market will continue increasing at that moment will be also lost. So the selling period should be based on the investor's satisfaction.

you can sell your altcoin for a high price but for now, the altcoin price is still below and so now you can hold your altcoin and wait until the altcoin price and the market go back up and if everything is good you can sell it with a high price

the key is to be patient. You do not need to convert your amount to bitcoin and the only thing you have to do if selling tokens is you be patient, no hurry to do so. if it is low you must wait for it.

Okay set a target for yourself, mayb x4 , x5 or whatever you set for yourself after which when its hits the target, you can sell and incase of dip, you can convert your coins to bitcoin, ethereum or ,ltc and convert it to a fiat equivalent like USDT, USDT doesn't always drop in value and it is almost static at $1 in price.