Findingnemo
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August 23, 2018, 07:26:48 AM |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Yes your right buy and sell is a profitable way buy in low price then buy in high price . you need to do is wait The best coin to convert when the prices fell is one with stable value like USDT,but there are lot of exchanges offering lot of trading pairs so you can convert anything you want but don't convert any of your bitcoins into others you should be patient.
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Xardasim
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August 23, 2018, 07:27:03 AM |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
All trader's purpose is the same ''buy at dip, sell at high''. Just you should do is get the BTC when you think it's time, and sell at a high price. In this way you can aware of the number of Bitcoin.
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okocrypto
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August 23, 2018, 08:20:14 AM |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
This method actually has it's own risk but surely is a nice way of making some cool cash if you know what it entails. As for the currency pair, USDT is the answer as this is stable. I use Bitforex for this and the experience is wonderful. However it involves some risks.
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mudasarali43
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August 23, 2018, 08:25:31 AM |
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Good thought I appreciate but in this situation, one thing is not sure in a current market situation that is the trend where is market going, That is why if you buy when prices low and after buying it will again go lower then the situation will change.
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Caogou
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August 23, 2018, 08:35:16 AM |
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When I feel the market is down, I will convert most of the altcoin money into bitcoin, and when the market appears green, I will choose to sell BTC to buy other new altcoins!
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Maricurijohn
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The Premier Digital Asset Management Ecosystem
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August 23, 2018, 09:00:33 AM |
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That is a natural thing in this market, buying low prices at high prices is our common goal, I always hold the coin until the price is higher than the price I bought, so I decided to sell them. .
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lordtprinz
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August 23, 2018, 11:22:57 AM |
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For one to make profit and end big one needs to buy low and sell high and this is the reason why I do hold some of my altcoins when they are low because I know they will soo rise and this will give me more profits.
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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August 23, 2018, 11:49:45 AM |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
It's not only coinbase as main source for buying and selling bitcoins. There are many wallets out there that is used to exchange, other example of it was the wallet in the Philippines which they call coins.ph that offer various coins. I don't know what other wallet used by other country but I am certain that there are many kind of wallets to be used in cryptocurrency.
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charlotte04
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August 23, 2018, 11:55:55 AM |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Been doing this for almost 3 years now and it works perfectly in you have bought and sold and the right time. This is the most basic thing in trading, and it's good.
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blackhawkeye1912
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August 23, 2018, 01:34:23 PM |
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Buy the dips and sell them at a higher price is one of the easy principle in trading. But, don't just do single purchase. Identifying the dips is really difficult. I think it's better to distribute the buying in series of purchases to get the average low price.
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Cryptokarl
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August 23, 2018, 04:16:53 PM |
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Buying low and selling high is the real deal but you ask yourself, how many people practice this? Most newbies buy high and sell low out of frustration and because they do not know how this works. This is the best strategy in cryptocurrency if you ask me.
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xyxyrizcah
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August 23, 2018, 04:49:22 PM |
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it's very good strategy, buy low sell high brings huge profits. but, how to know the price of bitcoin? thanks
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Thatsit
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August 23, 2018, 05:02:47 PM |
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Yes, this is the rule that everyone is following. And this method is very effective. You can also follow this procedure. The trading world remains variable and there is unrest in it. So buy, hold, and sell in profitable ways by keeping your head cool.
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Rj Manik
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August 23, 2018, 05:46:47 PM |
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getting lower and also marketing large is probably the finest techniques. due to the fact today simply this plan can be utilized being a benchmark to get income. therefore I consider once we get yourself a possibility we could always acquire at lower rates and also promote with large rates.
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mey466
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August 23, 2018, 05:56:51 PM |
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it's easy to trade locally using a local exchange market that provides Fiat currency exchange with Bitcoin so you can buy bitcoin in local currency and sell bitcoin to local currency
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Rupcrypto
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August 23, 2018, 05:57:58 PM |
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Yeah of course this is the best way to to trade buy in low price and sell in the high price. Through this way we can get good profit earnings in Crypto world so we can trade in this way.
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DJANAS
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August 23, 2018, 06:13:21 PM |
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unfortunately last months i buy high sell low such a bad market and tuff luck
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Palo05
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August 23, 2018, 09:21:39 PM |
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Thats the other investor's do when they dont feel on trading btc or they dont feel any luck on trading hahaha but it is the most effective way . you will gain profit on that strategy
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Samuel Cofie
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August 23, 2018, 09:25:26 PM |
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The aim of making profit is exactly what drives many into this simple principle: BUY LOW AND SELL HIGH? But it appear, many have forgotten that you can still buy high and sell high.. It all depends on the market.
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Mjadon15
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August 23, 2018, 09:46:36 PM |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
First of all you, Coinbase is not best known for exchanging Crypto-coins. Although, You can buy and Hold or keep your coins with Coinbase. It's just like a commercial digital bank. There are platforms such as Binnance, Kucoin, Poloniex, Bittrex, Hitbtc, Hotbtc, CREX24 and many more for exchanging coins with each other. This comes with a fraction of transfer fee though, and of course you learn to buy coins at low price and sell at high prices, so as to make appealing returns afterwards. This birthed Long Term Holding Strategy.
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