Buy low sell high?

[charlotte04]

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!

Some people is already doing that. I don't know how but they do it. In terms in doing that somehow they have a difficult time on dealing with fees.

[fauzan Ichsan]

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!

Some people is already doing that. I don't know how but they do it. In terms in doing that somehow they have a difficult time on dealing with fees.

i think that's what every trader planned. but they don't know when price is at lowest or highest point. if we can find out, of course maximum profit will be achieved

[AchainKatarita]

i have a same question like you bro. if you have any information or experience please sharing me too

[jonaire99]

Buy low, sell high is an old but still effective strategy in trading whether it is stock, forex or cryptocurrency. Although it is very simple, it is difficult to execute. It is easy to say whether a certain price is low or high in retrospect, but in the moment it is monumentally difficult. Prices affect the minds and emotions of market participants. This kind of strategy take time to master and you study it carefully and patiently.

[Adrin]

Buy and sell of course it is a nice thing. If you can not buy coins at Low Prize, you will lose your money if you sell coins. At the same time, you must buy coin by verifying the condition of the market and you must buying the high rate because the sales of the low amount. Of course, depending on high and low price. No one ever wants to sell at a lower price and sell them at a lower price, if they need to hold the coins for a long time.

[Sirait]

if this concept is done by everyone who trades cryptocurrency, there will be many who make profit, but in fact, the term "Buy low and Sell high" only looks easy when spoken. Cryptocurrencies are very difficult to predict so the probability of loss and profit only 50:50 

[junglist.massive]

That is the basic strategy buy low and sell high but after entering into the market the situation will not be according to our way, so we have to be very careful when dealing with the trading. So try some basic technique before entering into trading.

That’s right, it's very basic and there are more strategies available to earn profit from the market. Basically we have to follow the market, that’s why we have to be more careful if we enter the market because what we wished in market is rare to happen. Therefore use a good strategy to avoid losses and earn profits from the market.

[Premooooo]

Very nice method to make some profit in trading but sometimes You buy in a low price it's continuously  going down and panic sellers can't avoid it.

[yonjitsu]

The strategy that's never been getting old and never failing investors who use it until now. It's the fundamental concept of investment in any form that one should always consider for him to become successful in most of his endeavors.

[prtty2gal2]

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!

If you’re making use of Coinbase you’re able to exchange your coins for another coin right on the wallet. Example—you can change Bitcoin Cash for Bitcoin right on the wallet. And that’s not only available on Coinbase, there are others too like Xapo. I was able to use Xapo to exchange my Bitcoin Gold (BTG) back then to Bitcoin.

But that’s not a way to escape the loss that will happen when the price of coins start falling, cause every coin falls with Bitcoin. That’s another thing that makes Xapo seem a bit better cause you’re able to change everything to your local currency and avoid the loss.

[pedangrusak]

Anyone who enters the market will always remember that, buy low and sell high. but everyone will have their own strategy to buy and sell what they have, be patient and never be greedy to be a winner in the market

[BabyBoss]

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!

You should consider that in some point doing this is a kind you need to take a risk. There is always gambling but then when you are lucky enough you will win. When you already lose surely you will sell it in low price.

[anitaraymonds]

Buying low to sell high is the basic strategy for traders to make profits. So it really does not matter which exchange you are using the standard remains true. So what i am saying now is that the market is low and every coin is good to buy because they are yet to hit their high. We are expecting  the last quarter of the year rally so buying now makes serious marketing sense. If you buy now and when the market reversed you can sell off and have a massive profit. All the exchange are all doing well as far as security is concerned so there is no fear of  any one losing money to hackers this days.

[sinkfish]

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!

buying low and selling high is normal. the way is pair up btc with other coin or fiat currency depends on exchanges you use. bigger platform like Binance would have bigger varieties compare other smaller exchanges.

[visionE2]

You are lucky when you buy at low prices and you buy at higher prices so you will earn a profit from your trading altcoin prices.

that's true, but no one can expect about future prices, we can only analyze it from the candlestick with some percentage probability of error

[ShortClixneoai]

Buying low to sell high is the basic strategy for traders to make profits. So it really does not matter which exchange you are using the standard remains true. So what i am saying now is that the market is low and every coin is good to buy because they are yet to hit their high. We are expecting  the last quarter of the year rally so buying now makes serious marketing sense. If you buy now and when the market reversed you can sell off and have a massive profit. All the exchange are all doing well as far as security is concerned so there is no fear of  any one losing money to hackers this days.

Yes that is right that it is the basic strategy of trading but I think that it is too much important to know about the lower and higher level of the coin, you need to be a quick decision taker and only then you can get profit from the market.

[kyle999]

In altcoins i always buy low but if i look at it tomorrow the price will go to low again and again until the price will drops and can't reach the last buy i get.

[futile-resistance]

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!

You should consider that in some point doing this is a kind you need to take a risk. There is always gambling but then when you are lucky enough you will win. When you already lose surely you will sell it in low price.

That is a very common thing in the auction markets as well where to minimize the average cost of commodities, people buy things in bulk which pays a lot after selling them. Same is the case here but in a different scenario which is due to the down market that the costs are down.

So of course it is a chance to make money which is worth utilizing. Moreover, the most desirable strategy should be to hold until you are able to make profit. Now is the best time to make this happen.

[legendbtc]

Basic philosophy will not work in real time because after buying suddenly the price will drop. Sometimes it is impossible to calculate the accurate measures when the prices will increase and when they will decrease. After purchases, people who will hold sometime will make more profit on it.

[Inikoo]

I think we all try to buy when somthing is "cheap", and sell with a higher price, and use mostly Bitcoin, as the exchange pair. I personally haven't used Coinbase yet, bought Bitcoin through smaller sites, and used all kindof exchanges, depending on what coin / token I want to buy, and where it exist.