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Author Topic: Buy low sell high?  (Read 1886 times)
Idrisu
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August 13, 2017, 06:57:49 AM
 #41

Bitcoin exchangers that you can convert your bitcoin to altcoins or fiat are many and like you said if I understand you very well is to buy low and sell high understand you need and you want to arbitrage with coinbase and others exchangers. In livecoin.net there is a great arbitrage opportunities at this trading exchangers platform you can easily convert bitcoin to USD and others crytocurrency.

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August 14, 2017, 09:00:22 AM
 #42

The first thing you have to do is shift to bittrex from coinbase. Right now the top exchange for top altcoins is bittrex and if some coin is in bittrex means it has some value. So the basic idea is to buy low and sell high but the altcoin rates will be adjusted towards the rate of Bitcoin.
Depends the type trading every trader on market, example Bittrex in current just for trader like altcoin small volume or token ICO. Poloniex still on top 1 exchange for day trader trading altcoin on top 10 coinmarketcap.

That's basically at the core of trading. You'll develop skills and strategies along the way but its always going to a buy low sell high target. Though of course we can't hit that all the time so that's where your experience and preparations would come in.

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August 14, 2017, 08:41:57 PM
 #43

I use Poloniex and Bittrex mainly for trading. I recommend converting BTC to USDT (as per above post) to take profit when BTC rise. Converting BTC to fiat usually cost much expensive fees.

Polo not trustworthy anymore Angry...because all those lags and couple my friends did not get they money withdraval from polo..one of friends wait for his money almost one month..
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September 06, 2017, 08:34:03 PM
 #44

I figer outed that altcoin called ganjacoin(420G) is going everyday 10-20% up and down couple times even more so anybody suggest daily conectration on one coin?I am good at longterm trading and medianterm treding but I want to learn now more about daily trading.
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September 06, 2017, 08:54:05 PM
 #45

I figer outed that altcoin called ganjacoin(420G) is going everyday 10-20% up and down couple times even more so anybody suggest daily conectration on one coin.I am good at longterm trading and medianterm treding but I want to learn now more about daily trading.

what comes up must go down again one day.
remember: nothing goes up forever
read a bit about market cycles.
there's several videos on youtube and articles
it helps to understand.

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September 07, 2017, 02:51:10 AM
 #46

If you to get gain there is only one way, buy low sell high.
The hardest point is to know where is low and high?
it is the risk and fun
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September 08, 2017, 07:43:24 AM
 #47

If you to get gain there is only one way, buy low sell high.
The hardest point is to know where is low and high?
it is the risk and fun
Well it’s a good suggestion for all to start your career as trader by investing a little capital in Bit coin when prices are low and start trading when prices are high. This is the only key to have greater profits buy low sell high and have a successful future as trader besides this luck also matters while trading.


 
 
 
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amaral1977
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September 08, 2017, 08:44:20 AM
 #48

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!
For this kind of trading strategy you can use any exchange. however the ones with higher volumes and better established are better option. For me personaly is poloniex and bitfinex. Both have their issues but still work for me. There are other options. Just be carefull and dont be too greedy on your margins or you will be panicking and selling on oposite directions.

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September 08, 2017, 08:52:35 AM
 #49

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!
For this kind of trading strategy you can use any exchange. however the ones with higher volumes and better established are better option. For me personaly is poloniex and bitfinex. Both have their issues but still work for me. There are other options. Just be carefull and dont be too greedy on your margins or you will be panicking and selling on oposite directions.

But if you want to feel safer and have an ease trades then go to bittrex since this exchange are the most prefered exchange by most of the traders now. And I will just simply ride with the fuds and monitor some movements if there would be a good coin who got a nice pump and dump recently.

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October 17, 2017, 03:20:58 PM
 #50

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!

Mostly people here in our country using poleniex and bitfinex in converting altcoins to bitcoin or vice versa.we used this because its easy to used,even there are issue this in the past few months  but its working for us.there in poloniex we can know when to buy low and sell high,we can see the statistic of the data if the digital currencies will pump or dump.

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October 19, 2017, 11:18:33 PM
 #51

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!

Mostly people here in our country using poleniex and bitfinex in converting altcoins to bitcoin or vice versa.we used this because its easy to used,even there are issue this in the past few months  but its working for us.there in poloniex we can know when to buy low and sell high,we can see the statistic of the data if the digital currencies will pump or dump.
In digital currency pumps and dumps are the parts of the game and if these will not happen then there will be no profit because dump attract people toward the coin and pump will make the profit to happen an if any of these cycle will be taken own crypto will just like flat currency and buying at low is the best thing so buy as much as you can to earn a lot in future.

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October 20, 2017, 12:42:34 AM
 #52

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!
For this kind of trading strategy you can use any exchange. however the ones with higher volumes and better established are better option. For me personaly is poloniex and bitfinex. Both have their issues but still work for me. There are other options. Just be carefull and dont be too greedy on your margins or you will be panicking and selling on oposite directions.

Polo was a great trading platforms before but since the surge of customers, they have somewhat fallen specially in the support area. Tried bitfinex though, although I have the same issues with Polo I doubt have a choice. However, I'm going to shop around again with a better trading exchanges.


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October 20, 2017, 12:53:30 AM
 #53

I figer outed that altcoin called ganjacoin(420G) is going everyday 10-20% up and down couple times even more so anybody suggest daily conectration on one coin?I am good at longterm trading and medianterm treding but I want to learn now more about daily trading.

That’s a good analyzation you will surely make money thru this coin if you are right. Well this is just a basic rule for every trade buy low sell high but of course you still need to study the coin so you can fully make money.

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October 20, 2017, 02:43:38 AM
 #54

I figer outed that altcoin called ganjacoin(420G) is going everyday 10-20% up and down couple times even more so anybody suggest daily conectration on one coin?I am good at longterm trading and medianterm treding but I want to learn now more about daily trading.

That’s a good analyzation you will surely make money thru this coin if you are right. Well this is just a basic rule for every trade buy low sell high but of course you still need to study the coin so you can fully make money.
In fact, there will be a lot of benefits that you get if you focus on only 1 altcoin. like fyn. the price always rises with the $ 1-2 price range, which always rises in the $ 0.04 - 0.15 price range. well, but that's not always the case. but many people are benefiting just because of 1 altcoin.

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October 21, 2017, 02:48:01 PM
 #55

This is a trading technique because the market is in a positive condition, by buying at a low price and selling it at a price slightly higher than the purchase price by targeting the price to make a profit. It's so simple you only need to change the bitcoin into your local currency after the bitcoin price goes back down, you re-buy bitcoin with the local currency you use.
in fact every person want to use the same strategy but some time it become difficult when they trapped by panic selling and instead of making money they even lose their money. and specially those people who are very new in bitcoin trading and when the price start decreasing they cannot dare to hold and even sell their bitcoin in lost.
Sometimes people will think again to take action to buy when prices fall, the reality is not too difficult in trading, but if you buy at a low price you have to hold it for a while so you generate greater profits, but a little risky. We need a new breakthrough strategy to give us an advantage.

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