Buy low sell high?

[Fredomago]

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!

Coinbase isn't directly an exchange but also a wallet that can hold few popular coins in the market. Expect the usual (BTC, ETH), as a newbie mistake I thought it can also hold ERC-20 Tokens though but yeah careful with that. Go for Binance, Bittrex, Poloniex when you're looking for exchange. Don't use it for your primary wallet though, as you're gonna be screwed when things go wrong.

Doing the buy low and sell high can be done much better using exchange site, with their btc to usdt offers you can also take advantage of some arbitrage trading, not alone with coinbase or you local Fiat to btc exchange but also find those exchange site but always read first their rules so you won't get any issue after depositing your money.

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[Cotton Candy]

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 that is the greatest concept buy in terms of the new comers in here they are struggling in holding those coins whenever it is beginning to fall they are panic selling it and forgetting the fact that they should sell in a higher price amd with that panic they sell the coins in a much lower price lower than they buy it which is a wrong thing.  That also makes the coins fall much more.

[rakibpintu]

Yes you can buy low and sell high that we recognize it for trade.  And did you buy for some benefit at exchange site depends on market.  More over time market down just hold to go to their great position. you can buy low and want to sell high this year it may be done or not may be.

[jeraldskie11]

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!

According to my own experienced. I tried many exchanges so that I recommend you to use Binance exchange because all that you wanted is with them. You don't need to be worry if you put some funds in them because its highly secured exchange and most of all they are only accepting very serious blockchain project. In other words, they accept only for listing if their currency is belong in top markets in CMC.

[nano77]

in trading, the most basic thing that must be known is to buy at a low price then sell it when the price is high so we will be able to get profit, of course we must be able to find a coin that has good and favorable price movements

[coffigayo]

In my opinion this is a trading technique because the market is in a positive condition, buying at a price lower than the purchase price by targeting prices to make a profit. So the basic idea is to buy low and sell high but altcoin rates will be adjusted to the level of Bitcoin we use .

[danherbias07]

Exchanges have Tether now and it is like USD already. So it is like doing the same thing. The difference is it just called "Tether".

You may want to try it but do it at your own risk.
I still believe this Tether thing will just explode any minute and all of that billions of money will just be lost forever without any sign of whoever did it.

Well, they may say it is another hack which is almost the same reason of any token over and over again.

[tuhnupeppu]

This is the most basic part of trading. Buying at a price lower than the average, if there is an average, or buying before prices go up. And then selling at a high or highest peak of the item. This sounds way easier than it is. Because you can't predict 100% what's going to happen to the market you might not be able to do this very efficiently all the time.

[lavara]

For this fit almost all stock exchanges, but there are certainly bad, there should not be changed. The fact is that it may not be safe or technically, for example, a very weak exchange-it is better to choose large tested ones. I use CUCOIN IDEX LIVE COIN and others. This strategy can also give a good result.

[ojanamon]

Now all market is low so it's best time to buy all coin when market is positive then sell your all coin  this is the good strategic

[dungthuy]

Every traders aim to do this, however in practical, it is never that easy, many criteria make people hesitate to buy at low price, and some times they buy straight at the tops because that time seems like the best time to do. So whatever to do, you have to carefully research and then decide.

[nydiacaskey01]

Not all the time its "Buy low & Sell high" there are times you will Sell below your target because you see another investment that will give you more profits in a shorter period of time rather than holding on to that prior investment and wait for profit to come. But be careful of not falling into the trap of FOMO. If a coin is pumping already, don't jump in and sell your other assets. Its a trap that you will regret in the end.

[narielle]

This is the basic strategy of trading, Buy low, sell high. But most of the people do the different thing specially, the newbies. There are instances that we cannot avoid to lose specifically if the market moves faster or there is pump and dump scenario. But learning how to make income using this strategy is good so that earning of crypto is faster.

[Raiwenkai]

Yeah that is my strategy I buy token in a low price and I  wait it to pump or to increase the price then I start it to sell. For me I am a type of trader who are willing to wait because I want a big profit.

[buivanquan22]

I see many people doing it. But it must ensure that the two sides price difference is large enough otherwise you will lose due to transfer fees floor. The transfer money must be large because the difference between the exchange rate is very low

[Semedojunior60]

That's has always been the strategy. Buy low  and sell high. But recently, the market trends has changed a lot of things. The dip or low is no longer recognized

[jaicos88]

now is a good time you can buy the price now, because now the price is cheap so you will also get many benefits.

[leowonderful]

It's easy to execute, and I also personally do this. Just be ready to hold coins for some time, or, if you have weak hands, sell at a loss if things don't go as expected and prices go down- people have been trying to buy low and sell high for months, and many have been burned in the process as prices have been sliding down towards $6k in the last few months.

As for a potential exchange to easily transfer coins, Binance is a decent option if you're not going over 2BTC in daily volume- you won't have to verify yourself if you're under that threshold. Some people have reported having to verify randomly, though, so be ready for verification if needed.

[marketone]

This is the basic strategy which every one will start the trading on this basic model only but after entering it is impossible to control the emotions of the trader. Sometime market will drive us, to buy and sell them at higher prices and this makes us hold them a certain period of time.

[duyduc256]

Yeah that is my strategy I buy token in a low price and I  wait it to pump or to increase the price then I start it to sell. For me I am a type of trader who are willing to wait because I want a big profit.

This rate is only 10% to win. I am sure you will fail more during this period because this market is very unpredictable at this stage and may collapse at any time. If you want to make a good profit, then you better learn how to manage your capital and wait for good times to make a profit as most people are depressed about this market.