Buy low sell high?

[bennie4]

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!

I think that in order to make a profit we have to do the same, but you can see that the market is fluctuating continuously and it is difficult to predict, bitcoin and altcoin prices are constantly adjusting and falling sharply. Over time, this shows that investors are withdrawing and withdrawing from the market. With a market that has no peaks and no bottom, I think you always have to have a specific trading plan and divide capital so that you can minimize the risk.

[cokroalif]

It depends on you as a trade, indeed the prediction is difficult, but must be accompanied by methods and strategies of tranding, because everyone refers to it all, while for your topic, I suggest selling it to local currency because the price is not fulsive when the price goes up and when the price goes down you can buy bitcoin again

[tonyja2017]

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!

Currently I use Coinbase to invest that strategy. Coinbase has very fast transaction speed and high security. I never fear losing money and my transactions are done quickly.
I think we should only use ETH to invest because ETH has a lower volatility than Bitcoin and your money value will remain the same.

[brenzosa]

Bitcoin is quite popular nowadays that I believe there are local wallets offered in almost every country.  These local bitcoin wallets usually let you exchange your bitcoin into local currency and back.  But i think there would be kyc involved and daily limit on withdrawals of fiats.

[qiwoman2]

I used to like arbitrage trading as that guarantees a profit in all circumstances. Now what you need to do for this is to pick a few coins that are on many exchanges and check if there is an arbitrage opportunity, but for this kind of trading where you are buying low and selling high all at the same time is risky because you need to be very quick or have both btc/eth on the exchanges as well as the coin you want to trade. You also need to make sure you want to hold the coin as well if you are lumbered with it. 

[shawn995]

That is the typical and exceptionally fundamental exchanging system. Purchase at plunges and offer at high. In any case, to know when to purchase and when to offer, you have to screen the market constantly and afterward just you will have the capacity to establish that.
Additionally I won't prescribe you to utilize any altcoin with btc exchanging in light of the fact that their cost are extremely unstable. So except if you screen that market intently, you may make misfortune from your exchanging. Rather, I will recommend you to utilize btc/usd match simply because it is anything but difficult to screen and get it.

[herrzinfakt]

Binance is a good choice however, there is a larger fee. For safer trading, try multiple exchanges. Coinbase is an another good one. If you have a specific altcoin that you trust that isn't going to dip just like bitcoin, then I would suggest using that. Switch your bitcoin to that altcoin when it's high and then switch back when it's low but usually altcoins are affected by bitcoins so watch out.

[lushlife]

Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.

[inspirone1]

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 law is most basic from the others, but it is not always working that way because there are coins which are not having there's low and high States they are just following continuously, so before doing that you need to find the coin.

[Slow death]

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.

People use binance and bittrex. for example when you think the bitcoin price is too high you can switch to USDT and you do not have to withdraw your USDT, then you expect the price of bitcoin to fall and buy bitcoin using this USDT

exchanges, what crypto do you recommend converting BTC to, in this situation?

https://www.binance.com/en/trade/BTC_USDT

https://bittrex.com/Market/Index?MarketName=USDT-BTC

[akosipepot]

Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.

I very much agree. The rule still stands for any type of short of long term trading  because you only make profit as long as the profit outweighs the costs.

[Zooplus]

Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.

I very much agree. The rule still stands for any type of short of long term trading  because you only make profit as long as the profit outweighs the costs.

Right.But sometimes when we trade with emotions,it's hard to wait for the price to bounce back again especially when we see the market price continues to fall.That's when most of us develop fears and resort to panic selling then.So instead of waiting for a huge profit,a big loss might took place.

[Vaculin]

Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.

I very much agree. The rule still stands for any type of short of long term trading  because you only make profit as long as the profit outweighs the costs.

Yes.Just buy when the market is in dips and then wait for the perfect time to sell them when the market price has made a good price increase already.But if you see that the market continues to fall heavily,take time to rest.Keep your faith strong and stretch your patience.I know you will be paid off with all your efforts when the market leaves its bearish trend already.

[lagista]

buying low and selling high is one of the best strategies. because now only this strategy can be used as a benchmark for getting profit. so I think when we get a chance we can continue to buy at low prices and sell at high prices.

[Jenits]

I'm using binance and kucoin now a days market is going dow that's why I started to buy bitcoin and ethereum at cheap price and I believe that I can earn a lot of profit from buying bitcoin and ethereum at cheap price

[hatsoff2btc]

Bitcoin is quite popular nowadays that I believe there are local wallets offered in almost every country.  These local bitcoin wallets usually let you exchange your bitcoin into local currency and back.  But i think there would be kyc involved and daily limit on withdrawals of fiats.

It would have been so amazing if wallets are allowed in every local country. But the reality is totally different. Except some countries, bitcoin and other crypto aren’t allowed to even use in most of the country. People want to earn from them and to use them in good place but I am not sure what is hanging out in government’s mind. They aren’t legalizing this tremendous source of income.

[ThKevin]

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 is a common thing to do and usually it is working but I would say that you will not achieve any great results with that strategy, because to be successful you need to take risk, and sometimes it would not be obvious and laying on a surface.

All people have the same expectation from the market, they know that they have the only way make money and that is to buy low and sell in high price, for that they study the market regularly and waiting for the best time to enter in to the market.

[Amyotocta]

This is a right time to be buying cryptos, though a lot of people keep on selling.

[JeassonHunter]

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!

i thought this thing did by everyone in trading, i think most of people do this to earn or gain profit fron there investment.

[francedeni]

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!

i thought this thing did by everyone in trading, i think most of people do this to earn or gain profit fron there investment.

This is most traders do buy low and sell high which is profitable during trading. Search for the best wallet that most users used. Always analyze the situation when in buying coins invest on what you can afford.