udidrone
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August 23, 2018, 10:27:32 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.
If traders can take a chance in bull market maybe buy high and sell high can be happen, but i don't think a lot of people can do it because they afraid if buy coin in high price, they can loss too much
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renz0
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August 23, 2018, 11:54:12 PM Last edit: August 24, 2018, 12:07:15 AM by renz0 |
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Buy low and sell high is the basic thing to do in the trading business of course to earn profits. But like what you've said if it is there any way you can convert your crypto from to the other depending on the value is for me, not necessarily. Just keep it that way that once you invest in crypto, for example, BTC, ETH, BCH, RIPPLE or whatever, just hold on to that. Anyway, most of these coins are dependent with bitcoin price most of the time. When bitcoin price is ups or downs it follows. So no need for you to convert from one crypto to another.
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kakonhat
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Crypto in my Blood
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August 24, 2018, 04:37:51 AM |
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You can use any trading exchange site, You should go to coinmarketcap and see what is suitable for you. There are many exchange site info in coinmarketcap. I think you can use Binance, Bittrex, Kucoin and more. I hope those will help with your expectation. There you can convert to USD and BTC also. So just see those exchanges.
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Mlowo
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August 24, 2018, 07:23:34 AM |
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indeed now we have to buy coins that are in the bitcoin market at a low price and sell at high prices, I can trade can also buy coins at low prices and sell coins at high prices in order to get a lot of profit
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readygoaw
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August 24, 2018, 08:57:14 AM |
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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.
Most of the guys use this strategy. It will be very strange if somebody decides to do the different thing - to sell his alts when they are down, and vice versa.
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developer101dev
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August 24, 2018, 09:41:49 AM |
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indeed now we have to buy coins that are in the bitcoin market at a low price and sell at high prices, I can trade can also buy coins at low prices and sell coins at high prices in order to get a lot of profit
Yes you are right, the market right now is currently low and you should take advantage of the current situation in order to earn more profit in the market.
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Fredomago
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August 24, 2018, 10:17:22 AM |
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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.
If traders can take a chance in bull market maybe buy high and sell high can be happen, but i don't think a lot of people can do it because they afraid if buy coin in high price, they can loss too much That's riding with moving coins, if you know how to sort things out from the wild market you will be able to buy when mooning is still approaching and before it ends you will be able to sell with some profits, the bad side of this strategy is when a traders become too greedy as they will keep holding aiming to sell into the peak but regrets when things start to fall down.
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umbara ardian
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August 24, 2018, 10:30:31 AM |
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yes you are right you should be able to do this method to be able to get a lot of profit, you can buy when the price is low and when the price falls and sell it when it has gone up again.
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noah tall
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August 26, 2018, 03:45:07 PM |
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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 .
That is of course a simple logic and one does not need a high mathematical skills or technical analysis to do it. You just have to invest it your money in a point in time when the price of the coins you want to invest in is down. If we take a clear observation of the market right now, the values of most of the good coins is down. This is not the failure of the cryptocurrency nor stagnation but the recession phase and there are good signs we will recover again so it is high time to invest in cryptocurrency now.
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Darz299
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August 28, 2018, 02:05:57 AM |
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most traders use techniques or methods like this, they buy when prices are low and resell at high prices, for traders who are looking for is profit, they expect big profits, I also feel this is not cryptocurrency failure or stagnation but recession phase and there are good signs we will recover so it's time to invest in cryptocurrency now.
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Experia
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August 28, 2018, 02:58:33 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!
im only using my local wallet to do that im converting my funds when the price reach my desire amount and convert again when the price is low because converting is like buying again with a low price.
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KuromaYoichi
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August 28, 2018, 04:13:59 AM |
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Well that's the point of trading, buy when the price is low and sell when the price is high, you can do it with any exchange as you like but I usually trade on binance because the volume is high so it make trading easier, also it seems like you are completely new to trading in general so i suggest you learn the basic first so you won't lose a lot of money.
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XIANNE25
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August 28, 2018, 04:29:11 AM |
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Im not using coinbase for converting/trading my btc..u can use any of the big exchanges which is convenient for u..for me im using binance mostly..i buy low and sell high and since the value of btc is not stable u can park it to usd..i mean u trade ur btc into usdt and wait for the next dip and buy btc again
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Sadlife
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August 28, 2018, 05:09:03 AM |
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Coinbase is not the site to go when you want to buy or sell bitcoins or if you want to convert your BTC's to another crypto currency cause they have some issues of missing funds of some of their users and some unknown transactions without the users notice. Best site for trading is binance and bittrex.
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NonSong
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August 29, 2018, 05:38:04 AM |
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It is a basic knowledge of a Trader But does it really effect you need more skill and experience Don't let your money soldier dose
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beezunus
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August 29, 2018, 06:10:04 AM |
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in trading we must be able to analyze the market well and know the opportunity to be able to get profit and I think the most important thing in trading is buying at a low price and selling at a high price
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Panunggalan
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August 29, 2018, 07:44:35 AM |
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my technique is to buy low sell high, follow the technique of trading with low buying and selling high, we have to be smart in investing and also we have to get a lot of profits.
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hungafub
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August 29, 2018, 03:50:37 PM |
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indeed now we have to buy coins that are in the bitcoin market at a low price and sell at high prices, I can trade can also buy coins at low prices and sell coins at high prices in order to get a lot of profit
Divide between a few promising alt coins. The potential returns you could get from holding bitcoin would be nice, but are dwarfed in comparison of what you could make from others.
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tanzaholzmann
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August 29, 2018, 03:55:24 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!
I try to use rupiah (Idr) when trying to sell bitcoin at high prices and try to buy back at a low price, And if you are interested this is the official market link https://indodax.com
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TheReverend
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August 29, 2018, 04:02:50 PM |
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i think that just prediction. nobody really know when to convert to fial when market down and buying, then convert to btc when price raise. because some prediction will never acccurate 100%, so if you mean like that i think that hard, even pro trader never always win.
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