Would you recommend this method to earn?

[Herlina]

Agreed actually I already knew the answer to that question. as i have been doing trading, i own 25 coins at moment as i am always buying and selling and trading etc.
with careful calculations.
so far it is working and i do it as a learning experience as well
trial and error is key to learn
as i have done some losses, i gotten more gains

only reason i started this forum i just wanted feedback and see if others are just doing the simple method and just focus on one crypto and buy , sell and take out as market moves around

I think all traders use this way because this is the basic way of trading but the time and price that differentiates us when selling or buying
And I suggest to not focus on one crypto because there is a saying about "don’t put your eggs in one basket"

[1715655082]

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[1715655082]

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[1715655082]

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[1715655082]

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[Svelto]

This method to buy low and sell high is exactly what we are doing when trading. So, the answer to your question, this method is perfectly fine.

However to earn money, you must know when is the “low” to buy and “high” to sell. For this, you have to analyse the market, keep up with news and practice. Good luck to you. 

[sofi@]

This is somehow a good strategy to earn from trading but I think it will not maximize your earnings because at certain point you have to buy or sell coins in a matter of little pump or dump. I think the best strategy is holding your coins for a specified time frame like for example 1year so that the value is good enough especially if you don't need yout money yet so you could earn well and still continue to invest when the price is dropping

[Partizanai]

I presently use an exchange service, that has option to hold in Fiat money as well, such as USD

would this method work.

1. put some money into a crypto. e.g. ETHEREAL

2. wait for it to all go up, the rates to go up
3. withdraw all or just the gained earnings and put into Fiat account as holding
4. wait for Ethereum etc to go down again, to fall
5. reinvest and put in from Fiat account again,
6. wait for Cryptos to go back to green again.
7 repeat cycle


would you consider this as a decent way to make earnings in crypto?

I believe this is called day trading, and day trading is not as easy as it sound, looks like a fairly easy concept, but everything may go your way few times in a row, you get good profit and then suddenly one mistake and all those profits are gone and you funds are locked, or you suffer a loss if you dont want to lock up your funds

[flatnose101]

Agreed actually I already knew the answer to that question. as i have been doing trading, i own 25 coins at moment as i am always buying and selling and trading etc.
with careful calculations.
so far it is working and i do it as a learning experience as well
trial and error is key to learn
as i have done some losses, i gotten more gains

only reason i started this forum i just wanted feedback and see if others are just doing the simple method and just focus on one crypto and buy , sell and take out as market moves around

I think all traders use this way because this is the basic way of trading but the time and price that differentiates us when selling or buying
And I suggest to not focus on one crypto because there is a saying about "don’t put your eggs in one basket"

the way on how we are earning here the method or everything that we have to get for here i may say that some of us yes they are able to have suggest this but based only by there experience for cause the way on how you are able to earn money and you wanted to help one another off course this is what you may suggest for.

[serjent05]

OP method is actually a way to go to increase holdings.  Buying when the price is low and selling when it gets high.  Rinse and repeat.  I also use this method but instead of fiat I use BTC and an altcoin.  It is a very effective method but we need a perfect timing and time here since it really takes time for the price to adjust.  Worsed it will never go down so we need to have some reentry point.  same goes when it goes down and never goes up again.  This thing happen so we better prepare for it.

[fat buddah]

That is fine, why aren't you using this to earn money? i have been using the same method for more than a month, it is not very profitable at the moment because of the high fees that you need to pay, but yes, with lower fees it could be a good way to earn

[Soksuci]

Not at all. Invest or trading in the btc pairs, so if you make profit, the profit will be in Bitcoin.

When you start by having 0,1 btc, repeat the profit cycle until you make 20 btc, hodl until Bitcoin $100.000. Then you profit will be more than doubled.

[ajmapalo22]

Yes this is somehow a good idea for those who cannot avail holding cyrptos for a long term investment and also with this strategy they can assure income to collect after a short period of time. But if you can hold them for a long run better do so because with that you can maximize your earnings especially if you don't need your money yet because selling will lose the opportunity for a much higher income

[jerry0]

Would you say better to sell all the altcoin or a portion of it?

[Kupid002]

Yes this is somehow a good idea for those who cannot avail holding cyrptos for a long term investment and also with this strategy they can assure income to collect after a short period of time. But if you can hold them for a long run better do so because with that you can maximize your earnings especially if you don't need your money yet because selling will lose the opportunity for a much higher income

holding are pretty much better than anything else for your assurance of it and you are able to see and to look it up and you may secure it , holding cryptos are getting more good and this is somehow some other people choose to take holding.

[askabir6]

You need a better knowledge than that to become a profitable trader. You need to know what coin to buy, when to buy, when to sell, when to take stop loss, when to take profit. Trading is much more complicated than that.

[creeps]

1. put some money into a crypto. e.g. ETHEREAL

You meant Ethereum, right?

Sure, it is a valid method. Sounds simple right? But how are you going to know when to buy and when to sell? If you don't know what you're doing, you're definitely going to have some losses.

This is just a simple method, buy low sell high and I think if you really want to do trading better to learn more about technical analysis. Although this is a good strategy for newbies but if you still want to earn more do learn more.

[alfs75]

I presently use an exchange service, that has option to hold in Fiat money as well, such as USD

would this method work.

1. put some money into a crypto. e.g. ETHEREAL

2. wait for it to all go up, the rates to go up
3. withdraw all or just the gained earnings and put into Fiat account as holding
4. wait for Ethereum etc to go down again, to fall
5. reinvest and put in from Fiat account again,
6. wait for Cryptos to go back to green again.
7 repeat cycle


would you consider this as a decent way to make earnings in crypto?

Will,that great idea!maybe we could learn to this strategies something ,and maybe we can used this method in the way of investment trading.i believe that each one of us have a different idea and strategies  on how to become a profitable,but in my own way i have three different idea on how to become profitable and i called it A,B,C,this only a simplest idea that i can learn in my seminar in my works,and i apply it to this world of digital curreny.

[SamsungBitcoin]

Trading metgod is one of the best source of income here in crypto currency, and yes i will recommned this method to other users who are looking for lefit method also holding ethereum is like holding a gold because it is one of the best coin that has a great future even the value was slowly increasing but in the long run it could gives you an income.

[goldade]

I personally think it's a good method to earn bitcoin. The advantages are actually more than the disadvantages. The problem with this method as with all other trading methods is knowing the right time to sell.
In order to make massive profit, one has to be observant of the coin's chart else one may be heading towards loss.

[gidaahmad]

The method you use is the same as the method I applied. And I think the method is right, because based on the experience of traders, the coins we hold will surely rise in value. And just like you, I also prefer to play on Money Exchangers supporting FIAT.

[Shanmatthew]

I presently use an exchange service, that has option to hold in Fiat money as well, such as USD

would this method work.

1. put some money into a crypto. e.g. ETHEREAL

2. wait for it to all go up, the rates to go up
3. withdraw all or just the gained earnings and put into Fiat account as holding
4. wait for Ethereum etc to go down again, to fall
5. reinvest and put in from Fiat account again,
6. wait for Cryptos to go back to green again.
7 repeat cycle


would you consider this as a decent way to make earnings in crypto?

This cycle is always do each traders.this is a basic cycle of being a trader and this a effective method so I recommended this cycle to other newbie traders to earn more profits in the present also in future.

[maydna]

I presently use an exchange service, that has option to hold in Fiat money as well, such as USD

would this method work.

1. put some money into a crypto. e.g. ETHEREAL

2. wait for it to all go up, the rates to go up
3. withdraw all or just the gained earnings and put into Fiat account as holding
4. wait for Ethereum etc to go down again, to fall
5. reinvest and put in from Fiat account again,
6. wait for Cryptos to go back to green again.
7 repeat cycle


would you consider this as a decent way to make earnings in crypto?

I think this could work for you but you need to be patient because you don't know when the time is up or down so you need to place an order buy and sell so you don't have to miss the right time. it will be good if you can find a good coin that will work as you want and you need to analyze each chance for each coin. but I think if the coin doesn't have a fast moving, then you might be a weekly trading because it will depend on the coin movement itself.

[meldrio1]

I presently use an exchange service, that has option to hold in Fiat money as well, such as USD

would this method work.

1. put some money into a crypto. e.g. ETHEREAL

2. wait for it to all go up, the rates to go up
3. withdraw all or just the gained earnings and put into Fiat account as holding
4. wait for Ethereum etc to go down again, to fall
5. reinvest and put in from Fiat account again,
6. wait for Cryptos to go back to green again.
7 repeat cycle


would you consider this as a decent way to make earnings in crypto?

this method is good you can make money by this method but you should careful to invest an altcoin because some of them will not go up anymore.