caloy06
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April 17, 2018, 10:23:47 PM |
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Yes, I want recommend this method to earn money. We must know this opportunity to get add knowledge about easy way to earn lot of money. This method it is good to us like me so, if we recommend this method in everyone the possible happen is more people have no job are use it this method to earn money and the poverty in our country are less.
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dsaijz03
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April 17, 2018, 10:26:08 PM |
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Yes, I actually sometimes did that but the question I, how long you are willing to wait? Specially now that price of cryptos had a huge change and we do not know when will it be back but if you can wait or you are willing to wait that is a good way of yours since we all know that is a normal process of the crypto currencies and possible profit if you are holding potential cryptos.
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Tenderino
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April 17, 2018, 10:36:43 PM |
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Based on my many years experience with crypto currencies and what I have seen and experienced and considering that bitcoin and ethereum is already relatively high priced, the best method to earn with investing in crypto currencies is using your time and skills and research new and low priced but promising ICO and altcoin projects.
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lienfaye
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April 17, 2018, 10:49:13 PM |
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i some what been doing that, just been looking at the markets, almost by the hour, very closely, in other words putting in lots of time. watching everything so far seems to be ok. i tried this last 2 weeks at a lower end crypto such as Verge and method did work. prob earned like $500 in a short time.
This method requires lots of time to monitor the prices of your coins and since you have it you can focus in your investment without having a problem. I also tried this before when I still dont have work, our local wallet has a fiat storage as well, I used to fund my fiat so I can buy btc when the price is going low then sell but I need to monitor often the price so I wont missed the right time to sell. This stop when I got my job and became busy. I think it depends in a user itself how they can stand to do this, if you are already earning and doing good by using this strategy then continue to do so because that's what matters.
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liivii
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April 17, 2018, 10:58:38 PM |
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Because your earning will depends on your skills and strategies rather than those investment sites that just putting your money and wait if that site pays or not. Trading is the best way to earn right now and maybe in more years, so you must start doing it right now or else you will miss the opportunity to become a successful trading in the future. Start with the basic trading and day by day you will learn new and more advance knowledge, also make some plan of buying and selling a coin for your preferred price range.
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rodskee
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April 17, 2018, 11:10:06 PM |
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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?
wisely moves mate yes of course your have a brilliant idea's how to grow your investment, but be careful on the way's investing in crypto currency are very volatile from time to or very seconds have possibly past growing up or falling dump, your need to monitor your investment. I believe in your idea's in that way you can earn decent ways of money for your savings needs but take note we're herein crypto to promote new digital currency not only to earn fiat money, because THE GOAL are is to replace fiat money and crypto's are become next world currency.
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NavI_027
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April 17, 2018, 11:29:28 PM |
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To sum up, what you are pertaining is the "Buy low, Sell high". Of course that's a valid and a good way strategy to earn money especially for small investors like us. In this times, my advice for you is to buy more coins (in btc to be more specific) because the price on the market are not yet fully recovering. It seems that you act like a newbie despite of having a Member rank here in the forum, smells like fishy ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Anyway, good luck to your bitcoin journey.
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butrsukumpanumet
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April 17, 2018, 11:49:20 PM |
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That is a basic trading principle. Buy low, sell high, repeat. But how are you going to know when to buy and when to sell?
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yojodojo21
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April 18, 2018, 12:25:33 AM |
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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?
Mate the market cannot be predicted just by it's volatility and nobody can stabilize the market. So if you are just basing on color red and green then the money you have will not be doubled in a short period of time if you don't no how to make it roll in trading. HODLING and waiting for the green line is a good attitude but money is taking too time. Buy more Bitcoin and then trade to altcoins and every 10 percent you earn you set aside to HODL, in just a month if you keep 10% earning in trading then you have 300% of your earnings and then last day of the month get 100% of the earning you keep and add it to the money you roll.
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Sinecoin
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April 18, 2018, 03:55:54 AM |
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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?
ya this is called riding the swings and is how many people trade. It sounds like a fairly easy concept except for when it comes to deciding what price to buy in at and what price to sell at. You sell and instead of the price dropping like you predicted, it will rise and might never go down back to what you sold at.
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jaocoincrypto18
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April 18, 2018, 04:04:08 AM |
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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 is a sell it high and buy it low trading strategy in which you could really earn but the question is how can we predict that the price will going down or it will continue to pump up? This is very applicable if we could predict the unpredictable market value but still this is useful if we are very contented in a small earnings then we could sell it high and buy it low forever. Investing in Crypto currencies is very risky in which sometimes we need the power of luck for our constant earnings and not just waiting and hoping that the value will rise up then down again.
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lushlife
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April 18, 2018, 04:21:26 AM |
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Yes, this is the basic strategy, buy low sell high. BUT knowing where to buy and sell is the difficult part.
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Jasper Dudong
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April 18, 2018, 04:23:59 AM |
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If you have a lot of funds, this will be a good traiding strategy. Patience is the key. The problem is when you sell when it goes up, then after selling it goes higher. But gain is gain as they said.
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shezu007
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April 18, 2018, 04:45:43 AM |
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This technique requires bunches of time to screen the costs of your coins and since you have it you can center in your speculation without having an issue. I likewise attempted this before when despite everything I don't have work, our neighborhood wallet has a fiat stockpiling too, I used to subsidize my fiat so I can purchase bitcoin when the cost is going low at that point offer yet I have to screen regularly the value so I wont missed the opportune time to offer. This stop when I landed my position and wound up occupied. I think it depends in a client itself how they can remain to do this, in the event that you are as of now gaining and doing great by utilizing this system at that point keep on doing so since that is what makes a difference.
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hason88hvbc
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April 18, 2018, 05:19:24 AM |
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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?
Investing in Crypto currencies is very risky in, it is difficult to predict the trend of the currency, but the question is how can we predict that the price will go down?
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buwaytress
Legendary
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Join the world-leading crypto sportsbook NOW!
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April 18, 2018, 05:38:05 AM |
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Sounds easy, doesn't it? Don't think any of us here haven't at least fantasised about doing exactly that sort of thing, doubling Bitcoin balances with a few flips, taking advantage of the swings we know happens with Bitcoin on a daily basis. But the reality is that all strategies only work in hindsight. Theoretically even, everyone doing it at the same time just wouldn't cut it out - for every maker there has to be a taker. Or several makers for a taker and vice versa. The novice thinks he can be the one initiating this. The experienced trader understands that he can't game the market, and relies on patience and discipline (take what you set out to, lose what you were ready to). Mate the market cannot be predicted just by it's volatility and nobody can stabilize the market. So if you are just basing on color red and green then the money you have will not be doubled in a short period of time if you don't no how to make it roll in trading. HODLING and waiting for the green line is a good attitude but money is taking too time.
Buy more Bitcoin and then trade to altcoins and every 10 percent you earn you set aside to HODL, in just a month if you keep 10% earning in trading then you have 300% of your earnings and then last day of the month get 100% of the earning you keep and add it to the money you roll.
Easier said than done, buddy. Holding is probably the only strategy suited to most people, for as long as they have the patience of years.
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sudnokpok
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April 18, 2018, 05:46:08 AM |
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thanks i am not a panic seller. as when the markets go down a bit, i don't sell out. only loss i do get is from gains made, not what i put it as seems it always go back up and even higher after a dip
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Shamie1002
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April 18, 2018, 01:06:04 PM |
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I personally think that many people are doing this right now but as the adaption of the government is being set in place, fees will not be friendly anymore. I say it is still a good technique for now. Though it is a bit risky because you can't rely solely in predicting prices, just try to be patient and use segwit wallets that promotes lesser or cheaper fees.
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kolega
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May 01, 2018, 09:15:56 AM |
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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?
Of course, this is a good method and with the right actions, it will bring income. Still you need to be defined with tools which will help to understand when to sell and when to buy. But in general, approximately by this method, classical traders work.
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parthgajjar
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May 01, 2018, 10:23:49 AM |
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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 that with a market that is constantly fluctuating and difficult to multi-monopoly, it is very difficult and very risky to trade successfully. But it is not impossible to make money at this moment. In a market like today, you should trade in the short term and not put too high on profit expectations, so you can accumulate safe returns and minimize risk.
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