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Author Topic: Would you recommend this method to earn?  (Read 900 times)
maydna
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July 30, 2018, 04:07:05 AM
 #101

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 am sure that this way will work for every trader because if you stay with fiat, you can buy bitcoin as the main coin in the crypto so after that you can buy every coin that you want. and if you can repeat the cycle, I am sure that you can increase your money amount and you can see your balance will also increase. but to do that, you need to have the skills to know what coins that will increase, you need to know when the best time to buy and sell so you can make a lot of money.

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Petrogradka
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July 30, 2018, 09:45:15 PM
 #102

Very good scheme, tried a couple of times earned some money
A good option for any trader!
To earn more you will need:
Intuition and analysis of coins!
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July 30, 2018, 10:02:13 PM
 #103

In fact, you described how to earn. All of us already know that it is necessary to buy as cheaply as possible and sell as much as possible. The essence of trading strategies consists not only of this basic principle. The ability to earn on crypto currencies is the knowledge of what kind of coin to buy / sell, when to do it and in what paired of coin to do it. For example, today it is profitable to sell the coin X for the USD, and in a few days it is profitable to buy it only for the Ether, but for the USD is not profitable. And you will stay with your USD, not being able to buy a coin X.
You try to earn your "method", but do not forget that you need to think and develop. Think globally, read useful information, train and practice. Good luck!
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July 30, 2018, 10:25:25 PM
 #104

Yes, this is a good strategy for earning on the crypto currency, but not always the course of the crypto currency returns to the previous price levels. Using this strategy, you can not earn as much as if you just kept the crypto currency and would not transfer money to fiat.
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January 18, 2021, 05:48:14 AM
 #105

 Shocked just do the same I don't withdraw I'm buying stable coins

maldini
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January 18, 2021, 02:06:53 PM
 #106

A great deal of the coins being delivered are shitcoins as of now. For instance, a couple of years prior putting resources into litecoin would of been entirely productive, however everything relies upon how regularly you need to exchange. Bitcoin use them as a business stock. You will realize the value rise however you imagine that your cash will have a high worth don't money your bitcoin use it for venture and ling term holding.
Issa56
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February 06, 2021, 05:49:53 PM
 #107

There are lot's of pattern of trading depending on the kind of pattern that works for you everybody has his or her own pattern that works for them and that's the must important thing in trading always look for methods or pattern that make you secure maximum profit. As a beginner the must advisable method of trading is buying low then wait till the price go up and sell wait patiently till the price drop again and do thesame again. But due to Greediness some people won't still exit the market when the price is high, and due to lack of patience somepeople might endup entering the market at the wrong time and some might end up FOMO. But as a beginner or newbie in Cryptocurrency the best method to use is buying when the price is low and selling when the price increase with time you can endup learning other method you think will work for you.

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Hobo66
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February 07, 2021, 01:10:08 AM
 #108

This method is good and you can earn here. Buy at low and sell at high price.
I personally use this strategy given below.
Search for a coin which have high potential to grow. I hold it for some time and when ATH  achieved i search for another coin and inveat in it.

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velive08
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February 07, 2021, 01:11:48 PM
 #109

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?
your strategy is like a classic strategy that many traders have often done. this is not a problem and good in my opinion but for professional traders this strategy seems to be getting old and they want a new strategy that gets 2x faster profits than your strategy. for example, professional traders they dare to play at high prices and very high speculations. but this is not a good way for novice traders because it is full of risks

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