selling bitcoin

[samntex]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

[amzadabir]

Yes you buy Bitcoin. If you want to do business. Or you can do Bitcoin things without direct ownership. Itoro "Social Trading" network does not sell Bitcoin, but lets you follow and bet - or in the App's speech, "Copy" - their performance and profit (or lose) in terms of price change. And it is a matter of time for investors of big organizations before finding a way to get Bitcoin to the public through ETFS and Index funds.

[mammothine]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

That would be a nice trade. Welcome. It’s addictive and fun, but don’t play with more than you can afford to lose.

[yrrehc16]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

That was a brilliant move! but not quite! i hope you read more about bitcoin in many sites and followed experts in social media.
If you sell your bitcoin at 7.000USD and gain 1.000 USD in just a day, you are in a good mood by then and your pocket is better.
But if you have the knowledge to hold for a longer time you are now way better than that. at least you let the Chinese New year ends.

[Uzunhahn]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

That's the one point of the game. Buy low sell high, multiply.
No, your eyes still didn't bleed buddy, you just started.

[palle11]

Welcome to the business of buying low and selling when price goes high, jumping out with profit. I wouldn't agree that you need help in the area of not holding longer to make $4,000 now instead of $1,000 you got. You could have understood that the price would certainly hit at least $10,000 . But nice trade there, you are encouraged.

[Momoamzad]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

Yes of course you can buy again. You just started . so don't worry . this is one of the tactise of this market.

[bakujo0817]

wow for newbie your doing good in trading but if you wait little longer you can earn mote profit and for your question yes you can still buy whenever you feel to buy bitcoin try also altcoin theres so many coin out there thats give you more profit than bitcoin.

[ylnar123]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

Yes you can still buy a whole bitcoin if it goes down again. But for the reason, you should have not sold your bitcoin as it has grown to $10k already. You could have made $4k if you just been patient on your bitcoin. Then again if you can buy another whole bitcoin, i could only suggest you to hold it until you feel like you have profit for about x2 or x5 of your investment.

[afanase]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

I suggest you to hold for six months or more. Then you can expect double or triple money.

[wormgummy019]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

For me, It is now better to sell your bitcoin now than in the past month because the value of bitcoin now is high. So if you sell your bitcoin you will have money which you can use to buy things you want to buy like phones, shoes, etc. But if you want to have bitcoin just sell some of your bitcoin and hold the rest of your bitcoin. In that case you can invest the remaining bitcoin so that you can earn money.

[Heyyyrenz]

What you've done is what called TRADING when in your going to buy a coin and once have a profit you're going to sell it to fiat. Also that kind of strategy is the most effective way to earn profit through trading the "BUY LOW AND SELL HIGH". It's good that you've already understand the meaning of the concept of that saying because most of the new traders can't follow the concept of that saying they're selling their bitcoin because its price is low they're scared to lose money.

So to summarize you really need to take risk in order to earn if you're afraid to lose investment or money then don't invest and just keep your money.

[Alexandr210774]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

That's exactly what happens. But you can buy bitcoin at $ 6k and sell at 7, but not the fact that it will fall again, it can cost 30-40k $ by the end of the year.

[kelsiivo]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

At the time of writing this post, it is $11000. I suggest yoy to buy some at this level and wait for at least a month. You will get 30% returns.

[Hmei777]

Need help understanding selling..I have been reading on Bitcoin till my eyes bleed!..Please tell me If I am oversimplifying this...I buy a whole bitcoin on Coinbase..Hypothetically for 6k..I watch the graph and it goes to 7k all in the same day.I sell my Bitcoin @ 7k.. and just made a $1000.00?..Then can I turn around and buy another whole Bitcoin if it goes down again??

it is the right choice you sell at the price of $ 7000 and you earn $ 1000 profit in a day.
 it will be even better if you can survive much longer if you want more profit, because in the business world you have to be quick in taking the right decision.

[Nowherman]

For a start, very good. Don't be afraid to hold bitcoin, as it's a long-term investment and can bring a lot more profit in a few months or years.

[shulio]

If that is a real trade, it is a good one. But watch the graphs and FUD closely or you will buy Bitcoin higher then you sell.