Sell high, i get it but how?

[Btcwashu]

I myself also still learn a lot about trading system. I think selling when coins are high prices. And buy when the price of coins is low. So the profit earned can be set aside. And the initial capital can be to re-buy coins when the price is low. And so on, if I think.

Buy low and sell high. It is the best strategy as a trader and if you want to see your real profit, invest in bitcoin in a dollar then the profit of your investment use it to buy again and your capital just keep it. You must use your profit to buy again in bitcoin and set the desire value of the bitcoin when you sell it. Your money will grow if you holding your bitcoin and sell it in a high price.

[IndzheborgC]

The simplest way is when the news on the Internet is overflowed with positive reports about the growth of bitcoin in the near future to $ 100,000 or $ 1 million, which means it is urgent to sell .

[helin9108]

I think you should trade this way:  first buy any altcoin with bitcoin and when its goes high you can sell for bitcoin and then immediately you have to sell bitcoin for USDT as USDT is fix rate of 1$, so if bitcoin goes any where your holding of USDT is safe and your profit is secure, and when you want to buy any altcoin or bitcoin you can sell USDT for bitcoin and trade again.

[yentho9900]

for me i am waiting for a little bit time before selling, waiting for it to higher so i can earn more profit than selling as soon as the coin is release.

[Thanasis]

I think you should trade this way:  first buy any altcoin with bitcoin and when its goes high you can sell for bitcoin and then immediately you have to sell bitcoin for USDT as USDT is fix rate of 1$, so if bitcoin goes any where your holding of USDT is safe and your profit is secure, and when you want to buy any altcoin or bitcoin you can sell USDT for bitcoin and trade again.

Yes this is a good idea for the people who want to safe their profits from crypto investment but I will keep it as a bitcoin because bitcoin has the high volatility so we can make high amount of profits at any time.But no one really knows what is the highest price and lowest price so we need to define a profits margin and act according to that.

[Diablesfunis]

Hi All,

All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.

If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?

What do you peeps do? I'm slightly confused.

Thanks

Even if you sell it to btc and the price of btc goes down, you have more btc than before so you can wait until the price of btc increase again or use it to buy the coin again cheaper. don't look at the usd value but look at the btc value, your goal is to have more btc than what you've started with. If you can also do btc price analys then it's better as you know when to convert it to usd for more profit. Look at the rsi, if it's overbought then it's the correct time to sell and reenter again later.

[deadthings]

Sometimes you can predict when price will be lower than usually, then you can buy some to your wallet.
Second step is to set a goal that this coin can achieve but rembember every coin can not achieve few thausands dollars in few months so choose realistic goal
Third step and the last is waiting for it, sometimes you can wait longer than you think but it is crypto and nobody know what will happen

[gawer33]

I usually sell my coin when it's overbought and buy a coin when it's oversold. last December I sold all my BTC at 17k because it's overbought(RSI over 80) even it went almost 20k I did not get any regret. and bought again at 10k and sold it again at 11k. perhaps sticking to strategy help me to sell it when profitable ignoring any news.

[Meraki]

Hi All,

All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.

If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?

What do you peeps do? I'm slightly confused.

Thanks

If they said sell high, it doesn't mean that sell crypto if the price reach the moon, the proper definition of Buy low and sell high is to buy tokens at low price as possible and sell it when the price goes back to normal or if the price is above your buying price. Lets make a scenario, example you bought btc at $7000 if it reach $8000 or higher it can be consider as sell high.

[JohnYDillinger]

The thing is to wait until the price pump and then sell it.

[Serco]

You should be able to predict the price of the coin about whether the sale is stable or not, if the price is stable but the development of the coin is good then you can analyze the price. If you can see the coin is good, you should be sure to buy it and hope to make a profit, if the development of the coin is good, then you buy it but must be reminded that you always monitor the price of coins that have been purchased. The more you have a lot of good coins, then you can benefit.

[Lenwa07]

I myself also still learn a lot about trading system. I think selling when coins are high prices. And buy when the price of coins is low. So the profit earned can be set aside. And the initial capital can be to re-buy coins when the price is low. And so on, if I think.

Buy low and sell high. It is the best strategy as a trader and if you want to see your real profit, invest in bitcoin in a dollar then the profit of your investment use it to buy again and your capital just keep it. You must use your profit to buy again in bitcoin and set the desire value of the bitcoin when you sell it. Your money will grow if you holding your bitcoin and sell it in a high price.

Exactly! My friends told me that. Go buy at low then sell it at high. That is their best strategy to earn a good profit. Don’t sell at low obviously. Set your goal. To have no regrets at the end.

[NWPsolution]

You can sale high when you are able to join a good project during there Presale, when the ICO is done and they proceed with there working MVP, you reap the great reward if being an early investor. Join our Presale now www.nwpsolution.com

[skorupi17]

Hi All,

All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.

If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?

What do you peeps do? I'm slightly confused.

Thanks

This is by tracking your profit based from what you used in purchasing that specific coin or token. See the instances below to make things clear:

1. You bought 1 BTC for $10k, sell them back to USD when the price went up to $11k. 10% profit is not bad.

2. You bought 1 ETH for 0.1 BTC, sell it back to BTC when the price of an ETH strike to 0.15 BTC. 50% profit.

DO NOT sell based from USD alone:

If you bought 1 ETH for 0.1 BTC in which 0.1 BTC = $1k do not sell if the price of ETH is $1.5k if it's value in BTC is 0.09 BTC. This is a loss in terms of Bitcoin. It should've been perfect if you did not buy at all.


Good traders accomplish this by placing their sell orders based from their desired profit. Or by having a personal record of their purchases. Perhaps using notepad or a notebook.

[laredo7mm]

If you're looking at USD price, it's difficult to sell high at the moment because of bear market. However if you don't care about USD so much and you only look at BTC price, then it's possible to sell higher than you bought, even in bear market.

[Tashi]

How? Hodl. That's the best thing to do for you. All we know that bitcoin and other cryptocurrencies you have will pump so hard in the future and that's a fact. So the best thing to do is to hodl or watch how it will pump.

[Denlv]

To sell high u need to buy low,many peoples and i buy on low when release fud,or dump after  u choice what token u buy,then on pump u sale and buy again more but on diferent price.U need check news about crypto becose good news and bad  take price alot!

[hetecon]

It is very important to have patience and a flair for perspective coins. Because you have to wait until the coin falls in price, and the when it begins to grow, then it must be sold.

[adekogbe]

Selling on the high & buying on the lows, this is a basic concept I learned while I just joined the crypto space, but I believe its safe to say that its best to set a personal target for yourself where you want to sell a portion of your portfolio to make some profits.

[StevenPop]

Don't sell in the bear market. When people sell high they are telling you to hold your coins until the price goes up higher than the price that you bought it for so you can make money from your investment when you finally sell. Just make sure that you wait for the market to fall and prices to go down before you buy coins.