Sell high, i get it but how?

[kryptqnick]

If you want security then convert your tokens into US dollars. They are much more stable compared to crypto currencies like bitcoin or ethereum and as you mentioned, you are not quite a fan of its price fluctuations. US dollar is your safest bet in times of market fluctuations.

Converting to USD is safe but hard for people overseas, since not many people actually have dollar cards. I would say it's a good option to sell the coins for tether if the profit will be used for further investments, or sell for local fiat if that's the end of the road. I think it is best to set some desirable limits and sell when the coins reach them. It is also more important not to buy high that sell ath. I mean, one would obviously sell the coins when there's some profit already. But what's the wrong and frequent move afterwards is buying some coin which is rising rapidly because of believing it will rise even more soon.

[jomvill]

 the Day traders are the ones trying to buy low and sell high. They're looking at complex patterns in the market, along with the news, in order ..

[Queen12]

So you can convert the token into the USDT, so you can avoid the loss of the fall
Most of the time the BTC has always fallen less than the other altcoin.

[Salelo]

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.

if you sell it lower than the price you used to buy then it will make you lose and fail to become a trader. because good investors always pay attention to the right time to buy and sell

[burdagol12345]

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

Dont be confused just relax, for my advise just conduct your research on price equivalent for your coin just like btc, fluctuating price going high and low, so when you observe that the coin you have is on higher value then thats the time you release it to sell with profit. About converting, you an do that back and fourth.that all for now ..thanks..

[bakekang]

It is simple, compare the starting value then the current value. If the current value is higher than the starting value then you can sell it. It must must be 5times or higher than its original value to gain more income.

[Cokodi]

To get the highest selling price, you need to clearly analyze the market as well as the business of the project.

[Akiko]

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.

if you sell it lower than the price you used to buy then it will make you lose and fail to become a trader. because good investors always pay attention to the right time to buy and sell

In this market situation almost crypto coins are in a lower price and for me this a good chance to buy and hold it until the market will recover from the dip, I'm sure you will gain an profits. But don't just invest your money in any coins without analysing, it's better to make a research before investing.

[Sadyshagg]

Most of the top 20 coinmarcetcap coins are certainly not cheap. But some other cheap coins got even cheaper as a result of the crash.

[annicketucufaw]

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

That's why there are coins that has fix in value like USDT. If you participated in an ICO and thinks that it is a good time to sell them you can trade them to either ETH or BTC. If the value of both coins is at a high one, and you think that the market will drop again, you can exchange them to USDT or tether. USDT is the same value of US Dollars with only minimal increase or decrease in value. If you are planing to remove the coins out of crypto world just exchange them to fiat which is much safer.

[Aeneous]

Its normally easier said than done,  selling high mean that you will have bought the coin cheaply, there are quite a number of cheap coins in the market, the challenge is getting quality cheap coins which are very hard to come by, you can however take advantage of the red zones to get quality coins at a relatively cheap price wait till the bull run and sell high, It can be confusing yes, but the crypto industry needs lots of patience, do your research well and get good quality coins and you will almost be there

[braves182]

A year ago, I didn't sell anything, I was so recommended. After the summer dump 2017, when all the coins and tokens fell in price 5-10 times, I firmly decided that now I will start to fix the profit. And then with the growth i fixed in bitcoins. But then bitcoin began to fall in price. Now I'm fixing partly in dollars, bitcoins and ethereum. I noticed that capital grows faster this way.

[Mrbee]

The actions are not that difficult you just need time to figure it out on your own. You see when you buy Bitcoin with the price of 8k$ and sell when its 8.5k$ you get the profit of 500$. Then you wait a bit, the price goes down to let`s say 7k$ you buy Bitcoin again and sell when its 7.3k$. That is how it works.

[Sean25pogi]

In this statement that sell high, I get it but how, the best and easily you can do is wait until the value of the investments or coins in the market is in the high value to be offered to be profitable enough.

[Alijiindahaus]

In this statement that sell high, I get it but how, the best and easily you can do is wait until the value of the investments or coins in the market is in the high value to be offered to be profitable enough.

you can either most conduct all financial transactions or put on the stock exchange the maximum amount for sale and its maximum price. This is how you can passively sell at a high price, but only if it really is.

[Myra4]

To sell at the highest possible price, you need to wait for years, but it is very risky because anything can happen. It is possible to invest small amounts so that it is not a pity to lose. Again, at the top to sell will never work

[Fedrey]

To sell at the highest possible price, you need to wait for years, but it is very risky because anything can happen. It is possible to invest small amounts so that it is not a pity to lose. Again, at the top to sell will never work

perhaps there is no other way out, because the market is at the very bottom and today it is better not to make any sales at all. In any case, the crypto currency has a good future and prices will rise unambiguously.

[teeshe]

WIth respect to the current bearish market, some school of thoughts believe staying long on USDT will be safer as you will not have to worry about the USD depreciation of your coins.
Now selling high means different things and it is important to exercise a lot of patience in this space before entering the market in order to always ensure that your entry point is always lower than your exit point, with this you can guarantee that you will always sell high most of the times.

[jpaul]

It's not an easy thing, buy this is the only way of making good money in the cryptocurrency world, how to sell high? It needs lots of patience and dedication as you will be required to wait for long time spans for the coins to gain value , which can take time, those not patient enough will always go wrong when it comes to this, but hold on for sometime before selling off

[ngochuyen0071]

Okay set a target for yourself, mayb x4 , x5 or whatever you set for yourself after which when its hits the target, you can sell and incase of dip, you can convert your coins to bitcoin, ethereum or ,ltc and convert it to a fiat equivalent like USDT, USDT doesn't always drop in value and it is almost static at $1 in price.