How do you manage your profits in trading?

[cjie]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

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[1715165292]

1715165292

[BlackPanda]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

Managing Trading is an easy thing, because basically that when we can sell and buy, we can make a profit. Make sure that we get enough profit margins because when we get a profit margin that is by selling coins we have far more expensive than when we buy them we can make a profit.

[cjie]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

Managing Trading is an easy thing, because basically that when we can sell and buy, we can make a profit. Make sure that we get enough profit margins because when we get a profit margin that is by selling coins we have far more expensive than when we buy them we can make a profit.

Thanks for this information, It was very insightful.

[Fenderr]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

In trading, especially if you're not doing margin trading, ensure you trade exchanges that have USDT pairs. That is where you preserve your gains in wait for the dip of that coin you profited from or another coin that has dipped and is worth buying.

[cjie]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

In trading, especially if you're not doing margin trading, ensure you trade exchanges that have USDT pairs. That is where you preserve your gains in wait for the dip of that coin you profited from or another coin that has dipped and is worth buying.

Wow, this is a great idea. I believe you. 

[carter34]

What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low?

What you do in this scenario is either to convert your money into fiat directly or you tether it in the exchange.

Buying back should be when price has dropped again.

I need an expert to clarify me, Thanks.

I do not believe there are experts in this trade business, so that you don't see yourself as inferior and refuse to learn which will lead you into constant losses.

What you need to do is to learn the trade, understand it and know what to do at certain times and with time and hard work, you will start making more profits than losses - perhaps, that is what you are referring to expert   Is usually a repetitive incidence happening in the market.

[Question123]

Because the market down now , our profit in trading is decreased because only most of the altcoins are dump only some of them are increased. Im nit earning daily I earning weekly. You can buy more altcoins now with cheap price and sell with high price but you need to wait to oump the value again.

[cjie]

What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low?

What you do in this scenario is either to convert your money into fiat directly or you tether it in the exchange.

Buying back should be when price has dropped again.

I need an expert to clarify me, Thanks.

I do not believe there are experts in this trade business, so that you don't see yourself as inferior and refuse to learn which will lead you into constant losses.

What you need to do is to learn the trade, understand it and know what to do at certain times and with time and hard work, you will start making more profits than losses - perhaps, that is what you are referring to expert   Is usually a repetitive incidence happening in the market.

Thanks for the reply, happy to hear this; THERE IS NO EXPERT IN THE BUSINESS.

[Pursuer]

what you do with the profit or the money after selling depends mainly on your strategy. some people inject a certain amount of money in the market and start trading with it and grow that money. for example you may start with $100 and never get out until you reach $1 million. that means when you make profit you invest it back in. for example when I trade I end up with more bitcoin so basically I invested some fiat but now I am increasing the amount of bitcoin I have by investing back the profit.

but also another strategy is to inject a certain amount of money (lets say $1000) and keep it that way because you are only comfortable with trading that much. so when you make $20 profit you cash that out and keep it at $1000.

[ChrisPop]

You need to decide what currency you want to have your profits in. For example if you sell $10,000 worth of an altcoin at $1 you have the option to buy more of that altcoin at $0.50. Or you can choose to buy the amount you initially had and keep the rest of the profits in BTC or USD.

[cjie]

what you do with the profit or the money after selling depends mainly on your strategy. some people inject a certain amount of money in the market and start trading with it and grow that money. for example you may start with $100 and never get out until you reach $1 million. that means when you make profit you invest it back in. for example when I trade I end up with more bitcoin so basically I invested some fiat but now I am increasing the amount of bitcoin I have by investing back the profit.

but also another strategy is to inject a certain amount of money (lets say $1000) and keep it that way because you are only comfortable with trading that much. so when you make $20 profit you cash that out and keep it at $1000.

This is wonderful, thanks so much.

[cjie]

You need to decide what currency you want to have your profits in. For example if you sell $10,000 worth of an altcoin at $1 you have the option to buy more of that altcoin at $0.50. Or you can choose to buy the amount you initially had and keep the rest of the profits in BTC or USD.

Thanks, Nice Idea

[Nmizu]

I myself am still learning about trading and what I get from the master trading master is patience in trading and also not greedy in taking profits
because most beginner traders are greedy in starting trading so that when they experience a loss will be long to return

[hugeblack]

Suggest spending some time learning, start with a little investment "Let it be $ 100" then decide what the best strategy is.
There are lots of useful tips, but you will not know which is better for your investment unless you try.

If you are planning to invest, it is better to learn how to make profits in case of bump/dump and not just from buying at a low price and selling at a high price.

What don't I understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

For example, if you sell at $ 7000 and there are no indicators of close rises, it is better not to buy until the price falls below that level

[liuqi]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

In crypto platform experts are never says the short cuts of trading. So we only realise our trading strategies and most of the investors are following the same way but few peoples only earn more profit that means we are all miss the right opportunity so before to invest plan our right coin but we should adopt the current trend then changing our plan at anytime then only we will make good profit.

[ocid]

buy when prices are low and sell when high prices are certainly something that must be done for traders. but in regulating the profit from the benefits you get, you must have a good strategy. and I strongly recommend not just buying one type of crypto to do trading activities so I think you should buy some types of crypto which have good potential. it must be done so that there is a balance when one of the crypto types you buy doesn't have good potential but you still have reserves of other crypto.

[bravehearth0319]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

In our situation now in the market was too complicated, due to the market was downfall were it is hard to decide in which coins we are going to buy. We can earn still even the market was in declining period as long as you know what you are going to do. You must know how to understand to read the read the candle stick whether it is green or red, at least with this things you have reference if you need to buy or sell the coins.

[bitcoinerjawa]

to be able to control the profit that you can get then you must be able to see and calculate the trading history that you do for one day or usually often called a trading evaluation and analyze the benefits you get.

[Baofeng]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

Let's say you buy bitcoin at $6K and then you sell at $7K then its $1K profit for you. So its either you look for other coins to invest that $1K you profit or held on your $7K and wait for bitcoin to go down again and re-buy, rinse and repeat.

[Binugon]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

To trade Bitcoin beforehand must understand basic techniques such as knowing market conditions:

Positive market conditions are that we buy low prices and sell at high prices because

Negative market conditions that need to be done are when prices go down and you sell bitcoin, then when the price drops again, buy bitcoin directly from the sale, then wait for the price to rise then sell your bitcoin.

Market conditions are stagnant, all that needs to be done is to do short-term trading for less than an hour, price changes when this condition is very predictable, trade in the short term and as often as possible, by entering the net buying price at low and specify a slightly higher selling price , you will automatically benefit.