starboss (OP)
Jr. Member
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Activity: 34
Merit: 1
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June 24, 2019, 12:39:32 PM |
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
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mk4
Legendary
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Activity: 2898
Merit: 3877
📟 t3rminal.xyz
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June 24, 2019, 12:53:04 PM |
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Should you sell right now? No one knows because no one knows for sure if the price will go up or down in the short term. Buying and selling Bitcoin(or any other coin/token) in a short timeframe is pretty much almost a gamble.
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boyptc
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June 24, 2019, 12:54:32 PM |
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I have a friend that has that kind of strategy, he's leaving the total capital in fiat and takes profit if he has. But I don't think that he has plans of rebuying.
Remember that little or big profit, it's still profit.
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creeps
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June 24, 2019, 01:00:17 PM |
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
Its a basic calculation and its too risky for a newbie if you can't understand that. Investing with bitcoin is not easy as you see, you can sell it now but you can't buy another cheap bitcoin within a day so you better to know the trend first, know your target price and focus on that. That's a small profit for me to reinvest it, its just like a small satoshi that can cover your fees if you do day trading. I suggest to hold, and don't stress yourself from any mathematics things.
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BeManga
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June 24, 2019, 01:09:40 PM |
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
its hard to tell when to buy and sell bitcoin. price is hard to predict but because of the incoming halving there a possibility that the price will rise more in the next few months but there also a possibility that it will drop again before the price rise again . but for me its better just to hold it right now and wait patiently until halving if you want to gain more profit.
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cabron
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June 24, 2019, 01:13:22 PM |
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Yes. If you see you profited $30k, its definitely worth selling. Trading fee is just nothing compare to the $30k you got, you however have to see whether the market is going or dip or not. RSI will help you decide about it. The price will always go down after a slight spike, there isn't even the need to spread fud before that happen because someone before you who profited less than $30k will sell to initial dumps/.
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BlackFor3st
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June 24, 2019, 01:16:09 PM |
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Your opinion is not bad but your only problem is how to know when the market will rise and fall. That is the common problem to all of us either you are a holder or a trader.
Because if you can at least predict the up and downs of prices then you can surely multiply your investment using your technique.
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nicolaz.zhu
Member
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Activity: 469
Merit: 16
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June 24, 2019, 02:41:41 PM |
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It is okay. Because even if only a little profit you can play back the capital, and surely you will get more profit. That's the right way of trading in my opinion.
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Naughty Princess
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June 24, 2019, 09:44:06 PM |
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
Maybe it is good to get the profit out from your investment and let the investment keep where it is because we cannot predict when the coin going to dump or will continue to rise up. You have to analyze the market, if you see that it wont go down far then do put it there and multiply more. It depends how you take the risks.
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Ayiranorea
Sr. Member
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Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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June 24, 2019, 10:19:16 PM |
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As like each and every market, the difference gains a value between the buying and selling. When the same gets continued there'll be some amount of fund getting added to the capital investment. This is the way preferred to multiply the BTC or crypto holdings that we prefer to multiply. Everytime the same difference can't be earned for which it is good to have patience and wait for it with the buying or selling order opened.
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Alert31
Member
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Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
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June 24, 2019, 11:23:24 PM |
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
I think your profit will multiply if you use it in trading but if you just wait the time that bitcoin will go down again before you buy I think you can still make profit but the problem is no one knows when bitcoin value go up and down.
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rdluffy
Legendary
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Activity: 2380
Merit: 1413
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June 25, 2019, 01:00:31 AM |
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This strategy is very good, I use this to accumulate more BTC
But the hard part is to know exactly when sell and buy again
Sometimes you sell and the price will not decrease again
To gain money this way you have to research more, feel the market and after some time you can win more times than you lose
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Dreamchaser21
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June 25, 2019, 01:10:44 AM |
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It is okay. Because even if only a little profit you can play back the capital, and surely you will get more profit. That's the right way of trading in my opinion.
But with that profit, it will be hard to multiply it because of low coins that you will hold. Taking out your capital is good but make sure you have enough profit to play in the market before you do that. I do suggest to play that $500 for one whole year and after that you can now safely withdraw your capital and continue trading with your profit.
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bitvalak
Sr. Member
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Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
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June 25, 2019, 01:39:10 AM |
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Sell if that is enough for you, because no one knows what price will move. You must really understand when the right time to sell and when is the right time to buy. You cannot continue to depend on other people's opinions.
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Aldrinx00
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June 25, 2019, 04:00:47 AM |
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Well no one really knows what will happen to the cryptocurrency market it may go down or up in a minute, hour, day, moths etc. So you need to analyze carefully and decide for yourself because it's your investment and if your decision is correct then good for you but if it's bad then you can't blame anybody but yourself.
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pooya87
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June 25, 2019, 04:07:13 AM |
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usually when you are not "day trading" and instead are making an "investment", you do it in a longer term not just after a short time like a month. as a result you would be looking for a higher profit that is bigger than the 6% that you mentioned in your example before you think about taking any profit out.
the other matter that you consider in your scenario is the situation with price. meaning since you are not day trading you want a major rise and a top that is going to be followed by a big correction. using the rally of 2017 as example you want a price like what we had on September 1 and sell there then wait for a week or two for the correction to come to an end and then buy back which would be the profit after about a 100% rise and the drop/correction of 20%
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rafajunior99
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June 25, 2019, 05:25:52 AM |
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In my opinion if you invest in Bitcoin it's better to relax and not think satisfied with what you have now because I believe Bitcoin will continue to grow, if you make a decision to sell, I'm sure you will regret selling it, but all decisions are in the hands You, how you think about it yourself and you also have to look at the global market price situation so you don't lose your investment.
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cipherhut
Newbie
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June 25, 2019, 06:01:11 AM |
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Trading is the best way to multiply your BTC besides that holding it now is the convenient way for those who don't have time for trading.
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Kakmakr
Legendary
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Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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June 25, 2019, 06:10:05 AM |
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You should consider following the strategy to reduce the risk of losing all your investment capital, by buying low and selling high and then keeping the profit. Example : You buy 1 bitcoin @ $10 000 and then sell it when the price reach $11 000 for a profit of +/- $1000 <remember there are fees> and then put that $1000 somewhere else. You then wait for the price to come down again to $10 000 and buy a bitcoin again and rinse and repeat that strategy, until you have enough profit to cover your $10 000 that you are risking every time. So after this, your $10 000 investment will be virtually 0% risk, because you not using your own capital, but rather the profit you made. < I rounded it off to 1 bitcoin to make it easier to understand, but it can be any amount of bitcoin or Satoshi's>
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kopijos
Member
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Activity: 523
Merit: 11
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June 25, 2019, 06:31:32 AM |
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
initial capital of $ 500 with a profit of $ 30 I think that's a good thing, but maybe you should be able to sell even if you have a profit of $ 30. I think it would be better to have a little profit but it can be sustainable and try trading again with your $ 500 capital
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