Topic: Buy low sell high? - page 15. (Read 5017 times)
in trading, the most basic thing that must be known is to buy at a low price then sell it when the price is high so we will be able to get profit, of course we must be able to find a coin that has good and favorable price movements
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
According to my own experienced. I tried many exchanges so that I recommend you to use Binance exchange because all that you wanted is with them. You don't need to be worry if you put some funds in them because its highly secured exchange and most of all they are only accepting very serious blockchain project. In other words, they accept only for listing if their currency is belong in top markets in CMC. If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Yes you can buy low and sell high that we recognize it for trade. And did you buy for some benefit at exchange site depends on market. More over time market down just hold to go to their great position. you can buy low and want to sell high this year it may be done or not may be.
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Yes that is the greatest concept buy in terms of the new comers in here they are struggling in holding those coins whenever it is beginning to fall they are panic selling it and forgetting the fact that they should sell in a higher price amd with that panic they sell the coins in a much lower price lower than they buy it which is a wrong thing. That also makes the coins fall much more.
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Coinbase isn't directly an exchange but also a wallet that can hold few popular coins in the market. Expect the usual (BTC, ETH), as a newbie mistake I thought it can also hold ERC-20 Tokens though but yeah careful with that. Go for Binance, Bittrex, Poloniex when you're looking for exchange. Don't use it for your primary wallet though, as you're gonna be screwed when things go wrong.
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Coinbase isn't directly an exchange but also a wallet that can hold few popular coins in the market. Expect the usual (BTC, ETH), as a newbie mistake I thought it can also hold ERC-20 Tokens though but yeah careful with that. Go for Binance, Bittrex, Poloniex when you're looking for exchange. Don't use it for your primary wallet though, as you're gonna be screwed when things go wrong.
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
i thought this thing did by everyone in trading, i think most of people do this to earn or gain profit fron there investment.If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
i thought this thing did by everyone in trading, i think most of people do this to earn or gain profit fron there investment. If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
This is a right time to be buying cryptos, though a lot of people keep on selling.
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
It is a common thing to do and usually it is working but I would say that you will not achieve any great results with that strategy, because to be successful you need to take risk, and sometimes it would not be obvious and laying on a surface.If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Bitcoin is quite popular nowadays that I believe there are local wallets offered in almost every country. These local bitcoin wallets usually let you exchange your bitcoin into local currency and back. But i think there would be kyc involved and daily limit on withdrawals of fiats.
It would have been so amazing if wallets are allowed in every local country. But the reality is totally different. Except some countries, bitcoin and other crypto aren’t allowed to even use in most of the country. People want to earn from them and to use them in good place but I am not sure what is hanging out in government’s mind. They aren’t legalizing this tremendous source of income.
I'm using binance and kucoin now a days market is going dow that's why I started to buy bitcoin and ethereum at cheap price and I believe that I can earn a lot of profit from buying bitcoin and ethereum at cheap price
buying low and selling high is one of the best strategies. because now only this strategy can be used as a benchmark for getting profit. so I think when we get a chance we can continue to buy at low prices and sell at high prices.
Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
I very much agree. The rule still stands for any type of short of long term trading because you only make profit as long as the profit outweighs the costs.
Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
I very much agree. The rule still stands for any type of short of long term trading because you only make profit as long as the profit outweighs the costs.
Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
I very much agree. The rule still stands for any type of short of long term trading because you only make profit as long as the profit outweighs the costs.
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
People use binance and bittrex. for example when you think the bitcoin price is too high you can switch to USDT and you do not have to withdraw your USDT, then you expect the price of bitcoin to fall and buy bitcoin using this USDT
exchanges, what crypto do you recommend converting BTC to, in this situation?
https://www.binance.com/en/trade/BTC_USDT
https://bittrex.com/Market/Index?MarketName=USDT-BTC
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
This law is most basic from the others, but it is not always working that way because there are coins which are not having there's low and high States they are just following continuously, so before doing that you need to find the coin. If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Umm. Trader's golden rule "buy low sell high".
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
In regards to exhcange or wallet, if you're into
short-term trades you need to use exchanges so it
is much easier to buy and sell and wallet for long-term
trades.
Binance is a good choice however, there is a larger fee. For safer trading, try multiple exchanges. Coinbase is an another good one. If you have a specific altcoin that you trust that isn't going to dip just like bitcoin, then I would suggest using that. Switch your bitcoin to that altcoin when it's high and then switch back when it's low but usually altcoins are affected by bitcoins so watch out.
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