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Topic: Buy low sell high? - page 16. (Read 5017 times)

full member
Activity: 350
Merit: 100
August 10, 2018, 01:48:35 AM
#66
That is the typical and exceptionally fundamental exchanging system. Purchase at plunges and offer at high. In any case, to know when to purchase and when to offer, you have to screen the market constantly and afterward just you will have the capacity to establish that.
Additionally I won't prescribe you to utilize any altcoin with btc exchanging in light of the fact that their cost are extremely unstable. So except if you screen that market intently, you may make misfortune from your exchanging. Rather, I will recommend you to utilize btc/usd match simply because it is anything but difficult to screen and get it.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
August 10, 2018, 01:26:27 AM
#65
I used to like arbitrage trading as that guarantees a profit in all circumstances. Now what you need to do for this is to pick a few coins that are on many exchanges and check if there is an arbitrage opportunity, but for this kind of trading where you are buying low and selling high all at the same time is risky because you need to be very quick or have both btc/eth on the exchanges as well as the coin you want to trade. You also need to make sure you want to hold the coin as well if you are lumbered with it.  Grin
jr. member
Activity: 162
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
August 10, 2018, 12:53:32 AM
#64
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.
member
Activity: 532
Merit: 10
August 10, 2018, 12:51:19 AM
#63
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!
Currently I use Coinbase to invest that strategy. Coinbase has very fast transaction speed and high security. I never fear losing money and my transactions are done quickly.
I think we should only use ETH to invest because ETH has a lower volatility than Bitcoin and your money value will remain the same.
member
Activity: 434
Merit: 10
August 10, 2018, 12:08:02 AM
#62
It depends on you as a trade, indeed the prediction is difficult, but must be accompanied by methods and strategies of tranding, because everyone refers to it all, while for your topic, I suggest selling it to local currency because the price is not fulsive when the price goes up and when the price goes down you can buy bitcoin again
member
Activity: 224
Merit: 21
August 09, 2018, 05:47:36 PM
#61
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 think that in order to make a profit we have to do the same, but you can see that the market is fluctuating continuously and it is difficult to predict, bitcoin and altcoin prices are constantly adjusting and falling sharply. Over time, this shows that investors are withdrawing and withdrawing from the market. With a market that has no peaks and no bottom, I think you always have to have a specific trading plan and divide capital so that you can minimize the risk.
full member
Activity: 627
Merit: 103
August 09, 2018, 05:42:41 PM
#60
I would recommend you Binance, Not Coinbase for this. I think Convert BTC to Tether (USDT) is the best decision in this situation. To me, I was planning that I am losing huge money by the every time bitcoin price down consecutively, So, I should I convert BTC to USDT when the bitcoin price starts down! I will stop trading in Coin to BTC Pair, rather I will trade coins to USDT, And when the bitcoin price will start increasing then I will convert USDT to Bitcoin. I think this formula will help you too.
member
Activity: 198
Merit: 10
August 09, 2018, 04:08:21 PM
#59
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.
jr. member
Activity: 126
Merit: 1
August 09, 2018, 02:12:57 AM
#58
That's the way I buy low selling high, because the price of bitcoin is now decreasing, it's the most correct way to make a profit, choose a low way to buy and sell high if you want to have an advantage.
full member
Activity: 827
Merit: 100
August 09, 2018, 02:11:16 AM
#57
I am sure many do this to buy at low prices and sell at high prices. this happened because now this strategy must be done. there are lots of exchanges that support this strategy not only in coinbase
newbie
Activity: 224
Merit: 0
August 09, 2018, 02:05:48 AM
#56
 It's true that to buy low is very easy because the cryptocurency market is very volatile and has a lot of correction has since it regulates itself bit takes a long time to recover sometimes even a year so patience is the main requirement to have Hebrew
full member
Activity: 644
Merit: 107
October 21, 2017, 10:48:01 AM
#55
This is a trading technique because the market is in a positive condition, by buying at a low price and selling it at a price slightly higher than the purchase price by targeting the price to make a profit. It's so simple you only need to change the bitcoin into your local currency after the bitcoin price goes back down, you re-buy bitcoin with the local currency you use.
in fact every person want to use the same strategy but some time it become difficult when they trapped by panic selling and instead of making money they even lose their money. and specially those people who are very new in bitcoin trading and when the price start decreasing they cannot dare to hold and even sell their bitcoin in lost.
Sometimes people will think again to take action to buy when prices fall, the reality is not too difficult in trading, but if you buy at a low price you have to hold it for a while so you generate greater profits, but a little risky. We need a new breakthrough strategy to give us an advantage.
hero member
Activity: 1204
Merit: 500
October 19, 2017, 10:43:38 PM
#54
I figer outed that altcoin called ganjacoin(420G) is going everyday 10-20% up and down couple times even more so anybody suggest daily conectration on one coin?I am good at longterm trading and medianterm treding but I want to learn now more about daily trading.

That’s a good analyzation you will surely make money thru this coin if you are right. Well this is just a basic rule for every trade buy low sell high but of course you still need to study the coin so you can fully make money.
In fact, there will be a lot of benefits that you get if you focus on only 1 altcoin. like fyn. the price always rises with the $ 1-2 price range, which always rises in the $ 0.04 - 0.15 price range. well, but that's not always the case. but many people are benefiting just because of 1 altcoin.
sr. member
Activity: 798
Merit: 268
October 19, 2017, 08:53:30 PM
#53
I figer outed that altcoin called ganjacoin(420G) is going everyday 10-20% up and down couple times even more so anybody suggest daily conectration on one coin?I am good at longterm trading and medianterm treding but I want to learn now more about daily trading.

That’s a good analyzation you will surely make money thru this coin if you are right. Well this is just a basic rule for every trade buy low sell high but of course you still need to study the coin so you can fully make money.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
October 19, 2017, 08:42:34 PM
#52
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!
For this kind of trading strategy you can use any exchange. however the ones with higher volumes and better established are better option. For me personaly is poloniex and bitfinex. Both have their issues but still work for me. There are other options. Just be carefull and dont be too greedy on your margins or you will be panicking and selling on oposite directions.

Polo was a great trading platforms before but since the surge of customers, they have somewhat fallen specially in the support area. Tried bitfinex though, although I have the same issues with Polo I doubt have a choice. However, I'm going to shop around again with a better trading exchanges.
full member
Activity: 157
Merit: 100
October 19, 2017, 07:18:33 PM
#51
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!

Mostly people here in our country using poleniex and bitfinex in converting altcoins to bitcoin or vice versa.we used this because its easy to used,even there are issue this in the past few months  but its working for us.there in poloniex we can know when to buy low and sell high,we can see the statistic of the data if the digital currencies will pump or dump.
In digital currency pumps and dumps are the parts of the game and if these will not happen then there will be no profit because dump attract people toward the coin and pump will make the profit to happen an if any of these cycle will be taken own crypto will just like flat currency and buying at low is the best thing so buy as much as you can to earn a lot in future.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
October 17, 2017, 11:20:58 AM
#50
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!

Mostly people here in our country using poleniex and bitfinex in converting altcoins to bitcoin or vice versa.we used this because its easy to used,even there are issue this in the past few months  but its working for us.there in poloniex we can know when to buy low and sell high,we can see the statistic of the data if the digital currencies will pump or dump.
sr. member
Activity: 322
Merit: 250
September 08, 2017, 04:52:35 AM
#49
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!
For this kind of trading strategy you can use any exchange. however the ones with higher volumes and better established are better option. For me personaly is poloniex and bitfinex. Both have their issues but still work for me. There are other options. Just be carefull and dont be too greedy on your margins or you will be panicking and selling on oposite directions.

But if you want to feel safer and have an ease trades then go to bittrex since this exchange are the most prefered exchange by most of the traders now. And I will just simply ride with the fuds and monitor some movements if there would be a good coin who got a nice pump and dump recently.
sr. member
Activity: 686
Merit: 250
September 08, 2017, 04:44:20 AM
#48
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!
For this kind of trading strategy you can use any exchange. however the ones with higher volumes and better established are better option. For me personaly is poloniex and bitfinex. Both have their issues but still work for me. There are other options. Just be carefull and dont be too greedy on your margins or you will be panicking and selling on oposite directions.
hero member
Activity: 1148
Merit: 527
September 08, 2017, 03:43:24 AM
#47
If you to get gain there is only one way, buy low sell high.
The hardest point is to know where is low and high?
it is the risk and fun
Well it’s a good suggestion for all to start your career as trader by investing a little capital in Bit coin when prices are low and start trading when prices are high. This is the only key to have greater profits buy low sell high and have a successful future as trader besides this luck also matters while trading.
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