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Topic: Buy low sell high? - page 17. (Read 5017 times)

full member
Activity: 134
Merit: 100
September 06, 2017, 10:51:10 PM
#46
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
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
September 06, 2017, 04:54:05 PM
#45
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.

what comes up must go down again one day.
remember: nothing goes up forever
read a bit about market cycles.
there's several videos on youtube and articles
it helps to understand.
full member
Activity: 143
Merit: 100
September 06, 2017, 04:34:03 PM
#44
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.
hero member
Activity: 659
Merit: 500
Zepher is scammer!:)
August 14, 2017, 04:41:57 PM
#43
I use Poloniex and Bittrex mainly for trading. I recommend converting BTC to USDT (as per above post) to take profit when BTC rise. Converting BTC to fiat usually cost much expensive fees.

Polo not trustworthy anymore Angry...because all those lags and couple my friends did not get they money withdraval from polo..one of friends wait for his money almost one month..
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
August 14, 2017, 05:00:22 AM
#42
The first thing you have to do is shift to bittrex from coinbase. Right now the top exchange for top altcoins is bittrex and if some coin is in bittrex means it has some value. So the basic idea is to buy low and sell high but the altcoin rates will be adjusted towards the rate of Bitcoin.
Depends the type trading every trader on market, example Bittrex in current just for trader like altcoin small volume or token ICO. Poloniex still on top 1 exchange for day trader trading altcoin on top 10 coinmarketcap.

That's basically at the core of trading. You'll develop skills and strategies along the way but its always going to a buy low sell high target. Though of course we can't hit that all the time so that's where your experience and preparations would come in.
sr. member
Activity: 924
Merit: 260
August 13, 2017, 02:57:49 AM
#41
Bitcoin exchangers that you can convert your bitcoin to altcoins or fiat are many and like you said if I understand you very well is to buy low and sell high understand you need and you want to arbitrage with coinbase and others exchangers. In livecoin.net there is a great arbitrage opportunities at this trading exchangers platform you can easily convert bitcoin to USD and others crytocurrency.
sr. member
Activity: 406
Merit: 251
August 13, 2017, 02:21:44 AM
#40
Yes everyone who trades must do that, I do the same thing, I buy at the lowest price then I wait and hold it until the price becomes high then I will sell then and hold again and continue like that, but there are things that must Note there are good you analyze when you want to buy to avoid or minimize the risk that will occur later so you can buy at the right time and sell it at the right time too, so you do not buy expensive and you sell cheap
legendary
Activity: 1008
Merit: 1000
August 13, 2017, 01:22:37 AM
#39
The first thing you have to do is shift to bittrex from coinbase. Right now the top exchange for top altcoins is bittrex and if some coin is in bittrex means it has some value. So the basic idea is to buy low and sell high but the altcoin rates will be adjusted towards the rate of Bitcoin.
Depends the type trading every trader on market, example Bittrex in current just for trader like altcoin small volume or token ICO. Poloniex still on top 1 exchange for day trader trading altcoin on top 10 coinmarketcap.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
August 13, 2017, 12:33:11 AM
#38
The first thing you have to do is shift to bittrex from coinbase. Right now the top exchange for top altcoins is bittrex and if some coin is in bittrex means it has some value. So the basic idea is to buy low and sell high but the altcoin rates will be adjusted towards the rate of Bitcoin.
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
August 13, 2017, 12:15:49 AM
#37
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.
Yeah i agree with you..thats a trading technique to make/ earn profit with your small amount or even large amount of money. And thats technique is what im doing in trading. And fortunately i earn. Just wait the right time to sell your bitcoin  currency into the local currency you used. Just be patience for that technique.😊
hero member
Activity: 910
Merit: 509
August 11, 2017, 09:34:20 AM
#36
Converting my stored btc to php and vice versa is part of my everday life for now. Can't even understand why im doing it even for a small up price but i think the feeling of doing such is refreshing.
It is good if all this refreshes you.
I personally feel that holding bitcoins for next few years is going to make you millionaire without working hard. You should never convert all your bitcoins into php. Bitcoins are the future of the world. It would be absurd to lose such a precious asset.
member
Activity: 98
Merit: 10
August 10, 2017, 04:13:10 AM
#35
It's the basic of way of trading. The idea of Buying Low and Sell High, is very much used by everybody. Even those who are professionally inclined in this industry would advice you the same way to enter the market. For Philippines, I guess Coins.ph is the well knowned coinbase style of wallet. In which we can deposit Peso and convert it to Bitcoin whenever the price are low and sell when rates increased.
full member
Activity: 143
Merit: 100
August 09, 2017, 04:29:36 PM
#34
Coinbase have really bad service for me bro.I better use exchangers which accept bigger amount of crpytocurrencies.I use livecoin because it is pro trading site .it looks preety and accept many coins.
hero member
Activity: 770
Merit: 505
August 09, 2017, 04:03:56 PM
#33
Back in 2016, I had tried my luck with BTC-e. I purchased LTC for low prices, and tried to sell it for higher rates. The first few times, I was lucky and was able to net small profits. But then the LTC exchange rates crashed and all my previous profits were wiped out.

    You are not the only one who had tried their luck in trading. Also back on a few months when i was trading at poloniex, it went smoothly and all I can say is that I could really earn from it, and since because of too many news regarding the changes or updates of bitcoin, there goes my bad luck, instead of gaining, I only just hold unto my coins up until now, until I will sell it already, my technique is  I never lose hope, I still buy because it is still low.
If you don't lose hope, that is your plus point as a trader. Many people lose in trading simply because they are impatient.
I don't think so you have lost. Bitcoins still have the tendency to increase beyond the imaginations. If you are still holding bitcoins, you are going to take a ride to the moon.
sr. member
Activity: 882
Merit: 269
August 09, 2017, 06:33:17 AM
#32
You have a very nice trading strategy and the best way to really make it in this market is buying low and sell high. Though I can only advise you on bitcoin altcoins trading that you can use poloniex.com or c-cex to convert your altcoins to bitcoin and vice visa. You can convert your bitcoin to others currency at livecoin.net.
sr. member
Activity: 322
Merit: 253
August 09, 2017, 05:46:33 AM
#31
Converting my stored btc to php and vice versa is part of my everday life for now. Can't even understand why im doing it even for a small up price but i think the feeling of doing such is refreshing.
sr. member
Activity: 1162
Merit: 258
1xbit.com
August 09, 2017, 05:43:41 AM
#30
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!
Poloniex and bittrex are good for me because of their large volume but I mostly use local exchangers for fiat, to convert the btc it depends on the altcoin I bought and the calculation whether is it profitable.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 09, 2017, 04:25:20 AM
#29
My strategy is similar.
I buy new cheap coins and wait long time.. after sell high and got profit.
But this take some months or years..
Please see cheap coin on market.
That is a risky strategy, buying cheap coins without a strong research is a very risky move for an investor or trader because it will not give you assurance that coin will become high on its price after a few months or even years. It is better to buy average up to expensive coin rather than risking your money in cheap coins that doesn't have any clear potential.
sr. member
Activity: 1330
Merit: 258
August 09, 2017, 04:03:19 AM
#28
My strategy is similar.
I buy new cheap coins and wait long time.. after sell high and got profit.
But this take some months or years..
Please see cheap coin on market.
legendary
Activity: 2464
Merit: 2094
August 09, 2017, 02:49:41 AM
#27
Almost all the traders does the same thing. Buy low and sell at the high price to enable you make profit from your investment. Although It is the selling moment that is usually the problem because when there is a panic in the market many will out of panic sell at lost.
Most of the traders dream is to buy low and sell in high amount, they do it because they want  to earn income. Also it is the literary circulation of business in any side of the world, but it is different in bitcoin or other altcoins because in this kind of job you need to be patient and wait the right time before sell it.

I think the way it works is almost the same as buying a low price and hold it for a while until the price goes up and sells when the price actually goes up. But basically traders always expect profits from trading business,be it trading coin or forex trading.
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