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Topic: How long does it take to make a buy and a sell? - page 2. (Read 1530 times)

hero member
Activity: 1092
Merit: 501
This is all depend on on you of how much you like to get a profit. Because you will observe for a moment the flow of value of the token you bought just an example if you bought some coins. So the longevity of waiting is all depend on your decision mate.
newbie
Activity: 29
Merit: 0
There are one-on-one ways to buy, sell, and transfer. With this, your mileage will vary depending on your own skills, abilities, and know-how. Even though there is a fee, I’d stick to Coinbase for most of my transactions. Gemini and Kraken are also great networks, and good for alt coins.
newbie
Activity: 58
Merit: 0
You’re able to buy and sell via Coinbase quickly. When you buy you lock in the price, even though you might not have access to the currency, yet. This can take up to a week. When you sell, you also lock in the price, but you may have to wait a few days until the monies are passed into your bank account. Coinbase under promises and over delivers.
member
Activity: 294
Merit: 10
You can buy it if it is a lot if it decreases and if you increase your sales immediately everything is bigger for your profit. so you do not have to repent later. Roll Eyes
full member
Activity: 241
Merit: 100
There are many factors involved here, just like availability or you can say supply and demand of those coins into the market, where you are trading whether the exchange is having the necessary volume of stock or not. Otherwise, nowadays it's an easy job in the digital world to buy or sell the coin, but make sure that you are picking a good and valuable coin whose transactions are transparent and it can digest some big volume of order flow. so it depends on the coin and the exchange for the time period taken to make buy and sell decisions.
member
Activity: 121
Merit: 10
its depens coins as well as well as  how much profit you want to earn.if you sell it with less profit it will sell faster than others.in addition,you need to select the right coin to trade.
newbie
Activity: 47
Merit: 0
hmm, I noticed people reply without reading the entire thread? i had posted 2 additional post on the 2nd page to clarify.. Im guessing i may need to edit my first post?
full member
Activity: 168
Merit: 100
does it vary for different coins? I'm asking because if I want to day trade I want to make sure its doable. Someone told me it takes a long time to have a buy go through and a sell.

Well, i dont understand what are you trying to say. Do you mean to make the order taken in the market or just put sell or buy limit?
If you mean is amking your order taken in the market it is depending in the market run. Fast run is faster filled. But if buy or sell with recent price, you order will be filled in just few seconds.
But if you mean just put the sell or buy order, it is just take a minutes.
member
Activity: 294
Merit: 10
Buy and sell it’s means Trading if someone want to trade they must coin buy and sell for a short time and long time system. Number one is short time system if you want to daily income you can do daily trading that means short time trading or if you want to slow income but big amount so you must hold coin and some year later you can got a huge money.
member
Activity: 182
Merit: 10
Algo Trader
You have to keep in mind following factors:
  • Time of Hodling
  • Target Closing Price
  • Network Traffic if you are day trader and using Decentralised Exchange
  • Trading fees discourage the market taking orders
  • Position you are holding
  • Trend Reversal
  • If you are Algorithmic Trader than it could be from a Seconds to a Day
full member
Activity: 336
Merit: 100
the time frame for buying and selling an erratic coin is because the coin prices are very volatile and hard to predict, but I think that 2-3 months is a very good time to make a sale because the coin price will go up.
newbie
Activity: 47
Merit: 0
just to respond to the remarks of me being a newbie. I buy and sell cars for a living and started literally with no money. you buy cars low and sell for more then your in it for. same thing with crypto exchanges and on the stock market exchange.

 Except I need to learn about the exchange rates for transfering from exchanges to an exchange that I can cash out to USD. BTW the fees for day trading on the stock market or way higher then any of the fees on the crypto exchanges So i really dont see the big fuss about the fees. However, Im using microeconomics to do my best to keep my fees for trading coins and transferring to exchanges and out to USD to a minimum.

 I need to figure out the fees for trading crypto coins say for example using LTC to buy XRP an then when I made the profit i want to XRP to LTC or whatever coin i want to trade it into. thats the part I definately need to figure out. starting out im probably gonna stick with the 3 big ones ltc-eth ad btc and watch for dips and sell on the recover.

the crypto exchanges are more lucrative because its barely regulated and I know it will be regulated in the future at some point because crypto is getting major talk right now, and I've watched  the whales doing their manipulation. Wink

 I could have bought BTC at $16 a couple years ago so believe me I was pretty annoyed but it is what it is, Im not gonna cry over it.
newbie
Activity: 47
Merit: 0
does it vary for different coins? I'm asking because if I want to day trade I want to make sure its doable. Someone told me it takes a long time to have a buy go through and a sell.
No, you got the wrong information. some traders buy and sell bitcoin every two to three days. you can even buy bitcoin in the morning and sell later in the afternoon when you make your desired profit.


Right, I got info from a friend who said the buy and sells arent instantaneous...

I should have clarified,

If I want to buy AT MARKET PRICE for example if LTC takes a dip and goes down to  $300 and I buy right when the dip starts to recover at $305 and it goes back to baseline of $350 and then SELL... in essence if I only bought one LTC I just made $45

$305LTC - $350LTC= $45USD

Thats why I asked about how long it takes to buy and sell LTC-BTC-ETH Usually the dips happen and they recover in a couple minutes. If I can't BUY at market price when it dips and then sell at market price when it recovers then my friend was right but I'm in the dark because i havent done it myself and IM RELYING ON ALL YOUR KNOWELDGE!! Which I appreciate immensely.. I love forums and have learned many different things for being part of a community and I know if I have info on something to share it as I did at the bottom of this post about coinbase USD transfers to gdax.

I am going to start with around $100-300usd and do some test buy/sells.. I've been studying the charts and I am pretty confident in my chart analysis.. I am a newbie with crypto but I have day traded (not much but i understand it) with my brother on the stock market.

I also learned through my own playing around on coinbase and GDAX that there is a work around to buy the price of crypto at market price instead of coinbases inflated price by using GDAX
1. transfers from coinbase of USD currency have no fees. therefore I can fund coinbase and transfer USD to GDAX instantaneously and get away from the inflated coinbase price. As far as what I read this seems possible but until my USD funds are in coinbase I will not know if it actually works if it does I will report back and make a thread about it so people can save money on their first purchase.

Im still not verified on poloniex and I studdied the graphs on there as well as the volume(pretty busy) I am verified on bittrexx BUT my issues with trading on bittrexx is there is no selling out of crypto into USD so i have to deal with an exchange fee to send to a different exchange that will let me sell from crypto to USD.  unless there is a exchange that has multiple coins(more then just btc-eth-ltc

I know poloniex has USDT but i cant transfer that out into my bank account??? im not sure if that is possible in poloniex? are there any that do allow bank transfers other then coinbase,GDAX(I wont dare use gemini)??

member
Activity: 168
Merit: 10
does it vary for different coins? I'm asking because if I want to day trade I want to make sure its doable. Someone told me it takes a long time to have a buy go through and a sell.
No, you got the wrong information. some traders buy and sell bitcoin every two to three days. you can even buy bitcoin in the morning and sell later in the afternoon when you make your desired profit.
hero member
Activity: 1372
Merit: 647
Answering the how long does it take, there's no specific nor accurate range, it all depends on the situation. Yes, it varies for every coin, also in the volume and market activity, price, and percentage of profit you want. If you're really new into this, I suggest you to practice first (maybe in a demo account) just to know how it works and what to consider. Every day scenario will most likely be different, it's not always a win win situation for day traders.
member
Activity: 532
Merit: 13
If you are trading on one exchange then trade will depend on price you set compared to current price. If you are using arbitrage between exchange sites you will have to wait for confirmations on blockchain. This can take time and prices may move during such exchange.
sr. member
Activity: 1190
Merit: 256
does it vary for different coins? I'm asking because if I want to day trade I want to make sure its doable. Someone told me it takes a long time to have a buy go through and a sell.

In trading, there is usually no prediction as to when there will be an increase. It all depends on the market and the coin involved.
The length of time to hold depends on when you see the desired % of profit. It could be in weeks or days or can take longer.
member
Activity: 182
Merit: 10
does it vary for different coins? I'm asking because if I want to day trade I want to make sure its doable. Someone told me it takes a long time to have a buy go through and a sell.
I never tried to trade before but I am really willing to know more about it and there are two things I know about trading and it's either you win or lose. Most of the successful traders called it a game because there is a possibility that you win for earning too much money and losing all your money. One thing is for sure, all of them experience losing in order to be a successful trader. It will be a long time to buy and sell for those who doesn't have enough patience.
member
Activity: 68
Merit: 11
Very unknown, indeed, as it depends on a certain situation. If you bought a month ago, you would sell it now, like, 2.5 times more expensive. But there is often a huge volatility within even one day. Watch the market and don't forget about withdrawal costs.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
If you are talking about buying/selling any coin during daily price swing than yes you might have to wait for price to go up so that your sell order can be executed. Also if you are talking about arbitrage trading between two exchanges than you have to wait for few hours to get your deposits/withdrawals confirmed as well as you have to pay certain fees during this process.
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