Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
This is not a bad idea to hold the coins in USDT temporarily as i do not trust the coin in the long term but if you are having a trading idea to hold the coin in USDT for a short period then it is well and good because of the liquidity it has in different markets and it is a great way to hold the profits until you find a trustable stable coin with liquidity. 
Topic: How to maximize profit (Read 788 times)
You can try to keep your Bitcoin only for long term. It is good decision if you dont understand enough how to trade altcoin
But if you have knowledge to trade altcoin, then trading is good way for maximize your profit
Dont forget to set good money management for every trading. It is a must in crypto trading which has high volality market
at the moment, it seems wrong to hold USDT, it's because there is a possibility that bitcoin prices can go up. so if you lock the assets that you have in the form of USDT, and the price of bitcoin goes up, then the assets that you have in the form of bitcoin decline, it will be quite detrimental if you see an opportunity you can hold bitcoin for a long time. Well, I'm on the side that holds bitcoin in the long run. But if you have knowledge to trade altcoin, then trading is good way for maximize your profit
Dont forget to set good money management for every trading. It is a must in crypto trading which has high volality market
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
to get profit and increase bitcoin Some of what you have today by selling when bitcoin prices go up and you buy them back when prices go down is one simple way, and it's not stupid in my opinion, and you certainly have to be patient to wait and buy bitcoin when prices down, because of course the rise and fall of bitcoin is not easy to predict.
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
to get profit and increase bitcoin Some of what you have today by selling when bitcoin prices go up and you buy them back when prices go down is one simple way, and it's not stupid in my opinion, and you certainly have to be patient to wait and buy bitcoin when prices down, because of course the rise and fall of bitcoin is not easy to predict. 
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
That is one thing that you can do to increase your bitcoin amount. I don't think that is a stupid idea because as long as you can sell when bitcoin price increase to the higher price, and you can buy back bitcoin when bitcoin price decrease to the lower price, you will have a chance to make a profit in usdt and bitcoin. But that will not be easy as we don't know how much bitcoin will increase or decrease, and we can only know when bitcoin reaches the price that we want.
You can try to keep your Bitcoin only for long term. It is good decision if you dont understand enough how to trade altcoin
But if you have knowledge to trade altcoin, then trading is good way for maximize your profit
Dont forget to set good money management for every trading. It is a must in crypto trading which has high volality market
But if you have knowledge to trade altcoin, then trading is good way for maximize your profit
Dont forget to set good money management for every trading. It is a must in crypto trading which has high volality market
USTD value is not much different from the dollar. so in my opinion your trick is to wait until the price drops, the difference here is if an ordinary person secures his assets in dollars, but you secure it in USDT. because the USD and the US dollar are worth it.
How it can have the different value if USDT uses dollar to backed its fiat money and what you are saying doesn't make sense. The majority of exchange sites are having USDT pair but not for the direct pair to the dollar. Some exchange site like kraken, coinbase may have direct pair to the fiat money but it's different with the global based exchange site that used dollar caused by the regulation. To secure your asset into the USDT or fiat are not having differences.
Maybe we are wise enough to see the market position and to find where we gonna make more gains. If you think that will gives you assurance, then bet it. Actually, there is no harm in trying that strategy...maybe it works for you but not with the others. For some of us here claims not a good idea, do they try it? Maybe not.
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
You mean sell your 0.5 BTC to USDT when it hit $9000 and buy back at $8000 mark? I think it is okay since today, 22 Jan chart show right as your prediction. Tho, I think BTC won't hit $8000 so you better buy back, maybe split half of 0.5 BTC to .25 to reduce the risk.
if you expect double profit by selling bitcoin at 9K $ and buying BTC at 8K $, that's difficult because btc itself isn't as easy as it can go up or down. Here you must make a choice whether you will hold BTC or USDT. If I think it's better for you to hold USDT first and wait for a good moment to buy back btc or altcoin but still you have to pay attention to trends and issues from the development of BTC-USDT itself. The possibility of a good trend for BTC will continue, so at least until Q1 2020, but all of this is not guaranteed either, the risk depends on how prepared you are.
I think holding bitcoin is enough if you want to grow it, trading can makes it complicated since its not easy to predict the next movement of the price and make an analysis.
However USDT is a stable coin and you have the assurance your money wont fluctuate, in this case the decision is up to you because we have different strategy on how to grow our money.
However USDT is a stable coin and you have the assurance your money wont fluctuate, in this case the decision is up to you because we have different strategy on how to grow our money.
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
You mean sell your 0.5 BTC to USDT when it hit $9000 and buy back at $8000 mark? I think it is okay since today, 22 Jan chart show right as your prediction. Tho, I think BTC won't hit $8000 so you better buy back, maybe split half of 0.5 BTC to .25 to reduce the risk. Not a stupid idea but you would have to trade it back again before the price goes up again. Otherwise youd be burned. That's what everyone else calls trading.
Its not hard to do when you know when to do it and this is why there is the need for a trader to know how to read the charts. The more money we spend learning the better we become.
Hi enhu can you please try to drop information about how to read charts? I've been looking for answers about reading charts so one will know when you buy and when to sell again, where and how will help a lot on this forum Its not hard to do when you know when to do it and this is why there is the need for a trader to know how to read the charts. The more money we spend learning the better we become.
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
And you ever think that it helps you to gain more?Coz in me, I'd rather keep it in BTC as I've seen that Bitcoin price will move higher more than of $9k and that it seems to more gaining.
I suggest to be strong enough and think that everything will be fine as halving comes. You'll need not worry for the price to drop. I understand that you'll need to be secured and everyone does, but why not disclosing some instances knowing the fact that the price will surge high anytime soon.
is volatile and those who are willing tot work with it both from long and short term investment are able to get good benefits. Timing is the key
to succeed best to learn how to place your position in the right time and in the right place.
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
Yes, it's also a good idea if you correctly predict the price of bitcoin will go down to $ 8k. but if the price doesn't drop below $ 8k then you won't make any profit. In fact, no one can predict the price of any coin, it's all about probability. So if you want to maximize profits but don't miss the opportunity when bitcoin grows, I have an idea for you. Instead of buying everything at $ 8k, divide it into 3 equal parts. you will take the risk at $ 9k or less and buy all at the acceptable price. That is the commonly used DCA method. Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
And you ever think that it helps you to gain more?Coz in me, I'd rather keep it in BTC as I've seen that Bitcoin price will move higher more than of $9k and that it seems to more gaining.
I suggest to be strong enough and think that everything will be fine as halving comes. You'll need not worry for the price to drop. I understand that you'll need to be secured and everyone does, but why not disclosing some instances knowing the fact that the price will surge high anytime soon.
USTD value is not much different from the dollar. so in my opinion your trick is to wait until the price drops, the difference here is if an ordinary person secures his assets in dollars, but you secure it in USDT. because the USD and the US dollar are worth it.
This is a good strategy for sure, I remember when Ethereum was around 2-4$ per ethereum I would try and trade ethereum everytime it went up and down.
Just to increase the amount of ethereum I had, it worked very well and you will learn you about the very volatile market as well if u watch it everyday.
Now a days you can even go the step further trading your Bitcoin for Usd-t and try to do the same thing, you do need to keep a eye on the market every day if you do that, You will make some mistakes but it will teach you valuable lessons.
So I think this is definitely a good way of familiarizing your self with the cryptocurrency market and increase your stack of Bitcoin.
Just to increase the amount of ethereum I had, it worked very well and you will learn you about the very volatile market as well if u watch it everyday.
Now a days you can even go the step further trading your Bitcoin for Usd-t and try to do the same thing, you do need to keep a eye on the market every day if you do that, You will make some mistakes but it will teach you valuable lessons.
So I think this is definitely a good way of familiarizing your self with the cryptocurrency market and increase your stack of Bitcoin.
That's not stupid, but the price of bitcoin isn't always there. When you lock in the price of $ 9,000. And sell it, then the price goes down, that's fine, but if the price of the pump, you will regret it. I have a little good advice. Maybe you can sell half of your bitcoin at the price you lock, and half to prepare for the pump.
Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
So do you save your results in current USDT form until BTC reaches 9K? and when the BTC price drops at 8K you will buy it back? if you mean like that, it's good to sell when it's expensive and buy when it's cheap is an important principle that is trading. But it needs to be considered to achieve an increase in BTC up to 10-30% is not easy and certainly will take quite a long time, and when that time comes we do not know whether BTC can go down or go up as you expect.
But if you believe, then make it happen, and if it happens to me with the position of holding the BTC, I will not trade on the BTC-USDT, I will play capital on altcoin, which if viewed in terms of losses can be minimized by managing and divide the money Altcoin will buy with consideration of price and market volume itself.
Jump to: