How to maximize profit - page 2. | Bitcointalksearch.org

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legendary

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

Just hold it if you don't have any idea on what you are doing.

If you are not sure into what you want to do with your hard earned Bitcoin, better to just hold it instead of trading it because that is already trading. What if the amount of Bitcoin you get after selling your Bitcoin will decrease? If you aren't really good in trading, just hold it for a certain amount of months or years and just continue to promote projects.

Shasha80

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That's the smart way in my opinion if bitcoin reaches a price of $ 9,000, then the profit is stored in stablecoins like USDT. Because usually
after the bitcoin pump will be corrected first, if the bitcoin correction to $ 8000 it is better to do a buy back. But if wants the maximum
profit is to wait lower again at $ 7800, it's better to buy back in my opinion. Moreover, the capital is bought some of the altcoins are getting
maximum results. But I also only provide input that the truth is not necessarily guaranteed. Then from that the decision is yours.

Pelunize12

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

from what you wrote, I think you are newbie. You should learn more what to predict price
learn more is the way to maximize your profit. educate your self first, then the profit will follow
there are many sources to learn cryptocurrency. In internet, you can get it all

shinratensei_

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Quote from: restuibu on January 20, 2020, 04:07:52 PM

selling it to make usdt is a very good idea because usdt is the most stable join and buy when the price goes down is also a very good plan I also do that

It's not about to sell that for USDT but it's to avoid the volatility from the crypto market. But this can be the best way to maximize profit as when we are trading using stable coin and our profit will not get decrease due to the volatility that happens on the crypto market anytime. Just try to pick a coin with good volume and volatility. To maximize our profit needs a lot of factors just like when you are getting a good market with high volatility and you can expect a huge pump to happen easily caused by a lot of whales are also trading there. What you have been writing in your post is about the basic points to do a trade in crypto market.

Ashong Salonga

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

It is not a stupid idea because it is your own strategy to be able to gain a profit. For sure you have think about it for so many times to be able to come up into that idea. Because if it was just a wild guess or impulsive decision making, then it will not fully function or work. But your idea seems nice and I think that you should give it a try since it seems that you have already calculated the amount of profit you can acquire by doing such strategy of yours. Better go for it because trading Bitcoin for a stable currency which is also a good trading pair which is USDT is a good idea if you want to stabilize your asset for a while and wait for the opportunity to get it back in terms of Bitcoin once again. It is a matter of choice and taking risk at the same time.

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

Short trading can only work if you have knowledge about it, and if you want to increase your bitcoin holding then you can do the short trading but think also about the risk of it. Keep working with the bounties, don’t stop doing that until it increases your holdings, don’t do a short trading if you’re not confident because you might lose your bitcoin.

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

How is your strategy, does it works great and effective? If that so, you can maximize your profit anytime.
But don't get stupid enough to think of easy money cause it never meant that way. It all be a sort of hard work and meant of how we work on our trades, effectiveness of our strategies and capital. These things will help you to achieve your goal and most likely you'll be able to gain more than what you've thought.

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Quote from: n0ne on January 20, 2020, 05:39:04 AM

Most of the users go for long term holding. While holding itself doing trade in between will help in accumulating more and more bitcoin. Very few practice it, another necessary thing to be done is the staking. A new process has been put forth by some projects in which certain percentage provided as profit based on the volume staked.

It is the task of each trader to make profit, but why do most of them have long minus deals in some places? I think it's all about dispersion and those who can overcome it with a positive strategy will win.

restuibu

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selling it to make usdt is a very good idea because usdt is the most stable join and buy when the price goes down is also a very good plan I also do that

iv4n

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

It's trading strategy, shorting, you sell high and you buy back when price drops. It works in some moments, after all every price rise has top, like every drop has a bottom, catching top and bottom is not always possible, but with monitoring the market carefully you can maximize your chances for successful trades.
It's not a stupid idea, every coin has a volatile price, so every coin has some range of that volatility. Except sudden increases and decreases, which often happens in crypto market, price tend to keep some range for some time. Spotting this ranges on time will help you to determine where are tops and bottoms, and you can adjust your orders by that.

TheGreatPython

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Yeah having a portfolio of both old and new coins could help out a lot, at least you would have a stable side and a risky side. For example, if you have 0.5 worth of bitcoins, having 0.3 btc worth of good old trusted coins like btc-eth-ltc and stuff like that would mean your 0.3 would become 0.5 in the end, maybe today, maybe in a year, maybe in two years but that will happen, so the other 0.2 is actually for risky plays.

With the other 0.2 btc you could buy brand new coins, ICO's, IEO's and many other stuff like that, maybe coins that have been around for a while but quite hail marry to just buy like doge or redd or whatever. However, I would suggest staying away from xrp,bch,bsv those are ran by people who are crooked and not liked, coins are fine themselves but anything weird could happen due to their owners.

n0ne

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Most of the users go for long term holding. While holding itself doing trade in between will help in accumulating more and more bitcoin. Very few practice it, another necessary thing to be done is the staking. A new process has been put forth by some projects in which certain percentage provided as profit based on the volume staked.

Pamadar

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If you are willing to wait then it's not a bad idea at all. Since the market fluctuation always been a part of this market setting your goals and targeting your position is quite good than to keep chasing the movement inside the market.
It also save you time to monitor your trading position you just need to wait once your position already been executed.

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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 still good as trading your btc. I bet you'd generate more profits than expected. If you are a pro trader, you may take the horn by trading your btc for more profits.

Adriano2010

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It can work but what will happen if bitcoin go to 9k and stay there and grow more, then you will buy less bitcoin, you can try but also you will depend on luck and also depends on what hour you are online and when price of bitcoin go down so you buy more, but better search other way to get more coins if you don't know trading.

livingfree

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Quote from: cryp24x on January 19, 2020, 12:48:38 PM

Quote from: livingfree on January 18, 2020, 09:44:51 AM

It's not a stupid strategy but if you can keep the bitcoin, please keep it and look for something else as your source which will be used for buying additional quantity of bitcoin.

But if this is what you really plan to do, this is the very known strategy of buying low and selling high. Rinse and repeat and you can make money out of this strategy just like the most.

Do you mean TS should hodl? Well, you have a point when you said that he should keep it. But if he can do both trading and keeping his coins at the same time, he should be doing it. As for me, if he has the ability to do trading, some of the tokens or coins that he have. Daily trading will help him on his daily expenses.

Yes because he has bitcoin so there's really a need for him to hold it. But if it's just another random altcoin, he's up for any decision that he wants because it could give him some decent profit or somehow losses.

He wants to trade it for USDT so that he can keep the value and buy during the dips and eventually sell if it pumps a bit. I think he knows how to trade but only lacks experience so for people that do have that kind of worry, they have to think again and day trading I guess it is not the right time for him.

cryp24x

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Quote from: livingfree on January 18, 2020, 09:44:51 AM

It's not a stupid strategy but if you can keep the bitcoin, please keep it and look for something else as your source which will be used for buying additional quantity of bitcoin.

But if this is what you really plan to do, this is the very known strategy of buying low and selling high. Rinse and repeat and you can make money out of this strategy just like the most.

Do you mean TS should hodl? Well, you have a point when you said that he should keep it. But if he can do both trading and keeping his coins at the same time, he should be doing it. As for me, if he has the ability to do trading, some of the tokens or coins that he have. Daily trading will help him on his daily expenses.

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

if it works, then it's a good idea, it's just that we can't determine success or failure before we try it. so far, I have a strategy to increase my bitcoin by holding it in the form of an altcoin. Well, little by little, it works. however, if you believe that the price of bitcoin can return to the price of $ 8,000, then do it. but remember, DWYOR

sana54210

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Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

Why do people do not continue what they do to keep increasing the money they have? You said you collected that much money by just promoting projects, why not continue to do that? Why must you risk even more to eventually end up losing your money? You do realize that when you try to maximize your profit, you would be risking even more money, not saying you will lose it 100% sure but there is that risk.

However, if you are good at something and collected 0.5 bitcoins already from it, there is no reason to stop doing that and move into something different. I don't know how long it took you to get that much money but personally that money is a lot to me, if I had a way to make that much money I would just keep grinding that and even promote more projects and work harder there.

perla

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Quote from: Ahimoth on January 18, 2020, 10:59:06 AM

Quote from: perla on January 18, 2020, 09:57:36 AM

Quote from: Winscosinally on January 17, 2020, 12:40:39 PM

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?

It is not a bad idea. As long, you can accept possibility bitcoin price not reach that $8000 and keep increased. Because in trading, something unexpected sometime happen. If me i will do it half, and the other to sell or exchange bitcoin to usdt if bitcoin price increased again and not dump anymore.

Long term holding can be used to maximize profit, but when unexpected market went to an intense value; it became unstoppable. The market will behave so fluctuating, as every trader will grab a quick profit to fulfill their target. Because of that idea, more demands will come and this contributes to the price increase successfully.

About market that possibly unstoppable, maybe it is better for Op to split his capital so at least he wouldn't regret if bitcoin price keep pumped and miss the train because he still have half of his capital to sell in higher price.

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