How to maximize profit - page 3. | Bitcointalksearch.org

cytpoway121

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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?

The best way to increase the bitcoin, is to buy low and keep for a while.
You missed out on buying before the recent surge in price.

It is not a stupid idea at all, and you do not need to sell to usdt. Keep your btc with you and don't miss out on the next pump.

Nonetheless, ensure to dyor.

Slow death

legendary

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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?

for you to do this, you will need to have good knowledge in technical and fundamental analysis, currently all news channels related to bitcoin are making very optimistic price forecasts:

bitcoin price ready to push above key resistance to hit 10.000

this means that the price can really increase a lot

TinaK

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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?

Here in this forum many people started learning and earning from campaigning and bounties. It is really helpful for many people so you can continue to make the profit for building it next level.
if you go to invest in any platform finally you may face the loss of something so you can continue with marketing works and make the money more.

cryptoangel

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Quote from: Obito on January 18, 2020, 11:42:15 AM

Quote from: imutlinda on January 17, 2020, 11:59:23 AM

it depends on the price action that will occur, if you make an investment and want to sell it when btc touches the price of $ 9,000 and keep your funds in USDT then you can do it, but first make sure whether the price will fall or continue to grow. so first you have to look for possibilities that can happen to the next bitcoin price.

Or you better not wait for the price to change. You can as well do invest on trading if you are familiar of doing it, so that you might be able to generate income as early better than waiting for something to change on price. Or if you want less risk then you could do it with half or 1/4 of your earnings at least.

This is the best time to invest the cryptocurrency, so your suggestion is good for this statement. But he is not a familiar traders, because every traders know the price fixing of our convenient schedule. so if you really understand how the market moving forward and backward of further days. Once satisfy our ratio, automatically it make constant profit on trading.

luckyflop

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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?

The way to maximize profits at the moment is to keep holding BTC in the near future. Certainly the price will keep going up so don't sell them, if you sell then you will surely regret it. In addition, you can use your BTC and invest in altcoins, search for the top altcoins in the market and have cheap prices to buy.

Wysi

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I would suggest to go for it but you need to be very active and need to have a proper market research and updates because here timing matters the most as things can change in minutes when it come to crypto. I would suggest to sell when the value reaches peak and starts to drop by few dollars only then you can lock you btc at highest peak. In order to bug buy cheap and same technique applies for buy back as well.

Oceat

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Quote from: StephenieDuong on January 18, 2020, 11:13:17 AM

If you confident about your trading skill, then sell bitcoin now and rebuy later is a good option. But if you dont, then dont do that, you might get some profit but i am pretty sure that you might miss the moon train. I think the best way to maximize profit is holding and do nothing more. Grin

Best way is to hodl if OP have a target price before he's going to sell it to increase his investment but I don't know what will OP be doing after selling. Price of Bitcoin will keep on moving it's best you have a plan of what you are going to do after selling either hodl after buying back.

Obito

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Quote from: imutlinda on January 17, 2020, 11:59:23 AM

it depends on the price action that will occur, if you make an investment and want to sell it when btc touches the price of $ 9,000 and keep your funds in USDT then you can do it, but first make sure whether the price will fall or continue to grow. so first you have to look for possibilities that can happen to the next bitcoin price.

Or you better not wait for the price to change. You can as well do invest on trading if you are familiar of doing it, so that you might be able to generate income as early better than waiting for something to change on price. Or if you want less risk then you could do it with half or 1/4 of your earnings at least.

cryp24x

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That's a good plan. I think you know what you are doing and you know how to handle your Bitcoins. Well, you need to continue with your plan and know the next step after you have done that. That way you will be sure that you will really maximize your profit. Keep on trading. You've got the skill!

StephenieDuong

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If you confident about your trading skill, then sell bitcoin now and rebuy later is a good option. But if you dont, then dont do that, you might get some profit but i am pretty sure that you might miss the moon train. I think the best way to maximize profit is holding and do nothing more. Grin

chip1994

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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 perfectly wise as the market is accepting the price of bitcoin higher and higher. It's one of the best ways to maximize profits and we need more patience.
And in my opinion for bitcoin it will soon rise to $ 14k or $ 16k soon in Q2. If you buy bitcoin about $ 8k or $ 9k then your amount will soon increase by about 50% or 60%. I am also using your way to work part time and bounty to put all your money to buy BTC and ETH. By now, my portfolio has increased by 36%.

Ahimoth

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Quote from: perla on January 18, 2020, 08:57:36 AM

Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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.

meldrio1

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It is not stupid idea, it is just your strategy to maximize your profit just keep going, we don't know your prediction might be right, if bitcoin reach $9000 then it will go down the price at $8000..

Doell

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that's not a stupid idea I consider it a return of profits ,you're very right when trading with that method the time period might not be long because the price of bitcoin is very good ,but it's better to you use fiat and it will be safe by not having any risk

NathanJB

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Quote from: perla on January 18, 2020, 08:57:36 AM

Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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.

It is either that is a correct decision or the price of Bitcoin will still rise up to $10,000 or even higher. That is a very near possibility in the next few days. The price of Bitcoin right now is really bullish it is not a wonder if it breaks $10,000 very soon. But that is a good decision to stay safe although you need to understand that Bitcoin always surprises us.

perla

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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.

livingfree

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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.

o48o

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Quote from: Winscosinally on January 17, 2020, 11:40:39 AM

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?

The fact that you are relying other people making that call for you is a stupid idea. If you are fairly that will be the price action happening, then do that. Then again, btc can run up higher and never to come back on your 9k. No one knows. No one can make those trading calls for you.

$crypto$

legendary

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I need another $100 to reach $9000 on the price of bitcoin. I believe this will soon go up to the price you want, but will your tactics be right? but if bitcoin is downtrend, it's better to sell to USDT then hold it back because that is a good way and the USDT will not drop in price.
Most likely bitcoin will be a good way when the price will redeem $9,000.

pajak666

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You can try to do this but trading is a little more complicated thing. Doesn't matter how good you are and what your strategy is, you will never be 100% sure what is gonna happen. As such, you must be ready for being wrong some decent % of the time and prepared for this both mentally and financially. You can have many trades losing before a winning one shows up that regains your loses and also nets some profit. In your strategy you also need to consider what would you do if the market went the other way. You need to ask yourself when do you buy it back with a small hit if market goes the other way and BTC starts rising after you sold it. If you make a good plan for all outcomes then sure, try it. Quite importantly too, please do not trade your full capital at the start. You can test your strategies on paper or trading like 5-10$ at once.

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