How to maximize profit - page 4. | Bitcointalksearch.org

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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?

I have also done this, locking my Bitcoin when I think it has already reached its tip of the pump. And the easiest way to do that is to use stable coins such as USDT. Right now there are already several options because unlike before when it was only USDT that was the most high in volume and trusted as a stable coin. But locking Bitcoin at $9,000 is something I cannot confirm. I myself will not do that. I will be hodling until around $13,000.

bitcampaign

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that's a good idea, I often do this when the price of bitcoin goes into a downtrend I sell it to USDT or some stable coins, after cheap bitcoin I buy it back, you can start with that way of buying and selling, remember buying cheap not buying at high prices, buy cheap and sell when expensive, not vice versa

Darooghe

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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?

Nobody can make predictions with certainty, because it depends on events in laws, regulations, political and fiscal decisions, the stock market, other world events,news from the bitcoin world and price action. And on top of all that comes the psychology of the traders and private and institutional investors, how they interpret these signs. However, Unless something terrible happens, I expect a continue uptrend that leading us to price levels of 2-3 times of current price until May 2020. thereby, buy now and HODL.

makishart

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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's a bad idea right now as the bitcoin is still in the bullish trend, it's better for you to keep them all in bitcoin form and the waiting for the peak price of bitcoin to happen in the future. We will face the next halving event and i believe it may possible to touch over 10k easily and this time 9k is reaching bitcoin and just expect more to come very soon.
Just hodl all of your bitcoin and put more than 10k as your next expectation to sell all of your bitcoin.

nekonyun

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to prevent if the price of btc goes up i think you should sell 50% so you don't lose too much if btc goes up and don't lose too much if btc goes down, this is the best way, rather than you selling all your btc to get maximum profit

Ucy

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*few half a Bitcoin*? like multiple 0.5BTC or less?
Depends on you. Can you afford to risk that amount of Bitcoin? If no, I will suggest you trade only part of the money. You keep the remaining part in stablecoin and use parts of that for buying more coins whenever price drops significantly. When price goes up, you sell the amount you bought and move it back to stablecoin. This should give you some reasonable profits if repeated multiple times.
I don't recommend trading with all you have unless you can afford to lose that.

acdc

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Your tactic is to buy when prices are low and sell when prices are high, which is the same tactic for everyone on the cryptocurrency market.
However, in order to be so, you need to have an accurate judgment about the price of bitcoin fluctuations. What if bitcoin could not reach the price of $ 9,000, if you make a mistake, you will probably lose your money.

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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 called trading and not a bad idea actually but the time you decided to do this is wrong in my opinion since the price started to climb up from this year's beginning.

Hold bitcoin until the end of next bull run the apply this strategy.

Xcode7

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Quote from: kodtycoon on January 17, 2020, 12:33:32 PM

at least you can start with a capital and when you have made a profit, the profit should be saved or hold for the long term, and the next action you can use capital that has returned to buy more when prices weaken. it's a way where you can maximize profits for maximum long-term profits

I think this is a good solution, so the profits you have will certainly still be there and the return on capital you can invest in the coins that you have planned, I think you also need to remember and re-record which coins you will go after you have enough capital, and you also have to pay close attention to the coin that you are holding and then you can add to the profit you have saved before.

kodtycoon

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at least you can start with a capital and when you have made a profit, the profit should be saved or hold for the long term, and the next action you can use capital that has returned to buy more when prices weaken. it's a way where you can maximize profits for maximum long-term profits

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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?

Yes, that is right and that what we called diverting into a stable coin which is USDT. That is possible to make a profit and that is already proven and tested from different traders. But just to make it sure that your profit was there before diverting to USDT, not just to cover your fees because that is normal. That what we called, buy and sell strategy. Just try it, but it is considered as long term trading and you must to wait the fluctuation of BTC price.

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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?

I think it makes sense. Looking at the graph, seems like a good idea. But remember that it's recently created a new support at 8700-8800. It can also go from 9k to 10k without pausing. So, there is a possibility that your forecast will come true, but the market will say the last word as usual.

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What you need to do is buy some bitcoin only if the price of it is on the lowest state. Try to take advantage on bitcoin when the price of it is low then try to hold it as long as you can and wait for a perfect moment to sell it. If the price of bitcoin is profitable on your side, you can now sell it. As long as you bought it on lower price then sell it on higher price, it is good.

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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?

When you get earning from promoting some project with bounty campaign or airdrop better use half your income for investing with bitcoin only, I think bitcoin is most safety investment way than other coin with have risk to lower price, you can hold bitcoin although for long time but keep exist with higher price and never have delist from exchange like altcoin.

enhu

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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.

imutlinda

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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.

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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?

I do not understand what is meant by the USDT to lock BTC in order to touch the $ 9k botcoin price?
Profits cannot be certain of this. Pure market movements so profits can be sure you hold small amounts and then sell at high prices.
Bitcoin keeps moving maybe tomorrow it will touch $9,000 soon.

Winscosinally

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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?

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