My suggestion is to gather some knowledge about bitcoin price chart for last 2/3 month. Obviously cryptocurrency resellng is profitable but seller need to learn deeply about its price chart.
I will suggest to choose btc for reselling option. If reseller can buy during price dump and sell after pump than he can make reasonable profits.
Topic: Sale and resale of cryptocurrency (Read 215 times)
Speaking of trading you must stick on this thread to learn more about trading, Trading Discussion
No one knows when the exact time to buy that profitable soon, but no doubt if you buy now for sure soon your profit was there.
Reselling at the high price from the time you have bought is highly profitable.
Most likely reselling on an exchange or in your local wallet you may encounter a KYC (Know Your Client), others afraid to reveal their selves and share personal data, this is a difficulty for them.
No one knows when the exact time to buy that profitable soon, but no doubt if you buy now for sure soon your profit was there.
Reselling at the high price from the time you have bought is highly profitable.
Most likely reselling on an exchange or in your local wallet you may encounter a KYC (Know Your Client), others afraid to reveal their selves and share personal data, this is a difficulty for them.
Regarding the purchase ICO tokens and make profits.
After token enters the market, price will be the same as the project creators have conceived, and then in few days the price may fall sharply and might not grow for very long time.
For example, in a month the dexage token will be issued, now during presale you can buy it , and after crowdsale immediately sell it .
In my opinion you can earn some money this way.
After token enters the market, price will be the same as the project creators have conceived, and then in few days the price may fall sharply and might not grow for very long time.
For example, in a month the dexage token will be issued, now during presale you can buy it , and after crowdsale immediately sell it .
In my opinion you can earn some money this way.
OP every suggestion to you has been given and it's up to you on how you're going to learn on your own. If you still can't the answers from your question and you aren't satisfied with it.
The only way to get the best answer is to experience it.
The only way to get the best answer is to experience it.
Everything depends on the market...
1.Nobody knows when it is the most profitable to buy cryptocurrency.
2.Reselling is more profitable but more risky
3. If you resell on the exchange, there are no difficulties. If somewhere else, you have to find your customer.
This is right, but topic author should educate himself more before entering market/trading.1.Nobody knows when it is the most profitable to buy cryptocurrency.
2.Reselling is more profitable but more risky
3. If you resell on the exchange, there are no difficulties. If somewhere else, you have to find your customer.
Knowing this things its only begining, you should learn about keeping ur crypto safe also before you start and many many more. Postpone ur trading ambitions.
Trading cryptocurency has a lot in common with stocks trading (in a very volatile market). So inform yourself about technical analysis and charts.
Baron Rothschild (member of the Rothschild banking family) is credited with saying - "the time to buy is when there's blood in the streets."
Go against the herd if you can.
Trading is an art - you can't learn it from someone's advice or by reading a book or two...
And not everyone has a "gift" for trading; try and see is it your cup of tea...
Baron Rothschild (member of the Rothschild banking family) is credited with saying - "the time to buy is when there's blood in the streets."
Go against the herd if you can.
Trading is an art - you can't learn it from someone's advice or by reading a book or two...
And not everyone has a "gift" for trading; try and see is it your cup of tea...
When is the most profitable to buy cryptocurrency?
It depends on the type of investor that you are; if you are a long term trader or short term trader.The former I would say anytime is OK that's depends if the coin is a good one and the latter then you would have to buy when the market price are low
For me , I just focus on bitcoin only for long term investment.
Long term investment means more than 1 year holding.
Of course I'm using Technical analyze like MA 100 & 200 to see the pattern !
Long term investment means more than 1 year holding.
Of course I'm using Technical analyze like MA 100 & 200 to see the pattern !
Look at how big and stable the development team are behind the currency. Are there any side projects other developers are doing with it?
Buy the dip and sell the spike can work but it's not a great analogy. As a beginner you don't want to predict the bottom, you want to predict the point that it's gone through enough resistance but is not likely to fall back down. If you try to predict the bottom you might stop to short and have to fall from $1000 to $500 before a reclimb if it ever comes...
A lot of these markets are unpredictable but if you can, I'd suggest running full nodes of software that has been put for at least a year. And on things that have been out much shorter, try not to run them on a computer with another wallet in it or just leave them on an online wallet unless you're happy to review the source code. Hardware devices may also be helpful for wallet running as you only install the app the trusted hardware manufacturer has produced.
Buy the dip and sell the spike can work but it's not a great analogy. As a beginner you don't want to predict the bottom, you want to predict the point that it's gone through enough resistance but is not likely to fall back down. If you try to predict the bottom you might stop to short and have to fall from $1000 to $500 before a reclimb if it ever comes...
A lot of these markets are unpredictable but if you can, I'd suggest running full nodes of software that has been put for at least a year. And on things that have been out much shorter, try not to run them on a computer with another wallet in it or just leave them on an online wallet unless you're happy to review the source code. Hardware devices may also be helpful for wallet running as you only install the app the trusted hardware manufacturer has produced.
"Sell when others are buying and buy when others are selling" or "Buy the dip and sell the spike" are common ideas suggested by cryptocurrency enthisiasts.
A simple concept does not work in actual trading. You need a strategy and the skill to execute it, practice and research on trading techniques for helpful pointers.
A simple concept does not work in actual trading. You need a strategy and the skill to execute it, practice and research on trading techniques for helpful pointers.
Trading Bitcoin is an extremely complex topic, and I've just started learning about forex scalping. I started a thread about it here - https://bitcointalksearch.org/topic/i-cant-trade-the-channels-5102098
You need to be extremely careful whilst you are learning. There are quite a lot of videos on YouTube, and some very knowledgeable members here who have started some useful and instructive threads.
You need to be extremely careful whilst you are learning. There are quite a lot of videos on YouTube, and some very knowledgeable members here who have started some useful and instructive threads.
When is the most profitable to buy cryptocurrency?
What is more profitable to resell coins or pay in coins for the services of the company that issued them.
Are there any difficulties in reselling crypto money?
What is more profitable to resell coins or pay in coins for the services of the company that issued them.
Are there any difficulties in reselling crypto money?
Everything depends on the market...
1.Nobody knows when it is the most profitable to buy cryptocurrency.
2.Reselling is more profitable but more risky
3. If you resell on the exchange, there are no difficulties. If somewhere else, you have to find your customer.
When is the most profitable to buy cryptocurrency?
What is more profitable to resell coins or pay in coins for the services of the company that issued them.
Are there any difficulties in reselling crypto money?
What is more profitable to resell coins or pay in coins for the services of the company that issued them.
Are there any difficulties in reselling crypto money?
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