Topic: Sell high, i get it but how? - page 2. (Read 582 times)
Its normally easier said than done, selling high mean that you will have bought the coin cheaply, there are quite a number of cheap coins in the market, the challenge is getting quality cheap coins which are very hard to come by, you can however take advantage of the red zones to get quality coins at a relatively cheap price wait till the bull run and sell high, It can be confusing yes, but the crypto industry needs lots of patience, do your research well and get good quality coins and you will almost be there
Hi All,
All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.
If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?
What do you peeps do? I'm slightly confused.
Thanks
All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.
If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?
What do you peeps do? I'm slightly confused.
Thanks
That's why there are coins that has fix in value like USDT. If you participated in an ICO and thinks that it is a good time to sell them you can trade them to either ETH or BTC. If the value of both coins is at a high one, and you think that the market will drop again, you can exchange them to USDT or tether. USDT is the same value of US Dollars with only minimal increase or decrease in value. If you are planing to remove the coins out of crypto world just exchange them to fiat which is much safer.
Most of the top 20 coinmarcetcap coins are certainly not cheap. But some other cheap coins got even cheaper as a result of the crash.
I myself also still learn a lot about trading system. I think selling when coins are high prices. And buy when the price of coins is low. So the profit earned can be set aside. And the initial capital can be to re-buy coins when the price is low. And so on, if I think.
Buy low and sell high. It is the best strategy as a trader and if you want to see your real profit, invest in bitcoin in a dollar then the profit of your investment use it to buy again and your capital just keep it. You must use your profit to buy again in bitcoin and set the desire value of the bitcoin when you sell it. Your money will grow if you holding your bitcoin and sell it in a high price.
In this market situation almost crypto coins are in a lower price and for me this a good chance to buy and hold it until the market will recover from the dip, I'm sure you will gain an profits. But don't just invest your money in any coins without analysing, it's better to make a research before investing.
To get the highest selling price, you need to clearly analyze the market as well as the business of the project. 
It is simple, compare the starting value then the current value. If the current value is higher than the starting value then you can sell it. It must must be 5times or higher than its original value to gain more income.
Hi All,
All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.
If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?
What do you peeps do? I'm slightly confused.
Thanks
All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.
If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?
What do you peeps do? I'm slightly confused.
Thanks
Dont be confused just relax, for my advise just conduct your research on price equivalent for your coin just like btc, fluctuating price going high and low, so when you observe that the coin you have is on higher value then thats the time you release it to sell with profit. About converting, you an do that back and fourth.that all for now ..thanks..
I myself also still learn a lot about trading system. I think selling when coins are high prices. And buy when the price of coins is low. So the profit earned can be set aside. And the initial capital can be to re-buy coins when the price is low. And so on, if I think.
Buy low and sell high. It is the best strategy as a trader and if you want to see your real profit, invest in bitcoin in a dollar then the profit of your investment use it to buy again and your capital just keep it. You must use your profit to buy again in bitcoin and set the desire value of the bitcoin when you sell it. Your money will grow if you holding your bitcoin and sell it in a high price.
So you can convert the token into the USDT, so you can avoid the loss of the fall
Most of the time the BTC has always fallen less than the other altcoin.
Most of the time the BTC has always fallen less than the other altcoin.
the Day traders are the ones trying to buy low and sell high. They're looking at complex patterns in the market, along with the news, in order ..
If you want security then convert your tokens into US dollars. They are much more stable compared to crypto currencies like bitcoin or ethereum and as you mentioned, you are not quite a fan of its price fluctuations. US dollar is your safest bet in times of market fluctuations.
Converting to USD is safe but hard for people overseas, since not many people actually have dollar cards. I would say it's a good option to sell the coins for tether if the profit will be used for further investments, or sell for local fiat if that's the end of the road. I think it is best to set some desirable limits and sell when the coins reach them. It is also more important not to buy high that sell ath. I mean, one would obviously sell the coins when there's some profit already. But what's the wrong and frequent move afterwards is buying some coin which is rising rapidly because of believing it will rise even more soon.
Don't sell in the bear market. When people sell high they are telling you to hold your coins until the price goes up higher than the price that you bought it for so you can make money from your investment when you finally sell. Just make sure that you wait for the market to fall and prices to go down before you buy coins.
Selling on the high & buying on the lows, this is a basic concept I learned while I just joined the crypto space, but I believe its safe to say that its best to set a personal target for yourself where you want to sell a portion of your portfolio to make some profits.
It is very important to have patience and a flair for perspective coins. Because you have to wait until the coin falls in price, and the when it begins to grow, then it must be sold.
To sell high u need to buy low,many peoples and i buy on low when release fud,or dump after u choice what token u buy,then on pump u sale and buy again more but on diferent price.U need check news about crypto becose good news and bad take price alot!
How? Hodl. That's the best thing to do for you. All we know that bitcoin and other cryptocurrencies you have will pump so hard in the future and that's a fact. So the best thing to do is to hodl or watch how it will pump.
If you're looking at USD price, it's difficult to sell high at the moment because of bear market. However if you don't care about USD so much and you only look at BTC price, then it's possible to sell higher than you bought, even in bear market.
Hi All,
All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.
If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?
What do you peeps do? I'm slightly confused.
Thanks
All the Crypto experts are always banging on about selling high, which is in most cases is correct, but i don't really get how someone can lock in the profits.
If i sell, do i convert the coin back to BTC for profit? How does someone make profit because most of the time when coins dump so does BTC! so how does someone secure profits?
What do you peeps do? I'm slightly confused.
Thanks
This is by tracking your profit based from what you used in purchasing that specific coin or token. See the instances below to make things clear:
1. You bought 1 BTC for $10k, sell them back to USD when the price went up to $11k. 10% profit is not bad.
2. You bought 1 ETH for 0.1 BTC, sell it back to BTC when the price of an ETH strike to 0.15 BTC. 50% profit.
DO NOT sell based from USD alone:
If you bought 1 ETH for 0.1 BTC in which 0.1 BTC = $1k do not sell if the price of ETH is $1.5k if it's value in BTC is 0.09 BTC. This is a loss in terms of Bitcoin. It should've been perfect if you did not buy at all.
Good traders accomplish this by placing their sell orders based from their desired profit. Or by having a personal record of their purchases. Perhaps using notepad or a notebook.
You can sale high when you are able to join a good project during there Presale, when the ICO is done and they proceed with there working MVP, you reap the great reward if being an early investor. Join our Presale now www.nwpsolution.com
I myself also still learn a lot about trading system. I think selling when coins are high prices. And buy when the price of coins is low. So the profit earned can be set aside. And the initial capital can be to re-buy coins when the price is low. And so on, if I think.
Buy low and sell high. It is the best strategy as a trader and if you want to see your real profit, invest in bitcoin in a dollar then the profit of your investment use it to buy again and your capital just keep it. You must use your profit to buy again in bitcoin and set the desire value of the bitcoin when you sell it. Your money will grow if you holding your bitcoin and sell it in a high price.
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