Topic: Sell high, i get it but how? - page 3. (Read 582 times)
You should be able to predict the price of the coin about whether the sale is stable or not, if the price is stable but the development of the coin is good then you can analyze the price. If you can see the coin is good, you should be sure to buy it and hope to make a profit, if the development of the coin is good, then you buy it but must be reminded that you always monitor the price of coins that have been purchased. The more you have a lot of good coins, then you can benefit.
The thing is to wait until the price pump and then sell it.
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
If they said sell high, it doesn't mean that sell crypto if the price reach the moon, the proper definition of Buy low and sell high is to buy tokens at low price as possible and sell it when the price goes back to normal or if the price is above your buying price. Lets make a scenario, example you bought btc at $7000 if it reach $8000 or higher it can be consider as sell high.
I usually sell my coin when it's overbought and buy a coin when it's oversold. last December I sold all my BTC at 17k because it's overbought(RSI over 80) even it went almost 20k I did not get any regret. and bought again at 10k and sold it again at 11k. perhaps sticking to strategy help me to sell it when profitable ignoring any news.
Sometimes you can predict when price will be lower than usually, then you can buy some to your wallet.
Second step is to set a goal that this coin can achieve but rembember every coin can not achieve few thausands dollars in few months so choose realistic goal
Third step and the last is waiting for it, sometimes you can wait longer than you think but it is crypto and nobody know what will happen
Second step is to set a goal that this coin can achieve but rembember every coin can not achieve few thausands dollars in few months so choose realistic goal
Third step and the last is waiting for it, sometimes you can wait longer than you think but it is crypto and nobody know what will happen
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
Even if you sell it to btc and the price of btc goes down, you have more btc than before so you can wait until the price of btc increase again or use it to buy the coin again cheaper. don't look at the usd value but look at the btc value, your goal is to have more btc than what you've started with. If you can also do btc price analys then it's better as you know when to convert it to usd for more profit. Look at the rsi, if it's overbought then it's the correct time to sell and reenter again later. 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
I think you should trade this way: first buy any altcoin with bitcoin and when its goes high you can sell for bitcoin and then immediately you have to sell bitcoin for USDT as USDT is fix rate of 1$, so if bitcoin goes any where your holding of USDT is safe and your profit is secure, and when you want to buy any altcoin or bitcoin you can sell USDT for bitcoin and trade again.
Yes this is a good idea for the people who want to safe their profits from crypto investment but I will keep it as a bitcoin because bitcoin has the high volatility so we can make high amount of profits at any time.But no one really knows what is the highest price and lowest price so we need to define a profits margin and act according to that.
for me i am waiting for a little bit time before selling, waiting for it to higher so i can earn more profit than selling as soon as the coin is release.
I think you should trade this way: first buy any altcoin with bitcoin and when its goes high you can sell for bitcoin and then immediately you have to sell bitcoin for USDT as USDT is fix rate of 1$, so if bitcoin goes any where your holding of USDT is safe and your profit is secure, and when you want to buy any altcoin or bitcoin you can sell USDT for bitcoin and trade again.
The simplest way is when the news on the Internet is overflowed with positive reports about the growth of bitcoin in the near future to $ 100,000 or $ 1 million, which means it is urgent to sell 
.
. 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.
Make sure you can always be active in monitoring and observing market developments. Wait until the market is completely stable to be at a high price. Once you can make sure everything is completely secure, bitcoin is stable, then you can sell it. Bitcoin prices are very volatile and rarely stable, for that, you have to be really careful in doing so.
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.
If you want to sell coins at high price, there comes your being a wise investor goes. Of course, you must consider the current exchange rate. You should not just sell but check their prices in the market. There comes high selling. An investor should speculate. As price is high, it is selling time. As it undergoes deflation or lowering of prices, it is time to hold your tokens and it tells you to buy some tokens, then sell them again as their prices go high. There is always right time for every transaction.
Learning to hold is an art and a meme. It can be a lot more difficult than people make it sound but it's generally a good thing to do. Pick a good project and check back in a few months
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
The kay is about to become patience dude. you don't need to convert your amount to the bitcoin and the only thing you must do if you have sold your token at peak and then be patience by put lower order and remember it needs some analyzation. I've sold CRPT when it was reached its peak and then i buy again when the price gets rekt and i have doubled my amount. If the problem is about when? and you should learn more how to read the pattern. 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
I'm agreed, it is the best way to earn some fast profit from your coin, sold your token at the peak and then buy it later when price goes down. Simple and typical.
Selling high is the correct way in trading but the most difficult part is to know when is the high point to sell. For me, I will set a price and hold on to the coin when it reaches the price.
For taking profit, it depends on you. You can take profit in BTC or USDT.
For taking profit, it depends on you. You can take profit in BTC or USDT.
This is a very tricky question and its a kind of gamble, i mean you never know if the peak or high has been reached and you never know how deep the dip will be, so to be honest it is just luck, if you hit the right points once you are just lucky and next time you may miss out.
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
Yes, sell very high
HOW?? BY having close monitors of tokens, and when it pumps you sell.
Yes, convert tokens back to BTC FOR PROFIT, THEN YOU SELL BTC FOR FIAT
Very and quite easy.
It will take some years of experience for you to understand the pattern.. IT Is very similar to stock market sell high and buy low pattern
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