Hello everyone,
thanks for any help in advance.
I am considering investing in some currencies and assets that I have been watching rise and fall recently, even some that are a little bit less common and are only in certain exchanges.
I want to start by getting some bitcoin purchased and then be able to invest in the other currency right when I think the charts look like they are at a low, and then sell or exchange when it is at a higher rate of BTC than it was when I bought.
My problem is I have no idea how to do any of that yet.
Is it possible to buy and sell coins, quickly and within those windows of time when you think its at a low or a high?
Or is it possible to convert between BTC and the other currency or asset within that timeframe on the exchange site or something like that?
Also, what is the best method of buying BTC and then storing it?
What is the benefit of taking the money into a wallet, does it cost money to add/remove it from the exchange?
First off, read more about bitcoin, more you know, your investment is more secure and you actually know what you are doing.thanks for any help in advance.
I am considering investing in some currencies and assets that I have been watching rise and fall recently, even some that are a little bit less common and are only in certain exchanges.
I want to start by getting some bitcoin purchased and then be able to invest in the other currency right when I think the charts look like they are at a low, and then sell or exchange when it is at a higher rate of BTC than it was when I bought.
My problem is I have no idea how to do any of that yet.
Is it possible to buy and sell coins, quickly and within those windows of time when you think its at a low or a high?
Or is it possible to convert between BTC and the other currency or asset within that timeframe on the exchange site or something like that?
Also, what is the best method of buying BTC and then storing it?
What is the benefit of taking the money into a wallet, does it cost money to add/remove it from the exchange?
Its possile to buy whenever you want (low/high) but you need good exchange for that, coinbase for example keeps crashing under load (price movement u want to take advantage from).