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
When your alts rise sell them directly for FIAT if you your exchange allows it or sell them for BTC and instantly sell BTC for FIAT afterwards.
Other people sell alts for USDT (Tether) but i would avoid that since its almost certain its a scam coin.
After the market dips use again your FIAT to buy alts at the new lower prices.