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
Profit is not always about the amount of FIAT that increases , so what kind of profit do you want?
-, Take your profit to BTC if you trade to increase your Bitcoin amount,
-, Take your profit to FIAT if you want profit in FIAT
But there are several factors that make traders prefer trading in Bitcoin pair Altcoins
-, Exchange services do not provide altcoins exchange for their traditional currency
-, Altcoins option on FIAT pair Altcoins is less if compared with Bitcoin pair Altcoins market
-, Trading volume