Post
Topic
Board Altcoin Discussion
Re: Sell high, i get it but how?
by
bstewart
on 29/04/2018, 19:31:39 UTC
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

There's literally no way to know where the top or bottom are, unless you are a massive whale manipulating the market.

With that being said, you can still make wise decisions like not chasing/fomoing, and buy-in when coins are cheap and haven't gone 5000x