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
If you are trading to bitcoin, then what difference to you where bitcoin is located, with a coin pump you get more bitcoin, in any case, even if he is also pumped. If after that he is dumped, the amount of bitcoin does not change, his value changes, in dollars. You just need to wait for the next growth. Either if you will trade immediately in pair with the dollar, then you will not have a headache about the price of bitcoin. Or trade with bitcoin, at the top of wave, sell bitcoin for dollars, at the bottom redeem more bitcoin, at the next growth sell up the received bitcoin amount. I think you need a section for beginners, these are basic things.