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
What they mean is to convert it into dollars or regular currrency or to simply sell it not to convert it to other cryptos. But in such way, the chance of earning bigger if the market will continue increasing at that moment will be also lost. So the selling period should be based on the investor's satisfaction.