So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Yes I think this is quite a common strategy used by many people in the cryptocurrency market. in this you invest in the market when the prices are the least and then liquidate the investments when the prices are highest. This is easy strategy but the toughest part is to predict that when the price would be least and when the price would be highest. This creates panic when after buying, the prices decreases further.