Post
Topic
Board Trading Discussion
Re: How do you manage your profits in trading?
by
Stolivie
on 06/10/2018, 10:59:11 UTC
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
What you just said here is quite confusing – when we sell high, are we supposed to buy so that our profit don’t depreciate. What does that even mean? The rules are simple, just buy at a low price and sell when the price is high so that you will make profit. Then you also wait for it to drop down again and when it does, you also repeat the same strategy to make profit when next the price rises.