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I have been buying and selling things all my life. I was a power seller on eBay and i sold on amazon and other market places. I sold locally on Craiglist and more. The basis of these types of businesses are buying low and selling high rite? I have been buying and selling crypto currency and i can tell you its nothing like selling products. The concept of selling at a higher price is the same but the price changes rapidly. How do i stay ahead of the curve to avoid losing money? I use a few methods to accomplish this, today i will explain 2.
The first thing i do is i make sure i watch the market and look for patterns. This is important because this will help you tell where the market will go in the future. You can tell if the market you are watching is on the down trend or an uptrend. if its been going up you may want to wait and see how it plays out rather than buy in and take the chance of a fall. If its going down you wan to wait until you see a change in momentum before you invest.
What happens if you invest to early on a drop or if you purchase high and the price drops? Crypto currency has been here awhile now and none of these companies i buy and sell are fly by night companies. So if a currency takes a fall my advice is to sit tight and hold the money rather than cash out and lose it. With the way the markets are the chances of the price coming back up are very high. if you do this i promise you will almost never take a loss.
As always thank you for reading please don't forget to follow me.
https://listingdock.com/user/jkeyz2
https://www.seoclerks.com/user/jkeyz2
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I'm not sure if the waiting part is really advisable specially with bitcoin or other volatile assets. I think the most important part is to know when to enter the market and how to enter it in order to profit either short term or long term. I have been following your advice is, and I think you should start posting signals or even create a scalping terminal like that one here https://bittrade.one/ that might give you even more followers. I really appreciate all the knowledge you share though.Let's see what the future holds for bitcoin for now.
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Lynne
I totally get what you are saying, it is really important to know when to buy and when to sell. I am busy trying to figure that all out and all your posts and information has come in handy with that! Jkeyz2 yes I've been following all your recommendations and information about cryptocurrency on SeoClerks. I am just waiting for my husband to get home to discuss with him and tell him everything I have learned in the last few weeks. He has traded before on eToro so I want him to trade Cryptocurrency for my using my eToro account. I totally get what you are saying, it is really important to know when to buy and when to sell. I am busy trying to figure that all out and all your posts and information has come in handy with that!
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