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Securing my Bitcoincash profit tru Buying and Selling

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Avatar for Ruffa
Written by Β Β 754
1 month ago

Bitcoincash is pumping again and has set another record of All Time High which is $1477 this year. According to coinmarketcap.com the highest ATH that Bitcoincash reached was at $4,355.62, year 2017, December 20 or just 3 years ago. It would be awesome if that also happen this year. A lot of Bitcoincash hodler will surely celebrate because of this.

Anyway, are you one of us who take advantage with the pumps of coins? Because I am, and I am selling my profit by doing the buy and sell method or in Binance is in Spot Trading. I only learn about this from madam @Jane and to @Eybyoung. They explain to me the greatness of doing the buy and sell method once it pumps. And now, I am also doing it to accumulate more Bitcoincash.

Some are actually wondering why we are doing it, what's the use when the price goes down the money I have on my wallet will also go back into it's original price. This is also my sentiments before, I rarely use the Swap feature of Bitcoin.com wallet because of that sentiments. But Eybyoung explain it to us by creating her article about: How to Buy & Sell (Spot Trading).

I didn't listen into here in her previous explanation to me because I am so stubborn and I didn't really analyse it. Even when I'm doing a spot trading in Binance before I still don't have any idea of what I'm doing that's why instead of gaining profit I actually lose some of it because I only look at the value of BCH and not really on Bitcoincash. This is for a newbies who's still afraid to try it.

Don't look at the value of Bitcoincash, but look at your Bitcoincash. If for example you have 1.18577 BCH in your wallet and then because you gain profit on it because of the sudden pump of Bitcoincash, you decided to sell that 0.18577 BCH to secure your profit at $1087 and with that price you will get $201.93 profit. Don't think that when the price dumps the value of your money will just go back to it's original price.

Yes, it will go back to it's original Value. But that's how Cryptocurrency works. It's volatile and it may pump now but it will also dump. And if it pumps then that's cool and we can also take advantage on that sudden bumps. Because if you sold your gain profit and gained $201.93, you can now use that to buy your BCH back. And because you sell it at a high price, then what's gonna happen if you buy at a lower price? You will gain a profit here if you just wait for the dip, yes.

What if I decided to sell it at $960? Then from 0.18577BCH it will be 0.21034 BCH. And I gain a total of 0.02457 BCH. Let's not look at the value okay? Look at the price of Bitcoincash in BCH and see the difference, not in dellers but in BCH okie? Now that I learn the use of selling profit, it is just easy to understand so why I disn't gey this before? Lol.

You might say that it's imposible for Bitcoincash to dump now so my buy order won't be hit immediately, it may take some time before it happens and your BCH will jusy sleep on your wallet. But you can adjust it to a bit higher price as long as you can still gain profit from it. You can set it to maybe $1000 and you just have to wait for it to be executed. If ever you set it to $1000 you can still get 0.01558 BCH. This is really huge now if ever Bitcoincash hit another ATH.

See, your original Bitcoincash is only 1.18577 BCH, but because you sell your profit, your 1.18577 BCH becomes 1.21034 BCH if ever your buy order at $1000 was hit. Amazing right? That's why Binance has this features, so that we take advantage of the volatility of Coins. It's more easy because we can just set a limit for it, and you just have to wait for it.

So I sell my profit yesterday at a low price but it's okay. And then I also set a buy order with a limit $850, lol. I will wait for this to happen though it's impossible now but I know how to wait so πŸ™ˆ. But if ever this buy order was filled, I can get a total of 0.06604 BCH here, easy gain lol. Let's get this.


#CLUB1BCH

Achieving a goal is hard if you don't have the will to achieve it. So, why not add this goal into you LIST? If you are in read.cash or noise.cash then doing it is not that hard. Save every tip of BCH that you will receive in read.cash and noise.cash them HOLD it. BE ONE OF US AND TOGETHER WE WILL ACHIEVE IT. WeπŸ’šBCH

Read this to Start!


May 6, 2021

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Avatar for Ruffa
Written by Β Β 754
1 month ago
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Comments

Gusto ko sanang itry din ibang trading apps pero wala naman akong id hahaha

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1 month ago

Pwd naman sa binance ang wala ah.

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1 month ago

D aq makasell sa bitcoin.com knina.. ewan q lng qng pwede na ngaung oras.. wag nman nya sanang bilisang magpump sa 4k pra makaearn tau ng mas mabilis pra pag nagpump e sayasaya na lhat

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1 month ago

Oo nga, sakit na ni bitcoin.com yan. Pero wag daw muna mag sesell, kasi tataas pa yan lalo na may upgrade na magaganap.

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1 month ago

It will go down. Gotta wait for a while

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1 month ago

Yeah, and I'll wait for it 😎

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1 month ago

Ops😐😐😐1600

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1 month ago

Yeah, another ath this year 🀩

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1 month ago

Ako lang yata hindi nagbabuy and sell kasi wala naman akong ibabuy and sell. XD πŸ€¦β€β™€οΈπŸ€£

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1 month ago

Haha, ehhh sabagay di mo naman na need un. Paubaya mo nalang samin, gaya ng pag papaubaya mo sa kanya sa iba πŸ˜’. Chorrrrs ahahaha.

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1 month ago

This is something that worth considering. I will learn more about it as I am very new to any kind of trading.

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1 month ago

That will be a roller coaster ride if ever you study this, haha. Just kidding as long as you're into it you'll get it easily.

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1 month ago

Great information for newbies like me. β€οΈπŸ‘Œ

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1 month ago

Thank You πŸ’š

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1 month ago

Very informative. I think I gotta try this too...let me learn how to do it for now

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1 month ago

Fighting, you can do it 😁πŸ’ͺ

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1 month ago

Hahahaha naalala ko po yung trade ko noon na BCH sinet limit ko tapos nagloko, tuloy nasell kaagad kaasar. Last few days po yon eh. For now, holding altcoins muna me especially ADA and BNB haha.

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1 month ago

Jahaha, buti diko pa na encounter yan hahaha. Do dika naka tubo ahahaha.

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1 month ago

Di nga kaasar minsan phone sarap balibag

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1 month ago

Haha, palitan mo ng bago if ibabalibag mo haha.

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1 month ago

Tapos ang masama mawala yung seed phrase ko hahahha

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1 month ago

Ehhh, di mo sinulat? Sabi na kasi ee dapat isusulat.

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1 month ago

Need ko ata basahin ng pa ulit2 para magets ko tlga hahaha. Ang hina ng utak ko ngayon, pero gusto ko to itry. 😁

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1 month ago

Hihi, go na go na. Madali laang naman ay. If kulang pa, mwron si madam Jane ng about dito saka si Eybyoung 🀩

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1 month ago

Ay sige sige check ko hihi

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1 month ago

This is what I needed to read madam. I think it's time to take advantage of my binance wallet na. Di kase ako marunong eh. Hiya pa ako magtanong sa gc. Hahaha

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1 month ago

Ehhh, mayroon na silang article about ditu madam. Try mo basahin 🀩🀩

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1 month ago

Oo nga ganyan dapat gawain natin galing mo nmn na 😁

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1 month ago

Yun oh, future pro trader na to πŸ₯³

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1 month ago

Nanii, spot nga lang ee. Ikaw jan, dami na nikita naols senseii haha

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1 month ago

Talo nga ako ngayong araw e kaya katamad mag online πŸ˜‚

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1 month ago

Ehhhh, ay sya trade pa. Mapunpunta kwarta mo lahat jan.

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1 month ago

You seemed to have a great knowledge in trading. Kudos!

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1 month ago

Oi are you a Pilipino?

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1 month ago

I've been using the same technique recently since i started using binance and all πŸ˜…πŸ˜…

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1 month ago

Ehhh, ayos yarn. Para lumaki ang BCH natin 🀩

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1 month ago

I'm back in 0.2 ;;w;; konti na lang mababawi na pinambili ko ng phone πŸ˜‚πŸ˜‚πŸ˜‚

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1 month ago

Yieeee, malapit na yan kunting push nalang πŸ’šπŸ€©

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1 month ago

i can reach 1bch in a year ;;w;;

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1 month ago

Glad that spot trading is not that hard

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1 month ago

Yeah, you should try it too.

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1 month ago

Nakakaasar lang pag napaaga yung sell hahaha

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1 month ago

Kaya nga, kahapon mandin 🀦, nabwisit ako sa self ko, weak hands nga haha.

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1 month ago

Ang gulo. Nakakalito. Kailangan ko ng hands -on tutor para maintindihan ang buy and sell na yan. Naiintriga na talaga ako. Mag iipon ako para sa ganyan.😁

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1 month ago

Ehhhh, ng dali na nga mg paliwanang ko ahahahahaha.

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1 month ago

Yun na nga eh. Paggagawin na hindi ko na maintindihan. Hahaahahaha

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1 month ago

Hahaha, ay sya aralin mo muna ng igi iyan haha

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1 month ago

Hahaha oo. Tapos pag magtatanong na lang ako sayo.

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1 month ago

Galing naman.

Try ko nga rin yan..hehhehe

May minimum di ba? Mmm di ba yan risk?

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1 month ago

Di man yan basta bago ka mag order alam mo ang ginagawa mo haha.

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1 month ago

Ganun...ahhaha

Di ka pa ba natalo sa ganyan?

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1 month ago

Nong una lang, kasi diko alam ginagawa ko ahahahaha. Basta aralin mo muna. Basahin mo ung kay Eyb na artixle.

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1 month ago

Gawain ko rin yan sis. Nagsell din ako eh πŸ˜…πŸ˜…binenta ko din yung profit kasi I believe na since di ako ngtrading , isang way yun para tumaas BCH ko .once bumaba yug price ibibili kko din yung profit na nakuha ko πŸ˜…though intay muna ko 😁😁😁

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1 month ago

Yan tamang tama yan sis. If gusto natin palakihin mainan ng gawin itu. Ako naman kaya kony mag antay 🀩

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1 month ago

Minsan atat kasi ako eh sa sobrang galak πŸ˜…πŸ˜…πŸ˜… keri lang ba magtransfer from coins.ph to binance sis? May account na kasi ko sa binance pero wala pang laman. Plano ko sana maglagay dun 😁

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1 month ago

Diko pa na try, bitcoin.com to binance ako ee. Try mo din or if my bitcoin.com ka jan mo muna sens.

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1 month ago

Sige sis. Thanks :)

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1 month ago

Laki na cguro BCH mo noh? 😁

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1 month ago

$1800 na din hahaha sau ata 20k na 🀩🀩

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1 month ago

Hndi pa naman... Lalaki pa yan before May 15,../hold lng

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1 month ago

Yesu yesu, hodl nalang ako di na ako mag sesell hihi πŸ’šπŸ’šπŸ€©

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1 month ago