Securing my Bitcoincash profit tru Buying and Selling
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)***. https://read.cash/@Eybyoung/how-to-buy-sell-spot-trading-32fa555a 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 π. 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 https://read.cash/search?q=%23CLUB1BCH 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. WeπBCH Read this to Start! **Club1BCH - The Genesis** https://read.cash/@PVMihalache/club1bch-the-genesis-dbb27252 **Club 1BCH π±** https://read.cash/@Eybyoung/club-1bch-df96508b **What Is #Club1BCH?** https://read.cash/@bmjc98/what-is-club1bch-914bdccd **Club1BCH is Up!** https://read.cash/@Eybyoung/club1bch-is-up-fbf69cde May 6, 2021 --
61 comments
Laki na cguro BCH mo noh? π
$1800 na din hahaha sau ata 20k na π€©π€©
Hndi pa naman... Lalaki pa yan before May 15,../hold lng
Yesu yesu, hodl nalang ako di na ako mag sesell hihi πππ€©
It will go down. Gotta wait for a while
Yeah, and I'll wait for it π
Opsπππ1600
Yeah, another ath this year π€©
Ako lang yata hindi nagbabuy and sell kasi wala naman akong ibabuy and sell. XD π€¦ββοΈπ€£
Haha, ehhh sabagay di mo naman na need un. Paubaya mo nalang samin, gaya ng pag papaubaya mo sa kanya sa iba π. Chorrrrs ahahaha.
This is something that worth considering. I will learn more about it as I am very new to any kind of trading.
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.
Great information for newbies like me. β€οΈπ
Thank You π
Very informative. I think I gotta try this too...let me learn how to do it for now
Fighting, you can do it ππͺ
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.
Jahaha, buti diko pa na encounter yan hahaha. Do dika naka tubo ahahaha.
Di nga kaasar minsan phone sarap balibag
Haha, palitan mo ng bago if ibabalibag mo haha.
Tapos ang masama mawala yung seed phrase ko hahahha
Ehhh, di mo sinulat? Sabi na kasi ee dapat isusulat.
Need ko ata basahin ng pa ulit2 para magets ko tlga hahaha. Ang hina ng utak ko ngayon, pero gusto ko to itry. π
Hihi, go na go na. Madali laang naman ay. If kulang pa, mwron si madam Jane ng about dito saka si Eybyoung π€©
Ay sige sige check ko hihi
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
Oo nga, sakit na ni bitcoin.com yan. Pero wag daw muna mag sesell, kasi tataas pa yan lalo na may upgrade na magaganap.
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
Ehhh, mayroon na silang article about ditu madam. Try mo basahin π€©π€©
Yun oh, future pro trader na to π₯³
Nanii, spot nga lang ee. Ikaw jan, dami na nikita naols senseii haha
Talo nga ako ngayong araw e kaya katamad mag online π
Ehhhh, ay sya trade pa. Mapunpunta kwarta mo lahat jan.
You seemed to have a great knowledge in trading. Kudos!
Oi are you a Pilipino?
I've been using the same technique recently since i started using binance and all π π
Ehhh, ayos yarn. Para lumaki ang BCH natin π€©
Glad that spot trading is not that hard
Yeah, you should try it too.
Nakakaasar lang pag napaaga yung sell hahaha
Kaya nga, kahapon mandin π€¦, nabwisit ako sa self ko, weak hands nga haha.
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.π
Ehhhh, ng dali na nga mg paliwanang ko ahahahahaha.
Galing naman. Try ko nga rin yan..hehhehe May minimum di ba? Mmm di ba yan risk?
Di man yan basta bago ka mag order alam mo ang ginagawa mo haha.
Ganun...ahhaha Di ka pa ba natalo sa ganyan?
Gawain ko rin yan sis. Nagsell din ako eh π π 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 π though intay muna ko πππ
Yan tamang tama yan sis. If gusto natin palakihin mainan ng gawin itu. Ako naman kaya kony mag antay π€©
Minsan atat kasi ako eh sa sobrang galak π π π 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 π
Oo nga ganyan dapat gawain natin galing mo nmn na π
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