[Official] Crypto Currency Chit Chat Group - Part 6

Angtehkor

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I think if you are not too greedy you can make some money during a dip. Buy as many different coins products during dip and set at least 5% profit. Let say you invest $1000 in a coins when it up at least $1050 you sell it for $50 profits. If you sell 20 different coins products at at least $1050 in a day you will have at least $1000 profit per day.
 

snowblaze

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Bitcoin dips further! Buying now!
usually I buy, it would dip even more. Hint hint liao
 

Warocks

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Guys noob question here

once you see profit from your coin price surge

you sell away to usdc ? Stable coin? My friend ask me to convert to Bitcoin but it is wrong leh, btc keep changing price

then next time you use the stable coin to buy back the coin and repeat ?
 

fortunecat

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I think if you are not too greedy you can make some money during a dip. Buy as many different coins products during dip and set at least 5% profit. Let say you invest $1000 in a coins when it up at least $1050 you sell it for $50 profits. If you sell 20 different coins products at at least $1050 in a day you will have at least $1000 profit per day.
That is unless you really bought on the low of the dip,if not need to wait quite a while. Also recently very few broad market big rise, usually only part of the market rise significantly while the rest were stagnant, so not easy for all your 20 coins to rise 5% in a day.
 

Angtehkor

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That is unless you really bought on the low of the dip,if not need to wait quite a while. Also recently very few broad market big rise, usually only part of the market rise significantly while the rest were stagnant, so not easy for all your 20 coins to rise 5% in a day.
I mean sell those coins that rise at least 5%. Those coins that is below 100% just hold it and once it hit 105% from $1000 become $1050 sell it.
 

zgmfx09a

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Can help answer my question above :(
Up to you what....... You have to convert your profits into a currency. Can be stable coin, can be BTC, can be ETH. Your friend's logic is probably that BTC is the safest crypto up there with a good chance of appreciating in value, so he decided to park there lor. See ur risk appetite what.

For me I will most likely convert to ETH in my Binance.sg account, and XMR in my Binance.com account.
 

Warocks

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Up to you what....... You have to convert your profits into a currency. Can be stable coin, can be BTC, can be ETH. Your friend's logic is probably that BTC is the safest crypto up there with a good chance of appreciating in value, so he decided to park there lor. See ur risk appetite what.

For me I will most likely convert to ETH in my Binance.sg account, and XMR in my Binance.com account.
How btc increasing in value ? I see always if btc drop other coins also drop

so change to stable coin is the best ?

Why convert to ETH, it’s profitable ?
 

zgmfx09a

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How btc increasing in value ? I see always if btc drop other coins also drop

so change to stable coin is the best ?

Why convert to ETH, it’s profitable ?
I see more room to grow than BTC.

You see the whole history of BTC. See if it only goes up without correction. No right? But if you not confident, then just convert to Fiat loh.
 

Warocks

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I see more room to grow than BTC.

You see the whole history of BTC. See if it only goes up without correction. No right? But if you not confident, then just convert to Fiat loh.
Fiat you mean stable coin (usdc) ?
 
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