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orikama
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What should be considered when buying and selling cryptocurrency?

Fri Aug 13, 2021 9:18 pm

What should be considered when buying and selling cryptocurrency?

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gromik
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Re: What should be considered when buying and selling cryptocurrency?

Sat Aug 14, 2021 1:11 pm

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Re: What should be considered when buying and selling cryptocurrency?

Sat Sep 18, 2021 8:42 pm

It is essential to check the forecasts, choose a good wallet and a good exchange.

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Re: What should be considered when buying and selling cryptocurrency?

Fri Oct 08, 2021 9:05 am

There are quite a few things to consider. The best way to go about it is to do technical analysis and decide when you buy or sell based on that and a strategy you want to follow. Also it's useful to learn about the market and trading/investing in general.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

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Baloo
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Re: What should be considered when buying and selling cryptocurrency?

Sun Oct 24, 2021 4:54 pm

The commission should be taken into account! If you forget about it, you may receive a different amount than the one we were talking about. But on large sums it doesn't matter. It is especially important to consider the commission if your wallet charges an additional fee.

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Re: What should be considered when buying and selling cryptocurrency?

Thu Oct 28, 2021 11:46 am

I agree with Baloo, commissions are important. Commisions can vary wildly depending on the apps you use, and you should consider withdrawal and deposit fees, trading fees and fees involving transferring to and from your wallet.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

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Re: What should be considered when buying and selling cryptocurrency?

Wed Jun 29, 2022 2:53 pm

Hi! A very relevant topic. It seems to us that one needs to choose the right trading strategy. At the same time, when trading, it is important to consider:
- the volume of cryptocurrencies in circulation,
- the dynamics of changes in this volume to the limits of the total issue volume,
- the volume of transactions made on a particular exchange and "neighboring" ones.
One has to research the market carefully, study the evolution of the price of a particular cryptocurrency, using technical analysis to choose the ideal time to buy or sell it.
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