How high do you sell?
Buy low, sell high, but how high? I bought 5 cryptocurrencies via the website http://Bittrex.com. I wrote about that yesterday. I placed selling bids (actually, it is an ASK or asking price) or orders for selling some of those coins when they start to go high. I am selling my coins for ten or more times the buying price. I bought a ten thousand Bit Beans. I place an order to sell about 90% of those coins. I am doing that with my other coins too. After placing the order, when the asking price and the bidding price collides, then my orders will begin to transact, to happen, automatically. I have the option to cancel my orders on their Bittrex website too. I do not know if there are cancellation fees or not. I am still learning and I am new to this. Some of my money is in this website, Steemit, and I will continue to collect Steem Power (SP) like a bond, like a smart contract, long-term. I have money in that other coin exchange website, Bittrex, like I said. I have money in my backpack. I don't have an active bank account any longer. Before, I was with Bank of America but then left and went with the U.S. Bank. Now, no bank. I do have money in a Electrum Bitcoin wallet on my computer. In other words, I have money divided and in a few different places.
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On Bittrex, I see 3 exchange markets, the BTC Bitcoin market, the ETH Ethereum market, and a third like USDT market. What is USDT? Is it the same as the USD centralized Federal Reserve regulated non-American American so-called dollar which is probably not really backed up or backed by gold and stuff as it once was decades or more ago.
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Can you buy BTC from the ETH market?
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I saw ETH in the BTC market but did not see BTC in the ETH market.
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Which websites do you use to trade / buy / sell / exchange and why?
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What other ways can people buy and sell and everything?
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What other advice can you give me and people?
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What happened to Poloniex and can I get my money back from them? Did they steal it?
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I am still learning and will continue to share my experience each day or week.
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Here is some information and photos of what I am selling.
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I haven't ventured onto Bittrex yet but signed up for an account; I like the platform but how hard/easy was it to purchase coin? Also can you use USD to buy coin or does it require me to transfer in some BTC or ETH etc .. .? Thanks and good luck to you on everything in this space. I am personally new to the game (Since Jan) and am mostly seeking to collect and .... Hold! :D
by the way --- sorry about Poloniex; I also hear the exchanges are a risky place to leave money; but sucks when it's missing while on route; #GateHub did something similar to me and I've got about $30usd floating around, that should be in $XRP right now; but never landed in my wallet (long story; won't get into that right now) - not a fun experience at all - even if it's just $30