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Can we get profit from buying and selling coin to other exchnage .

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It is possible if you buy a coin with a lower amount then hold this and exchange it when the price is already high by this you may earn profit but really needs a patience to wait.

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I think selling crypto currencies from one exchange to another actually makes a loss. Because every time you exchange your crypto currency, it will get a fee deduction.

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I am new here so don't know much about the selling or buying coin but i knew what there is  profit meter if you go into the Forex exchange. This crypto works kinda same like the same. Lets see how much i learn from here..... 

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Yes, you can profit through currency difference and unifies a special knowledge of matters of analysis and trading, and this field earns you a lot of money

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Well yes of course because it is an exchange platform but of course you should pick first the best exchange platform or has the higher rating and services for you to trade efficiently.

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Yes, there is even an arbitrage of this. Arbitrage is to try to make profit by trading on two exchanges with a price difference. So there were times when I made a profit. 

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On 2/9/2020 at 6:43 PM, Unknown user said:

Can we get profit from buying and selling coins from one exchnage to another .for example buying coin to one exchnage and sell them to another is this profitable?

I think it is possible, as long as you can transfer your coin from an exchange to another. I mean if you can withdraw your coin to a separate wallet, it is possible. I already do that. I buy BTC at yobit site, then place it to my separate wallet. Then from that wallet, I transfer it to Binance and I trade my coin there.

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Hello my friend. I think you won't get much profit if you do this. Better you but crypto currency at a low price and then hold them for a certain time and then sell them this can get you larger profits. 

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On 2/10/2020 at 10:54 AM, theghostm1 said:

I think this kind of trading exists in itself. And yes, it is possible to make profits, but by seizing the opportunities with the big price differences. By loophole with a certain platform or something. As for the differences in the normal case, they are not large and thus the profits will go to a commission for transportation and trading.

Thanks for your comment it help me some how bro . Good luck

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One exchange to another exchange buy and sell profitable but the coin difference high then you earn good profit, like you buy 50$ litecoin in yobit exchange and colinbase litecoin prices 60$ then you sell your litecoin in coinbase and earn 10$ profit, but you need pay transaction fees also so I think is profitabie when the prices differences is high.


 

   

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Yes we can and this is called trading and most people are doing so , they are trading and so we have to really keep everything well structured and develop a sence of principle to work with it, so we have to prove the good ideas we have is going to work properly for us, the greater effort of the same

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Well for me I don't think you can actually make profit from buying and selling coins to other exchange , because when making any transaction there is a fee applied to it so if you buy and sell , you will be faced with fees and you can't make profit from it.


 

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On 2/10/2020 at 1:57 AM, Krysta said:

I think that it is possible that you can earn by doing that as long as the coin is a hit on the other exchange. But I usually do that if im losing on the other exchange 

Well, you need some a lot of patience from it by waiting for a good value to get some extra profit from it because you are doing some trading and also holding from this, i hope you may understand.

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Of course, this is a very normal trading, it's right and you can buy and sell freely, as long as you like and trust yourself for good profits.

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 of course you can get profit from buying coins for going for exchange also just you have to be patient and take some knowledge about the marketing that will help you to know about the trading system and their terms and conditions that you should know while training one more thing I want to mention here if you are new then take suggestion from your friends or family who know about marketing that will be more better

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Buying and selling coins in order to generate a profit is a concept which is commonly known as trading. This can be extremely profitable, however it is also quite risky and if you are not experienced you could lose all of your crypto relatively fast. In order to be good at trading and to get a good profit/income, it is recommended that you take the time to become experienced in trading.


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If you buy in one exchange and sell in other exchange you not get any profit for this even you face loss.Buy good coin and hold for some days then maybe you get some profit.

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Yes you can. And this buying and selling called day trading in term. But its not a child's play to do. You have to wait all day to get lowest price and when you get profitable selling value, sale them.

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Yes, it is profitable and this idea depends on the person buying a type of currency when its price drops and waits until the price rises and sell

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On 2/9/2020 at 8:35 PM, SunilRaja said:

Yes you can make profit by buying and selling of coins , but you have to take a risk , for this task . Sometimes markets goes crash you might loose your money .

yes I agree prices may be different I'm different exchanges.you buy coin from one exchange at low price and then hole them for a time when prices go high in other exchanges. then you sell coin in other exchamges where prices are high. you will be getting profit.

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From a rough idea, that's kind of how trading is done, we buy a coin from an exchange, when it's cheap and sell when it goes above what we initially bought it. And that's how trading is termed profitable, when you can execute such, trading techniques and have maximum reward from it

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This is somewhat complicated and difficult, as it initially needs a large amount of currencies in your own portfolio in order to be able to buy and sell other currencies and needs reliable people in exchange companies, but I see that the decision in this work is up to you personally


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Hello my dear friend, actually in the current scenario it is one of the most profitable business . At the same time you need to be very careful during trading.you need to research about the increasing and decreasing price of the currency and keeping that in mind you can actively participate in trading. Thank you and be careful don't fall for the scams in the cryptocurrency market.

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No you can't firat you may not find the coin in other exchange also the prixe is the same and in alot of time they will close withdraw if the price not fit with other exchange thatuch this is my point of view as what i noticed before in Yobit.

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