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    Thread: if i bought a bitcoin NOW. and sold it immediately after, would i make a profit?

    1. #7 Collapse post
      Mr. Cid is offline
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      Quote Originally Posted by Trader_Rob View Post
      Unless there has been a sudden surge in the price right the moment you sold you coin, then it would be impossible to profit. Selling the coin should not be done right after you buy the coin. You must give time for the price to rise and then that is when you should sell your coins.
      Correct. A sudden surge in the price hardly happens. So, it is better to hold his coin a little further to ensure profits.

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