Base quote trading

Beginner Questions
1

Hello
I am very new please explain the following.

if the base currency goes up should i buy or sell?
if the base currency goes down should i buy or sell
if the quote currency goes up should i buy or sell
if the quote goes down should i buy or sell

This may seem obvious but please explain

thanks
jase

2

Actually, you want to buy the pair BEFORE the base currency rises [B]in relation to[/B] the quote currency. If you buy the pair after the rise has taken place, then you have missed the move.

What does it mean that the base currency rises [B]in relation to[/B] the quote currency? It means that

• the base currency rises, while the quote currency remains unchanged or declines, or

• if both currencies rise, the base currency rises [B]faster[/B] than the quote currency

Conversely, you want to sell the pair BEFORE the base currency declines [B]in relation to[/B] the quote currency.

When you understand all of the above, you will be able to answer your remaining questions.

3

thanks alot for your reply