Bitcoin Forum

Hi.
i am mostly miner..but would like to have some trade skills.
We all know that buy on low and sell high.
But what it all go down? so sell for what coin?
Buy is easy..just buy with usd or btc any coin.but how to sell?
If i use stop limit, and btc is instable?
how do you trade?

The only strategy is buy low and sell high. No other else, all people aiming for that. After you buy and price goes down, it's the risk in trading. You can always set up your own stop loss or if you are greedy enough you will set on high crazy price.
If you are to scared to lose in trading, don't trade.

The common method actually in trading is buy low and sell high.. but i can give you some ways to start but you should start first in small amount just to learn what actually my method works..
Just invest in altcoin choose a top 20 altcoin just hold 3 or more depends if you can manage lots of altcoin, use coinmarketcap https://coinmarketcap.com/ to find the top 20 rankings .
Make 3 tier every 1 altcoin as sample. 10%, 15% and 25%. margin before you sell your bitcoin or altcoin..
Sample i have 1 bitcoin with the price of $2500 the tier 1 is 10% margin if the price was increase 10% or $2750 sell partial your bitcoin and the other partial sell them in 15% margin or $2875 so you are gaining more profit and if the price will increase more than 25% or $3125 sell the rest of your bitcoin..
Just do it every coin.. if the price is not increase instead the price is down just buy more coin. and start for small amount of the price to  try my own method and set up margin..

There are few things you have to keep in mind when trading crypto :
1. Don't buy during huge pump at peak price
2. Don't sell when there is some panic or hype in market
3. Don't sell any coin if you are in loss
4. Always hold multiple coins rather than just few alts
5. Always hold some bitcoin so that you can buy some cheap alts during bloodbath

strategie is clear,buy low rate & sell when rate increased.
if rate is down then keep hold your coin & waiting for.pump,that's it.

this is the basic of trading strategies but i am sure that if we want to get more profit, then we should learn many things like how to make a good analysis and determine the buy price and sell price. there are many strategies that we can learn and if we can mastered one or two strategies, then i think its enough for us to make profit for daily.

Yes, the only strategy when trading is that, buy low then sell high in that reason you will earn but beware because there are times that
our stocks will not be sold while the price is getting lower, in this case try to be patient and wait for the time for the price to get high that is why
when involve in trading just trade the amount we feel its okey to loose so we will not get hurt when we fail. If you want try to read different strategies
in trading maybe you can be a good trader. 

just feel free to check here

there are a lot of technical analysis techniques that you can easily find online and study them to use on charts specially on bigger markets such as bitcoin and litecoin to speculate about the prices.
but one important factor that you should always keep in mind is the news. it can affect the price greatly.
also in altcoins, i personally like watching out for volume increase as the pumpers begin to accumulate and start their pumps. it sometimes is a very short period of time in small altcoins and a more prolonged period in bigger ones.

The buy high, sell higher strategy of your is risky since what if you buy it high but that high is the peak price then you will surely lose. And well commonly, it's like buy low, sell high since you buy it when you believe that the price would go higher compared to the time you purchase it. But anyway, I like how you interpret buy low, sell high.

And the strategy I quoted below is also a good one to secure your profits and stay on the safe side.

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But isn't trading a way to earn more bitcoins? Then if the price of Bitcoin would surge up in terms of BTC/USD exchange then you have a lot of Bitcoin which also you have more USD or any fiat. It doesn't mean that if you trade you will lose the opportunity in Bitcoin's price surge.

Scalping works well on ALTcoin market.

You can also try to join s pump groups but be careful beacuse its not a 100% win. You might end up losing if the leaders are greedy and only think about themselves.

Buy and Hold stable altcoins if you have spare money to field for long term.

When you will be closely watching one particular trading pairs, you will be getting some idea when they are making some patterns and what will be happening right after those patterns. Trading is mostly depending on guesswork, you need to be creative to find out some symptoms where market will be making a turn. When you will be finding similar things then you can go for trading to make use of them.

To figure out few patterns and to find out where the market is making a turn, you can use few indicators and tools. This is a way you can develop a trading strategy.

Some use trading bots that automatically can set prices and earn profits. There are only few professional and experienced traders who know the market so well that they can predict whether any altcoin or the bitcoin price would rise or fall. The same trade in forex too and earn huge profits. For us, buying low and selling high only works but we can never really get a hold of the price target or how good a coin can be in the near future. Sometimes a huge dump can ruin everything. Selling with ETH is better as ETH price is itself volatile and can be worth more compared to BTC. The withdrawal fee also is cheap.

I only sell when the price makes a big increase in a short period of time. There will usually be a correction after a big increase. Then I buy in the correction. This seems to work most of the time but sometimes I sell when the price goes up and then the price keeps going up and I lose all that gain. So it's really hard to time the price correctly with all the volatility right now.

The best answer just be a patience person, And why? because you will able to wait until the coin gets a huge pump and you will get the decent profit. Remember you will be able to buy in the big dip in this time.
I mean if the dip gets recover again and that gives you approx up to 10% in every trade. But I never use the stop limit because we don't know how the future will begin. But it looks good to make a second decision to avoid the big loss for your amount.

Talking about trading ,, of course what we expect is to buy at a cheap price and sell at an expensive price
But it does not seem that easy

The most important thing we should note is the enrollment of coins in coinmarketcap, see the amount of supply, the community also have a big impact in this regard

If the above has been noticed, go to the purchasing strategy

The basic strategy I always use is 2 or 3 stages of purchase order, this I do to prevent significant price reductions .. However with the note: first order 30%, second, 70% third 100%

That's how I trade ,, hope it helps

Well, first things first bro. You need to open an account in a cryptocurrency trading platform. There are a number of them. Bittrex, etc. I mention bittrex because I do my trading there. Poloniex is doing some shit lately. I used to do some trading there also. It is on these trading platforms where you can deposit your btc from your other wallets. In the trading platform you can now use your btc to exchange with other altcoins. Start from there.

More than buy low sell high, read some reliable altcoin speculation and track their price fluctuation.

My strategy in trading is buy low and sell high. There is no need to analyze the chart since it's supply and demand based thus market is unpredictable. For some reason, I use news for trading so I can ascertain when to buy/sell.

When you can buy cryptocurrency at a low price and then sell it at a high price then you have successfully done trading. There is no special strategy in trading, for me the most important thing is we can get profit. Because doing a good analysis but only bring a little money then it will not mean.

If there is no special strategy in trading then definitely you will never able to buy at lower prices as well you will never able to sell at high prices. Only through strategy you will come to know when will the high and low prices do happen.

You mean that you are good at making technical analysis still you are making very little money ?
I believe there are some flaws in your analysis methodology. You must work on this to find out where you are lagging otherwise you will never get chances to make utilising all the power of your strategy.

I don't think so. You don't need strategy for you to be able to buy low and sell high since it's more on instinct and effortless since you just need to wait so you can buy low and sell high. However, applying strategy would give you a better trades aside from buying low and selling high.

Does anyone here have experience using STOP-LIMITS? For example the price of a coin is at 0.01 BTC each, if I place orders to buy some at 0.009, buy even more at 0.008, and sell at 0.012, and sell all at 0.015, is this a good way to earn profits?

This depends on the volatility also, so I'm not sure if this would work all the time. If you want to profit all you have to do is buy at a relatively lower price and always sell it higher. However the price may never increase again, which happened to a few coins I bought too, so it's really hard to have a 'sure-win' strategy.

-Diversify your portfolio and minimize risk for volatility
-Do NOT try to trdade in for every liitle movement in price you will be burned by commisions and leakege.
-Buy when the prices are dropping
-Use indicators provided by the charts in the exchange sites (MACD, RSI, VOLUME etc.)
-Watch out for trend lines, new lows and new highs
-Do not forget you can not know for sure whaty is going to happen it is still very risky!

Strategies were just for understanding purpose. That's not gonna provide you with profit or loss. The buying a d selling orders that you make studying the entire market is the one to profit. As stated always you cannot buy low and sell high. For this to take place you need to have patience to buy when price decreases. Experiment yourself to know about trading, without that depending on others doesn't benefit.

That's absolutely true. Befor making a step in trading, analyzation is must so you can get the resul what you are looking fot though it's not precise since market is unpredictable. Trading without guidr but to guest is just gambling which can cause higher probability of losing than winning.

How you can be sure the low or high price are occurring and we can make use of them ? Strategies are here to give us double confirmations. Continuously watching may give you some clear idea but cannot be accurate all the times, when you are entering a position by assuming as a low price then after you made the position also, prices may fall further to make you hit stop-loss.

I do not mean this will not happen when we will be using strategies, still the possibilities may shrink to less than 25% compared to going without strategies.

It's easy, but it's very difficult. We do not know when the price will go down and will go up. If you succeed please give me the formula or mark. ;D

Maybe i often do the same thing to buy altcoin at a cheap price and then hold it, and if i see potential increase i started with a high price, certainly hope to get benefits of trading like this, although i am still a beginner but still get profit from results of Trading i do. Although sometimes takes time to achieve its profit target.

You want to become a pro trader then don't wait for much profit. When you get a chance to make 20 to 30% profit, you can sell the coins and make money. But waiting for long time to make a profit we can not call it trading it is an investment. Now the altcoin trading in booming people is making huge money in this trading. You are a newbie, but you said you are in profit good keep working hard and improve your trade knowledge.

Nice set, these are no doubt some common practices for a healthy and successful trade.
But I have a query why is it not considered good to sell while there is a panic in the market ? I know many of the coins whose prices never recovered and are dump from more than a year.

When you realize that there is panic in the market then it is good to sell your holdings of the Alts because some of the time the once popular becomes dump and they remain dump and disappear.

Did you create this thread to ask this question?

Just kidding

Send me a PM that will give you the link to learn how to trade

Hi,

I need to learn how to make money and please send me the link if it possible !!!!

There is always a free information where you can find how to trade effectively, it will make you successful but not
an overnight success. I usually do have a lot of sources to improve my trading skills and I joined in different trading groups
to get information.

Reading the price charts and graphs well. Using fibonacci lines and indicators. Following one coin's price history well and analysing it to obtain a meaningful data. Not entering low volume coins and trying to find volume rick coins.