Bitcoin Forum

What is your trading strategy right now?

my strategy especially now  only hold
all my wallet lost about 20-30 percents((( that s why -HODL

Usually  I buy and keep for 2-6 month. depends on coin

Holding can be very profitable starts, but sometimes we need to pay bill or something like that so selling coin cant be avoid. But for trading strat i just make it quick buy when dip and insta sell when i allready make some profit.

Mine is holding as it is the least stressful. I don't even think about my coins because I crossed them out. Found this the best way since whenever I am trading or looking at the price I tend to lose hours just looking at prices and double question myself.
But at the end of the day it depends on which coin you are holding, it's not all in "hodl" mentality.

I try to buy coins as cheaply as possible and then try to HODL them as long as possible to get the most profit. But I always buy coins only money, which I am willing to lose.
It would be very wrong of me to buy with risk capital my coins, because if I have to pay bills, I also want to be sure that I can pay my bills.
Of course you should stay calm at a price decline and HODL your coins. I NEVER do panic sale. A panic sale causes more harm than just HODLING coins.


That's the worst thing you can do. You should never buy coins with risk capital! You only buy with capital that you are ready to lose.

Why sell now? I have no need to do it for such a low price.
Better to hold, because we are still at the beginning and in the next 3-4 years Bitcoin price is expected to grow much more!

I will usually see the situation. I will not buy, sell or wait if I have not done the analysis. So I will do the consideration of what I will do. This is important because every decision we make will determine our future. Never make a decision if we are never ready to accept any risks that may happen.

My strategy right now is HOLD. i encountered many mistakes before because i sold it by 50% profit by more to that that coin pumps x5 and i was like  :-\ :-\ so this year i challenge myself to hold all of them.

Sodl = Sold just like Hodl = Hold, Hodl is now commonly used in the crypto world.
To answer the question, I would hold so far, sell now isn't the best moment as we're close to 10k and it was proved to be a strong support. I expect a price rise in upcoming months.

Just continue holding and avoid selling. Its market value at this moment is indeed falling but that's just normal. Bitcoin is volatile so its market value is expected to fall everytime. So holding still is better because on every downfall, its market price is expected to eventually increase. It will still depend to a user whether to hold or not but it is just that holding is more profitable

My strategy right now is HOLD . its perfect time to buy so that i think all the coin price will be increase later . when price correction start its perfect time for buy .

Bitcoin is down, I prefer to play with altcoin.
this is a good chance to buy some coins for daily trading.
some other coins hold for several months. maybe june-july 2018 will all peak.

hold if my asset decreasing... sold even i got a profit.
Never all in in my trading transaction. Small profit but stable is my choice now.

I hold the coins until it crosses my risk management or I see something in the news to bring the value down.

If you have purchased your coins sufficiently early, you can think of a slow liquidation starting now. Sell little by little every month. It doesn't matter that the price now is significantly down from its peak levels, if you sell only little amounts every month.

Hold if You can afford it! At least the magour part of the portfolio, especially BTC. The recent deeps in the market I consider as the opportynity for more investors to come in, so we`ll see the growth soon.

Better to do it at the same time because the price is really volatile so it can happen at the same time,i think for more is to try all here in crypto like hold or sold some of your coins because all the posibility here in crypto can go in reality like this digital currency created by someone i think you need only to hold your coins for the future so there's no need in selling it in low.

always hold ! best gain ever :D

My strategy now is HODL after making some mistakes but bills have to be paid. Holding is not easy sometimes especially when one doesn't have much. I'm still growing

HODLING can be very profitable which is why I usually tend to opt for it. Once I'm satisfied with the gains, the I have no problem selling depending on what it is I'm holding

Me now ive been reading alot of whitepapers of new and old coins that are up on the coinmarketcap top 100 list.And when i buy some i usually hodl them until there is the ATH of the coin or some bignews came into that coin community.But sodl works good specially if your a short trader

I sold some in December, because the price went up so quickly it was obvious it would come back down again.

I'm now waiting to see how things go. The mempool has cleared, transaction fees are down, but a lot of the merchants that were lost last year have not re-enabled bitcoin. We will have to wait and see if adoption surges or continues to fall back. If it surges, time to buy some more.

Buy low sell high works across every market. If you buy dips, you end up with a larger amount of whatever coin you're buying than if you would have bought at the initial price. It's simple economics.

The way to keep your eyes peeled for this information is to frequent exchange sites, keep the buy/sell orders in mind, and most importantly keep up with news about the markets. If you see some bad news, you know the prices will drop and likely rebound. You can buy when the markets are low. If you see good news, you can opt in again, since you know the prices will go up, or just sell what you bought at the low points.

So, holding and selling need to be combined in order to create a true full trading strategy in my opinion.

HODL of course. The price is doing great. It corrected and there was no more selling pressure so it's now starting to go up again. I won't sell until there's some really bad news or signs that we can expect the price to crash. For now I'm hoping for $20000 this year!

HODL obviously, where I like to combine it with ping pong trading, that at this point seems to be the perfect time to do so. I secured some profits at current levels to buy back at sub $11k and repeat this cycle. It's a risky move in the way that it may not fall back, but I'm aiming at a small pull back in case the market for now will not be able to break through $12k. If it does break through that level and we go up higher, then that's fine too as I always secure profits in a small percentage per time. It allows me to benefit from both an up and down movement. I don't limit myself like some other people do by selling or buying all at once.

I am HOLD actually I have earned 10% if I sell now but I will not sell it and will wait until I get a chance to sell at 25% profit point ,market value will rise at the beginning of february month I believe it because there will be days special in that month

It should depend on your priorities and needs then. Some do long term and short term trading at the same time because they have a very diversified portfolio.

If you want to make trading into a regular source of /income/ then choose some coins which are optimal for short trading. You won't have to look into the road map of the coin for this, just observe the charts whether it's price trend is good for short buy and sell. When it comes to hodling, you would have to look into whether a coin would survive the market and be profitable for long term.

The truth is in daily trading. If you have the guts to do it, profits are much more bigger than any hodl or sodl.

But it's scary from time to time...

If you were to buy a share of stock in a company, would you watch the price fluctuations constantly and wonder when to sell? Or would you leave it alone for a long while and come back to it when it has appreciated quite a bit? You should hold.

Long term hold for my major coins = BTC, ETH, LTC. Selling those altcoins that aren't that very popular when I gain.
Buy low , sell high.

I just bought a coin at cheap price and hope that in 1 year it's price will pump. So, i would say Hodl your coin.

I think you're using the verb pump wrong. You mean to use the word rise. Pump means that an entity is falsely inflating the price with advertising.

Still hodl for better profit. It's very hard to analyze when it's pump but for now I'm going to invest with altcoin if ever I got luck here.

Hold bitcoins is not a trading strategy. Bitcoin is very volatile. Even now the price is constantly fluctuating. Margin every day is 500-1000 dollars. Is that enough? Lol. Trade can, and must, at any price bitcoin. Here is my strategy. Retention will always be a losing strategy. You deliberately deprive yourself of profit.

For me definitely hodl, I don't want to panic because this is just temporary situation, Bitcoin need some time to raise again maybe a couple of months but that is OK if you ask me. But for some peoples, it appears to be a huge problem, it seems that they don't like to watch when a price is going down. They spend to much time watching value graphs.
 

HODL if you could afford it. You won't lose money if you Hodl. Hopefully we see how Feb plays out for bitcoin and altcoins.

HODL until around 2021, I expect the rise in price to be parabolic by then, I’m talking $100,000 per coin. Have some patience gentlemen & you will be greatly rewarded.

I would always prefer HODL for now.

For all we know that in the last years a lot of hodlers were now became multi-millionaire and since I am supporter of cryptocurrency I would still keep and hold, since holding bitcoin keeps the supply of bitcoin and makes the price become high as the demand continuously increasing while the supply is decreasing because a lot was holding it.

Im holding. I sold a small fraction of a bitcoin back in December and it was a trading disaster. Fortunatelly I recovered it, but the timing was bad, if I had waited a few weeks I would have made some profit (in btc, mind you, not in fiat).

Im just horrible at trading, so Im going hodler with btc. Too risky to short, you cant predict it.

I WILL SAY you should wait a bit to see what is going to happen  with Bitcoin price and see how the price will rally round  $10,000. I think if Bitcoin Break above  $10,250  next time then we should expect to see this as a last bearish market. We should also look at $10,250 to be able to buy .
Price below  $10,000 should not be seeing as buying opportunities as price may still fall as far as it is under $10,000.

Of course i will still hodl my share and wait for the perfect time to sell. I would not leave it alone and watch at the constant fluctuation and learn how it goes and wait for the perfect timing to sell. I mean do you realy have to wait for the price to go to the moon? Well yeah that much profit is the real deal but earning or profiting from 200 to 300% isnt bad after all.

Holding will always be a better choice than to sell. Indeed, having a rough start for this year is hard for investors. But surely those who chose to hold than to sell will earn huge profit in the future. Bitcoin's price at this moment is now starting to recover. It is not too late, this is the best time to invest as it will go with the increase. Just keep in mind that no backdrop in crypto is permanent.

At this mlment, my startegy is to invest and hold without any plans of selling. Well, indeed, the backdrops are scary but to think that it is normal for Bitcoin, maybe it is not an issue. Bitcoin as what happened a lot, will be able to recover no matter how big the dump is, because it has a large community that generates high demand in the market. So if you are thinking of selling during the dumps, think twice.

I'm SODLING. The only thing I know for sure is that bitcoin is going to die, so I just keep my shorts. Predicting the little waves is too hard. So best to just keep short.

The best thing to do in these red days is to just move core funds into cold storage and hold them there until spring arrives. If you have some hot funds lying around you could try to catch some swings. This is quite risky because markets can crash very quickly.

As of now,  I am waiting for some of my coins to recover its price that's why I'm holding it for now,  I won't sell it until I gain atleast 5% profit lol.  It would be a waste if you sell it right away without taking a good profit.

i am stuck at holding so HODL it is

now the best way is to continue to buy bitcoins. the more the price falls we have to buy more and sell simultaneously at a high price. and I think that would be the best way right now. and may not be recommended if using short-term trading. otu just wastes time and takes a lot of money we have

perhaps HODL is good for now even though the price always fluctuate ,indeed its normal 'cause its always happened and perhaps if the price drop it will not continue to decrease and for sure it will go up then down after because of the volatility and also the price is not yest stable.  So much better to HODL now until the rocketed .

The strategy I use is to hold my coins through tough times like this. If I make profits in great times I usually takes out some of it and out into new coins.

My strategy now is to hodl my btc. I have learn my lessons not to sell it in a rush sale because of being afraid holding them when I saw the prices goes down rapidly. Even I am losing some of what I invest but I am still buying to stock it and hold it.

Not my strategy but my action is HODL. I have a complete trust on bitcoin maybe it take some good time to recover( I know bitcoin does not take too long to recover  ;D) or go a bit deeper but I am HODLing it tight.

I never understand that. Where does that trust come from? Simply from the notion that in the past it ALWAYS recovered? Which somehow would thus has become a law of nature, a given FACT that it will happen again? That's really the dumbest thing I've ever heard. BTC failed as payment system, governments are cracking down on it, market places are getting hacked, possible tether fraud, influx of new money has dried up, now big banks in USA are even banning bitcoin buys with credit cards ... So much bad news, I really never understand post like the above. It's much more logical, to me, to have complete trust that bitcoin is going to 0 and thus short it and stay short (which is exactly what I'm doing and which the big guys are doing too). All the facts are pointing to the notion that bitcoin will NEVER become a success.

Its easy to understand. That guy is trusting bitcoin, its tech, its comeback, its price to increase again soon. Why is it its hard to understand simple words by saying I have trust in bitcoin?
Before it failed but with the current situation fees are down again and speed of confirmation as increased so its good as a payment system again.

So much FUD.

He's trusting bitcoin, he's trusting his investment, very simple.

But that's just because people have stopped using it. The number of transactions have gone big time recently (66% down since december: https://blockchain.info/nl/charts/n-transactions) , that is why it's become faster and cheaper again. But if volume would pick up, we're back to extremely high fees and slow transactions. Technically it's just not possible to have bitcoin do more than 7 transactions/second world wide on chain, THAT is the whole problem here. The decentralization also makes it impossible to have on-chain transactions process very quickly to make it suitable in physical shops (no customer wants to wait longer than even 15 seconds in a physical shop for his confirmation, let alone minutes or hours!). Of course the 'solution' that's being presented is Lightning Network but that's never going to work for reasons I've laid out before: https://bitcointalk.org/index.php?topic=2792933.0

The tech is just not suitable as payment system. But even if it was: governments actually are cracking down hard on it because they see it as a possible threat to their own national coin (= power which they will NOT give up). And then there's the hacking and fraud which are HUGE problems. If your bank gets hacked and your money stolen, your government will have your back and reimburse you. If your BTC gets hacked, who are you going to call? And I'm not even talking about quantum computing. If this succeeds ALL blockchain currencies will instantly be worthless. And the big companies are very serious about it and making huge advances: https://www.cbronline.com/news/ibm-google-intel-quantum-computing

The future of bitcoin just looks SO bad, I honestly really don't understand why some of you guys seem to be so positive?

HOLD mate. This is not the right time to sell, but maybe the best time for us to have more bitcoins in our digital wallets, because of its very low price that makes a huge profit for us in the future. And when the time comes that the bitcoin price start to pump into its highest value, then that is the right time for us to sell all we've got now, and make a huge profit from a very cheap capital.

Or you just fail to understand how GOOD the future looks, and that clearly shows when it comes to your lacking confidence in LN. Another thing is that altcoins aren't any better, and even worse in most cases. The sole reason the majority of the altcoins can still operate with lower fees, comes mainly from the lack of actual usage. If you can't fill up your blocks, there is simply said not enough demand for block space. BCash want to make things even worse by having their block space even further increased, and that while their blocks in current time and day are near empty. In order to have that block space scarcity, Roger is better off massively decreasing their current block space, otherwise they will never have full blocks.

Hacking and fraud a huge problem? Simple solution is that you avoid making use of centralized services, and start using one of the available hardware wallets to increase your security. Bitcoin gives people full control over their value, so you are supposed to properly take care of that in the best posible manner. If that's too much responsibility for you, then you have the option to use centralized services. Coinbase offers a bit of insurane, where in case they suffer a loss affecting their hot wallets, you are covered for the entire amount that has been lost. I am however not exactly sure if they will pay you back the digital assets that are lost, or just the value in fiat. If even that isn't enough, then you probably should just remain a slave of your bank.

Damn, what did crypto do to you? I feel there is a heavy load of bitterness that you try to cover by going all out against it.

I am not even thinking to sell it 'coz I don't have any plan even if its market value at this moment is falling. This is just temporary and it happened a lot. Volatility is normal and natural on most of the cryptos including Bitcoin. Its price will eventually rise which makes me want to invest on it at this moment. Well, I guess I am not the only one who would do so. Just hold and forget being worried.

We are on same page when it comes to the perspective that we are thinking about bitcoin right now, even though I need money but I'd rather support bitcoin than making it down more, I won't put it in danger, as much as I need bitcoin, it needs us more right now, at the end of the day we will all benefit in it.

Given thaf its market value is falling, it will be obvious that selling would not be a good option. Holding will be a much better idea because dumps are just temporary. Its market value will eventually increase, the only problem is that we don't know when will it exactly to happen. But also, patience is a virtue so just hold.

But this is exactly what I mean. You don't counter my points with even 1 single argument. You only say that I'm bitter and that altcoins aren't better. Ok you do make 1 argument about moving coins to your own wallet, you can indeed increase security that way but still, your own pc can get hacked too, my point was that with banking money you have free insurance, with BTC you have none. When it's gone, it's really gone.

Anyway it's interesting that people can post NO argument against my points. And still, there are all these people here that are somehow convinced that HODL is a good strategy. I find that really interesting.

My strategy is to accumulate as many coins as possible of the best projects and hold until 2020.
I think that only the best projects will survive in the long run, say 5% of everything we see today

HODL !

Buy if u can and the price are low  ;)

Must be SODL chose only those people who think "better to sell now to have at least something till the price didn't go even lower". Call me a believer, but I use to believe to those experts who say that it is just a moment of time and this year we can expect the price over than 40000$. This is going to be the perfect target for my holding and I do not plan to make a move before that happen.

You are generalizing your whole idea. How about those companies that are still accepting bitcoin payments? Did they stopped using bitcoin? I don't know why you have that much hate with bitcoin. No one is even forcing to hold or sell your bitcoins or if you don't want bitcoin just get rid of it.
You are entitled with your opinion though.

The number of companies accepting bitcoin is actually dropping indeed: http://www.businessinsider.com/merchants-arent-accepting-bitcoin-2017-7

I hold my bitcoin but I have some that is for trading. There are still many opportunities out there even though the market is down. It is the best opportunity to buy because prices are down so it is like a sale and if you already bought some of your favorite coins then it would be the time to average down so that when price reverse, they would be in the green again and you will have bigger gains. If you entered early in the bitcoin scene then most likely you are still in profit but if you entered late last year then most likely you are at a loss now so just hold and then maybe buy more if you have funds to average down.

It's too late to cut my losses so I'll go to HODL, there's no turning back. I'm just hoping that btc will rise soon because if not then bye bye to my Gadget Goals. :'(
I respect your decision if you are going to sold your coins but no offense sir, I can't accept your prediction that Bitcoin is going to die. It doesn't mean that btc is going to end just because of its large drop. Well, I understand that you have your own freedom of expression and I know that I don't have the right to interfere it but at least next time try to become careful to your assumptions and lessen being too confident since you don't show a strong basis and the mere fact that you are opposing the majority :)

Lets not forget this isn't the first time bitcoin has crashed significantly with high percentage losses, and as usual it always rebounds. Now as for the OP I would go for HODL and BODL (Buy) As I am still a firm believer that bitcoin will reach an all time high at the end of this year. As for the BODL though I would give it some time as it might drop even further before getting back on its feet.

I understand the need to SODL for expences.

The zoom out graph though shows how you  can be badly disciplined for SODL, or rather trading over HODL and its to hard to predict when the next evaluation jump will be.

I would love to trade, but the risk is so high of making a fraction of hold. In a mature market sure trade, this is not that.

My trading strategy sell and buy to hold back. When I feel bad, I'll cut my losses. Many cases are inaccurate, but overall okay.

My strategy is i always for the time the coin/token return me enough profit normally 500% to 1000% but i never sold all coins i sell 80% and put the remaining 20% back in safe wallet for other boost in price but some time if i need for payments of bills then only sell equal to required bill payment amount.

For people have a lot of cash for  investments, this will be more applicable. But for a beginner that having a minimum resource, SODL will be a perfect strategy for it because rather than risking you investments that may not recover in terms of bouncing back.

BODL !!

I mean, BUY !

sodl and send to another country..

I can only envy your patience, as for me it will be not easy to hold Bitcoins and altcoins for 2 years. The desire to sell alts and BTC might overweigh the practical approach to this business. I hope I can hold crypto until 2019 at least.V

You can also buy now, because bitcoin now has drop and most of big investors afford to buy bitcoin now and wait for it to increase again so you can gain more bitcoin in the future, some of us still positive about bitcoin because they say that how many time that bitcoin price drop but still remain in the top! I think that is true.  ;D

He is very right. At the end of it all, that pays a lot, because it will take only a weak investment to be in the same position for a long time without even increasing a whole lot in value. It is always better to buy most of these coins like we have them now at dips and then look forward to those sweet and best moments. There is really nothing as sweet and cool as seeing your investments grow over time and even if they experience corrections, they can never get bad.

I am convinced your strategy will work. The mini coins and the ICOs I think as well they will not make it. The world does not need tons of cryptocurrencies. They were all create only by the purpose to draw money out of the pockets of the small investors. That will either be closed by laws or by the sense of the people.

Is that similar to short selling/trading

And there we have another one. I guess OP should edit his post and add that to his list. Right now, what I am doing is HODL and BODL. I am in for long and I have been in for some years now and with all that I have seen so far, nothing is shaking this hand from mistakenly SODL-ing. Now, with the dip, it just brought a better chance to even load up more.

Anyone who is not even buying now is slacking. This is a good moment to start refueling and loading up for the next rally to the moon. This year to me is going to be an awesome one even more than last year, and this just gave chance to the true believers and investors in cryptocurrency to hold up because I believe we are totally leaving the adoption phase very soon. Before, now and forever, HODL will always pay.

Despite the continuous decline we have experienced over the past few weeks, I think that the most effective and profitable strategy tp do doing these times is to hold rather than sell. Selling won't give justice to your investment since you would end up losing more rather than gaining. That mere fact shouldn't let you consider selling as an option. In investing in Bitcoin, you have a goal and I believe that you should hold on to your Bitcoin until you reach that goal. So I guess, holding is really what one should do to assure profit. Patience is just really needed when you choose to hold.

As much i wanted to invest in bitcoin, i also want to hodl my bitcoin especially during bitcoin's price falls down. Those who panic sell actually loses money because they sold their holdings at the very cheap price.