Bitcoin Forum

Tips :

1. Always decide the exit point before entering the trade, this is called the Risk-Reward Ratio. R: R ratio must always be greater than 1 to become a successful trader.

2. Perform fundamental analysis (more important than technical analysis). You must always know where you put your money.


3. Create realistic targets and get them. Don't chase Prices up, take one step at a time, you will get prices up when you have expertise.

4. Is your Mathematical Calculation correct. Profits of 1% per day will make your investment up 38x in 1 year. A 50% loss in trading will require a 100% profit for the average exit.

5. Don't buy #FOMO or sell #FUD. Buy when the market is bearish and sell when bullish. Buy long-term dips and items for profit.

To maximize profits from bitcoin we should have a plan of investment that depends on the time that we should make our own decisions and investment plans such as buying on DIP occasions.

Many people had big confusion with their investment if their next month is not valuable then what can we do this. Will came for older investors In cryptocurrency but we need to take mental confident this will there where to get more stable in this field otherwise we will not get more profit .

For maximum profit in bitcoins trading and mining,it should invest in long term investment.only long and huge time consuming invest is appropriate for huge profits.

I think the best strategy is to hold bitcoins. Because i believe that in the future when all the bitcoin is mined the price will skyrocket so holding will make the most profit.

What you said above may become several options for trading consideration. But not only about them there are still many things to be considered for trading. Talking about mathematical calculation, it is not always fit with our expectation. Many factors can influence how many profits earned. So, do not make it a fixed rule.   

The OP is right you should know where to exit before you do a trade. Holding bitcoin is not always the right thing to do, sometimes you should set a sell to be able to maximize your profit. Although it’s bearish market if you know how and what to do, still you can gain more profit with the right strategy.

Plan ahead your trade, And for me I always give an amount that I can trade just like gambling but it is only safer with trading because you can always be sure that you will gain some profit, And I always plan ahead on what amount I will be putting in my trade and how much amount I will be saving, Because if you would not save and  just always putting it to trade there is a chance that you can lost more that saving more, Always accumulate the situation of every coins to trade, Always buy cheap and sell when the price is at peak.

Yes, but in my opinion, long-term investment is not effective, because the purpose of effective is, we can get a net income from bitcoin trading, no loss, and does not require a long time to get profits/income.

Cut your losses early if a trade go against your plan strategy. This is the major tip every trader needs to be successful. Cutting your loses early will enable you to place a counter trader and recover from your loses.

Trade the amount you can afford to loose and be sure to set a targetamount that you will sell your bitcoins. Day trading is one of the est way to maximize your profit in a short period of time if you know the signals where to buy and where to sell your bitcoins.

Yes, in other words we have to play it safe, if there are things that already have small characteristics that can cause risks, then we must quickly avoid it even though it also has great profit potential.

Your trading strategy is pretty good, but for beginners who don't know how to analyze fundamentals, it will be difficult to follow. it's hard to get maximum profit. I think the best key to trading is patience, and don't be greedy. simple, sell when it's profit

Trading on the exchange is very difficult. But there are already technologies that help novice traders succeed.

You are right before trading you must create a strategy on what trading plan you will use and how you manage you fiat or tokens also for greater profits you must know and choose the best trading indicators for you to know when to buy and sell or hodl you tokens or coins and the last one is on point that don't buy FOMO or don't be a FOMO just and also don't listen to FUD's or don't spread FUD.

Thank you for the response of all of you, I am very happy if the tips I gave can be useful for you.

maximize your earnings when trading bitcoin is possible. but you have to first have ritual and disciplined by yourself.

To make trading strategy look like easy but to perform that strategy will be more difficult because natural emotion like greedy and FOMO is hard to manage it.  We have always to try how to manage that natural emotion so we can make profit and avoid loss. Keep learning and doing more experience will make us become expert and professional trader.