Bitcoin Forum

As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.

Some people can't comprehend simple logic and arithmetic. Statistically, you would be better off if you went for combining short-term to mid-term trading with long-term holding. It is not carved in stone that there will ever be a new historical high. For example, with Bitcoin that would mean going north of 20k, which may never happen in the foreseeable future. And what then? But if you allocate some part of your stash for short-term trading you will be able to earn something by riding volatility now and then even if there is no long-term rise, ever.

I tried to explain this simple thing many times to quite a few people over here but they seem to be too stubborn in their delusions to accept the truth. But never mind, let them sit on their hands if they choose so as it is from their losing that our profits are coming from.

Investors are not traders.
An investor is one who would buy and Hodl till it rises significantly. But a trader is constantly looking for ways to make profits.
It is convenient to have fiat often, especially if cryptocurrencies is your main income source.

It looks like most of us on this forum are hodlers and we are really more comfortable with hodling rather than taking a risk and doing some trading because of our lack of experience coupled with the current market conditions...

A saying goes for some people

"Learning the hardway"

An explanation may not be sunk in immediately unless a pain and a scar has already been taken

Experience more often a better teacher, especially in a world of trading

I think its better if you do short to mid term trading and at the same time, long term holding. You can ride with the volatility of the coins as long as you know how to trade. I agree with you that you need to keep some fiat always so that if there is a coin that has a low price or it is oversold then you can buy it using bitcoins that you bought thru fiat.

Keeping fiat for new opportunities or to buy more at lower prices is must in the cryto, if you don't enough fiat then don't invest all in crypto.

This is a good strategy and a very basic one that alot is not taking advantage of even if they know this one. It's like keeping an emergency fund that you needed when times get worse. Or else you will lose your other funds or assets. This is a loss for sure but the keeping an investment money when it's time, that's something more of a snowball positive effect imo.

Profit from Bitcoin does not mean you gain when the price rises from $ 1,000 to $ 10,000.
Waiting for profit is not an investment plan, but a way to save money while ensuring an advantage. It means that you send your coin into an address and keep your private key for a period.
If you want to trade, you can always make a profit. "A week ago, the price moved from 6000 to 8000. It was an excellent opportunity to earn $ 2000 without getting tired.


Rule # 1: Do not invest more than you can lose.
Rule #2: Do not invest without a goal.

I think most of people are doing it these days. They invest money that they can't afford to loose means they invest their whole savings and then when needed then they sell of thier holding and then they suffer loss. Investments are for long term people should learn in before investing in crypto currencies.

I think that you can keep fiat while holding and you should do the same. As for me, I consider the holding strategy the best one and I think that it is really good to invest in btc today

This is one of the best advice anyone would get around these days, when it comes to Cryptocurrency matters. 3months into this year I got to know that, one shouldnt be dogmatic about Cryptocurrency Holding, Bitcoin to be precise. Prices move up and down unpredictably and we crypto-lovers have little or nothing we can do to control that. It's all market trend, that must be well observed and understood before anyone jumps into buying coins to HOLD. I've always been an advocate of Buy low and Sell high either on the short term / mid term.

It is a bad idea to convert all your capital to crypto without leaving any in fiat. Some of your funds need to be left in fiat for later investment if price drops and you need to buy more or even for a personal unforeseen events.

You must actually be prepared to get some of your coins at of the way so you may survive and ofcourse reward yourself for the hardwork

Tried what you are doing but unfortunately I find it more effective if you short that coin/cryptocurrecy enitrely and buy it back when it stopped falling or when it starts recovering (going up). With this strategy I am able to move freely knowing that I am not keeping a cryptocurrency in my porfolio that is trap in a loss, knowing that I have the capital to choose what coin to buy next or buy the same coin at a cheaper price is a win-win scenario for me. Still shorting is pretty new for me and there are risks involve like missing the price rally or just totally miss the right prediction.

This is a good suggestion but the only thing which I think is not good from a trader point of view is the buying suggestion at a historic price rise. I have learned something about buying and it is don't be greedy when the majority is greedy. I believe in this phenomenon and it actually works great. Also buying and selling all in hand at a same time is not a healthy practice in crypto therefore buying and selling step by step is more practical and successful operation.

I holded some fiat and tether, and I saw bottom few times and I buy, and price goes lower, and I buy again and it goes down again, with btc crash wasn't hard, but altcoins were bloodbath! I remember how I was smart buying BTX at 11$, I thought it cant go lower  :D

risk is always there and cryptocurrency is also have risk but the important here you can make more money than the other i like other because they are comfortable of holding cryptocurrency because they know what a really happen next. This forum can help you to become  calm when the market is crash keep reading and you may know holding is very important.

People quite often focus too much on buy the dip while during bear markets it's not going to help you at all, and it seems that you are one of these people. Every dip in a bear market can become a lower high, never forget that.

That's a common rookie mistake. Altcoins in 99% of the cases don't serve a purpose at all, and that definitely applies to BTX. When buying these coins you should expect them to lose +90% of their value.

In other words, never blatantly assume that an altcoin won't go down further just because you think it's already low, because it can and likely will go down far lower. BTXs fundamental value is close to zero in my opinion.

These coins are meant to be used as a quick-flip, and not to hodl for a long period of time.

Couldn't agree with this more. What you describe is 100% true, but I would like to expand your thought a little. I'd been watching how things were developing with BTX for a while, and if you had been reading their thread here, you might fall victim to an impression that it's a real thing, while in reality it is no more than a typical Bitcoin copycat with no real value added. I suspect it is the same thing with other coins which bring nothing to the table. Folks read what other folks write and since people are eager to instinctively believe what others are saying (hence the insane amounts of FUD everywhere), they can be easily fooled into doing foolish things like buying heaps of shitcoins.

Yeah, this is true, and I think this kind of strategy has little risk, but it must be ready for stress because it has to predict asset prices, but this strategy is also better because it can get profits quickly.

 I learned this from books about finance. Some experts advise us to extract the excess and do not need to use them in the next 5 years. We will use that money for long term investment and it will really benefit us.

I wonder how much you've loss now in btx with its current price of $1.24, so basically you loss over ×10. And yeah it dump harder from what you've think.

OP is just waking us for holding too much altcoin because in reality it's unwise to hold it because its losing their value along the way. Maybe for some they need more eye opener to realize what they're holding in their bag. Though cut lose is sometimes unacceptable but if you see that it's hopelss then maybe it's time.

But understanding the trend of the movement on the prices of crypto currencies is very hard you need to be lucky to make money with this buying at the low and sell them at the high but it is also a great strategy to make huge money than waiting for the prices to increase in very huge percentage.But another strategyy maybe convert them into stable coins whe the prices falls and the move again into the crypto once it reaches bottom.

 

Well if you're planning to hold for a long time, might as well stick to the old reliables like ethereum. And make sure you're prepared to hold until it's worth selling. Also having fiat or usdt available is quite a safety net for a lot of traders. With a market this volatile, having it on hand would be quite useful especially in a bear market.

Well this is one proven method I already applied when I was still very active on trading last year. I don't dump everything, I just sold a few and see how it goes, and specially last year when the market is really on a bullish trend, this method is very effective for me. I think this is still applicable on bearish trend as well, you just have to continue to follow the coins you hold and make that move to sell half of your stash and wait for the right time to buy or sell again. The problem though with newbie traders is that they are really emotionally attach to their tokens and don't know when to let it go. Gonna be a hard lessons to learn, but this sort of strategy might click if you know how to apply it so that you can enjoy profits from time to time.

Divide your investment into several parts: short-term investment and long-term investment. I still recommend that you invest in long term or also called HODL because the potential of Crypto market is still unclear and that is the opportunity to bring more profit for us. Most of the rich people from the Crypto market have been holding Bitcoins for a long time.

People always keep Fiat money because it is a very important part of trading. If you make your money with dump market so you can lose your money. Fiat money it is a very important when you are going to trading. If you see market is pump so you can convert your token with Fiat money. When market going dump so you can again convert our money then you can get some profit.

Is holding for years something bad? I believe that BTC is one of the best stores of value because it not only is safe but also gains value over time. Holding is great if you don't want to trade and have other things to do than constantly watching the price and worrying. In 2016 i stopped watching for a year and don't regret it.

I also don't agree with the buy when it goes up pattern. This is what the herd does. The more it gains the more they buy and the more it falls the more people panic sell. The time to buy is when it's been falling for a long time and even hardened bulls turn into bears.

Also divide it into different markets, never more than 20% in one single market and never more than 5% on any name

I actually don't recommend anyone to hold any altcoins for the absolute long term since they haven't proven to be a dominant force within their own industry field. Ethereum hasn't had any serious competition yet to test its solidity, which is why I'm looking forward to how EOS will develop itself from here. I strongly believe that EOS has the potential to overtake Ethereum in the forthcoming years, especially if they get everything working.

Another important factor is that EOS holds like 5% of all circulating Ethers which they can and likely will use to close the gap even further. If on top of that an exchange as Coinbase decides to add EOS where it will gain even more exposure, Ethereum will be pushed down even further. I however don't know how long it will take since EOS might actually be a security. Time will tell.

Thats close to the truthful holding. I mean this is the way one should always work when the long term holding is done. You should always have a strategy which is going to increase the profits over the time and not just sitting of the coins at one place and they are dropping all the time. One must be alert when the prices moving down then they should add up more and thus actually they are increasing their trade windows by that. Over the time when the same trade reverses itself then it may give more profits as compared to just holding. ;-)

In an ideal situation, in order to be a successful trader, it is necessary to combine all methods in your strategy. For me, trading is the main source of income. That's why I have long-term, medium-term and short-term positions, also I always have a fiat. So, from my experience, I will say that your proposal and the author's proposal must be combined for successful trading.

Absolutely, I agree with the fact that you should always save some fiat before investing into crypto because its true that usually the profit comes much later than one anticipates, and its a matter of years.

Same as like here, but I hold altcoins for long-term aside from Ethereum I also hold EOS as of now in my portfolio. I've seen the good technology on this coin and probably it will profitable soon like what Ethereum did last year. Yes, in holding I always prefer into fiat to know how much I've to earn on my holding crypto.

I think not all but only a few members in the forum are holders, because majority of the community here need money instantly or in a short

period of time, That's is why most of em are always in a hurry to get some profit in here especially for the newbies who came in the forum or in

trading platform. But, honestly in this situations we really need to be patience it is really the market was in the middle of declining period or it

could be finish only just we don't know when?

Does this differ from forex trading?
Anyway, the following post of OP is just how he handle difficult situation of crypto market in trading with pump and dump strategy while using the short-term to long-term trading strategy. And with a 5 years of experience he sure know what he's doing that's why he's just sharing his method to all of us here in the forum.
And also it doesn't mean if you are an investor, you are not a trader too. Their only difference is in time of holding.

It is so true that even if the new ICO coin is having very promising projects you should book profit on any time as you can see when market go for correction then all coins will come down even who are having good project. So it is always wise decision to sell in profit and hold it in bitcoin or fiat currency so that you should be in position to buy back the good coins in low and do trading this way.

This is excellent advice and exactly how I trade. It is smart to move your investments out of the exchanges how ever I always keep a little FIAT available for quick opportunity that disappears as fast as it arrives.
My local exchange btcmarkets.net (in Au) is trustworthy to hold up to 20k in fiat for months at a time.... while withdraws are same day.

There is a limit of loss someone would have reached before they will ever be able to cut loss.
Normally, those who always end up entering a market position without any stop loss, are those who never had any strategy in the first place, and thought they are buying at a very low price that could not go lower, rather than allowing the market to develop perfectly well, view the price action and make decision on that with a stop loss still intact as that still cannot just give a guarantee that the market will dance to your tune 100%. However, only those with trading knowledge can do all these.

Iam learnt so much thing in crypto after big loss,  because i was decide to hold and the price was keep down. Iam too greedy and did not lock and take profit in to fiat when bull market, l will not do it again later and when bull market coming i have to lock some profit in to fiat and use it to buy crypto later while waiting cheapest price and good situation of market.

Sh*t alts are good at bull market trends

they are way more pumped higher than BTC

couldn't think other than that when it comes to tradings

and seeing it useless on these bear market trends

FUDS are their life bloods, and its so unfortunate that a lot of folks fall into it

This maybe applicable for those expert in trading. But with the complicity of the process, newcomers may think of it the hard way. For me, there is no bad or good move in holding as long as you just invest only the amount that does not comprehend your daily expenses.

Yeah, you are right and your recommendation is excellent. Generally speaking you are talking about the money management system which defines the rules of managing money. I would correct you it is not necessary to hold cash. It is also possible to hold money in any liquid asset which you can sell without problems in any moment of time. Why? Because money must work for youand I consider that it is better to buy government bonds or to open a bank deposit where you money will be being increased by adding a little % to your initial capital.
By the way I think there is one objective reason when a trader may invest almost all his capital in an asset I mean the situation when a trader is pretty sure that a particular asset will soar in future. I think in that case it is reasonable to invest a bigger part of money in a particular asset not leaving cash at all but that asset must be liquid to sell it if something will go wrong.

When you are holding you need have the target amount so as long as you didn't reach that amount then keep on holding and when you are at the amount you target then its time to sell your coin. Because there is a possibility to the price of your coin to going down again.

Or just do the exact opposite of what CNBC recommends ;D:

https://pbs.twimg.com/media/DlJajq8XcAAyTZE.jpg

There's no need for expertise here, and for me the most important thing here was your funds. Maybe we find it more advantage to those who had experiences, but I don't think so if we don't have enough capital to do so could probably let us move further on our desires towards trading. Most traders doesn't keep that fiat if they wanted to, because every opportunity is valuable so they tend to use that funds for definite purposes on investments as well.

Yes, we know this year's bitcoin prices tend to move only in the range of $6 - $8k, if you hold fiat on the exchange you use then you can buy it in the range of $6k and just wait a few days or even hours you can sell it in the range of $7k . Falling prices now can be said not too far and tend to be stable, if you can see the graph properly, then you can still get profit from your daily trading.

In fact, you don't even need that. If we put aside security concerns like don't keep your coins on an exchange, you can earn some interest on your fiat by lending your dollars (euro, etc) right on an exchange if it allows margin trading, that is trading with borrowed funds (borrowed from you, in this case). And the interest thus earned will be higher than what you would get via government bonds or a bank deposit. But you expose yourself to the risk of exchange running away with your money, both coins and fiat.

I agree with you! The volatility in Cryptocurrency doesn't exist in other sectors and you should keep a part of the money for yourself. The money you save can earn to you even more at every drop of the market price. Additionally, it will not cause you to sell it at the lower price when you need money.

Well, although ideally that that strategy would be the better one to approach, I would say that it's always up to the market how one should handle their investments. Whether you are going for a long term or short term one, or a middle-term one at that, what's important is you're are reaching your investment goals and the profit margins you have set. That way, you can always get some returns from the capital, efforts and time you have invested in, which is always better that breaking-even, or more so, losing. In addition, holding money while investing in the cryptocurrency market is a safeguard that one should have because no one knows what will happen to the market.

the strategy is very good sounding and I have experineced this many times, I strongly believe that if you focus and are sucessful in mid and short term trading than you won`t have to wait for the bull run as you would profit any time.

Right.I always have my own personal money apart from the profit i will earn from the coins i hold.If you want to make a huge profit,it means holding it for about 3-5 years so waiting for it might cause you shortage of your pocket money.So once you see the price start recovering into a good price,you may sell just a fraction of your coins.

I learnt from the pass my mistake, and should be i keep profit in to fiat when i made 5 to 10 times profit but i did not, and finally iam  lossing much money.  when long bull market is better withdraw more than 50% of crypto in to fiat because we dont know how high the price will go.

Holding on to Fiat when holding means you know what you are doing. Sometimes the market could go sideways and the price of coins could come down drastically. That will be a very good opportunity to buy some coins with your Fiat.

You do not need to be lucky to make money in this market; all you just need is great level of knowledge and practice to be able to have solid strategy in place when trading the market without any form of emotions at all.

The emotions are bound to happen at first, but over time, as you keep practicing, you will keep gaining more confidence on relying on your strategy and always stick to one strategy and be better at it as long as it is working for you. As long as you are ready to learn, you will eventually be able to know what to do at most times.

I think you are correct. However, not everyone can trade, and many people end up actually losing coins rather than making profits. So, you have to decide if this is for you or not.

Your experience on cryptocurrency as a trader or investor will make you avoid losing wrong decisions in the future, that is the reason why it was ok to take risk because you might get wealthy in this industry instantly.

Its called arbitrage trading. When bitcoin goes up mooning, you can sell them for USDT and then hold the USDT for the bear market. Then you cna use that same USDT to buy a biggest amount of bitcoin. This cycle can be continued and the result is the gradual increase in the stock of bitcoin or USDT whichever you want. One volatile currency's volatility used to increase the assets against a stablecoin.

You have no idea what you are talking about. Hodling fiat is important in case the market goes opposite the direction of which you are predicting it to go.

I think this is what is known as a short or mid term trader, you do not have to stare at the computer daily, just target a good entry and make a grand exit, but sometimes this market could go crazy that your once good entry can get you rekt

Crypto need to hold to earn huge profit. If you hold fiat you can't increase your money for the time passed, we need to seperate our own  fiat money with our digital money.

In reality though, it is easier said than done. Of course, we can always calculate the best strategy or a combination of short to midterm trading strategies linked to long-term holding in hindsight. But this doesn't work in real life. In practice, it always turns out that you either sell too early or buy too late, or any other imaginable combination of non-optimal or sub-optimal trades. The bottom line is that you shouldn't try to become a perfect trader. That will only lead to frustration when you finally discover that you are not the one and far from being that. You should be happy if your net result stays positive long term as most traders are eventually losing, and thus you would be above the crowd even if your trades are not 100% profitable.

In the cryptocurrency market, indeed, technical analysis works as well. Many traders seen this. From this point of view, it is easier to work on this market. Although the risk is a big.

LOL. Just one big pump of bitcoin and every other people has been talking about this same thing. Do you realize the pain that hodlers had to go through in 2010-2013 period? Only those who managed to survive that run and possibly unknown fate period of bitcoin managed to sell at 20k USD and get "huge" profit.

Do you understand that fiat money gives you a chance to convert the volatile crypto asset to a stable coin like USDT for a short period of time in case the market goes sideways? I believe you should look into what USDT is and how you can use it to your advantage forgetting about what the negativity is surrounding it.

I think it is always good to keep fiat so as to buy new coins when the opportunity comes and so don't invest all your money.

I at one time made many mistakes, precisely because, half of the deposit should be stored exactly in fiat. now I try to avoid such mistakes.

If technical analysis was that much of a thing, don't you think it would be a bit more reliable than it is right now for traders? I constantly see people refer to how important it is, but yet they fail to put it to work in a profitable manner.

If enough people believe it works, then it is more likely to work, but based on what's actually happening, it doesn't work at all despite people keep saying it does. In other words, people just rehash that what others are saying.

Overall, trading is less likely to be betting on a good outcome if you have some technical understanding, but that's directly it. I have yet to see someone successfully put technical analysis to work during volatile market phases.

You have a very good strategy but it would be worth doing it if you invested a decent amount of money as little increase could mean a lot already.
People like me, we like to hold longer because we are looking for 100 times increase or even more.

That is always true. Whenever their is a big pump after a continuous bear market there is going to be a big dump coming soon. While everything might seen green the whales actually put in more fiat and make sure to initiate a dump so that majority of the panic sellers start dumping as well causing a massive dump. This is the point where one can take advantage and use the fiat to get other cryptos at dirt cheap prices. Add a little bit of FUD in the social media and the prices drop even more.

That how people manipulate the market with the help from whales. ;)

How would I know if it will be the historical time to buy the coin? Is there some sort of a signal that it will continuously arise-maybe fall a litter but will surge again? It's very hard to predict and I have never ever succeeded in a holding for even more a than 3 months, I directly sold them all.

determining the profit target is important, whether you will take short, medium or long-term profit. I tend to see short-term trends and play with small profits per transaction but this keeps repeating in a day and I can harvest accumulated profits in weeks or months

Of course, I absolutely encourage people to always have some money aside away from crypto because you don't want to be forced to sell at an inconvenient time because all the efforts will  be worth nothing.

what OP describes is not holding but trading semi actively in a regularly short time fluctuating market condition
people who are hodling usually because they're in negative profit and waiting for price to recover
or in another case, they are hodling for believing the price is in the bull run and waiting for the peak price to sell

Yes, I think it needs to be done, some people always buy coins with all their money and when things suddenly require money, they are forced to sell their assets even if they are in a profit / loss condition because they need the money immediately.
so at least save a little fiat money for emergencies.

why do we hold fiat? you know that crypto is at risk right? we cannot hold all our money in the same place, of course it will be very risky, thats why we need to hold money in fiat, besides that fiat is also a major currency, of course we will always need it for spending right?

Always keep the fixed static graph each time so as not to get too down and lead to price falls while holding always regulations that already specified

Recently these "Bitcon Historians" have been popping up on social media and telegram channels who seem to make such predictions. I would not trust anyone except my own decisions on crypto holdings. These very may be shills/sockpuppets of FUDstars. Also holding takes patience and not having patience is a bad quality - you should try to improve it and also do some research before investing in an altcoin. For bitcoin its price will rise and fall but net rise will be there.

I dont think the discussion here is pointing to that. Keeping money in saving and outside cypto should be there for everyone. Otherwise how are they going to pay their bills?

I don't really believe that's gonna happen. TA is not just a couple of methods, so even if all people start believing in it and that it works, that won't mean anything in practice, that won't magically make it work all of a sudden. People should not believe in TA as such, they should all believe in one specific approach or another. Then someone with deep pockets will show up and take advantage of the mob mentality to strip these dudes off of their money. Other than that, I agree that it doesn't work at all, if only in retrospect but since you can't earn profits retrospectively, it still remains utterly irrelevant.


I'm not sure what you mean by technical understanding here but it doesn't look like you refer to some technical aspects of how Bitcoin or some other coin works as this has little to do with TA in particular and trading in general.

I guess that is the way crypto works and that is the way one should follow the trading patterns if one has to get profited. Fiat currency is always great option if we really want to hold the amount of money the is getting traded needs to be stabilised at particular point. The only way to do is either you hold your coins in the stable coins or the fiat. But I will never recommend the stable coins because they are also the crypto currencies and thus may lead to few % of loss due to total market cap going up and down all the time. Also fiat holding makes sure that we will gain the same amount in terms of fiat when we buy or sell at any point.

There are two kind of traders. Long-term traders ans short-term traders. The formers tend to wait until a coin pumps so he can have a huge profits. That action can be achieved through many years, that is why it is called long-term trading. On the other hand, short-term traders always look at the market and see if any coin is suitable for him to trade. I believe it is a hard strategy. But there are many experienced people who managed to succeed and have a good profit.

Agree and would also recommend traders to use a standard deviation rule (or bolinger bands). The price is always tend to be between 2 standard deviation above and below median price.
So, apply days (or month) time frame and sell/buy when a price hit appear/lower band.

the investment target of each person is different as well as the portfolio they use. all have their advantages and disadvantages. I tend to take a short-term strategy with a short-term target of 5% of coin trading

It seems appropriate to add also that many so-called long-term traders are in fact former short-term traders, though I'm not sure if the term "traders" is fully applicable to them. Many such "traders" were unwillingly and unwittingly "converted" into long-term holding (let's call it that) as they got caught during an abrupt crash of their chosen coin without closing their position in a timely fashion. And now they have to live with that whether they like it or not.

In addition, no one is preventing you from combining short-term trading with long-term holding. You can follow this approach using different coins (some coins for short-term trading and some others for long-term holding) as well as apply it to the same coin. In the latter case, you use a small part of your capital for short-term trading making small profits here and there, while keeping the bulk of your stash for longer terms.

I agree. I say that because fiat or money is still the king of all currencies. As much as cryptocurrencies are making a name for itself in the global market and in the business sectors of many countries, paper money is still the mode of payments that's relied on by many and that's trusted by most people. Therefore, it would be easier to have it for all other expenses, because at the moment, cryptocurrencies are not yet in a state that it is widely used by many people, and also, its main use currently is an asset that is held for profit and not really like a currency.

Yes.  I agree with this situation. Every time we need to be ready for exchange any coins. If we have fiat money then we can do this any time, any moment. But coins to coins it is hard sometimes even we can make lose by exchange coin to coin. Else many times while holding market gives you so much opportunity for make profit and increase it as well. So better if we have fiat money while holding.

This is one of the best advices I have seen in this forum, Infact trading entails that at any time you buy a coin there may be the tendency of a further dip and you need more fiat to buy to average the drops, going all in at the same time is not a good trading nor investment strategy

This strategy is really nothing new, you're just holding most of your coins and you are using a small amount of money to trade, the strategy can be effective and it can give you money but for a long term holder it is just a waste of time, it is true that in order to get the full benefits of of holding for the long term you have to do that for years but that is something that long term holders have accepted from the beginning.

Trading is simply not for me and for many people, I do not like the idea of watching the market every day just to try to get some profits out of it, if I try to do that I'll be very tense all day and the last thing that I want to do with my time is to be worried about my investments when I could just buy bitcoin and forget about it.

Well in that case sir, we really do nothing for them being stubborn. But at least, we gave them sit on their hands so that in the end so one to be blame but themselves. So, while crypto is not yet stable or Bitcoin fiat will never be disappear it will always be use in every aspect of business in our generation.

Succeeding with a short term trade is all about how your strategy works out for you most of the time, it is not a hard thing to achieve as long as any wannabe trader is ready to learn and practice to get it right from the start.

There would always be some little mistakes over time, but those mistakes are learned from as you proceed which is why a lot of people keep saying never to try with real money. As long as what you have as a strategy is working for you either as a long term trader or short term trader, then you stick with it.

The problem with long-term holding is that it works until it doesn't, whereas short-term trading works most of the time, and still more so when long-term holding is showing promise too. When you are set to hold long term, you may not actually know whether you will ever be able achieve what you are looking for. If you won't, which is altogether possible, then it will be such a waste of time than all other short-term wastes that you speak of will look infinitesimal and absolutely insignificant. In other words, long-term holding can be either a phenomenal success or a catastrophic failure.

While short-term trading coupled with long-term holding allows you to account for much of the unwelcome developments.

I agree that holding fiat money is more attractive than holding bitcoin, because bitcoin is unstable and the price can go up or down. Small investors are difficult to develop, because many bitcoin owners have a lot of millionaires. For countries that ban bitcoin, having bitcoin is more risk. Therefore it is better to hold fiat money, the rest hold bitcoin. For investment or trading.

I've read comments from many people who use this strategy.



truth, I myself had commented on this before, people who have a lot of money and knowledge are the ones who most benefit from this crypto market


But for you to make a profit this 100x, only if you find some altcoin with a great potential for growth something that is very difficult. See how many ICOs scam and how many low-quality projects exist.


do research, see what the currency is offering and many other factors you will understand.


I agree


no offense, but I just see too manytechnical analysis failing

still holding fiat money is very necessary because in every country there are still many people who carry out transactions with it and it will make it easier for the election and it is necessary to know that fiat money cannot be replaced by others

It is good as long as you are earning. Irrespective of the fraction that you earn, you should keep an eye on other related investment opportunities because the sole purpose of an investor is to invest and earn back and the margin of profit is not a negligible in the businesses other than the crypto business. Moreover, a strategy guided by the current market condition about a coin that can give you good return in the long term is worth following.

I agree that short term trading may get profitable compared to long term holding. But keep in mind that sudden dumps are the reason why people dont do it. It may not be hard to do trading but its definitely riskier.

Then they should not be entering into the crypto market dont you think? ;) We know that crypto has been banned in some low-economy countries while accepted widely in some other countries. So its kind of a mixed bag. There are people who need fiat for everyday expenses while there are others who manage to make crypto do the same.

Short term depends on how much target you are hoping to get. The long term hodl game is generally aimed at a high profit percentage but your choice might vary. While they dump it might be the good time to buy but panic selling often leads to a bigger dip which you might not predict - which was visible in the last few weeks.

Well some people don't have the time to do that and they only want to put some money and wait for some time until their investment bear result, it is indeed more profitable if they can trade between the holding period if there's opportunity. I have some coin for long term investment but i also have fiat ready if there's opportunity because i also trade some coin.

Its not that some people dont have time to do it, but, they're just afraid of potentialy missing the opportunity if the price continued to rise right after the selling at short or midterm period of hodling. They're thinking, it would be more wiser and safer if they hodl long term, like if you buy Bitcoin at $6k and wait 2-3 years with a specific projected target mark. What they dont understand is how to ride the volatile nature of cryptocurrency in a safe methodology.

That good thing, actually. You'll never know. Some old BTC whale can come up and dump a bunch of bitcoins, the price will rekt. Always good to have fiat to buy the dip

Do you mean keep fiat a bit as well as bitcoin or do you mean just wait on fiat all the time ?

I mean yeah I agree that no matter how much bitcoin you have, you can have some fiat so you can definetly just put a bit of fiat aside I agree with that. Nevertheless, if you mean always keep fiat and move accordingly like buy and sell and get out quickly and keep fiat all the time than you are definetly wrong because getting in early and leaving late will usually make sure you are in for the whole ride when you are holding crypto.

Without holding crypto you are missing out all the dips and all the ath's. Yes you are in a chance of getting bear marketed however thats how you react on movements.

This is very much correct. One needs to keep fiat while holding and this would help every holder to cost average their price and make profits in the short term

I don't think this is a great idea, I mean it is not a horrible idea if you are feeling bearish towards bitcoin but keeping your money at anything for a long time is useless and risky. Do not hold all your money in bitcoin for all the time, do not hold your money in fiat all the time neither and DEFINITELY do not hold your money on altcoins for a long period of time.

You need to move your money to whatever is dipping, if bitcoin is $6k than buy bitcoin, if bitcoin is $7.2k than sell bitcoin and keep fiat, if apple stocks collapse for some "third quarter sales wasn't as expected" type of reason that has nothing to do with the future, buy that. No matter what, don't hold something for too long.

Well, that is not a bad one and for someone who can have a very good strategy and can stick with this kind of strategy continuously to gain profit, it is a good one.

The issue though for some traders is they really do not have a strategy and the only strategy they have is patience to hold even if the market keeps going down the more. As long as you can learn and trade effectively, you will always know decisions to make at certain point in the market every time.

Well, when I read the first part of your post, somehow I started to believe that you were going to suggest investing money in something else other than crypto, for example, in things like gold, business, personal eduction, health, whatever. But then you said that we should just shuffle our coins, and that was a hell of a disappointment. If you ask me, it is the same as keeping all your money in Bitcoin. In fact, you would likely fare a lot better for using Bitcoin alone as this is by far the most stable cryptocurrency, and buying its dips and selling its tops would suffice for the majority of trading folk. If you start rushing between coins, you will most likely end up with losses, not profits.

Fiat has been better as before crypto investments we had fiat and now we still have fiat and can invest here as it is stable as well so if you feel comfortable in handling it then you can start with it without any worry. After the introduction of cryptocurrency as Bitcoin the first one created a new market has been better since 9 years and it has achieved value more than fiat.

This is an undeniable fact and the importance of fiat cannot be ignored before investing in an asset. Speaking from the investment perspective, I will definitely prefer both. Bitcoin is exceptional in giving away huge money but you have to deal with the long term uncertainty. Holding fiat is sweet thing but the rise in the value of a currency except the few international is very low and you cannot rely on holding only fiat to earn profit.

Day trading can be extremely profitable, this is something that anyone that has spent any time in the market knows, the problem is the huge amount of time that you need to invest into it, if you have a full time job then it is very unlikely that you are going to have enough time to dedicate to day trading, so it is not really a surprise that one of the most popular methods to try to make money in this market is to hold your coins for the long term.

Only those that have a very solid record of obtaining constant profits can entertain the possibility of becoming professional traders, if you are one of the few that can do that then congratulations you are going to make a lot of money in this market but most people cannot get those results and they need to accept it.

This is a really good advise especially in this bearish period. I got burnt trying to hold ETH. Fiat would have been a different story. Holding half in fiat and the other half in crypto too would have been good.

Keeping FIAT for buying the dip is always a good idea. BTC can drop even lower and alts will be even more rekt. Good to buy cheap BTC and alts at discount price

yes you are right because in my opinion the price movement of fiat has a very fast and stable movement so it is safer to save in fiat form so that it can be safer not to decrease assets but can grow again.

Certainly true! You really will not be able to get the profit you want to take advantage of as trend is changing without having to look for a safe space you can classify as a hedge against selling the peaks and buying the lows.

Secondly, with respect to what you said about not relying on putting money into fiat to make profit, is even something that any sane person should know as fiat is controlled and regulated, so it is not like the value will increase than what it is, except against other currencies if you want to make profit from trading them which is the same way it works in the crypto space.

That's total truth, market is really volatile at the moment and you can find yourself in an icky situation if don't take good care about fiat as well.

That method may be not working anymore. Cryptocurrencies are mostly speculative assets, and they had been growing until the market became saturated. It became saturated as no new money was thrown in, and then prices expectedly crashed because most people involved in crypto were there exclusively for profit motives. In other words, holding was one of the most popular methods to make money in crypto while crypto was rising for so many months.

But these days may be over. In the majority of established markets, both purely financial and related to commodities, holding is meaningless, and you can only earn something by actively using your brains (if you have them), not by sitting idly on your hands waiting until the price rises enough to let you grab easy profits. This was a unique opportunity, and I'm not sure it is going to present itself again in the future.

That is actually the only way so far that traders and investors tend to hedge their funds against the market volatility and in cases where the market is turning down fast, this is when you want to be out of any crypto market and pull into fiat.

It is a norm and that happens in stock markets too. So far, we all know there is no way with the volatility of the market that fiat is not important most especially when it comes to trading.

To do it, you should never quit the main job that gives you the income which is stable. The cryptocurrencies are good but you must never forget that traditional money still rules the world.

Most of us are not professional traders and unfortunately we still can't fully rely on Bitcoin. Fiat is still very much needed especialy as a kind of back up.
The key is to know how to successfuly balance Bitcoin and fiat money that is still reality in every economy and our everyday lives.
Maybe this ratio that is now in favour of fiat currencies will change in favour of Bitcoin and other cryptocurrencies but this will not happen any time soon.

Holding fiat at all times is a good thing. It would make you to be able to manage your risks and at the same time, manage your portfolio. This is basically how these things are done. You use the fiat to buy more tokens when prices goes down.

Absolutely right. The reason for this is because of people's greed. Greed is good, but when the time comes. I don't say that when the price increases 5%, we should sell immediately. According to capacity of coin, it is necessary to estimate how much the price can increase and not to wait for the maximum price, just sell it under maximum price.

I this tactics is very applicable. It will require that you have enough funds to support yourself and put some on stand-by should you find yourself in need to buy more coins.

Hold really pays out in the long run but i think with this current situation in the market, it is rarely hard for holders to see profit. So i believe it is best practice to sell of when you see a small rice in the market. Hold don't pay again besides market needs to be in cycle for us to be seeing constant profits rather than holding. The fiat needs to be available if there is a sudden dump so use it to hedge it.

Although investing however we should hold fiat to prevent, do not bring all our money into the atltcoin will be very risky so i think we can accumulate a little fiat

I always have a spare Fiat, in the amount of 30-50% of the total deposit. this is important, because you can buy in a falling market.

Most of the investors in this forum or in this field of business are not actually really a good traders, they've came here because they believed that  their capital can multiply or leverage once they invest into ico or invest in trading market by simply buying coins in the exchange platform. And Using Fiat was a big help then due to without it we cannot afford to have crypto or bitcoin, this is true and reality happens. which means Fiat will always be a part while crypto exist especially nowadays, Fiat still prevails rather than crypto or Bitcoin.

But the time to buy is also important. You might get some fiat in hand at some point but rushing in to buy is the wrong thing to do. People should keep a track of what new coins are entering the market and which new ICOs are good to buy. Then wait for a dip in the price before they buy. Of course this will take time and it wont happen soon - they might have to wait month before they can find a suitable price to buy.

Wow that is huge amount of fiat to hold while still trading. I dont about what others do but you might want to diversify your portfolio before keeping that much for side buys.

If you have the courage to buy altcoin, because now altcoin prices are quite low, can only create conditions for us now and in the future may increase further.

It can be other precious things as well to hold it for a perfect time to come so that you may sell it for better profit. Fiat is also a better source but you can also try the new technological way of trading with Bitcoin and few other best crypto coins which will benefit you the most. If I want to be specific about fiat then do not wait for it if you are in profit and if the profit is not too much then holding of it is better choice.

I agree. I think always you have to keep some stable coin like Tether or Trueusd or Geminiusd or whatever else. The percentage in the portfolio of course depends on the market. You need it for increasing your profit and also to save your capital.

They are not low anymore. Market was green the last time I checked but the dumping is still happening. This isnt a bull run but a bull trap. Buying altcoins is not what this topic is about though. But keeping fiat to buy altcoins during the good is no the less a good idea.

It is not if you live in a country where trading of crypto is illegal. Then again its impossible for them to get into crypto. But for entering the market in the baby steps, fiat is important. Probably the first stashed of coins will be from fiat for every person here.

I dont understand what you are talking about. Fiat will never increase in price. It will inflate and that its inherent property.

I have equally been burnt try to move in and out into fiat from bitcoin.  I think at this point for me,  I have decided to hold for as long as it takes to have optimal price that bitcoin can get to!

I have a wonderful strategy for this case. Say, you have 10 BTC (or any other amount of any other currency) and want to increase your fiat funds. Means, you aren’t fanatical crypto geek who doesn’t accept fiat money at all. Thus, you should look at market and check price changes. When prices go up for at least 40%, you should sell a half of your initial capital – 5 BTC. When prices go down, you should do the opposite thing and buy additional coins, half of your capital. When prices are stable, it’s enough to continue spectating. This system isn’t ideal but it balances all possible risks, so you will be in plus, mostly.

I think we have to divide our investment into a number of short-term investments and long-term investments. A very good strategy but it would be better if you invest a decent amount of money because a little increase can mean a lot.

Many investors, unfortunately, do not adopt this habit because they usually do not implement such strategies. We often encounter investors who prefer Bitcoin during periods of fluctuation or who prefer to choose Bitcoin and prefer ridiculous cryptocurrencies like Tether. While Bitcoin may be a good choice, unfortunately the same situation is not valid for Tether. Although some of the investors are looking for a safe harbor for Tether, in fact, the most risky cryptocurrency is not known. The fact that any loss cannot be recovered, the project is not reliable at all, and it is used frequently in the market for manipulation purposes are extremely sufficient reasons to avoid it.

As of my experience holding and selling for some time for 2 years, I know that the market will have always a good time to sell. So while we are holding make sure that you have a lot of patience because once you are luck of patience then you will not get good profit in a long run. If you are planning to trade in a short time then you just need to have a lot of experience with trading because the market is really unstable and we may not know if the market will go to be up or down, but patience is always the key for good profit.  :D ;D

The markets have a tendency to move in two different ways, the market can be trending, which means that the price is moving in a very clear direction, whether that direction is up or not is irrelevant, the other way in which the market moves is called ranging which means that the price is moving between a particular range of prices without a clear direction.

In the current circumstances of the market we see that the price of bitcoin over the long term is not moving much, so the strategy to take right now is to trade, if you really want to make money out of your investment, but as I said not everyone has the time to do that so they prefer to hold even if that is a strategy is not the best to do right now, but when the market is trending holding is by far the best strategy.

I do agree about it. Do not invest all your money in cryptocurrency. You should keep some money in your offline wallet.

Not each of us  can judge when the historical rise started and when to invest. This is why many people just HODL,
as they do not want to miss the train.

Right, it is also best to keep fiat money while holding some btc. In case price is still down we can buy back at a lower rate. So, users depends on their strategy on how they can earn in trading when price were down.

if you are holding a hold then you don't have to use fiat, you can hold assets that you have in the form of bitcoin and some other coins that have volume and have very high demand, don't let you store assets that you have in coins that don't have volume or demand.

Your strategy might work but this is not not the case to me, taking profit few months after is good but I think its more profitable to hold until the price skyrocket even it takes years. Yes its wise to sell once the price rise a bit so you will be in the safe side because you already get some of your capital and you have fiat to use once the price dropped but hodling is better especially if you have a target price set in your mind on when to sell your holdings.

This is a nice strategy. You might need to use your fiat anytime in case when the ATM is not working. A complete reliance on the technology is not a wise thought and the mind set need to be changed a bit. Besides, the more cash you hold, the more you will be able to make instant transaction.

Investment in an asset with highest liquidity is also a ready source of cash as you can exchange it in the market anytime. So the importance of fiat cannot be ignored. However it is also desired to invest in assets for long term to get your investment replicated to save for future.

You mean fiat? Well thats the same as keeping your money locked up in a bank with nowhere for it to go or grow. Yeah right you something around 5% Per annum interest rate but thats all. No big investment for you then. But then what are you doing here? ;D

You didnt understand. It you sell coins at profit the USDT can help you store some of that in the form of a stable asset. That does not mean that USDT is worth it. The general consensus regarding USDT is bad and people make up a lot of stories regarding it but they fail to see how we can use it to our advantage. Still do your own research before you buy USDT for crypto.

It's less easy to convert your crypto to fiat than it should be, this is usually associated with heavy fees, e.g. shapeshift. I find that it's best to just convert your cryptocurrencies between stable coins during the bad times, that way you are at least protected against volatility. Some stablecoins are also tied to an asset value such as fine wine, gold or oil, so you don't necessarily miss out on a profit in doing so either.

That is a good trading strategy followed by lots of traders as you will not be in loss most of the time. Its good to sell in small amounts and get your profit back rather than get into greed and lose more in long run.

So far I try this strategy and it works. Selling some when your coins is in uptrend and wait to buy back when it fall lower than how much you sell. I'm not selling all of my coins so I will not miss when it's surge quickly just few by few to earn minimal amount in shirt period of time.

If you know how to handle trading so you should always keep fiat money because when you see market is dumping on the time if you make a fiat money and still market is going down so you must make a profit. Holding and fiat money both are different part of trading so you have to understand about fiat money other wise you can’t make a good money in your trading. When market going to pump so on that time never convert your money in fiat if you do that so you must lose your seed money.

When did shapeshift start giving out fiat exchanges for bitcoin? Last time I checked (yesterday) it allowed people to buy bitcoins and altcoins with fiat but not vice-versa. By the way they are now putting in KYC/AML by making registration and verifications compulsory.

Correct but the community is divided as to what stablecoin it is worth to convert to. We have Tether, TrueUSD GeminiUSD among the names I can remember and then recently StratisEURS. But which one to trust only time will tell.

But remember that market trends though are predictable but they change with time and some sideaway movements will occur. That is what fiat helps you to get over with.

this strategy maybe safe for some coin and token. but crypto market is so f*king crazy. sometime it can fall down to zero for no reason or something bad just happen and you don't know about it before can ruin your life

I think it will be better to hold the investments and used the fiat moneys that you have to purchase other investments.
Many  income you may received once you do this and hold the investments you have. A simple act which gives you a high assurance of a huge income in future.

before start invest. i think i can hold all year to get money anyway. but when i see the chart. when i see a red i'm afraid and sell all my coin :))

This is the problem faced by all traders and investors who watch the price movement of btc daily, as market is highly fluctuating and it will always tempt to trade in market. So if you are investor then fix the time frame or target price and when it achieves just sell.

Right.Seeing the price more often will only make you feel frustrated especially with the current market condition today.If you really trust in crypto investment,do not keep on panic,just relax and stay calm.Long term investment may take years to gain a very good profit so with this,always keep fiat in your pocket while holding.

Its an ongoing notion but there are coins which have been very stable. The bullish trend make people do crazy and if you compare the charts of last year and this year you will think the same. If you dont have the patience to hold and just ignore the market emotions then you should not try your hand in trading.

Lets not go into zombie invasion theories and all. LOL

The only case it can drop to that low is if Satoshi's wallets started transferring. But since it has been long silent we dont think it would happen in future and even if it does it wont be for selling at least. Even if there are sellers of a coin there are also buyers of that coin. The rise and fall will occur before you know it and the prices will go up with time.

That is the flexibility in trading that will make you profitable and promote soft skills in this money market so that you are still profitable and do not have to wait too long.

The lack of Fiat is one of my biggest mistakes in trading. I kept everything in cryptocurrency, because I believed that it would only grow, but after falling from 20k, I remembered this lesson forever. And now I always keep some Fiat.

Today's market is pretty unpredictable and most holders nowadays are selling their holdings when there is a minor jump in their altcoins to cut the losses. As for me, i only hold those altcoins i think is profitable in the future and selling those shit coins to invest it to a better altcoin. Your recommendation sounds helpful but in terms of gaining a profit, the chance looks low to me.

Keeping in reserve currency in fiat is very necessary because you will be more active in investing. Never spend all the money you have to invest in a type of asset, which is extremely risky that investors should consider carefully.

I also keep some fiat on exchange while holding just in case I have enough capital to acquire more cheap coins when there is a sudden drop in price.

It is important that you must have fiat and virtual currency because some transaction can not be completed through virtual and some required virtual money for making transactions and in these days bitcoin holding is very prosperous and i want to make it for long term. For gambling you have both options like win/lose if you love to take risk in life then bitcoin is the best option for gambling now as we know that we can make money or we can lose also.

We can apply that on altcoins too. I know many people who bought altcoins early in July, but altcoins continued to dip further in August, they got rekt because they did not have enough money to buy more, while their bought coins were losing value.

Of course it is good to sell out small amounts as long as you are earning profit regardless of the scale of the profit. Remember even small amount of profits are good in long run rather than not availing the small profits and waiting for long run profits which are often uncertain for the market can take a shift anytime. So it is better to keep on cashing small profits and reinvesting as well. If you can invest big, hold long.