Bitcoin Forum

Economy => Trading Discussion => Topic started by: R100K-Martin-Lunger on December 26, 2023, 06:48:10 PM



Title: What will be your trading strategy for crypto in 2024?
Post by: R100K-Martin-Lunger on December 26, 2023, 06:48:10 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: kentrolla on December 26, 2023, 07:53:18 PM
There has been a lot going through my mind and I would be accumulating all the methods which brought me profit in 2023 and will be avoiding the mistakes I made. I would be making some decisions like strictly no futures trading in 2024 and will be dividing my trading strategy into three parts, first one would be multiple trading for short profits which should accumulate to atleast 2% profit everyday, second method would be hodling the promising Altcoins by buying them when they dump hard to maximize on profits and the third option would be experimenting with new altcoins like stocking them up once the new about them being listed on big exchanges like Binance are announced for some quick 20%+ profits.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Mahanton on December 26, 2023, 08:06:59 PM
There has been a lot going through my mind and I would be accumulating all the methods which brought me profit in 2023 and will be avoiding the mistakes I made. I would be making some decisions like strictly no futures trading in 2024 and will be dividing my trading strategy into three parts, first one would be multiple trading for short profits which should accumulate to atleast 2% profit everyday, second method would be hodling the promising Altcoins by buying them when they dump hard to maximize on profits and the third option would be experimenting with new altcoins like stocking them up once the new about them being listed on big exchanges like Binance are announced for some quick 20%+ profits.
Now that the year is nearly on ending then it would really be just that normal that you would really be trying out to reassess on things on which you would really be needing to make out some adjustments if needed considering that this market is really that always that unpredictable on which mistakes are normal but on the time that you had already made yourself wary about into those potential situations or conditions then it would really be just that normal that you would be having those approach that you should really make out adjustments accordingly so that you would really be able to survive into those upcoming years.
Learnings would really be a never ending thing on which as you do go far ahead then it cant be stopped on learning up everything along the way.

Make yourself that getting enhanced and improved as days passing and now that we are ending of this year then lets try out best to have that more profits on next year. There's no way
that we could really be able to have those improvements as we do go ahead.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: boyptc on December 26, 2023, 08:23:08 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
I'm done with the promising projects.

It's better to just stay with Bitcoin and if you want to diversify, get into real other assets like real estate, land properties, etcs. Be wise when you're going to diversify. It doesn't have to be into several altcoins.

But consider also those assets that are appreciating over the period of time. Many altcoins are good today but stability is what they lack of and they have uncertain future.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: GreatArkansas on December 27, 2023, 04:40:29 AM
For me, I am planning to build a trading bot of course with some algorithm. Since I am a technical guy who has some knowledge of programming and at the same time I will be busier. I think building my own bot with an algorithm is a good thing to do, like adding some experience for my self and my career at the same time.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: tbct_mt2 on December 27, 2023, 04:49:41 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
Next year will be a bull market and it will be very hot. You will have many chances to get profit in a big bull run, not mini one.

My recommendation for 2024 is holding your coins, Bitcoin and altcoins if you have them.

Don't trade your coins because you will miss great growth of cryptocurrency market.
Don't stake, farm your coins because you will not know those platforms, pools are safe, will they be hacked or not.

Hold your coins in your non custodial wallets, have good back ups.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: cafter on December 27, 2023, 06:22:27 AM
I will be keep acculating like I always do using dca. Without changing anything.
And if I start to see signs of bull market, then j will mostly take long trades and lower the short trade of which I am not sure enough. Because I bull run mostly going long is profitable
And I will start to trade altcoin mostly major altcoin.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: adaseb on December 27, 2023, 06:23:46 AM
You need to trade what is hot right now which is Solana and Ordinals. Ethereum on the other hand seems to be fading away.

Also if the etf is approved then most likely bitcoin will be fairly bullish for the next few months. As each day more and more BTC are taking off the market to be parked in the etfs.



Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Lakai01 on December 27, 2023, 06:35:44 AM
For me, I am planning to build a trading bot of course with some algorithm. Since I am a technical guy who has some knowledge of programming and at the same time I will be busier. I think building my own bot with an algorithm is a good thing to do, like adding some experience for my self and my career at the same time.
In principle, it is always a good idea to improve your own skills through hobby projects! I also built myself a trading bot a few years ago, or rather developed a very well-known bot further, which I can also highly recommend: https://gekko.wizb.it/
Unfortunately, Gekko is no longer being developed, but you can find a number of forks on Github that are still under development. However, you can definitely take a look at some of the source code and use it for your own bot.



@OP
As I personally assume that we will experience a bull run starting in 2024, I will significantly reduce my trading activities and let my portfolio run.



Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Nheer on December 27, 2023, 09:56:36 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
I'm done with the promising projects.

It's better to just stay with Bitcoin and if you want to diversify, get into real other assets like real estate, land properties, etcs. Be wise when you're going to diversify. It doesn't have to be into several altcoins.

But consider also those assets that are appreciating over the period of time. Many altcoins are good today but stability is what they lack of and they have uncertain future.
Same here, whenever i try to invest in promising projects things doesn’t go so well, i guess i am not so lucky with alts but probably because i have not witnessed a bull run before. I told myself i am done with alts for some time now and i have channeled my energy into investing in bitcoin now as these alts have no stability.

I also prefer to hold bitcoin rather than diversifying my portfolio and investing in so called promising projects that will only last for a few years or probably not last that long. We have seen how alts behave and how some of them become dead projects over time, it shows they can’t be compared to bitcoin because their future is not certain so it’s wiser to hold bitcoin.

What i dislike more about alts is the fact that it is difficult to determine legitimate projects and one without the knowledge to identify scam is always prone to invest in scam tokens especially as bull run approaches. One needs to be cautious investing in alts.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: hugeblack on December 27, 2023, 09:59:08 AM
Investing in more altcoins means that you are sinking deeper into quicksand and there is no one to save you. Investing in altcoins is not a diversification of investments, but rather a multiplication of the opportunity to grow your investment portfolio. You can trade in altcoins, but long-term investment is a loss of your money.

Diversify investments by purchasing gold, stocks, real estate, Bitcoin, and anything that has a value and can gain upward growth.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Assface16678 on December 27, 2023, 10:35:23 AM
Well, aside from what I'm doing this year, maybe I will try to explore more coins, as this year I'm very hesitant with other coins and am afraid of exploring more coins, which means I miss some potential earning coins. Yes, it's better to focus on a few coins or crypto currency to trade on, but the thing is, it's also not bad to explore other coins that have the potential to give a good profit.

So maybe next year I will be more adventurous and explore coins that I can squeeze a profit from. Yes, I may sound profit-driven, but the thing is that in this crypto currency field, you need to find your own opportunity to make a profit, and that is the goal of most of us traders. So next year, being a more confident and less cowardly trader is my game plan; this will give me more challenge and experience.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: irhact on December 27, 2023, 11:43:21 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

My trading strategy for 2024 will be to be trading tokens that are hot and trending, I stayed away from hyped projects in 2023 and didn't make much profits as i was expecting but my friends made many profits from trading AI coins and memecoins. Therefore for 2024 I'm ignoring any advise about not trading hype coins and trade them. They have the most trading value and liquidity when they're trending therefore they're going to be good coins to make profits from.

I'll be careful not to buy coins that are looking like scams and not listed on good exchanges, I'll trade them for short term and not hold them for long term as no individual knows if they'll be able to keep their trading volume high for that long. I'll switch between the trends and make as much profits as I can so I can get more money to accumulate Bitcoin and enjoy the profits that's in the future.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Franctoshi on December 27, 2023, 01:01:16 PM
From what I have experienced during the past bull markets, if your bag of cryptos isn't filled enough to your satisfaction, then henceforth every dip in the market right now is an opportunity to grab your coins of interest, while stacking more Bitcoin and as the market gets interesting, then start taking profits on altcoin portfolios whenever you feel your good, don't be too greedy to take profits, and understand you can't gain it all, so take your share of the market and walk away, it is a strategy to survive in the bull market.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Text on December 27, 2023, 01:25:24 PM
I might not diversify for now; I'll just focus on Bitcoin. I believe in its dominance and am optimistic about its bullish trend. I haven't identified any other coin or token that catches my attention. However, I have an exit plan in place. So, for now, until next year, I'll increase my savings for long-term investment. I'll stick to my plan, avoid impulsiveness, and keep my emotions in check. I'll stay updated with industry news, developments, and regulations and not rely on any single source of information.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: dunfida on December 27, 2023, 02:01:20 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

My trading strategy for 2024 will be to be trading tokens that are hot and trending, I stayed away from hyped projects in 2023 and didn't make much profits as i was expecting but my friends made many profits from trading AI coins and memecoins. Therefore for 2024 I'm ignoring any advise about not trading hype coins and trade them. They have the most trading value and liquidity when they're trending therefore they're going to be good coins to make profits from.

I'll be careful not to buy coins that are looking like scams and not listed on good exchanges, I'll trade them for short term and not hold them for long term as no individual knows if they'll be able to keep their trading volume high for that long. I'll switch between the trends and make as much profits as I can so I can get more money to accumulate Bitcoin and enjoy the profits that's in the future.

When it comes to trading strategy then it would be a never ending kind of learning on which this market would really be having tons of variations when it comes to possible movement on which it might lead up to losses
if you wont really be that careful. This is why if  you do see that your trading stats isnt really that nice for this year, then try to adjust and make things more better on the next year. Never stop yourself on learning
because we do know that you wont really be able to survive into this market if you wont strive out. This is why it would be always best that you should really be making yourself that versatile on the things that
you are encountering specially into this market.

Trading strategies would really be that basing up into someones knowledge and skills. Neither you would be able to succeed out or not then it would be
just that normal that you would be making adjustments if needed.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: death69 on December 27, 2023, 02:11:16 PM
There has been a lot going through my mind and I would be accumulating all the methods which brought me profit in 2023 and will be avoiding the mistakes I made. I would be making some decisions like strictly no futures trading in 2024 and will be dividing my trading strategy into three parts, first one would be multiple trading for short profits which should accumulate to atleast 2% profit everyday, second method would be hodling the promising Altcoins by buying them when they dump hard to maximize on profits and the third option would be experimenting with new altcoins like stocking them up once the new about them being listed on big exchanges like Binance are announced for some quick 20%+ profits.
Now that the year is nearly on ending then it would really be just that normal that you would really be trying out to reassess on things on which you would really be needing to make out some adjustments if needed considering that this market is really that always that unpredictable on which mistakes are normal but on the time that you had already made yourself wary about into those potential situations or conditions then it would really be just that normal that you would be having those approach that you should really make out adjustments accordingly so that you would really be able to survive into those upcoming years.
Learnings would really be a never ending thing on which as you do go far ahead then it cant be stopped on learning up everything along the way.

Make yourself that getting enhanced and improved as days passing and now that we are ending of this year then lets try out best to have that more profits on next year. There's no way
that we could really be able to have those improvements as we do go ahead.
Without a doubt, the end of the year is a crucial period for trading evaluation and modification! The volatility of the market is a difficulty as well as an oportunity. Initialy, we have to accept that our errors are not just setbacks but also opportunities for growth. What lessons did they impart to us? How can they influence our upcoming tactics?

There is no bargaining on ongoing education. We must adapt as the market does. It's important to remain ahead of the curve rather than just keeping up. Learning is an active process that involves keeping up with every new trend and market shift.

Allow me to discuss profits. Yes, enhancing our gains is the aim, but how? through more astute tactics, more astute analysis, and a resolute willingness to adapt. The new year presents a chance as well as a timeline. Let's grab it by both horns!


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Johnyz on December 27, 2023, 03:34:00 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
Still doing the same strategy since bear market and it's DCA while waiting for my target price.
I'd hope that 2024 will be a year for me to take profit and wait for the next cycle again. I'd learned a lot from my past experienced and mistakes, I'll be wiser in 2024 and will not let my emotion take over my trading decision. I missed a lot of opportunities to take profit, hopefully next year I can enjoy the profit for real.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: el kaka22 on December 27, 2023, 05:14:04 PM
It is the bull start year, it is going to be the halving year in a few months and we are going to start to see it go up. I have two main ideas, I will not sell any of my bitcoin and I will keep holding it as long as possible, and when it comes to alts, I will have some profit from bitcoin that I will use on some alts and I think it should be the usual "double and dip", when you see something double after you invest, just get out, and find something else.

If you do 50% right guesses, you are going to be fine and in bull period 50%+ is not that hard to achieve, it does happen more often than we think. But, I will do it as rarely as possible and not really focus too much on it. This method was great on the last one.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Fuso.hp on December 27, 2023, 05:27:27 PM
In 2024, I will trade using the same strategy that I have adopted in the past days or in the past years and have been successful. In the new year I want to plan everything in a new way but I have no desire or thought to change my trading strategy. The strategy I am trading currently seems to be a very good strategy and it has taken me a long time to master it so I don't want to lose this strategy by wanting to adopt a new strategy. I think everyone will give the same answer that even if everything changes, the technique of tedding will not change much in the new year.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Twentyonepaylots on December 27, 2023, 07:15:27 PM
I'd probably be changing my trading strategy, I've had a lot of failures this year honestly. What I'll be doing in the next year is to focus on top 10 coins in the market, I will stay away from the altcoins or those that are on the second page of the market, I hated that I focused on them too hard this year. I will try to recalibrate my strategy, perhaps I'll listen to more experienced than me and I'll never to go against the trend, I'm being too wishful thinker this year and I would like to discipline more myself. Trading is a non-ending learning process, we all must adapt to ever changing current state of the market.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: tvplus006 on December 27, 2023, 08:09:02 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

I think everyone's strategy is the same - buy cheap, sell expensive. But not everyone is able to hold their coins for a long time in order to maximize their profits. And it is really very difficult to do this when you see that your deposit has doubled and there appears a great desire to fix your profit.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Issa56 on December 27, 2023, 08:58:45 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
When people are asking you about the strategy you will be using for trading in 2024, did you tell them that you are a professional trader? Seriously, everyone has their own strategy, and I won't encourage you to follow someone's strategy. Always try and build your own strategy, you should discover what works for you and not copy other people's strategies. The strategy that works perfectly well for me might not work for you when you try to use it.

If you are investing in altcoins, then there is nothing like a promising project because they can fail you at any moment. There are some altcoins that claim to be strong once, but they failed a lot of people this year, some people lost all their investment in them, so it's better you stay in bitcoin and have peace of mind rather than diversify across promising projects. I will tell you that the only promising project I know of is bitcoin.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: boyptc on December 27, 2023, 11:21:52 PM
I'm done with the promising projects.

It's better to just stay with Bitcoin and if you want to diversify, get into real other assets like real estate, land properties, etcs. Be wise when you're going to diversify. It doesn't have to be into several altcoins.

But consider also those assets that are appreciating over the period of time. Many altcoins are good today but stability is what they lack of and they have uncertain future.
Same here, whenever i try to invest in promising projects things doesn’t go so well, i guess i am not so lucky with alts but probably because i have not witnessed a bull run before. I told myself i am done with alts for some time now and i have channeled my energy into investing in bitcoin now as these alts have no stability.

I also prefer to hold bitcoin rather than diversifying my portfolio and investing in so called promising projects that will only last for a few years or probably not last that long. We have seen how alts behave and how some of them become dead projects over time, it shows they can’t be compared to bitcoin because their future is not certain so it’s wiser to hold bitcoin.

What i dislike more about alts is the fact that it is difficult to determine legitimate projects and one without the knowledge to identify scam is always prone to invest in scam tokens especially as bull run approaches. One needs to be cautious investing in alts.
Both of us are unfortunate with them.

But the good thing is that we're directed to simply focus with Bitcoin. There's no magical strategies that we need to go through but just investing in Bitcoin is already satisfying.

Can still test some projects that we think we're okay to throw some couple of bucks but it's just like good money that's gone forever.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: mirakal on December 27, 2023, 11:59:37 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
I have my own plans for 2024, and most likely to accumulate and hold more bitcoins knowing the bull run will be in a couple of months from now. With altcoins, I'm still eyeing some potential coins to add on my portfolio as I believe that altcoins as long as you invest in the right coins will add more profitability in your investment. Not only that, I am also eyeing to diversify my investment into gold, real estate and stocks, just to generate multiple source of profits so that if bitcoin investment drops its profitability, at least I still have some other options to provide profits for me.

These are just some of my plans for 2024. I know the world maybe tough sometimes but if you have multiple investments that are in profits, you will never feel the world is against you. I just think I need to maximize opportunities in bitcoin and diversify them with physical investments as well that are also proven profitable in their own ways.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Mr. Magkaisa on December 28, 2023, 02:28:10 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

       -  What I'm doing with my trading activities will remain the same in 2024 because I'm still making money, even if it's not a lot because I'm OK with 5-20$ every day. Maybe if I see another cryptocurrency that I believe has the potential to earn a profit, I'll acquire it.

In summary, in addition to my long-term holdings, I will continue the short-term trade that I began here in the crypto space area. Because it is preferable that we harvest anything as long as there is a possibility to accumulate in the crypto space.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: kojektea on December 28, 2023, 09:43:26 AM
it's simple. I will only control my emotions, that is the main thing. whatever I get a day a month or throughout 2024 is something I should enjoy as long as it doesn't hurt, meaning my trading is successful. In my opinion, trading does not require a lot of strategy and psychology is very important because it involves making the right decisions. if you take a wrong step it will be wrong but if it is correct with regular emotions the results will definitely be good.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: BitcoinTurk on December 28, 2023, 05:01:06 PM
I haven't yet determined a roadmap for myself for 2024 but it is certain that my main focus will be Bitcoin until the halving process and that I will buy Bitcoin as much as possible at least until this period. In addition, since there are good earning potentials in memecoins and shitcoins in the Solana network today, I have shifted my focus of attention here in the short term. Although I use a very small part of my capital for this, I believe that if this winning streak continues I can also make money by trading memecoin and shitcoin.

In addition, although I expect an increase in the Bitcoin price I don't yet have an open position in leveraged transactions and it seems that I will not have a leveraged transaction position within the first two quarters of 2024 in order to avoid being negatively affected by possible sharp price movements. Of course, if I see a possible opportunity I can open a few positions using 2 to 5x leverage maximum.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Viscore on December 28, 2023, 06:57:49 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

I think everyone's strategy is the same - buy cheap, sell expensive. But not everyone is able to hold their coins for a long time in order to maximize their profits. And it is really very difficult to do this when you see that your deposit has doubled and there appears a great desire to fix your profit.
That's the real challenge in the crypto market, aiming to hold for certain years so we can sell at its highest peak, but we know in reality the term hodling is not as easy as it is though. It's not as smooth and less stressful as they say because price correction keeps testing your faith as to how long you're sustainable to hold. You win when you hold it still despite of market crash and correction but you lose when you end up panic selling because of the fear that you will lose more.

I believe trading will still be great but unpredictable by 2024. But if we can always stick to the basic, buy low and sell high, we will never end up as a loser but stay profitable most of the time.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Maslate on December 28, 2023, 08:44:22 PM
Investing in more altcoins means that you are sinking deeper into quicksand and there is no one to save you. Investing in altcoins is not a diversification of investments, but rather a multiplication of the opportunity to grow your investment portfolio. You can trade in altcoins, but long-term investment is a loss of your money.

Diversify investments by purchasing gold, stocks, real estate, Bitcoin, and anything that has a value and can gain upward growth.
It's not bad to invest in altcoins as long as you know the right coins to invest. Majority of altcoins simply fall on devaluation, hence learn to invest on a small scale basis  and invest for short term. Altcoins are more on pump and dump scheme, so always make sure to timing the right time to sell before its price gets devalued.

While others diversify their bitcoin with altcoins, and yet they still end up regretting because of unexpected losses, I suggest try to explore physical investments such as gold, real estate or even stocks. They can be more profitable with bitcoin at some point so one should always consider investing in them with an amount that one can afford to lose.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: tvplus006 on December 28, 2023, 09:52:23 PM
That's the real challenge in the crypto market, aiming to hold for certain years so we can sell at its highest peak, but we know in reality the term hodling is not as easy as it is though. It's not as smooth and less stressful as they say because price correction keeps testing your faith as to how long you're sustainable to hold. You win when you hold it still despite of market crash and correction but you lose when you end up panic selling because of the fear that you will lose more...

Of course, if the coins are bought at the very bottom, then in any case it will be easier for you to hold a position, since it will always be profitable. But those who bought at a higher price, and at the same time the price decreases, will always be faced with a choice - to sell or continue to hold until the price recovers.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: redsun114 on December 31, 2023, 01:41:55 PM
Why will they ask you? Are you a professional trader? If so, then why you are throwing the question to us here?
By the way, the strategy or the plan that you said there seems to be for investing. But, since you already said it, many investors are for sure going to have that same approach. Well, simply because it works.

You can't go wrong with diversifying as long as you already know if what are those coins you will pick up and then trying to keep things balance. Apart from that, DCA should be present as well. On the other hand, traders themselves usually talks about technical analysis. This seems to be the most important thing for them, than the rest.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: the rise on December 31, 2023, 06:45:22 PM
Simply put, I will try to look for projects with new trends in 2024 to re-invest. This is the same strategy as I did before. I have only used this technique in the few years since I joined crypto. The proof is that it is very effective in getting profits for up to a full year. I'm sure that in 2024 there will be many crypto surprises. we just welcome it to be a truly profitable investment. Next I just play normal trading like swing trade. I don't focus on swing trading. I prefer long-term trading or being an early adapter. it is very profitable for me.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: The Watcher of All on January 04, 2024, 11:10:18 PM
Now riding the wave till ETFs news, than taking profits.

See where the correction more or less ends (Cool off RSI weekly) , then jump in, and enjoy the ride ;)


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: sulendra12 on January 04, 2024, 11:47:53 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
Probably will stick to DCA Bitcoin and BNB from now on, because I don't really have that much time to track all the altcoins that is going on but still I'm reading the crypto news from time to time to keep myself on track with the crypto updates. Will still do occasional trading if I want to but I find myself really comfortable with the way I do right now, so have no plan to actually change the strategy for long period of time.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: koang on January 05, 2024, 08:14:59 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

Diversification is a strategy that investors often use to minimize losses and maximize profits.
Still, diversification also has disadvantages. One is that it limits investors' growth opportunities and requires more complex efforts than with just one asset.

However, whatever your strategy choice. Your money, Your rule.
Hopefully, 2023 will provide many lessons, and this year will be even better.
Happy New Year, and Good luck...


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Patrol69 on January 05, 2024, 08:27:16 AM
I don't want to apply any new trading strategy in my trading, I will apply the same skill in 2024 that I have profited by trading earlier. I don't think there is any need to change strategy in any work. Job skill always remains the same, maybe job position changes but skill does not. Last year I wasn't overly greedy in trading or never held coins for long with the hope of extra profit but this year plan to trade with relatively higher profit. I may need to be more patient and lean more in the hope of relatively higher gains but I will apply this strategy. If by applying this strategy I get success compared to the old strategy then I will continue this strategy and if the previous strategy seems better then the previous one will continue again.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: dderekwalcott on January 05, 2024, 09:12:12 AM
My personal opinion and trading strategy is to conduct thorough research, be aware of market trends and reach a decision considering risk tolerance before taking any trading decision and I think these things are essential for trading.In 2024 i focused Altcoin that will be listed in renowned exchange platform like Binance,kucion .


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: |MINER| on January 05, 2024, 04:23:52 PM
I am planning a lot for 2024.  Now I'm do not know whether I will be able to implement all of them.  I will try to identify and correct my own mistakes first.  I will invest a certain amount every day but it is in a small range.  I will not expect much profit.  I will try to be self-confident.  I have a lot of inexperience with the market, I will analyze this further.  I'm thinking of starting to use a trading bot, but I don't know how useful it will be.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Kelvinid on January 05, 2024, 09:28:35 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
We still have time, take this chance to fully prepare before the bullish finally started to buy accumulating and only hold potential coins, not shitcoins. It is not the number of coins we have held but the quantity and quality they have because this is the ticket to a successful investment. Diversifying not growing coins to more valuable ones like in BTC, ETH, and BNB would be the right decision.

In fact, I already did this before the end of 2023 while the price of these coins I've mentioned are still cheap and I keep doing this before the bull season comes.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Mahanton on January 05, 2024, 09:47:53 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
We still have time, take this chance to fully prepare before the bullish finally started to buy accumulating and only hold potential coins, not shitcoins. It is not the number of coins we have held but the quantity and quality they have because this is the ticket to a successful investment. Diversifying not growing coins to more valuable ones like in BTC, ETH, and BNB would be the right decision.

In fact, I already did this before the end of 2023 while the price of these coins I've mentioned are still cheap and I keep doing this before the bull season comes.
If we do speak about accumulation for the upcoming bull run then it is really indeed that we do still really have the time on doing so. If you are an investor and having those past experiences on bull run event
or cycle then for sure they've been waiting for that particular time on that last dip before they would really be that accumulating. There are ones who are really that even minding about
those times could happen in between April-June i should say when it comes to that potential dip. Yes, thats halving event because basing up on the past then this is where usually that last dip could happen.
We cant really be able to assure that it could happen in the future whether it would really be repeating on the same thing or not.

This is why when it comes to risk factor then it would really be that definitely be just that depending on a certain individual on which not all would really able to bare up some
risks and thats why they wont really be making out such act and would really be just simply sitting back. Strategy for this 2024 then its impossible that you havent
learnt up something back in 2023, so adjustments is something that you would really be needing.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Distinctin on January 05, 2024, 09:55:03 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
You know it's easy to say promising projects but finding it is actually hard. Hence, sticking to bitcoin is the safest option and just continue to do DCA to maximize bitcoin portfolio.

Diversification is a good thing but if you are doubting other projects if they can still be the same with bitcoin, then I suggest just focus on bitcoin and just diversify your investments not on crypto but on other investments.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Jegileman on January 05, 2024, 11:24:09 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

My trading strategy will always be the same day in, day out. I am out to make profit on a daily so an event coming up shouldn’t determine how I will put effort into my work and earn myself some money. The plan is still the same, Invest in bitcoin using DCA method as usual, take some risk to invest in good and promising projects (altcoins), take profit when it has reached the maximum, eliminate the threat of greed in me and take good opportunities immediately they arrive.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: LogitechMouse on January 06, 2024, 02:26:47 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
If that's your plan then it's not trading, but it can be considered as investing.

By definition, trading is simply buying, and selling assets including Bitcoin. For me, crypto trading is buying a crypto for example Bitcoin, holding it for a few days hoping it will go up in price then selling it immediately for profits. You said the word "diversify" meaning you will hold several coins hoping that it will give you an increase. You're more of a holder than a trader if that's the case.

As for my trading strategy? I'm not trading basically, but I'm reallocating my total capital into some altcoins. Did sold one of my coins that gave me around 50% profit, then reallocated it into around 4-5 coins. I believe that the market will go even higher this year than it was last year because of the events that are happening. If I have some money, I'll buy altcoin for now. I don't want to buy Bitcoin because I don't want to store it in an exchange, and the fees is insanely high.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Lakai01 on January 06, 2024, 06:11:25 AM
[...]
If I have some money, I'll buy altcoin for now. I don't want to buy Bitcoin because I don't want to store it in an exchange, and the fees is insanely high.
That is indeed very painful right now. I wanted to "secure" a few profits from the sharp rise in altcoins in recent weeks and transfer them to BTC. However, the fees for withdrawing BTCs from exchanges are incredibly high, so I was frankly too stingy. However, it would have paid off in any case, as altcoins have fallen significantly against BTC, especially over the last weekend.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: tjtonmoy on January 06, 2024, 02:19:03 PM
For trading, I will choose BTC and this will always be my top priority. I have little to no faith in altcoins. They just show you promise and then can't deliver much. It's a different story with reputable alternative coins but hard to trust those new ones. Bitcoin being the oldest one and most reputable, gives me more confidence and having the privilege to work with more data also gives me an advantage in this field.

Trading with other coins? No! But investing? Yes! Bull run will start soon so better to diversify my investment portfolio with altcoin than to trade them.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: lombok on January 06, 2024, 11:09:57 PM
Approaching the halving and bubble party, I personally choose to invest rather than trade. Make purchases and holds, whatever the coin and project. Maybe Bitcoin will be the largest portion, because Bitcoin is the only one that can be trusted. However, this also does not rule out the possibility of other cryptos having upside potential.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: 2Pizza410000BTC on January 07, 2024, 01:26:40 AM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.
I don't have much experience in trading but I can't adopt any new strategy in 2024. In 2023, when the market started moving towards good, then I got success in trading, but in 2024, I am not getting success in trading. Currently I was trading with ORDI but I have a lot of losses as the market went down a lot. Recharging the market of ORDI did not help me but trading my own experience I am now in a lot of loss. But if I can recover my funds very soon then I will use some new strategy and trade according to that strategy. My strategy consists of selling when the market reaches highs and buying to trade again when the market is dumping again. I believe the market will go down during the after reaching the highs.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Mauser on January 07, 2024, 04:42:10 PM
https://bitcointalk.org/index.php?topic=5479373.0

A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

I have two plans for 2024. The first one is the most important one and I have the same strategy for quite a while: keep growing my crypto portfolio. When it comes to bitcoin I want to keep acquiring more coins for my retirement plan. In the past I made the mistake of  selling all my coins for a small profit. Not going to repeat the same mistake again. The second plan for 2024 is only for some small amounts that I can save each months outside of my fixed plan. It's  to make some short term profits while trading alt coins. For bitcoins I am still a strong believer of hodling and don't want to make my earlier mistakes of taking profits at the wrong time. Active trading is great to generate some additional income, I just don't have the time to do the necessary research to do trade my whole portfolio. Also diversification is important when trading higher risk coins, I would never put all my money into one project alone that isn't ETH or BTC.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Nrcewker on January 07, 2024, 05:02:09 PM
A lot of people have been asking me this question, so I thought I'd ask you guys the same. My plan is to diversify across promising projects, optimize with rebalancing, and keep a level head throughout the ride.

If you ask me then no strategy works the second time. What matters is your ability to adapt to the conditions. I really liked the plan to invest in multiple promising projects, but that will be too overhead if the market crashes. I would suggest you to invest in coins with large marketcap. Even if the market crashes, then these coins will have the ability to survive. At last, I will keep small milestones everyday and will try to achieve those. Once achieved, I will stop the trading for the day.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Mpamaegbu on January 08, 2024, 06:21:40 PM
My plan is to diversify across promising projects...
That's everybody's plan, to invest in projects with promising outlook but then it doesn't always end that way. Like they say, every boxer has a game plan before getting into the ring until they're punched in the mouth and the plan changes. This is where theory is different from practical and idealism from realism. Most promises don't get achieved that's why we've many abandoned projects littered everywhere.

Quote
and keep a level head throughout the ride.
Yes, that's important. As we approach the bull rally many who've been hodling all through the bear will be so excited and carried away to sell off once they see a little profit. They sell off only to discover later that they sold very low and begin to rue their action.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Webetcoins on January 12, 2024, 04:19:52 PM
I didn't make any such plans because eventually, execution matters. I did promise myself to cut down on expenses and save some money and so far so good and hopefully I can keep this going for the entirety of 2024.

Another thing is that I have stopped trading and buying meme coins because as lucrative as they sound, I was long a lot of money to these shit coins. I am rather saving some Bitcoins I earn from doing small tasks online. Let's see if I can accumulate a bitcoin by the end of 2024 because that's the ultimate goal to accumulate and save one full Bitcoin and never touch it.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Yamifoud on January 12, 2024, 09:22:00 PM
I am planning a lot for 2024.  Now I'm do not know whether I will be able to implement all of them.  I will try to identify and correct my own mistakes first.  I will invest a certain amount every day but it is in a small range.  I will not expect much profit.  I will try to be self-confident.  I have a lot of inexperience with the market, I will analyze this further.  I'm thinking of starting to use a trading bot, but I don't know how useful it will be.
Just pick one at a time and see how effective until you find one. But I will tell you that in trading is not necessary we have to use a lot of strategies, we can use one and focus on it. It is not just our strategies that will affect our trades, a lot of factors that cause failure or earning a profit. You can try trading bots but if I were you, just do it by yourself as you can learn a lot from your personal experience rather than relying on bots.

As for me, what I did last year will still be the same strategy I used this year. There might be some changes in the market approach as it depends on the situation but the buying and selling schemes remain, still choosing highly volatile coins.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: kojektea on January 13, 2024, 10:05:49 PM
The plan for this year is to try to correct new projects that are supported by many investors and not to maintain them in the long term, because I see the current situation is that so many new projects are emerging with almost the same innovation, what is the best trend is to follow and then stay Right, maybe this is my strategic plan for 2024


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: cute nmp on January 13, 2024, 10:23:40 PM
I am planning to use indicators these time around ,The Markets are not that good at the moment so i choose to use indicators for my day trading sessions .Good swings are hard to find these days hence my trading strategy may differ much from the one i used last year .Instead of using price action i will switch to indicators for this year.


Title: Re: What will be your trading strategy for crypto in 2024?
Post by: Crypto predictions avl. on January 14, 2024, 06:19:09 PM
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