Bitcoin Forum

.

Yes everyone follows the same strategy buy low and sell high. And they don't even care about candlesticks. When they hold, it means they are just there waiting but are already on the sell order to be filled which these sellers must have bought at a cheaper price.

Who wants to sell when the price goes high?  The answer, the ones who want to take profit. They could be the traders who learned pretty well in hopping from one coin to another.

A lot of people seem to be just gambling on these markets anyway. You won't get much follow through from ta on pairs like btcusd because you've got random manipulation to factor in if someone just dumps their coins or sends large amounts of coins in one transaction...

Not everyone has the patience to hold onto their strategies either which might be where a lot of the gaps come from as well as speculators just buying because they're dcaing or something.

That means that the only ones that will be able to win big in trading are the ones with the most flexible strategy. That's why I feel like I can't do trading because I assess myself to not be able to make a flexible decision on the fly and I have to find a way to control my anger and patience because I believe that it is useful if I am calm, collected and chill.

Common Investor and Trader Blunders (https://www.investopedia.com/articles/active-trading/013015/worst-mistakes-beginner-traders-make.asp)

That article presents some common mistakes by investors and traders. We repeat our mistakes many times and losses won't help us to stop repeating such stupid mistakes that are causes of losses.

It is a long article but informative and deserves your reading time. If you don't want to repeat your mistakes, read it and read it again whenever you have spare time. I don't wish you more losses but if you get other loses, try to read that article again.

Is Heiken Ashi what you are talking about? I'm not sure what your intention on using it for, but I think it's a practical candlestick that tells you the average direction of the actual price. It's a great way to be utilized if you are very strict in your rules in trading. No matter what the situation is.

I don't think everyone is following the same strategy, and it's just that there are two types of mindset that could be formed.

• Bullish Traders
• Bearish Traders

They are in a fight who would win, and in the long run, they are going looking to be the winner in every battle. What matters is going to be who's on top and who would win the market. It just goes to show that not everyone is following the same strategy but people are following the same mindset of the market.

If that strategy of doing the same as others is effective, why wouldn't we keep doing it? But as for me, I have my own strategy. If I want to sell, I will have no doubt to sell.
And if I'm going to buy, no matter what the prices are, I'll not care about it and will buy for myself.

No I disagree, I believe not everyone is trading with the same strategy if not we all should have been riched by now because the tremendous gains of the market in the past 6months should had made everyone trading or investing to be in massive profits but that's not the case.

We have those that are stuck in loses due to some decisions they must have made to short the market thinking a correction is on day way. You do know the spot market is just one way to trade on the crypto market and not the only way.

We have those stucks with millions of losses as a result of them shorting bitcoin after thinking one of its previous highs was the peak and we'll still have more victims as the bullrun continue until the whole fun is over then we'll begin to record losses form longers and shorters now been the benefitors.

We’re using the same indicators in trading but I don’t think we follow the same strategy to succeed on this market because we all have one, I assume.

Trading is not just buying and selling, trading will help you know when and what to buy, so having your own strategy makes you ahead of the others strategy, always know that if its a good project, there’s always a buyer and seller.

I don't think we can have all the same strategy but yeah the basics is we buy low then sell high but if you get caught up in the moment that you've got the wrong trade you may sell low before you get more downward movement from the market. We are different and unique trader/investors, therefore, we all have different approaches too when it comes to trading.

That is how the market run. Sometimes, you cant read the patterns and you have to anticipate what the hell are the market try to do by looking at a variety of variables. If you find a coin is overbought, will you force yourself to buy it? Or when a coin is super low, is it good to buy it? There are so many question in trading and you do not have to answer all of them. As long as you have profit, you do not need to make any conclusion of the market. Just trust your instinc

indeed here the most determining factor is psychological. we are afraid to cut losses, and tend to be greedy when we have made a profit, which in the end burns and self-regret begins. I am sure that people who feel like that will certainly find it difficult to survive in the crypto world

Well, the end goal is all the same, just that the medium may be a tad bit different from one another. Winning in trading means that someone else is losing after all, so having the same strategies isn't entirely the truth. The basics is buy high sell low and that's pretty much what most traders follow, but strategies, in the end, depending on how the market moves, aka how other trader moves. In the end, the best strategy is to depend on how you actually react to the market demand, reading it basically means knowing what the market needs and an easy access to actually profiting.

Another factor to consider is the timeframe. Some traders use short-timeframe such as 30 min, 15 min, and so on to make a decision, while others tend to use longer timeframes. It depends on their style and their profit target. In the end, not everyone will buy when there's a bull flag due to various reasons, and vice versa. After all, those are just probabilities, and not everyone is convinced every time a trend is formed.

The markets are volatile and unpredictable,because nobody can convince all the traders to follow the same strategy/tactic/behavior/buying or selling pattern.
The markets exist,because of a thing called "asymmetric information",which means that some of the traders have better information about the market than others,so they are using that information to profit.
Those "Japanese candlesticks" patterns you are talking about are NOT asymmetric information.This is just a lame pseudo-tactic,which is being sold by some fake "trading guru".

The strategy is different from every trader. Buying and selling is based on demand and our strategy guide us to rise and fall of the market. Basically it is not about our instinct but also our strategy to determine and confirm what the instinct or emotion is directing.

Someone is selling and someone is also buying. That is what happens in the market. And that is the reason why we are still alive.
If we miss one of those things, I don't know what will happen. But the good thing is that we don't have the same idea and mindset, and not all of us are willing to hold of the same time frame nor of the same target when to sell.

So it finds wrong that everyone is following the same strategy coz it is obviously not, and we're not gonna expect that thing will happen.

The biggest factors why people tend to follow the same strategy is that humans are herd animals, we feel much better in groups. The same goes validation in our ideas, we are rather looking for arguments that support our theories than for arguments against it. Personally I never used Japanese candlesticks, but I use other form of chart analysis. These are tools we can get for free and I think many others are using them too for trading. As for the buyer for when we try to sell, there are also some kind of traders who try to swim against the current. So every time you are selling, they will try to buy, and vice versa.

That means NOT everyone is following the same strategy. Or even most traders are following same strategy they are not following same timeframe. (hope you are aware of how different timeframe leads to different analysis and different interpretations).

When you are selling someone else is buying as per their strategy. This doesn't mean you are right and the another trader is wrong because you both may end your trade in profits as extension of same trend is possible after your selling.

Shapes in markets will vary along with different timeframe which makes even all traders are following same strategy leads them to react differently at one particular point of time (like you sell but another one buys).

Everyone has its own strategy when it comes to trading that they think are worked for them. But we do have some common strategies here like buy low and sell high strategy, well I guess this is a common and basic strategies that maybe some or most if us are applying. But in some aspects or some strategies we have our own kind, and that doesn't mean that this kind of strategy are work with you will going to work with other. That's is why in trading you must keep yourself updated and educate.

I do not find any specific reasons why some strategy will be working for you and not for others. If you keep using one same strategy for years then you may find that will not be getting you profits over the time as market conditions may got changed which makes your old strategy inefficient and when people copy that old strategy will definitely feel like what you have mentioned above.

I am not ready to agree with OP neither. I am sure every trader must be having their own customized strategy to crack profits from this crypto markets but basically we are all doing buying at low and selling at high which doesn't mean that we are into same strategy.

...while others are also emotionally driven in their trades that is why they just can't seem to hold their coins that causes the lose of patience on whatever the strategy they do.
Back then, I learned almost all the fundamentals like candlesticks and Bollinger Band indicator, but I was emotionally driven that time in my day trading and it just cost me a lot.

Not all traders follow the same strategy. Every experienced trader uses their own trading strategy. The direction of the market movement in the coming days depends on many things. You will not always be able to predict the correct movement of the market just by looking at the candlestick, it may require fundamental analysis.

So not all traders look at the market in the same way, there are many traders who look at the market differently and have different systems to analyze the market.

One thing you should always remember is the reality that Using the same candlestick or trading charts is not the same as following the same strategy with others; they are distinctively different. As traders, we all have different means of interpretation; and ofcourse knowledge, so even if we use the same platform to analyse trade charts, the method used to analyze the chart differs; likewise the interpretation too. So the true question are, what is your trading strategy? do you understand how to interpret charts correctly?

The same as we are individually different in what we think about the market. Just like to see that someone had lost in trading and someone wins, this could be enough to say that we are having our own trading strategy. And the fact that this is consistently be seeing around meaning that people had never changed and they keep their own way forever. That is what we called uniqueness and we are created of different instincts and levels of understanding.

we could not predict how market will going to , i am prefer to use possibilities that may happen to market. in ever movement , it could move up or down , but the possibilities could analize by previous price history. some traders use price data history in pas so they have price level that pullback or bounce.  each of them have their own technique to find possibility , and could be right or wrong depend on how we see it.

We do have different way on handling out things that we are involved on and its true about uniqueness which we do keep on searching it and trying ourselves to sustain
and make to be profitable specially here into this market.Following someones strategy might really be effective or not because it doesnt always mean out that
if it works on them would definitely works on you which isnt always the case.Be mindful on how you do gonna handle yourself into different situations
basing up with your own experience and skills.

Before it happened, there was no such thing as predictions for sure. Everything is possible. Because we will not know exactly how the market will move later, it could be that your prediction is correct, but market conditions suddenly change, and eventually deviate from your prediction. It is different if the prediction has happened and is true, without evidence that everything is possible. But with that possibility, we can use it for what action to take. Through predictions, we can find out what market conditions will happen next. With the provision of charts, you can predict through it, along with the candlesticks. We better anticipate future risks through action, namely predicting. Even though it is only a possibility, at least this can be one of the points where we can make a decision as to what action we should take later.

Price action happens to answer your questions. This involves the movement of price over time. For price action traders candle stick formation means a whole lot because the market tends to repeat events of the past. And different candle stick tells different stories about the market.  For a full candle stick formation we get signal either to go long or short meaning either a reversal or a continuation. For short candle stick with long wick we get a reversal signal telling us the market is about to start a new trend. Paying closer attention to this keeps you constantly bullish

Indeed, there are a lot of factors that could affect the market that is why there will be times that even if we predict the movement of the market through candlestick there's a chance it might not happen. That's also the reason why some traders not sticking up to their strategy. Predicting the market through candlestick might able to give you the exact movement but this would be better than have nothing and guessing a random prediction like gambling.

this is a naive view of trading strategy, or the common mans trading strategy. the wise man buys dips and holds always, because the value of the commodity will increase according to inflation, thus maintaining and even growing in value relative to the investment. if i am gaining interest on 2,000 in the bank, my money loses value due to inflation. but if i place 2,000 in a strong stock or crypto, in a year it may be worth $2,400 , maintaining its purchasing power despite inflation, and thus the real value of my investment is maintained.

Yes, it’s right that everyone use the same strategy if the strategy is "buy low sell high". But I am Pretty sure that people are not the same strategy what you described in OP. Even I guess about 50% trader don't follow the the chart properly, can not get how to realize buying or selling time by reading the candle stick imo.

By the way, always make the dump who has basically huge capital and little percentages is ok for him. They try to get the profit at soon as possible before others.

Actually not everyone uses the same strategy, tho the rule of the market is to buy low and sell high, but the fact is not everyone looks at the market same way at a particular time, Most standard traders uses technical analysis while some people just wait for a fall and boom there jump in because the rule is to buy low, and on the other hand there are people who will just jump in at any point regardless of the present market price, this set of people are just actually gambling with their funds thinking there are trading. This actually shows not everyone uses same strategy to trade.

Yes, there are different types of trader which includes gamblers also. Only very few people are using technical analysis to buy and sell and most other than just a gambling because they are taking decision at their own wish. Like you have mentioned, as everyone is trying to catch low, it is seeing like everyone is following same kind strategy but there cannot be such thing to exist because market is too vast and trader knowledge also too vast so there are big chances for everyone to follow different strategy to catch same low prices.

That’s why you’re being told that there is nothing like certainty in trading cryptocurrency, it’s all probability, so you do your research or analysis, and you feel like something is likely to happen based on the result you have gotten and you place your trades based on that, but you can’t say that you’re hundred percent sure that that’s going to be happening, if can still go the other way and you will lose.

But that doesn’t mean that you should neglect all these things, because they are all useful, you still need them to be able to trade properly, if you don’t know them then your risk of losing is at high rate. Like they say, no amount of knowledge is a waste.

That is true. Charting with Candlesticks and other chart patterns are literally textbook examples and everyone has been following it for a long time. So much time these patterns can change into becoming self-fulfilling prophecies since many people take time to understand and apply it well enough. All traders that I know of will just are on the lookout all of thr time for either those candlesticks ones or the full chart pattern. These are self-fulfilling prophecies that work most of the tume. Anytime a patten suffices, if it is a bullish one, people buy instead of selling.

simple teory for buy low and sell fact, but i see there still alot trader do the opposite. most of them buy on high and sell it on low. they still panick when see price drop sharply and suddenly. from this point, they must prepare well mental and psychology. every people have different way how to spend their money in cryptomarket.

I don’t follow anyone’s strategy because that wont work for me, I’ve created my own trading strategy based on my own timeline so don’t ever think to follow any strategy, better to create your own and focus on that. Don’t get any pressure from anyones trading strategy, that is not good in long term.

Every strategy differs from person to person and I think telling people not to follow any strategy is not a bit of good advice. They can try other person strategies especially on the market we are having right now, If it work then it's fine. Using someone's strategy doesn't mean you need to stick with it. There are different strategies that apply to every market scenario and if you know many strategies, The confidence and the winning chance you have will rise.

No, every traders in this world has different mindset,  different experience,  how many years has spent in this industry. These factor always differ from one to another. newbie has their own strategy of trading. I dont used anybody strategy because this gives me loss also so be prepared for himself for your unique style.

Yes there are a lot of other factors are also available which are definitely affecting how one person in trading with the different market condition and developing his strategies. So, it is not at all making any sense to assume that everyone in this crypto world are trading along with same strategy. Even people are following same kind of strategy, there are multiple fine-tune options are available with same strategy which might lead them to the having literally different strategy even the name of strategy is same.

I may agree with OP if we assume that everyone is preferring to buy low and sell high which means that everyone is following same strategy.

But, we need to remember that to consider "low" there cannot be one single price levels. It means there are lots of "low" prices are available. So, even people are following same, strategy they do not need to be buying or selling at same price levels.

Well not everyone is that different because I believe that if someone was doing a strategy that works like a charm and they showed it to other people, I am pretty sure that many people will copy that strategy. It may differ at first look but I am sure that in essence, each strategy is almost the same.

These can of prediction based on shape of price chart is like self fulfilling propechy, people believe at certain shape it's gonna rise, they buy therefore making the price rise reality but as the saying goes there's always an outlier right? where someone definitely gonna go against the flow for certain reasons because there are various minds out there and some of them may not even believe that such thing as market movement analyzation based on the shape of the chart really gonna work.
At the end of the day even such strategy didn't always work basically stay true to the fact that the market is rather erratic. If it always works, anyone who know the method to predict based on the price chart shape would be billionaire.

That's ok to follow anyone's advice as long as you still validate that advice if it will work to you or not. You should not be limited by your own knowledge because its also good to follow someone's advice, that's why its ok to have mentor who are willing to help and guide you. Personally, I enrolled on trading lesson which the facilitator gives advice and strategies that we can follow, and it works. Everyone might not following the same strategy, but we are dealing on the same market and we are trying to wins on our trades.

Everyone's strategy may be the same in one means or another: buy low and sell high. But I don't assume everyone interprets that. And whether everyone's strategy is the same or not, everyone's purpose is to bring about a profit. So let's make a profit in a decent direction. Even if the strategy is not one, if it is profitable, it is nice for one's intellect. And even if it is a profit, what is the fault !!! 

I do not agree with this, the goal of everyone is the same and someone that tells you they are not interested in making profits is outright lying to you, but while this is the case and this means everyone wants to buy low and sell high people have different paths to get there.

However we know that there are strategies that are very popular like the reading of candlesticks to try to determine future patterns but as far as I know those strategies while easy to understand for some people are not really profitable and it is one of the main reasons why we see so many traders losing their money in the markets.

Every trader has a different strategy to each other except the "Buy low, Sell high". Every trader have put a different price value in the market that's why the flow of buying and selling are continues. Also, every trader has a different mind set and learning method in trading. You can understand the market and graph easily if you have enough knowledge about it and it was a very good strategy you can be use to earn huge profit and to avoid loses.

Strategy are pure luck to be honest.
It can make your life hell anytime from heaven.
And i am glad to know that your strategy working till now and giving you profits all the time.

But generally i just buy the coins when some popular crypto influencer give signals about the coin.
Or just check the twitter with that coin’s hashtag. And if more people recommend to buy it with a good graph, then i just purchase it.

Wish you goodluck OP.

Obviously they all want to buy low and sell high, but no one can be sure of when to buy and sell.
In fact, we are betting on this market, trying to analyze the market and find ways to make a profit.

The cryptocurrency market is changing every second so it is difficult for people to stick to the tactics they set out.
It is very easy for new traders to make mistakes when they see the market develop or go down, and it is easy for them to get Fomo in such cases.

Yeah, only those people who know when to buy and where to avoid will able to bet on this market profitably. I agree analyzing the market must be the key for everything. You need to be fully skilled to analyze all market conditions otherwise we may miss one or two market influencing factor which may lead to losses in the end.

FOMO is something, we cannot avoid because when market enters into big hype then everyone will rush for their profits which is the reason leading to FOMO. When FOMO gets in, we need to agree that everyone is trading for same strategy.

@OP, if you're talking about patterns, then yes they do occur every now and then but the fact is that, even those patterns can't guarantee you an assured (possible) rise/dump in the price of an asset that comes under the crypto category because crypto is full of surprises and you only see rise when there's a lot of FOMO due to some small traders as some whale tries to move the markets upwards. Same way it is for the downtrend when a whale starts selling, others too start panic selling the asset which actually moves it more downwards than it was expected to go if it'd only had that one whale seller's whole trade eaten up by small traders in parts.

I agree with this. If you read others opinions that is a valid research, it should be part of everyone’s research and everyone should do that, however if you just read what others say and make a decision based on that? That would be horrible for you in the end, even if you get lucky a few times then you will end up with a horrible situation in the end. So that means we should be doing our own research and reading what others say is one part of that research, we should also take a look at the finances, codes, security and many other aspects of any coin so that we would be good to know what we can do with it.

There is really not that many different ways if we could change that, I am sure we are capable of finding that "right" one according to us and make a profit a few times over, maybe even make a 5x return, take out our capital, so pure profit, but then realize even they are wrong sometimes and lose money.

This isn't as direct as you're making it look here with candlestick patterns. I follow candlesticks as one of my leading signals. What you described above with the pattern has to be factored into the different timeframes on the charts. Remember that what the candle at Daily Timeframe signals may not be the same with 30mins, 1hr or 4hrs. It's likely to be different at Weekly and Monthly frames too. So, it depends on what TFs different traders are looking at before triggering trades. That's why while others are selling, others are buying.

My strategy works perfectly for me although there are more times that I regret that I sell earlier but still I got the profit. If that strategy of works for you about getting some signal with those crypto influencers, it's all up to you.
But I'm mostly avoiding that type of strategy because FOMO is being built on that.

every trader has the same mindset and it is to earn from thier trades but not all are using the same strategy .
newbies use common strategy because they are easy ex. buy low sell high but advanced traders can have a different approach in to the coin ex. they buy high and sell high .
if everyone follows same strategy it will be easier for manipulators to manipulate this market but wise traders already think of it before they do and they try to be different .

Yeah, probably newbie traders might be using same strategy due to lack of exposure toward bitcoin markets and its volatility. But, I am not seeing that as a disadvantage. Because, when more people take same position then market will move on that direction for sure. I mean when everyone is trading same asset and buying around same price levels.

I do not think so. When everyone follows same strategy and same kind of signal then market will trade too strong with decent volume which will make harder for whales to manipulate. Only on weak volumes, whales can easily manipulate.

The fault that I can think of is that people wants to be the special one and that they don't want other people to have the same strategy as them even though as @kolbalish says, we have some minute difference in strategy, it makes them less superior.

When we are not aware of what are the traders are doing, how we can be different from them? So, there are chances for being same like everyone will be following similar strategy and at the same time everyone might be having slightly different in terms of time frame or longer/shorter moving average tools or anything similar will be possible here.

I don't think being different will be leading to superior here in trading because when we are commonly having same strategy with most other will be having better chances to be into the direction of market rather than being unique might lead to trading in the opposite direction of markets.

Buy low and sell high is indeed not enough in trading, that's too plain and simple which is not the real situation in trading. Yes you can buy low or sell high but you can't know if its already the low price because you didn't analyze well the chart ,so technically this is where indicators will being used to see the future trend of the market. We all have the same goals in trading, but I don't think we are following the same strategy.

It is to believe that everyone here in trading wanting to gain profit, not to lose. We might be saying that everyone does the buy low and sells high, and apparently, it was the common strategy we use but you don't wonder why not all have been profiting. Because not all traders are consistent on it. Sometimes we've been influenced by our emotions and leads to panic selling. It finds very common since not all of us can take the pressure in trading.

I think the low price to buy is the price in the support area, sometimes in our eyes there is some support in the market, so if we want to buy then buy it at the support support, even though it is not a guarantee to always profit, but has a great opportunity to create profit

People buy and sell to make a profit. There are many different strategies for exploiting profits and tricks in trading.
If you are new, actively learn because there are many trading methods and many markets to make money. Always be careful and find yourself a direction, a method, do not try to pursue things that you do not understand.

That's impossible that some trader isn't aware that there are other traders out there. Yes they may look like different but I think that in essence they are the same.

Yeah, everyone is following same strategy. Because,
Everyone tries to buy at low and tries to sell high.
Everyone is aware of technical and fundamental analysis.
Everyone is perfect in risk and reward management.
Everyone is able to be disciplined while trading and able to follow their plans.
and also
Everyone makes mistakes due to their greediness or panic.

If you consider everyone is into same kind of practices then in common view, everyone is looking like following same kind of things. You can simply copy them or customize few of practices according to your capabilities still you will get your own level of chances to make profits.

TA = self fulfilling prophecy
everyone seeks opportunities, which looks like this:
they heared or read something, that is bullish
they heared or read something, that is bearish
they ve friends talking pos or neg.

they form an opinion weather it is time to buy or sell.
now every person has other sources, experience, emotions, friends, news.

=> At any moment in time 2 meet who have opposit opinion and thus a trade is fulfilled.
Price indicates what those 2 parties 'agreed' on.

Because of everyone is following same kind of practices, we cannot consider that everyone is following same strategy. Because, strategy is something which is aiding you to make profits in trading that will definitely differ trader to trader hence assuming it is same is not making any sense even we are all tend to buy low and sell high.

I assume if we are all following same strategy then market will enter into bull trend more easily and then will enter into bear more quickly. Because of we are all following different strategies, bitcoin market is slowly entering into bull market and then slowly entering into bear markets.

Traders views on candlestick patterns are different. trader A might see a bullish engulfing candle which indicates a buy signal whereas trader B might decide to sell at the zone mainly because the price is at a resistance zone where sellers might push down the price above all traders view price with a different perspective consequently when some traders are making profits as the same point in time some other traders are losing money.

No tricks or method will work perfectly in trading as you can't guarantee that it will work for sure. If you can't understand what you're doing, don't do it as it will surely lose you money. You need to learn and improve yourself, do not be scared to lose initially as it was natural to fail at the start. After a few weeks, months, or a year, you will certainly be good at trading. It would help if you focused on it.

I think mastering first the basic about trading is very important. Never get boring to learn about the basic of trading.  Sometimes the small details makes a huge mistake in the end. It the same strategies, and indicators but I think in traders mind it's different. Different traders have also different mindset in their heads, they have different perspective how they can get profit.

In trading, everyone expects to buy low and sells high. I believe that it is common thinking for all and we all want to gain some profit from trading. Strategy will not same except it. Other things can be different but expecting Profit from buying will be same as I believe.

It is like this, I never follow anyone's instructions, before I used to follow the signals of many groups on telegram, but the success rate has not been the best in these cases, I lost a lot of money following them, the strategy of buying low and selling high is what is always sought, the case of investment is something else.

I think this has got to do with the biggest investors like institutional investors, single millionaires to billionaires against us, the middle to low level investors are just the cream layer of cake! We don't exist for long period of time. The cake's hard base is the first one I mentioned who are always there to profit from the biggest wave and not the small ups and downs. Those happen because they make it happen by loosing little share of their investment. They know very well we will invest again when the rates go down and thus market will naturally come up, give them the investment back plus the profits that they will book is always premium one. May be this is how the whole thing is running these days. In the crypto it's even easier because its decentralised and no one can cap the prices.

We shouldnt let ourselves to be blind like that because it would really be giving out that regrettable feeling after committing those kind of mistakes.
Always follow your own way when it comes to trading and investment where you do formulate your own and its not bad to see or check others analysis as well
and would be add up into you and this is what im doing ever since.Dont close your mind or limit out the probabilities of learning something new.
As long it could help you out then that what matter most.

If the market was predictable, then everyone would get a profit and there would be no those who lose money here. But at the expense of whom will the profit be made, if no one loses money? Therefore, there will always be those who make a profit and those who lose their money on the market.

That must be the basic mechanism of trading but I do not think it got anything to do against the strategy that we are using should be same or not. If everyone is using a perfect strategy (do not need to be same) then who will lose to give away the money? It means, a perfect strategy today may not remain same tomorrow as well to assure profits everyday. So, there cannot be any perfect strategy with respect to market volatility.

When there cannot be any perfect strategy then how we can assume that everyone will be using same strategy? So, everyone might be following different strategy, it may be same still cannot get us profits in guaranteed way.

I agree. While everybody goes on about buying low and selling high there are a few people who can actually take the time to understand when the market is at a low/high to react accordingly. That said, everybody hopes that their strategy works but in reality most are guessing and only a few get lucky. Though experience is what builds a trader.

Following the same strategy is not a good idea to do as an individual traders here in cryptocurrency.
It is still much better to apply the natural way of trading in crypto space, aside from that most of the time
when you do the same strategy you will never learn and understand what really trading is in this filed
of business anyway.

Well, if the strategy is profitable you will not change it! Natural or artificial, simple or complicated... you find what works for you and you do it as long as the strategy works and brining profit!
Of course, it's hard to believe that any strategy can work for a long period, but like in everything else I believe there're exceptions here, so probably some people are doing the same thing for years, and that is still profitable for them!
It would be foolish to think that everyone follows the same strategy, it would be better to say that we all have the same goal, to make a profit! But how we get to that profit is a different story for each of us!

There are very very less possibilities for same strategy to be working for years because market conditions and market fluctuations are improving and varying over the time which makes most of the technical analysis need to be improved or modified according to different market conditions. So, more of technical strategies will not work for long periods in crypto markets.

I don't agree that it is not kind of foolishness because we are all working for making profits by buying at cheaper levels and then selling at higher levels which makes some people are assuming like we are all into same kind of strategy; and I am not seeing any wrong with that.

We are individually different, so we have to expect people have their own. Because even though you use a copy trading strategy, can't expect that it work for us. Therefore, it is to say that some are going to succeed and get profit, but there are also some traders to failed and lose.
Here in trading, it is very important to have our own strategy so there is nothing to be blamed after.

I wonder why the OP contemplate everybody to be following the same strategy whereas in crypto trading alot of people make decision footing what they believe will be the market next trend which is the reason why some people contemplate crypto trading to be gambling.

It seems like that everyone is following the same strategy for it might be the easiest way to cope up on surviving the highly volatile market we ars trading with. We are not just after a handful of profit but we are also striving hard to survive as well as to earn while doing such things. Strategies might be the same in every person but there comes a time wherein it is up to you to defy the accustomed way of dealing the market by doing your own strategy because risk takers are somewhat having the upper hand on being brave enough to get along with the market. The successful traders are the ones having the flexible strategy that is intended for earning and surviving.

When you sell someone is buying! Your sell strategy is someone's buying strategy! So it's foolish to think that everyone follows the same strategy!
I can't simplify this anymore, I hope you understand now what I wanted to say! Each of us is trying something, but our tries differ from each other, and that is a fact! I explained above why!

You don't see any wrong when you buy low and sell high! But someone bought that high and sold that low, so from his perspective everything is the opposite!

Good luck, I hope I cleared some things for you!

What you mean by natural way of trading? I have not heard anything like that. Following the same strategy can be a good idea because it will create strong buying or selling hype at one particular time as more number of people will be following the same strategy to buy or sell. In my opinion, strong hype is always good one to have.

I understand that you are referring about following trading signal from one provider. But, I guess that is not the case what OP is mentioning here. Even we are trading individually and not with the help of signals, as per OP we are following same strategy which can be buying low and selling high.

Most of the traders may accidentally have the same strategy, but each has a different execution time. After all, every technical analysis does not deduce certainties, but in the form of possibilities. Traders have to choose between the two which will happen next.

And the main factor in the difference in the results of trading analysis is the trader's emotional. Emotional can change strategy and even forget about it.

Especially on a newbie where they are just equipped with a minimal knowledge in crypto like about trading or investing, then the reviews, the sbared knowledge and strategies will be a huge help for them to be able to start or to figure out which strategy best or suits for them.
Of course I do believe also that there's no such strategy that works for a long term, when yoh found out the strategy isn't work well then you will definitely find a new strategy or just improve your strategy.

Follow what you think is the best thing to do. Do some tests depending on the trend and see if your success rate is high on that chosen strategy.

Same strategy but the actual application of it varies per trader. That's where the challenge is.

I agree with this. Even all the traders' strategies are looking similar, they must be having different perception which means handling market situation and level of profit targeting definitely will differ trader to trader. So from all these, we need to conclude that even all traders are doing with same kind of strategies, literally they are performing differently. Hence, there will be no meaning of assuming like all traders are all following same kind of strategies.

When people are selling the real investors will buy them, when people are buying the real investors are selling them. ;)

By low and sell high but no one can predict the low and huge in the speculative market so they create the market movements by manipulations and they are doing opposite to what most people are doing.

The strategy that most people apply because it is the most common and simple way of doing it, which distinguishes it only when the market situation does not match expectations and will change the strategy that has been planned.
Trading is not easy if we don't have the knowledge and experience that will make a good strategy even though that is not a guarantee because the market is difficult to predict and must be done in full time. so as not to miss the best moment to buy and sell.

Some are selling while some are also buying. These are the things that we have to see in the market. If we have to analyze it carefully, every buying and selling corresponds to an opportunity to gain but if you are not knowledgeable on this, no doubts that this could also a reason for your easy loss. That even we have to follow the strategy BUY LOW AND SELL HIGH, this never works all the time it is because not all of us are strong hands, many were still very weak and they often change their minds once hearing fake news.

If everyone would be following the same strategy then the crypto market would be easily predictable but that isn't the case right.
It's hardly predictable. So many people speculate crypto prices but in vain. At the end, some strategies work and some people lose their money.
Only if a person loses money on one end the other can gain except for bull cycles where everyone is making money  ;D

Well, from what I've seen everybody tries to follow the strategy but the difference is still in knowledge and market reading.

Not everyone has the skills to execute their trades at the right moment, and this is why sometimes you see a lot of panic sellers dumping the market but it is the nature of trading.

Would really vary on someones skills and decision making factor because these are the things which are mainly needed on dealing with a volatile market.
Even lets say you do copy others 100% but execution would be entirely different which means timing on every buy and sell wouldnt be similar or to be precise
which means results or outcomes would really vary on each person so i cant really say that following 100% on precise manner.
There would always be a difference in between.

It is still better to do the organic way dude, unlike copying others strategy here in crypto space.
In short, don't just get easily believe in the influencer explanation about in trading on youtube tutorial
video, because most of them are not telling the truth and mostly based on their opinion and assessment
only for sure.

Yeah, that is how a lot of beginners are doing and even me because I am not an expert trader so what I do is only buy in low and sell in high, but with this thing I only earned money so I stopped doing things but instead of quitting this I turn this strategy in investment but for a long term, investment for a long term and buying it in low is such a good thing just make sure that you can hold it for a long term to have a huge profit.
Yeah, but actually copying others is also good especially if you are copying an expert one but how long it will go? there is no assurance that you can copy his trading habit every day, you should make your own research to learn and not rely on other traders.

There is no wrong with copy trading, it is very important when you are new in trading and still on the way of the learning process.
Because in trading, is not all about if you have your own strategy or you just follow to someone but the most important is you will see that you are in profit, you can see yourself that you are improving the way you make trades. In fact, many people had made their own way, creating their own strategy but why they still never succeed?
I could say that better to play ourselves the way we are comfortable of doing it either copy trading or not.

- Agree, the strategy created by us does not escape the scope and purpose of profit, why don't we try to copy or even become a perfect part of them, many people try to take a different path and are afraid to copy the works of successful people and make themselves a genius in the field of creativity but they don't realize they have gone wrong and destroyed their original goal. Trading is a very practical field and our competence will be recognized by profit, regardless of the origin of the strategy.

The heading of the market development in the coming days relies upon numerous things. This doesn't mean you are correct and the another merchant isn't right since you both may end your exchange benefits as expansion of same pattern is conceivable after your selling. The heading of the market development in the coming days relies upon numerous things. You won't generally foresee the right development of the market just by taking a gander at the candle, it might require key examination.

Even professional people sometimes mistakenly analyze, but the most relevant thing is that we trade following trends. I don't think it's a problem if we follow the analysis of more experienced people, but at least we know the reasons why they decided to take the action

Yeah, you are right, and only the exchanges got the benefits, not traders. This is to remind us that whatever we do, we use to copy the same strategy or not but in the end, we come out with different decisions base on what we understand, not because we follow others.

---

there is no need to argue if that is right or wrong, what makes it important is we all learned from that. And to know that losing is not a thing we have to worry about as it was a part of trading life. If we want to minimize this, then we have to improve our knowledge and skill, and no just relying on other's works.

Weak Hands that is what I am mentioning as people who are doing opposite to the successful traders, it doesn't come easy to us so we should be ready to face the challenges and the losses too since no one can have 100% success and profit trade in their trading career.

I think it isn't just copy trading that it is more like hype trading. Crypto is still usually hype driven. So being early and following the hype will make you a good profit almost always.