What's your trading strategy?

[dg2010]

Nice a question!!
A lot of beginners need to know more about trading
So, I would say that my best and the only strategy that most people get benefit from is to buy the dip and HODL.
And wish you all the best guys!

This is a simple strategy that everyone understands when entering this market, but to apply it, you will definitely need a lot of knowledge about trading because the market is always volatile. I am not good at trading but always know the time to buy a cheap price because if you can choose a good price to keep, your chances of making a profit will be very high and can completely double the profit after short time.

[barbara44]

I try to purchase as much bitcoin as I can with my savings every month, this means that I have bought from $5k I have bought from $7k and that also means I did buy from $12k as well, I buy at every price all the time, if the price continues like this I will buy from $10k as well, obviously it could change until I buy, but whatever the price will be I will buy from that price. That way I have a lot of bitcoin, and I have a good savings account and in the future, 10 years from now 20 years from now if bitcoin worths a ton of money, like $50k+ that means I will be capable of retiring early.

I know that people are after buying one coin and suddenly being rich but my method guarantees an early retirement if bitcoin keeps going up in the future, instead of risky trades today.

[alan2here]

I am not an idealistic trader, I like to sell when it is profitable...
my strategy for not losing when trades -> not to sell below the buy price. I've tried to be a day trader but I can't profit because I don't have much time in front of the laptop and are too busy in the real world so I choose to become a trader who will only sell when it makes a profit.

I am just like you and don't have much time to track that coin at all times.

In my opinion, it is possible to switch to short-term investment as this is a very popular way for busy people and you should set a sell price after buying as this will help you to avoid a lot of risks. However, you need to choose the most appropriate time to invest because if you choose the wrong time, you will definitely lose a lot.

[LimLims]

10% of active traders beat the market, and of that 10%, just 10% of them beat it to make it their profession. We're the 90%. The plebs.

The only path to success for plebs is to, buy the dip and HODL.

Absolutely right and i completely agree with you.
But still there's different strategies performed by different traders in order to yield maximum profit.
But for a newbie trader they just invest in volatile coins and often faces losses.
IMO the best strategy would be to just watch the movement of the coin for a great period of time and at the right time invest to become rich.
Hope this clarifies something for you OP.

[Leonard2016]

I would say more than 90 percent, almost 95% of day traders go in loss , if they can close their day orders, the biggest profit goes to early investors, the seed investors, and private investors, I remember when the seed investor of $plt , who bought it on 0.01$ dumped it on pleb and gave it a 50% loss from 25c to 13c , and seed investors were still in profit 

[Myleschetty]

I would say more than 90 percent, almost 95% of day traders go in loss , if they can close their day orders, the biggest profit goes to early investors, the seed investors, and private investors, I remember when the seed investor of $plt , who bought it on 0.01$ dumped it on pleb and gave it a 50% loss from 25c to 13c , and seed investors were still in profit 

You are corrclect about the early investors and private investors to be the biggest profit earner but if the profit is not successful they are also the one that bear the lost and what determine day traders level of profit is the market trend and the current market is good for patience day traders to make profit.

[Becky666]

Trades strategies don't actually work for low market Shakers but big whales. Haven been into trade but can't find a successful strategy for a long-term, so, personally I choose my own strategy for trade which is: buy low and sell when it high. The dip is the best place to buy cryptocurrency, if you're not among the market Shakers follow my strategy.