It's the easiest to trade when you aren't trading

[Xinarae*]

I won't advice this to anyone because OP is leaving nothing and going full on when s/he cashed out and I don't like the idea of waiting for the price of bitcoin to fall down because we don't know when will it happen or will it ever happen and if the former were to happen then you are in a world full of pain and regret since you are buying bitcoin at premium because you waited for a dip that didn't happen and when you finally bought one, that is when the price dips and you sort of panic because you are experiencing a big loss.

I do agree with you, I have tried this one myself once and now the price isn't going down anytime soon and I am regretting what I did, good thing that when I sold my hodlings, I have a really big profit so it isn't overall as bad as it is but I won't be making the same mistake again.

It will be easier to trade in the crypto market if you can wait patiently it's a good time to buy when prices are going down. Traders who buy and hold currency at a higher price later lose money therefore if you have to buy at a lower price and keep it for a long time then there is nothing to despair if its price goes up you will get double profit. Those who have been holding bitcoin and ethereum since 2018 have made huge profits.

[awik p]

I won't advice this to anyone because OP is leaving nothing and going full on when s/he cashed out and I don't like the idea of waiting for the price of bitcoin to fall down because we don't know when will it happen or will it ever happen and if the former were to happen then you are in a world full of pain and regret since you are buying bitcoin at premium because you waited for a dip that didn't happen and when you finally bought one, that is when the price dips and you sort of panic because you are experiencing a big loss.

I do agree with you, I have tried this one myself once and now the price isn't going down anytime soon and I am regretting what I did, good thing that when I sold my hodlings, I have a really big profit so it isn't overall as bad as it is but I won't be making the same mistake again.

It will be easier to trade in the crypto market if you can wait patiently it's a good time to buy when prices are going down. Traders who buy and hold currency at a higher price later lose money therefore if you have to buy at a lower price and keep it for a long time then there is nothing to despair if its price goes up you will get double profit. Those who have been holding bitcoin and ethereum since 2018 have made huge profits.

Sometimes when prices fall, we are afraid to buy because we are worried that prices will continue to fall, it takes courage to take action, and we must be prepared to face risks. therefore an accurate analysis is needed, and we are required to learn for that

[darewaller]

Sometimes when prices fall, we are afraid to buy because we are worried that prices will continue to fall, it takes courage to take action, and we must be prepared to face risks. therefore an accurate analysis is needed, and we are required to learn for that

Honestly I am not having such a panic with bitcoins ever (but I had with all other altcoins for example recently when dogecoin was falling below 350 satoshi from its ATH of 780 satoshi, I was afraid to buy). The only problem for me is, I need to have excess money to make use of. Usually I do utilize all my spare money to buy bitcoins at dips and when bitcoin make lower low, I am simply turning helpless. Sometime bitcoin markets give me another opportunity by getting me lowest to lower at the time of my salary from regular job; but that kind of coincidence are not happening all the times. Most I miss dips or I may go buying slightly higher than actual dips.

[Quidat]

Sometimes when prices fall, we are afraid to buy because we are worried that prices will continue to fall, it takes courage to take action, and we must be prepared to face risks. therefore an accurate analysis is needed, and we are required to learn for that

Honestly I am not having such a panic with bitcoins ever (but I had with all other altcoins for example recently when dogecoin was falling below 350 satoshi from its ATH of 780 satoshi, I was afraid to buy). The only problem for me is, I need to have excess money to make use of. Usually I do utilize all my spare money to buy bitcoins at dips and when bitcoin make lower low, I am simply turning helpless. Sometime bitcoin markets give me another opportunity by getting me lowest to lower at the time of my salary from regular job; but that kind of coincidence are not happening all the times. Most I miss dips or I may go buying slightly higher than actual dips.

Common mistake because not all would really be that good when it comes on getting in and out in the market and that what makes it more harder for us to deal with.
Its never been easy on when to get out and when to get in when the price is cheap, we cant determine on whats the possible bottom thats why mistakes like these is common.
Thing here is that you do know on how to handle up risk and handle out your finances then youre still good.Profitability will vary on how someone
will do make out trades neither they do hold or actively trading.

[Traderbtcc]

Day trading is kind of hectic IMO, you have to check prices every 10-15mins, there's no peace of mind cause you are always wondering whats going to be the next move, I kinda gave up on day trading a long time ago, now I just buy the dip and wait for the coin to pump back up then I sell, at least I can sleep knowing I bought at the dip, buying the dips are alot more better than day trading cause day trading you could make so many bad decisions and loss alot of your capital in one day, but this method of buying dips and waiting for the pump seems to be the only trading system that has never brought loss.

[cheezcarls]

Long term holding is the easiest of them all, and I can’t agree more. There are some coins or tokens that I’ve bought and never touched it for a very long while until it skyrocketed a bit and would take profit if I am happy with it. Day trading isn’t my style, because it’s much more riskier and difficult. I can’t even commit to do full-time in crypto trading either, because it’s not going to give me a stable income as it has no astronomical guaranteed returns.

[taufik123]

Long term holding is the easiest of them all, and I can’t agree more. There are some coins or tokens that I’ve bought and never touched it for a very long while until it skyrocketed a bit and would take profit if I am happy with it. Day trading isn’t my style, because it’s much more riskier and difficult. I can’t even commit to do full-time in crypto trading either, because it’s not going to give me a stable income as it has no astronomical guaranteed returns.

everyone does have their own passion. Day trading may not be your style, but day trading is good for me because of the benefits you can get every day.
the profit of day trading can also be stable by doing a good analysis. You have to know where the market is going.

If you are good at long term holdings and you are strong hold on to the long term, that's fine too. But you have to be really precise about what coins you want to hold. You don't want to hold onto coins that don't have a good future.
Each strategy has its own advantages and disadvantages, only how we can maximize the strategy.

[bellicose]

An interesting strategy. I am of the opinion that you need to buy some coins and keep them until you reach a certain goal, then sell them. This is not necessary to do with bitcoin, you can also use altcoins.

[beerlover]

I am of the opinion that you need to buy some coins and keep them until you reach a certain goal, then sell them. This is not necessary to do with bitcoin, you can also use altcoins.

I guess everyone already into that kind of things but I'm not sure what you are actually referring to.

Everyone here is buying bitcoin or some other altcoins and definitely will plan for long-term holding with some target and will obviously make profits as well. But, OP is trying something reciprocal; they sold bitcoins and waiting for bitcoin market to crash so that they will buy back for cheaper. This way they will simply multiply their number of bitcoins.

Personally I'm not having any idea to short my bitcoins because I am afraid of missing out another round of bull run if I short bitcoins now or at the end of this year or any time. Just want to make sure that I will be having some bitcoin to cover any possible bull runs.

[shield132]

And recently, you know bitcoin become 40K, then 30K, yeah, I waited until 60K and sold all of my coins today Will price rise? Maybe but I'll wait for another great dip, at least for 70% fall. So, today is the end of my journey for a while.

Bitcoin went deep few days ago from 60k to 49k that was a high fall I hope you were able to take advantage of the price to accumulate more Bitcoin, I was able to top up more.

Trade rarely, don't make it your only profit source and don't trade often. If you aren't whale, you can't impact the price, so, not your game - not your rules

Trading is not for me I was losing more than I ever gain trading.

It's lower right now and I'll risk and collect some at the moment. Also, I think it may go as low as 37K, who knows... But it worths for me to buy right now.

The rule in trading is simple, it's really the simplest someone could imagine: Buy low, sell high. The problem is that most people buy at high and sell when all the hope dies for them. Crypto is a long-term, not a one-hour job. Always set stop loss on 1-2% movement, maybe you didn't buy at the right time? And it still falls? You will be able to buy more and get more profit even with some percent capital loss.

[zanezane]

An interesting strategy. I am of the opinion that you need to buy some coins and keep them until you reach a certain goal, then sell them. This is not necessary to do with bitcoin, you can also use altcoins.

It's how some of my friends do it, they buy some coins and park it and let it sit for awhile and watch the prices, hodling is pretty much the same as this one  since it tends to get long-term instead of a short-term stint, if you aren't good or don't want the hassle that trading has then you should probably do this.

[zanezane]

~

So we don't have to bother monitoring prices every day, and usually if we are right in choosing coins for investment. The holding of these
coins should be able to provide a large profit.

That's another problem that irks me, people are checking the prices almost all the time which leads to unnecessary anxiety in trading which leads them to doubt their decisions that can cause them to panic sell and disregard their plan.

[sumant]

Making money with trading is not a easy job. If you looking at any coin chart, a buyer in deep and selling at high points is the only ways to take huge profits but this guideline has no time frame. You have to hold for any period of time or your journey ends when charts at their green candle pick. If you put amount of money in this field this strategy will gives you all year profit at one time.

[elisabetheva]

An interesting strategy. I am of the opinion that you need to buy some coins and keep them until you reach a certain goal, then sell them. This is not necessary to do with bitcoin, you can also use altcoins.

If you do have enough funds, what do you say, of course we can do well, because we know that not only bitcoin is suitable for investment, but altcoins are also quite a lot that can be used as an investment.

but if we have not much capital, I think I have to think about holding bitcoin because its value is quite high even though it is currently experiencing the deepest correction. Likewise, ethereum is also quite high, it is indeed better against other altcoins whose prospects are also good and widely available and you can see on CMC or coingecko.

there is nothing wrong with being able to invest in a new trading company because there are many that are good and still look cheap and the prospects are also quite good, so there are many alternatives to stay smart, we first analyze as well as possible.

[LUCKMCFLY]

Currently the market is in a phase that cannot be clearly determined if it will be very bearish or bullish, for now many are betting that it is bearish, others say that it will rise in price that the recovery is imminent, others think that when BTC reaches The $ 40k will begin its ascent, but I think that now is when there is much more instability, or the uncertainty is very great, in these cases, I always remember the advice that Jesse Livermore gives in his books, which is, many times you have to be outside the market, because there is no clarity, the market gives opportunities to enter, sometimes it is wise to wait and stay out of the market when it is not possible to understand very well.

[gabbie2010]

An interesting strategy. I am of the opinion that you need to buy some coins and keep them until you reach a certain goal, then sell them. This is not necessary to do with bitcoin, you can also use altcoins.

It's how some of my friends do it, they buy some coins and park it and let it sit for awhile and watch the prices, hodling is pretty much the same as this one  since it tends to get long-term instead of a short-term stint, if you aren't good or don't want the hassle that trading has then you should probably do this.

This style of trading requires absolute discipline and patience because it is not that easy as a trader to wait for that long term before trading there is always an urge to trade consistently, personally as a day trader I do see many trading opportunities based on my strategy and can't wait that to execute it, if that work well for the OP I believed other busy traders can emulate that style of trading of course the OP had proven it profitability in a long run however the main problem is not knowing  the end of a dip when to buy.

[wahyu wida]

An interesting strategy. I am of the opinion that you need to buy some coins and keep them until you reach a certain goal, then sell them. This is not necessary to do with bitcoin, you can also use altcoins.

It's how some of my friends do it, they buy some coins and park it and let it sit for awhile and watch the prices, hodling is pretty much the same as this one  since it tends to get long-term instead of a short-term stint, if you aren't good or don't want the hassle that trading has then you should probably do this.

This style of trading requires absolute discipline and patience because it is not that easy as a trader to wait for that long term before trading there is always an urge to trade consistently, personally as a day trader I do see many trading opportunities based on my strategy and can't wait that to execute it, if that work well for the OP I believed other busy traders can emulate that style of trading of course the OP had proven it profitability in a long run however the main problem is not knowing  the end of a dip when to buy.

for short term trading, it is more difficult to put it into practice. requires skills as you describe. but for long-term trading, it seems easy, we buy and hold it until it reaches the target, but this is not that easy anyway, when floating plus, sometimes our psychology is disturbed by the emergence of a lot of debate in us, whether to hold or sell it. therefore even though it looks more relaxed, in long-term trading also requires a well-established psychology