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Author Topic: Bitcoin trading strategy  (Read 13698 times)
jonosutio
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July 01, 2017, 11:05:47 PM
 #241

Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
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July 01, 2017, 11:20:06 PM
 #242

Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
The same with my strategy, first of all I will choose the volume of which altcoin market is bigger Because it will determine the fast / slow process filled order. Then I will see the last 1 week price movement, then determine what you should do to buy at what price
TheCoinGrabber
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July 02, 2017, 12:14:39 AM
 #243

Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?

That's why it's all about risks and facing it the moment you invest on a coin.

We are the one who will build our trading portfolio and not by the suggestions of others. To make profit, create an own analyzation about what coin you will invest. It's our duty to make our plans be better and will run for long term.

I'm afraid I'd fudge it. There are so many coins out there, I don't even know which to start researching first.

Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?

Knowing what will be the next coin to pump is not that necessary. You need to know it by yourself and update every single coin that gets your interest. It's not that hard to read a single article about that coin that you think has the potential. I guess 5% pump is already good for you to sell and it is not that hard to look for that coin.

I still get confused with the chart in Poloniex. Are there any indications that can be looked for to see if an alt is about to be pumped? Cause the coins I bought before, they are usually just flat line and then boom, sudden spike.
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July 02, 2017, 12:31:25 AM
 #244

Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
The same with my strategy, first of all I will choose the volume of which altcoin market is bigger Because it will determine the fast / slow process filled order. Then I will see the last 1 week price movement, then determine what you should do to buy at what price
That is what i am applying right now, i am buying a lot of altcoins because i saw that the market is on sale and bought some altcoins because of their cheap price compare to the fast few days. I only set the chart to 1 week or 1 month then i will just look if the chart is going down or not and i will also look to the RSI of the coin to see if it is best to buy or wait. It always works for me and i think that is one of my effective strategy.
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July 04, 2017, 06:38:46 PM
 #245

Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
The same with my strategy, first of all I will choose the volume of which altcoin market is bigger Because it will determine the fast / slow process filled order. Then I will see the last 1 week price movement, then determine what you should do to buy at what price
That is what i am applying right now, i am buying a lot of altcoins because i saw that the market is on sale and bought some altcoins because of their cheap price compare to the fast few days. I only set the chart to 1 week or 1 month then i will just look if the chart is going down or not and i will also look to the RSI of the coin to see if it is best to buy or wait. It always works for me and i think that is one of my effective strategy.
Like any strategy there are risks, your strategy is good since it can give fast results and obtain nice profits but if you buy when there is a dump you could be left as a bag holder or sell for a very bad price so like you see, you are taking a huge risk by following that strategy but if you are careful and have the right experience you can pull it off.

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Ajan08
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October 01, 2017, 10:08:34 AM
 #246

Bitcoin is a cryptocurrency trading strategy that can be used trading all the important cryptocurrencies. Actually, this is an Ethereum trading strategy as much as it’s a Bitcoin trading strategy. If you didn’t know Ethereum is the second most popular cryptocurrency .
The best Bitcoin trading strategy is 85% price action strategy and 15% a cryptocurrency trading strategy that uses an indicator.
AmXProX
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October 16, 2017, 08:50:32 AM
 #247

same as other trading practices, you should buy low and sell high same concept with BTC

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Jembut Ireng
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October 16, 2017, 10:05:29 AM
 #248

Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results

Yes agree it is an easy thing and mostly done all traders, but I think the courage of speculation is the most important because if not dare speculation then we will be silent and just analyze.
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