Bitcoin trading strategy

[BTCevo]

Gambling is not strategy cuz house always wins.
Investing is long term good strategy.

Trading is always good so pick one.

Gambling sure is not strategy but gambling have some strategy to win sum of your money but it will not always worked because it will depends on some of your luck. Investing in a long term thing to do but it is not a good strategy to get your money back and it has a higher risk so it will have a chance to run away your money too so have a good pick for your investment. About trading I can't give much info because the price is volatile so sometimes you will get profit and sometimes you will lose it

[Dotakels]

Gambling is not strategy cuz house always wins.
Investing is long term good strategy.

Trading is always good so pick one.

Gambling sure is not strategy but gambling have some strategy to win sum of your money but it will not always worked because it will depends on some of your luck. Investing in a long term thing to do but it is not a good strategy to get your money back and it has a higher risk so it will have a chance to run away your money too so have a good pick for your investment. About trading I can't give much info because the price is volatile so sometimes you will get profit and sometimes you will lose it

Yeah its better to invest than gamble. And also remember the higher the risk the higher return so that trust your self and have a self confidence that your money will earn.

[kinnu]

In trading always follow trend and be patient and always use stoploss if it is going in other direction. Money management is  the key to success in trading.

[Dotakels]

In trading always follow trend and be patient and always use stoploss if it is going in other direction. Money management is  the key to success in trading.

And also having a good decisions and great idea to better have a great profit or earnings.Budgeting money or having a goals is the also key to success in trading or in different strategies.

[BTCevo]

In trading always follow trend and be patient and always use stoploss if it is going in other direction. Money management is  the key to success in trading.

You cannot follow that trend directly because you never know when the price is going to fall or raise, so make sure that you buy in a lower price so that you can sell it a little bit higher. You must need a good timing when you will buy and when you will sell. Everything that you do in trading is affect your result so you must do it carefully so you wont be at loss

[EternalWingsofGod]

most important thing is patience. if you have that then trading is very easy and it requires very low effort. buy low sell high.

It's also important to know when to break the trend or to change patterns, even with the long run price drop this year there were periods of recovery and price rallies, so in terms of short and long term strategies both sides can easily make money.

[Dotakels]

In trading always follow trend and be patient and always use stoploss if it is going in other direction. Money management is  the key to success in trading.

You cannot follow that trend directly because you never know when the price is going to fall or raise, so make sure that you buy in a lower price so that you can sell it a little bit higher. You must need a good timing when you will buy and when you will sell. Everything that you do in trading is affect your result so you must do it carefully so you wont be at loss

Having a good timing make your buy and sell success. Because you can't predict when the prices is going to fall or rise.

[aso118]

Having a good timing make your buy and sell success. Because you can't predict when the prices is going to fall or rise.

An oft-repeated claim in the equity markets is "never try to time the market".
This might be valid in the bitcoin space as well. Systematic investment, over the long run, could yield results.

[arallmuus]

Having a good timing make your buy and sell success. Because you can't predict when the prices is going to fall or rise.

You can, that is why graphs exist. It is to help you to predict where the direction goes, as well as the trend of it. Basically it needs some skills in reading graphs though

It's also important to know when to break the trend or to change patterns

AFAIK you cant change the trend/pattern unless you are a whale that is able to manipulate the market, if you are not then you cant change it and you (most of us) will always be trading in a manipulated market. Basically 500 BTC will be enough to move a small portion of the trend

An oft-repeated claim in the equity markets is "never try to time the market".

Indeed true, things could go south no matter how good you are in reading graphs and predicting the direction of the market. Once whale decided to manipulate the market, then nothing could stop the market from being manipulated (unless another whale decided to be the opposition though)

[Dotakels]

Having a good timing make your buy and sell success. Because you can't predict when the prices is going to fall or rise.

You can, that is why graphs exist. It is to help you to predict where the direction goes, as well as the trend of it. Basically it needs some skills in reading graphs though.

Yeah thats why we need to have a information about or the history of the price of bitcoins and study when its price is low or high.

[arallmuus]

Having a good timing make your buy and sell success. Because you can't predict when the prices is going to fall or rise.

You can, that is why graphs exist. It is to help you to predict where the direction goes, as well as the trend of it. Basically it needs some skills in reading graphs though.

Yeah thats why we need to have a information about or the history of the price of bitcoins and study when its price is low or high.

Actually the information/data is exist there. You can check it HERE. Along with some tools to draw some lines that will help you in analyzing it and also determine the lowest point for the 24 hour. Actually what matter is the difference between buy and sell. All you will need is to sell higher than what your executed buy is minus the trading fee (if there is any).
Most people thought that this only gain them a small profit thus waiting for a higher price which actually resulted in the price got lower and people got some lost

[Dotakels]

Having a good timing make your buy and sell success. Because you can't predict when the prices is going to fall or rise.

You can, that is why graphs exist. It is to help you to predict where the direction goes, as well as the trend of it. Basically it needs some skills in reading graphs though.

Yeah thats why we need to have a information about or the history of the price of bitcoins and study when its price is low or high.

Actually the information/data is exist there. You can check it HERE. Along with some tools to draw some lines that will help you in analyzing it and also determine the lowest point for the 24 hour. Actually what matter is the difference between buy and sell. All you will need is to sell higher than what your executed buy is minus the trading fee (if there is any).
Most people thought that this only gain them a small profit thus waiting for a higher price which actually resulted in the price got lower and people got some lost

They just not have enough patient to wait so that they lost a bitcoin. If they want to earn a profit to their coins they must wait until they got the right price to sell.

[ancientOne1]

Don't trust indicators or any technical guru shit.
Follow the news. Decide at each major event whether or not you wish to continue to hold or sell out.
It is a game of patience, expect to wait for months, maybe years.
And remember, signals are not clearcut, it is kind of subjective.
It takes about a few years to become a good trader, so hang in there 

[arallmuus]

Don't trust indicators or any technical guru shit.

Indicators is basically to help you in executing your trades, so actually it is best to have some knowledge about it

Follow the news.

This isnt like 2012-2013 anymore where news will have a significant effect to the price. Basically good news only bring in the hype, which means that you will need to execute a buy as fast as possible because after the hype, price usually goes back to where it was before

It is a game of patience, expect to wait for months, maybe years.

As per I have stated, the long term strategy which involve waiting for X period of time is not a good strategy for trading. Logically, holding things for X period of time is not considered as trading though, it is more like investment

P.S : just my personal thoughts on this

And remember, signals are not clearcut, it is kind of subjective.

It is not indeed but atleast it helps you in executing your trade. Knowing when will the lowest and highest point throughout the day is actually a good thing since it basically helps you where to start buying and to sell it for X percentage of profit

[ancientOne1]

I am trading alts, where news still matters much, I see posted in the wrong thread, sorry.
However, I am getting good results, so I know what I do works.
I don't like indicators(moving average for example), when you see a certain trend there is no guarantee that that line is going to continue.
You need figure out what drives this trend, will this drive continue or cease to exist?*
If it is the latter or if you don't know sell and pick a new altcoin.
(Also do your reading before investing)
I am holding for months, basically because I don't like the daily variance, it are mostly just unpredictable movements or noise.

*A positive signal could be the release of a new/unique feature for example.

Everyone seems to have their own take on trading, no means to bash your opinion or anything, just stating my own.

[arallmuus]

I am trading alts, where news still matters much, I see posted in the wrong thread, sorry.
However, I am getting good results, so I know what I do works.
I don't like indicators(moving average for example), when you see a certain trend there is no guarantee that that line is going to continue.
You need figure out what drives this trend, will this drive continue or cease to exist?*
If it is the latter or if you don't know sell and pick a new altcoin.
(Also do your reading before investing)
I am holding for months, basically because I don't like the daily variance, it are mostly just unpredictable movements or noise.

*A positive signal could be the release of a new/unique feature for example.

Everyone seems to have their own take on trading, no means to bash your opinion or anything, just stating my own.

I dont know that you are implying on altcoin trading strategy because this thread is about BTC trading stategy . Altcoin trading strategy is mostly about hype so that is correct from your end that news will be the indicator for the price. In altcoin, mostly you need to do is to pick newly created altcoin and wait for the hype, rinse and repeat the pattern.

P.S : lets not derail this discussion further and stick with BTC trading strategy instead 

Everyone seems to have their own take on trading, no means to bash your opinion or anything, just stating my own.

No problem, I do apppreciate your thoughts as I am sharing my own as well

[neurotypical]

Right now with all this fork talk I wouldn't risk getting in. The price has gone from 240 territory to 230 lows. We'll see to what extent does all of this have a true impact on the price. I would say we are going to be on a low price until all of that gets settled and we can talk Bitcoin has something solid that may not get jeopardized by block size limit every X years (we cant be forking periodically).

[arallmuus]

Right now with all this fork talk I wouldn't risk getting in. The price has gone from 240 territory to 230 lows. We'll see to what extent does all of this have a true impact on the price. I would say we are going to be on a low price until all of that gets settled and we can talk Bitcoin has something solid that may not get jeopardized by block size limit every X years (we cant be forking periodically).

Actually the price and the fork talk will have nothing to do with "trading". All trader need is a right time to execute a buy and sell and a margin where there got some profit from the buy and sell difference. Thus being said, Even if the price drop down by 50 %, as long as there are a margin , trader can execute their trading activity and gain profit from it although it will be slightly lower than usual though

[Amph]

Right now with all this fork talk I wouldn't risk getting in. The price has gone from 240 territory to 230 lows. We'll see to what extent does all of this have a true impact on the price. I would say we are going to be on a low price until all of that gets settled and we can talk Bitcoin has something solid that may not get jeopardized by block size limit every X years (we cant be forking periodically).

just follow the wave if this recent news would bring bitcoin to sub 200, then dump and buy again at 150-200

[Borisz]

Right now with all this fork talk I wouldn't risk getting in. The price has gone from 240 territory to 230 lows. We'll see to what extent does all of this have a true impact on the price. I would say we are going to be on a low price until all of that gets settled and we can talk Bitcoin has something solid that may not get jeopardized by block size limit every X years (we cant be forking periodically).

just follow the wave if this recent news would bring bitcoin to sub 200, then dump and buy again at 150-200

Isn't trading usually based on following the trend and not on hype speculations? I wouldn't say that just because BTC drops below 200$ it will drop to 150 where you can buy in. Then again, based on what indicators you follow or use, it may be good to sell/buy at that point. I don't know. I have personally found that these speculations work about 50% of the time. Someone says something, if he/she was right then comes the "I told you so", otherwise silence. Also, lot of people try to influence the market with their suggestions, (in their favour) so you have to listen selectively, which can be hard.

If there was a golden strategy, a lot of people would be rich by now. Fact is, strategies exist and work in certain situations. However there are a range of difficulties that separate theory and practice. I suggest going to http://stockcharts.com/school/doku.php?id=chart_school and making some long research there. I'm doing the same currently and testing a few trading techniques.

I have tried following a strategy out of the box, but it didn't work. Even though it should be working, based on maths etc. There is a lot of experimenting involved.