mkc
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February 25, 2016, 04:28:50 AM |
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When i think price is low, I will buy, then price is 100 above my price, I will sell half. If price goes fiend, I will tell myself I am in it for the long long term, like 5 years. When the price is lower, then I will buy more, repeat the above process. So far, I don't buy any more since I don't have much money and I am in it for the long term.
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ShowOff
Legendary
Offline
Activity: 2744
Merit: 1196
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February 25, 2016, 04:46:20 AM |
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i prefer to trade bitcoin with altcoins than another currencies. my strategy only look for coin with highest volume (poloniex best place to trade with high volume) because rate changes very fast and look for 5-10% profit. but trade many times in 1 day.
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pooya87
Legendary
Offline
Activity: 3598
Merit: 10918
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February 25, 2016, 05:09:19 AM |
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What strategy you use to trade bitcoin?
my strategy is to buy and hold as much as i can afford to invest. and i have bought bitcoin over the past year at lower prices and i am planning on holding it at least for five years.
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Kakmakr
Legendary
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Activity: 3542
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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February 25, 2016, 05:24:59 AM |
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I trade with a minimum of a $20 difference, and then wait for it to drop with $20 and buy in again, when it is lower. This way you absorb some of the fees, and it is still profitable. I do not keep all my bitcoins on the exchanges too, it is to risky and I cannot afford to lose a single one.
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Hirose UK
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February 25, 2016, 05:36:39 AM |
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Buying at lower price and selling at higher price. And checking the BTC market before that. I've told about that strategy before, but I've never done it. Haha, seriously. I need money to buy my necessities, so I don't have time to wait. that's why I have another strategy. I trade on btc-e then I sell it to local traders, I will get profit but not too much. at least it works
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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jerowacik
Legendary
Offline
Activity: 1162
Merit: 1000
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February 25, 2016, 05:41:51 AM |
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when my own benefit then I will sell the entire alt coin I have.
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hermanhs09 (OP)
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February 25, 2016, 09:12:39 AM |
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when my own benefit then I will sell the entire alt coin I have.
selling continuously, hopefully up always
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mixan
Legendary
Offline
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
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February 25, 2016, 09:16:39 AM |
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I use to be on a trading site to try my luck but it went belly up so learned from that experience fairly quickly. Now when I get some bitcoin from the tasks that I do, I just sell them when people are in the market to buy.
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The parasite hates three things: free markets, free will, and free men.
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hermanhs09 (OP)
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February 25, 2016, 09:52:56 AM |
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I use to be on a trading site to try my luck but it went belly up so learned from that experience fairly quickly. Now when I get some bitcoin from the tasks that I do, I just sell them when people are in the market to buy.
wow you are so collectors
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hawkins
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February 25, 2016, 10:22:23 AM |
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basically, before playing you must look at the statistics trading price of the coins would you buy, if the coin is known and the price drops of 30%, then buy, because according to my calculations, the price of the coin will surely rise
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extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
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February 25, 2016, 10:25:39 AM |
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What strategy you use to trade bitcoin?
my strategy is simple. just buy and sell. but I always use paypal to buy and sell.
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clickerz
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February 25, 2016, 10:56:35 AM |
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The basic principle in trading is BUY LOW / SELL HIGH but that is not always the case. Sometimes when it continues to dive,we are force to SELL so as to minimize the losses or just wait as the price become stabilize and wait again for it to rise. I learned another strategy from another forumer her that when the price go down, at buy at least a third or more but not all btc because it might lower further just always save a standby btc on your wallet and monitor the movement.
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Open for Campaigns
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newcoins1978
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February 25, 2016, 10:57:34 AM |
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What strategy you use to trade bitcoin?
my strategy is simple. just buy and sell. but I always use paypal to buy and sell. That is to easy. I think i trade with my feelings. If i think the price is too high i make sure to sell my coins or spend them on produ cts. If theprice is in decline i make sure to buy coins. Currently that price is around 350 dollar.
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barrowfiller
Member
Offline
Activity: 72
Merit: 10
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February 25, 2016, 10:59:45 AM |
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The basic principle in trading is BUY LOW / SELL HIGH but that is not always the case. Sometimes when it continues to dive,we are force to SELL so as to minimize the losses or just wait as the price become stabilize and wait again for it to rise. I learned another strategy from another forumer her that when the price go down, at buy at least a third or more but not all btc because it might lower further just always save a standby btc on your wallet and monitor the movement. Yeah someone thought that to me too.
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Amph
Legendary
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Activity: 3248
Merit: 1070
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February 25, 2016, 11:10:39 AM |
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the usually trading strategy is to close your position with every small % of gain you cna get, and not waiting for a massive profit
this plus lavarage can actually bring you more profit in the short term
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ekoice
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February 25, 2016, 11:17:19 AM |
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i prefer to trade bitcoin with altcoins than another currencies. my strategy only look for coin with highest volume (poloniex best place to trade with high volume) because rate changes very fast and look for 5-10% profit. but trade many times in 1 day.
there is no rocket science behind this since every one buys bitcoin on low price and expects to sell on higher good rate according to their profit margins and i did it myself as well and sold several times my bitcoins on good price and still expecting this year for good price rise so i can sell rest of the accounts.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 25, 2016, 11:20:41 AM |
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I only buy when the price is dumped to the ground. While a lot people panic sell fearing the price to go lower I buy up their coins with a smile on my face. I always keep buying till the bottom. Other than that I also do day trading if the volume and price swings are large enough to profitable trade during the day.
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BlueStackz
Legendary
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Activity: 1204
Merit: 1028
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February 25, 2016, 03:50:02 PM |
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I only buy when the price is dumped to the ground. While a lot people panic sell fearing the price to go lower I buy up their coins with a smile on my face. I always keep buying till the bottom. Other than that I also do day trading if the volume and price swings are large enough to profitable trade during the day.
Yes, I am very much convienent with this type of simple strategies for trading bitcoins is to sell at a higher rate after holding for longer periods. But for this you have to speculate the market and forecast the rise/ decline of price of bitcoins.
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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February 25, 2016, 04:47:16 PM |
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Buy low, Sell high. That's the only thing that works. I usually trade everytime there is a $15 difference or more.
It is risky to trade when there is just a $15 difference as I used to do the same earlier and keep a $20 target. With the result, I lost a lot as when bitcoin price rises one day, it continues for just a day or two and then drops which makes me go in a loss. I keep a $30-$40 gap and when it's low or reaches this amount, I trade as then it earns me enough profit.
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