How do you trade with crypto currency?

[nejibens]

Usually i choose the altcoins with big potential to trade and i avoid the shitty new coins. There is some known altcoins actually used by big community and their prices is increasing as well

[1715402377]

1715402377

[1715402377]

1715402377

[harizen]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

Actually your mentioned strategy can considered as common technique too.

Buy low Sell high is the common one. Sounds easy but not that easy to perform.

In my case, I just have to analyze the current trend, news, other's saying, trading tips from our group, rumors, trading volumes, weekly monitoring (if the price has slow movement) / daily monitoring (if the price moves at least $10-$15 a day whether for increase and decrease) etc.

[pooya87]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

Actually your mentioned strategy can considered as common technique too.

Buy low Sell high is the common one. Sounds easy but not that easy to perform.

In my case, I just have to analyze the current trend, news, other's saying, trading tips from our group, rumors, trading volumes, weekly monitoring (if the price has slow movement) / daily monitoring (if the price moves at least $10-$15 a day whether for increase and decrease) etc.

i don't think you can call "Buy low Sell high" as common strategy because it is the core of trading. and there is nothing to it other than 'Buy low Sell high".

all other stuff like analyzing the trend, reading the news and all other things you and others have mentioned are performed to find the "low" and "high" in each market.

[Patatas]

Usually i choose the altcoins with big potential to trade and i avoid the shitty new coins. There is some known altcoins actually used by big community and their prices is increasing as well

Altcoins with big potential is a bold statement.Which alt coin doesn't promise "big potential" if people invest in them ? Every altcoins takes the flaw of bitcoin and promise to solve it in theirs which barely happens.Most of them are killed by the community whales or half of them run away with the investors money.The few one's that survive are only for pump and dump purposes.Everything is sold once the ICO is over.

[JeffBrad12]

Usually i choose the altcoins with big potential to trade and i avoid the shitty new coins. There is some known altcoins actually used by big community and their prices is increasing as well

Altcoins with big potential is a bold statement.Which alt coin doesn't promise "big potential" if people invest in them ? Every altcoins takes the flaw of bitcoin and promise to solve it in theirs which barely happens.Most of them are killed by the community whales or half of them run away with the investors money.The few one's that survive are only for pump and dump purposes.Everything is sold once the ICO is over.

And another question what is the big potential is measured by the standard of this forum or average users in here. because a new alt project in this time is always offering a good promise for the investor and at first they will run smoothly and the ending, maybe you can see about waves.

[safari88]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

In trading nothing seems to be curious, but with trading buying low and selling high is the common strategy used. In my opinion one needs to cope with the self decision in trading rather than getting suggestions from others and implementing it.

he was curious about the strategy or technique to analyze. because everyone has a different technique.
like me who use the technique feelings, and also some of the most important is the announcement. tweets and rumors are difficult to predict, it could backfire down or up.

[Barraken]

Usually i choose the altcoins with big potential to trade and i avoid the shitty new coins. There is some known altcoins actually used by big community and their prices is increasing as well

that is right. I only trade the established ones such as the Monero and Etheruem. They are much less risky.

[mishra1994]

Well i do not have much knowledge about the alt coins so i keep my self away from altcoins trading.
But i have tried simple trading like buying bitcoins and then sell then when price becomes a bit higher than that when i bought the bitcoins.

[brokenfate]

That same if you trading with bitcoin,the different is at price movements,once crypto get high fast,it also can't inpredicble price

[th3nolo]

Well, I trade whit  currencies whit high volume, like ethereum, doge, dgb ect and and using some indicators for signal of enter, or getting out.
I have a low success but this is great for me I guess better something than losing

[Sponsoredby15]

In my own experience as a trader. Basic principle is only I applied "Buy low and sell high." And also we have group chat I have groupmates that observe the coins we there is go down or go up. And we take profit after we buy stacks. Thats it.

[btvGainer]

Trading in crypto is not everyone's cup of a tea.I have suffered loss because I was a newbie.You must understand market and keep an close eye on price movement if you want to succeed.Technical analysis is not something for am average joe like me

[Hettinger]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

My technique in trading is two kind no. One is a short trade if i want to earn btc everyday i do short trade to increase my income. My profit everyday in short trade is 0.002 btc not bad. And the 2nd one is a long trade i buy a coins in a small amount but the coin have big potential to rise. So i buy and wait the price hit my desire amount to get big profit. That is the two i suggest you to do but your decisions is ypurs.

Trading with cryptocurrencies is not such a different thing than trading other things first you have to search a person who want to trade with yoiu and that does not have to be a person who you know you can also find them over here or further on the internet there are always people who want to trade with you for sure!

[maydna]

In my own experience as a trader. Basic principle is only I applied "Buy low and sell high." And also we have group chat I have groupmates that observe the coins we there is go down or go up. And we take profit after we buy stacks. Thats it.

this is also what i am doing in trading. beside buy low and sell high, buy fast as we can then sell it fast too no matter the rate is up or down. when you can do this is in altcoin that maybe have middle movement then you can get good profit.

[JeffBrad12]

In my own experience as a trader. Basic principle is only I applied "Buy low and sell high." And also we have group chat I have groupmates that observe the coins we there is go down or go up. And we take profit after we buy stacks. Thats it.

this is also what i am doing in trading. beside buy low and sell high, buy fast as we can then sell it fast too no matter the rate is up or down. when you can do this is in altcoin that maybe have middle movement then you can get good profit.

Are you serious not considering the price is going up or down because the traders can get their profit just from that and  that has become a most common thing in trading and, maybe you will sell and buy if the price is getting a stable.

[Wowcoin]

In my own experience as a trader. Basic principle is only I applied "Buy low and sell high." And also we have group chat I have groupmates that observe the coins we there is go down or go up. And we take profit after we buy stacks. Thats it.

this is also what i am doing in trading. beside buy low and sell high, buy fast as we can then sell it fast too no matter the rate is up or down. when you can do this is in altcoin that maybe have middle movement then you can get good profit.

That is called short term many trader now is like short trade to see how much they get profit. But short trade is not safe much safer the long trade than short trade because many trader defisit there bal. Because they do the wrong move.

[JITENDERPAR3]

since i am not a altcoin trader , i am a small bitcoin trader .

but in case of other currecy trading i will suggest you , you should always hold every free currency ( you can go at yobit ) . in this way you can get a better amount of profit when any of the rate of currency increase . and if rate of one decrease then rate of another will increase this will retard the loss in trading ( thus is my successful friend's stergy to trade) .

[CraigWrightBTC]

Mostly of traders using analysis tecnical for looking for trend up or down and there are some traders who used analysis fundamental usualy for long term strategy, i my self using analysis tecnical because i use short term strategy.

[didingrirty]

i lost a lot of money with alt coins so i trade bitcoin/fiat now only, as it is easier

[deisik]

Actually your mentioned strategy can considered as common technique too.

Buy low Sell high is the common one. Sounds easy but not that easy to perform.

In my case, I just have to analyze the current trend, news, other's saying, trading tips from our group, rumors, trading volumes, weekly monitoring (if the price has slow movement) / daily monitoring (if the price moves at least $10-$15 a day whether for increase and decrease) etc.

i don't think you can call "Buy low Sell high" as common strategy because it is the core of trading. and there is nothing to it other than 'Buy low Sell high"

In fact, you are incorrect. When people refer to this catch phrase as a trading strategy (also known as BTFD), they typically mean that they buy when the price goes down from what they consider an average price and sell if it surges above it (or, at least, hope to sell). And it does seem to be the most widely used method of "trading" as well as losing money in the long run...

Since the most common strategy cannot be profitable by definition (en masse)