what are your stop-loss strategies with btc?

[Watari]

or do you just hodl forever?

thanks

[Wilhelm]

Any form of trading will kill your coins if you don't know what you are doing.
Some whale dumps and you WILL get caught out and end up with a torn up balance.
Bitcoin is becoming more stable so getting caught out will occur less.

My advice
---------------------
Either go without protection (Stop-Loss) or HODL.
Currently HODL has given good profits so why risk more.
Greed kills so don't try and get MOARRRR!!!! (just buy coins).

[pinoycash]

im using a script customized and created by my friend, i usually used it when im sleeping. mainly on primedice. ive always set it to 50% of my total bankroll to stop betting to minimized the loss in case bad luck struck me while im in a deep sleep

[Ted E. Bare]

I don't have such a strategy. I bought at $300 with the idea to hold for many years. Never regret.

[Red-Apple]

I don't have such a strategy. I bought at $300 with the idea to hold for many years. Never regret.

i just clicked on this topic to say the exact same thing
with the difference that i bought 90% of my coin between $190 and $250 but the hodling part is the same for many years...

[fuckingidiot350]

best advice, do not trade any leverage  okcoin, bitfinex, kraken etc.


if you want to make money, just buy + hold

[burner2014]

best advice, do not trade any leverage  okcoin, bitfinex, kraken etc.


if you want to make money, just buy + hold

Absutely right. Just buy biycoin whenever the price is low and wait for the price to increase, if I were you be patienly wait for at least a year before you withdraw it.
It is okay to trade in any coin that you've seen that the performance is good in the padt months. Just be vigilant which coin you'll invest.

[RoommateAgreement]

or do you just hodl forever?

thanks

most bitcoin users are in it for the long haul so they hodl  for a long time (you can call it forever). but day trading is a very different story. and for me whenever i do it, the percentage i set it on is very different based on the market state we are in. for example when prices were stable with little volatility my settings were too tight but these days i leave a much bigger room because of volatility. it can go from ~1% to 5%

[Diulamon]

or do you just hodl forever?

thanks

I do not have a stop loss. I just hold and use it.

[TeeBone]

Too illiquid to manage proper stops, imo.....but when i do use em i give more leeway then other markets....keeping tight stops on finex or stamp, in particular, is very dangerous.