What's your current strategy?

[Aamir1]

I'm not trading yet, and the reason for that is i'm confused which coins to trade. I have not been active in the exchanges lately so i have no idea about the movement of the coins being sold right now so it is a really tough call. I'm open for suggestions from those who are trading altcoins everyday. Send me a PM about which coins you think are the best for trading these days.

A straight answer to your question “which coin do I invest?” is “BITCOIN”. Now you want a reason the here we go, bitcoin is now tycoon off all the currencies because of its highest price and it will keep increasing because there is no reason to fall down the prices. There are many deals which are good for you. you can talk to any senior trader he will best guide you about all trading system and dealings

Of course i know bitcoin is the best coin ever made, but i was talking about trading altcoins against bitcoin, because we cannot do day trading with bitcoin as it may don't go up and down in days so it gets really difficult to generate profit in trading bitcoin everyday. In altcoins, you can earn profits everyday as they move very quickly and this is a everyday process in altcoins.

[Sled]

My current strategy is to do averaging, i do it by buying worth of $500 of bitcoin every week so i can get the average price of bitcoin for the week and i just keep doing it since the start of the year now and i can say that even though the price of bitcoin now is high, i can still earn because of my previous investments that was already done by the past few months.

[MAbtc]

My current strategy is to do averaging, i do it by buying worth of $500 of bitcoin every week so i can get the average price of bitcoin for the week and i just keep doing it since the start of the year now and i can say that even though the price of bitcoin now is high, i can still earn because of my previous investments that was already done by the past few months.

You know, I've been in the Bitcoin game since 2012, trading regularly since 2013. And the dollar-averaging strategy has been tough to beat. Swing trading has been great, but when you take into consideration the risk of exchange closure and capital gains taxes, slowly averaging into a long term Bitcoin position has been very fruitful. I'd say that it will continue to be for a long time.

[Victorycoin]

Trading altcoin unlike forex trading it turns out actually trading coin requires patience in trading transactions, because altcoin price movements are increasingly difficult to predict. Maybe because trading in altcoin possibility more controlled by traders who have large capital and dare to speculate so as to master market.

You're right trading altcoins is very much unlike trading on forex, for one thing the liquidity of altcoins is still relatively low that whales can without much ado spoof the market and a reason the market can be quite unpredictable, but which is something quite uncommon in forex trade. Beyond that altcoins are unregulated as does fiat currencies, meaning  control and monitoring are at their lowest ebb.

[nethan1btc]

Trading altcoin unlike forex trading it turns out actually trading coin requires patience in trading transactions, because altcoin price movements are increasingly difficult to predict. Maybe because trading in altcoin possibility more controlled by traders who have large capital and dare to speculate so as to master market.

You're right trading altcoins is very much unlike trading on forex, for one thing the liquidity of altcoins is still relatively low that whales can without much ado spoof the market and a reason the market can be quite unpredictable, but which is something quite uncommon in forex trade. Beyond that altcoins are unregulated as does fiat currencies, meaning  control and monitoring are at their lowest ebb.

We have to really control those situation that might lead us to panic decisions, and to those different trading currencies in the market it's always an unpredictable job to do. Some people doesn't wanted to monitor the current trend on the market sellings value, because it made them stressfull everytime fluctuations took over that's why they placed an auto sell so that they will be surpriced when their sell order hit the good point.

[JPMoron]

Okay,
This is my main strategy: follow the market

Pump and you pump it.
And dump when they dump.
HODL if you miss to exit and somehow you would buy more later after it stopping drop.

[BUK2016]

As for my current strategy is to buy low and sell high which enable me make profit from your investment. At the same time I happen to be a long term investor, which means most time I buy and hold pending when the market value of Bitcoin increases before selling.

[MiXxe]

Buy and hold?

Cryptodabbler?

Day-to-day trading?

Big bets enough to play the market?

Other? specify.

Please provide a quick explanation of the choicie of your strategy.

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I am a trader that doing a buy and hold stratedgy then leave it for some months no matter i only snip it sometimes if there is a big news that may create a big pump in my coins.  I used not to big or not to small amounts because i always divide my money into many coins so if i got pick one of those good coins then i may earn a good profit on it.

[alani123]

Currently I believe that viable strategy would be to bet on altcoin booms. Those seem to happen from day to day so a diversified portfolio could hold up well against such a market sentiment.

[Deborah Christine]

My strategy is day to day trading. When the price is low i buy and when the price is grow i sell. I do not dare to last long. I just buy and then immediately sell when rising price. Except for coins that have potential i wkll hold for a long term

[iram1011]

Right now I am holding my Bitcoins as such and not betting much on any other Cryptocurrency. But I participate in many ICOs which seems to have potential and have made a good profit of them. I think ICOs can be a good way to make huge profit if chosen wisely.

[soul-impact]

Pretty much just holding, although it would have been better if I had a larger investment.  Will need to invest some more, but I'll let the current volatility settle down a bit before looking into that.  Don't want to get in right after the price surge.

Holding must be the highly profitable strategy we can follow with bitcoins as of now. Because people are sharing for same amount of capital they are earning better with holding compared to trading bitcoins actively. I guess this must be the enough proof that my strategy will get me better benefits in coming months.

Depends on how many btc you hold, if we only have small amount (less than 0.5) so I can say that holding wont be so profitable compared to day to day trading. I'm a small trader, I prefer to trade actively so I can make profit by trading bitcoin to altcoin in daily basis.

Do not sell bitcoin now, the value of bitcoin is constantly increasing. You should consider carefully, do not make hasty decisions and then regret it. I've made that mistake.

[Victorycoin]

Buy and hold?

Cryptodabbler?

Day-to-day trading?

Big bets enough to play the market?

Other? specify.

Honestly I do not get what you mean by "current" strategy. Because I do not change my strategies for trading often. But I do hear some traders are switching over to different strategies based on market conditions but I do not find any need of changing strategies for my trading so far.

I just do buy and hold bitcoins for long haul that is my basic strategy also I am holding few altcoins and I do trade some hot altcoins too.

Well buying and holding of cryptocurrencies is made possible and profitable mostly by the absent of leverage/margin requirements. It really isn't  something to call a strategy because there isn't any methodology behind it. With a leveraged or margin trade, we will find that in the course of market movements, transcending from one condition to another - it is either trending, choppy/directionless or stagnant and just one strategy sure can't fit in for all these conditions. Diverse strategies becomes inevitable to manage different market conditions.

[Darknight31]

I prefer to hold my bitcoin because I believe the bitcoin price will go up. I get the advantage by holding bitcoin. I believe by storing bitcoin i will get that many benefits. I do not have to do anything just waiting for a good time to sell bitcoin

Holding bitcoin at present is the best strategy. Because now after split we all know that bitcoin will now become more powerful currency and the demand will be rising in coming time. Due to this investment in btc at resent is the good bet and we can see 35004 in just couple of days from now.

I guess many of bitcoin users will still stick to the 1st option of strategy which is to hold their bitcoins with them and to just wait for it's value to rise up it's equivalent to each one's country. We all know that sometimes bitcoin's value is inconsistent and can really be unstable, although holding it can also be risky but it's less risky than all of the other strategies.

[jostorres]

My current strategy is to do averaging, i do it by buying worth of $500 of bitcoin every week so i can get the average price of bitcoin for the week and i just keep doing it since the start of the year now and i can say that even though the price of bitcoin now is high, i can still earn because of my previous investments that was already done by the past few months.

Quite smart strategy you are using and I am thankful to you for sharing this. I will also try to apply this strategy from next year. I believe in buying coins especially bitcoins at low rate and then keep them in wallets until they are ready to take a ride to moon. This plan really works for me.

[malikusama]

I use different strategies with respect to the situation and time period. For long time investment i prefer buy and hold as i can earn a huge profit through it by holding for a long time, I also trade day by day to gain some amount daily to gradually grow my funds. I don't use my funds for betting and all these types of games because the risk is really high which i don't want to take, so better is to play safe as much as you can.

[KingdomHearts]

Currently I believe that viable strategy would be to bet on altcoin booms. Those seem to happen from day to day so a diversified portfolio could hold up well against such a market sentiment.

Versatile portfolio is a confirmation ticket to the profit land. It is great to invest into different coins to increase your chances of profit. But diversity does not mean to go for coins that are not having any potential of increasing in the future. Currently, just go for bitcoins and few altcoins such as waves, neo etc.

[Farfenkugel]

My current strategy is to use a good portion of my available coins and invest them in advertising other programs mostly.

There has been some good opportunity's to make a lot of profit in the past, i want to make sure i have build up enough funding.

I want to make sure i'm ready for the next flight to the moon

[stromae]

My current strategy is to use a good portion of my available coins and invest them in advertising other programs mostly.

There has been some good opportunity's to make a lot of profit in the past, i want to make sure i have build up enough funding.

I want to make sure i'm ready for the next flight to the moon

Altcoins currently have serious problems except some of the pumped ones. Bitcoin keep rising. So it's hard to predict what to do. I keep holdin my altcoins against bitcoin. I also try to watch them close so I can sell my alts during a nice pump.

[melted349]

Pretty much just holding, although it would have been better if I had a larger investment.  Will need to invest some more, but I'll let the current volatility settle down a bit before looking into that.  Don't want to get in right after the price surge.

Holding must be the highly profitable strategy we can follow with bitcoins as of now. Because people are sharing for same amount of capital they are earning better with holding compared to trading bitcoins actively. I guess this must be the enough proof that my strategy will get me better benefits in coming months.

Depends on how many btc you hold, if we only have small amount (less than 0.5) so I can say that holding wont be so profitable compared to day to day trading. I'm a small trader, I prefer to trade actively so I can make profit by trading bitcoin to altcoin in daily basis.

Do not sell bitcoin now, the value of bitcoin is constantly increasing. You should consider carefully, do not make hasty decisions and then regret it. I've made that mistake.

And as of now for where bitcoin place is. The price is increasingly rapidly so selling btc now is not a good idea i believe bitcoin can increase more than now.