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Author Topic: What's your current strategy?  (Read 8990 times)
xandriel
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November 13, 2017, 08:27:31 AM
 #181

Daily trading with small profit is my trading. As you know, It is hard to get profit in cryptocurrency now. Therefore, I will trade many coins with little profit (about 5%-10%/day) to earn money. It is a good way to do. You can try to know.

 
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khalifa25
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November 13, 2017, 11:28:21 AM
 #182

To me The strategy of trading is good because there are more potential chances to make money on horse racing course, but also the probability to lose everything on these jump. According to statistics, about 90% of people lose money in the stock market and the cryptocurrency market is more volatile and sharp so the chances of losing money are higher. In my opinion it is better to buy prospectively altcoins and hold them so you can earn more for the beginners.
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November 13, 2017, 01:43:36 PM
 #183

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 do buy and hold the altcoin and bitcoin due to thats the best choice for me.
If day to day trading i think its not working very well.
Everyone has his own way of managing the things. As far as my present strategy is concerned, I am very much confident that the market price of bitcoin will continue to increase in the very similar fashion as it has increased in the past few days. So I’m doing nothing special and I am only holding my bitcoins and that too for quite a long period of time. It is because of the reason that this is the only thing which can bring me more money.
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November 13, 2017, 02:39:31 PM
 #184

I always buy when the price has hit a support or resistance level and the type of candlestick formed, I have been trained with Japanese candlesticks pattern.
As a trader I usually wait to see a pin bar, bullish or bearish engulfing bars formed at those R/S levels before buying or selling couple with price action which is vital in trading of spot and also in cryptoccurrencies basically using a daily timeframe.

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November 13, 2017, 03:54:14 PM
 #185

Time management, I have a day job and i still work on bounty campaigns and take it as a sideline so i can earn more coins. You can join multiple social media campaigns and this one of the best strategy.
Sometimes i also apply for services like translations if there is an available because they pay a good amount of coins.

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November 13, 2017, 06:47:06 PM
 #186

Daily trading with small profit is my trading. As you know, It is hard to get profit in cryptocurrency now. Therefore, I will trade many coins with little profit (about 5%-10%/day) to earn money. It is a good way to do. You can try to know.

This is a good way to go. I sometimes aim for the same goal, but I also like to catch a coin that is mooning and stay on the rise with it until my TA tells me to get out. It's def a good way to add to the 5% to 10% daily!

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November 13, 2017, 10:11:23 PM
 #187

Daily trading with small profit is my trading. As you know, It is hard to get profit in cryptocurrency now. Therefore, I will trade many coins with little profit (about 5%-10%/day) to earn money. It is a good way to do. You can try to know.

This is a good way to go. I sometimes aim for the same goal, but I also like to catch a coin that is mooning and stay on the rise with it until my TA tells me to get out. It's def a good way to add to the 5% to 10% daily!


Rigth now my current strategy that i used it is holding because thats only i can guarantee rigth now due to financial in capacity.
Holding is a very common strategy that can earned base on many advices of pro-earner and on the forum that i read and known actually.
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November 13, 2017, 10:23:25 PM
 #188

Anything other than hodling is a bad strategy IMO. I seriously doubt anybody on these forums can consistently beat the crypto market by day trading. Hodling is the only viable way to invest in crypto.

Not really, but a lot have gone hodling after experiencing some serious failures in day trading. But there is a good deal of people I know whose lives are focused in day trading, swing trading, and scalping. The difference with them and me, or perhaps us, is that they are really experts in reading and making patterns out of charts in addition to their serious monitoring of project news. They do not even have accounts here.

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batang_bitcoin
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November 13, 2017, 10:36:39 PM
 #189

Because im not too good interms of trading my only strategy is buy and hold.
Basically this is the normal way of trading, upon analyzing those coins, the market, charts and etc. You just have to buy and hold for a while, there's nothing you can do if you bought that coin and later on it's price went down and that coin is in trouble of being dumped. I don't have such strategy since this is the basic way of trading and if there are some other strategies that are existing, I don't think so there are.

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November 17, 2017, 01:18:28 PM
 #190

Seeing the price right now I'll just definitely stop buying bitcoin and just hold what's on my wallet, of course I want to add some but the price is now on the ceiling and it's hard to reach now so I'm just sitting in my bitcoin. But will surely buy some alts now as I see many dumpers now.
Now, I believe it is even best to trade on the neutral right now.
The price has gotten to a bit of a point of stability for the moment and we can start seeing some little corrections at the moment.

Alts are beginning to climb up gradually and then if it is possible to sell some of for profit, now is the best time, because there is every possibility we may see some dumps again before the fork.
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November 17, 2017, 01:59:30 PM
 #191

Daily trading with small profit is my trading. As you know, It is hard to get profit in cryptocurrency now. Therefore, I will trade many coins with little profit (about 5%-10%/day) to earn money. It is a good way to do. You can try to know.

This is a good way to go. I sometimes aim for the same goal, but I also like to catch a coin that is mooning and stay on the rise with it until my TA tells me to get out. It's def a good way to add to the 5% to 10% daily!

Day trading requires a lot of time just to keep track the coins that we're trading but it's profitable at the same time and so I'm trading when I at least profited by 20% then just buy back again and it works for me some months and it's worth a try.

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November 18, 2017, 08:16:17 AM
 #192

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
Maybe i can say that my current best strategy now is just to hold and store my bitcoib. Because I had tested and believe that it can also make you earn profit by just holding it. But after I had earned profit I quickly convert it to our currency so that it will be still and will not change anymore its value. Also I am scared to risk it and invest or do such thing with it.
That can be consider as good strategy, because bitcoin still is expected to cross 10K, Although the price is dumping a little but we can hope that it is a temporary dumping and very soon the price of bitcoin will recover its previous position 7800$ and will even continue to increase, because traders are still too much confident about bitcoin and they are still trying to hold bitcoin.
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November 19, 2017, 07:40:10 PM
 #193

It happens every time. BTC makes a bullrun, alt markets drop, I come in and buy at a cheap price and profit when BTC finds support and money flows back into alts. There couldn't be a simpler cycle.

The cycle is just beginning right now. Alt prices are dropping as BTC is testing 8K+

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November 19, 2017, 07:41:41 PM
 #194

which alts are better buy and hold?!
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November 19, 2017, 11:21:51 PM
 #195

This does not work everytime but I use arbitrage strategy for now since I saw many altcoins that opens opportunity on this ! the profit is not that high but it was worth the time
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November 19, 2017, 11:48:22 PM
 #196

Firstly I would like to inform you that I have tried many, many different trading strategies and guess what? Most of them do not work. Just like how people go on diets, but usually it doesn't work, same goes with trading strategies - usually they do not work and you will end up losing money.

With that said, my strategy has evolved to a simple one. I simply buy when the price dips, and then set a price I want to sell at and then sell. However, I will always be studying at all times to make sure I am aware of the current new/happenings in the industry... this is extremely important and never should be overlooked if you truly want to make the most profit trading.
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November 20, 2017, 12:24:56 AM
 #197

My current strategy now is first learn more about bitcoin and its culture. For me to know how it works and gives ideas how will start on trading. Second is to study the trend fo r me to know if I will hold it or not. That's my strategy for now.
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November 20, 2017, 02:27:44 AM
 #198

Because im not too good interms of trading my only strategy is buy and hold.
In that case, buy and hold is only a mediocre strategy. At most you will make whatever the percentage is that the asset will grow.
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November 20, 2017, 02:50:56 AM
 #199

Because im not too good interms of trading my only strategy is buy and hold.
In that case, buy and hold is only a mediocre strategy. At most you will make whatever the percentage is that the asset will grow.

Yeah it's mediocre but definitely a safest strategy at the moment.
Bitcoin is in uptrend while alts now are kissing again the ground so better to buy some coins now and take profit afterwards.

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November 20, 2017, 07:05:53 AM
 #200

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
Maybe i can say that my current best strategy now is just to hold and store my bitcoib. Because I had tested and believe that it can also make you earn profit by just holding it. But after I had earned profit I quickly convert it to our currency so that it will be still and will not change anymore its value. Also I am scared to risk it and invest or do such thing with it.
That can be consider as good strategy, because bitcoin still is expected to cross 10K, Although the price is dumping a little but we can hope that it is a temporary dumping and very soon the price of bitcoin will recover its previous position 7800$ and will even continue to increase, because traders are still too much confident about bitcoin and they are still trying to hold bitcoin.
My current strategy is now a days only buying bitcoin more and more and also some ethereum also for a future because I am sure that the rate of bitcoin is increasing with time and when it get maximum customers then I will start selling bitcoin at that time.
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