A wise strategy for your bitcoin

[aryaadikariyansyahsuwarto]

Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

it seems like a good strategy, because we benefit from initial capital, well though a little bit, but at least it's one good way of trading and can make you rich slowly, but maybe you should be more patient again, because wait for bitcoin prices up and down is not easy. It takes extra patience.

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[chineseprancing]

That's what a good traders do. All i may say is you already have a good strategy on trading "buy it low and sell it on high" but the thing is that you  just sell a bitcoin equivalent on what you've invested and buy low again using it, that's a good one. The only advise i can give to you is

•Always be active at market since market is a wild place you will not know what will happen to the price there.
•Always have patience.
•Don't let your emotion eats you.
•Always stsy calm.

That's the only advise i think i can give since you already have a great strategy and i may say i learned from you. Good luck sir and thank you 

The wise strategy for me in bitcoin is to work harder than before and hold it for long long long run of time. Also I agree that we need to be patience on waiting, because bitcoin will always increase time by time.

[miyong]

That's what a good traders do. All i may say is you already have a good strategy on trading "buy it low and sell it on high" but the thing is that you  just sell a bitcoin equivalent on what you've invested and buy low again using it, that's a good one. The only advise i can give to you is

•Always be active at market since market is a wild place you will not know what will happen to the price there.
•Always have patience.
•Don't let your emotion eats you.
•Always stsy calm.

That's the only advise i think i can give since you already have a great strategy and i may say i learned from you. Good luck sir and thank you  

The wise strategy for me in bitcoin is to work harder than before and hold it for long long long run of time. Also I agree that we need to be patience on waiting, because bitcoin will always increase time by time.

I am in favor of this guys. I will do the same thing. It is very important to be patient specially in trading. Holding bitcoin can get more profit.

[L00n3y]

That strategy requires you to have good timing on the market. But the problem is, by doing so, it will make you emotional and you will be prone to make mistakes making you lose some of your money.

If you want the best strategy for ordinary investors like us, "buy the dips". If you have a job you should save 20% of your monthly salary and make that available to buy when Bitcoin's price is falling.

This topic should be on trading but this is what I'm doing I'm setting the sell to a price of 20-40% but I'm not using the profit to buy another btc. Some times I'm using it to buy some alts or cashing it out  to pay for monthly expenses. And when I got lucky and the alts that I bought gave me a promising profit then I will buy again a Btc.

[rodel caling]

That strategy requires you to have good timing on the market. But the problem is, by doing so, it will make you emotional and you will be prone to make mistakes making you lose some of your money.

If you want the best strategy for ordinary investors like us, "buy the dips". If you have a job you should save 20% of your monthly salary and make that available to buy when Bitcoin's price is falling.

i agree with your opinion is great because i blileve bitcoin goes uprise again after the dips. i think after the issue about bitcoin hard fork this coming november the price value of bitcoin pumping uprise and the return profit after you can buy the bitcoin at lower price you become happy holding bitcoin for long terms.

[pugman]

Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

Not the best strategy I have heard of or thought of, but a decent and a good strategy and yes, you can get some profit for sure and this is what most people do, sell high and buy low and maybe put their hands in altcoin which also seem to be very profitable.  But be careful one mistake and you will suffer a huge loss.

[ajmapalo22]

I think everyone is using that strategy because that's the best way to earn bitcoin thru investment but you really need to watch the market fluctuations, if you are doing bitcoin during your idle time and you have a regular job it will become difficult for you to keep an eye on the board for me it still more wiser keeping your coins for a long term period then sell them after 2 or 3 years that will surely give you a good profit.

[aoluain]

Its certainlg all about timing and being
Able to buy bitcoin when the price falls like
We just had in the last 24 hours, but you
Have to be checking at least every 12 hours.
A lot can change in 12 bitcoin hours.

[DoublerHunter]

I think everyone is using that strategy because that's the best way to earn bitcoin thru investment but you really need to watch the market fluctuations, if you are doing bitcoin during your idle time and you have a regular job it will become difficult for you to keep an eye on the board for me it still more wiser keeping your coins for a long term period then sell them after 2 or 3 years that will surely give you a good profit.

That is the right thing to do if a person who have bitcoin or uses bitcoin then it is better for him to keep in long term and it is the best for almost all the bitcoin user because they can save time and money in that strategy which can give them a huge return after a few years of holding so even though you have job or not then holding bitcoin is a great strategy.

[Agamemnus]

The wisest strategy of Bitcoin is buying and holding it can be tempting to sell but you never know when the price is going to crash or rise up and it is not wise to try to time the market just buy and hold!

[nightwishx]

just be honest. I have not had a special strategy or anything. I just buy and hold bitcoin until the time is not specified (exactly until bitcoin price rises in a conducive situation). if we can find the right moment, we can get many benefits.

[ObscurePen]

Yeah. This is a widely used strategy. It is called the “buy, hold and sell strategy”. Basically you buy your Bitcoin or whatever you want at a nice and low price. Then you hold your Bitcoin for a while, until the price jumps back up, and then sell. You can make a decent amount of profit with this strategy. By the way, I don’t think that you will be able to buy Bitcoin at 2000 $USD anymore. Bitcoin price is way too high for that to happen. It could crash, but it is unlikely. The best that you are probably going to get is most probably much higher. I would suggest that you buy Bitcoin now. It seems to corrected and stabilised. Perhaps, it may rise in the near future.

[zarados]

That's what a good traders do. All i may say is you already have a good strategy on trading "buy it low and sell it on high" but the thing is that you  just sell a bitcoin equivalent on what you've invested and buy low again using it, that's a good one. The only advise i can give to you is
•Always be active at market since market is a wild place you will not know what will happen to the price there.
•Always have patience.
•Don't let your emotion eats you.
•Always stsy calm.
That's the only advise i think i can give since you already have a great strategy and i may say i learned from you. Good luck sir and thank you  

The wise strategy for me in bitcoin is to work harder than before and hold it for long long long run of time. Also I agree that we need to be patience on waiting, because bitcoin will always increase time by time.

I am in favor of this guys. I will do the same thing. It is very important to be patient specially in trading. Holding bitcoin can get more profit.

Glad to hear that, and yes, every strategy sure have a weakness on it. And what are you mention above was some of it weakness. it need patience, you should be more attention to market and also news that can impact to its price ( just like bad news in china yesterday). So it's not that simple to do this. Always provide your free money, to buy the dip, because it can be happen anytime, keeping your money on bitcoin are more profitable than in the bank.

[zarados]

Yeah. This is a widely used strategy. It is called the “buy, hold and sell strategy”. Basically you buy your Bitcoin or whatever you want at a nice and low price. Then you hold your Bitcoin for a while, until the price jumps back up, and then sell. You can make a decent amount of profit with this strategy. By the way, I don’t think that you will be able to buy Bitcoin at 2000 $USD anymore. Bitcoin price is way too high for that to happen. It could crash, but it is unlikely. The best that you are probably going to get is most probably much higher. I would suggest that you buy Bitcoin now. It seems to corrected and stabilised. Perhaps, it may rise in the near future.

You're right, bitcoin looks strong at $4,1K yesterday, but it seems to down again. I actually never get the lowest price or the highest price. It's difficult to predict when the price stop falling or when the price stop jumping. But I always learn from those thing, and other mistake i've been done, Like I just say, mistake are proof hat you're trying.

[Nahl]

your strategies were good with your basic capital you're able to buy and buy again and makes your bitcoin was increase but with the current price it doesn't really works because the price looks stable $4000 above unless the price might be back to $2000 then your bitcoin maybe increase with very fast

[swscowods]

your strategies were good with your basic capital you're able to buy and buy again and makes your bitcoin was increase but with the current price it doesn't really works because the price looks stable $4000 above unless the price might be back to $2000 then your bitcoin maybe increase with very fast

Bit coin can be used for both investment and trading purposes. People carry on different strategies for both. Those people who use bitcoins for investment purposes plan its long term use through which they can get profit in next 5-10 years while those who use bit coin for trading purposes often buy bitcoins when their prices are low and sell when their prices are high.

[tailwate07]

your strategies were good with your basic capital you're able to buy and buy again and makes your bitcoin was increase but with the current price it doesn't really works because the price looks stable $4000 above unless the price might be back to $2000 then your bitcoin maybe increase with very fast

The best strategy is to hold coins in the days when price is low and then hold it to the price rising days and when these days come one should earn profit by selling them by trading and best way to gain profit is to keep patience and wait for the time to struck and you’ll enjoy the profit and bitcoin assure you for good profit.

[zarados]

your strategies were good with your basic capital you're able to buy and buy again and makes your bitcoin was increase but with the current price it doesn't really works because the price looks stable $4000 above unless the price might be back to $2000 then your bitcoin maybe increase with very fast

Actually, every strategy has the right and bad time to implements. Just like this, If you're using this method while the bitcoin price was stable, altought you will not get a profit from it. But whe you see nowadays, while the price are in the peak, I believe this strategy could work to increase your amount of bitcoin. I understand that is difficult to decide when was the peak, is it a peak already or it will continue to rise. But at least, we could decide to cash out while it is near the peak, not must be in peak. good luck.

[Lei Crypto bounty]

If i have a bitcoin left i will Hold my Bitcoin until fork this october to get some free Bitcoin gold then put it on alts that have a potential growth on value long term..

[Beparanf]

your strategies were good with your basic capital you're able to buy and buy again and makes your bitcoin was increase but with the current price it doesn't really works because the price looks stable $4000 above unless the price might be back to $2000 then your bitcoin maybe increase with very fast

Actually, every strategy has the right and bad time to implements. Just like this, If you're using this method while the bitcoin price was stable, altought you will not get a profit from it. But whe you see nowadays, while the price are in the peak, I believe this strategy could work to increase your amount of bitcoin. I understand that is difficult to decide when was the peak, is it a peak already or it will continue to rise. But at least, we could decide to cash out while it is near the peak, not must be in peak. good luck.

it will only up for us ,how we will make decusion and how we do research, having some saving and doing some strategies on learning to trade and do some research will be fine as long as yu know what you're doing.