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Author Topic: A wise strategy for your bitcoin  (Read 5936 times)
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August 22, 2017, 04:20:59 AM
 #21

As highlighted many times, you have to be alert every time and be flexible with your trading hours. You can either go with small profits with less risk and more frequent trades but for that, you will need comparatively high capital. On the other hand, you can also go with less capital but the comparatively higher risk (i.e -leverage), in that you will be getting almost same returns but the probability of loss is more in that case. I think the wise strategy should have balanced risk while trading.

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August 22, 2017, 04:23:59 AM
 #22

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 is good that you keep on using your initial 750 dollar investment to profit but using that strategy with less risks, it will take you some time to profit. If you want you can add a little more on your initial investment for you to be able to earn more too. It seems that you are an experienced trader so keep it up with your strategy, I will find some time to try it too. I tried trading through altcoins before but I barely got a profit, I almost lost my investment too. But experience is the best teacher, and this is how the best strategies are made.

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August 22, 2017, 04:46:11 AM
 #23

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.
You are doing right with your bitcoin and that is a good strategy to grow bitcoin and that is what you called trading, just keep doing it and don't forget to analyze the chart or market by reading some news for fundamentals and also study chart for technical analysis and you will come up with a better trading strategy. As a newbie trader you are doing good with your bitcoins so keep it up.
Yeah, I see that's the great strategy to make Bitcoin increased, Now, I will add this strategy
in my note book. But I hard to know how to analyze the price in the market. Can you explain to me?


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August 22, 2017, 04:50:03 AM
 #24

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.
This is not the new stretagy of the trading in bitcoin price fluctuations but i am using this trick from long ago and also my big big traders friends are using this trick .
For a trader it is a tedious job to handle the price fluctuations , so if they bought at high then if the price get dummped then they need to buy a small fraction of the bitcoin again , And if again get down then they can again buy small amount to make the average of the price of the bitcoin at which they bought .
So use this trick to grow your bitcoin amount that you have , but here don't forget to make trading with this amount of the bitcoin with big coins because fluctuations in these days we are seeing in the bitcoin with only mostly increase and very small down ,so this is the trick to make money with long term hold of your btc .
But if you can make buy of altcoins with your bitcoin then you can easily make big earnings.
Best of luck Smiley

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August 22, 2017, 05:45:54 AM
 #25

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.

Generally what you did there is buy low and sell high. Most strategy in trading deals with this same concept and that is hope people profit from trading. You just executed that strategy that is why you profited from it. If you consistently do this then you would really profit really good, however, the price when to buy and sell is totally hard to predict, either you were lucky in your buy and sell or your were good at it.
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August 22, 2017, 05:53:51 AM
 #26

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.
Yeah thats good. If you do that again and again it will be good for you and you will have a profit when you do it regularly thats a good choice and starts for you and for us who wants to earn and who wants to make bitcoin as our investment thats quiet good and promising choice to us. So nice choice buddy.


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August 22, 2017, 06:02:47 AM
 #27

Just so you know, another dip just started, the price of Bitcoin dropped almost 10% during last 24 hours.
From around $4000 yesterday to $3724.95 currently bitcoin is started a sharp downside correction.
It is a good time to use Op's strategy and buy some cheaper bitcoins.
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August 22, 2017, 06:10:08 AM
 #28

Yes, buy low and sell high. You can keep doing this to grow your BTC.
However it comes with risks. For example when you sell your BTC at a price you believe it is high, but BTC price keep climbing up.


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August 22, 2017, 06:17:38 AM
 #29

You timed the market this time and made you some profit. But what happens if the price keeps falling? That is the risk you are taking of you are trading. You can hodl some of your bitcoins and another part for trading. Or just buy the dip, it is proven profitable as well.














 

 

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August 22, 2017, 07:00:23 AM
 #30


The strategy is very good and as we can see it is working for you. Also, this strategy is very common and people keep grabbing the profits like that way time to time. However, you will need lots of patience and right time to grab the profits. Bitcoin does not goes up and down with that much major change every time. This is same strategy or I think almost the same thing as reinvesting the compound amount into your trades or investment when you get the profits. You have to be very keen about the market movement though.



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August 22, 2017, 07:16:32 AM
 #31

You timed the market this time and made you some profit. But what happens if the price keeps falling? That is the risk you are taking of you are trading. You can hodl some of your bitcoins and another part for trading. Or just buy the dip, it is proven profitable as well.
Trading bitcoin -  altcoin is risky so I prefer like to trading bitcoin -  fiat because the price of Bitcoin will keep increase and the value of fiat only slowly decrease.

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August 22, 2017, 07:52:45 AM
 #32

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.
You are doing very great. There is nothing need to be worried. Just hope that the price will not be pumped too hard so that you can re buy bitcoin with the cheap price. When I see bitcoin bump to $3300, I sold all of my bitcoin and then, it was pumped up to $4400. What a damn decision

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August 22, 2017, 07:57:55 AM
 #33

The main principle is right. Buy at lower price, sell at highest and re-buy at lowest price again. However, you need to do that on the right timing. It requires some knowledge and understanding of the markets. But it's learnable as everything. You only need to spend some time.
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August 22, 2017, 08:04:36 AM
 #34

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.

If you are not doing some other more important things that you can fully monitor the price movement of Bitcoin all the time, then perhaps that would work in your favor. But you need to be certain with your Bitcoin's price prediction. Or else you are just wasting some % of pump in what you are doing.
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August 22, 2017, 08:08:47 AM
 #35

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 is very goood strategy dude that's how a trader growing up their bitcoin. i usually call strategy like that with " playing in safe zone " because at first you try to get back your capital value, playing in the safe zone is good but to get big profits take a time little more.
i have no doubt that it is very effective to avoid losing with your trade.


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August 22, 2017, 08:19:53 AM
 #36

Your strategy is good. But I recommend you apply it to the sale between BTC and the Altcoin. The altcoin is easier to control on volatility than the BTC.

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August 22, 2017, 08:31:41 AM
 #37

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.

This should be in the Trading Discussion section.


Every action that nets you positive btc is good no matter how small the gains are. As long as you are not losing anything and gaining something, you are on a good run. Also, it's good that you know how to do some simple bankroll management and not get greedy. That is a one-way trip for you to lose money = no bankroll management.

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August 22, 2017, 09:04:49 AM
 #38

Your strategy is good and you got lucky buy bitcoin is the right time, but we can't always predict what will happen to the market. When you bought bitcoin again you could have use half of your money and then buy again if the price goes down.

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August 23, 2017, 12:30:04 AM
 #39

Your strategy is good. But I recommend you apply it to the sale between BTC and the Altcoin. The altcoin is easier to control on volatility than the BTC.

I doubt its right dude, because what I'm seeing in altcoin i.e ETH, I've some of my btc stuck there, its movements are so damn slow, in the other side, bitcoin keep on rising, and my btc on eth keep on drowning. but I have no idea with other alt, but I don't chose this strategy because of that.
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August 23, 2017, 12:54:53 AM
 #40

Your strategy is good and you got lucky buy bitcoin is the right time, but we can't always predict what will happen to the market. When you bought bitcoin again you could have use half of your money and then buy again if the price goes down.

Anyone who buys Bitcoin at any time is lucky. Seriously anyone who ever bought Bitcoin and held made a fortune. I think there is no difference now and soon people who bought now will have made 5x on their investment like everyone else and the others will be saying "I wish I invested in 2017". Grin


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