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Author Topic: A wise strategy for your bitcoin  (Read 6262 times)
DoublerHunter
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August 23, 2017, 07:45:12 AM
 #61

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.

i think you do the right thing and because of this, you can increase your fiat and your btc in the same time. but you need to analyze how much the price will increase and decrease so your order buy and sell can filled and of course you can increase your profit. but all in all, I am agree with your strategy and its really work for you. maybe I can take some lesson from this and mix with my own strategy. thank you for this.
There is no need to analyze the price because he is doing the right thing in trading of bitcoin and yes he is doing good in increasing his bitcoins and also the value of bitcoin in fiat at the same time so i think that kind of strategy is a good thing to follow by the newbies which can develop their trading skills too.
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August 23, 2017, 08:50:22 AM
 #62

this is like trading in stock market focusing on single stock, this strategy is good but need timing and patience and controls emotion. it was a very good opportunity when you buy  750 usd  @2000/btc which is .375 then sell the half when the btc inflates @4000 usd/btc. this is what some stock traders do their trading strategy, but the best recommended strategy is you diversify your btc trading like btc-eth , btc-neo or btc-eos or other alts that has a good performance for the past couple of weeks.
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August 23, 2017, 01:36:24 PM
 #63

Sounds simple enough, right? But that's actually easier said than done.

There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.

This is a good strategy obviously, there's no problem if initial capital is safe. Buy whenever dips happens is a good idea in order to maximize the potential to get profits. There's no loss in case of investing in bitcoin as long as you can hold it for long term, in the end bitcoin price will recover again after its price fall down, it's already been proven all this time, no need to worry about it.
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August 23, 2017, 05:30:55 PM
 #64

You have to come up with your own strategy and you have to come up with your own process take care of thanks. If you look to other people for their strategies that you're not going to be able to properly pull it off when the time comes. You have to understand notches what is being done but why it is being done.
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August 23, 2017, 05:53:18 PM
 #65

The easiest way is just to hold because some predictions are that bitcoin will hit 15000$ until 2025. If you have spare time your strategy is good enough for increasing amount of your btc .
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August 24, 2017, 07:06:52 AM
 #66

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.

I think your doing and applying the short term, But the you do is also risky. Though its profitable but there's a bit danger in your action. If were you for you to minimize your risk most of your investment must be hold for awhile, though it may takes long because we don't when will it rise but at least its safe anyway. For sure you get a big reward profit soon.
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August 24, 2017, 07:18:53 AM
 #67

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.
I can say that your strategy is right because you will not losing money with your style. No matter what your strategy to gain profit on bitcoin but the important is take care of your funds for not getting lose.
I can advice you that buy a bitcoin at a very low peak to earn huge profit when its on the high.

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Ewox
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August 24, 2017, 07:24:03 AM
 #68

I think you are doing the right with that kind of strategy because that's what I am doing with my coins as well but I only withdrawn my capital once. And yes, you should always buy them when the coin dips or at least that's what I'm doing now. This just doesn't apply with bitcoin itself but also those other altcoins that you have put on hold too.
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August 24, 2017, 07:53:51 AM
 #69

Not bad for additional income. That is really the proper way of investing in bitcoin buy when it's low and sell when high but it's better if you keep it a little longer have a target date of selling so you can harvest higher income
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August 26, 2017, 06:02:20 AM
 #70

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.
So far you have done well . And market goes as your expectation . what would have you done if market price were not drop to $3900?
Obviously, he will keep his bitcoins and wait until the dip occurs again. If you are saying that the prices will keep rising and will never dump again, it does not gonna happen. On the other hand, even if this was the case, he would be still earning huge profit by doing nothing. He has some good trader skills.
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August 28, 2017, 01:10:22 AM
 #71

So far you have done well . And market goes as your expectation . what would have you done if market price were not drop to $3900?
Obviously, he will keep his bitcoins and wait until the dip occurs again. If you are saying that the prices will keep rising and will never dump again, it does not gonna happen. On the other hand, even if this was the case, he would be still earning huge profit by doing nothing. He has some good trader skills.

He's Right, I'm focused on my bitcoin amount, not the price. So, if I sell some of my btc at $4100, I'll buy back again when the price below it. Maybe at $4000 or $4050. This is crypto currency and this is bitcoin, there will be always a fluctuatuion.that was One of its character, and thats why, many people love it. Because with its fluctuation, you can earn more profits.
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August 28, 2017, 01:38:41 AM
 #72

My wise and only strategy in Bitcoin is by not shelling out money for it. This makes me invest no money and therefore no risk of losing my money. What I invest more is my time. Time on joining and participating in signature campaigns to earn some extra Bitcoin. With that, I can easily become an investor of Bitcoin without buying any. What that my strategy makes me earn Bitcoin that I can sell when the price is high. Only time has been invested but it is not actually that hard because I can do Bitcoin posting in my spare time after or before work or weekends.
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August 28, 2017, 03:25:45 AM
 #73

Sounds simple enough, right? But that's actually easier said than done.

There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.

this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?
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August 28, 2017, 03:34:24 AM
 #74

Sounds simple enough, right? But that's actually easier said than done.

There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.

this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?

i think its worth if we are still hold even if the price is down and not panic. but if you want to sell while the price is down then I can suggest to you to make an order sell in one range and you don't have to always watch the market. if the price is up until your price then your order is filled without you login into your account.

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August 28, 2017, 05:12:51 AM
 #75

Sounds simple enough, right? But that's actually easier said than done.

There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.

this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?

Luckily, everything you say is still in the "if" circle, and I have not experienced it, I do not expect it that way. I know and you know, if the price goes down, then all we need to do is buy more or in bulk. Because bitcoin will always go back up. Am I right?. So, if a huge dump occurs, I will increase my capital, and buy in large quantities.
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August 28, 2017, 05:16:25 AM
 #76

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 that's the pretty much the best strategy to use for casual investing in BTC. I also did the same thing, it's easy and relatively safer and after one sale when you break even then you have nothing to worry about as the BTC you have are essential just free money. So you wouldn't be very upset even if BTC died tomorrow. If you are just looking for some small profit and want to hold BTC then you can continue with this strategy.
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August 28, 2017, 05:28:43 AM
 #77

I think the way you do it is true, but I suggest you are not too brave to buy at a high price unless you are really ready to lose. You just need to put when buying more accurately.
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August 28, 2017, 05:41:24 AM
 #78

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.

Yes this is the normal trading, but also you can try to trade for Altcoins, it can 8x your money. Example is the OMG coin, August 1st price was $1.32/coin and on August 17, it went to $9.28/coin. But choosing the right coin to buy is like a gambling, so goodluck.
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August 28, 2017, 05:41:54 AM
 #79

Sounds simple enough, right? But that's actually easier said than done.

There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.

this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?

Luckily, everything you say is still in the "if" circle, and I have not experienced it, I do not expect it that way. I know and you know, if the price goes down, then all we need to do is buy more or in bulk. Because bitcoin will always go back up. Am I right?. So, if a huge dump occurs, I will increase my capital, and buy in large quantities.
,easier said than done, i think he said "if" because nothing is unsure, and yet we keep on investing, that is nature in order for us to move forward, expectations can also lead us to frustrations so let us not assume for earlier results or fast response. as I have said at the top, based on my experience it  is boring for me to just keep watching on the charts all the time, and yet there are also lot of stuffs to do in my job. although we are hoping for something in the future, its up to the person also doing his own initiative in terms of his actions towards this certain problem.
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August 28, 2017, 05:45:56 AM
 #80

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.
Good strategy friend. I will also try to use the strategy you use. But at this time my capital is so small so i will try to apply it in altcoin.

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