A wise strategy for your bitcoin

[Eric Cartman]

Unless you are a true genious with lots of luck nothing will work better than buy and hodl as long you can.

[Rebisco]

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.

There are many strategies and techniques for us to earn many money. My strategy is simple : I buy bitcoins if the price is low and I sell it if the price is high. I always do that and I am happy because I earning big amount of money.

[Om.monata]

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.

the strategy is very good, with a capital that is already running once you can still have bitcoin and can also add bitcoin and profit in the financial sector. that sort of thing should be applied in order to always have the advantage. but certainly should understand all the risks, because every step there is always a risk.

[n4poleon]

That's very doable, you must have a good sense of market timing to sustain that, you may be doing day trading for a significant amount of time considering the price volatility. But in my opinion, it is kind of hard to maintain that strategy, you will come across a lot of market FOMO. Like when you sold at certain price and had a little profit but then it pumped few minutes after and next thing you know you'll never see the previous lows anymore not in a bullish momentum.

[olubams]

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.

Timing is a key feature in trading in short its the one important factor to be considered and its tldue to the volatility nature of the situation of things around. crypto and that is what made OP successful in his activities and tat could change with a twinkle of an eye and that profit would slump into loss.

[darthmaul]

Unless you are a true genious with lots of luck nothing will work better than buy and hodl as long you can.

Yeah basically op is just doing the swing trading with addition of compounding each time. Thus is good practice to follow if one wants to earn from zero. Thus strategy just takes your investment for the first time, gives you returns back and the money which was extra profit so called compound amount is traded back into the bitcoin for future growth.

It is slow but it works with assurance.

[secdark]

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.

Well that is one of the strategy that im using in trading in altcoin. It is really working pal only if the price pumps and it dumps , though in altcoin i takes weeks or sometimes days just it depends on the coin that you choose. Try to choose those coin that is very active in market , just take watch the history so that you do have backgrounds on it

[valentin68]

It is a good strategy to buy low and sell high, but what will happen if you buy low and you have to wait years for that high to come? Someone here told you to "buy the dips", I am telling you to "buy and hold". In simple words each month, invesr 10% of your earnings in bitcoins (or other promising alt-coins) and never sell them. In 3-5 years it the price will increase you will be rich. Very simple isn't it? (invest 5-10% of your earnings and hold for 3-10 years).

[onrise]

Unless you are a true genious with lots of luck nothing will work better than buy and hodl as long you can.

You can definitely improve your skills of technical analysis which will help you take a decision about forecasting of the price in future. According to the movement you can buy/sell and trade the coins accordingly so that even when there is a fall you sell it and but at dips which will earn good gains considering the big swing which happens in btc price movement.

Also you can hold some coins for long term and it will yield you good gains as price is rising continuous now.

[crazyivan]

That s a strategy? How is this a strategy? For your sake, I hope you re not over 14 years old.

[Bittoshi]

Your strategy might work in theory but in reality you never know how long the price will go down or up. But if you just buy some BTC when price is falling and sell at a higher price, you are on the right track.

[gribble]

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 right because there are no good or bad strategy investing in bitcoins or other altcoins as long as your strategy can increase your bitcoins, you must apply the rules and getting the profit. Everything depend on the style of investment in bitcoins long time strategy or short time strategy but the most important are not on the strategy but on the constant profit from investing in bitcoins, that is it.

[Mpamaegbu]

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 dude you are doing well with that. But next time try doing it with altcoins instead of Bitcoin if you want to earn more and progressively grow your Bitcoin. Sell off bit of Bitcoin, buy a promising altcoin. Wait for its appreciation and then sell it off and buy more Bitcoin. That's what I do.

[Carlsen]

That is a successfull description that you earn money when you buy something cheap and sell it at a higher price.
But I guess many of the people here in this board already now that.
Maybe it's smart to think about where to store your coins during the period you wait for the price increase. And don't forget the transaction fees.
Or keep an eye on the altcoins. Some of them tend to climb even higher than bitcoin for a short time and fall after that again.

[haroldtee]

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 a very good strategy. More like trading and being extracareful with it. However, you should be very careful when doing this. So many times you may predict somethings and may never really be the way you want it. It is good you are only going to be using small amount to do this so as to minimise the risk. Also, it is best if you join some of these exchange sites but please don't put all you have there. Bittrex is a good one for example. This will help you to automatically keep tabs to the price even without monitoring it. With Bittrex, you can set your sell order at a price and buy order at the price you want. Just an advise though in case you do not know about it already. Best of luck.
Also, like some people have said above me, altcoins are a very good way to increase your btc. Do your research, find out an altcoin with prospect, buy at the dip and sometimes, when they  pump, you get your good cool profit. Be careful of some shitcoins though.

[BitcoinGirl.Club]

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.

Its a strategy that might work but its not the most effective methods i have seen as far as i can tell because there will always be an emotional attachment which could cloud your judgement while you trade and this method seems to take long as you always need to be on the look out for pumps and dumps and if you miss any of these you dont make money.

[Dontme]

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.

In bitcoin industry each and every one of us needs strategies for us to profit. We have different strategies on how to grow our bitcoin. Your strategy is like trading, you buy when it is on the drop price and you sell it when bitcoin price rise and that was how you grow your btc. All I say is you did it properly and that was right for me, you have confidence on how to deal with it at the same time you have a wise strategies. That's how some business man do. You strategies is the kind of strategies I like.

[Ctn]

Very nice strategy and I liked the idea of compounding. It seems to be time consuming though, as we have to for very long until the bitcoin takes big jumps in market. Now we can't hope for hard forks each time and positive effect of it on the bitcoin value, lols, but patience is the key anyway. Each time i have read how people do the trading then there were words like patience, long terms, cold storage which indicates your strategy is i priced one along with compounding stuff. Will try to follow.

[niisarearning]

Its good strategy while your having fiat money to convert . I always invest on altcoins some highly fluctuating coins and i buy when the price really low and some high speculation coin if i am investing 0.1 bitcoin if the alt get 2X growth also i will get double of my investment . I witnessed upto 10X growth in some coins .

[stepwilli]

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.

Fluctuation is an essential part of crypto currencies. Nobody can stop BTCs or any other coins from dump. It will happen sooner or later. However, I cannot actually predict whether it will be sooner or later. His strategy is a great one, keeping him always on the safe side. I am impressed by his moves.