A wise strategy for your bitcoin

[redsun114]

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.

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.

I also consider the dump as a golden chance to increase the amount of bitcoins.
It will regain its old price soon and may even surpass it. The more BTCs we will have in our pockets, the better it is for our future. No need to panic under such situation rather try to take the benefit.

[Larva14]

It's very hard to time the market, so the easier thing to do is just buy during dips and hold them for a long period of time. The length in which you are willing to hold would also depend on what your target is. If you don't have any short term targets, might as well just hold what you bought and just wait for it to grow in value over the years.

Actually, the best strategies that you could do if you want to gain more income is to hold your bitcoin. In addition to that, holding is one best way to earn and make more income. Holding of bitcoin is an opportunity to become rich. Lastly, just hold your bitcoin and become next millionaire in the future.

[HasHe]

Definitely,its a wise strategy.What's the main feature of your strategy is that you are  only selling half of your bitcoins and not whole bitcoins which most of people do.Definitely it would work good,but it would only benefit if bitcoin price falls much below the price you have bought and in today's situation,i think that this strategy would not benefit more since bitcoin price is steadily rising due to steady increase in demand and not falling much.But instead of bitcoin,if you use this strayegy in altcoin,then it would work much more since altcoin market is very highly volatile than bitcoin.

[jonatuzc]

As a newbee in cryptocurrency world, I think I'll use this strategy , because its easy to understand and we just need the right timing and patience to do it. So, thanks for share it. It will be very useful for all newbe in this forum if they read this.

Yes, indeed, this is so beneficial and easy to understand strategy on earning profit in buying and selling bitcoin. And so it needs a perfect timing for you to gain high profit, timing is money in investing so just be very careful, buy low sell high that is needed in thus industry.

[zarados]

Definitely,its a wise strategy.What's the main feature of your strategy is that you are  only selling half of your bitcoins and not whole bitcoins which most of people do.Definitely it would work good,but it would only benefit if bitcoin price falls much below the price you have bought and in today's situation,i think that this strategy would not benefit more since bitcoin price is steadily rising due to steady increase in demand and not falling much.But instead of bitcoin,if you use this strayegy in altcoin,then it would work much more since altcoin market is very highly volatile than bitcoin.

well, I have tried to implements this strategy on alt coin like ethereum and litecoin, it's working, but need more time than do it on just bitcoin itself. because alt coin are compare with bitcoin, while bitcoin price seems to keep rising. I still confused, am I doing right or wrong, but I've tried, and not to think for a second time.

[Polar91]

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.

Of course you really did a great work that you call strategy on wisely handling your bitcoin earnings. It was also the same thing that I do on my own bitcoin earnings and I bet most of the bitcoin users also do to gain an extra income from their investments and by doing buy and sell work outs for their bitcoin. But doing such thing requires you to be observant and aware of bitcoin price rate status to be able to know if you are going to buy or sell your bitcoin holdings.

[geegaw]

It's very hard to time the market, so the easier thing to do is just buy during dips and hold them for a long period of time. The length in which you are willing to hold would also depend on what your target is. If you don't have any short term targets, might as well just hold what you bought and just wait for it to grow in value over the years.

Actually, the best strategies that you could do if you want to gain more income is to hold your bitcoin. In addition to that, holding is one best way to earn and make more income. Holding of bitcoin is an opportunity to become rich. Lastly, just hold your bitcoin and become next millionaire in the future.

Yeah, if we do not have any knowledge about trading and do not want to risk, holding bitcoin will definitely be a wise strategy but if we want to earn more bitcoin, want to become rich, want to become the next millionaire in the future, we should learn about trading right now. Trading altcoin is the shortest way to help us become millionaires, altcoin is often pumped strong, we can hold potential altcoin the same way we hold bitcoin, in a short time, we will be surprised about our profit.

[zarados]

It's very hard to time the market, so the easier thing to do is just buy during dips and hold them for a long period of time. The length in which you are willing to hold would also depend on what your target is. If you don't have any short term targets, might as well just hold what you bought and just wait for it to grow in value over the years.

Actually, the best strategies that you could do if you want to gain more income is to hold your bitcoin. In addition to that, holding is one best way to earn and make more income. Holding of bitcoin is an opportunity to become rich. Lastly, just hold your bitcoin and become next millionaire in the future.

Yeah, if we do not have any knowledge about trading and do not want to risk, holding bitcoin will definitely be a wise strategy but if we want to earn more bitcoin, want to become rich, want to become the next millionaire in the future, we should learn about trading right now. Trading altcoin is the shortest way to help us become millionaires, altcoin is often pumped strong, we can hold potential altcoin the same way we hold bitcoin, in a short time, we will be surprised about our profit.

Yeah, you're right. Sometimes I think that investation on cryptocurrency are more profitable than you bought a land , or gold with your money. And it is true. You've seen the price soaring this year, and how much percent the price jump since 2009. probably others will say that right now is already expensive to buy bitcoin. Of course, but you can still buy it, little by little. Or you can chose a good altcoins to invest, like ethereum ,litecoin, ripple, and others that still have a low price.

[SushiMonster]

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^ I always wait for the btc's price to fall before buying one - then I'll just set my selling price based on the highest price cap on my trade and eventually wait for it to reach it.

[Phil419She]

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.

Since you earned some profits I think youre doing well.  But you should also try altcoins,  there are many alt coins to invest.  Try buying some alt that are starting to rise,  I bet you can double your capital in half a month.

[travelgear17]

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 you are on right track about bitcoin....keep it up..and follow the real time update about bitcoin and analisys the marketcap that's it.

[staceyoh]

Nice strategy! I think you are doing
the right thing with your bitcoin.

[RomanPetrush]

Try to invest in some big ICO, cause there is an additional bonus on the first weeks of ICO. As well you've got an opportunity to invest in altcoins. Don't miss that chance, as this thing is just starting.

[ModGirl]

It's very hard to time the market, so the easier thing to do is just buy during dips and hold them for a long period of time. The length in which you are willing to hold would also depend on what your target is. If you don't have any short term targets, might as well just hold what you bought and just wait for it to grow in value over the years.

Actually, the best strategies that you could do if you want to gain more income is to hold your bitcoin. In addition to that, holding is one best way to earn and make more income. Holding of bitcoin is an opportunity to become rich. Lastly, just hold your bitcoin and become next millionaire in the future.

Yeah, if we do not have any knowledge about trading and do not want to risk, holding bitcoin will definitely be a wise strategy but if we want to earn more bitcoin, want to become rich, want to become the next millionaire in the future, we should learn about trading right now. Trading altcoin is the shortest way to help us become millionaires, altcoin is often pumped strong, we can hold potential altcoin the same way we hold bitcoin, in a short time, we will be surprised about our profit.

Dude, are you trolling us? Since when have the altcoins started to grow quickly (assuming this term is equal to pumping strongly)? Bitcoins still provide with a greater chance of converting a mediocre into a millionaire than altcoins. BCC is far better than ETH in my opinion.

[layoutph]

My wise Bitcoin strategy:
First, before Bitcoin enters the retracement peroid, sell your BTC to USD, then rebuy BTC once it reached the dip.

Next, now that Bitcoin has reached the dip. Buy an altcoin. Make sure the coin has already dump a couple of times due to retracement. Make sure to buy the dip.

Profit.

Wait for the next retracement, how? Learn chart reading.

[emezh10]

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 you have just done a nice way of gaining. Which is buying bitcoin on the time of dump is the best strategy of gaining a profit because you can buy it at a lower price so that when the price rate pumps, you can surely have regain what you have spent on buying that can enable you to buy larger quantity the next time the price rate dumps and just continue the cycle of buying and selling which can lead you to expand your bitcoin capacity which is really beneficial

[soham]

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.

That's a very simple technique your are using to get profit from bitcoin. That's the basic rule of trading, buy a low price and sell at high. So nothing new in it. If you can monitor the market and play it right, the profit is yours and it will work every single time. You don't have worry about it.

However, try some different techniques as well, like arbitraging. It is buying from one exchange at a lower price and selling at a different exchange at higher price. It is a very good technique and if you have time, then you can make full use of it. Just visit coinmarketcap website to know the different offer price in different exchanges. It will reward your suitably.

[claudiotiego]

I think you did a good strategy, but it may not always work. Also you can invest on other ways, like trading altcoins or just buy and hold your bitcoins for for future appreciation.

[xuan87]

It is a good strategy, as long as you can earn profit with the strategy then that strategy is working, but you need to take a step further, you need to learn to predict what is the factors that caused the price to go up and down and what is the minimum and maximum price that possibly reach, if you already know this things it will make you easier to make a decision in trading

[Heyyyrenz]

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