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Author Topic: A wise strategy for your bitcoin  (Read 5934 times)
rmel0924
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May 12, 2018, 10:04:01 PM
 #521

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 have a very good strategy and I like that but that may need a high capital for me for now maybe I need first to work hard in order to earn bitcoins. And then your strategy needs also to be a good trader because if you really lack of knowledge in trading for crypto you will lose your money so better make a study first on how to do that.

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charlzyeby
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May 12, 2018, 10:06:36 PM
 #522

It is not a bad strategy, just that quick buying and selling don't give as much profit in cryptocurrency as the long term holding strategy. In the strategy you use, you are likely to sell immediately there is a just a little rise and thus, you may not allow your profit to grow to full potential. And the dips don't come at the time you expect them to come so I'd rather you tried the long term buying and holding strategy.
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May 12, 2018, 10:07:40 PM
 #523

I believe that the best strategy in bitcoin is to buy when the price is low and wait for the time that it's price will go high and there you made a good profit.

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May 12, 2018, 10:17:49 PM
 #524

The best and the wisest thing in bitcoin is with hold, when the price goes down and we also sell bitcoin then the price will continue to drop, by resisting the power of the seller then we can keep the price stable.
The wise strategy to do for my bitcoin is to just keep my bitcoin for long time because there is no doubt that in the future the price of bitcoin can more than $20k and if i can keep my bitcoin for almost 2years i am confident that i can became very rich in the future.

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May 12, 2018, 10:59:21 PM
 #525

Woah, this tactic is actually sound. Maybe I'll apply it to my portfolio, but then again i don't this this tactic is somewhat new. My friends from the stock market actually does this and they keep telling me this way back when. It could be applied here in crypto currency and could actually work. Thanks for the advise.

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May 12, 2018, 11:38:45 PM
 #526

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.
My own strategy in bitcoin was buy in low price and keep them and and wait for the perfect timing to sell it.

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May 13, 2018, 12:08:23 AM
 #527

It's difficult to time the market, so the simpler activity is simply purchase amid plunges and hold them for a drawn out stretch of time. The length in which you will hold would likewise rely upon what your objective is. On the off chance that you don't have any transient targets, should simply hold what you purchased and simply sit tight for it to develop in an incentive throughout the years.
anavir
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May 13, 2018, 12:20:38 AM
 #528

as for me,buying when it is in dip then hold until it recovers.As the price recovers and you see that it meets the profit you are aiming then it is time for you to trade.That is my simplest strategy on how i deal my bitcoin.

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May 13, 2018, 12:40:46 AM
 #529

seems like a good strategy to me.. But will require a lot of your time to execute the strategy and timing the market
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