jpoker272727
Legendary
 Offline
Activity: 1137
Merit: 1000
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September 18, 2017, 09:06:21 PM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
It varies from the project/coin because there are some coins that have a long term roadmap and there are some opportunities to hold them. For example Iconomi is a long term even though I have sold a large part of them and got a good profit since I participated in early stages. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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GreatOrchid
Legendary
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Activity: 1092
Merit: 1001
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September 18, 2017, 09:10:47 PM |
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Nobody is going to reveal his tricks, but there are no "specific" strategies for doing trading, you need to make your own prefered way of trading. Maybe if you copy another trader you are not going to be able to manage the funds like he is doing, or maybe you will make a little mistake and that will make you loss all your funds, that is why everybody needs some knowledge before doing cryptotrading, it is not easy, it requires a lot of practice before.
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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September 18, 2017, 10:59:15 PM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
It depends on your starting capital. My strategy is I just do some short term trade. Specially when uptrend and sell the coins if I already have 10%-20% profits. Just keep reading specially on the news on every coins. That could help to you, good luck ! Well honestly i am not holding a coin which is only good for short term those altcoin are new releases coin that possible good movement in the short term but in the end they are turn into cheap coin.. For me if you really wanted to make a good profit better to choose an altcoin that actually already have a good rankings in coin marketcap that you can hold for a long time it is good if you are holding a good amount of top 20 altcoin like ethereum litecoin zcash or mononero those are good choice to hold for a long time and make profit if you seen the price increased. . News are also can help so better to check about the updated news for that altcoin . |
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soham
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September 18, 2017, 11:06:10 PM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
There is no hard and fast rule for trading. It all depends on the situation and your risk taking capability. So no one would be able to tell you about holding time of a coin or what amount to put in to trading. because, that differs from case to case. You need to track the market very well before you can enter trading activities because if you don't track the market well, you will probably end up making huge losses. Secondly, you need to have patience while trading. Don't get tempted while trading with a particular pair. If you see that you are making loss at a particular trade, and there is no hope for the future, you have to take that loss and exit from that position. So, you need to have the power to face the loss sometime. |
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Barbut
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September 18, 2017, 11:12:13 PM |
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After day trading, which wasn't successful for me I started with buying and holding altcoins. Which coin I will buy depends from my research here, I like to have altcoins that have future. Which coins have future are the ones that offer some innovation. IOTA, waves, ripple, digibyte, game credits are just some of the altcoins that I currently hold cause I expect their price will rise a lot. I'm just buying and I will sell when I get to the profit I wish, for one year or two its not matter.
Recently I made a mistake cause I sold my litecoin stash, and I could buy again in dip but I lost opportunity to buy cheap litecoins before price jumped up.
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aardvark15
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September 19, 2017, 01:29:18 AM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
When I was trading Bitcoins on a regular basis, I would only trade in small amounts. I would place several small but orders spaced apart so I didn't have to worry so much about catching the bottom of a dip. Same for sell orders. I would place several sell orders spaced apart also. This strategy is a little like dollar cost averaging where you buy a little bit at a schedule time so you got some at a lower price and some at a higher price. My strategy differs in that the buys at not at a set time but at set prices always leaving myself leverage to keep buying as the price drops. |
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nasqar
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September 19, 2017, 01:55:43 AM |
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There are many tips and trick here,
the best strategy probably to be ready with surprised,
to be ready to loose money and be ready to like coffee
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trecore4
Sr. Member
Offline
Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
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September 19, 2017, 03:00:07 AM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
Trading strategy is nothing but "in what way you are personally comfortable whilevdoingbthevtrades". For example, bob might just be very easy putting his stakes on xyz coin because he thinks it might pump in the near future and then he can trade it for good value. But when you see the coin you say you have different perspective regarding the same coin and it may not boost like that. So there is confusion and that's all because of your personal views. So first strategy would be your views, your study regarding the coins. There should be collection of coins but never go all nerdy about it and buy any coin that you just think will be great one. Just have normal collection of few coins and hold them for long. If you think they are getting more on negative side of the graph then you can sell. |
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herurist
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September 19, 2017, 03:35:31 AM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
Your trading style depend your mindset & skill. For newbie, I believe they will take day trading as their style, using 30 - 60% from their coins to make profit with medium time period but for expert usually using 50 - 80% from coins with long time period. Because I don't have much time, I decide to use expert style ( not because I'm expert ), to not wasting my time in front of pc. Buy/ sell/ hold depend your target and stop loss, when reach the area just take action, for me 2 - 3 month is enough. Have a nice day. |
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entrepmind23
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September 19, 2017, 04:00:32 AM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
The mantra in trading is buy low and sell high so if I see a coin have an incoming update, I do a technical analysis on that coin and determine some key prices like support and resistance. If the coin reach support and the indicators suggest a buy then I would buy it and set a stop loss. It is important to have a stop loss so that in case there is a dump to that coin then you already set an amount of how much you are willing to lose. I subscribe to some group that give some free trading signals. I know that it is not a wise thing to do because many of them are scam but there are some legit signals too. I don't often follow their signals but since they are the one who are mostly updated to the latest developments then I would check it first if they have not pump it before giving the signals to its members. |
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nasqar
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September 19, 2017, 08:22:42 AM |
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How much coins do you use when you trade? All of them?
Yes, I do trading for of abput 60% of my coin
I HODL for a long term coin
I buy some long term coin and I HODL it
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monkeybars
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September 19, 2017, 08:46:42 AM |
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The best trading stratagy is "never panic". Use it quite often. Saved me a lot of money  |
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Cryptomillionaires
Jr. Member
Offline
Activity: 36
Merit: 3
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September 19, 2017, 09:03:05 AM |
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Definitely be first to the news, I am a big fan of this free daily news broadcast. I use it amongst other things to make my decisions: https://cryptowhale.co/chatI then do my own TA based on their recommendations, if it looks good, I trade. |
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TheQuin
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September 19, 2017, 09:11:12 AM |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
For trading, as opposed to accumulating to hodl, my strategy is to keep it very simple. When there is a selloff buy pullbacks at halfway back of the last move up and scale out of the position as it moves up again. After a consolidation buy/sell the breakout for a quick scalp trade. I only use a very small part of my coins and trade on margin. It isn't time dependent as the market will take as much time as it wants to get where it does. Set a profit objective and a stop loss and let the market exit the trade for you. |
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radenbachtyar
Newbie
Offline
Activity: 34
Merit: 0
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September 19, 2017, 09:27:44 AM |
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we can do the trading strategy by learning to people who have more experience and we can also search the internet and find a good strategy to do tranding. so that the tranding strategy that we do can bring satisfactory results
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Kocret02
Sr. Member
Offline
Activity: 1120
Merit: 250
Trident Protocol | Simple «buy-hold-earn» system!
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September 19, 2017, 10:42:01 AM |
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the simplest strategy for beginners is where you place your purchase as the main thing. because with the purchase you can calculate the income. For example, you buy at a cheap price you can already get a profit when the price is high, you do not have to sell the whole coin at a high price. but you sell according to your needs and the rest you can play the remaining coins for future trading or you use for savings and investment.
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zzSunZZ
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September 19, 2017, 11:09:28 AM |
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When i'm holding coins, actually i gonna make a big research about them: like "what is the project about?" , "which team manage that project "," what is it rank", " how big the marketcap is?", "What happen to that coin?", "Why they are down or up?". When you got all these informations, you can make a good decision to choose which one for holding, which one for selling.
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ultrasonicsite
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September 19, 2017, 11:20:31 AM |
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The best strategy for begginer is practice and base knowledge about trading on markets.
If you don't have base knowledge any strategy will be useless.
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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September 19, 2017, 12:06:09 PM |
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The best strategy for begginer is practice and base knowledge about trading on markets.
If you don't have base knowledge any strategy will be useless.
it all begins with knowledge and experience. the more we often experiment then we will be smarter to make decisions. the best trading strategy is those who dare to try various circumstances. |
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JohnBitCo
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September 24, 2017, 06:54:25 AM |
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I do not trade all my coins, because it is so hard to lose everything you spend the life time on collecting it because some were just pump and suddenly dump, I suggest you if you trade your coin to another coin better have it in just few percent so it will not let you regret in times when you lose it.
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