HOLD by TRADE , that is possible?

[kent47400]

it's a trick always used by people here to trade cryptocurrency.
but unfortunately we can't guess when the ADA price will go down or up.

maybe you need to add stoploss when the price decreases before the price drops dramatically.

[1714811029]

1714811029

[1714811029]

1714811029

[enawati]

Price of crypto is nearly unpredictable, and we can see big dump was happening in crypto market, so in my idea to minimize the risk, we should be use 50% of fiat/USDT balance on every trade, and others 50% fiat we can use it to buy back at lowest price when the price dumped, so loss from first open potition will recover soon. Since not any sign bull market coming , this strategy is good to use to avoid loss and to recover loss. Never forget to use stop loss to avoid huge loss.

[GreatArkansas]

With that, you can accumulate more coins if you are rebuying at the dip, but the profits is too slow, much better you make a long term position, with what you doing, it's still totally risky. Really risky. You need to avoid that.

[sedahan13]

That trading strategy will not all the times work, and sometimes we will miss higher profit cause too early sell or will loss because to early buy. Crypto has very high fluctuacion and will be not good idea to hold it, day trading or swing trading with use stop loss is recommended and more possible to get profit by monthly consistent.

[tadpole_bitfrog]

This is a normal strategy and anyone can do it. I used to do that but my judgment was inaccurate and led to my loss of capital. Earlier I bought ETH for $ 220 and sold them for $ 236. But when the market went down again, I bought ETH for $ 219 but now it's down to $ 200. So in this market, judgment is less accurate.

[quandong]

Compared to the beginning of 2018, investment seems to be better than it is now. But if you have a strategy then the market is still good for your investment.