How to swing trade and profit

[LUCKMCFLY]

I agree with OP's appreciation, especially when he talks about the bearish market, even so when the market goes down a good trader must win while the down occurs, when we talk about doing hodl the concepts change greatly.

If we have a culture at a financial level that is focused on investment, it is obvious that our mind will tell us Hodl, because we are investor in nature, but we cannot assume a hodl position in altcoins all the time, because altcoins depend directly on BTC and if BTC falls in price then altcoins fall quite strongly, and if the price of BTC rises in the same way, this is according to the type of personality you have.

[horrifiedx1]

As far as I know swing trading is we analyze for the medium term, so the analysis is for the next few weeks. With swing trading, our target will be further away from daily trading as well as stop loss, of course, will be wider than daily trading as well. In swing trading, we usually use a larger time frame to analyze it

[el kaka22]

Established altcoins keep repeating the same pattern relative to btc, which is readily readable, even when fiat prices tumble dramatically and by swing trading, you can redouble your position over time without risk.

This was not a good assumption as no once could figure out the exact bottom for any coin. Repeating same pattern is definitely short living one. If you buy by assuming a bottom then you may need to wait a prolong time when market shows another bottom. I have experienced this kind of wait with many coins even with bitcoin as well. Because, there will be no guarantee that every time market will bounce back after certain fall and there will be no limitation for any coin to have same bottom level. Making lower low is most common; in such scenario, your funds may get locked in.

There were plenty of examples where coins never bounced back and stayed at lower circuits; one good example is EOS (a coin after so-said huge successful ICO, lost more than 95% value and staying at lower circuit for more than 3 years).

So, swing trading may get you profits if you are lucky for not entering at the "last round" of pump and dump.

Swing trading through Dollar-Cost-Average may help you crack profits as this strategy includes your waiting time as well. No strategy without providing time for waiting may not work for profits all the times.

[Anguwa]

Whenever the market crashes, everyone holding a coin professes HODL. If you're a non-trader and confident that you invested in the right coin, by all means just hold. But a trader doesn't just hold altcoins.

Over the past 6-7 months, and even in the last couple of months, I've been swing trading to great effect. Whether the market takes a long-term bull or bear pattern, it's always conducive to swing trading as long as you don't get greedy.

How do I swing trade? Take multiple positions on steady, established altcoins, such as Neo, at low RSI(weekly). Sell at roughly 15-20% gain(relative to btc) and buy in at next pullback.

Established altcoins keep repeating the same pattern relative to btc, which is readily readable, even when fiat prices tumble dramatically and by swing trading, you can redouble your position over time without risk.

Even in a bear market, you're making gains.

I was impressed today because I know about swing trading today. I never know about swing trading I was holding my crypto token in the deep and sometimes I sell in the deep it all depends on the nature of the token I hold and how raid the price drops. But now I will learn more about swing trading.

[martina14]

If I am going to choose, perhaps this time is the best scenario to buy coins in which We think has a potentials to increase again in the future while the price value of Bitcoin was down at the moment. Because surely, once the value of Bitcoin get increase again 100% the majority of the altcoins in the market will get also go up too.