Basic Bitcoins Strategies during downtrend?

[Kronos21]

Now bitcoin sets the trend for all coins. Therefore, it makes no sense to invest in altcoins. I used to always sell bitcoin at the time of the fall and profit from the rise in prices for altcoins. This year, this strategy does not work. So I sold all the coins and bought bitcoin. I will be holding bitcoin until the end of the year. I think that the price increase will not be before the end of autumn.

[fromnicetoevil]

This is a nice strategy which you have going there although not everyone can really pull it off. For me I am not trading for now, I am just holding and buying more to add to my portfolio while the market is down.

[Pan Troglodytes]

For me the best strategy so far (working miracles until these days - as for the future, we shall have to wait and see) is to just have the bulk of my crypto holdings forgotten, relax during all that turmoil of volatile price moves, and wait for the general  bitcoin adoption.

[ethereumhunter]

actually, I am not doing a daily trade or weekly trade because I don't think that this will be good for me since I am not too often to check the price on the market. and now I only do check the price if I want and I think it is better to hold and don't do anything if we are not sure about what is going on in the market. this situation is too risky for most people but of course not for people which have skills to determine the buy price and the selling price. I see you don't take a big profit and I like that you decide to only take 10% of the profit so you can survive in this downtrend and if you keep continuing this, I think you can reach a big profit in monthly.

[strwy09]

In the fall, I will choose to continue to hold my currency. Because I believe it will appreciate, I only need to wait silently, but not every time I will be so lucky, but I still profit, so I will continue to use my approach.

[newguy05]

One basic strategy I have in my mind at all time is to buy it step by step, while the market trends seems to be downward then you can increase you purchase power frequency but in general buying it step by step helps you to make risk diversion.

[JeBro]

In order to save your money during a sudden downtrend, you can use a simple strategy. If bitcoin has decreased by 10 percent,
and any altcoin from the Coinmarketcap top ten by 20% or 30%, then you should buy this token. After the market recovery,
altcoin must necessarily grow to the previous parity with Bitcoin. Thus, you can earn 10-15 percent on the market fall.

[BingoDog]

Depends on your position. At what price did you buy bitcoins and what is your long term strategy. If you estimate that you are in bad position and the price is much lower than the price you have bought your coins the best thing to do is to wait for the price to recover. Don't sell you will only make the situation worse and don't check the proce all the time, you will just have additional pressure.

[jamiebear]

The clear strategy is Buy & Hold. Bought and keep. I recommend to plan it as a long-term investment with some simple strategy of fixing. For example, detecting 10% each time when the net asset valuation increased 5 times from the previous commit. Well, it’s simple! But this strategy will only work if you define the investment horizon in a radius of 3–10 years. Prepare to wait a long time.

[aksen]

3. I joined more bounty campaigns and sold 100% most of them and convert to bitcoins then fiat.

How many alt accounts you created for this here ? Control your emotions while responding here.

[fulmetal08larz]

To be honest, you have a good strategy in basic trading method. As long as you have a goal, your own strategy in achieving that goal which can be modified, discipline, and patience; everything will be fine. Always exercise caution during downtrend. You can also try to split your portfolio, the other half for long term goal where you will do the cost-averaging method.

[daarul50]

When bitcoin market conditions are undergoing a downtrend like this I do is hold my bitcoin and wait for the price to recover. But, when I have a fiat balance I will buy some bitcoin and sell it when it reaches 5% -10% increase. It keeps me earning both daily and weekly profits.

[Vit83]

You can go short in margin trading holding whatever you want. If you believe that downtrend will continue  - go short and get profits) But there is a huge risk that btc will bounce with one huge green candle when you don't wait for this)

[recklessMe]

Have firm nerves and hold it with the hope of future increase. It's no secret that bitcoin is volatile, so I believe it will return to its previous position or even more somewhen.

[Dmitry.Vastov]

Share your personal bitcoin strategies during unstable market conditions, on how you were able to minimize your losses or even made gains maybe we can share other personal strategies here on how you maintain your porfolio's balance in a good scale. I'm not a TA person so my personal experience is all based on fundamentals.

1. I sold all my shit coins and convert them to btc.
2. I do a daily or weekly trades based on fundamentals and news on my alts holdings.
3. I joined more bounty campaigns and sold 100% most of them and convert to bitcoins then fiat.
4. Everytime bitcoin drops ( again my personal strategy) i used all the fiat from my bounties to buy bitcoin then sold them once it hits  (10%) gain.
5. I keep on repeating this strategy and noticed that i really survive the downtrend even i didn't not sold my initial btc balance to fiat.

I know there are lots of very technical guys here who managed to survive by selling their bitcoins to fiat and eventually buying during lows. I shared this just to inspired those newbies who are not comfortable in converting their btc to fiat ( as sometimes makes us to loss more ). There are lots of good strategies to maintain our porfolio's balance which does not required extra money from our pocket but only requires more effort. I look forward to learn more good strategies here by sharing your own, Thanks in advance and Godbless to all of us!!!

The only strategies during the downtrend is to buy more and more bitcoins and hold them till the valuation inflates because holding your bitcoins during downtrend is the only basic rule in any kind of investment.

[Dklinov]

Share your personal bitcoin strategies during unstable market conditions, on how you were able to minimize your losses or even made gains maybe we can share other personal strategies here on how you maintain your porfolio's balance in a good scale. I'm not a TA person so my personal experience is all based on fundamentals.

1. I sold all my shit coins and convert them to btc.
2. I do a daily or weekly trades based on fundamentals and news on my alts holdings.
3. I joined more bounty campaigns and sold 100% most of them and convert to bitcoins then fiat.
4. Everytime bitcoin drops ( again my personal strategy) i used all the fiat from my bounties to buy bitcoin then sold them once it hits  (10%) gain.
5. I keep on repeating this strategy and noticed that i really survive the downtrend even i didn't not sold my initial btc balance to fiat.

I know there are lots of very technical guys here who managed to survive by selling their bitcoins to fiat and eventually buying during lows. I shared this just to inspired those newbies who are not comfortable in converting their btc to fiat ( as sometimes makes us to loss more ). There are lots of good strategies to maintain our porfolio's balance which does not required extra money from our pocket but only requires more effort. I look forward to learn more good strategies here by sharing your own, Thanks in advance and Godbless to all of us!!!

The best way not to loose is to get USDT for your BTC. It is the most stable currency out there serving as sort of safe for your currency while the market is deep and red. You can actually even make some nice profit when the market will go even deeper and for the same value of USDT you can buy BTC and increase its amount.

[fanbeila]

I too just follow the strategy followed by most and just sell my altcoins to catch the train bitcoin.I just hold the bitcoins which I already have and increase my holdings during such down trends.When bitcoin price rises again,i would just sell the newly bought bitcoins and enjoy the price rise and would continue to hold the old bitcoins.

[hurriebra49]

My strategy is do not sale any thing,  i am just wait and hold and i will try to buy some more coins but i do this all for long time purpose because the market will go up and give back you good profit,

[basharatseo]

for trading bitcoin strategy is just simple follow twitter and youtuber

[hadveach]

yes, the bearish market makes everyone panic and worry, the bearish market influenced by people who does not understand bitcoin strategy when the market is bearish.

I will not sell all my small altcoins, because if small altcoins have good growth, I will always hold.

my strategy when the bearish market is hold or buy more crypto. and today I have a little asset of some altcoin, especially in bitcoin.