Which is the most effective method for Coin Trading?

[SuperTA]

There are already some good tips here, mentioned by other users. I could add my strategy which i find quite less stressfull and it's a combination between holding and trading. It's called swing trading. One of the strategies is to trade between 2  moving average lines. (MA's cross). On the daily chart, you look for 20 day moving average  and 50 day moving average lines. (MA 20 and MA 50)

 When they cross bulish, it's time to enter a trade until you see it will cross bearish. The bulish MA cross happens when the MA 20 and MA 50 make a cross and MA 20 goes above the MA 50 line. The bearish MA cross happpens in the same way, just that the MA 50 line goes above MA 20 line. Usually you also need to consider other indicators as well. But this method helps.

[1714060479]

1714060479

[1714060479]

1714060479

[1714060479]

1714060479

[1714060479]

1714060479

[1714060479]

1714060479

[Slow death]

have some beer

 

No, No, No... never give this advice in africa, because you will be turning a good man into a beer addict, Africans easily look at beer as a haven to hide their frustration, their failures and thus become addicted to alcohol. When I lose money, I prefer to sleep to calm down and then I wake up and I take some time to think

but many people are buying only when the price is high if they keep doing this they are going to lose their money.

Of course, they do not know when the price is high and when the price is low

[noormcs5]

Holding coins is a trading, In trading we buy and sell and between them we do hold. I don't think just like you said that holding coins is same like trading. I think Holding coins is a trading, and it is most effective method for coin trading. Without it how could we do trade? 

I must disagree most people 90% bought on the peaks, holding is a disaster for them, the only way to recover the losses is smart daily trading, but it is hard. To be successful trader you need to spend many hours on learning and beat your mind. 

You can't disagree with 90% people, majority is always right. If you are disagree then you should say that you can't do it long term trading. If you think that day trading is better then also you say that it is hard, that's why majority people are not doing it. But it is our choice we choose that way where we feel ourself comfort and more profit, however it is day trading or long term holding.

[Flangler]

Holding coins is a trading, In trading we buy and sell and between them we do hold. I don't think just like you said that holding coins is same like trading. I think Holding coins is a trading, and it is most effective method for coin trading. Without it how could we do trade? 

I must disagree most people 90% bought on the peaks, holding is a disaster for them, the only way to recover the losses is smart daily trading, but it is hard. To be successful trader you need to spend many hours on learning and beat your mind. 

You can't disagree with 90% people, majority is always right. If you are disagree then you should say that you can't do it long term trading. If you think that day trading is better then also you say that it is hard, that's why majority people are not doing it. But it is our choice we choose that way where we feel ourself comfort and more profit, however it is day trading or long term holding.

Daily trading is better for those who are experts in daily trading, I do not think that long-term is better than short and vice-versa, everything depends on the situations. Do you realize that only 10 % make a profit from trading? This is why I believe that 90% is wrong. You can't argue with that as long as you are in the red, and most people are ( I do not know if u are it's just an example). Actually, long-term trading (hold) is also trading. In the end, hodling is good when you do not care what will happen with your funds, an invested the amount of money which u can afford to lose.