A simple Strategy for the Crypto Trade Market

[ivankoh]

This strategy is not so bad but I am usually with rowing around 10% to 15% from my investment capital monthly to meet needs of my family and to have some fun because I need to reward myself because of working here.

This is also an interesting investment and just as you feel happy then what is exactly. I usually take profit when my investment returns over 20% and cut losses when it falls below 10%. The market is recovering and investors can expect and growth in the coming time.

[KyoNitro]

hELLO I am a trader and here i am with my experience yet....

Few strategies which i have learnt during my trade period ..

First we must understand that Crypto market is being influence by whales {those have huge amount of bitcoin or alts (whatever you trade i go with BTC here).}

BTC

First always convert your amount in three equal ratio

like you have 10 bitcoin in your wallet for trade ..

1. keep 30 % in BTC
2. Convert 30% USDT or Other fiat (write down the rate)
3. Choose your alts (promising tech) and write down  the rates.
     Select 2-3 alts not more.

first 30% will be use for mid - term trades .. 2-4 weeks
second USDT or fiat is for day trade - intra-day trades.
third your alts will be at volume trade. until their ATH, doesn't matter when they come..Increase volume of your alts daily. 1 or 1000 doesn't matter

by this way you will not go in loss and only have to follow btc and few alts.

New ICO or upcoming are like buy dip and enjoy moon ride..so transfer your day trade profit in them so you can bear that much loss..if its come out of scam ..or bought any other alt at wrong time.

Trading needs patience and this crypto market trade comes up with three economics, IT IS NOT A FOREX NOR ANY TRADITIONAL CURRENCY.

World has seen this very first time so no one know its future.


Your capital must remains safe..and you never know market can make zero to hero. 

The only significant point of your strategy is the 30% division of capital amount. But how can you blindly say that we will not go into loss by following your strategy??

Market can take u-turn anytime and all your alt value and bitcoin value will go for a toss. What will you do in such situation? Trading is a very complex practice. Do not over generalize it!

I’m not making fun of trading here, it needs patience as I mentioned and I did not mentioned everything about stop loss or other terms, it will make many confuse.
Market can take u turn any time I agree for that I came up with this strategy. It is a long term investment don’t get me wrong.  And I am not saying it blindly, you can try at testnet. I did.

[KyoNitro]

hELLO I am a trader and here i am with my experience yet....

Few strategies which i have learnt during my trade period ..

First we must understand that Crypto market is being influence by whales {those have huge amount of bitcoin or alts (whatever you trade i go with BTC here).}

BTC

First always convert your amount in three equal ratio

like you have 10 bitcoin in your wallet for trade ..

1. keep 30 % in BTC
2. Convert 30% USDT or Other fiat (write down the rate)
3. Choose your alts (promising tech) and write down  the rates.
     Select 2-3 alts not more.

first 30% will be use for mid - term trades .. 2-4 weeks
second USDT or fiat is for day trade - intra-day trades.
third your alts will be at volume trade. until their ATH, doesn't matter when they come..Increase volume of your alts daily. 1 or 1000 doesn't matter

by this way you will not go in loss and only have to follow btc and few alts.

New ICO or upcoming are like buy dip and enjoy moon ride..so transfer your day trade profit in them so you can bear that much loss..if its come out of scam ..or bought any other alt at wrong time.

Trading needs patience and this crypto market trade comes up with three economics, IT IS NOT A FOREX NOR ANY TRADITIONAL CURRENCY.

World has seen this very first time so no one know its future.


Your capital must remains safe..and you never know market can make zero to hero.  

If your 10 BTC or any money on BTC that is still from the last year's pump then I will recommend you to not trade all of that trade a little amount of it like .5BTC no other than that if you think holding your money in BTC will make your capital safe then you are both wrong and correct even though we have various news about bitcoin's upheaval but that doesn't mean it will go all the way to it from the looks of it. It is far from starting.

I understand your point Sensei ..virtual money is like Orkut you never know when mark will hit it.

[Blackmoon84]

By number 2, do you mean forex? Ain't that much harder compared to ordinary trading with cryptos and stocks? I mean i can say that i have few to little amount of knowledge when it comes to stocks and cryptonbut not forex...
Although i agree to divide everything into three. It's truly wise to gain little by little instead of going all out, that's a huge gamble.

[Sandra999]

The strategy you listed above is quite a good strategy for trading in the crypto market as funds are diversified well and this strategy manages risks and maximizes profits very well.

[aliraza6663]

Your plan is much improved one but to fulfill it is another task. i think majority will distract by lot of illusions around

[adzino]

Most of the "strategy" you mentioned are actually quite risky to execute and others are just something you can easily "say" but hard to do. "Pick 2-3 altcoin that are promising" - this is the most hardest part. You can't just go out there and randomly find your promising altcoin. And ICO tokens are the worst option to invest on. You might make some quick profit but you might end up having nothing if you choose the wrong scammy ICO.

[taraatedesco]

Thank you for sharing this. You learn something new everyday, don’t you? I will consider to practice it. Cheers!

[bigdude]

you dont need to sell off for BTC to gain from BTC's fiat fly
if BTC flys... so do al the ALTS, FIAT WISE
itll still be worth X satoshis.. but that
X satoshis will be worth a lot more FIAT wise

[ironman2014]

It is always good to hold some part of your portfolio in bitcoins, because whether you believe it or not between can be great again, and if you will hold as you said 30% of your portfolio in bitcoins and it will became $50,000 you won't regret it.

[canadinhano]

The simplest strategy I have seen so many successful people is hold, hold on for a long time. You will be profitable, just like that.