Trading is the key to increase your portfolio in the Bear Market

[wizardcrypto]

l start trading Cryptocurrency in the year 2015 as novice, l read lot of books on forex trading such as "Japanese Candlestick Charting Techniques author by Steve Nison" which l integrate the knowledge l got from those books into Cryptocurrency.  l was mentor by great minds knowing when to buy and sell any Crypto Asset  and hodl Crypto Asset that have high future potentials. Cryptocurrency trading is divide into two analysis which are briefly discussed below

1.Technical analysis: this are time frame price action movement of a Crypto Asset base on history. chart are study carefully to know  how a Crypto asset have been trending within  a period of time.This chart can be in form of a candle stick  chart , line chart , bar chart . the chart i use is candle stick chart which helps me to know if the bears or the bulls are dominant in the market which is pointer . In technical analysis there are indicators that enhances my interpretation of the candle stick which are list below
i. RSI: this is the relative strength index . is the oldest of all indicators . this helps me to know when a coin is over bought or over sold
ii MA: this is the moving average that helps me to double check the average price movement of the coins/token
iii MACD: this is moving average convergence and divergence, this is the last indicator i used to test if a coin is at the support level or resistance level
 outside this indicator there are others  could help to enhance my trading such as  Bollinger Bands,stochastic ,Ichimoku Kinko Hyo etc .

2 Fundamental Analysis:these are factors that might influence the price movement of any Crypto Asset such factors are frequent announcement and update of the Crypto Asset in social media , political influence  ,economical influence.this is  the first analysis l do before trading to find out from news channel such as Coincheck, CNN, Cointelegraph about negative and positive news with respect to any Crypto Asset.This help me to no when coin is about to be pump or dump.

laws l use in trading
1. The coin must have a big market size before trading
2.  l trade only with what l can afford to lose
3.  l don't use emotions to trade
4.  l trade with Big exchanges
5   l use the stop loss features for trading

crypto asset l traded
1. NEO
2. BTC
3. XRP

Winning Strategy
i use three strategy that have make to increase my pofolio
1. volume : after my fundamental analysis l look for coins or token that have accumulate volumes and gathering momemtum
2. trending ; the trend is my friend after the laws of technical analysis have been broken .  
3. scalping : when i see that number 1 and 2 strategy is fulfilled i scalp .

Trading Time frame
l use the 30mins time frame to scalp

My Risk management
risk management enable me to manage my portfolio and control how much am willing to lose or gain per trade,  that is why l use stop loss . am ready to risk 10% of my porfolio to increase my portfolio by 25%. the risk ratio is 2:5 with respect to loss/gain.

Exchanges l have traded
l trade with big exchanges because of their features .
1. poloniex
2. binance
3. Bittrex

In conclusion my experience as crypto trader is that never be too anxious for price movement. Greed and Fear is the key factor that result to lost of Crypto Asset in trading .

Please kindly share your experience in trading so far  to improve a member of the forum skills in trading Crypto Asset

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[wilberthh]

I agree that announcement might drive the price higher, but right now the market is highly ustable therefore I don't think it's the same as before. Granted, it will be higher, but even with binance listing the highest gain right now is approximately +-10% unlike before which was 50%+.

The same goes for cryptocurrency trading. Back then, all you need to do was just hodl, and you were guaranteed to profit (especially in 2017). But right now, if you hodl then you are guaranteed to loss (especially in 2018).

 In my opinion luck plays a game here. As long as you have a great timing it would be great definitely. The problem is, how to do the timing?

[Itsmylife]

My experience is focused on one or two altcoins. Use TA to analyze their graphs, notice on buy volume weekly and supporting buy zone and read new information as soon as possible.

[Xiaolongnu]

My rule is always put stop loss point, and profit target from 3% to 20% depend on pair and market. Stop loss on time and take the profit when i get the target, not greedy.

[alian17]

I don't think we can really study the trading trend in the encrypted market. Because the encryption market is very unstable. The price change per minute is very huge. We must integrate all kinds of intelligence to make buy and sell decisions. So encrypting intelligence information becomes very important.

[Karlinz]

Nice submissions, though you were not quite explicit about your trade strategies and risk management, It is well known that crypto most times do not obey TA and the stop loss feature can be a blessing and curse at the same time. Most of what you posted are well known terms by an average trader.

[artem30011994]

The theme is good, but where is the trading experience? I agree, of course, that greed and fear will never give profit and profit, but only losses. by myself I know this. And this year one technical analysis can not be based, it often contains punctures

[wizardcrypto]

The theme is good, but where is the trading experience? I agree, of course, that greed and fear will never give profit and profit, but only losses. by myself I know this. And this year one technical analysis can not be based, it often contains punctures

If you read very well you see  that l do not base my decision placing an order only on technical analysis , also include fundamental analysis , this analysis have work for me,and thats why l share it for every one to learn and also contribute their experience on the trend for others to avoid further loses.

[Corelianer]

If you want to learn how to trade, I recommend first of all to the study of the book Jack Schwager Technical analysis

[uniquark]

Thank you for sharing useful for newcomers to the market, wondering and wanting to learn more about it. I think you should list some more information about the ICO statistics sites and the events of the crypto

[boyjackyou]

Why not focus on bitcoin itself?you do marginal trading and it is more easy because you wont need to check a lot of charts just one and its bitcoin's price action.TA and FA are the key to sucess,you wont succeed without these two important factors i agree with your statement except the last part..trading XRP because i do believe XRP isnt a cryptocurrency it is the worst investment that you will have,its like USDT which are being backed up by the banks which isnt acceptable.

[BlackBoxRecords]

In conclusion my experience as crypto trader is that never be too anxious for price movement. Greed and Fear is the key factor that result to lost of Crypto Asset in trading .
Please kindly share your experience in trading so far  to improve a member of the forum skills in trading Crypto Asset

I think that you have done quite well, so congratulations. My experience in trading is limited, but I concentrate mostly in coins or tokens that have been listed recently and have plenty of volatility. It went really well in the up market, but it became less interesting with time. The strategy also requires to be ready at the time of listing and trading quite a bit during the first days, thus it can only be done if you want to be on it 100%.

I choosed ICOs that had been oversubscribed and got into the train in the first moments of trading if I saw that it was going to go well.

[mahvia]

Hahaa... everyone is always expert when markets rise and most of them loose when crash comes. I prefer to hear from those who have been making good profit this year

[makishart]

The theme is good, but where is the trading experience? I agree, of course, that greed and fear will never give profit and profit, but only losses. by myself I know this. And this year one technical analysis can not be based, it often contains punctures

I thought that he's not talking about his trading experience but it looks like he was giving a suggestion based on his trade experience. TA and FA is really important thing but remember to enter the market when the price was very low will be very important to determine the best time to buy more coin.

[wizardcrypto]

The theme is good, but where is the trading experience? I agree, of course, that greed and fear will never give profit and profit, but only losses. by myself I know this. And this year one technical analysis can not be based, it often contains punctures

technical analysis works perfectly all the depends on what strategy that works for you .my vericoin, xrp etc have double in this bear market .my experience have taught me to feed on people's  fears  and greed because that when they sell or buy very fast .

[wizardcrypto]

The theme is good, but where is the trading experience? I agree, of course, that greed and fear will never give profit and profit, but only losses. by myself I know this. And this year one technical analysis can not be based, it often contains punctures

I thought that he's not talking about his trading experience but it looks like he was giving a suggestion based on his trade experience. TA and FA is really important thing but remember to enter the market when the price was very low will be very important to determine the best time to buy more coin.

Thanks for your comment mate.you can use aggressive trading strategy  by using the trailing stop features this helps to control your  risk reward ratio although not all crypto exchanges have this features . l believe complaining about when the bull run we start will not grow ones portfolio but divine and aggressive  strategy will do.

[Byzantium101]

1. The coin must have a big market size before trading
2.  l trade only with what l can afford to lose
3.  l don't use emotions to trade
4.  l trade with Big exchanges
5   l use the stop loss features for trading

This are the very basic rules to trade I agree. Rather than big exchanges, I would say that you need to have good liquidity. Some coins have decent liquidity in small exchanges. Also, the exchange must support the stop loss and take profit orders for sure.

[mahilchii]

If you want to learn how to trade, I recommend first of all to the study of the book Jack Schwager Technical analysis
[/quoti do agree yes reading about trading will help you a lot also try researching on your own in media, about their projects too this will help to know more about the project and market.

[vlad230]

[...]
Winning Strategy
i use three strategy that have make to increase my pofolio
1. volume : after my fundamental analysis l look for coins or token that have accumulate volumes and gathering momemtum
2. trending ; the trend is my friend after the laws of technical analysis have been broken .  
3. scalping : when i see that number 1 and 2 strategy is fulfilled i scalp .
[...]

I'm curious how do you pick the "winning" coin? I have done my research, I already know what the coins stand for and that they are active, from a dev standpoint, but when you want to speculate on the price to make a quick buck, how do you do it?

I find it increasing difficult to find the right moment when to jump in and "pull the trigger". Normally after I buy, the coin devalues and make me hold it to avoid transforming the transaction in a loss by selling cheaper.

Do you look for specific patterns in the trading history to know if it's a good time to get in or not?

[Bren Briones]

This thread has a very nice subject for traders specially to those that are planning to do tradings. I agree to the above mentioned statement that trading is the key to increase the portfolio in the bear market. It is also good that you shared your strategies so that out there, may people doing the trading will increase their knowledge. I hope that many trader will bring down their strategies and advice on how we can maximize and earn more from trading. Good luck!