monalia
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Activity: 685
Merit: 14
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April 25, 2019, 07:55:53 PM |
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When the news spread saying bull trending starts people will start investing on their favourite coins and some guys says buy and HOLD strategy to follow and make money but investors are never choose the top ranked in my view. they will pick the best coins which have the opportunity to grow more in the marketplace. If that growth is there on bitcoin we can invest on that else we can choose the token also which can grow well in the marketplace.
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fullhdpixel
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April 26, 2019, 04:07:33 PM |
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it's very unfortunate if you sell your assets when bullish has just begun, of course the best strategy is to keep holding back, and even highly recommended to buy more, collect as much as possible, until you find ATH, and sell right then.
It has been around more than a decade since the crypto market has been full of investors and almost everyone who has studied the crypto market knows that it is just not possible to make money overnight by speculating in any coin. You have to give it some time. One can make some good money in crypto by speculating and holding the coins for over some years and only then a rise in the value could be considerable. I mean just looking for ATH for bitcoin kind of high potential coin may let you regret for selling earlier. You must keep holding or you should not exit completely.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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April 26, 2019, 04:15:02 PM |
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it sounds like you want to say 'bearish market' the bullish market has more profit to offer, the only thing i do in that condition is trading only on those token that are high(pumped) i divide them for use and retain little. but if i have a big project to go into, i sell a whole project and forget about it,and work harder for more.
The simplest strategy is buy and hold, it is utilized by most investors. It aimed at profits from a sustained bull market. It's also a safe bet for newbies in trading. The other ways to maximize profits in a bull market is trying to buy on pullbacks. In this way we can get a better entry price, and at the same time, we also can get the chance to use a smaller stop loss. It is best to build trading knowledge and develop smart trading strategies. No body can say that they only have earn this market, but now a day only trading is really good, so we should buy and invest our money for trading it will keep us safe from bearish panic selling, but if you see the market is approaching the bullish we should ready our coin to trade or sell, as we know bullish comes really for short time period, so just grab the opportunity. As you said, grabbing opportunities in cases like this, as market really away a lot, being prepared and always take your position to favor you is the right thing to do, selling when you already have a good percentage of profits, stop being greedy if you are working with short term trade, grab every moment that allows you earned.
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emmybd
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April 26, 2019, 04:30:53 PM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
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Ipwich
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April 27, 2019, 06:08:53 AM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
There are good signs of a bullish market and I agree with you on your opinion, though the market is currently up especially bitcoin but most of us still will not sell since we bought at a higher price and this increase is not enough to give us good profit. For all of us to be satisfied bitcoin needs to surpass its ATH by creating a new and it's expected we will see an altcoins big rally that time.
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OrangeSeller
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May 04, 2019, 08:38:14 AM |
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First I want to say, still market on bearish mode. We can't call it bullish market. Altcoin just start recover. You can get profit but its bit risky. We don't know which coin will recover now. But I like to buy on dip, so we can expect recover and get some profits as well. Those coin already recovered there is risk to entry that coin. So choose a potential coin which isn't yet recovered.
It seems to me that today it is very difficult to make a choice among all existing coins, because the unequivocally poor state of the cryptocurrency market will make certain adjustments in the development of many projects. I think that today the risks of losing your funds have doubled compared with previous years. Then either you take your luggage and leave this world or if you are to stay, deal it with determination and bravery. Risk taking would make great traders. Although the market is down but you can hundreds of people earning money. They take this problem as opportunity and making huge profits. Altcoins and bitcoin, two choices, both are potential carrying, just need a bit wise strategy and firm planning to withhold all storms of market.
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Iykecollinz
Copper Member
Jr. Member
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Activity: 294
Merit: 1
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May 04, 2019, 03:20:42 PM |
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Particularly I avoid coins with such high gains or more in day, they are very slow to recover if you miss the sell and they dump. The idea is not to get to greed, buy the comfortable red candles and sell the green top and repeat, use of stop loss is equally important If I have a trade and it has not yet in profit and I decide to take my eyes off it. The only challenge is that there is no exchange that has the take profit and stop loss ability at the same time. Would have loved to place both and it makes sleeping trading swift
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Indamuck
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May 04, 2019, 03:34:27 PM |
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I try to dump whenever there is a big dump and set low buy orders overnight to hopefully increase my trading stack. I only use a small amount of money for trading because it is extremely risky and it really sucks when you sell a large amount and the price never drops back to those levels.
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Pattart
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May 04, 2019, 04:20:15 PM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
There are good signs of a bullish market and I agree with you on your opinion, though the market is currently up especially bitcoin but most of us still will not sell since we bought at a higher price and this increase is not enough to give us good profit. For all of us to be satisfied bitcoin needs to surpass its ATH by creating a new and it's expected we will see an altcoins big rally that time. for the current conditions it has not been confirmed about the arrival of bullish or the end of bearish. but the OP asks about the strategy applied when bullish, and it has nothing to do with the current condition #imo I think the best strategy when bullish or before bullish is to collect as much bitcoin as possible and wait until ATH
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whiteblue
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May 04, 2019, 05:31:43 PM |
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I try to dump whenever there is a big dump and set low buy orders overnight to hopefully increase my trading stack. I only use a small amount of money for trading because it is extremely risky and it really sucks when you sell a large amount and the price never drops back to those levels. I think that could be a good strategy because it uses when the price of a coin in the exchange falls and certainly it can give you the opportunity to buy coins at a cheap price, take advantage of traders who are easily panicked and buy as much as you can.
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Idrisu
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May 04, 2019, 07:15:18 PM |
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My strategy recently was just support and resistance, with RSI indicator. I am more on swing trades, observing the supports if it breaks, then I go short but I also consider the previous support/resistance and the RSI of it. And in resistance, waiting to break with confirmation before entering for long trades, it's so risky to catch knives now, you'll get rekt.
Since the market is ranging I think support and resistance level through scaping is the right thing to do now in trading. Because of what has happened in the past, traders are ready to take profits no matter how little it is.
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MalakEnay
Jr. Member
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Activity: 52
Merit: 1
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May 04, 2019, 07:46:09 PM |
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If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin? If yes Then please explain here so that we can earn profit also.
It seems to me that trying to catch each coin before being pumped is an impossible job, because in a market where there are thousands of coins subject to a potential pump of great magnitude it would be necessary to be seer or fortune-teller to choose the right one in advance, or to have a great capital to buy many of them, hoping that one of them gives us the expected dividends.
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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May 05, 2019, 02:29:24 PM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
It means that you are a very cautious person. Probably, it is a good tactic, but you will never earn with it too much. It is better to search for new ways of making money on crypto.
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onecall123
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May 05, 2019, 03:03:03 PM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
It means that you are a very cautious person. Probably, it is a good tactic, but you will never earn with it too much. It is better to search for new ways of making money on crypto. Everyone has individual tactic, at that point he will likely be correct. Still a long shot, but who knows anything is possible. Every single individuals aren't like taking risks, bold step may give us a decent return. I should comply with his methodology, being optimistic about cryptocurrencies is our job.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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May 05, 2019, 07:26:39 PM |
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Indeed there is no sign for us to know where the price will go, but I often use the strategy when I have got profit I'll keep an eye to the market and also to the new will come. It's hard way maybe but that is works for me, then I look also to the my technical analyst be it I see the candle itself to predict the price will continue to up or will go down, it will be seen as far as I know.
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futile-resistance
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May 06, 2019, 06:30:18 AM |
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If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin? If yes Then please explain here so that we can earn profit also.
If you are speculating any low volume coin then it could easily be manipulated and pumped by a group of peoples for their own benefits. Common peoples like us would hardly have any profits from it and we may simply end up by buying any shitcoin at the peak. I have tried participating in such instant pumps but never had any profits. I have some coins which I bought at the price of 100-150 satoshi and are now not even worth a single satoshi. Our normal trading is something which can make us have profits instead waiting for a miracle to happen where we would earn by participating in any of such pump.
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neonshium
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May 06, 2019, 06:48:47 AM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
There are good signs of a bullish market and I agree with you on your opinion, though the market is currently up especially bitcoin but most of us still will not sell since we bought at a higher price and this increase is not enough to give us good profit. For all of us to be satisfied bitcoin needs to surpass its ATH by creating a new and it's expected we will see an altcoins big rally that time. for the current conditions it has not been confirmed about the arrival of bullish or the end of bearish. but the OP asks about the strategy applied when bullish, and it has nothing to do with the current condition #imo I think the best strategy when bullish or before bullish is to collect as much bitcoin as possible and wait until ATH Whenever the bullish markets arise, the volume goes up and the price starts pumping slowly and steadily. That is the time went we need to buy most of the bitcoins and hold them until the highest price is reached. This might need a lot of research and also ability to buy at the dip and hold until the highest peak. Now would be the best time to get into bitcoins and buy most of the bitcoins because the price for bitcoins have started growing and it might any time have an instant pump where most of the big whales would buy maximum of the coins. You could also speculate the bitcoin addresses holding maximum amount of bitcoins so that you can track their activities and see whether big whales are buying or selling their coins.
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bummm
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May 06, 2019, 01:21:35 PM |
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If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin? If yes Then please explain here so that we can earn profit also.
It seems to me that trying to catch each coin before being pumped is an impossible job, because in a market where there are thousands of coins subject to a potential pump of great magnitude it would be necessary to be seer or fortune-teller to choose the right one in advance, or to have a great capital to buy many of them, hoping that one of them gives us the expected dividends. Naturally, it is better to concentrate your attention on the altcoins that will not fall (first of all). Then, you can choose the potential gainers from them. The last step is to pick a pair of leaders in this group.
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Cosbycoin
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May 07, 2019, 05:41:20 AM |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
BTC market price has answered the false statement or pessimism that was building against it over the past year. A lot of analyses were failed in analyzing the future of Bitcoin but the reaction of Bitcoin left them speechless. They were predicting that Bitcoin has no future due to its low price but since few months the price has been showing its uptrend and this bullish trend is a good time for holders.
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guoyu78
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May 07, 2019, 09:52:58 AM |
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If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin? If yes Then please explain here so that we can earn profit also.
It seems to me that trying to catch each coin before being pumped is an impossible job, because in a market where there are thousands of coins subject to a potential pump of great magnitude it would be necessary to be seer or fortune-teller to choose the right one in advance, or to have a great capital to buy many of them, hoping that one of them gives us the expected dividends. Naturally, it is better to concentrate your attention on the altcoins that will not fall (first of all). Then, you can choose the potential gainers from them. The last step is to pick a pair of leaders in this group. I think that there is both rise and fall in almost every coin in the market. What I believe pays off in the end is your choice of the best coin among the top coins in the market. Bitcoin is a great coin for speculation these days and could be of great profitability. ETH is a leading coin among altcoin and could be of profitability if you speculate in it. BinanceCoin has also a good gaining trait.
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