Check Out my Bitcoin Hugging Strategy!!!

[BITHUG]

Hi Friends,

Open two accounts in Bitmex. One for going long and another for short. You should enter trade same time in both accounts. when the price moves in one direction you make profit either up or down. If it moved sideways re enter after doubling your initial amount. Continue this process when you are in green.

For Example:

Starting with 2 bitcoin by depositing 1 bitcoin each in two bitmex accounts.

Current Market price of Bitcoin is 5151

Long 440000 in one account with 100X leverage, Liquidation @5126, Exit price @ 5211.
Short 440000 in one account with 100X leverage, Liquidation @5176, Exit price @ 5091.

Assume the price reached 5255,

Your profit in first account is 0.98 btc.
Your loss in second account is -0.41 btc.

So Net profit is 0.57btc

If you lose trade in both accounts don't be panic.
Re-enter with doubling the initial capital that is 4 btc if that fails 8 btc and so on..

So plan according to your total capital because bitcoin may move sideways for long time. You can change the above Leverage, Liquidation and Exit price to your preference and stick to it up to green. You can use this strategy anywhere you want for trading.

If you like my strategy, kindly donate me to the following btc address:
1C4xfQt3thrHohaBUySNYKHbw2dz83SUJp

Thanks.

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[Haunebu]

Do you honestly expect people to invest several Bitcoins to try out this strategy which is a pure high-risk strategy? I highly doubt this strategy will be feasible in the long term anyway and could work in the short-term.

Reminds me of matched betting somewhat, but still way more riskier in this regard.

[BITHUG]

Yes, it is risky(Martingale Strategy). Do not forget no risk no gain. One should plan according to their total capital.

Thanks for the comment.

[tunapa]

This is simply what anyone can think of doing and to me I don’t think it’s worth trying out. Personally I wouldn’t invest huge bitcoins in multiple accounts just to make some profit which can later ruin my capital. I would prefer to buy some good coins and hold to take profit and move to the next. You don’t need a double account to make profit in this space and you don’t need to invest huge amounts except you are already a pro.

[BITHUG]

You do not need to start with huge amounts.

Thanks for the comment.

[Kakmakr]

I have a similar strategy, where I have a long-term hoard and a short term day trading going on. I bargain on making some short term profits on my day trading and pushing those profits into my long-term hoard fund.    It is not actually day trading, because I buy low and wait for the price to recover <this might take several days or weeks> and then I sell for a small profit. <wait for the price to drop and repeat the strategy>

My long-term hoard goes untouched, until a new ATH is reached and then I take a second profit, by selling 50% of those coins.  

[BITHUG]

Good.. Here we will make profit whether its up or down. Stick with what you are comfortable.


Thanks for the comment.

[xvids]

This seem's like a gambling strategy martingale style on trading platform.
I think it is better to have a particular crypto for a long term and for a short term trade ,
For example BTC for a long term and ETH for the short trade .
You could also go with half BTC for a quick trade and the other half is for your long term.

[Jating]

I have a similar strategy, where I have a long-term hoard and a short term day trading going on. I bargain on making some short term profits on my day trading and pushing those profits into my long-term hoard fund.    It is not actually day trading, because I buy low and wait for the price to recover <this might take several days or weeks> and then I sell for a small profit. <wait for the price to drop and repeat the strategy>

My long-term hoard goes untouched, until a new ATH is reached and then I take a second profit, by selling 50% of those coins.  

Sounds to simply. But for those who are going to follow this route, you need to have that mental toughness just to hold for several days before selling for small profit. Rinse and Repeat.

Looks like the OP is a big risk taker though, 2 BTC as initial capital,  . Yeah, this could also be used for who have a small budget and just try to be prepared and take advantage of every market situations. Thanks for sharing your strategy.

[BITHUG]

Yes.. we have to be in trade always, because price fluctuates within seconds.


Thanks for the comment.

[BITHUG]

Exactly.. Start with small amounts with low leverage, so that risk is low. Because price may move sideways for long. Keep reserve for re entry.


Thanks for the reply.

[Greed Dev]

It is an investment strategy that has great arrangements and it is likely to bring great profits to us. But I think this is the time when the price of bitcoin is quite unpredictable. It has increased constantly from $ 3k9 to $ 5k1. It is an unusual thing that has never happened in the crypto market since early 2019. Is this a whale trap? it will collapse to $ 4k before adding $ 100 more as you say. This is my guess, any other comments?

[Bitinity]

Have you tried it already or it is just found this strategy then you share it here? If you have tried it already, would you mind to share how much you have earn with this strategy with valid proof?

[alisafidel58]

Honestly, I don't like this strategy of yours. For the long term, you will surely gain profit but with the short term you may end up losing so much. There is a huge risk for doing this kind of trade at the same time.

If you don't mind I would like to see some stats on both long term and short term if you have one.

[gantez]

Good.. Here we will make profit whether its up or down.

Martingale strategy is for high accounts and you enter with smaller risk size.

Again, remember when you make profit and exit in martingale strategy, you still have the opposite trade in loss and this can bring an account down.

[BITHUG]

Yes i have traded with real btc. Losing trade is adjusted with winning profit.


Thanks for the comment.

[Baofeng]

Yes i have traded with real btc. Losing trade is adjusted with winning profit.


Thanks for the comment.

Of course you do. As follow up to @Bitinity question, how much did you lose or gain using this strategy? Why did you choose Bitmex over all other exchanges? You trading using bots? I'm assuming you do in manually, what time of the day you usually short? I check the donation address, still empty  .

[Zadicar]

Yes i have traded with real btc. Losing trade is adjusted with winning profit.


Thanks for the comment.

Of course you do. As follow up to @Bitinity question, how much did you lose or gain using this strategy? Why did you choose Bitmex over all other exchanges? You trading using bots? I'm assuming you do in manually, what time of the day you usually short? I check the donation address, still empty  .

Bitmex would be the best platform for this strategy even on common exchanges too.I dont really like on someone who do really give out some btc address for possible tips just because of the strategy
had been shared up.
I would say this would work but if the market moves sideways then expect for a waiting game.

[BITHUG]

I choose bitmex because it will not directly affect the price of bitcoin, whether you go long or short. I do not used bots on bitmex. Also it provides great leverage and a reputed site too. Do not worry about my wallet balance it is none of your business. Those who realize the real potential of this strategy will do.


Thanks for the reply.

[traderethereum]

That will be good only if you have skills in watching the price moves. But I don't think that every trader can do that as we don't have the same skills as you. Besides that, you are using 1 bitcoin which can give you a big option to make the profit, and I don't think that it will be the same if we are using less than 0.1 btc because the amount of the profit will be different too.
But your strategy is worth to try, and you set a good price to exit the market.