What trading strategy do you guys use?

[carter34]

First of all traders will not tell you the exact strategy they use in trading industry its better to research,study and practice your own method, I'm not a pro trader but I have a knowledge in trading first thing I learned in trading is no easy money, no quick lambo you need tobe hardworking to gain knowledge in trading I used tradingviee to watch the price action of altcoin and bitcoin then I used some trading indicators like macd, rsi and 4emas.

I don't think guys here won't give out strategy or maybe you have not sincerely given some.

Op has asked for most simplest thing to do whose response would be diverse so it is left for Op to pick what strategy he/she would best prefer.

[JeffBrad12]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

The effective rate should be at the bottom rate, it can be determined when there was a coin that gets a huge decrease in its price. I don't have a special strategy but just try to take the main key like put some money as my reserved funds to create take my chance when the price was dipping. The effective rate just speculation and that depends on how the technical analysis of such coin.
To anticipate the bottom is always become my main strategy in many cases and this is a must to get into my rocket that will bring me to a lot of profit.

[rapsa2018]

Among the rest its better to hold if the price of altcoins continue to pump and hold it. So its better to sell early if you know the price get dropping by a little bit.

[Slow death]

Hey guys, what kind of trading strategy do you use?

I buy and hold for a long time.

and Why?

if you buy for the price of  $8000 and are willing to hold for 2 years, you will not have headaches if the price drop to  $5000 for example.

What's the effectivity rate?

it is very difficult to estimate this, but hold has already proved to be a very profitable long-term "strategy"

[el kaka22]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I can not say mine a "strategy" like the technical analysis people do because mine involves very little but mine has worked out for me so far so I can say I am happy with it.

Right now, we are in a bull market and the price is going up so I am definitely happy with what I have right now but before this all started bitcoin was more of a trend trader. That means it went down to a price and it went up to a price and then moved between those prices constantly, for example 3400-3500 prices and 4200 price was a trending price and I followed that, you let it happen once and when you learn what the bottom is you buy from there and you sell from the top and repeat that, if the price goes even lower you buy a bit more from your income, if it goes even higher you let it go up (just like what I am doing right now).

[rodel caling]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I use buy and sell strategy buy low sell high using bitcoin into altcoins for my day today trading work this kind of work need a focus to get sure profits even small percent the important is I can earn daily profits by doing this job. and today is the opportunity to choose  possible altcoins fly into  the moon if bitcoin continue to increase their price surely some altcoins will rises for long term hodl strategy.

[newgal2017]

I'm not really fan of holding since I know that I lost some of the opportunity to earn, what I do is either I do a day trading for a less profit but less risk or I do a swing trade wherein I'm taking advantage on the swings of the market no matter it's a bull or bearish market.

We all have different types of strategy we use but It depends on how much your investment is/ What type of coin is it/ or depends on the market status.

[Landak]

my strategy is quite easy, use a short-term method and simply get 3-7% profit per day from the total capital. And don't be too greedy.

[H0USE]

my strategy is quite easy, use a short-term method and simply get 3-7% profit per day from the total capital. And don't be too greedy.

Mine is the same but the profit can not be higher than 5% when i focus on a small amount of money, and usually more profit when the market is in uptrend and i sell quickly when the profit higher than a little 5% but when the market falls, i wont let my assets drop more than 7%, maybe now the percentage maybe low, but i believe when i already have enough the experience, i will increase the fund to have better profit.

[akram143]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I don't use any type of special strategy to improve my profit because the normal things that we can do in the trading business will always give the best profit for me so I don't need to do anything better then today and it will be difficult also.

[bonker]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I always tried to invest for long time and make the development for me investment and trade it because if I quickly sell my investment I do not have any profit so I am waiting for the good changes everytime after my investment.

[Bagaji]

If you are to trading crypto currency I will advise you to learn more factors that influence the crypto currency market to move to either downward and upward direction.
After knowing those factors that influence the market then  your trading journey now begin.

[gabbie2010]

Personally my preference is using candlestick patterns on mt4 platform for my trading strategy irrespective of any fundamental news that can influence any price movement candlesticks have varieties of reversal or continuation patterns eg bullish or bearish engulfing bars, hammers or pinbar all these with a moving average indicator will to a large extent predict price movement without those colourful lagged indicators that fails in most trades.

[Fredomago]

my strategy is quite easy, use a short-term method and simply get 3-7% profit per day from the total capital. And don't be too greedy.

You can do that only if you have good knowledge with those coins inside the market, if you can chase those moving coins you'll be able to get something that produced up to 10% a day or a week from your investment, keep learning your skills and benefits.

[marcbitcoins]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I just don't put all of my eggs in one basket and choose the best cryptos like Bitcoin, Ethereum and Ripple.This strategy is very effective specially now that the market is showing sign of prosperity.

[leowonderful]

I mostly swing trade with medium leverage. I've never been good at daytrading and trading in extremely low time-frames, but swing trading's been the sweet spot for me considering I don't have a lot of time to trade in the first place. Some days I get good profits and some days I lose a little bit, but I've mostly been coming out on top recently as I've been longing the rise up we've had in the last few weeks.

[Cherylstar86]

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I just don't put all of my eggs in one basket and choose the best cryptos like Bitcoin, Ethereum and Ripple.This strategy is very effective specially now that the market is showing sign of prosperity.

  I think it is about an individual strategy that created from experiences and skills on dealing every consequences in trading. Perhaps, the market has progressing gradual growth that give us conclusion on balancing the situation on which strategy is appropriable to the current situation. And being wise is the most appreciable way on determining good and liable concept by dealing every consequences.

[Henri Cartier]

The Trading beginners should first understand the basics and the technology behind any cryptocurrency. Some of the strategies they should follow are:

Learn as much as possible:Acquiring knowledge is one of the best strategy to trade cryptocurrency.

First, analyse the coin you want to buy or invest in.

Follow crypto news and crypto leaders

Install a price ticker: It will alert you when the price fluctuates.

HODL: Holding the cryptocurrencies.

Also, some of the mistakes that should not be done in trading are:

• Do not chase pumps and dumps schemes.

• Always store your currency in a wallet that is most secure. Protect your accounts with 2 factor authentication.

• Do not fall for email account scams, phishing scams etc.

• Diversifying your portfolio will help in minimising risks.

[Pattart]

I think that depends on the market situation, and the amount of capital that each trader has. if the owner of a large capital I think daily trading can be done with a profit of 2-10%. Long-term trading can also be combined with daily trading by holding coins stable and having large volumes.
Scalping techniques are fast trading, and you have to monitor them at all times.

Indeed, of course the strategy will depend on conditions, so you cannot target profits like 2% -10%, instead of more profits than you can adjust your strategy to market conditions. if condition market is bullish of course we will hold more and more wait until the highest price before price falls to sell it. that's the strategy that I'm doing right now, waiting for a signal when the price will fall, by seeing the candlestick on the graph.

[pey]

I'd traded in the past, it was in bull market I made profit but I actually I made loss, it depends on what you want more $$ or more BTC. I'm more interested in trading strategies that work in a bear market rather than bull market.