Trading Bitcoin: Chess Masters vs. Surfers

[Superalgos]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

[longyenthanh]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

Many times I tried to keep up with market movements, but this is impossible. There are too many robots on the exchanges that will always be faster than the human hand. In my opinion, it is best to invest in the long term. So buy, transfer to a cold wallet, sit back with mojito and wait.

[Superalgos]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

Many times I tried to keep up with market movements, but this is impossible. There are too many robots on the exchanges that will always be faster than the human hand. In my opinion, it is best to invest in the long term. So buy, transfer to a cold wallet, sit back with mojito and wait.

So you are more on the chess master side of things I guess!

[Yaunfitda]

I can't categorised myself, but I will be more willing to lean on the surfers side. I mean I'm not that analytical guy and I don't have an army of bots in my side.

So I just ride the waves, but I don't used my instinct that much as well. Or for the majority of traders, I think they could be just a hybrid of the two,  .

But at the end of the day, which strategy are perfect to you then go by it. You don't need to choose any side, in my opinion.

[longyenthanh]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

Many times I tried to keep up with market movements, but this is impossible. There are too many robots on the exchanges that will always be faster than the human hand. In my opinion, it is best to invest in the long term. So buy, transfer to a cold wallet, sit back with mojito and wait.

So you are more on the chess master side of things I guess!

I think so ... You know ... Sometimes I see that the price of some coins goes up and falls, and it repeats. Then I try to catch the waves, but unfortunately sooner or later the wave catches me It's a bit like playing in a casino. You'll succeed a few times, but at the end of the day you'll lose. Unfortunately, but I think that even if I will spent all my time to analysis I could not keep up with it. So yes, I'm more holder, believer, chess master .. I think so.

[Strongkored]

I am more lean toward surfer play by feel, but this is not something good based on my experience this way is only suitable when the market is bullish, why? because surfer needs waves and waves describes something that goes up and down, meaning when there is a decrease there will definitely be an increase and so on, buy when down sell when rise. but this is will hurt you soon or later, sometime must be chess master.

[kanayaTabitha]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

The surfers might be got a lot profits because they trust their feel and their feeling is true, but i'm sure it won't last. Trading without deep analysis and just rely on feelings will ended bad because they always trust their feeling in every trades and sometimes their feeling go wrong.

[Superalgos]

I am more lean toward surfer play by feel, but this is not something good based on my experience this way is only suitable when the market is bullish, why? because surfer needs waves and waves describes something that goes up and down, meaning when there is a decrease there will definitely be an increase and so on, buy when down sell when rise. but this is will hurt you soon or later, sometime must be chess master.

On a downtrend you'd want to short the coin and re-buy when price stabilizes at a lower price... Get it right and you will have multiplied your assets...

[nelson4lov]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

To win in the trading game, You've to master attributes of both surfers and chess masters. Chess masters act more like technical analysts and surfers are more of emotional /sentimental so majority of their decisions are based on their feelings. But you can stay ahead of the market if you manage to get both to work at the same time. This is a money game. If you're not winning, You're losing.

[longyenthanh]

I am more lean toward surfer play by feel, but this is not something good based on my experience this way is only suitable when the market is bullish, why? because surfer needs waves and waves describes something that goes up and down, meaning when there is a decrease there will definitely be an increase and so on, buy when down sell when rise. but this is will hurt you soon or later, sometime must be chess master.

On a downtrend you'd want to short the coin and re-buy when price stabilizes at a lower price... Get it right and you will have multiplied your assets...

  It seems that this is what cryptocurrency trading is about.. And basically trading everything.. Buy low, sell high.
Unfortunately, this market has a low market cap and whales can still manipulate it, which is why this game is not only very difficult, but small fish are practically doomed to lose.

[MURONDI]

everyone has a different character so is the way they trade, some like scalping and some like the long term, In my opinion, crypto trading is less effective for scalping except using margin trading or bot.

[leowonderful]

Most remotely successful traders I know don't rely a ton on their instincts and let their analysis, trading and risk management plans to make decisions, and IMO it's especially important for beginners that they follow rules closely until they gain more experience because emotions are usually the main thing that causes people to lose money. There's been a lot of times in the past and especially recently that my gut's been telling me to close out a position early or cut losses extremely early, but my analysis and plan has said otherwise and saved me. It's definitely up to your style at the end of the day, but most people will find following a plan to be the best way to go about trading.

[its-a-me-mario]

90% long term surfer, 10% chess master since its fun to try and time the market and can give good short-term gains if you do it right

[Wexnident]

Chess Masters. I'm more rigid and follow rules strictly. I really have a difficult time trying to follow my feelings sometimes cause I believe it is quite inefficient? Sure, at times, it may give proper response and potential returns, but in the end, a rigid structure may be hard to follow, but can bring returns most of the time.

I can't categorised myself, but I will be more willing to lean on the surfers side. I mean I'm not that analytical guy and I don't have an army of bots in my side.

So I just ride the waves, but I don't used my instinct that much as well. Or for the majority of traders, I think they could be just a hybrid of the two,  .

You're probably more of a hybrid. By the end of the day, a trader would somehow one way or another analyze things based on his own way or style. Someone who trades solely based on his feelings can be said to be someone extremely lucky, or extremely crazy.

[youdacapt]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

I have progress for both because I always divide into many trading orders according to the results of the analysis, but indeed more often become a chess master with monthly technical prepositions, and if there is a strong trend, I will put other capital for scalping, I may not pass this momentum, this is very fun despite spending more time, I consider it a hobby.

[adroitful_one]

I'm more of a hybrid between the two. I usually pay attention to the charts and base my decision off of that. However, sometimes I'll look at a chart that's stale and hasn't really done a whole lot in a while. That's when my "surfer" instincts come in. Here lately, I've been buying into the stale chart coins. Seems like they usually skyrocket up or freefall down at the end of the stale movement. More of than not, they tend to go up though from what I've noticed.

[danherbias07]

Reading the title is already hilarious.
But what is better?
After I read the title I already what will be inside the discussion.
Yeah, I already knew that I am a surfer.
I go use my instincts everyday. I am not the type to go looking for so many answers which will just lead into wasting more time.
Read freaks might do that but when you are in the face of the computer everyday it is an eyesore already.
Better to be a surfer, or a gambler. 

[btc_angela]

Probably I'm more of a surfer, Lol, first of all I'm a gambler, so I don't do any math but put everything on my luck. Same goes for my trading strategy, of course I read lots of TA's around, but at the end of the day, I just follow my instincts based on what I feel, yeah call me crazy, but it is what it is.

[longyenthanh]

Probably I'm more of a surfer, Lol, first of all I'm a gambler, so I don't do any math but put everything on my luck. Same goes for my trading strategy, of course I read lots of TA's around, but at the end of the day, I just follow my instincts based on what I feel, yeah call me crazy, but it is what it is.

In my opinion, technical analysis does not work on the cryptocurrency market, so your way may be better. Often instinct (which is also created on the basis of experience) is more important than the lines on the chart. Often, trading on the cryptocurrency market is compared to a lottery, so your way may be the most accurate. 

[7788bitcoin]

Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

There is a good comparison, you need to have the patience like a chess master to get you the profits and not to panic if you see that the market is going crazy in both direction and bitcoin is having the most volatility than any other market and people tend to panic when the market goes down and hence even there is a small correction people tend to panic and sell their coins thinking for the worst and during these situation if you are smart enough to have the patience then you will succeed.