What's your trading strategy?

[cassavachips]

Until now I do not have a clear trading strategy, I only do when I have free time. But it is almost trading every day by spending 50% of the assets I have in exchange. Buying in a gradual manner is my basic strategy

[1714979781]

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[cafetools]

Imstead of day trading about a year ago i put everything into a program called Bitconnect, it makes guaranteed profit daily without me having to lift a finger! I have not even looked at it since and i just clicked the auto reinvest. I am sure I am rich by now though!

[thecodebear]

Everyone has their own trading strategy, but most people in trading are always looking for safety, that is, with certain holding coins
until the profit is reached. That's the easiest strategy in my opinion, but I have my own trading strategy. Because I like challenges,
I really like daily trading. Indeed the risk is very large, but the opportunity to be able to get profits is also very large. I focus on taking
3% profit per day, even though the results are small. But it can reduce the risk, and also if the profit I get is accumulated for a month.
The results are quite large in my opinion.

umm what? 3% a day would be a crazy amount to make. Don't know why you would call that small. I assume you can't keep that up for very long though. Even just one month of 3% a day would be 240% profit on your money.

The past 40 days, basically since the panic crash after it rebounded to $5000s, I'm at exactly 1% daily average compounding, which means I'm up 50% in 40 days. I don't expect to be able to keep that up long term at all. But I'm hoping to keep up maybe like .7% or so per day long term - even that would be 23% a month which would be an amazing amount to make.

I trade daily, when the price is moving i usually get in and out of a number of trades each day. I split my trading stash into a bunch of different small trades, usually only trading with 5-10% of my stash in each trade, but I've usually got a bunch of trades going at once, in a few different coins. And I generally set my sell orders for 3-5% profit, but sometimes more like 8-10% on a smaller coin that has more volatility. I just try to ride the daily volatility. Sometimes a trade will complete same day, sometimes it'll take a day or two or maybe a week or two. I only trade coins against USD, never trade coin pairs as that is just way too unpredictable and risky, as I've come to learn from years of trying it.

[coinfinger]

for me, the most important is using my own money for trading to avoid getting debt, practically, it is better to have a sufficient amount for financial support before I go through the expected type of business because of borrowing money through lending is riskier and it is easy to drain and besides, I believe that using our own money for real trading is very comfortable with sounds great.

Yeah, the only time I'd ever borrow, even margin for example, is if I was in desperate situations. Problem is most people borrow to make money in this case, not accepting that whatever money they deposited in is likely to be lost. Business borrowing is different, that's capital for actual commerce. Trading on broker platforms is not that.

Yeah, business borrowing is something even suggested if you are growing big enough, if you have a place that makes a decent amount of money that could potentially even make more money but you do not have enough capacity to cover that difference, you take out a loan and expand your business to cover all of it and make a greater revenue in the end.

However, traders thinking the same way about how they are making a decent return with the amount of money they have so they could make even bigger profits if they had a lot more money and takes out loans for it as well, which is not smart because a business revenue is usually a linear thing, if the company is doing well enough it will continue to do well, they usually have contracts to prove that, not that all of them can continue but most of them takes it out that way, traders can't guarantee income, they can profit for a whole year and suddenly start to be horrible the next one.

Yes, you do not have to have a constantly flow of cash, all you need is not going all in at once, if you have a certain amount of money, do not go all in with it, put some aside and go in with only a portion of it, with the rest you can continue to go in with set period of times which will result with you cost averaging without really needing cash flow constantly.

However you are right that if you have cash flow all the time, that would make things easier, that way you can actually go in periodically and have a better chance to profit in the long run. I heard someone put in their credit card to coinbase to draw 200 bucks and buy bitcoin automatically each month for example, it wasn't enough money to destroy their finances and it helped them get richer and richer, dude put in like around 4k so far but has over 10k thanks to all increases, it really works.

[xandriel]

Until now I do not have a clear trading strategy, I only do when I have free time. But it is almost trading every day by spending 50% of the assets I have in exchange. Buying in a gradual manner is my basic strategy

I think in this market, every trader has different trading strategies and nobody is alike, so you need to have a plan to make good profits in this market. However, if you choose the wrong investment strategy, you will lose money because the bear market is now becoming very large and can be completely manipulated if the psychology of investors is not good.

[Peanutswar]

One of my basic strategy in making more money in trading is using the oldest kind of earnings which is the buy a lot of coins when the market price is low and sell when the market price becomes profitable, this kind of technique may cause of long term because not all the coins make changes in just a single week or days so it before makes into the world of trading it is better to choose wisely the coin you will use to avoid getting lose to your income it is better to save your funds than a struggle for having a long term hodl.

[SacriFries11]

I have unique with trading strategy where always buy coin after touch support price and look have higher chance to get much profit, but always buy and trade with potential coin have many exchange market listing and look continue for their team build this coin at the future. Never trade with coin have been on higher price.

In order for us to gain profit we want we must always watch about the current price in the market and analyze the potential growth of the coin. In trading, you must follow not a single coin but you must also risk in other coins. I'm sure experience traders know how to buy and sell at the right time and not everybody can actually do it. I always look for some supported data and indication to make sure that I will buy and sell at the right time. You have control over your money so self-control is very important. There so many strategies you can use but few of them really make use in the market.

[XCANA]

The usual way advisable for anyone new to trade is: buy when there is a dip and sell when there is a bullish momentum. But, this statement had ruined many newborn to cryptocurrency trading, many thought that, just buying some random Altcoins also apply to this statement. Researching into the coins you ought to buy matters a lot and shouldn't be taken for granted. Some coins are not worth holding at all and shouldn't be bought at the first place.

[WSDN]

One of my basic strategy in making more money in trading is using the oldest kind of earnings which is the buy a lot of coins when the market price is low and sell when the market price becomes profitable, this kind of technique may cause of long term because not all the coins make changes in just a single week or days so it before makes into the world of trading it is better to choose wisely the coin you will use to avoid getting lose to your income it is better to save your funds than a struggle for having a long term hodl.

It will take some time for you to make a good profit in this market but before investing you need to have a specific strategy and always believe in the coin you choose to invest. In investing, you need to be a bit greedy to be successful in this market and of course you are not always lucky enough to be able to do this because the crypto market is often very volatile.

[sky_Gritzz]

for my trading strategy is so simple.
for the first time i just look how the volume of trade is grow, if it grow up in good volume i will buy more because i believe if the volume grow up the price will moon after that, and wait a time when the price in top then i sell it to ge a profit.

[semobo]

Day trading is one of the profitable way to make money from cryptos but we also have to mention the fact that not everyone is going to make profits from day trading and for every missed chance they are missing money from their pocket so understand the both side before using day trading as quick earning method.

[ScamViruS]

Day trading is profitable if you have good trading knowledge. Day trading is not for everyone. This requires a lot of work. Day trading can be dangerous for those who have little idea about trading. Because there is a lot of risk here. You always have to keep an eye on the market. This is why I do not do day trading. My strategy is to buy rumors. And to sell as soon as the news arrives. Because I have tried all the ways and got bad results. My current strategy is giving good results. So that the tendency to trade more has decreased

[Kasabus]

Day trading is one of the profitable way to make money from cryptos but we also have to mention the fact that not everyone is going to make profits from day trading and for every missed chance they are missing money from their pocket so understand the both side before using day trading as quick earning method.

Day trading is really profitable if you have the skills to make profits even if the market is suddenly crashing. It requires more knowledge than just simply buy and hold for long term. But as you go on trading, you develop more strategies aside from day trading that will minimize your losses and maximize profits when trading.

[leatutz]

By giving time in market all situation then trade strategy can help you to success. In trading I passed more than 3 years and I think every coin buy during the dip. Any promising coin which coin passed more than 1.5-2 years in cryptocurrency, that coin will be the best for trade or hold.

[rodskee]

I am looking for Arbitrage now because since there are many legit exchange these days at least there are chances that i can make profit.
and besides my capital is some amount that i can afford to lose so whatever happen i can at least stay holding for semi long term if i did not succeed in my trials.
so i can save my money from losing if the short term did not bring any luck for me.

[Bitlover10]

My trading strategy is that buy high and sell low.... Because this fucking crypto market not makes you profit in any condition. Whales are liquidate both if you doing long or short. No matter. I am very disappointed from that kind of market already make a 800 dollors loss in one month. I think holding is good strategy.


Edit :- Everyone is saying day trading is profit but I 99 percent of person who do day trading loosing their 100 percent money untill you get a somekind of paid call signal. So day trading is very risky even you make continue makes 10 profitable trade then suddenly you loss everything in one trade.

[thecodebear]

My trading strategy is that buy high and sell low.... Because this fucking crypto market not makes you profit in any condition. Whales are liquidate both if you doing long or short. No matter. I am very disappointed from that kind of market already make a 800 dollors loss in one month. I think holding is good strategy.


Edit :- Everyone is saying day trading is profit but I 99 percent of person who do day trading loosing their 100 percent money untill you get a somekind of paid call signal. So day trading is very risky even you make continue makes 10 profitable trade then suddenly you loss everything in one trade.

Generally you're only gonna lose money from trading emotionally or from a big correction or if you're trading during a bear market.

Bear market: I made the mistake in early 2018 moving a bunch of my long term bitcoin into trading, and I lost tens of thousands of dollars trading that year because at the time I didn't expect a full on bear market. The next bear market in probably a couple years I'm just gonna get out of trading for a year until I see it stabilizing at a bottom.

Emotional trading: Trading emotionally is the easiest and most common way to lose money. Like if you get upset the price moved in the opposite direction that you thought it would, so you sell for loss or buy in higher, then the market moves in the other direction and you again buy or sell in a worse market position so you lose all over again. It is clear from how upset you are that you are trading emotionally. It's been extremely easy to make money the past month and a half since the pandemic panic crash on March 12th, there is no reason anyone should be losing money on trading right now unless they are trading emotionally and compounding losses. I've been there, I know its possible to lose money even when the price is going up, but its hard to loss money in a bull market unless you're trading emotionally.

Big correction: I was up $6000 in trading the first month and a half of this year, then my trades were stuck for a few weeks as the price stalled in the $10000s, then I finally got out of my trades a couple days after the pandemic panic crash and suddenly I had gone from $6k profit to $3k loss. Yeah that's right a negative $9000 swing (and I started with $14k in my trading stash this year so $9k negative movement is absurd). That hurt. Without stop losses even if you make money most of the time you're gonna end up losing money overall because of crashes/big corrections. But now in the month and a half since then I've again made $6k, so I'm $3k up for the year in 4 months despite taking a $9k loss on that crash. If I had used stop losses I'd be up probably a few thousand dollars more.

Point is, we're in a macro bull market, and have been for 13 months now. If you don't trade emotionally, if you use good risk management, and have stop losses in place for major market corrections it really is not hard to make money.

[rathaha10]

For you lovers of the trade, what's your go-to trading strategy?

The market condition for quite some times now dosen't encourage much of massive a profit generation over trading and as such it is always important to go into a trade with a pre-determined profit aim to gain from such trade and onece you hit it, you sell of and take profits and forget about greed or fear the coin might pump higher. Gone are the days when we see price of cryptos have 1000% imcrease over night, even if it happens, it's very rare.  I've been using this strategy for sometimes now and I'm glad it's working out, although the return is always not massive but it's better than using strategies that will get ones accoint burn

[djmixen]

Right now, I bought some coins that really good for the long term and those are Bnb, Busd, Link, Dot, Lend, Ethereum, Xem, Vet, Ada, Nxps and Sc, then for day trading I used Ag8, Link, Jrt, Xrp and Atom just applying the buy and low system basic in the trading dude, just simple as
that just like what the other traders did in the exchange.

[Bitlover10]

If I truly said every trading strategy is failed if price manipulation going on that way and its totally bad impact on crypto market. Good coin 50 percent down. Many people got liquidation due to leverage trading. Exchange are promoting for future trading which is really bad for investor. 99 percent people lost their fund in that kind of activity. Because price manipulate by any whales. Its so easy. So this kind of activity should stop.