Rubick99
Member
Offline
Activity: 484
Merit: 11
|
|
May 15, 2020, 01:53:52 PM |
|
That is a simple application if you have good management, an important thing for us when we decided will buy a coin. But we must have standart for open position, when we enter and when we quit from the market.
|
|
|
|
minairia3
Sr. Member
Offline
Activity: 1638
Merit: 326
Vave.com - Crypto Casino
|
|
May 15, 2020, 03:19:33 PM |
|
This is like you bet on both sides of the game. If one is losing, the other one is winning and vice versa. If you break your funds in half, 50% stablecoins and 50%bitcoin then your chance to back up which need support is close. This will work actually but I dont think I can have much profits by this cause you simply not wagering anything here or risking. I prefer to buy bitcoin then sell it when it goes green. Then your funds srablecoin is just there waiting until it goes red again then repurchased for more quantity of btc.
We should learn to earn on trading cause buy low sell high famous line could take us a long period of time to be successful.
|
|
|
|
Festac
Member
Offline
Activity: 210
Merit: 10
|
|
May 15, 2020, 03:58:19 PM |
|
I've tried that strategy, but it's not always true, indeed USDT will go up if Bitcoin Dump, and if Bitcoin PUMP then USDT will go down, but USDT has the same value as fiat pairs in the country, and that also affects
It's true that usdt loses value sometimes but that loss is not enough something to write about, I haven't seen USDT drowning past 0.99$ per one, so are you saying the 0.01% loss is something to be worried about? I don't think so
|
|
|
|
cytpoway121
Member
Offline
Activity: 1540
Merit: 68
|
|
May 15, 2020, 03:58:30 PM |
|
No disrespect OP, but I do not rate the waiting game as a strategy.
The waiting game as a strategy only works if you follow up the project price and trade movements while waiting
While waiting, you need to figure out the lowest bear before you get in, and the highest bull before you go in.
You are totally right about the stablecoins but Dai is alot of stress to use
|
|
|
|
FanEagle
Legendary
Offline
Activity: 3038
Merit: 1129
|
|
May 15, 2020, 04:04:30 PM |
|
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight List of few good stable coins I use or own
USDT USDC DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
Why do I need to spend some portion of my money in stable coins because if markets goes in red, then I can easily buy bitcoins using my fiats. I mean what is your hidden reason to employ a stablecoin in your strategy? I could not assume your own reason here. I guess you might have interpreted the application of stablecoin in different/wrong way. In my understanding, you can make use of stablecoins to lock your profits in trading. It means you buy bitcoins for $9k levels and then bitcoin prices reach $10k and here you predict market may come back to $9500 levels then you can sell your bitcoins for stablecoins and you may buyback bitcoins at $9500 to enjoy the profit of $500. The only difference between fiat and stablecoin is, to make use of fiat in above scenario, you must involve a bank account or you may need highest level of verification but with stablecoins, you just need crypto level of verification and no need of any real world bank account. In simple words, stablecoins are crypto formatted fiats or we can assume like fiats on blockchain. So, no special case in trading just because of stablecoins.
|
|
|
|
isaac_clarke22
|
|
May 15, 2020, 05:56:49 PM |
|
Good advice, but I won't recommend people to hold stable coins like USDT for too long. Sure I use them to keep my profits but I tend to still not hold it for too long as those can be frozen. Better be safe than sorry. Read this thread by mk4: https://bitcointalk.org/index.php?topic=5204055.0
|
|
|
|
key4co.in
|
|
May 15, 2020, 06:24:18 PM |
|
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT USDC DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
Very good strategy, even though I've seen a similar post. Well I do same but I hold mainly USDT since there is more trading volume with USDT pairs compared to other stable coins. Presently I set low buy orders with USDT for two altcoins, hoping it picks. The good thing about holding stable coins when BTC drops in price is that you can buy more btc, it reflects by showing higher sats on one's portfolio.
|
|
|
|
kapalmabur
|
|
May 15, 2020, 07:23:22 PM |
|
USDT, USDC, or maybe PAX can be an alternative way of save your money when DUMP occurs, but stable coins can also go down if the pair in fiat countries decreases, so make sure fiat are safe in your country, this strategy is good but there are risks
|
|
|
|
mersal
Member
Offline
Activity: 1204
Merit: 38
|
|
May 15, 2020, 08:43:40 PM |
|
If you are following this strategy in bull market condition, you will be losing your profits so this is like standby options to cut down the losses from huge dump on the market but hoarding your coin on stable currency for longer term might reduce your actual profits so the decision is on your own, whether you want more profits or looking for safer investment plan.
|
|
|
|
MikeyVeez
|
|
May 15, 2020, 08:45:20 PM |
|
The safest trading strategy is not trading. If you are looking for the profit, you need to risk something because money doesn't grow on trees - as you heard many times, right ?
|
|
|
|
adzino
Copper Member
Hero Member
Offline
Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
|
|
May 15, 2020, 11:00:00 PM |
|
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT USDC DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
Not sure if I understood your strategy? I mean, you are saying to invest half of your coins on bitcoin and the rest on a stable coin. When the price rises you make profit. Okay fine, this makes sense. Right, now when the price falls, you trade your stable coin and buy bitcoin to multiply it? I mean, yeah you are getting back your coins (by spending your altcoins), but where is your profit? You already lost money when in your initial investment.
|
|
|
|
darewaller
|
|
May 16, 2020, 09:02:13 AM |
|
What the people who are starting to do this "half and half" thing is the simple fact that you have to still know when to buy and when to sell. You are saying that when its green do this and when red do this but a lot of people do not realize when it is green or red and that is the problem.
There are still people who are out there who basically just buys at the high because its going up and they "do not want to miss out" and when it starts to go down they sell because "they do not want to lose more", I mean that is the worst type of trading in the world but they are still doing that. Those people will not be really making any profit at all in these kinds of markets and this type of strategy, they will eventually lose money no matter what type of strategy you suggest them.
|
|
|
|
onrise
|
|
May 16, 2020, 12:51:17 PM |
|
That is a simple application if you have good management, an important thing for us when we decided will buy a coin. But we must have standart for open position, when we enter and when we quit from the market.
Goal is necessary as this gives you direction and the plan to execute and exit the buying/selling option. Else you would have unrealized profits but do not now know when to exit the markets and without any goal you would keep it and the market may crash and your profits may be erased. So always have a plan.s
|
|
|
|
███████████████████████████ ███████████████████████████ ████████▀ ▀████████ ███████ ███████ ███████ ███████ ██████▀ ▀██████ █████▄ ▄██▄ ▄█████ ██████████▀▀███████████████ ████▀▄██▀ ▀ ▀██▀██▄▀████ ████ ▀ ▀ ████ █████▄▄ ▄███▄ ▄▄█████ ███████████████████████████ ███████████████████████████ | CHIPS | | | | | ! | ▄▄▀▀▀█████████▄▄ ██▄███████████████ █▄████████████████ ██████████████████ ▄█▀▀▀██████████████▄ █▄▄██████████████████ ▀█████▀██████▀ ▄▀███▀ ▄███ ▀▀███▀ ▄▀▄███▄ ███████████▀▄██████ ▄█████████████████▄ ▀█████████████████▀ ▀██████ ▄ ████▀▀ ▄▄██████ ███ ██████▄▄ | $100,000 EVENT | ! | | The Ultimate Crypto Casino 9 CRYPTOCURRENCIES | | | | ▄█████████████▄ ▄▄▄ █████████████████ █████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀███▀ ▄███████████████████▄ ▄ ███▀ ▀███ █ ███ ▐██▌ ███ ▐██▌ ███ █ ███ ▐██▌ ███ ▐██▌ ███ ▀▀▀ ███▄ ▄███ ▀███████████████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ███████████▀▀▀███ ███████████▄▄▄███ ▀███████████████▀ | │ │ │ | | | | | | ▄███████████▄ ██ █████████ ██ █████████ █████▀ ▀█████ █████▄ ████ ▄█▄ ████ ██████ ████ ▀█▀ ████ ██████ █████▄ ▄█████ ██████ █████████ ██ ██████ █████████ ██ ██████ ▀███████████▀ ██████ ▄▄▄▄▄▄███████ █████████████ ▀███████████▀ | │ │ │ | | | | | | | │ │ │ | |
|
|
|
TWW
|
|
May 16, 2020, 01:38:38 PM |
|
That is a simple application if you have good management, an important thing for us when we decided will buy a coin. But we must have standart for open position, when we enter and when we quit from the market.
Goal is necessary as this gives you direction and the plan to execute and exit the buying/selling option. Else you would have unrealized profits but do not now know when to exit the markets and without any goal you would keep it and the market may crash and your profits may be erased. So always have a plan.s it is more seen in a greedy trader. when they get a profit they don't have a goal to get out of the market and choose to continue trading. be careful, in trading such situations sometimes trap the trader to lose the opportunity to feel a profit.
|
|
|
|
shoreno
|
|
May 16, 2020, 01:45:44 PM |
|
why not fiat instead of usdt or stable coins . are they same ? in short we buy more btc if the market is dumping . this does not mean that you will profit because you still loose your existing btc hodling if the market goes down .
this cant be called a safe strategy then. all strats are not safe because not all strats provide secure winnings. if your strat is more of a waiting game then it isnt consider a trade but its more like investing
|
|
|
|
ethereumhunter
|
|
May 16, 2020, 03:15:26 PM |
|
This strategy will not just need patience, but you need to avoid greed, panic, and careful because if the market down deeper, most people will panic, they will not think twice to analyze the market, but they will cut loss their asset so they can buy back at a low price.
If the price is starting to rise, people will forget of their target sell price and want to wait for the next higher price but the fact, the market can go to any price, and sometimes, the price will not touch your target price.
People will be careful to choose the coin, not just to trade bitcoin but they also trade the altcoin pair bitcoin or usdt.
But all in all, if that strategy works well for you @OP, then you can continue to trade using that strategy, and good luck to make a profit.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Kez1817
Member
Offline
Activity: 909
Merit: 17
www.cd3d.app
|
|
May 16, 2020, 03:34:34 PM |
|
"Buy low sell high", that is the perspective of every trader. The safest trading strategy for me is to have patience and most important that you have a goal to avoid losses. You need to set a target price where you earn profit and don't be greedy to set more higher goal because sometimes it will lead to loses. Also if you have enough trading investment much better to trade different coins with value so that you not just focus and wait for only one coin and it will not give you more profit.
|
|
|
|
judaspriest
Full Member
Offline
Activity: 1330
Merit: 100
C O M B O
|
|
May 16, 2020, 03:37:21 PM |
|
the best trading strategy that I use is to look at price trends, and of course Volume, if the trend goes up then the volume will also go up and you can sell it, if the trend goes down then the volume goes down you can buy it, and make sure you don't use your entire capital
|
|
|
|
jcpone
|
|
May 16, 2020, 03:39:36 PM |
|
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT USDC DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
You have a good point on this statement in terms of crypto trading. But of course we still need to grow our skills and idea about in trading. Aside from knowing how to hold the coins and when to sell it at the right time, We also need to know how ride on the green and red market we are facing it right now.
|
|
|
|
Perfect35
Member
Offline
Activity: 854
Merit: 10
|
|
May 16, 2020, 03:40:34 PM |
|
I've tried that strategy, but it's not always true, indeed USDT will go up if Bitcoin Dump, and if Bitcoin PUMP then USDT will go down, but USDT has the same value as fiat pairs in the country, and that also affects
That is why I prefer more how many satoshi I am holding than the USDT i have. Actively trading what you have to accumulate ore Satoshi is what a true trader should be after. Although USDT might be like a hedge, most ties, it causes a setback. Sometimes, it is even out of fear that people prefer to hold stablecoin than the real cryptocurrency itself. Although I am not an advocate of hodl, I believe more in trading.
|
|
|
|
|