luckyflop
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May 19, 2020, 01:20:27 PM |
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We all know that the easiest way to get profit is to buy low and sell high. But in order to work on that theory, you need to have your experience and psychology to be good. Controlling the psychology of trading will make it easier for you to succeed in this market
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Pirate46Mx
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Activity: 322
Merit: 10
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May 19, 2020, 01:29:39 PM |
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every trader has his own technique in trading, but the technique that you have is good enough to be applied considering the current crypto market is very unstable, if possible I suggest that ETH is also good for investing in the short and long term, because many transactions now use ETH.
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oli123
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May 19, 2020, 03:25:17 PM |
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Good strategy for trading. It is always better to have stable coins and buy bitcoins for them in case such a situation arises. I occasionally changed cash to buy bitcoin. But through the exchange office I bought, there are high fees for buying through a credit card. So I consider your way of buying and selling to be better. When the price falls, there is no need to panic and take it as a good way to buy bitcoin.
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Wafilian
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Hard work is the most important key to success.
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May 19, 2020, 05:06:09 PM |
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You have to buy when the market price is low and sell them when the market price is high. It is a very important and very old strategy. But you must know when the market price is an overbought and oversold position. It is not possible to determine accurately without knowing about trading. It is very important to learn a little bit about trading and practice demo trading before you start trading.
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Moeda
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Activity: 1587
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Enterapp Pre-Sale Live
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May 19, 2020, 05:32:20 PM |
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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.
I think almost all of us use this strategy. But it will not always be profitable, because we cannot control the market 24 hours. I often use the wall strategy, by playing top down. I think this is more beautiful, but often also fails due to our limited time. To find profit in daily trading, I think this is easy. But we must have full time for trading.
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| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
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retnoanjani
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May 19, 2020, 08:37:50 PM |
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You have to buy when the market price is low and sell them when the market price is high. It is a very important and very old strategy. But you must know when the market price is an overbought and oversold position. It is not possible to determine accurately without knowing about trading. It is very important to learn a little bit about trading and practice demo trading before you start trading.
To be able to determine it is the lowest price, it requires the ability to analyze the market. So, in fact, it is not simple, we must learn good ways of analysis. Thus we can determine when the right timings for open and close, leverage, and if necessary for cut losses. It's not simple, it requires knowledge and experience to be able to master this. Well, demo trading is good enough to practice trading skills. Very effective way to increase self-confidence before real trading. My husband often uses this when his confidence decreases after loss.
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itsv
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May 19, 2020, 08:51:10 PM |
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finding entering and exit point in trade is very difficult specially if you are unfamiliar with the trading strategies. And you need yo constantly monitor the price which is bit hectic or you may use some trading bot to that.. But i think dollar cost average technique is the way to go that is if you are planning for long term investment
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ScamViruS
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May 19, 2020, 08:54:46 PM |
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This is a good strategy to profit. Those who are professional traders have seen them use this strategy. But it requires good knowledge of trading and the ability to read the market. Considering only green and red, the results will be come out opposite. So before using any strategy, you have to create your own trading skills.
And trading cryptocurrencies requires patience, if you miss one opportunity today you can get another one tomorrow. So patience is very important here.
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Yamifoud
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May 19, 2020, 10:12:06 PM |
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The volatility of Bitcoin means a lot in trading in terms of profit and loss. But it is wondering why most traders are preferred for Bitcoin than of fiat. It is probably because the chances to gain are high when the market is bullish, unlike that fiat will have no chance at all. But thinking about the risk of losing, you can find it safe with fiat. But I know it wasn't important now and it is also on a case to case basis in a way that even using crypto assets in trading is at high risk but if we are able to manage it well, it still asserts you to gain.
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ethereumhunter
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May 19, 2020, 10:47:31 PM |
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finding entering and exit point in trade is very difficult specially if you are unfamiliar with the trading strategies. And you need yo constantly monitor the price which is bit hectic or you may use some trading bot to that.. But i think dollar cost average technique is the way to go that is if you are planning for long term investment
I feel this every time I trade. The entry and exit point will not appear to us without analyzing the chart or checking the price order, and that will be hard to know the right time if the price moves fast. The only thing that we can do is keep trying to find the entry point, and you can try to buy at a low price. If you can buy at a low price, then you don't have to worry because you can sell it at any high price but don't be greedy to taking the profit because you don't know if the price will still increase or not.
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chanler
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mulierum.com
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May 20, 2020, 12:28:16 AM |
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The best strategy is to buy cheap and sell expensive
That's common advice. It is easy in theory but hard to practice. You should know the best timing when to sell or buy. How to know it? Must learning some skills in reading price graphs or following prediction channels.
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oilton16
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May 24, 2020, 06:13:31 PM |
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why USDC and not other stable coin like pax can you also use in almost any wallet
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kceekcee
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Activity: 211
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May 24, 2020, 06:29:52 PM |
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The waiting game trading strategy is not the best around, especially when altcoins is what you are dealing with because most times, a dip could lead to the end of a token, so when you buy the dip, make sure to buy a reliable dip
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Anish02
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May 24, 2020, 07:10:05 PM |
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The best strategy is to buy cheap and sell expensive
That's common advice. It is easy in theory but hard to practice. You should know the best timing when to sell or buy. How to know it? Must learning some skills in reading price graphs or following prediction channels. Exactly, you have to good instinct to take decision when to sell and when to buy, it's always easy to say buy cheap and sell high but at the time of trading you must get panicked due to the situation and you will not able to get a decision in your favor. Also, I don't think there is any safest trading strategy for trading because while trading most of the time you get panic.
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Marble777
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May 24, 2020, 07:38:06 PM |
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This method is generally used by most traders, but I agree with your opinion that if you don't want to take high risks in trading, then you should use coin pairs such as USDT-BTC. I think this is a good way to make a profit from buying at low prices and selling when prices are high.
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SyndicateLabs
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Merit: 100
PredX - AI-Powered Prediction Market
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May 24, 2020, 07:57:40 PM |
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The best strategy is to buy cheap and sell expensive
That's common advice. It is easy in theory but hard to practice. You should know the best timing when to sell or buy. How to know it? Must learning some skills in reading price graphs or following prediction channels. Anyone in this market knows about this problem. If you want to make a profit, just buy low and sell high. But to implement it is very difficult, it requires a lot of experience and time of each person in this market
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Moyna Akter
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May 27, 2020, 10:04:22 AM |
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For the safest trading strategy, You must need all the important information about trading. You should watch the market regularly and buy at the low and sell them at the top price. For this, you need to learn to support resistance and other important news about crypto-related. To increase your profit you should trade BTC/USD when the market decrease badly. You should learn as you can for safest trading.
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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May 27, 2020, 11:28:28 AM |
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For the safest trading strategy, You must need all the important information about trading. You should watch the market regularly and buy at the low and sell them at the top price. For this, you need to learn to support resistance and other important news about crypto-related. To increase your profit you should trade BTC/USD when the market decrease badly. You should learn as you can for safest trading.
Sorry, but I don't believe there is a safest trading strategy! If anything can be safe in trading it's you to limit yourself and trade with some minimal money! You will be safe from losing a lot! Everything else in trading is very risky, more money more risk! One of the reasons I don't trade is because I think I will lose money, I am staying away for that, it's not for everyone, much easier and safer is long-term holding.
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tiang_tower
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May 27, 2020, 12:05:19 PM |
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For the safest trading strategy, You must need all the important information about trading. You should watch the market regularly and buy at the low and sell them at the top price. For this, you need to learn to support resistance and other important news about crypto-related. To increase your profit you should trade BTC/USD when the market decrease badly. You should learn as you can for safest trading.
If I see from the expression that you give it seems you are not a newbie, but a trader who is very professional, and if I may know how much profit you get through trading this year, because I see you give a very bright idea in this forum.
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Jonyshake71
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May 27, 2020, 12:50:34 PM |
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IF MARKET GOES RED You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. RED and GREEN Market.
Fine. Thus number of bitcoin can be multiple. But What if anyone would have bought 1btc at 20000$ in 2017 (by investing 20000$ usd) and 3years have past but bitcoin unable to recover it's price! He/she may have 1.5 bitcoin now but still loss in dollar. Although i know, nobody calculate the way, as i say
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