How do you trade?

[orions.belt19]

I'd probably think of myself as more of an swing trader since I'm not so knowledgeable on technical analysis; but I do research a lot first of course. I don't day trade as I do not have the patience to do so and I don't think the gains will be worth all the stress and effort (no offense to day traders out there). Honestly, picking out a good coin is really hard but if you're luck enough there really are gems out there. Even others with no use case at all could yield gains due to the bull market. Conversely, there are coins with potential however are undervalued due to poor marketing or development. I'm still a BTC maximalist so what I mostly do is flip the other coins to increase my BTC holdings.

[jasonjm]

Honestly speaking there is no specific rule for trading, some say, buy low and sell high but how could you determine when the price is low or high as with the current market trends and volatility this can not be possible. I have been into trading for a few months now and I realized that it is better to play long. Buy and Hold worked for me every time.

[el kaka22]

I do trade looking at the fundamentals and also the TA but I also trade on the potential and the team as well and that is where most people lack. I have an investment for example right now, and it doesn't look good, if I look at the fundamentals there isn't a single "why should people buy this" situation going on, and when I look at TA it looks like it should be crashing any moment now, and I have been still holding it for a long time, why do I keep my money in it with all these right now?

It is obvious that I am doing this because I believe in the future of the project, because I know what they are after and what they are trying to achieve and god knows maybe they will fail and I will lose money, or maybe they are lying, but I believe if they actually do what they say they will do, in that situation I will easily 10x my money, that is why I am investing in things this easily.

[arwin100]

Honestly speaking there is no specific rule for trading, some say, buy low and sell high but how could you determine when the price is low or high as with the current market trends and volatility this can not be possible. I have been into trading for a few months now and I realized that it is better to play long. Buy and Hold worked for me every time.

No specific rule but there are certain things to follow whenever you are trading since if you just think that trading is just doing a buy low and sell high you cannot get any good future on that doings that's why you should set your own standard and follow your game plan so that you will have certain stop point if you are in profit or in loss.

And if you are a holder that's good but you need to monitor to enter in best position since its so stressful to bag hold at lose.

[jaberwock]

Just buy the significant dips with amount you can afford to lose using funds reserved in stablecoin. You could gradually sell parts of what you bought for profit as the price of the cryptocurrency rises significantly. But I'd  buy more and sell less to hold long-term & for a healthy market.

Looks like this is the most common and effective strategy among traders because even when the market is bullish there are ups and downs happening all the time may be smaller but I think there is hardly been a day in bitcoin's history when the price hasn't moved up and down by $100 within the same day.

I love to hold more than any other thing, but actually I could never hold for more than mere few weeks because of my greed in gambling and most times losing it all.

Holding is the last thing you want to do if you are a gambler and cannot control yourself because it's better to trade and cash profits than feeling bored and ending up gambling all the coins you hold. To hold bitcoins for years you must not be a gambler and if you are, at least you must have good control over your gambling.

[wack slacker]

I trade on Spot more often than Margin and Futures because they offer good returns and are less risky. As for any potential altcoins, I would jump them a small amount and wait for them to increase in value. I will take profit with my initial money and leave them free because I have returned my capital.

I think now should try to participate in good ICO or IDO projects that are being held on decentralized exchanges. Just join a few projects and wait for them to be listed on exchanges and you will be able to get rich quickly without spending a lot of trading time.

[mezzaluna]

How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:

- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".

Any other?

Some of my friends actually do trading and their profits are really so great. I still think that it depends on how brave the person is willing to take a bet on how to make his/her own money grow because some tasks are high risks but high rewards. Having knowledge about Bitcoin gave me the opportunity to create a way to monetize my time and having to join some lucky free airdrops and such things. It also gave me an opportunity to create a capital by only using our Internet connection so I guess even without trading, having to learn about Cryptocurrencies is still profitable for me.

[skarais]

I love to trade, but bought almost nothing during this bullish. I have a few bitcoin from a signature campaign and it has given me some profit because i am not sell them in a while. During the bullish period my estimate of fund increased because the bitcoin price continued to go up and yes now I've sold everything. Hold is the best choice in my opinion due to the fact that bitcoin continues to grow every year. I am currently only enjoying the profit from selling my bitcoin and have not been interested in buying any altcoin as of today.

[Lanatsa]

How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:

-Technicals
-Fundamentals
-Trying to check out and compare others analysis
-Don't let yourself fall into fud and fomo
-Creating my own analysis based off on observations
-Common sense and fast action trading depending on situations.

These are my traits and behavior on dealing with the market.It might sound very basic but same as yours it is
really hard to attained and cant be achieved in a short span of time.

[Bitum]

I'm not a fan of daily trading, it only costs time and annoyance. My strategy is thorough analysis and selection of projects, then wait for a favorable entry point, buy and hodl.

[Issa56]

Have been in Cryptocurrency for the past few years and I have lot's of experience about trading but i stopped trading because it was not really working for me well I traded for more than 1 year but later I switched to investment I buy a coin and hold for months before I sell. I won't say trading is a bad idea there are lots of people that are trading and is working for them but you don't have to copy anyone everyone have what is working for them so always make sure you do what works for you. Like me now am now use to holding coins and its really working for me but before you buy any coin always make sure you do your research first before buying any coin to avoid buying the wrong coin and to avoid lose of your fund!!!

[chaoscoinz]

How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:

- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".

Any other?

I use a combination of 3commas (an exchange based API for Bots & Automated trading strategies) and technical analysis based on charts from trading view. It's all  a lot to take in. I'm a noob, and not afraid to admit that I've lost more than I've profited for sure  . Fortunately it made me a better trader, now I check for confluence within everything I do. Trading habit's are even starting to  bleed into real life, like when I exercised too hard and screamed out by accident, "I should have set a stop loss", I laughed after I realized the charts were getting to my head.  

[imlosser]

stay here was 2017 .if you want hold your bitcoin so you need to much time for profit.in trade you can earn profit regular. don't need to wait  .now i focus grid trade it,s just awesome just you need to set a price prediction ,after on the trade robot automatic buy and sell. also  many time i run my own system you need  selected a stable coin .

[Mauser]

How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:

- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".

Any other?

My bitcoins I am usually just holding, there is no real trading for me. Sometimes I use my bitcoins for gambling but only short term and then I usually just hold my winnings. As for my other coins I tend to trade more. The best thing for me with alt coins is chart analysis. We can learn a lot about trends from the past data.

[SUPERSAIAN]

I do not trade every day, but I try to trade whenever I see the opportunity, it is a bit intuitive and I am looking at the popularity in the market.Apart from that, hodl is one of the best options for me

[AnonBitCoiner]

How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:

- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".

Any other?

Trading will depend on the people and their capacity.Some trading platform is legit and some are scam one.You should find the legit one to do trading.Don't get into the spider web and lose you money with no cause.If you holding bitcoin value decreased ,you can hold it till the maximum value is achieved.

[BuNga_cute]

With this year's market price, which is a bullish trend, it is indeed very good for trading and getting the maximum profit from Bitcoin.
I always take advantage of the volatile Bitcoin price to be able to make a profit, what I have done may have been done by other people too.
I do technical analysis to predict Bitcoin price movements, and so far I am very satisfied with all of my analysis results, for the most part
it turned out to be accurate. Hopefully the other members are also lucky to be able to get profit from Bitcoin, as I have already gotten.

 

[sana54210]

I think there is hardly been a day in bitcoin's history when the price hasn't moved up and down by $100 within the same day.

That is the simple reason why most people are now showing interest on trading but the method for trading is a complex and a very simple one at the same time . It is complex because it requires you to modify yourself, it is simple because the strategy itself is simple. I try to find coins that are fundamentally good and as long as its fundamentally good that means you could buy a bit of it, and the more it drops the more you buy and you set a goal where you will exit and when that price is reached you do not get emotionally attached and sell it, that's it.

Now this may seem like a "simple" method because all you do is find a good fundamental coin, buy as much as you can until it reaches your selling point and you sell it when that price is reached, how can anyone fail that? But its complex because people fail to do this and that is the interesting part, how could people end up failing this? Because they put emotions into the trading system that is why.

[cyriljundos]

How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:

- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".

Any other?

basic trading will do, just luck and technical skill in trading will help. joining telegram groups and altcoins alert will also help you gaining profit. at the end of the day its up to you on how you develop each day in trading and how you deal with losses. not all the time you gain there were always a downtime. just focus on how you can earn and gain .

[fullhdpixel]

- Not trading at all, just HODL.

The most boring and itching thing to do but the most profitable so far, I think.

What I am mostly doing is waiting for a dip to happen and buy once the bottom is hit and once the market starts recovering and I feel satisfied, selling some or all Bitcoins and repeat the same thing again. I believe I would have profited more if I only hold but I am not one of those guys who can sit idle for months and years without doing anything with my coins.

Some people are day-trading but with more stability and lesser volatility, it is getting harder with time.