Is there such thing as a “safe strategy”?

[lichig]

Hi there!

I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.

Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.

I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.

For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Thank you!

[Kittygalore]

I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.

[Fesatmas]

less precise if you are trading bitcoin on a short term, because you better hold it until later. that's what you need to think about. no matter the ups and downs of bitcoin prices, because what matters is that you currently hold bitcoin for the future.

Then for the ICO program there are a lot of mistakes following the first minute and you see the profit not being taken, that's carelessness. because who joined Launchpad is DYOR, the risk is if you neglect it will be a big loss. all you have to do is take the price and release it on the first high spike. as long as you have made a profit and that too has become a success. repeating the second and third is quite an unexpected risk. Launchpad is a game of grab and throw. not to hold back.

[Harlot]

If you mean by a safe strategy where you have guaranteed profit there is no trading plan that is 100% guaranteed that you will make a profit but if you mean by a safe strategy where you will be minimizing your risk there are dozens of ways you can do it with your trading plan. You can simply set up entry and exit points as well as cut loss points where you can exit a trade when it all goes wrong. This are just some of the steps you can do for you to protect your capital while you are trading.

[blockman]

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Thank you!

Yes, there is. It's like buying bitcoin today and wait until it pumps a little for the next few days and then sells it when it's fine. Safe in the matter that you've bought a coin that will never be the same as the pump and dump coins that happen in a short span of time. In bitcoin, you'll just have to be patient and wait until it hits your target selling price. It's not only for holding but also good for trading if that's what you want.

[dionis8888]

For me the safest strategy is to use btc like real money. The main idea here is not to be instrument for investment but world wide spread currency. There is no difference between black/red on roulette and ETFs... Of course you can do it with free money.

Good strategy is to create conservative business and to provide payments with bitcoins and regular money. Try to safe your profit in crypto and in a few years you will be very happy

[blockman]

For me the safest strategy is to use btc like real money. The main idea here is not to be instrument for investment but world wide spread currency. There is no difference between black/red on roulette and ETFs... Of course you can do it with free money.

Good strategy is to create conservative business and to provide payments with bitcoins and regular money. Try to safe your profit in crypto and in a few years you will be very happy

But that's the use of bitcoin and what OP asks is about the strategy in trading and to make more from it. Yes, you can apply that with businesses if you ever have it and accept payments through it.
However, the deal isn't about it but the strategy how to make the most with trading and there's no risk with usage and application of it as a payment method.

[LUCKMCFLY]

The best strategy that you can establish according to your time is to think about investing, because that way you would only have to monitor your investment from time to time, review some news and wait as long as necessary until obtaining profits, that is much better and more sure to speculate in the market because you would have to make the correct prediction in the direction the market is heading, sometimes it is very frustrating and can cause stress unless you are a long-term trader.

At low risk it is difficult, because it depends on the money you want to invest, but for now the safe thing is Bitcoin, if you invest in Bitcoin it is very likely that you will obtain benefits in the short, medium and long term by the time the market is developing. If you want to establish strategies, there are many, as I said, you have to think carefully about your approach, whether it is investment or market speculation.

[lichig]

Amazing feedback. Thank you very much guys!

[Sinjokubhi]

Hi there!

I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.

Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.

I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.

For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Thank you!

In my opinion, the way to minimize the risk of loss is how we trade or manage these assets, even though there are many ways or strategies to trade with low risk. However, it all depends on the abilities we have as well. If we are not able to use this strategy, it is the same that will be a risk factor for loss as well. Because we don't know how to use it. Better, be sure in your own way, I think if you use stop loss for safety, it will reduce the impact of the losses that will occur. Bitcoin itself is actually more suitable if used for the long term, it will promise you more to get more profit and of course it's easier than trading it once or twice a week. Bitcoin is more suitable to be used as an investment of your assets, but there is nothing wrong with you trading it in the short term, it both gives you an advantage if done right. My advice, don't use all your funds or assets for short-term Bitcoin trading, use about 2 or 5% only to get a small profit from the trade. Slowly but surely.

It's not how much you trade but how much you can manage it. Sometimes, to get quick profits, they deposit their assets in large amounts, if for long-term investments I don't think it is a problem. But to trade it will be very risky, even if you have experience in doing it. If it's for short term trading I don't think so

[Obito]

I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.

I would agree with you but the problem with hodling is you don't get a value out of it because it just stays as it is and I don't think that it is a good thing that there are ways that you can invest your bitcoin while hodling it and at the same time earning something out of it and it also can help your money grow.

[crwth]

Trading itself is a risk, and there's technically no safe strategy but to HODL. If you are not going to trade daily or become a full-time trader, it's best to get a bot like Gunbot. You could customize many strategies with different buy methods and sell methods so you could make most of anything. It could handle risk management etc. That's just my suggestion if you are looking to trade and don't have the time to monitor it the whole day.

[Ararbermas]

I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.

you have point there mate. The question now is if OP can handle such way? .. Because seems he still lack of knowledge. Probably for now the best thing to suggest first in my own opinion, is by reading some books about trading,  wherein in order for him obtain specific information and strategies .. Btw here's the thread OP if you're interested (Trading book I have read so far) this was posted by death69 with Free links of the some trading books.  So don't hesitate to read if you have free time because it can really help you.

[zanezane]

Trading itself is a risk, and there's technically no safe strategy but to HODL. If you are not going to trade daily or become a full-time trader, it's best to get a bot like Gunbot. You could customize many strategies with different buy methods and sell methods so you could make most of anything. It could handle risk management etc. That's just my suggestion if you are looking to trade and don't have the time to monitor it the whole day.

I would back that suggestion, even though I do not trade yet because I believe that with bots that you can tweak to your specifications, you can actually do more things and you can make daytrading a passive income. Hodling is good but there is a limit because you might be able to make some more bitcoin if you try to move it.

[xSkylarx]

I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.

you have point there mate. The question now is if OP can handle such way? .. Because seems he still lack of knowledge. Probably for now the best thing to suggest first in my own opinion, is by reading some books about trading,  wherein in order for him obtain specific information and strategies .. Btw here's the thread OP if you're interested (Trading book I have read so far) this was posted by death69 with Free links of books.  So don't hesitate to read that books if you have free time because it can really help you.

OP wants to atleast trade for twice a week so hodling it for long term is not counted though it is considered a safe strategy. For me there is really no safe strategy when it comes to trading, you don't really know what can happen on the crypto market. A coin that is good to buy at its current price doesn't guarantee you that it would pump or give you profit it in a week. Sometimes they consolidate for many days that if you lose patience you will sell it at loss. I suggest that dividing your capital into multiple cryptocurrencies, so the chance for you to gain profit in a week will be high.

[Sled]

You better not do that again, definitely, isn't working right.
I'm not also a full-time trader, I also did a trade during my free time but I choose those coins that are already been in the market for quite long, not those coins that are new. Coz base on my observations, more often new projects will surely dump once it is open for trading, maybe we can manage to hold it maybe this could save us but normally, it takes a long time to recover which actually a loss of our time waiting.

But there is one way to avoid that scenario, to spread your money, not only to focus on one coin but rather to have 2-3 different coins.

[goldade]

The first question should be what do you consider a safe strategy? If by safe strategy, you mean a strategy that gives 100 percent profit and doesn't lose any trade, then there is no such thing as a safe strategy in trading.
No professional trader would tell you that there is a strategy that guarantees profits 100 percent of the time because there's no strategy that would do that.
The only safe strategy is not in trading but in buying and buying bitcoin and holding for a long time in order to have some significant profits.

[ipanks]

There is no such thing as a safe strategy as everything is under your control. I suggest you close the trading when you make a profit to not think about losing the profit in the next minutes. That is the best and safe strategy for every trader. If you still chase the profit while you do not know when the rate will go, it will be too risky because the price can go anywhere.

[ivankoh]

Hi there!

I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.

Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.

I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.

For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Thank you!

Not necessarily.  Without the risks or challenges, you cannot gain advantage and make a profit.  Business or commerce has no clear concept of safety or risk.  It is only properly perceived in the transformation into opportunity.  There has been a saying "the most risky place is the safest place"!  and now bitcoin has gone through the bubble and made believers rich.

[crwth]

Trading itself is a risk, and there's technically no safe strategy but to HODL. If you are not going to trade daily or become a full-time trader, it's best to get a bot like Gunbot. You could customize many strategies with different buy methods and sell methods so you could make most of anything. It could handle risk management etc. That's just my suggestion if you are looking to trade and don't have the time to monitor it the whole day.

I would back that suggestion, even though I do not trade yet because I believe that with bots that you can tweak to your specifications, you can actually do more things and you can make daytrading a passive income. Hodling is good but there is a limit because you might be able to make some more bitcoin if you try to move it.

Well, it would depend on the trader too and as long as you learn and understand the ropes with your chosen tool, you can get the best opportunities out of it. For example, new licenses in Gunbot now have access to Gunbot School and there you would learn basics on it, to basically utilize it completely. Hodling is a different kind of scenario because it requires tremendous emotional strength to not sell. Lol.