My trading strategies

[Alert31]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

But mostly when bitcoin increase , altcoins also follow. How can you handle such situation in trading? I think your strategy is just good for those who trade patiently or for long term but for short term trader it is not a good strategy.

[iTradeChips]

It is nice to have your own strategy when it comes to trading and having a strategy will help you familiarize yourself in the game and be able to make much better well thought out decisions, and not just make wild guesses without any thinking and then all of a sudden be having issues with your investment that will surely affect your standing.  The most common technique of  them all in the trading book - Buy low, sell high, always worked for me in the past. Once you have accumulated sufficient coins then it is up to you to wait and decide when you will liquidate it.

[iv4n]

It is nice to have your own strategy when it comes to trading and having a strategy will help you familiarize yourself in the game and be able to make much better well thought out decisions, and not just make wild guesses without any thinking and then all of a sudden be having issues with your investment that will surely affect your standing.  The most common technique of  them all in the trading book - Buy low, sell high, always worked for me in the past. Once you have accumulated sufficient coins then it is up to you to wait and decide when you will liquidate it.

I agree with everything you said, except with the last thing, liquidation! It's a matter of choice, some people decide to stack dollars, while some of us like to keep profit in more coins, that will not be liquidated anytime soon!
After all trading success depends on many factors, and most of them are individual, time for trading, capital, goals... everyone should get more familiar with the game, with the coins, to prepare some plan that will be suitable!
And in the end, I think most strategies will work if applied correctly and if they are not constantly abused!

[Traderbtcc]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

Even a pro trader can lose at times, but it's great to see that you have a trading strategy that actually works for you, so many traders lack this and that's why they end up with losses, filling your bag while the altcoins market is done is a really good strategy, just like now the whole crypto market is in red, buying some potential altcoins won't be that bad cause after the correction there's gonna be a pump, i'm not sure bitcoin turns bearish when altcoins pump, I think they both go together but altcoins dump more if bitcoin dumps a little.

[TheGreatPython]

Even a pro trader can lose at times, but it's great to see that you have a trading strategy that actually works for you, so many traders lack this and that's why they end up with losses, filling your bag while the altcoins market is done is a really good strategy, just like now the whole crypto market is in red, buying some potential altcoins won't be that bad cause after the correction there's gonna be a pump, i'm not sure bitcoin turns bearish when altcoins pump, I think they both go together but altcoins dump more if bitcoin dumps a little.

When your factor is on your favor, definitely you will get all of the strategy will be working for you. I believe this is what happening with OP. Because, I'm not seeing OP' strategy will be working on all the times because I have noticed both bitcoin and altcoins are moving sometimes in same direction and sometimes in different directions.

So, having this is as a strategy to make use of buying and selling bitcoin or altcoins may not be profitable in all times; probably it may work for some times and I believe only in those times OP had traded and found this strategy profitable

[Yatsan]

Well, such strategy can work sometimes and it seems the OP have already proven that to be working on his favor. But the market movement is not always into that pattern that when the price of Bitcoin rises, the Altcoins do dump and vice versa. Maybe there might be times that such strategy will work out but not all the time. It will still be depending on the trader himself on how he will get along with the market to work against odds and make things work on his favor since we manageably work on how we can turn things into opportunity whether the state of the market is on a dump or pump side.

[johnwest]

The strategy is very common in the crypto traders community but the top alts won't work like that with BTC pair. There are times when BTC is falling with respect to USDT but the alts/BTC pair won't be fluctuating. How you define a bear or bull market depends a lot. BTC fluctuation can sometimes be harder than ever to alts and they start bleeding red too much but sometimes it does not even affect a little.

[wiss19]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

So, right now you are trading bitcoin or altcoins? Because, I am seeing except dogecoins all other coins were falling yesterday and today even dogecoins also joining the bearish trend. As per your strategy, when bitcoin is falling, altcoins needs to be into bull trend but I am not seeing anything like that which includes ethereum as well. So, I am just curious to know what you are buying and what you are shorting right now.

[sayaya17]

Buying altcoins at the lowest price was excellent. Buy it when it is not in the altcoin season as it is now, where altcoins are already in a high state.
But I'm going to do it on certain altcoins that have good fundamentals. But it is  safer  for me to  trade  altcoins in  a short time. It can be daily or
three days to a week to take profit. And buy back altcoins at a price correction.

[darewaller]

it is  safer  for me to  trade  altcoins in  a short time. It can be daily or three days to a week to take profit. And buy back altcoins at a price correction.

So, within maximum of three days holding, you will be able to see gains on your coins and you are booking profits? How often you are doing? On every weeks? When you are making use of fundamentals more appropriately then I guess there would be plenty of chances for you to be sustaining with your strategy.

But, you must work on technical analysis as well because, you cannot expect always do trade within a range so that you could easily predict the end points of market turning.

[Hypnosis00]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

You're not in trading, honestly. You are just an investor. These two are different, you'd find it wrong to call yourself.

Anyway, never mind it. Your strategy had been a practice for a long time ago and it still exists until the present times. This is simply to say that this strategy is really working and you have proved it. Nevertheless, choosing the coins to buy is somewhat important and it should be those coins that are more volatile considering that the price keeps moving up and down.

[Lanatsa]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

You're not in trading, honestly. You are just an investor. These two are different, you'd find it wrong to call yourself.

Anyway, never mind it. Your strategy had been a practice for a long time ago and it still exists until the present times. This is simply to say that this strategy is really working and you have proved it. Nevertheless, choosing the coins to buy is somewhat important and it should be those coins that are more volatile considering that the price keeps moving up and down.

People do really had different approach between investing and trading where the duration do really differs and you can eventually tell but somehow it do involved buy and sell

on a particular level depending on your own trading decision on when to enter and on when to get out which does simply shows the act of trading that's why some people would
really have these kind of thoughts.

Thing here is that you do know on what youre doing and as long you can make yourself sustainable then that what matter most.

[kopijos]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

My advice is to stick to that position if it's profitable for you. because we know everyone has a different success strategy, if it is appropriate then do it well and do it according to your trading strategy procedures.

[Sled]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

My advice is to stick to that position if it's profitable for you. because we know everyone has a different success strategy, if it is appropriate then do it well and do it according to your trading strategy procedures.

Plans and strategies will often change depending on the market situation and sometimes it happens that most people are in holding as their crypto are also in the dump. And some also unable to hold it longer and sell it even though they are at loss.
What OP did is a great adventure in the market and knowing the market position and his analysis worth great compared to others, and most likely, this person has a strong determination to reach his goal in no specific time.

[tygeade]

My advice is to stick to that position if it's profitable for you. because we know everyone has a different success strategy, if it is appropriate then do it well and do it according to your trading strategy procedures.

Different people are following different strategies and hence their success also in different levels. I agree we must follow and stick within a methodology of trading which is profitable for us. There will be no point of keep trying something which is not suitable for our risk management principles.

When you are profitable in trading then you may continue with it and when you are profitable with one particular strategy then sticking with that will not disappoint you. But, trying out new things at affordable limit will maximize our survival possibilities.

[isaac_clarke22]

~

This and people complaining that they instantly stop loss just because their strategy didn't work.
It happens differently to different people.
I recall back when I traded and I just followed what was on the screen when I watched Youtube tutorials back then.
It didn't work in my end because the video was 2 months old.

[Ararbermas]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

basic technique can actually give you profits afterwards if you will put more efforts in it, especially when both crypto has a different direction..wherein a perfect timing to trade. Because at that point you can actually keep alts in your portfolio until you earn a lot  while there's a potential to grow..

Then of course you should jump to BTC when it rose after the downtrend..because just like what i said earlier when they have opposite direction expect alternative coins will gradually turn to red and bearish season will come after.. indeed its like what always happened..
 It requires time and efforts when it comes monitoring the growth rate but.. Its worth it after all.

[Kong Hey Pakboy]

Well, such strategy can work sometimes and it seems the OP have already proven that to be working on his favor. But the market movement is not always into that pattern that when the price of Bitcoin rises, the Altcoins do dump and vice versa. Maybe there might be times that such strategy will work out but not all the time. It will still be depending on the trader himself on how he will get along with the market to work against odds and make things work on his favor since we manageably work on how we can turn things into opportunity whether the state of the market is on a dump or pump side.

We need more proof because this might be an isolated case and I don't think that it wouldn't hurt if someone were to try what OP did. I do agree with what @Yatsan says here, it might work now but it isn't a foolproof strategy, you still have to watch out for some signs and most of them do not work well with OP's strategy.

[elisabetheva]

Buying altcoins at the lowest price was excellent. Buy it when it is not in the altcoin season as it is now, where altcoins are already in a high state.
But I'm going to do it on certain altcoins that have good fundamentals. But it is  safer  for me to  trade  altcoins in  a short time. It can be daily or
three days to a week to take profit. And buy back altcoins at a price correction.

currently it is in alt season so I totally agree to do short trades on altcoins whose movements are active because if they are active we will get the difference from that movement. especially when the price is down, of course we can buy it and when it goes up and it is worth selling just do it, then do it with other altcoins, because this opportunity is perfect for doing what you say.

[btc78]

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

Buy Low Sell High so what's new on this trading strategy? are you referring to be the only one who does this trading style ?
Actually i can relate on your post because i also bagged some altcoins back last March 2020 when the market falls together with Bitcoin and one of those? that is Dogecoin lol.

having 400% growth is really bringing me best income ever in my entire career here in crypto.