Natsuu
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May 22, 2021, 07:04:24 PM |
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Stick with the plan, I don't know if it is a strategy or not, but stick to the plan no matter what.
Also I fully believed in buy low sell high, the most basic strategy there is. And the rest of what I does is wait and be patient
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mflash123
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May 22, 2021, 08:05:22 PM |
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Simply dollar-cost averaging[1] bitcoin. One of the best risk:reward strategies that people don't like using just because it's boring. I simply use this strategy, and focus on other things like business and learning new skills. I like to short-mid term trade altcoins occasionally though.
[1] https://dcabtc.com/What time frame are you using?
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lalabotax
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May 22, 2021, 11:59:16 PM |
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I am not an active daily trader. I ma rather than a short holder because I still feel difficult to analyze the market. Well, everyone must have their own strategy. For me, I prefer to hold some coins to get the increased prices in the certain targeted price and then well them. But now, the market is very unstable and drop too much. So I prefer to Hold it whatever happens.
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sulendra12
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May 23, 2021, 01:22:46 AM |
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i choose lending and borrowing as my strategy. farming also is part of it
I'm personally against using lending money to trade. Doesn't matter how good you are in trading, using someone else money in risk in favor to get income from trading where the probability is unknown is generally a bad idea. What would happen if you can't meet the goal? You're in debt and you are in trouble to pay the debt. Pretty sure there are lot of cases regarding someone using lending money or even big leverage and ended up suicide because of troublesome those are.
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dezoel
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May 23, 2021, 02:18:45 AM |
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Use our thinking skills .. fight our best enemy no other than our emotions be positive.
The best way to do that is just stop following the FUD that has been created around the social media. I have had peace of mind since I stopped following all the social media news about cryptocurrencies. I do follow some big names and see what's happening but it's worthless to check Twitter for hashtags like #bitcoin and all because people spread FUD there for some reason. The investment strategy is as we all know - HODL The best way to trade is - Buy once a DIP happens and sell once the market is BALLOONED/HYPED up more than it should. This is probably the best thing you can do or just go with altcoins and buy potential gems but they are hard to find in coal(scam coins) all around.
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fullhdpixel
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May 23, 2021, 05:00:46 PM |
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the longest investment takes several years to be able to take high profits, otherwise known as a long term trade, every trader has their own way, you can do it from mid term trade or long term trade, investment period of half a year to several years
That is the right approach indeed and some would even long bitcoins knowing the price will slowly get up. I don't believe too much in shorting and longing for coins because it's risky but I try and buy some coins after every crash. i sold quite early at any bull market and dump at any instant of the bear market. i find it difficult to control my emotions. since this year, i choose to move into farming, pools and it has been wonderful.
Just assess yourself and see if you are investing too much, that is most likely the reason you panic and make emotional trades. I used to do this earlier so I have an idea of why you are facing these problems. Just invest as much which you won't worry about losing and that will help you gain more control when the market crashes and similarly when bull run is going on you will not feel like selling all the coins.
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Ruvi2000sew
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May 23, 2021, 11:19:40 PM |
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It happens all the time. Since the economy is volatile, predictions will not necessarily be correct. I find it difficult to imagine that people make videos of their achievements. It's likely that they only bring in the positive aspects of their trades and not the negative aspects in order to get more buyers to buy their trading skills.
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Yamifoud
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May 23, 2021, 11:34:21 PM |
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i have tried trading and discovered that i loose my self whenever the market make huge moves . i sold quite early at any bull market and dump at any instant of the bear market. i find it difficult to control my emotions. since this year, i choose to move into farming, pools and it has been wonderful.
if you are new to trading, it was normal since you are not familiar with the market but if you doing this for quite long and the results still the same, there might a big problem with you. i choose lending and borrowing as my strategy. farming also is part of it
To be honest, these strategies make you more compromise and gives you a big problem sooner. Because instead of focusing on how to improve your trading skills, you are also bothered on how to pay your debts that make you out in focus. If you did this from the very beginning of your trading journey, I think this was a reason why you never succeed.
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manggis97
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May 24, 2021, 05:45:12 AM |
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I always calculate my profit and loss from crypto trading for 1 year, because i did long term trading. By learn the previous of bull market, look like holder is always win, this is depending when we start and when we have to out from the market. For montly profit I did staking and forex trading.
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SquallLeonhart
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May 24, 2021, 09:55:37 AM |
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what is your strategy please. i want to learn more.
Everyone should have a different strategy and everyone should realize this as well. I personally do not understand it when people have all kinds of strategy and trying what others had a success with but that is not what it should be about, it is obvious that if you end up with someone else's strategy you are not going to be happy with it and you are going to regret it, because nobody could be as good as you at your own strategy and if someone else has their own strategy and they are doing perfect with it you will have a chance to fail with it. This is why everyone should make their own perfect strategy in order to succeed. I personally did it long time ago, mine is simple "ignore and keep holding" and I never get bothered by these type of falls, but I do not get crazy hyped like others when it goes up super high neither, that is why ignoring worked for me, maybe it would be horrible for you? Who knows.
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nrvasquez
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May 24, 2021, 10:24:39 AM Last edit: October 06, 2022, 05:54:05 PM by nrvasquez |
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I never borrowed to trade btw, because that's not healthy, imo. I prefer to be a less greedy short time hodler. I joined several telegram groups and paid attention to social media that discussed crypto (especially Twitter). although some people think that it's useless, I think I'm good enough to use it. I only buy coins that are dipping and are expected to rise again in the short term, although the profit is not much, the profit is still a profit, and I'm happy about that
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michellee
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May 24, 2021, 02:27:44 PM |
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i have tried trading and discovered that i loose my self whenever the market make huge moves . i sold quite early at any bull market and dump at any instant of the bear market. i find it difficult to control my emotions. since this year, i choose to move into farming, pools and it has been wonderful.
i choose lending and borrowing as my strategy. farming also is part of it
i FARM ACROSS Bsc to matic and solana. it is a rotation for me. gains from bsc goes to matic. from matic to solana and from solana back to bsc.
what is your strategy please. i want to learn more.
When you find out you are hard to control your emotions and feel difficult to learn about trading, you can try to become a holder. That means you do not have to involve in trading and you only buy on the dip and hold it without thinking about the market movements. But if you think that farming and pools work perfectly for you, you can continue to make a profit but you need to be careful because you should know how much money you will use to do that thing. My strategy is trading and holding and that is works for me. I trade when I see I can enter the market, but I will not try to enter the market if I feel it is hard for me. Holding is the other way for me to make a profit in the short and long term so I still use that way to increase my profit.
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Raflesia
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May 24, 2021, 03:44:18 PM |
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Use our thinking skills .. fight our best enemy no other than our emotions be positive.
The best way to do that is just stop following the FUD that has been created around the social media. I have had peace of mind since I stopped following all the social media news about cryptocurrencies. I do follow some big names and see what's happening but it's worthless to check Twitter for hashtags like #bitcoin and all because people spread FUD there for some reason. The investment strategy is as we all know - HODL The best way to trade is - Buy once a DIP happens and sell once the market is BALLOONED/HYPED up more than it should. This is probably the best thing you can do or just go with altcoins and buy potential gems but they are hard to find in coal(scam coins) all around. It is true that now social media has been influenced by FUD and has spread everywhere so that it makes a lot of panic happen, the things that become victims are novice investors if they look like of course they will be very gloomy and act to sell just like that. So it's difficult if we don't look at social media because all the info about crypto is there as long as it's not influenced by FUD so I'm sure you will be calm even though the market conditions are bearish. There are so many different investment strategies and however the most important investment is that in the long term of course the best word is HOLD, if it is not strong after looking at the market then you don't have to go at a time like and it's better to trade when the bull run occurs.
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Yatsan
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May 24, 2021, 04:22:39 PM |
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Strategy starts by acquring all decent knowledge and information you certainly need with regards to the crypto you wish to have an engagement with or the ones you wanted to trade into. By basically doing such, you will have a wide range of understanding on what approach you will certainly do if ever unexpected thing happens while you were trading. Be updated on the latest happenings because recently certain events or scenarios are happening affecting the price movement of different cryptocurrency so you better keep yourself up into such things. Knowledge in technical analysis is also a must have to help you out with your trading. You can also pattern your strategy into buy low and sell high which is the most common thing to do and you can also do holding if you are not yet decided on what you supposed to do with it. Strategy depends on the crpyto and the situation.
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AakZaki
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May 24, 2021, 06:11:52 PM |
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I am not an active daily trader. I ma rather than a short holder because I still feel difficult to analyze the market. Well, everyone must have their own strategy. For me, I prefer to hold some coins to get the increased prices in the certain targeted price and then well them. But now, the market is very unstable and drop too much. So I prefer to Hold it whatever happens.
stick with it and don't do anything stupid to sell at a loss at this point. if you are not an active day trader at least you have a target as a midterm holder. You have to learn to analyze the market, because without you learning to analyze you will be a person who doesn't know where the market is going. Analytical knowledge is needed and most importantly you know the basics of trading first.
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DarkDays
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May 24, 2021, 10:14:12 PM |
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Stick with the plan, I don't know if it is a strategy or not, but stick to the plan no matter what.
Also I fully believed in buy low sell high, the most basic strategy there is. And the rest of what I does is wait and be patient
Precisely, the OP will come by this phrase times and times again ''Buy low, sell high'' because it is true. Anybody who had the bravery to buy during this dip are now in a great position with great returns because they stack to the book rule. So whatever you do, make your plan and just God damn stick to it! It's all it takes to succeed or fail in this game.
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Hypnosis00
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May 24, 2021, 11:49:52 PM |
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I never borrowed to trade btw, because that's not healthy, imo. I prefer to be a less greedy short time hodler. I joined several telegram groups and paid attention to social media that discussed crypto (especially Twitter). although some people think that it's useless, I think I'm good enough to use it. I only buy coins that are dipping and are expected to rise again in the short term, although the profit is not much, the profit is still a profit, and I'm happy about that
Well, it was your beliefs towards social media but honestly, a lot of people getting rekt because of this platform. Just look into how Elon Musk influences the market, he uses social media. Though there is no wrong about your doing as you can still be learning from them and as well as it adds awareness. It is very important for us to know what exactly we are doing, we have to invest in the thing that we think we're good and profit, not because of the influence by someone else.
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CryptopreneurBrainboss
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May 25, 2021, 05:46:01 AM |
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I always calculate my profit and loss from crypto trading for 1 year, because i did long term trading. By learn the previous of bull market, look like holder is always win, this is depending when we start and when we have to out from the market. For montly profit I did staking and forex trading.
Hodlers when everyone was panicking and selling their bags are usually does that benefits at last mostly during the next bull run. But when there's a bull run, those that weren't greedy and sold at what they felt were the top even though they're not the top are those that benefit more provided they'll be courageous to buy when everyone else is now selling. People would do this are quite smart and they are calculated risk takers, not everyone can have their emotions in check and hold through all the rough times after they have been in profits in the previous weeks or months. Nobody knows how long a bear market could last so it's best advice you not engage yourself in a strategy you know you can't follow to the very end.
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justdimin
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May 25, 2021, 03:51:24 PM |
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My trading strategy involves buying bitcoin or any promising coin and just hodl, wait for the price that I have set to sell and the prices are pretty ambitious so it really takes a long time before I can ever really take the profit.
That is the best way to make a profit anyway, you are doing the right thing unless you are some major super talented trader. I am not a trader and I rarely make a good profit from my trades so I do exactly the same thing as you do, that is why I believe it is not really that shocking for me to end up with buying and holding. One thing I can add into your system would be buying consistently instead of just one purchase, I do not know if you do that or not, but if you could add that in (which is called dollar cost averaging) then you could have the same thing as I do. People who think that they could make a huge amount of money very quickly are either tricking themselves into losing money, or they are talented traders who can actually do it. We always say people who do 100x leverages are doing something risky and 90%+ of them loses money but there are very few that does profit from it, unless you are like that then your strategy is perfect.
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CryptopreneurBrainboss
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May 25, 2021, 09:59:34 PM |
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I never borrowed to trade btw, because that's not healthy, imo. I prefer to be a less greedy short time hodler. I joined several telegram groups and paid attention to social media that discussed crypto (especially Twitter). although some people think that it's useless, I think I'm good enough to use it. I only buy coins that are dipping and are expected to rise again in the short term, although the profit is not much, the profit is still a profit, and I'm happy about that
Hopefully those groups don't turn into some shilling group for projects of their choice as that's what most discussion group turns into this days when greed comes into play. The founder take commission for enlightening such discussion in the group filled with enthusiast as the chances of some joining in the project is present. Dipping coins are at a discount and should be encouraged to purchase if you have free fiats but you have to be very cautious as not all dipping coins are worthy of getting our patronage. The beer will kill up projects not seem fits so you have the be cautious to avoid been among those that'll be affected.
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