Best strategy for crypto trading

[Oneandpure]

Have several strategies for cryptocurrency trading from long term, short term, scalping, daily trading or become an investor with trading where take profit only after several years later. I think depend how much money do you have and how many way you have source income, long term trading usually as bigger investor they have many way with income source and not really worry with price after holding, he can manage other investing because have much money. For me keep use with daily trading because I want earn profit every day and trading is my only income right now.

[ethereumhunter]

Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.

I do not have best and most accurate strategy because I am not too expert in crypto trading, so I consider buying when the price is down and selling it when the price is up. I also try to watch the line on the market and draw something using indicators but mostly, I can not get accurate since the market can go lower or higher than my chart. To find out where the price will move, I am trying to change the timeframe from 5 minutes, 15 minutes, 30 minutes, and 1 day. Sometimes I am right but sometimes I am wrong so I still need to learn as many others. But as I want to make any profit from trading, I do not mind if the profit is not too big than the other.

[JooBra]

Trading strategies change with time since the market changes. Crypto is not the same like last year. Or more like couple of years ago. Its constant learning and implementing new things in your trading.

[justdimin]

Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.

The volatile nature of the Bitcoin market makes it the perfect place for day trading, because the price swing can get you a good amount of profit in the market. I think one strategy that would be good for you to make use of is the scalping strategy. But, before that you have to make sure that you have learnt the rules of scalping trading.

I believe that there are so many websites that you would find online that are teaching traders how to make use of the scalping strategy and would be good if you try to go through them and learn. This strategy best to be applied in 5 to 15 minutes, although I have also seen people who said that they do 1 minute.

[Reid]

A long time ago, I/we pair Bitcoin with an Altcoin and that's way difficult but when stable coins came it gets the job easier. The best strategy would always be the experience. It may have been repeatedly said here but that's the only one working for me. You can read different TA's but at the end of the day it's all up to you on when you will buy or sell.
Focus on one coin paired with a stable coin. It will be easier to tell your gains and losses. Now read the market of the coin back and see what you did right or wrong. That's all I do.

[qwertyup23]

Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.

When it comes to trading, experience is the key in order to have a successful run on your platforms. What I personally suggest is that you must first experience the market itself by trading personally. Use only small amounts of resources as your capital since what you are aiming for here is the experience and knowledge of reading the market. After having completed this step, you may proceed to do your own research and consider both internal and external factors that drive the price of cryptocurrencies.

Remember that trading is risky especially for beginners. Always aim for experience and avoid also being too greedy.

[stomachgrowls]

Trading strategies change with time since the market changes. Crypto is not the same like last year. Or more like couple of years ago. Its constant learning and implementing new things in your trading.

Trading would really be a never ending thing on which you would really continue to be versatile and learning up things continously and yes the market wasnt the same a year ago or on older which means

there would be adjustments that would be made from time to time because you dont really need to get stucked on one strategy and as a trader you should really be versatile in most cases.

Situations could really differ from time to time and as said you would need lots of times to have some good grasps on this unpredictable market on first place.

[Doell]

win will always accompany traders who take small profits continuously ,previously I personally if want to daily trade ,my eyes don't come off to see what was congested so I could go with the flow ,ah ,sometimes I use TA but always fail and change to side wind

[Ryu_Ar1]

This leads to daily trading I rarely do this because I'm busy and can't monitor market developments every day so of course I use common basic techniques with others but to do this strategy I certainly choose TradingView analysis to try trend lines and break outs but there are Many of the other techniques depend on the particular coin and can be seen from trends or pumps.

But if I didn't have the best strategy guide in the article on the trading board, I forgot to save it even though it's quite complete in the guide.

I hope it's Quick Trading Pattern Guide for Newbie traders you mean but that's what has been helping me for over a year since this thread was created by noormcs5. Honestly, this guide for a beginner will be very easy and very helpful in understanding some basic introductions. Especially as a day trader. Since the OP is not a beginner I'm quite hesitant to provide this guide.

I can be said to be a fairly new person in this matter and indeed things like that can help a little bit even though sometimes I'm still too confused to read chart patterns like that but this is quite useful for my basic overview when looking at movements, at least by just looking at a few Even the second candle we can see a rough picture of where they will move.

[TinaK]

Trading strategies change with time since the market changes. Crypto is not the same like last year. Or more like couple of years ago. Its constant learning and implementing new things in your trading.

This is the right fact, trading has no permanent strategies that can be used repeatedly and they don't have the same movement in the past.
We should learn how they will move and set an analysis and strategy on it. But there are two analyses that were never faded and it seems these are the best analysis until now. Its technical and fundamental analysis.

You can set a strategy in a whole year, you can use it maybe at once but it will not happen again or I don't believe that there's a strategy in trading. It's all analysis and study about the movement but we don't know that actual outcome.

[Uang_kartal]

  it depends on the type you are going to take. For a small example, either spot or futures flows there are risks. More specifically, currency can also be distinguished between coins with a large market capitalization or hype coins (shitcoins). Just mention the pattern for several instruments that will be monitored, studied for buy/sell points. I usually use breakouts after the confirmation candle is 2 candles after it leads to either support or resistance, I can put a 1:3 stop loss with a good profit taken. for the long term it could be more than that.for reference I've also

read this

  there is a lot to be prepared for trading, especially daily trading which we hope to profit from trading every day, everyone has a style and knows the pros and cons, I'm sure you've also accepted. Let's continue as each of us trading, and the level of accuracy of an the analysis depends on us taking the gap to get out and enjoy the profit for me, everyone has a goal in hand and have fun friends

[carlfebz2]

Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.

You are the one who could really able to find out because even if you do copy others strategies even with the basics but still it wont be an assurance that you would really be also profitable like theirs.

Making out decisions will really be depending on your because profiting isnt something simple as it sounds yet there would be lots of factors that would really affect your profitability.

Strategy could really be seen commonly it is just depending on how you do blend it up and its up to your own effort.

[judaspriest]

This leads to daily trading I rarely do this because I'm busy and can't monitor market developments every day so of course I use common basic techniques with others but to do this strategy I certainly choose TradingView analysis to try trend lines and break outs but there are Many of the other techniques depend on the particular coin and can be seen from trends or pumps.

But if I didn't have the best strategy guide in the article on the trading board, I forgot to save it even though it's quite complete in the guide.

I hope it's Quick Trading Pattern Guide for Newbie traders you mean but that's what has been helping me for over a year since this thread was created by noormcs5. Honestly, this guide for a beginner will be very easy and very helpful in understanding some basic introductions. Especially as a day trader. Since the OP is not a beginner I'm quite hesitant to provide this guide.

I can be said to be a fairly new person in this matter and indeed things like that can help a little bit even though sometimes I'm still too confused to read chart patterns like that but this is quite useful for my basic overview when looking at movements, at least by just looking at a few Even the second candle we can see a rough picture of where they will move.

Advice for beginners is that you better multiply and deepen your knowledge about everything related to crypto,
so that when you enter the market you are no longer confused in reading chart patterns,
most importantly keep learning and enjoy

[Oneandpure]

You have good ideas with as beginner in cryptocurrency trading, never all in your fund in one altcoin and you need to use fund for investing with several altcoin maybe you need to invest with three or four altcoin kinds. I think is good way when you loss opportunity with one or two coins you still have chance earn profit left two other coin, but always choose potential altcoin for investing, check first with how much transaction volume and looking for with how many exchange listing with your coin investing.

[bitgolden]

even if you do copy others strategies even with the basics but still it wont be an assurance that you would really be also profitable like theirs.

I agree with this. Beginners do look for skipping all the struggles involved with learning and developing strategies for profitable trading which is the reason, they search for best strategies from experienced traders. But, like you have mentioned, there will be no guarantee that a copied strategy will work for us. Because, the available capital and risk management kind of things are not same across all traders hence customization of strategies is more important before start using them.

Advice for beginners is that you better multiply and deepen your knowledge about everything related to crypto

Yeah, when they do everything by their own then they could do trading more carefully and profitably. Beginners may look for guidelines on what to do and what are don'ts but just copying others all things may not work for them in most cases.

[michellee]

Advice for beginners is that you better multiply and deepen your knowledge about everything related to crypto,
so that when you enter the market you are no longer confused in reading chart patterns,
most importantly keep learning and enjoy

I think that is what beginners should do before trying to find the best strategy because the strategy will not always work for them, especially if he is still new in trading. If he can learn and try to improve his skills, he does not need the strategy from us because he can create his own strategy that will work for him. It will be better to do that as he does not depend on us to set the strategy. Besides that, the market can move unpredicted and can surprise us and if we do not have better skills, we will confuse what we need to do.

[Sweetbtc]

Strategies for investment in cryptocurrency.

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[sulendra12]

Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.

We can't give the exact strategy to different people since different people need different approach to what it's more comfortable to use when analyzing the market. It just needs time and patience on picking which one suits the best for you. That is why there is no such thing as "best" strategy in trading since every strategy has its own pros and cons depends on different situations.

[ultrloa]

Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.

We can't give the exact strategy to different people since different people need different approach to what it's more comfortable to use when analyzing the market. It just needs time and patience on picking which one suits the best for you. That is why there is no such thing as "best" strategy in trading since every strategy has its own pros and cons depends on different situations.

Yeah because what working to other may not work to us so I guess its up for the trader on what strategy they used upon trading since those things will be learned by them based on their experience and provably if they focus to see and learn their past lapses for sure they can create a strategy which can help them doing good decisions upon taking action on the market.

[Mamun74]

Many ways to make money in investment like trading and holding. Trading Isn’t easy. When you start trading then you need to know about good trading and skill.i am suggested to Newbie best for holding. Beacuse newbie trader should buy most valuable coin and hold long time i hope they will get good benefit from it.Greedy mind and impatient and panic seller lost their money in trading.