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Author Topic: Best strategy for crypto trading  (Read 1275 times)
Adbitco
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February 01, 2022, 05:38:50 PM
 #61

This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   

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February 01, 2022, 07:23:19 PM
 #62

This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
You wouldnt learn if you wont really experience it for yourself and even those pro's do still keep on learning because this trading career is a never ending learning
considering that this market is unpredictable then any strategy wouldnt really be a solid assurance for you to rely on.It might work for sometime or conditions
but not all in such situation which as a trader then you should really be that versatile on any condition and that what makes you better.
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February 01, 2022, 07:37:57 PM
Last edit: February 01, 2022, 10:58:22 PM by MCVXYZ
 #63

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.

I think information works for everyone. It just depend on how you make analysis. The most precious thing in crypto trading is experience of recycling the information.  imagine, its not just about strategy, in this process, every field of social-economical and political aspects are involved and you must be up to date about that.
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February 01, 2022, 08:10:35 PM
 #64

This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
I did it for daily trader with take profit as soon possible and earn profit every day but always become an investor for long term after my assets price drop, its not easy what have said and our predicting many time is not true depending when whale make bad news price dump out from expecting and have solution with long term holder only. But I never try for cut loss if my assets dump under 30% and waiting or become an investor is best ideas until price back and without take profit for getting back my capital is enough.

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February 01, 2022, 08:46:36 PM
 #65

This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
The best strategy to be successful through cryptocurrency trading is to first understand the market, have basic knowledge about crypto trading, and understand the trading form that's best for you because crypto trading is just like gambling and every trading decision presents a new risk especially the day trading you choose which is not for everybody no matter how the experience the person had in crypto.
The best trading strategy is to invest when others panic.

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February 01, 2022, 09:50:01 PM
 #66

What is your local/native language? The forum has a number of users who speak most languages, so try to speak using local language instead of trying to write in English, especially when you want technical advice.

Do not use Telegram for technical assistance, many scammers will try to message you.
Are you saying that the English command of the OP is not good enough or what exactly are you trying to say here please. OP, has made his point care here by asking for and if you don't have one must you post here.
Op, is very simple just note that trading crypto is not meant for everyone and for you to be on a safe side just buy low and hold for over time instead of day trading for a quick return.
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February 01, 2022, 10:02:46 PM
 #67

This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
Well, how is it going now?
Reading is not enough that you will learn in trading, you need to execute it by yourself to have a better experience.
in my own opinion, there is no trading strategy because it is made us actual in trading, the market which moving alive and the price is unpredictable so how would we know the situation headed at. Knowledge could be the right tool to have in trading and avoid possible loss.









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February 01, 2022, 10:46:44 PM
 #68

The king of all trading strategies in my own opinion has to be order block trading or the smart money kind of trading as to be the best as this ignores all sorts of noise on the charts and pretty much sees a move 2 steps ahead which is one that we all need to master.

Trading Breakouts, using trend lines only works with certain assets and on certain timeframes otherwise this has too many fake outs which equates to manipulation.

 
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February 01, 2022, 11:07:40 PM
 #69

Hello guys what's your best and accurate strategy when it comes trading crypto?
After understanding the basics of trading, the first strategy for me myself is the only trading coin that I really know. I mean that I am not capable of the trading pump and dump coins or hype coins. That is why I will prefer to not trade it as the first strategy.
Additionally, if we are new enough, please be wise, not to use margin or leverage or future trading.
Always knowing the fundamentals of the coins that we are trading on is also important if we are trading in the spot market, so, if the price goes dumped suddenly, it still has the hope to rise again.
I sometimes also set CL to minimize loss, but not too often because still prefer to hold the coins when it drops.

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February 01, 2022, 11:59:27 PM
 #70

I have no specific strategy in trading, it can be varied and different depending on the situation. Sometimes I use day trading if the market situation looks good, but I can change it to scalping if I am not sure about the price moves in crypto coins. Each strategy has advantages and disadvantages, so we must be careful to choose them since the effectiveness depends on the market situation. So, please remember that there is no perfect strategy in crypto trading, choose a strategy according to the need or depending on the situation.

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February 02, 2022, 01:05:15 AM
 #71

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 have been posting in trading section for more than 5 years now yet knows nothing about those basics? seems like this is just a joke lol.

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the only thing that i will advise you is Not to be greedy , and only put your funds that can be risked or lose , this will save you in further investment and holding .

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Strongkored
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February 02, 2022, 03:40:01 AM
 #72

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 have long stopped from day trading and prefer to long term, especially when market conditions are bearish then it is a good time to start collecting some coins with good potential.
Not giving a good win rate does not mean it does not provide profits, right? Maybe your win rate isn't great but if you can consistently get it isn't it better?
Perhaps the best advice is not to be greedy which is very likely to make you lose a lot.

Oneandpure
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February 02, 2022, 04:27:39 AM
 #73

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 have long stopped from day trading and prefer to long term, especially when market conditions are bearish then it is a good time to start collecting some coins with good potential.
Not giving a good win rate does not mean it does not provide profits, right? Maybe your win rate isn't great but if you can consistently get it isn't it better?
Perhaps the best advice is not to be greedy which is very likely to make you lose a lot.
Depend with income by trader, maybe you can get other way with your income like have staking coin or have side job and you can earn money every day, but some one only have trading as income and earn money so they only keep use short term or daily day for trading. I think is very good with long term trading and percentage profit is the same with daily trader usually have more profit with long term trading than short term or daily day trading but they not have other option with income for every day.

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xmonkeyx
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CRYPTO WEB3 NEOBANK


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February 02, 2022, 05:07:52 AM
 #74

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 think for day trading it is difficult to maximize profits with market price conditions that move quickly, because it requires careful decision making.
for tricks and strategies I use a common strategy but what needs to be controlled is the emotion not to be greedy and also the accuracy in making decisions.
and the most important thing for day trading is to choose a coin whose daily movement we can know.

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TheUltraElite
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February 02, 2022, 05:57:20 AM
 #75

I think information works for everyone. It just depend on how you make analysis.
Everyone has the same information. The difference is how we use it and how much of a positive mindset approach we take.

Quote
The most precious thing in crypto trading is experience of recycling the information. 
Not sure what you meant by that but recycling the money in the bull-bear cycle is important.

Quote
imagine, its not just about strategy, in this process, every field of social-economical and political aspects are involved and you must be up to date about that.
Not necessary though. If you try to search for every answer to every market movement, you will get zero answer and waste your time. Rather you have to know how you perform best. When the market is dropping in price, buy it and when it is rising in price sell it. Keep track of your older buy/sell orders to track the net profit and continue cycling the money. That way you make the profit and the society can do whatever it wants, it would not matter to you. Wink

 
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judaspriest
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C O M B O


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February 02, 2022, 06:35:02 AM
 #76

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 have long stopped from day trading and prefer to long term, especially when market conditions are bearish then it is a good time to start collecting some coins with good potential.
Not giving a good win rate does not mean it does not provide profits, right? Maybe your win rate isn't great but if you can consistently get it isn't it better?
Perhaps the best advice is not to be greedy which is very likely to make you lose a lot.
Depend with income by trader, maybe you can get other way with your income like have staking coin or have side job and you can earn money every day, but some one only have trading as income and earn money so they only keep use short term or daily day for trading. I think is very good with long term trading and percentage profit is the same with daily trader usually have more profit with long term trading than short term or daily day trading but they not have other option with income for every day.
If someone is already a professional trader I think it's fine to make short term trades,
but on the other hand if you are still a beginner of course it is too early and risky to engage in short-term trading,
apart from that, it all depends on each person

antmex
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February 02, 2022, 08:12:51 AM
 #77

My personal strategy is quite simple.
Buy above blue line: https://de.tradingview.com/x/BeinhhN8
Buy above blue line: https://de.tradingview.com/x/JUxQg3ZL

That’s all. Pretty simple I think.
My win rate is around 80% with my risk management.
kotajikikox
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February 02, 2022, 10:16:36 AM
 #78

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 i was still trading? my only strategy is not to become greedy and not to become ambitious because this leads me to making wrong decisions in the past.
now that I am done with trading ? the only strategy i use is Holding and i believe that you can adopt this also if you want a safe and manageable investing here in crypto.
remember that never Daytrade if you have no deep knowledge and no enough capital to risk.

Taskford
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February 02, 2022, 12:41:19 PM
 #79

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.

To acquire skills it takes a long time before we get it and we might face many challenges and money lost for the actions we made but what most important thing their is we learn about what we encounter since from that we will be a good traders if we put all in our minds on what possible scenario we possibly see in certain times in the market.

To be greedy is normal knowing we really want to gain more from it but for sure once we lost any amount for that action we will be more careful on our next trades.

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boyptc
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February 02, 2022, 12:56:24 PM
 #80

I have no specific strategy in trading, it can be varied and different depending on the situation. Sometimes I use day trading if the market situation looks good, but I can change it to scalping if I am not sure about the price moves in crypto coins. Each strategy has advantages and disadvantages, so we must be careful to choose them since the effectiveness depends on the market situation. So, please remember that there is no perfect strategy in crypto trading, choose a strategy according to the need or depending on the situation.
There are the common strategies but those strategies really vary and depends on the output that they show. If one isn't perfect and effective to you, you have to get rid of it.

Those that have been doing with day trading and they're good in doing TA, they're likely the ones that survive with their everyday life in trading. It's true that there's no perfect strategy but whichever the strategy that you've seen that's very promising with your style, use it.

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