How do we manage our crypto trading strategy

[justdimin]

Hi guys
Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit

As long as you know how to read a trading chart, graph, it is impossible not to get profit from such activities. Then, you can get a different strategy from what other traders give tips.

      As long as you make sure that the coins you buy will not give you problems in the end, don't give coins that you can get stuck in the end because in the end you might sell at a loss, you know what that means.

I would say that "in the long run" is a must add for that. I agree that if you know all of that and if you are a good trader basically then you will make a profit with time, but that doesn't mean that every single trade will be a profit neither, sometimes you will make some losses.

I think it is important to realize 5 up 1 down 3 up 2 down type of thing is the nature of trading, that doesn't even have to be bitcoin trading, it is true for stocks, gold, forex and whatever else you can think of. This is why it is important to ignore the losses, learn from them but ignore them in the end and try to make a profit on the long run so you would be getting richer over time.

[Digital_Lord]

If a person remains active in crypto market then he visualize all necessary equipment about trading and investment so it is very quick way to get better results. Also its important to remember that you cannot get profit at once and in fast way but for it you will have to wait because success needs time and hard work. Maintain your goals and Try to achieve if a person have certain aims and planning so he work according to it wherefore this technique will make him successful

[suzanne5223]

If a person remains active in crypto market then he visualize all necessary equipment about trading and investment so it is very quick way to get better results. Also its important to remember that you cannot get profit at once and in fast way but for it you will have to wait because success needs time and hard work. Maintain your goals and Try to achieve if a person have certain aims and planning so he work according to it wherefore this technique will make him successful

Being active in the crypto trading market is not enough to avoid being obsolete in the efficiency aspect that brings profit because sometimes the information you hear before the market traffic start is more efficient than the equipment used in crypto trading.
Having said that, there's no doubt that success needs time but working smart is what brings the needed success.

[kamvreto]

If a person remains active in crypto market then he visualize all necessary equipment about trading and investment so it is very quick way to get better results. Also its important to remember that you cannot get profit at once and in fast way but for it you will have to wait because success needs time and hard work. Maintain your goals and Try to achieve if a person have certain aims and planning so he work according to it wherefore this technique will make him successful

Being active in the crypto trading market is not enough to avoid being obsolete in the efficiency aspect that brings profit because sometimes the information you hear before the market traffic start is more efficient than the equipment used in crypto trading.
Having said that, there's no doubt that success needs time but working smart is what brings the needed success.

Working smart actually also takes time, it is impossible for those who are still laymen to have the ability to analyze properly without prior experience. Experience can certainly be obtained from any source. Practice in various types of trading by applying combined Technical analysis and Fundamental Analysis to determine the direction of the trend that will occur.
There will be many ways that can be used to manage trading strategies properly and correctly. In carrying out risk management, financial management is important to support the strategy in accordance with the plan.

Nothing can be done instantly, even if someone is working smartly, there will still be a process that must be followed. What's different is that the process of adapting to smart people will be faster.

[carlfebz2]

If a person remains active in crypto market then he visualize all necessary equipment about trading and investment so it is very quick way to get better results. Also its important to remember that you cannot get profit at once and in fast way but for it you will have to wait because success needs time and hard work. Maintain your goals and Try to achieve if a person have certain aims and planning so he work according to it wherefore this technique will make him successful

Being active in the crypto trading market is not enough to avoid being obsolete in the efficiency aspect that brings profit because sometimes the information you hear before the market traffic start is more efficient than the equipment used in crypto trading.
Having said that, there's no doubt that success needs time but working smart is what brings the needed success.

You should really make yourself that get involved specially on a community where people do make trades which you do have that idea on whats happening around.Make yourself that aware in terms of news and

other fundamentals which you could really make use.Also, you could really gain up some ideas out from other traders which you could also apply into yours when it comes to strategy.

Some do loves on going alone and wouldnt really be that bad but everything would really be a bit faster if you are really that trying out to engage into more
ideas came from others.

[suzanne5223]

If a person remains active in crypto market then he visualize all necessary equipment about trading and investment so it is very quick way to get better results. Also its important to remember that you cannot get profit at once and in fast way but for it you will have to wait because success needs time and hard work. Maintain your goals and Try to achieve if a person have certain aims and planning so he work according to it wherefore this technique will make him successful

Being active in the crypto trading market is not enough to avoid being obsolete in the efficiency aspect that brings profit because sometimes the information you hear before the market traffic start is more efficient than the equipment used in crypto trading.
Having said that, there's no doubt that success needs time but working smart is what brings the needed success.

Working smart actually also takes time, it is impossible for those who are still laymen to have the ability to analyze properly without prior experience. Experience can certainly be obtained from any source. Practice in various types of trading by applying combined Technical analysis and Fundamental Analysis to determine the direction of the trend that will occur.
There will be many ways that can be used to manage trading strategies properly and correctly. In carrying out risk management, financial management is important to support the strategy in accordance with the plan.

Nothing can be done instantly, even if someone is working smartly, there will still be a process that must be followed. What's different is that the process of adapting to smart people will be faster.

Yes, working smart requires a lot of time but the time actually worth it if you ask me.
We both know that knowledge is power and can be acquired in many ways, isn't this the reason why the newbies are advised to seek knowledge first because the trader that doesn't know the rules of the market has already made a loss before she invests?
The risk management and the fundamental concept of the market is what i always advise the newbies to know first.

[Bollexz1]

If you already have a structured strategy working for you, it will be better if you stay glued to it as mastering another person's pattern might scatter the whole process for you. My only recommendation for you is for you to study money management. This regardless is very important as it holds the key to success in trading.

[KingsDen]

Hi guys
Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit

There are many trading strategies which people have used overtime to make good profit out of the crypto-currency market, but one thing with the market is that it is ever dynamic. And once it is changing a particular working strategy might stop being effective over time. This is why it is important to have more than one working strategy and such strategy should be tested and retested in order to be reliable.

So when this strategy fail  a new one should be developed. And it's just text little or no difference between an existing strategy and a new one that will be developed.

[FahriZah]

This Is Another One Good Question And Tropic Very Important We Are Whom Involved With Crypto Trading They Need To Know Very Good Strategy For Trade.

[Hypnosis00]

Hi guys
Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit

There are many trading strategies which people have used overtime to make good profit out of the crypto-currency market, but one thing with the market is that it is ever dynamic. And once it is changing a particular working strategy might stop being effective over time. This is why it is important to have more than one working strategy and such strategy should be tested and retested in order to be reliable.

So when this strategy fail  a new one should be developed. And it's just text little or no difference between an existing strategy and a new one that will be developed.

Yes, we might say that our current strategies are working well but a few years from now, it never works and become obsolete. As the market trend and behavior are changing, it was quite advisable to develop new strategies as well to make it more effective, otherwise losing is really possible. And not only that, but we also have to level up our knowledge and skill with the help of these new trading tools to become more efficient. New trading tools and strategies will find out more profitable but of course, that also matters in our decision-making as this will varies even though all of us are using the same strategies.

[blockman]

If you already have a structured strategy working for you, it will be better if you stay glued to it as mastering another person's pattern might scatter the whole process for you.

I second, when you've got a working strategy then there's no need for you to try another one if it's truly effective for you. And the time that you should look for another strategy is when it's no longer working well with your trades. That's giving you the confidence that you've got the working strategy. It may not be perfect but as long as it's giving you more wins than losses, you stick to it.

My only recommendation for you is for you to study money management. This regardless is very important as it holds the key to success in trading.

That's part of trading though. Money management is part of having a trading strategy and that includes how you decide and the risk factors that you're taking.

[Lamkuthang]

Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit

I like reading especially on crypto trading which requires a combination of technical analysis, risk management and market research. Here are some steps you can take to develop and manage an effective crypto trading strategy:

- Set clear goals Before starting trading so that the investment horizon is clear, both the target return, and the level of risk that is acceptable.

- Perform technical analysis to identify market trends, price patterns and support/resistance levels helping you to make an informed decision about when to buy, sell or hold a particular cryptocurrency.

- Stay up to date with news and Use risk management strategies and Review and refine your strategy on an ongoing basis.

The key to managing a successful crypto trading strategy is staying disciplined, informed, and adaptable. By constantly refining your approach and staying up-to-date with the latest market trends and developments, you can increase your chances of achieving consistent profits over the long term.

[GreatArkansas]

Hi guys
Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit

I am not against these new many crypto trading strategies. What only always comes to my mind every time I see new strategies/indicators is they are still based on the major basic strategies or indicators, they are still using some part of these foundation or core strategies. That's why I really advice for every new traders who are just starting always learn the basics, the core because in the long run, you will use it always.

[Inwestour]

If you wanna become successful in crypto trading don't be too haste to make profit or thinking is a get rich scheme which after you funds your account you began to make profits. Now from my ends whenever I think of trading I only choose some few coin like TWT or ETH and BTC place in an order with just little changes maybe $3 to $10 TP and if triggered I go with it (consistently) you could make out something good while trading which is mostly called scalping while others may calls it DCA.

Are you sure that the DCA strategy can be used in scalping? Scalping is day trading that requires multiple trades per day, so I'm not sure if DCA can be applied to this.

DCA is used in long-term trading, or at least in the medium-term, when we buy a certain asset with a certain frequency, regardless of the market situation. For me, as a long-term investor, DCA is very convenient, because I am not looking for a convenient entry point, I do not wait for the price of bitcoin to be the lowest, I buy with a certain frequency over a long period of time.

[irhact]

If you already have a structured strategy working for you, it will be better if you stay glued to it as mastering another person's pattern might scatter the whole process for you. My only recommendation for you is for you to study money management. This regardless is very important as it holds the key to success in trading.

At some point that strategy will fail or be outdated which is why we shouldn't depend on only one strategy and be opened to trying out new strategy in the future. The cryptocurrency market is constantly evolving and we should be able to evolved with it. Back in 2017, masternode were a big deal and trading their tokens or project developing one could give you profits.

Doing the same in 2023 won't be very profitable like trading AI coins. You should be able to evolved instead of been closed minded. When I trade I do so because I know I can make money from that project and not because I believe strongly in the idea that they're selling, if I did believe in their idea, then I'll be investing in the project instead of trading it.

[Bollexz1]

At some point that strategy will fail or be outdated which is why we shouldn't depend on only one strategy and be opened to trying out new strategy in the future. The cryptocurrency market is constantly evolving and we should be able to evolved with it. Back in 2017, masternode were a big deal and trading their tokens or project developing one could give you profits.

In this table, you also are making a valid point. Trying a new strategy sounds like a great way of upgrading trading skills but one should be cautious in putting it into practice. I've tried so many skills and fallen out in the process. Due to the everyday advancement in the crypto business, as you said, I might need to put a series of strategies on my demo so I don't get left behind.

[AicecreaME]

The most popular strategy in the community is to buy cryptocurrency when the price is low in the market, and hold to watch when the price will increase higher before you can release what you are holding at the moment to achieve something special from the market. Personal research is another strategy many traders used to overcome losses, and embrace profits in the future because the moment you Carry out your personal research before investing on a particular coin, it will be difficult for you to experience failure than to achieve success at the end of the market.

I agree.

Buy low and Sell high, and hold until you meet the price where you're happy to sell your coins. Spot trading is the best example on this type of trading, and gives good profit as long as you know when is the right time to sell but requires a lot of patient. In futures, you have to stick to indicators that brings you a lot of profits every trades you make, though while finding those indicators, you're gonna lose a lot at first but it is definitely worth it.

[Rahul09]

This Is Another One Good Question And Tropic Very Important We Are Whom Involved With Crypto Trading They Need To Know Very Good Strategy For Trade.

I think we have to learn constantly in the market. Because we can see new activities of Bitcoin in the market. We can never tell what will happen to Bitcoin in the future. Experienced traders can do some analysis only by looking at the previous situation. Of course Bitcoin will increase but when or how it will increase, none of us can say exactly. So here everyone is still learning, which will be learned everywhere.

[Bananington]

At some point that strategy will fail or be outdated which is why we shouldn't depend on only one strategy and be opened to trying out new strategy in the future. The cryptocurrency market is constantly evolving and we should be able to evolved with it.

A trading strategy that works for you today, may not work for you tomorrow, to become a successful trader, you have to be very observant. If you ask traders that have been very successful, how they have manage to be able to stay successful over the years, they will tell you mostly that they have stayed current and on top of the market situation. They are quick to know when a strategy of theirs is becoming less effective and they sometimes have people they can discuss and formulate new strategy with.

[Muba20]

Hi guys
Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit

When I don't take a short term trade in the market I usually trade it for the long term. Because I know that in long term trading the amount of profit can be much higher than the loss. Moreover, trading for long term reduces the risk. As I am new here I think it is best for me to trade through long term holding. An investor can make any strategy as per their choice.