What trading strategy is the best this season?

[taufik123]

If you see and monitor the development of the crypto market, especially in trading, if you ask the best strategy to do in crypto trading, for me spot trading is the best and can be profitable, if you understand spot trading methods and strategies.
Bitcoin price in the last 24 hours was at $59,878 and rose to $61,737, automatically you have pocketed a profit of $1,859, in a matter of 24 hours, and so on.

In addition to using the spot trading method, it can also be combined with a DCA strategy or doing scalping or swing trading.
All of that can be combined.

I would usually do a DCA to buy gradually when the price of Bitcoin starts to drop and not just on buying bitcoin,
but some of the top altcoins that have potential for the long term or that have large volumes to scalp.

Spot method and then determine whether to use a scalping or swing trading strategy,
usually for fast trading I scalp so that profits will be obtained quickly,
but you have to really know how to do analysis so that you know when to enter and when to exit.

[Altryist]

With the hopium expected to be at the premium beginning this month (October), it's the time traders look out for opportunities to win big. I've seen so many analysis on different platforms but with less discussion on strategy.
For me, I believe this is certainly not the time for DCA, or swing trading. I rather do some leverage trading, especially on derivatives (of course there's need to choose exchanges with good liquidity) and employ good risk management including batch trading to periodically take profits.

What's your thought though?

I believe this is necessary to prepare us for the "summer" haha

DCA is an investment strategy, not a trading one, which implies long-term accumulation of a position. October is considered one of the best months for market growth, but September has always been considered one of the worst months, and what did we get? You see how this cycle is not similar in details to all the previous ones, ATH before halving, the best September for Bitcoin, so who knows, maybe October will not be like we are used to seeing it. But a trading strategy should not be tied to a separate month, I think this is a false belief.

[sarmrakib]

With the hopium expected to be at the premium beginning this month (October), it's the time traders look out for opportunities to win big. I've seen so many analysis on different platforms but with less discussion on strategy.
For me, I believe this is certainly not the time for DCA, or swing trading. I rather do some leverage trading, especially on derivatives (of course there's need to choose exchanges with good liquidity) and employ good risk management including batch trading to periodically take profits.

What's your thought though?

I believe this is necessary to prepare us for the "summer" haha

There are np strategy are perfect and guaranteed to give you a good return. Also if you set up welly every strategy will be perfect. However you were saying about the season and i think we need to make it now as we are in summer and q4. Though Q4 is well known as downtrend after having a good uptrend past still its a good chance if nothing strong happen in the past.I am holding my asset and DCA for now and hope i will get a good move and exit soon with a good profit. I think it’s the best strategy for me not for one.

[stadniuk@singree.com]

With the hopium expected to be at the premium beginning this month (October), it's the time traders look out for opportunities to win big. I've seen so many analysis on different platforms but with less discussion on strategy.
For me, I believe this is certainly not the time for DCA, or swing trading. I rather do some leverage trading, especially on derivatives (of course there's need to choose exchanges with good liquidity) and employ good risk management including batch trading to periodically take profits.

What's your thought though?

I believe this is necessary to prepare us for the "summer" haha

There isn’t a one-size-fits-all trading strategy, especially in a season marked by volatility and fast-paced market movements. However, some strategies can help you navigate the current conditions:

Dollar-Cost Averaging (DCA): With uncertain market trends, spreading out your investment over time can help reduce the risk of entering at a high point. This strategy works well for long-term investors looking to build positions in solid assets without worrying about short-term price fluctuations.
Swing Trading: If you're more active, swing trading allows you to capitalize on short- to medium-term market movements. It involves identifying price trends and trading based on price "swings" between support and resistance levels.
Hedging: For those worried about potential downturns, hedging with options or other assets like stablecoins can provide a safety net. This is especially relevant during times of heightened volatility.
Diversification: In uncertain markets, spreading investments across different asset classes or sectors can help balance risk. A diverse portfolio can mitigate the impact of poor performance in one area.
Remember, market conditions can change quickly, so it's important to stay informed and adapt your strategy accordingly. Always consider your risk tolerance and goals before making any trading decisions.

[GigaBit]

For me, I believe this is certainly not the time for DCA, or swing trading.

Many people plan to use different strategies to make quick profit in the market around the bull run. But there is no guarantee that everyone will be successful. Some experienced traders try to hold their assets after doing a good research. But there are many who are not willing to take the risk. Because they think the market may not move the way it is supposed to. Rather, according to expectations, it may move in the opposite direction, which is not guaranteed. But considering the recent issues, if we only use DCA strategy especially holding Bitcoin, then whether the market is bullish or bearish, the Bitcoin portfolio will continue to grow and a significant return is definitely possible in the bull market.

[EarnOnVictor]

For me, I believe this is certainly not the time for DCA, or swing trading. I rather do some leverage trading, especially on derivatives (of course there's need to choose exchanges with good liquidity) and employ good risk management including batch trading to periodically take profits.

What's your thought though?

I believe this is necessary to prepare us for the "summer" haha

Well, you have to follow what works for you, but for me, my trading and investment plans always work for any season. If you are trading the leverage/margin style, just regard the risk involved, that's the main deal here. Still, I share in your opinion that it is not the time for those common DCA strategies, but not about swing trading, it's always a way to trade and invest if you know how to do it rightly. It would have made enough people who are even investing in Bitcoin rich this year if they opted for it instead of the DCA approach they always say.

[RockBell]

If you see and monitor the development of the crypto market, especially in trading, if you ask the best strategy to do in crypto trading, for me spot trading is the best and can be profitable, if you understand spot trading methods and strategies.
Bitcoin price in the last 24 hours was at $59,878 and rose to $61,737, automatically you have pocketed a profit of $1,859, in a matter of 24 hours, and so on.

So, from my perspective, in the last few months Bitcoin has gone down and up as I said, the difference is between $1000-3000, so for me spot trading is the best strategy at the moment.

Spot is very easy and like one of the most safest ways of trading your assets and when you want to go advance the individual can actually consider trading futures but when you want to go easy and smooth for the main time then going for spot will be best to comsider and it is also profitable as you said but you know most times people always want to make extra cash they want something more than profit. And the short analysis you made is very impressive and it is something that is clear for every one to understand, because futures is more of gambling and if you are losing your money then you are losing everything. And I agree with you that spot trading is just the best strategy even for beginners, the. Anyone that wants to to advance can do more study and then consider futures since that's beyond spot.

[Webetcoins]

What trading strategy is the best this season?

If you see and monitor the development of the crypto market, especially in trading, if you ask the best strategy to do in crypto trading, for me spot trading is the best and can be profitable, if you understand spot trading methods and strategies.
Bitcoin price in the last 24 hours was at $59,878 and rose to $61,737, automatically you have pocketed a profit of $1,859, in a matter of 24 hours, and so on.

So, from my perspective, in the last few months Bitcoin has gone down and up as I said, the difference is between $1000-3000, so for me spot trading is the best strategy at the moment.

Isn't spot trading a type or variation of trading only? So it's not something that we can considered as a strategy. In spot trading, there is rather a strategy, and that strategy can be buying at lows and selling at highs, or buying at highs and then selling at highs as well. The OP is asking, so he doesn't understand it yet and we never know that a strategy is best if we don't figure it out ourselves.

On your first example there, I think it can also be done through investing (preferably a short-term one) but in fairness the profit you have shown there is already good enough even for the short term, although it only requires us a full BTC investment/amount which may not really be accessible for an average individual. This is what they say that huge risk will also lead to huge rewards but that is still not advisable because what if it fails, right?

We will then face a huge loss too that can be unbearable for us already. It's not only in your perspective and not only limited to last few months but BTC can really have that up and down movement even at most times. Hence this is why it is called as a highly volatile crypto. Overall or like I said earlier, spot trading is I won't say the best strategy but it is the best policy for those who are still starting in trading.