What is your trading strategy?

[BruceLee007]

Let's see the LakeBTC's graceful charts, during this period when drop $2 per rise $1 

How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!

my strategy is pretty simple, based on halving, i bought as many bitcoins as i could now because their price started to rise now, so likei said, bought as many as i can to sell later for more

after halving price will be very huge so if we will sell then, we should get lots of profit, so that is my plan/strategy

[1715470200]

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[expert4knowledge]

My strategy is to hold bitcoin and do not trade them until the fluctuations increase, although it may seem risky strategy.

[luciann]

keep jumping 1 satoshi above max bid order and 1 satoshi below min ask order every 5 ms through the API.

All strategies are the same.  You buy low, sell high.  It is tough to actually do this though because you are trying to predict the future.  Predicting the future is about as good as gambling though.

Its the same, but most wont be able to execute what they want to see lol.

The whole buy low and sell high is sort of a dream in my view, since the reaction to execute the trade. Then actually seeing it back with whatever fees etc, back to your btc balance is hard in my view.

[AdamCox9]

keep jumping 1 satoshi above max bid order and 1 satoshi below min ask order every 5 ms through the API.

All strategies are the same.  You buy low, sell high.  It is tough to actually do this though because you are trying to predict the future.  Predicting the future is about as good as gambling though.

Its the same, but most wont be able to execute what they want to see lol.

The whole buy low and sell high is sort of a dream in my view, since the reaction to execute the trade. Then actually seeing it back with whatever fees etc, back to your btc balance is hard in my view.

Agreed. I always end up with unmet bids/asks once the price goes out of range and then they just sit there reserving the funds or get cancelled.

[KennyR]

My strategy is to hold bitcoin and do not trade them until the fluctuations increase, although it may seem risky strategy.

That's good, it doesn't look to be risky as entire bitcoins were in your wallet. It becomes risky when long time fluctuations lead to decrease in price rather than a increase. So you need to sell upon keen observation of price.

[BitHodler]

keep jumping 1 satoshi above max bid order and 1 satoshi below min ask order every 5 ms through the API.

All strategies are the same.  You buy low, sell high.  It is tough to actually do this though because you are trying to predict the future.  Predicting the future is about as good as gambling though.

If you buy without doing some research then it can indeed be seen as gambling. But if you do some proper research and wait with buying till the price comes down to such a level where you can safely enter the market, then it's a well thought move.

[AdamCox9]

keep jumping 1 satoshi above max bid order and 1 satoshi below min ask order every 5 ms through the API.

All strategies are the same.  You buy low, sell high.  It is tough to actually do this though because you are trying to predict the future.  Predicting the future is about as good as gambling though.

If you buy without doing some research then it can indeed be seen as gambling. But if you do some proper research and wait with buying till the price comes down to such a level where you can safely enter the market, then it's a well thought move.

I disagree. Providing liquidity for a market and hoping to make a profit from it is not gambling as what gambling is typically perceived as. However, for a philosophical perspective, a lot of things in business and everyday life are considered gambling. I'm building a trading platform that allows developers to build bots that utilize any trading strategies. Check some of the sample I've got up so far: https://github.com/AdamCox9/nickelbot/tree/master/bots

[lissandra]

Buy low - sell high. Reading out the charts with technical analysis.

Keep in mind that this isnt very simple to do.

To all new traders please look up on how to get a trade setup 1st thats comfortable to adopt then do papertrading on thinkorswim and act as if it was btc.

[adomers]

Buy low - sell high. Reading out the charts with technical analysis.

Keep in mind that this isnt very simple to do.

To all new traders please look up on how to get a trade setup 1st thats comfortable to adopt then do papertrading on thinkorswim and act as if it was btc.

buy on low, then sell it higher on another marketplace.

[safari88]

Buy low - sell high. Reading out the charts with technical analysis.

Keep in mind that this isnt very simple to do.

To all new traders please look up on how to get a trade setup 1st thats comfortable to adopt then do papertrading on thinkorswim and act as if it was btc.

buy on low, then sell it higher on another marketplace.

it is called arbitrase, this method is very good indeed. but quite a risk. when in the process of delivery to another exchanger, sometimes there is a problem of stuck, and sometimes the price of the coin there is a dump.

[Gohs]

I trade with several alt coins now, I don't have strategy for that, I'm still in some learning faze. There is a lot of coins out there, for me its interesting to buy and sell in moments I feel like I'm somewhere on wall street. Of course I trade with small amounts, I don't have knowledge for bigger investments. In this case even if I lose something I don't feel bad about it or nervous.
For now basically I see price changes and volumes in last couple weeks, then I come here check some comments about specific coin and then I buy it if I think price will rise.

Is it possible to predict when the price of altcoins will rise?

[BitcoinHodler]

I trade with several alt coins now, I don't have strategy for that, I'm still in some learning faze. There is a lot of coins out there, for me its interesting to buy and sell in moments I feel like I'm somewhere on wall street. Of course I trade with small amounts, I don't have knowledge for bigger investments. In this case even if I lose something I don't feel bad about it or nervous.
For now basically I see price changes and volumes in last couple weeks, then I come here check some comments about specific coin and then I buy it if I think price will rise.

Is it possible to predict when the price of altcoins will rise?

well, yes and no.

you don't predict you just can speculate about the price and it is not an easy task either. you have to have a lot of experience in the matter and follow the coins to find the low price and buy then and after that sell at a high price for profit. but it can be done

[KennyR]

My strategy is to hold bitcoin and do not trade them until the fluctuations increase, although it may seem risky strategy.

It doesn't look to be risky. Buying and holding for certain time period is a good option to get a high profit. Fluctuations always give profit when these fluctuations turn as a gradual rise.

[techgeek]

Buy low - sell high. Reading out the charts with technical analysis.

Keep in mind that this isnt very simple to do.

To all new traders please look up on how to get a trade setup 1st thats comfortable to adopt then do papertrading on thinkorswim and act as if it was btc.

buy on low, then sell it higher on another marketplace.

it is called arbitrase, this method is very good indeed. but quite a risk. when in the process of delivery to another exchanger, sometimes there is a problem of stuck, and sometimes the price of the coin there is a dump.

Its a simple concept.

But its very hard to execute.. unless you have friends on the other side to do this for you and they sell it back on their exchange on what you got it for.

Example: US traders are not allow to trade on certain exchanges.. due to regulators etc.

[dalemat]

I call mine dalemat's cushioning effect. LOL. it works well if some conditions are met

1. use it on very healthy coins.
2. have enough bitcoin for this purpose.


We all know cryptos are very volatile. The price can rise and fall very fast.

So, this is what i do.

let say i have 10 bitcoins i want to use for trading. i will first look for a very  healthy coin.

lets assume the price of the coin is 23,000 satoshi. i will simply use 2 bitcoin to buy first then monitor the market.
If the price increase to my taste i sell and take my profits. if not i will wait till the price falls by 11% or more(20470 sats and below). At this point i will take 3 btc from my reserve to cushion the effect. If it falls further by another 11% or more, i will use 3 btc to cushion the effect again. if it falls again by another 11% or more, i will use the remaining part of my reserve to buy again.

Find your average buying price at this point then wait and make a big haul.

Now lets do the analysis on a 11% fall in price with the initial buying price of 23,000 sats

2 btc to buy at 23,000 sats gives 8695.6522 coins

3 btc to buy when price fall by 11% 20,470 sats gives 14655.594

3 btc to buy when price fall by 11% again 18,218 sats gives 16474.46

2 btc to buy when price fall by 11% again  16,214 sats gives 12338

now calculate the average buying price with the 10 btc  will give you 19,449 sats. Any price above the average buying price is a profit for you.

lets assume that after a few days the price returns to 23, 000 sats or above  you bought initially which is very possible

this is the result  (10/0.00019449) X 0.00023 = 11.82 btc. your profit is 1.82 btc.

This is reasonable if you ask me.

[sured44]

My strategy is to hold bitcoin and do not trade them until the fluctuations increase, although it may seem risky strategy.

It doesn't look to be risky. Buying and holding for certain time period is a good option to get a high profit. Fluctuations always give profit when these fluctuations turn as a gradual rise.

trading strategy would be try not to lose your coins before pump! Just hold and wait.

[Icathia]

The best thing to trade is that you have to be for sure that you can make any profit with Bitcoin and if you can do that than you will have a good strategy in trading.
It is not that hard to make some profit with Bitcoin the most important is that you need some patience for it because the value of Bitcoin is also important.

[safari88]

Buy low - sell high. Reading out the charts with technical analysis.

Keep in mind that this isnt very simple to do.

To all new traders please look up on how to get a trade setup 1st thats comfortable to adopt then do papertrading on thinkorswim and act as if it was btc.

buy on low, then sell it higher on another marketplace.

it is called arbitrase, this method is very good indeed. but quite a risk. when in the process of delivery to another exchanger, sometimes there is a problem of stuck, and sometimes the price of the coin there is a dump.

Its a simple concept.

But its very hard to execute.. unless you have friends on the other side to do this for you and they sell it back on their exchange on what you got it for.

Example: US traders are not allow to trade on certain exchanges.. due to regulators etc.

I use the method of arbitrase to trading altcoins, so it is very easy and not too difficult. only need to monitor some of the exchangers and coin prices.

[Jasad]

i dont have trading strategy,its why last week i loss when trade etherum maybe i lost the point that when i'm try to trade altcoins i must looking for information about the price,but last week i didn't do that.

[safari88]

i dont have trading strategy,its why last week i loss when trade etherum maybe i lost the point that when i'm try to trade altcoins i must looking for information about the price,but last week i didn't do that.

if you do not have a strategy, at least you have a chat group or some friends who have the expertise to analyze and you can follow their trading. I also usually do this, when I am confused in choosing coins.