What is your trading strategy?

[Mumbeeptind1963]

Buy the trending coins. Like ethereum,dogcoin and deur. But now i dont know if it is trend right now.
Buy at low price, sell it high price. And be wise

[1714710637]

1714710637

[futurebit640]

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.

Yes before doing trading we must know about market. what price is going on in market and what price we have to buy means we will make profit everthing then we start trading means we will make some profit here but in altcoin we may expect huge profit as well as big loss also so before doing trading think and do.

[conandobtc]

The best trading strategy is to use leverage conservatively and ONLY trade when the market is moving so no trading when the market drifts. Reason for this is drifting markets will kill you with sideways, spreads, and/or leverage financing fees.

It's kind of like poker you wouldn't play every hand you get, you fold a lot (admitting your losses and closing before they get too big). Each market you trade is like a different poker table, you're not gonna play all hands on all tables or you're gonna lose, you want to play hands that will have the highest probability of winning, aka only play the highest probability setups/patterns that form in the market.

Trading crypto is almost the same as trading any other penny stock in particular contrarian strategies work well to short against exuberant buying and buy against capitulated selling.

[sidrab14]

The best trading strategy is to use leverage conservatively and ONLY trade when the market is moving so no trading when the market drifts. Reason for this is drifting markets will kill you with sideways, spreads, and/or leverage financing fees.

It's kind of like poker you wouldn't play every hand you get, you fold a lot (admitting your losses and closing before they get too big). Each market you trade is like a different poker table, you're not gonna play all hands on all tables or you're gonna lose, you want to play hands that will have the highest probability of winning, aka only play the highest probability setups/patterns that form in the market.

Trading crypto is almost the same as trading any other penny stock in particular contrarian strategies work well to short against exuberant buying and buy against capitulated selling.

To trade you must have a good tactic. And that is dont trade if you are losing money, that is not good. But you must trade if it has a good value and if you can make some profit.

[Bitinity]

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.

So you only trading when your friend is trading? How if they stop trading, would you stop as well?
From your group of friends, I think you should learn what they analyze to choose which coin is good to trade instead of just follow what they choose.

[pooya87]

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.

a friend is a lot different with a chat group or in other words pump and dump groups. it is a terrible idea to join any of these pumping groups because they are all scammers and their only purpose is to find some gullible people to fool into buying their sell orders.

[Adrayrd]

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.

To have a good strategy you must be patience otherwise you are going to lose money fast and that is bad, so you need first not to make any profit.
And just build it up later so you can also make more money later in the future when you have more skill.

[adomers]

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.

To have a good strategy you must be patience otherwise you are going to lose money fast and that is bad, so you need first not to make any profit.
And just build it up later so you can also make more money later in the future when you have more skill.

I would definitely do the same which is buy bitcoin when the price is very low and cheap then after wait for the desired amount or high value of bitcoin then you will be able to sell for your preferred amount. This is for me a good strategy

[InsideBjorn]

The best strategy is that you have to make some profit with it and than you have to be also for sure that you can earn some profit with it otherwise than it can be wasted money.
The only thing is that you never will know it from before what is going to happen with the value.

[Bitcoinbee]

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!

other than buying at a low price and selling at its highest peak you have to make sure that when you buy btc its from a trusted and legit trader otherwise whose gonna release first?  if its a trusted trader you can pay the amount and the trader will send your btc.  one way of it is opposite you send the payment or the btc and after confirmation its only when they send the payment or btc.  in this business you have to know the trusted ones and the legitimate traders from the scammers. 

[Nimbulan]

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!

i usually buy bit bitcoin when their price is small and i wait for even a tiny price rise and then i sell my bitcoins, i do this with every currency and when i think that price is good, i buy/sell them

and if i see that when i bought price started to fall, i don't panic and i don't sell them,  i just keep coins in my wallet and wait for price rise, so this is my trading strategy

[DashCoinDark]

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.

The best trading strategy that you can have is that you have to buy low as possible so the chance to make profit will be also much higher for you and that is perfect.
And you must also make money with it and dont lose money with it otherwise that will be sin for you.

[moviebuff777]

I mostly put in orders for a lot of small sells for spikes in price.  Then I put in orders to buy on the dips.  This helps me avoid impulse buying and selling.

[SebastianJu]

I mostly put in orders for a lot of small sells for spikes in price.  Then I put in orders to buy on the dips.  This helps me avoid impulse buying and selling.

What do you make on a crash? Being bankrupt? I think alot of traders already had this idea and... well it does not work out at the end. It might work some time but it only needs one time to break everything.

[deisik]

I mostly put in orders for a lot of small sells for spikes in price.  Then I put in orders to buy on the dips.  This helps me avoid impulse buying and selling.

This strategy is called averaging up and down. If you correctly determine the price range, this strategy would work just fine. If you fail, you will either suffer losses when the price falls below the lower limit of the price range or lose profits when the price breaks through its upper limit...

So it all depends on how good you are at finding the right price range

[mindrust]

When i see a big bloody red bar, i usually buy. Because that big red bar is usually followed by big green one. The opposite is also very doable. When i see a good pump, it is usually followed by a nice dump.

[jjc326]

I usually trade altcoin, and my strategies start when I see the new coin in [ANN] that will enter exchangers, and then when I'm ready to buy the coin I try to get the lowest possible price and wait until the price is really high, or invest buying coin-based ICO.

[BitHodler]

When i see a big bloody red bar, i usually buy. Because that big red bar is usually followed by big green one. The opposite is also very doable. When i see a good pump, it is usually followed by a nice dump.

Yes, but in some cases the price keeps dropping after a red candle and another red candle.

It doesn't always work in your favor unless you have enough funds to buy till the bottom of that day.

[ronaldo40]

I usually trade altcoin, and my strategies start when I see the new coin in [ANN] that will enter exchangers, and then when I'm ready to buy the coin I try to get the lowest possible price and wait until the price is really high, or invest buying coin-based ICO.

a good strategy, I also do the same. but when investing coin-based ICO we must be careful, because not a few of them do scammer.
but if it is not a scam, we will gain high profits, I can usually get 2-fold profit of initial capital investment.

[Cyaren]

Buy low, sell high. Only bet on guaranteed bets. Only trade on legit sites.

There used to be a really big arbitrage opportunity with BTC-e prices really off compared to other exchanges. Now there is no more loophole like that. Regularly, at least