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networthsigns
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March 21, 2015, 11:39:56 AM |
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I HODL and buy when Bitcoin is "dead". Seems to work most of the time. I also attemped doing day trading, I lost alot of money from that.
This is a smart trader and this is what the best of the best do, there is a saying 'when there is blood on the streets' it is time to buy! Rothschild. I see Bitcoin in my local area for a premium and then i buy back in on the next dip i kind of do the same as you except when its 'dead' i am buying back in as i don't have much left lol Basically the old rule buy low sell high find a place you can sell high mine is cash in my local area sometimes short or margin trading is a better choice/ That is kind of shorting what i do, i sell at what i believe is a high for more than market rate because i sell them for cash in my local City and then when we get a mini dip i buy back in for cheaper. It has worked for me so far and i will continue to do it until there is no money being made by doing it but there 'should' always be opportunity's while the whales are playing. Buy low sell high the gist of it easier said than done.. |
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Tauja
Legendary
 Offline
Activity: 1176
Merit: 1000
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March 23, 2015, 05:18:16 PM |
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Hello guys, What do you think about trading strategy martiangle?
Because I want to use this strategy
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coyne1981
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March 23, 2015, 05:55:46 PM |
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Hello guys, What do you think about trading strategy martiangle?
Because I want to use this strategy
I'm curious how you would incorporate the martingale into trading. I'm assuming your talking about the martingale betting system? This is when you double your bet when you lose until you win. Then you return to a base bet. For it to work your winning return needs to be equal to your bet. How could you do that in the market? |
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deisik
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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March 23, 2015, 06:32:55 PM
Last edit: March 23, 2015, 08:03:11 PM by deisik |
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Hello guys, What do you think about trading strategy martiangle?
Because I want to use this strategy
I'm curious how you would incorporate the martingale into trading. I'm assuming your talking about the martingale betting system? This is when you double your bet when you lose until you win. Then you return to a base bet. For it to work your winning return needs to be equal to your bet. How could you do that in the market? Methinks, he is talking about what is called "averaging down" in the trading parlance. Martingale here refers to doubling (or otherwise increasing) your investment in a financial instrument or asset when its price declines significantly after the first investment has been made. This provides a lower break-even point for the open position as well as higher gains than would have been if the position was not averaged down... There is also a saying which says that you should never add to a losing position |
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fox19891989
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March 24, 2015, 03:23:34 AM |
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Hello guys, What do you think about trading strategy martiangle?
Because I want to use this strategy
Are you serious? Or I misunderstand you? martiangle betting system is used for betting, how to use in trading? I never heard it before. The simplest of martiangle is designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. The martingale strategy has been applied to roulette as well, as the probability of hitting either red or black is close to 50%. Do you mean this? It's for gamble, not trading, but indeed trading is a kind of gamble.  |
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funtotry
Sr. Member
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Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 24, 2015, 03:27:19 AM |
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Hello guys, What do you think about trading strategy martiangle?
Because I want to use this strategy
Martingale is betting, I have no idea how it could be used here. Now that I think of it, it would sort of work but it would be pretty bad. If you lose 1$ because of trading, you put in 2$ and if you lose 2$ you try again until you make money but you don't "double your money" all the time in trading so this wouldn't work. So yea martingale doesn't work unless theres a modified version for trading. |
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BTCjust
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March 24, 2015, 03:49:49 AM |
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Btc-e.com and bitfinex.com are probably most popular. Both offer short trading and also leverage if you want it. I prefer bitfinex as customer support is way better.
Bitfinex looks promising, and I will look into it later (though they don't trade doges, as I got it so far). I've heard not very good things about the Btc-e exchange (them seem to be keen on ruining their clients). Though, on the other hand, they are long enough in the trade (no pun) to just run away with money... both btc-e' and bitfinex' support are not good, compared bitstamp and lakebtc.  |
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coyne1981
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March 24, 2015, 12:03:14 PM |
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Btc-e.com and bitfinex.com are probably most popular. Both offer short trading and also leverage if you want it. I prefer bitfinex as customer support is way better.
Bitfinex looks promising, and I will look into it later (though they don't trade doges, as I got it so far). I've heard not very good things about the Btc-e exchange (them seem to be keen on ruining their clients). Though, on the other hand, they are long enough in the trade (no pun) to just run away with money... both btc-e' and bitfinex' support are not good, compared bitstamp and lakebtc. Yes, but he was asking which exchanges he can short sell at. |
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deisik
Legendary
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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March 24, 2015, 12:10:57 PM
Last edit: March 24, 2015, 12:21:11 PM by deisik |
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Btc-e.com and bitfinex.com are probably most popular. Both offer short trading and also leverage if you want it. I prefer bitfinex as customer support is way better.
Bitfinex looks promising, and I will look into it later (though they don't trade doges, as I got it so far). I've heard not very good things about the Btc-e exchange (them seem to be keen on ruining their clients). Though, on the other hand, they are long enough in the trade (no pun) to just run away with money... both btc-e' and bitfinex' support are not good, compared bitstamp and lakebtc. Yes, but he was asking which exchanges he can short sell at. No problem, really. It is always helpful to hear what other people have to say about this or that exchange. And, in fact, it was me who said that the Btc-e exchange has got a somewhat muddy reputation, so the answer is quite in tune... |
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coyne1981
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March 24, 2015, 12:18:35 PM |
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Btc-e.com and bitfinex.com are probably most popular. Both offer short trading and also leverage if you want it. I prefer bitfinex as customer support is way better.
Bitfinex looks promising, and I will look into it later (though they don't trade doges, as I got it so far). I've heard not very good things about the Btc-e exchange (them seem to be keen on ruining their clients). Though, on the other hand, they are long enough in the trade (no pun) to just run away with money... both btc-e' and bitfinex' support are not good, compared bitstamp and lakebtc. Yes, but he was asking which exchanges he can short sell at. No problem, really. It is always helpful to hear what other people say about this or that exchange. And, in fact, it was me who said that the Btc-e exchange has got a somewhat muddy reputation, so the answer is quite in tune... You know my feelings on Btc-e. I should make a bounty and see if someone can get it back. I just checked, about $180 in there. |
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eneilwe
Newbie
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Activity: 29
Merit: 0
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March 24, 2015, 03:20:20 PM |
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Buy when there is despair and all hope is lose.
Sell when everyone is buying and think bitcoin is the future.
lol .....very true. But how do we know when there is despair all round?? |
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bitboy11
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March 25, 2015, 04:52:23 PM |
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My trading strategy couldn't be any more simple... I buy when the price goes down and sell when the price goes up.
I always keep extra fiat in case of a sudden plunge in price even when I have orders pending.
I trade my bitcoins for a modest profit. I also keep some extra bitcoins in case the prices skyrocket.
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remnokc
Newbie
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Activity: 44
Merit: 0
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March 28, 2015, 11:39:12 PM |
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--Dollar-Cost Averaging-- weekly (weakly?) I purchase/add a set USD amount to my coin portfolio.
--I have BTC, and USD and two other AltCoins, and monthly I re-balance all 4 of them to where they are of equal value.
Wish there was a program that could do this automatically for me like my mutual funds in my 401k. But for now I do this by the 'chicken-scratch' method. (a multi-wallet helps)
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Dotakels
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March 29, 2015, 07:42:02 AM |
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My trading strategy. Keeping my profit stay and not low and also i think if my trading partner is outweigh me or not.
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H.W.Z
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March 29, 2015, 08:13:11 AM |
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Buy when there is despair and all hope is lose.
Sell when everyone is buying and think bitcoin is the future.
lol .....very true. But how do we know when there is despair all round?? We can know it when the price is declining a lot to the historical low, which can be based on the day time frame, or month time frame. |
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Btcvilla
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March 29, 2015, 05:16:32 PM |
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My trading strategy couldn't be any more simple... I buy when the price goes down and sell when the price goes up.
I always keep extra fiat in case of a sudden plunge in price even when I have orders pending.
I trade my bitcoins for a modest profit. I also keep some extra bitcoins in case the prices skyrocket.
Buy when Bitcoin is "dead". Sell when Bitcoin is amazing and the answer to everything. |
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funtotry
Sr. Member
Offline
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 30, 2015, 02:20:56 AM |
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Damn we hit a fall of 10% over the last week. I will still be holding on obviously, I will never panic sell, ESPECIALLY this low. If anything I will buy more if it keeps falling, price is very cheap and I could probably scoop up some super cheap bitcoins if the price goes up again.
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bounst
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March 31, 2015, 03:35:32 AM |
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Damn we hit a fall of 10% over the last week. I will still be holding on obviously, I will never panic sell, ESPECIALLY this low. If anything I will buy more if it keeps falling, price is very cheap and I could probably scoop up some super cheap bitcoins if the price goes up again.
if, but the fact is that the price continue to fall, endless. i guess it would touch $200 at recent/ |
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H.W.Z
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March 31, 2015, 09:09:31 AM |
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Damn we hit a fall of 10% over the last week. I will still be holding on obviously, I will never panic sell, ESPECIALLY this low. If anything I will buy more if it keeps falling, price is very cheap and I could probably scoop up some super cheap bitcoins if the price goes up again.
if, but the fact is that the price continue to fall, endless. i guess it would touch $200 at recent/ Trading is psychological game. The strategy is simple buying when ppl is panic selling when ppl is fear. Do you ask this question to yourself? The price continue to fall, can you still have some reasons to buy more calmly? |
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deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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March 31, 2015, 09:22:06 AM |
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Buy when Bitcoin is "dead".
Sell when Bitcoin is amazing and the answer to everything.
Trading is psychological game. The strategy is simple buying when ppl is panic selling when ppl is fear. Do you ask this question to yourself? The price continue to fall, can you still have some reasons to buy more calmly?
Buying into a market when it's spiraling downwards like mad (panic selling) can be quite dangerous, since the risks run extremely high. And you may end up with your account wiped away pretty fast if you cannot resist the temptation to start adding to a losing position once the prices continue to decline... |
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