What is your trading strategy?

[avw1982]

buying altcoin when bitcoin price pumped
usually the altcoin price will be down during bitcoin price up

That's great. I use to buy bitcoins when the price goes low and
I use to sell bitcoins whenever it's going for high rates in the market. Nowadays I just saving and waiting for the halving

[kheein]

I just buy the lowest price and sell high prices . and it takes patience , do not be hasty in trading. just be patient and enjoy the profits.

[SebastianJu]

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up

If you know what to do then it is not the same as gambling. It is betting on something but you have a higher chance to win than to lose over time. The opposite to gambling at a casino where you are at a disadvantage.

Though it takes a long time until one can predict the price movements good enough to raise the chance to predict the price movement correctly. In general the bigger timeframes are easier to predict.

[fernswift]

A mixture of my own poor technical analysis, tight stops so I never get rekt, and forming a consensus around the current sentiment of a group of 5-10 traders who I respect. Overall I'm down from trading alts a while ago, but that was a valuable lesson and I'm better off now.

[Joson845]

The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business.

[traderbit]

My trading strategy is first reading about the coin that i want to trade, reading articles what is happening, is there any investment, anything new etc. Then i see the price in many exchanges compare each other and start trading with a low amount.

[MikroTik]

My trading strategy is first reading about the coin that i want to trade, reading articles what is happening, is there any investment, anything new etc. Then i see the price in many exchanges compare each other and start trading with a low amount.

That is very good advice thaks a lot man, but one more question, are you using twitter and tweets about coins.

[traderbit]

My trading strategy is first reading about the coin that i want to trade, reading articles what is happening, is there any investment, anything new etc. Then i see the price in many exchanges compare each other and start trading with a low amount.

That is very good advice thaks a lot man, but one more question, are you using twitter and tweets about coins.

You are welcome, well reading about a specific coins includes the social media including twitter, so yes i use and twitter to search/read.

[richardsNY]

I just buy the lowest price and sell high prices . and it takes patience , do not be hasty in trading. just be patient and enjoy the profits.

Chasing quick profits is never a good idea as these people mostly end up making big losses due to their impatient trading method. Only big players as market movers are in the position to make these quick profits. They are basically ruling the market.

[rubygon]

Day trading bitcoins is not possible most of the days. However, if you read the charts quite well, you can predict the rise and fall of the bitcoin price much earlier  than that they happen. You can plan well for the day trading stragies when you have predicted the price range. Bitcoin is a high volatile instrument in trading scenario.

[allysa]

My trading strategy couldn't be any more simple... I buy when the price goes down and sell when the price goes up.
 I trade my bitcoins for a modest profit. I also keep some extra bitcoins in case the prices skyrocket.

[HarHarHar9965]

My trading strategy is first reading about the coin that i want to trade, reading articles what is happening, is there any investment, anything new etc. Then i see the price in many exchanges compare each other and start trading with a low amount.

these all things are fine, main problem is without trust we may get scam by anyone. for that we find the better escrow system and proper proof between you and trader is needed.kick the scammers when you are doing the trade.

[adam48]

My trading strategy couldn't be any more simple... I buy when the price goes down and sell when the price goes up.
 I trade my bitcoins for a modest profit. I also keep some extra bitcoins in case the prices skyrocket.

but sometimes we do not know when the right time to buy when the price drops. like today I buy bitcoin when the price drops to $485. but it increasingly bitcoin prices fell below $465

[SebastianJu]

The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business.

This sounds like an automated answer though you only have one post. Dunno.

Anyway, the good thing you have at forex trading is that the volume is so insanely high, compared to bitcoin, that the price developes way more following technical analysis rules. That is a good thing for sure. So if someone wants to learn trading then you might start with forex, when you want to go the TA-Route.

[calkob]

Buy when there is despair and all hope is lose.

Sell when everyone is buying and think bitcoin is the future.

Makes real sense, and happens often in bitcoin.......

[andycarrol]

I have a friend who knows when the coin will go down in the dumps and when the coin will rise. as long as I follow her strategy, I always make a profit. but this is still complicated for me to learn, they perform fairly complex calculations in my opinion. and if we are wrong in our calculations will be late buy order when coins are already in the dump.

[MaritiJames3]

I have a friend who knows when the coin will go down in the dumps and when the coin will rise. as long as I follow her strategy, I always make a profit. but this is still complicated for me to learn, they perform fairly complex calculations in my opinion. and if we are wrong in our calculations will be late buy order when coins are already in the dump.

Yeah pump & dump groups change their strategies very often.

If you are looking for a solid strategy, try reading the markets, by analyzing charts and see patterns evolve.
That's the only way to trade and make profit.

[yohanip]

remain the same: buy down sell up

The problem with "buy low sell high" is that after you sell high, Bitcoin often keeps going up and up and up, while you're stuck in fiat.  And sometimes after you buy low, it keeps crashing.

When you are doing a margin trading, then yes, this will become a very big problem as your position might get liquidated, but if you are trading normally, not using any 'leverage' then you should be fine.. accept your loss and then trade for another day

[bitmarket.net]

That is usually a major challenge, whatever you trade, bitcoins, stock or commodities.

Correctly calling a market bottom can be very profitable, although can also be very risky, if you are mistaken.
Therefore it is important to have a stop-loss.

There's a saying: "a trend is your friend".

[Xiaoxiao]

Does anyone know a reliable Bitcoin debit card?