What is your trading strategy?

[funtotry]

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?

Yea I have to will myself not to do things out of panic. If the price keeps falling or rising I have to ignore it, because if I think about it too much I will end up doing something stupid like selling or buying it all.

[googs84]

Lower leverage.... Trade don't gamble

[Undermood]

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...

We can implement trend following strategy. When price decline further, under the price we paid with. We know there was a bad chance the price would decline further. Then we stopped buying.  But until the price pick up again, we start buying more. Until the price reaches to our target, then we cash out and get profit. 

[Btcvilla]

Lower leverage.... Trade don't gamble

I agree.

I also hate when someone ask a good thing to put their btc into, people tell them to gamble, which is stupid..

[notalin]

You can buy Bitcoin at low prices and sell it at higher prices. but sometime it's not as simple as what we think

[Dotakels]

You can buy Bitcoin at low prices and sell it at higher prices. but sometime it's not as simple as what we think

This is the best way to have a profits, but if you abused this way of trading tgis is not fair you are outweigh your trader.

[Bejkn]

Lower leverage.... Trade don't gamble

I agree.

I also hate when someone ask a good thing to put their btc into, people tell them to gamble, which is stupid..

gambling is leverage trading, not bitcoin itself/

[SebastianJu]

Lower leverage.... Trade don't gamble

I agree.

I also hate when someone ask a good thing to put their btc into, people tell them to gamble, which is stupid..

gambling is leverage trading, not bitcoin itself/

Saying that gambling is leverage trading let it sound like you could predict anything there so that you can get an advantage. Though thats not correct for all those dicegames. With real trading you can predict in some way. So no, i would not say that gambling is something like trading. You dont even have a lever.

[dulldog]

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

[coyne1981]

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

Are you trying to stay exclusively with trading? Or just want to invest BTC in something that has a good chance of being profitable?

[H.W.Z]

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

Are you trying to stay exclusively with trading? Or just want to invest BTC in something that has a good chance of being profitable?

Probably you can invest in https://www.jua.com/, which claims "Your Coin Deposit In JUA Will Gain Interest Continuously." Or you can invest in the BTC ETF.

[deisik]

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

What is your criterion for telling between cool and... well, not so cool traders? Are you impying that you would want to give your money into trust management operated by some "cool btc trader" out there?

[hua_hui]

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

What is your criterion for telling between cool and... well, not so cool traders? Are you impying that you would want to give your money into trust management operated by some "cool btc trader" out there?

if you are not good at trading, giving money to professionals is a good idea! But remember only invest what you can afford to lose. It still carries some extent of risk!

[gkv9]

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

[Jamacn]

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

really?
I would be interested to know how much you earn? just give a rough 

[gkv9]

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

really?
I would be interested to know how much you earn? just give a rough  

I don't bet a lot as I am a disciplined trader, at least that's what I think for myself as I have some rules set...
I am sorry I don't want to figure it out publicly and I hope you understand...

1. Wait for the Breakout.
2. Wait for another 2-3 candles to confirm.
3. Jump in (here comes the important part, don't bet more than 10% of your total capital, I mean your trade should not cross higher margin levels).
4. Set TP and SL (I never do that as I am too lazy and I don't have much interest in putting it, but would advice it to anyone who wants to trade).
5. If manual and if BTC crosses $5 - $10 margin, it's more than enough for me to get out of the trade instead of waiting for some big spikes/falls.
6. After 5th step happens, close the trade.
7. Start over.

[grandFX]

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

Same with me, I dont use TP or SL, Just use vipot indicator to see support and resistent and wait for 3 candles (triangle strategy) to open posisiton.

[gkv9]

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

Same with me, I dont use TP or SL, Just use Pivot indicator to see support and resistent and wait for 3 candles (triangle strategy) to open posisiton.

FTFY...
I also use MACD and Volumes, but mainly I don't trade using any indicators as these trend lines only give me awesome opportunities to trade...

[Bejkn]

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 feel very sad again when see the screenshot
just less than half a year ago the bitcoin price is double than now, but i bought half a bag bitcoin that time.

[grandFX]

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

Same with me, I dont use TP or SL, Just use Pivot indicator to see support and resistent and wait for 3 candles (triangle strategy) to open posisiton.

FTFY...
I also use MACD and Volumes, but mainly I don't trade using any indicators as these trend lines only give me awesome opportunities to trade...

yes, i think trend lines very nice to see market uptrend or downtrend
but i never use it. i just using Vipot, RSI and MA for analysis.