What is your trading strategy?

[scryptasicminer]

any body here using martiangle strategy to trading bitcoin or altcoin?
how about this trading. profitabel or not?

thanks for help me.

You mean MARTINGALE? i think it is not a trading strategy. That is a system that use in betting games. Your winning success here only 20-30%.

Don't go nitpicking, he obviously meant averaging down

Regarding the question itself, unless you know what's what, which means that you know exactly when the price will revert (but then you wouldn't average down in the first place), you most certainly are bound to fail and lose a lot of money in the end...

Pretty much same as martingale. Over the long run, anyone who use this strategy will lose.

[deisik]

any body here using martiangle strategy to trading bitcoin or altcoin?
how about this trading. profitabel or not?

thanks for help me.

You mean MARTINGALE? i think it is not a trading strategy. That is a system that use in betting games. Your winning success here only 20-30%.

Don't go nitpicking, he obviously meant averaging down

Regarding the question itself, unless you know what's what, which means that you know exactly when the price will revert (but then you wouldn't average down in the first place), you most certainly are bound to fail and lose a lot of money in the end...

Pretty much same as martingale. Over the long run, anyone who use this strategy will lose.

This greatly depends on the market though. In the cryptocoin world averaging down is indeed not far from martingale in respect to its long-term devastating effect on deposit. But in stable markets where price cannot drop below some minimal level (at least for long time without negatively hitting the supply side), it is a viable option. Though even in the latter case you should be very careful in choosing your entry points when the market is against you, i.e. when averaging down...

[Cinnob0n]

Simple. When the price goes up sell you bitcoins. and when it goes down buy some bitcoins! 

[BTCevo]

Simple. When the price goes up sell you bitcoins. and when it goes down buy some bitcoins! 

Its not easy as that. At first I have just a same thought as you but after I do some time of trading now I know that is not that simple to do trading. The time of buying and selling need some guide or you will just end up not getting any profit or losing all of your bitcoin

[Dotakels]

Simple. When the price goes up sell you bitcoins. and when it goes down buy some bitcoins! 

Its not easy as that. At first I have just a same thought as you but after I do some time of trading now I know that is not that simple to do trading. The time of buying and selling need some guide or you will just end up not getting any profit or losing all of your bitcoin

Yeah you think its simple but if you do now. I promise you that no one buy will buy it because they know that theres a less price than yours , they will buy it if theres no selling that are less than to your price.

[umaOuma]

My trading strategy would be buy when the value of bitcoin is less and buy in bulk watever possible from my end i would rather invest everything if the prices are down and be patient and when the prices goes high would sell part of bitcoins and keep rest of it with me and again would wait to for prices to go down.

[grandFX]

Simple. When the price goes up sell you bitcoins. and when it goes down buy some bitcoins! 

so simple to trading, just buy and sell. but not easy to get profit for your trading.
because we dont know about market or you know when the price up or down?

[CryptoTrout]

lately i just trade against the majority, its too choppy to rely on TA IMO

[Dotakels]

Simple. When the price goes up sell you bitcoins. and when it goes down buy some bitcoins! 

so simple to trading, just buy and sell. but not easy to get profit for your trading.
because we dont know about market or you know when the price up or down?

Thats right it just simple to say that "it is easy to trade buy low sell high" but in reality example you buy a cellphone that worth $120 and you want to sell it for $130 it is so hard to sell it with having a profit $10 . It so hard to do that.

[caspion1234]

waiting for the wave to start, then i buy or sell depend on trend

[Undermood]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

[Dotakels]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

Observe first the trends and if you see that the trends is good. now you can invest your money any value you want.

[BTCevo]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

Observe first the trends and if you see that the trends is good. now you can invest your money any value you want.

Its not that simple. If youe really know the first trend, bitcoin is too volatile and you need to play it fast if not you will lose some profit. Like for example the trend is going up and you are buying and wait it till its highest then suddenly drop instantly and you still hope it will raise again. That will make you lose a lot from it

[Dotakels]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

Observe first the trends and if you see that the trends is good. now you can invest your money any value you want.

Its not that simple. If youe really know the first trend, bitcoin is too volatile and you need to play it fast if not you will lose some profit. Like for example the trend is going up and you are buying and wait it till its highest then suddenly drop instantly and you still hope it will raise again. That will make you lose a lot from it

Yeah its not simple if you are beginner in cryptocurrency buy if you are veteran and you know what will happened to the trend for sure you wouldnt loss any bitcoin. In beginner you would have a trial and error so that you can predict when the trends going up or going down.

[BTCevo]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

Observe first the trends and if you see that the trends is good. now you can invest your money any value you want.

Its not that simple. If youe really know the first trend, bitcoin is too volatile and you need to play it fast if not you will lose some profit. Like for example the trend is going up and you are buying and wait it till its highest then suddenly drop instantly and you still hope it will raise again. That will make you lose a lot from it

Yeah its not simple if you are beginner in cryptocurrency buy if you are veteran and you know what will happened to the trend for sure you wouldnt loss any bitcoin. In beginner you would have a trial and error so that you can predict when the trends going up or going down.

I guess that trial and error is for the veteran not in beginner using because that is still hard to predict even tough you already calculate well but you still have a chance to miss it again. And for the veteran i guess they already know how to calculate it well

[Dotakels]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

Observe first the trends and if you see that the trends is good. now you can invest your money any value you want.

Its not that simple. If youe really know the first trend, bitcoin is too volatile and you need to play it fast if not you will lose some profit. Like for example the trend is going up and you are buying and wait it till its highest then suddenly drop instantly and you still hope it will raise again. That will make you lose a lot from it

Yeah its not simple if you are beginner in cryptocurrency buy if you are veteran and you know what will happened to the trend for sure you wouldnt loss any bitcoin. In beginner you would have a trial and error so that you can predict when the trends going up or going down.

I guess that trial and error is for the veteran not in beginner using because that is still hard to predict even tough you already calculate well but you still have a chance to miss it again. And for the veteran i guess they already know how to calculate it well

But all of we or all of the buyers of bitcoin used a trial and error because you wont perfect it if you didn't failed. But i think veterans tooks 1-2 years to master how to calculate trends. It takes time

[BTC786]

Simple strategy. Buy when the price is low and wait until your desired price comes. Then you know what to do. Sell it.

[deisik]

I guess that trial and error is for the veteran not in beginner using because that is still hard to predict even tough you already calculate well but you still have a chance to miss it again. And for the veteran i guess they already know how to calculate it well

But all of we or all of the buyers of bitcoin used a trial and error because you wont perfect it if you didn't failed. But i think veterans tooks 1-2 years to master how to calculate trends. It takes time

In the cryptocoin world it is not about calculating trends. It is about waiting until some big fish decides to pump one or another coin and about jumping on the bandwagon (and off) at the right moment...

Just don't get delusional

[SebastianJu]

waiting for the wave to start, then i buy or sell depend on trend

For the newbie you always should be careful with your trading. No one knows when the trend ends. You may be left at the peak and not get out quickly. Don't invest too much at the beginning.

Observe first the trends and if you see that the trends is good. now you can invest your money any value you want.

Its not that simple. If youe really know the first trend, bitcoin is too volatile and you need to play it fast if not you will lose some profit. Like for example the trend is going up and you are buying and wait it till its highest then suddenly drop instantly and you still hope it will raise again. That will make you lose a lot from it

Yeah its not simple if you are beginner in cryptocurrency buy if you are veteran and you know what will happened to the trend for sure you wouldnt loss any bitcoin. In beginner you would have a trial and error so that you can predict when the trends going up or going down.

Do you trade intraday or on longer timeframes? I would like to know how often you trade and what chart time resolution you use. Because its really not seldom for me that i think the trend is clear but it breaks.

[BTCevo]

I guess that trial and error is for the veteran not in beginner using because that is still hard to predict even tough you already calculate well but you still have a chance to miss it again. And for the veteran i guess they already know how to calculate it well

But all of we or all of the buyers of bitcoin used a trial and error because you wont perfect it if you didn't failed. But i think veterans tooks 1-2 years to master how to calculate trends. It takes time

In the cryptocoin world it is not about calculating trends. It is about waiting until some big fish decides to pump one or another coin and jumping on the bandwagon (and off) at the right moment...

Just don't get delusional

But if you just wait for the big fish to do that. You are not making any progress, how about if they do nothing? We are just sitting like that and didnt get any profit? I dont want it to be like that, if everytime we can get profit why we dont do that? Why we are just waiting for them to pump it? We can try it other way right?