randy8777
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Activity: 896
Merit: 1000
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September 26, 2015, 04:23:09 AM |
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The best strategy is to research about the coin that you want to invest in.
And join groups that are traders and maybe they are preparing any pump and dumps and you can loose or win.
most people that are "joining" pump and dump groups are getting heavily laughed at by these groups. that isn't investing. that's purely gambling if you buy shitty coins hoping it will get a huge pump.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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September 26, 2015, 06:21:37 AM |
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The best strategy is to research about the coin that you want to invest in.
And join groups that are traders and maybe they are preparing any pump and dumps and you can loose or win.
most people that are "joining" pump and dump groups are getting heavily laughed at by these groups. that isn't investing. that's purely gambling if you buy shitty coins hoping it will get a huge pump. not if you are part of the group itself, maybe he was meaning that with "joining" and not waiting for the pump to take profit and anyway unless you're a professional trader with a very good bot, you can't do shit anymore
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edric
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September 26, 2015, 11:32:52 AM |
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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 watch different exchanges and watch which ones seem to move first. I take indications from those and trade on the lagging ones. I also use BTC denominated loans to control my exchange rate risk and sometimes borrow money for free on a fiat basis.
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Mickeyb
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September 26, 2015, 11:49:39 AM |
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The best strategy is to research about the coin that you want to invest in.
Unfortunately, you can't even do this today. This freaking crypto depression has destroyed everything. Even the coins that you do research and that look promising are losing the value and tanking without no obvious reason. Look at Dash, Monero, NXT and the other promising coins. They have all dropped enormously in value the last 6+ months.
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lorylore
Legendary
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Activity: 1470
Merit: 1002
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September 26, 2015, 03:23:12 PM |
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The best strategy is to research about the coin that you want to invest in.
Unfortunately, you can't even do this today. This freaking crypto depression has destroyed everything. Even the coins that you do research and that look promising are losing the value and tanking without no obvious reason. Look at Dash, Monero, NXT and the other promising coins. They have all dropped enormously in value the last 6+ months. The more time that you invest to research about the coin that you are interested to invest the more you know and you are prepared to invest and you know if it worth or not. Because many things can happen, like developing anything new feature for the coin that probably will make the coin to be used more by people and the price normally will increase and you can profit.
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Linuld
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September 27, 2015, 12:14:15 AM |
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The best strategy is to research about the coin that you want to invest in.
Unfortunately, you can't even do this today. This freaking crypto depression has destroyed everything. Even the coins that you do research and that look promising are losing the value and tanking without no obvious reason. Look at Dash, Monero, NXT and the other promising coins. They have all dropped enormously in value the last 6+ months. I do agree with you that in trading some time or most of the time our research will not work out as per our wish. Most of the time prices go other way round only and it is based on my experience so what I think is just do what ever you can do research and do not invest every thing at one product but just diversify to reduce your risks.
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Dotakels
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September 27, 2015, 12:46:52 PM |
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The best strategy is to research about the coin that you want to invest in.
Unfortunately, you can't even do this today. This freaking crypto depression has destroyed everything. Even the coins that you do research and that look promising are losing the value and tanking without no obvious reason. Look at Dash, Monero, NXT and the other promising coins. They have all dropped enormously in value the last 6+ months. I do agree with you that in trading some time or most of the time our research will not work out as per our wish. Most of the time prices go other way round only and it is based on my experience so what I think is just do what ever you can do research and do not invest every thing at one product but just diversify to reduce your risks. That is a good idea, diversifying your money into different investment make the risk low, and also you can have a different assets and if your investment failed, the other investment can cover the lose of the other.
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MrPump
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Activity: 84
Merit: 10
follow me to make money
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September 28, 2015, 03:51:25 AM |
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im in 7 pump groups, i just let people follow.
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BayAreaCoins
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Activity: 3920
Merit: 1248
Owner at AltQuick.com & FreeBitcoins.com
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September 28, 2015, 03:54:12 AM |
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Don't chase volume because of volume.
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crairezx20
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Activity: 1638
Merit: 1046
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September 28, 2015, 09:53:31 AM |
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For me i just buy cheap on lower predict and then im waiting to high before i sell it expensive... thats my strategy you can make your own strategy or doing the same as mine.
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hendra147
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September 28, 2015, 01:29:23 PM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it
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Aemon
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September 28, 2015, 01:59:41 PM |
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So I said buy low and sell high, that is the only strategy to actually use. But how do you know when to buy or sell
Someone responded with "Every single time is the right time" I am not sure what you mean by that.
When people say "every single time is the right time" they just mean that they go for long (they are investing long term and don't care about the current price because they think that the price will be ay higher in the future). They may also mean that trading is, in a sense, time-irrelevant, that is, at any given moment, it is either time to sell or time to buy, depending on the trends and friends... Okay, so basically they are getting at something like, you know it is time to sell or buy depending on the trends, not time really?
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deisik
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Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
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September 28, 2015, 02:10:10 PM |
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So I said buy low and sell high, that is the only strategy to actually use. But how do you know when to buy or sell
Someone responded with "Every single time is the right time" I am not sure what you mean by that.
When people say "every single time is the right time" they just mean that they go for long (they are investing long term and don't care about the current price because they think that the price will be ay higher in the future). They may also mean that trading is, in a sense, time-irrelevant, that is, at any given moment, it is either time to sell or time to buy, depending on the trends and friends... Okay, so basically they are getting at something like, you know it is time to sell or buy depending on the trends, not time really? I didn't quite understand what you asked. But trend is your friend, as always
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lorylore
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Activity: 1470
Merit: 1002
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September 28, 2015, 03:01:21 PM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it I tried this strategy of trading with new alt coins to get profit at 5% - 10%. But i was impatient and i wanted immediately to see the profit so i was "forced" to sell at 0.5% - 2.5% And even with that i was really happy, one suggestion is to invest 1 BTC+ at once and the low percentage can give good money daily
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hendra147
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September 28, 2015, 03:10:44 PM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it I tried this strategy of trading with new alt coins to get profit at 5% - 10%. But i was impatient and i wanted immediately to see the profit so i was "forced" to sell at 0.5% - 2.5%And even with that i was really happy, one suggestion is to invest 1 BTC+ at once and the low percentage can give good money daily good strategy, sometimes i do it too, better to get small profit than we lose at trading anyway 3day ago I tried to make trades in huobi i can earning 0.003-0.005 perday (0.5-1%) but this day i lose 10% because i sell my bitcoin at lower price (1512CNY)
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lorylore
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Activity: 1470
Merit: 1002
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September 28, 2015, 03:13:34 PM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it I tried this strategy of trading with new alt coins to get profit at 5% - 10%. But i was impatient and i wanted immediately to see the profit so i was "forced" to sell at 0.5% - 2.5%And even with that i was really happy, one suggestion is to invest 1 BTC+ at once and the low percentage can give good money daily good strategy, sometimes i do it too, better to get small profit than we lose at trading anyway 3day ago I tried to make trades in huobi i can earning 0.003-0.005 perday (0.5-1%) but this day i lose 10% because i sell my bitcoin at lower price (1512CNY) It destroy your motivation when you loose 10%, I lost in the past 0.3 BTC in trading when doge price went really low while i was sleeping and left open orders. If you want to be a good trader consider to not sleep, or buy an exchange bot which does the job for you
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maokoto
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September 28, 2015, 04:37:29 PM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it Well, this is a good strategy at last, after reading lots and lots of just "buy low sell high" stuff. Thanks!
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roadbits
Legendary
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Activity: 1092
Merit: 1000
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September 29, 2015, 03:00:30 AM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it I tried this strategy of trading with new alt coins to get profit at 5% - 10%. But i was impatient and i wanted immediately to see the profit so i was "forced" to sell at 0.5% - 2.5%And even with that i was really happy, one suggestion is to invest 1 BTC+ at once and the low percentage can give good money daily good strategy, sometimes i do it too, better to get small profit than we lose at trading anyway 3day ago I tried to make trades in huobi i can earning 0.003-0.005 perday (0.5-1%) but this day i lose 10% because i sell my bitcoin at lower price (1512CNY) What you did is a very good move because while trading if you know when to cut your loses then you will be saved from big losses. In sometimes we can't predict prices, if your trade is going against you just exit and watch out for some time. This is common is trading and most traders will face this issue and some greedy people wait for prices to recover and may end up in big lose.
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maokoto
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October 01, 2015, 04:02:47 PM |
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My strategy at trading is get low profit (5%-10%) learn more about cryptocurrency news, buy at red line waiting good news, after pump sell it I tried this strategy of trading with new alt coins to get profit at 5% - 10%. But i was impatient and i wanted immediately to see the profit so i was "forced" to sell at 0.5% - 2.5%And even with that i was really happy, one suggestion is to invest 1 BTC+ at once and the low percentage can give good money daily good strategy, sometimes i do it too, better to get small profit than we lose at trading anyway 3day ago I tried to make trades in huobi i can earning 0.003-0.005 perday (0.5-1%) but this day i lose 10% because i sell my bitcoin at lower price (1512CNY) What you did is a very good move because while trading if you know when to cut your loses then you will be saved from big losses. In sometimes we can't predict prices, if your trade is going against you just exit and watch out for some time. This is common is trading and most traders will face this issue and some greedy people wait for prices to recover and may end up in big lose. At what percentage would you reccommend to cut loses? 5%? 10%? Depending on how crazy the market is at the time? My perception is that around 5% is good, but I am not a very smart trader.
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