What is your trading strategy?

[Araudan]

I think trading the bitcoin is difficult because the money is very volatile. I like scalping the DAX or CAC40  

[naidray]

I think trading the bitcoin is difficult because the money is very volatile. I like scalping the DAX or CAC40  

But trading bitcoins with practical strategies gives me ease of working in my trading. To stop my loss, I just hold my coins and wait till I get atleast 5% profit. I never sell my coins for a loss and don't mind taking this risk as bitcoins has always only been profitable for me  and I've never had to lose. If in case the price drops, I trade them for other payment methods like OKPay, Payza and earn back my losses.

[bitcoinboy12]

For me, I let the price to continue to move in my favor. If the price is already up by $10, I put in a sell order some $5 below the current price to give it a chance to go up further. If it continues to go down, it will hit my sell order but I still earned $5 on that trade.

[jt byte]

When the market is turbulent i place buy orders on market price and add 5% above that sell orders.
This for a follow up with 3 orders.

At the same time i make sure to cover potential loss with stop loss orders a little below the buy price.

[Coaxme]

Buy Low Sell High

[madonnino]

in theese day seems that sell at about 400 an rebuy at 388-390 can make you a nice gain!!! Some whales are making money over here

[Patusinmod]

Buy Low Sell High

This is all we wish. But unfortunately, we do not know the timing for buying or selling. Otherwise all of us will be rich.

[DuddlyDoRight]

Oh god auto-pilot trading strategy thread. You can't even use drop-averages for BTC how will you do anything else?

As someone who has actually wrote auto-trading software all I can tell you is pick a point-drop for buying and hope the bounce doesn't take months or years and you have enough invested for it to be worth the time. You need a $37.00 above-investment value to make just $1,000.00 off $10,000.00 if you buy at, for example, $370.00...

[SebastianJu]

Bitcoin will rise, and best strategy is investing in bitcoin and bitcoin related things,
 domens, youtube videos about bitcoin can bring you lot of money..

How? Can you manage to get so many views that google offers you a contract to get paid for views? Or do you put the videos on your own website that earns from advertising?

[SebastianJu]

I think trading the bitcoin is difficult because the money is very volatile. I like scalping the DAX or CAC40  

I think so too when it comes to technical analysis. Bitcoin doesn't care so much about indicator like forex for example. Though there are others that say bitcoin is easier to trade. They probably look at other things. Dunno.

[Paracelsus]

Good strategy would be to listen if everyone talking about buying, sell it and opposite!

[SebastianJu]

Good strategy would be to listen if everyone talking about buying, sell it and opposite!

I think that think those people too that spam the trading subforums with posts like "Bitcoin is doomed" and such. Trying to push the price in the direction they prefer. Doesn't work i think.

And i think it depends who you hear speaking. When the masses start to think it's time to buy then it's likely that it's time to sell actually. The masses lose mostly.

[richardsNY]

I just buy Bitcoin with around 60% of the fiat that I have. The other 40% will be used when the price is dropping further. I just want to make sure that my average buying price stays low so my overal profit will be high when the price goes up.

[lumeire]

Good strategy would be to listen if everyone talking about buying, sell it and opposite!

Well that doesn't work all the time IMO. What's better is you do not trade all your coins at one instant, leave like 10% in the wallet like what you do in gambling.

[densuj]

my trading strategy is using system trading or trading plan. And i have made system trading by my self. It give me profit as consistent. If you wanna profit consistent you must make system trading by your self. That is just my experience.

[Newcoins2020]

my trading strategy is using system trading or trading plan. And i have made system trading by my self. It give me profit as consistent. If you wanna profit consistent you must make system trading by your self. That is just my experience.

Intresting. Can you elaborate a little more about your trading system?
Do you use a bot who makes all your orders or is their some document based strategy?

Very interested to test this method out.

[densuj]

my trading strategy is using system trading or trading plan. And i have made system trading by my self. It give me profit as consistent. If you wanna profit consistent you must make system trading by your self. That is just my experience.

Intresting. Can you elaborate a little more about your trading system?
Do you use a bot who makes all your orders or is their some document based strategy?

Very interested to test this method out.

Basiccaly system trading is the way of trading who can give us profit as consistent. Not important you use bot or not, the most important is profit consistent, you must make systen trading who most suitable, comfortable for you.

[pooya87]

the best strategy these days is day-trading. since the price is going up and down so much you can watch the market with alerts and stuff like that and but at the lowest price possible and sell after a while that price went back up again.

[arbitrage]

Best trading strategy would be try not to lose your coins before pump!
Just hold and wait. I don't know what else smart can you do at this moment?

[greBit]

Best trading strategy would be try not to lose your coins before pump!
Just hold and wait. I don't know what else smart can you do at this moment?

It can be vice versa it's buying more Bitcoin when the price drops down and holding onto it until the price goes high