What is your trading strategy?

[SebastianJu]

Best strategy is to have patience.You need to wait for a low price and sell after this with a high price.

We can hold the bitcoin Instead of buying the bitcoin and selling for high price...
Atleast we can hold the bitcoin until block halving.

Why should block halving have an effect? Even if there would be an effect then it would be a speculative one. And speculators have the setting that they will await the future. So they will adapt before. And if they await a price rush then that will happen some weeks before. Might even crash at block halving when the further rise is not happening then.

[Marc De Mesel]

You say science... trading works because of two points. First, the masses are sheeps. They act on fear and excitement. Predicting that holds value.

Second, the rules from technical analysis... who do you think follows them? Right, other traders. So they MAKE these rules true by acting accordingly. When the rules say sell and alot of traders do then guess what happens? The rules becomes true.

It looks like gambling but it is not. It is similar to poker or blackjack or sportsbetting. Knowledge brings you a slight advantage. And even when you lose and win, if you win more often then you are in profit. The best traders win way more often than they lose.

WOW, great summary!

Thanks so much 

[bitcoinhopper]

In case anyone doesn't know this already(yikes): There is no precision science to any form of investment. Even the Gordon Geckos of the world are throwing big-capital at big-volume with scary probabilities. Things are far more unpredictable with short-term trading; BTC is worse than stocks because it's fluctuation.. Big-capital mining operations are the only ones really making money.. BTC is just capital storage..

My trading strategy is to buy a coin when there were negative news and the price dropped as a result of bad news. Then holding it for a couple of days/weeks and sell at a higher price. Its all people know this. I guess unnecessarily this discussion Going futher

My strategy is to buy low and sell high. So you can make some good money in the future and that will be very good.
I hope that more people will also get money. And the most important is that they must use Bitcoin more.

You must buy low and sell high indeed that is indeed the best option. But it will not work everytime and that is not good.
I hope more people will use Bitcoin and that it will be more used, that is very good for Bitcoin.

[tommorisonwebdesign]

I don't trade Bitcoin for the sake of buying high and selling low. Right now I am using it as a currency. When I do trade, I usually have to have fiat money in order to buy something from a vendor who dosen't accept Bitcoin. Adaptation is slow, hopefully that will change.

[quickprofit.trade]

Buy low , wait then sell high. Easy as 1, 2, 3.

[richardsNY]

Buy low , wait then sell high. Easy as 1, 2, 3.

Buy low and sell high is my trading method. I am a person with a lot patience and without the desire to trade the market to benefit from ups and downs. I just buy and hold my coins for a longer period of time as my targets are the bigger profits.

[angaper]

I am trading the btc/usd as a forex pair in my preferred broker. Of course my idea is buying btc at support level (this moment 370-400), and close positions at 420-30.

[SebastianJu]

@all


What do you guys think where the bitcoin price will go to now? It seems to get less and less volatile and I think at the end it will spike or crash. And the larger timeframes look like a downtrend all. Selling time? Or can one hope on speculations regarding block halving?


angaper

I am trading the btc/usd as a forex pair in my preferred broker. Of course my idea is buying btc at support level (this moment 370-400), and close positions at 420-30.

On which timeframe do you trade? And on 1Broker? Well, I guess trading futures on okcoin could be seen as forex trading too.

Besides that I would want to know, when you found a resistance area, do you place your buy at the lower end or the upper end?


richardsNY

Buy low and sell high is my trading method.

That is no trading method. It's like you getting asked "how do you clean your car?" and you answer "I clean it and then it is clean".

You know what I mean?

[Marc De Mesel]

@all


What do you guys think where the bitcoin price will go to now? It seems to get less and less volatile and I think at the end it will spike or crash. And the larger timeframes look like a downtrend all. Selling time? Or can one hope on speculations regarding block halving?

Love that question.

I think fundamentals of bitcoin are very good. It has enormous brand name, many people know about it that have not started using it. But they will come as the price goes up and support that higher price.

Bitcoin has become a ma-mouth, slow in transactions, slow in scaling up etc, but it has the network effect and that is gold. It makes you can fuck up real good and still get growth.

I think chances for another bubble in bitcoin going to new all time highs of $5k-$10k are very high to happen in 2016.

[Marc De Mesel]

You say science... trading works because of two points. First, the masses are sheeps. They act on fear and excitement. Predicting that holds value.

Second, the rules from technical analysis... who do you think follows them? Right, other traders. So they MAKE these rules true by acting accordingly. When the rules say sell and alot of traders do then guess what happens? The rules becomes true.

It looks like gambling but it is not. It is similar to poker or blackjack or sportsbetting. Knowledge brings you a slight advantage. And even when you lose and win, if you win more often then you are in profit. The best traders win way more often than they lose.

1 thing is missing here: fundamentals.

And it is the most important thing. You want to invest in something with strong fundamentals. This because if gives you much more probability of going up.


In addition you want to have your timing right. This means, don't buy when it has just gone up a lot and market is very optimistic, buy when it has gone down a lot and market is pessimistic.

And to improve upon that timing you can use technical analyses as well, only buy when trend has started to go up, and get out when trend has reversed and is going down.


If only I had followed these rules myself


Important note: fundamentals change. Stay always in touch with the truth. Try to not be influenced by the market it's optimistic or pessimistic mood but try to be objective towards your own investment. Go with the facts. Are profits or amount of users growing? Faster than competition?

[SebastianJu]

If only I had followed these rules myself

I wish I would be as cool headed all the time myself.

Well, though at the current situation I'm not sure what to think. I sat an alarm just in case it goes into the wrong direction. I think it might go up to $450 but can crash pretty far down too.

Maybe the best thing to do in an uncertain situation would be to go out of all positions until a direction establishes?

[bitcoin-hunter]

 To trade you must make some profit. That will be very good. And it must also be more used that is also very good for trading.
But you never will know what the value will be and that is the problem and also quite risky. 

[hendra147]

Im not have any strategy in bitcoin-fiat trading, just buy low sell high, when the price fail and more bad news come i will ready to buy some bitcoin, when the price rising and good news come , it's the perfect time to selling bitcoin.

[BitHodler]

Im not have any strategy in bitcoin-fiat trading, just buy low sell high, when the price fail and more bad news come i will ready to buy some bitcoin, when the price rising and good news come , it's the perfect time to selling bitcoin.

That is how all people should do their trading.

But the reality shows that a lot people buy high and sell lower.

That is the exact reason why they always complain about the price going down when they buy, and that the price goes up when they sell. Too much noobishness.

[SebastianJu]

bitcoin-hunter

To trade you must make some profit. That will be very good. And it must also be more used that is also very good for trading.
But you never will know what the value will be and that is the problem and also quite risky. 

You really should stop spamming like that. Another meaningless and offtopic post of you. You should be aware that even if your campaign manager would not ban, the moderators might at one point.


BitHodler


It's the urge to see a rising bitcoin price and to want to take part on it... at the end, mostly, when you jump on a spike... you buy at the top... that's how successfull traders earn their money... from traders like that.

[denis1995]

Hello guys I have a BIG problem with my withdraw 900$ check my thread plaese help me (((
https://bitcointalk.org/index.php?topic=1394093.0

[DuddlyDoRight]

I've never seen a thread more qualified for a locking..

[SebastianJu]

I've never seen a thread more qualified for a locking..

Why? Only because occassional offtopic posts like our two posts now?

That happens in every thread and is not avoidable as long as it is no self moderated thread.

Instead often enough it is about trading and how to do it.

Though I see the "Buy low, sell high" nonsene happening here slowly too. Clear sign of sig spammers exploiting the tread slowly. I mean it can happen occassionall but in other threads it happen way too often to make sense.

[RealPhotoshoper]

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!

stop loss is can't used in bitcoin trading,so far i never found bitcoin trading application like meta trader for forex trading,i hope sometime developers will create this for us.

[Oscoda]

I've never seen a thread more qualified for a locking..

Why? Only because occassional offtopic posts like our two posts now?

That happens in every thread and is not avoidable as long as it is no self moderated thread.

Instead often enough it is about trading and how to do it.

Though I see the "Buy low, sell high" nonsene happening here slowly too. Clear sign of sig spammers exploiting the tread slowly. I mean it can happen occassionall but in other threads it happen way too often to make sense.

The best strategy is to wait for a good price. But that also depends on how many it is used. If it is many used you can make more money.
And the most important is that the value also must rise. So can you make also a lot of money with it and that is very good.