avw1982
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May 21, 2016, 02:19:22 AM |
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I do not have a real strategy to trade, I just sometimes take the risk to trade on the right moment. The thing I mostly do is looking at the upcoming future and the price it has.
I also have the same thought, just sometimes trade when you want, I do not have a real plan but I just look at the prices and sometimes at the upcoming altcoins that are growing. When you are trading without any proper plan, then you must hold your buying for some longer period. Otherwise, making profit consistently with your trading would be very much difficult. When you're holding for some period, then the bitcoin prices would be changing significantly. But holding your altcoins would be a riskier one. Every strategy always have a risk. The problem is which strategy are we gonna use to minimalize our risk and get good payment. Because if all of them sure got risk no matter it is high risk or low risk still you have a risk to loss your bitcoin.
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syamster
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May 21, 2016, 06:40:21 AM |
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Simple strategy will work like share trading, because you can hold it until you want, so no pressure you to sell, I am using averaging strategy, when the price drop, I will buy again, when the price up I sell some of them, then wait for the drop. There is no matter which time you enter, only matter is you must have some good amount of money and trade with small percentage.
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Bitcoinbee
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www.lunarbets.eu Bitcoin*Sports*Betting
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May 21, 2016, 03:40:36 PM |
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I do not have a real strategy to trade, I just sometimes take the risk to trade on the right moment. The thing I mostly do is looking at the upcoming future and the price it has.
I also have the same thought, just sometimes trade when you want, I do not have a real plan but I just look at the prices and sometimes at the upcoming altcoins that are growing. When you are trading without any proper plan, then you must hold your buying for some longer period. Otherwise, making profit consistently with your trading would be very much difficult. When you're holding for some period, then the bitcoin prices would be changing significantly. But holding your altcoins would be a riskier one. Every strategy always have a risk. The problem is which strategy are we gonna use to minimalize our risk and get good payment. Because if all of them sure got risk no matter it is high risk or low risk still you have a risk to loss your bitcoin. trading strategy has a critical part in an investment. It is where you find your investment growing or failing. There are different strategies to consider especially in trading considering the individuals involve could be a part of the risk that you are evading. So for trading the best strategy is to have a guideline on how you trade and to whom? There are post in this forum that indicates trading done successfully you can add this to your guideline plus your own way of successful patterns then you can have a successful trading with the strategy that you can easily apply.
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deisik
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May 21, 2016, 04:16:43 PM Last edit: May 21, 2016, 09:47:06 PM by deisik |
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Simple strategy will work like share trading, because you can hold it until you want, so no pressure you to sell, I am using averaging strategy, when the price drop, I will buy again, when the price up I sell some of them, then wait for the drop. There is no matter which time you enter, only matter is you must have some good amount of money and trade with small percentage.
You can also try (if you haven't already) what is called Dollar-Cost Averaging. It is a variation of an averaging strategy where you purchase shares for a fixed amount of dollars on a regular basis (say, once a month) without looking at the price of the stock. Consequently, you end up buying more shares when they are cheap and fewer shares when they are dear (since you always spend the same amount in dollars). This way you average down the price of one share which will become lower and lower over time... And eventually you can kiss goodbye to your hated day job and live off dividends, lol
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cluit
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May 22, 2016, 07:50:12 AM |
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I do not have a real strategy to trade, I just sometimes take the risk to trade on the right moment. The thing I mostly do is looking at the upcoming future and the price it has.
I also have the same thought, just sometimes trade when you want, I do not have a real plan but I just look at the prices and sometimes at the upcoming altcoins that are growing. When you are trading without any proper plan, then you must hold your buying for some longer period. Otherwise, making profit consistently with your trading would be very much difficult. When you're holding for some period, then the bitcoin prices would be changing significantly. But holding your altcoins would be a riskier one. Exactly. Anyone can trade bitcoin without any strategy or even without any experience also. Because, in long-term definitely bitcoin trading would be profitable. Just buy and watch your profits growing.
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dsyahputera
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May 22, 2016, 08:10:42 AM |
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- snip -
When you are trading without any proper plan, then you must hold your buying for some longer period. Otherwise, making profit consistently with your trading would be very much difficult. When you're holding for some period, then the bitcoin prices would be changing significantly. But holding your altcoins would be a riskier one.
Exactly. Anyone can trade bitcoin without any strategy or even without any experience also. Because, in long-term definitely bitcoin trading would be profitable. Just buy and watch your profits growing. That is definitely an investment, isn't it? And I think trading is different from investing. Am I wrong? Also, I think also without a plan and strategies, we will get less profit than using strategies.
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JollyTrades
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May 22, 2016, 09:38:27 AM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
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secone
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May 23, 2016, 03:59:10 AM |
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Simple strategy will work like share trading, because you can hold it until you want, so no pressure you to sell, I am using averaging strategy, when the price drop, I will buy again, when the price up I sell some of them, then wait for the drop. There is no matter which time you enter, only matter is you must have some good amount of money and trade with small percentage.
are you never trying buy high sell low to can buy back at lowest rate ? i think it's better than you holding your coin for long time to get profit.
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Amph
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May 23, 2016, 06:33:04 AM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved
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upsidedown75
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May 23, 2016, 07:40:39 AM |
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I do not have a real strategy to trade, I just sometimes take the risk to trade on the right moment. The thing I mostly do is looking at the upcoming future and the price it has.
I also have the same thought, just sometimes trade when you want, I do not have a real plan but I just look at the prices and sometimes at the upcoming altcoins that are growing. When you are trading without any proper plan, then you must hold your buying for some longer period. Otherwise, making profit consistently with your trading would be very much difficult. When you're holding for some period, then the bitcoin prices would be changing significantly. But holding your altcoins would be a riskier one. As the saying goes, if you don't have a plan, plan to lose. And it seems to be even more important how are you going to deal with pending losses versus what you are going to do with expanding profits... Just sit and watch your account being wiped away is hardly a good idea In my personal experience, there are a lot of chances for any bitcoin trader to sit and watch their profits keep on growing. But this must need lot of patience because only in long-term, there would be some assured profits with bitcoin trading.
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deisik
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May 23, 2016, 11:07:23 AM |
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I do not have a real strategy to trade, I just sometimes take the risk to trade on the right moment. The thing I mostly do is looking at the upcoming future and the price it has.
I also have the same thought, just sometimes trade when you want, I do not have a real plan but I just look at the prices and sometimes at the upcoming altcoins that are growing. When you are trading without any proper plan, then you must hold your buying for some longer period. Otherwise, making profit consistently with your trading would be very much difficult. When you're holding for some period, then the bitcoin prices would be changing significantly. But holding your altcoins would be a riskier one. As the saying goes, if you don't have a plan, plan to lose. And it seems to be even more important how are you going to deal with pending losses versus what you are going to do with expanding profits... Just sit and watch your account being wiped away is hardly a good idea In my personal experience, there are a lot of chances for any bitcoin trader to sit and watch their profits keep on growing. But this must need lot of patience because only in long-term, there would be some assured profits with bitcoin trading Trading assumes earning profits through a continuous loop of buys and sells. Sometimes you'd better stay away from trading altogether (for example, to watch your profits grow, lol), but this doesn't undermine the whole idea of trading... Buy, sell, rinse, repeat (in a smart way, of course)
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JollyTrades
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May 23, 2016, 12:57:07 PM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance.
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deisik
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May 23, 2016, 01:57:50 PM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance. There are no such bots that would allow you to earn a few percents daily on a regular basis. Don't be misled about this. There are efforts to write bots that make use of arbitrage opportunities between exchanges, but it's not worth it... I tested these waters, such bots are useful for signals (tracking the price), but nothing substantial beyond this
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HarryKPeters
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May 23, 2016, 03:38:30 PM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance. There are no such bots that would allow you to earn a few percents daily on a regular basis. Don't be misled about this. There are efforts to write bots that make use of arbitrage opportunities between exchanges, but it's not worth it... I tested these waters, such bots are useful for signals (tracking the price), but nothing substantial beyond this Indeed these bots never can have a strategy because they simply do not have a mind and they will soon or later fail because of this fact. I think they can do it okay but it will indeed not worth it due to the fact you need to code a lot of stuff.
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absy
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★Bitvest.io★ Play Plinko or Invest!
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May 23, 2016, 03:42:30 PM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance. There are no such bots that would allow you to earn a few percents daily on a regular basis. Don't be misled about this. There are efforts to write bots that make use of arbitrage opportunities between exchanges, but it's not worth it... I tested these waters, such bots are useful for signals (tracking the price), but nothing substantial beyond this Indeed these bots never can have a strategy because they simply do not have a mind and they will soon or later fail because of this fact. I think they can do it okay but it will indeed not worth it due to the fact you need to code a lot of stuff. Bots are mainly used to hike the price , but you know , that too has a strategy, some huge whales who hold 10-20 btc , keep buying the coins at low level , this will surely hike the price and more people will get attracted seeing the price and the volume and when they place the buy order for more , the bot sells off everything it has bought . It maybe very less , like buying 10000 coins at 54 sats and selling all of them at 55 sats , but you will make money , sometimes people doesn't even bother about that and you loose money.
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deisik
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May 23, 2016, 03:56:22 PM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance. There are no such bots that would allow you to earn a few percents daily on a regular basis. Don't be misled about this. There are efforts to write bots that make use of arbitrage opportunities between exchanges, but it's not worth it... I tested these waters, such bots are useful for signals (tracking the price), but nothing substantial beyond this Indeed these bots never can have a strategy because they simply do not have a mind and they will soon or later fail because of this fact. I think they can do it okay but it will indeed not worth it due to the fact you need to code a lot of stuff. I've written a few bots myself for various exchanges (Criptsy, Bter, Bitfinex) that worked fine. But there were a number of problems. First, all the api's I'd seen were either outright broken, i.e. didn't work as expected (Criptsy), or just ugly (Bitfinex). Second, you had to be ready that the bot would get invalid data and could go nuts. For example, I've seen that Bitfinex fed data where bids (orders to buy) had been higher than asks (orders to sell). And third, bots are mechanical in their operation, so they are only effective for simple, unsophisticated strategies, which are not profitable by definition... Price tracking bots are quite another matter, though
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Amph
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May 24, 2016, 05:49:32 AM |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance. There are no such bots that would allow you to earn a few percents daily on a regular basis. Don't be misled about this. There are efforts to write bots that make use of arbitrage opportunities between exchanges, but it's not worth it... I tested these waters, such bots are useful for signals (tracking the price), but nothing substantial beyond this well not daily but you can aim at an overall +ev esperience in the long run, unless you are playing in a market where very bot is better than you but again at least one bot is doing good out there every day, it depend ho well the strategy was implement pro are all using bot to trade there is no human trading anymore, if not for pure fun
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deisik
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May 24, 2016, 06:02:55 AM Last edit: May 24, 2016, 09:39:06 AM by deisik |
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I can't believe people think trading bitcoin is profitable for the average Joe. It's like suggesting to buy lottery tickets. In the end, one day, you will win the lottery, bro!
that's why they need a pre compiled bot with a good strategy, they would on gain money in this way by few % each day learning trading would only cost them tons of money at the beginning, learning with a small amount, would not put them in the same condition as big amount, because no emotion would be involved Are there such bots for sale? Any links please? Thanks in advance. There are no such bots that would allow you to earn a few percents daily on a regular basis. Don't be misled about this. There are efforts to write bots that make use of arbitrage opportunities between exchanges, but it's not worth it... I tested these waters, such bots are useful for signals (tracking the price), but nothing substantial beyond this well not daily but you can aim at an overall +ev esperience in the long run, unless you are playing in a market where very bot is better than you but again at least one bot is doing good out there every day, it depend ho well the strategy was implement Which bot are you talking about, Willy-Nilly? Do you mean a bot set up by an exchange and front-running their client orders?
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JollyTrades
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May 24, 2016, 07:19:17 AM |
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@deisik,
You're right. To claim profitability, the bot should be applicable through the API from outside. And I don't seek daily percentage profits. 20%pa is enough if the beta is significantly lower than 1.
Best,
Jian
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deisik
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May 24, 2016, 07:38:44 AM |
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well not daily but you can aim at an overall +ev esperience in the long run, unless you are playing in a market where very bot is better than you
And while we are at it, could you as well tell me how you aim at an overall +ev experience? I mean the gory details. Or is it just a more subtle way to say "buy low, sell high"?
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