Wintersoldier
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December 22, 2016, 08:29:11 PM |
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I don't have a great trading strategy all i do is budgeting to make sure that i will have a fair enough bitcoins to save for the long term and not all the bitcoins will be on trading because we know that trading always has a risk of getting loss so it is better to do budgeting so if ever that you loss in your latest trade you can come up and get recover that loss using your bitcoin savings . so true . most of bitcoin should we save it to be used in the future. I believe bitcoin prices will reach a peak sometime in the future. it will be very significant for the future bitcoin prices are very high. I waited for the right moment to sell bitcoin I have. That is the same way I do as bitcoin's value is going up. Yet, we shouldn't stay for that. If bitcoin goes down, or become more consistent, I'll trade because that is the best time to trade.
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rizkyhiw
Legendary
Offline
Activity: 1484
Merit: 1004
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December 22, 2016, 10:11:51 PM |
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I do not have a real strategy to trade because I think that you sometimes just have to look good at the investing parties and try it sometimes you have luck and sometimes not, trading is still risky and stays a sort of gambling.
As long as you are treating trading as gambling then definitely you do not need any strategy for a better trading, just your lucky is more than enough because still you are believing trading is similar risky thing to gambling. In my experience, if you are having enough strategies then your trading will not be risky similar to gambling. It is such a waste if you treat trading same as gambling, if don't have any skill then you need to learn before you do trading, without any skill and knowledge you won't be able to earn some profit and if you want to earn based on luck then gambling is better than trading, the reason why a lot of people think trading is better than gambling is because they can combine luck and knowledge and skill to earn profit yeah i agree , rather than have to trade randomly rely on luck gambling is a better place to do that , as it gives a better amount in return trading far better than gambling is because of the less risk that they get and if you do coumpound in trading it gives you more than just a profit and investment in the future.
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jossiel
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December 22, 2016, 10:52:02 PM |
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I don't have a great trading strategy all i do is budgeting to make sure that i will have a fair enough bitcoins to save for the long term and not all the bitcoins will be on trading because we know that trading always has a risk of getting loss so it is better to do budgeting so if ever that you loss in your latest trade you can come up and get recover that loss using your bitcoin savings . so true . most of bitcoin should we save it to be used in the future. I believe bitcoin prices will reach a peak sometime in the future. it will be very significant for the future bitcoin prices are very high. I waited for the right moment to sell bitcoin I have. That is the same way I do as bitcoin's value is going up. Yet, we shouldn't stay for that. If bitcoin goes down, or become more consistent, I'll trade because that is the best time to trade. Just like the forextrader said, I followed his words that to be a good trader. We shouldn't be greedy, patience and I forgot the other one. And that is what I'm doing now, if ever I already have profit for the current value of bitcoin. Then I'm selling it already but of course not all. I used to remain 10% of my total bitcoins for holding purposes.
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Gliassa
Member
Offline
Activity: 102
Merit: 10
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December 22, 2016, 11:16:36 PM |
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Not having a real trading strategy at all because of the fact that I just do it and invest in a altcoin and trade it over for profit.
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JeffBrad12
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December 22, 2016, 11:32:49 PM |
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Not having a real trading strategy at all because of the fact that I just do it and invest in a altcoin and trade it over for profit.
That's true, mostly people was restricting his mind with a lot of method for trading but I can say it was a simple to saying it, a lot of the people just do a simple way, and like you said, I'm not blind my mind with the complicated things and just using the simple way and already make couple btc just in a short time, all of that wasn't depending on the strategy but the people is the general factor.
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bohr
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December 23, 2016, 06:20:32 AM |
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By using my technical analysis, I learned to extract all information from charts and process to go to work. How the market evolves, my method can endure every rising and every falling trend. Buy and sell at the right time! After years of experience, I became a successful trader.
Technical analysis is great but it is not enough you need to also watch the news regarding whatever you are trading, since not everything is going to appear in the charts.
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Victorycoin
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December 23, 2016, 02:47:27 PM |
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By using my technical analysis, I learned to extract all information from charts and process to go to work. How the market evolves, my method can endure every rising and every falling trend. Buy and sell at the right time! After years of experience, I became a successful trader.
Technical analysis is great but it is not enough you need to also watch the news regarding whatever you are trading, since not everything is going to appear in the charts. Actually it is fundamentals (news) that sets the pace for the movements we see in the financial markets - fiats or cryptocurrencies. Technical analysis only steps in, to delineate the possible range for every such movement. So it is highly essentially that every trader ought to keep his eyes on the news as that's where major upsets in the market is triggered.
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deisik
Legendary
Offline
Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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December 23, 2016, 03:01:17 PM |
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By using my technical analysis, I learned to extract all information from charts and process to go to work. How the market evolves, my method can endure every rising and every falling trend. Buy and sell at the right time! After years of experience, I became a successful trader.
Technical analysis is great but it is not enough you need to also watch the news regarding whatever you are trading, since not everything is going to appear in the charts. Actually it is fundamentals (news) that sets the pace for the movements we see in the financial markets - fiats or cryptocurrencies. Technical analysis only steps in, to delineate the possible range for every such movement. So it is highly essentially that every trader ought to keep his eyes on the news as that's where major upsets in the market is triggered. Technical analysis is not a substitute for ignorance People think up bizarre and arcane strategies trying to compensate for their lack of understanding how markets essentially work, hoping that the more intricate and complicated a trading strategy is, the more profit it will bring, while in fact it usually works in the reverse order, i.e. the simpler the better. There are very complex and tricky arbitrage strategies, but it is highly unlikely that the majority of wannabe traders would be able to understand them since they involve instruments which themselves are very hard to get true deep understanding of (e.g options and currency swaps). That would take long years of real trading experience to grasp what's what there
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marcoman22
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December 23, 2016, 05:24:57 PM |
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I buy Bitcoin when price is low and hold it until price goes very high.I dont get panic when the price falls down and dont sell it immediately.When Bitcoin price shows no progress, i invest btc in Altcoin to make some profit.
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Potato Chips
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December 23, 2016, 07:09:02 PM |
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I buy Bitcoin when price is low and hold it until price goes very high.I dont get panic when the price falls down and dont sell it immediately.When Bitcoin price shows no progress, i invest btc in Altcoin to make some profit.
Trading bitcoin to fiat is quite easy these days than trading altcoin because it is more volatile than it, many altcoins even dump quickly and only few are good keeping for long term and catching them when they are still newly release is difficult because you can't tell if it will do good in the future, If you have been able to manybe its luck or you buy lots of newly released coins that will result to great loss. Also even though if bitcoin is doing great, Invest in altcoins.
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el kaka22
Legendary
Offline
Activity: 3696
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
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December 23, 2016, 07:22:35 PM |
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I do not have a real strategy to trade because I think that you sometimes just have to look good at the investing parties and try it sometimes you have luck and sometimes not, trading is still risky and stays a sort of gambling.
As long as you are treating trading as gambling then definitely you do not need any strategy for a better trading, just your lucky is more than enough because still you are believing trading is similar risky thing to gambling. In my experience, if you are having enough strategies then your trading will not be risky similar to gambling. It is such a waste if you treat trading same as gambling, if don't have any skill then you need to learn before you do trading, without any skill and knowledge you won't be able to earn some profit and if you want to earn based on luck then gambling is better than trading, the reason why a lot of people think trading is better than gambling is because they can combine luck and knowledge and skill to earn profit Yes gambling and trading are two completely different fields these have no comparison. Gambling is based on luck and you will lost your money most of the time but on the other hand trading required knowledge and skills that makes it a great field to earn money through proper hard work.
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posternat
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December 25, 2016, 07:26:48 AM |
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I like to keep it simple. Look for historical highs and lows, set your levels, buy high, sell low! For all the newbies to trading, keep it simple, buy high, sell low! don't think too much about it And try to make a timing on it, as trading at the right time can give you the best result. Anyway good luck to trading career dude.
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Sled
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December 25, 2016, 07:40:32 AM |
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I buy Bitcoin when price is low and hold it until price goes very high.I dont get panic when the price falls down and dont sell it immediately.When Bitcoin price shows no progress, i invest btc in Altcoin to make some profit.
Trading bitcoin to fiat is quite easy these days than trading altcoin because it is more volatile than it, many altcoins even dump quickly and only few are good keeping for long term and catching them when they are still newly release is difficult because you can't tell if it will do good in the future, If you have been able to manybe its luck or you buy lots of newly released coins that will result to great loss. Also even though if bitcoin is doing great, Invest in altcoins. The reason why altcoins are being dumped faster than before is because of the price of the bitcoin since they are inversely proportional it means that if bitcoin goes up the altcoins price will go down and if the bitcoin price goes down the altcoins price will go up. Investing both in altcoin and bitcoin is a good move because your eggs (money) are not in one basket but you need it to spread your money in a smart and proper way.
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GregH37
Legendary
Offline
Activity: 1302
Merit: 1037
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December 25, 2016, 07:56:05 AM |
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I like to keep it simple. Look for historical highs and lows, set your levels, buy high, sell low! For all the newbies to trading, keep it simple, buy high, sell low! don't think too much about it And try to make a timing on it, as trading at the right time can give you the best result. Anyway good luck to trading career dude. To find out the right time for trading is only possible through a trading strategy. And we are all struggling to find out the strategies to have fruitful trading experience. Usually all this strategies are suggesting to buy at low but we are all struggling to find out when and what will be the low price so that we can enter.
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deisik
Legendary
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Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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December 25, 2016, 08:14:53 AM |
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The reason why altcoins are being dumped faster than before is because of the price of the bitcoin since they are inversely proportional it means that if bitcoin goes up the altcoins price will go down and if the bitcoin price goes down the altcoins price will go up. Investing both in altcoin and bitcoin is a good move because your eggs (money) are not in one basket but you need it to spread your money in a smart and proper way.
This is not an explanation You are just stating the fact that when the Bitcoin price goes up, the price of altcoins goes down in bitcoins. You don't explain why it happens so. In any case, since the price of altcoins remains essentially the same in dollar terms, you'd better stick to the US dollar itself if you are not going to put "all your eggs in one basket". With Bitcoin price going parabolic, the price of many altcoins may soon hit 1 satoshi
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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December 25, 2016, 08:20:32 AM |
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I like to keep it simple. Look for historical highs and lows, set your levels, buy high, sell low! For all the newbies to trading, keep it simple, buy high, sell low! don't think too much about it What the heck are you saying? LOL, if you buy high and then sell low, you'll be poor soon. You should consider flipping your rule.
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Victorycoin
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December 25, 2016, 01:22:56 PM |
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Yes gambling and trading are two completely different fields these have no comparison. Gambling is based on luck and you will lost your money most of the time but on the other hand trading required knowledge and skills that makes it a great field to earn money through proper hard work.
Yes gambling and tradings are miles apart, but when a supposed trader sets off trading without good enough knowledge, skills and experience, then there is really no difference. Guess work is no trading and it is only by understanding the market that sustainable profits are made possible other than that, it is all waste of precious time and money.
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deisik
Legendary
Offline
Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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December 25, 2016, 01:36:53 PM Last edit: December 25, 2016, 07:01:16 PM by deisik |
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Yes gambling and trading are two completely different fields these have no comparison. Gambling is based on luck and you will lost your money most of the time but on the other hand trading required knowledge and skills that makes it a great field to earn money through proper hard work.
Yes gambling and tradings are miles apart, but when a supposed trader sets off trading without good enough knowledge, skills and experience, then there is really no difference. Guess work is no trading and it is only by understanding the market that sustainable profits are made possible other than that, it is all waste of precious time and money. I basically agree with your point in general Though I don't agree with such a view when it comes to details. The major difference between trading and gambling if we talk about gory details is that when gambling you outright lose when you lose, so to speak. For example, you have 1 bitcoin, you lose and then you have only 0.5 bitcoin left. In trading however, even if the price goes against you, your losses are fixed only when you close a losing position. But you have an option to wait out the bad times and still get profits even if you were losing at first. This is impossible in gambling where any loss is final and potentially fatal
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hurain
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December 26, 2016, 12:23:48 AM |
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I like to keep it simple. Look for historical highs and lows, set your levels, buy high, sell low! For all the newbies to trading, keep it simple, buy high, sell low! don't think too much about it And try to make a timing on it, as trading at the right time can give you the best result. Anyway good luck to trading career dude. To find out the right time for trading is only possible through a trading strategy. And we are all struggling to find out the strategies to have fruitful trading experience. Usually all this strategies are suggesting to buy at low but we are all struggling to find out when and what will be the low price so that we can enter. yes that is right to say tha tif you have some good strategy about trading then you can make some good money in trading, but if you are engage in trading without any strategy then you cannot make any profit from gambling and can even lose your own money.
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wildworld
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December 26, 2016, 12:31:33 AM |
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I like to keep it simple. Look for historical highs and lows, set your levels, buy high, sell low! For all the newbies to trading, keep it simple, buy high, sell low! don't think too much about it And try to make a timing on it, as trading at the right time can give you the best result. Anyway good luck to trading career dude. To find out the right time for trading is only possible through a trading strategy. And we are all struggling to find out the strategies to have fruitful trading experience. Usually all this strategies are suggesting to buy at low but we are all struggling to find out when and what will be the low price so that we can enter. yes that is right to say tha tif you have some good strategy about trading then you can make some good money in trading, but if you are engage in trading without any strategy then you cannot make any profit from gambling and can even lose your own money. Yes, everyone has their own way of trading. the important thing is to decide for yourself. Follow your own trategy where you feel good. Every trader has a different way. If you want to have experience in trading you have to practice a lot!
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