wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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March 20, 2017, 04:21:56 PM |
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My strategy is very simple, for my bitcoin trades. I'm doing nothing with it and that's my long term basis of trading. But for alt coins, it's also simple, since there are people that are just trolling around and making a pump and dump scenario for those altcoins, so usually most of my alt coins are just good for short term trading.
That is not trading tough? Keeping bitcoin long term is investment not trading. I mean you need to buy and sell in order for it to be trading. If you just buy bitcoin for long term thats not trading. For altcoin you are right tough, that is reasonable approach for altcoins.
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Luno
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March 20, 2017, 07:47:45 PM |
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My strategy is very simple, for my bitcoin trades. I'm doing nothing with it and that's my long term basis of trading. But for alt coins, it's also simple, since there are people that are just trolling around and making a pump and dump scenario for those altcoins, so usually most of my alt coins are just good for short term trading.
my strategy is also very simple as i do not have such a big amount therefore i mostly trad with investing a little amount of bitcoin in trading. yes and currently my strategy is also very simple as in present time the price of bitcoin is trading very low and therefore i am not ready to sell my bitcoin and going to hold it for some more time when the price of bitcoin will recover its position. yes price is fluctuating it is not very stable. so my strategy is simple when the price is high then sell it and when the price is low then buy. i think price is not stable now but the price of btc is good. so selling the btc will not be a bad idea. Otherwise for 2-3 weeks once you get more idea about then you can plan to sell/buy.
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aardvark15
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March 20, 2017, 11:09:23 PM |
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My strategy is very simple, for my bitcoin trades. I'm doing nothing with it and that's my long term basis of trading. But for alt coins, it's also simple, since there are people that are just trolling around and making a pump and dump scenario for those altcoins, so usually most of my alt coins are just good for short term trading.
my strategy is also very simple as i do not have such a big amount therefore i mostly trad with investing a little amount of bitcoin in trading. yes and currently my strategy is also very simple as in present time the price of bitcoin is trading very low and therefore i am not ready to sell my bitcoin and going to hold it for some more time when the price of bitcoin will recover its position. yes price is fluctuating it is not very stable. so my strategy is simple when the price is high then sell it and when the price is low then buy. i think price is not stable now but the price of btc is good. so selling the btc will not be a bad idea. Otherwise for 2-3 weeks once you get more idea about then you can plan to sell/buy. I like when the price fluctuates because there can be opportunities to buy and sell. It's better for the range of fluctuation to be at least $50 or more to make any decent gains on transactions.
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coinplus
Legendary
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Activity: 1386
Merit: 1058
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March 22, 2017, 11:15:18 AM |
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I like when the price fluctuates because there can be opportunities to buy and sell. It's better for the range of fluctuation to be at least $50 or more to make any decent gains on transactions.
$50 must be very long fluctuations and usually I'm not preferring it. Because we cannot be sure when market might make turn. For short term trading plan, I'm not preferring waiting for long range is to be covered. To get quick profits in short term fluctuations, I will increase may lot size so that I will keep my profits ratio to be decent for the efforts I will be taking. I'm not suggesting beginners to go for this, as it will be highly risky when your technical analysis is not so strong. Only through experience, everyone will be able to trade this way.
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RealPhotoshoper
Legendary
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Activity: 1050
Merit: 1001
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March 22, 2017, 11:36:57 AM |
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If trading altcoins is concerned that the relatively memorized it. Often if they are short trade small profits at a time. But this is what I do every time I pretty much my income in a day. This is my strategy, the short trade because it is the quick way for me to earn.
You mean a day trading strategy? Take a small profit oftenly. I have done this before but the result is not as good as planned, i got no profit . Buy at 1000 sell at 1020 and buy again at 1200 sell it at 1230 , i take $20 as profit but the price keep moving up, it is just make me frustated. If you trade bitcoin-fiat, the fluctuation of the price is not so significant as trading bitcoin-altcoin. but trade new altcoin is really risky because I think some of altcoin is just pump and dump. I think we can solve this problem by become contrarian trader. I mean is when the price of altcoin is rising, we sell it then when the price is droping we buy it. But this strategy is only appropriated on some good altcoin such as ETH. Do not be greedy, no trader can be rich in one day. That is my strategy. But I think everyone has their own good strategy. You mean contrarian trading method? It was not to buy low and sell high. Contrarian tradrer do buying even the price high and sell as a cut loss when it dropped. Always against the market trends , is that what you mean? Doi continuously still won't work i guess.
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pinkpanther03
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March 23, 2017, 08:07:45 AM |
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for what I do in trading was if bitcoin reduced like now I buy and hold, then if there is altcoin that are swing aggressively I sell it, then if there's dumping happen its time to buy then. Just as the simple rules we had buy at low then sell at high.
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soyab0007
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March 23, 2017, 01:03:01 PM |
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Buy low and Sell high
Hold as long as you can, until you dont get the desired profit
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Humanxlemming
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March 23, 2017, 02:07:10 PM |
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My simple stragety "Buy low | Sell High (I'm doing this in a trusted coin and most popular coin like "ETH", " DASH", and "XMR") Also i'm doing Day Trade but it seems need a higher capital to earn high profit, day trade needs you always focus every minute to see what happening in coin.
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Valiance
Newbie
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Activity: 40
Merit: 0
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March 23, 2017, 07:37:07 PM |
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My simple stragety "Buy low | Sell High (I'm doing this in a trusted coin and most popular coin like "ETH", " DASH", and "XMR") Also i'm doing Day Trade but it seems need a higher capital to earn high profit, day trade needs you always focus every minute to see what happening in coin. Oh come on that's not a strategy it's an aim. People want to earn some money from trading but if they think it's literally as easy as "buy low, sell high" then they will lose money or at least end up holding for years on end without doing anything.
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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March 23, 2017, 08:50:44 PM |
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Well after lots of trading, it seems like my strategy is somewhat different from others: Buy high, sell low, get rid of hard-earned bitcoins, then earn them again with even a harder way, and finally buy high again, and sell low once again. Get rid of them again.
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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March 23, 2017, 09:23:25 PM |
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Well after lots of trading, it seems like my strategy is somewhat different from others: Buy high, sell low, get rid of hard-earned bitcoins, then earn them again with even a harder way, and finally buy high again, and sell low once again. Get rid of them again. This reminds me a bit of people asking; why if I buy the price always goes down, and why if I sell the price always goes up?. Actually, your "strategy" is basically the same as from the majority of the people here - it's that trading is a losing game for them. Many of the people here don't have the balls to admit it, but you are an exception here. In some cases people just aren't made for trading, but you seem to realize that you are doing wrong, and that's already a good starting point. Is it BTC/fiat that you trade, or BTC/alt?
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marcuslong
Legendary
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Activity: 1036
Merit: 1002
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March 23, 2017, 09:49:11 PM |
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My simple stragety "Buy low | Sell High (I'm doing this in a trusted coin and most popular coin like "ETH", " DASH", and "XMR") Also i'm doing Day Trade but it seems need a higher capital to earn high profit, day trade needs you always focus every minute to see what happening in coin. Well good for you that you can manage to wait bitcoin to be decrease and waiting for the price to be rise my profit on this is always negative i decided to sell and sell than buying when im earning from trading where i always on auto sell. Good coins can make you more profit than waiting for the price of bitcoin to be high
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kidoseagle0312
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March 24, 2017, 08:59:46 AM |
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We know the traders rules buy at low then sell at high price, which is commonly happen in the exchange platform. But some there are traders they set a sell wall then leave the platform and back another day.
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anonbit992
Sr. Member
Offline
Activity: 378
Merit: 251
A Trader & An Investor
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March 24, 2017, 09:09:47 AM |
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The most commonly used strategy would be buying low and selling high. You could use technical indicators or resistance and support lines to buy and sell. I know traders who used MACD, RSI and bolinger bands. You could also try to find projects which have just started with good team and goals and buy into them and sell after the tokens get some good price appreciation.
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iTradeChips
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March 24, 2017, 09:29:53 AM |
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look for relatively younger coins that are undervalued. smaller things grow faster and they have much more potential upside than the more mature top coins. also you can get a bigger percent of the total supply if the coin is still in the early stages of growth.
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Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
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March 24, 2017, 09:32:25 AM |
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Well after lots of trading, it seems like my strategy is somewhat different from others: Buy high, sell low, get rid of hard-earned bitcoins, then earn them again with even a harder way, and finally buy high again, and sell low once again. Get rid of them again. This reminds me a bit of people asking; why if I buy the price always goes down, and why if I sell the price always goes up?. Actually, your "strategy" is basically the same as from the majority of the people here - it's that trading is a losing game for them. Many of the people here don't have the balls to admit it, but you are an exception here. In some cases people just aren't made for trading, but you seem to realize that you are doing wrong, and that's already a good starting point. Is it BTC/fiat that you trade, or BTC/alt? Well its BTC/Alt, and you seem very much correct. After every loss, I feel like I've become more experienced.
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batang_bitcoin
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March 24, 2017, 09:35:26 AM |
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We know the traders rules buy at low then sell at high price, which is commonly happen in the exchange platform. But some there are traders they set a sell wall then leave the platform and back another day.
Yeah very common thing in trading and I guess there's no secret in trading anymore. Also there are bots that are willing to help you but you need to purchase license from it. I can recommend gunbot for it, many are purchasing it and it seems to be a good bot and helps you out with your trading career especially if you are busy.
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jeraldskie11
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March 24, 2017, 04:12:22 PM |
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My strategy in trading is buy at low and sell at high so in that way you can earn. I look also in the graph if I saw that the rate of the graph is going to low or red, that is the good timing to buy because if its change to going up you can sell it and then you earn. Don't buy if you saw the graph rate is green because its hard to earn and maybe you will lose. Therefore, in every move that you take will affect your tradement.
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batang_bitcoin
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March 24, 2017, 10:16:42 PM |
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-snip-
My strategy used in trading is just simple just like the others does, the "sell high and buy low". It's very effective, I've already use it on my transaction. Also, you need to watch carefully the value of the coins that you're trading becuse it may cause it to your loss. Yet, you need be aware on when the coins will pump. It's very common and we all know about this type of trading strategy. And just like now we gotta take the advantage of bitcoin right now, as the price seems to be low it's a good chance now to buy a lot of bitcoins as it is under $1k now. It looks like it is on a bull run effect of crashing but for sure in the future it will do a comeback and will reach another ATH.
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