What is your trading strategy?

[citizenh-ssd]

How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!

To be honest the best strategy over the long run is HODL
So far at least, as long as you keep the coins for the long run the profits do seem to make themselves.

yes that is true that holding bitcoin is good strategy but in fact when the price of bitcoin become stable then it is good to invest it in some other altcoin, from where you also have good chances to make good profit.

Probably the best strategy for trading, is to buy cheaper and sell more expensive. What else can you think of in this regard? Even if there are some riddles and answers to them, they are inaccessible to the mere mortal.

[1715169991]

1715169991

[1715169991]

1715169991

[ethereumhunter]

How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!

To be honest the best strategy over the long run is HODL
So far at least, as long as you keep the coins for the long run the profits do seem to make themselves.

yes that is true that holding bitcoin is good strategy but in fact when the price of bitcoin become stable then it is good to invest it in some other altcoin, from where you also have good chances to make good profit.

Probably the best strategy for trading, is to buy cheaper and sell more expensive. What else can you think of in this regard? Even if there are some riddles and answers to them, they are inaccessible to the mere mortal.

this is what we do in trading and nothing else, but we need to do make our own price to buy and sell the coins so we can get profit. before make our own price, we need to watch and learn the trend from the coins and this is why we need to learn to make some analysis and learn about chart.

[Mieehayii]

don't trade for a year!

this strategy is really useful, if you trust Bitcoin, please never trade and just buy buy buy, keep and hold them, look for a right opportunity to dump! (such as now)

[jackcole]

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!

https://i.imgur.com/ZkMo9ZC.png

I regulary buy small amounts of bitcoin to hold, but recently I also got an account on Kraken to get my feets wet in trading (mostly for fun, money I can afford to lose, no prior skills or experience).
I made a deposit of about $400 have been trading for 10 days.
So far I have made a profit of about $40, but that might just come down to pure luck, because I really don't have a well thought out strategy.
What I have been doing is to try to keep a balance of 50/50 fiat/btc give or take 25% so I always can buy or sell.
Then I trade when the price moves sideways, 5-10 bucks up and I sell, 5-10 bucks down and I buy.
I also check the price before I go to bed, and in the morning when I wake up I buy or sell depending on the price movement. Sometimes I also put a buy and/or a sell order before I go to bed to cut losses or collect profit and rebalance my btc/fiat ratio.

[gabmen]

don't trade for a year!

this strategy is really useful, if you trust Bitcoin, please never trade and just buy buy buy, keep and hold them, look for a right opportunity to dump! (such as now)

Yeah a lot of people already made big money from holding for years quite like with btc userd from then. And though now may be a good opportunity to dump, i'd still choose to hold. Who knows what may happen in the next few years, the forecasts are promising for the future of btc.

[gabbie2010]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

[Colt81]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.

[Lomberjack]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.

I agree on that. You don't need too much analysis for you to succeed in your trade. What more important is you know how to handle your trades and eliminate it. That's how trading works and that's how successful traders used to trade.

[Lomberjack]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.

I agree on that. You don't need too much analysis for you to succeed in your trade. What more important is you know how to handle your trades and eliminate it. That's how trading works and that's how successful traders used to trade.

[Fioraver]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.

I agree on that. You don't need too much analysis for you to succeed in your trade. What more important is you know how to handle your trades and eliminate it. That's how trading works and that's how successful traders used to trade.

so, trading is like a game, hold is the profits.

got it. 

[KnightElite]

How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!

To be honest the best strategy over the long run is HODL
So far at least, as long as you keep the coins for the long run the profits do seem to make themselves.

yes that is true that holding bitcoin is good strategy but in fact when the price of bitcoin become stable then it is good to invest it in some other altcoin, from where you also have good chances to make good profit.

Yes you are correct that some of altcoins have a potential also like the bitcoin. Is it good to invest your money to the altcoins because the good quality that the altcoins have.

[arwin100]

How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!

To be honest the best strategy over the long run is HODL
So far at least, as long as you keep the coins for the long run the profits do seem to make themselves.

yes that is true that holding bitcoin is good strategy but in fact when the price of bitcoin become stable then it is good to invest it in some other altcoin, from where you also have good chances to make good profit.

Yes you are correct that some of altcoins have a potential also like the bitcoin. Is it good to invest your money to the altcoins because the good quality that the altcoins have.

But what is the coin would be? A big question mark that we needed to research for since there are so many good coins and wanna be potential altcoin in trading sites. And to choose who's better on them I think its better that we used the coinmarket cap since  this is the one who can bring us to great coins that will be profitable to us since it gives stats on what would be the happenings on certain coins on 24 hours movements.

[RealPhotoshoper]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.

I agree on that. You don't need too much analysis for you to succeed in your trade. What more important is you know how to handle your trades and eliminate it. That's how trading works and that's how successful traders used to trade.

It is depends on what kind trader are you? A day trader or a long term trader?
When you want to trading for long term you can make an analysis for long term , make prediction based on the available data and put your buy and sell position.
But when you decide to trade for daily profit , you just need to cut the loss if down 10% and take the profit when up 5%. That is what i am doing.

[BTCjust]

My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.

It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.

I agree on that. You don't need too much analysis for you to succeed in your trade. What more important is you know how to handle your trades and eliminate it. That's how trading works and that's how successful traders used to trade.

so, trading is like a game, hold is the profits.

got it. 

How much I wish I had not thrown out my bitcoins at $ 1,200

Although I have earned double, but I have missed the madness of this time

[Mieehayii]

This theme was discussed for two years, but many people still did not master the essence  -  HOLD rather than trade.

[2bfree]

One strategy that works good is when everyone dumps a good coin in panic you buy that works 90% of the time! When they ask the people who wanted a republic instead of democracy why, they said because the masses are always wrong so just do opposite of the masses and you will win! If everyone is buying then short! (that one I dont' do because I don't know here) but I do the first strategy. Also just looke at what peopel say heere if most people say something is true then you know it's false, stick to that and you will prift in your trade just know the masses lie, that's the key to trading and they are alwasys wrong!

[wahb]

One strategy that works good is when everyone dumps a good coin in panic you buy that works 90% of the time! When they ask the people who wanted a republic instead of democracy why, they said because the masses are always wrong so just do opposite of the masses and you will win! If everyone is buying then short! (that one I dont' do because I don't know here) but I do the first strategy. Also just looke at what peopel say heere if most people say something is true then you know it's false, stick to that and you will prift in your trade just know the masses lie, that's the key to trading and they are alwasys wrong!

but some time it  is not a wise decision to wait for the dump, for example in present time waiting for the price to dump is not a good decision, because i am sure that the price of bitcoin is not going to dump any more it is staying here for a long time and getting a good support from the investors therefore more chances are that the price of bitcoin will start increasing very soon. therefore waiting in such situation may not be a good strategy.

[batang_bitcoin]

This theme was discussed for two years, but many people still did not master the essence  -  HOLD rather than trade.

It's not totally holding, how can you profit if you are going to trade or sell? It's good to sell some when you think it's the highest peak for this month or year but don't push all your funds to be sold. Just keep on holding just like what I do, I have placed some of my bitcoins for holding and some for circulation of trade.

[Tamilson]

don't trade for a year!

this strategy is really useful, if you trust Bitcoin, please never trade and just buy buy buy, keep and hold them, look for a right opportunity to dump! (such as now)

Yeah a lot of people already made big money from holding for years quite like with btc userd from then. And though now may be a good opportunity to dump, i'd still choose to hold. Who knows what may happen in the next few years, the forecasts are promising for the future of btc.

Yes like no one truly can predict what will happen for the upcoming years. If you can hold your btc for years well that's much better but as some traders here do trading for their every day lives, they trade when they think its good to sell or should I say they trust their guts when trading.

[Spontebob]

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!

Currently, there are features in trading site where in you can limit your buy/sell order which is great for you to limit the risk. Since volatality and flactuation is high in crypto currency, it's better to use it so you can protect your capital regardless of you trade full time or not.