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Topic: A wise strategy for your bitcoin - page 12. (Read 6348 times)

sr. member
Activity: 812
Merit: 251
April 24, 2018, 08:13:44 AM
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

As I can see to your strategy it is very close to a day trade, though your doing the right thing actually, but its too risky do you know that? Because trading is very unpredictable that's why its risky. So, the best strategy is to hold em in a long terms if you want to gain big on bitcoin in that way there is no risk involve, only thing is are you willing to wait in a long term?
sr. member
Activity: 658
Merit: 250
April 24, 2018, 06:54:06 AM
That strategy requires you to have good timing on the market. But the problem is, by doing so, it will make you emotional and you will be prone to make mistakes making you lose some of your money.

If you want the best strategy for ordinary investors like us, "buy the dips". If you have a job you should save 20% of your monthly salary and make that available to buy when Bitcoin's price is falling.

If you have invested your money into any of the crypto currency, then you need to be very much careful and that you need to make some better strategy to make some huge profit as having some better plan will help you in having a better result. At this very moment, nothing can be more beneficial than that of holding of all your coins and that you need to stay patient all the time.
A wise strategy is diversification and asset allocation. This can help you at ease knowing that you don't put all of your bitcoins in one container. So, in case the other component is dropping, you still have the chance to recover a gain in another asset. Besides, practicing to secure your wallet has to be given attention. It would be better to divide several different wallets if you want to own lot of Bitcoins. Also, understanding the idea of holding, selling, buying, investing can greatly help you meet your goals.
newbie
Activity: 126
Merit: 0
April 24, 2018, 06:53:52 AM
Gain and gain and have higher ups in your account to join on good and exclusive bounties that will make you earn plenty.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
April 24, 2018, 06:21:49 AM
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

Well, you are doing very well, at least you have gained profit from bitcoin, so don't look behind you. In this wise, in every stage you will think that you was wrong that you sold your bitcoins. But if you want to gain more profit then manage your time, just like long term holding for a year or 2 years and then sell it. I bought my first bitcoin when bitcoin was $300, and i sold my 5 bitcoins in first time, when bitcoin reached at $600, and now i think i did wrong, absolutely i did wrong,, but time has gone.      
full member
Activity: 354
Merit: 100
April 24, 2018, 06:18:31 AM
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

In bitcoin, the best strategy to have is be knowledgeable in every part of bitcoin becaise it will help you how to move in manging the bitcoin. Be a hardworking person and know everything that can really help you.
hero member
Activity: 2548
Merit: 605
April 24, 2018, 06:14:51 AM
That strategy requires you to have good timing on the market. But the problem is, by doing so, it will make you emotional and you will be prone to make mistakes making you lose some of your money.

If you want the best strategy for ordinary investors like us, "buy the dips". If you have a job you should save 20% of your monthly salary and make that available to buy when Bitcoin's price is falling.

If you have invested your money into any of the crypto currency, then you need to be very much careful and that you need to make some better strategy to make some huge profit as having some better plan will help you in having a better result. At this very moment, nothing can be more beneficial than that of holding of all your coins and that you need to stay patient all the time.
member
Activity: 308
Merit: 10
April 24, 2018, 05:57:50 AM
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
All we need in the world of cryptocurrency is do some strategy like when the value of bitcoin gets lower you need to buy and when it turns to a higher amount  thats the time you sell your coins. Other than that when you do some campaigns yo u need to collect and hold it .
member
Activity: 210
Merit: 10
The revolutionary trading ecosystem
April 24, 2018, 05:29:15 AM
For me as a strategy that I will do as ICO end as where I am in. I will enter in trading and mining. Where I will distribute my profit to have more return and off course I will support our signature campaign, their project is a beauty. These are the strategy that I will do beside of holding my own Bitcoin.
hero member
Activity: 1890
Merit: 831
April 24, 2018, 04:22:58 AM
Even I am doing the same but in a different way, when I see the Bitcoins Being falling I sell all my Bitcoins and wait for it to reach the lowest rate and then I buy again and this increases the Bitcoins in my possession and I don't really have to put more money in it.. when the price again climbs I usually see how much I have earned and stuff.
Go for it .. but don't forget to keep your notifications on for this..
jr. member
Activity: 286
Merit: 3
April 24, 2018, 02:46:09 AM
I think your strategy is good and is working for you since you are increasing your coins, keep it up. In time and with your patience and perseverance I know that you will be able to double or even triple the returns that you are getting out of it. Just an advise, you can also add some coins by participating and completing tasks for signature campaigns and bounties, it is a great way to add to your coins.
This is right to way of dealing with any cryptocurrency. It is supposed to be held with patience for a good period of time in order to get some real profits out of this investment. There is no other method of increasing capital by digital assets. Every coin has its own potential so a person should try to go with the one that can return its biggest amount. Bitcoin should be the first choice.
hero member
Activity: 2688
Merit: 588
April 24, 2018, 01:11:25 AM
We must certainly be able to determine a wise strategy or a specific purpose by constantly trying to adjust it to existing circumstances especially the price movements.
Well for me, besides still keep holding., of course, it would be nice I earn bitcoin or other income by not just investing only. Here, in this forum has been widely open for all of us to find many ways that can be profitable. In essence, we can really keep moving better without monotony.
If you have somehow managed to invest your money into the crypto currencies and that you have bought some bitcoins, then you need to make some wise strategy which can then help you out in making of some good amount of money as well so that you may not regret of investing your money into the crypto currencies. the best thing which can help you out is to go for holding of your bitcoins for longer time to get more profit.
full member
Activity: 434
Merit: 102
April 24, 2018, 12:14:05 AM
The strategies i use are long term and trading. I use 70% bitcoin for long term investments ie for 2 years and 30% for trading. By doing so i get 2 benefits and with trading can cover up the failure of long-term investment when the price drops.
I see this is a good investment. If it were me, I would think that the other 30% I would invest in good ICO projects would be able to bring in more profit. How do you think of this way?
For me too, yes I am in for this strategy. Reason is ICOs are producing better profit ratios to the users but one main problem is here. This is, the authenticity of the ICO project. Reason is, there are so many fake and spam ICOs working in the field. And as these coins are decentralized you can’t have any access to check whether they are valid or not else that you check them manually about their team and progress.
sr. member
Activity: 1596
Merit: 335
April 22, 2018, 04:26:37 PM
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

That is a great strategy, however, remember that the market can be really crazy and sometimes TA cannot be applied on the market. Just trade the amount you can afford to lose. If you trust your judgement, you can actually convert all of your bitcoin during ATH and buy back when the market dips.
member
Activity: 224
Merit: 10
April 22, 2018, 03:59:45 PM
Since the bitcoin value decrease, for me the best strategy is just hold your coins while earning trough campaigns. You will see that your patience is worth a fortune.
full member
Activity: 354
Merit: 100
April 22, 2018, 03:42:27 PM
I have some simple strategy for my Bitcoin earnings and those strategies of mine make me profitable in the crypto world. I am regularly doing Bitcointalk signature campaign job. Which is easy and a regular way of income. Day by day i increase my rank and post number in this forum and this thing ultimately increase my Bitcoin salary too. And this time i am also doing various micro job which is directly related to Bitcoin. And i am also doing Bitcoin investment which is a quick step to get a plenty of Bitcoin. And i am thinking in my future i will try mining and trading for more income of Bitcoin.  Smiley
A wise strategy for my bitcoin is that i will not store it and dont make a move to grow. Hence i want to invest in a particular ICO or to buy new crypto that has a good possibility for my money to grow. And i will just pick one that is really promising for me. I want to earn more and more money and to have progress on it than storing and saving it for a long time.
sr. member
Activity: 704
Merit: 270
April 22, 2018, 03:26:30 PM
I have some simple strategy for my Bitcoin earnings and those strategies of mine make me profitable in the crypto world. I am regularly doing Bitcointalk signature campaign job. Which is easy and a regular way of income. Day by day i increase my rank and post number in this forum and this thing ultimately increase my Bitcoin salary too. And this time i am also doing various micro job which is directly related to Bitcoin. And i am also doing Bitcoin investment which is a quick step to get a plenty of Bitcoin. And i am thinking in my future i will try mining and trading for more income of Bitcoin.  Smiley
member
Activity: 154
Merit: 10
April 22, 2018, 10:20:09 AM
As highlighted many times, you have to be alert every time and be flexible with your trading hours. You can either go with small profits with less risk and more frequent trades but for that, you will need comparatively high capital.
full member
Activity: 1050
Merit: 100
April 22, 2018, 10:06:04 AM
I think that's what a merchant should do. In principle a trader is looking to profit from buying and selling. When prices are high, traders are definitely selling. When prices fall, all traders will want to buy. As a merchant I strongly agree in a way like you.
but to buy when prices fall, we must also have right analysis. because it could be after we buy bitcoin when price is low then the price even down again, and we have to wait longer to get profit
full member
Activity: 322
Merit: 100
April 22, 2018, 08:44:25 AM
I think that's what a merchant should do. In principle a trader is looking to profit from buying and selling. When prices are high, traders are definitely selling. When prices fall, all traders will want to buy. As a merchant I strongly agree in a way like you.
member
Activity: 245
Merit: 11
Staker.network - POS Smart Contract ETH Token
April 22, 2018, 08:19:32 AM
For me the best strategy in working with Bitcoin is mastering its fluctuation process where you will know when it price will drop and when it increase,  Its better to master those thing because it will help you a lot in buying and selling in BTC that may give you a huge amount of income.
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