Topic: A wise strategy for your bitcoin - page 2. (Read 6343 times)
Be patient and do not panic. That is the main thing in the world of cryptocurrency. Because it is difficult to predict the bitcoin, we can not ascertain when to rise and fall.
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 was just right and a wise strategy on making your own assets to expand its capability to grow and be more beneficial. Instead of too much spending of your Bitcoin into unnecessary things, better do observe and plan your move on how you will be capable of adapting yourself into the situation which can either be into a dump or pump. Instead of overthinking the situation it is just right to convert all the doubts in your mind into opportunities when it is currently on dump and enjoy the fruitful scenario in the time of pump. It is just a matter of trust and hold in which those who do both as a strategy in this type of currency totally claims the success. 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.
I think the best strategy in bitcoin is to be patient and hold for a long time, as we know that bitcoin prices are currently being dropped more than $ 1000 in 2 days and if we sell then we will lose money because I believe the price is soon recovery.
It's very hard to time the market, so the easier thing to do is just buy during dips and hold them for a long period of time. The length in which you are willing to hold would also depend on what your target is. If you don't have any short term targets, might as well just hold what you bought and just wait for it to grow in value over the years.
Yes it is, but actually buying is unnecessary for everyone given the fact that Bitcoin is undoubtedly expensive these days however thr dump was it will remain expensive, I think mining, and trading will be more adequate for us especially for the young people who cannot afford to buy some since there is something more important thing for us to used than buying some Bitcoin and to hoard and wait for it to increase.
Hold your bitcoin until you feel to spend or exchange it.
True, this is very simple. Hold, hold and hold until you get the biggest success. Just be patient, always monitored the market but don't panick when decreasing. Trust the Bitcoin, it can never fail you. Because I am also trust the Bitcoin. 
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.
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.
The wisest strategy is to just follow the normal rules, sell when the price is high and invest a huge amount when the coins price is low, it was very easy but not everyone can really follow this instructions because not everyone can handle the pressure of the market when their coin price is decreasing.
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.
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.
The wisest strategy is to just follow the normal rules, sell when the price is high and invest a huge amount when the coins price is low, it was very easy but not everyone can really follow this instructions because not everyone can handle the pressure of the market when their coin price is decreasing.
My recent strategy in my bitcoin is not that wise as I earn a better amount of income last year because of lack of knowledge in doing it before I started investing to it. And I know I learn a lot of things in that investment before that's why now I'm always careful of making decision in terms of making my strategy to it.
It needs you to have some good amount of hold in the market and being updated.
Yes you do have a good strategy , hope i can be same as you when time comes that i can hold a bigger number of btcs on my wallet.
I get 2 benefits and with trade can cover up the failure of long-term investment when the price goes down, because the strategy I use is long term and trading. I use 70% bitcoin for long term investments ie for 2 years and 30% for trading
Strategy should be present everywhere and trading requires this approach more than others. It is necessary to develop a strategy and stick to it if you want to win always. My strategy is not to have strong emotions when trading
Trading cryptocurrency can offer bigger profits from mining, bounty, or other means of investment that can generate profits. This can happen if you already have experience and good analysis of the market of course. Otherwise, trading can be the worst way of investing among all, because we're dealing with assets that have very high fluctuations.
Strategy should be present everywhere and trading requires this approach more than others. It is necessary to develop a strategy and stick to it if you want to win always. My strategy is not to have strong emotions when trading
If you're going to trade, this is a conservative and wise way to do it. So keep it up!
You preserve your principal investment by only selling off profit and then you're only using profit for future investments (bets), which keeps your risk lower. And if you were to have bought in at $3900 and then the price goes to $2900 you should busy some more. And if it falls to $1900 you should buy some more. And if it falls to $900 you should buy some more. And if it falls back to the low hundreds you should back the truck up and buy a load!
You preserve your principal investment by only selling off profit and then you're only using profit for future investments (bets), which keeps your risk lower. And if you were to have bought in at $3900 and then the price goes to $2900 you should busy some more. And if it falls to $1900 you should buy some more. And if it falls to $900 you should buy some more. And if it falls back to the low hundreds you should back the truck up and buy a load!
I have a technique. i figured out last day and i want to share it with you. i make my self think and feel the corresponding negative emotions that ive been through simply it is the process learning by mistakes and i do something when i make a mistake every time. maybe we are not supposed to success in other things but continue your journey and you will found it .
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 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.
I agree. And unfortunately, timing is the most difficult thing to actually do in this market because the market and its assets just moves so very fast that it's hard to keep a close eye on it, especially if you are only a part-time cryptocurrency users. The only people who has the chance to do this are those that are full-time cryptocurrency venturers. Another difficult thing to do here is the idea that being objective at almost everytime is hard to do, we're people after all.
If you're going to trade, this is a conservative and wise way to do it. So keep it up!
You preserve your principal investment by only selling off profit and then you're only using profit for future investments (bets), which keeps your risk lower. And if you were to have bought in at $3900 and then the price goes to $2900 you should busy some more. And if it falls to $1900 you should buy some more. And if it falls to $900 you should buy some more. And if it falls back to the low hundreds you should back the truck up and buy a load!
You preserve your principal investment by only selling off profit and then you're only using profit for future investments (bets), which keeps your risk lower. And if you were to have bought in at $3900 and then the price goes to $2900 you should busy some more. And if it falls to $1900 you should buy some more. And if it falls to $900 you should buy some more. And if it falls back to the low hundreds you should back the truck up and buy a load!
I have a technique. i figured out last day and i want to share it with you. i make my self think and feel the corresponding negative emotions that ive been through simply it is the process learning by mistakes and i do something when i make a mistake every time. maybe we are not supposed to success in other things but continue your journey and you will found it .
Such as the price drop to buy, rise on the sale, everyone understand this truth, the question is, who knows tomorrow it up or down?
Crypto experts do give a good direction in this matter. Honestly, I have been following their words for a year now and all they fail in is telling the exact peak of any phase but if they say that coming month is going to turn the market green, it happens. April was expected to give some boost in value of bitcoin and this happened. Now it is though that bitcoin will be surging up till the month of July. 
I think if we become a bitcoin fans then we should always think of the future and never sell when the price is cheap, even though I really need the money but I always persist not to sell bitcoin because I'm sure that the future of bitcoin will continue to improve.
The best and the wisest thing in bitcoin is with hold, when the price goes down and we also sell bitcoin then the price will continue to drop, by resisting the power of the seller then we can keep the price stable.
The best strategy for your bitcoin is to hold it in a long time and perfect timing until the price grow higher. We need to be patience if you do investment because this is the key to get more profit and benefits of the money you put on it. Just wait and saw everything will be change as long as you will do it until the end of your journey in life.
Such as the price drop to buy, rise on the sale, everyone understand this truth, the question is, who knows tomorrow it up or down?
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