Topic: A wise strategy for your bitcoin - page 23. (Read 6343 times)
That s a strategy? How is this a strategy? For your sake, I hope you re not over 14 years old.
Unless you are a true genious with lots of luck nothing will work better than buy and hodl as long you can.
You can definitely improve your skills of technical analysis which will help you take a decision about forecasting of the price in future. According to the movement you can buy/sell and trade the coins accordingly so that even when there is a fall you sell it and but at dips which will earn good gains considering the big swing which happens in btc price movement.
Also you can hold some coins for long term and it will yield you good gains as price is rising continuous now.
It is a good strategy to buy low and sell high, but what will happen if you buy low and you have to wait years for that high to come? Someone here told you to "buy the dips", I am telling you to "buy and hold". In simple words each month, invesr 10% of your earnings in bitcoins (or other promising alt-coins) and never sell them. In 3-5 years it the price will increase you will be rich. Very simple isn't it? (invest 5-10% of your earnings and hold for 3-10 years).
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.
Good strategy friend. I will also try to use the strategy you use. But at this time my capital is so small so i will try to apply it in altcoin.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 that is one of the strategy that im using in trading in altcoin. It is really working pal only if the price pumps and it dumps , though in altcoin i takes weeks or sometimes days just it depends on the coin that you choose. Try to choose those coin that is very active in market , just take watch the history so that you do have backgrounds on it
Unless you are a true genious with lots of luck nothing will work better than buy and hodl as long you can.
Yeah basically op is just doing the swing trading with addition of compounding each time. Thus is good practice to follow if one wants to earn from zero. Thus strategy just takes your investment for the first time, gives you returns back and the money which was extra profit so called compound amount is traded back into the bitcoin for future growth.
It is slow but it works with assurance.
this is like trading in stock market focusing on single stock, this strategy is good but need timing and patience and controls emotion. it was a very good opportunity when you buy 750 usd @2000/btc which is .375 then sell the half when the btc inflates @4000 usd/btc. this is what some stock traders do their trading strategy, but the best recommended strategy is you diversify your btc trading like btc-eth , btc-neo or btc-eos or other alts that has a good performance for the past couple of weeks.
Timing is a key feature in trading in short its the one important factor to be considered and its tldue to the volatility nature of the situation of things around. crypto and that is what made OP successful in his activities and tat could change with a twinkle of an eye and that profit would slump into loss.
That's very doable, you must have a good sense of market timing to sustain that, you may be doing day trading for a significant amount of time considering the price volatility. But in my opinion, it is kind of hard to maintain that strategy, you will come across a lot of market FOMO. Like when you sold at certain price and had a little profit but then it pumped few minutes after and next thing you know you'll never see the previous lows anymore not in a bullish momentum.
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.
Good strategy friend. I will also try to use the strategy you use. But at this time my capital is so small so i will try to apply it in altcoin.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.
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.
There are many strategies and techniques for us to earn many money. My strategy is simple : I buy bitcoins if the price is low and I sell it if the price is high. I always do that and I am happy because I earning big amount of money. 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.
Unless you are a true genious with lots of luck nothing will work better than buy and hodl as long you can.
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.
Good strategy friend. I will also try to use the strategy you use. But at this time my capital is so small so i will try to apply it in altcoin. 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.
Sounds simple enough, right? But that's actually easier said than done.
There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?
Luckily, everything you say is still in the "if" circle, and I have not experienced it, I do not expect it that way. I know and you know, if the price goes down, then all we need to do is buy more or in bulk. Because bitcoin will always go back up. Am I right?. So, if a huge dump occurs, I will increase my capital, and buy in large quantities.
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.
Yes this is the normal trading, but also you can try to trade for Altcoins, it can 8x your money. Example is the OMG coin, August 1st price was $1.32/coin and on August 17, it went to $9.28/coin. But choosing the right coin to buy is like a gambling, so goodluck.
I think the way you do it is true, but I suggest you are not too brave to buy at a high price unless you are really ready to lose. You just need to put when buying more accurately.
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.
Yeah that's the pretty much the best strategy to use for casual investing in BTC. I also did the same thing, it's easy and relatively safer and after one sale when you break even then you have nothing to worry about as the BTC you have are essential just free money. So you wouldn't be very upset even if BTC died tomorrow. If you are just looking for some small profit and want to hold BTC then you can continue with this strategy. 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.
Sounds simple enough, right? But that's actually easier said than done.
There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?
Luckily, everything you say is still in the "if" circle, and I have not experienced it, I do not expect it that way. I know and you know, if the price goes down, then all we need to do is buy more or in bulk. Because bitcoin will always go back up. Am I right?. So, if a huge dump occurs, I will increase my capital, and buy in large quantities.
Sounds simple enough, right? But that's actually easier said than done.
There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?
i think its worth if we are still hold even if the price is down and not panic. but if you want to sell while the price is down then I can suggest to you to make an order sell in one range and you don't have to always watch the market. if the price is up until your price then your order is filled without you login into your account.
Sounds simple enough, right? But that's actually easier said than done.
There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
,yeah totally agree, its sounds good to me when you are actually at the right timing and always keeping an eye at the market price, but what if you cannot watch all the time? it is not that you are always sticking around in the corner and just watching the price, does it even sound boring or as what have he said what if the price suddenly goes down but you bought not at the lowest? you'll probably panic sell or much wiser if you hold it then wait til it pumps back.There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
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.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.this has caught my attention, then how do you handle this situation? I know there are flaws, will you still hold? what if it totally down to the deepest dip? how do you handle it?
My wise and only strategy in Bitcoin is by not shelling out money for it. This makes me invest no money and therefore no risk of losing my money. What I invest more is my time. Time on joining and participating in signature campaigns to earn some extra Bitcoin. With that, I can easily become an investor of Bitcoin without buying any. What that my strategy makes me earn Bitcoin that I can sell when the price is high. Only time has been invested but it is not actually that hard because I can do Bitcoin posting in my spare time after or before work or weekends.
So far you have done well . And market goes as your expectation . what would have you done if market price were not drop to $3900?
Obviously, he will keep his bitcoins and wait until the dip occurs again. If you are saying that the prices will keep rising and will never dump again, it does not gonna happen. On the other hand, even if this was the case, he would be still earning huge profit by doing nothing. He has some good trader skills.He's Right, I'm focused on my bitcoin amount, not the price. So, if I sell some of my btc at $4100, I'll buy back again when the price below it. Maybe at $4000 or $4050. This is crypto currency and this is bitcoin, there will be always a fluctuatuion.that was One of its character, and thats why, many people love it. Because with its fluctuation, you can earn more profits.
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