A wise strategy for your bitcoin - page 24.

setupbounds

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Quote from: suvo05 on August 23, 2017, 12:36:44 AM

Quote from: zarados on August 21, 2017, 08:20:07 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.

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.

Pleione527

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Not bad for additional income. That is really the proper way of investing in bitcoin buy when it's low and sell when high but it's better if you keep it a little longer have a target date of selling so you can harvest higher income

Ewox

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I think you are doing the right with that kind of strategy because that's what I am doing with my coins as well but I only withdrawn my capital once. And yes, you should always buy them when the coin dips or at least that's what I'm doing now. This just doesn't apply with bitcoin itself but also those other altcoins that you have put on hold too.

jeraldskie11

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Quote from: zarados on August 21, 2017, 08:20:07 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.

I can say that your strategy is right because you will not losing money with your style. No matter what your strategy to gain profit on bitcoin but the important is take care of your funds for not getting lose.
I can advice you that buy a bitcoin at a very low peak to earn huge profit when its on the high.

thunderbitz2717

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Quote from: zarados on August 21, 2017, 08:20:07 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.

I think your doing and applying the short term, But the you do is also risky. Though its profitable but there's a bit danger in your action. If were you for you to minimize your risk most of your investment must be hold for awhile, though it may takes long because we don't when will it rise but at least its safe anyway. For sure you get a big reward profit soon.

cryptworld

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The easiest way is just to hold because some predictions are that bitcoin will hit 15000$ until 2025. If you have spare time your strategy is good enough for increasing amount of your btc .

BitcoinPC

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You have to come up with your own strategy and you have to come up with your own process take care of thanks. If you look to other people for their strategies that you're not going to be able to properly pull it off when the time comes. You have to understand notches what is being done but why it is being done.

Rahar02

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Quote from: mk4 on August 21, 2017, 10:36:54 PM

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.

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 is a good strategy obviously, there's no problem if initial capital is safe. Buy whenever dips happens is a good idea in order to maximize the potential to get profits. There's no loss in case of investing in bitcoin as long as you can hold it for long term, in the end bitcoin price will recover again after its price fall down, it's already been proven all this time, no need to worry about it.

yugyug

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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.

DoublerHunter

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Quote from: michellee on August 23, 2017, 01:35:48 AM

Quote from: zarados on August 21, 2017, 08:20:07 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.

i think you do the right thing and because of this, you can increase your fiat and your btc in the same time. but you need to analyze how much the price will increase and decrease so your order buy and sell can filled and of course you can increase your profit. but all in all, I am agree with your strategy and its really work for you. maybe I can take some lesson from this and mix with my own strategy. thank you for this.

There is no need to analyze the price because he is doing the right thing in trading of bitcoin and yes he is doing good in increasing his bitcoins and also the value of bitcoin in fiat at the same time so i think that kind of strategy is a good thing to follow by the newbies which can develop their trading skills too.

zarados

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Quote from: Kakmakr on August 23, 2017, 12:29:32 AM

I was just wondering. Where are you trading with 0% trading fees or did you already subtract the trading fees when you did these calculations? I have to pay 1% trading fees and withdrawal & deposit fees in some instances. I have another strategy : Buy on the dip and sell on the high, then withdraw profit and rinse and repeat until you have withdrawn your initial investment capital. < Once this is done, you cannot lose any money if this experiment fails >
You will then trade with your profits. ^smile^

well, its my bad to dont subtract fees as your mention it. though its just an example, and 1% of it are not even $1. by the way, I use Order function in my trading site, and I just have to pay 1% for order SELL, but 0% in Order BUY. Of Course I have to pay 1% for withdrawal but also 0% in deposit. So I think, it's not a big deal, while I just trading my little money. Grin

audaciousbeing

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Quote from: zarados on August 21, 2017, 08:20:07 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.

There is really no other way to go about this that you have not already done and I am not sure anyone would think otherwise but the issue here is that if you want to maximise your returns within the period of waiting time, then you should lay your hands on alt coin because the margin of change in those axis is always high and you could turn out returns faster with the right timing and of course doing it intelligently.

michellee

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Quote from: zarados on August 21, 2017, 08:20:07 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.

i think you do the right thing and because of this, you can increase your fiat and your btc in the same time. but you need to analyze how much the price will increase and decrease so your order buy and sell can filled and of course you can increase your profit. but all in all, I am agree with your strategy and its really work for you. maybe I can take some lesson from this and mix with my own strategy. thank you for this.

Oo ako to

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Quote from: zarados on August 21, 2017, 08:20:07 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.

For you to make this, you need to give a lot of your time to monitor every movement of bitcoin. And also you cannot predict if the price is going to climb at your target or vice versa. But, this is really a good strategy and you really need to be patient if you want to pursue this.

samycoin

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Quote from: Wind_FURY on August 21, 2017, 08:38:44 PM

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.

I agree with you. I think thats good idea wait bitcoin falling and then buy. So if bitcoin rise again you can get big profit.

suvo05

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Quote from: zarados on August 21, 2017, 08:20:07 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.

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?

layoutph

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Your strategy is good, but I guess this is applicable only during halving, bitcoin bubble or huge bitcoin corrections. Otherwise applying this from a normal bitcoin flow might result into some loss. This one requires knowledge in chart reading as well.

Quote from: zarados on August 21, 2017, 08:20:07 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.

Kakmakr

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I was just wondering. Where are you trading with 0% trading fees or did you already subtract the trading fees when you did these calculations? I have to pay 1% trading fees and withdrawal & deposit fees in some instances. I have another strategy : Buy on the dip and sell on the high, then withdraw profit and rinse and repeat until you have withdrawn your initial investment capital. < Once this is done, you cannot lose any money if this experiment fails >

You will then trade with your profits. ^smile^

coynedterm

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Quote from: JimmieA on August 23, 2017, 12:17:59 AM

Quote from: zarados on August 21, 2017, 08:20:07 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.

In my opinion, it's a wise strategy, but, it requires a diligence in market monitoring and a little luck. And in fact, things are not that simple, the $ 2000 / 1TC is a long time ago. With the volatility of the current market, it is quite difficult to make such a substantial and rapid profit.

Yeah , i agree with you because it is not the work for short term and simple .
Here i am not saying that it is not profitable but it is a better way to make money when you don't want to go through altcoins .
Here stretagy is fully better and also people are using it who are wise but still think that you can make profit only when the price fluctuate much ( about 500-600$ ) .
But as usual we are seeing that such types of the fluctuations only happen month to month only , so we need to wait long term and also remain active because sometimes sudden down and up happen in a small moment of time .
Well good strategy for long term holder , best of luck to make better profit like this .

JimmieA

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Quote from: zarados on August 21, 2017, 08:20:07 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.

In my opinion, it's a wise strategy, but, it requires a diligence in market monitoring and a little luck. And in fact, things are not that simple, the $ 2000 / 1TC is a long time ago. With the volatility of the current market, it is quite difficult to make such a substantial and rapid profit.

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