Topic: A wise strategy for your bitcoin - page 26. (Read 6343 times)
The strategy is very good and as we can see it is working for you. Also, this strategy is very common and people keep grabbing the profits like that way time to time. However, you will need lots of patience and right time to grab the profits. Bitcoin does not goes up and down with that much major change every time. This is same strategy or I think almost the same thing as reinvesting the compound amount into your trades or investment when you get the profits. You have to be very keen about the market movement though.
You timed the market this time and made you some profit. But what happens if the price keeps falling? That is the risk you are taking of you are trading. You can hodl some of your bitcoins and another part for trading. Or just buy the dip, it is proven profitable as well.
Yes, buy low and sell high. You can keep doing this to grow your BTC.
However it comes with risks. For example when you sell your BTC at a price you believe it is high, but BTC price keep climbing up.
However it comes with risks. For example when you sell your BTC at a price you believe it is high, but BTC price keep climbing up.
Just so you know, another dip just started, the price of Bitcoin dropped almost 10% during last 24 hours.
From around $4000 yesterday to $3724.95 currently bitcoin is started a sharp downside correction.
It is a good time to use Op's strategy and buy some cheaper bitcoins.
From around $4000 yesterday to $3724.95 currently bitcoin is started a sharp downside correction.
It is a good time to use Op's strategy and buy some cheaper bitcoins.
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 thats good. If you do that again and again it will be good for you and you will have a profit when you do it regularly thats a good choice and starts for you and for us who wants to earn and who wants to make bitcoin as our investment thats quiet good and promising choice to us. So nice choice buddy. 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.
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.
Generally what you did there is buy low and sell high. Most strategy in trading deals with this same concept and that is hope people profit from trading. You just executed that strategy that is why you profited from it. If you consistently do this then you would really profit really good, however, the price when to buy and sell is totally hard to predict, either you were lucky in your buy and sell or your were good at it.
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.
This is not the new stretagy of the trading in bitcoin price fluctuations but i am using this trick from long ago and also my big big traders friends are using this trick .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 a trader it is a tedious job to handle the price fluctuations , so if they bought at high then if the price get dummped then they need to buy a small fraction of the bitcoin again , And if again get down then they can again buy small amount to make the average of the price of the bitcoin at which they bought .
So use this trick to grow your bitcoin amount that you have , but here don't forget to make trading with this amount of the bitcoin with big coins because fluctuations in these days we are seeing in the bitcoin with only mostly increase and very small down ,so this is the trick to make money with long term hold of your btc .
But if you can make buy of altcoins with your bitcoin then you can easily make big earnings.
Best of luck
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.
You are doing right with your bitcoin and that is a good strategy to grow bitcoin and that is what you called trading, just keep doing it and don't forget to analyze the chart or market by reading some news for fundamentals and also study chart for technical analysis and you will come up with a better trading strategy. As a newbie trader you are doing good with your bitcoins so keep it up.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 note book. But I hard to know how to analyze the price in the market. Can you explain to me?
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.
It is good that you keep on using your initial 750 dollar investment to profit but using that strategy with less risks, it will take you some time to profit. If you want you can add a little more on your initial investment for you to be able to earn more too. It seems that you are an experienced trader so keep it up with your strategy, I will find some time to try it too. I tried trading through altcoins before but I barely got a profit, I almost lost my investment too. But experience is the best teacher, and this is how the best strategies are made.
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. On the other hand, you can also go with less capital but the comparatively higher risk (i.e -leverage), in that you will be getting almost same returns but the probability of loss is more in that case. I think the wise strategy should have balanced risk while trading.
You have a strategy, for me it seems good... You are always preventing yourself to don't get back less than you used to buy the Bitcoins. Doing this you don't need to worry about losing money, as you only sell BTCs if you are able to recover more than the fiat amount invested and you have always some BTCs stored that you never sell, holding for the future.
It's good to put more fiat money on it too when BTC price drops too much, meanwhile maybe an online investment...
It's good to put more fiat money on it too when BTC price drops too much, meanwhile maybe an online investment...
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.
From what I understand you are treating Bitcoin like stocks, but at every dip sell at every high while this is a nice strategy, you sold at 4100 while Bitcoin went way above 4500+ you can calculate the amount you missed, the only problem with your strategy is you will always be in a hurry to sell and you may miss the bull rides often. I would suggest not to sell them, keep on buying at dips and continue make a average.
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.
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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.well, I've say it before, I'm not watching the price, because though its goes down deeper , it'll come back where its belong,even more. you know it, I know it. Others know it.but I'm watching my bitcoin quantity, So , As long as My Bitcoin quantity increases, I'm seeing it as a positive movements.
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.
Nice strategy. I think with this method you can continue to roll your bitcoin and can probably make at least 1BTC later. I have similar method that I used but now I don't to trading because of prior job because for me you need to focus on trading so that you can already make a good profit out of it. But just like what other's have said, you need to have a perfec timing but it seems you have a lot of time in your time so this strategy perfectly fits you mate. Goodluck and I hope you earn 1 full BTC in the coming months.
Right now the price is dipping, perfect opportunity for you to get in now.
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's what we call investing. You will use a capital to invest and when there's a return of investment, the profit will then again be used for another investment, in that way, your money will grow continuously. So you are really doing great, and nothing's wrong with it. The market value of Bitcoin increase from time to time, so you don't need to worry. 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.
It is a 'good' strategy, I guess.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.
But, you really have to enter the market at the right time.
Just a bit late, you'll lost lots of your money.
But with your strategy, I don't think that it'll always work that way.
You still need to learn how the market goes. The market won't move just like you want them to.
It looks like you are doing well; however, my only advice is to be careful....the market is unpredictable. Practice a sound money management strategy and never put your whole bankroll at risk with a single investment. Right now the bitcoin market is running good so your strategy is paying off....the markets change very rapidly---> don't chase your losses and don't get caught up in the hype when the markets flip.
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.
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.
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 good, you are in fact storing your profit in bitcoin.
it is not an easy thing to do but if you are only trading when the market is at its most predictable state, you will be good.
my strategy is somewhat similar to this. i do it with altcoins. i invested a fixed amount of bitcoin and then each time i make any profit, i take that profit out to my bitcoin cold storage and keep that initial amount still in trades.
it is not an easy thing to do but if you are only trading when the market is at its most predictable state, you will be good.
my strategy is somewhat similar to this. i do it with altcoins. i invested a fixed amount of bitcoin and then each time i make any profit, i take that profit out to my bitcoin cold storage and keep that initial amount still in trades.
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