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Topic: Best strategy for crypto trading - page 6. (Read 1277 times)

legendary
Activity: 2338
Merit: 1084
zknodes.org
February 03, 2022, 12:27:03 PM
#86
This is the right fact, trading has no permanent strategies that can be used repeatedly and they don't have the same movement in the past.
We should learn how they will move and set an analysis and strategy on it. But there are two analyses that were never faded and it seems these are the best analysis until now. Its technical and fundamental analysis.

You can set a strategy in a whole year, you can use it maybe at once but it will not happen again or I don't believe that there's a strategy in trading. It's all analysis and study about the movement but we don't know that actual outcome.
Technical and fundamental analysis is no longer the best analysis, but patent analysis and should be known by every trader. Without technical and fundamental analysis, traders will not be able to predict future prices. Analysis that is just guessing is no longer called analysis, it is just trading without any knowledge and is more like gambling with price guesses.

Studying technical analysis and fundamentals will give you a lot of knowledge about how to trade well and apply what strategies are suitable for your trading style.
legendary
Activity: 3332
Merit: 1191
February 03, 2022, 11:35:15 AM
#85
To be honest, sometimes different strategies can work out situations in different ways. Much depends on the market situation.

Everything depends on the market situation, even more on what we did before some big turn! How many of us got surprised with some crazy turn? Not once or twice, to some of us, this happened many times over the past years!
So the best strategy in crypto trading is to stay calm when the storm comes! For me, that's the hardest part... there are different strategies, but if we don't have a peace in mind we will probably make a wrong move, been there done that, so now I am trying to keep myself from negatives when market is bearish, better days will come, as a long term trader I know that patience is everything!
full member
Activity: 1708
Merit: 126
February 03, 2022, 09:49:50 AM
#84
I'm continuously trying to learn technical analysis so I would know when to apply the basic strategy which is to buy low and to sell high. It might sound old yet it's still effective especially if you're trading a good coin. Knowing when to buy, hold and sell would be a big help so having enough knowledge about trading is still an edge.
member
Activity: 252
Merit: 10
February 03, 2022, 09:01:42 AM
#83
Bitcoin was paired with a little Latkan a long time ago. It's hard, but when it comes to stable coins, the task becomes easier. Here is the best strategy. The most experience.  What you sell is up to you. You have to look at it when you buy or sell. It's up to you. You have to take care of it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 03, 2022, 01:02:45 AM
#82
If someone is already a professional trader I think it's fine to make short term trades, but on the other hand if you are still a beginner of course it is too early and risky to engage in short-term trading, apart from that, it all depends on each person
Most newbies will fail at short term trading only because of lack of experience in speculative trading and I dont think professional traders fare better though, those people became professional traders not by being able to trade without losses, but know what to trade on and when to. Day traders get washed away in a couple of weeks while long term traders usually have a vision and understand the movements in this economy in order to place long term orders.

Also in short you are more likely to pick up some worthless shitcoins. Newbies often do that after watching youtube for trading "tips". It is better to trade on the fiat markets than do that. Roll Eyes
sr. member
Activity: 1582
Merit: 253
February 02, 2022, 09:19:09 AM
#81
Some people are good with day trading, some people are accurate with swing trading and many best traders are in long term trading, it depends on the user since different time frames shows different signals. I'm good in day trading and looking at 15mins to 4 hours charts and since I'm kind of trader that doesn't want to trade and wait for a long time day trading strategies are fit for me.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 02, 2022, 07:56:24 AM
#80
I have no specific strategy in trading, it can be varied and different depending on the situation. Sometimes I use day trading if the market situation looks good, but I can change it to scalping if I am not sure about the price moves in crypto coins. Each strategy has advantages and disadvantages, so we must be careful to choose them since the effectiveness depends on the market situation. So, please remember that there is no perfect strategy in crypto trading, choose a strategy according to the need or depending on the situation.
There are the common strategies but those strategies really vary and depends on the output that they show. If one isn't perfect and effective to you, you have to get rid of it.

Those that have been doing with day trading and they're good in doing TA, they're likely the ones that survive with their everyday life in trading. It's true that there's no perfect strategy but whichever the strategy that you've seen that's very promising with your style, use it.
hero member
Activity: 2520
Merit: 783
February 02, 2022, 07:41:19 AM
#79
Many ways to make money in investment like trading and holding. Trading Isn’t easy. When you start trading then you need to know about good trading and skill.i am suggested to Newbie best for holding. Beacuse newbie trader should buy most valuable coin and hold long time i hope they will get good benefit from it.Greedy mind and impatient and panic seller lost their money in trading.

To acquire skills it takes a long time before we get it and we might face many challenges and money lost for the actions we made but what most important thing their is we learn about what we encounter since from that we will be a good traders if we put all in our minds on what possible scenario we possibly see in certain times in the market.

To be greedy is normal knowing we really want to gain more from it but for sure once we lost any amount for that action we will be more careful on our next trades.
full member
Activity: 2548
Merit: 217
February 02, 2022, 05:16:36 AM
#78
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
When i was still trading? my only strategy is not to become greedy and not to become ambitious because this leads me to making wrong decisions in the past.
now that I am done with trading ? the only strategy i use is Holding and i believe that you can adopt this also if you want a safe and manageable investing here in crypto.
remember that never Daytrade if you have no deep knowledge and no enough capital to risk.
jr. member
Activity: 42
Merit: 27
February 02, 2022, 03:12:51 AM
#77
My personal strategy is quite simple.
Buy above blue line: https://de.tradingview.com/x/BeinhhN8
Buy above blue line: https://de.tradingview.com/x/JUxQg3ZL

That’s all. Pretty simple I think.
My win rate is around 80% with my risk management.
full member
Activity: 1330
Merit: 100
C O M B O
February 02, 2022, 01:35:02 AM
#76
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
I have long stopped from day trading and prefer to long term, especially when market conditions are bearish then it is a good time to start collecting some coins with good potential.
Not giving a good win rate does not mean it does not provide profits, right? Maybe your win rate isn't great but if you can consistently get it isn't it better?
Perhaps the best advice is not to be greedy which is very likely to make you lose a lot.
Depend with income by trader, maybe you can get other way with your income like have staking coin or have side job and you can earn money every day, but some one only have trading as income and earn money so they only keep use short term or daily day for trading. I think is very good with long term trading and percentage profit is the same with daily trader usually have more profit with long term trading than short term or daily day trading but they not have other option with income for every day.
If someone is already a professional trader I think it's fine to make short term trades,
but on the other hand if you are still a beginner of course it is too early and risky to engage in short-term trading,
apart from that, it all depends on each person
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 02, 2022, 12:57:20 AM
#75
I think information works for everyone. It just depend on how you make analysis.
Everyone has the same information. The difference is how we use it and how much of a positive mindset approach we take.

Quote
The most precious thing in crypto trading is experience of recycling the information. 
Not sure what you meant by that but recycling the money in the bull-bear cycle is important.

Quote
imagine, its not just about strategy, in this process, every field of social-economical and political aspects are involved and you must be up to date about that.
Not necessary though. If you try to search for every answer to every market movement, you will get zero answer and waste your time. Rather you have to know how you perform best. When the market is dropping in price, buy it and when it is rising in price sell it. Keep track of your older buy/sell orders to track the net profit and continue cycling the money. That way you make the profit and the society can do whatever it wants, it would not matter to you. Wink
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
February 02, 2022, 12:07:52 AM
#74
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
I think for day trading it is difficult to maximize profits with market price conditions that move quickly, because it requires careful decision making.
for tricks and strategies I use a common strategy but what needs to be controlled is the emotion not to be greedy and also the accuracy in making decisions.
and the most important thing for day trading is to choose a coin whose daily movement we can know.
sr. member
Activity: 2100
Merit: 309
February 01, 2022, 11:27:39 PM
#73
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
I have long stopped from day trading and prefer to long term, especially when market conditions are bearish then it is a good time to start collecting some coins with good potential.
Not giving a good win rate does not mean it does not provide profits, right? Maybe your win rate isn't great but if you can consistently get it isn't it better?
Perhaps the best advice is not to be greedy which is very likely to make you lose a lot.
Depend with income by trader, maybe you can get other way with your income like have staking coin or have side job and you can earn money every day, but some one only have trading as income and earn money so they only keep use short term or daily day for trading. I think is very good with long term trading and percentage profit is the same with daily trader usually have more profit with long term trading than short term or daily day trading but they not have other option with income for every day.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 01, 2022, 10:40:01 PM
#72
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
I have long stopped from day trading and prefer to long term, especially when market conditions are bearish then it is a good time to start collecting some coins with good potential.
Not giving a good win rate does not mean it does not provide profits, right? Maybe your win rate isn't great but if you can consistently get it isn't it better?
Perhaps the best advice is not to be greedy which is very likely to make you lose a lot.
full member
Activity: 2520
Merit: 204
February 01, 2022, 08:05:15 PM
#71
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
You have been posting in trading section for more than 5 years now yet knows nothing about those basics? seems like this is just a joke lol.

______________________________________________________

the only thing that i will advise you is Not to be greedy , and only put your funds that can be risked or lose , this will save you in further investment and holding .
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
February 01, 2022, 06:59:27 PM
#70
I have no specific strategy in trading, it can be varied and different depending on the situation. Sometimes I use day trading if the market situation looks good, but I can change it to scalping if I am not sure about the price moves in crypto coins. Each strategy has advantages and disadvantages, so we must be careful to choose them since the effectiveness depends on the market situation. So, please remember that there is no perfect strategy in crypto trading, choose a strategy according to the need or depending on the situation.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
February 01, 2022, 06:07:40 PM
#69
Hello guys what's your best and accurate strategy when it comes trading crypto?
After understanding the basics of trading, the first strategy for me myself is the only trading coin that I really know. I mean that I am not capable of the trading pump and dump coins or hype coins. That is why I will prefer to not trade it as the first strategy.
Additionally, if we are new enough, please be wise, not to use margin or leverage or future trading.
Always knowing the fundamentals of the coins that we are trading on is also important if we are trading in the spot market, so, if the price goes dumped suddenly, it still has the hope to rise again.
I sometimes also set CL to minimize loss, but not too often because still prefer to hold the coins when it drops.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
February 01, 2022, 05:46:44 PM
#68
The king of all trading strategies in my own opinion has to be order block trading or the smart money kind of trading as to be the best as this ignores all sorts of noise on the charts and pretty much sees a move 2 steps ahead which is one that we all need to master.

Trading Breakouts, using trend lines only works with certain assets and on certain timeframes otherwise this has too many fake outs which equates to manipulation.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
February 01, 2022, 05:02:46 PM
#67
This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
Well, how is it going now?
Reading is not enough that you will learn in trading, you need to execute it by yourself to have a better experience.
in my own opinion, there is no trading strategy because it is made us actual in trading, the market which moving alive and the price is unpredictable so how would we know the situation headed at. Knowledge could be the right tool to have in trading and avoid possible loss.
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