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Topic: Bitcoin trading secret that professional will not what you to know. (Read 898 times)

full member
Activity: 770
Merit: 126
Everyone know that buying low and sell high is the only way for one to make profit. But the fundamental question is that, at which point can one  take it as low? In trading crypto currency it is not easy identify when the market has reach the minimum down level. Just like the current bitcoin downward movement, no one can say whether it has reach the lowest decline for one to buy. And that is the most difficult things for a day traders.
full member
Activity: 854
Merit: 140
The ad online and on social medias  are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and  others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
So when the btc market crash for short period time like now, do your trade still working with limited fund? And can u see the low yet for the price now? Looking to learn from professional trader like you to gain some experience  Grin Grin
legendary
Activity: 3318
Merit: 1128
Professional traders don't get panic at any time.They do just two or three trades a month and earn more profits than newbies who do atleast thirty trades within a month.They follow each and every movement of the market and judge correctly when the price would rise and fall and decide according to it.They don't even pay attention to FUD and don't follow the market blindly.They do their own analysis.You could even follow the rule given by warren buffet,"Buy when every one is selling in panic and sell when every one is buying".
That is right. Professional stay calm under all sorts of situations because they have this fact in their minds those things won't remain the same forever.

But in order to become professional, we need to be a noob first, we need to make mistakes and learn from them. There will be hardly someone around here who has not panic or faced no loss.
hero member
Activity: 924
Merit: 512
Nothing seems to be a secret for users who have gained good experience. With bitcoin, experimenting with small capital investment will get us profit along with good knowledge about the price moves. This will help us grow higher and reach next levels of advancement. At the same here too, the professional secrets don't play big role, but the luck plays an major role.
Yeah there is no secret at all which professional. It’s all about the experience, market intelligence and a little bit of luck for the user that enables him to get maximum profit he can gain. So, one should start from a minute capital investment and then go for higher investing options and start trading by using his intellectual experience.

Luck is not a part of trading. This luck can be compare with the gambling only. If you are experienced in the trading you will have a tactics to set the trade value on everyday. You will check the price in the chart and you will follow the simple law in trading. Buy the bitcoin in high amount when the price dumps and sell it out when price bumps.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and  others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
Are you sure about this? I have never heard such claims from anyone else before.

I think its quite important to read trading chart and follow news/fud/hype about a coin which you want to trade before making any trading decision. How you determine buy point and sell point without reading charts.  Roll Eyes
legendary
Activity: 3374
Merit: 3095
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Buying low and sell high is just a basic.. but its not only just like that in trading you need to added some secret sauce in order to make a good profit for every time price movement increase or decrease you should know about how much bitcoin or percentage only you sell and don't sell them all because you don't know if the price will increase more or not. if you are just follow the basic strategy buy low and sell high expect that you will never buy back again if the price is continues to increase and you will wait for the huge dump before you can buy it is just like whales doing they are giving fake news and let other people to panic sell so that whales can buy a good price of bitcoin and sell them if they already made a good profit.. just portion of your bitcoin when you are selling is enough and save profit and if the price was increase you still have bitcoin to sell ..
hero member
Activity: 742
Merit: 500
Professional traders don't get panic at any time.They do just two or three trades a month and earn more profits than newbies who do atleast thirty trades within a month.They follow each and every movement of the market and judge correctly when the price would rise and fall and decide according to it.They don't even pay attention to FUD and don't follow the market blindly.They do their own analysis.You could even follow the rule given by warren buffet,"Buy when every one is selling in panic and sell when every one is buying".
member
Activity: 122
Merit: 12
The ad online and on social medias  are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and  others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
Buy low sell high is the formost basic needed in trading. Like you said that candlesticks ,macd etc that is the more needed to be learned by a trader.
honestly im almost 6-7 months doing a trade but i didn't heard it until i read that in some mentions in some replies.


How much did you make after your 6-7 months?
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
The ad online and on social medias  are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and  others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.

Yes Idrisu, i knew about this principle and even i follow this rule of Buy the low and sell the high in every trade i place. I have been working on this principle quite few years and even i  have been making decent money. The only thing you need to look after is your emotions and discipline,if that is good then even a simple moving average works well provided you know it in detailed manner.You said true,i agree with you that professional are trying to misguide us by introducing many various things, but we need to control us and follow the simple rule of buy low sell high.Trading is simple so we need to follow simple rule than going for complex rules.
jr. member
Activity: 59
Merit: 10
Lol that's easy to say Tongue But those instruments actually are for helping you to know when is high or low.
full member
Activity: 854
Merit: 140
How to tell "high" from "higher"? That is tricky bit. This strategy is fully dependent on the trend of BTC going up. If it would go down of longer period your strategy won't work.
Now this is a good question, how to define that traditional strategy. If you are a long term investor then buy low and sell high will definitely do you a favor, and also i tend to buy higher when the price breakout a psychological price, why not compounding when you are riding the trend?

you've never lost a trade using that "strategy" because you're in a BULL market

when Bitcoin matures and volatility will decrease you will most likely find it more difficult to make a profit..
And this is also the truth, since its the bull market and the price most likely will go up then any buy position will definitely make you some profit and its only depends on when. When will the bulls stops? Until then i think you better gain more experiences in handling the market. Cheers !!  Grin Grin
member
Activity: 126
Merit: 10
you've never lost a trade using that "strategy" because you're in a BULL market

when Bitcoin matures and volatility will decrease you will most likely find it more difficult to make a profit..
legendary
Activity: 1232
Merit: 1029
Nothing seems to be a secret for users who have gained good experience. With bitcoin, experimenting with small capital investment will get us profit along with good knowledge about the price moves. This will help us grow higher and reach next levels of advancement. At the same here too, the professional secrets don't play big role, but the luck plays an major role.
Yeah there is no secret at all which professional. It’s all about the experience, market intelligence and a little bit of luck for the user that enables him to get maximum profit he can gain. So, one should start from a minute capital investment and then go for higher investing options and start trading by using his intellectual experience.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Nothing seems to be a secret for users who have gained good experience. With bitcoin, experimenting with small capital investment will get us profit along with good knowledge about the price moves. This will help us grow higher and reach next levels of advancement. At the same here too, the professional secrets don't play big role, but the luck plays an major role.
full member
Activity: 980
Merit: 114
Candlestick formation is to inform you if the price is high or low based on its formation over time. If you know when to buy cheap and when to sell high without following some indicators it then mean one is a wizard in trading. Buying low and sell high is one of the trading secret but you must understand that for you to buy low technical indicators is what gives you alerts of what is about to happen and the position of pricing.
sr. member
Activity: 291
Merit: 250
I loose quite lots even using slow trading,
currently I prefer to buy promising token and I HODL it.

The secret is actually to predict the mass response to update/news
sr. member
Activity: 462
Merit: 250
The ad online and on social medias  are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and  others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.

I don't think you have said anything new. Buying low and selling high is the basic method of trading and make money. What rocket science in it and why would an adult will not know this? Everyone knows this basic method of buying low and selling high.

The other things like candlestick, stochastic oscillator you have mentioned are not part of trading. Rather these are prediction model for the traders. These are used to speculate about the market dynamics and nothing else. Of course, technical analysis is not a must have knowledge for traders but it is a good to have knowledge.
Professional traders will not definitely say their secrets. The buy cheap and sell high is the common term we use to say in trading and what newbie don know is the advance tools or analysis use to have a better prediction.
Candlesticks and other is part of trading and it is use especially for the professional traders.
sr. member
Activity: 406
Merit: 250
The ad online and on social medias  are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and  others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.

I don't think you have said anything new. Buying low and selling high is the basic method of trading and make money. What rocket science in it and why would an adult will not know this? Everyone knows this basic method of buying low and selling high.

The other things like candlestick, stochastic oscillator you have mentioned are not part of trading. Rather these are prediction model for the traders. These are used to speculate about the market dynamics and nothing else. Of course, technical analysis is not a must have knowledge for traders but it is a good to have knowledge.
legendary
Activity: 2576
Merit: 1655
Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.

This is quite effective when you are slow trading (i.e buy at x price today, and sell at y price next week/month), but not so much if you are day trading - blindly buying yourself into whatever level will then result in severe losses. Slow trading and day trading can't really be but in the same category, as the latter mentioned requires a well balanced combination of proper market understanding and analyzing skills, and we shouldn't forget that luck is involved as well. That being said, even this slow trading method is something that a lot people don't seem to get right. Emotions are people's worst enemy when it comes to trading, and this will always play an important role for a lot people here - it makes even the most simple things a massive obstacle for them.

I agree, this is more of a investing for long haul rather than day trading. Usually, day trading requires a lot of risk in the side of the trader because you have to monitor even the small price fluctuations to really profit otherwise you will be trap as well. So you have to thoroughly study the market before making your move. So its very tricky. However, "buy low sell high" is still the norm and have been followed by almost all of us, including me. Its just get complicated one you gain experience and look at the graphs like candlestick, stochastic ossilarator and other indicators as the OP has mentioned. If you don't like things to be very complicated on your end, just stick to the old adage of Buying low and selling high.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
the reality is that reality is morphing all the time.
high today is not high tomorrow
anything can change.

many things are easier said than done.
sometimes what is there is there and enough

it's a matter of dancing with the energy.
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