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Topic: Bitcoin trading strategy (Read 13698 times)

sr. member
Activity: 586
Merit: 250
October 16, 2017, 06:05:29 AM
Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results

Yes agree it is an easy thing and mostly done all traders, but I think the courage of speculation is the most important because if not dare speculation then we will be silent and just analyze.
sr. member
Activity: 336
Merit: 250
October 16, 2017, 04:50:32 AM
same as other trading practices, you should buy low and sell high same concept with BTC
newbie
Activity: 42
Merit: 0
October 01, 2017, 06:08:34 AM
Bitcoin is a cryptocurrency trading strategy that can be used trading all the important cryptocurrencies. Actually, this is an Ethereum trading strategy as much as it’s a Bitcoin trading strategy. If you didn’t know Ethereum is the second most popular cryptocurrency .
The best Bitcoin trading strategy is 85% price action strategy and 15% a cryptocurrency trading strategy that uses an indicator.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 04, 2017, 02:38:46 PM
Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
The same with my strategy, first of all I will choose the volume of which altcoin market is bigger Because it will determine the fast / slow process filled order. Then I will see the last 1 week price movement, then determine what you should do to buy at what price
That is what i am applying right now, i am buying a lot of altcoins because i saw that the market is on sale and bought some altcoins because of their cheap price compare to the fast few days. I only set the chart to 1 week or 1 month then i will just look if the chart is going down or not and i will also look to the RSI of the coin to see if it is best to buy or wait. It always works for me and i think that is one of my effective strategy.
Like any strategy there are risks, your strategy is good since it can give fast results and obtain nice profits but if you buy when there is a dump you could be left as a bag holder or sell for a very bad price so like you see, you are taking a huge risk by following that strategy but if you are careful and have the right experience you can pull it off.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 01, 2017, 08:31:25 PM
Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
The same with my strategy, first of all I will choose the volume of which altcoin market is bigger Because it will determine the fast / slow process filled order. Then I will see the last 1 week price movement, then determine what you should do to buy at what price
That is what i am applying right now, i am buying a lot of altcoins because i saw that the market is on sale and bought some altcoins because of their cheap price compare to the fast few days. I only set the chart to 1 week or 1 month then i will just look if the chart is going down or not and i will also look to the RSI of the coin to see if it is best to buy or wait. It always works for me and i think that is one of my effective strategy.
sr. member
Activity: 994
Merit: 302
July 01, 2017, 08:14:39 PM
Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?

That's why it's all about risks and facing it the moment you invest on a coin.

We are the one who will build our trading portfolio and not by the suggestions of others. To make profit, create an own analyzation about what coin you will invest. It's our duty to make our plans be better and will run for long term.

I'm afraid I'd fudge it. There are so many coins out there, I don't even know which to start researching first.

Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?

Knowing what will be the next coin to pump is not that necessary. You need to know it by yourself and update every single coin that gets your interest. It's not that hard to read a single article about that coin that you think has the potential. I guess 5% pump is already good for you to sell and it is not that hard to look for that coin.

I still get confused with the chart in Poloniex. Are there any indications that can be looked for to see if an alt is about to be pumped? Cause the coins I bought before, they are usually just flat line and then boom, sudden spike.
legendary
Activity: 1372
Merit: 1008
July 01, 2017, 07:20:06 PM
Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
The same with my strategy, first of all I will choose the volume of which altcoin market is bigger Because it will determine the fast / slow process filled order. Then I will see the last 1 week price movement, then determine what you should do to buy at what price
full member
Activity: 168
Merit: 100
July 01, 2017, 07:05:47 PM
Very simple once the principles that I run in trading both bitcoin and altcoin, I will first read the MACD charts, to be able to know the direction of where the market, the second look the coins are down the price, with a note select a large volume coins, usually I am trading for weekly Can get results
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 01, 2017, 07:01:45 PM
When i was on trading i buy low and sell high but i cant take it anymore sometimes theres a time were the bitcoins are high and theres a bitcoin that low price of course im not the only one trader theres so many trader so its hard to sell it and get a commision with a great interest
You need a strategy other than buying at a low price and selling it at a high price. Often serignlah stop at traders forum there are many science you can get there. Because trading is not just about buying at a low price then selling it at a high price. Because maybe the price goes down after you buy?
That would depend on what you like to do, you could sell immediately to avoid further losses, but the problem with trading that way is that you will have to pay lots of commissions by buying and selling in such a short time frame, if you hold you avoid the commission but you risk to lose a lot of money if the price dumps just after you have bought.
It is all about having a good price entry to a coin, if you are a trading volatile coin then you should just buy at the dips and don't join the pump because you might get a loss after a few minutes. If you are stuck from the pump and the price is just continue on dumping then all you need to do is hold it, it is better to just trade legit and coins that has a lot of potential in the market so if you got stuck then you just need to hold it for long term.
Correct, me i do trade in altcoin but for short term only,  its hard to hold some altcoin for long period of time becuase if bitcoin value continuous to increase the tendency their value will dump or else their volume will lost and will turn to scam coin. That is why bitcoin is the one coin that good to hold for long period of time for me.
Exactly the thing i was saying that altcoin can be turn into scam coins. So try to look forward for bitcoin. Invest in bitcoin. Bitcoin can help you in a future but altcoin can destroy your future as well if you do not know about them and by mistake invest in a dead coin or in a scam coin. Bitcoin value continuous to increase the tendency. So in my opinion holding bitcoin for long period of time can make your bright future.
Many coins are created without any real utility or an utility that is not going to accomplish anything at all, so most coins are nothing but speculative assets from the beginning, so the only thing we can do is to invest in coin that can actually solve some issue and it can give some kind of utility that way your investment is almost guaranteed to work and make profits for you.
hero member
Activity: 798
Merit: 500
July 01, 2017, 04:48:30 PM
When i was on trading i buy low and sell high but i cant take it anymore sometimes theres a time were the bitcoins are high and theres a bitcoin that low price of course im not the only one trader theres so many trader so its hard to sell it and get a commision with a great interest
You need a strategy other than buying at a low price and selling it at a high price. Often serignlah stop at traders forum there are many science you can get there. Because trading is not just about buying at a low price then selling it at a high price. Because maybe the price goes down after you buy?
That would depend on what you like to do, you could sell immediately to avoid further losses, but the problem with trading that way is that you will have to pay lots of commissions by buying and selling in such a short time frame, if you hold you avoid the commission but you risk to lose a lot of money if the price dumps just after you have bought.
It is all about having a good price entry to a coin, if you are a trading volatile coin then you should just buy at the dips and don't join the pump because you might get a loss after a few minutes. If you are stuck from the pump and the price is just continue on dumping then all you need to do is hold it, it is better to just trade legit and coins that has a lot of potential in the market so if you got stuck then you just need to hold it for long term.
Correct, me i do trade in altcoin but for short term only,  its hard to hold some altcoin for long period of time becuase if bitcoin value continuous to increase the tendency their value will dump or else their volume will lost and will turn to scam coin. That is why bitcoin is the one coin that good to hold for long period of time for me.
Exactly the thing i was saying that altcoin can be turn into scam coins. So try to look forward for bitcoin. Invest in bitcoin. Bitcoin can help you in a future but altcoin can destroy your future as well if you do not know about them and by mistake invest in a dead coin or in a scam coin. Bitcoin value continuous to increase the tendency. So in my opinion holding bitcoin for long period of time can make your bright future.
hero member
Activity: 798
Merit: 527
July 01, 2017, 04:27:50 PM
Bitcoin trading methodology is dependably the purchase low and offer high this is the regular bitcoin technique that individuals do yet when it comes when the genuine benefit it generally have patient to sit tight at the cost to be increment progressively or to be pumped that high you have to concentrate on exchanging
Yes i am cutting something mate. But as you said about exchanging happens when prices of getting high of something. It is not about that bitcoin was exchanging was exist in those day also where bitcoin was less than a dollars what do you think. So this is not matter about the prices. It is based on demands. That how much demand is.
sr. member
Activity: 308
Merit: 250
July 01, 2017, 08:44:21 AM
NOTE: This message was originally not posted by me, but instead by someone who compromised my account.  I have deleted the content.
member
Activity: 98
Merit: 10
July 01, 2017, 08:40:49 AM
if you are interested even in small profits try arbitrating

How the arbitrage is done in real life. For arbitrating should we require more than a couple of account needs to be in different exchange. How I search that here is a arbitrage required?
legendary
Activity: 1918
Merit: 1728
July 01, 2017, 08:14:43 AM
Probably the safest way to make money with trading bitcoins is through arbitrage. This means that you see an opportunity to buy an bitcoins in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the bitcoin immediately at a certain price. If you wait - then this is no longer arbitrage trading, but speculation.
Go and have a look at the price differences between exchanges and check out if you can find good opportunities.

The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency.
When the price drops again, you buy more Bitcoins and start all over. If you are lucky or can predict price of btc you will earn some money from this.
I like the idea a lot. I'm struggling myself, just wandering how I could make this work and I think other than strategy, I'm counting much on luck. Although luck works for some times,  to continue speculating doesn't feel like the best solution. Thank you so much for the info and knowledge  Smiley Smiley Smiley

Not to me. Arbitrage trading in case of Bitcoin stopped working from last couple of years. Basic reasons-
1. High fees which make it really difficult to load/eject fiat.
2. Confirmation time which almost kill the opportunity due to excessive Bitcoin volatility.
3. Different niche of markets. For e.g. BTC/USD and BTC/CNY. Not everyone can work in multiple currencies.
sr. member
Activity: 287
Merit: 250
July 01, 2017, 04:28:07 AM
Probably the safest way to make money with trading bitcoins is through arbitrage. This means that you see an opportunity to buy an bitcoins in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the bitcoin immediately at a certain price. If you wait - then this is no longer arbitrage trading, but speculation.
Go and have a look at the price differences between exchanges and check out if you can find good opportunities.

The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency.
When the price drops again, you buy more Bitcoins and start all over. If you are lucky or can predict price of btc you will earn some money from this.
I like the idea a lot. I'm struggling myself, just wandering how I could make this work and I think other than strategy, I'm counting much on luck. Although luck works for some times,  to continue speculating doesn't feel like the best solution. Thank you so much for the info and knowledge  Smiley Smiley Smiley
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
July 01, 2017, 04:13:43 AM
Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?

Knowing what will be the next coin to pump is not that necessary. You need to know it by yourself and update every single coin that gets your interest. It's not that hard to read a single article about that coin that you think has the potential. I guess 5% pump is already good for you to sell and it is not that hard to look for that coin.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 01, 2017, 03:42:37 AM
I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell  or which is not and so on ......


if you mean trading bitcoins only im guessing you are on leveraged trading which is too risky for my taste. if it is altcoin trading, make sure you do your research before investing in any altcoin for medium-long term. if its only for daytrading you can trade any coin from top coins to total shitcoins as long as you know what you are doing. safest bet for me is invest in what i think are undervalued top coins and just move from one good coin to another. its also very much worth it to invest small amounts in new cheap coins that has some potential to go X10 or even X100 or more.
Trading altcoins is the best for me and it just needs a lot of research for the altcoin so we can know the things that we need in making decision if we are going to buy or invest to it or we just need to ignore it. Altcoins are one of the profitable investments that i made and i am not regretting in studying them by doing research and a lot more self studies because it helps me to earn more money.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 30, 2017, 08:00:13 PM
I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell  or which is not and so on ......


if you mean trading bitcoins only im guessing you are on leveraged trading which is too risky for my taste. if it is altcoin trading, make sure you do your research before investing in any altcoin for medium-long term. if its only for daytrading you can trade any coin from top coins to total shitcoins as long as you know what you are doing. safest bet for me is invest in what i think are undervalued top coins and just move from one good coin to another. its also very much worth it to invest small amounts in new cheap coins that has some potential to go X10 or even X100 or more.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
June 30, 2017, 07:54:15 PM
Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?

That's why it's all about risks and facing it the moment you invest on a coin.

We are the one who will build our trading portfolio and not by the suggestions of others. To make profit, create an own analyzation about what coin you will invest. It's our duty to make our plans be better and will run for long term.
sr. member
Activity: 994
Merit: 302
June 30, 2017, 07:46:49 PM
Only tried a few trades and don't have any alts now. I guess the real problem really is how to find which coin would be pumped later. I mean, new coins come all the time, what are the chances that any of those, when bought, would give you a profit?
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