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Topic: Bitcoin trading strategy - page 3. (Read 13768 times)

hero member
Activity: 1750
Merit: 589
June 25, 2017, 11:16:21 PM
I don't have any specific trading strategy but the only thing that i know is i just rad a lot of news for bitcoin and i just do conclusion after that if i were going to buy or wait for another chance. Fundamental analysis is one of the most powerful analysis to have in this kind of market because most of the coins are very vulnerable from the news, the price can go up to 2x or have a hard dump in just a few hours.
That is right although that is kind of risky, So mine's strategy is buying legit coin in the dump after that I holding it for a month or maybe a year because in long term investment the profit is big maybe it will multiply but here is the secret of me don't sell if you are going to lose because you will only sell if you lose. 
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 25, 2017, 11:12:24 PM
I don't have any specific trading strategy but the only thing that i know is i just rad a lot of news for bitcoin and i just do conclusion after that if i were going to buy or wait for another chance. Fundamental analysis is one of the most powerful analysis to have in this kind of market because most of the coins are very vulnerable from the news, the price can go up to 2x or have a hard dump in just a few hours.
sr. member
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
June 25, 2017, 03:36:51 PM
Really a lot of resources on the Internet can tell you about strategies for trading in the field of crypto currency, but I do not believe that at least one of these strategies really is. It is very difficult to imagine that in case the user discovers the secret of how he can earn good money.
There is not a lot about to think here,just think about the basics,never let go of your coin when you are at a loss and if you can do that then you will never end up in a loss,it is a riskier mode of investment and when you do so,make sure you do not sell the coins without getting a good profit,in short,the entry point is the most important factor and if you could do that then you do not need to sweat much. Smiley
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 25, 2017, 02:46:06 PM
How it is possible to trade with bitcoin nowadays when the price is just higher and higher? Cheesy
I am wander of how many amount bitcoins you trade with? And does it bring really good profit to you?

Exactly, I likewise had doubts about the OP after I read because for the past few months there hasn't been any major tumble except for last week so I'm wondering where and when he bought them and how many because nobody will risk 2000$+ to buy bitcoins without knowing whether it's going to fall or rise so come again OP?

It's not only $2000+ mate today's price is $2606. yes the average people will not risk money to buy bitcoins. This is not worth for day trader. Suppose if the price is under $2500 we can take a risk and buy, but now the rate is too high. I don't know others, but I can't afford that money. Now the best option is altcoin trading the price is low, and the risk is also low

The nominal price is meaningless as such

For example, a purportedly very simple question whether the current price is high or low doesn't in fact have a definitive answer, and this is in direct conflict with what you personally think ("I can't afford that money"). The correct answer would be it depends on whether the price is going to rise or tank in the future. If it is the first, then the price right now is cheap, if the second, then it is expensive. Just in case, with altcoins it is along absolutely the same lines
copper member
Activity: 1050
Merit: 500
June 25, 2017, 12:29:58 PM
How it is possible to trade with bitcoin nowadays when the price is just higher and higher? Cheesy
I am wander of how many amount bitcoins you trade with? And does it bring really good profit to you?

Exactly, I likewise had doubts about the OP after I read because for the past few months there hasn't been any major tumble except for last week so I'm wondering where and when he bought them and how many because nobody will risk 2000$+ to buy bitcoins without knowing whether it's going to fall or rise so come again OP?

It's not only $2000+ mate today's price is $2606. yes the average people will not risk money to buy bitcoins. This is not worth for day trader. Suppose if the price is under $2500 we can take a risk and buy, but now the rate is too high. I don't know others, but I can't afford that money. Now the best option is altcoin trading the price is low, and the risk is also low.

I think any price is worth for day trader as long as they can take advantage on the fluctuation.  We all know that bitcoin volatility is high which is very attractive to day traders.  If you watch the market it jumps -200 to + 200 and vice versa in span of a few days.  Day traders would have taken advantage of this and book a great profit from their day trades.  Though I agree that altcoin trading is much cheaper and have higher volatility than Bitcoin due to the inconsistent demand of people in that area.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 25, 2017, 10:39:33 AM
All of the traders know about the word PATIENCE it is the no.1 need if you are a trader. You need to wait to sell or to buy a tokens. It is really effective if you will sell and wait some time that the token that you hold is goes up.

I agree! Patience and controlling your emotions is one of the the skills you to have if you want to be a trader but that's just 1% of things that you need to learn when trading there are still plenty of them. You can start reading books about trading or maybe google, google has the answer of everything and youtube too.
Really a lot of resources on the Internet can tell you about strategies for trading in the field of crypto currency, but I do not believe that at least one of these strategies really is. It is very difficult to imagine that in case the user discovers the secret of how he can earn good money.

i think from what we read on internet and what we learn, we need to make our own strategy that will help us to gain more profit because i think if we only use the strategy from what we read, that strategy may not work properly like if we make a new one. but from all of the strategy that we have, we need to have patience to wait the best price to buy or sell.
full member
Activity: 213
Merit: 100
Blockchain with solar energy
June 25, 2017, 10:21:16 AM
All of the traders know about the word PATIENCE it is the no.1 need if you are a trader. You need to wait to sell or to buy a tokens. It is really effective if you will sell and wait some time that the token that you hold is goes up.

I agree! Patience and controlling your emotions is one of the the skills you to have if you want to be a trader but that's just 1% of things that you need to learn when trading there are still plenty of them. You can start reading books about trading or maybe google, google has the answer of everything and youtube too.
Really a lot of resources on the Internet can tell you about strategies for trading in the field of crypto currency, but I do not believe that at least one of these strategies really is. It is very difficult to imagine that in case the user discovers the secret of how he can earn good money.
full member
Activity: 231
Merit: 100
Presale is live!
June 25, 2017, 10:17:10 AM
All of the traders know about the word PATIENCE it is the no.1 need if you are a trader. You need to wait to sell or to buy a tokens. It is really effective if you will sell and wait some time that the token that you hold is goes up.

I agree! Patience and controlling your emotions is one of the the skills you to have if you want to be a trader but that's just 1% of things that you need to learn when trading there are still plenty of them. You can start reading books about trading or maybe google, google has the answer of everything and youtube too.
legendary
Activity: 1148
Merit: 1006
June 25, 2017, 07:03:45 AM
How it is possible to trade with bitcoin nowadays when the price is just higher and higher? Cheesy
I am wander of how many amount bitcoins you trade with? And does it bring really good profit to you?

Exactly, I likewise had doubts about the OP after I read because for the past few months there hasn't been any major tumble except for last week so I'm wondering where and when he bought them and how many because nobody will risk 2000$+ to buy bitcoins without knowing whether it's going to fall or rise so come again OP?

It's not only $2000+ mate today's price is $2606. yes the average people will not risk money to buy bitcoins. This is not worth for day trader. Suppose if the price is under $2500 we can take a risk and buy, but now the rate is too high. I don't know others, but I can't afford that money. Now the best option is altcoin trading the price is low, and the risk is also low.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
June 25, 2017, 06:46:31 AM
How it is possible to trade with bitcoin nowadays when the price is just higher and higher? Cheesy
I am wander of how many amount bitcoins you trade with? And does it bring really good profit to you?

Exactly, I likewise had doubts about the OP after I read because for the past few months there hasn't been any major tumble except for last week so I'm wondering where and when he bought them and how many because nobody will risk 2000$+ to buy bitcoins without knowing whether it's going to fall or rise so come again OP?

In general right now, i'd say btc is not he best option for trading because as both of you said, it's not making any considerable movement lately hough if you're a day trader and have a lot of capital, you can do with the small chamges with the price daily. Though i prefer to just stick with holding my btcs and trade with lesser altcoins as the movement is a bit more agressive. It's just risky than just being steady with btc but if you know how to make predictions based on the graphs, you'll be able to make decent to big profits
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 23, 2017, 06:49:03 AM
Maybe I do not understand something else, but what kind of strategy can be in trade? The main thing to watch for the Trolls and for the exchange rate. You need to buy cheaper to sell more expensive. This is not a gamble and therefore there are very different rules.

I've read pages in this topic but I couldn't understand the exact idea. For example how do we overcome big loss in our daily trades?

Maybe, by using stop-losses?

But they are certainly not what Bitcoin folks love. The latter are mostly known as long-term holders (also known as bag-holders). So, according to the opinion which seems to be prevailing here, to avoid or "overcome" big losses you should just wait out the bad times until the sun shines again and your bitcoin starts to bring you profits. If you are not very much into positional and long-term trading, then stop-losses are likely your only option (apart from staying away from trading altogether)
sr. member
Activity: 756
Merit: 253
June 23, 2017, 05:59:58 AM
How it is possible to trade with bitcoin nowadays when the price is just higher and higher? Cheesy
I am wander of how many amount bitcoins you trade with? And does it bring really good profit to you?

Exactly, I likewise had doubts about the OP after I read because for the past few months there hasn't been any major tumble except for last week so I'm wondering where and when he bought them and how many because nobody will risk 2000$+ to buy bitcoins without knowing whether it's going to fall or rise so come again OP?
full member
Activity: 197
Merit: 100
June 22, 2017, 06:41:21 PM
Maybe I do not understand something else, but what kind of strategy can be in trade? The main thing to watch for the Trolls and for the exchange rate. You need to buy cheaper to sell more expensive. This is not a gamble and therefore there are very different rules.

I've read pages in this topic but I couldn't understand the exact idea. For example how do we overcome big loss in our daily trades?
hero member
Activity: 840
Merit: 501
June 22, 2017, 06:35:33 PM
All of the traders know about the word PATIENCE it is the no.1 need if you are a trader. You need to wait to sell or to buy a tokens. It is really effective if you will sell and wait some time that the token that you hold is goes up.

You need the right timing to buy and to sell, so it is not patience you are looking for, but you need the right timing to execute the buy and sell, this can be achieved by seeing the chart and through experience and trading is a risky things the volatility is very high, sometimes even after you are usng your experience and your skill you still can make a mistake, but the main point of trading is learned from your mistake and build your experience
sr. member
Activity: 426
Merit: 250
June 22, 2017, 04:50:58 PM
Maybe I do not understand something else, but what kind of strategy can be in trade? The main thing to watch for the Trolls and for the exchange rate. You need to buy cheaper to sell more expensive. This is not a gamble and therefore there are very different rules.
sr. member
Activity: 1330
Merit: 291
June 22, 2017, 03:26:17 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 ......
In trading generally there are two things that need to be take into consideration before you make a decision on either to buy or sell. Technical analysis which involves studying of the chat or candle stick and Fundamental analysis which involves information or news about the currency you want to trade is very important. You can Google babypipschool for more information on technical analysis. Am sure you will thank me later.
hero member
Activity: 826
Merit: 501
June 22, 2017, 02:12:35 PM
There are no other way to know when is the right time to buy bitcoin just always buy when you see the price dropped deep and it will surely  recover soon then if you are already in profit you can sell it directly but I prepare to hold it for long and remember always  have more patience.
As if it were really simple, you sell and buy. The main thing is just to react to the exchange rate, the price on the stock exchange rises or falls. Proceeding from this, make your choice. But at the same time it seems to me there is some kind of conditional knowledge that can be a strategy. But this can know about this trader.
hero member
Activity: 714
Merit: 500
June 22, 2017, 02:03:53 PM
There are no other way to know when is the right time to buy bitcoin just always buy when you see the price dropped deep and it will surely  recover soon then if you are already in profit you can sell it directly but I prepare to hold it for long and remember always  have more patience.
full member
Activity: 448
Merit: 100
June 22, 2017, 01:08:44 PM
It is very difficult to say whether there is any good strategy for trading. But at the same time, I definitely think everyone will say such things that the currency is traded, you should always be present at the market and follow the rates of currencies that interest you. This applies to any crypto currency, Bitcoin or lightcoin, it does not matter But they all require attention for good trading results.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 22, 2017, 12:59:49 PM
All of the traders know about the word PATIENCE it is the no.1 need if you are a trader. You need to wait to sell or to buy a tokens. It is really effective if you will sell and wait some time that the token that you hold is goes up.

Patience is ultimately irrelevant

Though many people don't understand that and even more will likely not understand it in the future. You can be hot as a firecracker or cool as a cucumber but if you don't know what you are doing you are set to lose in either case. Conversely, if you know what's what and set your priorities right you don't need patience (in the sense most people mean it). You just go about your business, and when the time comes you reap the profits, neither too late nor too soon
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