Topic: Bitcoin Trading Strategy. (Read 643 times)

It seems a lot of attention is going towards ICO's. Bubble alert

First, to be clear there's a massive learning curve when starting your work with cryptocurrency. Newcomers will have to go through about 3-4 months of studying to get up to current speed with Bitcoin and what's happening in the industry. There's a lot of basics to learn and adapt your way of thinking too. Like any other new, revolutionary platform, cryptocurrency doesn't coincide with established or traditional ways of doing things. Understandably, not many people have the time or the initiative to learn everything they need to about Bitcoin.

I do not have such a strategy for BTC. I buy it in parts for example 6500 ,6700, 7000 ... My strategy of earning on the crypto market is investing in undervalued tokens and ico . This is a very profitable strategy but also very risky . After I manage to make 200-400% I fix the profit, and part remains in the assets .But again, think for yourself, there are many strategies and each is good in its own way .

Now is the time to buy BTC, because the btc price is quite low, they will help you profit if you patiently hold.

In learning how to trade bitcoin enough to know when the right time to make purchases and sales, the above strategy can only work effectively when the movement of bitcoin prices are stable / ramp. If in a state with high volatility the above means not working. Volatility is the movement of prices that rapidly / suddenly jumped up or suddenly dropped dramatically.

It is a great opportunity, but at the same time, there is a huge need for one to be very careful so as not to end up catching a falling knife. To avoid the future frustrations, it is highly recommended to go for wide diversification hence, they may cope up with other when once does get failed.

Yeah, the altcoins are really getting a hit pretty fast with the uncertainty that revolves around bitcoin and I am sure no one wants to be caught in the middle of all that. it is best to always relax and wait it out for bitcoin to change trend before investing and then see how the altcoins are gradually responding to that movement before deciding to get in.

Yeah you are right emotions have nothing to do with bitcoin trading. Impatient and emotional traders cannot make money from bitcoin trading. Keep cool and wait for the price volatility. Buy on low and sell on high is the formula for making more and more money from trading. I appreciate your thoughts about good and positive trading. Really like your comments. Thanks

It has happened with many traders recently that they entered the market at a wrong time and invested their amount when the BTC price was at peak.
They have lost more because many paniced and sold at lower prices and ultimately faced a huge loss in their portfolio. You will loose if you gamble your trade. That is what BTC has taught me over the years. Play your trade wisely and you will earn more than what you invested.

At this point in time, I think the best thing to do is trade the day, you can see that the market is fluctuating continuously and only a small adjustment of the bitcoin price can make the decline of altcoin very strong. Therefore, I think you should only trade short and always have a clear transaction plan to minimize the risk that may occur.

Well nice description the best strategic is buy some btc when market down and holds it longtime when market rise then sell it

If there are good strategies you will get many good plans as well as you will have useful methods for bitcoin trading you plan well you will quickly get more profit as well as you will quickly get rich have more

Observing and collecting informations from the right source. More preparations, less trading is the key for making profit with bitcoin trading. Also I would add having money to straighten your position if price continues to go down, and never selling everything when price start to rise. This two are important, we never know exactly when is the bottom and when is top, doing your trades partially you have more chances to take maximum profit with some trades, you save yourself from missing a right moment.
Different strategies can bring more profit, but with time you will understand importance of minimizing risks and having safer trades, big profit it's less important from safe profit.

The best strategy of bitcoin trading is to observe the market by yourself but for it you must be a professional and experienced trader. Give more time to study the market carefully and hold different coins not only one. Catch every moment of the crypto market and when there is a little bit ups and down sell or buy your coins at once. Don’t waste time in thinking and asking.

I think that at present bitcoin trading will be very risky, you can see that bitcoin prices are constantly increasing slightly and going sideways during the past few days, so to be able to successfully trade bitcoin is very difficult .

It can be seen that the market is down in the long-term so the bitcoin price can continue to drop sharply at any time and hard to recover.

For me the basic trading strategy is buy an investment or coin when the value of it is in the low amount and sell it when the time comes
that it have a high amount value to be offered and also to be profitable.

if I choose to hold and trade, I choose both because I invest preferably in bitcoin and ethereum, because I believe that these two coins are very good for me to last for a long time, and if I trade I always see altcoin price movements in market, and any altcoin that has a fast price movement I will make as my trade, and of course I am ready with any risks that I will get later.

That is a better strategy for those who really do not have a choice or have no knowledge of trading. At least with that, you can invest what you can afford to lose, hold on to it for as long as you can and simply see how far that will end up taking you.

As far as I am concerned, the best move is learning how to trade since you will be making even more during all the fluctuations than holding, but of course, the necessity to learn for those who are not lazy to and focused to gain a lot from the market is needed.

At this point you should only trade short-term bitcoin, you can see that this time the market is very exciting when bitcoin prices are rebounding and according to my analysis, the bitcoin price will probably reach the $ 7200 mark before when adjusted. Therefore, you can buy bitcoin at this time and only short-term trading on a daily basis so that you can reduce the risk if the bitcoin price goes down.

everything we use to deal with trading needs wise thinking and good decision, such as while buying try to fix up right and perfect time of buying at down price, then after that you should know that only long term holding can give you good amount of profit, don’t take too much stress for miner risk because risk is part of every business so if you wana be successful trader or investor you should have some fine guts to deal wisely with those risk to have good output from your trading amount.

Mostly people know crypto as a risky investment especially into trading field. Yeah, truly risky but won't be like that if never pressured our self and control our emotions. Losing might be the possible outcomes if we can't handled it wisely.  And the most important thing in trading is that of having a smart and wise decisions.

It's really an interesting tip for traders. We should always split our money into different crypto, with that we can avoid the risk of losing all our investments, because the worst case we can lose money with one or two investments in some coins not for all the crypto, so it will be really better if we divided the investment into 3 or more.

You can see that bitcoin prices are constantly fluctuating and falling sharply during the recent period, since reaching the $ 19800 mark, the bitocin price has continuously dropped and has reached the time of $ 5600 level. I believe that the market is bearish in the long term, so to be able to trade successfully at this point is very difficult, you could lose a lot of money if bitcoin prices fell sharply. Therefore, I think that at this time we should only trade short-term by day and most safe trading bitcoin.

In general, I think that one strategy in trading is not enough in order to  guarantee  an acceptable gain. Plus, IMO the best thing is how to deal with every new event with a smart decision and not hasty( such as, this drop during this period ). I disagree with a category of people who think that trading is an easy way to earn a lot of money.
On the other hand, I guess that the best strategy in this  difficult period is holding the majority of your budget in Bitcoin, or you must take advantage of this opportunity through buying and investing a large proportion of money in that currency.   

I'm sure that mathematical analysis is one of the most important items in the bitcoin trade. I prefer a strategy for which you only need to do a mathematical calculation. I perform a mathematical averaging of the cost, which is taken for the designated time interval. Bitcoin quotation is subject to constant change, accordingly the figure becomes larger or smaller. This fact allows us to determine the overall trend of the bitcoin exchange rate and get revenue.

Buying every dip has always been the best move to make in every market, most especially when you are seeing huge sign of accumulation. Still, for the cryptocurrency market and with the huge volatility, I believe the best is to always time the market with the activities you see with bitcoin movement, which most of the time should be the best way to play the market to one's advantage, although that comes with some experience of how the market responds anyway.

For those who do not prefer making their life more complicated then must choose the strategy of holding. Yes, for a long term holder, all the prices are good dip to buy again and again. It may sound like no strategy but it must be a very good working strategy as per my experience.

Now there is no better strategy than holding, pennies are always down, the best way is to hold them for long periods of time you will get a profit, if you hurry to sell them now you will lose.

For me, the best strategy is to buy at low prices and sell it high.

and now for me is an opportunity for us to invest, because the price of bitcoin and other altcoin under very deep, we can buy it now and we can hold it until the price will rise again, it will surely greatly benefit us, although there There is a lot of news that bitcoin will not be able to raise prices again, but i never trust them.

This is simple buy and sell rule and you have to make something extraordinary with this rule. This is so amazing and easy implementable. You don’t need to learn so much technical aspects of trading. It can easily be understood by a layman even. So whenever prices are low make some buying and whenever prices are higher, you have to hit the mark and earn some extra money.

This is a good expository. There is wisdom in your style. Trading is indeed a profitable business and when followed carefully and systematically can make the difference.

Your opinion is quite good, but I think all the investment in BTC, because BTC is the most stable and secure coin, now prices are falling, but they will increase again in the next few months.

The best you can do is buy when the price of the coins or investments in the market is in the chipper price and sell it when the value of it,
is changing into the highest value that can makes you really profitable.

maybe trading is not necessarily carried away emotion, then we also have to follow current market trend.

I also have long been trading Bitcoin but still stuck, because Bitcoin can not be predicted and that is the basic law of cryptocurrency.

It was interesting to read, thanks. In my opinion, it is impossible to trade without having a solid foundation. It is necessary to know much about the currency and the trading strategy to be on the safe side

My strategy is getting a possible dip target then hold it and set my target profit. 10% above profit would be fine and not letting my losses occur. I am always stay calm and remember panic can lead a problem.

trading strategy is the heart of everyone, the victims of the trade are the beginners, especially for bitcoin investments are very sensitive to down and up, beginners often experience losses due to panic with a decrease in btc prices that often occur with the sudden

I agree. Nothing wrong with holding. I encourage individuals to hold their positions if they can withstand harsh corrections.

If you are not a whale you have no strategy but holding, no matter whatever you do, you lose against whales so I never trade a lot, just buying today and selling another day. If I do it hourly I lose.

Holding is the safest way for you to have bitcoin, you must at least put some amount of your earnings here by saving bitcoin for the security of our future, some are doing day trading, day trading is their regular job and some really benefiting on it, as they are doing great on it.

The only trading strategy which has worked for bitcoin at this time is HODL. You can't try to time the market (which is true in all traditional markets as well) You're going to lose if you try this, as not even the 'professionals' can do this. You're going to have to follow a long term strat in both markets if you want to get the best chance at making money (off of past performance)

Anyone telling you otherwise is either getting lucky with their short term traders, or straightup lying.

I always see the market where bitcoin is traded, I see bitcoin will continue to provide profit when we can control and maximize the ability to process bitcoin to serve as a good purchase. so a good strategy is to leverage your personal ability to process bitcoins when the price is high.

I agree. Keep in mind, this was one of many strategies. Not all of us are the same and have different opinions and views. If we were to put 10 traders in a room, and have them give us their opinions, I'm sure we'd get 10 different answers.

The bitcoin trading strategy is that you have to seize the opportunity to make business decisions. You should rely on the principle of surfing business "buy low and sell high". You must be calm before times of market fluctuations. At that time, you should be patient and wait for the market to rise again. This is the best strategy for you to trade bitcoin in the cryptocurrency market.

Tip: Do not convert all your money into Bitcoin. Instead divide it into 3 or 4. Ride an altcoin using the 1st part, wait if alts will go down. Then ride again with the 2nd part of investment... and so on. Always buy every dip.

I love #5, but that takes discipline.

We need to have target values if we are doing trading in long term but we don't need new strategies everyday the one and only strategy we need to follow is buy low and sell high so do what you can do to follow this rule.
But I am not seeing bitcoin as a trading coin because it has great technology so people need to use bitcoin rather then using it as a money making machine.

Bitcoin trading is best for beginners and it is good for long term because Bitcoin have potential to grow more and will hit on top.Experienced investor predict Bitcoin will grow rather than expectations.

As we all know Bitcoin is leader in the market due to its unique features and stability,Beauty of Bitcoin is that it can be easy for trading even beginners can handle easily,Simple rule buy in low and wait market go up sell in high.
Past trend of Bitcoin were increasing due to course of time so it is cleared Bitcoin will grow more and best strategy is hold for long term will more beneficial as compare to short term.

most of the buying and selling strategies for bitcoin aren't unique to bitcoin and you may locate than with any form of commodity. Bitcoin does have some particular properties to it...

Firstly, It takes about an hour to confirm a bitcoin. This makes it extremely hard to take benefit of a distinction in charge by buying bitcoin in one region and promoting at every other. I suppose it'd be feasible to apply this truth to someway make cash although I have tried some matters and none of them have clearly labored.

Secondly, There are differences in transaction charge and extent on the distinctive exchanges.

And thirdly, there's a sturdy connection between bitcoin trading and China.

the other aspect is that the bitcoin markets are evolving unexpectedly, so I don't think it would be possible to do month to month trading because the whole thing changes so much from month to month. You might be able to find a pattern in order to permit day to day buying and selling or week to week, however bitcoin buying and selling are so risky that I'm locating that bitcoin trading is a full-time process and one that does not pay mainly nicely.

With me, as an example, I'm finding that bitcoin trading is part of my complete time activity, and it does not pay enough to pay for my residing fees. that is satisfactory because I am an entrepreneur and I have some cash reserves to fund my dwelling charges. I parent if I automate a few matters, and get better at trading, I'm able to probably make sufficient cash to cowl most of my residing costs, and if some of my different initiatives work out, I is probably able to live a first-rate middle-class lifestyles style, however even this is going take quite a few difficult paintings.

The component that I do not assume I'll *ever* be capable of doing realistically is got top-notch wealthy by using bitcoin trading. I am probably capable of getting fantastic-rich through doing other matters, however not bitcoin buying and selling. I might be capable of making first-rate quantities of cash, but if I desired to maximize income, I by no means could have left (insert huge investment bank).

Here is my strategy:

1. Wait for a bull market
2. Buy only in the dip
3. Do DCA daily by splitting amount to invest into 5-6 pieces
4. Check price weekly (if no parabolic rise/fall)
5. Be ready to hold for 1-2 years
6. Investments must be boring and must not add stress
7. Don't expect to earn money, if you really want something you are not gonna get it
8. Wait for a good set-up, like in poker, play only strong hands and fold weak ones

Get rich a lot of ways, the best way is to trade bitcoin daily, this way you can generate steady and regular profits. But I advise you to risk your account, any technical analysis may be wrong.

Trading in the crypto market. I usually use a combination of bitcoin hold and buy coins, which are low in price. Because, bitcoin is really reassuring to hold in long or short term. If you choose a suitable age and a suitable time to start. 1 week or 1 month. As we see the rapid growth of bitcoin in the last 2 weeks. Altcoin has a low price or after ico is also a good option. Because, cheap rates and bulk purchase. When the market recovers, it is still capable of generating huge profits and efficiency.

in the trade we must have a good strategy, it is true that you say we can buy at a cheap price and sell it at a high price, but when we finish buying it sometimes even decrease, so I think it is not easy to also we can ensure if the coin we want to buy is cheap, arguably cheaper maybe because it is more expensive yesterday before we buy it, so we besides we have a strategy we must also be able to analyze and patience to trade.

The trader's characteristic is that they must have the courage to take every decision, without courage then never try to become a trader. For a beginner then the best method is to choose a coin that is still fairly cheap, it will reduce the risk of getting big losses. choose a coin with a cheap price and we will be able to learn all the skills and analysis that will help us to have experience that will be used to make decisions in the future.

I think the same with you, I only trade in altcoin which has a cheap value, I have a principle in trading that is by using a small capital seek the greatest advantage

When trading you must have an investment strategy for your own. Especially take the opportunity to buy your coins at low prices and sell them at high prices. You must combine this surfing strategy with the good skills in the business you already have. This helps you earn big profits in the future through the cryptocurrency market.

nice, great strategy

This is one of my favorite methods of course. But, what about the new, unexperienced individuals coming in to this space.. I certainly see regulations and government officials coming hard into the scene in the near future, for better or worse. Either way, if you're in it for investment purposes, it's best to only risk what you're willing to lose, shut your computer off, and enjoy life!

Holding will be the simplest strategy for the any trader regardless of their experience levels. I believe almost all the people here will be following the "strategy of holding" for their bitcoin trading. More people have already shared that holding kind of trading is more profitable rather than buying and selling more frequently.

This was one of many strategies, hedges, ideas I've posted on my facebook. I've mentioned ICO's an option to leverage your investments over a year ago and a few months back, along with other ideas.

market is so volatile so you need different strategy everyday.
If you do it daily then you need to check trends everyday.
If you do it monthly or long term than check the status of prices and market for buying and selling.
In anycase you should have a target for selling and buying.
without targets you most probably loose your money as it is in real life

If you are not a professional trader, it will be better for you to buy at a low (in your estimate) price and then just hold coins, wait until its price will be acceptable for you to sell.

Yeah thats true if you have a good amount of money and you realy want to earn from it and you realy billieve in your investments coins then you hold it without looking back a few years later look at your coins and you’l see that you already earn more money on that.

I think 2018 will be a difficult year for the cryptocurrency and bitcoin markets. The volatility of previous years in the market has not been accurate this year so the risk will be higher. I always believe in the market and hopefully there will be positive changes to help revive the market this year.

Hello OP are you just explaining what are your experiences and the process you take into this business. It can't really be called a strategy a strategy has a step by step procedure and has lots of explanations what to expect and predict the entire time and mostly identifying what is good or bad for your investment.

that is not "trading" strategy. that is simply an investment and OP is talking about trading bitcoin.
and thanks to the high volatility of bitcoin price it has been creating a lot of good opportunities to trade it and make good profit, in other words you can buy some amount of bitcoin and then trade with a part of it to increase that amount (store your profit in bitcoin). and you don't have to do it constantly, you can only do it when the market is most predictable and stay away when it is hard to predict.

Gold considered as a one of the best investment in the world but its price movement is very slow in both directions. I have invested some of my funds in gold as well for diversification purpose. You can't compare price movements between gold and cryptos but I still like to put some money in gold.

If one invested all their money in cryptos last year then all their money stuck now and don't know how long they need to wait to recover their losses that's why I prefer to diversify my funds instead of just put all in one basket.

I am going off of the trading price for Gold per Oz. I agree, There's a lot of people coming in. Especially smart money..

That is a good strategy as well!

I have never considered gold as an investment, but the last time I looked at it, the price was low in grams, almost a big increase. For Bitcoin, 2018 will be a very critical year, not as accurate as forecasting and forecasting competence. Because there are so many players in this game, there are not so many people before.

What an explanatory article... Thanks OP for taking your time out to elaborate on this. I might consider involving in Gold (XAU). I have never given it a thought though.
Hopefully, your strategy might work for me too.
I will just have to make more research on it.  Personally, I might also consider  investing in the two; both Bitcoin and Gold. Along the line, I hope I will also fully learn how to control my emotions cause am still lacking fully in that. I guess its what every young trader experience at the beginning stages.

true . most of them didn't notice what the currect price before and what the fix match price for price that time . with more news and follow some expert trading it will helps to decide when to buy or sale.

The explanation is very interesting, can not be denied if the price of bitcoin fluctuate quickly then we also become restless, whether the price will go down or will continue to rise, according to the best is not to sell it when the price drop (panic sell) because believe me bitcoin prices will always rise

Well, your description is worth reading, thanks for posting here. Anyways i would also like to share my opinion on this strategy for sure as this community has given me a nice platform to share my thoughts and expressions. I would like to add that i will sure to use this strategy for my long term trading along with RSI indicator or any other oscillators so that i don't miss the timing for the entries and exits which is where i am weak at. Rsi is my best oscillator indicator for my trading style.

The best strategy is to simply buy bitcoin and holder without looking and nothing for several years

Yes, it sucks to have wealth on paper, and then reality happens and you're unable to claim any of it.  I always tell people to be realistic, focus on their investments, pay attention to their trades, and don't be stupid with your money.  If you don't take profit, you'll go broke.  No one went broke taking profits.

a very interesting description to be listened to, lately many people are trading because tempted prices, they are trading mostly without a solid foundation.
those who are new to cryptocurrency are easily emotional while trading, as is the case with cryptocurrency.

I've posted this on someones post before, but I will post it again here for everyone to see. I can't tell you not to be not to be emotional when prices are fluctuating fast, because we've all had some kind of emotion when prices are volatile. This can potentially be an expensive process you will learn. The market, in most cases, will eat new fish alive. Let's just call it how it is. If you're new, and actively trading, you're going to get rekt sooner or later, over and over again, it's just a part of the process. You know not to put your life savings in, and go all-in on a trade, but, you do it anyways. AND you will learn from it, for the better or worst. Worst being high probability. Money itself is very sensitive to people. But try to understand, prices move up and down. If you're new in this space, and came in during the media attention hype, get ready for an emotional roller coaster. If you stick around, and actively engage in your investments consistently, for a healthy duration of time (about a yr) you'll have a better understanding of the market and how it works. You get to watch the new fish get rekt.
One of my trading strategies is geared towards swing trading.
You should somewhat engage in your investments, and you should have a disciplined strategy You have skin in the game, why would you neglect your investments? At least have an entry/exit or accumulate plan. This strategy can go 100 different ways, but I'll try to keep it simple. Like I've said before, this is geared towards position trading. This is one of my strategies to protect myself from harsh retracements. For this strategy, my plan is to preserve USD so I can pay myself, and take profits, hedge into other stable assets and so on. Take a look at the simple charts of Gold/USD and Bitcoin/USD on the 4 hour chart, Bitcoin's price volatility is obviously greater than Gold. When Bitcoin rallies over 20 - 30%, it would be a good, probable decision to hedge into Gold or any other stable investments with your BTCUSD, based on historical price patterns. Nobody knows where Bitcoin's price is going to be in the future, nothing is certain in crypto, but based on historical data, in a broad picture, BTC has gone parabolic, been through 6 bubbles, had nearly a 50% correction from 20k to 10k and gaining mainstream attention rapidly. We could speculate the "what ifs, how's and why's all day long, but at the end of the day, if your skin is in the game, you need to engage and protect your investments. You'll make mistakes, the market is designed to be unpredictable. Crypto is still new, insane and volatile. Bitcoin is up over 30% since New Year's, why not throw a little into Gold? I'm bullish on both XAU (Gold), and BTC, but BTC's retracements are more harsh compared to XAU. This is just a strategy I'm personally using. I'm not all-in, and out on this strategy. Do not blindly take my advice, and go all in. Consult with other people who are experienced in the the markets, verify, research, and come to your own consensus. Good luck to your investments and journey