I was trading Altcoins a until a few days back. It all happened when the BTG fork was going to happen.
Most of the people were selling Altcoins to receive the free BTG. I thought the prices would bounce back when the fork is over but to my astonishment the prices went further low. It was that time when I sold all my Altcoins and started to hold BTC. I must say that holding BTC is generating more profit than the Altcoins.
Topic: Bitcoin up Altcoin down | what is your trading strategy? - page 5. (Read 1951 times)
I am mostly accumulating alt-coins with a little active day trading also, if a coin has a small spike then I'm selling off in the expectation it will fall again to a previous price, that way I'm gaining alts and when they eventually rise I should profit nicely.
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
Since Im used to face the risks, then I will just let my alts stay. This is the challenge on doing altcoin trades. While Im losing the value of alts but on the other hand, bitcoin price was continously rising then it's fine on my side. No worries.
I have criteria whether which alts can be considered as long term and short term. For those coins that I considered short term, once I think they are experiencing their price hype, I will quickly pull the trigger to dump them all especially those coins I got for airdrop and bounties. For alts that I considered good for long term holding, I considered them as loss so that I will not mind them even their value got to zero.
As an altcoin trader you should be aware of the greater risk associated with this activity, bitcoin is already highly risky so altcoin are even more and so you should be using only money you can afford to loose. That's why either you keep trying to catch the lucky fish in the altcoin market or you hold during this troubling time.
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation.
Well, I usually hold since most of the coins on me don't really get that too much dips and even if they experience some few dips more than what I got, I buy more and wait for the crazy period to pass and then sell them at huge profit recovering any loss I could have had, that is if I eventually did anyway cause most times, I always end up getting back even more profit. One thing is that most of the pumps will get pumped back once the show ends.For you altcoin traders, I want to know how the strategy you are using in the current situation.
if i have the alt coin and the price is up but the Btc going down, i prefer to sell half my alt coin, i'm sure they will ll going more higher, precisely.
This is an old and effective way of trading both bitcoins and altcoins. But in recent times few altcoins also showed good appreciations along with bitcoins. Hence we cannot be sure what is going to happen everyday. A simple strategy I do follow : hold bitcoins and never touch altcoins. 
if i have the alt coin and the price is up but the Btc going down, i prefer to sell half my alt coin, i'm sure they will ll going more higher, precisely.
and just hold bitcoin is good when you hold when the price is go down, never mind. Come back is real.
and just hold bitcoin is good when you hold when the price is go down, never mind. Come back is real.
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
For me, i will be hold the coin until the price up again.
I am not worried about that
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
If you exchanged your altcoin to bitcoin few back means you will be profitable now. According to current scenario, we need to see the what is best altcoins which can rise in future value wise. If you convert your bitcoin that exact coins which gonna rise in future means you will be profitable. If you invest on any shit coins or new ICO coins that is bad choice and you will loose your money.
I am ;
- Converting half of my bitcoin into Fiat while holding half of my bitcoin to buy alts when it will dump more.
- Buying alts with fiat I am getting from exchanging bitcoin, not buying shitcoin just buying coins with high marketcaps or top 10 coins.
- Will buy more alts with remaining bitcoin when fork will complete.
This might not be perfect strategy for right now but its my strategy which I am currently using for upcoming fork.
- Converting half of my bitcoin into Fiat while holding half of my bitcoin to buy alts when it will dump more.
- Buying alts with fiat I am getting from exchanging bitcoin, not buying shitcoin just buying coins with high marketcaps or top 10 coins.
- Will buy more alts with remaining bitcoin when fork will complete.
This might not be perfect strategy for right now but its my strategy which I am currently using for upcoming fork.
When the altcoin prices are going down,i refuse to sell my altcoins and i just wait.
Sooner or later the altcoins will start to grow again.
The bitcoin price is just fine,i`m holding my bitcoins untill the of end the year and perhaps i will sell
most of my btc during January 2018.
I will hold my altcoin too waiting for them start growing again.Sooner or later the altcoins will start to grow again.
The bitcoin price is just fine,i`m holding my bitcoins untill the of end the year and perhaps i will sell
most of my btc during January 2018.
And may i know why you decide to january 2018?
Is there a chance for btc for dump on january?
I choose to rest in altcoin trader,and switch to btc-fiat market
these days i prefer staying away from altcoins. i find it a much safer strategy rather than trying to make any profit out of them. they are like falling knives right now and catching them can cause more harm to me than good.
i stay away, have my mind at ease and my money safe, then when the altcoin pumps began i'll make sure to come back and invest with a fresh strength and a calm mind.
in my personal experience whenever i keep my investment in altcoins and try to fight the market when i know i can't, i go mad and that means making bad decisions and they lead to loss of money.
i stay away, have my mind at ease and my money safe, then when the altcoin pumps began i'll make sure to come back and invest with a fresh strength and a calm mind.
in my personal experience whenever i keep my investment in altcoins and try to fight the market when i know i can't, i go mad and that means making bad decisions and they lead to loss of money.
Try to keep a diversified portfolio.
Also have a clear idea of how to divide up your capital, and then invest accordingly (e.g. 40% for established coins BTC/ETH,etc ; 40% for promising alts ; 20% for short term flips/pump and dumps/high risk stuff)
That usually helps to keep your portfolio steady. Might not be the best and maximizing profit, but at least you'll always have some level of fallback and wont be too prone to losing everything at once.
Also have a clear idea of how to divide up your capital, and then invest accordingly (e.g. 40% for established coins BTC/ETH,etc ; 40% for promising alts ; 20% for short term flips/pump and dumps/high risk stuff)
That usually helps to keep your portfolio steady. Might not be the best and maximizing profit, but at least you'll always have some level of fallback and wont be too prone to losing everything at once.
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
I think it is true that; if the bitcoin increase then the altcoins will go down. I have many altcoins and most of my altcoins are going down. I holding all of my altcoins because I know that holding can make more money. For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
Firstly, it totally depends on the Altcoin I am holding, and since I do not really deal with shit coins, knowing how much they have made me lost so much in the past, I don’t usually get worried.
However, I have my stop loss set just in case there is going to be a very huge dip which I believe has always worked for me if I end up buying at the very huge dips and selling for profit later on and there are some altcoins that I don't really bother about, cause I know no matter the dip and once the cloud is clear, they are coming back straight up. I always get my cash back! There are just some patterns that would always occur.
However, I have my stop loss set just in case there is going to be a very huge dip which I believe has always worked for me if I end up buying at the very huge dips and selling for profit later on and there are some altcoins that I don't really bother about, cause I know no matter the dip and once the cloud is clear, they are coming back straight up. I always get my cash back! There are just some patterns that would always occur.
When the altcoin prices are going down,i refuse to sell my altcoins and i just wait.
Sooner or later the altcoins will start to grow again.
The bitcoin price is just fine,i`m holding my bitcoins untill the of end the year and perhaps i will sell
most of my btc during January 2018.
Sooner or later the altcoins will start to grow again.
The bitcoin price is just fine,i`m holding my bitcoins untill the of end the year and perhaps i will sell
most of my btc during January 2018.
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.
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