Topic: Crypto Strategy - page 6. (Read 845 times)
to invest in the market you must have the strategy. You must have a plan how to profit. i like your explanation. one thing i want to add i think in crypto market patience is most important. You have to take patience to get desire success.
of course the best strategy is to buy as much at the low price and hold it until the price of the crypto is high.
hold by buying a variety of tokens, see continue its development.
this will be very beneficial if we always look at the statistics.
hold by buying a variety of tokens, see continue its development.
this will be very beneficial if we always look at the statistics.
Your explanation is quite good. I also think that it is all about strategies. And this strategy thing varies from person to person. It is very essential to find your strategy that can actually do the trick and help you in profit.
The lack of aggressive strategy is at high risk, and also that, in fact, it is not investment, but speculation.
With moderate strategies, the investor expects to make a profit after a certain time, for example, in a few months. For this, it is not enough to rely on the leaping course, we must study in detail and analyze the prospects of the chosen currency.
Large investors with solid capital, work experience and market knowledge, as a rule, do not limit themselves to one type of strategy. Usually they form a portfolio of different assets, and each is selected their own approach.
With moderate strategies, the investor expects to make a profit after a certain time, for example, in a few months. For this, it is not enough to rely on the leaping course, we must study in detail and analyze the prospects of the chosen currency.
Large investors with solid capital, work experience and market knowledge, as a rule, do not limit themselves to one type of strategy. Usually they form a portfolio of different assets, and each is selected their own approach.
I am not sure what to understand from your first sentence. Do you mean, that the lack of aggressive strategy is a high risk factor and a speculation?
Could you please explain this idea in more detail?
I fully agree, having a specialized strategy for each coin itself is the professional way to go.
I bet a lot of experience is of great help, but that must be gained by people like me yet.
It will take a while to set up such a system with this kind of depth from scratch though.
As I mentioned in my first post - the pattern I described with the dark numbers can also be used in more detail, which includes an entire project itself.
This is still only the asset management part, I still need to make a strategy on how to exit.
Buying has been pretty simple in the last months, because of all these beautiful dips. Selling would have been extremely lucrative too, but I was actually expecting the bullrun to happen already.
The other way around could be, that my greed stopped me from making profits. The fear of missing the bull if selling...(yes, I know its FOMO) That is the reason why I might benefit from technical analysis while having my strategy implemented. It feels like a safety cord to a certain extend, though losses are inevitable, they happen to everybody at some point.
I wonder how well professional traders can trade cryptos, like how their profit : loss ratio in the number of their trades looks like (simply profitable trades vs non profitable trades, not the value of the trading itself)
Its a very nive strategy and explanation too, by the way. But in crypto, even if you follow a certain strategy, sometimes it doesnt make 100% success. Crypto these days is very unpredictable so the strategy itself should be unpredictable too. Well that is just my opinion..
In my own opinion, you did not even need to follow the advice or strategy of other traders because the market price is based on supply and demand so wait for the price of your coins to grow before selling it in the market.
The lack of aggressive strategy is at high risk, and also that, in fact, it is not investment, but speculation.
With moderate strategies, the investor expects to make a profit after a certain time, for example, in a few months. For this, it is not enough to rely on the leaping course, we must study in detail and analyze the prospects of the chosen currency.
Large investors with solid capital, work experience and market knowledge, as a rule, do not limit themselves to one type of strategy. Usually they form a portfolio of different assets, and each is selected their own approach.
With moderate strategies, the investor expects to make a profit after a certain time, for example, in a few months. For this, it is not enough to rely on the leaping course, we must study in detail and analyze the prospects of the chosen currency.
Large investors with solid capital, work experience and market knowledge, as a rule, do not limit themselves to one type of strategy. Usually they form a portfolio of different assets, and each is selected their own approach.
I think your investment strategy is very rational, balanced and worth the risk, with this strategy i think one can gain more and also avoid risks as you have allocated major part of your investment in solid coins, we all know these solid ones will become profitable long term.
Thank you guys for this great feed back!
This is just a crypto strategy, it is not an overall asset management strategy. Currently I am building my crypto portfolio till the next big bull or even new all time high, let me see.
My plan was to start with something, go deep and try to become efficient at it, before moving to something else. Crypto currencies seemed to be more important over the stock market simply because the stock market is established already, cryptos are not. This means, that focusing on cryptos first seemed to me to be the better option. As soon as it feels right, I will expand my assets also into different things, like real estate, start ups and gold, because I believe those are the next best choices I could find so far.
I fully agree, that this strategy is NOT a complete one, nor is it an overall asset strategy. It was just an idea how to start going more serious on my crypto assets, I would never have expected it to become so well recieved by so many people!
If this trend continues, it might motivate me to create a complete PDF version including graphics which would make it understandable for almost every person on earth.
I definitely plan to show some numbers once I got it implemented and working for a while and to post my experiences including an updated version, since no plan survives the first battle...
@ Financial Freedom 4U
Many people considered the crypto volatility as a gift for trading and profits, how comes that you see this point differently?
@ Coltpython
If things go south, you have the option to hodl or sell (which might be a panic sell... bad idea).
You can only do it if you are aware of that situation AND capable of actually doing something (taking coins from wallet to exchange and sell at any time...)
As you can see, these are many factors already which have to be given in order to "save" your assets. A possible solution would be to have a dedicated crypto smart phone with API keys from your exchanges connected via Tab Trader and a Wallet App where you own the private keys.
This combination enables you to be ready at any time, if you set an alert and track the price, you should not miss any dip anymore.
I didn't like the idea to give somebody I don't know an API key which can withdraw funds from an exchange, because that is a serious security breach, which forces me to do it from home and sometimes leave some assets on the exchange during the day, which is a VERY bad thing too, to be honest.
I have not found a proper solution to this issue yet. Dragging a notebook or tablet around is too big and a smart phone needs an app, using its' browser is blocked by the exchanges for a good reason. Which leaves me with some bad choices.
I would be really happy, if somebody comes around with a solid solution to this issue. Because IF you are not ready 24/7 or as soon as your alert goes off, you are going to miss a lot of opportunities.
This is just a crypto strategy, it is not an overall asset management strategy. Currently I am building my crypto portfolio till the next big bull or even new all time high, let me see.
My plan was to start with something, go deep and try to become efficient at it, before moving to something else. Crypto currencies seemed to be more important over the stock market simply because the stock market is established already, cryptos are not. This means, that focusing on cryptos first seemed to me to be the better option. As soon as it feels right, I will expand my assets also into different things, like real estate, start ups and gold, because I believe those are the next best choices I could find so far.
I fully agree, that this strategy is NOT a complete one, nor is it an overall asset strategy. It was just an idea how to start going more serious on my crypto assets, I would never have expected it to become so well recieved by so many people!
If this trend continues, it might motivate me to create a complete PDF version including graphics which would make it understandable for almost every person on earth.
I definitely plan to show some numbers once I got it implemented and working for a while and to post my experiences including an updated version, since no plan survives the first battle...
@ Financial Freedom 4U
Many people considered the crypto volatility as a gift for trading and profits, how comes that you see this point differently?
@ Coltpython
If things go south, you have the option to hodl or sell (which might be a panic sell... bad idea).
You can only do it if you are aware of that situation AND capable of actually doing something (taking coins from wallet to exchange and sell at any time...)
As you can see, these are many factors already which have to be given in order to "save" your assets. A possible solution would be to have a dedicated crypto smart phone with API keys from your exchanges connected via Tab Trader and a Wallet App where you own the private keys.
This combination enables you to be ready at any time, if you set an alert and track the price, you should not miss any dip anymore.
I didn't like the idea to give somebody I don't know an API key which can withdraw funds from an exchange, because that is a serious security breach, which forces me to do it from home and sometimes leave some assets on the exchange during the day, which is a VERY bad thing too, to be honest.
I have not found a proper solution to this issue yet. Dragging a notebook or tablet around is too big and a smart phone needs an app, using its' browser is blocked by the exchanges for a good reason. Which leaves me with some bad choices.
I would be really happy, if somebody comes around with a solid solution to this issue. Because IF you are not ready 24/7 or as soon as your alert goes off, you are going to miss a lot of opportunities.
This is an excellent strategy. Among other things, it at least guarantees very minimal risk involved. My issue with your strategy is that the crypto market is highly volatile and difficult to predict. Any ideas on how to cut losses when things go south?
Those are great explanation of the most common ways to leave here and performing on a cryptocurrencies market, but it is totally depending on every personality of human being that is involved.
Different personality of man is one reason why everyone needs to find out and figure out their strategy themselves
You need to be sure what strategy work for you, keeps you in line and ensures your profit
Those factors are important
Whatever our individual behavior or strategy here in crypto world I think the important is we always open our mind to accept new ideas and want to learn new techniques and always have patience.
Its a very nive strategy and explanation too, by the way. But in crypto, even if you follow a certain strategy, sometimes it doesnt make 100% success. Crypto these days is very unpredictable so the strategy itself should be unpredictable too. Well that is just my opinion..
Those are great explanation of the most common ways to leave here and performing on a cryptocurrencies market, but it is totally depending on every personality of human being that is involved.
Different personality of man is one reason why everyone needs to find out and figure out their strategy themselves
You need to be sure what strategy work for you, keeps you in line and ensures your profit
Those factors are important
I think more people have to figure out a strategy. Especially when you just hold on to whatever project then you are missing out due to the high volatility. I did the same mistake as many others, made some good gains with low caps toward the end of 2017 but then list all these gains again in the course of 2018. If I had followed a strategy like the thread opener mentioned I would be far better of now.
I believe that the best strategy is to buy the top five or top 10 cryptocurrencies, and just wait for the growth of the entire market.
I thank you all for this appreciation!
It is my first raw concept and I thought I share it with the forum.
So far my strategy was to simply fatten my portfolio by buying since autumn last year. I went hodling through all the highs and depths to get a feeling for cryptos and the psychological effects it has on me.
Now I am starting to go to the next level by creating an asset management strategy which I can agree upon.
The next step would be technical analysis and alle the details about trading. I have had some theory, but I want to get in touch with some swing trading actually (thank you for teaching me the word, tuanphuong666!).
It should help me to understand the market better, though I was able to invest into the nice dips even without any analysis. I simply started to become more patient with buying and waited for the markets to bleed painfully...
If you might ask yourself, yes, I know FOMO very well and learned it the hard way as a hodler, luckily though I didn't go in too much early 2018.
I am actually looking for some useful tutorials or courses, I don't mind to invest. I am only interested in quality material because I wish to go deep.
Maybe I should start a new Topic for that one...
It is my first raw concept and I thought I share it with the forum.
So far my strategy was to simply fatten my portfolio by buying since autumn last year. I went hodling through all the highs and depths to get a feeling for cryptos and the psychological effects it has on me.
Now I am starting to go to the next level by creating an asset management strategy which I can agree upon.
The next step would be technical analysis and alle the details about trading. I have had some theory, but I want to get in touch with some swing trading actually (thank you for teaching me the word, tuanphuong666!).
It should help me to understand the market better, though I was able to invest into the nice dips even without any analysis. I simply started to become more patient with buying and waited for the markets to bleed painfully...
If you might ask yourself, yes, I know FOMO very well and learned it the hard way as a hodler, luckily though I didn't go in too much early 2018.
I am actually looking for some useful tutorials or courses, I don't mind to invest. I am only interested in quality material because I wish to go deep.
Maybe I should start a new Topic for that one...
I would like to contribute one more comment:
The most basic feature of the crypto market is volatility. The price of Bitcoin or any other currency could increase by 20% in a matter of hours and also easily decrease by 20% in the next few hours. Some traders use this volatility to try to make a profit. One such strategy is called swing trading.
Swing trading involves individuals keeping cryptocurrency for a certain period of time, usually a few days or weeks. After that, Swing traders will try to determine the general trend of holding money, performing transactions based on its overall upward or downward trend. The success of this strategy largely depends on the ability of an individual to determine the time it takes to market - a very difficult task because the market fluctuates very strongly. Thus, the swing transaction is definitely a In the business strategy is quite risky.
In short, the crypto market is a difficult environment to navigate. Its fluctuations may be an opportunity for the person to make a profit, but it can cost the other person everything. Regardless of the strategy that players use, they must admit the risks associated with trading in this market. So, it is important not to invest more and then be ready to take a deep study before making any transaction.
The most basic feature of the crypto market is volatility. The price of Bitcoin or any other currency could increase by 20% in a matter of hours and also easily decrease by 20% in the next few hours. Some traders use this volatility to try to make a profit. One such strategy is called swing trading.
Swing trading involves individuals keeping cryptocurrency for a certain period of time, usually a few days or weeks. After that, Swing traders will try to determine the general trend of holding money, performing transactions based on its overall upward or downward trend. The success of this strategy largely depends on the ability of an individual to determine the time it takes to market - a very difficult task because the market fluctuates very strongly. Thus, the swing transaction is definitely a In the business strategy is quite risky.
In short, the crypto market is a difficult environment to navigate. Its fluctuations may be an opportunity for the person to make a profit, but it can cost the other person everything. Regardless of the strategy that players use, they must admit the risks associated with trading in this market. So, it is important not to invest more and then be ready to take a deep study before making any transaction.
these strategies give a general idea of the possible types of game on the stock exchange. However, with such strategies, you can not expect much profit, especially if you use 1 strategy - to invest 50% of your money in popular crypto-currencies.
Your strategy is awesome thanks for sharing this post. I will definitely try this strategy to gain profit on this market.
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