Topic: How do you trade? (Read 532 times)
Better to hold on to trade at bitcoin If the price of this currency increases in long term investment the person will become much more profitable. Try to understand the signals of trading charts before trading understanding the signals makes it easier to determine the value of the currency and reduces trade risk hold on if the risk is high. Learn trading techniques and have an idea of updated information by analyzing the market.
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Only the third one now.I don't have the all day to keep looking on the charts to actively trade.
I could still maximize it by means of doing my usual strategy before by day trading, but I am way more off now in my schedule. The play-safe strats, they said.
I am not into day trading but sometimes I buy some when it is low and sell if it goes up, I never tried day trading because it seems so hard for me and I know that I need to gain knowledge first before I try to trade. I am more focused on holding, which is easier than trading and is applicable for the beginners of the crypto world
I do my own plan, doing short trades doing technical analysis takes a lot of time so it's better to enter when the market is going up / down.
sometimes I also lose but will find a way to return it, doing research on newly listed coins is also an interesting thing because there will be fomo and how much money it depends on the project itself.
My preferred trading strategy is technical analysis with aid of chart with a mini of 4 hour chart thus this can keep me in a trade for more than 12 hours thus I do long term trading, I trade breakout of price above or below a resistance or support when the price retouch the it I place a trade outrightly and monitor the trade until it reach oversold or overbought I take my profits I try to hodl some coins too but the urge or desire to trade them and earn instant profits was my liking sometimes I also lose but will find a way to return it, doing research on newly listed coins is also an interesting thing because there will be fomo and how much money it depends on the project itself.
Usually depends on the level of trust people have over the coin. If we're talking about bitcoin, then I usually just buy and HODL it, not really letting my distractions come at play. If it's for smaller altcoins however, I use technicalities and support charts to help guide me when trading. That way I know or at least I have a good idea of what to predict. Rarely do I let my emotions take over me when it comes to trading.
Usually I trade depend on the sentiments, and it's works. Whenever there are good or bad signals (sentiments) comes then I immediately make decisions about my investment. I actually analyze the chart to understand more about the probability just to reduce mistake percentage. I rarely suffer financial loss using this strategy. I remember my mistakes in the past when I was trading only based on speculation it is more like a gambling which made me lost some money at that time. I will not do the same mistake so now I really keep an eye on the news that spread.
I have 2 method to gain profit.
The first thing is i'm just HODL and i actually don't care at all about the price because i'm so believe with that project.
The second is i just wait for the market correction then i'm gonna buy as much as i can and wait until gain 3-5% (Depend on the situation).
The first thing is i'm just HODL and i actually don't care at all about the price because i'm so believe with that project.
The second is i just wait for the market correction then i'm gonna buy as much as i can and wait until gain 3-5% (Depend on the situation).
Trading is a easy way to earn more money in short period.If the cryptocurrency is a legal one in your country,you can get maximum return from it.Only you need to pay tax for it,it's not a huge task.You will had huge money in hand,after paying tax for a period of 30 days.But you need to work in full pledge to earn more money from it.
So do with easy way to lose your money, trading always being mis-conceptualized by many,
yes, opportunities to earn huge is realy present from this venu of investment, but it's needed
or requiring you skills and good fundamentals in order to manage working with those experienced
traders around this business. The key factor is your willingness to move forward and take each
steps whatever outcome it brings you.
How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:
- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".
Any other?
- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".
Any other?
joining telegram groups and altcoins alert will also help you gaining profit.
Quote
at the end of the day its up to you on how you develop each day in trading and how you deal with losses. not all the time you gain there were always a downtime. just focus on how you can earn and gain .
Dealing with losses is part of maturity in trading , Losses first before profit that is the golden rules of those real trader.
To be honest I don't really like trading strategies that are too complicated. My trading method is very simple and very easy for others to follow.
Because I only buy coins with high volume and have strong fundamentals. Then I will HODL, every time the coins I have bought go up by 10% -20%,
I will immediately sell them and buy again when the price drops. Do this over and over again for the last two years, I am quite satisfied with
the profit I made.
Because I only buy coins with high volume and have strong fundamentals. Then I will HODL, every time the coins I have bought go up by 10% -20%,
I will immediately sell them and buy again when the price drops. Do this over and over again for the last two years, I am quite satisfied with
the profit I made.
Its truly saying that there's no particular run the show for exchanging, a few say, purchase moo and offer tall but how seem you decide when the cost is moo or tall as with the current advertise trends and instability this will not be possible. I have been into exchanging for a number of months presently and I realized that it is way better to play long. Purchase and HODL which is really safe and secure way.
I prefer not to trade because I am aware of my own abilities that it is difficult to make a profit from time to time, but that doesn't mean I don't trade at all just not very active because of the panic problems that hit as if I was easy to get carried away. Therefore, I would prefer to hodl is the main one for the main coins which I believe will continue to grow in the future. There will always be a choice regarding a related coin, whether it is good for trading or good for hodl as there will always be good specs for it.
During the first months when I started trading Forex and crypto, I was trading in short-term periods and didn't really do any risk managements. I could earn some money and get some profits but of course I lost much more. I toke my lesson and currently I'm a swing trader I usually buy the coins and hold for a few months. Also I do pay attention for the fundamental news much more than before and using my own strategy after doing some reach. This is how I'm a profitable trader.
Very popular strategy, buy low then sell high. Easy to say but it's really hard to chase things up. Having a deeper knowledge may
help to work with the right project and able to timing each position you take.
Having a good basis helps how to work with the market, if you are using system and you keep enhancing your skills, the very chance that your winning trade will give you decent profits from time to time.
Make sure to have definite plans it helps a lot while working from this business.
help to work with the right project and able to timing each position you take.
I always try when the price of top coins are low, then I buy. When the price is going very high, then I sell my coins. There are few coins which I hold for long time and sell when I get a good profit.
How you trade is mostly dependent on what type of trader that you are. Many people find it easy to just buy and hodl for some time before selling because they have not learnt or do not want to go through the stress of learning about technical and fundamental analysis and how the chart patterns work.
However, for a person who has learnt these things, he'll definitely trade based on technical and fundamental analysis and other resources.
You should, however, know that the most successful traders are those who use a combination of strategies to make profits tardiness trading
However, for a person who has learnt these things, he'll definitely trade based on technical and fundamental analysis and other resources.
You should, however, know that the most successful traders are those who use a combination of strategies to make profits tardiness trading
Having a good basis helps how to work with the market, if you are using system and you keep enhancing your skills, the very chance that your winning trade will give you decent profits from time to time.
Make sure to have definite plans it helps a lot while working from this business.
I always try when the price of top coins are low, then I buy. When the price is going very high, then I sell my coins. There are few coins which I hold for long time and sell when I get a good profit.
Mostly people have their own ways of doing their trades which we call strategies. On my case, I carefully watch and observe the market and keep myself updated on the news and trends that can eventually have an impact on the flow of the market although it is given that we are working into a very volatile market. Sometimes what is happening right around us can eventually have an impact so I am making it on point to simultaneously observe and update myself on what is the latest so I can keep up on trend to adopt on sudden changes. Knowing basic knowledge combined with past experience as well as being observant are my ways on doing my trading.
How you trade is mostly dependent on what type of trader that you are. Many people find it easy to just buy and hodl for some time before selling because they have not learnt or do not want to go through the stress of learning about technical and fundamental analysis and how the chart patterns work.
However, for a person who has learnt these things, he'll definitely trde based on technical and fundamental analysis and other resources.
You should, however, know that the most successful traders are those who use a combination of strategies to make profits tardiness trading
However, for a person who has learnt these things, he'll definitely trde based on technical and fundamental analysis and other resources.
You should, however, know that the most successful traders are those who use a combination of strategies to make profits tardiness trading
How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:
- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".
Any other?
- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".
Any other?
joining telegram groups and altcoins alert will also help you gaining profit.
Quote
at the end of the day its up to you on how you develop each day in trading and how you deal with losses. not all the time you gain there were always a downtime. just focus on how you can earn and gain .
Dealing with losses is part of maturity in trading , Losses first before profit that is the golden rules of those real trader. I trade on Spot more often than Margin and Futures because they offer good returns and are less risky. As for any potential altcoins, I would jump them a small amount and wait for them to increase in value. I will take profit with my initial money and leave them free because I have returned my capital.
I agree that spot trading is the original and more solid form of trading and margin trading is good if you know the asset won't just swing too much which is what actually happens in the crypto market. Although profits are higher in margin and futures trading, I can assure you that because I have done it in past.Altcoins are too risky so unless they have a good market cap I don't buy many of them.
I think now should try to participate in good ICO or IDO projects that are being held on decentralized exchanges. Just join a few projects and wait for them to be listed on exchanges and you will be able to get rich quickly without spending a lot of trading time.
Don't do it, if you are seeking advice. I can tell you that there are lots of scam projects even in the DeFi market now and you might avoid a few but will eventually fall for one of them. They make you believe like they are the future and once you start talking in their group (telegram), there are fake members who will even show like they are investing a lot of money. Most of them are paid shills who are paid to just talk positive and create hype. 
How do you maximise your Bitcoin advantage? I have seen people using these, but I wonder if there are others:
- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".
Any other?
Trading need of technical knowledge to avoid of a trap.Because some bitoin trading exchanges are a fake one.By repeating a maximum number of trading with the initial of 10-20$.Because we can easily earn the value of 10-20$.So keeping such amount as initial is not a risky one.- Technical trading, using supports and technical charts.
- Sentiment trading, using greed and fear indicator.
- Not trading at all, just HODL.
- Intuitive trading.
- My own "system".
Any other?
You can use $10-$20 to trade, but that will not easy to earn for that $10-$20 if you do not have the skills to detect which coin will be good to trade.
Once you can profit from trading, and you see the movements still good to trade, you can try to continue trading to make more profit.
If the situations turn become worst, you can hold it for a while and see if, in the next hours, the situation can change better so you can buy or sell it.
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