Topic: How is your trading strategy? - page 5. (Read 730 times)
First to make money on Crypto is very difficult and I can even get fraudulent projects. But I did not only participate in the ICO program but also trade. I began to study Crypto's defeat and finally I was able to make money. Especially in 2017, the price of coins rose very high. And I trade every day the results are also very profitable.
Trading strategies really need to be done, this affects the results we achieve, the people who are active in the trade that are my target will be reciprocal, so it will be equally beneficial, and also you must be able to think smartly how to blow up a turnover
My strategy of trading is very basic and easy to catch up for the newbie we all know that when we trade it is very risky to do, i have my main goal or target how much i would to earn profit just like 20%-30% that is enough for me.
indeed to trade you have to make your target achieved, not just trade, investment must also have the same target. we have to calculate it with time and how long we do it.for a profit of 20-30% I think that is quite large in daily trading. if I set a small profit of 10-20% every day.
My strategy of trading is very basic and easy to catch up for the newbie we all know that when we trade it is very risky to do, i have my main goal or target how much i would to earn profit just like 20%-30% that is enough for me.
Personally, I stopped trading. I don't have that much knowledge in that field. Instead of losing, better I chill and learn.
I also stopped trading because this market is very risky and any of my investments have a big loss. In my opinion the best solution is to add more knowledge from outside to be able to apply to this market better but to do that, you must have good psychology and great confidence in this market then everything can happen better Think of the capital first. After that we can think of a strategy to trade. Prepare partial capital to buy coins. Both in the form of money and forms of BTC. Because it will be easy if you have 2 of these capital. then look for premium signals that provide safe trading predictions. That's what I do.
premium trading signals ? i though those things are not free because whats the purpose of calling them premium at the first place ? if ever you find free premium signals those are either scam or fake .
while there are also group on telegram and other messaging platform that provides signal though they are not premium but their predictions are not really that accurate but that is better than nothing . atleast this gives you an edge on what coin is in and whats out .
I really do not have any special strategy, but before I buy a coin, I follow up, do little research about the coin, by so doing, I also get the know the previous price of the past this would be a helping hand to know when to buy low and sell when in profit.
Same with me, i dont have a special strategy too when buying coin or token. But i am always checking the community group to find the developers team active or not. If active and the token have good liquidity in market and already have working product, perhaps i will invest on the coin or token.
A lot of advice can be given about how to properly trade cryptocurrencies and the most common advice you can get is buying low and selling high.
but the problem is this is very difficult to carry out in practical because no one can actually predict how the market, will move and the crypto market unlike the foreign exchange market is highly volatile.
Meaning you could lose all your tokens or your documents in a bad sale and you can also make a lot of money.
so the best way to carryout your day trading is by using trading bots. set your maximum and minimum gridlines lines and let the bot do the work for you else you stand a very big risk of losing your money.
but the problem is this is very difficult to carry out in practical because no one can actually predict how the market, will move and the crypto market unlike the foreign exchange market is highly volatile.
Meaning you could lose all your tokens or your documents in a bad sale and you can also make a lot of money.
so the best way to carryout your day trading is by using trading bots. set your maximum and minimum gridlines lines and let the bot do the work for you else you stand a very big risk of losing your money.
I really do not have any special strategy, but before I buy a coin, I follow up, do little research about the coin, by so doing, I also get the know the previous price of the past this would be a helping hand to know when to buy low and sell when in profit.
Same with me, i dont have a special strategy too when buying coin or token. But i am always checking the community group to find the developers team active or not. If active and the token have good liquidity in market and already have working product, perhaps i will invest on the coin or token.
Think of the capital first. After that we can think of a strategy to trade. Prepare partial capital to buy coins. Both in the form of money and forms of BTC. Because it will be easy if you have 2 of these capital. Then look for premium signals that provide safe trading predictions. That's what I do.
Trading in crypto is not a child play, and it's not everybody that have the knowledge of trading. I personally don't know how to day trade, I am a HODLer. But the strategy that I use to preserve the value of my altcoins is that I make use of USDT. When the market is dropping, I sell my coins for USDT and buy them back when they hit the bottom. Which gives me more coins for the same value as the previous.
So many news in crypto that this is a life long learning here. To learn trading is also a longer process as well.
The good thing is that everybody can try even with smaller funds and start practicing and getting experience.
Trading is important especially on the bear market when simple holding is not an option.
The good thing is that everybody can try even with smaller funds and start practicing and getting experience.
Trading is important especially on the bear market when simple holding is not an option.
Personally, I stopped trading. I don't have that much knowledge in that field. Instead of losing, better I chill and learn.
for myself this year I did it in a market situation like this, I only bought coins and held them in a short time and then I sold if it was profit, I took a short trade to avoid a big loss.
when someone has knowledge in every field, especially in the field of cryptoqurency, of course that person can succeed. whatever the conditions they can survive the abilities they have. I was recently in the cryptoqurency world, but I still have a lot to learn about crypto. but I have high determination and keep thinking about how to survive here.
if we only rely on the sweetness of the words there is no change at all, we must dare to make a decision even though it is the worst possible!
I have invested in several altcoins when prices are low and also while waiting for the market to improve. to be honest I don't have high skills in the trade sector but have confidence that we can do this, besides that I want to learn from your experience too and then I will do further research if I feel that is true.
then what strategy do you do in trading?
my strategies being followed the experience with people guidance because in this current situation our each and every step will be important so taking wrong decision will be we ended up with you pressure so it will be most important in my strategy. if we only rely on the sweetness of the words there is no change at all, we must dare to make a decision even though it is the worst possible!
I have invested in several altcoins when prices are low and also while waiting for the market to improve. to be honest I don't have high skills in the trade sector but have confidence that we can do this, besides that I want to learn from your experience too and then I will do further research if I feel that is true.
then what strategy do you do in trading?
I really do not have any special strategy, but before I buy a coin, I follow up, do little research about the coin, by so doing, I also get the know the previous price of the past this would be a helping hand to know when to buy low and sell when in profit.
I buy when price goes down, and after i put higher order, but if not happen i will wait more to grow, and if still fail to grow in a week maybe i will sell in a loss and trade another coin. But i not trade so much and i hold a good % of coins and only trade small.
my strategy is currently to hodl and buy more, since i do not see crypto below these prices, fundamentally crypto is better than in january 2018, and prices are very low, i could not say that prices in january 2018 were realistic, but today prices are low for most of major coins
Due to the high volatile nature of crypto market especially during parabolic bulls even 100x to 1000x targets seems realistic but my trading pattern is to take some profits in between like we can take some percentage of profit at a certain price level then a little at next level this way we can withdraw our initial investment and profit and still hold some coins for long term and bigger profits.
As for me, I can hodl coin / token of a project I value for as long as possible provided I have done my due responsibility to research well about the project and ascertain that it would be worth hodling at the long run. And if am to sell probably I have am emergency need for money to use, I don't feel comfortable selling all for any of my tokens. I reserve some unit.
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