Topic: I do this way then no risk and i earn good (Read 275 times)

This type is more better then, but I believe they also involved risk because there is no one who would love to lose big time because definitely some traders would still set their stop lose and take profits. But I think this is common with altcoin and shitcoin since there price highly manipulative to an extent where you would know what may happened in the 7 days on that particular coin listed, so it could be more better if someone could focused on bitcoin and some other trusted coin.

I like your strategy but don't you think the remaining usd you are keeping is of no use or you are planning to buy more to average your balance incase there is a huge decline in the market. Your strategy is a million strategy but your capital kills the strategy and again I don't know how much you play to make after your daily buy and end up with 5% profit, don't you think it's poor? I'm not saying to be greed but on a daily trade, you can make 5% from trading ether/usd for two days.

If you take your daily buy for more days and increase your capital, you are likely to make more than what you are doing for 5% because there is high probability of Ethereum price going down more and that means you will be making more loss from your DCA, I think it will be worth it if you buy more now with more funds and hold when until there is another crazy demand and sell, you will make more money and profits than this your strategy.

Yes sometimes you have to wait long but it's worth it to wait and market is volatile enough so you will get your profit sooner or later.
But the main thing is to keep my money bigger then coins my rule is simple If i have 60%-70% USD that's critical point and i must sell something that's why i never lose.

Yea, I also applied those trading strategy some years back while I was just trading on spot position on binance exchange, I usually make profit every week and sometimes too, I could buy a token and the price will keep going down and can stay up to four weeks before it can start to recover again. Sometimes you have to wait for a long time before you can sell at a very profitable price.

Yeah you are right, I was my bad though I got my replied based on op post. People often engages themselves on a short trade with hope that bitcoin could create a higher price impact to make profits but often times when the price doesn't go as planned they often lose.
But one needs to be active to monitor the price to be able to sell when the prices changes over time to sell and take profits but since the market is too volatiles it could be hard for a common trader to understand except for a smart trade to be able to manage the manage the whole situation.

Even if I were to accept at face value your claims you have never lost using this strategy, it does not mean that it is impossible to lose with it, trading entails risk and any risk other than zero means that no matter what you do you can lose money, so if according to your post you only use this strategy with some of the top altcoins, there is no doubt that your risk is lower than if you did this with meme coins, but there is an inherent risk anyway, as you do not know if some of the top altcoins which exist right now may collapse and never recover, an occurrence we have seen happening on the past many times already.

I can confirm. As a victim of believing my own genius in 2017

Me and 100s of others were all posting silly wins for 'potential' alts. You name it what there was then, PoS coins which not only gained in price but grew in your wallet. New Smart Contracts like WAVES (yes, and worse).

The proof was also all those companies that were reporting huge profits after 2017 they all went into loss. Then in 2021 onwards many went bankrupt.

Altcoins doesn't compare to BTC. They need to be exited, and they never recover in the next bullrun

Definitely not scalping since he is trading in DCA format in daily basis which means his trading pattern is a long shot while scalping usually just a short trade on a little movement on the crypto price. It just happened that there is similarities on the profit range the OP willing to take but the method is DCA or long term trade not scalping.

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@OP your method is just simply buy low sell high but in long term period which is good but you should always set a range for your stop loss since even DCA can give you a loss when crypto volatility kicks in during downtrend.

Yea, most of them will not start selling when the price is decreasing after the pump because they feel that it will recover and before they know it, they are at big loss and they will start regretting.

Shitcoin is more of luck and not smartness making it difficult for me not to call it gambling because it is not an investment since the chance of running at loss is high cause they are pump and dump.

I hope not many will do this because we need losers.
Your method is method If everybody start doing this then who will gamble and lose ? Lol
Markets need losers and gamblers that's how the proper wealth managers with proper stradegy can make it.
I see you try to explain better don't explain i got your point well but anyways you are new member thank god so not many people don't follow this they don't need to.

Are you experinced trader or new?
How can you say it works only in bull market even when bear market we have some volatility up and down.
And that's all i need is just volatility since i buy with DCA each DCA is risk free until i keep the way that i sell always when i have 30%-40% in coin i don't let my cash to fall never Under 60% it's critical for me so i tp asap when cash/asset ratio reached there.

If your strategy works for you, then don't mind me. Stick to it.

The way I see it, your strategy only works in bull markets as long as what you are buying is appreciating in value. Otherwise if it is on a bear market and we have one of those long dumping years, then loss is what you'd face.
Although I have to say it also depends on your exit strategy. You said in OP that you "find exit point and sell", that can potentially help if done right. So as I said, if your strategy works, stick to it.

I'd guess that it's an overall bullish market and as long as it's going up, the high risk traders are happy and they even build confidence in their methods.
Of course, when it will go down (especially if it's a stiff decrease), people will start losing. If they stop before the loses are too big, they'll be fine. But most of them won't.

For now, maybe for one more year, you may not be able to convince them that their luck is probably not "a method".

I don't follow the coin price so much but i keep my usd balance high.
I never Lost and it's impossible to lose with this method so why you saying about losing...how can i lose If i keep buying very small amount and sometimes i sell when just even or just 2% profit once i have 30% of cash in coin.
Can you use more your imgagination to see what Im talking about.
For me it's clear Im here to keep my USD and assets gap long...so i have extra cash even If the biggest crash happens in the market so 30%-40% assets and 70%-60% cash that's the healthy wealth management assets are risk cash is security.

That sounds like you are randomly buying shitcoins and hoping for them to go up which means your strategy has a very high risk and over long term you'll most probably lose money unless you get lucky!

For starters what is "low" that you keep saying. For altcoins that are always dumping in the long run, there is no such thing as "low" specially if they are like ETH and have an unlimited supply (guaranteed inflation and losing value). That means DCA doesn't work for them because they are guaranteed to dump which is clear if you look at their long term charts against bitcoin specially after 2017 altcoin pumping season ended.

To this day the only viable trading strategy I've found that works in the shitcoin market with lowest risk is to ride the pumping waves. For example when you notice a shitcoin like ETH is starting to pump (keep in mind that this works best with smaller shitcoins that can be pumped a lot bigger than bigger shitcoins like ETH) you jump on board and start buying. To lower the risk you could buy in the dips during the pump even though I find an overkill. Then start planning your exit as you buy since pumps always end with a dump. So when the rise is slowing down and the volume drops, you start selling to make your profit and get out.
This whole process could take a couple of hours or a couple of days but not more than 3-4 because on average that is the pump and dump period of shitcoins.

Your trading strategy may be very reasonable to you but not very reasonable to me. If you can do it with big amount then I will definitely express opinion and if with small amount like you mentioned then I will not agree with you because trading platform has lot of fees to trade. But yes if you have $500 you can buy coins with $300 if the market goes down and keep $200 to buy back with that $200 if the market goes down. In this case you will get some profit in your trading. So don't think the trading platform is too easy trading platform is very complex it is not easy to make money from it very risky. Many people use the trading platform as a way to make a lot of easy money, but after a few days, the person loses his money on the trading platform or holds it back. Whatever you do, trade very carefully so that you can earn constantly and not lose.

 I do this way then no risk and i earn good well I saw it at the first place with your username on it USDC Boss it basically you love stablecoin or fiat currency and that is quite right especially if you found it bear market you might can still sell with low profit but still profit.

Here is another "add-on" strategy to make perfect just buy or DCA when the market is hit support/demand zone or you can buy at fair value gap this method can work well with DCA i believe and can make good profit in return

Yes, it is the same as regular trading in spot or perpetual future market. But one thing that is common to swing traders is that they may not close the sell or close the position for weeks if the market do not favour them. They use low leverage. They might not even set stop plus but take profit only.

Just like the OP posted, they may even use like 1/5th of their money to start and later average it.

I see now, meaning I would have to also try it out as well but what if it my trading trigger before my limit of buying or selling, maybe when it's approaching one may cancel trade and adjust the selling point could it be possible or there's no need adjusting except marketing is going against the trader right? Or it's same as regular trading the difference is just setting the market for long period like you already said?

Swing trading is good. Preferred by people that are patient with low leverage. The ones that I see to be more of work is scalping and day trading. Swing trading is the type of trading that is most similar to holding but just that holding is more of long term while swing trading is more of short term.