For me, the safest strategy is to buy and hold. However, if you are looking for a safe strategy in cryptocurrency trading, sad to say that there's none. There are risks involved, in which you need to acknowledge it. Risk management is necessary, and we have to acknowledge it fully. Only invest and trade what we can afford to lose, because in reality, there is no perfect strategy in cryptocurrency trading. Even the pros are not perfect, as they are making mistakes in their decisions from time to time as well.
Price correction in this market and a move into consolidation are very common things. we have to play safe in order to survive longer as well as making portfolio bigger. To figure out how to successful trade and become an effective crypto trader then we need to connect with a specialist trader. Yet, risk management is important and invest that much you can afford to lose. Since none one is perfect. 
Topic: Is there such thing as a “safe strategy”? - page 2. (Read 1020 times)
Why would I buy a coin that I don't like and put myself into leverage if I'm not really good at it. I don't intend to be rich with that strategy and if I'll be wanting it, I'll go with the slow process but with more assurance throughout the strategy that I've come up with.
If it's just about a safe strategy, holding is the best option.
If it's just about a safe strategy, holding is the best option.
With this bull season some people think that leveraged trading can make them rich quickly. Most of them just dive into it without knowing the proper strategies to do it so they just lose in the end when correction happens. This is the reason why some people got liquidated when flash crash happened few days ago. They didn't set their stop-losses and risk more than 10% of their capital. Leveraged trading is not a quick-rich scheme so if you are a newbie I suggest only trade on spot first. Learn the fundamentals of trading, apply it on spot and once you get the proper strategy then you can start applying it on leverage trading.
Holding can't be considered a strategy for me. If you are only holding then you are not a trader but instead, you are an investor.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
Simple and very effective strategy but many don't want to listen and follow that strategy because they think that it's a wrong strategy. It's very common to see people buying bitcoin and holding it until the price goes up.Like its price today that it's down below $50k, this is a good price for somebody to buy bitcoin and wait until its price goes above the buying price and you decide to sell or keep holding.
That is not possible unfortunately, sure some people may get lucky and do it but most people can't do it, and that is why most people end up losing more money than they could ever afford. It is not about not knowing what's safe, it is about not wanting to be safe and wanting to take huge risks and end up poor.
If it's just about a safe strategy, holding is the best option.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
Simple and very effective strategy but many don't want to listen and follow that strategy because they think that it's a wrong strategy. It's very common to see people buying bitcoin and holding it until the price goes up.Like its price today that it's down below $50k, this is a good price for somebody to buy bitcoin and wait until its price goes above the buying price and you decide to sell or keep holding.
That is not possible unfortunately, sure some people may get lucky and do it but most people can't do it, and that is why most people end up losing more money than they could ever afford. It is not about not knowing what's safe, it is about not wanting to be safe and wanting to take huge risks and end up poor.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
Simple and very effective strategy but many don't want to listen and follow that strategy because they think that it's a wrong strategy. It's very common to see people buying bitcoin and holding it until the price goes up.Like its price today that it's down below $50k, this is a good price for somebody to buy bitcoin and wait until its price goes above the buying price and you decide to sell or keep holding.
It couldn't have been better said, when someone puts their investment in Bitcoin all they have to do is follow the price, and have the peace of mind and patience so as not to panic, because when Bitcoin has very strong corrections or falls, the news is very strong, almost that they say that it will reach zero (0), in these cases we must remember that bitcoin, unlike the Stock Market, usually takes about 3 years to be in trend, of course it is not a metric to follow but if consider, since in the first cycle of Bitcoin the accumulation stage lasted around 2014 to 2017 ...
There is still a great opportunity to enter the market and win by buying, because according to PlanB, this is not the end of the bullish trend, there is still a long way to go and the goal is to reach $ 288k. A nice read here: https://cryptopotato.com/this-was-not-the-top-of-bitcoins-2021-bull-run-according-to-planb/
I hope that $288k is really going to be the peak for this bull run.
For me, the safest strategy is to buy and hold. However, if you are looking for a safe strategy in cryptocurrency trading, sad to say that there's none. There are risks involved, in which you need to acknowledge it. Risk management is necessary, and we have to acknowledge it fully. Only invest and trade what we can afford to lose, because in reality, there is no perfect strategy in cryptocurrency trading. Even the pros are not perfect, as they are making mistakes in their decisions from time to time as well.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
Simple and very effective strategy but many don't want to listen and follow that strategy because they think that it's a wrong strategy. It's very common to see people buying bitcoin and holding it until the price goes up.Like its price today that it's down below $50k, this is a good price for somebody to buy bitcoin and wait until its price goes above the buying price and you decide to sell or keep holding.
It couldn't have been better said, when someone puts their investment in Bitcoin all they have to do is follow the price, and have the peace of mind and patience so as not to panic, because when Bitcoin has very strong corrections or falls, the news is very strong, almost that they say that it will reach zero (0), in these cases we must remember that bitcoin, unlike the Stock Market, usually takes about 3 years to be in trend, of course it is not a metric to follow but if consider, since in the first cycle of Bitcoin the accumulation stage lasted around 2014 to 2017 ...
There is still a great opportunity to enter the market and win by buying, because according to PlanB, this is not the end of the bullish trend, there is still a long way to go and the goal is to reach $ 288k. A nice read here: https://cryptopotato.com/this-was-not-the-top-of-bitcoins-2021-bull-run-according-to-planb/
Long holding is best strategy. Holding a coin for couple of years is safest investment. And if you pick some of top10 coins then it's safest possible option.
I think the most safest strategy is begin holding with topn5 crypto currencies in coinmarketcap,in that way it is secure that your investment would be stable and it will be slightly pump or dump but the important thing is you dont lose lot of money. Stability of coin like eth or btc something like that.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
Simple and very effective strategy but many don't want to listen and follow that strategy because they think that it's a wrong strategy. It's very common to see people buying bitcoin and holding it until the price goes up.Like its price today that it's down below $50k, this is a good price for somebody to buy bitcoin and wait until its price goes above the buying price and you decide to sell or keep holding.
Well, definetely there is no 100% riskless strategy. What matters I think is to minimize your risk as much as possible while taking the return you aim into account. Golden advices are: Excellent risk&money management, making your plan real good before trade every details and possible scenarios, entering/exiting plan and stick to your plan at the very end of the trade. Sounds easy but it is quite hard and what is called as trading discipline and it requires time, experience and patience to master it.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
So easy to say but hard to do since there are so many people doing it but unfortunately they get burn when market collapsed and sudden market phase change. Maybe the best strategy for now is not to become greedy and be settle to your low gains since if you do thia and stick to your plan you might get a lot of profits from trading.
There is still a safe strategy but not a huge income, you just need to buy and sell, the example you buy some amount of bitcoin at $55k then sell it when the price goes up to $55k above but make sure that it also covers the transaction fees so you wouldn't waste the profit in paying the transaction fee, that is not too profitable but that is really safe.
safe strategy you can apply classic strategies that exist today. choose a low-risk coin such as bitcoin buy at the lowest price and hold it until the price has increased, then sell at the high price. it is the most effective strategy today and the safest ever
I am not so skilled to suggest you but in my little experience, I can say that there is no safe strategy to trade.
Correct, this is a risk based speculation market. You bear the risk and reap a reward in case you make the right move. Risk can reduced by doing research and timing your buy/sell but it cannot be made zero.Quote
If you want to trade safely then you have to aware of the market and get the points of sure risks and never hurry to trade. Don't run to catch high profitable investments if you not properly skilled.
Profitable investments dont come just like that. Rather they grow with time and most people fail realize it before it goes out of hand. Just like Bitcoin when it was three digits and today it is five digits in price.Awareness in the market is good, but knowing when to buy and sell are important too. Someone going in at long term need to target a very low price comparing with the last few years charts to determine support/resistance levels. This basic homework is essential for a trader or investor.
Even with altcoins, the awareness in the market and day trading aspects are very much real. They are more risky then bitcoin, profitable of course but chances of one getting washed out is way more.
there are surely safe strategies, as regards bitcoin trading i would suggest you to be a holder than trade per time. per time trading will make you miss alot of opportunity. to me i think trading is more of a full time thing while holding can work for per time. IEO trading on launch day is very risky. its better to allow the dust to settle before you buy, alot of people bought cheap and want to take profit this process will fight to take the price down which is why you shouldnt rush to sell.
Well, I totally agree with you --long-term holding if you will compare in day trading or a full-time trader is very far different. Holding is the most secure way to gain profit while investing and of course, never take an action such as selling if your profit was not there. But the problem is there is no specific date of time when you will sell your asset. But for me, every coin in crypto even altcoins has its own new ATH, so in other words, there are possibilities that gaining profit on holding assets is a very effective way and perhaps for me, that is the safe strategy ever.
there are surely safe strategies, as regards bitcoin trading i would suggest you to be a holder than trade per time. per time trading will make you miss alot of opportunity. to me i think trading is more of a full time thing while holding can work for per time. IEO trading on launch day is very risky. its better to allow the dust to settle before you buy, alot of people bought cheap and want to take profit this process will fight to take the price down which is why you shouldnt rush to sell.
If you want to be safe, then do not entrust your investment to any person or group of people unless you know them well and you know how the strategy is working. I believe in the long run of us having getting more and more experience and knowledge, that's when we start knowing which trading strategy is safer compared to other. DYOR, invest time.
Even if you know them well, do not trust anyone with your money because even if they mean well, they could still end up losing money so why should you do something like that.This is why I think it is going to be obvious that anyone can lose money and if they are your friends, or people you trust, you might give them the money but believe me it is not going to be easy to hear that they lost your money, it happens to best of us, we all lose money, and when you lose your own money that is your own fault and you can be angry at yourself and that is no one's business, but another person losing your money is not easy, that is going to end up being a bit more trouble for you, this is why you should be careful about it.
I am not saying you will get mad at them or do something, but it is still going to hurt more than you would otherwise make a loss yourself.
It depends on the person who are into trading on what he personally consider as a "safe strategy" to be so called because we differ on how we strategize our trading to make risk management and make things work out in our favor. But since you are into cryptocurrency trading, expect that there will be no standard strategy to be considered as safe all due to the reason that we are working in a volatile market so decision and strategies may vary depending upon the situation. Also, keep in mind that upon deciding to enter this industry, you must already know that you will be facing risks associated with trading and investment and if you cannot handle such failures and risks, then it must be not meant for you to work on.
If you want to be safe, then do not entrust your investment to any person or group of people unless you know them well and you know how the strategy is working. I believe in the long run of us having getting more and more experience and knowledge, that's when we start knowing which trading strategy is safer compared to other. DYOR, invest time.
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