Is there such thing as a “safe strategy”? - page 6.

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Quote from: maxreish on April 12, 2021, 11:30:57 PM

The market is unpredictable but the safest low risk strategies is trading in a long term with those potential and established coins. With of course good trading plan and setting up your "goal profit" and setting up your "stop loss".

When you are trading the highly potential and established coins then you never need to worry about stop-loss and you can book profits wherever you are comfortable to end your positions. Only very few coins are available with such characteristics and bitcoin must be first one on that list. Obviously when we are trading bitcoin for long-term goals with low leverage or on spot market then that would be coming up with absolutely zero risk like OP asked.

Moreover people like OP are always looking for highly profitable day-trading strategy with low or zero risk. When it comes to frequent-trading then there cannot be any strategy with the low or zero risk. Only time factor will decide your level of risk and when you are ready to hold for long time then the risk slowly is submerging.

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Perhaps you do refrain from your old strategies, usually the first weeks of newly IEO listing is more unstable and risky than the old ones. The team of it can still control the price by pumping or dumping it.

The market is unpredictable but the safest low risk strategies is trading in a long term with those potential and established coins. With of course good trading plan and setting up your "goal profit" and setting up your "stop loss".

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Quote from: Dewi Aries on April 12, 2021, 01:48:32 PM

If me maybe my safe or in other word how to minimize my losses, is back to spot. Because in spot trading, i still can back up to bought lower if coin that i bought dropped. And then it not really extreme as we trade in future trading. In spot, if we still hold means we not lose yet and i can hold my coins whenever i want.

As long as you are keeping the same amount of those coin, you can recover if the project are really moving project, not just a pump and dump but a usable asset.

Spot trade gives you the freedom to choose either to go long or to cut your losses and try to recover as quick as you can.

At the end of the day, it's all about your understanding nad knowledge, there's no such word safe but you can always
lessen the risk. Your money, your call when it comes to trading.

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If me maybe my safe or in other word how to minimize my losses, is back to spot. Because in spot trading, i still can back up to bought lower if coin that i bought dropped. And then it not really extreme as we trade in future trading. In spot, if we still hold means we not lose yet and i can hold my coins whenever i want.

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Quote from: lichig on April 10, 2021, 04:41:41 AM

For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.

Every trading involve risk but trading on the first minutes of IEO is more risky because the project team usually manipulate the price and trading on a new exchange listed IEO project when launch trading competition is also risky but the best thing to do is to invest and make some gain and leave early before the big accumulator dump their holding.

Quote from: lichig on April 10, 2021, 04:41:41 AM

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Thank you!

Yes, there's low risk strategy and the strategy is to invest more in Bitcoin when there is panic in the market.

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Quote from: lichig on April 10, 2021, 04:41:41 AM

I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.

Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.

I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.

There is nothing that could be called safe strategy. The safest thing you could ever imagine would be DCA purchasing of bitcoin and even that is not guaranteed income. What you should do is divide your money into 20 and then buy it once a day that takes 20 days, you could even do once a week and that takes 20 weeks, and that means you are buying at all prices, downs and ups, and that way you will not be buying at the top but not at the bottom and somewhere around the between levels most of the time.

Choosing bitcoin would be acceptable as well because it is the biggest coin and even though its volatile, it is not as volatile as other coins which could move 50% a day very easily because they have less liquidity. That is why I think it is quite obvious that this is the most "safest" strategy but even doing this you could do it now and then in 5-6 months later it could crash to under 20k and you would lose money.

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Quote from: samcrypto on April 12, 2021, 07:06:55 AM

Quote from: lichig on April 10, 2021, 04:41:41 AM

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Yes there is, as long you believe on it and you know what you're doing, then it can lower the risk.

Safe strategy is to play long term with the good projects for example on Binance, you'll buy at the bottom price and you wait for its to recover this may not be the safest strategy, but as long as your money is on a good project there's still an assurance that you can make profit.

A lot of people go long investment on some new project. Mostly those projects don't end up well. Investing in some of top 10 coins will probably make you have good profit. Maybe it wont be x100 but still it's safer investment.

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Quote from: samcrypto on April 12, 2021, 07:06:55 AM

Quote from: lichig on April 10, 2021, 04:41:41 AM

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Yes there is, as long you believe on it and you know what you're doing, then it can lower the risk.

Safe strategy is to play long term with the good projects for example on Binance, you'll buy at the bottom price and you wait for its to recover this may not be the safest strategy, but as long as your money is on a good project there's still an assurance that you can make profit.

The safest way is to invest Bitcoin at a lower price, not during Bullrun. Just hold and never trade.

We never think that everything will find just like today and it will continue to rise by tomorrow or in the next few days because that is not the truth. If you come into trading with less knowledge about this place, you often lose no matter how hard you try, and even you choose the best trading platform. We have to know that trading is risky, it is really easy to keep calm and never be emotional but you can't decline such feeling when you are in the real scenario.

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Quote from: lichig on April 10, 2021, 04:41:41 AM

I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.

For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

There is really no such thing as low risk, it all comes down to how you play your game, like one of the things you have to do to reduce your risk is to be trading with small amount that won’t affect your pocket in case things should go wrong, and then you have to be making use of stop loss, although sometimes it can cause you to miss out when the market suddenly goes up again after a dip, that’s why you have to be focused on your trade.

Then you can try Hodl, but you have to be careful of which coins you’re Hodl’ing, and you also have to understand that the market does not go up all the time and also it can take years for another bull run to happen, just like the current bull run, we had to wait for years and some people even gave up. So if you choose to just Hodl, buy at the right time and be ready to hold for a long time.

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Quote from: lichig on April 10, 2021, 04:41:41 AM

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Yes there is, as long you believe on it and you know what you're doing, then it can lower the risk.

Safe strategy is to play long term with the good projects for example on Binance, you'll buy at the bottom price and you wait for its to recover this may not be the safest strategy, but as long as your money is on a good project there's still an assurance that you can make profit.

davis196

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There's no such thing as "safe strategy".There are low risk/low profit strategies and high risk/high profit strategies.I wouldn't even call them strategies,because a strategy is more like a plan.
This is just trader tactics.Some traders love taking risks,while others want stability and predictability,combined with low profit margins.
I consider crypto day trading to be riskier than buying Bitcoin/altcoins and HODLing them in the long run.
Buying tokens,issued by new crypto projects is extremely risky.I do not recommend it to newbies traders.

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Quote from: lichig on April 10, 2021, 04:41:41 AM

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Yes and no. Yes, there are strategies with very low risk – e. g. options premium strategies (Bull call spreads, …). But: low risk strategies come with lowered profit targets while mid or high risk strategies give a better profit target on higher risk.

But none of these work on the long run without proper money and risk management. If you've previously lost all, you money- and risk management was lacking. Take your time to learn how to set entry and exits before you enter the market and learn how to calculate your risk-to-reward before entering the market. You should never be in a position where a few number of trades can blow your trading account.

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Quote from: Kittygalore on April 10, 2021, 05:06:55 AM

I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.

I just wonder why people like OP are not at all listening to this community but still looking for safest strategy for their trading purposes. When you are coming into trading, there cannot be anything safer; you must need to risk all your capital, time and efforts still there cannot be any assured results. But, holding bitcoin is something a stop for such people. The safer heaven for easy money.

Quote from: LUCKMCFLY on April 10, 2021, 04:02:01 PM

If you want to establish strategies, there are many, as I said, you have to think carefully about your approach, whether it is investment or market speculation.

There are hundreds of thousand available but I bet none of them is safe for our capital. Holding is also a kind of strategy but it requires less technical part hence people never accept it as a strategy and never think about to make use of it for multiplying their capital.

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Quote from: zanezane on April 11, 2021, 06:09:43 AM

Quote from: crwth on April 11, 2021, 05:47:42 AM

Trading itself is a risk, and there's technically no safe strategy but to HODL. If you are not going to trade daily or become a full-time trader, it's best to get a bot like Gunbot. You could customize many strategies with different buy methods and sell methods so you could make most of anything. It could handle risk management etc. That's just my suggestion if you are looking to trade and don't have the time to monitor it the whole day.

I would back that suggestion, even though I do not trade yet because I believe that with bots that you can tweak to your specifications, you can actually do more things and you can make daytrading a passive income. Hodling is good but there is a limit because you might be able to make some more bitcoin if you try to move it.

Well, it would depend on the trader too and as long as you learn and understand the ropes with your chosen tool, you can get the best opportunities out of it. For example, new licenses in Gunbot now have access to Gunbot School and there you would learn basics on it, to basically utilize it completely. Hodling is a different kind of scenario because it requires tremendous emotional strength to not sell. Lol.

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Quote from: lichig on April 10, 2021, 04:41:41 AM

Hi there!

I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.

Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.

I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.

For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.

So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?

Thank you!

Not necessarily. Without the risks or challenges, you cannot gain advantage and make a profit. Business or commerce has no clear concept of safety or risk. It is only properly perceived in the transformation into opportunity. There has been a saying "the most risky place is the safest place"! and now bitcoin has gone through the bubble and made believers rich.

ipanks

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There is no such thing as a safe strategy as everything is under your control. I suggest you close the trading when you make a profit to not think about losing the profit in the next minutes. That is the best and safe strategy for every trader. If you still chase the profit while you do not know when the rate will go, it will be too risky because the price can go anywhere.

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The first question should be what do you consider a safe strategy? If by safe strategy, you mean a strategy that gives 100 percent profit and doesn't lose any trade, then there is no such thing as a safe strategy in trading.
No professional trader would tell you that there is a strategy that guarantees profits 100 percent of the time because there's no strategy that would do that.
The only safe strategy is not in trading but in buying and buying bitcoin and holding for a long time in order to have some significant profits.

Sled

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You better not do that again, definitely, isn't working right.
I'm not also a full-time trader, I also did a trade during my free time but I choose those coins that are already been in the market for quite long, not those coins that are new. Coz base on my observations, more often new projects will surely dump once it is open for trading, maybe we can manage to hold it maybe this could save us but normally, it takes a long time to recover which actually a loss of our time waiting.

But there is one way to avoid that scenario, to spread your money, not only to focus on one coin but rather to have 2-3 different coins.

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Quote from: Ararbermas on April 11, 2021, 06:02:14 AM

Quote from: Kittygalore on April 10, 2021, 05:06:55 AM

I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.

you have point there mate. The question now is if OP can handle such way? .. Because seems he still lack of knowledge. Probably for now the best thing to suggest first in my own opinion, is by reading some books about trading, wherein in order for him obtain specific information and strategies .. Btw here's the thread OP if you're interested (Trading book I have read so far) this was posted by death69 with Free links of books. So don't hesitate to read that books if you have free time because it can really help you.

OP wants to atleast trade for twice a week so hodling it for long term is not counted though it is considered a safe strategy. For me there is really no safe strategy when it comes to trading, you don't really know what can happen on the crypto market. A coin that is good to buy at its current price doesn't guarantee you that it would pump or give you profit it in a week. Sometimes they consolidate for many days that if you lose patience you will sell it at loss. I suggest that dividing your capital into multiple cryptocurrencies, so the chance for you to gain profit in a week will be high.

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Quote from: crwth on April 11, 2021, 05:47:42 AM

Trading itself is a risk, and there's technically no safe strategy but to HODL. If you are not going to trade daily or become a full-time trader, it's best to get a bot like Gunbot. You could customize many strategies with different buy methods and sell methods so you could make most of anything. It could handle risk management etc. That's just my suggestion if you are looking to trade and don't have the time to monitor it the whole day.

I would back that suggestion, even though I do not trade yet because I believe that with bots that you can tweak to your specifications, you can actually do more things and you can make daytrading a passive income. Hodling is good but there is a limit because you might be able to make some more bitcoin if you try to move it.

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