major strategies for trading cryptocurrency

lixer

hero member

Activity: 2562

Merit: 586

Quote from: carlfebz2 on December 05, 2022, 04:36:18 PM

We do have lots of ways and methods which each trader do really keeps on trying to find up on which one is really working but we know the truth that everything
could really be that on random.This is the reason on why we do keep on looking for something better which it is really basing up on what conditions or situations you are facing on.
Outcomes could really be in random and this is why there's no way that we could say that it does have the precision.

Isn't it funny? I mean why we have so many indicators, tools and starts when at the end the market movement can still go as opposed to what you are predicted. Unless only if you join those pump and dump groups because they can be able to manipulate new coins. As long as they are not a scam, the signals that they can give are mostly accurate.

Still, it's up to you guys if which one you prefer. If you prefer the old way to trade then just go on. I am no way of supporting those pump and dump groups either. There is still a thrill and excitement when trading original cryptos because you do not know if what can come and once you predict them correctly, it gives a good feeling.

carlfebz2

hero member

Activity: 2926

Merit: 722

CoinPoker.com

RSI
MACD
MA
EMAs
Support and resistance lines
Fibonacci

When it comes to technical indicators then these are the most common ones been used.

Quote from: GeorgeJohn on December 05, 2022, 03:30:45 PM

Quote from: alik111 on November 20, 2022, 10:14:55 AM

You can't say these as strategies for crypto trading. They are some indicators to trade . Again DCA is not a trading strategy it's an way of proper investment. There are also many trading indicators. Day trading, Scalping and Arbitrage can be called strategies of Trading in my opinion.

Actually we have different method or varieties of trading options as portrayed, but the only thing is that someone will discuss the one is aquatinted with, so whoever that list it own way of trading, that means it's the strategies it known to work or operate via trading, it's obvious that we have methods of trading which if you're a trader you will not like to adhere in some trading method here but you work with what you encounter during your experience in trading.

This is true.

We do have lots of ways and methods which each trader do really keeps on trying to find up on which one is really working but we know the truth that everything
could really be that on random.This is the reason on why we do keep on looking for something better which it is really basing up on what conditions or situations you are facing on.
Outcomes could really be in random and this is why there's no way that we could say that it does have the precision.

GeorgeJohn

hero member

Activity: 1484

Merit: 711

Cryptocurrency is power

Quote from: alik111 on November 20, 2022, 10:14:55 AM

You can't say these as strategies for crypto trading. They are some indicators to trade . Again DCA is not a trading strategy it's an way of proper investment. There are also many trading indicators. Day trading, Scalping and Arbitrage can be called strategies of Trading in my opinion.

Actually we have different method or varieties of trading options as portrayed, but the only thing is that someone will discuss the one is aquatinted with, so whoever that list it own way of trading, that means it's the strategies it known to work or operate via trading, it's obvious that we have methods of trading which if you're a trader you will not like to adhere in some trading method here but you work with what you encounter during your experience in trading.

QueenVera

hero member

Activity: 1078

Merit: 570

Leading Crypto Sports Betting & Casino Platform.

Quote from: Bitstar_coin on December 03, 2022, 02:52:50 AM

It is clear OP has no knowledge about trading strategies used by many traders, perhaps the intention of this post was to direct users to the website for traffic or so.

It's clear that the OP only wanted the link he's advertising to be seen as he seems to not know anything about trading and this can be seen with many other post on this board.
People just come over here to make posts without actually knowing anything about trading. This type of post can be deceiving as newbies that come in to the board to seek some trading advise will be misleaded.
The OP mixed everything up as strategies such as DCA can only work with investing and not trading.
DCA when trading makes no sense as this strategy only becomes profitable when it's been done for long periods and trading is mostly short time duration.

Alisha-k

member

Activity: 840

Merit: 23

Those strategy listed by OP cannot be used as a main strategy for trading. Let take moving averages for example with are directional lines which either appears above or below a trend at depending on the trend. Sometimes it can give out fake signals. I call the listed strategies indicators and the work of an indicator is both to give a signal that is subject to candle stick confirmation and to make reference to where the price might move to in the future. No strategy is ever accurate if they are used alone.

Ziskinberg

hero member

Activity: 2926

Merit: 636

For campaign management look for Little Mouse!

I think it is a need for OP to know more about trading and familiarized everything. I'm not sure he is able to review what he has posted.
Anyways, it wasn't a really bad attempt OP but don't encourage people to do trading and say it was sustainable when you know yourself that trading guarantees nothing about profit. And I will tell you OP that trading is risky and even if you have all of those strategies ( not you have mentioned), you can't simply just say that you become profitable.

https://www.ig.com/en/trading-strategies/the-5-crypto-trading-strategies-that-every-trader-needs-to-know-220708
I think this is what OP meant to that makes him confused.

crzy

full member

Activity: 2128

Merit: 180

Quote from: alik111 on November 20, 2022, 10:14:55 AM

You can't say these as strategies for crypto trading. They are some indicators to trade . Again DCA is not a trading strategy it's an way of proper investment. There are also many trading indicators. Day trading, Scalping and Arbitrage can be called strategies of Trading in my opinion.

Indicators are not a strategy, it will still depend on how you approach the market and how will you use those indicators to come up with your trading decision. Yes, DCA is only good for long term investment and not applicable with trading. There are some tradings who don’t use much of indicators, again if you are going to trade better to create a strategy and stick with it.

palle11

sr. member

Activity: 2310

Merit: 332

Quote from: AmoreJaz on December 04, 2022, 04:19:50 PM

aside from those technical strategies, i guess, one good addition to note is to keep an eye from the social media channels of the coin you are interested to get involved with. because you can learn those TAs, but to get a hint on where the project is heading to is you need to lurk around their channels. investigate if they have plans or just pure talks on what they are planning to do. you will be blind if you are just basing the movement on the TA. because some coins don't follow the TA, they have their own market movement according to the plan of the devs.

Telegram and the social media handles are part of the signals to watch on. There are announcement that go on with the project that only those following through such medium can plan towards it. Some news can make a coin to drop while some can pump a coin like listing in a new and big exchange, partnership of reputable company. So getting into social media channels is helpful as a strategy.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on December 03, 2022, 12:04:46 AM

Well, I have really been looking for many strategies to do scalping, but now it is what I think can be won faster, of course it should be noted that at the moment I am trading but in forex, so the volume is fully consolidated and the voltality is not high enough to do in altcoins, or even in Bitcoin I hope that for now as we are in the middle of the world crypto.com will do its part and make bitcoinm grow in price, I think that if it can be done, everything has to be done the sponsorship that can be achieved, I think it is the golden opportunity to do it, however there are many strategies that I have used on YouTube, but I don't know, sometimes they fail a lot.

aside from those technical strategies, i guess, one good addition to note is to keep an eye from the social media channels of the coin you are interested to get involved with. because you can learn those TAs, but to get a hint on where the project is heading to is you need to lurk around their channels. investigate if they have plans or just pure talks on what they are planning to do. you will be blind if you are just basing the movement on the TA. because some coins don't follow the TA, they have their own market movement according to the plan of the devs.

Flexystar

full member

Activity: 1092

Merit: 227

Quote from: mk4 on November 19, 2022, 06:55:30 AM

Quote from: Oshosondy on November 19, 2022, 06:43:51 AM

DCA is not a trading strategy, it is an investment strategy. In trading, you can use averaging.

Or specifically, twapping (Time-weighted average price).

As for the article OP linked, there's no way to sugarcoat this — but it's total utter crap. And what makes it worse is that it's a "crypto signals" service.

Twapping? Tell me more about it if it is even slightly different than what is DCA! That is really new word I have read associated with the trading after very long time. That’s why I’m specifically asking for this. As far as DCA is concerned I am already buying at various entry points and trying to keep my average price towards the lower side. I think in case of twapping its more or less making purchases at right time or figuratively at times whenever price drops? I might be wrong but correct me if so. Thanks.

Bitstar_coin

hero member

Activity: 2408

Merit: 693

SOL.BIOKRIPT.COM

Quote from: Ryker1 on November 19, 2022, 07:08:41 AM

Quote from: Robert518 on November 19, 2022, 06:23:52 AM

^[snip]
Learn: How to Trade Cryptocurrency for Sustainable Profits in 2022

A lot of mistakes --how do you think there is a strategy that makes a sustainable profit?
There are no such strategies, OP mentioned seems misleading to newbies, and the post above was right. They are tools that you can use in trading but they are not strategies.
This article for trading tips is better than your ^{[ https://www.investopedia.com/articles/trading/06/daytradingretail.asp ]}

It is clear OP has no knowledge about trading strategies used by many traders, perhaps the intention of this post was to direct users to the website for traffic or so. I don't know how he can consider DCA as trading strategy, that's highly misleading.
I feel sorry for the none forum members who would visit that site and actually thought those are great info on trading.

LUCKMCFLY

legendary

Activity: 2450

Merit: 1855

Leading Crypto Sports Betting & Casino Platform

Well, I have really been looking for many strategies to do scalping, but now it is what I think can be won faster, of course it should be noted that at the moment I am trading but in forex, so the volume is fully consolidated and the voltality is not high enough to do in altcoins, or even in Bitcoin I hope that for now as we are in the middle of the world crypto.com will do its part and make bitcoinm grow in price, I think that if it can be done, everything has to be done the sponsorship that can be achieved, I think it is the golden opportunity to do it, however there are many strategies that I have used on YouTube, but I don't know, sometimes they fail a lot.

ajiz138

hero member

Activity: 1498

Merit: 785

I'm not sure this is the main strategy in trading when you put DCA into it, do you understand how DCA works? Don't many say it's for long term investment?

So don't get me wrong, they already know about the main basics of trading but what you mention is not correct maybe it's better to correct what you said and in the article.

Many say you have a lot of mistakes in the mentioned I think it's true.

livingfree

hero member

Activity: 2842

Merit: 578

Quote from: tranthidung on November 20, 2022, 05:50:57 AM

Quote from: Robert518 on November 19, 2022, 06:23:52 AM

DCA (Dollar Cost Averaging

DCA is more matched with long term investment, not with trading.

I agree.

It is more about being on the side of investing and you'll just do it passively like whenever you want or feel or when you've seen the market is ideal to buy.

Unlike trading, you're more active on it and you've been at a close look with the market at all times. But just as investing, trading also requires patience and waiting.

BitMaxz

legendary

Activity: 3304

Merit: 3037

BTC price road to $80k

If you are using trading view there are lots of trading indicators that you can use those lists are common indicators used by many traders. There is no perfect strategy and no one is perfect at predicting what will happen to Crypto. Since Bitcoin and other coins are too volatile it's unpredictable no one will know what will be the price of the coin in the future, everyone can predict any coin and indicators is just a tool that can help you to decide when to buy or sell(that you can also use as a signal.).

alik111

member

Activity: 362

Merit: 12

You can't say these as strategies for crypto trading. They are some indicators to trade . Again DCA is not a trading strategy it's an way of proper investment. There are also many trading indicators. Day trading, Scalping and Arbitrage can be called strategies of Trading in my opinion.

xanto

member

Activity: 216

Merit: 11

I can't say anything about the DCA,but I have always used the MFI
It shows the intensity with which money is invested and withdrawn from cryptocurrencies,analyzes trading volumes and price ratios in different periods
I am not asking anyone to follow my way,but this index helped me a lot in my time

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

Quote from: Robert518 on November 19, 2022, 06:23:52 AM

DCA (Dollar Cost Averaging

DCA is more matched with long term investment, not with trading.

Two important reasons that DCA is not good for trading

Most of traders use all their capital for trading. Consequently, if they have bad entries, they no longer have another capital (reserved one) for DCA
DCA is good for Bitcoin but for altcoins, it is not too good. Most of altcoins lose their prices about -90% from their all time highs. So what do you plan to DCA with altcoins? The more you DCA, the more risk you are taking more loses. Even if you DCA around bottom, you might exit when you lose your patience and feel angry with market.

DCA Bitcoin: https://dcabtc.com/

Oshosondy

legendary

Activity: 1414

Merit: 1118

...gambling responsibly. Do not be addicted.

Quote from: Ryker1 on November 19, 2022, 07:08:41 AM

A lot of mistakes --how do you think there is a strategy that makes a sustainable profit?

OP has lots of mistakes and he is not good in trading which can be known from what is written in the OP, they are absolutely not professional and looks like someone that is just reading about trading and knows nothing yet than memorizing it. But trading can give you sustainable profit if you are professional enough to trade with the best amount you can afford to trade, using indicators and having the right strategies, but most traders do not have all these qualities.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

What you say is not a strategy instead, an indicator that you use to analyze the coin movements. It differs from the strategies such as buying low and selling high, which are the basic strategies many people knew before.

I guess you copied from this page:

Code:

https://www.ig.com/en/trading-strategies/the-5-crypto-trading-strategies-that-every-trader-needs-to-know-220708

because I found that the point is the same as in that page.

But it is okay if you consider that it is about trading strategies.

Topic: major strategies for trading cryptocurrency (Read 239 times)