Topic: Post your trading idea and I will show it's weaknesses (Read 475 times)
Buy cheap sell high best strategy. But also try to looking for some pattern.
My idea in trading is to buy a new coin, that appears in the market because I think the new coin price for the future is increasing
My experience with Bittrex adding new coins is that it's only worth it if you can buy some within an hour of its listing at most. After that the price is going to spike temporarily, then plummet down to a point where it will be very hard to recover your loss. Just look at Mercury, PowerLedger, Viberate, etc... What are you trying to do with this post? When i used to trade, i used to divide all my balance in five parts, and of course that they all were equal, about 0.05 bitcoins each one, maybe more if i had more balance on my account.
but it was a nice balance, because i used to put those trades into one of the altcoins and then wait until that order was filled up by more than 5% profit, when the day was going to end, i closed that trade and i used to make more than 5% of my whole portfolio everyday.
but it was a nice balance, because i used to put those trades into one of the altcoins and then wait until that order was filled up by more than 5% profit, when the day was going to end, i closed that trade and i used to make more than 5% of my whole portfolio everyday.
If you were doing so good, why did you quit?
If you want to make trading, It will be very efficient in this regard. Because trading is a lot of planned work. The time of trading need to have knowledge about all the crypto. If you have time to trade something like this is possible .
My idea is to invest a certain part of the money into alt-coin(s). Then I set the goal, lets say to get 100% profit. And then I pull the basic investment back.
It's only value that it is automated and You don't have to trade manually. Still it will not give You an edge. Signals will make profit only for those who sell it.
¨I don't understand your point here: it will buy and sell automatically...I am curious to hear an opinion if these underlying signals are really good buying signals. Usually they are using Technical Analysis (e.g. Bollinger Bands) signals from more or less the experience of FX trading. Can you just apply them to Cryptos?
Selling is the easy part: I just give a profit %-age and it will sell automatically.
Of course,,, buy cheap and sell high.
I also try to move coins between Exchanges and buy cheap on one exchange and than sell high on another.
I also try to move coins between Exchanges and buy cheap on one exchange and than sell high on another.
Do you mean arbitrage?? Most people prefer simple rule, buy low sell high.
If you feel that easy then just do it. But you should prepare ho much percentage you will sell it? Sometime emotion involve you can not sell in exact percentage you planning, you think it still keep going higher, but finally the price going down then you close transaction on lost.
My idea in trading is to buy a new coin, that appears in the market because I think the new coin price for the future is increasing
What are you trying to do with this post? When i used to trade, i used to divide all my balance in five parts, and of course that they all were equal, about 0.05 bitcoins each one, maybe more if i had more balance on my account.
but it was a nice balance, because i used to put those trades into one of the altcoins and then wait until that order was filled up by more than 5% profit, when the day was going to end, i closed that trade and i used to make more than 5% of my whole portfolio everyday.
but it was a nice balance, because i used to put those trades into one of the altcoins and then wait until that order was filled up by more than 5% profit, when the day was going to end, i closed that trade and i used to make more than 5% of my whole portfolio everyday.
what do you think about automated crypto trading bots like cryptohopper? I mean it seems like it is a very convenient way...but are these technical buy and sell signals actually working? do you have any experience in that?
Its very convenient if you see from the easy trading that just made by automated bot without we get involve in the decision.
But so far, as i know its big weakness of bot trading is we believe all buy and sell action to bot which is just tool. Tool is not working properly without good driver.
Trading is a very hard work. Feel free to post your trading ideas and we will discuss it, if it is worth even start to trade that way. Maybe we will improve it.
One of the best strategies is to invest what you can afford to loose with no problems and hold. You will not be emotional that way. Bet small where risk is high but potential is to make big gains. You must have attitude "I don't care". Be patient. Feel the market. Small guys have o be aggressive, and when you will be big guy you can afford to be defensive.
One of the best strategies is to invest what you can afford to loose with no problems and hold. You will not be emotional that way. Bet small where risk is high but potential is to make big gains. You must have attitude "I don't care". Be patient. Feel the market. Small guys have o be aggressive, and when you will be big guy you can afford to be defensive.
1) start only with new idea .
2) buy cheap coins which price can up in long term.
3) take risks .
4) try to find cheap products / workers (go to Africa or Asia) and back to sell it with high price .
5) must loss and learn how to earn from loss.
Trading is a very hard work. Feel free to post your trading ideas and we will discuss it, if it is worth even start to trade that way. Maybe we will improve it.
One of the best strategies is to invest what you can afford to loose with no problems and hold. You will not be emotional that way. Bet small where risk is high but potential is to make big gains. You must have attitude "I don't care". Be patient. Feel the market. Small guys have o be aggressive, and when you will be big guy you can afford to be defensive.
One of the best strategies is to invest what you can afford to loose with no problems and hold. You will not be emotional that way. Bet small where risk is high but potential is to make big gains. You must have attitude "I don't care". Be patient. Feel the market. Small guys have o be aggressive, and when you will be big guy you can afford to be defensive.
1) start only with new idea .
2) buy cheap coins which price can up in long term.
3) take risks .
4) try to find cheap products / workers (go to Africa or Asia) and back to sell it with high price .
5) must loss and learn how to earn from loss.
Of course,,, buy cheap and sell high.
I also try to move coins between Exchanges and buy cheap on one exchange and than sell high on another.
I also try to move coins between Exchanges and buy cheap on one exchange and than sell high on another.
How big gaps are there? I noticed that bitcoin gold had huge gaps when it first came tradeable, but how you see this in older coins?
Of course,,, buy cheap and sell high.
I also try to move coins between Exchanges and buy cheap on one exchange and than sell high on another.
I also try to move coins between Exchanges and buy cheap on one exchange and than sell high on another.
Buy cheap and sell high, of course. To be more spesific, sell at 6% higher than buying price. Currently adjusting right persentage. But I know myself the flaw: I have no algorithm for choosing what to buy.
It's only value that it is automated and You don't have to trade manually. Still it will not give You an edge. Signals will make profit only for those who sell it.
what do you think about automated crypto trading bots like cryptohopper? I mean it seems like it is a very convenient way...but are these technical buy and sell signals actually working? do you have any experience in that?
Trading is a very hard work. Feel free to post your trading ideas and we will discuss it, if it is worth even start to trade that way. Maybe we will improve it.
One of the best strategies is to invest what you can afford to loose with no problems and hold. You will not be emotional that way. Bet small where risk is high but potential is to make big gains. You must have attitude "I don't care". Be patient. Feel the market. Small guys have o be aggressive, and when you will be big guy you can afford to be defensive.
One of the best strategies is to invest what you can afford to loose with no problems and hold. You will not be emotional that way. Bet small where risk is high but potential is to make big gains. You must have attitude "I don't care". Be patient. Feel the market. Small guys have o be aggressive, and when you will be big guy you can afford to be defensive.
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