The trading strategy, in my opinion, is a matter of taste. Everyone likes a different taste, meaning that every trader has their own superior strategy.
The most important key is experience and confidence and strong mental.
The OP explained a good strategy, there is an element of a backup plan when the analysis that has been done is not in accordance with market movements. However, this method is not necessarily effective for others. Some prefer all-ins for higher profit targets, often combined with cut-loss strategies, etc. The key is we really know the right timing.
Topic: Safest trading strategy - page 11. (Read 1949 times)
I've tried that strategy, but it's not always true, indeed USDT will go up if Bitcoin Dump, and if Bitcoin PUMP then USDT will go down, but USDT has the same value as fiat pairs in the country, and that also affects
That is why I prefer more how many satoshi I am holding than the USDT i have. Actively trading what you have to accumulate ore Satoshi is what a true trader should be after. Although USDT might be like a hedge, most ties, it causes a setback. Sometimes, it is even out of fear that people prefer to hold stablecoin than the real cryptocurrency itself.
Although I am not an advocate of hodl, I believe more in trading.
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
You have a good point on this statement in terms of crypto trading. But of course we still need to grow our skills and idea about in trading. Aside from knowing how to hold the coins and when to sell it at the right time, We also need to know how ride on the green and red market
we are facing it right now.
the best trading strategy that I use is to look at price trends, and of course Volume, if the trend goes up then the volume will also go up and you can sell it, if the trend goes down then the volume goes down you can buy it, and make sure you don't use your entire capital
"Buy low sell high", that is the perspective of every trader. The safest trading strategy for me is to have patience and most important that you have a goal to avoid losses. You need to set a target price where you earn profit and don't be greedy to set more higher goal because sometimes it will lead to loses. Also if you have enough trading investment much better to trade different coins with value so that you not just focus and wait for only one coin and it will not give you more profit.
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This strategy will not just need patience, but you need to avoid greed, panic, and careful because if the market down deeper, most people will panic, they will not think twice to analyze the market, but they will cut loss their asset so they can buy back at a low price.
If the price is starting to rise, people will forget of their target sell price and want to wait for the next higher price but the fact, the market can go to any price, and sometimes, the price will not touch your target price.
People will be careful to choose the coin, not just to trade bitcoin but they also trade the altcoin pair bitcoin or usdt.
But all in all, if that strategy works well for you @OP, then you can continue to trade using that strategy, and good luck to make a profit.
If the price is starting to rise, people will forget of their target sell price and want to wait for the next higher price but the fact, the market can go to any price, and sometimes, the price will not touch your target price.
People will be careful to choose the coin, not just to trade bitcoin but they also trade the altcoin pair bitcoin or usdt.
But all in all, if that strategy works well for you @OP, then you can continue to trade using that strategy, and good luck to make a profit.
why not fiat instead of usdt or stable coins . are they same ? in short we buy more btc if the market is dumping . this does not mean that you will profit because you still loose your existing btc hodling if the market goes down .
this cant be called a safe strategy then. all strats are not safe because not all strats provide secure winnings. if your strat is more of a waiting game then it isnt consider a trade but its more like investing
this cant be called a safe strategy then. all strats are not safe because not all strats provide secure winnings. if your strat is more of a waiting game then it isnt consider a trade but its more like investing
That is a simple application if you have good management, an important thing for us when we decided will buy a coin. But we must have standart for open position, when we enter and when we quit from the market.
Goal is necessary as this gives you direction and the plan to execute and exit the buying/selling option. Else you would have unrealized profits but do not now know when to exit the markets and without any goal you would keep it and the market may crash and your profits may be erased. So always have a plan.s
That is a simple application if you have good management, an important thing for us when we decided will buy a coin. But we must have standart for open position, when we enter and when we quit from the market.
Goal is necessary as this gives you direction and the plan to execute and exit the buying/selling option. Else you would have unrealized profits but do not now know when to exit the markets and without any goal you would keep it and the market may crash and your profits may be erased. So always have a plan.s
What the people who are starting to do this "half and half" thing is the simple fact that you have to still know when to buy and when to sell. You are saying that when its green do this and when red do this but a lot of people do not realize when it is green or red and that is the problem.
There are still people who are out there who basically just buys at the high because its going up and they "do not want to miss out" and when it starts to go down they sell because "they do not want to lose more", I mean that is the worst type of trading in the world but they are still doing that. Those people will not be really making any profit at all in these kinds of markets and this type of strategy, they will eventually lose money no matter what type of strategy you suggest them.
There are still people who are out there who basically just buys at the high because its going up and they "do not want to miss out" and when it starts to go down they sell because "they do not want to lose more", I mean that is the worst type of trading in the world but they are still doing that. Those people will not be really making any profit at all in these kinds of markets and this type of strategy, they will eventually lose money no matter what type of strategy you suggest them.
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
Not sure if I understood your strategy? I mean, you are saying to invest half of your coins on bitcoin and the rest on a stable coin. When the price rises you make profit. Okay fine, this makes sense. Right, now when the price falls, you trade your stable coin and buy bitcoin to multiply it? I mean, yeah you are getting back your coins (by spending your altcoins), but where is your profit? You already lost money when in your initial investment. If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
The safest trading strategy is not trading. If you are looking for the profit, you need to risk something because money doesn't grow on trees - as you heard many times, right 
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If you are following this strategy in bull market condition, you will be losing your profits so this is like standby options to cut down the losses from huge dump on the market but hoarding your coin on stable currency for longer term might reduce your actual profits so the decision is on your own, whether you want more profits or looking for safer investment plan.
USDT, USDC, or maybe PAX can be an alternative way of save your money when DUMP occurs, but stable coins can also go down if the pair in fiat countries decreases, so make sure fiat are safe in your country, this strategy is good but there are risks
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
Very good strategy, even though I've seen a similar post. Well I do same but I hold mainly USDT since there is more trading volume with USDT pairs compared to other stable coins. Presently I set low buy orders with USDT for two altcoins, hoping it picks. The good thing about holding stable coins when BTC drops in price is that you can buy more btc, it reflects by showing higher sats on one's portfolio.
Good advice, but I won't recommend people to hold stable coins like USDT for too long. Sure I use them to keep my profits but I tend to still not hold it for too long as those can be frozen.
Better be safe than sorry.
Read this thread by mk4: https://bitcointalksearch.org/topic/updated-psa-most-stablecoins-can-be-frozen-even-in-your-own-wallets-5204055
Better be safe than sorry.
Read this thread by mk4: https://bitcointalksearch.org/topic/updated-psa-most-stablecoins-can-be-frozen-even-in-your-own-wallets-5204055
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
Why do I need to spend some portion of my money in stable coins because if markets goes in red, then I can easily buy bitcoins using my fiats. I mean what is your hidden reason to employ a stablecoin in your strategy? I could not assume your own reason here. I guess you might have interpreted the application of stablecoin in different/wrong way.USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
In my understanding, you can make use of stablecoins to lock your profits in trading. It means you buy bitcoins for $9k levels and then bitcoin prices reach $10k and here you predict market may come back to $9500 levels then you can sell your bitcoins for stablecoins and you may buyback bitcoins at $9500 to enjoy the profit of $500.
The only difference between fiat and stablecoin is, to make use of fiat in above scenario, you must involve a bank account or you may need highest level of verification but with stablecoins, you just need crypto level of verification and no need of any real world bank account. In simple words, stablecoins are crypto formatted fiats or we can assume like fiats on blockchain. So, no special case in trading just because of stablecoins.
No disrespect OP, but I do not rate the waiting game as a strategy.
The waiting game as a strategy only works if you follow up the project price and trade movements while waiting
While waiting, you need to figure out the lowest bear before you get in, and the highest bull before you go in.
You are totally right about the stablecoins but Dai is alot of stress to use
The waiting game as a strategy only works if you follow up the project price and trade movements while waiting
While waiting, you need to figure out the lowest bear before you get in, and the highest bull before you go in.
You are totally right about the stablecoins but Dai is alot of stress to use
I would not have any idea if the market is favorable, but if the market is red, the solution you are offering is DCA, the problem here is that DCA will be effective if you are identifying the right trend, and vice versa. will make you more losses.
I've tried that strategy, but it's not always true, indeed USDT will go up if Bitcoin Dump, and if Bitcoin PUMP then USDT will go down, but USDT has the same value as fiat pairs in the country, and that also affects
It's true that usdt loses value sometimes but that loss is not enough something to write about, I haven't seen USDT drowning past 0.99$ per one, so are you saying the 0.01% loss is something to be worried about? I don't think so Jump to: