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Topic: Safest trading strategy - page 12. (Read 1965 times)

sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
May 15, 2020, 10:19:33 AM
#22
This is like you bet on both sides of the game. If one is losing, the other one is winning and vice versa. If you break your funds in half, 50% stablecoins and 50%bitcoin then your chance to back up which need support is close. This will work actually but I dont think I can have much profits by this cause you simply not wagering anything here or risking. I prefer to buy bitcoin then sell it when it goes green. Then your funds srablecoin is just there waiting until it goes red again then repurchased for more quantity of btc.

We should learn to earn on trading cause buy low sell high famous line could take us a long period of time to be successful.
member
Activity: 484
Merit: 11
May 15, 2020, 08:53:52 AM
#21
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.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 15, 2020, 08:41:05 AM
#20
Isn't it just the normal way to do it for profit?
Yes, it is the ordinary trading strategy that we know. Although, I appreciate what op done to help the new traders because it's not like that always we're the ones who are reading posts here.
Another strategy that one can consider is to make himself good with common cryptocurrencies. That will save him a lot of money, profit and time from choosing.
sr. member
Activity: 1890
Merit: 252
The OGz Club
May 15, 2020, 08:37:21 AM
#19
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
member
Activity: 173
Merit: 10
May 15, 2020, 07:48:25 AM
#18
You are in a good direction with the thinking split half on USDT or stable coin and half on BTC. Though under constraint time with a lot of things going on between those two, you could easily make a mistake. Need to be careful and work well under stress, not panicking are the key.
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
May 15, 2020, 07:47:55 AM
#17
That is the theory, you absolutely can make a profit in any way. But in reality, you will never do it because your mentality will be dominated and panicked when prices go up or down.
member
Activity: 143
Merit: 10
May 15, 2020, 07:17:14 AM
#16
Really safe strategy is too just not to trade at all. Every trade is risky
legendary
Activity: 2030
Merit: 1189
May 15, 2020, 07:07:30 AM
#15
Well that's not the safest trading strategy at all, since many cryptocurrencies only lose value once bought.

I personally think the safest trading strategy is buying up stablecoins at below parity rates (e.g. during a bull market) and then selling once it returns to its peg.

Repeat this throughout the year and you'll find that you can easily rack up 20-30% per year doing this.

Tether frequently drops down to around $0.99 or even lower sometimes, the same thing often happens to other stablecoins too. So long as they're not hacked or compromised, it's safe to buy them at below parity.
full member
Activity: 308
Merit: 171
jalannya dipotong sama orang
May 15, 2020, 06:41:42 AM
#14
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.
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.

Some say trading is 1% Intelligence, 99% Emotional Trading Management.
Emotional Trading Management is difficult, emotional management that you say seems easy but it's not. Making the decision to execute selling or buying requires a trading system that is run with discipline plus decision making requires technical and fundamental analysis.
hero member
Activity: 2842
Merit: 772
May 15, 2020, 06:38:04 AM
#13
Yes, you could still make money out of the list of stable coins out there.

But the thing is you have to understand when to convert your BTC to stable and vice-versa.

Also, in order to make profit here, you should invest some money here, at least in the four digits will give you a good returns, in my opinion.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
May 15, 2020, 06:36:17 AM
#12
you made it look like everything is easy, but actually it’s not as simple as you said. for example if someone buys at $9600 (red) and then the price drops to $8400 (still in red) and days later the price goes up to $9000 turning green, the person who bought at  $9600 will still be at a loss and will not go be able to sell. Nobody knows when low Is low and when high Is high, for this reason it is recommended to study the market a lot. I Trade USDT - BTC and USDT - ETH because I find it very difficult to trade BTC - Altcoins
jr. member
Activity: 1162
Merit: 1
Base.protocol
May 15, 2020, 06:25:26 AM
#11
Your strategy seems on point. The problem most traders face is panic. Even with this excellent ideas selling and buying point is also very crucial, any of them you miss one will still loss fund
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 15, 2020, 05:59:59 AM
#10
Isn't it just the normal way to do it for profit?

There are some bad notes though.
It could go green but still you are not in profit. Why? If you will not make a portfolio into how much you bought it.
Same goes with reds.
You will have to monitor everything.
full member
Activity: 874
Merit: 125
May 15, 2020, 05:58:16 AM
#9
This is the strategy many use. You can further inhance it by placing orders a bit higher and lower in different points. Like if Bitcoin price is 9K now, place a sell order to USD in 9010 and a buy order in 8990. If any one of them gets executed, place one below 10 and above 10 of current price to tap every coins.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
May 15, 2020, 05:54:06 AM
#8
That's the strategy of buying low and selling high with the help of stable coins. Usually, that's the strategy of day traders and it's very effective for them because they only have to convert and get back to bitcoin any time with the help of stable coins.
Unlike the other traders who cash out their profits and then re-deposit again if ever they want to buy again. That's doubled the hassle that you're bringing to yourself if you see the market goes up.
sr. member
Activity: 2366
Merit: 366
May 15, 2020, 05:34:04 AM
#7
This is one of the safest ways to do trading. Just wait for the price to make some spikes and swings. I have also been doing this. At some point, you will have to sell some Bitcoin also if you're stable coins are already used up and you are not yet planning to add more investment to your crypto portfolio yet.
sr. member
Activity: 1610
Merit: 294
www.licx.io
May 15, 2020, 05:19:55 AM
#6
I think that method is the easiest and most convenient way to do it. Basic question is, how much percentage of success is achieved after you try whether it is smart enough to play the game waiting and looking to generate more income ..
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
May 15, 2020, 04:43:46 AM
#5
All trading problems are from traders mental state of mind, many can't withstand losses, once they see their precious coins losing value over and over they lose patience and they will start thinking negatively, trading is it for the strong minds
legendary
Activity: 2268
Merit: 1655
To the Moon
May 15, 2020, 04:43:07 AM
#4
The best strategy is to buy cheap and sell expensive )) But when trading cryptocurrency, we do not manage to close all transactions with profit. In the strategy you described, you need to sell bitcoin in time and buy it in time after the exchange rate drops. But in practice, you will face the fact that you will have a lot of mistakes when making a decision.
full member
Activity: 360
Merit: 100
May 15, 2020, 04:14:02 AM
#3
I totally agree with you, but that's just theory. It is hard to control my panic when the price of the coin I bought has dropped dramatically. I think we need experience and a long time to train mentally.
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