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Topic: Safest trading strategy - page 3. (Read 1990 times)

sr. member
Activity: 586
Merit: 251
July 16, 2020, 09:32:31 PM
I think this is also a nice strategy, you really don't need to chase the market,you buy some bitcoin and as it's moving you surely have a reserve usdt to buy more if it retraces or dip by this way you really don't have to fud or fomo, you just take it as it comes. Nice one mate.
Fomo is really the worst enemy of the trader, but I think that there is no strategy that will not have risks. if you work with cryptocurrency and trading, then there are always risks and they are very high.
I agree with you. Any trading strategy can be wrong if the market suddenly collapses and that's something no one wants when participating in trading. When people think the whole coin will rise, the bear market will definitely come back again and stamp out all that thinking in a short time. If you have decided to invest, you should be different from everyone because this is the only way to make the most profit when participating.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
July 16, 2020, 03:53:16 PM
I think this is also a nice strategy, you really don't need to chase the market,you buy some bitcoin and as it's moving you surely have a reserve usdt to buy more if it retraces or dip by this way you really don't have to fud or fomo, you just take it as it comes. Nice one mate.
Fomo is really the worst enemy of the trader, but I think that there is no strategy that will not have risks. if you work with cryptocurrency and trading, then there are always risks and they are very high.
full member
Activity: 491
Merit: 100
July 16, 2020, 03:13:19 PM
I think this is also a nice strategy, you really don't need to chase the market,you buy some bitcoin and as it's moving you surely have a reserve usdt to buy more if it retraces or dip by this way you really don't have to fud or fomo, you just take it as it comes. Nice one mate.
member
Activity: 1274
Merit: 14
July 16, 2020, 02:57:09 PM
It would seem that the best strategy is to buy at a lower price - to sell at a higher price. But how to determine the line where the first is and where the second is. And most importantly, when this or that moment comes. Having received the answer to these questions, you will be left with a profit, but unfortunately, this does not always happen.
member
Activity: 759
Merit: 15
July 16, 2020, 12:35:46 PM
yes and an excellent strategy that will surely bring good gains I think I will begin to follow it too any losses in this way are reduced to a minimum and then bitcoin always has periods of growth
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 16, 2020, 09:45:26 AM
Yes, this is a good tactic, sell on growth if there is a fall, buy more. With this strategy, you are less at risk. But this tactic that you describe is not like trading it is most likely an investment. Since when traders see that the market is not going in their direction they close the deal at a minimal loss. And according to your strategy, people have been waiting since 2017. this is not a trade but an investment.

Good observation you have there mate. For all we know we have been buying and buying when the coin or token is at its lowest - at a certain point in time. What I mean is if the coin is low that day then we buy more coins. If you are not satisfied with the performance of the coin then you wait until you get the selling price you want and as you say it becomes an investment. But what I like to know with our fellows here what would be the best day strategy that you can implement to ensure that you can get more profit on that day?
jr. member
Activity: 448
Merit: 4
July 15, 2020, 04:38:18 PM
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.


Yes, this is a good tactic, sell on growth if there is a fall, buy more. With this strategy, you are less at risk. But this tactic that you describe is not like trading it is most likely an investment. Since when traders see that the market is not going in their direction they close the deal at a minimal loss. And according to your strategy, people have been waiting since 2017. this is not a trade but an investment.
jr. member
Activity: 573
Merit: 1
July 15, 2020, 03:56:05 PM
 I always advice newbies who want trade to avoid chasing coins upward . Do not FOMO buy any coin try to  buy the  dip and  sell high but  also  try to avoid greed. Greed is one thing that will spoil any strategy you  choose in trading whether newbie or professional if you cannot overcome greed then you are bound to lose.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
July 15, 2020, 01:34:55 PM
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.



Simply saying, buy when it dumps, sell when it pumps. That was really an agreeable safe trading strategy that one crypto user must use. Even from beginners to veterans I bet many are also using that strategy. But you must always look how the behavior of the prices are placed because you might be missing greater opportunity by just grabbing every moment of sudden drop and pump. What I mean is that observe if it will go deeper or it will go higher because by doing that, you can grab more opportunity compared to buy when it just drop down by a small amount and sell when it pumps on a small amount.

The strategy might look simple to think but we are in a volatile market wherein the price behavior of the coins are undeniably unpredictable that is can shift into any direction in no time. So if you were aiming for a higher profit and opportunity of buying a low price, you must keep an eye and be observant on sudden changes. Do not always grab and go for there are possibility of greater opportunity. But you can do that if you are already familiar on how a certain coin come and go when it comes to price behavior. Small profit is still an income and blessing, but if you were seeking for greater good, you must be patient and observant to grab greater opportunities on trading.
full member
Activity: 1638
Merit: 122
July 15, 2020, 11:51:52 AM
Buying low and selling high is the most safest trading strategy, one you get used to this there is no going back, I used NEO and Bitcoin only for trading because of their fast recovery even when bears take over crypto space
Yes, it is very nice to say "Buying low and selling high is the safest trading strategy" but many people don't know when the lowest price point is in a coin or token and when the highest price point is on a coin and token, this is difficult to predicted by all traders in general.

we will know it if we keep on tracking the footsteps of the coins  . if they stay on that particular spot many times then that is the most accurate value that they could end up  .

 this should be the safest strategy for trading  because its also easy to understand  .  newbie or experts will know how to initiate it but strategies that are not usual in our ears is too risky to depend on   .
full member
Activity: 1078
Merit: 102
July 15, 2020, 11:36:27 AM
I'm using USDT pairs on trading right now. Futures trading. Not an expert but even if its bear or bull, you'll still earn profit if you know how to trade. I use 20% leverage and am trying to learn more.
full member
Activity: 910
Merit: 101
July 15, 2020, 11:26:57 AM
Buying low and selling high is the most safest trading strategy, one you get used to this there is no going back, I used NEO and Bitcoin only for trading because of their fast recovery even when bears take over crypto space
Yes, it is very nice to say "Buying low and selling high is the safest trading strategy" but many people don't know when the lowest price point is in a coin or token and when the highest price point is on a coin and token, this is difficult to predicted by all traders in general.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 15, 2020, 11:15:42 AM
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
Good strategy and l prefer also buying any coin at a low price and hold till price increasing, then sell them. Maybe it is the best strategy, but during this time it is so hard to find any coin which can be profitable in the future. For that reason l prefer top altcoins, l think if you can be enough patient you should collect some top altcoins like ETH. That is why top altcoins are great choice for long term investing, it seems price increasing will take a long time.
I have to say this is not a good move at all! You can do the buy and hold thing, but do not use all of your capital! The rule of most investors I know is that they never invest more than 80% of their capital into a single project. That's too risky. Agree that when it succeed, you earn more profits. However, what if it fails? Allocating capital to various projects is also a skill that traders and investors should learn!

As they all say, "Don't put all your eggs on the same basket". I learned that the hard way in the past so now I make sure I trade with the coins that I trust. Don't be greedy too, if you want to be a good day trader, then try to buy low and then sell high but not too high that you need to wait a long time before it can be sold. You can be strategic in your decisions and you will get a decent profit.
full member
Activity: 504
Merit: 100
Option Blitz
July 15, 2020, 01:58:31 AM
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
Good strategy and l prefer also buying any coin at a low price and hold till price increasing, then sell them. Maybe it is the best strategy, but during this time it is so hard to find any coin which can be profitable in the future. For that reason l prefer top altcoins, l think if you can be enough patient you should collect some top altcoins like ETH. That is why top altcoins are great choice for long term investing, it seems price increasing will take a long time.
I have to say this is not a good move at all! You can do the buy and hold thing, but do not use all of your capital! The rule of most investors I know is that they never invest more than 80% of their capital into a single project. That's too risky. Agree that when it succeed, you earn more profits. However, what if it fails? Allocating capital to various projects is also a skill that traders and investors should learn!
member
Activity: 518
Merit: 28
July 15, 2020, 01:48:30 AM
Buying low and selling high is the most safest trading strategy, one you get used to this there is no going back, I used NEO and Bitcoin only for trading because of their fast recovery even when bears take over crypto space
jr. member
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
July 15, 2020, 01:38:34 AM
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
Good strategy and l prefer also buying any coin at a low price and hold till price increasing, then sell them. Maybe it is the best strategy, but during this time it is so hard to find any coin which can be profitable in the future. For that reason l prefer top altcoins, l think if you can be enough patient you should collect some top altcoins like ETH. That is why top altcoins are great choice for long term investing, it seems price increasing will take a long time.
Actually if you will ask me it is a good strategy or not, my answer is it is not a good strategy. It is not even a strategy, probably the creator of this thread are basically making money from it because of luck. HODL is not always the answer for us to earn a lot of money, there are a lot of factors that should be consider when you will do HODL like time, allocation, stop loss levels and many more.

HODL is a decent "strategy" in an "ever-growing market" like crypto, but once in a while, dips will make you lose all your profits and set you back for a year or so. Someone who bought BTC at 15k before the ATH (so not even at ATH), and HODLed since, was pulling hair at every drop, down to 3k, and is still to get into profit zone, prolly not for at least a year or so.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
July 13, 2020, 11:48:10 PM
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
Good strategy and l prefer also buying any coin at a low price and hold till price increasing, then sell them. Maybe it is the best strategy, but during this time it is so hard to find any coin which can be profitable in the future. For that reason l prefer top altcoins, l think if you can be enough patient you should collect some top altcoins like ETH. That is why top altcoins are great choice for long term investing, it seems price increasing will take a long time.
Actually if you will ask me it is a good strategy or not, my answer is it is not a good strategy. It is not even a strategy, probably the creator of this thread are basically making money from it because of luck. HODL is not always the answer for us to earn a lot of money, there are a lot of factors that should be consider when you will do HODL like time, allocation, stop loss levels and many more.
I agree with you. Making money from this market will often depend heavily on luck and certainly, not everyone succeeds when trading in this market. I think if you're new, you're going to go through a lot of hard times and things might go against your mind. One way or another, it is necessary to have a strategy before buying to avoid risks because this market is very volatile and very unpredictable.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 13, 2020, 08:24:18 PM
Well, it's best you decide your motive for trading first, e.g are you going in for long, medium or short term? I do all of these 3, but I must have determined before entering. In all of these, you still have to invest with any amount you could afford to lose, the truth is usually bitter though.
Another point is that if you are entering a trade for a medium or long term purpose especially, I would suggest you consider using an instant swapping platform like https://changenow.io, so that you can keep the cryptocurrency asset you are buying in your own personal wallet that you hold the private keys or mnemonic phrases. It could be very dangerous to keep altcoins on centralized exchanges for long as many of them have scammed users of their funds in the past and packed up.
I wish us all the best in this crypto trading journey!

you should really know your goals before entering in crypto trading. aside from that ask yourself, are you familiar or have done your homework to know the coins that you want to get involved with?
 at least have a list on what your objectives are and the list of potential coins that youre looking at. i guess it would be helpful if youre taking notes if youre looking at various coins.
sr. member
Activity: 924
Merit: 275
July 13, 2020, 07:44:04 PM
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
Good strategy and l prefer also buying any coin at a low price and hold till price increasing, then sell them. Maybe it is the best strategy, but during this time it is so hard to find any coin which can be profitable in the future. For that reason l prefer top altcoins, l think if you can be enough patient you should collect some top altcoins like ETH. That is why top altcoins are great choice for long term investing, it seems price increasing will take a long time.
Actually if you will ask me it is a good strategy or not, my answer is it is not a good strategy. It is not even a strategy, probably the creator of this thread are basically making money from it because of luck. HODL is not always the answer for us to earn a lot of money, there are a lot of factors that should be consider when you will do HODL like time, allocation, stop loss levels and many more.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
July 13, 2020, 06:50:34 PM
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
Good strategy and l prefer also buying any coin at a low price and hold till price increasing, then sell them. Maybe it is the best strategy, but during this time it is so hard to find any coin which can be profitable in the future. For that reason l prefer top altcoins, l think if you can be enough patient you should collect some top altcoins like ETH. That is why top altcoins are great choice for long term investing, it seems price increasing will take a long time.
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