Topic: Safest trading strategy - page 4. (Read 1990 times)
Diversify. Don't buy shitcoins. Hold through dips. When I take profits, sell the things that are over-indexed in my portfolio.
My strategy : buy with all you savings which you can afford and HODL. When the bear attacks, buy and the again HODL
a very useful strategy, but I personally prefer investing coins that have good prospects for long-term investments such as ETH, BTC, BNB even though the price is very volatile.
Even if you prefer investing in coins with good future potential for long term purpose, the strategy proposed by OP should still suit you. There is no harm holding some stable coins waiting for a market dump to buy the dips. This entails quick profit, but requires a lot of patience. Hence it's easier said than done.
I think the problem is when the market is going up or down that's where we predict the price and buy when the right.
not as young as it seems and the initial problem with beginners is that when they see the value of their assets diminish they panic right away.
not as young as it seems and the initial problem with beginners is that when they see the value of their assets diminish they panic right away.
Problem with traders who's been influenced y emotions, it's hard for them to see that
the assets are falling in value.
They quickly responds and decide to cut their loses without thinking twice, it's a bad
attitude from this business.
You should always prepare yourself so whatever it takes you always have positions that
can handle your fear and adjust right away.
a very useful strategy, but I personally prefer investing coins that have good prospects for long-term investments such as ETH, BTC, BNB even though the price is very volatile.
I call it the two axis strategy if one axis cannot produce, Then it uses the other axis which is ready to operate to get income, a very good idea to still have results in every exchange market situation
I think the problem is when the market is going up or down that's where we predict the price and buy when the right.
not as young as it seems and the initial problem with beginners is that when they see the value of their assets diminish they panic right away.
not as young as it seems and the initial problem with beginners is that when they see the value of their assets diminish they panic right away.
So, try to make profits when the market or to be more precisely, Bitcoin under volatile by utilizing USDT/stablecoin? This is a great tip for newbies, not much for experienced traders. Talk is simple but when everything under motion, the market is flipping, well, you will know it wasn't that easy.
Yes, action is not as easy as speaking and giving advice, because we cannot control market conditions as we wish, very professional traders are traders who are ready in all market conditions, both in good conditions and in bad conditions.I also used that strategy when the price of bitcoin went down I just buy back bitcoin and hold until the price increase back again. Patience is the key to earn profit in trading so don't panic apply this strategy.
Patience stop loss and avoiding the panic selling are the some of the very good trading strategies that if you use it will help you to make money in the trading. Though there would be some bad days as well in the market due to volatility but overall if one continues with these three things, I guess on the right coins one would be able to make good profits.
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.
I am not really into Stable coin so i guess we will never agree in one thing here.But about Waiting time?maybe on that we will have same views because i am a HODLER and i can wait even long time until my target achieved .
because whats the sense of waiting for short term when we can surely make money in Long term?
this has been effective and i can assure you that.
I suppose you are right on that but then again if market goes green while you are still holding stable coin then it might be at lost if you decide to get in the market That kind of safe trading is just been afraid I think
Well I think the same way you think, when the market turned green and he kept stablecoins, he failed to trade. It is only safe when the market collapsed
I agree with the strategy you are talking about. it's just that, we don't know when prices will bounce back. to be honest, turning assets into USDT when prices are down is a good thing. however, if you do not realize that a bounce-back will occur, you will lose your chance to save some of your assets.
I believe that patience leads to success here in cryptocurrency business. And in fact many investors gained success by making money out of their initiative decision-making in trading. I also believe in USDT in terms of stable coin in the market, if you invested on some other coin, you can convert it to usdt in times of crucial decreasing price comes.
Each investor's decision will determine what happens next. I think the crypto market is very unpredictable right now and when choosing to trade, risks can always occur at any time. Before trading, I always plan and apply many other tactics to make a good profit. However, if the market suddenly drops, I will definitely face many big risks.
Patience is the main key in trading, as well as how ingenuity we read price movements, and always pay attention to developing issues. The things you describe are true and look easy, but I don't think it remains that way, the actual situation is more difficult than previously imagined. Especially considering that the world economy is currently in a state of decline which is unconsciously, consciously or unconsciously very influential on the development of alt coins and of course trading.
It is not even a strategy after all because there is no valid concept on it, it is a risky to try it because and it is just purely luck. He did not also mention the timeframe should use, different timeframe = different trading strategy. There are day traders who usually use daily chart and weekly chart and there are intraday traders or the scalpers who using short term time frames like 5 minutes, 15 minutes and 30 minutes. This kind of strategy that mentioned in the OP saying it is simply base on luck, so for sure that it can generate less profit and high losses.
There is no safe strategy in trading after all, what you said is just a simple strategy that can called gambling because you do not have certain criteria and simple risk management to apply very well. When I say gambling, the probability of your strategy is 50-50 and you can incur more losses because you do not have stop losses.
I suppose you are right on that but then again if market goes green while you are still holding stable coin then it might be at lost if you decide to get in the market That kind of safe trading is just been afraid I think
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.
good strategy
but, the problem in any trading strategy is about patience
because a lot of people want to get a huge profit in short period time my friend
So, try to make profits when the market or to be more precisely, Bitcoin under volatile by utilizing USDT/stablecoin? This is a great tip for newbies, not much for experienced traders. Talk is simple but when everything under motion, the market is flipping, well, you will know it wasn't that easy.
The strategy suggested by OP is dope from experience, however greed and impatience won't allow traders to hold stable coins and wait for market dump. I keep some of my portfolio in USDT and also I apply stop loss with USDT pairs so that if BTC dumps massively which leads to general market dump, I will take advantage of the market dip and make profit still.
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