Topic: Safest trading strategy - page 5. (Read 1975 times)
There is nothing wrong to say that you have shared a good trick with us. If you do it properly, it is possible to make a good profit in this way. But to do well in this way, you have to be mentally strong enough. If you remain mentally tough and keep patience, then gaining will not be a difficult task.
I invest in the long term and I prefer to save BTC and ETH, because both coins are the mother of all coins, even though we set aside some of our money for USDT, USDC, DAI is still at risk of falling prices at any time because in the crypto world there are not 100% coins Secure.
Likewise, bitcoin and ethereum can also fall at any time, as happened a few days ago when it reached $ 10k it was very quickly returned at $ 9.5K, and as you said crypto does not have a stable price. different from usdt which has a stable price and I agree with the OP opinionIf bitcoin did not have such volatility, it would not be interesting for traders. The price of the coin can change by hundreds of percent, but this does not make BTC less attractive. Our goal is to learn how to use the volatility of bitcoin and other cryptocurrencies to make a profit.
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.
Every strategy can be good, but there's no strategy that works in long run, you need to change strategy and try to adapt to the current market conditions. I can't say that trading can be completely safe, but with some steps you can lower the risk. Greediness is the number one killer, with that part I agree, doesn't matter on strategy someone is using, greediness is a money eater! Another step to lower the risks is patience, to not make sudden actions, be patient and wait for your moment, bitcoin is volatile and if you miss a good moment for something be patient and wait for next good opportunity.
You are right, traders have their ways to make a profit. their strategies will continue to change for a certain period, for certain assets, and certain situations. the sword will surely use every possibility into profit. 
I think the strategy you use is good. We should avoid selling coins with red market conditions, but the red market is a good opportunity to buy coins at low prices. But I also often try this strategy, but the coin price drops very sharply. And when the price is green and I will sell, but I still lose because the increase in the coin is not high.
But a safe strategy is not too greedy. With a little profit but we do not suffer losses.
But a safe strategy is not too greedy. With a little profit but we do not suffer losses.
Every strategy can be good, but there's no strategy that works in long run, you need to change strategy and try to adapt to the current market conditions. I can't say that trading can be completely safe, but with some steps you can lower the risk. Greediness is the number one killer, with that part I agree, doesn't matter on strategy someone is using, greediness is a money eater! Another step to lower the risks is patience, to not make sudden actions, be patient and wait for your moment, bitcoin is volatile and if you miss a good moment for something be patient and wait for next good opportunity.
I think the strategy you use is good. We should avoid selling coins with red market conditions, but the red market is a good opportunity to buy coins at low prices. But I also often try this strategy, but the coin price drops very sharply. And when the price is green and I will sell, but I still lose because the increase in the coin is not high.
But a safe strategy is not too greedy. With a little profit but we do not suffer losses.
But a safe strategy is not too greedy. With a little profit but we do not suffer losses.
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.
So basically, think in an optimistic point of view in a sense that when market goes red, there goes the opportunity of grabbing the chance to buy a cheap price then hold it for a while and go sell it once price in the market goes green to gain your profit in return and do it simultaneously.
That was a really good and the safest thing to do which I also did when I am starting up until this point of time. But still you must take into consideration the proper timing of getting and pushing through your assets so that you won't miss a chance of grabbing better opportunities. On that manner, it would be a matter of your gut feel based on what you observe on the behavior of the prices in the market. So basically the strategy really relies on how you foresee the coming of opportunities on doing tradings.
staking is also quite safe if we are talking about different trading strategyThis 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.
That is what usdt and other stablecoins are for and it annoys me when people ask again and again about why fiat backed stablecoins are even in the market, they shouldknow they serve big purpose of hedge, trading and also as a stable mode of payments. 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.
I disagree.
If you want to buy Bitcoin just buy it. If you want to buy it with half of your money then do it, but don't buy some stablecoin with the rest. It's a pointless trade. Just keep the rest in fiat.
Stablecoins arte meant to be less volatile than coins but they are still more volatile than fiat money and can go bankrupt and disappear. It's just stupid to buy stablecoins and hold them.
staking is also quite safe if we are talking about different trading strategyyes, right if we can choose the right coin to stake mate, because if we stake a bad coin
we will lost our money, so choose carefully before you stake any coin
regards
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.
If the market turns red (-5%), then most people will sell USDT and buy Bitcoin. Of course our Bitcoin number has increased. If the green market (2%) and friends sell Bitcoin, is this profitable? I don't think I got anything yet? If the market gets red (-1%), then increases to green. Are we already able to profit because the market is green. I don't think so.
Don't get stuck with green or red charts. This chart may be a game.
If you are more careful in observing the chart, in an exchange there is no transaction story, but the chart changes. This is a sign that the chart used in the exchange is not an official result of movement on the market it.
in my opinion the safest trade is to buy when prices touch support, and that I have done 80 times successfully,
it must be able to read where support and resistance are
it must be able to read where support and resistance are
I was looking this tokens.net exchange. Looks great small exchange with nice features.
I found this interesting article about it https://lanacoin.org/2020/07/03/how-to-trade-on-crypto-excanges/
I started on this trader.tokens.si and they realy return 10% of trading fees back in $BTC on my account.
Realy nice feature.
I found this interesting article about it https://lanacoin.org/2020/07/03/how-to-trade-on-crypto-excanges/
I started on this trader.tokens.si and they realy return 10% of trading fees back in $BTC on my account.
Realy nice feature.
Yeah it's safe. But i wouldn't recommend you running around buying and selling when the market is Red or Green. Why so? Because the market can react in different ways. So you must know just even the basic things on trading. Knowing support and resistance can increase your chances on trading.
I invest in the long term and I prefer to save BTC and ETH, because both coins are the mother of all coins, even though we set aside some of our money for USDT, USDC, DAI is still at risk of falling prices at any time because in the crypto world there are not 100% coins Secure.
Likewise, bitcoin and ethereum can also fall at any time, as happened a few days ago when it reached $ 10k it was very quickly returned at $ 9.5K, and as you said crypto does not have a stable price. different from usdt which has a stable price and I agree with the OP opinion
I invest in the long term and I prefer to save BTC and ETH, because both coins are the mother of all coins, even though we set aside some of our money for USDT, USDC, DAI is still at risk of falling prices at any time because in the crypto world there are not 100% coins Secure.
Likewise, bitcoin and ethereum can also fall at any time, as happened a few days ago when it reached $ 10k it was very quickly returned at $ 9.5K, and as you said crypto does not have a stable price. different from usdt which has a stable price and I agree with the OP opinion staking is also quite safe if we are talking about different trading strategy I invest in the long term and I prefer to save BTC and ETH, because both coins are the mother of all coins, even though we set aside some of our money for USDT, USDC, DAI is still at risk of falling prices at any time because in the crypto world there are not 100% coins Secure.
Yes, nothing is safe because when there is a big dumping then it is very possible that any coins in this market will fall too but indeed, the strategy is very good to implement because every coin has advantages and disadvantages of each and we should be aware of this. so that we can also take advantage of the moments that occur to generate profits in accordance with the skills we have.The coins are secure its the value that isn't secure. Its always going to be dumped no matter how confident we may be to tell everyone that BTC or ETH will survive no matter what economic situation is and even if this pandemic gets worse. The fiat will always be that important for anyone since it can be used in the physical transactions.
I invest in the long term and I prefer to save BTC and ETH, because both coins are the mother of all coins, even though we set aside some of our money for USDT, USDC, DAI is still at risk of falling prices at any time because in the crypto world there are not 100% coins Secure.
Yes, nothing is safe because when there is a big dumping then it is very possible that any coins in this market will fall too but indeed, the strategy is very good to implement because every coin has advantages and disadvantages of each and we should be aware of this. so that we can also take advantage of the moments that occur to generate profits in accordance with the skills we have. Jump to: