Topic: Sharing my BTC strategy for bear and consolidating markets - page 2. (Read 653 times)
My opinion is very straight, If you want to make a profit then you have to wait for the suitable moment, I think Bitcoin holding is the best way to make fulfill your desire, Whatever the current context, don't be panicked and worried about the price, I also think that you have to control your emotion as well, if you want to start trading then decision is yours, I think when the market is vulnerable then trading is too risky to make a profit, So holding is a very safe and secure investment, just wait for the moment and gain what amount you want, if you want to take a high risk then trading would be perfect for you during this market consolidations.
Bear market = make money by shorting bitcoin
bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
Well... you nailed it. It is that simple.
The only issue is knowing when to do what. That is where a properly structured strategy comes in place.
The market is suffering loss as btc is witnessing downfall but i disagree with you that its not the worst fall as we have seen dump situations to much deeper level compared to current situation.You can have profits in bear market also if you have trading skills and you can be benefited from it.For me its time to buy btc as prices are low and then hold it until satisfactory returns are promised.You can try to earn coins by working for projrcts and then simply convert it into btc.Any way you prefer.
It looks like trading is easy for you but if you tried it personally, you can actually feel the stress when the market as its downtrend. There is no problem when the market is bullish but what it makes hard and even expert traders feel the same when the market turns like what we have today.BTW, holding isn't a work of a trader, traders never hold so long, they keep on the trading day by day unless you are just a holder not a trader.
The market is suffering loss as btc is witnessing downfall but i disagree with you that its not the worst fall as we have seen dump situations to much deeper level compared to current situation.You can have profits in bear market also if you have trading skills and you can be benefited from it.For me its time to buy btc as prices are low and then hold it until satisfactory returns are promised.You can try to earn coins by working for projrcts and then simply convert it into btc.Any way you prefer.
So what do you guys think? Have we seen the end of the correction starting after the 2019 high in June?
I think the price will slowly trend upwards until after the halving. When the halving happens, it will shoot up. I saw a chart of the complete price history of Bitcoin and this has been the trend all the way since the beginning. There's always a slight rise in price shortly before the halving, but for whatever reason, we really don't get into full bull market mode until shortly after the halving. I don't know why. Seems like the price rising would happen before the halving with all the hype.
If people believe that bitcoin halving will have an effect on it, then there is tendency that people will want to start preparing to benefit from it by putting money from a little way to a big way and the accumulation of these coins are what will usually lead to a very high increase of the coin either before or after the halving, the only thing that I am quite sure of is if bitcoin consolidate, altcoins will surely have an increase of their own value.
During market consolidations you can use your own strategy like trading in range. Most of traders have 2 types of strategy, for trends and for ranges. The biggest issue is to determine trend and realise when consolidation is over. You can set up price zones in consolidation and open short from higher zone and open long at the bottom
So what do you guys think? Have we seen the end of the correction starting after the 2019 high in June?
I think the price will slowly trend upwards until after the halving. When the halving happens, it will shoot up. I saw a chart of the complete price history of Bitcoin and this has been the trend all the way since the beginning. There's always a slight rise in price shortly before the halving, but for whatever reason, we really don't get into full bull market mode until shortly after the halving. I don't know why. Seems like the price rising would happen before the halving with all the hype.
Trading channels I follow are split between the possibility that bitcoin might continue the rally started in April, or deepen the consolidation. Neither of my two strategies are signalling either for the time being...
So what do you guys think? Have we seen the end of the correction starting after the 2019 high in June?
If you stick with bitcoin, no research is needed. Just active trading using a very clear and structured system that has been thoroughly tested. That is what we are doing with the strategy mentioned in the OP.
Yup! Or the OP may do some short trade too if he wants. But be sure that in every short trade that you are doing ,you are gaining some more of the amount you invested or more than the amount you bought that coin. Do some day trade, it will increaae your coin price in this bear market. 
To do well in a bear market, a very good research is needed. Yes, bear market is time to buy more coins and hodl but not for all the falling coins. Some coins are being dumped at that time and won't recover from that. So if you buy a wrong coin then, you might wait forever to profit which likely won't happen.
I quite agree with you that some price fall signify dump but unsuspecting buyers may not know and they will dive on and waste their hard earned money. This isn't even about doing one's diligent research before buying in because most times one won't even know where to start with. Back to the OP, I think the best way to increase BTC holdings in a bear market is to tether. Then sell off tether and buy into Bitcoin once the signal for a bull run comes up. Buy BTC/USDT & Sell BTC/USDT should be it at every correction. If you stick with bitcoin, no research is needed. Just active trading using a very clear and structured system that has been thoroughly tested. That is what we are doing with the strategy mentioned in the OP.
That is a long research on its own, because if you really want to jump into trading, you also have to make lots of research on how to, and how most top traders are doing it, trading is not so easy, and like you rightly said, for any trader to be very successful, they need a clear structure which I think should be a well-developed skills and strategies, when it also comes to research, aside researching on how to trade for educational purpose, there is also need for any trader to research well on coins to trade. In as much as bitcoin is the most reliable coin to trade, people cannot just be on bitcoin trading alone, there is still need for diversification, because it is not every time that bitcoin will always meet our needs, so there is still need for research in virtually most things that we do here.
Bear market = make money by shorting bitcoin
bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
Well... you nailed it. It is that simple.
The only issue is knowing when to do what. That is where a properly structured strategy comes in place.
Exactly, that is the tricky part of bitcoin's volatility, we don't know when it is going to drop or rise, so technical analysis is the solution for that, but you also have to be good on analyzing complex stuffs like bitcoin's price chart since the beginning, then the most crucial part of it is executing what you have concluded based on your analysis (still a theory or a prediction) which is still risky but worth to be tried if you believe in your skills in Trading.
If you stick with bitcoin, no research is needed. Just active trading using a very clear and structured system that has been thoroughly tested. That is what we are doing with the strategy mentioned in the OP.
To do well in a bear market, a very good research is needed. Yes, bear market is time to buy more coins and hodl but not for all the falling coins. Some coins are being dumped at that time and won't recover from that. So if you buy a wrong coin then, you might wait forever to profit which likely won't happen.
Bear market = make money by shorting bitcoin
bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
It is simple but people fail to make the right decision at right time. This is the trick here., You cannot really judge or predict the behavior or future change of the market without having some sound knowledge and experience. Knowing a rule is one thing, able to implement it in a way beneficial to oneself is a whole different story. Dealing with the most volatile currencies is a bit challenging. The more you know, the better it is. bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
The main trading idea of the strategy discussed in the OP is to identify short-term reversals as well as continuations and deepening of trends marked by a break down of the Bollinger Bands (BB) in the 1-hour chart, using the Percentage Bandwidth (%B) indicator, the Bollinger Bands Moving Average (BB MA) and the Bollinger Bands deviation to assess momentum and volatility, optimize the take position event, and filter out late entries.
In simple words, the strategy sells bitcoin as the price starts sliding down, and re-buys bitcoin once price stabilizes or the market is seriously oversold.
You may see the strategy in action for your self... It's open-source and available on Github.
In simple words, the strategy sells bitcoin as the price starts sliding down, and re-buys bitcoin once price stabilizes or the market is seriously oversold.
You may see the strategy in action for your self... It's open-source and available on Github.
Best way to earn bitcoin is to buy and sell of an atlcoins since the price of it are changing everyday same with bitcoin. And best way to analyze the price is 7days on the chart.
But some are buying and selling their bitcoins since the market is very unpredictable right now and don't know yet when it will start bull run.
But some are buying and selling their bitcoins since the market is very unpredictable right now and don't know yet when it will start bull run.
There's nothing in my mind but to buy during bear market. That's the only way I know on how to increase your btc since it's really the time to buy, price is cheaper. You can also try to find other good projects or alternative coin to trade and used your earnings to buy btc. During bear market, most of not yet skillful traders lost because of panic. Earning in bear market is kinda hard that's why others are waiting for increase or just holding until they saw a good timing.
Bear market = make money by shorting bitcoin
bull market = make money by longing bitcoin
It is as simple as that!
bull market = make money by longing bitcoin
It is as simple as that!
Is it really that simple? On platforms such as Bitmex you have to pay close attention to the funding rates. In a bear market obviously, you'll have more shorts than longs, which means that your fee as shorter will significantly affect your position the longer it remains open. Vice versa for when there are more longs than shorts during a bull market.
Long term speaking it would make more sense to just stick to unloading spot if you expect the bear market to last a year. There is way less risk involved sticking to spot investing/trading.
With how popular leverage trading has become people have lost more money than ever before in this space. Some morons think using 50 or even 100x leverage is not risky at all. I haven't seen people be this stupid in all the years I have been trading/investing stocks/crypto. It's only a matter of time before we get the first 200x platform. As platform you got to 'innovate' eventually......
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