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Topic: Some Trading Strategies You Could Be Ignoring (Read 212 times)

newbie
Activity: 129
Merit: 0
October 02, 2023, 05:39:25 AM
#24
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring
If these are some strategies that you may be ignoring, what are the common or used strategies? Almost all of us may have heard or used Dollar-Cost Averaging (DCA), Arbitrage Trading, and many lazy people hear Copy Trading or use it without knowing its name.

In any case, the trading strategy above is the first step, and the more it increases, the more complex and profitable strategies you will use, but it is better to divide it into beginner, intermediate, and advanced levels.

The levels he mentioned are for beginners and are naturally common.

How can you say copy trading is for lazy people? You have to put into consideration of the fact that some people other crypto investments still have an actual 9-5 kinda jobs, or work many hours of shift and barely have time to place trades themselves thud they rely on utilize copy trading to do that. It doesn't make them lazy. That's a misconception.
legendary
Activity: 2268
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My favorite here is doing DCA and swing trader for medium term price movement. Yes I am not a daily trader but more like a swing trader for some altcoins as I am frustrated using future trading with heavy loss before. I realized doing some spot trading and keep buying low and selling on a peak time will give me profits and more sensitive case for having such loss and risky way. Well dca on the other hand give me confident to buy at an average rate without losing a chance to buy at super lows and lows altcoins.
hero member
Activity: 1302
Merit: 516
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DCA 100% is the solution. Buying on dips and basically saying you can time the market will result in huge profits. Apart from that, don't invest all your savings in cryptocurrencies unless the fundamentals are guaranteed in Bitcoin. because diversity is the best hedge to spread it, stock market, property, precious metals, business, etc. because one day cryptocurrencies might crash massively and never return to their highs, who knows (but for bitcoin I don't doubt it)! if you have spread your Investments, you will still come out ahead! diversity, diversity is the key!
There is nothing wrong with investing in various places as long as these places are good places to invest, as are the assets that we choose to invest in in the long term. For example, Bitcoin has become the single best cryptocurrency of all time to take as a future investment, as well as precious metals such as gold which are still quite famous and still believed to be a pretty good hedge. And for other things such as shares, property and businesses that can be promising also have to be researched quite well because not all of them can be promising enough to achieve profits.
newbie
Activity: 129
Merit: 0

The issue with Copytrading is that most platforms don't really give a backtrack of the performances of expert traders that users are supposed to copy. This can result in following the "wrong experts" thus leading to more losses. So, how can one find the right copy trading platform in the first place?


You're absolutely right, blindly copying a trade of someone not known can lead to losses or dancing to the tune of someone with an ulterior motive, that's why it's good to DYOR before following anyone, and I've seen a few platforms doing it better, like Bitget, OKX eToro. And I know Bitget often display the traders success rates over time, which can enable you to pick right. You can also use a trader's strategy as an insight to build yours.

Etoro is not operating in my region. I'll try the other options you recommend although the latter claims to be the biggest copy trading platform with quite a large base of elite traders.
hero member
Activity: 938
Merit: 605
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Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring

1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.
DCA is a common strategy among crypto hodlers and doesn't seem fresh as a strategy for traders because even newbies knows about DCA, what's significant is the discipline and right attitude to always DCA at the right price because you can be DCAing and still not be making profits if you're doing it wrongly.

Quote
4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.

If you're an expert that makes cool profits from some strategies that are not common, you may share so newbies can learn.
Copy trading it's not a strategy to me I would recommend to any trader. The risk is that with the numerous traders on socials like YouTube claiming to be trading experts you could be copying a wrong trader who's nothing of an expert which can cause you a big loss.

If you want to be a trader, choose a strategy for yourself, work on it, back test it over and over again until you see yourself improve on it and hold onto the strategy for your trades in addition to a risk management technique. You'll be on a safer side than using copy trading as a trader.
hero member
Activity: 1442
Merit: 775
If these are some strategies that you may be ignoring, what are the common or used strategies? Almost all of us may have heard or used Dollar-Cost Averaging (DCA), Arbitrage Trading, and many lazy people hear Copy Trading or use it without knowing its name.
DCA if is not used correctly, will cause bigger loss for traders.

Arbitrage trading is risky because it depends on many factors and price difference, lag of trading signal, order fill up or not can cause a profit or loss for traders.

Copy trading is a worst one in my opinion because I agree with you too, it is for very lazy people who don't have their own thinking and totally rely on other people for their capital. They don't learn anything even they have many time in the market, profit or loss will be decided by author of those copy trading strategy.

Quote
In any case, the trading strategy above is the first step, and the more it increases, the more complex and profitable strategies you will use, but it is better to divide it into beginner, intermediate, and advanced levels.
For all trading strategies, to be safe, protect initial capital and get profit, risk management must be well enough. Without good risk management, a trading strategy can be considered as very bad.
legendary
Activity: 2702
Merit: 4002
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring
If these are some strategies that you may be ignoring, what are the common or used strategies? Almost all of us may have heard or used Dollar-Cost Averaging (DCA), Arbitrage Trading, and many lazy people hear Copy Trading or use it without knowing its name.

In any case, the trading strategy above is the first step, and the more it increases, the more complex and profitable strategies you will use, but it is better to divide it into beginner, intermediate, and advanced levels.

The levels he mentioned are for beginners and are naturally common.
member
Activity: 476
Merit: 60
short-term and long-term investment trading strategies in crypto, of course everyone has their own way. but what you posted is certainly a good thing, hopefully beginners can learn from your post, but in my opinion trading experience or investment experience in BTC is also very useful knowledge if we can use it.
hero member
Activity: 1722
Merit: 801
DCA is for investment with very long term plan and good capital management as well as good strategy for risk management too. It is suited with your own money, no loan, no leverages.

DCA is used by some traders when their initial entries are bad and they need to reduce their initial entry price but it is risky for traders. If they use DCA with trading, it should be used only if their second entry price is about 30% lower than their initial one. DCA trading should be used only, again, with their own money, no loan, no leverage.

If a trader already makes mistake by using leverage, don't apply DCA because it will cause bigger loss. Exit the position, with loss, accept the loss and move on. Don't DCA, they will be killed more seriously.
full member
Activity: 548
Merit: 168
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September 30, 2023, 04:04:04 PM
#15
Quote
1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.
DCA is the most adopted strategy and best form of investing in cryptocurrency because it will protect you from buying a coin at once and being at a loss when the price of the coin reduces, also DCA will guide you on how to buy a coin bit by bit within a period whenever the price of a coin is low. The DCA strategy leads to less loss on investments when there is a price drop and gives a great return when there is an increase in price
DCA 100% is the solution. Buying on dips and basically saying you can time the market will result in huge profits. Apart from that, don't invest all your savings in cryptocurrencies unless the fundamentals are guaranteed in Bitcoin. because diversity is the best hedge to spread it, stock market, property, precious metals, business, etc. because one day cryptocurrencies might crash massively and never return to their highs, who knows (but for bitcoin I don't doubt it)! if you have spread your Investments, you will still come out ahead! diversity, diversity is the key!
jr. member
Activity: 155
Merit: 4
September 30, 2023, 11:27:53 AM
#14

The issue with Copytrading is that most platforms don't really give a backtrack of the performances of expert traders that users are supposed to copy. This can result in following the "wrong experts" thus leading to more losses. So, how can one find the right copy trading platform in the first place?


You're absolutely right, blindly copying a trade of someone not known can lead to losses or dancing to the tune of someone with an ulterior motive, that's why it's good to DYOR before following anyone, and I've seen a few platforms doing it better, like Bitget, OKX eToro. And I know Bitget often display the traders success rates over time, which can enable you to pick right. You can also use a trader's strategy as an insight to build yours.
newbie
Activity: 129
Merit: 0
September 30, 2023, 08:51:59 AM
#13
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring

1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.

2. Swing Trading:
Swing trading involves capitalizing on short- to medium-term price movements in the crypto market. Traders seek to profit from price swings by entering and exiting positions at strategic points. It's a more active approach than DCA but can yield significant returns for those who study market trends.

3. Arbitrage Trading:
Arbitrage involves exploiting price differences for the same cryptocurrency on different exchanges. Traders buy low on one exchange and sell high on another to capture the price gap. While it requires speed and efficiency, arbitrage can be a profitable strategy for those who have access to multiple exchanges and can execute trades quickly.

4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.

If you're an expert that makes cool profits from some strategies that are not common, you may share so newbies can learn.


The issue with Copytrading is that most platforms don't really give a backtrack of the performances of expert traders that users are supposed to copy. This can result in following the "wrong experts" thus leading to more losses. So, how can one find the right copy trading platform in the first place?
hero member
Activity: 952
Merit: 555
September 30, 2023, 08:18:53 AM
#12
Arbitrage and copy trading is the only recommendation i can advise someone to avoid, this is after i have considered the risk involved in the two, but i don't really see anything bad from the other two you first mentioned which is swing trading and DCA trading method, if you could suggest to someone the best offer for trade then i think DCA should be among your first recommendations to give, though i think all these now depends on whom we are dealing with wether they are experienced or not in trading.
legendary
Activity: 3472
Merit: 10611
September 30, 2023, 01:40:14 AM
#11
4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.
This is the guaranteed way of losing money not a trading strategy.
For starters the real traders do no share their trades with others. There is simply no reason or incentive to do so. Anybody who does, is a scammer and their incentive to share their so called strategies is somewhere else, for example a pumper who wants to artificially pump a shitcoin they are bag holding would tell others to buy that shitcoin so that they can make profit.

Besides, even in best case scenario if you could find what the expert is buying you still wouldn't be able to do in different scenarios. For example an expert may buy a shitcoin but they know when to dump it and they will act quickly. But since you have no clue what to do, you will end up bag holding and lose money.
hero member
Activity: 2520
Merit: 568
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September 30, 2023, 01:34:25 AM
#10
It's never been tiring to hold, what's tiring is trying those strategies when you're not truly good at trading. Those newbies who are having a fresh start shouldn't do it when they're not aware of how this strategy goes especially with the unmentioned margin trading. It looks easy but it's not really because of how people are portraying that this type of trading is gonna make them lots of money. That's not the case and the problem starts when they start with having the hope that it is the strategy that will make them rich. No, it's not because they're likely to lose with every single trade that will do from it. And for arbitrage, it's hard to find and spot out these trades because even if I try to do so, I am having hard time finding those opportunities wherein I can arbitrage.
sr. member
Activity: 476
Merit: 316
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September 29, 2023, 10:03:34 PM
#9
Quote
1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.
DCA is the most adopted strategy and best form of investing in cryptocurrency because it will protect you from buying a coin at once and being at a loss when the price of the coin reduces, also DCA will guide you on how to buy a coin bit by bit within a period whenever the price of a coin is low. The DCA strategy leads to less loss on investments when there is a price drop and gives a great return when there is an increase in price
sr. member
Activity: 546
Merit: 342
September 29, 2023, 06:04:03 PM
#8
1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.
DCA is the best strategy for investment especially for the newbies like us, to me I just feel the strategy is designed knowing that people like us will need it to help and guide us on our investment journey because DCA strategy help to sharping our mindset and also in risk management so that we can consistently invest using small amount of money to accumulate a bit by bit.
DCA would be everyone choice especially when you are not the so called "professional traders" which is very difficult because I don't think anyone actually achieved that height in a short period and you have to read and learn alot of article when it comes to trading but with the DCA strategy is pretty much easy, just buy with a little percentage of your earnings and hold for the price or coins to reach your specific target.
sr. member
Activity: 476
Merit: 276
September 29, 2023, 03:53:17 PM
#7
1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.
DCA is the best strategy for investment especially for the newbies like us, to me I just feel the strategy is designed knowing that people like us will need it to help and guide us on our investment journey because DCA strategy help to sharping our mindset and also in risk management so that we can consistently invest using small amount of money to accumulate a bit by bit.
hero member
Activity: 784
Merit: 672
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September 29, 2023, 03:14:33 PM
#6
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring

1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.

I think DCA doesn't fall into trading because with the DCA strategy you'll be buying each week or month some amount of an asset in crypto-currencies case we will be buying Bitcoin. It's a very successful method to increase your portfolio and with it you can have half or a full Bitcoin.


2. Swing Trading:
Swing trading involves capitalizing on short- to medium-term price movements in the crypto market. Traders seek to profit from price swings by entering and exiting positions at strategic points. It's a more active approach than DCA but can yield significant returns for those who study market trends.

This type of trading takes place a lot in crypto world and most of the traders are swing traders. The swing traders mostly focus on altcoins in order to earn a lot of profit per trade  due to the pumps that take place. Such traders are opportunity seekers and sometimes they can have losses if they trade wrong coins.


3. Arbitrage Trading:
Arbitrage involves exploiting price differences for the same cryptocurrency on different exchanges. Traders buy low on one exchange and sell high on another to capture the price gap. While it requires speed and efficiency, arbitrage can be a profitable strategy for those who have access to multiple exchanges and can execute trades quickly.

You remind me of Sam Bankman-Fried as that guy claimed that he use arbitrage trading to make a lot of profit during his early days in crypto world. I think this type of trading doesn't take place a lot these days because most of the exchange have bots that will check other exchanges price as soon as possible and will stop arbitrage trading.


4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.


Copy-trading is the worst form of trading because the trader isn't doing anything himself and is copying someone else for his trades. The copy-traders doesn't know trading and they only copy others and think that they'll earn profits with that action. These type of traders should not be called as traders because they don't really understand trading themselves and rely on someone else's trades which can sometime be the cause of huge losses.
hero member
Activity: 1414
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September 29, 2023, 03:03:08 PM
#5
1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.
I will not count DCA as a trading strategy because it is used for holding purposes, and you will get good results in holding by following DCA while getting lesser returns in trading. Holding and trading are two different things. In trading, sometimes you have to break your discipline because the market is not following any, so why will we follow ours? We have to move and modify ourselves with the market. But in holding, we know the consequences, or at least have some idea, near 100%.

4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.
I will not do copy trading at all cost, but might get an idea of what type of strategy and tool people are using to make trades, I will only follow them to enhance my experience. But never will do copy trading by following an expert who might be trading with $1 Mil and I have only $100. That's not a good thing and newbies should know that. Overall, you have mentioned some good but pretty basic terms which I think almost every member of this platform must be aware of.
legendary
Activity: 966
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September 29, 2023, 03:00:26 PM
#4
Hmm, firstly OP it seems like you really knew that, I was ignoring some of them... It's not DCA obviously, I won't go for Arbitrage trading and most people don't, and as I don't recommend it, others as well don't, so mostly shortcuts in trading cause serious damages, they burn your portfolio and aren't reliable.

Copy trading is also one of those trading strategies I really don't prefer, but as for the information purpose and educational motive, I do consider the strategies learning from seniors and top performers to create my own more efficiently. DCA is close to my heart, highly recommended for investors, part-time traders, and Newbies. To be a good trader I would say avoid the bottom 2 strategies.

OP considers a better section selection before creating a topic and before posting as well, as this really belongs to to the Trading Section.
newbie
Activity: 23
Merit: 0
September 29, 2023, 11:04:22 AM
#3
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring

1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.

2. Swing Trading:
Swing trading involves capitalizing on short- to medium-term price movements in the crypto market. Traders seek to profit from price swings by entering and exiting positions at strategic points. It's a more active approach than DCA but can yield significant returns for those who study market trends.

3. Arbitrage Trading:
Arbitrage involves exploiting price differences for the same cryptocurrency on different exchanges. Traders buy low on one exchange and sell high on another to capture the price gap. While it requires speed and efficiency, arbitrage can be a profitable strategy for those who have access to multiple exchanges and can execute trades quickly.

4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.

If you're an expert that makes cool profits from some strategies that are not common, you may share so newbies can learn.

Absolutely, it's crucial to explore different crypto trading strategies beyond the typical "Hodling" approach to maximize your profits and manage risk effectively. However, I personally prefer Copy-trading. It is a valuable tool in the world of investing, offering a way for individuals to access the expertise of seasoned traders and potentially enhance their investment outcomes. It doesn't matter if you are a trading expert or a newbie; it will do the work for you without any harassment or waste of time.
hero member
Activity: 546
Merit: 516
September 29, 2023, 10:36:43 AM
#2
This post would have been better in Trading Discussion thread.  The reason for creating the various threads is to help with information retrieval; this particular information is not only useful for Beginners, it could be valuable to anyone. So posting it in trading group will enable others looking for ways to trade the market understand the various ways.

jr. member
Activity: 155
Merit: 4
September 29, 2023, 10:13:50 AM
#1
Are you tired of the same old "Hodling" crypto trading strategies that everyone seems to be talking about? If you're looking for a fresh approach to maximize your crypto profits, there are some strategies you might be ignoring

1. Dollar-Cost Averaging (DCA):
DCA, as mentioned earlier, involves regularly investing a fixed dollar amount into a cryptocurrency regardless of its price. This strategy mitigates market volatility and encourages disciplined, stress-free investing.

2. Swing Trading:
Swing trading involves capitalizing on short- to medium-term price movements in the crypto market. Traders seek to profit from price swings by entering and exiting positions at strategic points. It's a more active approach than DCA but can yield significant returns for those who study market trends.

3. Arbitrage Trading:
Arbitrage involves exploiting price differences for the same cryptocurrency on different exchanges. Traders buy low on one exchange and sell high on another to capture the price gap. While it requires speed and efficiency, arbitrage can be a profitable strategy for those who have access to multiple exchanges and can execute trades quickly.

4. Copy Trading:
Copy trading is often overlooked but can be a game-changer for those who wouldn't mind copying an expert's trade. This strategy involves replicating the trades of experienced traders automatically. By choosing a skilled trader to follow, you can benefit from their expertise without actively managing your portfolio.

If you're an expert that makes cool profits from some strategies that are not common, you may share so newbies can learn.
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