Topic: Strategy to invest in crypto ? - page 38. (Read 5596 times)
I needed to find several promising projects at the ICO level, as soon as they begin to sell their tokens on the Etherdelta, to purchase and expect the higt of quotations!
The thing I like about crypto is that it teaches you the importance of patience and time in the same way compound interest does. To build wealth you need to use patience and time.
my strategy is to invest in excellent teams backed by successful investors and advisors and have a great project that can solve real problems. I invest in coins that have value or others perceive value in them, like for example privacy coins.
i'm looking for early stage projects that have low market cap and roughly 10x potential.
Well, that is a good strategy too but at the end of the day even if market should shoot up crazily, there would still be those red days knocking, so it is always god to prepare for them. I usually look out for FOMO buying on my holdings and sell into FOMO, if it is a crazy one, I always look out for that oversold zone when I know the market can easily come back down dropping like it is hot and then I sell out and wait for the perfect moment of accumulation again. i'm looking for early stage projects that have low market cap and roughly 10x potential.
This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
My strategy is I always look for coins which has a real use case,or has a working product already. Also i try to diversify my portfolio ranging from low-mid-high cap coins. I also do laddering when i buy or sell coins, just in case it dips more or it moons. And always keep a spare btc during flash crash, you can buy good alts at a bargain of the price.
Here are some things I do to put the odds of success in my favor:
I trade a simple, rule based strategy (easy to understand and no confusion)
I trade off the Daily time frame (no missed trades and not a lot of time out of my day)
I use strict money management rules (there must be a plan to control risk)
I look for excellent risk to reward trading opportunities (and in the Bitcoin market I can win trades with a risk to reward of 1:10)
I trade a simple, rule based strategy (easy to understand and no confusion)
I trade off the Daily time frame (no missed trades and not a lot of time out of my day)
I use strict money management rules (there must be a plan to control risk)
I look for excellent risk to reward trading opportunities (and in the Bitcoin market I can win trades with a risk to reward of 1:10)
I think in order to do it, it would be better to establish a proven strategy, a PLAN and the desire (and discipline) to stick to the plan.
My trading strategies are:
Ignore success stories: Don’t buy into ICOs like they are lotto tickets. That’s what the crowds do time and time again. Know what you’re buying
Sell quickly: If you make 20–30% in a few days, you generally want to sell quick. Don’t aim for 1,000% returns unless you have specific information
Avoid coins with extremely low volume: If it doesn’t trade for $100,000 volume per day or more, be wary you can’t easily get out of your position.
Ignore success stories: Don’t buy into ICOs like they are lotto tickets. That’s what the crowds do time and time again. Know what you’re buying
Sell quickly: If you make 20–30% in a few days, you generally want to sell quick. Don’t aim for 1,000% returns unless you have specific information
Avoid coins with extremely low volume: If it doesn’t trade for $100,000 volume per day or more, be wary you can’t easily get out of your position.
I prefer the cascading method of buying a coin, when you invest in the crypt, buying the coin not immediately but gradually, for example, for one month
I usually choose 4-5 coins and buy, depending on my forecasts, an average of $ 500. The main thing is not to invest everything in one coin
Make your list of 50 top coins.
cut it down to 20.
cut it down to 10
cut it down to 5.
cut it down to 2.
ask your self multiple times, is it the right thing?
what is your goal? short term or long term? if short them then skip my comment.
if long term? divide to those 2 coins. enjoy!
cut it down to 20.
cut it down to 10
cut it down to 5.
cut it down to 2.
ask your self multiple times, is it the right thing?
what is your goal? short term or long term? if short them then skip my comment.
if long term? divide to those 2 coins. enjoy!
This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
I prefer long term investment and spend all my money on good projects. Hold for 1-3 years. And continue to make money by traditional jobs and invest in other projects earn interest by week buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
Here are some things I do to put the odds of success in my favor:
I trade a simple, rule based strategy (easy to understand and no confusion)
I trade off the Daily time frame (no missed trades and not a lot of time out of my day)
I use strict money management rules (there must be a plan to control risk)
I look for excellent risk to reward trading opportunities (and in the Bitcoin market I can win trades with a risk to reward of 1:10)
I trade a simple, rule based strategy (easy to understand and no confusion)
I trade off the Daily time frame (no missed trades and not a lot of time out of my day)
I use strict money management rules (there must be a plan to control risk)
I look for excellent risk to reward trading opportunities (and in the Bitcoin market I can win trades with a risk to reward of 1:10)
There really is no “best” strategy, there are too many factors, your capital, your tools, your experience, the market momentum, the market volatility, among many others. You can take a strategy from one person and it can, and most likely will, completely fail for you, trading strategies are like clothes, cryptos were like mens clothes, but the institutions are changing them to be more like womens clothes, complicated, time consuming, takes forever, may change without notice, highly volatile, will take you to the cleaners, and no matter what you say it’s always wrong.
To become a successful coin trader, its necessary for an individual to manage these responses appropriately. Great opportunities present when the market becomes irrational due to an abundance of fear or greed. This frequently occurs following major price movements or dramatic news. At such times, weaker traders are overwhelmed by emotion and misprice their trades.
The best possible strategy is to follow the Forex trading blogs that have crypto trade alerts, to learn how to trade it in the markets, and how to choose the entry and exit position, which is the most important thing in trading.
My strategy is below:
1. Do your own research : there is plenty of crypto out there, with different features and innovation. Bitcoin is the most famous but some crypto currency offers really interesting perspective.
2. Don’t trade with money that you are not willing to lose… tomorrow the value of bitcoin might very well be 0.
3. Don’t try to time the market : most of your guesses will be wrong… buying low selling high is the motto but it is also all too subjective and stressful.
4. Invest over time : that goes with the 3rd tip… instead of placing a “All in” bet by entering now it’s better if you buy a tiny bit every month therefore averaging your acquisition price.
1. Do your own research : there is plenty of crypto out there, with different features and innovation. Bitcoin is the most famous but some crypto currency offers really interesting perspective.
2. Don’t trade with money that you are not willing to lose… tomorrow the value of bitcoin might very well be 0.
3. Don’t try to time the market : most of your guesses will be wrong… buying low selling high is the motto but it is also all too subjective and stressful.
4. Invest over time : that goes with the 3rd tip… instead of placing a “All in” bet by entering now it’s better if you buy a tiny bit every month therefore averaging your acquisition price.
I use to trade in short term. I choose a coin which have regular predictable waves (+-20-30%) and set buy and sell orders on the bottom and top of these waves. And it most cases it works for me. I also tried the strategy that you described but it's applicable only for a long term trading.
I do both short and long, and I do trend following for the long ones. I also do some little bit of selling pattern like the OP with some profit target in margins unless I see the coin or token is just going directly to kick the moon out of the way. The same way we have panic selling at the bottom is the same way I normally have panic selling at the top and it has always helped me.When the value is just too good to be real, I sell it all out. You cannot always have it 100% but you can make a good gain and buy in back at a better value when the time is ripe.
There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown me the potential.
But the majority of coins will fade into obscurity.
Since nobody knows which ones will be huge winners and which ones will be epic fails, i believe that the best investment strategy is to have a portfolio of currencies.
Putting all of your eggs into one basket is a recipe for disaster.
Trading and investing in cryptocurrency may have the potential for a big payday. But I can tell you from experience when you see such volatility, press coverage and your neighbors start giving you advice on when to buy and sell, it’s probably a good idea take a break. But the majority of coins will fade into obscurity.
Since nobody knows which ones will be huge winners and which ones will be epic fails, i believe that the best investment strategy is to have a portfolio of currencies.
Putting all of your eggs into one basket is a recipe for disaster.
There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown me the potential.
But the majority of coins will fade into obscurity.
Since nobody knows which ones will be huge winners and which ones will be epic fails, i believe that the best investment strategy is to have a portfolio of currencies.
Putting all of your eggs into one basket is a recipe for disaster.
But the majority of coins will fade into obscurity.
Since nobody knows which ones will be huge winners and which ones will be epic fails, i believe that the best investment strategy is to have a portfolio of currencies.
Putting all of your eggs into one basket is a recipe for disaster.
Does this working?
This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
Having a mindset of what price you'll be satisfied in trading your crypto coins is really a good thing because you have the plan and it doesn't show that you are greedy enough. I know that crypto coin right now are experiencing crashing of value and it is really hard to come up with a strategy. If I were you, you should have a plan B if ever there are some consequences appeared. buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
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