Top bitcoin trading strategies - page 4.

asyakashi

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Quote from: milewilda on October 13, 2019, 12:57:02 PM

~snip~
Talking generally these are the common ways on how to trade.This will vary on each trader
on which system would suit them out but im sure that Day trade and scalping would be the hardest.

I agree that daily trading is not easy to do.
but is it possible that Bot can maximize daily trading?
I'm curious, and have had discussions and have plans to use bots for my trade.
What is your opinion?

Reid

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I suppose the trading type will change while you are monitoring it.
Okay, some may just HODL for a long time like what I did with few of my altcoins. That means I wont sell it even if a price boom takes place.
But there is also short holding, depends if it is weekly or monthly.
Let us say a person is too busy to check the market everyday and can just check it every Sunday when he is off his job.
He might sell at that point or buy more.
Same goes for other types.

Hypnosis00

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Quote from: TrevorS on October 14, 2019, 05:11:01 PM

Trading is rather laborious and complex work, not everyone can increase their number of bitcoins using this method. But you can easily lose. I think you will agree that one of the simplest methods for accumulating bitcoin is to buy bitcoin at the lowest possible prices. Never rush, the market is cyclical, which means that sooner or later you will get a chance to buy bitcoin at a good discount.

That means that trading must be in the perfect timing to accumulate more BTC's. It somehow people could think that trading is the best way to make money but they are actually wrong instead, this will be a reason that people could lose their money in just day.
Trading never needs more strategies in order to work well, one or two are good enough, only we need to find what is the most effective one and applicable to the market situation.

TrevorS

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Trading is rather laborious and complex work, not everyone can increase their number of bitcoins using this method. But you can easily lose. I think you will agree that one of the simplest methods for accumulating bitcoin is to buy bitcoin at the lowest possible prices. Never rush, the market is cyclical, which means that sooner or later you will get a chance to buy bitcoin at a good discount.

yvesp110

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Quote from: bitbunnny on October 13, 2019, 12:21:12 PM

Quote from: ashmodeus on October 13, 2019, 12:00:34 PM

well, nowadays i choose trend trading, since be holder its not too much work for me.
and also following trend can follow the latest developments directly, make us up to date.
although, some of the trend predictions can be deceptive, but its no matter if u calm fcking down.

It's important that you don't use only one trading strategy. You need to adjust according to the market and your current position. Good traders are flexible enough but know what works best for them. You can't copy just one trading pattern that might be good for someone because that doesn't mean it will work for you too.

Trading is always going to throw on traders different and unique situations leaving you in a condition where you are supposed to mold your strategies accordingly. We will never ever be able to use one strategy to all trading platforms all the time and expect to have great money in the bag by the end of the day. Try to design your own strategies.

ashmodeus

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Quote from: bitbunnny on October 13, 2019, 12:21:12 PM

It's important that you don't use only one trading strategy. You need to adjust according to the market and your current position. Good traders are flexible enough but know what works best for them. You can't copy just one trading pattern that might be good for someone because that doesn't mean it will work for you too.

well, even trend trading also can get rekt.
so i don't think another pattern can help.
i just focused to 1 line,make profit target, set aside funds for buybacks if that needed,even if forced.
like this time, NKN from binance seems crazy, 510 buy 548 sell.
quite lucky today,

milewilda

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1. Day Trading
2. Position Trading
3. Swing Trading
4. Scalping

Talking generally these are the common ways on how to trade.This will vary on each trader
on which system would suit them out but im sure that Day trade and scalping would be the hardest.

Battareus

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Activity: 826

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Quote from: bitbunnny on October 13, 2019, 12:21:12 PM

It's important that you don't use only one trading strategy. You need to adjust according to the market and your current position. Good traders are flexible enough but know what works best for them. You can't copy just one trading pattern that might be good for someone because that doesn't mean it will work for you too.

Good advice that can be applied not only to trade, but to everything in life, you need to be flexible in order to achieve goals and all the time to be ready to relearn and learn new things.

bitbunnny

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Quote from: ashmodeus on October 13, 2019, 12:00:34 PM

well, nowadays i choose trend trading, since be holder its not too much work for me.
and also following trend can follow the latest developments directly, make us up to date.
although, some of the trend predictions can be deceptive, but its no matter if u calm fcking down.

It's important that you don't use only one trading strategy. You need to adjust according to the market and your current position. Good traders are flexible enough but know what works best for them. You can't copy just one trading pattern that might be good for someone because that doesn't mean it will work for you too.

ashmodeus

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Activity: 1638

Merit: 518

well, nowadays i choose trend trading, since be holder its not too much work for me.
and also following trend can follow the latest developments directly, make us up to date.
although, some of the trend predictions can be deceptive, but its no matter if u calm fcking down.

panganib999

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Activity: 1750

Merit: 589

Quote from: Rupok365 on October 11, 2019, 12:41:51 PM

The best bitcoin (BTC) trading strategy is one that is perfectly aligned to your own individual goals, risk appetite and available capital. However, there are a few strategies that have become popular with bitcoin traders. These include:

1. HODLing
2. Hedging
3. Trend trading
4. Breakout trading

Each of these makes sense and is reasonable to call as best bitcoin strategy but amongst the four strategies, I prefer HODLing than the three, because although it was named as crypto insanity because of holding still with the money no matter the price is, I still find it usable for it tests my patience and faith with the crypto space. I learned to quantify the all time high and the drawdown. HODLing is hard but the thought of how well it was done in the past is the reason why I do it anyway.

abel1337

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Quote from: Rupok365 on October 11, 2019, 12:41:51 PM

The best bitcoin (BTC) trading strategy is one that is perfectly aligned to your own individual goals, risk appetite and available capital. However, there are a few strategies that have become popular with bitcoin traders. These include:

1. HODLing
2. Hedging
3. Trend trading
4. Breakout trading

Tried many strategies including Hodling and hedging trading, But right now I'm trying my best to practice trend trading. Doing such an analysis is an important job on trend trading, Making sure that I enter the trend upward. It takes time analyzing the possible trends in the market but if you got it right you can make such fair profit.

JRoa

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Quote from: Rupok365 on October 11, 2019, 12:41:51 PM

The best bitcoin (BTC) trading strategy is one that is perfectly aligned to your own individual goals, risk appetite and available capital. However, there are a few strategies that have become popular with bitcoin traders. These include:

1. HODLing
2. Hedging
3. Trend trading
4. Breakout trading

It depends on the chart what setups that you could use. I'm a day trading and I use range trade setup where I will buy at support and I will sell in the resistance where the sellers are aggressive.

KnightElite

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There are only few strategies that I using in a bear market to minimize my loss. I always buying in the swing low of the price because it is a time where the buyers are aggressive and I will sell it using trail stops.

danherbias07

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Depends on the situation.
If I see an increase in a sudden then I might sell in an instant.
But when I see a slow rise then I might change the way I trade into HODLing.
Somehow I tend to get greedy when I see a slow increase. That means buyers keeps on coming.
That sudden change in the pace of movement differentiate the selection of trading you will make.
Choices happens when you monitor them frequently.

iamzill

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now many traders are playing a hold trading strategy, so at this time the price of bitcoin at a low position might be able to buy and hold it until the high price and it is done periodically

maydna

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I don't know with guys, but I choose to hold, trade, scalp trading. That is the right strategies for me, and it works well so far. Holding will be the solution for people who waited for the price to increase while trade is useful to increase the balance, but you need to have skills. Scalping trade will be another strategy when the price starts to rise, but that is only for a trader who can analyze the price with fast, and they can follow the moving of the price. This strategy is difficult because we need to stay in the market, analyze the movement of the price, enter and exit at the right time, etc. If you think you have enough skill, you can try to make scalping trade.

Darooghe

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HODLing is the only strategy that works. Many HODLers here strongly feel that bitcoin is going to be the only money left standing one day. As it grows it will eat fiat currencies one by one until there are none left and all economies will be based on bitcoin on that day, probably 20 years away from now. If you also think there is a chance of that happening, or otherwise a chance of bitcoin existing as everyone's savings account, then the smart thing to do would to completely stop all thought of "taking profits" because those profits are in fiat, an inferior money.

Maybe you'd like to spend some of your gains, however, and I do the same to pay my bills as I no longer earn a fiat income. so my advice to you would be to simply HODL as much as possible, and if you have to, convert a little to fiat to pay for what you need.

adroitful_one

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A good strategy I like to use is a combination of hodling and trading. I'll play the highs and lows to increase my position and hold what I originally started with and the profits I would make from trading. I don't like to have my coins just sitting there and doing nothing. May as well trade with it and try to increase my position while holding.

leowonderful

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Bitcoin FTW!

I particularly like holding and acquiring coins through dollar cost averaging. DCA's one of the best ways you can accumulate coins IMO, because it averages out your entry price so you don't need to worry as much about buying before dumps happen, and it's relatively easy to set aside a small amount of money to buy BTC every week or month.

Swing trading's another type of trading that I and many others utilize. You enter a trade and anticipate a large swing of the price in your direction, placing stops to ensure you're losing a predetermined amount of money if things don't go your way. Doesn't take a lot of time to set up a trade, and you can just let it run after entry.

Topic: Top bitcoin trading strategies - page 4. (Read 1332 times)