Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
Study scalping method the best trading strategy.
Topic: Trading strategies - page 11. (Read 1184 times)
Study scalping method the best trading strategy.
Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
Yes, of course there is. Such a strategy should require good analysis because then we will pay attention to how developers manage their coins. We must pay attention to all aspects that may affect the future of the coin. But back again to literally a trading, that is when we can sell coins that we have much more expensive than when we buy it then we will benefit. The main purpose of trading is to get a profit margin from the action of selling and buying coin.
buy high sell low
Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
That is just common sense, it is incredible that many people in the forum do not even take the time to make a simple investigation of 5 minutes before investing their life savings, that is insane, read the whitepaper, look for the developers and investigate them see if they are who they say they are, find out where the company is located, read all their ANN thread, look for the opinion of others that are respected by the community only when you do that you can invest.Whats more incredible is the fact your "helpful tip" seems like an insult..... I also doubt he has already emptied his entire savings and put it all into cryptocurrency..
Thats just a hunch
I have a simple strategy when trading, buy low the coin /token you have been researched and think of it if its profitable to buy. "Buy low sell high" when you think a coin you holding is not a perfect one to hold sell it when it pumps and if you feel its a good coin. You can hold it until you feel you gain profit you like
No one trader has perfect trading strategy, every trader has been loss, only good risk management make trader become expert and possible to get consistent profit. Beside risk management other important think is good trading plan and money management.
Risk management is also a strategy to gain profit and avoiding a maximum risk and potential loss. Though i aggree with what you say that therevis no perfect trading strategy, but i believe that a strategy in trading like buying low and selling high is essential in trading.
There's actually no trading strategy but I would suggest better make a sort of background check for the coin you have chosen try to look at its historical background if it has good value appreciation. crypto currencies are really unpredictable actually despite making a lot of research you can still be surprise to found which coin will become valuable tomorrow but doing your part in researching is a great help.
I usually do some research on the team behind the coin and see their previous projects just to check whether this would be a serious work or not. As for the features, those are just fancy jargon to lure people in their coins and invest as these things sound "serious" for them. .
He is talking about trading, why are you giving him advices of how to pick a good coin to hold? Sorry, but it doesn't make any sense at all.. Trading is just open positions and keep them open until they reach X price so you get X profit..
I usually do some research on the team behind the coin and see their previous projects just to check whether this would be a serious work or not. As for the features, those are just fancy jargon to lure people in their coins and invest as these things sound "serious" for them. Even with the plethora of coins with amazing features, only BTC, LTC and ETH are widely
Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
That is just common sense, it is incredible that many people in the forum do not even take the time to make a simple investigation of 5 minutes before investing their life savings, that is insane, read the whitepaper, look for the developers and investigate them see if they are who they say they are, find out where the company is located, read all their ANN thread, look for the opinion of others that are respected by the community only when you do that you can invest. Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
I think everyone has strategies for themselves as well as plans that are determined from the beginning. It is important to decide what your greed should be, if you sell too greedy you will make more profit but also a lot more risk. When you trade losses you will suffer a lot. So be really alert and make specific plans before entering the trade. 
Bitcoin trading can be extremely profitable for professionals or beginners. The market is new, highly fragmented with huge spreads. Arbitrage and margin trading are widely available. Therefore, many people can make money trading bitcoins.
Prefer those exchanges which offer proof of reserves for client Bitcoins, regular external audits for client fiat funds and have a long history of secure, ethical operation.
Prefer those exchanges which offer proof of reserves for client Bitcoins, regular external audits for client fiat funds and have a long history of secure, ethical operation.
This strategy is a point of fundamental analysis, so if you are a long term trader or news trader, you can include such estimation. For intraday it is useless.
Trading is a real science which needs studies and predictions at the same time. We have to know about the markets' news and being actual.Then you have which is the highest price in that last periode and compare it to other currencies so there you can make your own decision.
real science can generate predictable results with negligible error margin.
I'm sorry but trading isn't science.
When trading short term trades, I don't usually look at the background of the company or developers. I just look at the chart and make a decision based on volume and price averages.
Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
That is called fundamentals. You look at the fundaments of the coin similar to how they do it for stocks. An investor studies the development behind the coin and they invest on it if they see a good development to it. It is a good strategy for the long term since you are looking at it in the long run for your investment. Investing in something good that would last is a good investment.
Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
I actually used to do that. I used to checked the projects and look for interesting features and functionality in the coins but at the same time I kept seeing all the shitcoins around me getting pumped and everyone making a lot of profit from those while I though the coin that has actual promise can go up. and it never did!
that is why I gave up that strategy, I still check the projects but just because I am interested in the technology but never as my trading strategy. now for trading strategy I just check for pumping potential and see if there is anything on the news that can lead to a big altcoin pump and then I invest in those coins only.
it has also been helpful to me to watch the market and the movements in it. with watching factors such as price (obviously) and volume that goes into each coin. sometimes it helps a lot.
Trading is a real science which needs studies and predictions at the same time. We have to know about the markets' news and being actual.Then you have which is the highest price in that last periode and compare it to other currencies so there you can make your own decision.
No one trader has perfect trading strategy, every trader has been loss, only good risk management make trader become expert and possible to get consistent profit. Beside risk management other important think is good trading plan and money management.
Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
This is not a "trading strategy" and i wouldn`t say that it is a strategy at all.
The same thing is when you buy stocks from some company.You look at the team that is running the company.This is not a strategy,it`s just common sense.Many good development teams can ruin some altcoin or some ICO project.Don`t rely only on this information,when you are making investment decisions.
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