The main strategy and rule for me in trading is not to panic and be patient.
Had a lot of mistakes back a year ago, lost much just because of panic selling
Topic: Two important strategies in crypto trading - page 10. (Read 1447 times)
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
I think combining these two methods is a good thing. Because long-term investment and speculation are different. Long-term investment will not take too much of your time. You just need to buy and hold them until the value of it increases. Speculation will cost you more time but it will make you money every day.Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
We should divide our capital into two parts to perform two jobs at the same time.
There is a big article about trading, it is no easy, but like in any business u haave to learn alot and make your own experience
https://bitcointalksearch.org/topic/m.33457528
https://bitcointalksearch.org/topic/m.33457528
The basic rule in trading is to buy low and sell high, no matter what you are as long as you follow this rule you can have your profit. Your experience and knowledge in trading are very important because this will guide you in the right path. Be patience and always think that you can win in this market.
You should buy low and sell high to make profit for sure but you can't simply follow this rule, when you buy at the peak you don't know it and will have to wait to sell at higher price.
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
It can be a great combination because for me to do the strategy according to the condition and the situation is the most appropriate choice. We can not force our strategy if we do not get a good momentum, so make a decision according to the conditions. Making a decision in the trading world is the hardest thing to do, it is best to do the analysis and take the right momentum. Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Dont know, for me investing money into trades I always believed in the long term trading. I find it very much secured one rather than appealing it over its disadvantages. Long term trading creates you time margin so that you can always buy some time to think about the further decisions, in a way so that you can change your strategises. However, in day trades you have got single trading opportunity where you get one chance to either buy them or sell them and thus making it hard for themselves. We may loose lot of money over it, if you try to go for the long terms you have big options available.
Beside trading strategies as you said and whatever the strategies to be applied whether to combine long and short trading to optimize the profit, there is another important thing that is to do risk management.
wo important strategies for cryptographic transactions if we do well is the secret to our success
1. Divergence can also serve as another strong signal towards a reversal trend
2. Money management is a method of managing funds, including, and this is the most important thing, calculating the risk for each separate transaction and for a series of transactions with each other.
1. Divergence can also serve as another strong signal towards a reversal trend
2. Money management is a method of managing funds, including, and this is the most important thing, calculating the risk for each separate transaction and for a series of transactions with each other.
I think day trading is not much crazy these days as crypto currencies are gaining too much volatility. I think when volatility start rising you should focus more on the strategies like Swing Trading. Off course everyone knows that for doing the Crypto Swing Trading the currency that we are trading on must have volatility. Surprisingly all the currencies in crypto are recently being very much volatile and you can just pick and work on anyone you want. This strategy works most of the time as all the conditions for it are in line in the world of crypto. As far as day trade is considered it can take breath out of you until you get proper profits.
My strategy is to buy and hodl bitcoin. And with this bitcoin daytrade and trade long and middle term with altcoins. When market is in bear mode i daytrade. When it deeped low enought i start to grab coins for longer period of time. But et the end i dont care how much $ i have. I care how much bitcoins i have becouse this is my hodl coin.
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Yes, I do agree that those are the most important basic in trading but I do want to earn by just 1% a day and would try to compound it until I get to be a millionaire.
hold long-term is the decision I take when the coin I choose has decreased deep enough, but I also feel that waiting is indeed boring but the choice must be taken to minimize losses.
I tried day trading before and I can say good for those traders who want to get daily profit and have big time to always check and read which crypto are best to trade. Even if we can only get small amount of profit in daily trading well atleast you profited.
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Many of the strategies they do in trading.Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
I do both strategies, hold and trade quickly, it depends on the conditions and market situation.
For some coins, I hold it because it has a good future.
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Still not too familiar with trading strategies would you elaborate more please? Just give examples to each of your strategies it would help me grasp the most important part in that manner. I am familiar with day trades but not too much since i always ignore the fast way and the riskiest I'd like to take a shot but i need more elaborate ways to compare wish you'd help me too. Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
The basic rule in trading is to buy low and sell high, no matter what you are as long as you follow this rule you can have your profit. Your experience and knowledge in trading are very important because this will guide you in the right path. Be patience and always think that you can win in this market.
Buy and sell trading method is good which the worse thing is highly risked to your fund and probably it will lose if you will not be careful about making decisions. Buy and sell strategy and holding for a long time I must prefer in long time holder because it is not stressful to watch every seconds or minute in crypto market cap just to monitor always the price movement.
There's is no expert when it comes day trading because you don't know what will happen to the coin it is very volatile and hard to predict.
There's is no expert when it comes day trading because you don't know what will happen to the coin it is very volatile and hard to predict.
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
Jump to: