Topic: Two important strategies in crypto trading - page 9. (Read 1447 times)
My strategy now is doing crypto trading by use my BTC and my purpose to increase that amount of BTC, i believe the price of BTC will be bull run in next month. And iam prefer to do day trading in broker that allow deposit in Bitcoin and offer short and long potition to make profit.
The most convenient trading strategy is just to use the bollinger bands, that is the most simple and the most easy strategy to use without having any mistakes at all
Bollinger bands still rely on SMA or for me moving averages is already a good gauge to see how the price will go (oversold or underbought). But then again, we all know that TA is not applicable in this market.
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
Day trading strategy is no secret. It's just a matter of execution and picking the right coins to put. If by chance you get in early, then get out and don't be greedy if you think you have hit your price goal. Greediness is one of our worst enemies, be sure how to learn to control it as well.
Principally, buy and hold or buy-sell in daily to be said traders. However, there is a term of investor which is in my mind the definition of investor is a trader who hold the token for long time and calculate annual rather than daily or monthly basis. For long term basis as investors, the considerations are project profile no care with current chart. It is different with trader who is caring for chart to see the price movement and analyse the chart and also the news of the token.
There is a big article about trading, it is no easy, but like in any business u have to learn a lot and make your own experience
https://bitcointalksearch.org/topic/m.33457528
https://bitcointalksearch.org/topic/m.33457528
Many people will find this advice helpful to clear the mind out of the buzz in the trading world.
For example; Don’t treat crypto exchanges like bank accounts. Basic information regarding which exchange is reliable to store some coins and be able to withdraw without any hassle due to many exchanges will give you trouble when you want to cash out. In this case, better to choose a local exchange located in your country to make it easier to access it if there is a problem. Or else, do some research, read some reviews about some exchange before putting the money on the line.
As long as you can manage the money and manage risk properly, trading will give profits. But don't be greedy to chase the lowest entries or highest peak in a market, it makes you regret everytime you miss the chance.
I believe in that there is not a fixed strategy while trading, you need to build your own by just following your own advices and mistakes, that is the only way to succeed in trading
Each person has his own perception of failure or learning from others. So they will be more successful in business and trading. No one is as fixed and specific as you say is absolutely right, depending on the circumstances in which we make the decision. 
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
For people like me day trading is difficult and that's why hold become my choice. I don't see any way how to combine those method because day trading and hold is not same and totally different. If you have strategy ( knowledge ) how to take the right coin and set take profit area, please share with us. In those thing I still not understand clearly.
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 will be quite easier for a layman or newbie in crypto trading to just buy and hodl rather than trading else there is a tendency of losing the whole investment however a professional trader will combines hodling as well as day trading which requires some skills, of course he has every opportunity to analyse every trade before pulling the trigger for a buy or sell. 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
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.
Yes taking risk is the main art to be a good trader. If you want to be a good trader and want to earn money for your future and make your living good you have to invest your bitcoin in some promising projects and take a risk. Along with your regular job if you manage to invest in bitcoin it will give you double profit if you work wisely with it and will allow you to full fill your needs easily and save some for future as well.
I believe in that there is not a fixed strategy while trading, you need to build your own by just following your own advices and mistakes, that is the only way to succeed in trading
I do not know any profitable trader who trades daily because it is incredible risky activity which need huge experience, skills and knowledge of using hedging instruments. It is the field of professionals. If you do not trust me you may try to trade and I am sure that you will come to the similar conclusion.
Trading on long time frames are less depressive because it does not need to make many operation what reduces overall risk but it is also very risky activity.
I am sure that the best choice for not professionals is investing.
Trading on long time frames are less depressive because it does not need to make many operation what reduces overall risk but it is also very risky activity.
I am sure that the best choice for not professionals is investing.
Knowing, feeling and following what your gut says to do. I have personally had a couple of huge failures with day trading, when following my gut. Everyone makes mistakes though. Now I am more experienced with trading, but I moved on from it. I also always listened to the more experienced traders, like on YouTube or some news articles found on Google. Buy and hold are the only strategies in the crypto trading really, day trading is super risky and I only advise to get into it with a little bit of knowledge and lecture. At your beginning start with a couple of hundred bucks, maybe if you're wealthy enough with more, but at first I advise to start small.
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
Two things being mentioned are basically the main rules on how to making trading. Either holding or buy and sell actively. Some people said on here that there are lots of techniques or ways which is true but the thing here is that we do always seek out on which path would be profitable for us knowing that not all traders do have the same capability or skills when it comes to trading. Some might use both methods and some would stick to one, as long we are profiting no matter which way we do used up it doesnt matter at all. 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
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
When I was day trading more than I am now, the strategy that worked for me was to place a buy order at a target price but place it for about 25% if my available funds. Then I would place 3 more orders with those remaining funds at lower prices. This allowed me leverage because often times once my buy order was filled, the price would keep dropping so I could then keep buying lower.
rather than hold for the particular time i personally more liked to do day trading but back again it depend on the situations for majorities market because i do not want to rush to decide buy or sell some coins and such as today that when all of crypto market were fall and i didn't do day trading and still hold until the market recover again
You should have the courage and the knowledge in what you are doing, you can do everything if you have just the courage in doing it and if you have the knowledge, because although you are failing in what you are doing, you are still have the guts and keep doing things.
I am not very hockey in trading, and for now again I am losing with a value that continues to decline. I just hope there is an ever-increasing graph change.
The most convenient trading strategy is just to use the bollinger bands, that is the most simple and the most easy strategy to use without having any mistakes at all
Bollinger bands still rely on SMA or for me moving averages is already a good gauge to see how the price will go (oversold or underbought). But then again, we all know that TA is not applicable in this market.
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
Day trading strategy is no secret. It's just a matter of execution and picking the right coins to put. If by chance you get in early, then get out and don't be greedy if you think you have hit your price goal. Greediness is one of our worst enemies, be sure how to learn to control it as well.
The most convenient trading strategy is just to use the bollinger bands, that is the most simple and the most easy strategy to use without having any mistakes at all
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 idea of trading is buying at low and selling high when you are comfortable with the profit, if you choose the day trading it still follow the same idea of buying low and selling high only that it tends to be faster, but the message I'm trying to past is that you can actually make more stable profit when your consideration is on making profit rather than the time spent on the trade. For instance if you are a day trader and in a certain day the price hasn't meet your target for profit, instead of closing your trade at lost, you could rather wait until the price recovers and you are at profit again
People really need to stop sharing shitty strategies in here, most of them are bullshit and they are not going to change anything if you really do not know how to trade properly.
Jump to: