Topic: What are your most effective crypto trading strategies? (Read 615 times)

Well, for the past 2 years or so, I've been more of an investor than a trader, after having traded the crypto market for several years, I did some analysis, plus and minus and realized a trader can be really successful in the short term, but not so successful in the long term, except as a trader, you are wise enough to also keep a good potion of some good coins in your possession as an investments.

Trading is all about short term profit, I am absolutely outdated when it comes to trading strategies that still work today, but what have really worked for me in the long run is investing and holding the coins for the bull market/season, short term profits through trading have never really helped me make the kind of money I want or desire.

Cryptocurrency trading is not for everyone only those who are experienced can succeed in trading. Especially those who have in-depth knowledge of the market and have acquired good knowledge of crypto and trading strategies stand to benefit. But there are many newbie traders who have no idea about the market and want to invest with the risk of losing their money later. A new trader needs to adopt various strategies to trade in the first stage. He needs to know about the volatility of the market and it is important to know when to invest in the market and get good profit. There are many other strategies which are important for trading so all those strategies should be adopted. And after knowing about the position of the market and the details, it is definitely possible to profit from the business if you trade later.

There's always a significant difference in between a newbie/amateur trader compared to those professionals or veterans on this market. When it comes to opportunity seeking then those experienced ones would

really be able to easily spot out the best time to get in which it is something opposite into those newbie ones on which they might even have the impression on panic selling on that time specially when the market does have that huge correction.In overall, it doesnt matter whether you are new or old on which we are all speculators on here, there's no way that someone could be able to predict the future but somewhat
having the experience and knowledge would really be giving out that advantage compared into others.

This is why on the time that you would really be dealing with this market then better to make yourself get ready or prepared for whatever conditions you would be able to
to encounter in and expect that it wont really be ever simple.

In trading world there’s always something to learn, it is very important that you calculate how much you are risking rather than just increasing and decreasing leverage . It is therefore paramount that you are able to study risk management before opening your position. That is why for scalping you need calculation. If you go for a 2.1 ratio which doesn't make sense to me. Even if you win the trade you would need more practice to understand risk management. And instead you can open a short position or can wait for a reversal.

But if there are strategy that's good and working for you, you do it repetitively until you're no longer see a success on it.

While it's true that approach in the market differs a lot. Like if we're in a bull run, the strategy changes. And the same goes with the bear run, the strategy that you have to come up must change as well. So, if you do something good and it's effecient to you, no need to change anything.

This is most important. The market does not always move in the trader's predicted favor, and those traders who can make the right decisions in those unpredictable moments can profit from the market. Sometimes there are situations created in the market which seem unusual to ordinary traders, but to experienced traders it seems like a great opportunity. Because traders who take trades after using experience and patiently observing the market, their money management is also very strong.

I think seeing free one is still better than paid one, they might be wrong too but at least they are not taking any money from you so that's a good thing. There are a lot of people who also do free but then they end up taking money from people and that's why I dislike it so much.

I think it is quite important that we should be seeing this from another stand point, it should be reaching to a point where it is going to be a lot more important and people should not be this worried about it. I get that it is not going to be simple and we are not going to get mentors who help us make money, but at least not paid people to do that because it will suck when you do not make a profit and you realize they just stole your money and that's how they make money.

Of course things are as you say, but seeing that the market is also very different now, things are beginning to move in other ways, first of all the technological tools have helped a lot so that they can see themselves better , in the case that I have seen In some platforms, I am in a group that is free trading, where a trader is offering us his techniques thanks to software , what happens is that I have not been able to try it, but it is very good and it is giving excellent results, Then it would be a matter of continuing to operate to see how much it can give , to begin with it is with little money with the equivalent of 10 dollars, so far I have been able to do a little more than 2 dollars in 4 operations , it is not much but I think it is Significant .

If you are afraid of losing, you will suffer more losses. It is not possible to develop smart strategies without losses in crypto. I think the key to this is patience. If you don't get into crypto with your last money or some money you need you should be patient. Maybe you have to be patient for one year, two years, three years and you will definitely get the return of your investment. The trick is not to invest blindly. Profiting in the crypto markets is simple if you invest wisely and be patient. That's when you won't be afraid even if you experience loss

I've lost -90% more than altcoins because of hold, and indeed the hold strategy for the bearish season will get us down and I did,
and now 10% of my capital really I have to double it by using scalping strategy and accumulated token amount in order to be able to recover quickly when it's bullish,
because I did it in 2018 when bearish came, and unfortunately the situation is the same now.

Regular sports trading could be a misleading name in the world of the stock market or crypto market. I think what are you mentioning is simple buy/sell, not sure why you called it "sports trading". However, crypto's volatility has been the son of the gun all the time, and extensive technical analysis can make you profits but not with full confidence.

The other day I tried to do a simple buy/sell trade when BTC was around 29K, by the time I thought I am gonna make a profit on this purchase, my trade charts were upside down, and I ended up having my bitcoin at 27K now. Imagine the losses with a small amount that I purchased and its ratio with the bigger volume change.

So that is that. It's volatility can make you suffer. So if not trained properly then its always better to HODL and keep it straight.

Well, maybe everything will be a little simpler if done by an experienced trader. and it looks like you also have a lot of experience in trading. I personally am sometimes still confused in reading every chart pattern that is formed. And in the end I also prefer not to complicate my analysis in trading. In fact, sometimes I just observe fundamentally and see trends that are happening in the market and I follow them. as long as I'm not greedy in taking profits I'm feeling fine with my current trading strategy. But I always avoid trading when there are economic release events or on certain days where there are activities around meeting schedules regarding interest rate hike decisions or the like. because I think at times like that the market always gets more aggressive than usual.

Controlling emotion is a must, a trader has no ability to deal with the market situation if he can't control emotion. Crypto market is unpredictable, it can easily change in a short time. Not everyday crypto market is green, sometimes it turns into a red market. If someone trades with emotion, he probably easily sells for losses. When the market trends change, he will panic selling.

It is true that there are many successful traders but it doesn't automatically make us succeed as well. However, we can make it as our inspiration to do harder efforts. It also ideally triggers us to believe that there is a real chance for making profits through trading.

Agree. We can't rely on 1 trading strategy only. 1 strategy may not be suitable for a different market condition. When the market is green, I prefer to use day trading. While the market is red, I prefer to use scalping trading. This is just 1 example of using a different strategy in a different market situation.  

A trading plan is a must and should not be violated, but when you say that you only use Support and Resistance as the main reference, then you also need to mention whether you use short-term, mid-term, or long-term trading methods.

Technical and Fundamental analysis will be equally important to know, I use a combination of RSI, MA, and some other indicators to know how the market is moving.

and remember that psychology will also be very influential.
No matter how well you trade if your psychology is not good then all trading plans will not work properly.
So the combination of everything is very important not just support and resistance.

I have always learned to keep it simple and that simplicity is just support and resistance, No matter which drawing tool I use on my chart either trend line, SMA, S$R I just ensure my major candle stick forms at a good support so I can buy or it forms at a resistance so I can sell, Secondly I avoid chasing after trades that have gone pass the support or resistance zone to avoid been trapped, Crypto trading is one investment that tests patience, discipline, devotion to trading plan and technique so I try to implement all and it has helped my trades.

A trader that doesn't have control over their emotions shouldn't not be trading as that emotions will keep making him to lose in the market. A trader shoudn't be fearful of the market. We have many traders making profit from the market so why are you been scared of the market. If you're not only guessing and you're doing your analysis properly, you should defeat the market regularly.

As a trader, you should be able to adjust to multiple trading strategy as they work in different times of the market. The strategy you're using when the market is bullish, you can't make use the same strategy when the market is in a bear season because the market isn't pumping.

Though when placing a Stop Loss the trader should consider the volatility of the price because placing a Stop Loss very close to the entry price is very risky because the price might reverse and hit that Stop Loss before moving towards the actual trend, therefore it's always advisable to place a Stop Loss far from the entry price after calculating the total risk of the trade, thus the importance of placing the Stop Loss cannot be overemphasized because it protect a trader portfolio or account from liquidation especially crypto trading pairs which has a very high volatility rate.

As compared to trading investments will be more beneficial and will have less risk so for the management of risk it is necessary to wait little bit for the market to recover back to higher cost then you can operates your activities therefore in this case you will be able to enhance money and reduce risk.

I think one should not copy others because once you invest money you will be able to learn from your own experience so try to use your own experience and mind and think that the step which you going to take is right for you or not and also don't allow your emotions to develop because it can effect your success.

Fear is part of your emotions so while emotions is the best enemy in trading, being fearful will eventually make you lose in trading. So turn into fearless instead and learn to manage the risk so you can reduce as well the risk of losing. And bear in mind that trading has its inevitable losses, so always trade an amount that you are not afraid to lose, that is if you want to last longer in trading industry.

Crypto trading is one journey that needs a lot of critical thinking and one need to always be ahead and alert in terms of decision making  towards any coin he chooses to trade in. But more importantly, you need to kill fear while trading, particularly the fear of making losses as trading is inevitable to traders both acclaimed professionals or learners. The only thing is that we all try to mitigate it making sure our profits outshines our loss.

Combining fear with trading can only make a trader incur more losses as he could out of refuse to key into a trading opportunity that would have earned him some profits only because it didn't really appeared to have  some potential, only to end up falling into the wrong trade.  And this would keep on happening as long as fear isn't killed in a trader's life.

That is the reality in trading. Even professional and skilled traders are not an exception from losses. It’s either they have to deal and manage it, or leave trading for good. Also, trading will never be successful if you are battling with your emotions. At least, you should know how to control your emotions, otherwise all your efforts and  capital will go into waste.

I agree with your opinion. The most important details are the importance of effective trading strategies in crypto trading are the importance of fundamental analysis, technical analysis, risk management, trading psychology. Continuous learning and adapting to changing market conditions is also important. Importance of having effective strategies for successful trading depends upon many factors which involve before to take entry in BTC i.e fundamental analysis ( Importance of understanding market trends and news),technical analysis, trend indicator etc. Importance of emotions and news also matter in this. Stay disciplined and be calm before taking any decision. Always look into the market values and effectiveness of ready cryptos

Yes, the market can be dynamic, but you must surely have different approach, or you can call it a strategy, that you apply most of the time to maximize profits. So what could it be? I know that as a trader, one can have several strategies to try out depending on the situation of the market, so the OP suggests what that strategy is; even if it's many, what are the few you can share, and how do you maximize profit with it? However, there are two types of cryptocurrency trading, such as futures trading and regular sports trading, that are mentioned in some centralized databases.

When it comes to trading strategies then it would really matter on each person and there's no such thing about being effective or not because there's no such thing about precise tools and indicators which would really still give out that kind of question when it comes to effectiveness. There's no way on pointing out and this is why it would really be a never ending kind of search and test out of different
strategies on different price or market conditions. This is where you would really be making out speculation and risk taking on whenever you do decide on taking up some decision on buying in or selling out.You are the ones who would really be finding out on those trading ways and methods which would really suit out your ways of trading or dealing with this market.

Yes, indeed, what apsa is that many people who know the different projects do not think that the most important thing of all is that bitcon is the boss here, there is no other way to do it, if they were clear that things could be different when bitcon is in a bullish trend than in a bearish trend, the Projects would be very good and successful, the investors would be very millionaires, because if what happened in 2017 when the Altocins season was activated,things would be different, but in this order of ideas is Difficult but not Impossible.

What do you mean by following the market flow is what is commonly called a follow the trend strategy?

Maybe that is true. Because if we go against the market flow then of course it can actually be more risky. But sometimes we also have to have the courage to make decisions contrary to market movements. Like when bitcoin suddenly goes into a deep decline. Then the majority market will be red. And the red market indicates that market participants sell more than demand to buy. And at times like this I personally am more inclined to enter and start accumulation at a certain point (support). Because someone also said to me about buying on red and selling on green. But this is only in case of a sudden movement of bitcoins. but if it's a long bearish trend then it's not good to go against the grain at such times.

What makes new traders lose is because they weren't prepared enough before they began trading. Before an individual that wants to take trading a profession starts trading, he needs to learn and make sure he understands perfectly everything that a trader needs to understand. He has to be able to develop his own trading skills and not rely on others.

We have more losers than winners in trading because most of them don't have a strategy, they follow the teg market trends and get caught in the hype. The only effective ways of cryptocurency trading is when a trader buys low and sell highs, If you can't do that don't trade.

Would really be that only applicable into those coins or tokens which is really having those kind of potential on holding up for long years but for those shit ones, then its never been that recommendable.
You would really be holding into something which doesnt have that potential.How you would be able to determine which is worth and which is not? This is where real challenge and struggle
would start because there's no easy way to determine on which one and this is where Dyor would really be recommended.

Trading strategies which does involved active buy and sell and speaking about strategies whether old or new, it wont really be giving out that precise thing whether its effective or not.
We know that we could really be able to make lots of combinations and applications in between indicators and tools as long it would really be that relevant towards price trend or condition which we know
that it is really that unpredictable or there's no easy way of finding it out.

But actually even the most common strategy can do a lot more in trading.
You know what I mean, of course it's about buying low and selling high. Not forever bitcoin will increase because basically a correction can always be expected. The best opportunity is when you buy on a dip and sell when the price recovers. Some people would think of a big correction as a market pullback, but if it's used to buy, you will benefit from it, but combine that with DCA.

7 red candles and 2 green candles in the last 9 days is proof that the above strategy is working for anyone who adopts it. It's just that sometimes you need to divide several parts of the total budget you have for DCA if the potential for decline is still very large. You may disagree, but watch how the market recovers each time the price finds a deep dip during a correction.

I do not rely on strategies. For me no strategy works the second time. I became adaptive to the market and trade accordingly. I would also like to suggest others to not to stick with any particular strategies. As here we are talking about profits and losses, and all this depends on the market conditions. But the strategy only works in a place where the conditions are always same. So i guess many of us are understanding now what I am trying to say. Just trade with calculations and trade in limit.

The trading strategy working for me in the past is short term. It's easy for me to get profit in that way I earn not so big profit but I have income everyday like 50$ per day. I want to try longterm hold bitcoin but I don't have enough money to buy Bitcoin.

For those whonare not common to trading and for newbies, holding os exactly the best way for crypto business. But they mustvalso consider what cryptos to hold for long term, because not all crypto will be worth it or lead to dead coins. Of holding BTC this is exactly the beat way.

However, for those who are really usual with crypto trading and have their best atrategy, daily trading will really earn them big worth. They may be able to analyze the market and do day trading. If worried to face unpredictable market codnition, they commonly have had some strategies to cover it like setting stop loss or cut loss to do further other trading pairs. Or even doing hedging. Trading doesn't mean not to ever lost, but ensure that the profits are much higer than the loss. Everything will be tisky for holding or trading.

there is no personal strategy that is most effective but not following other people's styles in trading I think there is its own satisfaction. if we lose we will introspect the mistakes of what we do. if we really see it from our personal point of view this is very good to do compared to following other people's styles. sometimes other people can only say it without knowing what risk they are taking because it is for other people not for themselves.

Holding strategy or technique doesn't work with all coins or tokens, it only works with cryptocurrencies that have the ability to keep themselves in the game, and even if their prices fall in the short run, they are able to recover and gain a higher price in the long run, just like Bitcoin, Ethereum and a few more cryptocurrencies out there.

Apart from a few, all other cryptocurrencies and tokens must only be bought and sold for a shorter term only to gain quick profits since if you hold them for long only to get a better price, you might end up losing value since they might not be able to sustain their value in the long run.

Perhaps, it was an old strategy but still works effectively especially, if we are able to analyze the market trend so well in a particular project that we use to trade.

As for me, we don't need to have a lot of strategies in trading because that only confused us about which one is working, it is better to keep 1 at a time and see what is the result before moving to another one. And to tell everyone also that not all the time our strategy/ies works, it can also depend on the market situation and of course, the one who is using this.

All you need is to identify which price is the lowest and the possible peak price in order to trade. Most of the time in order to pinpoint is to learn what support and resistance. Because this is usually where the bottom price is, resistance could become a support in the future.

This is literally buying low and selling high strategy. You know when they say it's easier said than done? It's somehow easy when you know there is a bull market so the solution is just to trade during the bull market. Using RSI and then identify the oversold and overbought lines of the price and the support and resistance. But make sure to stop when the bear market also begins.

Whatever suggestions I will give here will only serve as a guide to helping newbie investors navigate profitably, at the end you still have to develop your own strategy that will suit your kind of investment or trading pattern. The strategy that has profited me most is buy the deep DCA method and HODL. I only apply my DCA buying method when the market has clearly started its pull back and the only indicator I found most useful is the RSI overbought at 85 and overdsold at 15 and the Fibonacci.

I love the volatility because what goes up fast also goes down fast verse varsa, just allow the volatility to take one direction and target the opposite move.

^Because newbie should monitor first the market and how it will work and that is what I did when I was a newbie in trading and I agree with you.
Long-term trading can be a safer decision for those who are new to the crypto space, as it allows you to ride out market fluctuations and benefit from the potential growth of the asset over time. Altogether with proper planning and discipline, investing in cryptocurrencies can be a great way to secure your financial future. As a beginner in trading, it is important to do your research and understand the risks that were involved in trading, not just because you heard about the profit.

Smart money concepts is what I use but of late I haven't  been trading crypto as am trading currencies which I find to be easy.

The only way to manage risk is trading the mechanical way, if price gets to a point where it says buy, you have to buy and nothing else and this way emotionals are put out of the way. let price action play out...if it's meant to win it will win!

It's all about a clean chart nothing else...

When price seems to volatile then no need to trade as I have learnt to sit out when such market conditions present themselves.

Usually I trade with pending limits as my strategy is all about trading reversals/reactions from my order block.

Practice ,practice,  and practice some more, don't lie to yourself that you will get it right without it as its the only way to get a feel of real markets and express your emotions and perfect your art...without this its called gambling!

All the strategies that you have are great, but I think that in trading you have to be more specific, because there are several types of trading, long-term, medium-term or short-term, scalpin, for me they are all very serious and must be taken with great responsibility, binary options, futures, all are excellent, but the truth is that any of these types of trading there are strategies that can be different, in my case I would like to learn how to trade in scalping mode, I know what tarding is more risky, but worth it, there is still a lot to learn.

There is nothing better than holding a Crypto here in this field of business. Because even if you're just a newbie and don't know anything about it, as long as you're sure about the investment you're going to buy like bitcoin, it can be said that it's an effective way for you to have good savings in the future. That's why there are two types of traders, short and long-term traders. So being a long-term trader is one of the safest things to do as a newbie in the crypto space.

In addition to this, new traders should know and understand what they are about getting into that it is something that has the power to make them richer or poorer, with emphasis on poorer. The idea some new traders have is that as soon as they begin trading, they will   immediately start making profit, we all know it does not work that way. New traders eed to know that if they are skillful enough they can make more losses than profit in trading.

Personally, I'm not trading that much because I'm busy with my work, but when I see a chance to trade then I will try it. Mostly for simple trading analysis, I used the RSI indicator with this I can trade for the short term. As long as I use money that I can afford then I can ignore the market volatility but I highly avoid those shady tokens in the crypto market.

I frequently wonder where all these major projects would circulate their up and down movement if Volatility did not exist. Our strategy always matters interms of dealing with the market, knowing the perfect strategy for each season. The market cannot be stable, even for a single day; the only sign that the market is inert is total consolidation. Volatility is what keeps our liquidity fueled and the market moving. It's always a really tight lane to be watching bitcoin drop heavily and looking for solid entrances at that point. Bitcoin has the ability to influence the market in both bull and bear directions; it all depends on what we actually desire in the market.  

Whatever your strategy is, don't forget the stop-loss.
Setting a stop-loss order can help limit potential losses by automatically selling a cryptocurrency if it drops below a certain price.  This can be a useful tool for managing risk and the last one is the DCA way of purchasing crypto.  This can help smooth out fluctuations in price and reduce the risk of investing all at once when the market is high.

Remember that there are no accurate strategies for trading and also no trading strategy is foolproof.

There is a lot of advice or must TODO when you are just starting out. I can give you some importants;
Start small - try a small amount of capital to try your first few trades.
Practice on demo exchanges - there are some exchanges that got demo trading, which means you don't need real money.
Risk management - know the risk, know how much are you willing to lose, and know how much you will win on every trades, always set stop loss and price target.

Well, volatility is something difficult to measure, but I believe that one can make a type of strategy based on the news and on intuition, because volatility has a lot to do with those impulses that operators,media, and institutions have about as is the world scheme, and it depends on it if they are in a good moment to inject more money into bitcoin or consequently sell quickly in panic,as happened in 2020 when covid19 came out, which was a devastating fundamental for the market of btc and for all speculative markets.

Don't know 'bout you, but I'm all about tackling the tough stuff. And wrangling the wild beast that is the altcoin jungle? It's like teaching a feral wolf pack to moonwalk. But c'mon, that's the thrill, right? If we wanted snoozeville predictability, we'd cling to Bitcoin and snub the uncharted. Adventure, anyone?

Plus, picture the epic yarns we'll spin post-altcoin conquest. We'll be the buzz, the trading world's mythical heroes. Naturally, there's the chance of a wild dog chomp. But hey, a smidge of danger for a shot at glory? Suit up, amigos, let's blaze into the altcoin twilight. Adventure's callin' our names!

That's just ignorance for anyone to do and the newbies aren't the only ones guilty of this mistakes, altcoins are very risky to invest in or trade than Bitcoin and instead of anyone starting to trade altcoins, they can just buy and hold to sell for profit when they see the window of opportunities. Only the professional should be trading altcoins or those that have gotten some experience.

For traders what give them the most losses are altcoins and that's because they think and trade them as they'll do with Bitcoin but they forget that altcoins are more volatility than Bitcoin because they're so many in the market and all are fighting to get attention through hyping.

1. Its all that mixed up, we do have different trading indicators or tools which are being used on a specific market condition.2
2. Always set out some stop loss and always consider on how much money you could really be that willing to be risk or lose on.
3. MA,RSI,FIB, HARMONICS, SUPPORT and RESISTANCE and looking anytime for some divergences.
4. If the volatility is something that i could deal or get along with then i do just simply go with the flow or into those normal days of trading, if i cant then i do make up some break.
5. Buy low Sell high as always but i do most likely on swing trades than on day trades but it does matter if i do see some opportunity.
6. Never rush yourself on learning up trading, it would really be a long way to go but it would be basing up on how fast you would be learning up along the way.

You would really be making lots of trials and errors when it comes on creating your own strategy and it would really be in different variety or mixed up.

When you use to buy with short period in a day,you can able to buy at many dump.When the market is bear,the dump occur at various points.Even the price dump to all time low,So it will be best chance to buy for your future.All the traders should know the holding is essential one for good returns from your investment.When the trader depends on the market,the price of the crypto currency will increase or decrease depending on the market demand.So work with the market flow and don’t work against the market flow.It’s basic one need to understand by the crypto currency traders before beginning of crypto currency trading.

For me none of them worked in the long run, only buy and hold.

When you take it weekly or better yet monthly, that makes it easier to predict the future a bit, because it gives you a chance to see a larger portion of the time before you could make a move and you could end up with a good result thanks to that.

However, if you end up with nothing like that, and day trade only, that will result with nothing that exceptional, you will most probably end up with a bad result because you may not have enough time, or you will give up on day trading and turn that into longer period. Obviously in both cases if you buy and it suddenly goes up then you can sell and make a profit, what I am talking about is only true in cases where it is simply when price goes down, that will be a bit more different in that case.

To be honest I rarely trade in the short term (daily) I prefer buying and selling on a weekly or monthly basis. And what I did in determining the selling and buying points was only in a simple way, such as placing a purchase at the support point where the price bounce occurred. and I put selling at the resistance point where there is a price rejection to go higher. but I can only do it in 4 hour timeframes. whereas when I try to day trade to be honest I often experience losses. So I really avoid day trading for now. because I am aware that mentally and scientifically I am not proficient enough in trading analysis. especially my weakness in technical analysis. so I trade more often based on fundamental analysis.

Great input there i must say, I have seen Traders who has lost it all because of the promise and the adrenaline rush of the Said Market, Many a times playing with demo dont usually excites as much but by God they can save your life as a new up and coming Trader. Trading the Market can defenitly lead to Penury if one is misguided, this is why Financial education is Key and Platforms Like this one (Bitcointalk) plays an iMportant role. Thank you

I tried trading shitcoins, it didn't work for me. I buy Bitcoin and HODL. A pleb like me with small capital should keep it simple.


During 2019, most of my savings went to Bitcoin. It was high risk during that time.


Nothing. I read, and learned more about Bitcoin.


I don't. Everything is in cold storage, although I sometimes feel the stress.


Buy the DIP and HODL, and there's another one that might be coming. PREPARE!


Keep it simple, and don't diversify. Plebs like us shouldn't trade like the whales with billions in capital. Buy one coin, preferably Bitcoin and HODL! Or probably concentrate on just two or three coins, but never "diversify". You're not a billionaire.

Yes indeed, if only it is easy to understand this as a newbie. As a newbie the ideas that trading should be viewed as probability is not very attractive. But Noted

I think starting even with zero could be done, if one wants to be that careful. Well, you can learn how to trade from studying indicators and reading charts and overall TA basically, but then instead of starting slow, they can open a demo account in a demo place and make moves on real market movements, prices are based on real prices in most of them, so you should be doing fine and to keep that going for a long time means that you will learn if you studied enough or not.

That doesn't mean you will be great at real trading just because you are great at demo, but it surely means you start with not losing anything at first. Then you can move with small real money ones and can see if you are any good or not as well.

I'm going to say this should not be a problem to a crypto trader who is using stop loss strategy. It is very good to add such to trading strategy because it takes away fear of losing all out when the price swing against your position. So this is an advise also to the newbie and it cut across most of the questions you have asked. No matter how good your strategy is, it is risky to trade without stop loss.

1. Choosing right coin to trade. I started with bitcoin because of its closeness, likelihood of getting more profits as compared to any other alts. The number one reason was, trustworthy coin. The strategy was simple, only trade the coin which you are sure about and avoid all the coins no matter how promising they might “feel” or “look”.

2. This is more or less related to the strategy that I build while trading. Anyways, sooner I came to know that trading isn’t that easy when it comes to volatile assets like bitcoin/Altcoins. So very first, kept my trades long term only. No short positions, only the long term with viable volume to trade.

3. Since I am not hardcore trader, my trades were solely based on technical analysis done in the news articles and money control blogs. Rest I assured to check up with facts about the coin that I’m trading. Most of the help I always get from BTT itself.

4. I have always been long term holder. The best we can do in the volatile market is stay calm and do not close the positions in hurry. That will turn your trade position into FOMO sort of investment. You lose a lot that way.

5. I focus mostly on DCA trades. Whenever I see the opportunity I will buy the coins at the particular prices and transfer the coins to wallet right away. I do not believe in keeping my coins on an exchanger more than its required.

6. Don’t seek heavy profits. Play with demo accounts first. If you want to have trading as main income source then take the classes first. Deeply learn about technical analysis. Don’t have multiple open positions.

Long, short, catch a falling knife are helpful for me but I had losses with them some times too.

Don't use all my capital for trading at once. Use stop-loss order, stop-limit order.
One of best weapons in trading - Stop loss order
Stop limit order

Before using stop loss or stop limit order, don't open a position if you see risk:reward ratio is > 1:3

Top Notch, and well outlined and well outlined i must say.

There is no doubt that trading is a tougher job than investing.And trading is always for short term where there is risk of loss along with making good profit. And newbies always lose in trading without experience and expertise. Well, there are many tools and indicators but I always trade by looking at support level and resistance level. I place a buy order at the support level and a sell order at the resistance level. And always minimize my risk by placing the stop loss below the candle bottom of the support level.Newbies should first create a dummy account where they can test trading for some time and experience buying and selling with a dummy account.And when they get the experience of where to enter and where to exit, go and start trading with a small amount in their real account.Most attention is to start trading with small amount. Because even if the trades go wrong in the beginning, the loss is minimal.

Buy when everyone is scared and sell when everyone is on hype. I use the greed fear index to have an idea on what’s the community think on the market because most of the time, the trend reverse at some point when almost everyone is onboard.


I use only 10% or below of my portfolio per trade on a certain token. The only time I put 100% of my token if I’m doing DCA while the price keep dipping multiple times.


Bollinger Bands and simple determining support/resistance when buying and selling my holdings. I combined it to Greed Fear Index that I mention on my #1 answer.

I don’t trade if I don’t a general idea on the exact direction of the market. It’s better than safe than negative profit.


I put it near support and resistance but not exactly because my order might not gonna fulfilled if it was place over or lower on S&R. It should be before this important price.


Don’t trade when you not sure what’s going on because fear of missing out is always the cause for newbie to commit premature buy and sell.

1. Over the years, I've dabbled in countless trading tactics, but the one of the best has to be the "dartboard extravaganza." I simply manifest a list of all coins, fling darts with reckless abandon, and voilà! Astoundingly fruitful.

2. For risk management, I'm a staunch believer in the "finger-crossing optimism" maneuver. It's been a trusty companion, barring sporadic night terrors over missed opportunities.

3. Concerning indicators, I've discovered the Magic 8-Ball rivals any intricate technical analysis gizmo.

4. As for market volatility, a hearty inhale and "HODL HODL HODL" chant work wonders.

5. Regarding buy/sell orders, I employ the underappreciated "eeny meeny miny moe" stratagem. Laughable? Perhaps. But astonishingly potent.

6. Newbie traders, heed my wisdom: ignore the masses. Embrace spontaneity and follow your gut. Trust me, I'm a maestro in the field!

1: Buy low and sell high. I usually settle for around low to middle-profit margins, anything higher is something I usually take every once and a while but I just didn't want to risk it most of the time.
2: Spreading my portfolio, investing what I can afford, and doing some market research on investment ideas.
3: The basics. Some crypto news outlets as well to keep me updated.
4: I just let it be, panic selling isn't going to do anything so I just either buy more since I believe the coin will perform better later on, or just let it sit there.
5: Manually. Usually based on my own analysis of the market
6: Invest what you can afford to lose, nothing more. It's a guaranteed fact that you're almost always going to lose money, especially at the start.

This is usually when I bother to actually think when trading though. Most of the time nowadays I just accumulate and sell.

I agree, if a newbie wants to become a trader that is fine, but they need to become a swing trader at first in which their trades can last for a few days or even weeks or months, as in this way they will gain the knowledge and the experience they need to improve their results along their journey.

But instead what happens is that newbies want to trade altcoins, employ leverage while using the 15 minutes chart or even a faster chart, and as you may guess those newbies rarely end up having a successful experience.

1. Exceptionally well in some types of market but can give adverse results when market shifts.
2. Risk management can be done through accurate sizing of each trade and risk reward management.
3. Earlier it was RSI, MA bands and some what Bollinger bands. Now I use quantitative data much more than just these.
4. Stop losses generally deal with such things but yes sometimes these things can be pretty bad on your portfolio that's why even with stop loss accurate sizing of trade is important.
5. Manually so far.
6. If you are in for money don't do it. If you are in love with trading and watching charts only then continue.

I have tried many strategies in the past. Many worked for me, many didn't. Based on market condition, it changes. You need to have multiple strategies ready for that kind of changes. Buying low and selling high. You can set multiple order at different price point. It will be filled automatically if the price limit is met. This is a good strategy in spot trading if you are good at market analysis. Still works for me.
I only invest what I can afford to lose. And see how much will not affect my assets that much. Based on that, I set my risks.
never look at others when trading your assets. DYOR and take decisions based on that.
DCA. This is the best approach in this kind of situation. Or if you are a long time hodler, just hodl.
Based on TA. Same answer for the question no.1
Take your time, start with low amount, point out your mistakes, fix them. You can not master anything overnight. Most importantly, don't give up.

I tend to agree with you on HODLing, that's how the Biggest ROIs were made and lost too if proper measures were not followed, I can still remember earlier on, My very meek 40$ placed in two silly coins SC and DGB, went on a ride and somehow became $880, I wasn't doing any sort of Trading on them (except if u will call opening my Tabtrader daily and closing it with a grin some sort of Trading).     Lately, I know a whole lot of TAs and EDucation but less Profitable than when I kept things Simple.  For me the Journey of moving from Hodling to Trading was a Subconscious shift to impatience from Patience (I don't know for others).

For me the best strategy ive found is to move in early into a good and scaling project and wait, and Hodl. the Likeliness that your Bags will do well and improve over time is above average. example i would hold Arbitrium over Solana, not because Arbitrium is a better project or anything technical like that, but just because it is still morning for arbitrium and bear pressure will affect Solana more (Hodlin big Caps in a bear will teach u sad lessons).
To put it Simple, Market Cycle Affects our Profits and Loss, and understanding it is key to killing it big and also getting to keep what u killed.

Start small and increase your risk and capital as you gain more knowledge of the market through experience. I always advise anybody I bring into the cryptocurency market to start with trading Bitcoin against stablecoins and as they begin to understand the market better then they can shift to other pairs and finally trading altcoins entirely because that's where the money is.

I noticed that those who immediately start trading altcoins could get confused and lose to the market as there are so many of them in the market that looks good for trading but are just useless and immediately you buy, you can get dumped on. It's never a good choice to start trading what you don't understand how they behave.

My advice to new traders is, they should be more focus on their personal research before buying or selling coins for the market, which is very important to every traders who want to be successful in crypto trading. They should not be an hurry to sell their coins without verify if the market price is good at the moment or not before supply to the market, because many traders has lost huge amount of money in the market because they sold when the price of coins are low in the market. Now that the price of Bitcoin is still low in the market, I think it will be effective if all those new traders can buy and hold for the price to increase higher to their satisfaction before they can sell to make profits.

1. Buying low and in bulk waiting for it to gain at least 3x to 5x or more.

2. Im a risk taker so as long I could hold out my feelings and emotions, then just hold it.

3. Basically the common one only. Its just a guide anyway.

4. Avoid market trading or swing trade. If the token is highly volatile then set up a stop loss.

5. How to set orders? Using cex like Binance. But if you are using dex, its automatically swapped. But some dapps have this kind of cex feature.

6. Learn everything first from terms, concept, and do simulations and not just go for live trading. Practice first before going hard on betting your money.

1. Simply buying fundamentally underpriced assets.

2. By setting percentage allocations depending on how confident/convicted I am with the project.

3. Chart wise? Literally nothing. Purely fundamentals.

4. Nothing. I simply accept that the market is very volatile. When huge price swings to the downside caused by BS FUD happens, I simply scoop up a bit more.

5. Daily TWAP when low liquidity, lump sump when high liquidity.

6. Just do it and accept the fact that you'll be losing money at the beginning. Also, don't take blind bets.

Swing trading, in my opinion, is not a strategy. It's a type of trader and these are scalping, swing trading, day trading and more. Swing trading is when you leave your trades open for several days. If you are a swing trader, you can employ a variety of strategy.

By the way, the major strategy I employ is SMC, which some call it as a concept. I also know candlesticks, EMAs, Fibs, and many other strategies, but SMC is my main one. They're just use for additional confluence to increase the probability of the trade.

1. Trading strategies can be depends on what niche that you have, you are the only one who can know it because your niche should be compatible with your personality, character and habits. As for my niche it is swing trading so it is the most effectively for me I buy at support levels and sell it in resistance or whenever there is a selling signals
2. I only have a maximum of 30% of my overall capital in a specific assets, in that way I can manage my risk and I usually allocating only 1% - 2% for my Value at risk, meaning it is the maximum percentage of I will lose if my bias did not work.
3. I only use volume and I purely rely on charts
4. By sticking to my plans
5. Whenever I already created the plan, I stick with it and.order with no hesitation and have supreme confidence
6. Allocate 1 hour daily to improve your trading skills if you want to achieve new heights and improve your overall performance. Remember that your success depends on how you work hard in trading.

usually this is the most easy to deal with, usually an app coming from the reputed exchange provides notification that you can set your self that inform you certain price swings have been occurred.
i'd say, even if you don't set it some of the exchange like kucoin still informs its users regardless of the setting the user has,i could be wrong in this one though, usually the strategy that I commonly used, instead of looking up at its chart which shows the technical aspects of what currently is happening, i look up for the news in regards of the coin itself, this could help tremendously in making informed decision in trading in which definitely sets you up for the upcoming future of the coin itself.

speaking from my experience, trading in short term basis incur losses more often, since the movement of the markets usually out of the prediction, heck even there was saying that the general trading analysis strategy exists just for the whales to determine how the individuals traders are gonna be making their move which does make sense if you think about it further. I'd say i agree with those that saying holding or investing in general would be a lot more profitable and easier too, usually it can't be denied that sometimes opportunity arises if we're patient enough in waiting until the next cycle of bullrun after accumulating hugely around bearish. but one could always say that holding in general require too much time that sometime for some people it just doesn't cut it. but if i were to be trading around short term and limited amount of time frame, i'd say try to find some coin that has lost its valuation hugely due to some silly events like airdrops and then accumulate around bottom, you could figure out the bottom relatively easily with these coins and there's bigger chance that it will recover within days.

I'm not sure if people will consider HODLing as a strategy in trading but this is the most effective for me. When I did multiple times of trading, only a few of them became successful and won.

Be cautious with your trades but don't be too aggressive with your trades because you'll never know how the market will be against you. Always have that tip to only invest what you afford to lose.

1. Lots of ways and methods basing up on the market condition.There's no specific strategy does work out all the time.
2. Always manage your finances well and be mindful about risks management and of course with your emotions
3. EMA,MACD,FIB,BB
4. Move on, market prices is always been volatile.It could fucked up your TA so easily
5. When my TA's does have that confirmation and does give out that point its a good entry then im doing it
6. Take it slow, dont make things in a hurry.Try to familiarize everything from those trading methods until on observing on how this market behaves.
Rest of learning would really come through real experience.

Cryptocurrency trading can be both exciting and daunting at the same time, especially for those who are just starting out. There are several trading strategies that traders use to buy and sell cryptocurrencies, manage risk, and maximize profits. In this discussion, let's share our most effective crypto trading strategies and learn from each other.

Questions to consider:

1: What trading strategies have worked for you in the past?
2: How do you manage risk when trading cryptocurrencies?
3: What are some indicators or tools that you use to inform your trading decisions?
4: How do you deal with market volatility and sudden price swings?
5: How do you set your buy and sell orders?
6: What advice do you have for new traders who are just starting out?


Let's have a productive discussion and share our knowledge and experience with each other; Thank You