What is the best trading strategy for cryptos?

MoonIsBlue

full member

Activity: 406

Merit: 111

Quote from: blankcurb on November 26, 2017, 03:28:48 PM

I've been a HODL for all this time, but so far I'm not making a huge profit out of it so I thought in start trading.

What's the best strategy that worked for you guys so far?

Most crypto's experience a long time of stagnation before exploding really fast. I've visited quite some charts on CMC and there are a lot of coins that haven't seen much action for 2 years and then suddenly break out setting new ATH after the other. If you really believe in a certain project best is to accumulate whilst its stagnant and wait for a break-out.

Crasengover

full member

Activity: 336

Merit: 103

Proof-of-Stake Blockchain Network

Try to find a very volatilitive coin and trade in short term. For example, if the coin is actively traded and there is some interval between buy and sell orders you can buy at lower price and sell it immediately at higher price. Of course you won't earn much from such short term trading but if you do it every day and several times per day then you can see the real income.

DanWalker

hero member

Activity: 1960

Merit: 547

Vave.com - Crypto Casino

I like active trading sometimes when I know some valuable information, but anyway mostly I have HODL portfolio for up to 1 year investments. HODL strategy is the best for newbies.

Pierre 2

legendary

Activity: 2436

Merit: 1366

Best strategy is having dynamic strategy to move ahead of markets.
Foresee market crash or explosion beforehand. Never do quick trades if you are not rich. Never stay as bag holder.
These are best suggestions I can give.

blankcurb

member

Activity: 90

Merit: 11

I've been a HODL for all this time, but so far I'm not making a huge profit out of it so I thought in start trading.

What's the best strategy that worked for you guys so far?

Topic: What is the best trading strategy for cryptos? (Read 195 times)