What is your best investment strategy? - page 83.

Gotottack

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Quote from: Rostadom on January 18, 2017, 09:07:28 PM

I don't have a ready-planned strategy because I believe that success is a life long journey. I kind of agree with the saying "We'll cross the bridge when we get there." I do have plans and goals in life but I'll work on it throughout life. At the time that I get to those events, I'm certain that I'm smart/wise enough to solve them. Right now, I'm still inexperienced in life so I can't really lay out the plans of my life.

We must still plan ahead and not just go with the flow. What if you're at the bridge but you didn't have a contingency in the event when you reach that bridge it is actually burning. So how would you cross that burning bridge? You can create short plans at first but have a long term one along with it, that would be a better idea.

Rostadom

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I don't have a ready-planned strategy because I believe that success is a life long journey. I kind of agree with the saying "We'll cross the bridge when we get there." I do have plans and goals in life but I'll work on it throughout life. At the time that I get to those events, I'm certain that I'm smart/wise enough to solve them. Right now, I'm still inexperienced in life so I can't really lay out the plans of my life.

angaper

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I am convinced that my strategy is good because it implies adding value to my coins, a gradual increase that hardly would be obtained simply by storing them. And this strategy is simple: to deposit my coins in Forex trading accounts where a brilliant strategy allows me to generate between 30 and 50% yield per month on my worth of bitcoins.

Gotottack

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Quote from: The_Dark_Knight on January 18, 2017, 07:45:26 PM

I don’t have a strategy that I follow, because sometimes you have money to spare and buy bitcoin and sometimes you don’t so it’s never easy, but I prefer to buy when I see the price to be low and after some months I check the price and see if I can make some profits if not I let my coins in my wallet for some more months.

You're strategy is actually buy low and sell high and hold. That's your actually strategy. Well every strategy is built around this, it just evolves to be more complex and complicated. Though basically it all boils down to this. So I believe everybody who has a strategy uses this formula. And if you aren't then you are not profiting.

The_Dark_Knight

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I don’t have a strategy that I follow, because sometimes you have money to spare and buy bitcoin and sometimes you don’t so it’s never easy, but I prefer to buy when I see the price to be low and after some months I check the price and see if I can make some profits if not I let my coins in my wallet for some more months.

Abiky

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Qumiu on January 11, 2017, 11:13:12 AM

In the crypto world, there are many opportunities for profit. My strategy for now is to follow the ICO which offers a whitepaper that good and promising, I saw Golem and Wings offers a cool thing. Another strategy is to follow the run of trade exchange, I feel monero, dash, and ethereum will have a high value in 2017. I am also interested to invested in hardware, to start doing mining altcoin using GPU.

Exactly. While there are more chances to profit in the crypto world, than in the stocks market, in my opinion, you should always proceed with caution since there are many scamcoins out there, as well as scam ICOs that aim to steal and run away with your hard earned money.

Always make a research in any kind of project or cryptocurrency you're willing to invest into, to keep your investment safe.

As for GPU mining, it is always best to use AMD Radeon graphics cards, for better results when mining cryptocurrencies. There are many profitable coins right now that you can mine with it such as Monero and Ethereum. You can see the most profitable coin to mine in this site: http://whattomine.com

Nevertheless, whichever strategy you take, make sure that it would minimize the risks and increase your chances of profiting in the long term.

Victorycoin

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Quote from: JANGKRIK BOSS on January 18, 2017, 03:21:51 AM

Be patient is the best strategy, when many people panic and sell when the price in the bitcoin $800, they think that prices will continue to fall (including me, sell 1,5 btc when the price under $800), but after a week it turned out that the price goes up. Don't ever panic when prices go down, believe bitcoin in no time will go up again.

Selling or buying all to soon as market reverses is a common feature with unaided trading and that was my point in saying buying and holding strategy in its simplest form forfeits so much money in the market as it is so easy for an inexperienced trader to mistake retracement for reversal and out of panic and lack of patience quit their trades much sooner than later.

As always technology is targeted at making life less stressful and enjoyable and even in trading, we can employ technology to get the best of trading so long as we are already well versed in the application of the veritable technology.

deppil

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Quote from: usefrees on January 16, 2017, 06:44:45 AM

Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

Yes, your strategy is simple. But we should not forget the fact that Bitcoin is necessary and sometimes even spend. This will ensure the proper functioning of this coin and stable price growth

This type of strategy is for those people who doesn't have enough time for monitoring their trades and just wait for one goal, for the price increase. And no doubt that buying at low and selling at high or just holding your bitcoins for a longer term will always be the best type of investment strategy. But if you do have a lot of time to invest with trading, just do it.

if you do not have much time to monitor prices in the market, this method may be right for you, you just need to wait for prices to rise and unnecessary distress to undertake more skill, patience and believe prices will surely rise

JANGKRIK BOSS

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Be patient is the best strategy, when many people panic and sell when the price in the bitcoin $800, they think that prices will continue to fall (including me, sell 1,5 btc when the price under $800), but after a week it turned out that the price goes up. Don't ever panic when prices go down, believe bitcoin in no time will go up again.

Ziskinberg

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Quote from: passwordnow on January 17, 2017, 09:15:00 PM

Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

This is the simplest type of investment strategy which is always been effective. Actually I did this and so far I hope that I can continue this type of strategy. I'm thinking to invest 5% of my monthly salary for bitcoin and I will just hold it and do nothing with it. Because its more profitable rather than depositing it into bank.

Do it constantly and you shall see the result in due time, your investment plan is very affordable since 5% is just a little percentage of our income. If you would ask me, I would do more than that or do a progressive method, you never know how much you can accumulate in the future.

passwordnow

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Leading Crypto Sports Betting & Casino Platform

Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

This is the simplest type of investment strategy which is always been effective. Actually I did this and so far I hope that I can continue this type of strategy. I'm thinking to invest 5% of my monthly salary for bitcoin and I will just hold it and do nothing with it. Because its more profitable rather than depositing it into bank.

Doms

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I would say that right now, diversification is my best investment strategy. I try to put my eggs in different baskets and discover new investments as I go along. There are really a lot of investment instruments around and I choose some that are of different risk levels. Maybe my age has taught me not to put everything in speculative investments and I learned to set aside a portion that's in safe and relatively risk-free investments.

Victorycoin

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Quote from: ?? on ??

Quote from: usefrees on January 16, 2017, 06:44:45 AM

Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

Yes, your strategy is simple. But we should not forget the fact that Bitcoin is necessary and sometimes even spend. This will ensure the proper functioning of this coin and stable price growth

This type of strategy is for those people who doesn't have enough time for monitoring their trades and just wait for one goal, for the price increase. And no doubt that buying at low and selling at high or just holding your bitcoins for a longer term will always be the best type of investment strategy. But if you do have a lot of time to invest with trading, just do it.

It all looks simple and seems to be working and that is all the appeal most traders are looking for, however for an experienced trader, the strategy is not complete, because it lacks a clear definition of when to buy and sell. Taking it as is, should someone mistakenly buy at a peak price and then price drops way down, it might take much more time than the person is willing to wait before the trade returns a profit.

bitcoin31

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Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

Yes the best investment strategy is to buy bitcoin more and hold it. Buy bitcoin with the low price I think its time to buy bitcoin with $800++ price because I think the price will increase again at $1000 price per bitcoin. Its not late to invest in bitcoin . many people buying and selling their bitcoin and that people make a lot profit. So what are you waiting for guyz buy bitcoin now and be enjoy everyday and see bitcoin price is increasing daily and monthly .

Victorycoin

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Quote from: Liang_Kubur on January 16, 2017, 07:29:32 AM

Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Dayding is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

Yes like me, I will buying when the price is low and sell when the price is high. I very luck in some days ago, I sell 2 btc with the price reached $1,100. I predict that the price will go up again and I will buying for 3 btc. I will sell again if the price reach $1,000 or more.

A simple strategy no doubt, but how can one tell when a price is low or not because the volatile nature of Bitcoin makes so much more possible. The problem with buying at a supposed low price that eventually became a high price is that the holding might be for long before market price goes that way again. I will suggest the introduction of Bollinger Bands, RSI, Stochastic, etc to help spot ideal entry and exit prices.

Liang_Kubur

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Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Dayding is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

Yes like me, I will buying when the price is low and sell when the price is high. I very luck in some days ago, I sell 2 btc with the price reached $1,100. I predict that the price will go up again and I will buying for 3 btc. I will sell again if the price reach $1,000 or more.

usefrees

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Quote from: FinanceUS on January 16, 2017, 06:24:09 AM

My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

Yes, your strategy is simple. But we should not forget the fact that Bitcoin is necessary and sometimes even spend. This will ensure the proper functioning of this coin and stable price growth

FinanceUS

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My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

simpler2016

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Quote from: Mbah Slamet on January 16, 2017, 02:20:21 AM

Quote from: Victorycoin on January 15, 2017, 02:38:53 PM

Quote from: angaper on March 05, 2016, 06:27:48 PM

Actually I don't trade cryptocurrencies, but over the years I have achieved an excellent performance as forex trader. I use to trade the NZD because of its high interests in long positions, and I also use hedging as my preferred way to minimize risks of losses.

Nice strategy, I have also been hedging in the forex market and have been working at finding hedging opportunities between bitcoin and altcoins. So far I found a good correlation between Bitcoin and Litecoin. I think ETH could also hold some possibilities. Does anyone have a reliable price historical data?

Yes I agree, for now this hedging is the best way in order to prevent losses. Some Altcoin do have character and a unique price movement, usually in a specific moment altcoin predictably priced correctly. With the fall in the price of the bitcoin, seems like a good time to buy a bitcoin, I highly doubt the prices will soon rise.

Yes, now is a good time to buy Bitcoin. A month or month and a half the price most likely will not grow. So, who wants to make a lasting contribution - they have the opportunity to do it now

Doms

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I have recently sold some of my bitcoins, when the price was still in the high $900s and used them to buy some local stocks and mutual funds here in my country. It has been a while since I have been active with stock trading and investing, but since I got some extra from bitcoin, might as well give it a try once again.

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