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Topic: what is your stratety in trading - page 2. (Read 1968 times)

sr. member
Activity: 854
Merit: 252
August 13, 2017, 04:39:22 AM
#48
what is your stratety in trading
I don't trade bitcoin instead I trade crypto so that once has been sold its automatically converted into my bitcoin balance whatever exchange I trade it. And the strategy which I commonly adapted it, is buy at low price then sell at high price value.
hero member
Activity: 882
Merit: 500
August 13, 2017, 04:00:39 AM
#47
what is your stratety in trading
This is the truth that everyone has own stretagy for the trading .Here my stretagy is totally different from the other traders .
Here i have ACCOUNT at multiple trading sites like yobit , cryptopia , live coin , nova exchange , bitrex , poloniex etc .
I always keeping attention of my eye at every coin whether the price is different from exchange to exchange or not and then place order
To sell at one exchange and at he same time place order to buy at another at low price , in this way i am able to make trade without wait and better earnings in small time .
Usually i never go for long term investment because i needed to wait to get profit from my invested coins and I can't use sudden because that can be results into much loss .
sr. member
Activity: 658
Merit: 270
August 13, 2017, 02:56:27 AM
#46
buy low sell high is my strategy in trading. Well i know that it's the popular strategy ever in trading that possible make us millionaire lol. hehehe but it's true. Also one of my strategy is doing averaging down (diving my money into half to buy more if the coins i buyed have been dumped)
legendary
Activity: 1092
Merit: 1001
August 13, 2017, 02:43:13 AM
#45
I don't have a stable strategy in trading because i don't stick with single strategy or a few strategy because i like to explore and try other strategies that other are trying. I am kind of person that love exploring and experimenting so i don't have permanent strategy. The strategy that i have as of now is to just do average buying and sell it on resistance.
At the end of the day, is going to definitely pay you off.  Crypto market is full of fluctuations and we need to keep on changing our strategies in order to meet the demands of Crypto market. To come up with new plans off and on is good to understand trading in a better way. But I will not suggest taking risk with big capital.

Strategy depends on if you are a daytrader or just a normal trader that holds altcoins for a short period.
If you are more flexible and change your strategy everytime you make a new operation then you will problably get lost on the road. the only thing that you have to do in "trading" is just buying when you see a good price, analize if the market can go up again, and then wait, if you are a daytrader then buy and setup a sell order at 2% profit, 3%, etc. if you will hold then sell when you want to.
its so simple as that.
hero member
Activity: 1246
Merit: 529
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August 13, 2017, 02:38:19 AM
#44
people always do the opposite of "buy low, sell high" because too easy to be impatient and panic. based on the experience I have, just reduce the frequency of trading and hold good coins

That's right. Well if you're an experienced day trader, it's ok if you do regular day trades since you pretty much are aware of what to do in tight situations. You're not going to panic or anything. If you're starting out, better observe first and yeah holding good coins would be a good strategy.
hero member
Activity: 630
Merit: 500
August 11, 2017, 05:49:52 PM
#43
what is your stratety in trading

The main thing to remember is always buy low and sell high. Some people panic and start selling when the price drops to cut their losses. That's fine if you don't trust bitcoin to recover, but if you believe that it will rebound, then you should buy when the price drops rather than sell.

The other thing to remember is when you sell, make sure your sell price is high enough to make a profit, otherwise you should just hold.
to me my y is very simple i most invest my money in bitcoin in a limit and never like to increase investment from  that limit.
sr. member
Activity: 448
Merit: 250
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August 11, 2017, 05:06:21 PM
#42
people always do the opposite of "buy low, sell high" because too easy to be impatient and panic. based on the experience I have, just reduce the frequency of trading and hold good coins
sr. member
Activity: 378
Merit: 250
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August 11, 2017, 02:55:27 PM
#41
what is your stratety in trading

The main thing to remember is always buy low and sell high. Some people panic and start selling when the price drops to cut their losses. That's fine if you don't trust bitcoin to recover, but if you believe that it will rebound, then you should buy when the price drops rather than sell.

The other thing to remember is when you sell, make sure your sell price is high enough to make a profit, otherwise you should just hold.
hero member
Activity: 2562
Merit: 586
August 11, 2017, 02:15:07 PM
#40
I don't have a stable strategy in trading because i don't stick with single strategy or a few strategy because i like to explore and try other strategies that other are trying. I am kind of person that love exploring and experimenting so i don't have permanent strategy. The strategy that i have as of now is to just do average buying and sell it on resistance.
At the end of the day, is going to definitely pay you off.  Crypto market is full of fluctuations and we need to keep on changing our strategies in order to meet the demands of Crypto market. To come up with new plans off and on is good to understand trading in a better way. But I will not suggest taking risk with big capital.
Ctn
sr. member
Activity: 644
Merit: 259
August 09, 2017, 11:41:56 PM
#39
I follow the flow and don't really apply any strategy while trading. I would simply buy when I think its right time to do and I will simply sell if I'm getting even small amount of profit. I don't get greedy and may be that's a good strategy to follow when trading your coins and stay profited. I have seen many threads yelling about "I lost my trade because I got greedy" , "I'm loosing money lost 40% what should I do" and much more like this. Such emotional trading is not of use and always fails us in the trade. So for me real strategy is to follow simple steps and grab little profits.
hero member
Activity: 1694
Merit: 502
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August 09, 2017, 12:47:56 PM
#38
There's no way someone is revealing a profitable trading strategy here. Tongue

He's not asking for the magic formula of the trade, but by different opinions on trade strategies. I learned a lot watching how other people do.

Magic formula is difrent for each person, before someone find what is good for him its OK to ask this kind of questions. My experience with day trading wasn't successful in profitable way, but I learned how some things work, my loss was the price I paid for that school. Now I'm buying and keeping coins for some longer period. This way is much easier for me, I'm making some profit and its better then before. I keep coins minimum 2 or 3 months, and I'm buying more in that period if price is good for me. Just never quit, even when its going hard keep going and always try to find the best way for you.
sr. member
Activity: 1955
Merit: 381
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August 09, 2017, 12:34:17 PM
#37
There's no way someone is revealing a profitable trading strategy here. Tongue

He's not asking for the magic formula of the trade, but by different opinions on trade strategies. I learned a lot watching how other people do.
hero member
Activity: 2730
Merit: 632
August 09, 2017, 10:40:47 AM
#36
what is your stratety in trading
Im a short trader either on bitcoin or on altcoin but it is somehow hard because of the volatility but i cant really explain my trading ways since its really hard to explain though. We do have different trading styles but the thing i do really want to say that technical analysis doesnt work on cryptoworld unlike on trading in forex it do need technical analysis to increase winning trade chances but here on bitcoin world its an another story.
sr. member
Activity: 714
Merit: 261
August 09, 2017, 08:50:50 AM
#35
Trading is my life now a days and I have been doing it with lots of pairs of BTC/xx. The best pair for me is monero, ripple, crb, ETH. These are top most traded by me. My strategy is to focus on these pairs because they are kind of lucky for me and I know these pairs very deeply. So I understand when to buy them and sell them by exchanging with btc. I don't invest in any other pairs without understanding the nature of their trend and the trend must be available for at least one month period. With this much data analysis it gets easier to know whether coins will rise up or sink down. Learning the open and close at perfect time just by relying on news and trends.
sr. member
Activity: 308
Merit: 267
August 09, 2017, 08:16:33 AM
#34
I have 2 strategy on trading bitcoin, i don't know if this is effective i still don't know because i just started doing this. So the first is

BUY LOW AND SELL HIGH - I think this is the most basic and known strategy on trading where you're going to buy a low price coin and you're going to wait until its price or value pumps or rise and when that happens you're goig to sell it in order to make profit.

And the other is

HOLD - where you're going to buy coin example is bitcoin and you're just going to leave it for a long time and when you came back it's price will sure be rise.

I think you can use google to search for other strategies and i think you should invest in trading and figure ot put your own strategy.
hero member
Activity: 826
Merit: 501
August 09, 2017, 07:51:21 AM
#33
what is your stratety in trading
If we do a research, there are many strategy in trading to be a successful traders such as watching a candlesticks. But I have my own simple common strategy. If you know that this project is legit and its price is going down then paused so the next move is going up so you need to be prepared.
I see. In my case I don't do any such strategy in trading because I only trade whenever I'm on a tight budget. If I have hold my btc for quite some time without exchanging it into a real cash, there's a tendency for me to trade it especially if it's urgent and emergency cases like for medication or any matter that relies to it. I will do research next time if there's a perfect time for me to focus more on trading.
full member
Activity: 434
Merit: 100
Hexhash.xyz
August 09, 2017, 07:33:40 AM
#32
what is your stratety in trading
If we do a research, there are many strategy in trading to be a successful traders such as watching a candlesticks. But I have my own simple common strategy. If you know that this project is legit and its price is going down then paused so the next move is going up so you need to be prepared.
newbie
Activity: 40
Merit: 0
August 09, 2017, 06:43:37 AM
#31
just buy and wait until i make profit... (sometimes it takes months)
hero member
Activity: 1302
Merit: 540
August 09, 2017, 06:37:49 AM
#30
i  still using the concept of buy low sell high but before doing it i make it sure  to review previous movement of the coin, maybe it went already to
its new ath and its moving some downfall because of corrections so i do the combinations.
sr. member
Activity: 477
Merit: 501
August 09, 2017, 06:33:53 AM
#29
i usually change my mind by the flow of the altcoin and i usually prefer holding for a long term and sell after reaching to a specific amount. i also prefer to invest in different altcoin by seeing the downfall of their price and usually i exchange different altcoin to reach a good amount of profit but mostly i prefer holding for a long term specially for bitcoin.
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