Topic: What is your trading plan? - page 13. (Read 31358 times)
I do not think that there is something very difficult, because in general everything is clear, there are bears and there are bulls, these guys are constantly fighting for the right to be the only ones on the market and this we can earn from you, sometimes running from team to team, so I think that this is generally normal.
If you want to trade short term, you should choose altcoins, shouldn't choose bitcoin. You need to find out every day about the altcoins you intend to trade. But I'm still short-term investor NEO and EOS.
My trading device is surely a moldiness compass mode. Second, the former trading link so as not to incongruous trading. If for Beginners we moldiness emphatically examine the experienced in the existence of trading.
There are various options employed by traders to maximise profit. Trading is quite dicey and one needs to be flexible. In periods of bearish trend, its best to trade with an understanding that the value of cryptocurrency could drop significantly. One has to be careful also in the quantity of coin to hold, to avoid holding for too long due to the volatility of the market.
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
My tactics are simple enough - I prefer to work mostly with long-term investments. After all, I do not have enough free time to engage in constant analysis of the market. Therefore, I rely on the long-term purchase of reliable coins with good development potential in the future.
There is no one tactic for all cases of life. You need to have different tactics, depending on the state and trends of the market. You can also periodically change and refine your tactics, depending on the circumstances in the crypto market, your tasks and preferences.
Actually now i hold some best coins for long term like 1year because now their price huge falling when that coins would be grow this time get smart profit.And also day trading continues.
I will probably purchase more bitcoin when at plunge cost and hold it in the long haul it is useful for the bitcoin in the long route for beyond any doubt it has a major come back from your capital, im dependably keep putting resources into bitcoin even the cost of bitcoin is drop yet I know the market can recuperate later on in light of the fact that bitcoin is extremely well known to the financial specialists and the network.
I think everything will be so. I regret not selling my savings at the January pump, and now I haven't got enough money to purchase a significant number of BTC. But I buy some when I have money. Now it's the best time for people who have a strong nerve and belief in the growth of the market!
It could be a yearly stuff or after some months and my day and swing trade I pay very much attention to it as I scrap some profits from it...Do not dump your coins when you are already trapped,a bag holder is better because you will still have chance to recover your losses compare of selling it in panic you will only lose a lot of money at the end...
My trading plan is setting small profit targets and execute on them when achieve it. Using scalping strategy. It is small, quick profit but they are adding up.
First thing my trading plan is must have skill assessment, Trading in the markets is a battle of give and take. and then Mental Preparation, Set Risk Level, Set Goals, Trade Preparation. Having a plan is crucial if you want to be consistently successful and survive in the trading.
I'm not an expert or a professional in trading, but I'm not a beginner either. I found out for myself that the long-term investment strategy works best. I used to think that if I can trade on a demo account, I can also on a real one, but it's not! Trading needs a long time to learn.
I invested in some cryptocurrencies in this year's encryption market, but this year's encryption market has cost me a lot. But the current cryptocurrency price makes me feel low, I think this time is very suitable for investment, I will continue to invest.
Well I have not long in the cryptocurrency world but I have come to discover that holding a coin and watching it grow is a very good strategy in the cryptocurrency world so that is what I apply
Personally, I am focused on long-term investments. I'm a student and can't find time for active trading so I'm just investing for the long term.
I will probably purchase more bitcoin when at plunge cost and hold it in the long haul it is useful for the bitcoin in the long route for beyond any doubt it has a major come back from your capital, im dependably keep putting resources into bitcoin even the cost of bitcoin is drop yet I know the market can recuperate later on in light of the fact that bitcoin is extremely well known to the financial specialists and the network.
When the market is declining, I always collect some shanzhai COINS that I think have great potential in the future, such as now. I'm a big fan of long hold. Because holding potential COINS over the long term is always profitable.
The inspiration driving why some new elective coins should be trusted is a result of its history and establishment, creator gathering, directs, its abilities and distinctive issues. Everything considered, to be totally blunt, some altcoin is excessively troublesome, making it impossible to trust. I don't need to confide in another altcoin in light of the fact that I have bitcoin in my wallet and I should essentially to settle on right decisions on bitcoin and I will benefit than some other individual.
depending on the market situation, if the current market situation is uncertain, holding in the long term is the right thing to do, because it is possible that the current situation will last in the long term
if you are a new, it is a very dangerous business and I do not like short-term business.
You have to be some background in this field, do the some research. If you have some news, it will be better.
I like long-term investments. If I get some significant benefits, then I sell it. but some times it also failed , for example ETH right now 4X or more in down compared to Jan/DEC usd value. it may gain go up but how long it will take! that is the bad situation with long holding.
You have to be some background in this field, do the some research. If you have some news, it will be better.
I like long-term investments. If I get some significant benefits, then I sell it. but some times it also failed , for example ETH right now 4X or more in down compared to Jan/DEC usd value. it may gain go up but how long it will take! that is the bad situation with long holding.
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