My plan is quite simple. I will hold all my coins until the crypto is recognized as the international currency and the crypto market actually recovers. because I've lost half my assets, Then the biggest jump will happen, and I am not losing as it is now.
Topic: What is your trading plan? - page 36. (Read 31367 times)
Since we are in bear market period now there are only 2 ways to earn money as i see it,first way is to short coins with marging trading on exchanges like bitffinex where you can earn $ as that coin keeps going down.Other way is to invest in small cap shitcoins with potential to growth because those coins dont really care about btc price and can be pumped over night with relative small amount of money
I think it is wise to use different strategies to trade different coins. Some of them are suitable for long term holding and some of them are suitable for short term holding. So it depends.
My trading plan may depend on the coin what i am holding if i am holding long term i will hold it until it double or triple the profits on short term if it raise by 50% i will sell it immediately and if these two dump i will buy but i will do research again to make sure
My trading plan is simple, I don't trade at all. Because I am just afraid that I would lose everything because of lack of knowledge and experience
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
Now it's very difficult to trade in the market because its situation is very complicated with a lot of negative news on the market, and therefore it is best to keep the coins for a long period and only when the market starts to grow then trade. What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
Usually I like mostly the short term trading, because the strategies that I use for make profit are way more comfortable when you do short term. Long-term is not so trustworthy...
The strategy which has worked best for me is trading trend lines. With trend lines, i am always in profit most times. I also buy the news and sell the rumor that works best. You can also take some lessons on baby pips about how to trade and through the lessons, you can develop some strategies that works for you and keep to it diligently. Don't trade based on other peoples strategy or calls, look very well and find a good entry and if you can't spot one, forget the trade.
My plan is to buy a big diversity of promising altcoins when they are cheap, after that maybe I'll have to wait a few year until the price rises, and then I'll sell them, and with the profit I'll buy some more altcoins to keep investing.
Interesting strategy. But mine may not be better, but it's more effective. To begin with, I choose a good token that keeps afloat. I'm starting to buy it on a conditional bottom. Then if it keeps falling, I buy it again until it starts to grow. Then sell when it exceeds the amount of the first purchase.the only question is when will it start to grow? So no one can answer that.
My strategy is simple, now I will follow the market, if it grows up, I will buy it, if it starts to fall, I will sell all the positions!
I'm just holding unless I see a really great project pop up. Any other trading strategy has lost me money.
My plan is to buy a big diversity of promising altcoins when they are cheap, after that maybe I'll have to wait a few year until the price rises, and then I'll sell them, and with the profit I'll buy some more altcoins to keep investing.
Interesting strategy. But mine may not be better, but it's more effective. To begin with, I choose a good token that keeps afloat. I'm starting to buy it on a conditional bottom. Then if it keeps falling, I buy it again until it starts to grow. Then sell when it exceeds the amount of the first purchase.
I did not spend too much time watching the charts. I find a good entry and trade. I always avoid panic and control my emotions specially in pumps and dumps because it may fetch you quick cash,the risk involved is also very high. Be consistent. Mistakes is our lessons, don't get discouraged, learn on it and keep going.
If you want to benefit more by using a simple capital I think the better trade with the long term. And if short-term trading by taking advantage of each day will certainly be difficult. Without based on extensive knowledge and experience that will harm you.
I'm doing day trading right now so having knowledge on what coins to buy is my main focus because it's hard to choose if you have no knowledge on crypto coins. I also hold some major coins for future purposes that's why I really need to make profit on my day tradings so that I continue to buy and hold more coins. And that's all my plan right now, hold some major coins like bitcoin and ethereum and do day trading at the same time for instant profits.
my trading plan has absolute concern on profit making as an area and all areas of concentration as i trade when i know i am in the mood because the entire body system of someone has to be in oneness before one can be productive
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
I prefer to buy and sell with very low profit margins in the short term. Depending on the daily volumes, I would choose to buy and sell options so that my choice does not explode. Long term, I prefer to buy only, but before doing these purchases I do very detailed research. I do not advise you to invest neither a short term nor a long term without conducting research.
In the current market situation, my trading plan is to buy some newly listed cheap altcoins and hold them for long term. I hope some of these coins would pump hard and get me some big profit.
You believe that the price will be higher than now, so your plan to retain what you get for now, and it's not an obsession about the money you believe will change the world, and it's already starting to change the old bank system that is broken You prefer long-term investment long, so you'll be holding the Altcoin that you believe the most in sufficient time, to earn more profit.
I prefer to gather news from my teammates mate when talking about trading, once they said we gonna buy this coin, we are doing that instantly with a risk. Just take some patience of what prices are have it now because its normal to be in deep just hold.
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