What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
There are no perfect strategies,because different people have different styles,there are daily,swing,and weekly tradier, there are trend trader too,scalper which what i am doing everyday.I am trading in 1-5minute charts so i would get 10-15% daily gains of my portfolio daily,it is really depends on what type of person are you, are you good in waiting?that question will define which type of trader you would succeed.
Topic: What is your trading plan? - page 50. (Read 31358 times)
Not trading at all, just participating in ICO. I will be waiting this whole year to pass before starting trading. BTC still is not stable and will increase its value after july as prediction by experts.
My plan is very simple. I will not sell my digital currency at the moment, but I will study potential currencies whose value is low and analyze the market carefully to continue buying and holding them. I believe that in a short time the market will stabilize and their value will increase. At that time, my capital will increase 10 times or 15 times. I believe in my plan.
Look for a candles which they are going to rise up, then buy at the low. Wait for the market until reach the high price then sell them. This skill needs a very good technical analysis.
I always set myself what I feel is a realistic and achievable target when I first decide to invest in a coin. After that, it is down to discipline to follow the strategy at the right time without becoming too greedy. I have often sold a portion of the bag to recover costs and leave the remainder free and clear to see what develops.
My trading plan that I've created when I am gaining more experience is 60% of my funds on longterm coin that has a big potential and for short term like scalping or day trading is 40% of my funds. This is my strategy to diversify your funds not only in one altcoin.
I'm not an expert traders so I hold my token for long term, I invest and trade for the most and active market trade token especially to thus new token in the market because you can profit on it in a short period of time.
I plan to keep coins until the cost of bitcoin rises to 12500. I believe that such a price may well be in late summer 2018. I doubt that this year we will see bitcoin at 15k and above.
My strategy is to make long-term investments . I invest in a portfolio of 20 coins and just wait
plans are very important for cryptographic currencies. The first aim of investors is to be able to identify coins with potentials and buy them at a low price
I will buy some kind of token after the market falls to a certain extent and then hold it for a month or two! I think this kind of profit is higher! But I will not buy too much!
I do not have time for daily trading, at least for now. And I personally rely on long-term investment. Because I deal with crypto currency as a source of additional finance
I am more attracted to long-term investments
Consistency is key here. What I do is I look for coins that are dipping badly or coins that are already oversold. I buy these coins and then hold for between 24h - 48h. By then I should have gotten about 5% - 10% profit. Doing this daily, I can rake in 100% profit every month (its all dependent on the market conditions anyway)
I have divided the Deposit into three parts - USD, BTC and altcoins. Always keep in USD at least 20-40% of the total amount to buy more if the market goes down. And of course, HODL.
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
I am using an app that alerts the new Altcoin listed on the floor and starts exchanging. I know that there are a lot of Altcoin on the market that will promote in a short time, this will be a way to make short-term profits by seizing the opportunity. What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
Personally, I think it depends on the coins you buy. If you want to try a trade you can buy three coins that I hold now.
I bought it cheaply. I plan to hold a coin with long term. if the market is stable I want to sell it. Hopefully, I get a lot of luck and profits.
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
Until now I still do long-term trading, that is by storing at the beginning of the year and sell it until the end of the year. This method is very proven, I always get the excess every year.
Dealing in cryptocurrency is not one of the easiest things to do thanks to the governmental resistance it has attracted. There is however high hopes that that it will come to an end someday and people will embrace crypto. I believe that crypto will one day be a mojor currency therefore plan to hold it as long as possible till it's recognized, this is mainly for the main coins such as BTC and ETH, for the other alts, I hold till they gain enough value
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
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