My trading plan is simple- 60% investment in most promising ICOs after (Github code review, team check on Linkedin, credentials double check and most importantly dissecting and analyzing White paper). The remaining 40% i will use for day trading, short term trades and swing trades.
I believe in increasing coins (in terms of BTC) hence once ICO performs, i sell 90% in step selling while keeping 10%, whereas for daytrading i go in 2-3 coins for 2-3 days and try booking profits/loss at earliest.
Topic: What is your trading plan? - page 56. (Read 31367 times)
Concern about opportunity cost is greater than key income. For example, now you sell Bitcoin, at a price of $ 3,000, but a month later Bitcoin's price increases to $ 4,500, your opportunity cost is $ 1,500 yuan, you will earn less. This is called opportunity cost....
The goal of investing is to get you a better life, and make money, right? If your investment position is at risk and volatility will bring you tremendous pressure. Then, you probably will not be able to achieve your investment goal. I believe that I have accumulated a lot of experience in joining the Bitcoin investment network. From thousands of dollars, to now more than 20,000 dollars, I spent a lot of happy moments as well as sad. But also this experience, will leave us a lot of valuable thoughts and lessons from it, right?
I have developed such a strategy of my further actions. All the altcoins I bought I keep for years. Getting tokens from participation in the bounty, I look at how the project behaves after entering the exchange, and either sell them in part, or leave as for a long period.
Hands down it is most important to trade or buy into what you personally see as becoming big in the future, Maybe it is some promising feature of the coin, maybe its something about the structure, maybe its simply the name or company associated to it. Forget the charts, forget the live updates: A good idea executed well will equal great reward almost every single time.
And don't forget to hold. I'm not saying you need to forever, I get that its unrealistic. But hold until you think you would never be able to live with losing the money, and you don't care how much more you could have made.
If you're talking about being a very active trader, may god have mercy on your soul because the market wont. Its everywhere and technically impossible to predict. The only advice I can give you is that you move very cautiously, clinging onto every rise and jumping to the next.
And don't forget to hold. I'm not saying you need to forever, I get that its unrealistic. But hold until you think you would never be able to live with losing the money, and you don't care how much more you could have made.
If you're talking about being a very active trader, may god have mercy on your soul because the market wont. Its everywhere and technically impossible to predict. The only advice I can give you is that you move very cautiously, clinging onto every rise and jumping to the next.
I prefer long term investment which means doing my research before buying a coin. If you don't have a good understanding of the potential of your coins, your trading plans are pretty much just arbitrary and emotional responses to the daily flux.
It all depends on the funds one has, I'm just a micro fish so gathering as much as possible from bounties, 0 trading, buying some ETH and BTC from the profit and hodl.
Short trade short/little profit. Long term big profit.
It's not always like this. For example, I wouldn't earn anything if I just held during this long bearish trend. So I started to learn how to day-trade and it helped me to multiply my portfolio, so now I will get even more profit when the market will go up.
I learned more about technical analysis during this hard times, so now I feel much more confident when I look at charts.
I wish I could realize it earlier, but I was sure that holding is the best strategy, and it made me lose 50% of my savings.
Recently I revised the strategy and now I think that the long-term market is very unstable
I am holding my major coins, not buying anything. This pump is strange and we need to pump and close above 9000$ to be bullish again. So my strategy is to hold positions that I am bullish on, the rest I dumped.
my best trading platform on crypto currency trading for a short period of time is idex.market exchange and is very easy and understanding tools for placing an order, and is more profitable and reliable so far.
I only trade long-term , i like to find projects that i think are undervalued and invest in them. I set a price in my mind for what i would like to sell and sell at that point taking my profits. And repeat this on a new project, sometimes i works out and sometimes i doesn't.
I've changed tactics, now I'll just follow the market, if it grows up, I'll buy it, if it starts to fall, I'll sell all the positions, and I'll play down! And I think that you are earn money in this market.
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
Short trade short/little profit. Long term big profit.But if you choose bad coin, that so sad it can not take more profit. So best coin best income. All time be carefull from scam coin.
Trade is best way for earn money, so be expert before trading.
The long-term trading is more profitable. For example there is lccx.io - looks like promising exchange based in London. Well developed white paper, experienced team, located in politically stable jurisdiction..
I can not tell you exactly about the analysis of the trader's model, it seems to me that today very few people who really know how to properly analyze projects, it seems to me that the rate will go up and you need to open a position to raise the price. But this is only my opinion and make a decision only for you. Do not listen to my opinion.
The alts that I hold until there is a sharp increase to large volumes and xs. After the sell, I wait for the fall and buy back the same number of altcoins or more.
So I earn at the pump and hodl in the long run.
So I earn at the pump and hodl in the long run.
My trading plan is to buy few altcoins and/or shitcoins or perhaps get involve again with icos and then forget my holdings for at least a year or two then check the update with my assets after holding for quite sometime and hopefully I would get surprise with its value. Just like this one person I've known from fb, he joined this one ico and invested his $100 and he just ignored his holding since its value after ico made him disappointed coz it did not gave him good gain. Then after few months I think he checked on his coin and he was shocked by the value of his holding. His $100 invesment became more than $3k. His story inspired me so much and made me believed that crypto trading and crypto assets could change our life.. Hopefully soon.
I think that long-term trading is more profitable. However, it works well if you invest into the cryptocurrency that has great future. Short-term trading works, when the market shows extra high volatility.so my trading plan is simple really..buy low sell high.
trading is relatively we can see the circumstances that occur, if we hold a good coin and the market price is rising we can do short-term trading but if the coins are not good price but the future prospects are good then we hold our coins and do long-term trading, I sure we will get more profit by always updating our information
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