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Topic: What strategies do you use to make profits or to make your portfolio grow? - page 2. (Read 841 times)

member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
Trading doesn't work for me that much, I'm into bounties and I plan to sell tokens for Bitcoin and Ethereum, also mining is the fastest way to make good profits, it's quite too costly to set a mining farm because of cost of electricity but if you have enough you can go green power
sr. member
Activity: 476
Merit: 250
Are you using a long-term strategy to make a percentage profit?

or you'd rather jump from project to project..?

sharing your experience in the crypto industry will be highly appreciated here

I always like to go with the trend when investing in crypto and, right now that is with DeFi projects they are easily doing x2-x10 upon listing.

News based coins are doing pretty great too so you can look into them too.
full member
Activity: 1064
Merit: 101
I am more of a holder, one of the tragic characters that held their bags thorough the complete 18-19 bear season, but at the moment I am following the DeFi hype and am participating in the irrationality of it, but with a sole purpose of enriching my long term bags. DeFi may really be the next big thing in crypto and not just a temporary bubble, but I still prefer to play safe and stick to my old guns.
legendary
Activity: 2268
Merit: 1655
To the Moon
My strategy of making profit is to buy low and sell high. I appreciate those that are holding for long but I do not belong to that set, I make sure I jump in when the price is low and take my profit immediately the price is reasonable to me.

This is a common tactic, which in the mouth of John Rockefeller sounded somewhat different: "Buy when blood is running in the streets". The problem is that in practice it is almost impossible to do this, but using technical analysis, we can buy and sell at closer values to the minimum and maximum.
hero member
Activity: 3010
Merit: 629
it seems to me that trading cryptocurrency on a daily basis is very risky. The volatility is so high that you can regularly lose your money due to stop losses
Thats why its not for everyone.
Daily trading is profitable but risky and those who have experience doing it is really making profit. However it doesnt suits for everyone specially to those who cant manage their time. Its best to try other strategy if you're having hard a time to trade in a daily basis. Perhaps long term holding can work for you.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
Medium trading is the best for me to do better to monitor what is good with my transaction in every quarter because basically we couldn't hold the specific way towards the real running on the desirable trend, Technically, to make a useful drive we need to focus in one lane as preparation to gain more to grow.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
I just hold the coin for long and once the price reach the highest peak or at least around 50% then that's the time that I want to sell my coins to make profit and wait the dump event to buy it again.  Grin
I have been doing the same thing too but in this case I always trey to put some into my reserved funds to anticipate the bearish trend that will be happening with another coin. I could buy at the dip and then I will try to sell that again at the tpeak price.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
I'm not too reliant on trading to make a profit, so I don't opt for trading daily. I only try to buy when the prices are cheap for me and hold them for the long term, on my portfolio there are dozens of altcoins I have bought since the end of 2019 and now I still hold them
it seems to me that trading cryptocurrency on a daily basis is very risky. The volatility is so high that you can regularly lose your money due to stop losses
hero member
Activity: 1540
Merit: 500
Are you using a long-term strategy to make a percentage profit?

or you'd rather jump from project to project..?

sharing your experience in the crypto industry will be highly appreciated here

that depends on the project and if something is good I usually stick with it rather than jumping from one to another. Some people do jump from one coin to another but that only hurts them in the long term. I used to jump from one to another as a beginner but I learned pretty quickly the drawbacks of that strategy.
full member
Activity: 994
Merit: 105
I do not have a defined strategy that I follow, just like most of crypto enthusiasts I make decisions depending on the situation of each project and on the coins that I have.

member
Activity: 1358
Merit: 10
www.cd3d.app
I think im better with the long term strategy because no need to monitor the project everyday.
And i guess cryptocurrency project will need some time to develop and become success in my opinion.
But of course, we must doing research about the project before pick them into our portfolio.
I totally agree with your long-term investment strategy and must be researched before taking any currency portfolio. But I also think that in order to maintain the flow of income or increase the size of the portfolio, one should invest in various short-term projects.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
Are you using a long-term strategy to make a percentage profit?

or you'd rather jump from project to project..?

sharing your experience in the crypto industry will be highly appreciated here
I am a short term trader and always do a buy low sell high even with just a very small profit. Patience is always the key to earn either it was a long or short term investment.
copper member
Activity: 210
Merit: 1
I really don't have any clearly defined strategies to earn profits, trading and exchanging different cryptocurrency has been a great source of my earnings. I trade on intervals and take advantage of profit as they come. I also buy some tokens and sell when the value is higher and ethereum has been a good source of income for me, lately.
sr. member
Activity: 1092
Merit: 250
Are you using a long-term strategy to make a percentage profit?

or you'd rather jump from project to project..?

sharing your experience in the crypto industry will be highly appreciated here

personally, i use long term strategy to get a good profit in my friend
but with very deep research before i decided to invest in any cryptocurrency for long term
hero member
Activity: 1540
Merit: 508
I hold on to top bitcoins and altcoins to get them, because I still can't do it for day trading. For new project investments, I usually prefer to take part in bounty campaigns, AMA or other events they open.
A few years ago, I also held this point when the top altcoins and bitcoin were always safe investment places to provide more profit for me but they are really kids who never grow up, I mean was, their development has been slower than the trend of crypto every year, the returns we expect will take a long time to be activated. And I started to give up this thought, focus more on the trend of the market, people can look at IEOs, that can also be called a trend, profit is a lot when we join early, the trend is my strategy right now
sr. member
Activity: 1428
Merit: 358
I prefer to jump from one project to another, with a relatively small amount of funds it will be easier to generate profits this way, most altcoins move based on hype so why not go with the flow that a project has made.

You need to research before you jump to the other project because that will be too risky if you don't know which project can increase later. Besides that, you will be difficult to know when the coin price will increase because the market can change anytime. But if you are in the right project, you will make a lot of money, and your waiting time will get paid. Trading will be a good strategy to increase our portfolio because that can give us a chance to make a profit.
I do not participate in projects anymore because the profitability is now too low, before I keep patronizing projects and many became successful but now all of the projects are most likely the same because they are focusing to earn profit than to focus on the products and services that they are offering. I also prefer to trade rather than investing in the current project nowadays because I can handle the risk very well on it. I do not have any long term strategies because I'm a scalper trader where I use minutes and hourly time frame when I trade altcoins.
member
Activity: 1204
Merit: 38
Are you using a long-term strategy to make a percentage profit?

or you'd rather jump from project to project..?

sharing your experience in the crypto industry will be highly appreciated here
Long term strategies are the better if you want to grow your portfolio value, because when we jump from project to project either we make a profit or the capital will be lost in that case we are going to lose big part of our capital so it is always better to choose slow and steady process to become profitable.

Or else you can split your capital as well and try to invest on a project with less capital and try to grow from it and never touch the capital of long term assets.
jr. member
Activity: 154
Merit: 1
In this space, the key is to be flexible. I grow my portfolio from airdrops, bounties, and trading cryptocurrency. I spend most of my time carrying out bounties for different projects, I hope would be profitable in the future and I trade on middle to short term because I don't have the skills and expertise needed for daily trades, so I set my buy and sell orders and walk away hoping for them to be executed.
full member
Activity: 472
Merit: 101
I prefer short/mid term investments (trading/gambling...etc); and when it comes to trading (which is my favorite activity) I tend to use these strategies:
1) Diversify my portfolio using strong cryptocurrencies (BTC, Eth, LTC...)
2) I do not use more than 30% in orders
3) setting up entry points, targets, and stop loss points
And of course keep learning because the more you learn the more you earn (and the less you lose, I guess)
sr. member
Activity: 1876
Merit: 259
I prefer to jump from one project to another, with a relatively small amount of funds it will be easier to generate profits this way, most altcoins move based on hype so why not go with the flow that a project has made.
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