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Topic: What strategy you use to trade bitcoin? (Read 5587 times)

hero member
Activity: 714
Merit: 500
July 26, 2016, 07:37:16 AM
Most of the time we the traders always doing sell high then buy at low price.
or we do buy wall or sell wall.  Aside from that I don't know if there are more technique in trading.

Yup, all the techniques on a trader is as you say. It is a technique that was certainly used and there will be no engineering in addition in the trader, because trading is concerned about trading (cost-benefit). It's been the law for trading
hero member
Activity: 1022
Merit: 500
Most of the time we the traders always doing sell high then buy at low price.
or we do buy wall or sell wall.  Aside from that I don't know if there are more technique in trading.
hero member
Activity: 2548
Merit: 605
i need to understand more on trading with bitcoin , i use to trading with earlier stock exchanges, on bitcoin somewhere on the said trading with bitcoin not profitable, but few people says profitable , i believe for any trading buy at lower price and selling at higher price is the good strategy to avoid any losses Smiley
Not recommended to try trading with a low amount, because you will only lose for a fee, better to collect all of your bitcoin until reach the biggest amount. and then you can start with that's amount for the trading more big amount you will get a more profitable from there. and always pray before you want to start it.
Why not ? A beginner must always start with a low amount to learn the basics.If saving on the transaction fees is part of your trade,you're greedy.I have some bad news for ya,stay out of the culture.Greater risks are involved when you literally put everything you have.No,prayers don't work.
Yes, beginners who are not being familiar with bitcoins, should not take high risk with high investment. Its better to start with low amount and later when you know better about it you can invest more amount. However I do not think people will be in loss with investment of buying bitcoin.
sr. member
Activity: 476
Merit: 250
The "buy low, sell high" strategy is the only strategy. Everyone knows it already.
So I will share to you my principle instead:

I don't aim for a high profit. Even if the rise of price is just low, I take the opportunity to sell already.
Unless, you are sure that the price will continue to rise. That's it.
member
Activity: 66
Merit: 10
What strategy you use to trade bitcoin?

Hi, I've been using bitcoins for almost a year now and it is hard to earn a lot of money by using bitcoins. You need to invest if you want to earn big and I've thought of using my hard earned money to invest in bitcoin trading. Since I dont have enough knowledge in trading, I've made a research regarding the strategies that can be used and here's what I have found out,
Bitcoin Trading How-to Guide and Strategies

Bitcoin’s history of bubbles and volatility has perhaps done more to bring in new users and investors than any other aspect of the crpytocurrency. Each bitcoin bubble creates hype that puts Bitcoin’s name in the news. The media attention causes more to become interested, and the price rises until the hype fades.

bitcoin trading

Each time Bitcoin’s price rises, new investors and speculators want their share of profits. Because Bitcoin is global and easy to send anywhere, trading bitcoin is simple.

Compared to other financial instruments, Bitcoin trading has very little barrier to entry. If you already own bitcoins, you can start trading almost instantly. In many cases, verification isn’t even required in order to trade.

If you are interested in trading Bitcoin then there are many online trading companies offering this product usually as a contract for difference or CFD.

Avatrade offers 20 to 1 leverage and good trading conditions on its Bitcoin CFD trading program.
Why Trade Bitcoin?

Before we show you how to trade Bitcoin, it’s important to understand why Bitcoin trading is both exciting and unique.

Bitcoin Is Global- Bitcoin isn’t fiat currency, meaning its price isn’t directly related to the economy or policies of any single country. Throughout its history, Bitcoin’s price has reacted to a wide range of events, from China’s devaluation of the Yuan to Greek capital controls.

Bitcoin Trades 24/7-Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range.

Bitcoin is Volatile-Bitcoin is known for its rapid and frequent price movements. Looking at this daily chart from the CoinDesk BPI, it’s easy to spot multiple days with swings of 5% or more

Thanks to the author of this. It helps me a lot. I hope it can also help you.
legendary
Activity: 1316
Merit: 1145
I don't like trading bitcoin, you should have big amounts in order to see a significant profit. I prefer investing in altcoins, although it is riskier it is also possible to have bigger profit with a few btc invested.

you should have mental, investing in altcoin is like trading in altcoin, for me invest at altcoin is same like trading for long term.
sometimes im use it too. buying altcoin at few satoshi then sell it at profit 100%
newbie
Activity: 1
Merit: 0
I don't like trading bitcoin, you should have big amounts in order to see a significant profit. I prefer investing in altcoins, although it is riskier it is also possible to have bigger profit with a few btc invested.
legendary
Activity: 1316
Merit: 1145
each people have each way to trade, some people choose altcoin trade, bitcoin fiat trade, margin trade, binnary trade (gambling).
my strategy is buy low sell high, but if you can sell at high, you can sell at low (cutlose) then buy back at lowest price
full member
Activity: 126
Merit: 100
iam use indicator MT4, indicator is low price iam buy
if indicator high price iam sell
member
Activity: 81
Merit: 10
the only strategy that always works:

buy low and then wait to sell high
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
i need to understand more on trading with bitcoin , i use to trading with earlier stock exchanges, on bitcoin somewhere on the said trading with bitcoin not profitable, but few people says profitable , i believe for any trading buy at lower price and selling at higher price is the good strategy to avoid any losses Smiley
Not recommended to try trading with a low amount, because you will only lose for a fee, better to collect all of your bitcoin until reach the biggest amount. and then you can start with that's amount for the trading more big amount you will get a more profitable from there. and always pray before you want to start it.
Why not ? A beginner must always start with a low amount to learn the basics.If saving on the transaction fees is part of your trade,you're greedy.I have some bad news for ya,stay out of the culture.Greater risks are involved when you literally put everything you have.No,prayers don't work.
hero member
Activity: 1050
Merit: 681
i dont use any special strategy to trade bitcoins. i just buy when the price hits the range i look for and sell again when i think i should sell now. i just keep a fixed price range in my mind and i dont get more greedy when it hits that range. i just trade at that point.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
i need to understand more on trading with bitcoin , i use to trading with earlier stock exchanges, on bitcoin somewhere on the said trading with bitcoin not profitable, but few people says profitable , i believe for any trading buy at lower price and selling at higher price is the good strategy to avoid any losses Smiley
Not recommended to try trading with a low amount, because you will only lose for a fee, better to collect all of your bitcoin until reach the biggest amount. and then you can start with that's amount for the trading more big amount you will get a more profitable from there. and always pray before you want to start it.
full member
Activity: 210
Merit: 100
i need to understand more on trading with bitcoin , i use to trading with earlier stock exchanges, on bitcoin somewhere on the said trading with bitcoin not profitable, but few people says profitable , i believe for any trading buy at lower price and selling at higher price is the good strategy to avoid any losses Smiley
sr. member
Activity: 406
Merit: 250
The basic is to buy coin in low price and sell it to higher price
And for me i use to trade in other coin and that is very profitable.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
50% Hold and 50% Sell, that's the strategy I use for trading. But if I think that the price would more likely to rise, then I'll change to 75% Hold & 25% Sell.
hero member
Activity: 924
Merit: 500
Most of the traders  here in Crypto world the very basic technique that they do on trading is buy low and sell high, 
which is the same thing that i did for trading in difference exchange. Cheesy
hero member
Activity: 714
Merit: 500
Well I buy the altcoins where I see high volatility for fast trade. When I do long trade, I research that particular coin and buy if I was satisfied with it's roadmap. I hold it and set a goal price to sell to.

When the market is volatile i follow the markets more. Instead of a daily checking, i check it every few hours. Especially for altcoins this can be very profitable since you can see a mnior/medior dump. Buying at that moment and waiting for a fast minor increase with 10/15 bitcoins. Can earn easily earn you upto a a few 100 dollars a day.

But,  make sure you find a good moment to sell out.. the say day.
sr. member
Activity: 252
Merit: 250
I convert bitcoin into altcoins and currently I'm trading pulse and waves.
BTC price is too high and hence I'm able to buy a lot of altcoins and selling them is even more profitable than bitcoin trading. I use C-CEX which has been the best trading website.
buy my strategy about bitcoin is very simple. i do buying when i realized that now it is the time do buy it. and when the price come down to a reasonable price to buy it, then i do wait for the price increase and when the price reach a little high then i send it. then wait again for the next down fall and when i realized again that now the time is to buy it i do buy bitcoin again, presently i am waiting for halving therefore i have hold my bitcoin.
hero member
Activity: 910
Merit: 502
I convert bitcoin into altcoins and currently I'm trading pulse and waves.
BTC price is too high and hence I'm able to buy a lot of altcoins and selling them is even more profitable than bitcoin trading. I use C-CEX which has been the best trading website.
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