What strategy you use to trade bitcoin? - page 2.

boyptc

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Quote from: 2double0 on June 26, 2016, 03:57:34 PM

I buy low and sell high. Sometimes, hedge my funds by buying more when the markets go against my trades.

This is what also I'm doing on trading bitcoin. Buying low and selling it on high price. And if you bought a lot of bitcoins and with just a simple fluctuate of price.
You earn great with by dominating volume against the value.

2legit2

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Quote from: king1982 on June 27, 2016, 04:00:31 PM

Bitcoin prise is important for me for trade when bitcoin prise is in crise i buy bitcoin and when bitcoin prise hight i will sell my bitcoins and this my strategy for to trade with bitcoin.

well all the trading is based on the price and on all the numbers in my opinion so its always very important to have bigger prices when you trade your bitcoin in order to make more money i think

i never use any strategies when trading to be honest, the only thing i do is try to buy at very low prices and sell at the bigger ones in my opinion, i have no other plans when trading

king1982

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Bitcoin prise is important for me for trade when bitcoin prise is in crise i buy bitcoin and when bitcoin prise hight i will sell my bitcoins and this my strategy for to trade with bitcoin.

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Quote from: DoublerHunter on June 25, 2016, 11:18:39 AM

Quote from: Snorek on June 25, 2016, 08:11:07 AM

Quote from: posternat on June 25, 2016, 07:45:29 AM

Quote from: Nowl1935 on June 25, 2016, 05:09:39 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Trade bitcoin with an altcoin that have a potential to rise. Let say like doge, way back in 2014, buy doge, i convert my btc into doge, and now, doge is now succesful. Just like that.

Buy the Altcoins when they are low at prices and sell them at high prices for bitcoins. This is the simple strategy which can be used to trade the bitcoins with altcoins.

No, no don't focus on altcoin and if you are a newbie then you should stay away. From my experience I can tell you it is worse than gambling. Focus purely on bitcoin.
Bitcoin market is big enough to see a patterns, and and it can't be manipulated by 1 whale like it is happening all the time with low market cap altcoins.

I don't think that altcoin trading is worse than gambling if you just study first before doing some altcoin trading. Because the possible scenario that will happen is on our hands. I mean if you study and make smart decision it will always result for a good profits. So for me it's up to a person on how he prepared on doing something.

Altcoins don't have a future. I myself was an altcoin trader and it was so tough to get back what I had invested in altcoins and I lost 50% of my investment. It may not be worse than gambling but gambling also gives you a chance to double your earnings but once altcoin's price falls, it never rises.

buyinbtc

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Quote from: 2double0 on June 26, 2016, 03:57:34 PM

I buy low and sell high. Sometimes, hedge my funds by buying more when the markets go against my trades.

I use quite of a similar strategy like you do, I think everyone does use it the same around here though... But if really I actually like to wait till the halving starts, and not resell just yet.

However being patient is not one of my strong points, I usually just act on impulse and sell it all without any thinking on what can actually happen in the long run, because the price is sooo attractive.

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Quote from: BillyBobZorton on June 26, 2016, 02:43:44 PM

Always go 10% and hope that the hype of a certain altcoin is real and pumps, then get profits and go back all in on BTC.

i do something like that to be honest, i like to trade crypto with safe amounts only not to lose much money

upsidedown75

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Quote from: Snorek on June 25, 2016, 08:11:07 AM

Quote from: posternat on June 25, 2016, 07:45:29 AM

Quote from: Nowl1935 on June 25, 2016, 05:09:39 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Trade bitcoin with an altcoin that have a potential to rise. Let say like doge, way back in 2014, buy doge, i convert my btc into doge, and now, doge is now succesful. Just like that.

Buy the Altcoins when they are low at prices and sell them at high prices for bitcoins. This is the simple strategy which can be used to trade the bitcoins with altcoins.

No, no don't focus on altcoin and if you are a newbie then you should stay away. From my experience I can tell you it is worse than gambling. Focus purely on bitcoin.
Bitcoin market is big enough to see a patterns, and and it can't be manipulated by 1 whale like it is happening all the time with low market cap altcoins.

Altcoins are good and not all altcoins lose in the long run. They may not be as good as bitcoins but it's definitely better than gambling. We have seen ETH and LTC losing but check the Waves currency that's the best altcoin currently. The best thing about altcoins is that it's easy to trade them and they are very cheap compared to BTC.

2double0

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I buy low and sell high. Sometimes, hedge my funds by buying more when the markets go against my trades.

trickshot22

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Just go by the basics: Buying low, selling high. Though I know it sounds quite easy and attractive, but it actually takes a lot of effort and time to do it, grinding the market is not that easy unless you don't have a good built up capital.

However if you keep it up for a long period of time, the invested time will definitely bring profits and repay you. Though I'd advice to get a job and get easy cash, like 2k euros, then start from there.

Yakamoto

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Quote from: funbarrel on June 26, 2016, 03:09:11 PM

Quote from: BillyBobZorton on June 26, 2016, 02:43:44 PM

Always go 10% and hope that the hype of a certain altcoin is real and pumps, then get profits and go back all in on BTC.

i dont think that it is such a great idea to use in trading to be honest because most cryptos dont even get any pumps, i usually buy and hold bitcoins for long time

The only time that there are any good pumps are during the initial exchange date of a new crypto, and basically watching the market every second for about 12 hours, and sell when it's at about 3/4 of the value it is going to peak at. This is all very risky, especially considering that there might not be a lot of investors interested in buying the altcoin, and thus it isn't as fluid as Bitcoin and could result in you losing a fair amount of your money.

funbarrel

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Quote from: BillyBobZorton on June 26, 2016, 02:43:44 PM

Always go 10% and hope that the hype of a certain altcoin is real and pumps, then get profits and go back all in on BTC.

i dont think that it is such a great idea to use in trading to be honest because most cryptos dont even get any pumps, i usually buy and hold bitcoins for long time

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Quote from: Cresciuanto on June 26, 2016, 02:25:49 PM

my strategy about bitcoin is very simple. I do buying bitcoin when the rate falls down. as you can see in the present time that the rate of bicoin has fall down to 580 USD. I think that was the best time to buy bitcoin because halving is approaching I am sure that the rate will increase in next some days.

It's called taking advantage every price dip depends on the price trend.

Sometimes putting a target price whether to sell at this point or buy at this rate wrecks people's trading strategy in most of the cases.

BillyBobZorton

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Always go 10% and hope that the hype of a certain altcoin is real and pumps, then get profits and go back all in on BTC.

Cresciuanto

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my strategy about bitcoin is very simple. I do buying bitcoin when the rate falls down. as you can see in the present time that the rate of bicoin has fall down to 580 USD. I think that was the best time to buy bitcoin because halving is approaching I am sure that the rate will increase in next some days.

trickshot22

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As far as the strategy goes, I buy on really small amounts every month for myself regardless of the price. I choose not to go on that heavy on it, since I don't have the capital yet to buy 'big'.

I'd probably go buy a big amount once the price drops down, It's probably the best choice to just stay still and buy/resell at little amount and grind up from there, but once the price drops, I'll buy a lot for sure.

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Quote from: cluit on June 26, 2016, 02:01:47 PM

Quote from: posternat on June 25, 2016, 07:45:29 AM

Quote from: Nowl1935 on June 25, 2016, 05:09:39 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Trade bitcoin with an altcoin that have a potential to rise. Let say like doge, way back in 2014, buy doge, i convert my btc into doge, and now, doge is now succesful. Just like that.

Buy the Altcoins when they are low at prices and sell them at high prices for bitcoins. This is the simple strategy which can be used to trade the bitcoins with altcoins.

Yes absolutely right, trading of alt coin is the best idea. Other than your strategy, I follow trading across exchanges like buying in one exchange and selling it in another.

We need to compare prices of different exchanges for this. We do get very rare chances, but very effective and instant profits.

But the problem is how you can to choose the best altcoin to make a huge profit.. and you need high amount of bitcoin to make huge profit.. and many people are losing in trading..

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Quote from: posternat on June 25, 2016, 07:45:29 AM

Quote from: Nowl1935 on June 25, 2016, 05:09:39 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Trade bitcoin with an altcoin that have a potential to rise. Let say like doge, way back in 2014, buy doge, i convert my btc into doge, and now, doge is now succesful. Just like that.

Buy the Altcoins when they are low at prices and sell them at high prices for bitcoins. This is the simple strategy which can be used to trade the bitcoins with altcoins.

Trading is not as simple as buying at low prices and sell at high prices. You have to analyze the history and trends of that particular coin and them forecast the future before investing.

cluit

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Quote from: posternat on June 25, 2016, 07:45:29 AM

Quote from: Nowl1935 on June 25, 2016, 05:09:39 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Trade bitcoin with an altcoin that have a potential to rise. Let say like doge, way back in 2014, buy doge, i convert my btc into doge, and now, doge is now succesful. Just like that.

Buy the Altcoins when they are low at prices and sell them at high prices for bitcoins. This is the simple strategy which can be used to trade the bitcoins with altcoins.

Yes absolutely right, trading of alt coin is the best idea. Other than your strategy, I follow trading across exchanges like buying in one exchange and selling it in another.

We need to compare prices of different exchanges for this. We do get very rare chances, but very effective and instant profits.

n691309

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Quote from: pandalion98 on June 25, 2016, 11:23:38 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Simple: Buy low, sell high.

It's not simple because to buy low you should analyze the market very long and then decided when to buy, also selling high is not easy as you think because not always you can make profit when buying bitcoins, imagine those who bought at ~$1k, how much time dose it take for them to sell again in 1k without profit.

harizen

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Quote from: DoublerHunter on June 25, 2016, 11:18:39 AM

Quote from: Snorek on June 25, 2016, 08:11:07 AM

Quote from: posternat on June 25, 2016, 07:45:29 AM

Quote from: Nowl1935 on June 25, 2016, 05:09:39 AM

Quote from: hermanhs09 on February 24, 2016, 10:21:21 AM

What strategy you use to trade bitcoin?

Trade bitcoin with an altcoin that have a potential to rise. Let say like doge, way back in 2014, buy doge, i convert my btc into doge, and now, doge is now succesful. Just like that.

Buy the Altcoins when they are low at prices and sell them at high prices for bitcoins. This is the simple strategy which can be used to trade the bitcoins with altcoins.

No, no don't focus on altcoin and if you are a newbie then you should stay away. From my experience I can tell you it is worse than gambling. Focus purely on bitcoin.
Bitcoin market is big enough to see a patterns, and and it can't be manipulated by 1 whale like it is happening all the time with low market cap altcoins.

I don't think that altcoin trading is worse than gambling if you just study first before doing some altcoin trading. Because the possible scenario that will happen is on our hands. I mean if you study and make smart decision it will always result for a good profits. So for me it's up to a person on how he prepared on doing something.

Well Im agree with his first statement about if that person is a newbie, then it should stay away from doing altcoin trading "for now".

But if that newbie really wants to go to an altcoin trading, he should spend time on researching and doing lots of readings before engaging in the actual altcoin trading to gain experience from doing it. Experience will now be the one that will make him improved.

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