What strategy you use to trade bitcoin? - page 5.

boyptc

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Quote from: Akupuniard on May 06, 2016, 05:52:46 PM

Quote from: RhodaGila on May 06, 2016, 05:28:23 PM

Buying bitcoin when prices are cheap and sell when the price is higher than the price of buying time.
Do not try to sell bitcoin when prices are down or lower than the price of buying time because it will hurt you.

Same, i think a lot of people will answer the same here cause this strategy is really popular everywhere, but need to understand that price is unstable and you can make a big fail someday.

Yes most of us are using this kind of method because it is very easy and you don't have to be skilled when going into trading like this.
Just follow all the instructions properly and you will become a certain professional trader once you already know the flow of bitcoins and other alt coins in terms of trading.

Junko

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I use the MattTheCat Reverse Indicator as a guide:

https://bitcointalksearch.org/topic/the-matthecat-reverse-indicator-thread-1319356

Just do the exact opposite of what forum member MattTheCat does* when trading and you are guaranteed profit.

Quote from: r0ach on January 08, 2016, 09:10:00 AM

The MatTheCat reverse indicator is a tried and true system dating back to the Mayans and Aztecs.

Here is a recent/current thread which is a perfect example of the MattTheCatt Reverse Indicator in action:

https://bitcointalksearch.org/topic/lose-all-your-capital-fast-with-matthecat-and-his-ta-101a-1442399

* keyword is "does". As in when he actually takes a position. Occasionally, he will make a prediction and not take a position and then that prediction comes true. This can be used as an affirmative indicator. Example of this can also be seen in the thread mentioned just above.

boyptc

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Today not is the right time to buy bitcoins because it reaches $462 base on xapo. There is only 1 strategy when it comes to trading.
Buy when the price is low, and then hold for a while and monitor if the prices could give you income and if that happens, sell.

Akupuniard

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Quote from: RhodaGila on May 06, 2016, 05:28:23 PM

Buying bitcoin when prices are cheap and sell when the price is higher than the price of buying time.
Do not try to sell bitcoin when prices are down or lower than the price of buying time because it will hurt you.

Same, i think a lot of people will answer the same here cause this strategy is really popular everywhere, but need to understand that price is unstable and you can make a big fail someday.

RhodaGila

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Buying bitcoin when prices are cheap and sell when the price is higher than the price of buying time.
Do not try to sell bitcoin when prices are down or lower than the price of buying time because it will hurt you.

18xk5oT2rLrAc24SL96XT14BX

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

What strategy you use to trade bitcoin?

I just look at the coin price statistics, and will guess where they lead later, but sometimes I see the famous coin prices are down from haarga normal, that's when I trade

Windpower

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Quote from: Rizky Aditya on February 27, 2016, 12:51:09 AM

Quote from: justspare on February 26, 2016, 11:45:12 PM

The easiest strategy is just to buy when the price drops and sell when the price of Bitcoin rises quite high.

That is the strategy that most people use. I use this and it works really well. Some days I earn over $400.

Yeh it is just such an easy strategy to do. It is really just common sense, it's not even a strategy.

Herbert2020

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Quote from: mixan on February 26, 2016, 03:52:38 PM

I stopped trading bitcoin on exchanges. Everyone one of them, no matter how backed they are by legality so not to defraud investors, eventually turn bad in the end.

the things on exchangers are not as bad as you thing.

don't get me wrong, it is still risky to trust them and leave your money/bictoin in their website but it is not like all of them are going to become like Gox, Bter, Cryptcy,... there are still some good exchangers out there.

Rizky Aditya

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Quote from: justspare on February 26, 2016, 11:45:12 PM

The easiest strategy is just to buy when the price drops and sell when the price of Bitcoin rises quite high.

That is the strategy that most people use. I use this and it works really well. Some days I earn over $400.

justspare

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The easiest strategy is just to buy when the price drops and sell when the price of Bitcoin rises quite high.

hermanhs09

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Quote from: mixan on February 26, 2016, 03:52:38 PM

I stopped trading bitcoin on exchanges. Everyone one of them, no matter how backed they are by legality so not to defraud investors, eventually turn bad in the end.

lol, why can happen like that?

maku

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Quote from: mixan on February 26, 2016, 03:52:38 PM

I stopped trading bitcoin on exchanges. Everyone one of them, no matter how backed they are by legality so not to defraud investors, eventually turn bad in the end.

Are you serious? Are you suggesting that every bitcoin exchange is untrustworthy and ran by scammers?
You know that there are FULLY legalized and licensed exchanges like Gemini? Not to mention some very reputable exchanges like Coinbase, Kraken.

mixan

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I stopped trading bitcoin on exchanges. Everyone one of them, no matter how backed they are by legality so not to defraud investors, eventually turn bad in the end.

lister storm

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i choose to buy at a really slow price when all people are selling their bitcoins and dumping the price, then after some time when i see the growth i sell a part of my bitcoins and then everything begins once again

Newcoins2020

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For me it's is about buying low when i feel the price is low. F.e. 300 dollar.
I don't have time to follow all the markets so I try to keep following the most important news.

bitgolden

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Quote from: holydarkness on February 24, 2016, 01:15:54 PM

I accumulate altcoin faucet and trade them into btc when the price is high, then exchange it back into the altcoin when the said coin's price is considerably low and trade it back to btc when the price increases. Its a slow progress, but its better than nothing, I guess

Even I do the same. Yes, the method is slow but still it's preferable as my risk is less else if I buy and sell bitcoins, the price I need to pay is higher and profit earned is way lower than I expect.

bankingbtc

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i just try to buy at the lowest possible price in the market, i actually even look through different exchanges when i do that and i sell it all if the price rises a lot

thejaytiesto

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Quote from: maku on February 26, 2016, 11:17:03 AM

Quote from: barbara44 on February 25, 2016, 03:53:46 PM

I do trade bitcoin passive way with paypal, because trading via paypal is more easy for me like cashing out. Usually I hold bitcoins for longer period to get some profits, other than these no big strategies I use while trading bitcoins.

How exactly this passive PayPal trading works exactly? Are you trading p2p or via some platform?
Isn't PayPal for bitcoin transaction frowned upon in the community because of the amount of scams, reverted transactions and general insecurity of these deals?

I don't understand what he means with "passive Paypal trading" too. I think as you know, anything that involves Bitcoin and Paypal is a terribly bad idea because of the fact Bitcoin cannot be returned in the case something goes wrong. This has been exploit by many on ebay, a lot of people got scammed on there and they couldn't do nothing about it since ebay/Paypal doesn't care about what you do with your Bitcoin, so all you can do is leave negative trust on the seller, but he will just create new accounts so..

CryingMidget

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Quote from: extrabyte on February 26, 2016, 11:50:20 AM

Quote from: HeroCat on February 24, 2016, 12:30:36 PM

Buying at lower price and selling at higher price. Wink

And checking the BTC market before that. Grin

almost every one do this. buy cheap rates ant sell expensive rates. this is basic stretegy for every one..

Even I am doing the same. Today I sold some bitcoin for emergency bro. Actually I had a plan to save bitcoin for long term suddenly Its a problem for so sold and gave to my friend.

extrabyte

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Quote from: HeroCat on February 24, 2016, 12:30:36 PM

Buying at lower price and selling at higher price. Wink

And checking the BTC market before that. Grin

almost every one do this. buy cheap rates ant sell expensive rates. this is basic stretegy for every one..

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