Topic: Whats the game plan (Read 275 times)
I just read that Bitcoin will be exposed to trading on wall street starting at december 10. Therefore my strategy now is to wait and hold, but nobody can tell you what to do. You always have to bear in mind that some people might start to realize their profits at some point and then the value can come down fast again and those people make money while others loose it. I would always set a personal exit point, thats readjustable due to news etc.
In basically the all Traders for sure have a game or a almost similar strategy. Not just strategy only I guess, we need to smart thinking and in it should be also have a strong belief (optimism) as well as a wider knowledges about the developments of bitcoin and altcoins prices from time to time in the market and knowing more things that can be affect to the prices.
Catch the bottom of that altcoin and sell it at the top, but learn about that altcoin carefully before you buy it.
I probably will stop buying by now since I do have a hefty amount stacked up due to continuous buying since March of this year. Gambled a lot of my savings for bitcoin and thankfully it paid off. Now I'm doing a little trading of alts here and there and so far it also nets me positive income while just tossing around coins in my free time. Looking forward on trading alts on a daily basis since right now, buying is not a viable option due to the high price.
The fundamental strategy of any crypto merchant is purchase low and offer high. Understanding the value inclines here requires up a large portion of the exertion as it in some cases gets flighty. Holding and exchanging BTC is significantly more secure than depending on altcoins on the more drawn out run. With alts, coins can go from zero to saint or even the other way around relying upon the venture, so everything descends to your decision of picking the correct ones and making the correct speculations as indicated by your financial plan
As the BTC price is getting higher, we will wait for more 2-7 days. We will invest some part of BTC in buying some Strong ALTs (e.g ETH) in deep.
it seems to me reasonable. that something like a spare airfield, when bitcoin can be sold, the ethereum can be used in smart contracts
As the BTC price is getting higher, we will wait for more 2-7 days. We will invest some part of BTC in buying some Strong ALTs (e.g ETH) in deep.
I always try to buy low and sell high. I only invest in top 10 because they are not easy to pump and dump and always recover if the price of coin decrease 20 or 30 percent.
The game plan is always the same, buy in the dip and sell at the peaks.
But, you have to determine the best price to buy, altcoins price seems decline at the moment, you can buy litecoin, xmr, dash, waves or ethereum. What about bitcoin? Bitcoin is on rally right now, it could rise or fall as much $1000-$2000 within a day.
Bitcoin price may get corrected a bit, but it will recover and reach new higher price, maybe $20,000 by the end of the year. Then, choose wisely which coins you want to buy.
But, you have to determine the best price to buy, altcoins price seems decline at the moment, you can buy litecoin, xmr, dash, waves or ethereum. What about bitcoin? Bitcoin is on rally right now, it could rise or fall as much $1000-$2000 within a day.
Bitcoin price may get corrected a bit, but it will recover and reach new higher price, maybe $20,000 by the end of the year. Then, choose wisely which coins you want to buy.
Hey everyone, could i get any comments on what your strategy to trading(alts and bitcoin) is.
every traders has a different strategy which is how to buy a cheap price of coin. What i mean the right time to buy to get cheaper price. And hold depends on your strategy also which is long term and short term investment. Its up to you which do you prefer but i suggest to choose which on that two options you can gain much profit 
Hey everyone, could i get any comments on what your strategy to trading(alts and bitcoin) is.
What you must seek is to how to deal with the price behaviour of your chosen alts and also to bitcoin. You will just get random responses here that will make you confused. The goal was to "buy low sell high". Try to make your own analyzation on how can you make a good strategy in order to make a good "buy low sell high" plan.
Important thing here is knowledge, you will minimize the risks of losing if you acquired knowledge so take time building your trading progress.
Hey everyone, could i get any comments on what your strategy to trading(alts and bitcoin) is.
The basic game plan of any crypto trader would be to buy low and sell high. Understanding the price trends here takes up most of the effort as it sometimes gets unpredictable. Holding and trading BTC is much safer than relying on altcoins on the longer run. With alts, coins can go from zero to hero or even vice versa depending on the project, so it all comes down to your choice of choosing the right ones and making the right investments according to your budget.
so many say they have prepare gameplan but always gameplan change when they involve themselve in trade. some people pretend to be genious of trade and invest but if look deep inside their trading history, we find that this not true
there is no better strategy other than common sense approach. if everything you do you base it on common sense, you out perform whole market and draw profit for self
there is no better strategy other than common sense approach. if everything you do you base it on common sense, you out perform whole market and draw profit for self
Basically for the past year the ways its been is as follows.
Generally its best to get out of alts when bitcoin is going up like right now.
Its best to get into alts when bitcoin is trading sideways or going down. People usually buy alts then to hedge their exposure.
Generally its best to get out of alts when bitcoin is going up like right now.
Its best to get into alts when bitcoin is trading sideways or going down. People usually buy alts then to hedge their exposure.
Hey everyone, could i get any comments on what your strategy to trading(alts and bitcoin) is.
its simple game plan for me, i monitor the top 10 strong alts, if have in the lower price i buy and i analyst them who is potentielly grow within 24 hours to get an 10 to 15 percent interest profits.
if you're asking about other people strategy,
most of them will tell you to hold your Bitcoin right now until we're reaching its peak in the next few days later.
but will it work for you if you do that ?
i do not think so,why ?
because everybody have their own capability and only them who know about their limit.
what i mean is do not ask about people strategy but instead ask other people about something other than strategy,
like news ? how to make a back up move or something like that.
every coin have their own characteristic which mean every strategy have their own weakness and will not work for everything.
learn it by doing your own research and never give up.
just bear it in your mind,
you're only losing you money if you sell it cheaper than your order buyer.
which mean if trying to use a short term trade but you get caught into it,try to hold it until it reach your goal or higher place after your order.
most of them will tell you to hold your Bitcoin right now until we're reaching its peak in the next few days later.
but will it work for you if you do that ?
i do not think so,why ?
because everybody have their own capability and only them who know about their limit.
what i mean is do not ask about people strategy but instead ask other people about something other than strategy,
like news ? how to make a back up move or something like that.
every coin have their own characteristic which mean every strategy have their own weakness and will not work for everything.
learn it by doing your own research and never give up.
just bear it in your mind,
you're only losing you money if you sell it cheaper than your order buyer.
which mean if trying to use a short term trade but you get caught into it,try to hold it until it reach your goal or higher place after your order.
Hey everyone, could i get any comments on what your strategy to trading(alts and bitcoin) is.
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