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Topic: What's your next trading move! Mine is... - page 2. (Read 2410 times)

hero member
Activity: 994
Merit: 501
December 28, 2013, 10:13:36 AM
#42
My next move is mining some easy alt-coins, let's say like 10 types and watch for each evolution of the 10 types, sell a percent (maybe, 30, 40, 50%) of them when they are up and buy the same quantity when they are low...

This strategy makes sence, but expect once in a while you will be left with worthless alt-coin, so dont buy back more coins than you sold, regardless of very low price

It's not much different than trading penny stocks actually.  Most will become worthless or near worthless.  Every now and then you will get lucky and maybe 1/2 will amount to something.  Remember, there's usually a reason something is selling for 1 cent, or even less than a cent, it's probably worth it! Smiley
full member
Activity: 133
Merit: 100
December 28, 2013, 05:06:00 AM
#41
My next move is mining some easy alt-coins, let's say like 10 types and watch for each evolution of the 10 types, sell a percent (maybe, 30, 40, 50%) of them when they are up and buy the same quantity when they are low...

This strategy makes sence, but expect once in a while you will be left with worthless alt-coin, so dont buy back more coins than you sold, regardless of very low price
newbie
Activity: 28
Merit: 0
December 28, 2013, 04:50:46 AM
#40
@DonCalzone That's the point moreover it may goes really more down on the weekend.
newbie
Activity: 14
Merit: 0
December 28, 2013, 04:31:58 AM
#39
Use the cex.io method. Buy high, sell low!   Roll Eyes
newbie
Activity: 23
Merit: 0
December 28, 2013, 04:17:33 AM
#38
buy and hold boys, buy and hold.
newbie
Activity: 14
Merit: 0
December 28, 2013, 01:13:43 AM
#37
Buying Doge when it's low. It's already low, but I think it goes even more down on the weekend. And it has a LOT of potential for growth.

Yes, I want it to get just a little lower so that i can buy! Smiley
I'm going to buy at 750 - 760$
newbie
Activity: 3
Merit: 0
December 27, 2013, 05:44:46 PM
#36
Buying Doge when it's low. It's already low, but I think it goes even more down on the weekend. And it has a LOT of potential for growth.
newbie
Activity: 14
Merit: 0
December 27, 2013, 05:37:18 PM
#35
Buy your bitcoins at whatever the current market price is at the time and go back to work!

Haha, Trading BTC is my work except fixing and selling cars. Anyone wan't to buy a golf 2 or a mercedes benz in sweden for Bitcoins? Cheesy Cheesy
sr. member
Activity: 249
Merit: 250
December 27, 2013, 04:34:54 PM
#34
My next move is mining some easy alt-coins, let's say like 10 types and watch for each evolution of the 10 types, sell a percent (maybe, 30, 40, 50%) of them when they are up and buy the same quantity when they are low...

This way my intention is to keep a diverse alts portfolio while I grow my btc or ltc account... if any of the alts goes forwared, then I will try to grow up it aswell with the 2 bigs Cheesy

Sorry for my english, and Hello everybody ! This is my first post Tongue

(Great community, I learnt a lot from here, even when I am still a newbie)
newbie
Activity: 4
Merit: 0
December 27, 2013, 03:10:05 PM
#33
Do you guys have any more information on how to make use of the information on the bitcoinwisdom site.  I found it fascinating.  Thank you for the link, however I've just been relying on reading the candle stick patterns so far on btc-e.

My next trading move is to buy back in some BTC using coinbase.  (sold some to test the connection to my bank account)  Maybe $150 worth and trade up and down on btc-e.  I plan on buying when it dips down and selling when it goes up as long as I can see at last a 0.4% gain, then I shouldn't lose any money on the transaction.  My goal is to try and get in on the 10% swings I've seen there.  Once I've made some money, I may put more in, I'll just reinvest any profits for now.  Still a low enough monetary value that I won't be devastated in case something happens.

I'm also currently mining dogecoin and litecoin on my gaming rig and selling on coins-e and then transferring to btc-e.
full member
Activity: 181
Merit: 100
December 27, 2013, 02:53:23 PM
#32
Buy your bitcoins at whatever the current market price is at the time and go back to work!
hero member
Activity: 994
Merit: 501
December 27, 2013, 02:31:20 PM
#31
Bitcoin price is rising but struggling at 730$. So, if you want to make quick profit, consider to trade now itself.

However, you have to decide strongly about trading. Members like me might come here post something and log off.

There was a great technical article written about a week ago out from I think Wall Street Journal.  It basically summarized that the $700 level for BTC is the resistance and support level.  We broke it going up but it took a bit.  It should hold there should it drop.
member
Activity: 63
Merit: 10
December 27, 2013, 02:21:44 PM
#30
Wait and hold until $10,000 !
full member
Activity: 123
Merit: 100
December 27, 2013, 01:58:52 PM
#29
My next trading move will be to exchange my LTC for BTC once the LTC/BTC ratio improves a bit.

Is LTC better to trade with than BTC? Im thinking about starting to trade with another currency than BTC. Trading with 2 currencies BTC and thinking about LTC

I think the lower coin market cap, the easier price manipulation. So definitively risker to trade LTC
newbie
Activity: 28
Merit: 0
December 27, 2013, 01:56:12 PM
#28
Holding, holding, and probably some more holding. Too much loss in trying to time the market  Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
December 27, 2013, 01:55:05 PM
#27
the best in the past was: buy and hold.
newbie
Activity: 14
Merit: 0
December 27, 2013, 01:53:40 PM
#26
My next trading move will be to exchange my LTC for BTC once the LTC/BTC ratio improves a bit.

Is LTC better to trade with than BTC? Im thinking about starting to trade with another currency than BTC. Trading with 2 currencies BTC and thinking about LTC
newbie
Activity: 1
Merit: 0
December 27, 2013, 01:50:25 PM
#25
My next trading move will be to exchange my LTC for BTC once the LTC/BTC ratio improves a bit.
newbie
Activity: 13
Merit: 0
December 27, 2013, 01:34:25 PM
#24
I would wait until it hits 1000.
Not sure if that's going to happen.
newbie
Activity: 9
Merit: 0
December 27, 2013, 01:33:15 PM
#23
Sell very low.
Watch market collapse.
Panic re-buy when the prices are very low because of collapse.

I am not a clever man
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