1. Acquire more knowledge on crypto currency and their future
2. Know about prominent crypto currencies.
3. Keep watching the trdaing trend
4. Invest small portion of your money initially
5. At the beginning, invest. do not try to trade.
Topic: What's your trading strategy? - page 17. (Read 1814 times)
right now I'm doing longterm trading, I bought btc, eth, and bch a month ago and I'll keep it for maybe a year or more, I'm sure this will get me a lot of profit
Hi! My strategy easy , buy low, sell high, but you must know whats trend now. And i invest only in basic coin (TOP 20)
I do not know how to trade, but I do not want to give up or despair, sometimes I trade does not mean the profit I get, but the defeat that I receive, but I never regret it all, I just take the lesson Learned from defeat, I'm sure the traders will not always lose, one day I hope to get more profit than my current defeat.
90% how cool the icon is, 9% btt shillery, 1% tech.
You need to pay attention to the RSI. Relative Strength Index (RSI) is a variable-speed oscillator that measures the speed and volatility of price movements. It ranges from 0 to 100. RSI is a fairly common indicator that can be found on many financial websites. Typically, traders use RSI to determine if the market is oversupplying or over-demanding. Supply exceeds demand (sell exceeds purchasing power) when the RSI exceeds 70. In contrast, selling force exceeds buying power when the RSI falls below 30. This strategy works well in the real world. The market may still be overbought or sold in the long run. As a result, RSI can create many false signals.
You should keep in mind the volume of deals. Very few traders pay attention to volume trading. This is a mistake because trading volume can provide some clues to the movement of the market. It can give early warning signs when trends change. The best way to use this indicator is to compare and contrast the daily trading volume between a strong bullish day and a strong bearish day. If the uptrend does not reach a large enough volume, it may be "false breakouts".
Im more on Graphical thread watching as my trading stategy.
ofcourse I always sell if I got some good profit on it.
but based on my experience you must not get to the point to being greedy!
I did think that if i wait more I do gain more but that is not what happen. coins go low and did loss some. just decide wisely always!
ofcourse I always sell if I got some good profit on it.
but based on my experience you must not get to the point to being greedy!
I did think that if i wait more I do gain more but that is not what happen. coins go low and did loss some. just decide wisely always!
Of course. Now any strategy was difficult to implement. I hope soon one best strategy will be to buy and hold!
I just try to get on projects i believe in and give them time.
My trading strategy was i just divide my investment into three tier, If the coin starting to drop its price then i just buy 30% of my funds and i observe the movement of the coin and if it continue to drop then i will buy more coins.Then I will sell it as long that i see that i have earned from my trading.
Sometimes I trade using sites with public information about coming news and updaites, if I find positive information in time (among the first people) I can buy this coin and wait growing. But this strategy is risky too, due to lots of fakes news and strong attachment of altcoins to bitcoin.
Buying low and selling high is not an easy thing to do. Why? Because you never know when the price is at its lowest and when it’s at its highest, that’s the truth. No matter your level professionalism in trading, I don’t think you will be able to make those predictions perfectly.
Just like this past months, I have seen a lot of people who claims to be experts make wrong predictions through, some predicted the price will be down to $2000 and others predicted $5000, but that never happened, rather the price went back up from $6000+ and now we have $8934 which is close to $9000.
Just like this past months, I have seen a lot of people who claims to be experts make wrong predictions through, some predicted the price will be down to $2000 and others predicted $5000, but that never happened, rather the price went back up from $6000+ and now we have $8934 which is close to $9000.
Tell us or me what your trading strategy is
I do small gains on large dips but that's a risky move, sometimes I climb the mountain when the price rises or when news opens up.
I'm curious what others do to gain money.
I do small gains on large dips but that's a risky move, sometimes I climb the mountain when the price rises or when news opens up.
I'm curious what others do to gain money.
My trading strategy is to just buy low and sell high. It is very easy and effective strategy but sometime some traders fall on the other way around like buy high and sell low. We all need to just calm if something bad happen in digital currency world. We must have a mind set that all the things happen in trading is just a normal. Most specially, we must be patient and calm to wait for the best time to sell or buy so that we will come up with the best decision that we will make.
Follow the trend. This is the most important strategy of successful traders. All financial markets operate under the same mechanism. The market tends to continue moving in the current trend. If the trader does not follow this basic concept, they will fail. If you follow the trend is a great trade-offs, why are most speculators fighting this trend or simply ignoring market trends? The reason is simple: Following the trend is a very boring strategy and will often take weeks or months to be trending toward sustainable development. Therefore, the trader is forced to wait patiently until there is a real tendency to emerge. Unfortunately, most speculators do not have the patience to wait. Of course, this explains why most traders are losing money.
Tell us or me what your trading strategy is
I do small gains on large dips but that's a risky move, sometimes I climb the mountain when the price rises or when news opens up.
I'm curious what others do to gain money.
I do small gains on large dips but that's a risky move, sometimes I climb the mountain when the price rises or when news opens up.
I'm curious what others do to gain money.
the trading strategy I use is to buy when there is bad news that makes the bitcoin price collapse and after that hold it until the price back up and green, when it is green then I will profit.
People know that buying low is high, but I'm not a good day trader. I think long-term holding is the most effective way.
From the bitcoin's past, it can be seen that it has grown ten million times since ten years ago.
From the bitcoin's past, it can be seen that it has grown ten million times since ten years ago.
My trading strategy, check technical analysis and find a buy area, after buying coins in that are just hodl. If I am going to sell a coin, when I am sure I sell it, I pospone it to tomorrow in case of moon.
In investing in crypto, the only strategy to make a profit is "buy low and sell high." You may have heard of this, but it's not easy to actually do that.I keep my eyes and mind open every time and track the market almost every time, even at my office.
You will always hear "Buy Low, Sell High" but its easier said than done as I also encountered a time when I have to sell below my Buy rate as I see another opportunity to not only to earn but to recover what I have lost on a wrong purchase. Write down all your mistakes in trading and try to read them from time to time to remind you not to do it again.
Perfectly said. In some situations , we do have to sell in a loss but we do have to see if we could recover the amount we spent in a loss. If there is an opportunity where we can recover the loss we are going to have currently then we should definitely go for that opportunity. May be we could buy back the coin at a lower price after recovering from the loss. If there is no opportunity, then we probably just wait. At some point the coin will definitely rise up and yield profit. The important thing here to remember is, never invest all of your money in a signle coin. We should diversify our money and atleast keep 20 % to buy something in future.Good said. But most market participantsuse the strategu "BHSL" (buy high, sell low). When they use this strategy they panic and destroy their depo
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