Topic: What's your trading strategy? (Read 800 times)

Trades strategies don't actually work for low market Shakers but big whales. Haven been into trade but can't find a successful strategy for a long-term, so, personally I choose my own strategy for trade which is: buy low and sell when it high. The dip is the best place to buy cryptocurrency, if you're not among the market Shakers follow my strategy.

You are corrclect about the early investors and private investors to be the biggest profit earner but if the profit is not successful they are also the one that bear the lost and what determine day traders level of profit is the market trend and the current market is good for patience day traders to make profit.

I would say more than 90 percent, almost 95% of day traders go in loss , if they can close their day orders, the biggest profit goes to early investors, the seed investors, and private investors, I remember when the seed investor of $plt , who bought it on 0.01$ dumped it on pleb and gave it a 50% loss from 25c to 13c , and seed investors were still in profit 

Absolutely right and i completely agree with you.
But still there's different strategies performed by different traders in order to yield maximum profit.
But for a newbie trader they just invest in volatile coins and often faces losses.
IMO the best strategy would be to just watch the movement of the coin for a great period of time and at the right time invest to become rich.
Hope this clarifies something for you OP.

I am just like you and don't have much time to track that coin at all times.

In my opinion, it is possible to switch to short-term investment as this is a very popular way for busy people and you should set a sell price after buying as this will help you to avoid a lot of risks. However, you need to choose the most appropriate time to invest because if you choose the wrong time, you will definitely lose a lot.

I try to purchase as much bitcoin as I can with my savings every month, this means that I have bought from $5k I have bought from $7k and that also means I did buy from $12k as well, I buy at every price all the time, if the price continues like this I will buy from $10k as well, obviously it could change until I buy, but whatever the price will be I will buy from that price. That way I have a lot of bitcoin, and I have a good savings account and in the future, 10 years from now 20 years from now if bitcoin worths a ton of money, like $50k+ that means I will be capable of retiring early.

I know that people are after buying one coin and suddenly being rich but my method guarantees an early retirement if bitcoin keeps going up in the future, instead of risky trades today.

This is a simple strategy that everyone understands when entering this market, but to apply it, you will definitely need a lot of knowledge about trading because the market is always volatile. I am not good at trading but always know the time to buy a cheap price because if you can choose a good price to keep, your chances of making a profit will be very high and can completely double the profit after short time.

Nice a question!!
A lot of beginners need to know more about trading
So, I would say that my best and the only strategy that most people get benefit from is to buy the dip and HODL.
And wish you all the best guys!

Now is great for catching up on daily volatility. I am a trader who prefers things like the quote below
In the previous year it was very difficult to catch up with volatile daily, and daily trading because the market was very boring. From there I prefer to be a pleb but I don't hold on for too long, like @OP said earlier that I set a profit and then exit the market instead of having to wait even though the increase is big. User trading here depends on the conditions, I believe all traders will not be able to defend their one strategy, and are forced to use another strategy which is more profitable.

I am not an idealistic trader, I like to sell when it is profitable...
my strategy for not losing when trades -> not to sell below the buy price. I've tried to be a day trader but I can't profit because I don't have much time in front of the laptop and are too busy in the real world so I choose to become a trader who will only sell when it makes a profit.

someone said that scalping is b.s , i dont know if that is true because i havent done this before  . it was actually a qoute and it says it came from satoshi  . if we are a beginner we dont need to be ambitious and and create a special strategy because our minds arent ready for that but we can rather create a basic strategy  . 

you said scalping is hard ? we need to work hard if we really want to earn  .

Due to my own criteria, my best strategy for now is to stay in Hodl mode, the reason is simple, many unexpected things are happening, because the volatility is enormous, if someone makes the decision to go short, they will most likely lose, Well, there are many sell orders that work like walls and deceive traders, for now it is better for me to be in hodl for those reasons.

It's also important to set a criteria for your trading strategy as you will need a different one for a different type of market. With backtesting its much easier to check what works and when. Also to test out what would have happened with active trading vs HODL.

For times like these, this is an example on what to look for:
We want to have an open position most of the time
The strategy must close our position higher then where it will open a new position — ergo protecting us from unwanted loss of capital
The strategy should open fewer trades, rather than actively trading
The strategy should have a relatively small drawdown
The strategy should have Sortino ratio above 2 (the higher the better)

It's clarified further here is you are interested in the individual points: https://medium.com/coinmonks/btc-trading-strategy-in-times-of-uncertainty-crypto-bot-with-safeties-5d0deb5aaaaf

Haahhaha, that's exactly what I'm doing. My rationale behind this is that with time the markets will pick up again and it is no point in stressing too much out about the current situation. To be fair, I did go in with the intention for long-term holding, so can't really complain much.

The other bit that I'm using during trading is stop-loss, something to consider yourself in case you've never used it.

Then, how about the result? Are you making good with that?
There is a reason why I'd never rely on the news because most of them aren't reliable. Some got interviewed and talk about the future of Bitcoin, that their own opinion or might some of them are just paid already.

I usually observe the current market chart versus last year's performance and as well as in the past days. The market won't make such instant changes and it is possible that what it happens last week will be of the same as what it happens by tomorrow. Our instinct could be in use sometimes and not be more speculative nor to be optimistic.

Perhaps, in order to use some special strategies in trading or to create your own, a trader must have quite a lot of experience and knowledge, but as a beginner, many specialists first of all advise using scalping. In my opinion, this is a really very good strategy that allows you to make good money on the difference in price, but the only thing that does not satisfy me is that when using a scalping strategy, a trader must constantly be near the computer monitor in order to monitor what is happening on the exchange. This strategy takes a lot of time.

Surely, everyone has a different view in carrying out a trading strategy against Cryptocurrency.

Maybe there are hundreds of ways that people who trade/invest in crypto, of course to get perfect results.
I don't do much strategy in trading against crypto, optimally I often do two steps.
• Technical and fundamental analysis, these two strategies are sufficient for me in trading.

My trading strategy is very simple. I am not trade daily.wait for bear market to entry and hodl until i satisfied with the profit... today's market is really good for new trade..buy some quality same in this bear market and hold it until you satisfied and wait for dip..Very easy but most effective and safe..(remember all time that before buy study the Coin and 100% on the project..never select fomo project likes now days shit difi project.)

Happy Trading 💪

My strategy is to watch online/local news about the movement of stocks. also wait for any big/high impact news that may move the price of the currency. It's best as well if you're gonna use some indicators that will help you to predict the movements of the trend.

My strategy is relatively simpler when it comes to trading in Forex. It is around tight risk/money management and focusing on analysing. I do it smoothly via FreshForex using their 101% Tradable Deposit Bonus, as it helps a lot and allows me to perform right.

The trading strategy I use is very basic, namely buying at a low price and selling it when the price goes up. It's just that simple
to be able to make profit in crypto trading, especially now that all coins are experiencing a price drop. Makes a good opportunity
to be able to buy coins at low prices, of course, only the popular and potential coins that I will buy.

What I like to do is wait for big moves. I basically do nothing when there's a swing up or down below 10%. I wait for bigger swings of at least 12% or long bear markets where I wait for at least 60% loss. Then I patiently wait for a swing up.

In case of a bear market buy I wait for at least 50% bounce back before I sell anything and in case of a swing I wait for a profit of preferably 20%. If I don't get it I can wait for a year for it to finally happen. I've got time.

Everything should really be planned specially you are dealing with the market and risking up your own money.So its just normal for you to do all sorts of things first before jumping into anything without any corresponding knowledge.

There are lots of strategies and your own plans would really be molded by lots of trials and error.Dont expect that you can find it out on a single day yet this would take years for you
to have a grasp on.

Strategy will vary on to each person because there are strats that might be working for you but not into others this is why its important to discover on your own or on what suits
you the most.

Well, at this point you should always have a plan ^{[the plan A and plan B]} which is you have a choice and also you can easily exit you will experience a massive loss. A strategy is very important, --even though what strategy it is as long as you have always a game plan in every trading, just like a game, there should be a plan how to defeat the opponent, the only thing you can do is set up a strategy that may suitable and effective to your opponent.

If it is profitable for them then why they have to stop it?

People have to learn it, don't blame the things which you can't control.price manipulation is always existing in crypto market but the whale just initiating things, only the real investors are the real cause for the price dumps.

Very well said. I believe that day trade can be profitable in its own way but for me, this doesn't work and doesn't fit me at all. I am more type of person who waits for a big movement to come before to sell. So basically, I am more on buy and HODL strategy. Not totally holding it for a long time, perhaps having 2x or more would be fine but if I felt the market is surging then I will try to hold myself a little bit more assuming for more possible rewards.

Business strategies are different for everyone gather enough information about the business you will be doing. Know what the demand is about that business where you will find the things you need. Find out enough about its purchase and sale price. Learn about the local market. Get to know your competitors. Try to understand how they work. Staying active is as easy as collecting new business strategies. This will make the business very profitable.

If I truly said every trading strategy is failed if price manipulation going on that way and its totally bad impact on crypto market. Good coin 50 percent down. Many people got liquidation due to leverage trading. Exchange are promoting for future trading which is really bad for investor. 99 percent people lost their fund in that kind of activity. Because price manipulate by any whales. Its so easy. So this kind of activity should stop.

Right now, I bought some coins that really good for the long term and those are Bnb, Busd, Link, Dot, Lend, Ethereum, Xem, Vet, Ada, Nxps and Sc, then for day trading I used Ag8, Link, Jrt, Xrp and Atom just applying the buy and low system basic in the trading dude, just simple as
that just like what the other traders did in the exchange.

The market condition for quite some times now dosen't encourage much of massive a profit generation over trading and as such it is always important to go into a trade with a pre-determined profit aim to gain from such trade and onece you hit it, you sell of and take profits and forget about greed or fear the coin might pump higher. Gone are the days when we see price of cryptos have 1000% imcrease over night, even if it happens, it's very rare.  I've been using this strategy for sometimes now and I'm glad it's working out, although the return is always not massive but it's better than using strategies that will get ones accoint burn

Generally you're only gonna lose money from trading emotionally or from a big correction or if you're trading during a bear market.

Bear market: I made the mistake in early 2018 moving a bunch of my long term bitcoin into trading, and I lost tens of thousands of dollars trading that year because at the time I didn't expect a full on bear market. The next bear market in probably a couple years I'm just gonna get out of trading for a year until I see it stabilizing at a bottom.

Emotional trading: Trading emotionally is the easiest and most common way to lose money. Like if you get upset the price moved in the opposite direction that you thought it would, so you sell for loss or buy in higher, then the market moves in the other direction and you again buy or sell in a worse market position so you lose all over again. It is clear from how upset you are that you are trading emotionally. It's been extremely easy to make money the past month and a half since the pandemic panic crash on March 12th, there is no reason anyone should be losing money on trading right now unless they are trading emotionally and compounding losses. I've been there, I know its possible to lose money even when the price is going up, but its hard to loss money in a bull market unless you're trading emotionally.

Big correction: I was up $6000 in trading the first month and a half of this year, then my trades were stuck for a few weeks as the price stalled in the $10000s, then I finally got out of my trades a couple days after the pandemic panic crash and suddenly I had gone from $6k profit to $3k loss. Yeah that's right a negative $9000 swing (and I started with $14k in my trading stash this year so $9k negative movement is absurd). That hurt. Without stop losses even if you make money most of the time you're gonna end up losing money overall because of crashes/big corrections. But now in the month and a half since then I've again made $6k, so I'm $3k up for the year in 4 months despite taking a $9k loss on that crash. If I had used stop losses I'd be up probably a few thousand dollars more.

Point is, we're in a macro bull market, and have been for 13 months now. If you don't trade emotionally, if you use good risk management, and have stop losses in place for major market corrections it really is not hard to make money.

My trading strategy is that buy high and sell low.... Because this fucking crypto market not makes you profit in any condition. Whales are liquidate both if you doing long or short. No matter. I am very disappointed from that kind of market already make a 800 dollors loss in one month. I think holding is good strategy.


Edit :- Everyone is saying day trading is profit but I 99 percent of person who do day trading loosing their 100 percent money untill you get a somekind of paid call signal. So day trading is very risky even you make continue makes 10 profitable trade then suddenly you loss everything in one trade.

I am looking for Arbitrage now because since there are many legit exchange these days at least there are chances that i can make profit.
and besides my capital is some amount that i can afford to lose so whatever happen i can at least stay holding for semi long term if i did not succeed in my trials.
so i can save my money from losing if the short term did not bring any luck for me.

By giving time in market all situation then trade strategy can help you to success. In trading I passed more than 3 years and I think every coin buy during the dip. Any promising coin which coin passed more than 1.5-2 years in cryptocurrency, that coin will be the best for trade or hold.

Day trading is really profitable if you have the skills to make profits even if the market is suddenly crashing. It requires more knowledge than just simply buy and hold for long term. But as you go on trading, you develop more strategies aside from day trading that will minimize your losses and maximize profits when trading.

Day trading is profitable if you have good trading knowledge. Day trading is not for everyone. This requires a lot of work. Day trading can be dangerous for those who have little idea about trading. Because there is a lot of risk here. You always have to keep an eye on the market. This is why I do not do day trading. My strategy is to buy rumors. And to sell as soon as the news arrives. Because I have tried all the ways and got bad results. My current strategy is giving good results. So that the tendency to trade more has decreased

One problem is that only a few people with a lot of liquid assets have the possibility to influence the Bitcoin price significantly. It is difficult to guess in which direction these trades are going.

Day trading is one of the profitable way to make money from cryptos but we also have to mention the fact that not everyone is going to make profits from day trading and for every missed chance they are missing money from their pocket so understand the both side before using day trading as quick earning method.

Hodling the coins is a good decision. You can lose 100% of your investment at most, but you can win over 100%.

for my trading strategy is so simple.
for the first time i just look how the volume of trade is grow, if it grow up in good volume i will buy more because i believe if the volume grow up the price will moon after that, and wait a time when the price in top then i sell it to ge a profit.

It will take some time for you to make a good profit in this market but before investing you need to have a specific strategy and always believe in the coin you choose to invest. In investing, you need to be a bit greedy to be successful in this market and of course you are not always lucky enough to be able to do this because the crypto market is often very volatile.

The usual way advisable for anyone new to trade is: buy when there is a dip and sell when there is a bullish momentum. But, this statement had ruined many newborn to cryptocurrency trading, many thought that, just buying some random Altcoins also apply to this statement. Researching into the coins you ought to buy matters a lot and shouldn't be taken for granted. Some coins are not worth holding at all and shouldn't be bought at the first place.

In order for us to gain profit we want we must always watch about the current price in the market and analyze the potential growth of the coin. In trading, you must follow not a single coin but you must also risk in other coins. I'm sure experience traders know how to buy and sell at the right time and not everybody can actually do it. I always look for some supported data and indication to make sure that I will buy and sell at the right time. You have control over your money so self-control is very important. There so many strategies you can use but few of them really make use in the market.

One of my basic strategy in making more money in trading is using the oldest kind of earnings which is the buy a lot of coins when the market price is low and sell when the market price becomes profitable, this kind of technique may cause of long term because not all the coins make changes in just a single week or days so it before makes into the world of trading it is better to choose wisely the coin you will use to avoid getting lose to your income it is better to save your funds than a struggle for having a long term hodl.

I think in this market, every trader has different trading strategies and nobody is alike, so you need to have a plan to make good profits in this market. However, if you choose the wrong investment strategy, you will lose money because the bear market is now becoming very large and can be completely manipulated if the psychology of investors is not good.

Yes, you do not have to have a constantly flow of cash, all you need is not going all in at once, if you have a certain amount of money, do not go all in with it, put some aside and go in with only a portion of it, with the rest you can continue to go in with set period of times which will result with you cost averaging without really needing cash flow constantly.

However you are right that if you have cash flow all the time, that would make things easier, that way you can actually go in periodically and have a better chance to profit in the long run. I heard someone put in their credit card to coinbase to draw 200 bucks and buy bitcoin automatically each month for example, it wasn't enough money to destroy their finances and it helped them get richer and richer, dude put in like around 4k so far but has over 10k thanks to all increases, it really works.

umm what? 3% a day would be a crazy amount to make. Don't know why you would call that small. I assume you can't keep that up for very long though. Even just one month of 3% a day would be 240% profit on your money.

The past 40 days, basically since the panic crash after it rebounded to $5000s, I'm at exactly 1% daily average compounding, which means I'm up 50% in 40 days. I don't expect to be able to keep that up long term at all. But I'm hoping to keep up maybe like .7% or so per day long term - even that would be 23% a month which would be an amazing amount to make.

I trade daily, when the price is moving i usually get in and out of a number of trades each day. I split my trading stash into a bunch of different small trades, usually only trading with 5-10% of my stash in each trade, but I've usually got a bunch of trades going at once, in a few different coins. And I generally set my sell orders for 3-5% profit, but sometimes more like 8-10% on a smaller coin that has more volatility. I just try to ride the daily volatility. Sometimes a trade will complete same day, sometimes it'll take a day or two or maybe a week or two. I only trade coins against USD, never trade coin pairs as that is just way too unpredictable and risky, as I've come to learn from years of trying it.

Imstead of day trading about a year ago i put everything into a program called Bitconnect, it makes guaranteed profit daily without me having to lift a finger! I have not even looked at it since and i just clicked the auto reinvest. I am sure I am rich by now though!

Until now I do not have a clear trading strategy, I only do when I have free time. But it is almost trading every day by spending 50% of the assets I have in exchange. Buying in a gradual manner is my basic strategy

Trading isn't an easy thing, especially day trading. Even though you may be making a living from it sitting on your bed in your bedroom with a cup of tea by your side, it's no mean feat. Your eyes and heart beats suffer it, constantly facing the screen. When I traded it was either short or long term. Sometimes I made profits and other times the profits seen turned into loses when the coins plunged. When I go back to trading, it will be to horn my skills more on the same short and long terms because they're easier to manage than day trading.

I have unique with trading strategy where always buy coin after touch support price and look have higher chance to get much profit, but always buy and trade with potential coin have many exchange market listing and look continue for their team build this coin at the future. Never trade with coin have been on higher price.

Everyone has their own trading strategy, but most people in trading are always looking for safety, that is, with certain holding coins
until the profit is reached. That's the easiest strategy in my opinion, but I have my own trading strategy. Because I like challenges,
I really like daily trading. Indeed the risk is very large, but the opportunity to be able to get profits is also very large. I focus on taking
3% profit per day, even though the results are small. But it can reduce the risk, and also if the profit I get is accumulated for a month.
The results are quite large in my opinion.

Majority of the traders here are occasional who enter the market when the price goes down and you enter the market and wait for the market to rise and book your profit, i have my assets for the long terms and i spare some for the short term and my only aspect is to hold till i get my desired profit be it in the long term or the short term.

buy at the time of dip, and hold it. so far, my plan is very simple. I am targeting coins that have very good information to develop. for example, for now, bitcoin and ethereum. I have had several ethereum to date, and wait until the price is more than $ 350 before making a decision to sell or keep holding it.

My trading strategy everyday is to go in to each of my positions with 3-3-5% of my balance.
Make at least 5-10% Of profit on my total balance
And incase of a bad day of trading where i record loss above profit i seat a trading day out and try and analyze a little bit more and come back stronger.

You got the main point right there. I am not very good at trading and i am always conscious of just diving in to start. I look for loopholes, which serve as opportunities. Immediately I get one, I see it as a place to start from, but if it is all about the pump, I just pause until the opportunity comes, or I move to another trade.
Also, I love a market that swings a to. After finding the opportunity to start, i dive into the swinging market and that is where I believe my grids can function most.

Yeah, business borrowing is something even suggested if you are growing big enough, if you have a place that makes a decent amount of money that could potentially even make more money but you do not have enough capacity to cover that difference, you take out a loan and expand your business to cover all of it and make a greater revenue in the end.

However, traders thinking the same way about how they are making a decent return with the amount of money they have so they could make even bigger profits if they had a lot more money and takes out loans for it as well, which is not smart because a business revenue is usually a linear thing, if the company is doing well enough it will continue to do well, they usually have contracts to prove that, not that all of them can continue but most of them takes it out that way, traders can't guarantee income, they can profit for a whole year and suddenly start to be horrible the next one.

Whatever works for you. Som trader says it's easy but it's not really that easy.


You just can't create your own opportunity in day trading without risking a lot of your funds. But with Swing, you can just wait for something that will open up for you to jump right in. With the right tool like RSI and some other indicators, it's all good.

for me, the most important is using my own money for trading to avoid getting debt, practically, it is better to have a sufficient amount for financial support before I go through the expected type of business because of borrowing money through lending is riskier and it is easy to drain and besides, I believe that using our own money for real trading is very comfortable with sounds great.

Yeah, swing trading isn't the best strategy to use when you are just learning about trading, it could be best to use the basic strategy and one trading platform.
Actually, I am just a casual trader and just making trades when I have time. And only one thing I have often to use is to check the current market flows and I'm not in trading when the market is already at high. I should have to wait for the price to drops and start again.
And also it is very important to choose the best coin to trade because this will affect the result.

My strategy, for now, is just to adopt swing trading to minimize the risk that is associated with day trading. Day trading is much harder mos, especially for the newbie. 

I hodl some specific coins according to the development of their products and with about 1 - 10% I like to take a higher risk with leverage.

If you have been trading in the cryptocurrency market for many years, then you are a rather experienced trader and you can easily navigate the cryptocurrency market like a fish in water.  Of course I envy you kindly.  I’m just starting to learn how to trade and there’s practically nothing to say about my results. But the only thing I can say is that I become very motivated if I get a certain result from daily trading.  If I see that something is working out for me, then I always start to work with renewed vigor and with great zeal.  Although I also can’t understand what strategies traders can use, since the main rule is to sell more expensive and buy cheaper.  And the main task is to choose the right coin for trading, which during the day, with daily trading, fluctuates in price several times, giving a good percentage of profit.

I trade for years, but I don't have any special strategy! First trading is my hobby, second I don't trade every day, I don't have that much free time. I have fun when price makes some big move in either directions, when it drops hard I buy, after some time of bullish period I sell, bitcoin always recover! Sometimes it takes longer, but it happens, so I try to keep it simple. When I have time I like to have fun with day trading, but to be honest I don't make huge profit or loses, for me it's going better longing and waiting for some of my sell orders getting executed, and sometimes that happen in day or two and I make nice profit!

99% of the new projects are useless but when someone wants to find the remaining 1% of good projects and want to get maximum profits then they have to work for it which may needs lot of criteria to be researched of and trading volume is just a small part of it.

When you classify as random then it would be much better not to trade with them regardless of what are new criteria will be adding up. Most traders are just focusing on developing a stronger strategy but failing to choose the right asset to trade with. In my experience, strategy will be playing a minor role compared to what are the coins we are choosing to trade with. Because, you can easily find your strategies will be working fine on highly established coin rather than with a new coin.

Fake development team kind of things are easily made these days hence considering it is as a criteria to choose a coin for your trading purposes will lead to disasters.

But random tokens and coins have less chance to get recovered from the bear market so don't just follow this strategy all the time, better you add one more criteria like the market cap value of the token or coin is high and the development team behind the project is doing enough development to keep their investors holding it.

For me, i follow one of the simplest trading patterns. I highlight series of tokens, research about them, watch their indicators, follow the trend; then wait for a bear market to get in and buy the tokens; After which i place my sell order too depending on what the indicators shows.

Mostly do this with altcoin tokens on binance, kucoin and hydax.

The very most effective strategy with the current market situation is to buy and hold, with the pandemic resulting casualties outside the digital world stock market is declining and so the oil industry, the cryptocurrency market on the other hand has the resistance of the price from its decentralization core. Trading seems to be quite off these days but I, personally having a good gains trading in Binance. If there is one thing I need to point out with what I am seeing to a lot of traders today, that is the greed, most of them often running things within just a day having short temper and less patience on dealing to the market which causes them to lose more.

That must be very practical strategy every bitcoiner must need to follow. The only thing I have seen most people here are not having is, patience. Even they are well aware market fluctuations, they just want to try their luck which is most of the time ending up in negative results. Simply buying and holding bitcoin and few other coins definitely will get them big profits over the time but they do not having that much patience hence they all go for day trading.

If we realize that we cannot beat the market then we may never go for trading. We need to agree that making profit in trading is very much similar to beating the market. Market never allows anyone to beat it in easier manner. We need to work hard for beating. But, holding gets us to easier chances to beat the markets and its fluctuations .

One of my trading strategies is making investment while the market price of the coins is low and from the previous weeks the market price of the coins goes down and we called as a dip and by that it is good opportunity to make an investment while the market is low and one thing you should know when you are in trading go for what you can afford because most of the time people now are pushing their selves to make an investment. One of my basic strategy in trading is buying low and selling high because it is faster to make more earnings but take not I used the altcoins to make more profit because altcoins are one of the most volatile in the market and if I want to make more earnings for a long term bitcoin is good also find some application that is suitable for your needs for me I'm using the Binance and also the coinbase because they have good features for trading they always monitor the market price of the coins and also they aware their users with the help of notifications.

Agree 100% with you brother! You have to admit that you are a regular dude or dudette,,, and that we should not try to kid ourselves by thinking we are special and we can beat the market. We cannot. Just buy, save regularly and be patient, our day will come surely!

I tend to agree with this, day trading is very difficult to gain profit and aside from that, it is also a very high risk to manage. It's required for you to sharpen your mind when it comes technical analysis or any strategy you were use. Probably if you are expert in trading business job it is good to pursue in day trading and use trading tools like trading bot that might help you to watch the sell and buy point which isn't consume your whole time facing in front in your PC.

I prefer in long term trading maybe than day trading using my own strategy.

Agreed. Usually I look for several percent per trade, like 3-5% I think it my most common profit taking area, but if I'm getting worried about a drop I'll pull out at a percent or two.

Sometimes I'll try to do like a 10% trade but usually the price will move up and down in waves several times before it would end up hitting the sell order so I figure its better to try to ride those several-percent waves a few times instead of just waiting around. Basically I'd rather take decent money today than hope it keeps moving up for a big trade without moving down first.

Sometimes when I cancel that higher sell order it will like within a day or less shoot up to where my higher sell had been sitting haha (that happened today actually), but hey I made good profit selling lower and I'm making that daily income so it's all good. That's why I don't worry about missing out on most of a big move, because I'm just working the daily volatility. Riding daily volatility also helps to make me less likely to FOMO into a pump, because if the price pumps and most of my sell orders get hit I probably already made a bunch of money for the day, so I won't be too concerned about making a bunch more money that day and won't be getting risky trying to continue riding the pump hard to make a ton of money on it because that isn't what I'm looking for with this strategy.

So other than major crashes that get my trades stuck or force me to take a big loss I don't really care how the market is moving as long as it is moving. And of course I need to be practicing good risk management and striking a decent split between trading and patience...that is the hard part of trading!

Generally if I notice most of my money is in trades that's when I'll try to get out of a couple trades ASAP at a low 1% profit or something to mitigate the risk in case the market is about to drop.

Despite constantly making mistakes I find I can average almost 1% a day on my whole trading stash outside of major corrections. Still working on avoiding getting caught all in on huge market corrections like Black Thursday last month haha. I went from being $6k up for the year to $3k down for the year before I finally sold after the price rebounded to the $5000s. Today I just got back to $1k profit for the year after digging myself out of that $3k hole the past month ;P

I do more of day trading/ several day trading. I usually look for big moves at %5-%10 instead of day trading people who trade 5 minute candles. Although i am not a pro yet, any profit is good. If i could make %0.5 i would do it.

That's why you don't use a bot!

I wouldn't trust my trading to some bot. I get in and out of trades at usually 1-6% profit or so, of course only using a portion of my trading stash for any one trade. The most dangerous part is of course watching out for that big decline, which is why I said you gotta use some mid-term swing trading strategy at the more macro level to lighten your loads and be more risk averse when you think the market is reaching a resistance point and might correct downwards, though of course that is really just a guessing game but as in any trading strategy, risk management is the key. With good risk management riding that daily volatility can build up profits quick.

My method has been to buy using Bisq and hold.  I take 15% of my paycheques bi-weekly.  Never sell!

Small movements are never consistent which is why people are going for that bigger movement most of the time. Sure you could make 1% profits in many days but there is the fact that you may not be able to do that as well.

There are very very simple bots that literally buys bitcoin and sells at 1% profit and does that constantly, sometimes it buys and actually does sell when it has 1% profit and that is great, however there are times when it buys and bitcoin drops so it has to wait a long time before it can make a profit 1% again, remember this bot only does one thing and that is sell at 1% profit and if it goes down 40% that means it will still wait until it makes 1% profit. If that strategy was a good one, believe me everyone would use those bots and become rich.

At an early stage of learning about cryptocurrency, I chose a hold for myself. It was a simple solution that did not require special knowledge about trading. As a result, I received large losses from the altcoin hold after 2018. After that, I changed my strategy and started trading.

Holding is my successful trading strategy so far in this crypto space. I have tried daytrading and scalping but both were not profitable even I have subscribed to some paid signal services (by not having confident on my own research and analysis). Simply focusing on bitcoin and few other highly reputed altcoins and holding them for months to years, you can beat all the required knowledge and experience for making profits in trading.

Yes, you do not need any strategy like big knowledge and experience for making profits in this crypto space when you are opting for holding for years but only with highly reputed assets (means not with random coins)

Exactly. Not trying to beat the market is key I think. Sometimes of course you will like when you sell for profit and then there is a dip and you get to buy lower. But beating the market shouldn't be the goal, because that leads to FOMO, panic, emotional trading. Like if Bitcoin pumps hard and all your sells are hit and you are watching yourself miss out on lots of gains it is very easy to FOMO in and then suddenly you find the price dropping from the top of the pump and your trade is quickly negative. But if you are happy that all your sells got hit so you made a good amount for the day, then you won't make an emotional trade like throwing a bunch of your money into a possibly risky trade well into a pump.

Some people would say why trade if you aren't trying to beat the market, instead just HODL. But to me day trading is to make income. Most of my coins are long term holding, but that is money that I won't have access to for years because it's long term. Meanwhile, I can trade daily and make income regularly. The goal isn't (and shouldn't be) to beat the market, the goal for me is to use crypto's high daily volatility to make regular income.

Sometimes you need to push more to achieve your profit goal, for example you have a 24 hour trade deal but it's gonna be late to max the profit out, you need to push more than your plan so you could get your target. Plan does not go as planned, sometimes you need to make an another path that has the same ends as what you began. Risking 10% is good to me, but in my case I'd always like to risk more than that 10%.

Day trading looks profitable at the end of days, weeks but if you calculate the profits at the end of year it will be more or similar to the profits from mid terms trader or even holders so it is like you are doing too much work to climb the same height as an average trader.So you can invest that extra time into some other thing to make more profits.

My strategy is only HOLD for longterm, because when i do daily trade my emotion always control me. already search guide for trading but not work for me, so now i'm only HOLD major Altcoin. and yes my portofolio growth since last year.. ^^

One of the basic concept to make more earning into trading is using the trading strategy of buy low and sell high most of the people use this kind of technique to make more earnings because there is a huge chance to make more income, but still it is better to make choice on your trading If you make more profit in a single day you can do the altcoins trading because those are the most volatile, but if you want to make more a long term trading bitcoin are the suitable for that because it takes a lot of day and week before it makes a huge movement. Still it depends on the things you want to do to make earning.


It is good too to becomes more observer and make a trade rarely because you know your self and your calculations about the msrket movement and if you think it is time to buy go for it and hodl for a long time and wait for the right time to sell and get a huge profit, still it depends on your trading techniques if this kind of trade makes more effective. Also don't get make any panic selling if you think you made a mistake on your trades still it is good to hodl to avoid getting lose more when you sell in a wrong timing.

My mindset is not to beat the market but to hit my profit goal and that makes me more a stable trader. You don’t have to complicate your trading strategy, all you have to do is learn the basic things and do it right. Trading is about 10% execution and a 90% of trading discipline, we have to be more better as a trader and that can be your good strategy.

I'm part of those 10% who actively buying and selling cryptocurrencies or in a simple term I do trading. Before I did hodl and for me it is not profitable when the bearish market strike. Hodl is good but we should do it when the market is bullish because buyers are in control. Actively buying and selling cryptocurrencies are not simple and it is not easy, if it is easy for sure most of people will also do it but the reality the risks are so high and only few people manage to handle the risks very well. I sometimes do range trading but my strategies depends on the trend of the market.

It works in two ways for me although I recorded more success when I just buy and hold then sell to take some profit when  I see the an opportunity like most pumps that if you have observe the market for quite some time you could easily identify them as spikes and not healthy market growth that in matter of hours they'll retraced back.

My first trading strategy has to do with buying on fud, when there's panic in the market that's when I step in to get some cheap coins. I don't always get my timing right but in situations like that I result to holding instead of panic selling. I differentiate my trading coins from my investment ones that obviously won't be disturb for a very long time.

My second strategy has to do with buying the rumor in anticipating for a spike. I'm more of an occasional trader, I hardly trade on a regular base but don't miss an opportunity when I see one.

10% of active traders beat the market, and of that 10%, just 10% of them beat it to make it their profession. We're the 90%. The plebs.

The only path to success for plebs is to, buy the dip and HODL.

For you lovers of the trade, what's your go-to trading strategy?

Personally I just go after daily volatility. Day trading can be dangerous as it means you're constantly getting into trades so when prices suddenly plummet for weeks or months you can be left holding sinking bags, as opposed to something like swing trading where if the price plummets after a pump you still have time to get out with profits. But I think you can lessen the risk by incorporating a swing trading macro strategy on top of day trading - by which I mean if you look at the slightly more macro/mid-term level like a swing trader would you can lessen your trading when it looks like resistance might push the price down and you can be mostly in cash set at lower buys in case the price does drop.

Still risky and you still need a good amount of luck and more importantly very good risk management, but I find that there is so much daily volatility much of the time that just playing off that is a recipe for consistent daily gains which turn into big gains over the long term.

And when I say going after daily volatility, to me it is key to not worry about beating the market, that way you don't FOMO in after you miss most of a big move. If everything shoots up 10% in a day and you only catch 2% of that it's easy to think you did a terrible job. But if you are just riding daily volatility it doesn't matter if you miss the vast majority of a major move, as long as you got a tiny bit of it and don't FOMO in and get on the wrong side when a correction comes and you keep up those daily gains that is all that really matters.

1% compounded daily gains doubles your money every 70 days. If you're able to do half that over the long term that's doubling your money in less than 5 months (139 days). I'm all about that daily volatility gains.