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Topic: Which strategy you apply in recent bullish market? - page 2. (Read 1380 times)

legendary
Activity: 2674
Merit: 1048
Indeed there is no sign for us to know where the price will go, but I often use the strategy when I have got profit I'll keep an eye to the market and also to the new will come. It's hard way maybe but that is works for me, then I look also to the my technical analyst be it I see the candle itself to predict the price will continue to up or will go down, it will be seen as far as I know.
sr. member
Activity: 2156
Merit: 323
As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.

It means that you are a very cautious person. Probably, it is a good tactic, but you will never earn with it too much. It is better to search for new ways of making money on crypto.
Everyone has individual tactic, at that point he will likely be correct. Still a long shot, but who knows anything is possible. Every single individuals aren't like taking risks, bold step may give us a decent return. I should comply with his methodology, being optimistic about cryptocurrencies is our job.
legendary
Activity: 2212
Merit: 1008
As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.

It means that you are a very cautious person. Probably, it is a good tactic, but you will never earn with it too much. It is better to search for new ways of making money on crypto.
jr. member
Activity: 52
Merit: 1
If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously  cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin?  If yes Then please explain here so that we can earn profit also.   

It seems to me that trying to catch each coin before being pumped is an impossible job, because in a market where there are thousands of coins subject to a potential pump of great magnitude it would be necessary to be seer or fortune-teller to choose the right one in advance, or to have a great capital to buy many of them, hoping that one of them gives us the expected dividends.
sr. member
Activity: 924
Merit: 260
My strategy recently was just support and resistance, with RSI indicator. I am more on swing trades, observing the supports if  it breaks, then I go short but I also consider the previous support/resistance and the RSI of it. And in resistance, waiting to break with confirmation before entering for long trades, it's so risky to catch knives now, you'll get rekt.
Since the market is ranging I think support and resistance level through scaping is the right thing to do now in trading.  Because of what has happened in the past,  traders are ready to take profits no matter how little it is.
sr. member
Activity: 1246
Merit: 250
I try to dump whenever there is a big dump and set low buy orders overnight to hopefully increase my trading stack.

I only use a small amount of money for trading because it is extremely risky and it really sucks when you sell a large amount and the price never drops back to those levels. Lips sealed

I think that could be a good strategy because it uses when the price of a coin in the exchange falls and certainly it can give you the opportunity to buy coins at a cheap price, take advantage of traders who are easily panicked and buy as much as you can.
hero member
Activity: 1190
Merit: 500
As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
There are good signs of a bullish market and I agree with you on your opinion, though the market is currently up especially bitcoin but most of us still will not sell since we bought at a higher price and this increase is not enough to give us good profit. For all of us to be satisfied bitcoin needs to surpass its ATH by creating a new and it's expected we will see an altcoins big rally that time.
for the current conditions it has not been confirmed about the arrival of bullish or the end of bearish. but the OP asks about the strategy applied when bullish, and it has nothing to do with the current condition #imo
I think the best strategy when bullish or before bullish is to collect as much bitcoin as possible and wait until ATH
hero member
Activity: 1120
Merit: 554
I try to dump whenever there is a big dump and set low buy orders overnight to hopefully increase my trading stack.

I only use a small amount of money for trading because it is extremely risky and it really sucks when you sell a large amount and the price never drops back to those levels. Lips sealed
copper member
Activity: 294
Merit: 1
Particularly I avoid coins with such high gains or more in day, they are very slow to recover if you miss the sell and they dump. The idea is not to get to greed, buy the comfortable red candles and sell the green top and repeat, use of stop loss is equally important If I have a trade and it has not yet in profit and I decide to take my eyes off it. The only challenge is that there is no exchange that has the take profit and stop loss ability at the same time. Would have loved to place both and it makes sleeping trading swift
hero member
Activity: 1008
Merit: 501
First I want to say, still market on bearish mode. We can't call it bullish market. Altcoin just start recover. You can get profit but its bit risky. We don't know which coin will recover now. But I like to buy on dip, so we can expect recover and get some profits as well. Those coin already recovered there is risk to entry that coin. So choose a potential coin which isn't yet recovered.
It seems to me that today it is very difficult to make a choice among all existing coins, because the unequivocally poor state of the cryptocurrency market will make certain adjustments in the development of many projects. I think that today the risks of losing your funds have doubled compared with previous years.
Then either you take your luggage and leave this world or if you are to stay, deal it with determination and bravery. Risk taking would make great traders. Although the market is down but you can hundreds of people earning money. They take this problem as opportunity and making huge profits. Altcoins and bitcoin, two choices, both are potential carrying, just need a bit wise strategy and firm planning to withhold all storms of market.
hero member
Activity: 1050
Merit: 529
Student Coin
As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
There are good signs of a bullish market and I agree with you on your opinion, though the market is currently up especially bitcoin but most of us still will not sell since we bought at a higher price and this increase is not enough to give us good profit. For all of us to be satisfied bitcoin needs to surpass its ATH by creating a new and it's expected we will see an altcoins big rally that time.
full member
Activity: 1218
Merit: 112
As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
legendary
Activity: 2982
Merit: 1028
it sounds like you want to say 'bearish market' the bullish market has more profit to offer, the only thing i do in that condition is trading only on those token that are high(pumped) i divide them for use and retain little. but if i have a big project to go into, i sell a whole project and forget about it,and work harder for more.
The simplest strategy is buy and hold, it is utilized by most investors. It aimed at profits from a sustained bull market. It's also a safe bet for newbies in trading. The other ways to maximize profits in a bull market is trying to buy on pullbacks. In this way we can get a better entry price, and at the same time, we also can get the chance to use a smaller stop loss. It is best to build trading knowledge and develop smart trading strategies.
No body can say that they only have earn this market, but now a day only trading is really good, so we should buy and invest our money for trading it will keep us safe from bearish panic selling, but if you see the market is approaching the bullish we should ready our coin to trade or sell, as we know bullish comes really for short time period, so just grab the opportunity.
As you said, grabbing opportunities in cases like this, as market really away a lot, being prepared and always take your position to favor you is the right thing to do, selling when you already have a good percentage of profits, stop being greedy if you are working with short term trade, grab every moment that allows you earned.
hero member
Activity: 2828
Merit: 611
it's very unfortunate if you sell your assets when bullish has just begun, of course the best strategy is to keep holding back,
and even highly recommended to buy more, collect as much as possible, until you find ATH, and sell right then.
It has been around more than a decade since the crypto market has been full of investors and almost everyone who has studied the crypto market knows that it is just not possible to make money overnight by speculating in any coin. You have to give it some time. One can make some good money in crypto by speculating and holding the coins for over some years and only then a rise in the value could be considerable.

I mean just looking for ATH for bitcoin kind of high potential coin may let you regret for selling earlier. You must keep holding or you should not exit completely.
member
Activity: 685
Merit: 14
When the news spread saying bull trending starts people will start investing on their favourite coins and some guys says buy and HOLD strategy to follow and make money but investors are never choose the top ranked in my view.
they will pick the best coins which have the opportunity to grow more in the marketplace. If that growth is there on bitcoin we can invest on that else we can choose the token also which can grow well in the marketplace.
sr. member
Activity: 994
Merit: 256
it sounds like you want to say 'bearish market' the bullish market has more profit to offer, the only thing i do in that condition is trading only on those token that are high(pumped) i divide them for use and retain little. but if i have a big project to go into, i sell a whole project and forget about it,and work harder for more.
The simplest strategy is buy and hold, it is utilized by most investors. It aimed at profits from a sustained bull market. It's also a safe bet for newbies in trading. The other ways to maximize profits in a bull market is trying to buy on pullbacks. In this way we can get a better entry price, and at the same time, we also can get the chance to use a smaller stop loss. It is best to build trading knowledge and develop smart trading strategies.
No body can say that they only have earn this market, but now a day only trading is really good, so we should buy and invest our money for trading it will keep us safe from bearish panic selling, but if you see the market is approaching the bullish we should ready our coin to trade or sell, as we know bullish comes really for short time period, so just grab the opportunity.
sr. member
Activity: 1078
Merit: 256
Just hold the coins if the price of your coins increase which can be capable of giving more profits than trading it in short term while the market goes bullsih.If you are day trader it is not going to affect much because you can only make profits from sideway movements.
There's differences between the line, as traders have it's own understanding and they have different points of views, long term traders loves to maximize the profits that they will gonna generates so from the bull trend they will hold and push for more, unlike day traders / short term investors, they will be
happy enough to generate decent and quit instead of waiting for more time.
hero member
Activity: 1148
Merit: 504
my experience in th bullish market was that the 2x price in the ethereum market since december 2018 i bought  when it was at 70 and sold in the 140 usd last month i think it was my best experience int he crypto market.. im prayin for another bear market right now.... just think we have to do the opposite the other people are doing... i thinks thats the trick and control your feelings

Well good luck. I don't think there's going to be another bear market the scale of what happened last year this quickly. Good for you you didn't lose hope in ether since back then a lot of people were counting it out for this year already.
This is no doubt we are going to have Bull Run in the days or months to come. The reason behind why we would have a bull run is the crypto market cycle and other factors that could push the market up. Like you did, my strategy in the crypto market would be to cash out once I am 3X because keeping in mind the pace at which the market is rising; I think Bitcoin is going to go high.

There will be no need of any special strategy for a long term holder as in this recent bullish markets, we are seeing many good altcoins are becoming cheaper and this must be a right time to buy and hold them. I am simply following same long term strategy across all types of markets.
For me too it is good to keep holding because price has recently start rising and it will rise with the passage of time, I know there are so many coin in the market with different prices but we will have to choose the only one which has the promising future, now a day holding is the only best strategy to overcome our lose, buying more at cheap and then holding until it recovers the fallen price.

Right, it's very unfortunate if you sell your assets when bullish has just begun, of course the best strategy is to keep holding back,
and even highly recommended to buy more, collect as much as possible, until you find ATH, and sell right then.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
it sounds like you want to say 'bearish market' the bullish market has more profit to offer, the only thing i do in that condition is trading only on those token that are high(pumped) i divide them for use and retain little. but if i have a big project to go into, i sell a whole project and forget about it,and work harder for more.
The simplest strategy is buy and hold, it is utilized by most investors. It aimed at profits from a sustained bull market. It's also a safe bet for newbies in trading. The other ways to maximize profits in a bull market is trying to buy on pullbacks. In this way we can get a better entry price, and at the same time, we also can get the chance to use a smaller stop loss. It is best to build trading knowledge and develop smart trading strategies.
hero member
Activity: 2604
Merit: 816
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Wow hoy many different strategies. Mine is try to trade only with the top 10 because shit coins can be easly manipulated and and can led tou to take worng decision. Its part of experience had show me in the 2 years i have in the crypto world. And if u dont get the wave in time. Dont force it. Just wait for yhe next one. Is just about being patient.

Good job dude its better to trade on a safe one like the top 10 altcoin on coinmarketcap, my strategy to this bullish situation I converted my Bitcoin into Usdt the I trade to eos,bchabc, xrp, vet and iost this myfavorite altcoin with a lot of good potential.
Like youdude I stay away from shitcoin that can easily manipulated by a big whales.

That could be a good chance to see one of the top 10 of the altcoin will increase and decrease so you can trade and make a profit. Trading usdt pair altcoin is good too, and that is a good option besides of trading btc pair altcoin. And in the bullish market, I am sure that the price in usdt for every top 10 altcoins will increase too so I think when you can get the coin at the low price, you can sell whenever it increases.
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