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Topic: Your strategy in trading - page 12. (Read 2129 times)

full member
Activity: 588
Merit: 100
March 06, 2018, 03:41:24 AM
What is your strategy in trading? When you buy any alt coin how long do you hold and on what percentage you sell it?
Trading is another awesome way of making money on crypto. Actually, almost regardless of the way you got your coin, you still trade it. Now, I trade by first of all identifying the coin I want. If you don't perform checks on the coin, you'll get scammed (happens when some group of people try to pump a coin, you go and buy in a hurry, and then they dump it on you, and that's the end for you). I also try to avoid greediness. Sometimes you have to sell off some profit you've made (say from 20% and above) and then continue with the rest. I also do not trade all my money in one coin. That is very good, because it is not advisable for anyone to invest all his money in one thing. Spread them throughout. And when I buy any altcoin, I hold on to as long as I can for it to reach about 20%+ more than when I bought it, or I can trade it a lower price but not cash it out, but rather use it to trade in an interesting coin to recover losses.
sr. member
Activity: 658
Merit: 251
March 06, 2018, 03:40:45 AM
What is your strategy in trading? When you buy any alt coin how long do you hold and on what percentage you sell it?


There's no a specific strategy for me. It depends on my time, how much money i have and what is my target (Daily, Weekly or Monthly Profit).
If you don't know exactly what the status of crypto market is, hold for short/long term investment and don't confirm your lose by selling.
member
Activity: 294
Merit: 15
March 06, 2018, 03:26:23 AM
Being patient and waiting for market to go down amd then buy and wait
member
Activity: 294
Merit: 13
AMEPAY
March 06, 2018, 03:13:54 AM
Analysis! Any strategy is developed on the basis of analysis. First you need to analyze everything and then do it
copper member
Activity: 462
Merit: 100
March 06, 2018, 03:00:59 AM
I am also doing trading but i buy good quality low priced stocks at dip and hold till the market start next up movement because after a sharp downfall a good upside always happen and that give me always good profit. Only long term holding in quality coins will give better returns rather then trading so i do both trading and holding.
I think the price is fundamental point. Of course, we can sell it higher than the price, when the price of the rise higher than that, I can have a good advantage ... ..
sr. member
Activity: 980
Merit: 250
March 06, 2018, 02:40:42 AM
I am also doing trading but i buy good quality low priced stocks at dip and hold till the market start next up movement because after a sharp downfall a good upside always happen and that give me always good profit. Only long term holding in quality coins will give better returns rather then trading so i do both trading and holding.
newbie
Activity: 154
Merit: 0
March 06, 2018, 02:37:27 AM
Before invest any  coin, I have to know coin track record history at least a year before and the volume for today. After that, see where is the third top/ bottom price action to decides stop loss and take profit area. Start buy and hold, mostly 2 - 3 month and take profit. Just like that
full member
Activity: 448
Merit: 102
March 06, 2018, 02:28:49 AM
It depends upon how long you want to hodl and sell. If you want to hodl for longer you will get more profit. It also depends upon your necessity. As for me, I have invested some in some altcoins, and am planning to hodl for quite one year. Thereafter I will see the market scenario and decide what to do afterward.   
In trading, you cannot hold your coins for a longer period of time. You have to go for selling of your coins soon at time when the market value of the coin starts going up and then again buying the similar coins at time when the market value drops down. This way you will be able to earn some good profit out of trading and this is the technique which I’m following for now in order to have some good profit.
newbie
Activity: 61
Merit: 0
March 05, 2018, 12:43:01 PM
Depends on the Altcoin. Do they worth it? Are they going anywhere soon, what marketing they have, what APP, is it ready. How many people know about them and did they reached Hard Cap. Answer these questions and decide for yourself what you are going to do. You can sell 50% right away or wait few more months 4-5 and sell more or all of them. I think you should hold at least 10% for 2-3 years.
newbie
Activity: 154
Merit: 0
March 05, 2018, 12:36:31 PM
I rely only on the technical analysis of the charts (of course, when there are some manipulative declarations from politicians I take them in consideration).
Btw, I saw that Elliot waves are the best tool in predicting the market movements.
full member
Activity: 364
Merit: 100
March 05, 2018, 07:19:36 AM
Follow the trend, short in bear market and long in bull market. Mainly trade the top20 coins. Study charts and order books.
member
Activity: 350
Merit: 12
March 05, 2018, 07:10:38 AM
I don't have a special strategy; I just read the forum, listen the news and if I think that something will happen, I take a decision.
I don't look too much to the charts, because the usual anaylitic tools are not working in crypto.
full member
Activity: 308
Merit: 100
March 05, 2018, 07:10:07 AM
For the time that I'm familiar with crypto-currencies, I realized that trading on short distances brings me losses. Because now I allocate only 20% for trading on short distances. And I'll keep everything else for a long period.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 05, 2018, 07:09:40 AM
we need to update our strategy in trading because the situations is not the same in every time and we need to have a way to prevent if something bad happens. although my strategy is holding bitcoin for a long time, I always make a short-term strategy which I can use to make a profit in the short-term too. besides that, I think if we can do analyze each of coin then I think we need to have another strategy to try to make a profit.
newbie
Activity: 196
Merit: 0
March 05, 2018, 07:07:47 AM
digital money market is very variable. There is always something new happening. you need to make a lot of effort to do daily trading. you need to better analyze the graphics.
jr. member
Activity: 196
Merit: 1
March 05, 2018, 06:47:47 AM
I am not sure of the percentages but I prefer to make long term investments in this market for a long time and I can say that I have overcome all my troubles in monetary terms my strategy is to always stay calm and be brave
member
Activity: 158
Merit: 10
March 05, 2018, 05:40:30 AM
Many people buy coins with cheaper value and sell when price increases to profit. But it's up to you couple just set a percentage gain before you sell your coins, and do not wait too much if you do not have a large amount.
sr. member
Activity: 504
Merit: 250
March 05, 2018, 02:50:13 AM
My strategy is always crystal like clear always wait for low price and buy when price is low and hold it for some time.My first priority is BTC & ETH.I know that as usual i can receive much high return in investment of these coins.I always prefer long term investment in these two coins,both are reliable and highly rewarding.For short term trading i prefer XPR,XMR,NEO,LTC etc and do day trading and receiving considerable profit and use my profit in BTC & ETH.I keep my knowledge up to date about the projects activities behind these Altcoins and get idea which coin is going to appreciate in future so i prioritize my strategies according to that situation.
jr. member
Activity: 192
Merit: 3
March 05, 2018, 01:56:47 AM
Many novice traders can choose a strategy that works theoretically, but they end up making the wrong / hurried decision when they begin to see a massive change in price.Therefore, choosing the right strategy is one of the first steps to ensure that you have made trading right at the right time.If you are only aiming for a quick profit from the Bitcoin price movement in the short term, then you will see some strategies that are shared on new posts as the basics of bitcoin trading. Tracking indicators such as support, resistance, and moving averages can provide a good idea to make a purchase or sale. Combining multiple indicators into your own trading strategy will usually be the best recipe for success.
If you choose a different indicator to track the bitcoin price every day, then you should make sure to re-test your strategy before you involve real money into your game.
newbie
Activity: 112
Merit: 0
March 05, 2018, 01:48:47 AM
I am not selling my any coins, just hold and wait for long term. I generally prefer to hold coins with low prize but has chance to rise in a few years. And some of my coins are from bounties I sold them if their prize is enough high for me or buy different coins with them to hold.
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