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What is best strategy for crypto trading

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Before 2018 it was easy, the best strategy was hodl.
I'm not sure this is still the case for the majority of cryptos unless there is still a bullish bubble like in 2017.
Now it takes a lot more learning to find a strategy that works for yourself.
Above all, you have to follow the news constantly and not only for cryptos because all the news can influence cryptos such as the subprime crisis in 2008 or the Covid currently.

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On 11/19/2019 at 5:44 AM, giash crypto said:

Can anyone suggest me some profitable trategies? Iam currently trading breakout. Iam an experianced trader but still in loss. Pls share your strategies.

Hey friend, I don't know about trading, I don't know anything at all, I see it for the brave, I think that if that is based on strategies, change them a little, it is not my opinion, turn the table, greetings

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Many say that the best technique is reasoning, and they are right, it is important to see where the market is moving and this is done mainly with technical analysis, one or another indicator can help, but the main thing is the trend.

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3 hours ago, tanvir0099 said:

The main strategies in crypto currency trading are "buy low and sell high" and "buy news and sell rumors".

This is good strategy to have good results for crypto trading.
Besides, it also works well with stocks.
But it's need to be patient, to survey constantly news and acting like a sniper when an opportunity arises.

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I can recommend long term investment rather than trading if you are a patient person. It is less affected by fluctuations and rises in the market. I think it brings high profit.

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There is no single strategy through which you can earn money because you must rely on more than one strategy in order to be completely sure of the entry and exit points and achieve profits.

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The most important strategy in trading is to follow the market for a long time to gain experience with market movement in addition to technical analysis of the currency

Also, don't put all your money into trading and avoid shady deals

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Hello good morning. Swing trading is another frequently used strategy. Swing trading is particularly well suited to the crypto market due to its volatility. Cryptocurrencies like Bitcoin often swing aggressively up and down in the span of a few hours

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i think that you learn some courses about trading, then choose good / strong coins and choose good exchange in trading. do not using all your capital in one deal, start to buy with 10% then buy another time if the price down with 20%, for do not lose your deal

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At first I suggest you to take enough knowledge about Analysis. You should master the fundamental and technical analysis and then you can go for market research. And Talking about strategy if you are dealing with alts always be focused to btc price as altc rely heavily in Bitcoin price. You could try arbitrage and take some profit if you are really having bad time in other strategy.

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NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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The best strategy is to be patient when trading. mainly when you buy any coin and if the price go down again then you should be patient to increase the price.

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For me, 

My best strategy is buy crypto when market go down and sell them when they give me lot of profit.

I will not buy any crypto when the market go up or across

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First you also know trading is risky, so invest which amount you can easily bear. There are a lot principle of trading, like dont put all money in one coin or exchanger, control on your emotion and be patience.  Do more technical analysis of any coin yourself and check its histroy, its volatility and then start trading. 


                           

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The strategy i read most of the time is holding it until the price goes up. But crypto coin when price is low, then sell it when the price goes up. Always check the movement of the coins you want to buy so you will know if there is a chance that it will pump or dump.

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If you have a lot of free time. Try a scalping strategy. It takes a lot of time and the profit is not very large (regarding to whom as). But the losses are very small.

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My strategy is to follow the market and news very tightly and try to use Delta hedging techniques and increase my short / long position in accordance with market sentiment. When the price goes down we don't panic or worry if the price goes down we have to be patient.

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Long-term traders buy and hold cryptocurrencies over a long period. They may hold a cryptocurrency for weeks, months or even years. Studying price trends over a long period allows long-term traders to make informed decisions and avoid suffering from short-term dips in value.
If you believe the value of a cryptocurrency will grow steadily over a long period and don’t want the stress that comes from short-term value dips, then this method might be your best choice.

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With a short strategy you make money when the share price goes down. You must first borrow a stock you don’t own. You then sell that stock and now you have a short position. When the share price goes down, you buy the stock back at a lower price than where you sold it and you make a profit. If the share price goes up, and you buy it back at a higher price than where you sold it, you will have a loss. After you buy the stock back, you must return it and pay interest for borrowing it.
 

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On 10/12/2020 at 7:14 PM, nochemand said:

My investment strategy is just investing in top 20 cryptocurrencies which is have good fundamentals. If I trade I use a short term and long term strategy. Short term for altcoins that cost easily to go up like Tron and Tezos and long term for coins like Bitcoin and Ethereum.

Diversified investment is useful but dividing your capital between 20 coins is a little on the high side. When the number of coins are higher than a certain level, it will just bring confusion and fatigue. In general, your strategy for altcoins is right but treating BTC as a long term coin is wrong because sometimes it moves even faster than altcoins. You have to adapt your strategies to the behavior of the coins not the coins themselves. Sometimes, you will have to apply two or more strategies to treat a single coin because crypto coins have so many different moods.

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There isn't any strategy as the best when it comes to crypto trading, the best strategy depends on the situation at hand, and the level of risk one is willing to take, but I think for beginners the best strategy to adopt is the short term trading, with these one would be able to minimize risk while maximizing profits!!! 

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With a short strategy you make money when the share price goes down. You must first borrow a stock you don’t own. You then sell that stock and now you have a short position. When the share price goes down, you buy the stock back at a lower price than where you sold it and you make a profit. If the share price goes up, and you buy it back at a higher price than where you sold it, you will have a loss. After you buy the stock back, you must return it and pay interest for borrowing it.
 

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Short-term trading eschews the stability of long-term trading for the possibility of taking advantage of short-term price swings and involves buying and selling cryptocurrencies over the span of a day or a few hours.
If you’d rather take advantage of the characteristic volatility of cryptocurrencies by getting in and out of a trade quickly, then this method might be for you.
 

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Diversify your trade, try to minimize the trading cost, watch trading times, always updates yourself with the moves of market these are some tips, these may help you.

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My strategy is to follow the market and news very tightly and try to use Delta hedging techniques and increase my short / long position in accordance with market sentiment. When the price goes down we don't panic or worry if the price goes down we have to be patient.

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Regarding the forecast for the near term, as of the evening of 10 May, it is maximally neutral: 50% expect dollar strengthening, and 50% expect its weakening. Trend indicators on D1 are equally divided: half are on the side of the reds, and half are on the side of the greens. Among oscillators, only 10% voted for the reds, another 10% remained neutral, and 80% voted for the greens (although a quarter of them are already signalling overbought conditions). The nearest support for the pair is located in the 1.0710-1.0725 zone, followed by 1.0650, 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are in the regions of 1.0795-1.0810, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, and 1.1100-1.1140.   In the coming week, on Tuesday, 14 May, consumer inflation data (CPI) in Germany and the Producer Price Index (PPI) in the US will be released. Also scheduled for this day is a speech by Fed Chair Jerome Powell. The next day, Wednesday, 15 May, important indicators such as Consumer Price Index (CPI) and retail sales volumes in the United States will be published. On Thursday, 16 May, the traditional number of initial jobless claims in the US will be announced. And at the very end of the working week, on Friday, 17 May, we will learn the Eurozone CPI as a whole, which may influence the ECB's decision regarding the euro interest rate.   GBP/USD: Pound Remains Under Pressure but Holds On   At its meeting on Thursday, 9 May, the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. 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The chart shows a distinct surge on Thursday, 9 May, triggered by data indicating a cooling US labour market. The pound was also supported by optimistic GDP data for the UK for Q1 2024 and manufacturing sector data for March. GDP (quarter-on-quarter) rose by +0.6% after a decline of -0.3% in the previous quarter (forecast +0.4%). Additionally, the GDP grew by +0.2% year-on-year, recovering from a fall of -0.2%.   As with the euro, the pound is under pressure from the prospect of earlier monetary policy easing by the BoE compared to the Fed. However, the British currency ended the past week above the key 1.2500 level, at 1.2523. Moreover, 65% of analysts expect the pair not only to hold above this horizon but also to continue its growth. The remaining 35% voted for the pair's movement south. As for technical analysis, trend indicators on D1 are split 50-50. Among oscillators, only 10% recommend selling, 40% took a neutral position, and 50% recommend buying (10% of them signal overbought conditions). If the pair rises, it will encounter resistance at levels 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900. In case of a fall, it will face support levels and zones at 1.2490-1.2500, 1.2450, 1.2400-1.2410, 1.2300-1.2330, 1.2185-1.2210, and 1.2070-1.2110, 1.2035. The upcoming week's calendar highlights Tuesday, 14 May, when data from the UK labour market will be released. Also of interest is the Inflation Report hearing scheduled for Wednesday, 15 May.   USD/JPY: $50 Billion Interventions Wasted?   It seems that until the Bank of Japan (BoJ) takes confident and clear steps to tighten its monetary policy, nothing will help the yen. At its meeting on 26 April, the board members of this regulator unanimously decided to leave the key rate and QE program parameters unchanged. 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The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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