What's Your Strategy? - Page 2 - Trading - CryptoTalk.Org Jump to content
williamz902

What's Your Strategy?

Recommended Posts

On 12/7/2019 at 8:31 PM, SCB1234 said:

No I calculate my profit every single time I enter a position. Usually I am targeting a % I trust will happen, but things can change in minutes or hours, so I want to be familiar with what the minimum would be in case I think it is wise to take less and walk away with profit. This happens probably 10 times/day for me.

oh so it turns out. I'm starting to study with small capital now. I tried to buy doge coins and sell them at a price higher than 1 point. But it seems like the local exchangers in my country are a bit small in the volume of doge trade. Do you have a suggestion that I should trade in which other market?

Share this post


Link to post
Share on other sites

My strategy is to study price movement patterns of every coin I want to invest in. I use CoinMarketCap charts and data to see which coins have more volatility and how their prices have fluctuated during the past years. When I learn the common price range, I wait until the price goes down to reach somewhere near the bottom and then I buy that particular coin. Then I wait until the price goes up to reach the maximum amount according to previous records. This is my ideal strategy to find the best time for trading any coin with the lowest risk. I also read news and price predictions on a regular basis to know which coin is more likely to experience price increase.

Share this post


Link to post
Share on other sites

I think my current strategy is still BTC, ETH, and I am following TRON, the trend may be many other coins, but for the time being I look at the chart to come up with a buy and sell strategy.
good luck

Share this post


Link to post
Share on other sites
On 10/14/2019 at 7:46 PM, iloveyobit said:

simple , buy in red candle , sell in green , buy when other panic , sell them when they feal safe , and never panic , trade without your emotion and good luck 

That's quite vague, assuming there are a thousand red candles, so you're saying to buy a thousand times. There does not seem to be a logic in that and every red candlestick in the chart does not mean that people are panicking or a green candle, the people are confident.

My strategy is to deploy Bollinger Bands over the daily time frame and with RSI to agree on when to buy or sell.


 

 

Share this post


Link to post
Share on other sites

Wel if i think the current price of the coin i trade is not stable or too low then i will just but more coins and when the price rise then i will sell it but of course with a satisfying price. 

Share this post


Link to post
Share on other sites

Your business strategy is to make your own arrangements. You have to decide how to do business. When do you buy currency, how long will you keep currency, how do you change it. When or how will you buy a currency, you will have to make your own. Have you been successful using your technique?

Share this post


Link to post
Share on other sites

My strategy is in day trading i really focusing and preparing myself before doing trading. and the best thing that i do is dont be greedy. some of the traders major loss is because their greedy.

Share this post


Link to post
Share on other sites
3 minutes ago, Whydoyoucare said:

My strategy is in day trading i really focusing and preparing myself before doing trading. and the best thing that i do is dont be greedy. some of the traders major loss is because their greedy.

I'm absolutely convinced with you. I'm a beginner, can you give me some advice?

Share this post


Link to post
Share on other sites

I think practice will make you can answer all the question, try to take one coin you like and trade use demo account. From there you will get experience as basic knowledge to decide what the best for you, just try it demo account will not kill you.

Share this post


Link to post
Share on other sites

My strategy in trading is buying in deep and sell in high this is the best strategy you have known which coin is in deep possession and then buy and when high sell it simple strategy 

Share this post


Link to post
Share on other sites
21 hours ago, Cryptominded said:

That's quite vague, assuming there are a thousand red candles, so you're saying to buy a thousand times. There does not seem to be a logic in that and every red candlestick in the chart does not mean that people are panicking or a green candle, the people are confident.

My strategy is to deploy Bollinger Bands over the daily time frame and with RSI to agree on when to buy or sell.

The meaning of my words is far beyond what you think. What I meant was that you avoid buying when the FOMO happens. Buy it only when the price comes down to a strong support point and this will of course be in the red candles. Thanks for your strategy.

Share this post


Link to post
Share on other sites

My strategy is very simple when Bitcoin dips two to three percent, all altcoins dips 8 to 10% then to buy the altcoins .when Bitcoin dips 5% to 7% altcoins dips to 15% to 20%.and when Bitcoin dips To 7% to 8% altcoins dips more than 20%. so I keep money converted to Bitcoin and when these things happened like earlier I said I start buying altcoins and sale it it before another down happens after good ups.

Share this post


Link to post
Share on other sites

For my self I usually do the simple strategy that I invest in dominant pair and keep eye on updates in market and the if I get some profit then I keep myself stop. Then after market anaylsis I do start again.

Share this post


Link to post
Share on other sites

Patience is my strategy.you need to be patient when you are trading because trading requires patience and the right move at right time.

Share this post


Link to post
Share on other sites

My next paycheck is to buy more coins with the money I have, I will invest in bitcoin tieeos and wait for it to get really high so I can sell it to get back the profit I invested too much in it.

Share this post


Link to post
Share on other sites

my strategy that have been working for me for 2 years now is i always buy coins during the weekends because thats when the market dump and i specially wait for red Mondays just like we recently saw bitcoin dump on Monday so i wait for Monday to confirm if the market will be bearish or bullish.

Share this post


Link to post
Share on other sites
On 10/14/2019 at 5:21 PM, williamz902 said:

I'm interested to find out what your trading strategy is. For example, when or how do you decide which coin to buy, when to buy it, how long to hold and when to sell? This question is specifically directed at day traders, not to people who hold for months and months. Have you been successful with your strategy?

I am not an expert trader but i do earn profits,i dont have any specific strategies,i just use the chart history to know if tgat coin is good to buy now,i also do some research about news on specific coin to know if its worth buying for.

Share this post


Link to post
Share on other sites

My strategy to analyse the market is just simple the support and resistance and also i use the indicators to analyse the market like this i am sure about the market and also i see the market candles like this some time indicators are not work properly and we are not analyse the market properly.


                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

 

Share this post


Link to post
Share on other sites

My strategy is still waiting to see if there are any major moves because I'm currently keeping some of the top 10 coins and aiming to increase them by 2020.

Share this post


Link to post
Share on other sites

The price of bitcoin is falling, so either wait for it to fall, or buy it now and wait until it grows, but the current can go against what you want.

Share this post


Link to post
Share on other sites
On 12/25/2019 at 9:29 PM, Ms.o said:

I am not an expert trader but i do earn profits,i dont have any specific strategies,i just use the chart history to know if tgat coin is good to buy now,i also do some research about news on specific coin to know if its worth buying for.

thats exactly what most of us do as we dont use any indicators those experts are using we just check the chart and see if the coin is at or near the bottom and buy it.

Share this post


Link to post
Share on other sites
2 hours ago, huyscoi40 said:

i only buy famous currencies like btc ltc eth, i like to fix errors when the price of a specific currency is low on the market, just watch the market if you see a price drop above 10% is a great opportunity to buy

Well, man, you have a point there, but I have a concern why my post is in a different languages? Did you do it, or its just me? Its a little bit confusing, so this is the problem that the other members are referring, but if you did this then this is not a problem can you please enlighten me?

Share this post


Link to post
Share on other sites
On 10/14/2019 at 8:30 PM, bentayebsalah said:

Bitcoin is on the decline so either wait for it to go down further or buy now and wait for it to go up but the current may go against what you want

Yes it is true what you said that bitcoin is declining right now so in my opinion this has become an opportunity to buy bitcoin at a cheap price and hold it for a while until the price seems to rise so that you can sell it at high prices.

  • +3 1

Share this post


Link to post
Share on other sites

My strategy is to buy and collect Bitcoin or cryptocurrencies as much as possible while it's price is more cheaper because soon I'm sure that it will rise soon and the more coins I store the more profit k will earn in the future.thats the only tip I can advice.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...