*Tap* *Tap* - "Is this thing on?" 

How to trade coins today is the same as in previous years. We must know when to sell and buy. Whereas to multiply bitcoin, this is more difficult. Because the value of bitcoin is now falling sharply.

I don't think falling BTC value matters when your sole aim is to make more BTC. You could tether to do this. Or trade alts which is what I do with the above group.

If 1BTC goes from 8k to 4k.....I still have 1BTC. Therefore for me that is not a loss.

I play large swing trades usually and day trade bitcoin, I usually follow my own TA, I think signals free or paid suffer from the same problem.. both have an opinion bias that favors the person giving the info, so I don't trust it.. can you describe more your strategy about depth charts?

Of course - depth charts on very large volume coins with huge order books are less open to manipulation and show what could be regarded as the fair state of the current market and where volatility and swings may move the price up and down in the very short term (hour or so). So you trade into coins based on the probability of where the price might go. Seriously you might find this really interesting so I'd be happy to talk you through it. We discuss and teach it on Discord: https://discord.gg/CCb86qY

How do you select what you invest your precious satoshi's in?

Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?

Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.

How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?

Day trading is a tough ride, I have nowhere near enough experience to get involved. 1% margins leave virtually no room for error, and any profits can get wiped out almost instantly. Not saying the tactic is wrong, just that it is not for beginners (or the faint of heart). As you mentioned, stop losses are essential to protect your investment, and one thing that will do is remove the emotion from the investment, which is never a bad thing. Good luck.

Thank you - appreciate the luck!

If given the choice then I would like to day trade but because there are times when my target price would not be reached then I would just wait for some time even if it would take days or weeks for my target price to be reached. It will become short-term trading then but I don't mind. I am only using the simple indicators like fibonacci and then stock RSI along with the support and resistance.

I think you would benefit from the discord group I'm in. Especially today as later on there will be charts galore (see my separate post on Firepit Friday) - it'll help you see what it is all about. We only want to stay in trades for a short time and therefore minimise risks or huge dumps.

https://discord.gg/BN9P2tk

Come and learn how to be a depth chart trader: https://discord.gg/BN9P2tk

You won't regret it.