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Author Topic: My trading strategy: profit is not based on USD  (Read 7247 times)

Offline anshor1

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Re: My trading strategy: profit is not based on USD
« Reply #30 on: April 16, 2022, 08:14:40 PM »
I think I agree trading based on USD, It's easier to calculate the loss and profit.
I agree with this opinion.
Although many traders have trading pairs on top coins such as BTC, ETH, BNB.
It's also not bad.
They can gain double profit when market pump.

You're right, trading based on USD or top coins are depending on confidence of you.
If you prefer based on USD, yes you can.
But I think when market show good progress, I think top coins are the best choose.
I used both , USD or stable coins and BTC and ETH, sometimes use BNB for my trading pairs.

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Re: My trading strategy: profit is not based on USD
« Reply #30 on: April 16, 2022, 08:14:40 PM »

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Offline alltalk

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Re: My trading strategy: profit is not based on USD
« Reply #31 on: April 16, 2022, 10:45:59 PM »
I think I agree trading based on USD, It's easier to calculate the loss and profit.
I agree with this opinion.
Although many traders have trading pairs on top coins such as BTC, ETH, BNB.
It's also not bad.
They can gain double profit when market pump.
Yep. No problem to trade based on USD, USDT (stable coins) or top coin pairs. As long as we know it is the right strategy for the current situation in the market. I never use the same strategy, never stuck in a single strategy to trade with USD, USDT only. Sometimes I prefer to use top coins, it is when I know the market is probably to increase significantly.
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Offline de_prof

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Re: My trading strategy: profit is not based on USD
« Reply #32 on: April 17, 2022, 03:33:34 PM »
I'm just noobs is  crypto trading.
I prefer use top coins for my trading pairs than stable coins such as USDT, BUSD, DAI etc.
Because when the market is increasing significantly, I want to gain double profit from my coins.
If the market is struggling, I will use stable coins for trading pairs.
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Offline Beattysuhita

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Re: My trading strategy: profit is not based on USD
« Reply #33 on: April 18, 2022, 02:25:37 PM »
Everyone must have their own strategies and choices in looking for profits in trading Crypto, but I think by trading the USTD pair then we can easily see the value of our assets. How much do we gain and how much do we lose, and that's what I've used so far.

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Re: My trading strategy: profit is not based on USD
« Reply #34 on: April 18, 2022, 04:23:15 PM »
Everyone must have their own strategies and choices in looking for profits in trading Crypto, but I think by trading the USTD pair then we can easily see the value of our assets. How much do we gain and how much do we lose, and that's what I've used so far.

that's true, trading pairs in stable coins, such as USDT, BUSD or other , it's easier to estimate our profit.
We can more easy know the value of our assets .
But pairing in top coins is also suitable when market is going up .You will get double or maybe triple profit from your coins.
So, you can choose whicya re more suitable for you.
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Offline vegasus

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Re: My trading strategy: profit is not based on USD
« Reply #35 on: April 19, 2022, 12:59:23 AM »
I'm just noobs is  crypto trading.
I prefer use top coins for my trading pairs than stable coins such as USDT, BUSD, DAI etc.
You are noobs, a newbie?
No problem if you just started in crypto trading, but you must have a big intention to learn. Sure, trading with stable coins is also good, you can secure your profits once the market is very unstable. Keeping the profits in stable coins will make the values to be safe, will be different if you choose non stable coins.


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Re: My trading strategy: profit is not based on USD
« Reply #36 on: May 09, 2022, 08:54:36 PM »
My trading strategy  short term investment is only suitable for new coins, short term investment or less than a year if we invest in new coins then the opportunity for big profits is very good, do DYOR deeply and start buying new listed coins or better invest in ICO/ IEO, hold for at least a year and I'm sure we can get a big profit.
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Re: My trading strategy: profit is not based on USD
« Reply #36 on: May 09, 2022, 08:54:36 PM »


Offline Istiak

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Re: My trading strategy: profit is not based on USD
« Reply #37 on: May 11, 2022, 04:47:43 PM »
My trading strategy  short term investment is only suitable for new coins, short term investment or less than a year if we invest in new coins then the opportunity for big profits is very good, do DYOR deeply and start buying new listed coins or better invest in ICO/ IEO, hold for at least a year and I'm sure we can get a big profit.

Investing in a new coin in a bear market like this could be very risky. In a bear market money outflows from the market so top project lose their marketcap then how small and startup project will grow. This type of market is only good for accumulation not trading. I took a significant amount of lose from these market by investing in new coins.
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Offline DAMKAR

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Re: My trading strategy: profit is not based on USD
« Reply #38 on: May 17, 2022, 09:08:42 PM »
My trading strategy  short term investment is only suitable for new coins, short term investment or less than a year if we invest in new coins then the opportunity for big profits is very good, do DYOR deeply and start buying new listed coins or better invest in ICO/ IEO, hold for at least a year and I'm sure we can get a big profit.

Investing in a new coin in a bear market like this could be very risky. In a bear market money outflows from the market so top project lose their marketcap then how small and startup project will grow. This type of market is only good for accumulation not trading. I took a significant amount of lose from these market by investing in new coins.

At bear market, better to invest on top coins.
for investing in new coins or new projects are very risky.
But If we can choose potential projects, especially new projects we will gain big profit.

Offline Ryu27

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Re: My trading strategy: profit is not based on USD
« Reply #39 on: May 22, 2022, 04:00:40 AM »
I don't see any wrong with your strategy Sir, perhaps, your not the only traders who is doing that thing I guess. Actually, if you don't mind I will copy the style of your trading strategy because it is really in my own opinion. So in the matter I got an idea about in short term trading activity.
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Offline Istiak

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Re: My trading strategy: profit is not based on USD
« Reply #40 on: May 25, 2022, 06:45:17 PM »
I think I agree trading based on USD, It's easier to calculate the loss and profit.
I agree with this opinion.
Although many traders have trading pairs on top coins such as BTC, ETH, BNB.
It's also not bad.
They can gain double profit when market pump.
Yep. No problem to trade based on USD, USDT (stable coins) or top coin pairs. As long as we know it is the right strategy for the current situation in the market. I never use the same strategy, never stuck in a single strategy to trade with USD, USDT only. Sometimes I prefer to use top coins, it is when I know the market is probably to increase significantly.
I do not think having multiple strategies at the same time is a good option. It will be better to have some basic planning and make any necessary changes based on any new market changes. This type of flexible strategy could be used in every market condition. Also, it is better to have some plan than to have no plan. Trading is an investment, so there must be some plan.
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Offline SpenserReed

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Re: My trading strategy: profit is not based on USD
« Reply #41 on: May 28, 2022, 04:37:09 PM »
For example: I believe in the future of BCH, I will enter trading for the purpose of optimizing the quantity of BCH I hold. For example, when BCH/BTC reaches a high rate, I will sell BCH for BTC and wait for the BCH/BTC rate to be low and buy in to increase the amount of my BCH. The end goal is that I'll have plenty of BCH before the bullrun season ends, so I get a compound profit from the increase in BCH quantity and price.


So you are trading BCH and holding BTC. I think this means that BTC should be in a bullrun too, otherwise you will get losses.
Fixing profits in USDT is a little bit different.
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Offline elbans89

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Re: My trading strategy: profit is not based on USD
« Reply #42 on: May 29, 2022, 02:23:35 PM »
Based on USD or not, I think It depends on your comfort.
Sometimes I also used top coins as trading pair , same like several members here.
But I often used stable coins.
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Re: My trading strategy: profit is not based on USD
« Reply #43 on: May 29, 2022, 07:21:24 PM »
Based on USD or not, I think It depends on your comfort.
Sometimes I also used top coins as trading pair , same like several members here.
But I often used stable coins.
Using stable coins for trading has many benefits because prices are not as volatile as tokens
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Offline Foofaraw

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Re: My trading strategy: profit is not based on USD
« Reply #44 on: July 26, 2022, 08:19:42 AM »
I admit that you have more chances of getting right with your predictions when you trade stable currencies. But I also know that you have more chances of making money when you trade highly volatile pairs.

 

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