Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: bdamenaakter on September 29, 2018, 09:15:06 PM
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What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
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I apply the basic principle, buy in low price and sell in higher price. When you think the price is not really good for selling, you are better to hold it. It is simple but need patient and experience. ;D
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Many trader use strategies Buy low and Sell High price. you can use this strategy or use indicator and support resistance, but you can have money management in trading for take more profit and minimize lose in short trading.
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I don't have yet experience in trading but what I understand on it is that never be too greedy and always value the profit that you can have.
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Always need to assess the risks and trade the amount that you are not afraid to lose.Whatever strategy you choose-it is important to stick to it no matter what.
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I'm on the conservative side. I like diversification and I don't aim for big and quick profit, but I am going for a relatively stable long term investment. For me the best coins are the well know old coins that are around long time and have shown good results already.
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I try to accumulate as much as I can while a certain altcoin is "consolidating" and just wait for a good time to sell. This strategy is for long term.
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What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
if I currently prefer to buy and store it for a long time, and to be able to make a profit in my opinion it is difficult for me to be able to get benefits such as to buy and save in a short time, it will worry about market conditions that are very difficult for us to speculate the price is right, so I better hold it for a long time.
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What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
My trade is done in the following ways. I choose the short-term strategy for the Altcoins that I joined ICOS because the oscillations of these Altcoins are very fast. Bitcoin and the traditional Altcoins i will choose long-term strategy because they are on the floor and have long development. Besides depending on the time, i can flexibly switch strategies for each other.