Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: abdmuiz on January 22, 2019, 01:15:28 AM
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what strategy do you use today to trade in an unstable market
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Actually the strategy that I applied in trading was not much different from last year, with the bear market last year already predicting good coins, but we can keep up with the current market flow, with the current market really frustrating traders.
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My strategy is not much different from friends, I chose good and potential coins, now the market is bad, it makes me disappointed, it's better now I'm waiting for the market to recover.
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Buy the dips and short the rallies is my general strategy in bear markets... people will be quick to take profit and you must take it while its available because we've all seen what bitcoin can do with a 1-2k drop... The bottom may be in for bitcoin or maybe not, but we don't know.. so take whats in front of you and not worry too much about tomorrow right now.
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I torjun to trade since the beginning of 2018 and I, from every strategy that sala pakek nothing lasts long, in my opinion the one key to success in trading is patience
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I buy coins that have good products, we take the example of ethereum and Bitcoin.
If at this time I bought both of these coins and held them for a long time, would I get a profit. Of course if the prices of these two coins go up I would profit, but trading requires carefulness, accuracy and good experience, not to lose because of you panic about the price situation in the market
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Strategy? I buy cheap value coins and hodl, it should pay off more when the market recovers
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I think the best strategy for trading now is scalping. You shouldn't wait till the bull or high increase. When the price can move to certain rate, you can sell them. And you can buy again the same coins or another coins. This strategy will be safer for current market condition.
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The strategy for a market situation of this kind, its mainly a day trader's strategy. Always online with the market chart, taking advantage of every change, be it positive or negative.
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Right now I'm not trading on the market, because now the market price is still not stable, so I think I will now buy more at the current price for the long term with a higher value,
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i have no strategy. i am just watching to find the next bull run. currently am stock. never know the tricks of this business but thank God, i picked everything now.
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what strategy do you use today to trade in an unstable market
I think that everyone has his or her own strategy in trading, and one strategy may not be good to mr "A" but may be suitable to mr "B". Most general strategy is buyiny at the deep and waiting for the price to rise to make some profit. I like using defferent strategies in trading to get the best in current crypto bearish market. One good strategy is buying when a potential coin is lunch at early stages.
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I buy cheap value coins and hodl, it should pay off more when the market recovers
It is not trading man, it is investment. Buy and hold till the market recovers is the common way in investment. Trading should have another way.
By the way, is this strategy effective for you? I don't think all coins can be appropriate with the strategy.
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what strategy do you use today to trade in an unstable market
Since the whole crypto market is still at a bear trending stage what i prefer to do now is a long term trading buying coins from ICO that i am confident in and let market do the job.
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I think I will use it for the long term, because now the market price is also recovering, so I will still hold my token and altcoin at a stable market price.
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The BIGGEST advantage of being a trader is that it is irrelevant what situation you work in because you can STILL make money If you have the right strategy. I am fortunate enough that I have such strategy, which really makes the work incredibly easier for me in many ways!
More so, I feel comfortable because of broker like VolumeFX (https://www.volumefx.com/), where not only there are over 200 instruments to pick from but low spread, which makes Crypto trading a lot fun. But of course, ultimately it’s your strategy that makes you a winner or loser.
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what strategy do you use today to trade in an unstable market
The current strategy that i am employing now is doing something similar to scalping, but i bet am a bit confused is that no matter how many coins that i earn from my scalping i need yo cash out in bitcoin and if bitcoin price keep dropping i am gaining nothing as well isn;t it?