Quote from: krunox123 on January 24, 2016, 12:36:42 PM

Quote from: BitcoinHunt3r on January 24, 2016, 03:09:16 AM

Quote from: xdrpx on January 23, 2016, 03:11:45 PM

Quote from: Aamir1 on January 22, 2016, 07:54:08 PM

I suggest investing on some legit and trusted bitcoin doubler websites. You can find some in this forum which you can trust because many of the users are being paid by them here.

Aren't all of these Bitcoin doubling websites scam? I mean people should have known by now unless there is any form of return for these websites they just can't double your Bitcoins for you out of thin air.

try to join doubler bitcoin site as early as they launch , if you get lucky try hit and run strategy ,after deposit and get profit don't deposit again because thats too risky.

If you are risk taker person, Bitcoin doubler ponzi scam might be good for you. But it is not recommended, TBH.
IIRC, there is a ponzi that scam right away after they launched. So, be careful with them.

Quote from: JayJuanGee on January 24, 2016, 03:19:46 AM

Quote from: krunox123 on January 22, 2016, 06:27:59 AM

Quote from: danherbias07 on January 22, 2016, 05:27:57 AM

Quote from: agustina2 on January 21, 2016, 04:06:04 PM

Quote from: luckyboys on January 21, 2016, 04:03:05 PM

Quote from: agustina2 on January 21, 2016, 10:23:12 AM

Still my methods to grow my bitcoin is doing a freelance job, contractual and part time job that pays me in bitcoin and my favorite online method, bitcoin trading.

me too, my favorite method is bitcoin trading. love trading BTC Grin

That's nice. Look like you are in bitcoin trading for a long time and just hiding in that newbie account.

Where do you place your trades? Maybe we can share some useful ideas and tips too.

I second the motion. I would really love too here that too. Been here around but havent seen anyone telling where they trade, some just dont want their secrets revealed.

I doubt anyone is willing to reveal their trading strategies if their strategies is profitable for them.

My BTC trading strategies are generally profitable, and I do not mind sharing some of my general btc trading strategies; however, ultimately, each person needs to gain experience by practice and by building up his/her trading positions.

If you do not want to trade BTC by pure luck, which is a form of gambling, and you want to have some fairly certain long term profits, then you place your bets in ways that are more secure and the profits are smaller and you work on locking in your profits slowly and in small increments and in this practice there is no free lunch, even though once you take some of your btc trade positions, you may witness very large price movements in one direction or another that you are already in an established position to take advantage of such large price movements and accordingly to take larger than expected profits because of that large price movement.

Ultimately, the idea is to attempt to trade btc securely and with profits and continuously build staggered trade positions on both the buying and selling sides and to have those positions be small and profitable all the way up and down the line.

In this regard, you do not attempt to predict the price and you buy BTC on the way down and sell on the way up.

This BTC trading strategy will work with any amount of total BTC holdings, and the more capital that you have to employ towards the systematic approach, then the greater the potential profits, but even if you start out with smaller amounts than those amounts described herein, the number of BTC and dollars in your trading portfolio can be built and expanded over time and sticking with the same trading strategy described herein will likely build and expand the number of your coins ... as you are learning from your BTC trading practices and watching the BTC trading market.

Let's say hypothetically that over the years, you have accumulated 20 bitcoins into your trading portfolio (currently that is worth about $8,000), and maybe you have about $2,000 in cash... So for round numbers and argument sake you have a total value of $10,000 in your btc trading portfolio (yes the same principles would apply whether you have a total portfolio of $100 or a total of $1 million as well).

Accordingly, .... With your current position and allocation of 20 btc which quantities will change with your taking new positions, each time BTC prices go up by $1, you have approximately $20 of profit on paper. More or less, with a BTC price of around $400, I personally set my trade authorizations in either $5 or $10 price increments depending on my anticipation of the speed of the BTC price movements and whether I believe that the price is going to change from going in one direction towards the opposite direction.

Even though I hold varying expectations that the short term BTC price will move in one direction or another, I don't attempt to predict with any certainty regarding those short term btc price directions, and I just hope that over the long term BTC prices will be going up and my trading strategies are thus designed to continue to accumulate more BTC and don't necessarily require the adding of additional dollars towards building more bitcoins.

Even though I may trade in $5 or $10 increments, it may take a bit of time before the BTC price comes to my next move. In that regard, I do not force anything, and I let the price come to my position.. and if I feel I am overleveraged in one direction or another mostly caused by a continuous and unexpected price movement in one direction, I may change those positions a little bit in order to employ either a buy or a sell... and then to thereafter reassess the various staggered bets on each side of the current price.

Frequently there can be a run of the BTC price in one direction or another (and if that happens, then I usually choose to adjust the amounts that I am either buying or selling to account for the unexpected continued price movement in that one direction), and even though I am staggering my bets in $5 or $10 increments from time to time there could also develop more than a $30 gap in my next buy or sell price.... Which could cause a considerable wait until I exercise my next buy or sell (in bitcoinland, such a wait could last several hours or even several weeks). When the wait is long, I may reassess my position, and decide to trade smaller amounts within the respective broad gap in order to force my trading to become more active again within the ongoing narrow price range.

So let me try to illustrate with the example of your holding 20BTC and $2,000 cash... And a BTC price of around $400.

if you were to have 20 BTC and bitcoin prices go up $10, then you have $200 profits on paper, and maybe you could feel comfortable selling up to 30% of those profits ($67) in order to prepare to buy back BTC at a lower price.... and I personally would round down my authorized amount to keep some in reserve and with round numbers to keep it easier for me to track. So if the price moves upwards and you sell $60 at $400, you would be authorized to sell another $60 at $410 or alternatively $30 at $405.. and keep staggering your sales with the upward movement of the price.. and if the price seems to be moving upwardly fast, you may choose to wait until $430 before you execute a sale and sell your whole authorized $180 at $430-ish ($60 x 3). If the price keeps going up, you keep selling within the authorized amounts, and you prepare yourself for buying back when btc prices reverse. If they do not reverse in the short term, you do not panic, you just keep employing your strategy and from time to time reassess your total holdings and there exists any need to tweak your strategy.

The same principles apply for buying back as the price goes down.

But sticking with the original hypothetical of a $10 upwards price movement, if I sold $60 at $410, for example, then I may authorize myself to buy back in increments of $5 or $10, so possibly, I would plan to buy $20 at $402, $20 at $397 and $20 at $392. In this example profits of each trade may not be big, but with the price swings of the market, some orders will begin to cluster and result in higher profits, and also you need to consider that when you do buy low and sell high, the profits are locked in as soon as you buy back and if you want you can continue to trade btc back and forth with the same money within a range that may constitute additional profits if the price does get stuck within a fairly narrow range that happens to repeatedly hit your buy and sell points.

Ultimately, you need to play your allocation of your trades and the amounts by ear and don't over allocate in one direction or another. Accordingly, if you plan and prepare ahead, you will likely continue to accumulate BTC and which will likely cause you to set limits in how much you are authorizing yourself to buy and sell btc based on your total holdings of BTC and cash in your trading portfolio...

Furthermore, regarding the potential for downward price movement, with the above hypothetical, with your $2,000 in your BTC trading reserves, you may want to consider how far you expect BTC prices could drop... Let's say for example, in the current market, you calculate less than a 5% chance that BTC prices will drop below $250 in the next several months. Therefore, you may chose to stagger to use about 80% of your $2,000 to buy at downward increments of about $120 in $10 increments down from $380 to $250. Then you would still have approximately $400 left in your reserves in what you are calculating to be a fairly unlikely event. On the other hand, if you view probabilities differently (either more bearish or more bullish) then you would allocate in accordance with your view of probabilities while at the same time attempting to be realistic enough in your assessment in order to have reserve resources no matter the price direction and even if what you believe to be unlikely occurs.

Of course, you have to tweak these numbers as your portfolio changes in it's reserves of both bitcoins and dollars, and as your expectations may change from time to time, too, but in the end, you want to be prepared for the price to move in either direction, and you prepare for both short and long term.

This whole trading strategy may sound a bit complicated, but it employs basic principles of staggering bets and buying low and selling high.

more or less, I am doing something like my above outlined strategy to trade BTC with up to about 30% of the profits when BTC prices go up but I am also preserving my BTC holdings by setting my trade limits within a portion of my profits and accordingly, my comfort level of how much I am willing to sell goes up as the price goes up.. but no matter what the total amount of Bitcoin that I trade continues to stay within 30% of my profit boundaries to preserve a significant level of my principle holdings.

With my current trading method, I continue to accumulate more BTC and to bring down my average cost per BTC... while really only selling (or trading with) a small percentage of my total BTC holdings. In this regard, it seems that I am selling less than 1% of my BTC holdings within any one trade or cumulatively selling less than 10% over a string of 10 or more trades because usually, the price does NOT move in one direction for more than 10 trades.. .and if it does, then I consider ways to use either the BTC or the dollars in order to reassess my situation and to still be able to invest that money to close some of the earlier taken positions that have been long left behind by BTC's price movement.

Nice method. But, isn't it the same as buy low, sell high? Tongue

Sure, Like I already mentioned, I am employing buys and sales of low and high respectively.

However, I am providing a lot more suggestions regarding actual implementation strategies.

You asserted that people won't share their btc trading strategies, but are you looking for more secrets than I provided? I'm not holding back, and this works very well.

Do you expect a quicker and better way to get rich from trading? Surely, people will have some secret tricks (including yours truly) , but the little tricks can be discovered on your own, but you gotta really employ some foundational variation of the basics first, and that's the bread and butter of the profits and allowing any secret additional tricks to work, if they exist.

If you employ some detailed variation of what I'm suggesting above then you will likely be in a better position to get lucky from time to time too, rather than simply employing some vague and non-specific notion of "buying low, selling high." The devil is in the details, as they say. Wink