Post
Topic
Board Trading Discussion
Re: How do you trade with crypto currency?
by
South Park
on 19/10/2016, 18:08:39 UTC
Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,



80% is enough because nobody can be 100% for sure if an crypto currency worth or not investing. I sometimes just check if the price is changing often and I risk to buy and sell some coins but with lower amount because I don't want to risk for example 1BTC in a coin I have not much researched.
I agree 80% is enough for making profit from bitcoins, because usualy i can make profit from trading is just 5% of capital as constantly every month. But it is enough because my bitcoins will growing up although slowly.
Someone is wanna make an over 100% of their profit and that is so greedy person in my mind, in trading I do not need a big profit I just nit a stable profit or income. that's already enough for me.  impossible for make more than 100% of the profit from the total capital ni this time.

100% would be  possible  on trading   cryptos and you would really need  much research  of information  on a certain  coin  and also  you must need luck to a particular best  moment to  buy or to sell which could make  gain of  profits 100% would be  achievable though  but as you said we should  be contented  on what would  be  the results  of our each trade as  long  its a succesful one.
Duplicating your investment is possible but you will need  to enter in markets with lots of ups and downs and the risk of losing money in such a markets is a lot greater.