Post
Topic
Board Trading Discussion
Re: How do you trade with crypto currency?
by
BitcoinHodler
on 30/10/2016, 14:59:05 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.

Doubling investment with the bitcoin is quite difficult. You need lots of experience and capabilities to do that.

you say that as if it is easy to "double" your money in any other market. where else in the world can you find an investment that doubles your money in a short time easily.

gold? stocks? oil? forex?

none of them do it. then why do you expect such thing out of bitcoin. be realistic and see the real potential which will show up in long term.