Post
Topic
Board Trading Discussion
Re: What is your trading strategy?
by
Zenithar
on 01/07/2017, 21:22:27 UTC
don't trade for a year!

this strategy is really useful, if you trust Bitcoin, please never trade and just buy buy buy, keep and hold them, look for a right opportunity to dump! (such as now)

Yeah a lot of people already made big money from holding for years quite like with btc userd from then. And though now may be a good opportunity to dump, i'd still choose to hold. Who knows what may happen in the next few years, the forecasts are promising for the future of btc.

Yes like no one truly can predict what will happen for the upcoming years. If you can hold your btc for years well that's much better but as some traders here do trading for their every day lives, they trade when they think its good to sell or should I say they trust their guts when trading.

Best strategy would be is to stick with a coin for 5 to 10 years. If you have to do that, you will have to study the fundamentals and believe in team and in the final goal of the coin. Flipping coins every now and then would only make you loose money as well as waste your precious time trading. Buy and hold is the best strategy. Add some every week.
to me it think the only coin to which you can stick is bitcoin and not another coin. because about bitcoin I am sure that even after 20 years it will be worth to trade bitcoin, not sure about any other coin, i don't know either they will have such a long age or will die soon. if you are interested to invest your money in any other coin then you should exceed your limit for  more than 1 year that is a long time for any altcoin.