in time there may be as many 'strategies' for this as there are now for wall st.....
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
buy at any price you think is good and hold until you make some profit and sell them. I never go for day trading because I'm not good in predicting the price movements on day basis.
I tried to do day trading, but some times its not profitable so I will hold it until its get worse or advantage, if its gone worse, then I try to average it, but the problem in btc, price move up and down very quickly.
Day trade is not 100% profitable, but if you can do the right timing you could also get a big profit but not all the time of course. And upsides down is commonly happen in bitcoin due to it volatile.