Ninjastic
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Board Trading Discussion
Re: What is your trading strategy?
by
bitcoinveda
on 20/04/2018, 09:41:34 UTC
Quote from: freedomgo on April 17, 2018, 02:01:15 AM
Quote from: ankylotic on April 16, 2018, 06:00:44 PM
Quote from: Bessta on April 03, 2018, 08:06:21 AM
For now what i'm doing us the basic trading strat. Buy when low, hold then sell when price goes up. With this i am able earn not so much but at least i am not losing, it is  the profitable specially when you are able to buy good and potential altcoins.
My trading strategy is simple. It is by bidding for a lower price and selling it for a higher price but now i'm just buying some altcoins because i observed that their price is getting lower because of the price hike of bitcoin. So i bought a little amount of altcoins and hold it and wait for the bitcoin price to calm down.

I usually first buy coins from localbitcoins and then trade it online. The amount I invest is as low as 1 BTC and I keep a min profit margin of $10 and hence when I get this amount, I sell the coins and again buy coins from LBC. Sometimes I buy coins using Perfect Money as well and then again trade them.

Buy low and sell high to summarize what you are saying, actually for me I don't only trade bitcoin, I am more fan
in trading altcoins due to having the freedom to choose different coins and sometimes they are more volatile than bitcoin.

Volatile is based on the price of Bitcoin, you are right because we have enough freedom to choose one of the best coins in the market which can give huge returns on the investment. The major concern here is choosing the right one is very difficult but we have multiple options to choose the right one.