Quote from: sannyday on May 09, 2018, 04:00:50 PM

Quote from: nydiacaskey01 on May 09, 2018, 03:57:06 PM

Quote from: sannyday on May 09, 2018, 03:45:31 PM

Hey guys, I keep thinking what are the most poppular/most efficient trading strategies. Also do you trade on a few specific coins that you just trade on through out the year or not?

I want to ask you to share yours, but of course you don't have to be specific, just say if its e.g. arbitrage, bot/margin trading, buy the dip / hodl, pnd or whatever else. If its somthing other than in the poll just talk about it here or in general feel free to discuss trading strategies.

I personally like to hodl, not sure that can be counted as trading strategy, but wanted to go first.

If its not a day trade, I check if the coin or token is green or red. I don't buy green because there's a small chance that it will continue to climb. I buy those that are in red with the lowest volume. Things to consider is price history, when was the last time the coin reached its peak and lowest. Go back to as far as 1 week of the price history.

So you buy when the price has been going down for a long time (how long?) and just wait when the trend turns? when do you sell - after how many percent gain?

Well you have made a lot of logical questions that most of people wants to know about, to me it is good to hold for long time and go for long time trading instead of day trading to increase my profit and reduce the risk in trading, it is good to sell when you find market turning green and high the price in market, if you will hold for more than one year I think you will gain almost 70% of your profit, so be ready to trade but try to start with long term trading,