Quote from: alan2here on May 17, 2019, 11:04:45 AM

Quote from: crzy on May 17, 2019, 09:09:01 AM

Quote from: marycrazy08 on May 14, 2019, 12:17:40 AM

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

Buy low sell high, a common way to trade and the most easiest way to earn money. Trading can be more complicated if you use many indicators, but of course professional traders prefer to use that. I don't know the effective rate because my trade will depend on the move of the market and no one can be sure on their trading analysis because its volatile.

This is the most basic strategy when trading but to be able to do that, you must have a great understanding in this market because the fluctuations of the coin can affect your profit. I think making an intelligent strategy is also an idea to take now because it will help you better control your assets. I personally believe that when the market enters the period of uptrend, it will be an opportunity for you to apply what you have learned

We can say it's basic but not eveyone can apply that successfully though. We all know that buying high and selling low is the main point of making trades but how you determine that can be a lot more challenging. There are times when i feel like taking time to study the market movements and try to see if it can day trade. Most of the time though i adopt the simpliest strategy, look for a coin that's on a downward trend, buy and then hold until it recovers. I usually use binance so i feel confident about the coins i choose there.