Post
Topic
Board Trading Discussion
Re: What happened to Crypto Volatility..???
by
joker1313
on 15/09/2023, 15:46:42 UTC
I personally just prepare my Bitcoins, and trade to increase the quantity of Bitcoins I have.

With such a strategy, have you been increasing your holdings that way? It is not usually very profitable to trade Bitcoin in a position for a short-term profit; not that it's absolutely not profitable, but in some market situations, it's usually very difficult for you to make decisions that might cause you to sell at a loss, believing that the price will fall and you will buy back. But if it's been a working strategy for you, then you can continue, although having to use all your holdings to perform the trade is kind of risky. For example, if you have, say, 0.4 BTC, at least you can divide it and use half.
He basically meant he is holding up BTC and just keeping an eye for potential altcoins. Dont think he is a regular trader to catch market moves on a daily basis.
Each person does have different approach or handling when it comes into their portfolio on which this would really be the ff;

1. Having long term bags and accumulating Bitcoin solely
2. Having long term bag on BTC but making some partitions on making short trades on BTC
3. Long term/Moonbag hold of Alts
4. Short term trading with alts

Its always advisable that you should have at least that available funds which in case the market would really be making out some dumping movement then you could really be easily
be able to accumulate or having the chance on buying cheap and this would really be a huge advantage i should say compared to those who do have limited funds
but of course not everyone does have that kind of financial capability and this is the reason on why we are missing tons of opportunities that this market gives
but well this is really just that part on what you would really be able to experience on this market.
Agreed on the facts. Long term bags for BTC and potential alt coins is the best strategy in the market. I initially started as an investor in BTC and trust me that was the major profit i made without any headaches.