Post
Topic
Board Trading Discussion
Re: This is how i trade often my spot market easy method
by
wxa7115
on 15/05/2024, 05:14:08 UTC
I trade on spot before i used futures trading once you have experince with futures the spot market will look like walk in the park.
I check wich altcoins on 24h lowest so today i see it's TON coin.
I entry in this trade with 30% of 100% funds and i start keep buying with 0.5% daily until I see price goes up enough to sell.
Once done i look another coin lowest in 24h time and i buy again with 30% and after that keep buying daily with 0.5% until price goes up and i think it's good time to sell i sell 95%-99% usually it's good to leave something not sell all but off course i want to get cash as much is possible.
In case there is bull market i'll just pick the coin wich is less higher then other altcoins.
I do one coin at the time and i use quite large amount for this.
Those kind of strategies work, until they do not, what I mean by this is that you are using a strategy that on the surface it makes sense, but what you are doing is simply assuming that the coin you bought cannot disappear, collapse completely or remain stagnant for years.

But you are wrong, we see coins doing exactly that all the time, and if you were to invest in one of those coins, something that is inevitable seeing that you make no effort to perform a fundamental analysis, you will lose all your capital.