Quote from: zarados on August 22, 2017, 01:20:07 AM

Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

Good strategy. I think you are leading in a good way but if you always withdrawing your profit your chance to earn additional profit from your earnings is missed. In my experience, I always practice this strategy and it results positive. This is my strategies or cycle of investment in bitcoin, Buy, Hold, and Sell. Buy when the value of bitcoin is the dip. Hold when the value of bitcoin is continually increasing and Sell when the value is possible to turn into red. But I never get my profit or even my capital when the value of bitcoin is going up. Sample; When I buy bitcoin in the level of 6,000 USD at the amount of 600 USD or 0.1 BTC, I will hold it until reaching my expected price at 9,000. Meaning my 600 USD or 0.1 BTC will earn a profit of 300 USD but my BTC is still 0.1 equivalent for 900 USD for 9,000 USD value of bitcoin. Then when I found out that have possible the value of bitcoin will rise continually I will keep holding my possession and when I notice that the value of bitcoin will fall. I will sell all my possession and wait for another dip to buy again. This my strategy is almost same as yours. But if your strategy is more productive to you it better to stick on it than to try another one.

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