The best buy strategy for Cryptocurrency for 20%-40% profit

in #bitcoin8 years ago (edited)

When buying any type of cryptocurrency that you think is a good buy try and put the buy 20% less than you actually had in mind to buy at and wait for it to drop
It always works for me an it gives me a better chance of earning
However I usually place orders for 20 different coins and try to get them at the lowest point I belive it will drop and then an the 20%more and wait for it to drop
I usually get a return of minimum 20%to40% on sale as I constantly do the same thing
My buys for each coin is just 5% of my tradeable balance
You don't get rich fast but it seems to bring some good returns with less work
Hope it helps?

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I was trying a strategy similar to this with the top 50-60 alt-coins in terms of marketcap on coinmarketcap.com. Its a great way to capture profits with movements in the market. Thanks for sharing

thank you very much for confirming that this is a strategy that works
hope more people will get into it

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Haha, Great advice! Will give it a go for my next trade.

Hope it helps,, timing the coins at all times is a good thing too

Thank you
It is important to have patience when buying

Seems like reasonable advice honestly, especially considering the volatility of these markets.

Thank you
It is important to have patience when buying

Thanks for the advice :)

Initially i just buy direct from exchange but now i understand is better to put it on trade bellow the current price and wait. Thanks

You are welcome
Please follow me and upvote and I will gladly share more information

Thanks Same to you
Sure let's do that