Been in the game since late 2015 and have done quite well swing trading/value investing. Some things I've learned along my journey:
1) Don't chase. Get into good coins early, hold through the fud, and profit nicely. Obviously there are times when you have to move on, but chasing hardly comes out sucessful. Patience will become increasingly important as the space gets more competitive. Don't panic you weak handed bitches.
2) Value investing trumps chart/technical investing. We are too young into crypto for charting to beat out research and value investing. Do your research or find others that do it well.
3) Swing trading > hodlng > daytrading. Only high skilled people can day trade and most of us are not that. Holding works, but you won't maximize gains unless you ride waves. Waves are not daily things but more monthly things. I would suggest having atleast 50% in high potential but solid long bags (ven, link, icon, qash, wtc, etc) and then a portion in medium swing trades then maybe no more than 10% in fast swing trades.
4) biz is good at finding value, but determing timing is where you need to be responsible for yourself. Most good projects are on biz, even in their early stages. Biz is autistic, brilliant but mixed with alot of panjeet garbage.
Predictions: Link will be huge, 2018 will be the last parabolic year, and crypto will get very political, specifically financial freedom vs elitist control.
Matthew Peterson
What average percentage gains target do you exit your swing trades OP?
John Hughes
5) Have an eye on lingo and filenames on Veeky Forums. Saves a lot of time figuring if OP is a faggot, normie or legit
Carter Reed
I have price points based on market caps for that type of coins vs competitors, not percentage targets.
Noah Morgan
who do you follow with good research
Kayden James
OP is a subtle shill, fuck off
Christopher Johnson
This is the right answer. When your utility token is hitting up in the the top 30 take your money out.
Luis Foster
I dont follow one person in particular. I'm not going to give out my top resources because I'd like to maintain some strategic advantage, but my advice is to gather an expanding list of youtubers, twitter handles, subreddits, and forums. Honestly, alot of my time is spent on none other than biz but I supplement my research outside of it.
Try to start notice patterns with which youtubers and twitter handles are on to coins before they become popular. There are those early sources, then they get passed down to the more mainstream crypto sources which then get to the normies. The more you dig, the more you will get to those guys close to the source and are at the forefront of the pulse of the crypto movement.
More than anything though, learn how to filter through forums and have an sense for strong coins. Forums are a hive mind and so learning to decipher things within forums is really where my greatest strength is. Also, follow the reddit pages of the individual coins you want to invest in/are invested in.
Austin Russell
>three weeks ago >sell at a loss if it means you can chase another meme mission >wait for the dip >don't FOMO in to a new coin near ATH in the first week unless you got in early. It will very likely dip lower in the weeks to come. >buy at ATH if you believe in the coin >don't fall for the UFR meme >send your private key over to ICOs for the free airdrop >don't fall for p&d discord shitters >pretend to read the whitepapers and follow the memes instead >actually know how blockchains work and know the real world industry use cases >buy rumors, sell news >Keep a RSS feed on the subreddit >invest everything in to the ICOs without a working product, whitepaper or public team. Once they do a face reveal you'll make it in no time. >Diversify on projects you trust for low risk, low reward all in for high risk, high reward >visit the telegram of the team >Have twitter installed and actively sending you notifications of any tweets of the coins
t. lost half my portfolio since three weeks ago
Lincoln Morales
>Link will be huge Goddamnit OP you were doing okay before this
Justin Gomez
Believe it
Kayden Diaz
Hope this made you feel better. You still don't belong and you won't make it in 2018
Jayden Hall
You sound salty
Tyler Walker
Why crypto trade instead of just getting into stocks? Nobody has yet to answer me this.
Lucas Hill
how can i learn to swing trade efficiently?
Charles Lopez
much lower barrier of entry for crypto trading
Matthew Garcia
bigger swings = bigger profit
Ian Diaz
The percentage returns that you can get in crypto are leaps and bounds above anything the stock market can give you. Also it's easier to setup and do
Levi Foster
I dont normally do this but I'll let you in on a little well kept secret I've never told anyone until just now Buy low sell high
Jack Phillips
Do alot of research and get into coins early. Also realize you can't catch all the moon missions. Pick your missions wisely.
Justin Moore
Alright, I can accept these answers. But don't big swings also mean big losses, depending?
Nolan Rivera
yeah but that only matters if you invest more than you can afford to lose
Anthony Gomez
Sure, but the overall trend is up. We are still early. Also the stock market is due for a big correction. It's largely being fueled by money printing and accounting tricks
Gavin Moore
agreed with everything except 2018 being last parabolic year. This isnt even on the radar of most banks atm.
I think we got till 2020
Jordan Brooks
I sincerely hope your right. I still think there will be large growth, especially compared to any other market, but parabolic like 25-50x in a year will be much much rarer in my opinion. The market will become far more competitive and will become way more saturated. Also regulations could come into play.
Xavier Cox
I've learned that crypto is largely a game of chance. Most of the TA is bullshit. There's no point in reading white papers. During the BTC bullrun of the last half-year, you can buy almost any alt coin and not lose money as long as you just hold it long enough, then sell when you're in the profit zone.
Measuring against BTC is stupid and gives you the illusion that you're losing when in fact you're still in the green. What ultimately matters is the fiat value.
Crypto might be dying. The BCC scandal and the banning/regulation of cryptos are giving crypto bad publicity. When normies hear about crypto, they would automatically associate it with Ponzi schemes. BTC already passed the double-top formation. If there's no more flesh blood in the market, it will continue to crash.
Sebastian Campbell
Fuck. This is what I get for joining the party so late.
Ryder Kelly
It's no easier to setup than a brokerage account, and with a brokerage account you don't need to read into wallets, security, any of that.
>"leaving large sums on money on the exchange"
>"leaving large sums of money on the brokerage"........said no one ever.
Nicholas Brooks
>Biz is autistic, brilliant but mixed with alot of panjeet garbage.
Woke
Adam Roberts
weird, I prefer doing the opposite. but really, where can I learn good techniques to play the market? I've had enough of holding with my thumb up my ass when I could be taking advantage of the fluctuations. everyone says TA is a meme and I'm having trouble getting into it. is TA the way?
Benjamin Lee
I'm not a TA guy. I find undervalued coins aka ones that can atleast 5-10x, go big into them, then move on to another after. Don't over diversify if your stack isn't that big