What is your bitcoin weekly strategy?

[Wekesa]

I have never traded bitcoin but when you look at what happens its usually almost the same as the traditional trading system so we need to really define what we want then so the work of every trading technical system is to actually get the whole story right and in the end it works perfectly for us all

[Sendo12]

I would just like to share with you guys! I started setting daily loss limits and it has worked wonders for me. I was back to trading short-term and having a limit has reduced my losses and allowed me to become more in control of my emotions.

[Otto619]

I study the 4 hour chart of Bitcoin and try to discern the daily and weekly trend. Then I scale down to 30 minutes chart and look for buy/sell entry signals based on my setup and trigger on the 30 minutes chart. I almost exclusively use Bollinger bands and RSI indicator.

[mcjerry]

Same with me here. I do trade on short term. But in just two days now, in just blink of an eye, the price of bitcoin jumped up. This means holding bitcoin in your wallet for the little will is OK

[Mr. Cid]

I've closed my orders due to the rapid fall of the crypto currencies. I will store more crypto currencies once it become more affordable.

I am thankful that I haven't closed my positions yet. The price of Bitcoin has increased by over 1%.

[AbdulShiek]

I have only started long-term trading recently and I honestly see better results than when I was trading short-term. Maybe if I did what the other members are doing like setting a weekly loss limit, then I probably would have had better results from trading short-term.

I've closed my orders due to the rapid fall of the crypto currencies. I will store more crypto currencies once it become more affordable.

[Trader_Rob]

I have only started long-term trading recently and I honestly see better results than when I was trading short-term. Maybe if I did what the other members are doing like setting a weekly loss limit, then I probably would have had better results from trading short-term.

[Newbie_trader]

I prefer a short-term trade, but for now, I will hold my trades for the time being. Most of the digital coins I invested in are increasing.

[Mr. Cid]

I agree with you. I often do not make any trading action for weeks.

Same here! I usually see the window of opportunity after holding my positions for over a week.

[Aya]

I set limits on my losses every week. When I was still actively trading, that is what I did. This is to endure that I will not go beyond the amount of losses that I can afford in a week. Once I reach that, I will stop my trading activities for the week and rethink about my strategy instead.