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aritra-b-11
Aug 7, 2018 5:56 PM

How to trade BTC USDT 

Bitcoin / Tether USDPoloniex

Description

How do you decide when to invest for long term in BTC & when to day trade?

Well I will share what my strategy is:
  • If I see the volume is low & price is still volatile -> go for day
  • Else it is always better to buy & have some targets to sell
  • Always have some BTC & USDT in your portfolio, you never know when any good trade might come.


As of now, I think it is better to do the day trading in BTC. I list the points in the chart.

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Comments
rarnouxp
Thanks for sharing, since then it has plummeted. What is your analysis on the next support line ?
aritra-b-11
@rarnouxp, I do not always look for a support/ resistance line right at the price drop/ bounce. For this I look for RSI.
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