Often times we hear people trading Cryptocurrencies and becoming rich.
However majority of the people in cryptocurrency lose money.
This is due to the lack of trading experience in the crypto market and impatience to see / buy a coin.
HODLing is amazing in terms of how much of profit it can give in a short period that is 1 to 2 years.
Any other field outside crypto cannot give 100x results in even 10 years. In crypto it can happen in 1 year or even less. Majority of the people lack the due diligence and strong will power to hold.
However, sometimes, HOLDing also proves to be waste of time if the coin doesn’t grow linearly year after year.
I strongly believe there should be balance between trading and HODLing and that, when tapped correctly can bring us that best of both worlds.
Lets first see the types of trading which are going on in the crypto market.

Day trading.

Day trading, according to me is one form of OCD. I’m not saying OCD is bad, but it can be if all you want to do is just to trade after trade after trade every minute.
Granted there are successful day traders, they are still a minority. Crypto market can actually give you freedom to earn money on auto pilot while you put your efforts into seething else which you love.
For example, you can start to build your online business after setting up your crypto portfolio. You will be earning on one side and all your efforts will be on building your business.

Short Term trading.

Let’s say you are a short term trader, meaning you make a trade when you get 20% to 50% after waiting for say 2 weeks to 1 or 2 months. This is a very good strategy when compared to day trading.
You have a little bit more freedom but it will still want all your attention to the crypto market and you are also missing out on the bigger gains which you can make in crypto market.

Long term trading.

Long term trading lies anywhere between 2 moths to 6 months ! This is the best type of trading when compared to all the above options. It certainly gives you more freedom and one can expect around 50% to 2x profit which is no joke! There is a lack of assurance of the profit and also we can do a much better profit margin within less or more time frame. More over it won’t be convenient t to keep checking the market to see the profit margin is achieved or not.

Shorting and Longing.

Futures contracts in a nutshell. They offer a great benefit as you can do even 100x leverage trading.
The main concern is the risk factor. Its like all or nothing. You can win 10 times but if you become greedy, you can lose all in 1 trade. Crypto market is unpredictable than ever after the introduction of Futures contracts in December 2017. Again it is more like Short term trading with the risk of day trading.
My advice is to do shorting or longing only when you have enough crypto that if 10% of it vanishes tomorrow, it won’t affect you.
And also short or long only when you are 100% sure that the market will go that way. Else, your crypto will vanish faster than a magician vanishes his assistant. poof

So if all the above mentioned ways have flaws, which is the best way to earn more profit in the crypto market? I like to call it as ALL TIME HIGH (ATH) TRADING.

A new way of trading, ATH TRADING.

The whole purpose of the ATH trading method is to get more profit, more free time, reduce risk. It is nothing but the sell order of the coin is set near to its ATH. THAT’S IT! Yet it has so many benefits to offers. Some of them are.

Bear or bull market doesn’t affect you.
Crypto market will move up and down. Each and every coin has its rally where it shoots up for no reason.
It may shoot 1, 2 or 3 times doesn’t matter, there is always a high chance of it touching its previous ATH it may take 1 year or it may take 1 month, doesn’t matter.

Time for other stuff without missing out on crypto gains.
You will be getting all the benefits of the crypto market without losing on the time. You will have addition free time which you can use for blogging, market research, new business, youtube, etc. This gives you more freedom.

You will look forward to the bear market.
One crazy side affect us that you will wait for the bear market in order to purchase coins for the future. The lower you get, the more you will earn. And even if you don’t purchase the coins way below its ATH, you can at least take 3x to 5x every time it touches its ATH.

You will have a new target every time.
After a coin hits its ATH, usually it follows by some dump. If it continues further and reaches a new ATH, it’s still not a problem.
When the coin again is in dip, you will have a new target to set to the new ATH and once again we can wait for the market to go up.

The news about the coin will come to you!
If you invest in a coin and it reaches its ATH, it will be all over the crypto market news and community. So you would know that it has reached its ATH and you won’t have to check it.

However there are some drawbacks to ATH Trading as well.

It is a game of patience.
It is for the people who are in it for the long run.
There is no guarantee when a coin reaches its ATH.
It should only be applied to only on ALT COINS.

The ultimate aim is to make more Bitcoins.

ATH trading will be right for you if you believe in Bitcoin. Bitcoin’s value has grown significantly in the past and will continue to do so in the future as well. With the predictions coming in at so much high in number, it will be a good thing to try to gain more bitcoins instead of just HODLing Bitcoin.

So here it is. A new way of trading. ATH Trading. What is your opinion on it? Comment below and tell me whether this is a good idea or not.