Post
Topic
Board Trading Discussion
Re: Two important strategies in crypto trading
by
strongwarrior238
on 01/08/2018, 03:28:06 UTC
In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.

Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
I believe that the two most important things you can do successfully in the crypto market are accurate technical analysis and market psychology. You can see that the market is fluctuating continuously and no country is out of control, so bitcoin and other prices are always fluctuating very strong and adjusting in a very large amplitude. So you need to analyze accurately to be able to trade successfully and reduce the risk.