I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.
Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.
I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.
There is nothing that could be called safe strategy. The safest thing you could ever imagine would be DCA purchasing of bitcoin and even that is not guaranteed income. What you should do is divide your money into 20 and then buy it once a day that takes 20 days, you could even do once a week and that takes 20 weeks, and that means you are buying at all prices, downs and ups, and that way you will not be buying at the top but not at the bottom and somewhere around the between levels most of the time.
Choosing bitcoin would be acceptable as well because it is the biggest coin and even though its volatile, it is not as volatile as other coins which could move 50% a day very easily because they have less liquidity. That is why I think it is quite obvious that this is the most "safest" strategy but even doing this you could do it now and then in 5-6 months later it could crash to under 20k and you would lose money.