Hi there!
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.
For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.
So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?
Thank you!
If you are looking for the safest strategy to earn profit then just hold besides, you have mentioned that you don't want to be a full-time trader so perhaps holding would perfectly fit for you. Or you could have just done the spot trading, buying at a cheap price wait till it goes up and makes a profit then sell. You can hold your coins with no pressure in spot trading so it is less risky than any other type of trading. Investing on top listed coin also reduce the risk of losing your money so you were probably want to stay out from newly created coin as they were riskier.