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!
Trading shitcoins, especially new coins hold high risk of losing its value in a day or two after it was launched so it is not the perfect coin for you to because you want to do short term trading. My opinion will be choose bitcoin and other top coins with a stable coin pair so that you can buy low and sell high, you can even opt for price alerts from the coin tracking sites so it will be easier for you to execute trades at perfect time.