Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
In Cryptocurrency generally, profit is taken from buying and selling. Here anyone can research as much as they want, create new strategies and apply them to make or lose money by buying and selling. Now the question is, will everyone follow the same strategy? No. Here different investors can make a profit by adopting different strategies. The strategy is constantly changing.
We can always create or apply the applicable strategy depending on the market situation that we have. It might be a trial and error process but we can still pick an effective strategy wisely. It's not just about buying and selling but rather smart buying and profitable selling. We should always make sure that our strategy will always be effective and would not cause us high losses.
We should really that versatile and this is a never ending learning because this market provides out different situations or moments where prices could neither be that worth to take some action or would
wait up a little bit more and actions would be made will really be varying on someones skill and knowledge towards the market.It would be understandable that strategies will really be that dynamic
or really needs to be changed up depending or according to the market condition.It would really be just common sense that you would be making out adjustments basing into that.
It would really be that understandable that you should really be needing this step or acts.