2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.
For me this is the most essential in maintaining profitability in cryptocurrency sphere. Not only this will save us from unnecessary losses, it will also give us advantage in knowing the possible trend of the ventures we are dealing with. Doing market research enable us to mitigate risk involved in certain ventures, it will also lead us to have a well sound decision because of the information we have in hand.
Not only that researching the market also enable us to know about the current trend of the market and it also enable us market that is about to phase out so we can avoid investing on it or sell our holdings if we have them.