Post
Topic
Board Trading Discussion
Re: How do you gain profit in crypto trading?
by
Wapfika
on 02/10/2024, 14:17:39 UTC
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices.

This will not work in long term due to a lot of news happening on crypto literally every minute. You can check all the news related to crypto on cryptopanic and see for yourself how many the news being created related to crypto.

If you will trade based on news then you will be confused on your trade and it will create psychological difficulties on your decision making. I think the basic technical analysis is still perfect way on crypto trading or simply just hold if you want to earn in crypto long term.

Crypto is so volatile that makes it very hard to trade short term.