We know that there are many strategies for trading crypto currencies but not all of them are accurate, what is your experience as a trader, which crypto trading strategy is the best?
What is the best strategy for trading crypto?
- Thread starter Imran_Noori
- Start date
The most common trading strategy that is adopted in cryptocurrency is the holding strategy.
There are very few cryptocurrency investors that would do spot trading.
I don't know much crypto currency trading strategy as i currently don't trade crypto currencies. I do know most traders hold their crypto currencies until they are sure that the market is good.
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One trading strategy I've seen a lot of pro traders claim as the best is price action trading.
I would say the best strategy is that which works best for you. I've tried price action trading but it was complicated for me. Using RSI has been a great one for me.
I would say the best strategy is that which works best for you. I've tried price action trading but it was complicated for me. Using RSI has been a great one for me.
If you are trading crypto with the end goal of obtaining short-term gains, then your safest bet is to trade via a method called spot trading. As its name suggest, spot trading enables you to earn profit on the spot
would say the best strategy is that which works best for you. I've tried price action trading but it was complicated for me. Using RSI has been a great one for me.
Meanwhile, what works for me might not work for you, so scrutinize your plans
Meanwhile, what works for me might not work for you, so scrutinize your plans
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One trading technique
Many professional traders have claimed that price action trading is the finest.
The approach that works the best for you, in my opinion, is the greatest one.
Although I tried price action trading, I found it to be too challenging.
I've had amazing success using RSI.
Many professional traders have claimed that price action trading is the finest.
The approach that works the best for you, in my opinion, is the greatest one.
Although I tried price action trading, I found it to be too challenging.
I've had amazing success using RSI.
MaxMass
Familiar Face
One of the most effective crypto day trading strategies is scalping, since it exposes traders to less risk while offering a higher number of trading opportunities. Scalping involves profiting off small price changes and making a fast profit off selling.
Should be professional in training and well known about cryptocurrency as well in this way you can give your target mark or profit as well.
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Well I think the best strategy is to be professionally train first and well known about cryptocurrency as well in this way you can give your target mark or profit as well.well these my opinion
One of the most effective strategies are used in the cryptocurrency market is dollar cost averaging. It has really been very effective for me and I have made some profit.
This method is actually quite effective as well but I prefer spot trading even more because that was what I started out with and what my mentor painstakingly taught me best lol.
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Im not into crypto trading as it's now. I have interest in crypto and forex trading but I'm afraid to venture into it. Before I will start, I will need an expert in the crypto trading to teach me the rudiments of trading.
Well, in my opinion, the ideal plan is to become professionally trained first and knowledgeable about cryptocurrencies in order to achieve your desired mark or profit. Well, these are just my opinions.
Dollar cost averaging is an investment strategy. If you have $100 for example you can decide to invest $10 every month and from there you will catch almost every price.
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I don't think we have any specific strategy. Everybody have their own unique strategy for trading a crypto market . A lot of people may be Scalping , a lot of people may be engaging in swing trade while others may be trading a very low time frame.
Absolutely.. I personally have traded cryptocurrency before. I know how the cryptocurrency is likely to be when you do not have an understanding of what you are doing. it is not always a funny experience as you are likely to lose.
Actually people always have different knowledge and understanding about what the beat strategy is in crypto investment. personally I always admit that knowledge is the best before you could start any investment.
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There is no possibility of any strategy for investing in cryptogrency because know know it's not stable or constant thing at a time. So, everyone is trying this in different manners to get profit that's it.
The best ever strategy and could also be considered as the basic thing to learn is actually investing when the value of a coin is low and exiting when the value becomes high.
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