What is the best strategy for trading crypto?

[Chibson]

I think the application of all strategies in cryptocurrency, comes after knowledge that's to say without knowledge, it will be very difficult to know and apply strategies in trading.

It is not even possible for you to make money in cryptocurrency consistently if you do not have knowledge. You can only make money by luck if you don't have knowledge about technical and fundamental analysis.

 

[Abigael]

Most people prefer to hodl cryptocurrencies. This is the process of buying them when they are low and selling when the prices go high. It is a safe method but requires one to be really patient. You are required to invest money that you don't really want to use soon.

 

[Nomad]

I don't think there is something like the best strategy, you will have to work and find yourself. The strategy that has worked for me might not work for you and the one that might work for you might not work for me. It all depends on your skills and knowledge.

 

[Skysaint]

I don't think there is something like the best strategy, you will have to work and find yourself. The strategy that has worked for me might not work for you and the one that might work for you might not work for me. It all depends on your skills and knowledge.

You're right about that. Except for the general rule that we are to invest when the market is down and exit when it's back to its original value or more , I think the rest of it is something that we need to figure out by ourselves.

 

[Nomad]

There is no need to exit when the market is going better, you can continue to hold your assets for better profits. If you have invested in the right kind of assets, you will also receive dividends on your assets and earn passive income.

 

[Abigael]

I don't think there is something like the best strategy, you will have to work and find yourself. The strategy that has worked for me might not work for you and the one that might work for you might not work for me. It all depends on your skills and knowledge.

I agree with you. Strategies are different for everyone. You have got to choose one that will work well for you. All kinds of trading are profitable as long as you know what you are doing.

 

[Connor909]

Your personal tastes, risk tolerance, investment objectives, and market conditions will all play a role in determining the ideal trading strategy for cryptocurrencies. Day trading, HODL (buy-and-hold), futures trading, arbitrage trading, high-frequency trading, and range trading are a few of the well-liked methods for trading cryptocurrencies.

 

[Yohanna]

The strategy to adopt in cryptocurrency investment depends on individual preferences and what you believe will be the best to suit your trading style.

 

[Mayorla]

There are plenty of startegies you can use when trading Cryptocurrencies.
There is nothing like best strategy to use, The best strategy depends on what works for you, I use price action for my trading but some People base their strategy on pure fundamental analysis.

 

[Riberet19]

I would not say that there is a better way than another to tell the truth, or at least from my point of view, but I personally like to do it in spot since in my criteria the risk is much lower.