What is the best strategy for trading crypto?

[Rolly_blen]

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?

Scalping is one of the best day trading methods for cryptocurrencies because it absolves traders of huge risks while providing more opportunities for investors in the form of profit.

 

[HayKay]

The best strategy will depend on you. That's why you need to familiarize yourself with almost all of them or have basic knowledge of how they work. Then, you'll be able to choose which will work best for you.

 

[Syldan]

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.

 

[Setho]

One of the best things that you can do for yourself if you want to make money in cryptocurrency is to actually understand how the ecosystem works because it can really be tricky.

 

[eenya00]

there are no best strategy for trading crypto currencies, the best strategy is your money management plans which is very crucial and important to your success as a crypto trader and you need to have it.

 

[tyrim88]

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

That is very true,the strategy that works for you might not really work for the other person,that is why you have to discover the strategy that really works for you,and then trade with it.

 

[Agbalagbaa]

Like it or not you might have a working strategy but you'll not earn money on the cryptocurrency market, trading is not about having strategies is about the person in the mirror.

 

[Mohammed Rashid]

There is no way to develop a strategy for investing in cryptocurrency because it is not a stable or consistent thing at any given time. So, everyone is attempting this in various ways in order to profit.

 

[Sotherefore]

It will definitely depend on you as a person. There are different type of strategy that can be used to trade the crypto market . Its all depends on what knowledge you have been able to require that will determine the strategy you will need to trade the market.

 

[Lynaia]

High volatility and high liquidity should be most things you're considering when you're picking up new coins and people have been saying it's good to reinvest the profile you take in crypto

 

[Sincerem]

The best strategy that can be used to trade the crypto market is based on technical and fundamental analysis. You really have to learn how these things work first before you can be able to have your own unique strategy

 

[eenya00]

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.

This strategy does not work quite well as you would definitely lose from this sort of strategy but as you said, you are not a crypto trader so you so not understand the intricacies involved.

 

[Ronny_4son]

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?

I think that buying coins which have great potential and a low market capitalization could be key. You need to ascertain whether it is a long or short term investment and act accordingly.

 

[Imran_Noori]

I think that buying coins which have great potential and a low market capitalization could be key. You need to ascertain whether it is a long or short term investment and act accordingly.

Definitely, this needs some researches before investment because you should find those coins with high potential and low market cap, if you do good researches about it then you can find many good coins.

 

[Ronny_4son]

Definitely, this needs some researches before investment because you should find those coins with high potential and low market cap, if you do good researches about it then you can find many good coins.

The study of these coins beforehand is quite important. You need to be aware of the coins with prospects and the ones to stay away from prior to deciding which coin to invest in

 

[Sincerem]

Learning is the only way out because through learning you can be able to develop a good trading strategy and style that can give you a high accuracy of predicting the market with profit. The best strategy as I understand is swing trading and scalping for people who are interested in immediate profit

 

[Smiles20]

The best strategy for trading cryptocurrencies is in fact having a lot of strategies. You are going to find it easy to navigate every single market and condition that you are going to face.

 

[Good-Person]

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?

I think that there are various different kinds of strategies when it comes to cryptocurrency trading. I have also been using them, but not all of them are always effective.

 

[Smiles20]

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

There is absolutely nothing that is going to beat somebody who has vast knowledge about the financial market. This is what a lot of people fail to understand and the end of making huge mistakes.

 

[Skysaint]

I really don't know if there's a best strategy for trading in the cryptocurrency market because it would be the situation of the market that would tell a good trader what strategy to effect at that time.