Crypto Trading Strategies That Work

If you’re looking to make more money in the cryptocurrency market, then you’ve come to the right place. In this article, we’ll explore some of the best crypto trading strategies around, and how they can help improve your bottom line without compromising your Bitcoin value or integrity in any way. We will also discuss some of the best ways to execute these strategies properly so that you can get results as quickly as possible.

Crypto Rules

3 Essential Rules for Crypto Trading Success (I) If you’re new to crypto trading, you might feel like there are too many terms and tools to learn about. This can be overwhelming, but don’t worry: it gets easier with time! One of my biggest tips is to ignore complex analysis and focus on a few simple rules that can have a dramatic impact on your performance. For example, let’s say you buy Bitcoin at $2,500 USD and wait until it hits $3,000 USD to sell it; if it drops back down before then, you could potentially lose out on $500 USD of profit! To make things even more confusing, sometimes cryptos payout in BTC or ETH rather than fiat currency like USD.

Cryptocurrency Exchange

A cryptocurrency exchange is an online platform where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. Exchanges charge transaction fees and a commission for each transaction, so it is important to choose carefully. This guide will teach you how to find a reliable crypto exchange and save money on fees while trading Bitcoin, Ethereum, and altcoins. If you’re interested in trading cryptocurrencies but don’t know where to start, read our full guide here.

How to Pick a Cryptocurrency Exchange

Choosing a cryptocurrency exchange is a tricky process, especially if you don’t know much about them. Thankfully, we wrote a guide for newbies that can help you determine what factors to consider and how to pick an exchange. Here are some questions you should ask yourself before signing up with an exchange: Who owns and operates it? Are they trustworthy? Is their reputation good? How do I even find out more information about them? What are some of their unique selling points? Does it offer leverage trading or margin trading or any other special features that could be useful in your situation? Does it have low fees and transaction costs? And lastly, but perhaps most importantly - is there support available if something goes wrong with my account or transactions on that exchange platform?

Tips for Choosing the Right Crypto to Trade

The crypto market is in a constant state of flux and new projects are constantly being created and tried. This means there are a lot of opportunities to get in on low-cap coins that have explosive growth potential if you can identify them at an early stage. Keep in mind that no two coins will grow at exactly the same rate, so it’s important to diversify your holdings so you’re not getting all your eggs in one basket. Most people don’t want their entire crypto portfolio exposed to one or two high-risk coins, so it's important to mix up your trades every now and then.

Stop Losses vs. Buy & Hold - Which Is Better?

Ask any crypto trader what their single biggest mistake is and chances are they’ll say not using stop losses. The truth is, stops don’t work as well in crypto because volatility can change so quickly, but that doesn’t mean stops aren’t useful for crypto traders. Like a lot of things in trading, there are right ways and wrong ways to use them. In fact, I recommend every trader do a backtest of their strategy—with and without stop losses—so they can see how effective they really are over different time periods.

Cut Your Losses On A Losing Trade!

It can be hard to cut your losses on a losing trade. To keep yourself from doing that, set a loss limit. This is the amount of money you are willing to lose in total. When you hit that point, it’s time to leave and do something else. It’s better to walk away with $500 than lose all your money.

The Basics of Technical Analysis (TA) and How to Use It to Evaluate Crypto Investments

Technical analysis is one of those Wall Street investing tools that many people tend to avoid because they either find it difficult to understand or simply can’t be bothered to spend time learning. However, while TA can be a daunting concept, you really don’t need to have years of Wall Street experience under your belt to understand how it works and how you can use it. As with most things in life, there are simply some basic concepts that you should know in order to begin using TA effectively. Here are just a few basics for beginners

Understanding Support and Resistance Levels in Cryptocurrencies (DASH/USD, XRP/USD, ADA/BTC)

Now, as we’ve seen above, support and resistance levels can be useful for trading. But in order to make good use of them, you first need to understand what they are and how they work. Let’s break it down with an example of Bitcoin (BTC). On August 14, 2017, BTC hit an all-time high of $4,880 before dropping to a low of $3,130 three days later on August 17. The price dropped by a total of 28% over these four days — not because there was negative news about Bitcoin but simply because the demand had dried up temporarily. Traders may have been taking a break after seeing those gains and waiting for confirmation that more bulls were ready to run up prices again.