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Start a crypto trade with the right mindset and a clear strategy.
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This is also a smart strategy to follow for those who are not full time traders. It's conducted by executing hundreds of trades per day in an attempt to make a small profit from each trade. A buy and hold strategy usually outperforms an active trading strategy. What we have described here are simple crypto trading strategies for beginners, ideal for those without the means or desire to spend time doing technical analysis. Now, once you are in a trade and the price goes up, you have to think about the best time to get out of the trade (if you speculate on the price growth). In general, there are three trading strategies used by traders: That is, some tips for automating your cryptocurrency trading using software. If you're only buying bitcoin, ether and other currencies in order to sell them at a profit a short time later, then the investment is turning into speculation.
As part of our crypto trading education center, we've set up resources to help you learn the basics and get you on your way to successfully trading crypto and other digital assets.
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The crypto market is a 24/7 global market filled with volatility.
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