What are the best strategies for trading cryptocurrency in 2018?

1 answers

• Marco AstudilloDec 29, 2020 · 5 years ago
  As an expert at BYDFi, I can tell you that one of the best strategies for trading cryptocurrency in 2018 is to take advantage of the volatility in the market. Cryptocurrencies are known for their price fluctuations, and this can present opportunities for traders. By buying low and selling high, you can make profits even in a bear market. It's also important to stay updated on the latest news and developments in the cryptocurrency space. This can help you identify potential catalysts that could impact the price of a particular cryptocurrency. Additionally, it's crucial to have a solid risk management strategy in place. This includes setting stop-loss orders and not risking more than you can afford to lose. Remember, trading cryptocurrency can be highly risky, so it's important to approach it with caution and only invest what you can afford to lose.
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