Cryptocurrency

February 23, 2020

Updated:

August 22, 2024

Cryptocurrency Trading Strategy: Bitcoin Trading

We just covered Proper Risk Management, and this is the part two for crypto trading. The day trading cryptocurrency strategy we have developed is used in our signal group. We recommend you controlling your emotions, using no more than 3% of your position on any one trade most of the time, and establishing a stop-loss (or stop-limit order).

The Best Cryptocurrency Trading Strategy for Bitcoin Trading

We just covered Proper Risk Management, and this is the part two for crypto trading. The day trading cryptocurrency strategy we have developed is used in our signal group. We recommend you controlling your emotions, using no more than 3% of your position on any one trade most of the time, and establishing a stop-loss (or stop-limit order).

What is a the best crypto trading method?

We want you to avoid liquidation, whether you are in our signal group or not. So, for most traders, they need to avoid using bitmex, because they are trading against you and it requires experience to use their platform. For those that have experience in bitcoin trading, click our link to sign-up here.

Instead, you should sign-up for BitSeven, here, or Bybit, here. Those two have their pros and cons, but are much much better than bitmex when it comes to liquidations, especially BitSeven. Check out the full review of the exchanges, here. Below are summaries of the exchanges.

Bitmex Trading

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Bitmex is a perpetual trading platform that allows you to trade cryptocurrencies with a low leverage (10X and under) for a long-term. Anything over that and it’s a lot easier to liquidate you. We have our bitmex signals group which you can join here.

BitSeven Trading

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BitSeven allows contracts only up to 10 days. They allow you to have anti-liquidation trades unlike Bybit and bitmex. They also are the only exchange that allow you to atomic swap between bitcoin and other cryptos. They also are the simplest exchange to use of the three. Join here.

Bybit Trading

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Bybit is like if Binance and Bitmex had a baby. No freezes during high volume trades unless using the mobile site and a great looking exchange. Join here.

AltSignals Team

Proficient authors guiding you with transparency, integrity and education through the finance international markets

The AltSignals writing team consists of experts dedicated to the world of finance and technology, with a particular focus on cryptocurrencies and forex. Our writers bring a broad range of knowledge and experience, cultivated through years of arduous and direct involvement in financial markets, as well as intense technological collaboration.

Editorial approach

At AltSignals, we believe that transparency and education are the key to empowering our readers. Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders.

Commitment to quality

Integrity is certainly the foundation of our editorial process. The team follows rigorous journalistic standards with careful review, all to ensure that each publication is meticulously researched and exceeds our readers’ expectations.

Our mission is to provide analysis that informs as well as guides users and enthusiasts through the complexities of the cryptocurrency and forex markets. In line with our motto of “quality over quantity”, we guarantee that only the highest quality trading signals are published.

In addition to our commitment, which extends beyond the simple transmission of useful information, our in-depth analysis focuses on profitability and effectiveness squarely, avoiding the common industry habit of prioritizing profit over accuracy. Our traders are strategic experts who offer personalized help to those seeking worthwhile portfolio management tactics.

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Our authors are proficient in a variety of topics across the financial spectrum, from emerging trends in blockchain to the nuances of forex trading. This diverse range of knowledge allows the team to cover several topics, ensuring our content is always comprehensive and deeply specialized.

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We understand that the world of trading can be complex for many. Therefore, alongside producing informative articles, our team is also committed to interacting with the community. Through comment sections, forums and direct support, we encourage our readers to seek clarification and sharpen their understanding, promoting an environment of continuous learning.

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Looking to the future, the AltSignals writing team is imbued with a vision that transcends regular publishing, and continues to dedicate itself to discovering and reporting on the latest innovations and trends available in the market. We are constantly seeking to improve our skills and expand our knowledge, with the ultimate goal of being a reliable and respected source in digital financial journalism.

There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

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