Cryptocurrency

February 23, 2020

What is the Best Cryptocurrency Trading Strategy?

Here at altsignals, there are calls for both long and short positions, and you can actually take out both positions in one accout with BitSeven, here. Check out our full reviews here and here.

The Best Cryptocurrency Trading Strategy

We all know a friend that FOMO’d to buy the dip, right? Maybe that person is you. We’ve all been there at some level, whether it was the stock market, forex or cryptocurrencies. Inexperienced traders come in with a bad strategy or no strategy. But we need to assess the market to know what the market tells us to do. We can’t be married to a position as a trader. Some traders are only good at taking out a long, and others are better at shorting. So, some traders can do both. Let’s talk about the best cryptocurrency trading strategy.

Here at altsignals, there are calls for both long and short positions, and you can actually take out both positions in one accout with BitSeven, here. Check out our full reviews here and here.

Here’s an excerpt from our FOMO article, here:

The following formula is needed to grow your crypto wallet:

Initial Investment + Proper Risk Management = Increased Wallet Size

If your initial investment is 100 USD/AUD/YUAN, you should invest with only 3% of your portfolio at a time. You need to properly set a stop-loss, take-profit level and proper leverage.

A stop-loss is a an automatic pricepoint where you will close your position, at a slight loss, but no liquidation. A liquidation is where you will loss 100% of your entire trading position. With our crypto calls, you don’t get liquidated. You get a larger portfolio to trade with.

A take-profit level is an automatic pricepoint where you will close your position at a profit. The reason for setting this, is that you can be asleep and still make a profit. Also, you can safely trade crypto by setting a pricepoint. Most traders lose money because they don’t have a target and don’t get out of their positions. You must always take a profit, or the market will.

Proper risk management means you will only use a small amount of your portfolio and get many wins to build it. It’s not using all of your portfolio. Some advise that you use no more than 25% of your portolio. Most of our signals say you should only use 3% of your portfolio. In this way, you don’t suffer irreversible losses.

Check out our telgram trading signals group here.

The best crypto trading strategy should have you INCREASE your bitcoin wallet size, not decrease it.

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.

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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.

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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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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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