Trading strategies, focus on long-term profitability in trading, how to set your crypto bots, how to think strategically, risk management, macroeconomic analysis of events impacting trading and the market, using the CLEO.one platform.
Everything you need to follow to go from 0 to consistent profitability.
No option is unequivocally wrong or right. We will try to clarify some of the reasons behind choosing BTC or USDT to trade in. You’ll be able to pick the one that fits current market conditions and your preference.
Trend following crypto trading strategies try to ride the price momentum of the cryptocurrency in the direction that it’s headed. Price is going up or down and you want to open a position in an established trend. Then close it when the trend stops. The classic buy low - sell high.
In August 90% of ETH holders were in profit. This brings up an interesting question: is it better to hold it or trade it? Trading is highly individual and has plenty of approaches so an absolute answer is impossible. However, we can explore some very common crypto trading strategies and see what might help you make the most out of a bull run. The similar experiment for trading Bitcoin during the 2017 bull run pinpointed some easy and profitable strategies. We hope to provide the same again.
If you are interested in making money of crypto for longer than a few lucky breaks, backtesting should be a tool you are cosy with. There is hardly a profession today that does not rely on data and historic research to devise a strategy. Backtesting crypto strategies has become so easy, that this blind spot for the rest can be your edge.
To be profitable in the long-term you need to know how you tick, and what kicks you off your course. Even if you plan there will be doubts. Let's look at some biases that get a bit less attention than loss aversion or anchoring, making trading psychology harder to master.