CryptoRobotics
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TOP 3 popular crypto trading strategies for beginners🔥
🧗♀️Scalping
The essence of scalping is making many transactions during the day to get a small profit up to a few percent.
How to trade?
It is important to define two key parameters: support/resistance levels and trend direction.
If the price rebounds from the lower limit, this is a buy signal, and if it bounces from the upper limit, it is a sell signal.
📈Trend trading
When trend trading, you need to determine in which direction the price is moving at a given time. Trends are local and global.
How to trade?
If the trend is directed upwards, then it is necessary to highlight the key support and resistance levels - and it is worth starting from them. The support zone is suitable for opening long positions, and the resistance zone is suitable for closing.
💱Crypto Arbitrage
There are two main types of crypto arbitrage: inter-exchange and intra-exchange.
Inter-exchange arbitrage
▫️ Buy cryptocurrency on the first site at a lower price.
▫️ Transfer coins to the second crypto exchange.
▫️ Selling at a higher price.
Intra-exchange arbitrage is the use of an intermediate trading pair within the same exchange. The course in different pairs can also vary greatly.
▫️BTC to ETH exchange;
▫️Buying LTC with ETH;
▫️Selling LTC for BTC.
Put a 👍🏻 on this post. And if he scores 10 reactions, we will tell you about other trading strategies for beginners!
🧗♀️Scalping
The essence of scalping is making many transactions during the day to get a small profit up to a few percent.
How to trade?
It is important to define two key parameters: support/resistance levels and trend direction.
If the price rebounds from the lower limit, this is a buy signal, and if it bounces from the upper limit, it is a sell signal.
📈Trend trading
When trend trading, you need to determine in which direction the price is moving at a given time. Trends are local and global.
How to trade?
If the trend is directed upwards, then it is necessary to highlight the key support and resistance levels - and it is worth starting from them. The support zone is suitable for opening long positions, and the resistance zone is suitable for closing.
💱Crypto Arbitrage
There are two main types of crypto arbitrage: inter-exchange and intra-exchange.
Inter-exchange arbitrage
▫️ Buy cryptocurrency on the first site at a lower price.
▫️ Transfer coins to the second crypto exchange.
▫️ Selling at a higher price.
Intra-exchange arbitrage is the use of an intermediate trading pair within the same exchange. The course in different pairs can also vary greatly.
▫️BTC to ETH exchange;
▫️Buying LTC with ETH;
▫️Selling LTC for BTC.
Put a 👍🏻 on this post. And if he scores 10 reactions, we will tell you about other trading strategies for beginners!