What is your strategy to trade in crypto market?
Crypto market is the place where most of people want to achieve their dreams, but in fact some lose their money, because they have no strategy for trading
So, what is your strategy to trade in crypto market?
According to me , I divide my trade into 2 equals parts and 2 phases ( After I do search about the coin , which I will buy )
For example I have .2 BTC for the trade; I divided it to .1 BTC for phase1 & .1 BTC for phase2
1- Phase 1
I buy only with .1 BTC let us say at .00002 BTC and the amount was 5000 tokens
If the price up
I will sell half of amount when the price up by double (sell 2500 tokens at .00004 BTC)
Because, I assure return my money to enter new trade, and I keep 2500 tokens as long investment
2- Phase 2
If the price down
I wait till the price is half of my first bought, mean at .00001 BTC
And I buy double of amount of tokens, mean 10000 tokens
At this time, I have 5000 tokens from first phase1 & 10000 tokens from phase2 and total of my money for trade .2 BTC
So, I will get out of this trade at .000015 BTC (if I am afraid that the market bad situation, and return my money )
If the market seems good, I will keep the trade till best time