top crypto to invest

The best crypto trading strategies in 2020

Cryptocurrency prices are very volatile and subject to manipulation. The market possesses great potential to grow and make huge profits. If you want to survive in this market, then you will have to play smart and put a few trading strategies in place. these sis strategies will enable you to thrive like never before.

Arbitrage

Our first trading strategy is a very advanced one, whose main cause is market imperfections. Arbitrage traders take advantage of the imbalances in assets and other financial instruments by making money off their differences. The best part is how simple this strategy is, you can adapt it even without any experience of the market. All you need is a little technical knowledge.

Swing trading

This is another recommendable strategy for this year. It is a long-term strategy whereby the trader holds on to their assets for a long period of time, it could be a couple of hours, days, or even weeks.
This strategy requires a lot of technical analysis before entering into the market since you need to first identify the trend in the market.

Range trading

This is a very popular technique within the crypto sphere, applied by most traders and dealers. The first thing you need to do is identify the oversold as well as overbought assets within the market. Then you will simply proceed to sell the oversold assets and buying the overbought assets.
In essence, you are identifying the price of assets and coins, buying them just like any other investors, and then waiting for the prices to reach their peak level before you can sell the assets. It always comes in handy when there is no suitable trend in the market.

Scalping

This is a very lucrative strategy that utilizes small fluctuations in the price of a crypto coin. Investors tend to buy coins and assets at low prices and sell them at higher prices and sometimes vice versa.
Traders who apply this technique are called scalpers; and a scalper needs to be familiar with the ups and downs of the market, all its conditions, and deep knowledge of the particular asset that they are trading.
Most scalpers have about 100 trades daily and they are always ready to take full advantage of specific fluctuations in the market. They should have the ability to use volatility and fluctuations to their advantage.

Day trading

This type of trading only allows for very small fluctuations in that you buy and sell coins and assets within a day. It is a very lucrative way to trade, as the trader makes the most of the changes within the day and they get to withdraw their cash on the same day.
Three factors are considered in this trade and they are namely trading volume, liquidity, and volatility. And it only works when the market is doing well. the longest a trader can hold on to their asset is a couple of hours.

Position trading

This is another great strategy in the market for 2020. A position trader is a long term investor who does not concentrate too much on a small day to day or monthly fluctuations. Such a trader may only conduct 2-3 transactions in a year. In fact, the only time that this strategy is imposed is in case of a complete shutdown or a threat to their assets.

Share this post

Share on facebook
Facebook
Share on pinterest
Pinterest
Share on print
Print
Share on email
Email

One Response

Leave a Reply

Your email address will not be published. Required fields are marked *


Explore Gambling Freedom

Crypto Casinos

The best cryptocurrency casinos online
Read More

Tron Casinos and Bonuses

The best Tron casino bonuses online
Read More

VPN Casino Bonuses

The best VPN casino bonuses online
Read More

Bitcoin Cash Casino Bonuses

The best Bitcoin Cash casino bonuses online
Read More

Bitcoin Casino Bonuses

The best bitcoin casino bonuses online
Read More

Litecoin Casino Bonuses

The best Litecoin casino bonuses online
Read More

Ethereum Casino Bonuses

The best Ethereum casino bonuses online
Read More

Monero Casino Bonuses

The best Monero casino bonuses online
Read More