Tips for Making $100 a Day
Having a dedicated trading account separate from your holding portfolio, using tools like Lux algo and RSI, and being able to stomach market volatilities are crucial for successful cryptocurrency trading.
Key insights
📈You will need a dedicated trading account, separate from your holding portfolio, and should never mix the two.
💹Making two to three percent wins repeatedly can lead to significant portfolio growth.
📈We can't time bottoms we can't time tops but there's a lot of opportunity in the middle.
📈Knowing when to enter the market is crucial, and the Lux algo can help with that decision.
📉Waiting for the RSI to be in the 30s or below before entering a trade can be a valid approach to trading.
💰The one hour time frame allows for higher profits of seven to ten percent gains compared to the 15 minute time frame.
💰Being able to stomach market volatilities is crucial for successful cryptocurrency trading.
🔄The trend Tracer is useful for a macro view of the market, while the trend catcher is helpful for making short-term trading decisions.
