Hello all,

Lets deep dive to crypto trading strategies i use, its pros and cons and everything you need to know

First of all, crypto trading is never easy! Volatility here is insane. You may see your portfolio having wild swing of 5-10% on a normal basis but unusual for stock market enthusiasists as this their yearly expectations.

This is majorly because, crypto is a volatile speculative risky asset.

I use Binance for Trading

Now, to trade crypto, you should know about kill zones

Morning - Asian

Afternoon - Europe

Evening - New york session

You should be able to track dollar, bonds too

Mainly, crypto is correlated to american stockmarkets, it's events.

Majorly, i track the upcoming events through

- Forexlive

Now, talking about the strategies, i use a combination of fundemental + technicals

1) DCA (Dollar cost averaging)

Dollar cost averaging simply means averaging out the entry price and make the loss trade profitable.

Suppose, a trade you took at 10$, you bought 10 quantities, so you invested 100$

Now, lets say, price falls to 7$

You can avg out here buy buying more, so that when price retraces again 10$, you are at good profits.

Now next strategy is

2) Sclaping

Scalping is a type of trading where you go in and out quick and you look at the charts like 1-2-5-15mins maximum.

These are mainly fulltime professional players, who sit infront of systems for trading hours and make a living out of it.

Now lets talk about another strategy

3) Arbitrage

Arbitrage is a kind of policy where we sell similar assets at a small price gap opportunity.

Suppose,

You see, price of a coin diffferent at another exchanges, you can transfer the coins and have quick arbitrage opportunities.

4) Range trading

Range trading is a trading where we trade consolidation phases. When market ranges and consolidates, we just short the resistance and long the support.

5) Breakout trading

Breakout trading is a kind a opportunity trade where we plan the trades beforehand and when price breakouts resistance, we take a quick scalp

6) Price Action Trading

Price action enthusiasts many time just keep it simple and rely on simple support and resistance type trading and much more. They use simple price action patterns like bullish continuation, bearish continuation, reversal patterns.

7) Indicators :

Some traders rely on indicators like cpr, vwap, macd, vwap, fibonnaci retracement etc along with their trade setups.

8) Harmonic trading :

Harmonic trading is a type of trading where traders use defined type of harmonic patterns like bullish crab, bulllish butterfly which have pre cordinates set in them which helps the traders to mark the timeframe when the trades will be finished and exact the sniper entries.

9) Smart money concepts

Smart money concepts are the new trending strategies which are also known as institutional trading strategies. As this trading strategy is still unfamiliar, this do have a high level of accuracy of setups but very deep and complicated to learn.

10) Algotrading strategies

This strategy is very early adopted by instituons. Algo itself self execute the trades and completed with seconds according to the pre determined formulas and executionary setups.

Hope we had a detailed info on type of strategies in depth.

Do leave some kind words and engagement for a motivation ahead to keep posting and hope you foind these insightful.