#Trading_TIP ๐
The whole point of being around the crypto market as an investor is to invest at the right time for higher profit margins. But only the knowledge of one booming cryptocurrency to invest in is not enough to generate phenomenal profits.
It is important to statically predict the short and long positions depending on the circumstances. Otherwise, you might end up stuck in various positions selected randomly and might lose all your capital.
Market is highly volatile so use proper risk management. In the risk Management one of the main part is "Exit Strategies" Here are best Crypto Exit Strategy that covers how to generate higher profit.
๐ 1 Price-based Exit strategy
๐ 2 Gradual exit Strategy
๐ 3 Return-based Exit Strategy
๐ 4 Opportunity-driven Position Exit Strategy
๐ 5 Cycle Exit Strategy
๐ 6 The need for Crypto Exit Strategy
๐๐ For more details (https://coinopine.com/crypto-exit-strategy/)
