One of the best way to earn from #Crypto market is to trade and that is the most interesting part as well. This is a vast field inside the market and almost 70% of the crypto users are involved in trading. Traders are trying to earn a good money to take their monthly benefits out.

Its also to keep in mind that trading is not as easy as it looks. Its the most risky and hard thing to do and for it to be successful you must have enough knowledge to become a successful trader.

Adding to your knowledge that trading has the potential to make you wealthy and gives you good income on monthly basis. This is the easiest way of earning for those who are expert in trading.

Trading is easy in a sense because you can earn anytime you want, its not time consuming and the earning from trading is huge. There is no effort needed in trading as compared to other jobs and the best thing that you can trade by staying at home.

I have some best best tips to share and also based on my experience. Keep in mind that trend is your friend. Before going to any trade you must understand the market trend in any time frame you wants to trade.

Suppose you want to trade according to 1H time frame then you must know the trend within one hour. If you understand the trend then you will earn easy income and another advantage is that you will never stuck with your trade.

The next tip is that always act opposite to other people. When majority of the people say that market is going to dump then its time for you to open long position. Similarly, when people say that market is going to pump then its time to short the market.

Trading Strategies for Newbies

Scalping is a kind of trading which is done on short time frame such as 5min or 10min charts. This is good to do but for that you must be quick and trade the news. Scalping require a presence of mind and rapid decision making.

Another trading strategy is day trading which is interesting as well. In day trading you have more time to decide about the trade. What day trading means actually? Many people are still in the confusion with day trading and they understand this wrongly.

Day traders are those who open trade and also close it in the same day. If you open the trade and hold it for many days then you are not actually day trader. Day trader must close its trade within the same day.

Now, lets discuss about the best trading strategy which is easiest and safer for the beginners. Beginning traders should trade accounts with "Paper Money" or fake trades. This will help them understand the market and will learn about the trading rules.

What do you people think about trading and what level you are currently at? Do you think the best trading strategy is trading with paper money? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

  NOTE: IMAGES ARE TAKEN FROM CANVA. 

Thank You!
Best Wishes.