We all know that crypto market is extremely volatile and anything can happen any time. When to join Crypto market you have to keep in mind that there is a huge change of loss if you have not enough knowledge about it.
Crypto is not just like Gold, Stock, Forex or any other stable market where the chance of loss is minimum but this market is high gain and high risk ratio. I have around 8 years experience in this market and I have came to know about many things.
There are majority of the traders who have good experience but are still struggling in this market. Trading has two options win or loss and the probability increases or decreases after your learnings and strategies.
If I can say that 85% of the traders are struggling will not be wrong and 60-65% investors are stuck in their holdings. This is the way people are struggling in this market and the main reason is the lack of knowledge and learning about this market.
To all those who are new to this market they must learn properly at first then start trading and investing their amount. The most preferred strategy from my side is hedge trading.
This is also for the beginners but you have also to know about hedge trading and how it works. Hedging means to balance the both side and reduce the risk of loss.
Hedge trading is very simple. You have to use to markets. Either two exchanges or within same exchange two markets like Future and spot market. What you have to do is to buy and sell the same amount in spot and future and wait until the market moves either side.
When you see its time to close one side, do it and wait for the other side for the reversal. Its simple strategy and the win chance is more. Also you can apply my strategy which I shared in the link above.
The more coins you use for hedge trading the more profit you will take and also the chance of loss will be reduced. You can also use 3-4 layers to continue the hedge trading which will further increase your win rate. I hope this post is informative for you guys.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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