Wednesday, September 22, 2021

Top 3 Bitcoin Trading Tips

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Altcoin Authorhttp://altcoinauthor.com
Blockchain Engineer. dApp/DeFi enthusiast.

Trading Bitcoin

Altcoin Author’s Top 3 Tips for Trading Bitcoin

1) Have a limit/market stop where you think the floor will be. 
        The noise of crypto trade is too volatile to be unexposed.

2) Let Your Winners Win. Sell 1/2 when you’ve doubled up.
        Psychologically this also helps you become mentally divested from an investment, allowing gains to happen if your investment thesis proves correct.

3) Use Calendars and Futures, Ideally Together.
        If you want to limit your risk you can simply open a position on the BTC-1225 futures position and short it to hedge your bets with your gains from your BTC-PERP.

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