There are countless methods to trade cryptocurrencies but very few of them are profitable. Beginners only know about Buy low sell high method but they don’t know how to implement this.
Here are some of the best crypto trading strategies for beginners that are profitable:
1. Pick some low cap coins that have the potential to go big whether it’s due to news or any other trigger. Buy some of them and wait for the big bang.
2. Cash in on the big news every time it arrives like Bitcoin ETF news.
3. Split your money into 5 parts and invest in coins that are low value but trending. buy when they are in 20% dip.
4. Just wait for the collapse of the market. This way you don’t trade daily. Be present at the right exchange you know entirely like Poloniex or Binance.
5. A different version of Buy Low Sell high. Visit exchange daily for this method and pick the top[ trending coins. Choose 5 of them. Write down the range in which the coin is playing. Then come the next day. Those coins which are in loss forget them and sell those who are in profit. Now the next day, add new coins with the coins which are in loss. Repeat.