Topic: Stay in one strategy in crypto trading is more comfortable to earn income. - page 3. (Read 413 times)

Traders will keep trying out different strategies until they find that one strategy that fits perfectly into what they want in terms of profitability and risks tolerance and maybe any other goal they intend to achieve. No one will want to abandon a strategy that works perfectly for them, except they are just being greedy. Remember also that no one can stick to only one strategy for ever. The market is dynamic, so certain market conditions may force the trader to follow a different approach to maximise profit. That is why traders must keep learning and stay updated.

No one is going to look for more or different strategies if they are doing great profits for years with only one they knew. So there's a reason why they look for different things and there's nothing wrong with it as long as they do their own research about implementing them effectively according to the current scenario, having dynamic strategy and a back-up/exit plan when the market take unexpected turns will save from potential loss.

BTW, there's only one real strategy which is "Buy low and Sell High".

I know we are still in the festive season celebration and holiday, and many traders are thinking on how to make use of reliable strategy that will be giving them massive income in their crypto trading next year, which is the reason I created this topic to make some traders know that using different strategies will not change anything from their challenges if they don't have knowledgeable about the different strategies,  but stay in one strategy you are knowledgeable about is profitable whenever you are trading your crypto than using different strategies to trade your crypto, because you don't know if those different strategies are real strategies that will make you earn income, but the one strategy you are using to trade so many years, you know how to use it when it is time for you to trade your crypto to earn huge income and it will be good you maintain that single strategy because the major reason people go into crypto trading is income purpose, which we need to tell ourselves the truth, why can't you be comfortable to that single strategy you are using to earn income from crypto trading? I know many people have many reasons why they are using single strategy and different strategies to trade their crypto, which it will be a good thing for you to share for new traders to look into it to know the decision to take next.