I want to ask traders. What strategy makes sense when looking at the crypto market situation that is red. Besides observing the charts and their movements, I think patience is really needed in this case.
Please share a little of your experience of trading successfully.
Thank you for your time.
SHORT strategy. When you sell a coin and buy it in the same amount, but cheaper. As a result, you profit from the difference in price.
For example:
You have:
2 ETH
Sell 2 ETH, price: $200 (2 ETH = $400)
Buy: 2 ETH, price $195 (2 ETH = $390)
Profit: $10You can increase your profit margin trading, but the truth is the risks are also increasing.