Tips for Making $100 a Day
Having a dedicated trading account separate from your holding portfolio, using tools like Lux algo and RSI, and being able to stomach market volatilities are crucial for successful cryptocurrency trading.
Key insights
đYou will need a dedicated trading account, separate from your holding portfolio, and should never mix the two.
đčMaking two to three percent wins repeatedly can lead to significant portfolio growth.
đWe can't time bottoms we can't time tops but there's a lot of opportunity in the middle.
đKnowing when to enter the market is crucial, and the Lux algo can help with that decision.
đWaiting for the RSI to be in the 30s or below before entering a trade can be a valid approach to trading.
đ°The one hour time frame allows for higher profits of seven to ten percent gains compared to the 15 minute time frame.
đ°Being able to stomach market volatilities is crucial for successful cryptocurrency trading.
đThe trend Tracer is useful for a macro view of the market, while the trend catcher is helpful for making short-term trading decisions.