How are you all? Today I will discuss with you about Crypto Trading Strategies You Need To Know.I will try to present my experience. I am young and have very little experience so please excuse any mistakes. With renewed interest in cryptocurrencies amid heightened regulatory scrutiny and mainstream media coverage, trading in crypto has become more than just a tempting money-making gig. According to a recent news report, potentially over 10 crore Indians own cryptocurrencies. The number is likely to increase this festive season.

Source

However, just like equity and commodity trading, crypto trading is fraught with risks and losses. To reap long-term benefits from crypto trading, market enthusiasts need to develop strategies that can make trading fun and safe at the same time.
Day trading
This trading strategy involves taking and exiting positions on the same day. A trader's aim while taking such trades is to book profits in intraday price movements in his preferred cryptocurrency. For a successful trade, investors often rely on technical indicators to figure out the entry and exit points of certain cryptos.
High-Frequency Trading (HFT)
HFT is a type of algorithmic trading strategy used by quant traders. This involves creating algorithms and trading bots that help quickly enter and exit a crypto asset. Building such bots requires an understanding of complex market concepts and a strong knowledge of mathematics and computer science. Therefore, it is more suitable for advanced traders than beginners.

Source

Dollar-Cost Averaging
When it comes to finding the perfect entry and exit points in the crypto market, it's best to assume that timing the market is next to impossible. So, a good way to invest in crypto is 'Dollar Cost Averaging'. This strategy helps investors to eliminate the tedious task of timing the market and building wealth over the long term.
Arbitration
Arbitrage refers to the strategy under which a trader buys crypto in one market and sells it in another market. Due to differences in liquidity and trading volume, traders can find opportunities to book profits. To take advantage of this opportunity, you must open accounts on exchanges that show a large difference in the price of the crypto you are trading.
Betting on Bitcoin Volatility
It's not news that crypto is among the most volatile asset classes currently being traded. Recently, Bitcoin price has fluctuated around 30% in a single session. You can bet on volatility by trading Bitcoin futures. The way to go about this is to buy a call and put option at the same time. The strike price and expiry date must also be the same. To exit, when the crypto price drops or rises sharply, you must sell the call and put option at the same time.Today's discussion ends here. I hope you find it interesting and able to understand. Share your thoughts on today's topic. Wishes and blessings to all. Everyone stay well stay healthy stay with Steemit