Some Crypto Trading Strategy Suggestions Suitable for busy people, prioritizing ** Time efficiency ** and ** Risk Management **:
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1. Use long -term trading (hodl or swing trading) SPOT platform
Focus on strong fundamental assets (for example: BTC, BNB) with a potential long -term increase.
- ** Buy when the price drops significantly ** (for example: during the market crash or after negative news) and hold for monthly/annual.
- ** Take advantage of the dollar-cost averaging (DCA) **: routine investment with a fixed amount (for example: buy 50usdt every month) to reduce the impact of volatility.
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2. Take advantage of trading bots (if possible)
- Use bots for *simple strategy automation ** such as:
- ** Grid trading **: bots will buy/sell in a certain price range.
- ** Automatic DCA **: Buy Crypto Periodically without manual.
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3. Use Limit Order & Stop-Loss
- ** LIMIT ORDER **: Install the order buy/sell at a certain price without the need for monitor.
-** Stop-Loss/Take-Profit **: Capital Protection and Automatic Lock Profit
- ** Trailing Stop **: Stop-Loss that follows price increases (suitable for bullish trends).
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4. Follow the trend market (without complicated analysis)
- ** Moving Average 200 days (MA200) **: Prices above MA200 = bullish trend, below = bearish.
- ** Trading volume **: price increase with high volume = strong trend.
- ** Follow big news ** (for example: Bitcoin Halving, ETF Approval) but avoid FOMO.
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5. Diversification & Risk Management
- ** Capital allocation **: not more than 5-10% of the total strength for crypto.
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6. Use Mobile & Notification Applications
- Install ** Price Alert ** (for example: in binance/cogecko) to find out when the price reaches the target.
- Use a short spare time (15 minutes/day) to check the market via Mobile app
