Mastering Cryptocurrency Trading: Tips for Making $100 a Day in 2025
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
šYou will need a dedicated trading account, separate from your holding portfolio, and should never mix the two.
š¹Making two to three percent wins repeatedly can lead to significant portfolio growth.
šWe can't time bottoms we can't time tops but there's a lot of opportunity in the middle.
šKnowing when to enter the market is crucial, and the Lux algo can help with that decision.
šWaiting for the RSI to be in the 30s or below before entering a trade can be a valid approach to trading.
š°The one hour time frame allows for higher profits of seven to ten percent gains compared to the 15 minute time frame.
š°Being able to stomach market volatilities is crucial for successful cryptocurrency trading.
šThe trend Tracer is useful for a macro view of the market, while the trend catcher is helpful for making short-term trading decisions.