Trading Strategy: Expert Opinion Needed!
I would like to share a trading strategy that I have tried and achieved some success with,
and the question here is for the "seasoned" experts in the market to evaluate it.
The strategy simply relies on monitoring cryptocurrencies until they reach their lowest levels.
Once the currency starts to stabilize and gradually rise slightly, I enter and buy, and my goal is to achieve a relatively small profit from this initial upward movement, then exit and move to another currency to apply the same plan.
I have tried this method and found it effective for me so far.
But I would like to get the expert opinion in this field.
What are the potential risks of this strategy that I may have overlooked?
Are there improvements or adjustments that can be made to make it stronger or safer?
Share your opinions and experiences with me
Thank you in advance
