my cost trade is a strategy that involves buying a #cryptocurrency at a certain price and then holding it for a period of time with the goal of selling it at a higher price it is one of the most common trading methods especially used by beginners and long term investors this approach does not rely on quick price movements or technical indicators instead it is based on patience and the belief that the value of the asset will increase over time

in a cost trade the key factor is the entry price the lower the purchase price the higher the potential profit however this also requires good judgment and timing because entering a trade at the wrong time can result in a long wait or even a loss cost traders often look at the overall market trends news and project fundamentals before making a decision to invest

for example if someone buys bitcoin when it is trading at a low point and holds it during a bullish market they may earn a good profit when prices rise again but if the market goes down further after buying the trade will be in a loss and the trader has to wait for the market to recover

one major advantage of cost trading is that it reduces the stress of watching the market all the time since the goal is long term profit there is less need for constant analysis however the downside is that it ties up capital and requires strong emotional control especially during market dips

in conclusion my cost trade strategy is simple yet powerful i use it with bitcoin $USDC $ETH and other strong #cryptocurrencies it may not bring instant profits but it builds confidence and has the potential to reward well over time with the right judgment patience and belief in crypto growth this method can be very effective methods are

focus on entry price

long term hold

no need for technical analaysis

required patience and emotional strength

less stress more confidence

EXAMPLE WITH BITCOIN

if i buy bitcoin when it is at a lower price like 25000 usdt and it later goes to 35000 $USDC i can make a good profit but if it drops to 22000 usdt i have to wait for it to rise again.