#TrendTradingStrategy
The trend-following strategy is based on the idea of 'following the movement'. If a cryptocurrency starts to rise steadily, some traders prefer to buy and hold as long as the trend continues. I think this is a simpler strategy to understand for someone like me. We are not trying to guess the lowest or highest point, but simply to take advantage of a movement that has already been initiated. I will try to observe the trends on Binance and see if I can spot them myself.
#TrendTradingStrategy