General cryptocurrency trading strategies
Smart trading in crypto - Learn the most popular strategies
The cryptocurrency market is volatile - choosing the right strategy can help you reduce risks and maximise profits. Here are some popular and easy-to-use trading methods.
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01. DCA - Dollar-Cost Averaging
What is it?
Investing the same amount of money in cryptocurrency at regular intervals (e.g. weekly or monthly), regardless of the exchange rate.Benefits:
Reduces the risk from exchange rate fluctuations. Reduces the risk of fluctuations due to fluctuations in the value of the currency. Good for beginners and long-term investors.Example:
If you buy Bitcoins for 100 USD on the first day of every month, you will smooth out the fluctuations in the exchange rate in the long run.
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02. Swing trading
What is it?
A medium-term strategy where the trader holds a position for a few days to weeks, taking advantage of short-term trends.Advantages:
More time to make a decision. It is based on technical analysis. It is based on technical analysis.
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03. Day trading
What is it?
Day trading, where positions are opened and closed within the same day. The aim is to take advantage of daily price movements.Advantages:
Possibility of quick profitsWarning:
Risky, requires experience and good strategy.
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04. HODLing
What is it?
A crypto version of the “buy and hold” strategy. The term HODL was originally a typo, but has since become a philosophy: hold crypto for the long term, regardless of short-term price movements.Advantages:
Passive strategy. Suitable for cryptos that are projected for long-term growth (e.g. BTC, ETH).
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05. AURA and trading
What is it?
On the AURA platform, we aim to offer tools that support informed and safe crypto trading - be it automated DCA, portfolio management or price notifications.Tip to end:
All strategies involve risk. Successful trading is based on thorough research, awareness and financial discipline.
