📘 Strategy & Trading Psychology
🧠Crypto Trading Strategy
- HODLing: Buy and hold cryptocurrency long-term. Best for projects like Bitcoin and Ethereum. Tip: Don’t panic during dips.
- Swing Trading: Profit from price swings over days or weeks. Best for technical traders. Tip: Wait for reversal signals.
- Day Trading: Intraday trades. Requires constant chart monitoring. Tip: Use stop-loss orders.
- Scalping: Make quick trades for small profits. Best for high-volume, low-fee platforms. Tip: Requires speed and discipline.
- Dollar-Cost Averaging (DCA): Invest fixed amount regularly. Reduces timing risk. Tip: Automate monthly investments.
🧘 Crypto Trading Psychology
- Discipline: Stick to your trading plan. Avoid revenge trading.
- Patience: Wait for solid trade setups. Not every day is an opportunity.
- Risk Management: Risk only 1–2% per trade. Use stop-loss and take-profit.
- Avoid FOMO: Don’t chase pumps or hype. Stay grounded.
- Control Fear & Greed: Stay calm in wins and losses. Avoid emotional trades.
- Self-Awareness: Keep a trade journal. Track decisions, emotions, and outcomes.
- Accept Losses: They're part of trading. Focus on consistent improvement.
