press release
PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities, guiding investors to execute their target trades. In the world of crypto, a trading strategy refers to a predetermined plan or trading behavior designed to help investors profit from buying or selling cryptos in both long and short markets.
Although not necessary for all types of crypto trading, a sound trading strategy can help investors mitigate potential risks. During extreme market conditions, an effective trading strategy enables crypto users to take prompt countermeasures and minimize their losses. In other words, by setting out a trading strategy, investors prepare for all sorts of scenarios and design the corresponding measures.
Overall, a mature and well-designed trading strategy is crucial for investors, as it helps them take advantage of market swings, make easy investments, and maximize profits or minimize losses.
Generally speaking, a comprehensive trading strategy may cover the following elements:
- Choosing the target cryptocurrency or project;
- Using professional platforms such as crypto exchanges and market monitoring platforms;
- Mastering crypto tools and indexes;
- Setting up trading time and stop-loss conditions;
- Minimizing the influence of emotional decisions.
Most investors understand the importance of a sound trading strategy, but they are more concerned about how to set out such a strategy on crypto platforms. For beginner investors or retail users, the following requirements should be met:
First, the trading strategy should be easily accessible, preferably with “lazy” or “foolproof” operations. In addition, users don’t need to set up complex parameters or study programming/ trading scripts to run such trading strategies. Ideally, the system should be able to help users invest in crypto with ease.
Second, the platform should offer versatile trading strategies, meeting different trading demands. For example, some investors prefer conservative investments and hope to stock up on more coins while minimizing risks and costs. Meanwhile, others want to seize volatile market trends and engage in quant trading. As such, investors demand a wide range of different trading strategies.
In February 2023, CoinEx, a global crypto exchange, rolled out Strategic Trading, a new segment featuring Auto-Invest Plan which aims to help users plan and manage their investments more…
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