HOW TO PROTECT YOUR PROFITS IN BULL MARKET: SOME "AUTOMATIC" TIPS
Trading
One of the very first tips that is often given to a beginner in the world of cryptocurrencies and trading in general is to diversify his investments.
It can be about segmenting your wallet between different tokens from different blockchains, but also varying exchanges and wallets to minimize risks. At the heart of this diversification strategy, there is a solution of formidable efficiency: copy trading.
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THE CONCEPT IN A FEW WORDS
Copy trading is an automated trading solution. The concept is simple, you provide a contribution defined according to your own needs, and the algorithm takes care of the rest. It is a reliable method, with limited risks and the benefits of this type of solution are multiple.
Copy Trading solutions are numerous, however, their results can vary drastically. Thanks to its performance, the automated solution specific to Coin Trading continues to seduce its members, thanks to an ROI of 440% (compared to 330% for BTC) since last October. Let's discover together the secret of this success.
SAVE YOUR TIME
When you discover the world of cryptocurrencies for the first time, you quickly notice that it is a complex activity: it is a whole universe apart to master with its own codes and its own lexicon.
A fine understanding of the industry can very quickly be time-consuming, and unless we can devote our days and nights to it, we necessarily miss out on buy or sales signals, opportunities, or freshly launched projects, for lack of time and understanding
Trusting a copy trading solution is an opportunity to quickly get started in this universe without making the mistakes related to the beginner's haste. This allows you to continue learning quietly while making your capital work.
LIMIT THE RISKS
In recent weeks, we have all experienced the vagaries of the market: going to bed with a wallet in the green, then seeing a frightening dry loss when waking up: "If only I had sold earlier..." And yes, whatever your beliefs, it is important to put in place strategies that help protect your capital.
The open nature of cryptocurrencies implies market movements that can occur day and night. Using a copy-trading strategy allows you to trade 24 hours a day, by delegating the management of your portfolio effectively to an automated third party.
The robot is able to cut a dangerous position and, failing that, to generate profit on a sudden movement of markets: a real safety net in your arsenal.
OPTIMIZE PERFORMANCE
Trading is simple.-way. Simply go in (buy) to the lowest point and go out (sell) at the highest to maximize your profits. If the concept seems childish, all those who have already rubbed it have learned, often at their expense, it is actually a much more complex activity than it seems.
Many years of experience are required to excel in the field and succeed in the majority of its trades. Copy trading optimizes these operations. Simply put, cryptocurrencies are bought on the crossing of a resistance level and are resold on the break of a support level. This allows constant profit taking, while minimizing risks.
PUT ASIDE YOUR EMOTIONS
This may seem anecdotal, but many mistakes are made during excessive stress or panic. If you have put a plan in place, it can be destroyed in a few minutes by a succession of bad decisions.
For many of us, we have already experienced the endless wait for a rebound, our eyes fixed on a graph of a falling asset, before finally giving in to panic to sell at the lowest. The most undecided will even end up buying back their position a few minutes later, with a nice premium. These errors are the most damaging to your long-term performance. The robot is not deceived by the futility of human feelings, he will make the best decision for you. Thank you robot!
Automated solutions are not magical. They simply make a succession of decisions for you to guarantee your profits in the long term. In crypto, it is very easy to get fast returns and profits, but it is even easier to lose everything on a bad investment, a bad purchase, bad timing, and copy trading can limit these risks.
Devoting part of your portfolio to a copy trading solution is an opportunity to maximize the probability of profits over time, thanks to profitable and proven strategies for several years.
Coin Trading and its automated solution have managed to tame the context of extreme volatility specific to cryptocurrencies. A real diversification asset, it offers its members personalized support in their learning of trading, regardless of their starting capital.
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Amazing 📚
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