What strategies can I use to trade highly volatile cryptos?

1 answers

• May 06, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of fundamental and technical analysis when trading highly volatile cryptos. Fundamental analysis involves evaluating the underlying factors that can influence the price of a cryptocurrency, such as its technology, team, and market demand. Technical analysis, on the other hand, involves studying historical price data and patterns to predict future price movements. By combining these two approaches, you can make more informed trading decisions. Remember to always conduct your own research and consider seeking advice from professionals before making any investment decisions.
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