The good strategy should include the use of indicators that measure market volatility. Crypto assets, especially altcoins other than Bitcoin and Ethereum, are highly volatile. Using indicators such as volume, price, and volatility can help you decide when to sell a particular coin or buy a different one. A trading strategy should take these factors into consideration, and be tailored to your personal circumstances and risk appetite. In addition to analyzing data, a crypto trading strategy plan should also account for large spreads.
Another popular crypto trading strategy is the use of technical indicators. Some crypto investors use technical indicators, including the relative strength index. This index indicates the relationship between the price and demand and can be used to plot entry and exit points. Another strategy is to use headlines and overall market sentiment. Big news and sentiment can move crypto markets extremely fast. In addition to using indicators, one can also program a crypto trading bot to handle the trades on their behalf.