ETH trading: popular strategies

[kasapi]

There are many pairs of Ethereum with other cryptocurrencies and fiat money, which are traded around the clock. Therefore, the market never sleeps, and many traders make sure to use take profit and stop loss orders so that their positions can be automatically closed when certain levels are reached.
Some use robots to trade Ethereum cryptocurrency. These robots follow certain goals and do all the dirty work for the trader, but here you need to be sure of the reliability of such a tool and remember that no robot can replace a human.
There are also contracts for difference (CFDs) and derivatives for trading ETH, which do not imply real ownership of the currency. Instead, you enter into an agreement with a broker based on your own expectations of price movement. For example, if you go long and ETH rises, the broker agrees to pay you the difference. And if the price falls, you end up with a loss. With the help of CFDs, you can also open short positions and speculate on falling quotes.
Another strategy option could be investing in ETH in order to increase the price in the long term. ETH also offers futures and options to help protect the trader from volatility.

[lianot]

Quite interesting information. Thank you for that

[lianot]

By the way, I prefer to trade eth and usd. Because both currencies from the ETH / USD pair are top-ranked in their markets. They have a large trading volume, high demand and enough volatility to make a profit. Each of them provides a good level of liquidity and volatility. In addition, I can always exchange ethereum to usd without any problems https://www.bestchange.com/ethereum-to-visa-mastercard-usd.html choosing the most reliable exchange resource.

[lianot]

try to trade in pairs. this is really cool