The most easiest way for trading is to use convert trading and also in the most stable coins which have less fluctuations. Specially in this situation when Bitcoin is at its peak and anytime it can take huge correction, so in this case we must be in strong and stable coins like BTC, BNB, ETHEREUM, ADA etc..
In this post I will guide you with the best trading ways where you will continuously earn income from trading. I will share the pros and cons of this strategy then its up to you whether you will choose this strategy or not.
The minimum amount you must have 500 USDT and the maximum I will recommend 1500USDT. This will be enough amount to make good money on daily basis. The positive sides of this strategy is that you will earn continuous income in any market condition whether its bullish, bearish or sideways.
Also there are some negative sides for this strategy. In this trading strategy you have to invest all the time which means that any ups and downs can shake your portfolio wealth. Let suppose you are trading in Bitcoin, you have to remain invested and during this time if the price drops it can give you wealth loss but it is for the time being.
In this strategy you have to take care of one thing that you must not be careful about your wealth. Just think like you have invested for the long term and you will not be panic if the price goes down.
Also there is an advantage that your wealth can also increase. If the price keeps on going upside your wealth will increase and also you will have continuous trades on daily basis.
Simple you have to select BTC/BNB pair. Invest 50% of your amount in BTC and other 50% in BNB. You have to check BNB/BTC chart on daily basis. If you see the price of BNB/BTC reaches the resistance level or the upper band of Bollinger then in that case you have to convert all your BNB holdings to BTC.
Similarly when the price touches the lower band or support level then in that case you have to convert all your BTC to BNB. Keep on doing the same practice. If you want to trade on daily basis then shorter time frame is best but if you want to earn massive earning then its recommended to watch higher time frames. I hope this strategy will be helpful.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
TWITTER TELEGRAM HIVE WHATSAPP DISCORD
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
SOURCE
REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
