What are the top strategies for daily cryptocurrency trading?

1 answers

• Nov 28, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends a strategy called dollar-cost averaging. This involves investing a fixed amount of money at regular intervals, regardless of the cryptocurrency's price. This strategy helps to reduce the impact of short-term price fluctuations and allows you to accumulate more coins over time. It's a long-term approach that can be particularly effective for investors who believe in the long-term potential of cryptocurrencies. Remember, always do your own research and consult with a financial advisor before making any investment decisions.
  580290