RE: Steemit Crypto Academy Contest / S3W4 – Cryptocurrency Trading by @ahumadaliliana29
As we already know, the main characteristic of cryptocurrencies is their instability or high volatility,
Market volatility is a major feature that differentiates cryptocurrency from traditional currencies. It’s was make us to buy low and sell for profit.
I consider myself to be a day trader,
Well I do both day trading and swing trading but I consider myself to be swing trader. I do day trading once awhile but always I buy low and sell high.
and even when things don't go our way, we take it as a lesson and make the necessary corrections next time.
Mistake are part of crypto trading, that’s what we build upon to make a better trade next time. I have several mistakes which took as a lesson especially with LUNA.
So far I have not used any auto trading robots, despite knowing the features and benefits that they can provide,
I have also not used bot trading before, I first time I head of it was a crypto assignment from one of the professors. But it requires you to pay the bot for its operation.