What Market You Prefer?

in #hive-1679224 months ago

Exploring Three Potential Price Ranges for Hive (1).png

CANVA

My discussion is on crypto market and specially my focus is on traders when it comes to crypto trading. No doubt trading is one of the best professions and when you are good enough in trading then surely you will make huge profit on daily basis.

This is the only profession is the crypto market which has the highest potential yield profit. But not for all the traders and only those who are good with trading.

There are many traders mindsets which they do trades in different market conditions. Such as some like #sideways #volatile #long #short positions.

It depends upon the nature of the crypto trading whether which one they will prefer for the maximum returns.

If I talk about myself I will prefer #Sideways market which is far safe to buy and sell any coin within special price range levels.

Lets say #Bitcoin is at sideways and making a price pattern from $60K- $64K. This is the special price levels where you can easily buy at low and sell at high.

This will help you to earn as many times profits if market remains at sideways.

But some traders prefer high volatility because they want to grab huge profits. They want to score as many possible from the market but at market bring high volatile is risky as well.

What kind of trader you are and market condition you look for trading?

THANK YOU!

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