Whas your crypto trading strategy

Making Money? Finding Your Crypto Trading Strategy

It sounds so easy, doesn’t it. Put your money into crypto and watch it double every week. Ah, if only it was so simple.

As we’ve been trading crypto for a few years now, we can vouch for the fact that it isn’t as easy as it looks. Yes, there are some great gains to be made. But, when the tide turns, things can quickly spiral out of control.

And that’s where having a crypto trading strategy helps you to stay focused.

By identifying your trading style, you can avoid doing silly things like FOMOing into trades, selling everything on dips or going all in on a silly meme coin.

Yes, we’ve done all of the above.

Without further ado, these are our best tips for the most effective crypto trading strategy…

Avoid leverage trading

Leverage does equal big gains. But it also equals massive losses too.

So, unless you have a lot of experience and you’re using money you can genuinely afford to lose, we don’t recommend leverage as a trading strategy. Especially not to start with.

Using leverage is the tool of experts and professionals. We recommend building up a solid portfolio and understanding how you react in the trae before you start using leverage in crypto.

Yes, you can really amplify those gains, once you know how to leverage. But… Patience young grasshopper. Good things will come.

  • Who is it for?: Professionals and experienced traders
  • Difficulty rating: 8/10 – this relates more to managing your emotions with the money at stake than the actual act of trading…

HODL – aka Holding

The easiest way to trade crypto is holding. Or HODL as it’s called in the community. This might mean ‘Hold On for Dear Life’ – or it might just be someone misspelled hold and now it’s stuck.

Is HODL really a viable crypto trading strategy?

Actually, yes, we think it’s the best way for people who are new to crypto, or those who don’t have time to trade.

So how do you HODL?

Simple. Identify the crypto projects that you think will gain in the coming weeks/months/years. Buy your coins and leave them.

It’s a good ideal to set some sell limits based on the projected price gains. This means that when your coin hits it’s target, you’ll take a bit of profit to withdraw or invest elsewhere.

A word of warning. Holding isn’t that easy. The crypto market is notoriously volatile, and no sooner have you put $1000 on Cardano or Ripple, chances are the market will drop 25% leaving your portfolio looking a bit red.

The trick is to ignore these moves, and just allow the market to do it’s thing. Look at your identified coin on a daily or weekly chart, and you’ll see how the moves happen.

Holding usually means holding for a few months or years, at least.

  • Who is it for?: Anyone who wants to gain from potential gains in crypto
  • Difficulty rating: 3/10 – it does take some patience to sit out those dips and wait for your targets to hit

Day trading

The trading strategy of the professionals on Wall Street, day trading is where the big money plays. Can you do it too? Absolutely.

Is it easy?

Ahhhhh… No.

Day trading is essentially identifying opportunities to trade within a one day period and then closing those trades. Typically it refers to leveraged trading too. Historically it was constrained by the timing of the forex or stock markets, which would close at the end of the day. However crypto trading is open 24/7, so technically, you can run a ‘day’ trade over a couple of days if it’s going your way.

To be a successful day trader you need to be able to do effective technical analysis. This means using fib lines, moving averages, trend lines, understanding support and resistance and paying attention to fundamental analysis/market sentiment.

Put simply; you’ll need to do your homework before entering a trade.

You’ll also need to have the time available to watch the market, do your analysis and spend your ‘day’ trading.

This is something that we do regularly here at Playboy Cartel, and yes, it can be very profitable. But before you commit, we think you should try the next crypto trading strategy first.

  • Who is it for?: People with technical analysis experience, with time to trade and an awareness of the market
  • Difficulty rating: 7/10

Swing trading

This is probably the most popular way to invest in crypto for beginners and casual traders. The reason for that is because you can run a trade over the course of a few days to a week, and make your gains on movements in that time. It’s less stressful than day trading, but you’ll see results quicker than HODLing.

Like day trading, you will need to do some sort of technical analysis. Basically, identifying a coin that is moving in the direction you want, and finding your buy and sell points BEFORE entering the trade.

As an example, lets say you’re entering a trade with ADA (Cardano) and you think it is going to climb in the coming week or two.

You would find your support price to buy in, set your target sell and – ideally – have a stop loss too.

Read more on swing trading here.

As a crypto trading strategy, swing trading is useful because you can set up a trade in minutes and then go about your week as normal. You can also, of course, run multiple swing trades at the same time.

  • Who is it for?: Casual traders, beginners or those with some expertise who want to capitalise on the markets
  • Difficulty rating: 6/10 – you still need to do the analysis and identify your buy/sell limits. But less stress means this is a good strategy for those who have other things to do…


Probably the most intense form of trading, scalping involves making profits off small price movements. This means identifying a price range, usually on a 5 minute or 15 minute chart. You would then trade the movement of the price range to take a small percentage gain.

Scalping can be a very profitable trading strategy when the market is buoyant. However it takes the stress factor of day trading and multiplies it tenfold.

Scalping is usually done with leveraged trades, which amplies the gains and losses. That means it should really only be done by experienced traders.

We’ll look at scalping in more detail soon. But if you’re just looking at crypto, this probably isn’t the strategy for you.

  • Who is it for?: Experienced day traders
  • Difficulty rating: 9/10

Trading bots

Want to do your trades automatically? Actually, yes, this is a very useful approach and one that can take the strain on your daily trades.

Using trading bots is definitely a good way to diversify your crypto trading strategy. But there is still a level of expertise required.

You’ll still need to identify the coins that you think are going to perform, and set up your bot to buy and sell within a range. You’ll also need to set your buy/sell percentages and monitor the market and the bot to make sure it’s all going your way.

There are some really good bots, including on Kucoin and Huobi, which have built in grid trading bots.

We also recommend 3Commas and CoinRule which are really useful bot trading tools.

  • Who is it for?: People with some experience trading, but who would rather leave the bots to day/swing trade for them
  • Difficulty rating: 5/10 – understanding how to set up the bots can be the hardest part

Copy trading

If you want to learn from experts, then copy trading is an excellent place to start. With copy trading, what you do is follow a trader and either set your trades to copy them exactly, or enter them yourself.

It sounds super easy, and a ticket to instant gains, right? Well, there is more to it than that.

You’ll need to choose your trader wisely, as each have their own trading style. Some might be more gung ho, with the potential to lose all your money. Others might be more cautious and complete small trades on obscure projects.

And that’s the thing. They’re not using your crypto trading style, it’s theirs. But to see how the experts do trading, copy trading is great.

The best platform, by far, is eToro. Sign up via this link and check it out.

  • Who is it for?: Learners or those trying to hone their strategy.
  • Difficulty rating: 5/10 – you still need to check your trader, follow their trades and pay attention to what is going on

Whats your trading strategy?

For many traders, they’ll have multiple crypto trading strategies on the go. You might be HODLing a few coins long term, doing some swing trading when you get the time and running a trading bot too.

Diversification is key. But remember avoid taking on more than you can handle, and NEVER invest money you can’t afford to lose. Cryptocurrency is a volatile market, and you can easily lose all your money just as much as gain.


  1. Good web site! I truly love how it is easy on my eyes and the data are well written. I am wondering how I could be notified whenever a new post has been made. I’ve subscribed to your RSS which must do the trick! Have a nice day!

  2. Thanks for posting. I really enjoyed reading it, especially because it addressed my problem. It helped me a lot and I hope it will help others too.

  3. The 4WCWS agenda has been developed in consultation with shelters all over the world to explore relevant issues and learn about best practices. At the Fourth World Conference of Women’s Shelters (4WCWS) the Global Network of Women’s Shelters (GNWS)В launched a Worldwide Women’s Helplines Project to create a dependable global website that lists accurate, approved, safe resources for victims of domestic and sexual violence in every cou

  4. Thank you for your articles. They are very helpful to me. Can you help me with something?

  5. Wow that was strange. I just wrote an very long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Regardless, just wanted to say fantastic blog!

  6. hello there and thanks in your info ?I have definitely picked up something new from proper here. I did then again experience a few technical issues using this site, as I experienced to reload the site lots of instances prior to I may get it to load properly. I had been brooding about if your web host is OK? Now not that I am complaining, but sluggish loading circumstances instances will very frequently have an effect on your placement in google and can harm your quality ranking if ads and ***********|advertising|advertising|advertising and *********** with Adwords. Well I抦 adding this RSS to my email and could glance out for much more of your respective interesting content. Make sure you replace this again very soon..

  7. That is really attention-grabbing, You are an overly skilled blogger. I have joined your rss feed and look ahead to looking for extra of your wonderful post. Also, I have shared your web site in my social networks!

  8. Magnificent beat ! I would like to apprentice whilst you amend your site, how could i subscribe for a blog website? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast offered vibrant transparent concept

  9. Узнайте, что такое дератизация и какие основные способы борьбы с грызунами. Порядок проведения, основные требования, периодичность процедуры. Профилактика распространения вредителей. … Мероприятия по уничтожению грызунов направлены на снижение их популяции. Работы можно условно разделить на два вида: Истребительные меры. Применяются непосредственно для борьбы с мышами, крысами, сусликами и другими вредителями.

  10. Hi this is kinda of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding expertise so I wanted to get guidance from someone with experience. Any help would be enormously appreciated!

  11. I precisely wished to thank you very much yet again. I do not know the things that I would have worked on without these thoughts shared by you directly on this subject matter. It was the daunting scenario in my position, but viewing the specialized mode you resolved the issue forced me to leap for joy. I am just thankful for this work and in addition wish you find out what an amazing job you happen to be accomplishing instructing the rest thru a web site. More than likely you haven’t got to know all of us.

  12. you are really a good webmaster. The website loading speed is incredible. It seems that you’re doing any unique trick. Also, The contents are masterpiece. you have done a magnificent job on this topic!

  13. I think that a foreclosed can have a important effect on the debtor’s life. Property foreclosures can have a 7 to ten years negative influence on a client’s credit report. A borrower that has applied for a home loan or just about any loans even, knows that the worse credit rating is, the more challenging it is to secure a decent loan. In addition, it could affect a new borrower’s power to find a really good place to let or hire, if that becomes the alternative housing solution. Good blog post.

  14. I will right away take hold of your rss as I can’t to find your e-mail subscription link or newsletter service. Do you have any? Please permit me understand in order that I may subscribe. Thanks.

  15. Magnificent goods from you, man. I’ve understand your stuff previous to and you are just too fantastic. I really like what you’ve acquired here, certainly like what you’re stating and the way in which you say it. You make it entertaining and you still care for to keep it wise. I can’t wait to read far more from you. This is really a great web site.

  16. I think other website proprietors should take this web site as an model, very clean and fantastic user friendly style and design, let alone the content. You’re an expert in this topic!

  17. It is really a nice and helpful piece of information. I am glad that you shared this useful info with us. Please keep us informed like this. Thank you for sharing.

  18. One thing is always that one of the most prevalent incentives for applying your card is a cash-back or even rebate present. Generally, you’ll get 1-5 back on various expenses. Depending on the card, you may get 1 back on most buying, and 5 back on acquisitions made in convenience stores, filling stations, grocery stores and ‘member merchants’.

  19. Incredible! This blog looks just like my old one! It’s on a totally different subject but it has pretty much the same layout and design. Outstanding choice of colors!

  20. It’s a pity you don’t have a donate button! I’d most certainly donate to this fantastic blog! I guess for now i’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to brand new updates and will talk about this website with my Facebook group. Talk soon!

  21. It抯 really a nice and useful piece of information. I am glad that you shared this helpful information with us. Please keep us up to date like this. Thanks for sharing.

  22. Id like to thank you for the efforts you have put in penning this site. I really hope to view the same high-grade content by you later on as well. In fact, your creative writing abilities has motivated me to get my own site now 😉

  23. Hello, you used to write excellent, but the last few posts have been kinda boring?I miss your great writings. Past few posts are just a little bit out of track! come on!

  24. I have recently started a blog, the information you offer on this site has helped me tremendously. Thanks for all of your time & work.

  25. Appreciating the dedication you put into your site and in depth information you provide. It’s nice to come across a blog every once in a while that isn’t the same old rehashed material. Excellent read! I’ve saved your site and I’m adding your RSS feeds to my Google account.

  26. Fascinating blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple adjustements would really make my blog stand out. Please let me know where you got your design. Cheers

  27. I抦 not that much of a internet reader to be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your website to come back down the road. Cheers

  28. I抦 not that much of a internet reader to be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your site to come back later on. Cheers

  29. I am not sure where you’re getting your information, but good topic. I needs to spend some time learning more or understanding more. Thanks for wonderful info I was looking for this information for my mission.

  30. Hello.This article was really remarkable, particularly because I was searching for thoughts on this subject last week.

  31. I was suggested this web site by my cousin. I’m not sure whether this post is written by him as nobody else know such detailed about my trouble. You’re wonderful! Thanks!

  32. Thanks a lot for sharing this with all of us you actually know what you are talking about! Bookmarked. Please also visit my site =). We could have a link exchange contract between us!

  33. Excellent read, I just passed this onto a colleague who was doing some research on that. And he actually bought me lunch since I found it for him smile Therefore let me rephrase that: Thank you for lunch!

  34. Hey, I think your website might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, amazing blog!

  35. Thanks for the strategies you have shared here. Also, I believe there are many factors that will keep your auto insurance premium all the way down. One is, to bear in mind buying autos that are in the good directory of car insurance companies. Cars that are expensive will be more at risk of being lost. Aside from that insurance policies are also depending on the value of your car, so the higher priced it is, then the higher the particular premium you have to pay.

  36. Aw, this was a very nice post. In concept I would like to put in writing like this additionally ?taking time and actual effort to make an excellent article?however what can I say?I procrastinate alot and in no way seem to get something done.

  37. Thank you for all of the effort on this web site. Betty delights in conducting internet research and it’s really easy to understand why. My partner and i know all relating to the compelling tactic you produce good tricks by means of this web blog and as well as boost participation from others on that subject matter while our favorite girl is undoubtedly starting to learn a great deal. Have fun with the rest of the year. You have been performing a terrific job.

  38. you may have a fantastic weblog right here! would you wish to make some invite posts on my blog?

  39. Thanks for your article. One other thing is when you are marketing your property on your own, one of the difficulties you need to be aware of upfront is how to deal with household inspection reviews. As a FSBO supplier, the key concerning successfully shifting your property plus saving money upon real estate agent commissions is know-how. The more you recognize, the better your home sales effort are going to be. One area where this is particularly crucial is inspection reports.

  40. I have realized some new things from your internet site about pcs. Another thing I have always presumed is that computers have become a specific thing that each family must have for most reasons. They provide convenient ways to organize the home, pay bills, search for information, study, hear music and even watch tv shows. An innovative method to complete these tasks is by using a notebook computer. These computers are mobile, small, effective and easily transportable.

  41. Together with the whole thing that appears to be building within this specific area, all your points of view happen to be very exciting. However, I appologize, but I do not give credence to your entire strategy, all be it refreshing none the less. It seems to everybody that your remarks are actually not entirely justified and in reality you are yourself not wholly certain of the point. In any case I did enjoy examining it.

  42. Have you ever considered about adding a little bit more than just your articles? I mean, what you say is important and everything. Nevertheless think about if you added some great visuals or video clips to give your posts more, “pop”! Your content is excellent but with pics and clips, this site could definitely be one of the best in its field. Excellent blog!

  43. My spouse and i got absolutely satisfied that Louis managed to finish up his web research because of the ideas he received from your weblog. It is now and again perplexing to just choose to be making a gift of helpful tips which people might have been selling. We really fully understand we have got you to appreciate for this. The main explanations you’ve made, the straightforward website menu, the friendships your site make it possible to promote – it’s got many overwhelming, and it’s leading our son in addition to our family consider that this article is entertaining, which is exceptionally fundamental. Thanks for all!

  44. As a Newbie, I am constantly browsing online for articles that can benefit me. Thank you

  45. Just wish to say your article is as astounding. The clearness in your post is simply great and i can assume you’re an expert on this subject. Well with your permission allow me to grab your feed to keep updated with forthcoming post. Thanks a million and please keep up the enjoyable work.

  46. Thanks for your submission. Another factor is that being a photographer involves not only problem in recording award-winning photographs and also hardships in establishing the best dslr camera suited to your needs and most especially hardships in maintaining the quality of your camera. This can be very correct and evident for those professional photographers that are straight into capturing the particular nature’s interesting scenes — the mountains, the particular forests, the particular wild or even the seas. Visiting these daring places definitely requires a digital camera that can surpass the wild’s severe areas.

  47. I抳e recently started a blog, the information you offer on this web site has helped me greatly. Thanks for all of your time & work.

  48. It抯 really a great and useful piece of info. I抦 happy that you shared this helpful info with us. Please stay us informed like this. Thank you for sharing.

  49. Great weblog right here! Additionally your site quite a bit up fast! What host are you the use of? Can I am getting your affiliate link to your host? I desire my web site loaded up as fast as yours lol

  50. Whoa! This blog looks exactly like my old one! It’s on a entirely different topic but it has pretty much the same page layout and design. Great choice of colors!

  51. Hi! I just wanted to ask if you ever have any trouble with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no back up. Do you have any methods to prevent hackers?

  52. I truly appreciate this post. I抳e been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thx again

  53. great post, very informative. I wonder why the opposite experts of this sector do not realize this. You should continue your writing. I am confident, you have a huge readers’ base already!

  54. You made some good points there. I did a search on the issue and found most individuals will consent with your blog.

  55. Thanks for your content. One other thing is that if you are selling your property by yourself, one of the troubles you need to be aware about upfront is how to deal with home inspection reviews. As a FSBO vendor, the key to successfully shifting your property and saving money on real estate agent revenue is understanding. The more you understand, the easier your sales effort might be. One area where by this is particularly essential is home inspections.

  56. You really make it appear so easy along with your presentation but I to find this matter to be actually one thing that I feel I would never understand. It kind of feels too complex and very vast for me. I’m taking a look ahead to your subsequent post, I抣l try to get the cling of it!

  57. I think this is one of the most vital information for me. And i’m glad reading your article. But should remark on some general things, The website style is wonderful, the articles is really nice : D. Good job, cheers

  58. There is obviously a bundle to realize about this. I feel you made various good points in features also.

  59. great post, very informative. I wonder why the other specialists of this sector do not notice this. You should continue your writing. I’m confident, you’ve a great readers’ base already!

  60. Hi! This is kind of off topic but I need some guidance from an established blog. Is it difficult to set up your own blog? I’m not very techincal but I can figure things out pretty quick. I’m thinking about making my own but I’m not sure where to begin. Do you have any ideas or suggestions? Appreciate it

  61. Greetings from Florida! I’m bored to death at work so I decided to check out your blog on my iphone during lunch break. I really like the knowledge you present here and can’t wait to take a look when I get home. I’m shocked at how fast your blog loaded on my cell phone .. I’m not even using WIFI, just 3G .. Anyways, great site!

  62. Hey just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same outcome.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.