How To Trade Bitcoin in Times of Uncertainty: Beat HODLing

Written by CLEOone | Published 2020/04/18
Tech Story Tags: crypto-trading | trading-strategies | bitcoin-trading-strategy | bitcoin-trading-bot | create-a-bitcoin-trading-bot | trading-platform | cryptotrading-bot | hackernoon-top-story

TLDR The strategy for crypto trading in times of uncertainty is HODLer-friendly, and can provide protection from undesirable downward price movements. When deployed as a crypto bot it should open opportunities while giving you a piece of mind. The criteria is: We want to have an open position most of the time. The strategy must close our position higher then where it will open a new position – ergo protecting us from unwanted loss of capital. The strategy should open fewer trades, rather than actively trading. It should have a relatively small drawdown (the higher the better)via the TL;DR App

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Written by CLEOone | Helping traders with strategy automation & research http://cleo.one/
Published by HackerNoon on 2020/04/18