Press release
PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan that covers all trading activities, guiding investors to execute their target trades. In the world of cryptocurrencies, a trading strategy refers to a predetermined plan or trading behavior designed to help investors profit from buying or selling cryptocurrencies in long and short markets.
Although not required for all types of crypto trading, a solid trading strategy can help investors mitigate potential risks. During extreme market conditions, an effective trading strategy allows cryptocurrency users to quickly take countermeasures and minimize their losses. In other words, when establishing a trading strategy, investors prepare for all kinds of scenarios and devise the corresponding measures.
Overall, a mature and well-designed trading strategy is crucial for investors as it helps them take advantage of market swings, make easy trades, and maximize profits or minimize losses.
Generally speaking, a comprehensive business strategy can cover the following elements:
- Choose the target cryptocurrency or project;
- Using professional platforms such as crypto exchanges and market monitoring platforms;
- Master cryptographic tools and indices;
- Set trading time and stop-loss conditions;
- Minimize the influence of emotional decisions.
Most investors understand the importance of a solid trading strategy, but are more concerned with how to establish such a strategy on crypto platforms. For beginning investors or retail users, the following requirements must be met:
First, the trading strategy should be easily accessible, preferably with “lazy” or “foolproof” trading. Also, users do not need to configure complex parameters or study programming/trading scripts to execute such trading strategies. Ideally, the system should be able to help users invest in cryptocurrency with ease.
Second, the platform must offer versatile trading strategies that meet different trading demands. For example, some investors prefer conservative investments and hope to accumulate more coins while minimizing risks and costs. Meanwhile, others want to take advantage of volatile market trends and engage in quantitative trading. As such, investors demand a wide range of different trading strategies.
In February 2023, CoinEx, a global cryptocurrency exchange, launched Strategic Trading, a new segment featuring the Automatic Investment Plan that aims to help users plan and manage their investments more effectively. With the new segment, CoinEx users can create their own trading strategies and make automatic investment plans for a smoother crypto investment experience.
Strategic trading can be easily accessed in the Finance dropdown menu on the CoinEx website. In addition, the section also includes other segments such as Financial, AMM and Dock. Right now, Auto-Invest Plan is already available in the strategic trading segment, and Spot Grid will also be introduced in the coming months.
With the Strategic Trading segment, users can take advantage of “lazy” strategies to invest in cryptocurrencies effortlessly. For example, in the case of the Automatic Investment Plan, prudent investors can easily choose a suitable trading strategy and earn profit by making regular crypto investments with pre-defined amounts and cycles, without having to worry about the specific timing. After an automatic investment plan is created through the strategic trading segment, the system will automatically deduct the investment cost from the user’s cash account and submit an order according to the preset investment amount and cycle. No further operation is required, making investment easy. Also, when Spot Grid goes live, CoinEx users will be able to engage in quantitative trading through the new feature.
This is a press release. Readers should do their own due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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