It is better to earn less, but have a stable income. If you buy a Bitcoin at a minimum rate in the interval from 13:40 to 15:00 one day, and then sell it before 21:00, there is a high probability of earning 1% after deduction of commissions. This is a long-known rule as Asia goes to bed and fixes, the West wakes up and buys sagging cryptocurrency. If you did not manage to sell by that time, then sell at 02:40, and then buy at 07:20.
With 100,000 rubles one can receive a profit of 1,000 rubles. For cryptocurrency, it seems to be little, but it’s a stable income.
As a rule, the difference between buying and selling is from 0.5 to 1.5%. Everyone knows that the cryptocurrency market is volatile. Many people have seen with their own eyes how quickly BTC can grow from a position of 620,000 rubles to 640,000 rubles in a very short time, and this is 2.5% profit.
If, after buying a cryptocurrency, you see large warrants for sale or a negative news background, and sometimes you get a hint of intuition that there will be a decline, you immediately close the position. Growth of the asset even of 0.5% makes it possible to go to zero, more precisely, with a minimum profit of 0.1% if the commission on the exchange is 0.2%.
There must be a strict plan that must be adhered to. Regardless of the possible loss of profit, which could be, if you did not come out. Any planned action is always correct. The golden list of coins is the following: BTC, BCH, BTG, DASH, DOGE, WAVES, ETH, ETC, ZEC, LTC, NEM (XEM), LSK.
Because these coins are sufficiently volatile, there is predictability and repeatability, and these cryptocurrencies are also good for medium-term trades, and for long-term investments. Unfortunately, there are nuances as this method of trading is very difficult to conduct manually. For example, when there is growth of the market all week, on the weekend, quotes usually subside, if the market falls at the weekend, the value of the cryptocurrency is grows.
The Livecoin, Yobit, Exmo, and Kuсoin exchanges give the best profits and monthly profit is usually 40-60%. The advantages and disadvantages of this tactic are that you can withdraw the profit from the first week of trading, it is unlikely that you will earn a lambo, but rather, you can take such an occupation as an average job, and the fall of the market does not significantly affect the portfolio.
Though the crypto market is still relatively new and lacks many of the traditional institutions of a civilized market, there are projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects. Cryptics is one such project that seeks to offer the necessary instruments for alleviating the situation with uncertainty. The concept behind it is to support market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The multitude of factors involved in predicting a cryptocurrency’s rise or fall are all taken into account by the algorithms that Cryptics employs. Investors should consult such projects as the expense is well worth the ensured profit and peace of mind.