Foolproof Tips to Build a Winning Crypto Investment Strategy

StrategyDriven Managing Your Business Article | Foolproof Tips to Build a Winning Crypto Investment Strategy

Are you all set to join the crypto investing bandwagon? It’s an excellent decision if you want to make the most of the market opportunity. But you may also feel overwhelmed by all the hype and uncertainty. Well, it’s normal to worry when money is involved, right?

Statistics show that the daily crypto trade volume is $50.9 billion, and it will only get bigger in the future. With so much money at stake, investors need to be extra cautious about the risks and threats in the industry. The last thing you should do is depend on luck. You’ve got to have a winning investment strategy to achieve your financial goals.

So how do you create one? There are no shortcuts, and you cannot take a one-size-fits-all approach. Here are some foolproof tips to get your game right.

Do Your Research

Crypto is a relatively new domain, and there’s a lot to learn, specifically if you are a beginner. Before diving in, brush up on your basics, such as the different cryptocurrencies, the technology behind them, and the market trends.

Following the hype looks easy, but it may not be the best way to start your investment journey. Educate yourself because it can help you make informed decisions.

Diversify Your Portfolio

Nothing gets better than diversifying your portfolio when it comes to any investment, and crypto is no exception. Diversification is the mainstay of a winning strategy because it lowers your risk and helps you weather any market fluctuations.

The best part is that the market has several options, so you can pick different coins to diversify easily.

Secure Your Investments

This one’s a no-brainer because security risks abound in the landscape. Since cryptocurrencies are digital assets, they are inherently vulnerable to cyber attacks and theft. Luckily, a few measures are enough to secure your investments. Use robust passwords, change them frequently, and enable two-factor authentication.

Storing your coins in a secure hardware wallet is a good idea. Bring a crypto recovery lawyer on board if you lose your coins due to an exchange’s negligence. They can help you sue in exchange for hefty compensation if it falls short of compliance.

Play With Common Sense

Emotions have no place in winning crypto investment strategies, so keep them out from the outset. Remember that investing here can be a rollercoaster as prices soar one day and fall the next.

You must steer clear of impulsive decisions based on greed and fear. Think long-term, and don’t let market fluctuations influence your choices.

Stay Up-to-Date

The crypto market is dynamic, so you must stay up-to-date with the latest news and trends. Even the smallest changes in the regulations and prices could impact your investments. But adapting your strategy quickly can save the day.

Follow industry experts, join online forums, and read reputable blogs to stay informed. You may even get some valuable advice to capitalize on an upcoming opportunity from these sources.

Summing Up

Crypto is a lucrative investment opportunity, but only if you stay calm and take a strategic approach. Follow these tactics to stay ahead of the curve and earn big profits. All the best!

Crypto Trading Bots – Next Step to an Epic Future

By traveling at an untraceable speed, the face of technology has witnessed several transformations over time. As everything around us has flipped over into the screens, there is no more turning back into the age of physicality. Gone is the era of tangibility and undeniably that phase did have a fair share of advantages, many of which cannot be easily replaced by technology. But the future lies in those screens, and in this decade as even the concept of money has taken the digital form, equipping yourself with the right devices and technology is imperative. As cryptocurrency started becoming prevalent, various innovations took birth to tweak the digital currency into the most efficient form.

Automated Trading

The roots of crypto trading robots extend to the concept of automated trading. The US has adopted this method of trading and has successfully gained profits out of it. This technology has already proven to be beneficial and is now a widely accepted one. Many of its potentials are still being discovered. Automated trading helps users to create a book of accounts where details regarding the trade are recorded, which can be later employed by a computer to run the system for specific functions of trading. It stands as a good option for those users who lack time to analyze the working of their accounts and market trends.

StrategyDriven Editorial Perspective Article | Crypto Trading Bots - Next Step to an Epic Future

Cryptocurrency Trading Bots

One of the major driving forces behind the invention of trading bots was the volatile nature of cryptocurrencies. The function of such bots is wholly based on the nature of digital money, which is unpredictable to a large extent. Controlling the accounts all through the day would be an impossible task; the trading bots came as an antidote to this issue. Since humans cannot control the volatility of cryptocurrency, untimely dips and surges are equally probable. When users are in a state where they are unable to control their trade, the bots are assigned to do the job. Apart from the task of running errands for the users, the bots also make the trades more efficient and profitable. The system that operates the bots can receive relevant data and make the best results out of it, by improving on the skills of human traders. The benefits of using bots have attracted more users to the idea of equipping themselves with this technology to enhance their trade. As the demand for trading bots hiked, so did its production. With several bots in the market now, users might fall into a dilemma over selecting the best one. Many of them offer free service whereas some have to be bought at prices fixed by the developers. You can now relax, as Immediate Edge Bot is here to help you manage your crypto trading account and take more than half the burden off your shoulders.

Working of trading bots

You gaze on the screens as you read this; this activity demands your presence. In the case of trading, that place of yours is being replaced by the robots. These bots function efficiently in making decisions for the trader while they are not available or also when a complex issue arises. The bots will work based on the programmed criteria to generate an appropriate reaction to the problem encountered (price drops). Indeed, an arbitrage crypto bot can help you enjoy significant profits by taking advantage of price differences across multiple exchanges. These bots track the prices of assets from several markets. If, for example, the Ethereum price is higher on one exchange and slightly lower on another, the bot can rapidly acquire the lower-priced coin and sell it later for a decent profit. Price differences are quite common, but they often don’t last long. Therefore, it is beneficial to have a bot on your side that can work round the clock to find and exploit the most profitable trading opportunities in real-time. The two significant drawbacks of the traditional crypto bots are the high cost and low accessibility, which can be reduced to a considerable extent by providing direct access through cryptocurrency exchanges.

StrategyDriven Editorial Perspective Article | Crypto Trading Bots - Next Step to an Epic Future

Things to consider before choosing a particular trading bot

  • The reliability of the company should be of prime concern. Since the purchase is made online, the issue with the genuineness of the product could arise, so pay extra attention to this factor.
  • Companies with murky content clouding their reputation are best removed off your list. It would help if you always looked for the transparency in the details on the company’s website.
  • Since technology has developed towards an age where online frauds and hacks are prevalent, the security factor of the bot that you are planning to buy should also be checked properly.


As the world is moving into the era of AI, everything around us is bound to change and take the intangible form. Various iterations to cryptocurrency trading platforms have frequently been entering the market for a few years now, and the bot technology has been the most widely accepted one among these. With numerous companies offering bot trading services, it would be quite strenuous to pick the best one out of it. Before clicking on that option of yours, make sure it provides the best service and that the bot trading platform is reliable.