Everything you need to know from the people that are doing it every day.

The Nauticus community is enthusiastic and full of knowledge, advice and tips.  So we thought we would tap into this valuable resource and get some of their experiences and advice to share with everyone.

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Setting some trading strategies.

Hey guys I wanted to share with you some of my ideas when it comes to trading cryptocurrency. This is not financial advise but a strategy that often helps me trade successfully. Thorough research is always a must when investing in any financial institution, and only you can decide whether purchasing is the correct move for you. Firstly, do not go all in on 1 project this is the most important rule as we know people will sell at a loss if they think the pice is falling or BTC dominance is increasing , if you go all in on 1 project you will not have the option to trade other crypto currency that in available in the market and you will be at the mercy who think selling for a lower price is the right thing to to do if they interpret the market different to you. 2nd When you invest in a market DO NOT put your whole purchase amount as a " market buy " this coincides with rule 1 you can purchase 50% of the total you have decided to invest in that project in a market purchase and you use the other 50% the back up any fall in price: example .25 btc at market value ie 5 satoshi and .13 in 3 satoshi and .12 in 4 satoshi  not only do i have an average advantage down i also have a profit advantage  ie selling my buy at 4 satoshi at 5 satoshi and my 3 satoshi at 4 satoshi i also increase the buying power at 3 and 4 satoshi which will in turn often deter people who are trying to sell a minimum amount to push down the price.

My purchase at 5 satoshi I would sell 25% at 6 satoshi 25% at 7 satoshi 25% at 8 and 25% at 9 satoshi, doing this I will make more profits and not have to wait for 1 specific target level to wait for my funds. Those funds I sell at 5 satoshi I would put at 2 satoshi knowing theres very little chance they would be filled knowing any body else has to place a bid higher than mine in order to purchase at a perceived cheap price. Most crypto traders will not wait for a 1 BTC wall to fill their order, so most people will place a higher bid. My purchase at 5 satoshi I would sell 25% at 6 satoshi 25% at 7 satoshi 25% at 8 and 25% at 9 satoshi, doing this I will make more profits and not have to wait for 1 specific target level to wait for my funds. Those funds I sell at 5 satoshi i would put at 2 satoshi knowing theres very little chance they would be filled knowing any body else has to place a bid higher than mine in order to purchase at a perceived cheap price, most crypto traders will not wait for a 1 BTC wall to fill their order, so most people will place a higher bid. When all your sell bids have concluded you have the option to move on to the next token and repeat this process all over again.

Graph interpretation, it's good practice to know graph trends to assist with your trading strategy.  Graphs will always tell a story to the progress of how the coin has traded over a period of time. Click here for a great graph explanation Other factors to consider in your trading strategy is any sources of news you may have, Rumours on new exchanges, partnerships and overall project progress. I hope this helps you cover the basic things to think about when making your trading strategy.

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@Cryptolover69

is a Crypto enthusiast and a member of the Nauticus community. You can catch him in our offical telegram channel.

@cryptolover69 resources and tools

Cryptobox currency calulator

CoinGecko

CoinMarketCap

CoinMarketCal