(C) Crypto traders enter the market at the right time and exit the market at the right time to make gains in crypto trading
By doing good analysis keeping in mind the movements of the crypto market.A good investor at the right time and after the right analysis! enters the market and exits the market only then the investor can earn profit in the right way.
(D) Correct knowledge of the crypto in which you want to earn 1 percent profit.
It is very important to have accurate information about the asset in which you want to invest.
1, When was the asset created?
2, Under what circumstances the asset was created?
3, Who are the asset builders, and which group?
4, What is the utility of the asset?
5, What is the number of adopters of the asset?
6, What is the market cap of cryptocurrency?
7, What is the daily volume of the asset?
8, What is the roadmap of cryptocurrency?
9, What is the world market rank of cryptocurrency?
10, Is cryptocurrency a scam?
11, What are the daily economic activities of the asset?
12, What is the number of followers of cryptocurrency on other social networks like Twitter and Instagram?
13, What is the quantity of assets?
14, What is the process of burning assets, and how much?
(E), Can an investor make a 1% income without technical indicator knowledge.?
Investors can make a profit in crypto trading with good knowledge of technical indicators. Motor mechanics can do nothing without tools. Similarly, without trading technical indicator investor can not profit Can earn.
Using the right signals at the right time, investors can make daily profits by knowing the above technical
(a), moving average (MA)
It is an important indicator that signals the rise and fall of the asset’s price. Moving averages are one of the most commonly used technical indicators by traders. The moving average is calculated by adding the closing prices of an asset and dividing by the number of periods.
(b) Relative Strength Index (RSI)
The Relative Strength Index is an indicator used to measure the force and momentum of investor price movements. RSI is a momentum oscillator that ranges between 0 and 100. 70 or higher indicates overbought, while 30 or lower indicates an oversold position.
(c) Bollinger Band (BB)
Bollinger Bands are a popular technical analysis tool used to measure the volatility of an asset.
(d)Fibonacci Retracement
Fibonacci retracements are used by traders to identify potential support and resistance positions in cryptocurrency price charts.
(e) moving average convergence divergence (MACD)
MACD is an important technical analysis tool used by investors to spot trend reversals and momentum changes on price charts.
(f) Volume
It serves to measure the level of buying and selling of crypto investors. High volume indicates that a large number of buyers and sellers are actively participating in the market. Conversely, when the volume is low, it signals that there is little activity in the asset.
(g) On Balance Volume (OBV)
On-Balance Volume is an analytical tool for crypto investors that is used to measure the level of buying and selling pressure in an investor’s crypto price charts.
(h) candlestick pattern
A reliable and profitable indicator for crypto investors, candlestick patterns are used to predict the future direction of price movement.
(I) Stop loss
Crypto traders use stop loss whenever they trade to avoid huge losses.
Using the right signals at the right time, investors can make daily profits by knowing the above technical
(F) What are the risks involved in intraday crypto trading for a 1 percent earning?
Investor’s lack of correct information about crypto assets The asset in which the investors are investing. If his information is not correct, the investors will have to suffer loss instead of profit.
The crypto market is a continuously running market 24×7, in such a situation it is impossible to be aware of the market all the time.
Not having information about the economic, political, and activities of the countries of the world, or not being alert.
Being ignorant about tweets and news from media, social platforms like Twitter and Instagram can put investors at a disadvantage.
Due to la ack of proper knowledge about technical indicators, investors can lose their money in daily trading.
Anyone invests after getting into investor sentiment. And if you do not use the trading signals properly with proper thinking, then the possibility of loss can be very high.
(G) Conclusions
The crypto market is a market full of challenges. The greater the challenge, the more profits can be earned. Keeping in mind the challenge, investment is done by getting the right idea, height technical indicators, getting information, and the world’s economic, political, and social activities, etc. 1 percent profits can be earned by everyday trading.
Disclaimer:
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her rese investigation advice if necessary before initiating any transactions in crypto products and NFTs. CrytoMenia.com shall not be held liable for any acts or omissions, or losses incurred by the investors. Cryptomenya.com has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness, or of the results, obtained from the use of this information.
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