Becoming a trader is not just about making a profit. While profit is at the centre of everything, there are other aspects. In this article, we will be looking at ways in which traders and participants gain insights. Some of the most tried and tested methods include direct investment, ETFs, or futures trading.
Santiment’s tweet has highlighted the diverse means available for traders to capitalize on market volatility and potential returns. These strategies can actually help traders maximize their profits in a sustainable and consistent way.
The second week of April was a bloodbath. Some major upheavals riddled the ecosystem. Santiment data shows that most of the market was in splits. The fear/greed ratio of the ecosystem became huge. This suggested that people were leaning more towards fear than greed, suggesting that people are more concerned about flushing their assets.
Therefore, we suggest that crypto traders use this opportunity to hoard coins. In other words, if you have enough disposable income, we suggest that you start buying up some BTC and some altcoins. Try creating a diverse profile. This will help you to maximize profitability.
Another way of investing in crypto passively is engaging in futures trading. In futures trading, individuals tend to bet on the price movement. If the prediction is correct, they earn a profit. This is another way of riding the waves of volatility in the crypto market.
