Reader small image

You're reading from  Zero to Hero in Cryptocurrency Trading

Product typeBook
Published inSep 2023
PublisherPackt
ISBN-139781837631285
Edition1st Edition
Right arrow
Author (1)
Bogdan Vaida
Bogdan Vaida
author image
Bogdan Vaida

Bogdan Vaida is a seasoned private investor who has backed over 300 crypto startups. He is a founding member of Iron Capital, a VC company incorporated in Dubai. Eight years ago, he founded his own company and has managed teams at various stages of development. He is an advisor for several blockchain projects, including Gravvity, Blockchain Valley Virtual, Gentlemen Capital, Bountie, MetaVill and Umay. For fun and profit he trades daily, having his own trading course and programming his own trading indicators and strategies.
Read more about Bogdan Vaida

Right arrow

Identifying a trading pattern

Finding a pattern to trade is not hard but knowing that what you are trading is actually profitable over the long run is. Besides finding the pattern, it needs to be tested over various markets, then it needs to be tested live, and finally, you can start trading (initially with a small amount, which increases as you become confident in the technique).

Figure 7.2 – Identifying a trading pattern

Figure 7.2 – Identifying a trading pattern

YouTube/Twitter/Telegram/Discord/TradingView and other social channels

You can get a pattern by watching YouTubers that do exactly this, develop and test patterns over numerous trades. Please make sure you test these patterns carefully as influencers are pressured by their business model to come up with new content. When one shows you new strategies every week, you can be sure they didn’t test them properly.

Twitter is another good source for strategies as it’s focused a bit more on content than on influencers...

lock icon
The rest of the page is locked
Previous PageNext Page
You have been reading a chapter from
Zero to Hero in Cryptocurrency Trading
Published in: Sep 2023Publisher: PacktISBN-13: 9781837631285

Author (1)

author image
Bogdan Vaida

Bogdan Vaida is a seasoned private investor who has backed over 300 crypto startups. He is a founding member of Iron Capital, a VC company incorporated in Dubai. Eight years ago, he founded his own company and has managed teams at various stages of development. He is an advisor for several blockchain projects, including Gravvity, Blockchain Valley Virtual, Gentlemen Capital, Bountie, MetaVill and Umay. For fun and profit he trades daily, having his own trading course and programming his own trading indicators and strategies.
Read more about Bogdan Vaida