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Grid Trading Strategy
Whether cryptocurrencies trade in a Bull or Bear market, most of the time, they move with no clear direction. A Grid Trading Strategy helps take advantage of such a setup adding value to your portfolio with relatively low risk.
Read more about how to set up a Grid Trading Strategy with Coinrule.
The strategy is more effective when the trading pair trades within a clear range. Here are some examples of trading pairs you can use to run a Grid Trading Strategy.
Last update: 20/12/2021
BTCUSD
Funds needed to run the strategy:
– Bitcoin
– Stable coin or fiat currency
DOGEUSD
Funds needed to run the strategy:
– Dogecoin
– Stable coin or fiat currency
ALGOUSD
Funds needed to run the strategy:
– Algorand
– Stable coin or fiat currency
LTCBTC
Funds needed to run the strategy:
– Litecoin
– Bitcoin
BCHBTC
Funds needed to run the strategy:
– BitcoinCash
– Bitcoin
How To Build The Strategy
This strategy is available as the template “Grid Trading in Range”. You can also build it manually by referring to the draft below.
DISCLAIMER
I am not an analyst or investment advisor. Everything that I provide here site is purely for guidance, informational and educational purposes. All information contained in my post should be independently verified and confirmed. I can’t be found accountable for any loss or damage whatsoever caused in reliance upon such information. Please be aware of the risks involved with trading cryptocurrencies. This post is for educational purposes only.