What crypto trading strategies do cryptocurrency traders use?
Could you elaborate on the various crypto trading strategies that cryptocurrency traders typically employ? I'm curious to understand how they navigate the volatile and complex market. Are there specific technical analysis tools or indicators they rely on? Do they utilize short-term trades for quick profits or opt for long-term investments? What about risk management techniques - how do they mitigate potential losses? Lastly, how do they stay updated on the latest trends and news that could impact the market? I'd appreciate a comprehensive overview of the strategies and practices that guide successful cryptocurrency traders.