Level Up Your Crypto Journey: 10 Expert Strategies Every Investor Should Know.
It's 2025, and we can no longer say crypto trading is a novel idea. Crypto trading has become increasingly popular among many investors seeking to profit despite the market's volatility. Suppose you are a novice and you intend to make profits like your expert colleagues.
In that case, you must have a solid understanding of some basic crypto trading strategies.
With these known strategies, you can easily navigate the crypto market, whether it's a bull or bear market. However, it is essential to remind traders that selling and buying crypto carry inherent risks, and learning these strategies doesn't confer complete immunity from losses, hence, traders must learn to conduct continuous, thorough research.
Here, I would explore the top ten crypto trading strategies that can move you from rookie to master and help you navigate the market effectively.
1. Buy and hold
"Buy and hold" in the cryptocurrency sphere is also known as "HODL". HODL is a misspelling of the word "hold." It refers to purchasing a cryptocurrency at a low price and waiting for its value to increase, thereby generating profits.
Setting a goal for cryptocurrency and selling off the profits as soon as it is reached is a long-term strategy that has worked well for years.
The value of the crypto asset may fluctuate during the wait period, but do not let that deter you.
2. Day trading
Buying and selling cryptocurrency or entering and leaving a position in the market within trading hours on the same day is known as day trading.
The primary purpose of day trading is to profit from small but significant movements in the cryptocurrency market.
The prices of digital assets are highly volatile, making day trading a potentially profitable strategy.
3. Swing trading
Swing trading is a broader approach compared to day trading. In this strategy, cryptocurrency traders maintain their positions open for several days or even weeks, aiming to capitalise on medium-term price trends.
"Becoming a swing trader requires the ability to develop strategies based on both fundamental analysis and technical indicators. Unlike day trading, swing trading gives traders more time to track a crypto asset's price movements and make well-informed investment decisions."
4. Scalping
Scalping is a high-frequency trading technique that involves entering numerous trades in a short period by taking advantage of small price movements. When scalping, you are expected to execute multiple trades in a single day. Scalping profits may not be substantial, but when accumulated over time, they can amount to something significant.
It requires a lot of patience, as you are expected to take small profits on a regular basis.
5. Range trading
Range trading involves extensive research, as traders must identify a range within which a cryptocurrency is trading and open a trade based on the expectation that the price will bounce off the upper or lower end of the range.
In this strategy, support marks entry points, preferably with confirmation from other indicators. Resistance marks exit points.
Typically, crypto assets trade sideways for an extended period, leaving no room for significant gains. However, these range-bound coins and tokens still provide profit opportunities.
6. Trend following
If you've been observant, you may have noticed that cryptocurrency values often move in recognisable trends.
In 2021, Dogecoin gained significant popularity after celebrities like Elon Musk promoted the cryptocurrency. It soon became known as "the people's cryptocurrency."
During its period of fame, the coin generated significant buzz on social media, leading to a price increase from $0.00268 to its all-time high of $0.7316. If you witnessed the rise of Dogecoin, then you saw "trend following" at its finest.
7. Breakout trading
Breakout trading involves buying cryptocurrency when the price breaks through an established resistance level.
It also involves selling a cryptocurrency when it breaks through a support level. In breakout trading, you're looking for assets that are poised to increase in price, buying when your indicators signal a move, and exploiting the chart.
8. Mean reversion
Mean reversion is based on the idea that prices tend to revert to their historical value. This strategy involves buying a cryptocurrency when its price is low and selling when its price is high.
9. News-based trading
There are news events that can impact the market, and it is essential to be aware of such developments.
For instance, when a government announces plans to legalise and regulate crypto trading, it can drive up demand and push prices higher.
A good example is when the US SEC approved a Bitcoin ETF, causing Bitcoin's price to jump by 20%.
10. Technical analysis
Technical analysis uses live trading charts and indicators to spot patterns and forecast price movements, helping traders make more informed decisions.
Every trading strategy comes with its own advantages and risks. An additional skill is learning to choose wisely and knowing when to step back.
Once you understand these strategies and build a trading plan aligned with your goals and risk tolerance, you'll be better equipped to navigate the challenges of the crypto market with less stress.
Trade crypto on a reliable trading platform like the Apex Network.
About 45% of your success as a smart crypto trader depends on the platform you choose. When deploying any of the trading strategies discussed above, it is crucial to choose a reputable trading platform.
Across Africa, several trading platforms exist, but Apex Network has consistently proven to be one of the best over the years.
The Apex Network is a secure, reliable, and user-friendly platform. It enables you to trade quickly and achieve high profits, backed by exceptional customer support service.
You can trade Ethereum, Bitcoin, and Dogecoin on the Apex Network for cash and receive payments instantly.
Visit the Apex Network website to create an account and start selling crypto for Nigerian, Zambian, Kenyan, and Ghanaian currencies.