Bitget: How to trade crypto on the spot market for beginners?
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Bitget: How to trade crypto on the spot market for beginners?
In this discussion, I will tell you one of the crypto trading methods for beginners who are new to or understand how to analyze properly and correctly in the crypto spot market, now the method in question is Grid Trading.
Grid Trading is a quantitative strategy where we can set buying or selling transactions in the spot market automatically based on the current trend. For those of you who want to know how, read on!
Here we use Bitget's big trading market as an example, the good news is that currently Bitget has a free spot trading promo. The point is that in every buying or selling trading transaction that you do on the Bitget market, you will not ask for a fee at all in the event.
How to do Grid Trading.
For those of you who don't have a Bitget account, please register first or do it here >>> how to avoid losing crypto trading on bitget
In this market view, there are 2 choices, namely the normal grid and the reverse grid, you should choose the normal grid feature. Then 2 strategies will appear, namely the AI strategy and manual creation, then you choose the manual one.
Then we will see the status of the latest candle, then if you look at the market conditions, you should first set it for a one-day period of the candle stick only. Now we will see the highest and lowest prices of Bitcoint now, our task now is to determine the purchase at what price we trade.
Simply put, after you decide and know the highest or lowest price of the Bitcoin, your next step is to put the number of the lowest and highest prices in the column > manual creation. If you have, you determine the total Grid and the capital you have.
For example, if you place a total of 4 grids, Bitget will automatically make a gradual purchase until it is close to the highest price you know. Well, to get the benefits here, you turn to the column below, which is advanced.
You must pay attention to this. In this column there is a trigger price where you can determine what price to buy or sell in order to get the profit with the highest price benchmark at the beginning, for example, when you approach the highest price you are allowed to make an initial profit even though it has not reached the previous highest price.
For whether or not this method is worth it, in my opinion, it is quite worth it because in this month alone I have made almost 10 million IDR in profit. As long as it's done with a good and correct analysis, you can do it too.