DYOR: Buying strategies and profit-taking strategies

In this guide, we explain why it is important to develop purchasing strategies and profit fixation strategies

Purchasing strategy - a plan of action that determines when and how to acquire assets.

Purchasing strategies include:

1) Purchasing with three equal orders

This is a method where the purchase is divided into three equal orders, with purchases made at different prices.

2) Purchasing with three unequal orders

This approach involves dividing the purchase into three unequal orders, with purchases made at different prices.

Selling strategy - a plan of action aimed at closing positions to realize profits.

Profit fixation strategies include:

1) Fixing profit at 2X

This tactic involves taking back the invested funds and leaving the free coins.

2) Profit fixation based on goals

An approach where goals for selling assets are set in advance to lock in profits when they are achieved.