If you want to grow your crypto portfolio (FAST) using the best bitcoin investment strategy there are 7 things you need to know:

Traditional buy and hold (Hodl) like strategies don’t have nearly the same juice that it used to.

So…

What cryptocurrency and bitcoin investment strategies CAN you use to grow your crypto portfolio to unimaginable wealth?

The BIP bitcoin investment strategy that is known as (the BST method).

It’s a simple strategy that instantly increased our profit rate from 45.54% to 235.82% within 6 months.

And in today’s post, I’m going to show you the exact bitcoin investment strategy that the BIP team uses to consistently make a profit for our investors.

Let’s dive right in…

CONTENTS

CHAPTER 1

Understanding Cryptocurrency, Bitcoin, and Altcoins

In this chapter I’m going to walk you through the basics of cryptocurrencies, bitcoin, and altcoins.

Including:

What they are.

Why are they important?

And why you should use crypto to grow your wealth.

What is Cryptocurrency and how it works?

At its core, cryptocurrency is an internet-based medium of exchange which uses cryptographic functions to conduct financial transactions. 

Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.

what is cryptocurrency

Additionally, cryptocurrencies use decentralized technology to let users make secure payments and store money without the need to use their name or go through a bank. 

Unlike traditional currencies, they are not controlled by any central government or authority.

In the case of some of them (Bitcoin, Monero, and Litecoin for example), the supply of new coins is controlled by a process called mining.

Mining is a computationally-intensive process where computers (mining nodes) compete against each other to secure the network by solving mathematical equations, collecting bitcoins as a reward if they are the first to create a new valid block, which is then broadcasted to the rest of the network and added to the blockchain.

Other altcoins are pre-mined, where the mining occurs before the public launch of the coin. 

Pre-mined coins are sometimes viewed in a negative light as they are often heavily promoted to increase demand and drive up the price, allowing developers to cash out.

Since many of them have been created as open-source software, they continue to evolve as developers work to implement solutions to address problems that arise. 

Some of the common problems include scalability and security issues.

Even if cryptocurrency is in a bubble, the trend could very well be toward cryptocurrency being an important medium of exchange and store of value in the future. 

What are the benefits of Cryptocurrency?

  • User Autonomy
  • Discretion
  • Peer-to-Peer Focus
  • Elimination of Banking Fees
  • Very Low Transaction Fees for International Payment
  • Mobile Payments
  • Accessibility

Common cryptocurrency terms

Here are some of the basic, non-technical terms you’re likely to come across as you read about cryptocurrencies:

Blockchain: A cryptographically protected distributed ledger made up of blocks that contain transaction history.

As the blockchain grows longer and longer, it becomes increasingly difficult to alter older transactions.

Altcoin: Short for alternative coin, the term is commonly used to describe any cryptocurrency other than bitcoin.

Hodl: (/ˈhɒdəl/ HOD-əl; often written HODL) is a slang in the cryptocurrency community for holding the cryptocurrency rather than selling it. 

A person who does this is known as a Hodler.

What is bitcoin and how does it work?

The first cryptocurrency ever created is Bitcoin.

Bitcoin is a decentralized network that allows users to transact directly, peer to peer, without a middleman to manage the exchange of funds.

The digital asset, bitcoin, is used like other assets in exchange for goods and services. 

what is bitcoin

Unlike traditional currencies and assets, bitcoin is easily portable, divisible, and irreversible.

Bitcoin increases system efficiency and enables the provision of financial services at a drastically lower cost, giving users more power and freedom.

With Bitcoin, the original developer Satoshi Nakamoto set out to create a “peer-to-peer electronic cash system”, according to the Bitcoin whitepaper. 

The whitepaper was written under what appears to be a pseudonym and there is much mystery around the original creator’s true identity. 

People that track the Bitcoin network’s early activity estimate that whoever Satoshi Nakamoto is actually holds roughly 1 million bitcoin, worth approximately $18.6 billion based on recent prices. 

To add further to the mystery, it seems a minimal amount, if any, of this bitcoin has been moved/spent.  

Why should I use bitcoin?

There are many reasons to start using bitcoin. 

Here are a few of our favorites:

Bitcoin was named the top-performing currency for 4 of the last 5+ years.

As a global currency, you can send bitcoin to anyone, anywhere in the world without worrying about cross border remittance fees.

Keeping your bitcoin safe in a non-custodial wallet means there is no entity that can lock you out of your funds.

It’s globally inclusive — bitcoin is enabling millions across the globe to transact, save, and hedge their way to a better financial future.

why should i use bitcoin

One of the big innovations of Bitcoin was creating a system that did not rely on trusted third parties to process electronic payments; instead, it relied on the consensus of the nodes on the network. 

It also created a currency where the supply could not be altered by any central bank or government. 

That might not seem like a big deal in a country like the U.S., but in places like Zimbabwe and Venezuela that have experienced hyperinflation due to excessive money printing by corrupt governments, this is of greater concern.

Safely storing your cryptocurrency

Now that you’ve got the basic understanding of what cryptocurrency is and how you can use it, the next crucial step is determining how and where to securely store your coins.

While keeping your Bitcoin and other cryptocurrency on your exchange is an option, the counterparty risk makes this method less secure and should be avoided if possible, particularly for significant amounts.

The adage: only trade and keep funds on an exchange that you are willing to lose cannot be stressed enough.

Thus, many investors rely on hardware wallets or non-custodial wallet to store their digital assets — or more precisely, the private keys to those digital assets — offline where they can only be accessed by the owner.

tips for keeping your crypto safe

Moreover, there is also a plethora of software wallets available, which allow investors to store their own private keys to their Bitcoin and cryptos with an app that can be accessed from their laptop, iPad, smartphone, etc.

Ultimately, both are better options than keeping your fund with a custodian such as an exchange as the possibility of getting hacked and funds’ theft is always there regardless of how “secure” an exchange claims to be. 

Sometimes the users get reimbursed, sometimes not. 

But this is certainly a risk that every digital asset holder must be aware of when relinquishing control over their funds to some trusted entity.

Ensure to store your crypto in a secure wallet that gives you control over your private keys.

Be sure to also save down your 12 words phrase safely as this will enable you to easily import your funds to any other wallet securely.

Investing in cryptocurrency doesn’t have to be difficult or risky. 

Investors simply need to have a plan before taking action and every responsible trader always does their own research before making an investment in any crypto asset. 

Make sure you do yours!

Now that we have the basics out of the way, it’s time to dive deeper into the BST method.

CHAPTER 2

What Is The BST Method?

Now it’s time for me to show you exactly how the BST Method works.

Specifically, I’m going to hand you the key fundamental of this bitcoin investment strategy:

How we research these highly profitable coins.

Choosing coins with high percentage price swings.

The BST method also known as bitcoin swing trading can be described as a kind of fundamental trading in which positions are held for longer than a single day typically 5-7 weeks. 

Most fundamentalist are swing traders since changes in corporate fundamentals generally require several days or even weeks to cause sufficient price movement to render a reasonable profit.

types of crypto traders

But this description of swing trading is a simplification.

In reality, swing trading sits in the middle of the continuum between day trading and trend trading.

A day trader will hold an asset anywhere from a few seconds to few hours but never more than a day.

A trend trader examines the long term fundamental trend of an asset and may hold the assets for a few weeks or months.

Swing traders hold a particular asset for a period of time, generally a few days to 2-3 weeks which is between those extremes and they will trade the assets on the basis of its intra-week or intra-months oscillation between optimism and pessimism.

It’s important to know that the first key to successful bitcoin swing trading is picking the right cryptocurrency to trade.

The right crypto for bitcoin swing trading

The first key to successful bitcoin swing trading is picking the right cryptocurrency asset.

The best candidate are defined by their :

  • High volatility
  • High percentage price swings
  • Frequent rate of volatility over time
  • A consistent and reliable trend
  • Liquidity (enough volume to consistently buy/sell)

And a host of other proprietary factors that we take into consideration before these “hard to find” coins are added to our BST coins portfolio.

They are what I would label as the “cream of the crop” crypto coins when it comes down to quickly building up your crypto portfolio. 

Now remember, these coins only generate profits during certain time periods, so don’t go thinking that these BST method coins are going to last forever.

This is why the BIP team of highly trained crypto traders and analysts are continuously searching for the ideal coin for you to trade at the exact period of time.

As you might already know, there are over 2200+ coins to trade at any given point and time. 

However there’s only an extremely small fraction of them that will deliver you the consistent and reliable low risk & high reward results that I know you’re looking for.

An overwhelming majority of the coins out there either suffer from…

  • Low liquidity (do not offer enough buy and sell opportunities in order to get in and out of a trade fast)
  • Price swings that are typically low, either due to low volatility or higher market cap value coins. 
  • Bearish trends that are just too unpredictable to trade consistently for reliable profits.

To better illustrate what a bitcoin swing trading method coin is (which we’ll be referring to it as the BST method coins through out this guide), let’s go over a few examples.

the bst method coins
Example of the BST method coin that experienced a 54.2% swing rate within a 5 days period
2nd example of a BST method coin that experienced a 45.1% swing rate within a 3 days period

So then how do you find these BST Method Coins?

The short answer is, manually.

I realize you might have been expecting something a bit more automated by now, but the simple truth is “human logic” is required in order for this to work.

So after several months of trial and error, we finally came up with a solution that would allow us to streamline this painful & time consuming process.

No, it didn’t involve developing another overly-complex and expensive crypto scanner.

Truth of the matter is…

We trained a highly qualified team of crypto enthusiasts to help uncover these gold mine coins for us. 

This team of  “BIP crypto analysts” proved to be the greatest decision we’ve ever made within our entire crypto trading career. 

As a result of the countless hours of hard work and training.

The First Ever “BST coins analysts” Team Was Assembled.

In essence, the BST method is the most effective low risk, high reward trading system for turning your crypto portfolio into a 8 figure powerhouse.

CHAPTER 3

Money Management and Trading Strategy

Within this chapter, I’ll be covering the money management and trading strategy system.

You’ll be using strategies with the BST method coins upon your subscription to the BIP Crypto Trading Academy.

So let’s go ahead and get right into it…

Your very first lesson in bitcoin swing trading (BST method) is to ALWAYS buy and sell in increments. 

This is commonly referred to as scaling technique (SCAT).

When placing a buy order, you’ll rarely have the opportunity to purchase at the very bottom of a dip, but you can almost always scale into a trade and get pretty damn close to the bottom, more often than not.

bst method scaling technique

The same thing goes for selling.

You’ll rarely be lucky enough to sell at the very peak of a candle, but you can always scale out of a trade and more often than not, get as close to that peak as possible (this is also commonly referred to as  “Take Profit”).

Take note that trading is all about incremental buying and selling. 

Never use up all your trading capital in one buy/sell order.

No matter how much you THINK price action will never increase or decrease any further, you always want to save more of your capital for later buy orders.

As an example…

If you had a total trading budget of $1000. 

You would look to split that up into 2-3 increments. 

For example: $333-$333-$333, $250-$250-$500, or $500-$500, etc.

Always use this money management strategy for all your buy and sell orders. 

You’ll almost always find yourself in a great trading position in order to take the most amount of profit available for that particular trade setup.

Fundamentals of trading the B.S.T. method

Out of all the trading strategies the BIP team have used, and believe me…

We have bounced around many of them, but have always come back to the most simple of strategies. 

As we find them much more effective than cluttering our charts with a ton of different lines & indicators.

If you’re new to trading, you might think that the age old saying…”more is better”, is valid when it comes to setting up your charts.

However you’d be monumentally wrong!

This simply CANNOT be applied to trading (on so many levels).

All it manages to do is add confusion to what often is a rather simple decision.

Realize that even the most experienced and successful traders make a ton of bad calls, but still manage to come out on top.

This is oftentimes the result of keeping their losses to a minimum while maximizing their gains. 

You’ll also be surprised to know that most successful traders use basic chart setups when trading. 

Just like the simple and overused acronym goes.

Keeping It Simple Stupid (K.I.S.S.).

This is one of those cases where it most certainly applies to trading setups.

So, let’s get back on track here…

You’ll be using 5 trading tools for your B.S.T. method charts. 

  • 50 day moving average
  • 200 day moving average
  • RSI indicator
  • RSI Stochastics indicator
  • Volume indicator

Know that: most of these indicators will primarily be used to confirm a good buy or sell signal only.

fundamentals of the bst method

One of the first indicators you’ll use (as pictured above) is the 50-Day and 200-Day Smoothed Moving Average (simple moving average).

This will quickly let you know where the current trend is within a particular time frame.

Two popular trading patterns that use the SMA include the death cross and a golden cross.

A death cross occurs when the 50-day SMA crosses below the 200-day SMA, this is considered a bearish signal that further losses are in store.

The golden cross occurs when a 50-day SMA breaks above the 200-day SMA, that implies that an uptrend is expected.

Price action on or below the 50-Day moving average signifies a buying opportunity (on a 1 or 4 hour timeframe). 

Price action above the moving average signifies a selling opportunity. 

Most of the price action, on a bullish chart, will bounce off the 50 day moving average before it consolidates or spikes for a quick profit.

When trading a consolidation chart (sideways action), the price will bounce off the 50 day moving average or slightly below it. 

If price action moves below the 50 day moving average, this signals a great opportunity to scale in another buy order. 

This allows you to take advantage of a much lower buying position which inherently allows you to earn more profit on the upside.

the bst method coins

NOTE: All the B.S.T. method coins given to you will either be in a consolidation or bullish trend.

So one of these two scenarios mentioned above will apply.

Remember, do not use any other indicators or trading tools that I haven’t covered here within this guide until you have accumulated a vast amount of experience using these 5 indicators.

I understand the temptation is alluring when you don’t have much trading experience. 

You might be tempted into using other trading indicators and tools in order to give yourself more of an advantage, but I’m here to tell you… just don’t do it!

Keep it simple!

Basically, this type of trading is commonly referred to as “Naked Trading”. 

You’ll hear many other seasoned traders reference this particular term.

volume indicator

Zoom into your trading view chart to view the volume indicator.

CHAPTER 4

Trading Strategies Part 2

Within this chapter, I’ll be covering a few of the indicators I introduced in the last chapter.

Along with a few more buy and sell signals to be aware of, just in case you’re looking to add more confirmations to your trades.

However, let me make it clear that the basic trading strategy I covered in the last chapter regarding the 50-day moving average is all you really need in order to start building up your crypto portfolio to insane profits.

With that said, let’s start off by discussing divergence. 

This phenomenon can be found on the RSI, Stochastic, and even Volume indicator. 

Spotting Divergence 

Divergence is a remarkable way of spotting a trend reversal.

You can typically find divergences by comparing the momentum of these indicators (typically RSI) with the price action on your chart.

When comparing indicators, you’ll be able to see a distinct disagreement between them and price action found on the chart. 

This means that one will be moving up (like the price action) while the indicator will be moving down (typically RSI, but can be many indicators).

For example, if the RSI is moving downward, but the price action continues to rally, this is a clear indication that the momentum of the trend is starting to change.

Below is a good example of a clear divergence.

divergence

The RSI and Stochastic indicators, both show momentum, whereas the volume indicator shows volume. 

If you find that the volume indicator is showing divergence, and the price action continues to rally, this is a clear sign that the volume of your particular B.S.T. coins are getting weaker, thus signaling that a reversal is impending.

volume and rsi divergence

Divergences have always helped us determine when to place a good buy or sell order.

Support & Resistance

Another very common strategy used by almost all active traders is the support and resistance lines. 

These are used to determine buy and sell opportunities in advance, so that you can set up a reliable buy and sell order before price action reaches those key levels.

If you’re not familiar with support and resistance lines, these levels are typically represented by horizontal lines, signaling the bottom and top rejection points of price action.

This is a very useful indicator which you should be using in conjunction with the previous two mentioned earlier.

Take note that in order for a support or resistance to be considered, they must have at least 2 rejections from those key levels. 

Three or more rejections indicate that these levels are reliable. 

The more rejections these levels receive, the stronger your support and resistance levels become.

Important: Once a resistance has been broken, it will typically become the next support level for another future trade setup.

Same goes for support on a move to the downside. 

Once support has been broken, it will typically become the next level of resistance before price action moves further down.

Here are a few examples of support and resistance.

support and resistance
support

CHAPTER 5

Stop-loss Strategy and Trading Multiple Cryptos

At this point you probably know how to place a good buy and sell order. Nice!

Now it’s time to tap into advanced strategies that you can use to set a stop loss

and trade multiple BST coins in order to ensure maximum profit within a given timeframe.

Let’s jump right in…

I’ll start off with stop losses.

There are 2 types of stop losses you can set for your B.S.T.coins:

Mental and Hard stop losses. 

Each one has it’s advantages and disadvantages. 

I will recommend you start off with hard stop losses…

Hard stop-loss 

Hard stop losses are what I’m sure you’re already familiar with. 

They’re a feature that most cryptocurrency exchanges have within their trading platform. 

These are typically located on the same panel as your buy and sell orders. 

The main benefit to utilizing these stop losses are that they allow you to walk away from your computer without having to worry about monitoring your trades. 

If they decide to take a turn for the worse, you’re covered. 

Just think of it as insurance for your crypto trade setups.

The only drawback to using these hard stop losses are that they can sometimes “prematurely” exit you out of a trade that eventually turns around for a profit. 

That’s why you must always set a “loose stop loss” under a major support. 

Here is an example…

bst method stop loss strategy

I HIGHLY RECOMMEND novice and intermediate traders utilize hard stop losses as you simply WILL NOT have the willpower to use a mental stop loss when the time is needed to execute them.

This brings us to mental stop losses.

Mental stop loss

Mental stop losses require you to actively exit a trade manually based on a predetermined breakout (chart patterns) or price movement. 

This means you must tell yourself to exit a trade in case things go downhill at a particular price range or breakout of a particular chart pattern that doesn’t go your way. 

You mentally set these criteria in your mind and execute once the time comes.

This takes a lot more willpower than you may think as greed and “what if” scenarios are boundless during these pivotal moments.

However, you must ALWAYS stick to your original game plan when using mental stop losses. 

Sure, you might wait it out and recover for a small gain, but trust me when I tell you, the overwhelming majority of the time you’ll find yourself taking on more loss than you had originally intended.

The main benefit to using this type of stop loss is so you don’t prematurely get stopped out (AKA exited out) of a trade before profit can be taken. 

By utilizing loose stop losses (covered above), you can avoid being stopped out of a trade prematurely most of the time.

Loose stop losses should always be located several percentages under a major support.

Mental stop losses also have a secondary benefit of not being charged a market taker fee, which some exchanges will have upon using a hard stop loss. 

However, these fees are nominal when compared to the losses you can incur when not utilizing them.

If you decide to use a mental stop loss and your trade ends up continuing towards the downside, past your original mental stop loss (example, you’re away from your computer), you will need to exit the trade at the first “relief rally”. 

This is extremely important as the next downside movement tends to be much more prominent.

Let’s take a look at an example…

mental stop loss

Trading the B.S.T. Coins for maximum profit 

As you may have noticed, there are several packages you can choose from our sales page at the BIP Crypto Trading Academy

Each package includes additional B.S.T. coins to trade according to your own personal budget.

In order to best utilize your time and inherently maximize your profits within the shortest amount of time possible, you want to divide your trading capital between multiple B.S.T. coins.

This will allow you to place a buy order for one B.S.T. coin, while you’re waiting for the 2nd or 3rd B.S.T. coin to dip to a point where you can place another buy order.

Using this strategy will allow you to utilize your time more effectively without having to worry about the waiting period a B.S.T. coin takes to return to its buy zone.

This is the fundamental strategy that the BIP team uses for all our various crypto accounts. 

Here is an example…

When one B.S.T. coin profits from a trade, we’re placing another buy order on another B.S.T. coin near its buy zone.

Utilizing this strategy can easily triple or quadruple your crypto account capital in under a few weeks’ time, thus effectively leveraging your time and maximizing your trading capital.

CHAPTER 6

Choosing The Right Crypto Exchange

This chapter is a list of some of my all-time favorite things to watchout for when choosing a cryptocurrency exchange for trading.

I’ll not only provide you with a bunch of awesome tips, but I’ll

also show you WHY choosing the right exchange is essential for a crypto trader.

With that, let’s check out the list!

Choosing the right cryptocurrency exchange may be one of the most important initial tasks an interested trader or investor must complete. 

choosing a crypto exchange

Picking the wrong trading platform could potentially lead down a road riddled with hacks, distractions and wasted effort.

When looking for the right crypto exchange, interested parties must first know what they are looking to accomplish. 

For example, is your goal to simply invest on a longer term basis, or to trade in and out of positions regularly?

Investors might look to spot exchanges. 

These are platforms on which one can buy and sell actual digital assets themselves. 

Spot Bitcoin (BTC), for example, is actual Bitcoin that a person can buy, sell or transfer to any exchange or wallet at will and hold for as long as desirable.

So, choosing the right trading platform is paramount as your crypto coins.

Below is a list of 5 important areas to look into when choosing an exchange.

1.  Volume

Trading platforms vary based on the number of participants using them at any given time, as well as the amount of each asset being traded. 

This aspect can be important as it affects how easily users can enter or exit positions.

If a trader is looking to sell 100 BTC, he or she likely will not be able to do so on a low-volume exchange as not enough sellers may exist at the current listed market price, forcing the trader to sell to lower offers on the exchange.

Volume issues often complicate altcoin positions on certain exchanges, making it difficult to buy or sell large amounts of those assets.

Checking volume can be a difficult task sometimes, due to exchanges posting fake volume. 

One method involves looking at the order book on different exchanges, taking note of what amounts of each asset sit in the order book and how far the price levels are from one another.

Another way to assess volume is to check third-party websites that offer this type of data. 

Coin360, CoinMarketCap and OnChainFX are three options that list different types of volume data.

2.  Asset selection

Top digital assets such as Bitcoin, Ethereum (ETH) and Litecoin (LTC) are widely available on most crypto exchanges. 

Other smaller cap coins and tokens, however, may not be available on certain exchanges.

Therefore, it can be important to know which crypto assets each exchange offers, selecting the appropriate options.

3. Fees

Most exchanges charge a small fee for each trade. 

These fees vary based on the platform, and are usually based on a percentage of each trade.

Fees may not be as important to investors as they are to traders. 

the right exchange for a bitcoin trader

Traders buy and sell more frequently, racking up fees more often, although this depends on the size of each trade versus investment sizing.

Some exchanges also have withdrawal fees and limits.

4. Security

Each crypto exchange has its own chosen methods of security. 

Check to see if the exchange offers two-factor authentication (2FA). 

If not, then the exchange may not be acceptable by today’s security standards.

Additionally, look to see what type of 2FA is compatible. 

Google authenticator, Authy and Yubikey are three common avenues for 2FA as they arguably offer better security than mobile text-based 2FA.

Each exchange also has various other security measures possibly worth checking into, such as cold storage asset reserves and custodial storage services.

5. Reputation

Since the cryptocurrency space is still largely a new industry, it is important to be aware of the reputation of each exchange of interest. 

Many exchanges have been involved in nefarious activities, hacks and exit scams, leaving users in a less than ideal situation.

It is important to conduct research on different exchanges, searching them on Google alongside the term “scam” and evaluating the results. 

Searching the exchange on various forms of social media can also be useful, looking to see if any complaints have been posted.

Looking into each platform’s terms and conditions can also be helpful, noting anything that is alarming or out of place.

Our recommended exchanges for trading crypto is Binance and Hitbtc.

DYOR

Doing your own research (DYOR) is one of the most important aspects of engagement in the crypto space — not just regarding exchanges, but the entire cryptocurrency industry as a whole.

The above 5 aspects can be good examples of things to consider and research when choosing the right crypto exchange for trading, although they will vary from person to person based on your goals, values and activities. 

Skepticism and research may prove more valuable than not in the young and developing crypto industry.

Basically, doing your own research will be totally worth it.

CHAPTER 7

Stay Updated and Avoid Scam

This chapter will teach you how important it is to avoid crypto scam.

And how paramount staying updated is as a crypto trader or investor.

Let’s dive right in.

As bitcoin becomes more popular, more people have sought to acquire it by hook, line, and sinker.

Hackers have become very creative in finding ways to steal from people these days.

Unfortunately, these nefarious people have taken advantage of this and have been known to set up fake bitcoin exchanges.

These fake exchanges may trick users by offering extremely competitive market prices that lull them into thinking they’re getting a steal, with quick and easy access to some cheap bitcoin. 

One common execution of this method is by email.

Scammers use stolen email lists and other leaked user information to run this scheme across thousands of people everyday all in an effort to rob them of their coins.

Note that, It is essential to always double or triple check the address you’re sending to when sending bitcoin

Be sure to use a reputable exchange when buying or selling bitcoin as well.

Do not trust people who entice you or others to invest because they claim that they know what the bitcoin price is going to be. 

In an industry which is built on the fast-paced, it can be difficult at times to keep up with what, where and why things are happening.

Despite the fact that we literally have the news at our fingertips, it’s not always obvious what might be worth paying attention to, or what might be the result of fear, uncertainty, and doubt (FUD). 

A great way to stay updated is through the news section of google, you can easily do that is by searching for bitcoin or your preferred crypto pairs on google news. 

Importantly, make sure to always monitor your asset’s price action and trend using the Trading view chart.

trading view

You will quickly realize that results from technical indicators will always be more accurate and succinct than any news.

A word of caution, especially in blockchain and cryptocurrency-related matters, is that it is always a good idea to cross-check sources to ensure that the news is reliable and the content is accurate.

Keep a trading journal

The primary objective of a trading journal is to monitor both the performance of your trading system as well as the ability to execute it on a consistent basis.

This provides any serious trader a way to help you evaluate yourself objectively. 

Simply note down prices, dates, positions, sizes, and a reason for an entry and exit point.

keeping a trading journal
BIP Trading Journal

One thing that can be taken away from this experience is that keeping a trading journal allows a trader to backtest and review candle patterns, and support/resistance levels without confirmation bias.

This will greatly improve your ability to execute and manage future ideas and trades.

Now I’d Like To Hear From You

There you have it:

The 7 best bitcoin investment strategies to earn online in 2021.

Now I’d like to hear from you.

Which strategy from today’s post are you ready to try first?

Are you going to start trading crypto today using the BST method?

or maybe you will like to invest and earn returns using this bitcoin investment strategy.

Either way, let me know by leaving a comment below.


Mark Oden

Mark Oden

I write about all things blockchain, bitcoin, and how crypto can change the world. Active bitcoin trader.

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