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Understanding Robo Strategies with Delta Exchange


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Given their decentralized nature, cryptocurrencies are unbound by any central agency and can be traded round the clock globally. The prices in the cryptocurrency market fluctuate rapidly, continuously making it a challenge for the trader to profit from the price rise or drop. It is almost impossible for any trader to sit 24/7 and watch over the market. The experience would surely be dizzying!
As an investor, you seek to earn profits by speculating on the value of the asset you have invested in. Whether the price is in an uptrend or downtrend, you want to take advantage of the price fluctuations over time. Talking of the crypto markets, the volatility attached to them is both fascinating and restricting. As cryptocurrency trading becomes more popular with the current influx of traders looking to rake in some ‘digital moolah,’ it becomes more difficult for an individual investor to decide when to sell or purchase while ignoring the FOMO factor, too.
To address this challenge, Robo strategies come to our rescue!
What are Robo Strategies?
Robo Trading is one of the technologies developed to ease your crypto trading worries by helping you keep track of the market trends and build sound decision-making capabilities. It requires little effort on your part and lets you profit from your crypto investments by employing algorithms to purchase and sell your cryptocurrencies at predetermined intervals.
Robo Strategies allow you to put your crypto investments on autopilot to work for themselves and earn a potential return over time. There are several popular robo strategies that let traders conduct trades based on the asset price or technical parameters or the proportion of particular crypto in your portfolio. Robo strategies involve trading bots to collect market data and evaluate it to assess the possible market risk and perform the buying and selling functions based on the same.
How can You Benefit from using Robo Trading Strategies?
Robo trading strategies use the API of the exchange platform to operate functions based on predefined parameters to conduct trades. It helps make crypto trading safer, easier, faster, and more effective while giving the user the delight of earning daily profits.
You needn’t deal with the market’s volatility to enjoy gains, nor do you require any trading abilities to trade successfully using such strategies.
Why Choose Delta Exchange?
Delta Exchange is a crypto derivatives haven for traders from all walks of life. It offers several robo trading strategies that allow you to hold, acquire, or sell your crypto investments quickly and efficiently on autopilot. Delta exchange has opened new avenues in robo strategies in three unique categories:
the momentum strategy,
the arbitrage strategy, and
the AMM or Automated Market Makers Strategy.
Get started at Delta exchange in just 30 seconds with these simple steps.
Unlike other automated bots, Delta’s Robo trading doesn’t require you to pay any fees to subscribe to any of its robo trading techniques. You can opt from a range of the finest robo strategies on offer in the market right now at the exchange. Before you head over to the exchange website, let’s get down to basics and try and understand the robo trading strategies currently on offer at Delta Exchange:
#1 Top 2 Momentum
If you are someone interested in testing the waters in crypto trading via the top 2 premium currencies, then this strategy is for you. Under it, positions are opened only in BTC and ETH, and a trader gets maximum gross leverage of up to 3x. The strategy doesn’t concern many coins and is uncomplicated.
Given its simplicity, it is expected to perform better in volatile market conditions. Those investing in the Top 2 Momentum strategy are recommended to hold the investment for extended periods to maximize their gains.
#2 Top 20 Momentum
As the name suggests, this strategy covers positions in the top 20 cryptocurrencies by market cap. This strategy is for those traders that are looking to widen ...
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CryptoSlate Daily Crypto NewscastBy CryptoSlate