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| Finance gate | Perhaps the most important tip when it comes to day trading crypto is to have a sound understanding of market principles and dynamics. Day traders are active in most financial markets, such as stocks, forex , commodities, and of course, cryptocurrency markets. This is especially true when it comes to exiting a position. However, the more time the price touches a support or resistance level, the more likely it is that the level will break. Liquidity : Highly liquid crypto assets allow for faster execution of trades and tighter bid-ask spreads. By using our site, you consent to cookies. Adequate trading volume is essential for efficient day trading. |
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