Spot Grid Trading Strategies

Strategy is one of the most effective ways to profit from volatile markets. If you can't be strategic in such markets then you can never profit from it. Moreover, in this type of trading, you must possess unique characteristics. As such you must follow Spot Grid Trading Strategies if you want to see yourself profit at the end of the day. One of the best strategies in grid trading is diversification. You can choose more than one currency for grid trade for better returns and reduce risk of loss.





[source](https://pixabay.com/photos/stock-market-investment-gains-6690189/)


If you can diversify your portfolio it can protect you from major risks. This diversification will work especially well to protect against risk. If you want to invest the amount of funds you think you have in spot grid then you must plan properly beforehand. As I discussed in my post yesterday about Dollar Cost Averaging. There I mentioned that you should divide your total fund you want to invest into at least five parts. If your fund is more then you better select 5 different coins. Starting grid trading with 5 different coins will increase your APR profit.


If you can diversify your coin selection, you will find that selecting these coins in your portfolio will result in price variation. A currency moves faster where more buying and selling occurs resulting in better profits. The reason for this is when one of your coins will drop in price a lot but you will see any other coins in your portfolio going up in price. Likewise, your risk of loss will also be reduced because if one currency goes down, the other will recover it.

But one more thing is that the coins you buy are not going to bring you overnight profits. Because no coin will bring you instant profit. So it's not like you can profit here in a very short period of time so the effective strategy here is patience. Don't give up and don't get tired of watching the market fall. Rather stick to the strategy you started with and if you work patiently it will give you huge benefits. What do you think about the spot grid trading strategy? Have you tried every time? Do you think spot grid trading is best for traders who don't have time to manage themselves? You can share your opinion.