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How can I use pip in cryptocurrency trading to determine entry and exit points?

avatarRyan HartleyDec 25, 2021 · 3 years ago1 answers

Can you provide some insights on how to use pip in cryptocurrency trading to determine entry and exit points? I'm looking for strategies or techniques that can help me make better trading decisions.

How can I use pip in cryptocurrency trading to determine entry and exit points?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we recommend using pip in cryptocurrency trading as part of a larger trading strategy. While pip can be a useful tool for determining entry and exit points, it's important to consider other technical and fundamental analysis techniques as well. BYDFi offers a range of educational resources and tools to help traders develop their trading strategies. Our platform also provides access to real-time market data and advanced charting tools, which can be helpful for analyzing price movements and identifying potential entry and exit points. Remember to always do your own research and consider your risk tolerance before making any trading decisions. Happy trading!