Make passive income from trade crypto

The cryptocurrency market fluctuates greatly and professional people can make big profits by exploiting these fluctuations, but novices can lose a lot due to price fluctuations.

Are there strategies that can be followed to make profit for the novices during these volatility?

Yes, there are

The kucoin platform has launched a bot with a number of strategies that enable you to profit during market fluctuations with very little risk.

The kucoin platform bot performs multiple automated trading operations, where it buys at a low price and sells at a high price

How to start a trading bot:

1_ Choose a trading pair:

A highly volatile currency must be chosen to be able to obtain greater profits

For example ETH/USDT

2_ Less price and greater price:

The lowest price and the highest price are the trading limits for the bot, where the lowest price is the price at which the bot sells currencies, and the same is true for the highest price, where the bot stops making deals when it is reached

To make big profits, you have to make sure that the price will not exceed the price you set in the next few days.

3- Preparing the number of orders:

The number of orders is the number of trades, which means that if the number of orders is small, the profit will be large between each order and another, and if the number is large, the profit will be less.

4_ Determine the amount to be invested in the bot:

Finally, you need to specify an amount to invest in the bot in order to trade with it

The larger the amount, the more profits you will earn, meaning that if you invest $100 and $1,000 in the same trading pair you have chosen, the $1,000 will bring you profits more than the $100, which may reach 10 times.