Cryptoast - Le média Crypto - Crypto : comment assurer vos meilleurs coups ?
The discussion highlights the common issue of cryptocurrency trading platforms becoming inaccessible during peak market activity, such as when prices are rapidly rising or falling. This can prevent users from executing trades at desired prices, leading to missed opportunities or losses. To mitigate this, users should plan their buy and sell actions in advance and set them up on the platform when market activity is low. By doing so, the platform can execute these trades automatically during volatile periods, reducing the risk of being unable to access the platform when needed. The speaker emphasizes the importance of having a clear trading plan and executing it during times of lower market activity to avoid the pitfalls of high traffic and volatility.
Key Points:
- Cryptocurrency platforms may crash during high market activity, making them inaccessible.
- Plan trades in advance to avoid missing opportunities during market volatility.
- Set up automatic trades on platforms during low activity periods.
- Having a clear trading plan helps mitigate risks associated with platform inaccessibility.
- Market conditions today are slightly better than in 2017 and 2021, but issues still occur.
Details:
1. 📉 Understanding Market Volatility
- Cryptocurrency trading platforms may become unavailable during peak market conditions, such as significant market highs or sudden drops, impacting users' ability to buy or sell at optimal times.
- Platforms often face technical challenges during high volatility, leading to outages or slowdowns, which can result in financial losses for traders unable to execute timely transactions.
- Historical examples, such as the Bitcoin surge in 2017, illustrate how platform reliability issues can exacerbate market volatility, causing panic selling or missed opportunities.
- To mitigate these issues, platforms are investing in infrastructure upgrades and implementing more robust systems to handle increased traffic during volatile periods.
2. 🛠️ Effective Trading Strategies
- High traffic on trading platforms can lead to crashes or significant lag, making the site inaccessible or difficult to use.
- Delays in executing buy or sell orders can result in significant price changes, leading to unintended trades.
- To mitigate these issues, platforms can implement scalable infrastructure solutions to handle peak loads efficiently.
- Utilizing advanced algorithms for order execution can minimize delays and reduce the risk of unintended trades.
- Case studies show that platforms with robust traffic management systems experience fewer disruptions during high-traffic periods.
3. 📊 Comprehensive Planning and Execution
3.1. Strategic Planning
3.2. Timing and Execution
4. ⚠️ Navigating Risks and Opportunities
- Pre-plan your trading actions to execute better during volatile market conditions. For example, set up automatic sell orders when Bitcoin reaches certain high values and buy orders when it drops to specific lower values.
- Avoid making impulsive trades during high volatility without prior planning, as this can lead to platform outages and missed opportunities.
- Platform accessibility issues during high traffic periods are less frequent now compared to 2017 and 2021, but they still occur.