Is crypto trading a buy low sell high?
Could you elaborate on the commonly perceived strategy of 'buy low, sell high' in the context of crypto trading? Does this approach truly encapsulate the essence of cryptocurrency trading, or is it a simplified view? I'm curious to understand if there are other factors or strategies that professional traders consider when navigating the volatile cryptocurrency markets. Do you believe that simply buying low and selling high is sufficient to achieve success in this field, or are there more nuanced strategies that should be employed?