Bitcoin is a an International cryptocurrency
and listed to trade on more than thousands of exchanges
So the Price fluctuates Randomly
Investor feels confusion for sell trade of bitcoin and in decision of Exit
if you are investing today and do not decide when to exit the trade for profit in greed of doubling the money in 1 shot, then you are making mistake
if you want profit from trading in cryptocurrency or in stocks you need to learn few strategies
strategy 1 :
Rule 1 invest in round figure
for example you are investing [10000/-]
in this scenario Best advice is to exit on 10900 including fees paid to exchange
or follow a formula 1 Trade = Investment + 2% profit + exchange fees
why i am suggesting this because this formula will give a you chance to exit the trade on small profit and will not lead to loss because of fluctuation
same formula for stocks
find the stock which fluctuate more than 2% & less than 5%
this stock will give you profitable chances in Day Trade