Follow the Trend, Crypto Traders! (Momentum Trading Strategies)

I’ve been using Momentum Trading strategies more often in the Bitcoin and crypto space these days. They offer some unique benefits to us traders that can get us even more gains than just a buy and hold strategy and also can help us protect our capital during bear market downturns. There’s several types of momentum strategies and some of them have big risks and disadvantages as well. In this video I’ll break down momentum trading from top to bottom for you and also share the trading bot I’m using to automatically execute this type of strategy for me. If you have questions or comments, would love to hear from you down in the comments below.

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Timestamps:
0:00 Intro
1:22 What is Momentum Trading
3:30 Simple Example
4:24 2 Huge Benefits
5:28 Disadvantages & Criticisms
7:35 Why I’m using Tradeium’s bot
8:59 My Experience
10:44 Wrap up

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