What were the top short-term trading strategies for cryptocurrencies in 2014?

1 answers

• Dec 27, 2021 · 3 years ago
  In 2014, short-term trading strategies for cryptocurrencies were evolving rapidly. One notable strategy was algorithmic trading, which involved using automated systems to execute trades based on predefined rules and algorithms. These systems could analyze market data, identify trading opportunities, and execute trades with minimal human intervention. Another strategy was social trading, where traders would follow and replicate the trades of successful traders. This approach allowed less experienced traders to benefit from the expertise of others. Additionally, some traders focused on arbitrage opportunities between different cryptocurrencies. By taking advantage of price discrepancies, they could generate profits. It's important to mention that the cryptocurrency market was still relatively young in 2014, and traders had to adapt quickly to changing market conditions.
  880440