In order to increase profits and minimize losses it is essential to have a good, well-tested trading strategy.
Every cryptocurrency trading strategy requires a predefined crypto or fiat-to-crypto pair, money management rules, and entry/exit points. Please keep in mind that a trading strategy that is too aggressive or excessively risky may turn extremely unprofitable.
As well as traditional financial markets' strategies, cryptocurrency trading ones are based on fundamental or technical analysis, or both. To gain profit from your trading you should thoroughly study these techniques, attentively analyse the market and have a thought-out and verified trading strategy. You can create your own strategy or combine the existing ones. For more information on popular trading strategies feel free to check the articles in the "Trading" block.