Dmitry DudarenkoDec 19, 2021 · 3 years ago9 answers What are the advantages and disadvantages of using the wheel strategy in the cryptocurrency market compared to the buy and hold strategy?
Can you provide a detailed explanation of the advantages and disadvantages of using the wheel strategy in the cryptocurrency market compared to the buy and hold strategy? How does the wheel strategy differ from the buy and hold strategy in terms of risk management and potential returns? Are there any specific factors or market conditions that make the wheel strategy more suitable or less suitable for cryptocurrency trading?