Track Real-Time Crypto Prices with AIFundBTC

Crypto trading can be volatile, exciting, and full of opportunity – but only if you have a clear plan in place. These 7 steps will help you build structure, reduce risk, and make better decisions in fast-moving digital markets. Whether you trade Bitcoin, Ethereum, or other cryptos at AIFundBTC, having a routine is key to staying consistent.

Step 1 – Choose Your Analytical Approach
Before you can trade, you need to know how you’ll analyse the market. Will you use technical tools like support/resistance, trendlines, moving averages, or Fibonacci retracements? Or do you prefer sentiment analysis or fundamentals like macroeconomic data or blockchain adoption trends?
This step helps you tune out distractions and focus on trade scenarios you trust and understand.

Step 2 – Identify Your Go-To Setups
Once your analysis style is clear, choose the setups you want to focus on. These might include breakouts, consolidations, or reversals.
Recognising your favourite patterns helps you avoid second-guessing and stay disciplined when it’s time to act.

Step 3 – Narrow Down the Markets You Trade
With thousands of crypto assets out there, it’s smart to start small. Choose a few high-volume, liquid cryptos – like BTC, ETH, or SOL – and get to know how they react to news, volatility, and momentum shifts.
Mastering fewer markets leads to better focus, stronger execution, and more reliable results.

Step 4 – Set Your Ideal Holding Timeframe
Your holding period should reflect the type of trader you are. Scalpers and day traders close within the same session. Swing traders might hold for a few days. Longer-term traders may stay in trades for weeks or even months.
Pick a timeframe that suits your personality and schedule – and stick to it.

Step 5 – Know How Much Risk You Can Handle
Risk management is where most trading plans fall apart. Decide how much of your account you’re willing to risk per trade. Use stop loss orders and set realistic reward targets.
A consistent risk/reward ratio helps you survive tough trades and stay in the game longer.

Step 6 – Plan How You’ll Respond to Losses and Wins
No strategy works 100% of the time. You’ll have losing trades, so decide in advance how you’ll react. Will you take a break after a loss? Reassess your plan?
On the flip side, plan how to stay grounded after a win. Ego leads to overtrading – discipline leads to results.

Step 7 – Review, Record, and Refine Your Process
Even the best trading plan needs maintenance. Track your trades, review performance, and log what worked (and what didn’t).

Over time, this routine gives you the insight you need to refine your approach and scale your results with confidence.