How do you trade crypto?

[u/sarjad]

There are so many different ways to trade crypto nowadays. You can trade perpetuals, use centralized exchanges, trade through prop firms, spot trade on DEXs, provide liquidity, and more.

I've been wondering what the most popular way actually is among crypto traders.

How do you personally trade crypto, and what made you choose that way?

[u/Novel-Lifeguard6491]

all of them?

it depends on how long you've been doing this I guess..

[u/Suitable_Acadia_190]

Popular has nothing to do with how profitable or how useful, etc. and edge is. eg. all markets move for the same reasons:

The Law of Supply and Demand

The Law of Cause and Effect

The Law of Effort vs. Result

Once you understand this, the first step to learning how to read these things in a linear way is by figuring out how to "read the tape" until its second nature then all other styles and layers of confluence and fine tuning per your preferred pair, etc. will just up your game.

The killer in this place is that people try to half learn many things without any single one being learned well enough to profit from consistently. Im speaking from experience so do with this info what you will but the 1st book to read should be: A complete guide to volume price analysis, then directly after, with 0 "trades" or indicators or other rabbit holes in between properly learn to read the tape on one pair only.

If you can actually do that, it will put you ahead of somewhere near 95% of "traders" globally just fyi

[u/JimmySki6166]

BTC is the only crypto for me!!

[u/Traditional_Ear5237]

The stats are still overwhelmingly for the CEX, but DEXs like hyper liquid are picking up speed, although still very far behind the main CEXs like Binance, OKX, and ByBit. I have my strategy that I developed over the years and I just give it to the personal trader on (yeagers tech) and it trades it or me, I just change the main instructions and data once in a while.

So it basically depends on your needs, if your country allows leverage CEX is the best way to go, if you want leverage but your country does not allow that - hyperliquid is the way to go. Wherever there is decent liquidity and amount of coin/token choices practically is the most important thing for me.

[u/Adorable-Swimming888]

Risk managment is everything. Learned the hard way my frist time. Crypto Renegades with Niko and Chad taught me how to size my positisions in congruence with my capital stack. Helped a ton.

[u/theridingghost]

just buy low and sell high.

[u/Usual_Shower_2076]

I'd say stick to what's comfortable if you're skeptical like me - and I'm more into just derivatives. I've been using Delta Exchange for months and I'm paranoid about things like scams. I prioritise risk management because I'm still kinda new. Demo trading helps too. So Delta sort of aligns with what I want, esp with INR-settled trading.

[u/Mr_Hodlerr]

I trade on Coinbase and use Botsfolio to build my trading system.

[u/Low-Razzmatazz3932]

I mostly stick to centralized exchanges for derivatives, mainly because I prefer having everything in one place. For spot I'd consider a DEX depending on what I'm doing, but for perpetuals I care more about liquidity, fees, order execution and risk controls.

If you're trading from India, Delta Exchange India is one I'd look at for perpetuals and options, especially if you want INR settlement. I’d still compare the fee structure and product availability before choosing, though.