In 2025, tools like Cryptohopper are becoming a necessity for every trader. Reason? They enable you to trade 24/7 without having to worry about nonstop market monitoring. In the cryptocurrency world where prices can turn around in the blink of an eye, this is a huge advantage.
Cryptohopper is a cloud-based platform that automates your trade strategies. It does not matter if you managing a huge portfolio or just concentrating on a few coins, it allows you to set up bots that analyze the market, trade, and even copy the strategies of other successful traders. It’s like having a professional trader on your side, working 24/7.
But let’s be real, none of this will work without the right strategy. And honestly, with so many options, It can be quite challenging to figure out what will work best for you. In this post, we will take a look at how you can maximize profits using Cryptohopper. From simple purchases to advanced methods, we’ll show you how to design the best strategy for your bot to make some serious money. Do you want to take your cryptocurrency game to the next level? Let’s jump in.
Simple ‘Buy and Hold’ with Strategic Tweaks
The most basic trading tactic is purchasing a cryptocurrency and holding onto it as the price rises. This strategy works best in a bull market where prices are constantly rising. However while simply buying and holding can make you decent profits, using a little bit of strategy can maximize your returns.
For example, You could take the opportunity of the dips instead of just holding on to a coin. Buy low and sell high is your strategy to maximize the profit. You must buy low and sell high not just once, but many times as the market moves.
Crypto markets have a reputation for being very volatile, meaning that prices do not go up in a straight line. It’s not all smooth sailing; there will be dips and rises. Buying during these dips and selling again when prices rise again gives you not just the profits from your investment but also the additional profits from the trade. In a strong bull market, such opportunities arise much more often, allowing you to benefit from price movements of smaller magnitudes.
So, let’s say Bitcoin is at $30,000 and drops to $28,000. You would be able to buy more at $28,000 and then sell again when it rises. You could make money on the rise and fall in the price but retain your long-term investment strategy when short-selling.
Leveraging Small Profits from Frequent Trades (Scalping)
If you’re a mover and shaker who likes to make quick decisions, scalping could be the strategy for you. Scalping is all about executing many trades during a short amount of time to take advantage of small price moves. This is a great way to make money especially when it comes to crypto. The prices often go up and down quite quickly here and therefore the tight ranges are quite useful.
Cryptohopper excels in this area. Their bots are automated to carry out this strategy. These bots are always looking to jump in and out of a trade to make a profit on the small price changes. This way, you can still make profitable trades when the market is not moving much or is relatively flat.
A distinguishing feature is the Hero Plan which permits your bot to scan the market every 30 seconds. This creates a significant advantage in a market that isn’t trending strongly in either direction. It gives you more opportunities to catch small but profitable moves. Remember that when you make many trades, you may have to pay more fees. So, use exchanges that have fewer fees to help you gain more from your profits.
Trend Following for Long-Term Growth
If you want stable growth and are here for the long term, trend-following is good for you. This style of trading is all about figuring out the overall market direction and then trading with the trend. The goal? Purchase when the market rises and sell when it begins to change direction. Cryptohopper makes it easy to follow trends with some technical indicators that help build the trend. Some of the most helpful tools include.
Moving Averages (MA): The crossover method where the short-term moving average crosses above the long-term moving average is a classic signal that a new trend is starting and a great time to buy.
Related strength index: This reading shows if a coin is overbought or oversold. It would be useful to determine when to enter or exit a trade.
MACD (Moving Average Convergence Divergence): The MACD is great for detecting changes in trends and can help you with entry and exit points.
Trend-following is most effective when markets are trending; that is, either moving consistently upward or downward. You can earn good money over time by riding that wave. With the help of Cryptohopper’s automation, the bot continuously checks the market for you. So you never miss a trend change and can trade accordingly.
Timing is important
Last but not least, the timing makes or breaks the deal when executing the strategy. If you open a strategy at the wrong time, like at the top of a market cycle, it can result in substantial losses, even with the best strategy. You never know when a trend reversal will happen or when a market top has been reached. That’s the problem with the crypto market.
For instance, executing a strategy during a bull market may seem like a lay-down case. However, if the market soon switches to a downtrend, you could find yourself suffering major losses before recovering. To avoid this, proper risk management must be in place.
Using trailing stops and stop-loss orders can protect you from huge losses when trading. These features can help secure gains and reduce losses during large movements in the market. Cryptohopper has these risk management tools allowing you to fully automate your strategy, ensuring your trades will be executed no matter how the market fluctuates.
Tuning Your Bot: Advanced Settings & Customization
Cryptohopper allows a lot of customization for your bot, which is one of its great features. You can change your bot to suit your needs. The platform offers tons of flexibility with advanced settings, enabling you to optimize your bot according to market conditions.
You can use any of Cryptohopper’s pre-configured templates, but why stop there? Configure your bot with tailor-made strategies that comprise selected indicators, risk factors, and trade configurations. For instance, you can configure your bot to trade only when certain conditions have been met like a technical indicator crossed a certain level, or the price of a coin reached a certain level.
If you want to go even further, Cryptohopper has also created a Marketplace where you can buy and sell strategies that other traders have created. You can use it to try new strategies or buy ones that have already been tested.
For a higher chance of success, tailor your bot’s strategy. The more you customize it according to your style and current market, the more you will strike a chord with your trades.
Choosing the Right Strategy for Your Bot
Ultimately, selecting the best strategy to use for your Cryptohopper bot depends on what you want and the market’s condition. No matter if you prefer an easy buy-and-hold strategy, would like to profit from small price movements using scalping, or plan to ride long-term trends by following trends, Cryptohopper has what you need to carry out these strategies.
Before you jump into these techniques, you might want a detailed insight into each of the above-mentioned techniques and how they may work for you. ProvenCrypto is here to help. It is a great resource to check out different types of cryptocurrency platforms and trading tools for better decisions. When you’re improving your strategy with Cryptohopper or using another platform, ProvenCrypto gives you reviews to help your choice.
