Crypto market will be in upheaval in September. How will investors survive?

2022-09-06, 08:39

Following a hawkish signal from the FED chair, BlackRock, the largest asset management firm in the world, suggested that the FED should hike interest rates significantly in 2022 to combat inflation. According to CME's "Federal Reserve Watch," there is a 44% chance that the FED will increase interest rates by 0.5% by September, a 56% chance that they will increase by 0.75%; by November, there is a 6.6% chance that they will increase by 0.75%, a chance of 45.8% that they will increase by 1%, and a 47.6% chance that they will increase by 1.25%. It is important to note that the interest rate futures market anticipated last week that there is a 75% chance that the FED will increase interest rates by 0.75% in September. The decisions made at FED meetings and even rumors will affect the value of cryptocurrency. All those provide a challenge for crypto investors, who have to think about how to survive and earn in the volatile market.

A.Brewing risks

The FED has several critical meetings scheduled for September, all of which pose significant risks to the cryptocurrency market. Although market shifts are common in the cryptocurrency sector, investors should nonetheless take special care to guard against sudden interest rate increases and currency price decreases. If necessary, they could also consider using investment tools. According to a proverbial phrase in Chinese, sharpening your tools is the first step to doing a good job. It is also suitable for investment. Aside from outstanding investment skills, what distinguishes an excellent investor is the use of investment tools, as solid investment tools enable you to do more with less, make transactions easier, and optimize your profits. The most popular tool in the current crypto market is copy trading.

B. What is copy trading?

There are traders and copiers in copy trading. The copiers replicate the traders' trade, and the traders receive a profit share of 2%-30% from the copiers. This tool is best suited for newcomers to the cryptocurrency market who lack relevant investment experience and can easily become emotional in the volatile market. With copy trading, they don't have to operate manually or constantly monitor market trends; they may simply replicate the trading behaviors of the traders and automatically open and close positions with just one click. They profit when the traders' strategy is successful.

C. Why is copy trading necessary in September?

First, the FED's meetings will add to market volatility. In difficult times, ordinary users will face more challenges, and following the trade of the traders might be their chance to survive. Traders are experienced and familiar with diverse technical analysis methods, so they can make a better judgment of market trends. There are many successful cases of traders profiting despite poor market conditions!

Secondly, you can maximize your returns by following the trade of traders. There are two copy trade modes: free copy mode and full copy mode. When in full copying mode, you can exactly duplicate the traders' trading behaviors, right down to the specifications of their orders. As a result, you can make roughly the same profit as the traders did. Copy trading would also save you the time and effort of having to monitor the market and do your own analysis. Instead, the strategy will operate automatically with just one click. Furthermore, because traders are more sensitive to market changes, they can adapt their actions to maximize profits and minimize losses. With copy trading, you can manage your own assets by borrowing the traders' brains!

Last but not least, Gate.io has a strong traders' team made up of top talent from various cryptocurrency-related industries. Many of them have held senior management positions in large corporations or are doing so now. They not only have access to the necessary industry resources, but they also have in-depth knowledge of crypto transactions, macroeconomics, and even blockchain technology.

D. Borrow the wisdom of experts to survive the "black" September!

September will be difficult for crypto investors, especially those with little or no experience or who still lack a sophisticated trading method. Copy trading could make things easier for them! All Gate.io traders are evaluated and verified by the platform, with all of their past performances and historical orders traceable and available for review. You can even follow multiple traders simultaneously to increase your gains! Without having to comprehend the intricate market dynamics, copy trading enables you to make money effortlessly!

Author: Gate.io Observer: Quant Team.
* This article represents only the views of the observers and does not constitute any investment suggestions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.

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