Actually in general your trading strategy is quite good, but I have corrected a little. If the price drops 1% you sell it seems too fast for me,
because crypto prices are volatile. So sometimes down 1% keeps going up again, my suggestion is to try to increase it to 3% -5% to set a stop-loss.
Then buying coins when it rises 1% is not wrong, usually it will go even higher. But it can be more optimal when the price drops above 5% -10%,
this is the right time to buy. So when the price goes up, the resulting profit should be much greater.
Most people will be panic if the price is down by 1%, so they sell it as fast as they can. They can not see another decrease in the value of their money, and they think that fast selling can help them buy back the coin at a low price. But they can make a wrong analysis because the price will not always get down too deep after the price is down by just 1%. Having a calm down will be important in that time, so we can analyze more to find out the other signal.