CLASS 3 - What are the types of trades in the crypto world? DAY TRADE, SWING TRADE and POSITION TRADE
If you think that entering the cryptocurrency market is just about buying Bitcoin and hoping to become a millionaire, I have news for you: things are a little more complex. There are different trading styles in the crypto universe, and each of them requires a different approach. Let's talk about the three main ones:
1. Day Trade ā The ācrypto ninjaā
The idea here is to buy and sell assets on the same day, taking advantage of rapid market fluctuations. In the crypto world, this is even more intense, because prices can change drastically in a matter of minutes. The goal? Buy low and sell high as quickly as possible.