đ 1. Types of Crypto Trading Strategies
A. Day Trading
⢠Timeframe: Minutes to hours.
⢠Goal: Profit from intraday volatility.
⢠Tools: Candlestick patterns, volume spikes, RSI, MACD, Bollinger Bands.
⢠Tip: Look for high liquidity coins (e.g., BTC, ETH, SOL).
B. Swing Trading
⢠Timeframe: Days to weeks.
⢠Goal: Capture medium-term trends.
⢠Tools: Trend lines, moving averages, Fibonacci retracement.
⢠Tip: Identify strong market structure changes and confirmation on higher timeframes.
C. Scalping
⢠Timeframe: Seconds to minutes.
⢠Goal: Profit from small price movements.
⢠Tools: Order books, low timeframes (e.g., 1m or 5m), tight stop-loss.
⢠Tip: Requires low fees and fast executionâbest on centralized exchanges.
D. Position Trading (Long-term HODLing)
⢠Timeframe: Months to years.
⢠Goal: Profit from major trend cycles.
⢠Tools: Fundamental analysis, on-chain metrics, macro indicators.
⢠Tip: Best for top-tier coins with strong use cases.