#StrategicTrading

🔥 The Best Strategies for Cryptocurrency 🔥

Three main principles of cryptocurrency trading are highlighted.

1. - Buy and Hold. This strategy is more about investing than trading. People buy assets and hold them for the long term. Enthusiasts of this strategy try to predict prices for several months ahead and track charts throughout this time. The basis of this strategy lies in fundamental analysis.

2. - Swing Trading. This strategy involves using corrections during the formation of a trend. That is, a trader needs to open a trade within the trend at the moment of correction. Swing trading implies the need to adapt to the trend.

3. - Day Trading. The name of this strategy speaks for itself. It involves trading on the exchange within a single trading session during the day. Positions opened on a certain day are not carried over to the next day and another session.

4. - Scalping. This is high-speed trading with a large number of transactions. A trader opens positions and closes them within 1-15 minutes. Ideally, each trade brings a small profit.