Summary of Trading Types in the Crypto Market:
Types of Trading in Crypto
* Buy and Hold (HODL): Buying coins and holding them for a long period with the aim of profiting from significant price increases.
* Day Trading: Opening and closing trades on the same day to take advantage of daily price fluctuations.
* Swing Trading: Holding trades for days or weeks to benefit from larger price "swings."
* Scalping: Very quick trades (minutes/seconds) to achieve small, repeated profits.
* Range Trading: Buying at support and selling at resistance within a specific price range.
* Arbitrage: Exploiting price differences for the same currency between different exchanges.
