#TradingTypes101

📚 Understanding Different Types of Trading Strategies

When entering the crypto space, it's crucial to understand the different trading types to find what suits your goals and risk tolerance.

1. Scalping – This involves making multiple small trades within short time frames, often minutes. Scalpers rely on high liquidity and rapid price movements. It demands quick decision-making and constant market monitoring.

2. Day Trading – Positions are opened and closed within a single day. Traders analyze charts and news to capitalize on intraday trends. It's less intense than scalping but still requires discipline and a solid strategy.

3. Swing Trading – Swing traders hold assets for days or weeks, capturing medium-term price movements. It’s a balance between short-term reaction and long-term patience.

4. Position Trading – This long-term strategy involves holding assets for months or even years, based on fundamental analysis. It suits those who believe in the long-term growth of projects.

Each type requires different skills and time commitments. Know yourself, learn the risks, and choose wisely. 🧠💹