#TradingTypes101
In the world of crypto trading, there are different styles, each with its own strategies and risks. The most common are: day trading, swing trading, scalping, and HODLing.
The day trader opens and closes positions on the same day to take advantage of short-term volatility.
The scalper operates on very short timeframes (even minutes!) seeking small frequent gains.
The swing trader holds positions for days or weeks, based on technical analysis.
The HODLer, on the other hand, buys and holds long-term, betting on solid projects.
Which style is right for you? It depends on your time, risk tolerance, and goals. Before you start, study each approach thoroughly!