#TradingTypes101 ๐ Crypto Trading Types 101 ๐น
1. Day Trading โฐ
Buy and sell crypto within the same day. Fast-paced, perfect for active traders watching charts closely.
2. Swing Trading ๐
Hold trades for days or weeks to catch medium-term price swings. Less stress than day trading, but still time-sensitive.
3. Scalping โก
Make multiple small profits throughout the day by trading short-term price moves. High speed, high skill!
4. Position Trading / HODLing ๐ก๏ธ
Buy and hold for months or years based on long-term trends and fundamentals. Ideal for patient investors.
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๐กTip: Choose a trading style that fits your lifestyle, risk level, and time commitment.
๐ No matter the type, always use risk management and research before you trade!