1. Day Trading
Characteristics: Open and close positions within one day (do not hold overnight).
Objective: Take advantage of daily price fluctuations.
Needs: Strong technical analysis and real-time market monitoring.
2. Scalping
Characteristics: Very fast trading, open-close positions in minutes or even seconds.
Objective: Make small profits repeatedly.
Needs: Small spreads, high volume, and quick reactions.
3. Swing Trading
Characteristics: Hold positions from several days to weeks.
Objective: Take advantage of medium-term price "swings."
Suitable for: Traders who cannot monitor the market all the time but remain active.
4. Position Trading (Trend Following)
Characteristics: Hold positions for weeks to months.
Objective: Take advantage of major trends in the market.
Needs: Confidence in long-term fundamental/technical analysis.
5. HODLing (Long-Term Investing)
Characteristics: Buy and hold cryptocurrency assets for years.
Objective: Believe in long-term growth.
Suitable for: Passive investors or those who believe in specific technology/projects.
6. Copy Trading / Social Trading
Characteristics: Copy trading strategies from professional traders.
Objective: Leverage others' expertise without doing your own analysis.
Platforms: Examples include eToro, Bybit Copy Trade, etc.
7. Algorithmic Trading / Bot Trading
Characteristics: Use bots or automated algorithms for trading.
Objective: Trade 24/7 based on predetermined parameters.
Needs: Technical knowledge or subscription to a trusted bot.
8. Arbitrage Trading
Characteristics: Buy assets in one market and sell in another to take advantage of price differences.
Example: BTC price on Binance is lower than on KuCoin.
Needs: High speed and low transaction costs.