Here’s a quick breakdown of common #TradingStyle you can use on #Binance
1. Day Trading
- Buy and sell within the same day
- Take advantage of small price movements
- Requires constant monitoring
2. Swing Trading
- Hold positions for several days to weeks
- Trade based on trends and momentum
- Less time-consuming than day trading
3. Scalping
- Make many small trades in minutes or seconds
- Capture tiny price changes
- Needs quick decisions and low fees
4. Position Trading
- Long term holding (weeks, months, or even years)
- Based on fundamental analysis and big market moves
- Less stress, less active monitoring
5. HODLing
- Buy and hold regardless of short-term price changes
- Popular with crypto investors believing in long-term growth