Basheer_Algundubi
--
What is the "#SwingTrading " style in crypto? And does it suit you as an investor?
#معلومه_تفيدك_كمتداول
🔍 Quick Overview:
The "Swing Trading" style is considered one of the most popular short and medium-term investment strategies in the cryptocurrency market. It is based on the principle of capturing large price movements over days or weeks, rather than real-time monitoring as in "Scalping" or long waiting as in "HODLing".
📈 How does Swing Trading work?
Investors using this style buy a cryptocurrency at the beginning of an upward trend, then hold it for several days with the aim of selling at the peak of the movement. They rely on technical analysis tools such as:
RSI and MACD indicators
Moving Averages
Support and Resistance levels
Breakout patterns from volatility
✨ The distinctive feature of this style is that it does not require constant market monitoring, making it an ideal option for those who do not have the full time for day trading.
⚠️ Is it suitable for beginners?
Yes, provided they learn the basics and practice. It allows enough time to make decisions while providing the opportunity to achieve good profits without the pressure of daily trading.
📌 Important tips to get started:
Do not invest more than you can afford to lose
Always use stop-loss
Keep a record of trades to evaluate your performance
Start with strong coins such as: $BTC , $ETH , $SOL
#FOMCWatch #BinanceHODLerLA #SECETFApproval
#معلومه_تفيدك_كمتداول
🔍 Quick Overview:
The "Swing Trading" style is considered one of the most popular short and medium-term investment strategies in the cryptocurrency market. It is based on the principle of capturing large price movements over days or weeks, rather than real-time monitoring as in "Scalping" or long waiting as in "HODLing".
📈 How does Swing Trading work?
Investors using this style buy a cryptocurrency at the beginning of an upward trend, then hold it for several days with the aim of selling at the peak of the movement. They rely on technical analysis tools such as:
RSI and MACD indicators
Moving Averages
Support and Resistance levels
Breakout patterns from volatility
✨ The distinctive feature of this style is that it does not require constant market monitoring, making it an ideal option for those who do not have the full time for day trading.
⚠️ Is it suitable for beginners?
Yes, provided they learn the basics and practice. It allows enough time to make decisions while providing the opportunity to achieve good profits without the pressure of daily trading.
📌 Important tips to get started:
Do not invest more than you can afford to lose
Always use stop-loss
Keep a record of trades to evaluate your performance
Start with strong coins such as: $BTC , $ETH , $SOL
#FOMCWatch #BinanceHODLerLA #SECETFApproval
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
37
0