Common Crypto Trading Strategies
Several strategies help traders navigate the crypto market. Day trading involves entering and exiting positions within a single day. Swing trading looks to profit from price swings over several days or weeks. Scalping is for quick profits from minor price changes, often using leverage. HODLing is long-term holding, betting on a coin's future growth. Traders also use techniques like trend following, breakout trading, and arbitrage. Choose a strategy based on your time commitment, knowledge, and risk tolerance. Test strategies with paper trading before investing real money.