#TradingTypes101 ---
📘 #TradingTypes101 – Types of Trading in Cryptocurrency, and Which One is Right for You?
In the crypto world, choosing the right type of trading can make a significant difference between profit and loss. Here are the most popular types of trading:
🔹 Day Trading: Opening and closing positions within the same day. Suitable for professionals who monitor the market moment by moment. Requires precise technical analysis and quick decision-making.
🔹 Scalping: Executing dozens of trades in a day to achieve small but repetitive profits. Relies on high liquidity and strong volatility.
🔹 Swing Trading: Holding positions from days to weeks. Suitable for those who prefer to analyze trends and take advantage of medium market movements.
🔹 Long-term Investment (HODLing): Buying cryptocurrencies and holding them for months or years, relying on fundamental analysis and choosing strong projects.
✅ Golden Tip: Don’t forget risk management! No matter what type of trading you engage in, use stop-loss orders and don’t risk more than 5% of your capital on a single trade.
📊 Try out more than one type of trading on a demo account or with small amounts, and discover what suits you!