#TradingTypes101 What types of traders are there in crypto?
1️⃣ Scalpers — trade every minute. They quickly enter and exit positions, earning on micro-movements. Maximum attention and technical analysis are required.
2️⃣ Day traders — open trades within one day. They avoid overnight risk, focusing on daily volatility.
3️⃣ Swing traders — hold positions from several days to weeks. They use technical analysis and news to catch the "waves" of the trend.
4️⃣ HODLers — invest for the long term. They ignore short-term volatility and believe in the growth of assets over the years.