#TradingTypes101 In the fascinating world of cryptocurrency trading, there are various strategies and types of trading that adapt to different personalities and investment goals. Knowing them is essential to defining your own path. Among the most common, we find day trading, which involves opening and closing positions on the same day, seeking to benefit from short-term price fluctuations. It requires constant monitoring and quick decision-making. On the other hand, swing trading aims to capture larger price movements that can last days or weeks, using technical analysis to identify entry and exit points. For long-term investors, position trading or HODL (Hold On for Dear Life) investment is the choice, holding assets for months or even years, based on the fundamentals of the project. There is also scalping, which consists of making multiple very quick trades to obtain small profits. Each type has its risks and rewards, and the key is to find the one that best suits your risk tolerance, available time, and market knowledge.
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