#TradingTypes101: Find Your Fit!$BTC
TradingTypes101: Find Your Fit! 🧩
New to crypto trading? Understanding core styles is key:
1. **Day Trading:** Fast-paced! Open & close positions *within a single day*. Capitalizes on short-term volatility. Requires constant attention. ⚡
2. **Swing Trading:** Holds positions for *days or weeks*. Aims to capture "swings" in price momentum. Less intense than day trading. 🌊
3. **Position Trading:** Long-term focus (months/years). Based on deep fundamental analysis of a project's potential. "Buy and hold" strategy. 🏔️
4. **Scalping:** Ultra-short term! Tiny profits, many times a day. Needs precision, speed, and low fees. ⏱️
**Which style fits YOUR risk tolerance & time?**
#Crypto #Trading #Binance #LearnCrypto