There are several types of trading in cryptocurrencies, which vary according to the trader's strategy, time duration, and the type of analysis used. Here are the most prominent types:
---
1. Day Trading
Time Duration: Opening and closing trades on the same day.
Goal: To benefit from short price movements.
Requirement: Continuous market monitoring and quick analysis.
Risk: Medium to high.
---
2. Swing Trading
Time Duration: From days to weeks.
Goal: To exploit medium price movements.
Method: Often relies on technical analysis.
Risk: Medium.
---
3. Scalping
Time Duration: Seconds to minutes.
Goal: To achieve small profits from minor price movements but with a large number of trades.
Method: Requires speed and immediate execution.
Requirement: Fast platforms and low fees.
Risk: Very high.
---
4. HODLing
Time Duration: Months to years.
Goal: To buy coins and hold them in hopes of a significant rise in the future.
Suitable for: Beginners or those who do not wish to monitor daily.
Risk: Relatively lower, but depends on the quality of the chosen coin.
---
5. Futures Trading
Goal: Speculating on the price of a specific asset without owning it.
Includes: Using leverage.
Risk: Very high, as you can lose more than your capital.
