Crypto trading involves buying and selling cryptocurrencies on online exchanges. Traders aim to profit from market fluctuations, using various strategies such as:
- *Day Trading*: Frequent buying and selling within a single day to capitalize on short-term price movements.
- *Swing Trading*: Holding positions for several days or weeks to ride market trends.
- *Scalping*: Making multiple small trades to take advantage of minor price fluctuations.
- *Long-Term Investing*: Holding onto cryptocurrencies for extended periods, anticipating long-term growth.
Traders use technical analysis, chart patterns, and indicators to make informed decisions. Risk management is crucial, as crypto markets can be highly volatile [2][5]. my portfolio mix. Follow to see how I invest!