short term trading
In cryptocurrency, short term refers to holding or trading an asset over a brief period, typically ranging from a few minutes to a few days or weeks.
⏱️ Short-Term Trading Characteristics:
Timeframe: Minutes to a few weeks
Goal: Quick profits from price swings
Common strategies: Day trading, scalping, swing trading
Risk: Higher due to market volatility
Tools used: Technical analysis, chart patterns, indicators (like RSI, MACD)
Example:
If a trader buys a coin today expecting to sell it within a week for profit, that’s short-term trading.
In contrast, long-term investing often means holding for months or years.