What is bitcoin day trading?

Scalpers use large amounts of liquidity to capitalize on minor price movements. This Bitcoin day trading strategy can include buying and selling Bitcoin over a few hours and earning small percentage gains at the end of the day—or setting up a bot for high-intensity and frequent trades based on signals or technical indicators.

What is altcoin trading?

Altcoin trading is the act of trading alternative cryptocurrencies, or altcoins, for other cryptocurrencies or for fiat currencies. Altcoins are any cryptocurrencies other than Bitcoin, and there are thousands of them available on the market today.

Why do crypto day traders prefer range trading?

Crypto day traders favor range trading for its clearly defined entry and exit points, which can minimize losses. By making small profits over a short period of time, the range trader minimizes losses incurred by unfavorable news cycles or market conditions.

How do day traders make money?

Day traders can make profits from both short and long trades in any currency pair and other assets such as cryptocurrencies. MT4 Indicators: alternative-ichimoku.ex4 (Colors Modified; #4=Yellow, #5=Lime, Colors Width Modified; #4=2), alligator-signal-indicator.ex4 (Default Setting), MACD.ex4 (Default Setting)