What is day trading crypto?

Day Trading Cryptocurrency: What is Day Trading? When people talk about trading, they are referring to buying and selling an asset with the aim of making a profit. For example, in real-world stock exchanges, people trade all kinds of things.

What is a crypto trading strategy?

A crypto trading strategy is an established method of planning and making trades that you follow. Trading strategies typically set out specifications for which trades to make, when to make them, when to exit them, and how much capital you should risk on each position.

What is daytrading and how does it work?

Developing new trading strategies takes a lot of time, and doing trading styles like daytrading means that you spend most of your time trading, leaving you with very little time to test and find new trading strategies. With the daily timeframe, you could spend as little as 15 minutes on your trading each day.

Where can I learn to trade crypto?

For example, Binance has an excellent crypto academy, whilst BitMEX offers a trading community via social media platforms and scalping forums, including Telegram and Reddit. If you prefer non-digital resources, there is also crypto and scalping books that you can order online.