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Buy Crypto Swing Trading here: https://amzn.to/3ZFEqVz
Swing trading crypto is the traders’ equivalent of being on a rollercoaster.
Unlike common stocks, the crypto market never sleeps.
This forever-open market combined with the variety of crypto assets out there, means you can always find something to trade no matter what time of day it is.
Additionally, crypto is a lot more volatile than the common stock market. Large percentage swings in a short time frame are not uncommon. This allows for larger gains, but also larger losses.
Day trading is very fast-paced buy and sell with all positions closing at the end of the day.
On the other end of the spectrum there is long term investing, which is buy and hold for months, years, or even decades.
Swing trading falls in between these two extremes. A swing trade can last from days to weeks or possibly months.
The general idea of swing trading is to hold a position just long enough to benefit from price swings.
When people hear the word crypto, they often think it is a way to get rich quick, or possibly a good way to get poor quick.
This is not that.
Swing trading crypto is a skillset that you need to spend time mastering in order to be consistently profitable.
In this book you will learn fundamental skill sets that all swing traders must know as well as techniques used to profit while swing trading crypto.
Skills you will learn include:
Technical analysis: How to interpret charts and recognize trends.
Fundamental analysis: Studying a coin’s underlying technology and market news.
Risk management: Ensuring you don’t get wiped out when things don’t go as you predict.
Market adaptability: What works today may not work tomorrow.
Emotional resilience: Managing your emotions and sticking to your strategy is what will keep you in the game for the long term.
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