B59 T MANI CHANDRANov 27, 2021 · 3 years ago1 answers Which trading strategy, position trading or swing trading, is more profitable for cryptocurrency investors?
When it comes to cryptocurrency trading, investors often wonder which trading strategy, position trading or swing trading, is more profitable. Position trading involves holding onto a cryptocurrency for an extended period, usually weeks or months, with the expectation of significant price movements. On the other hand, swing trading focuses on taking advantage of short-term price fluctuations, typically holding a position for a few days to a few weeks. Which of these two strategies tends to yield higher profits for cryptocurrency investors?