What is Scalping?
-Scalping is a cryptocurrency trading strategy where traders seek to generate profits by making numerous trades within a short timeframe. This approach leverages minor price movements, with positions often held for just seconds or minutes.
The primary objective of scalping is to amass several small gains, which collectively result in significant overall profit. By repeatedly executing quick trades, scalpers aim to take advantage of the constant price fluctuations in the crypto market.
This strategy requires keen attention to market trends and swift decision-making, as the window of opportunity is often very brief. Scalping can be highly effective for those who master its techniques, turning small, frequent profits into substantial returns over time.