Scalping is a cryptocurrency trading strategy where traders aim to profit by making numerous trades within a short period. This method takes advantage of minor price movements, with positions typically held for only seconds or minutes.
The main goal of scalping is to accumulate several small profits that add up to a significant overall gain. By frequently executing rapid trades, scalpers capitalize on the constant price fluctuations in the crypto market.
This strategy demands close attention to market trends and quick decision-making, as opportunities can be fleeting. When mastered, scalping can be a highly effective way to generate substantial returns through small, consistent profits.
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