Today everyone is looking for new ways to invest, some are investing in mutual funds, some in stock market and some in SIP.One such new plan is crypto trading or investment. The crypto market is growing rapidly. And this is becoming a good investment option. The thing to note here is that the price of crypto fluctuates a lot, so this is a risky investment plan. But if you book from a good BUY point and hold it in the long term, like we talk about Bitcoin, the price of Bitcoin fluctuates a lot. If we hold Bitcoin in the long term, it only gives us benefits.
Let us now talk about some main crypto trading strategies:, INTRADAY TRADING: Intraday trading is in the form of daily trading, here we exit the market after making daily profit.
SWING TRADE: Swing trade takes 2-4 days. In this we can make short or profit in 2 or 3 days. In swing trading we can make profit in 1 or 2 days.
Long Term Trading: Long term trading is that trading which we can hold for a long time. In this we get profit in the long run.
Conclusion
Crypto investment is a risky investment, if we do it properly then we can make a lot of profit. If you work properly without overdoing it, you can earn a good profit.
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