🔵 What is Trading?

Trading in simple terms means buying and selling financial assets like cryptocurrencies, stocks, or forex with the aim of making a profit. In the crypto world, trading usually involves buying a coin when the price is low and selling it when the price goes higher or doing the opposite if you're short-selling. The goal is always to buy at one price and sell at another, making profit from the difference.

Trading is different from investing. While investing is long-term and focused on holding assets for future growth, trading is more active and focused on taking advantage of price movements.

🔵 What is a Strategy?

A strategy is a clear and well-planned method or approach designed to achieve a specific goal. In trading, it refers to the plan or method a trader uses to decide:

📌 When to enter a trade

📌 When to exit a trade

📌 What assets to trade

📌 How much risk to take

⚠️ Without a strategy, trading becomes emotional and chaotic leading to more losses than gains.

🔵 What Are Trading Strategies?

Trading strategies are specific styles or systems traders use to approach the market. Each strategy has its own rules, risk level, and time commitment. The right trading strategy helps you manage your money, avoid emotional decisions, and trade with more confidence.

Some strategies are better suited for beginners, while others require more experience, time, and attention.

🔵 The following are 10 Trading Strategies You Can Pick From and Develop an Edge With:

1. Day Trading

📌 Buy and sell a cryptocurrency on the same day.

📌 Make profits from small price changes within the day.

📌 Close all trades before the market closes or the day ends.

📌 Requires full attention, speed, and constant chart monitoring.

2. Swing Trading

📌 Hold a crypto for a few days or weeks to catch bigger price moves.

📌 Less stress than day trading, no need to sit by charts all day.

📌 You analyze trends, news, and technical indicators to predict medium-term moves.

📌 Requires patience and a bit of fundamental research.

3. Scalping

📌 Make many small trades throughout the day aiming for tiny profits per trade.

📌 Each trade lasts seconds to a few minutes.

📌 Fast-paced, intense, and mentally demanding.

📌 Very risky for beginners, but rewarding if done right.

4.  Position Trading (HODLing)

📌 Long-term strategy: buy and hold for months or years.

📌 Focuses on big long-term growth, ignoring short-term fluctuations.

📌 Based on strong belief in the crypto's future (after research).

📌 Requires patience, not for emotional or panic sellers.

5. Trend Following

📌 “Go with the flow.” Buy when the market is trending up, sell when it’s going down.

📌 Use indicators like moving averages to confirm trend direction.

📌 The idea: “Don’t fight the trend.”

6. Range Trading

📌 Best used when a coin is moving sideways (not going up or down).

📌 Buy at the bottom of the range (support), sell at the top (resistance).

📌 Works well in calm markets.

📌 Requires good chart-reading skills and timing.

7. Arbitrage Trading

📌 Take advantage of price differences of a crypto across different exchanges.

📌 Buy cheap from Exchange A, sell high on Exchange B.

📌 Low risk but needs speed, low fees, and access to many platforms.

📌 Many use bots for this.

8. Copy Trading

📌 You copy the exact trades of expert traders manually or automatically.

📌 Good for beginners who want to learn while earning.

📌 You still need to choose who to follow wisely.

📌 Success depends on the person you're copying.

9. Bot Trading

📌 Use automated software (bots) to place trades 24/7.

📌 Bots follow pre-set rules or strategies.

📌 Great for those who can’t monitor the market all day.

📌 Best used with technical understanding.

10. News-Based Trading

📌 Trade based on news and events (partnerships, hacks, regulations, etc.).

📌 News can make prices rise or crash quickly.

📌 High reward but high risk.

📌 Requires staying informed and acting fast.

 Suggestions

If you're new to trading or too busy, start with HODLing or Copy Trading.

 If you like fast profits and are very active online, try Day Trading or Scalping.

If you're always up-to-date with trends and news, News-Based or Arbitrage Trading might be perfect for you.

🔵 The truth is no single strategy is best for everyone. You must pick what fits your lifestyle, risk level, and personality. The most important thing is to have a strategy, stick to it, and keep improving as you learn.

What works best for you?

Share in the comments 👇