Brief Introduction of Scalp Trading and Long-Term Trading

in Tron Fan Club6 months ago

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Assalam-o-Alaikum Steemians !


I'm @moneyster, a professional level Cryptocurrency investor and an analyzer. As usual, today I thought to share another Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community

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General Idea of Scalp Trading in Cryptocurrencies

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We all know that all of these cryptocurrencies are highly volatile as we compare them with other digital currencies such as fiat money. However, there is another party in this industry who is taking advantage from this high volatility.

In fact, traders have the ability to trade cryptocurrencies during both bull and bear markets. So, in this strategy, we can Trade cryptocurrencies for a very short time period. When the price movement goes down or up for a single line, traders are taking advantage from this small trade with a high value of amount.

However, here the risk is very high as we compare it with long-term Trading and the reward is also very high. Here the most interesting thing is that the time period is very low and the profit is very high.

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General Idea of Long-Term Trading in Cryptocurrencies

Long-term trading is a quite low-risk trading method when we compare it with scalp trading. Because, here we don't need to sell our coins or tokens too quickly as we try to buy those coins or tokens for a long time period. This can be one week. 2 weeks or more than 1 month.

Here we don't need to create a stop-loss mark as we have those coins or tokens in our wallet. Therefore, we have the ability to sell them as per our desire. However, the reward can be quite low as we compare it with a specific time period and scalp trading.


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What are the Main advantages & Disadvantages of this Scalp & Long Term Tradings

When we talk about the advantages of Scalp Trading, it is a quite profitable method for people who need profits daily or in a short time period. However, we can take the risk of this scalp trading as a disadvantage of this trading method.

At the same time when we talk about Long-term Trading, it is a very low-risk trading method in cryptocurrency trading. Additionally, here we have the ability to keep actual coins or tokens in our digital wallet. However, here we can't make much profit as we are already taking a lot of time to earn this profit.


At the same time, as I said in my previous article, we should remember that all the indicators and strategies are not efficient completely as nothing we can find 100% efficient in the world. So, we should depend only on these strategies and indicators to confirm our trading opportunities.

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I have studied the below-sourced articles to study these topics further, and I have explained all the above facts in my own words and experience.


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 6 months ago 

People earn a lot of money through trading butbits important to learn it well and then implement. There is always a possibility to loose funds but with certain strategies thia can be minimised

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Thank you very much for bringing your idea here. Much appreciated.

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