Crypto Swing Trading Summary (C1): Fundamentals

Buy Crypto Swing Trading here: https://amzn.to/3ZFEqVz

Swing trading crypto can consume you.

Once you get the bug, you will always be on the lookout for those medium-term price fluctuations where you can extract a tidy profit.

Of course, you need to put in the time to learn the skills. If not, you may be left with nothing.

Swing traders look at time frames from days to weeks and sometimes months if there are strong trends.

For crypto swing trading, the aim is to capitalize on the swings between support (the low) and resistance (the high) levels.

To do this you must learn to understand the rhythm of the market so you can enter and exit trades at the right times.

The concept of buying low and selling high is easy to understand, but putting it into action is not as straightforward.

Trades will not always go as you predict.

A proper risk management strategy that you stick to religiously will save you from getting wiped out when things don’t go as planned.

No one can predict what the market will do.

This is true for the traditional market, and is amplified in crypto.

Something as simple as an off-the-cuff tweet from an influencer may cause a crypto coin to skyrocket or plummet.

In addition, the world of crypto is still young and things are constantly changing with new technology, regulations coming and going, and a plethora of scams.

To combat all of the uncertainty, being able to hold your ground and stick to your strategy is vital.

There is no one-size-fits-all strategy in trading. Different strategies suit different people. Your job is to find a strategy that works for you.

A sound trading and risk management strategy combined with the psychological fortitude to resist making rash decisions due to fear or greed is what will keep you in the game for the long run.

Read the next chapter here.

Buy Crypto Swing Trading here: https://amzn.to/3ZFEqVz