Crypto coins, which have rapidly grown their share in the market in the last few years and have become the center of attention, provide various opportunities for the buying and selling process of their new users.
We can talk about the existence of two parties on the platforms where the purchase and sale process takes place. The first of these is divided into two as the side that wants to sell the crypto money in its hands for the maximum price of money and the other side is the side that wants to buy the maximum crypto money with the money in its hand. It should not be forgotten that we can easily say that we are getting closer to maximum profitability, especially when the buying and selling power is supported by information.
Initially, users enter their orders into the order boards and the orders take their place on the buy or sell side according to the type. Those who tend to buy enter orders at the prices they agree to, taking their places in line to encounter acceptable orders that are readily available for sale on the other side of the board. It should be mentioned again that if the orders on the sell side are insufficient on the buy side, it is naturally possible that the new prices to be determined by the sellers will show an upward change in asset prices.
Users can take short- and long-term positions in the process of buying and selling a valuable asset. In the long position type, it is to gain by increasing the price of the asset over time without disposing of the owned asset in a short time. In the short position type, it is to buy the asset you have acquired again by taking advantage of the decrease in prices and to make a profit by trading from the short-term price change.
Daily Trading
As the name suggests, it is known as the completion of the buying and selling process during the day. However, it is a method used to shorten the time it takes to obtain earnings and to minimize the negative impact of market changes. However, it should not be forgotten that trading only on short-term trends can lead to serious losses in a short time and bring stress.
Floating Trading
What distinguishes this type of trading from the daily is that it covers both the 30-day period and the management of short-term as well as medium-term trends. By spreading the time during which the purchase and sale takes place over 30 days, it will reduce risk as well as stress. And long-term decisions will be made. For this, it is necessary to maintain discipline as well as the necessity of good research.
Position-Based Trading
In this type, trading takes place in the long term. As the buying and selling spreads over time, the risk and stress are further reduced and it becomes easier to learn. Minor errors can be compensated. It is easier to predict general trends in the market. Long-term engagement can lead to alternative opportunity costs. It is not possible to make short-term gains in this type. But the long-term payoff is more realistic.
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