+- Business, Investment, & Insurance Forum (https://investmentforums.net)
+-- Forum: Investment Forums (https://investmentforums.net/forumdisplay.php?fid=4)
+--- Forum: Trading (Stocks/Forex/Crypto) (https://investmentforums.net/forumdisplay.php?fid=18)
+--- Thread: How do you choose between a long-term and a shortterm cryptocurrency trading strategy (/showthread.php?tid=573)
How do you choose between a long-term and a shortterm cryptocurrency trading strategy - deucher - 12-26-2023
For example, I once did not have the patience to open a trade on an hourly timeframe and wait for the trade to close more than a day ago, I analyzed only 5 and 10 timeframes to open a trade for an hour and no more. But over time, I realized that the price is more understandable when investing for a long period, even more than for a day. Now my trades last 12-15 hours on average and at the same time I have increased the percentage of profitable trades. Although sometimes I can gamble on smaller timeframes to make quick easy money.