Swing trading is a strategy based on price fluctuations in a trend, in which we try to make the most of volatility, opening long and short positions based on the direction of the market. Even if it is a strategy that offers greater possibilities of profit, it is difficult to operate by accurately identifying the maximum and minimum price levels, because there are always inverse market movements, which signal the arrival of a new swing. Box Mining guides you in these matters.
As with trend trading, this strategy requires a good knowledge of the technical indicators and the factors that influence the markets.
Position trading involves maintaining positions for a long term period (weeks, months or even years). For this reason, the volume of trading operations related to this strategy will be significantly lower than the others. From Box Mining you will get all the supports and suggestions regarding all these.
If you intend to invest in a long term on a cryptocurrency, you need to evaluate well the characteristics of the chosen market, for example by studying the type of technology, the rates of currency issuance and taking into account the main competitors.