A Beginner's Guide to Swing Trading Crypto

by MD Tanjib Forex Trading Author

If you're looking to get started in the world of cryptocurrency trading, swing trading crypto might be the perfect strategy for you. Unlike day trading or scalping, which involve holding positions for a very short period of time, swing trading takes a more medium-term approach, aiming to profit from larger price swings over a period of days or weeks.

In this beginner's guide to swing trading crypto, we'll cover everything you need to know to get started, including how to find profitable trades, manage your risk, and exit your positions. By the end of this guide, you'll be well on your way to becoming a successful swing trader!

What is swing trading and why should you do it

Swing trading is a type of trading that involves holding a position for a period of time, generally overnight or longer, in an attempt to profit from price swings. A key feature of swing trading is that it seeks to benefit from both the upswings and downswings in prices.

The cryptocurrency market is known for its volatility, which can provide opportunities for swing traders to profit. In order to swing trade cryptocurrency successfully, it is important to have a solid understanding of the market and how it works.

Cryptocurrency trading is still a relatively new phenomenon, and as such, there is a lot of misinformation out there. This beginner’s guide to swing trading cryptocurrency will provide you with a solid foundation on which to begin your swing trading journey.

How to find the right coins to trade

When it comes to, swing trading cryptocurrency the most important thing you need to do is find the right coins to trade. There are a few different factors you need to consider when doing this. 

First, you must ensure that the coin is volatile enough to provide you with good trading opportunities. Second, you need to make sure that the coin is widely traded on exchanges so that you'll be able to easily buy and sell it. And finally, you need to make sure that the coin has a good trading history so that you can analyze its price movements and make informed decisions about when to buy and sell.

To find volatile coins, you can use a cryptocurrency tracking website like On this website, you can view the coins with the highest 24-hour trading volume. This is a good indicator of how volatile a coin is and how much trading activity is going on.

Once you've found a few coins that look promising, the next step is to research their trading history. You can do this by looking at their price charts on a website like Here, you can see how the price has fluctuated over time and get a better idea of how volatile the coin is.

If you're swing trading cryptocurrency, it's important to find the right coins to trade. Look for coins that are volatile and widely traded on exchanges. Also, be sure to research their trading history so that you can make informed decisions about when to buy and sell.

The basics of swing trading cryptocurrencies

Swing trading is a type of investing that attempts to capture short-term gains in a stock or other security. This strategy can be used in any market, but is often applied to stocks, forex, or commodities. 

A swing trader typically holds a position for several days or even weeks, and looks for opportunities to capitalize on short-term price changes.

There are a few things to keep in mind if you're interested in swing trading cryptocurrencies. 

First, it's important to have a solid understanding of the market and how it works. 

Second, you'll need to identify potential entry and exit points for your trades. 

And finally, you'll need to be comfortable with some risk, as all investments carry a certain amount of risk.

If you're new to the world of cryptocurrency, swing trading may seem like a daunting task. However, with a little research and practice, it can be a great way to make some profits in the market. Here's a beginner's guide to swing trading cryptocurrencies.

When swing trading, you're looking to take advantage of short-term price changes in the market. This means that you'll need to be comfortable with some volatility and risk. However, if you can find a good entry point and exit point for your trade, swing trading can be a great way to make some profits.

Trading strategies for swing traders

One of the most important things to know as a swing trader is how to find good entry and exit points for your trades. There are a few different ways to do this, and the best method will vary depending on the market conditions. However, some general tips include looking for price patterns or breakout points, using support and resistance levels, and using indicators like moving averages.

Once you've found a good entry point, you'll need to decide how long you want to hold the position for. This will again depend on the market conditions, but as a general rule, you should aim to hold a swing trade for at least a few days.

The risks and rewards of swing trading cryptos

The biggest risk in swing trading is that of missing out on a big move. It is not uncommon for prices to move 10-20% in a day, and if you are not in the market when this happens, you will miss out on the opportunity to make a profit.

However, there are also potential rewards to swing trading. If you are able to correctly predict a big move, you can make a significant profit. Swing trading is also a good way to get exposure to the crypto market without having to tie up a lot of capital.

If you are thinking about swing trading cryptos, it is important to do your research and understand the risks and rewards involved.


Swing trading cryptos can be a great way to make profits while getting exposure to the crypto market. However, it is important to understand the risks and rewards involved before entering into any trades. Swing trading is not for everyone, but if you are willing to put in the research, it can be a profitable endeavor.

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About MD Tanjib Advanced     Forex Trading Author

97 connections, 5 recommendations, 414 honor points.
Joined APSense since, January 18th, 2021, From khulna, Bangladesh.

Created on Sep 28th 2022 04:29. Viewed 100 times.


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