A: That depends on what coin we’re trading and what pattern we’re tracking. For example, some smaller coins tend to experience explosive price movements in short periods of time – we’re talking 24-48 hours.
Some trades will take more time to develop in our favor.
With some larger, more established coins, we might execute a trade based on a daily pattern, buying low in the morning and selling high in the evening, making as much as 1,000% in just a couple of hours!
In short, the duration of our trades can range anywhere from a few hours, to a few weeks, to a few months.
So be ready for anything.
Category:
Microcurrency Trader