Web3 gaming is a multibillion dollar industry with millions of players worldwide. Its games come in a variety of styles. Learn more here.

 has transformed its role from that of a cutting-edge financial investment to become a part of everyday life. While 

 concepts are used for a multitude of practical services, they're also a fantastic source of entertainment. Gaming is currently one of the biggest applications of web3 design. By adding blockchain features to gaming experiences, developers have been able to make games even more exciting and meaningful. Explore this guide to see why web3 gaming is so popular. 

Web3 gaming is a multibillion dollar industry with millions of players across the globe. Its games come in a variety of styles, ranging from first-person shooters to puzzle games. The main commonality among all of these games is the use of blockchain technology, such as in-game cryptos and 

“Web3 gaming” might sound pretty high-tech, but it's actually surprisingly simple. Web3 games are just standard games that incorporate blockchain technology into their designs. 

The majority of web3 games rely on two basic structures: half of each game is a standard video design that uses coding, software and hardware to create a system in which users input instructions and receive a gaming experience. The component that differentiates web3 gaming from other gaming is that of its blockchain technology. While designing their games, web3 developers also connect their systems to a blockchain, setting up multiple 

 that trigger when certain in-game actions occur. This design allows web3 games to include all sorts of blockchain mechanics. The following are a few examples:

Web3 gaming is an incredibly broad industry. Some web3 games are simple mobile apps where you tap a single button, while others are complex worlds that require hours of practice to understand. To get a good understanding of the web3 gaming landscape, it's useful to take a look at some of the most common types of games.

 gaming or DeFi gaming, investment gaming emerged as the first generation of web3 games, essentially a gamified version of standard crypto investment, with features such as 

 focus primarily on making money, but they use a game-based interface to make the process more entertaining.

 or P2E games) gamify standard behaviors. Users might tap a button or take a walk in real life, and then their action mines cryptocurrency that’s directly deposited in the player's wallet. Ever since the earliest 

, this has been one of the most popular forms of web3 gaming.

The modern generation of web3 game development is moving away from repetitive, crypto-focused designs and instead attempting to copy strategies from the traditional gaming industry. Competition-based games involve players battling each other. Though players can earn digital assets, the main goal is simply to compete with each other. Game options like 

 mimic first-person shooter competitions, while styles such as 

 gaming. This style of gaming prioritizes socializing with other gamers and building a community. Options like 

 create complex worlds in which players can create a character to role-play and interact with other characters.

The unique technology behind web3 gaming allows this industry to offer players key features they can't find anywhere else. Depending upon the game you choose, you may be able to enjoy many different fantastic game components.

For many players, the big appeal of web3 gaming is that digital assets have actual value. Using blockchain technology for in-game currency and items allows players to trade their assets both within and outside of the game. This allows the market to assign their assets a value, and players can choose to convert their items into other types of currency if they wish to.

Multiple games in the web3 space operate under the principle of decentralization. Instead of having one company run the entire system, the game is run as a collective of players and developers. Blockchain technology allows players to vote on various decisions, such as what mechanics to add to the game or what the price of an object should be. 

The majority of web3 games emphasize player ownership of in-game items. Users have direct control over the things they earn and create within the game. Not only can players buy and sell their possessions as they wish, but they can choose how to use or upgrade their digital assets.

Virtual Reality and Artificial Intelligence

Web 2.0 gaming is at the forefront of gaming design. Though virtual reality, augmented reality and artificial intelligence technology aren’t a requirement for web3 gaming, they’re far more common within the gaming sector. Many games hope to use these technologies to offer the most immersive and detailed experiences possible.

All the unique features of web3 gaming make it a particularly useful type of gaming universe. Compared to traditional games, web3 games have many special advantages.

Blockchain technology is a highly useful tool for game developers. For example, it makes it a lot simpler to manage things like player rewards and land generation, giving developers more options when designing their games. Web3 gaming systems also have the ability to run online, seamlessly interacting with a variety of 

 products and blockchain tools. Ultimately, this means that the web3 gaming community has some truly unique games that couldn't flourish with standard technology. 

Web3 ecosystems streamline the process of making a profit from games. Since it's so easy to transfer and trade assets, players can more easily convert their gaming skills into cash. Not every player may make millions, but web3 games come with many opportunities to earn money.

Since web3 games often run on principles of decentralization and transparency, they're often an ideal way to safeguard players' rights. Players usually retain control of their own data and don't have to worry about their hard-earned assets being taken away from them. Furthermore, web3 games typically value and respect the input of their communities. Blockchain technology makes it easy to ensure that community members are involved in every step of game production.

Web3 games are known for their capability to offer an immersive and seamless gaming experience. In-game transactions and crafting are directly linked to real blockchain assets, so gamers can feel particularly connected to their games. Instead of having all gaming experiences take place within a specific program, gaming experiences have real-world ramifications that can be explored through multiple blockchains and online communities. 

Though web3 gaming has many benefits, it's not always a perfect ecosystem. Here are some of the issues that web3 gamers may encounter. 

Web3 games operate with some nontraditional technology, so they can be quite confusing. Instead of simply downloading an app or launching a website, users might need to do things like 

. This adds an extra layer of complexity that may make it hard for web3 games to onboard new users.

While web3 games have the potential to offer an immersive experience, it's not a requirement. The focus on investing and profitability has led to some criticism from the gaming community. There are quite a few projects designed simply to make money, and these often struggle to engage players. Many gamers complain about web3 games with overly repetitive mechanics, cheap artwork or bland storylines. It can take some time for gamers to sort through the vast amount of web3 projects and find games that are fun to play for hours at a time. 

Both web3 gaming and traditional gaming hope to appeal to the same user base. Both styles of gaming endeavor to entertain people by appealing to their competitive and creative instincts. There’s quite a bit of overlap in the styles of games being released, and the same developers and gaming studios are working in both traditional and DeFi spaces.

However, unlike traditional games, web3 games can take advantage of newer technology. This style of gaming offers many unique aspects not found in traditional games:

Web3 gaming is still a fairly new industry, with many changes ahead. Currently, the big trend in web3 gaming is 

 models. However, online discussions suggest that users may be shifting away from simpler games. There's been a growing demand for more complex games that mimic the depth and creativity of AAA games. 

 with endless possibilities for fighting, crafting, exploring and more. In the future, web3 games may begin to prioritize entertainment and engagement over investment opportunities. You can expect to see fewer games with DeFi tie-ins, and more games that try to mimic the appeal of games like 

Web3 gaming is poised to become one of the biggest blockchain industries. 

 by 2030. With so much potential profit, web3 gaming is certainly worth exploring. Both amateur traders and professionals have the chance to earn money through different games in web3 spaces.

However, keep in mind that the days of earning thousands of dollars just by tinkering around with a new GameFi product are most likely over. With so many products on the market now, it's much harder for players to earn money by tapping a few buttons. Instead, the big investment opportunities are more likely to come from supporting the products themselves. While you might be able to make a little money by playing a game, purchasing a new game's crypto and watching it grow is likely to be a more efficient and profitable use of your time.

Web3 gaming's capacity to combine entertaining game mechanics with profitable blockchain technology has helped this industry soar. Not only are blockchain games currently worth billions of dollars, but they're also poised to capture more players than traditional online games. Investors who want to be on the cutting edge of web3 trends would certainly do well to pay close attention to web3 gaming.

Intermediate

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Web3 Gaming: Elevating Play to Next-Level Realities

Inverse perpetual contracts offer traders a unique way to speculate on the price movements of cryptocurrencies and are denominated in the base currency, such as BTC.

Inverse perpetual contracts offer crypto traders a unique way to speculate on the price movements of cryptocurrencies without holding the underlying asset in 

, such as USDT and USDC. These contracts are denominated in the base currency (for example, BTC) and allow traders to engage in futures markets with leveraged positions.

Currently, perpetual futures dominate the crypto derivatives market. 

 to CoinGlass, on October 31, 2024, Bitcoin’s perpetual trading volume was $18.2 billion, far exceeding the 

Inverse perpetual contracts are a type of futures contract used in crypto derivatives markets. They differ from traditional futures contracts, which often require fiat or stablecoin collateral. Inverse perpetual contracts are denominated and settled in a base cryptocurrency, such as Bitcoin (BTC) or Ether ETH). This unique structure allows crypto traders to speculate on the price of a cryptocurrency without using a stablecoin such as USDT as collateral.

For instance, a trader using an inverse BTCUSD perpetual contract can speculate on Bitcoin’s price in USD (U.S. dollars) while collateralizing their position in BTC. If the trade is profitable, the gains are paid out in Bitcoin, meaning traders can increase their Bitcoin holdings directly. 

, and allows traders to use Bitcoin and altcoins as the base currency. 

Why Crypto Traders Use Inverse Perpetual Futures Contracts

Crypto traders prefer inverse perpetual contracts for several reasons:

Inverse perpetual contracts function as a type of futures contract without an expiration date. Unlike linear futures, inverse perpetuals don’t need to be rolled over, allowing traders to hold positions indefinitely. Below, the key elements in the operation of these contracts are defined.

Key Components of Inverse Perpetual Contracts

Inverse perpetual contracts also feature an inverse pricing mechanism. For example, in a BTCUSD inverse contract, as the BTC price rises in terms of USD, fewer BTC are required to meet the contract's notional value, impacting profit-and-loss dynamics.

Key Differences Between Inverse Perpetual and Linear Perpetual Contracts

Inverse perpetual contracts differ from linear perpetual contracts in both their structure and settlement mechanisms. Below is a quick comparison:

How to Trade Inverse Perpetual Contracts on Bybit

Bybit currently supports nine (9) inverse perpetual contracts, and boasts a daily trading volume of almost $1 billion. Its exchange offers competitive fees starting at 

Bybit provides an easy-to-navigate platform for trading inverse perpetual contracts. Here’s a step-by-step guide to get started:

 for specific contract details and trading tools.

How to Calculate Profit & Loss for Inverse Perpetual Contracts

 is straightforward, but differs from the method for linear contracts. Take note of the following variables:

For long positions, P&L is calculated as follows:

For example, you buy 100 Q (for the BTCUSD pair) at an average price (E) of $10,000, and sell at $12,000 (L). 

Profit = 100 × [(1/10,000) − (1/12,000)]

For short positions, P&L is calculated as follows:

If you buy 100 Q (for the BTCUSD pair) at an average price (E) of $10,000 and sell at $8,000 (L), the P&L is calculated as follows:

Risk Exposure of Inverse Perpetual Contracts

Following are some risks associated with trading inverse crypto perpetual contracts.

Conclusion: Getting Started with Inverse Perpetual Futures

Bybit's inverse perpetual futures platform offers high liquidity and advanced trading tools for cryptocurrency derivatives. Our user-friendly interface supports efficient position management and competitive fees. However, traders must understand that these instruments carry substantial risks, including potential loss of capital through liquidation and market volatility.

 is crucial. Use stop losses and avoid over-leveraging positions. Start with small position sizes, and maintain adequate margin buffers. Never risk more than you can afford to lose. You can practice your strategies on 

 without financial risk, giving you a hands-on way to learn the platform’s features and market dynamics.

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How to Trade Inverse Perpetual Futures on Bybit

Sonic, a layer-2 blockchain on Solana, has surpassed $50 million in staked delegation on the Solayer platform, marking it as the largest delegated Actively Validated Service (AVS) on Solayer.

Daily Top Performer — Arkham Intelligence (ARKM)

The S&P 500 futures rose 0.3% on Monday, recovering from last week's losses as investors focused on the U.S. presidential election and the Federal Reserve's policy decision. The Reserve Bank of Australia is expected to keep the cash rate steady at 4.35%, with inflation indicators showing an increase. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.58%, with Bitcoin and Ether rising by 0.58% and 0.76%, respectively in the past 24 hours.

Today's top performer is ARKM, which surged 8.3% after QuillAI Network enhanced QuillCheck with Arkham Analytics to improve asset security in Web3.

Arkham Intelligence (ARKM), founded on 2020, one of the top-performing meme coins in March 2024, is a crypto intelligence platform that uses advanced techniques to link blockchain transactions to real-world identities, enhancing transparency and efficiency in the market. QuillAI Network has 

 Arkham's on-chain analytics into QuillCheck, its token due diligence AI agent. This enhancement allows QuillCheck to analyze token holder activity, community size, liquidity, and specific wallets, providing Web3 users with improved asset security and smarter trading insights.

Check Out the Latest Prices, Charts, and Data of 

Sonic, a layer-2 blockchain on Solana, has surpassed $50 million in 

 on the Solayer platform, marking it as the largest delegated Actively Validated Service (AVS) on Solayer. To enhance the Solana restaking ecosystem, Sonic has partnered with Solayer and Adrastea, aiming to boost rewards for Solana delegators. Sonic's CEO, Chris Zhu, highlighted the milestone as evidence of the growing sophistication of Solana's decentralized services. Analysts predict significant growth for Solana's restaking and liquid staking solutions, potentially rivaling Ethereum's established market. Currently, Solana's liquid staking has a total value locked (TVL) of $5.9 billion.

Between October 28 and November 1, 2024, Bitcoin Spot ETFs saw strong inflows, particularly in Non-GBTC funds, which attracted $2,274.1 million, while GBTC experienced outflows totaling $53.9 million, resulting in a net inflow of $2,220.2 million across all funds. This trend highlights a notable preference for Non-GBTC ETFs. Cumulatively, GBTC's total flows stand at a negative $20,116 million, whereas Non-GBTC funds have accumulated $44,342 million, bringing the overall total to $24,226 million.

 on Galxe will have a snapshot on November 6th, so participants must hold at least 1 USD0 token by that date. To obtain USD0, users can visit the Usual app, click "Mint USD0," select a supported token, and use the early access code 477GP. The TGE and airdrop are tentatively scheduled for mid-November, promising exciting developments for the community. For more details, check the Galxe campaign 

Beginner

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Sonic SVM Hits $50M in Staked Delegation, Partners for Restaking Growth

Bybit Airdrop Hunt allows users to participate in airdrops from trending crypto projects by completing simple tasks and referring friends.

 is a distribution of free tokens by a project (often when launching) to reward its community. Airdrops are strategic marketing stunts aimed at popularizing a project across the cryptocurrency market by creating buzz among crypto lovers.

As the cryptocurrency market continues to remain vibrant, more projects are entering the space, and most are offering airdrops to those who embrace their protocols at an early stage. Now, Bybit has introduced Airdrop Hunt, an event that allows you to receive airdrops from trending projects through a lottery.

 is a recurring event on Bybit’s spot listing platform. It allows you to participate in a lottery where you’re rewarded with tokens from the participating project after completing a given number of specific tasks

. The event is designed to allow Bybit users to benefit from airdrops by popular projects in an easy and user-friendly way.

To participate, you’ll need to have a Bybit account and complete various tasks to qualify for the lottery. Any Bybit user who has completed the platform’s individual 

During the Airdrop Hunt event, you can also invite friends to join Bybit, qualifying you for a referral prize. In order for you to receive the prize, your friends need to use your referral code to join Bybit, get verified and then complete the tasks required to meet the event’s eligibility criteria.

During the Airdrop Hunt campaign period, you’ll need to complete tasks, such as the following:

All deposits made during the event period — from direct on-chain deposit transfers to

 — will be factored into the calculation. For example, if you deposit 10,000 

 into your Bybit account, and then purchase 5,000 PIXFI using both One-Click Buy and P2P, your accumulated deposit volume will be 20,000 PIXFI.

To calculate the trading volume, all Spot trades of the relevant token during the event period will be factored in. These include all 

Spot trades conducted via the Main Account and 

Even if you choose to withdraw your tokens during the event, you won’t be disqualified from the lottery, and it won't affect your eligibility criteria/cumulative deposits.

Once the Airdrop Hunt campaign for a token ends, you can claim your rewards, which will be sent to your Bybit Funding account within seven days after the event ends.

Since the event is conducted through a lottery, you aren’t guaranteed a win, even if you complete all the tasks. To conduct the draw for winners, a lottery algorithm is used (whereby the last digit of the first 

 after 1AM UTC on the day the event ends determines the winning UID).

00000000000000000001fe3b6587f62ebc09b9945634a41786a8673ad94e19fc

The last digit in the hash is 9. Therefore, the algorithm will prioritize selecting UIDs that end with 9, followed by UIDs that end with 9X, UIDs that end with 9XX and so on, until the total number of selected winners meets the predefined limit. The selected UIDs will be sorted in descending order.

Bybit users have received tokens via airdrops from top projects through the Airdrop Hunt, such as PIXFI, DOP1, 

. Let’s look at some details of top Airdrop Hunt campaigns.

 and utility token for Kroma, a scaling solution for the 

, which runs from Oct 29, 2024 to Nov 12, 2024, 5.8 million KRO tokens are up for grabs, divided into a 5 million KRO prize pool and an 800,000 KRO prize pool. 

By completing tasks, such as following Bybit and Kroma Network on X, quoting/reposting a post and completing a deposit of 1,000 KRO or 100 USDT, you’ll become eligible to share in the 5 million KRO token prize pool. Additionally, 800,000 KRO tokens are reserved for the first 8,000 referees who invite a friend to join Bybit and successfully participate in the event. 

, an Elon Musk–themed tap-to-earn project on 

’s blockchain that seeks to merge DeFi with gaming so that players can earn real crypto rewards. The total prize pool for the X airdrop campaign held in October 2024 was 240 million X tokens, attracting 48,668 participants. Winning participants were awarded an average of 80,000 X tokens each. 

 (ZK) proofs to empower users with the ability to open their Ethereum transactions selectively.

 The DOP1 event, which was held in July 2024, featured a total prize pool of 40 million DOP1. It drew 181,628 participants, with winners receiving an average of 2,000 DOP1 tokens each. 

All users who have completed the platform’s Know Your Customer (KYC) Lv. 1 Identity Verification can participate. 

: Institution users and market makers aren’t eligible to join.

2. Can Subaccounts be used to participate in Airdrop Hunt?

No. The Airdrop Hunt event is only for Main Accounts. However, any trading volume done through Subaccounts will be eligible.

3. Is there a 100% chance of winning in Airdrop Hunt?

No. Winning isn’t guaranteed, since the draw is done through a lottery.

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Bybit Airdrop Hunt: Completing Easy Tasks for Great Rewards

Trading

Position trading may or may not be your favorite. But if you intend to invest long-term, here's what you must know about a position trade.

Position-trading.jpg

You might be wondering what do the wealthiest investors in the world have in common? The quick answer is that they use money to find more money. Instead of saving, they re-invest and envision a fortune in the longer-term. In other words, they see the bigger picture (the long-term trends) and then trade in that direction. So, if you’re thinking of position trading, good! You’re halfway there.

And you know what? Position trading helps traders to find significant trends and take advantage of long-term investing. This trading style has a competitive advantage compared to the short-term trading styles like day trading, which has many pitfalls.

Below is the guide you want to know about position trading and the main concepts to learn about this trading approach. The best part, it’s supposed to give you the idea to find potential trading positions.

Position trading is a trading style where the investor holds a position (long or short) for an extended period. With position trading, the time horizon goes from days, weeks, to even years. The main purpose behind this long-term trading strategy is to take advantage of the more prominent trends. 

Position trading is beneficial, especially compared to other trading styles, let’s say, (

); it offers the opportunity to catch larger price movements on a percentage basis. Therefore, providing more potential for profit in the long term.

Let’s be real. There’s no one size fits all kind of trading strategy, and position trading is no exception.

The key is to decide on a trading style that is aligned with the personality and profile. To give an overview of a position trader’s day-to-day life, here’s how it looks like: 

Usually, this style provides more time and less stress because you don’t have to stay glued to the screen every day, and any minor fluctuation shouldn’t affect the long-term view of the asset. The critical element that differentiates position trader and day trader is patience. Position traders rather prefer to wait for the expected movement.

Usually, position trading is more suitable for those who have more commitments outside of the market. That means it’s ideal for those who have a full-time job, family, business, or more personal obligations. Additionally, institutional traders heavily utilize this approach to build positions that could generate bigger yields in time. 

There are many ways how position trading can be applied. However, most are based on technical analysis, 

, or a mixture of both. Those two forms of analysis are essential as they are literally the pillar to make sound investment decisions.

 is slightly different from the crypto space because the cryptocurrencies don’t have the same characteristics as other assets (like stocks or forex). However, the main idea behind the fundamental analysis is to find the “fair” crypto value and define based on the current price if the cryptocurrency is undervalued or overvalued.

Some of the main factors to have into consideration are:

 is related to the study of prices and volumes, allowing for better timing for entries. Additionally, it provides objective price levels where crypto investors could define the risk, profit targets, and areas where the position can be built. There are many position trading strategies built upon technical analysis; some of them will be explained later in this article.

It is important to remember that position trading uses long-term time frames; weekly, monthly, and yearly charts are the primary reference for the position traders. That is because they can identify the long-term trends and eventually define possible entry points.

An example of this trading style can be observed in the action of Bitcoin (BTCUSD) weekly chart, where the price 

. This sample provides an idea of the potential of using a position trading approach.

Position Trading vs. Day Trading vs. Swing Trading: Differences

The main difference between day trading vs. swing trading vs. position trading is the holding period. The holding period is the duration of time between the purchase of a cryptocurrency and its sale.

Additionally, it’s relevant to notice that some of the most significant returns come from directional markets with a considerable volatility amount. Nowadays, the cryptocurrency market matches those criteria. Therefore, it would be an interesting vehicle to establish long-term positions (position trading) that can yield exciting returns.

of day trading. Mainly because position trading implies holding positions for extended periods (months to years) while day trading is entering and exiting trades during one trading day. 

Day trading requires more daily attention because the trader must be in front of the screens throughout the day. Meanwhile, the position trader only has to check the market a few times a month because the time horizon is long.

Here’s an example of how trading Ethereum (ETCHUSD) shows the difference between position trading and day trading:

Swing trading is when the trader holds a position (long or short) during days or weeks, and it differs from position trading because the holding period is lower.

Although it doesn’t require as much time of attention as day trading, a swing trader must still check the prices several times per week. A rule of thumb, you must always be aware of the medium-term fluctuations that could affect the asset.

In the chart above of ETHUSD, depending on the trading style, the time of price development takes different magnitudes. In position trading (monthly chart) 15 months while in swing trading (Daily chart) 9 days.

In regards to position trading strategies, there are several methods that a crypto investor can apply. Because position trading involves tactically buying and holding cryptocurrencies for the long run, some of the technical analysis strategies used to time the market includes— 

moving average, support and resistance, breakouts, pullbacks, and range trading

The main reference for this kind of trading style will be the larger time frames, such as the weekly, monthly, and yearly charts. 

Let’s start by analyzing the trading breakout. 

Breakout trading is when the entry is placed at the point where a 

. This high could be an all-time high or a relevant level defined by the monthly or yearly chart.

The idea is that after the entry is triggered, the price must keep going. If not, the trade must be obliterated immediately.

BTCUSD is a good example; see how after the price broke the 12.473 (black dot = entry) level, it went straight up, breaking the most relevant previous structure. The 

 should have been located just below the bar that triggered the breakout.

 to identify possible continuation points after the price has reached its mean (the average) before continuing in the previous movement’s direction. Usually, this strategy yields better returns in trending markets.

One of the most used averages is the 9EMA. It is usually an indicator of momentum and provides good entry points when the momentum is strong.

For example, in the chart below the ETHUSD weekly chart, we can see how the 9EMA (black line) acted as dynamic support and eventually marked ideal entry areas to build a core position trading towards the long side (black arrows).

 is a popular yet powerful method to define entry and exit points. In essence, the support and resistance levels are key price levels on the crypto chart that tend to stop a cryptocurrency price from going any further.

Usually, when the support or resistance is tested several times, it can provide a solid area to place an order and define the risk.

In the sample above, the Litecoin weekly chart (LTCUSDT) was revolving around the 38 – 40 support area. See how previously the action was supported around this level (black dots) and eventually provide a good entry point where the risk was low compared to the possible run to the upside (Green arrow).

Pullback and retracement trading is when the trader looks for an entry on a corrective action within the context of a trend. The main idea behind pullback trading is to wait for a retracement during a trending move and use additional price action with some exhaustion action. Such as a 

 or a Fibonacci retracement to provide accurate timing.

In the weekly chart of BTCUSD, we can see two main spots to define a long entry (black dots). One after the Doji formation and one after the inside and up candle. Additionally, the stop loss should be placed below the previous swing low.

Range trading is a method that seeks to exploit trading opportunities when a 

cryptocurrency bounces between support and resistance level

, which acts as a price barrier. The price zone between the support and resistance levels is what most technicians refer to as being the range.

Usually, a price range is established when we have multiple bounces off support and the resistance level. On the price chart, this will appear like the price is being “trapped” inside a consolidation without having a clear direction.

In the context of position trading, the main idea is to play the breakout in the prevailing trend direction. For example, if Bitcoin is in a strong uptrend, you would want to 

Here in the daily chart of BTCUSD, we have identified a well-established range that eventually fueled a movement to the upside as soon as the price broke above the upper limit of the price range.

Of course, position trading is attractive. But the real deal is because it allows you to have:

Position trading also has risks associated and must be understood before applying this approach. 

The best style must suit your personality of each crypto investor and his experience in the market. For example, if you find yourself 

. You can check the market a few times per week or month to manage your positions accordingly to the medium and long-term action.

 is for you. There, you can see a daily profit and loss without stressing over an overnight position.

Usually, institutional traders and more experienced traders prefer position trading as they typically trade with big order blocks. These are buy-and-hold traders compared to retail traders who have a shorter time horizon and choose day trading or swing trading.

Position trading is a style that allows investors to participate in the major trends and eventually outperform the average trader returns. It perfectly suits traders who have limited time due to different commitments outside of the market environment (family, work, or business).

Additionally, it offers the opportunity to avoid the random “noise” usually found in lower time frames, where a minor fluctuation can shake out the trader’s positions. All and all, position trading is a great approach to participate in significant trends and increase profits exponentially.

Explained: What Is Position Trading vs. Swing Trading?

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards