Hendriksen GundersenNov 24, 2021 · 3 years ago2 answers Which is more suitable for short-term trading: day trading or placing Good 'Til Cancelled (GTC) orders in the cryptocurrency industry?
In the cryptocurrency industry, when it comes to short-term trading, which strategy is more suitable: day trading or placing Good 'Til Cancelled (GTC) orders? What are the advantages and disadvantages of each approach? How do they differ in terms of risk and potential returns? Which one is more commonly used by professional traders?