Do you actively trade Hive on exchanges and if so what is your trading style?
Do you actively trade Hive on exchanges and if so what is your trading style?
eg. Do you day trade, speculate over short/medium term, do you use a market maker style? Do you use bots to trade? Another style?
Definitions:
Day trading is making speculative bets, long or short, but generally closing your position before the day is over. Generally you stay and pay attention to the market, and close your orders when you can no longer observe.
Short/medium term speculation is making speculative bets, but leaving orders open for longer periods of time. That could be days or weeks. You don't necessarily watch the market all the time.
Market making is placing orders on both sides of the bid/ask spread, providing liquidity to the market. You're not making a bet one way or another, you are profiting on the spread, or possibly on the overall volatility of the asset.
Arbitrage trading is trading with a float on multiple exchanges, taking advantage of where the price differs substantially (more than making up for the cost of possibly transferring between the exchanges).
Automated trading is using a computer program to implement one of the above strategies, or another strategy. It is not mutually exclusive to the above options.
- No, I don't actively trade Hive or any other cryptocurrency
- No, I don't actively trade Hive, but I trade other cryptocurrencies
- I day trade Hive
- I speculate on Hive over short/medium term
- I do market making of Hive
- I do exchange arbitrage of Hive
- I use bots for automated trading of Hive
- I use another style of trading of Hive (describe in comment)
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