Is Crypto Swing Trading Profitable – 2024 Guide

We work hard to earn our pay, and it is the main reason why we can get too careful and too cautious when we search for where to invest that capital. Yes, the difference between when someone gives us money and when we actually earn it is vast, as when we know how much effort we have placed into getting that paycheck at the end of the month, we don’t want to spend it recklessly. Of course, some people are too protective and skeptical, but that should also not be the case as the only way to enhance your profits and add to your monthly budget is by constantly investing in something.

Cryptocurrencies as the most profitable investment

Investing has never been easier and more open to much more people, as today, no matter where you are, you can participate and trade in almost every market in the world. Some of the most popular markets to invest in are the stock and real estate ones, but the biggest difference between these two popular markets and the crypto one is that you have a much greater opportunity to make large profits. Of course, this also comes with certain risks that are much greater than with the stock market, for example, but by knowing the basics, doing research, and having the right trading strategy, you can avoid it.

Crypto trading strategies

Many people wonder about which one is the best crypto trading strategy and whether that’s high-frequency trading or intraday scalping, or whether there is some new, more efficient one. The essence of most strategies is that the more trades you make, the higher the chances to gain profits. Okay, we cannot say that this is a bad choice or a bad strategy, but it surely is the most time-consuming and stressful one, as it requires high dedication and spending much more time than it’s actually needed. On the other hand, we have a strategy that focuses on patience and planning, and it’s called swing trading. Now, some have certain doubts regarding the profitability of this strategy, so let’s debunk some myths and just focus on its facts so that by the end of this article, you will have a much better insight into whether swing trading is profitable or not.

How it works

The whole point of this strategy is that your possible profits don’t need to be strictly connected to the crypto volatility, as this can be a long-term strategy. Of course, it’s all about detailed planning and researching, and there are two main types:

  • swing highs
  • swing lows

The first one is about determining when the value of some coin will reach its peak, and it is more of a short-term strategy, and the second one is when the market bounces and that instability provides an opportunity for a long trade.


Simplified process

The great thing about this strategy is that we can use technical analyses, which makes the whole trading process much easier. Because of that, it is perfect for beginners without too much experience since they can use all the available information to learn more and understand better the whole process.

It does not require a lot of time

If we compare swing and day trading, we will see that the first option is much better for people who do not have enough time to spend on trading because it requires less time than day trading. That is the main reason why busy people choose this method, along with its high profitability.

Maximizing profit potential

If you are interested in maximizing the short-term potential of your crypto investments, choosing a swing high strategy is one of the best solutions. It captures the bulk of market swings and allows us to use the maximum potential out of them, which grants profits and cuts losses.


Each trading method can be effective if we follow some simple rules, and because of that, it is crucial to learn more before we choose to try one of them. Having the right information can be of vast importance, and today we have access to almost everything, and it is up to us to read and learn everything we can and improve our knowledge all the time. If you decide to try this strategy, there are a few simple rules you should follow to make the maximum profit, and we will mention some of them:

  • Never invest more than you have

It may sound weird when we say that it is never a good idea to invest more than you have, but many people borrow money to invest more, and it does not end well in most cases. The best solution is to invest only the money that we can afford to lose if something goes wrong, and it is one o the best strategies we can follow. Investing more than we have can easily go wrong, and we can lose our and borrowed money, so we can easily find ourselves in debts that we cannot repay for a long time.

  • Never invest without the plan

Whatever we do, it is crucial to have some plan that we can follow because it is the only way to know if we are doing things right. It can be pretty challenging to make the best plan when it comes to crypto trading because this market is changing all the time, but it is crucial to try. The trading plan should be able to change if it is necessary and the market requires that. Setting goals is something you should do before trading, and sticking to them can bring you a lot of profit if you are persistent. Doing anything without a plan means relying on pure luck, which is never a good idea when it comes to trading because it usually results in losing a lot of money.

The bottom line


After looking at the facts and examples of how swing trading strategy works and what it offers to its users, it’s pretty obvious that it is more than a profitable strategy. What makes it even better is that everyone can use it, as you don’t need to be an expert to understand it. Of course, it’s also crucial to find a reliable and trustworthy trading platform like so that you can focus on what really matters, and that’s trading cryptos and making money doing so.

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