In our latest Learn 101 livestream session, crypto experts shared insights on the shifting dynamics of the stablecoin ecosystem.

 are making a comeback, but this time, the competition is heating up. While 

 continues to dominate the market, a new wave of 

 is emerging, each with its own proposition. From institutional-backed tokens to 

, the race is on to determine which stablecoin will take the lead. What sets these newcomers apart — and could any of them realistically challenge USDT’s throne?

, we tackle the big question: Newcomers vs. USDT: Who Will Win?

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Apr 24, 2025, were two distinguished guests: Paz Gonzalez, trader and founder of 

magazine, and Jip Molenaar, full-time trader and co-founder of Tribe Capital. Under the moderation of Sabrina Chua, Crypto Evangelist and Senior Content Strategist at Bybit, this episode takes a deep dive into the shifting dynamics of the stablecoin ecosystem.

Why the world is suddenly crazy about stablecoins

Stablecoins are once again making headlines — but what’s driving this renewed momentum? Several key developments have pushed stablecoins into the mainstream conversation, including Donald Trump’s recent proposal for a 

. According to Paz Gonzalez, these announcements signal a broader shift tied to the weakening influence of the US dollar. In times like these, stablecoins could gain mass adoption, giving governments a way to reassert monetary control through a digital proxy.

Jip Molenaar agrees with Gonzalez, adding that Bitcoin is unlikely to become the world’s primary currency, despite what many once believed. Instead, Molenaar sees Bitcoin’s future role as that of a store of value — 

 — while stablecoins will take on the role of everyday money, used for payments, bill settlements and daily transactions. 

, Molenaar argues, has helped bring digital assets into the political mainstream, making the concept of crypto usage more palatable to the general public than ever before.

Molenaar also shares his personal experience transitioning from euros to USDT, a process he describes as challenging and significant. Living in Europe, switching to a US dollar–pegged stablecoin wasn’t easy — and that’s precisely why he believes most users won’t readily jump to new alternatives. For many, USDT and 

Paz sees Fidelity’s entry into stablecoins as a bullish signal for the industry. As a well-established and trusted financial institution, Fidelity’s involvement could sway skeptics who have traditionally avoided crypto. Its participation brings credibility — and potentially, a new wave of adoption.

He also emphasizes that the legitimacy of any currency, fiat or crypto, depends upon being backed by a clear source of value. Historically, 

. For stablecoins to earn that trust, the same principle applies — they must be transparently backed. Today, more investors recognize that leading stablecoins are supported by reserves, and are subject to increasing regulatory oversight.

However, despite this progress, Molenaar remains cautious. He warns that another event like the 

 is still possible if stablecoins aren’t properly backed and transparently managed. Without clear support mechanisms, he believes trust will erode — and widespread adoption will stall.

USDT currently holds the largest market share among all stablecoins and is the most actively traded. Molenaar attributes this dominance to the convenience and wide acceptance of USDT across trading platforms. He points out that the infrastructure for USDT is already deeply entrenched in the crypto ecosystem, making it far easier to execute trades and move funds. Because of this strong foundation, he believes it will be extremely difficult for any competing stablecoin to unseat USDT.

Gonzalez agrees: while she personally holds some USDC, she says that when people ask her to send a stablecoin, it’s almost always USDT. Even though USDC has made efforts to challenge USDT’s dominance, Gonzalez doesn’t see that happening anytime soon — if ever. She also underscores the fact that stablecoins like USDT aren't meant to be investments in the way Bitcoin or altcoins are. Instead, they serve more practical purposes, facilitating transactions and providing stable on-chain alternatives to fiat.

Molenaar adds that older generations, particularly baby boomers, tend to wait until new markets are validated by trusted institutions before getting involved. With firms like Fidelity now backing crypto through 

 (ETFs) and exploring stablecoin adoption, that validation is underway. Because Fidelity has integrated USDT into its ecosystem, Molenaar believes that conservative investors will naturally gravitate toward it over less familiar alternatives.

Gonzalez also shares her approach to risk management. Rather than going all-in on one asset, she diversifies and experiments cautiously — allocating small amounts to new opportunities. 

, for example, is one method she uses to generate passive income while testing out new protocols or tokens.

When it comes to adoption, Gonzalez sees real-world use cases driving interest in stablecoins. She mentions the new Wyoming stablecoin, which offers local taxpayers a slight reduction on their annual tax bills. While its benefits may currently apply to a small group, she believes this kind of practical utility is crucial. To achieve broader adoption, stablecoins — including smaller, emerging ones — need meaningful use cases tied to local economies. 

Still, for global accessibility and widespread usage, she maintains that a well-established option such as USDT is essential.

Stablecoins and trading — what really matters to traders

Molenaar is all-in on USDT, choosing to avoid the risks that come with lesser-known stablecoins. For him, USDT offers the highest liquidity and the lowest risk, due to its widespread adoption. While he's open to switching if a new, dominant stablecoin emerges, he’s not willing to gamble on smaller or less established options at this time.

Gonzalez adds an important perspective: stablecoins don’t just enable transactions — they also reflect the health and movement of the broader crypto market. Since stablecoins support liquidity within cryptocurrency networks, their flows can signal shifts in underlying asset trends. Traders are beginning to pay more attention to this relationship.

While most stablecoins are backed by USD, some stablecoin creators are now exploring alternative pegs, such as gold. But for Gonzalez, the backing isn't the main concern: usability is. She prioritizes the ease with which a stablecoin can be used for trading. In her view, investors today care more about functionality and integration with platforms than the specific assets backing the coin. 

Molenaar agrees, adding that ease of use often comes down to habit — knowing the ins and outs of how to trade with a particular coin saves time and effort. He also points out that staking stablecoins typically yields higher returns than do traditional bank savings accounts. That’s one reason he keeps minimal funds in banks — in addition to his distrust of the traditional banking system. He prefers to let his funds work for him through stablecoin staking.

Gonzalez also sticks with USDT because of its simplicity and reliability. She takes a cautious, thoughtful approach to her finances, due to her awareness of how hard she works to earn her money. When trading with USDT, she invests time in researching opportunities. Therefore, she believes that having a deep understanding of stablecoins is crucial in order to make smart financial decisions.

Both Molenaar and Gonzalez highlight the importance of using a trusted platform when holding and trading stablecoins. Molenaar uses Bybit because he feels confident his funds are secure there, and Gonzalez echoes this sentiment — rather than spreading her assets across multiple exchanges, she sticks with Bybit for its reliability and trustworthiness.

This episode of Learn 101 offers a thought-provoking look at the battle between emerging stablecoins and the reigning stablecoin leader, USDT. While newer stablecoins may bring niche advantages and localized utility, USDT’s deep liquidity, global reach and entrenched usage continue to give it a clear edge. For now, USDT remains the go-to choice. But as the ecosystem continues to evolve, the race is far from over.

Intermediate

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Learn Live ICYMI: Can the upcoming stablecoins beat USDT?

Bybit Megadrop is a token launch platform that lets users earn free airdrops by subscribing to Fixed-Term Bybit Savings plans and completing simple tasks.

The crypto world never sleeps — and neither do opportunities to earn. One of the most exciting ways to get in early on promising projects is through token launches, whereby new cryptocurrencies are introduced to the market. Traditionally, early participation comes with barriers: you might need to stake, trade heavily or rely on luck in oversubscribed launchpads.

Bybit Megadrop changes the game by offering a more rewarding and accessible way to earn free tokens before they hit the market — all while growing your savings.

In this article, we’ll explain what Bybit Megadrop is, how it works, the benefits of joining, how to participate and whether it’s the right fit for your crypto strategy.

 is a token launch platform that lets users earn free 

 by subscribing to Fixed-Term Bybit Savings plans and completing simple tasks.

This new platform integrates Bybit Earn with early-stage 

 projects, giving users exclusive access to rewards before tokens go live on the Bybit Spot market. Think of it as a smarter, more educational and risk-free way to “airdrop farm” — but with real structure and substance.

Bybit Megadrop combines savings, learning and rewards into a unified experience. Here's how the flow works.

1. Subscribe to a Fixed-Term Bybit Savings plan

To participate, users must first subscribe to a Fixed-Term Bybit Savings plan using eligible tokens specified on the event page. These tokens could include MNT, USDT, USDC or BBSOL. This isn't just a gateway to Megadrop — it's also a way to grow your holdings. While your funds are locked for a fixed period, you earn interest through Bybit Earn.

This subscription acts as your entry ticket to Megadrop.

Once you’ve subscribed, you’re entitled to a portion of the airdrop rewards from the featured token’s project. These airdrops are typically distributed before the token is publicly listed on Bybit, giving you early exposure and the potential for upside if the token gains traction post-listing.

The amount of airdrop you receive depends upon your subscription amount, the total amount subscribed by all participants and whether you complete additional side tasks.

Please note that you will need to claim your airdrop rewards manually once the event ends.

3. Complete side tasks for bonus airdrops

To boost your airdrop share, you can complete optional side tasks. These tasks are simple, and are meant to educate users about the project and keep them engaged on the Bybit platform. Examples include:

Completing more tasks will grant you more points, which essentially results in a larger share of the token airdrop pool.

Bybit Megadrop isn’t just another airdrop campaign — it’s a win-win experience for users looking to maximize value with minimal risk.

The best thing about Bybit Megadrop is that when you subscribe to a Fixed-Term Bybit Savings plan, you don’t just earn the plan's regular APR — you also get free airdrop tokens. It's passive income layered with passive rewards.

Taking part in Bybit Megadrop will enable you to obtain tokens before they hit the Spot market, which could offer potential upside if the token rallies post-listing.

The barrier to entry is low, and there’s no need to buy or stake new tokens. You simply use what you already have in savings, and get rewarded on top of your fixed return — with no strings attached.

Looking to upsize your earnings? Simply complete more side tasks to earn more points. This way, you’ll be able to increase your chance of getting more tokens airdropped to your account.

Now that you have a better understanding of what Bybit Megadrop is, let’s explore how you can get started. If you don’t already have a Bybit account, you’ll need to create one. You can also check out our 

: Log in to your Bybit account and hover your cursor over the 

Select the event you would like to participate in. You will then need to subscribe to a Fixed-Term Savings plan on Bybit Earn to accumulate points. The eligible plans will be listed under the corresponding project on the Megadrop page. 

You may also complete tasks with point multipliers to earn points faster.

Once the event ends, the airdrop you receive will be based on your share of points earned in each pool.

Bybit Megadrop is designed for all types of crypto users, from beginners to veterans, and offers a compelling, low-risk way to access new token launches.

If you're someone who’s already using Bybit Earn, then Bybit Megadrop is a natural next step. It enhances the value of your fixed-term savings by layering on free token airdrops from promising web3 projects. You get to earn both APR and tokens, without having to take on additional investment risk.

Even if you’re new to Bybit, Megadrop makes participating in token launches easier and more rewarding. There’s no need to buy new or volatile assets — just deposit what you already have into a Fixed-Term Savings plan. That’s it — and you’re now eligible for airdrops.

For users who enjoy completing tasks or learning about new projects, the optional side missions are a fun way to earn additional tokens while becoming more familiar with the web3 ecosystem. If you're a retail user looking to stretch your capital, these tasks give you a chance to unlock a much larger share of rewards.

In short, if you're looking for a safe, flexible and engaging way to access new tokens early (without spending more or risking your funds), then you’ll absolutely want to consider joining Bybit Megadrop.

Bybit Megadrop combines the best of both worlds: steady earnings from savings and exciting token rewards from new projects. It’s a win for long-term holders, risk-averse users and web3 explorers alike.

Ready to try it? Subscribe, complete a few tasks and claim your share of the next big token — before anyone else!

Beginner

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Bybit Megadrop: A smarter way to earn airdrops from new tokens

Tezos’ Rio upgrade enhances staking flexibility, speeds up operations 3x, and allocates 10% rewards to boost L2 adoption via the Data Availability Layer (DAL). 

The S&P 500 futures rose after news of US-China trade talks, rebounding from Tuesday’s 0.77% decline as investors await the Fed’s rate decision and Powell’s guidance. Gold climbed above $3,400, buoyed by a weaker US dollar and risk-off sentiment, and is technically bullish with momentum targeting a retest of the $3,500 record high ahead of the Fed’s policy decision. The Coindesk Indices, which tracks the broader crypto market, rose 1.64%, with Bitcoin up 0.69% and Ether down 1.87%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is KAITO, which surged 39.2% after Kaito AI announced $71M in distributed rewards and unveiled upcoming products.

Kaito (KAITO), founded in 2022, is a $1,099/month AI-powered crypto search engine that aggregates data from web3 sources like Twitter, Discord, and forums, using advanced AI to deliver context-rich, sentiment-filtered insights. Kaito AI has 

 over $71M in rewards to users within 5 months of launching Yaps, excluding the upcoming $KAITO airdrop, with more products like Kaito Earn, Connect v2, and Capital Launchpad on the way.

Check out the latest prices, charts, and data of 

 upgrade enhances staking flexibility, speeds up operations 3x, and allocates 10% rewards to boost L2 adoption via the Data Availability Layer (DAL). It reduces staking cycle times from 3 days to 1, tightens baker inactivity rules for better network resili`ence, and strengthens Tezos’ position for L2 scalability and user experience improvements.

Yesterday, BTC spot ETFs saw total outflows of $122.4M, with $89.9M from GBTC and $32.5M from non-GBTC funds.

, a decentralized bandwidth marketplace, launched its node for users to earn points and qualify for a future airdrop by sharing unused internet. Users can run a free node, earn 1 point every 10 minutes, and boost earnings via quests and referral codes.

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Tezos Rio upgrade boosts staking speed and L2 incentives with improved network resilience

In this article, we’ll look into Bybit Pay, how it works and provide you with a step-by-step guide to sending and receiving payments on Bybit Pay.

 is a next-generation payment solution that enables users to send and receive crypto or fiat with just a few taps via QR code or internal transfer. Whether you're settling bills, splitting payments with friends or running a global business, Bybit Pay simplifies cross-border transactions within a secure and intuitive environment.

In this article, we’ll walk you through Bybit Pay, show you how it works and provide you with a step-by-step guide to sending and receiving payments on Bybit Pay.

 is a powerful payment service designed to connect your crypto wallet to real-world financial needs. Whether you're sending money to friends or making payments to merchants, Bybit Pay allows seamless transactions conducted in both crypto and fiat — all from within the Bybit platform.

Its mission is to bridge the gap between digital assets and traditional finance by enabling users to spend their crypto effortlessly, just like they do with cash. With support for currencies like BTC, ETH and USDT (and even fiat such as BRL), Bybit Pay turns your crypto into a practical tool for everyday payments.

Bybit Pay makes it easier than ever to use your crypto. Whether you're paying online, transferring funds to a friend or scanning a QR code in-store, Bybit Pay supports seamless payments in both crypto and fiat funds.

Bybit Pay simplifies spending both locally and globally.

Bybit Pay operates through two main methods: QR code payments and internal transfers. Users can scan a QR code to pay merchants or friends, or send funds directly using a phone number, email or Bybit UID. It supports both crypto and fiat, with seamless access via the Bybit app or website.

: While the Bybit Card functions like a debit card for in-store purchases, Bybit Pay enables direct wallet-to-wallet transfers and merchant payments, without any need for physical hardware. It’s faster, flexible and perfect for global digital transactions.

How to send crypto and fiat with Bybit Pay

Bybit Pay makes it easy to send crypto or fiat to other users or merchants. You can pay by scanning a QR code, or via internal transfer using a phone number, email or UID.

2. Choose your payment method, and enter the recipient’s email, phone number or Bybit UID.

Enter the amount you wish to send. Tap on the 

 to convert from fiat to crypto, if needed. Add a note (optional), avoiding special characters.

5. Review the details, and confirm your payment after completing two-factor authentication (2FA).

Once your funds are sent, your payment history is viewable at the bottom of the Bybit Pay screen or by tapping on the 

Bybit Pay makes sending crypto as easy as sending a message.

How to receive crypto and fiat on Bybit Pay

Receiving payments on Bybit Pay is simple and flexible. Users can receive crypto or fiat via either internal transfer or QR code, depending upon the sender’s preference.

The sender can use any of these details to transfer funds directly from their Bybit Pay interface.

Bybit Pay makes receiving crypto fast, flexible and borderless. The following is a step-by-step guide for requesting a payment using a personalized QR code — right from the Bybit app.

. This opens your personalized payment interface.

 to enter a fiat amount, and the amount will automatically convert to crypto.

: Your QR code updates in real time in order to reflect the specified details. Simply show it on-screen or use the 

: After the sender has completed the transfer, go to 

 to confirm receipt and track incoming funds.

Bybit Pay bridges crypto and traditional finance, offering seamless, secure and instant payments — all from one place. Whether you're sending or receiving crypto, or spending it globally, it’s never been easier to do. 

 today to experience secure, borderless crypto and fiat payments — right from your app or browser.

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How to send and receive payment using Bybit Pay

Trading

Day trading cryptocurrency is similar to forex and stocks trading. But, is it for everyone & is it profitable? Explore its strategies & risks.

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Day trading is one of the most popular trading styles in the cryptocurrency industry and most traditional markets, including foreign exchange (forex) and stocks. However, the traders turn their heads into the cryptocurrency market as it offers one of the most lucrative environments for day traders. With the high volatility and the round-the-clock availability, digital assets have once proven to be a strategic opportunity for day traders to earn quick profits. Despite that, many buy and hold (

) investors in the crypto space, hoping for the cryptocurrency value to appreciate over time. However, on a general note, it is indeed considerably riskier than 

In the following lines, we’ll discuss all aspects of day trading worthy of attention to help you decide whether this trading style is right for you. Note that day trading has been borrowed from traditional financial markets and has the same principles for crypto trading.

Day trading is about speculating the asset’s price to generate profits from the short-term move. And the main rule of day trading is to open and close all positions within the same day. In other words, crypto day traders would not hold their positions open overnight. 

Based on the definition, you may wonder if buying and selling cryptocurrencies within the same day makes you a day trader. Well, technically yes, but day trading is more than that – it is about the ability to generate consistent profits from the short-term price moves, which is not an easy job. In fact, there is a popular

 that says that 80% of day traders give up within just two years.

When generalizing in the cryptocurrency context, most crypto day traders would apply multiple tools and use leverage to maximize potential profits. At the same time, the leverage is used to enter positions with hedge or borrowed funds.

The day trading style is quite demanding, as traders have to stay alert whenever positions are open. That is especially true when day trading a cryptocurrency is way more volatile than forex pairs or company stocks. Naturally, that is why you should always set some time aside for day trading, though stop orders/losses can do a great job at automating the main processes.

How Does Day Trading Work in Cryptocurrency? 

A day trader has to know the market’s intricacies and the crypto assets he’s trading inside and out. Typically, a day trader’s goal is to buy cryptocurrencies that will likely increase in price within the next hours. Then, sell or open short positions on cryptocurrencies that will likely decline in price. While this might sound easy for a novice, trading is difficult and risky without reliable strategies and discipline.

On a side note, crypto day traders are not focused too much on each position’s profitability. Instead, their goal is to secure profitability from the aggregate positions.

Of course, keeping an eye on the latest news is essential for many day trading strategies. However, most of the traders rely solely on technical analysis. In which, these processes involve chart monitoring to draw conclusions based on particular indicators that help traders visualize historical prices from various perspectives.  

The Essentials of Day Trading Cryptocurrency

For day traders, the chart is everything, as it provides traders with the price action, 

, and different timeframes to analyze the market. Many strategies revolve around the price action itself, which can display unique patterns that anticipate specific behavior. Besides the chart, here are other elements that are essential in day trading:

 forms, which implies trading cryptocurrency or stocks with borrowed funds. The concept of leverage is difficult to grasp for beginners, but it is imperative to understand it fully.

Such a profit is not attractive for most day traders. Instead, they are using leverage, whose size can be set manually. So, if the trader from our example uses 10:1 leverage, the trader would put the same $1,000 at stake to enter a long position worth $10,000, with $9,000 of the funds being technically borrowed. That means the potential profit of a 5% return would be $500, which the difference is relatively big.

However, the broker would never let the funds be at risk, so the trader’s position would get automatically closed when the price goes against him. The higher the leverage, the sooner a losing position is closed.

While leverage is generally not common for spot crypto trading, day traders can still use it when trading 

. Some crypto exchange platforms offer up to 100x to 125x leverage for their perpetual contracts.

Day traders might open and close positions manually, but most of them would deploy stop orders to automate trading and prevent bad decisions driven by emotions. While the take-profit helps traders secure gains before the price retreats to previous levels, the most crucial stop order is the stop loss, which allows traders to limit potential losses.

 can be set for every position at the level chosen by the trader. For example, if a trader goes long on BTC at $19,000, he might decide to set a stop-loss order that would automatically close the position when the price goes below $19,200. If the price starts to decline and goes below $19,200, the trader will end up with a loss, but at least it will be limited.

Stop-loss is one of the most critical risk management tools. It can be ignored by buy and hold traders who have fewer positions that can be monitored and addressed manually. However, day traders should use it consistently to mitigate risks.

You can regard trading as a continuous battle between 

, who have opposing sentiments on an asset’s price. Thus, the price movement is all about market psychology. The 

 are the best examples of how market psychology works.

If bulls are strong, the momentum of an uptrend is getting traction, and the price might break above resistance levels with ease. If bears gain traction, the market would retreat and may test new support levels until finding the most reliable one.

 levels represent another aspect of market psychology. If an uptrend has been around, there is a natural inclination to correct lower, and vice versa.

Understanding how market psychology works will prevent you from trading against the trend.

Technically, day trading cryptocurrency is not difficult, but things get tricky when your goal is to secure consistent profits. In most cases, traders dedicate much time and effort to improve your skills and react appropriately to various market signals, usually will see a positive result.

Here are the main steps to jump-start your day trading cryptocurrency journey:

There are many types of tools and software programs designed to help day traders, but you shouldn’t complicate yourself. You can use only the most essential tools required to analyze the price action and improve your trading decisions.

Obviously, you will need a laptop or mobile device with a stable Internet connection. The cryptocurrency exchange or the broker you choose should provide you with charting software that lets you analyze the price and trade without any hassle. Many platforms would use the charting software developed by TradingView, which is convenient, fast, and accurate. Otherwise, seek a trading platform that provides API integration for customization. 

Besides this, it is important to keep an eye on the latest cryptocurrency news so that a crypt news aggregator site might do the trick. Alternatively, you can regularly check popular websites like 

Needless to say, a day trader cannot do without technical analysis indicators and tools, which are providing great insight into the historical price data. 

Example of BTC/USD chart provided by TradingView, with some technical indicators on it. 

The Dos and Don’ts in Day Trading in Cryptocurrency

Day trading strategies in cryptocurrency is a bit different from trading other markets given the much higher volatility. That is why you should be more rigorous about following the best practice. Here are some free tips that will help you increase profitability in the long run:

The best way to practice day trading strategies is to trade with a small amount of money, which doesn’t cause any psychological discomfort. Trading on demo accounts is excellent, but sometimes it can be misleading because knowing that you have virtual funds makes you relaxed. Many traders were doing great on demos but lost their balance right away when trading with real money. 

Pattern day trading strategies are a type of trading method in which traders are looking for specific patterns through the price chart in the form of 

 or bars. These patterns can anticipate the next move with some accuracy, though you have to learn how they work and understand that there is a risk that the price may behave differently than what you expect.

, triangles in all varieties, flags and pennant

s, and more. Some patterns can also anticipate trend reversals, while others may point to trend continuation.

Examples of reversal patterns CC: forexfactory

Top Cryptocurrency Day Trading Strategies for Beginners

Below is a list of day trading strategies that have been tested with time and are still relevant in 2020. You can try these strategies one on a demo account or based on past price movements. Here they are:

Breakout strategies revolve around precise signals that happen when a cryptocurrency price breaks above a 

 on the chart, generally with increased volume. Thus, traders would open a long position after the price breaks above resistance and a short position when it drops below support.

If you’re not familiar, the resistance represents an imaginary line made of the recent highs. It forms when the price repeatedly struggles to break above that line as it retreats after touching it. Consequently, the support is an imaginary line consisting of the recent lows. It can show up when the price doesn’t decline below that line repeatedly, as if it was supported by some force.

The point is, if these barriers are broken, the price tends to move in the direction of the breakout.

 is a trading strategy widely used, especially in forex trading. Scalp traders try to benefit from minimal price movements, which can last minutes or even seconds. Every trade doesn’t bring much profit quantitatively, but scalpers open multiple positions either simultaneously or separately. Their goal is to make sure that all the positions’ aggregative return is positive at the end of any session.

This strategy relies very much on technical analysis, and scalpers are generally not interested in 

. The best thing for them is volatility bursts in either direction.

As for the entry and exit points, scalpers can inspire from other strategies and use a combination of technical indicators.

 is one of the most common and straightforward strategies, especially among beginners. The condition of this strategy is to open positions based on the strength of the current trend. Thus, momentum traders buy the cryptocurrency when it moves up and sell it when the price is declining. But, providing that the strength of the trend is still supported by high volume.

The rationale behind this behavior is that if there is sufficient strength pushing the price in a given direction, then the chances are that the move will continue for a while. As you would expect, traders exit positions during signals of a trend reversal.  

Reversal strategies are probably the riskiest ones from this list, so beginners should better look for better alternatives. This trading style tries to catch a trend reversal ideally right before it happens, i.e., before an uptrend turns into a downtrend or vice versa. That means traders are trading against the trend for a while cost them their deposited funds.

To succeed with reversal trading, you have to possess in-depth crypto market knowledge and trading experience. The easiest way to spot a potential reversal is to check whether the price breaks the trend line in the opposite direction.

Moving average (MA) crossovers represent another group of popular strategies used to get relatively accurate signals pointing to a trend’s beginning. The most straightforward strategy from this category uses two simple moving averages (SMAs) or two exponential moving averages (EMAs) with different periods – a short and a long one. When the short MA crosses the long one from bottom to top, traders regard it as a buy signal. When the short MA breaks below the long MA, traders open short positions.

An interesting way to follow the trend is to look for 

 that confirm the trend is about to continue. Some of the most popular trend continuation patterns are ascending and descending triangles, rectangles, flags and pennants, and among others.

Besides the trend continuation patterns, there are candlestick patterns that usually anticipate a trend reversal. They can provide better signals than merely waiting for the price to break the trend line in the opposite direction, as mentioned above. Some of the most common reversal patterns are double tops and double bottoms (depending on the market condition) and head and shoulders.

Another reversal signal comes from the divergence between the price movement of a cryptocurrency and the RSI line. For those unfamiliar, the RSI is an indicator of overbought (above the 70 marks of the indicator) and oversold (below the 30 marks of the RSI) levels.

A bullish divergence occurs during a downtrend when the cryptocurrency price declines, creating lower lows, while the RSI score increases and displays higher lows. That means the downtrend is probably reversing, and an uptrend is coming. Conversely, a bearish divergence forms when the price increases while the RSI indicator drops.

Trading the news is possible with cryptocurrencies. Many relevant events are happening regularly, including the high-profile partnerships, product launches, token launches and distributions, new technology adoption, regulatory decisions, or integration of crypto solutions by mega-cap companies. 

This approach is probably the only day trading strategy that doesn’t rely on technical analysis, though the latter is needed to support the entry points. The conditions of this style are simple. As good news would trigger a bullish sentiment, while the opposite would put pressure on the price of a given cryptocurrency. For example, when Chinese President Xi Jinping praised the use of blockchain and 

 announced the introduction of crypto services, Bitcoin rallied. In another scenario, Ether’s price soared after the launch of 

Range trading is a strategy in which traders determine overbought and oversold levels, which coincide with resistance and support areas, and buy at the oversold area and sell at the overbought zone. This approach is meant to generate decent profits when the price is not trading, i.e., is fluctuating inside a horizontal channel with up and down moves.

Day traders spot opportunities through the minute price movements of an asset, including cryptocurrency. To maximize profits, a day trader usually uses leverage to enlarge their capital. So, to make sure a trade is profitable, here are the essentials to augment the opportunities:

Beginner’s Guide on How To Day Trade Cryptocurrency

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