Swing trading crypto: in Germany every euro counts once annual gains reach €1,000

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Swing trading means holding cryptocurrencies for a few days to a few weeks to capture a single price move. We explain strategies, indicators and stop-losses, work through the fees per trade and show why in Germany every gain becomes taxable once the €1,000 exemption limit is reached.Swing trading tries to capture individual price waves.Add as a preferred source on GoogleFollow on Google NewsSwing trading means holding a cryptocurrency for a few days to a few weeks in order to capture a single price move. You buy after a pullback and sell when the price has reached the next interim high. Swing trading thus sits between hectic day trading, where positions are closed on the same day, and long-term holding over years. For investors in Germany this time frame has a consequence that many underestimate: every gain falls within the one-year speculation period and is taxable as soon as all private disposal gains in a year reach €1,000. Swing trading is particularly common in crypto becau...