Bitcoin Forum

Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.

You should read some reviews about crypto trading bots. From what I know, they do use scalping. But crypto market fluctuates on wider range than Forex, so you'll need different adjustments/settings.
I do not trade, however, so you'll have to research more than just my words.

If you are a scalp trader, it means you have to be monitoring the market at all times, because your profit depends solely on it. Scalping can be viable in trading if the amount you use in trading is really very large such that even your 1% profit is a good sum. If you however trade with small small amount of money, scalping might not be a very viable method to make good profit.

Scalping is one of the ways that the trader uses to make a fast profit. But you need to have more skills to use scalping trade because that will not be easy to analyze the market movement in a short time. If the price moves fast, you can use scalping trade and take profit when the price increase. You do not need to take a bigger profit because that will need more time to execute the trade. If the price can move 0.5%-1%, that will be enough for you to trade fast and as long as that can cover the fee of trading and you can still make a profit, that will be okay for scalping trade.

Scalping has the smallest profits a trader could get compare to swing trades and day trades, so using the term "practical" is not suited for it, "safest" I think suits it the most. Even with the small profits in scalping, losses on it is only minimal compare to the two other trading ways that I've mentioned, in short, we can call scalping the "safe zone" in Trading, in my opinion.

No matter how small it is, if you add all of your profits, it could still be bigger, not that big but better than having no profits at all.

I beg to differ. Scalping is opposite to what you have mentioned "Safe zone", it is considered as one of the most risky type of trading in any assets. Since you have small profits per trade, a single lost trade could make a substantial loss to your capital. Even using a 1:1.5 Risk/Reward ratio is not suitable for this type of trading since you are aiming for a small profit in a short price change, for this reason, a 3:1 RR ratio is effective.

scalping is practical in the crypto world, you will need some tuning compared to forex.

you can decide how much you are willing to loose, in case of drop, based on how long it takes to ear it back. ?

As I have experience on trading both crypto and forex, I would say cryptocurrency market is not different from any other markets hence you can go for scalping when you're good in technical analysis. But, there is one big advantage in cryptocurrency market because most coins are having limited supply hence just holding is highly profitable than any other method of trading.

Obviously holding requires lots of patience and time and when you're not ready to wait then you can go for any short-term based strategy but personally I'm recommending to go for holding so that you may continue focusing on forex trading as well.

I do believe that "what works to you may not work to other people" or vice versa. So maybe you can apply your skills learned from forex and see if for yourself if it works to you. But with the volatility of the market, scalping can also be a great loss. That's why I'm not doing it.

scalping in crypto trading can be applied, but with the movement and setting the option time of 1 minute. even then with a large enough risk. you could easily profit. but you need to examine again that every price movement such as in forex and in the crypto market will be very difficult to match. it is proportional to the risk you will accept. Most of us don't really like scalping trading. to be honest it's not easy. we are more comfortable to trade with much longer intervals.

Yes! Scalping is indeed effective and worth it especially if you already mastered the art of entering on right position and exiting on the perfect price. You can use futures/leverage trading for a greater profit but still in crypto you must always consider applying stop-losses as compared to Forex, crypto can easily liquidate your profit regardless of how perfect your analysis is. You can see other crypto coins that had long sell candle wicks or long buy candle wicks in just a minute. So better be careful and cautious at the same time.

When you are master in predicting market direction then you can go for short-term trading rather than just scalping. I don't think entering at right time and at right price level is not that much easier task as it is all about profitable trading

What is capable of yielding greater profits, is also capable of getting us huge losses.

But, these are usual happening on forex market as well. Still I agree crypto is different because of halving and limited supply.

So a wise thing in crypto trading is, how you are going to make use of unique characteristics (halving/limited supply/controlled supply) of cryptocurrencies.

Scalping (for me) is just another term for day trading and its just that the only difference is scalping for traders is a much more shorter time frame as compared to day trading but for me honestly they are just the same. Asking if you can day trade/scalp in a market is also similar to asking if the market is volatile or not since volatility is key when it comes to taking profit on a shorter time frame. Almost everyone of us know that the crypto market is one of the most volatile markets out there so in short it is a perfect fit for short term traders like day traders and scalpers as they can literally make a profit for just waiting 1 minute or so.

You should keep in mind that the Foreign Exchange Market and the crypto market isn't the same at all. The foreign exchange market is more stable that the of crypto market. Hence your method works better over there. The crypto market is very volatile. Not just very, extremely. You make think you bought at the lowest price, but within seconds you may see other sell orders with even lower price. There are bots that automatically grabs the lowest sell order. You may try those if you are willing to take risk. Good profit, but also comes with very high risk.

Scalping is also variable in crytocurrency trading but it is more risky than forex because crytocurrency market is too volatile you can easily lose alot of money cos of the high leverage involved in scalping.The best thing is to practice day trading in the cryto market and use you scalping skill in forex.

Yes, it is. I've known people in groups that have been doing this strategy. They're likely living on their daily through scalping but I don't do this strategy on my own.
@OP with your experience in forex, I think you can do it but you still have to practice it.

Probably those people might be doing only in spot market with the secondary option of converting their positions from scalping to long term holding when something unexpected happening. Because, scalping on margin trading and shorting will be too risky especially in crypto markets; you cannot escape all the times as market fluctuations will trap you one or another.

So the only possibilities will be, you may go for scalping in crypto markets and if you get profits then fine if market goes against you then you need to be ready to hold without exiting at stoploss; these are all possible only with BTCUSD pair and on spot trading alone.

Well, if they're a real life trader, they can shift from spot to futures and scalp wherever they're comfortable with. It is risky really but if they have much experience and they do it from time to time.
The risk that they're taking is nothing compared to the new ones that are trying to do it.  But in the position of OP, he has to practice first because he might be surprised with cryptos volatility.

I cant say its practical but it is really worth to try.When it comes to movement of prices then no doubt that you can really scalp out significant possible gains compared into forex or stocks which
volatility isnt really that much.

The thing here is that scalping with too much volatility will really be equaled in between risk and reward ratio.In the answer towards your question then it would be good if you do try for yourself.

You cant say something if you dont actually able to experience on making out some scalping trades.Its risky but once you do able to get it then its really rewarding.

Scalping techniques are very practical if you are able to read candles quickly and analyze any price movements that occur. Scalping is widely used for fast trading and getting profits faster with multiple transactions in just a few minutes or a few hours.
I sometimes use scalping for several cryptos with high liquidity and are trending at that time.

Large capital is also very influential for the scalping method. The more capital, the more profit you get even though in each transaction you only get a few percent of the profit.

I agree with you here, the larger the capital you have, the better in scalping strategy. However, since the OP seems to be new in crypto market. He can start small and grasp first this technique using top alts. Scalping method is also common in crypto, and you can accumulate good profits if you know how to strategize. You need to look out for potential coins that will gain their price and that will entail knowing their market. It will take time, it is not an overnight learning. Patience is also needed here.

Effective scalping works if you have a fast strategies in acquiring profits or good approach of using trading plan and technical analysis. It also requires much of your time as you need to monitor closely the market, the charts and the entry points.

However, if you are still new on this kind of trading, you mist practice or consider some long term trading first before scalping. As the risks are more complicated in scalping rather than doing the usual trading.

It is not easy to use scalping trade because we need to think fast about selecting the coin and making an order buy or sell fast. The coin price will move fast and if you can't follow the price, you will lose and will not have a chance to back to the game. But I know some traders use scalping trade to gain more profit, especially in the bullish trend, because they can expect to raise bigger profit.

Perhaps, you need more experience before using the scalping trade as the market will not always move as you want.

It is nice to come to know about you people are already into scalping because in my understanding most of the people here are only into long-term holding by leaving off any other trading methods.

I'm just curious to my about the results with scalping and I may follow you if you're already profitable.

Yeah, today's and yesterday's dogecoin market must be one good example for this. I was expecting doegcoin to be testing lower low but it is suddenly got pumped toward 630 satoshi; highly unpredictable hence just holding seems good option for me.

I guess the best place for you to trade is in futures trading. Learn about these terms and their proper meaning first, Leverage, Isolated, Cross, Long and Short. Scalping is a strategy that every futures trader uses in the crypto community. The market is fluctuating a lot so it will be a harsh tide to ride on scalping. There are trading bots that predict and do trades, most of them are profitable, check them out too..

A highly volatile market is even better for the scalping method, because the price movement will be so fast and the coin liquidity is also large. this will make it easier to do scalping methods with dozens of orders. What becomes difficult because those who use scalping methods are not familiar and have not mastered technical analysis.

Don't just rely on trading bots because trading bots will not always make a profit. There are several bot errors. Some premium bots are also rented at a high price. Manual scalping is better.

If scalping works for you with other assets, then it's worth a shot for  you to backtest it on trading view using the rewind feature to see if things work out, and before you start trading cryptos you need to know that you won't always win your trades because sometimes news affects cryptos, sometimes markets are just manipulated which isn't something new if you have been trading for some time.

You can actually make out some scalping type of trade in typical platforms like Binance on where you can deal off with minimal or in the smallest timeframe which is on 1m and you can hover to other higher tf's in finding some biases for you to make out decisions. Im pretty much aware with Simplefx.

Its true that we should be mindful when it comes to gaps or spread so that we would able to make profits out most of it.

In the question if its viable then of course it is but this isnt something that anyone could handle on. You should be aware about price volatiltiy and also be mindful that technicals isn't always precise for you to rely on them.

A guy that came from forex can easily handle the pressure in futures. But still, he may be new to it and has to practice through spot trading first and he should scalp there instead of future.
But once he thinks that he's prepared and ready to take on the next level, then that's the time that he should try himself into futures.

The people who hold the long term certainly have their own strategies and it is their own choice. Scalping is only one of the quick trading strategies that can be used to double your profits better. However, before scalping there must be financial preparation that is not greedy, good capital management and follows the strategy that has been compiled.
The results or profits of scalping are quite good, but don't follow me because the scalping method is a fast method, you have to learn to read candles to analyze the coins you want to scalp.

depending on how deep your knowledge is about technical analysis. there are many scalping traders which are doing well. what i know about scalping is that you must be careful about trend, scalp on small time frame and take your profits without greed.

As what I have mentioned, I scalp on Forex markets, and I have made decent profits after finding and backtesting my strategy for 7 months, and I am pretty sure that I came across these terminologies. However, I am talking about the Forex market, and the crypto world is a much younger market with a higher volatility. Besides, I am still not familiar with the crypto world and I still need more research.

Scalping in any assets requires years of skill developing. When you scalp, you need to watch the chart all the time. You also need to know how to read candlestick patterns (I prefer Japanese Candlestick patterns). If you are good at price action with a strong foundation of fundamentals in key levels. You can become a profitable trader but, even if you have everything in your arsenal, you can still become a loser in the Forex market since your biggest enemy is your mind due to the fact that Scalping style of trading is fast, and you are like in a roller coaster of emotions. I don't know if this is the same in the Crypto World but I think it is. 

If they meant "copy trading" with you then I guess that will not work for the case of scalping. Moreover, I understand hat they are interested on your methods of scalping if you are making profits through scalping in consistent manner. I guess that major cryptocurrency exchanges are yet to introduce copy-trading facility. So, just following for knowledge level alone possible as far as I am concerned.

I never like to trade in short term based methods hence I never considered scalping as one of method that I want to trade with.

Of course it works, what happens is that in the Bitcoin market there is an ingredient that very few know how to deal with and that is the volatility of the market, sometimes luck may be with you and help you earn much more than what that is predicted, but it can make you lose very quickly, but because there is a lot of movement due to the fact that bitcoin is currently having a very good recovery some alts are also doing it, and in the short term the market in general is very good, it looks with a big rebound.

The bitcoin market is very different from that of forex, stock market and any other, because the logic is very different, you are used to scalping with actions that have guaranteed support, in the bitcoin market the support is supply and demand together with blockchain technology, however the technical analysis applies with all its logic but applying the knowledge of the logic of bitcoin and altcoins.

As I am unable to make quick trading, I guess scalping is not my cup of tea. I'm just preferring to analyze market slowly and then taking decisions on my own time so that I will not be missing out on anything. This way I am very much comfortable with long-term holding kind of bitcoin trading.

Even I'm good at technical analysis, I'm not in hurry to make more number of trades. I believe being slow while making trading decisions is helping me to avoid any unexpected mistakes which are core reason for losses.

Yeah for those traders like you who are very conscious about avoiding mistakes then it would be better not going for scalping. Scalping is kind of betting/gambling. You may win or loss at same probabilities and if you make any small mistake then you may lose that trade very quickly. So, scalping may remain profitable for the traders who  are good in every aspects of trading.

I tried scalping many times in both forex and cryptos but I am not comfortable for unknown reasons like I feel too nervous sometimes and I am getting panic as well so I just discontinued scalping after few tries.

How much seconds do you even typically have to do scalps?  I mean i hear ppl have bots doing it so wouldnt it mean its impossible for someone to manually scalp?  Also i got to assume to do scalps, you have to put money on shady exchanges?


Can't imagine someone having money on coinbase/gemini/kraken and binance could do this?

By Scalping I am assuming you mean even a minute movement on a chart whether it is even 0.2%? This sort of strategy I think is best suited in Cryptos as they are quite volatile and might give you a higher %age change on each move but this might not be possible by manual orders. The market is too volatile with huge volumes on big exchanges. Moreover, market whales and Exchanges use manipulative bots which create and destroy buy/sell walls based on your orders. To defeat this type of system you would need a bot for yourself too. So This type of scalping is possible only by using bots to trade. If you ask me for recommendations for existing bots. GunBot is one which I personally just tried once. But to be honest I won't trust my capital in hands of a third-party bot so try to get a bot tailor-made for yourself.

It's better if you check for the fees you'll be charged on both maker/taker side before starting with scalping crypto. One of my friends does that and he makes good amount of money but for him to be able to do that, he needs to look for sure trades which will give him both, his fees that will get deducted on both ends once he opens/closes trade in 5-10 minutes and the profit over it. Assuming that your profit margin is not too big, you can set targets where you want to close your position and then you can quickly close your position.

I think yes because the volatility of the cryptocurrency market is quite high and the transaction costs can be drastically reduced if you use a trading platform with good fees.
Binance is one of the cryptocurrency exchanges with hierarchical transaction costs, they also have futures trading. So these will be favorable conditions for Scalping traders.

I guess these days there are few solutions available for higher exchange fees; before exchanges followed volume based discount for traders but nowadays most of the exchanges are having their own tokens/coins and when we are paying with them then we can get less fees. Still, I agree if scalping is not producing slightly bigger profits then exchange fees then there will be no meaning of getting into it.

I tried scalping before but concluded long term trading is better and convent in both profit levels and stress-free way of trading. Scalping requires lots of hours to sit in front of computers hence it may not be suitable for those day-job goers.

I'd give you an example of not too far ago.
Just a week back, BAKE (BakerySwap) tokens were on their dip with BTC falling, and they were being sold for $1 each. Today it went high as much as $7.45 a few hours ago which makes it to over 7.45x on a week hodl. Do you really think scalping can give you such huge returns? There are many more examples like this one but I don't want to make it an altcoin related post.

I'm neither endorsing any coin nor asking anybody to invest in it now, it's just an example I gave to compare it to how scalping works and how much profits can it give, because in scalping, a trader looks for zero losses with a bit of profits in least times (in like 5-10 minutes trade) and it won't give you any major profits because you try to make an ocean with drops of water and that's not possible.

One of the considerations when you do tend to scalp is to mind off about the fees but taker/maker arent really deducting that big and one of the common concern would be rather into those withdrawal fees though.

It does depend on how much you had make use as a capital or on how big you do make on each positions that you do have and about the question if its still viable then of course it is

just depending on how you do it and not all traders are really that good on doing this because you would need to deal with active movement of prices.

Scalping is good if you know well how to manage it properly dude, but if not, I suggest you not to implement it in your trading activity, due to for sure you will end up only for loosing your assets. Meaning, it could be bad or good depending in your skills or knowledge. Therefore, scalping is viable for the experts only.

The bitcoin market is much more volatile than any other, anything is possible to happen, although the technical analysis usually fails 80% if you do not have the proper criteria, it may be that with "scalping" you can lose everything if you analyze the market with the same forex techniques, stock market, because the logic of cryptocurrencies and bitcoin is very different.

I would not venture into "SCALPING" in a market where I do not know it, I advise you first to read a lot about the logic of cryptocurrencies, what affects them, and what movements you should be careful, such as if you enter an altcoin you should First check the price of Bitcoin and analyze it because all the Altcoins depend on Bitcoin.

To be honest I want to try scalping now so I have the same concern as you. But when I conducted research about its advantage and disadvantages, it will require me to monitor the market every minute because I may missed the price rise. In addition, emotions must also be set aside because it may affect in the way of making sensible, logical decisions. I also asked someone, he said it still requires analysis.

They can especially on Binance, anyone with the knowledge could scalp newly listed tokens and come out successful only if all the decisions he/she takes favours them. Why I'm not a huge fan of scalping is the disadvantages of losing all or almost all the profits your have tried accumulating over the period of trade for the day.

It's fine when you're profiting but becomes ugly when you're losing. Instead of scalping you can simply swing trade. Investing is another profitable strategy to embark on in the industry, it has less risk and higher reward compared to other strategies out there.

That's really a requirement when you are doing scalping. You must be there from time to time to monitor the prices. Because if you don't do that, you're not scalping but instead you're just positioning.
But regardless what we call it, do the strategy that will make you comfortable and at the same time profitable.

scalping does require special attention. but we can place take profit and stop loss if it is not in front of the chart. and as long as I do, I only see the formation of candles every hour, so I can still do other activities without having to think about the market

You mean binance.com or binance.US?  So you do it on binance but the other exchange would be which ones?  The US ones i listed such as coinbase/gemini/kraken or other ones?  Got to assume its not that popular ones.

Yes, you can add that for making sure that you'll be able to reach those limits that you set. But it's still needed your time to be focused with as you follow the market.
And you're going to be hands on with your trades and that's what trading really is. You're better checking it from time to time and if you have dedicated time doing it.

If you have an established system and you understand well what you are doing, it's good to have this feature in order to do something outside from your trading acivities.

It's good to have this knowledge as trading always a matter of timing and good analysis, with your anticipation and whatever pattern that you'll using, placing your stop loss gives you the trigger that you are aiming.

Risky for those who don't have the knowledge since there's heavy volatility that you need to anticipate.

I don't think anything there in scalping strategy to manage properly because it is kind of quick buying and selling and cannot make use of any strategy due to lack of time to take proper decisions. In my opinion, scalping is nothing but blind way of trading. Moreover it can be compared with the way of gambling.

Yeah, scalping is just a way of gambling to test your luck factor. If your trying for 100 times, and if you are able to hit profits for at least 50 times then I guess you can end up your day in profits with scalping strategy given that you are paying least to no fees to exchange/broker (I heard some exchanges are offering huge discounts when you show good monthly volume).

everyone has their own strategy, some are really happy with the scalping method using a 5M -15M Time Frame and there are some people who have slow trading strategies or with a more relaxed tempo, above the 15M Time Frame.

I actually don't always use scalping methods, but only under certain conditions. All the strategies I use, the most important thing is to generate profits in every transaction.

I believe only over the course of experience traders will be able to make use of all kind of strategies because I tried to have multiple strategies in the beginning days of trading but none of them were profitable for me and then I switched over to only long term holding and I never tried scalping in my life. I am just afraid of all short term trading strategies.

I am honestly comfortable with my long term holding not just with bitcoin but these days I'm making good profits along with my dogecoin holding as well ;).

Well scalping is another different way to make small dollars in the financial market but when it comes to  crypto, there is a little differences. When it come spread, it quite Wilder when compared to currency and pips calculation is also different because of the value when compared to price.
So you will need to adjust some certain things when it comes to trading Crypto.

with scalping we will get a lot of profit in a fast tempo. but to achieve that result I think we must have high skills about scalping. with scalping we must be more disciplined and use high concentration, because it takes advantage of small opportunities to find cuan

it's viable but this is if you are up to grab thousands of the coins to which you also need to have more than millions of them. this is why doge was a good coin to trade back in the days when its price was less than a cent.

one could probably accumulate more millions of doge that time on the 5minute chart when you just know how to read the charts. but if you don't have enough capital to do this, might just do the leverage trading.

Right now, I am into scalping with dogecoins; it is really exciting and highly profitable. I am making use of simple technical as of now, I am just following 30 days moving average along one hour candle stick and time to time I will confirm my buying with four hour candle stick as well. When we are having confident about strong bullish market then I guess we can make use of any strategy as base trend will get you profits regardless of where you are buying or selling.

That's a great strategy. Right now, I don't trade Crypto's because I am currently trying to understand the market's behavior. Usually when Scalping in Forex, I also use a 200 Exponential Moving Average to identify the current trend pair with the MACD indicator to measure the strength of a trend. I scalp on 15 minute charts for more entries.

I just discover scalping lately. I don't know but I like its way of earning in short term. Then I noticed one of my friend is doing this. I'm kinda curious so I asked him how does he make profit out of it. Then he said his target was 20% gain before going out the market. But there are times he holds the coin longer than he expected because of the unpredictable market. Stop loss is also not in his line. He sometimes earn, sometimes unexpected comes, sometimes lose. I guess the strategy itself is OK but requires much deeper analysis.

yup that's true its actually need more time to monitor the graph.. For me its like for day trading. But unfortunately here in crypto if you used to follow that scalping methods seems will not work because the pattern of crypto currency is different.. Perhaps yes there's an adjustment but i don't know if its accurate like other tools that almost can predict the movements of the candle sticks in the graph..

When you are good at deeper analysis of markets, then I guess you can go for any kind of short-term based trading. Because only for catching small trends, we must need to be highly skilled in technical analysis (for the same reasons we do not need of any technical analysis skill for long term holding).

Scalping will be good in cryptocurrency markets if you are able to continuously watching market and able to be trading for long hours along with good in technical analysis.

Well I think day traders are mainly scalpers because there don't stay long in the market, there jump in make some profit and there are out, to scalp you need knowledge of technical analysis so as to know when to jump in and out and also too be much more profitable you need a large capital so any slight movement fetches you a good profit, on scalping you need to be present watching the price movements so as to be able to execute trades as well but for me I prefer swing trade to scalping, because scalping requires time and focus and me on the other hand got a lot of things to do.

- My feeling about the leverage is a bad plan even if we adjust it to the lowest level, all the pressure to buy and sell does not make us safe, especially small coins like doge, it is really a kill of those who like to trade with the leverage, too little capital should not risk this way, we can follow the usual hold strategy, profits will also come in the most conventional way. For the scalping strategy in this market, it is only viable and the real potential when it falls into the right hands of professional investors and traders, they know how to read small charts and process data

Yes, it is all about how effectively you interpret the small trend of market movements. This is the reason, we may not see many traders are profitable in scalping as it requires more in-depth knowledge about market and trend which is not an easy thing for naïve traders. So, only after gaining experience anyone may try going for scalping.

If you compare scalping with long term holding then you may not prefer scalping as it involves lots of hassles. But, you can enjoy quick instant profits in scalping whereas long term holding will delay your party.

There is a type of scalping that is similar to what Jesse Livermore did in the 1800-1900s, which consisted of protecting his positions, currently I have seen this strategy which seems very reckless and aggressive, it consists of placing a position in "LONG "when it is determined that the price will move in that direction according to technical analysis, and is protected through a" leveraged short "in case the market turns against it.

The only advantage that this type of trading has is that it is in the market all the time, any movement can be taken advantage of, but the cons are that it must be on the PC very aware without moving, only very alert, of course these movements they are effective when done with a lot of money at stake.

But, I am not ready to consider the advantages we can enjoy with scalping but I do bother on what are the difficulties I may face if I choose scalping as my way of trading.

1. I am not ready to watch market screen all the day.
2. I do not want small profits even it happens multiple times a day.
3. Even I am good at technical analysis, I do not want to risk against bitcoin's volatility.
4. Multiple trades may lead to big exchange fees unless we are having top tier benefits in exchange fee structure.

I am comfortable with long term swing trading and as well with long term holding for years to get me decent profits after years long holding. So, scalping is not my cup of tea as of now. Probably in future if bitcoin market trades with less volatility, I may consider it.

It's very important that a trader that does scalping is active in the market and watches it from time to time. And you're right that day traders are also scalp traders because they're trading to make profits from day to day or even from hour to hour.
That's their strategy and if they've been doing that for a long time, they're really good traders and experienced.

This is a free market so any trading strategy works, the only thing you need to do is to adjust your strategy based on the differences between this market and other markets like the stock and the forex market.

The main characteristic that defines this market is its volatility, a scalping strategy can work but you will need to be more careful as it is going to be difficult for you to execute your trades fast enough as sometimes there are very extreme movements that happen in just seconds, so you need to either adjust your strategy to account for this kind of behavior or you are going to need to improve your execution.

If you really can make profit and comfort, i think just use it. Scalping, day trading, mid term trading or holder, anything as long to make people harmed can be used in trading. Each people have their own way and not be a problem for others. Like me, i can't do day trading, or even scalping, and as long holding made me better, i choose holding as my trading strategy.

scalping involves you to be conversant with a particular coin movement and trade it on lower time frame. in this case you have to stable and fast in trade because of volatility and use stop loss.

the main purpose of trading is profit, and everyone has their own style, as long as they are comfortable using it. but for beginners I suggest not to use scalping right away, because it takes up time, thoughts, and psychology. we have to be patient to reach that level, and most importantly practice continuously

Even scalping requires lots of your efforts, there will be no guarantee to make profits consistently out of scalping. That is the big problem with all kind of short-term based trading strategies. I never recommend scalping for any trader regardless of their level of experience in cryptos because I have seen even professional traders are not going for scalping due to its high levels of risks.

Moreover scalping can be good for traders in the case of they are trading along with bots or having strong analytical skills. As of now I'm not into any kind of short-term trading but only long-term holding.

While it is obvious that the goal of every single trader out there is to make a lot of profits at the same time they can pick one of the many methods that exist and select the one that makes the most sense to them according to their level of experience, skills and personal preference.

But of all the trading styles scalping is probably the most difficult to execute correctly in this market, the sheer speed at which this market moves makes it almost impossible to execute the strategy in a correct manner and it would be better for traders to use another strategy or to create a bot that trades for them.

Of course, scalping in cryptocurrencies is not much different from scalping in forex. The main difference is that you have to focus on slightly different indicators and trend lines.
However, in general, cryptocurrency is even more volatile than the stock markets, which means it can be scalped more actively due to the great opportunities.

Based up with some observation about technical indicators which is gradually tending to be more effective than in previous years which does indicate that there are more traders that
do really make use of this thing but it doesnt still give out the guarantee that it could really be precise. Scalping is the most  riskiest move to be done since you would be need
to deal with moving price on an active manner unlike when you are just holding off your coins and wait up for some movement or chance to profit for you to sell.

I have been using scalping, it is wort to apply on crypto daily trading. But you must know when to use it and what crypto coin better to choose. I noted not all crypto coins can use scalping, some crypto coins are not effective to trade with the scalping method. I usually buy an altcoin with high volatility and move the price fast daily.

Scalping is viable in cryptocurrencies. It's risky and you might lose more than what you can earn but it is possible. The market is continuously fluctuating here with one or the other fuds and fomos coming around everyday. If you're fast enough and get the news before a large group of people then you're bound to make a profit in scalping.

Agree, Scalping can be used in Crypto nowadays but the high risk to be taken is the best way for you if you want to use Scalping. With high risk as well as an advantage that is not surprising at all because the price chart is not optimal due to monitoring at a fairly low price. But if someone is focused on just seeing the movement then it's time to try it out.

Scalping is a good way to gain profits from short term price fluctuations. Scalping needs some good fluctuations and crypto market is known for that.
But the thing is that you will have to be really good at it and determine your strategy from various timelines.
It's a little difficult to predict in which direction the crypto trend might go.
You can keep monitoring the current crypto market and see if your strategies are working well for you by putting in a very little amount.
Practice for a while and see if it's good for you and then you can decide how to proceed.

You need to engaged yourself in this kind of strategy, scalping is good if you are very familiar with certain events. Crypto market is a well known place for high volatile movements.

Earning is very possible using this method if you know how to position yourself, timing is very important and it can be gained by keep practicing.

Small amount of losses but the learning that you gained is well enough to comeback much better day trader, all depends from you.

Scalping isn't something simple that everyone could able to do so because dealing with moving prices in active manner isnt simple as it sounds.Lots had tried but only a few would able to survive.This is high risk but once you do take a grasp then it is worth it.Even myself still struggling on doing this kind of method of  trading thats why im sticking with swing and a little bit of hodling on some coins which seems to be worth.

Scalping requires good skills in monitoring the market and its rewarding as well especially if you manage to get in and out as early as possible to secure your profit. I see the success of scalpers on many shitcoins in the past days, that could be the new place for them to make profit.

Indeed! Scalping with memecoins these days will turn to be a profitable one to many traders.
However, they need to be smart about it, else, they will be rekt by these coins.
As this new memecoins are going to be a hype for quite some time, users should remind themselves that this will not be long.
So as much as possible, they need to get out once they are already in profit.
Projects like this can go down hard very easily. And the respective dev team can disappear anytime.

Yes man, scalping works very well in the cryptocurrency market, same way that it also works in forex trading and the stock market. And also you're right, mostly what you need for scalp trading is technical analysis, because what you're doing is that you're trying to be taking profits from every small move the market makes. But there are still times that fundamental analysis can come into play and help you profit from cryptocurrency as well.

Although fundamental events are not things that happens immediately, but this analysis is going to play a part in helping you make the decision for your next coin to trade. So it's good to have an understanding of both and know what to watch out for, that way you can profit from both ways, it's really important. This shouldn't really be a question for you since you have said you're into this type of trading. That's not what I am into, I am mostly a long term trader.

I don't think that is right because in cryptocurrency any token can move in any direction and all the analysis you do can mean absolutely nothing because there are still big whales in the market and no matter what you predict and analyze they can always turn the tides. Such techniques are more viable in the stock market where the stocks will not be manipulated and the market volume is enormous. Crypto trading is more suited for high-risk and high reward kind of traders.

It's not little but absolutely impossible to predict the market movement because of the nature being decentralized anyone can manipulate the market without being identified. I don't have a problem with the market being so volatile but it is impossible to predict the price of almost any token. For long term you can easily predict but short term no way.

Even though it sounds very difficult to make something profit, people still try it even though they already know the information about the difficulty of scalping. You can be an example to keep doing it even though the risk is too big to be taken. That is the principle of humans who have been told about the big risks before stepping, but humans still try even though the percentage of success is very small. But if you already feel a loss in yourself, you just stop or leave the thing.That was the high level of curiosity.

That's right and usually for scalping the best possible coins are those which are at least among top 100 in the CMC. With low-ranked coins you are always at the risk of losing everything. For example someone might apply scalping on shiba token which recently gained a lot of growth but it is risky because such tokens are meme and might become dust any moment.

Scalping or low margin trading is easier when you do it with dominant pairs like BTC-USDT. Recently when Elon musk made a tweet that Tesla will no longer support crypto payments for their cars, you can use such an opportunity and sell the BTC at market price because such news will temporarily bring the price of bitcoins down for sure.

In my opinion for crypto trading, we should be more focus how to determine the trend of market and fundamental of crypto. In bullish season we can make like 10-20x profit only for holding for afew month, so why we spend alot of time for scalping if we possible to gain bigger profit only for hold for afew month. This way is free from stress and tired. We can do scalping if we trade on futures market or margin trading but the risk is higher.

so you wana try to trade in crypto ?
 good but i think theres no big difference in trading a crypto from other trading markets because the basic objective here is to buy low and sell high to be able to earn a profit .
you perform much better if your a fast moving trader because some coins could dump and pump verry quick and most traders here can easily benefit from the low price than when the price is high . using one kind of analysis is better than not using any at all but you can learn the other one if you think this can improve you

What's the most distinctive aspect or even indicator for scalping TA?

oh of course it is very practical, because scalping can make you get profit on a daily,
but for the spot market scalping cannot be done continuously, because we have to look at the market situation first,
play on Binance futures, then you can scalping on a daily with minimal capital.

I have experience in scalping cryptos, especially BTC. I can say you should NOT use leverage higher than 20x (if you are experienced, otherwise do not do this at all) and should not risk more than 1% of your capital per trade, or 2-4% of your capital if you do hedging at the same time on another account. However, if you hedge on another account, you should know when to start hedging (otherwise you will unnecessarily cut your profit or even make a loss), how to scale your both positions to get a profitable distance of the entries in each position and a few other things. I can't explain in a few sentences as inexperienced traders would still fu*ck up this, and experienced ones will know what I mean or will get an idea and figure it by themselves.

I used to use the leverage of 50x and was doing great (in normal days, including the days with high but normal volatility). However, when the idiot (Musk) starts his Twitter BS then you lose your position if you are on the wrong side as in such cases (when the price move 3% or more percent in a few minutes) you can't protect yourself in time when trading with 50x leverage. So remember, DO NOT USE LEVERAGE ABOVE 20x (if you are an experienced trader, otherwise avoid scalping crypto or use max 5x leverage and have a good risk and money management).

Regarding stop losses. There are a bunch of advice that you should always use the stop loss, even that it should be tight. Well, some wannabe traders copy/paste trading advice that they found on the Internet without realizing that those advice was written many years ago and mostly for some low to medium volatile markets, definitely not for BTC and other cryptos. If you plan to scalp crypto and use tight stop-loss then good luck as you will most likely be kicked out of your position even before the price action has started. I should mention that after you are out you will then see the price move in your predicted direction. Then you will try to reenter and will experience the same thing. After a few hours you will realize that you lost a few % of your capital only on your stop losses that should protect you, not harm you. The solution is to learn how to trade properly, when to enter and when to exit, where the price could possibly retrace after your entry (that will still not be dangerous to your position) and till where you may scale, when it is reasonable to stay in a position that is in loss and open another hedging position and when you must exit right away without trying to save/protect your position in any way etc. However, do not avoid SL totally. Use it at a fair distance of your entry, closer to your liquidation price than to your entry. Instead, use proper money management. Regarding liquidation price, beware that when the price start movinge widely some platforms will have a huge distance between the mark price (the one that usually activates liquidation) and the last traded price. I have seen the distance of even cca 3% of BTC price. That is rare in general, but not so rare in the moments of wild price actions. These days it could happen again anytime.

I personally use several accounts at the same time. One is my main account and I use it for a combination of day trading and scalping, the other is for hedging, the other is for quick scalps only and one is for swing trades when I am confident in a bottom or top. The leverage is not the same on each account, neither does the amount I use. When I trade, I do monitor the market constantly. That is my personal strategy that works for me, but you should not copy it if you are not used to it and don't know to read the market properly (and are not able to monitor the market for hours and updating your turbo short-term TA a few times per hour) as it is not loss-proof. I still lose sometimes, but in general is good and much better than when I used 50x leverage (as then I had some big losses and now I am preventing them). However, trading is risky in any way, so beware ;)

I personally like EMA 20, 50 and 200 and watching for crossings. I also like RSI, stochastic, TSI, MACD and even CCI. I have my own adjusted settings on each of them. However, you must watch for the candlestick patterns, key daily and local levels, chart patterns (local and daily, sometimes even the longer ones as they are coming near to activation/execution), potential breakouts (small local ones and the stronger ones) etc., all at the same time. Only EMA, MACD, RSI or any other indicator could easily fool you and make you lose. Day trading (including scalping) looks easy, but is actually pretty hard and even a long streak of profits (especially when if beginners get lucky which is not rare) could be quickly wiped out if you are not extremely disciplined and careful and especially if you do not know what you are doing.

The use of technical analysis is very useful for scalping cryptocurrencies, because scalping requires reading charts and candles to determine the right exit and entry to profit. The scalping method is very good for those who cannot hold crypto assets for too long and want to get fast results.
I also like scalping methods with small but frequent advantages.
if the capital is bigger, the more profit will be obtained.

for those who are experienced in trading, scalping techniques are perfect for those who want to get results quickly but can be done many times in a short time. but for beginners scalping is not an easy way, because they must be accustomed to receiving profits and not being greedy, and must be able to accept losses if the analysis is wrong. it sounds simple enough, but not necessarily everyone can accept loss with discipline

The cryptocurrency market is highly volatile so Scalp trading is completely applicable. You can participate in bottom fishing when the market crashes because they happen very quickly and the profits are very good. The strong volatility of the market requires you to have constant observation and place limit orders to take profits, cut losses reasonably to avoid the risk of loss in trading.

For scalping in cryptocurrencies, we can do it on the leverage trading so that we can earn profit from long and short, just like on forex trading. There are many platform of trading futures like Bitmax, Binance, Huobi, Okex etc. But if you want to trade forex and cryptocurrencies at one platform, we can trade it on the Metatrader4 because many forex broker offer pair of crypto, like FX open, which the crypto pair there open 24/7. In this broker also available others asset to trade, like USA stocks, commodity and other

For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only.

I use to scalp on 5 minute timeframe using cross margin via Binance I spent maximum of 3 hours per trade using RSI and Moving Average indicator+ trendlines though I am still practicing with a small amount of fund once I was able to grasp the whole strategy I will increase my portfolio however I tried to scalp with a 1 minute time frame I couldn't cope due the high volatility of the price I think it would be quite difficult and tasking to scalp using that timeframe I don't know if Bot would be able to work with that timeframe unlike forex trading where the price though has volatility too but not as high as that of cryptocurrencies

It won't be for newbie anymore if that newbie gains experience as he do scalping. It's not really for the newbies because all they know is that trading is easy and can be learned overnight. And that's a wrong mindset and belief because it takes time and patience before they'll manage to earn good amount through scalping. As long as it's on spot trading, they can learn it through time but it won't be that easy if they won't have experience including the possible losses that they may incur. But with that, they'll gain knowledge too aside from the experiences.

Better to skip out first on doing scalping when you are still a newbie because this is something that noobs cant deal off since this would be talking about dealing with active price movement.
Try to familiarize and gain experience through spot swing trades before tending to scalp because this is way more riskier.When it comes to relevance of scalping then it is somehow
working as of this moment but not 100% precise to predict on unlike before where TA analysis arent really somewhat followed by price but now it seems
it do changed a bit but not really that on precise manner which is understandable.

Of course, scalping is highly possible. Even from your description in the OP, you're already doing it. So, why do you still doubt it? I trade but I'm more of a swinger. The issue you're going to have with scalping is that you will constantly have to be on your app or system monitoring trades. It takes more of your time than day trading or swing trading. Another defect is that a lot of bots are structured to also trade the way you trade. Once an order doesn't get quickly filled to hit a TP, it could easily revert to take one out by hitting the SL nor continue to run in loss. It will be a better choice to go into swing trading if I were you.

Similar to other trading strategies scalping requires you to be on it 24/7. The more time you spend researching, putting your trades in and getting them out at the right time the higher the chance of minimising risk and increasing your rewards.

Scalping is both valuable and applicable to crypto, it is just a matter of finding a platform (Binance usually works well) and getting going. It is a little more stressful but it can be done.

They will not be able to contain the emotion if they do scalping and if they're targeting a certain amount within the day. There were experts that can do this everyday and I personally know someone who does this and it's already a career to him. But even though he's really a good trader and scalper, sometimes he's losing $2000 within a day and he's able to recover that within a month. While the rest of his trades are profiting around $200-$1000 a day. And with that amount and capital, newbies really can't bear the risk losing that amount within a day or in split seconds.

Correct! scalping might have more stress as you keeps on playing with timing, the more  you engaged the more you needed to keep your eyes inside the exchange to call and take your opportunities.

It's usually been used by experienced traders who deal with kind of trading strategy for longer time frame, they managed to understand the possibilities and they taking the edge out of it.

Decision making is very crucial each time you take your place, always do your DYOR before hand.

I do agree, its just really dangerous when we can't really see how far the dip gonna go same to the pump as well, scalping in crypto is basically making frequent small profit with big risks
i would just prefer to hold instead of scalping due to the stress as well but I heard there is bot that allows scalping without us need to monitor 24/7 though we need to configure it
at the beginning. I'm curious if such bot could somehow make decision based on technical analysis or not. I heard many people uses bot but never actually got more detailed information so I'm curious
and it's different than the usual rather less intelligence trading bot.

Indeed, there are several kinds of trading techniques. Some people say I know scalping techniques. But if I observe this and I do all the trading techniques everyone can master. It's just a matter of wanting to learn. Because of some of the trading techniques I did, this resulted. One major factor, is the control of soul and emotion. If you have mastered this, I think you will not regret it excessively. So the key is to keep learning.

psychology is really needed in trading. especially for scalping which requires a high level of discipline. indeed this can be trained, and must increase trading hours, because intuition will be formed as we enrich the experience. but I think this technique is not suitable for beginners

Scalping is a way for traders to profit from taking advantage of the volatile crypto market. But scalping has a very high risk, it is not recommended
for newbies to do it. I agree that scalping is too complicated for a newbie to understand, only experienced and well-analyzed people can do it.
Moreover, to be able to maximize profits from scalping, we have to spend a lot of time monitoring price movements in the market. So the conclusion is
that it is not easy to make profit from scalping, I myself have been in the crypto world for a long time,  strongly do not recommend doing scalping,
it is safer to just hold the coins that we consider potential.

Here's something I don't tell a lot of people. Every time I get USDT and I want to sell it, I always put a limit order sell, for a price just a few points off the current one.

It has always hit. So I try to sell for a higher price to cover my fees of exchange and withdraw. Always works. Takes time.

Imagine scalpers doing this every day constantly across exchanges.

It is indeed applicable to crypto too and the good thing is you don't have to worry when to start since crypto is 24/7 open compare to forex, stocks and options. Since we are talking about crypto scalping it best if you don't leave anything in the highly volatile coins the moment you are finished as it might be drained or liquidated.

I think you'll catch in no time because there's not much of a difference to trade it and the good thing is that you can set up an account in minutes or even hours with just minimal KYC especially to some centralized exchange (e.g. Binance, OKEX etc.)

if you want scalping in the crypto world you must use futures trading,
because there the liquidity is very high compared to the spot market, in the spot market you can also scalping,
but scalping in the spot market cannot be done continuously, because the price depends on demand

Of course you need proper and very reliable analysis if you want to do scalping, if you look at the fact that you are already used to it, it is clear that it can be done well.
it is true that our colleague said it is better to look for very high liquidity because it is clearly more promising.

but myself compared to scalping, I prefer daily trading even though it looks almost the same but I am more accustomed to daily trading than scalping, again it all depends on the habits that have been done, the most important thing is profit even though scalping may be more promising.

Scalping can be feasible in exchanging if the sum you use in exchanging is actually quite enormous to such an extent that even your benefit is a decent aggregate. In the event that you anyway exchange with little limited quantity of cash, scalping probably won't be an entirely practical strategy to make great benefit. The vast majority of us don't actually like scalping exchanging. to be straightforward it is difficult. we are more agreeable to exchange with any longer spans.

in the world of crypto scalping is very practical, and very easy to apply, but indeed technical analysis only works 60%,
the rest is about news, FOMO and FUD, if you can read technical analysis of course why not try it?, try it,
you can trade on good exchanges like Binance or Bitfinex, there you will be comfortable to trade

60% or less but having technicals is just a better choice or tools that be used rather than guessing price directions without any basis because that is just simply talking about gambling.  8)

Thing here is that it is way too stressful since price swings here on crypto isnt similar that you can find on forex or stocks where movements are way too minimal.You should change up in terms of stop loss and take profits tools into higher extent.

Its hard but not impossible for you to make money if you do just know on how to play with those movements.Profitability will always vary
on someones skills and experience.

Not easy.

I've done it and you need to be experienced in doing so. Not having the experience of doing it before and without several tests to commit a perfect trade in scalping, you'll not be able to say that it's easy.

Those indicators of news and FUD are really going to play a big factor for your decision making because it affects the market and the coin you're scalping.

Trading is the same whether currencies, metals or crypto has you have put it,and for you to be a profitable trader you need to know what affects it...news and all that.

Once you have this information your trading system has to be one you have used before, you know what manipulation looks like on the chart and all that then you can scalp away.

Trading is the same, but in crypto, volatility is a lot higher! And crypto is growing every once in a while... so that high volatility, with the fact that some coins are reaching new ATH prices every few years, making crypto to be traders dream! You can literary apply so many trading strategies, because the price is making crazy moves, sometimes on a daily basis!
Of course, crypto is great for other reasons as well! But I think here is the point about how can you trade with crypto, and I believe if you have some skills and patience, you can make a nice profit with any strategy!

scalping is profitable, and very fun, but it's good to do it in the forex market, not in the crypto currency market,
because 2 years of experience playing scalping in the crypto world still can't understand the market, b
ecause high volatility makes profits inconsistent, but it only took me a few months to be consistent in the forex market, and this is the difference!

we havent regular news in any hours , everything realeased suddenly so we will see spike candle. scalping in crypto market will not different with in forex market, as long as we could identify valide support and resistance we will find good opportunity to earn profit. if we find sideway market , in my opinion its better .

Very high cryptocurrency price fluctuations make profits can be obtained quickly and vice versa. There are many strategies that can be applied in crypto, especially scalping which is very profitable if you are able to apply scalping techniques properly and correctly. It takes chart reading to enter and exit the market. Scalping will provide instant profits and is done repeatedly. Take as little profit and as often as possible. scalping can be applied in 1M-5M Timeframe.
but it should be noted, scalping also has a risk of failure. the need to learn about technical analysis to avoid losses and be able to read market conditions correctly

I haven't found scalping in crypto to be much helpful. In forex you have ability to sell large chunk at preset price without compromising your order by selling in small pieces. In crypto, order book is filled with small orders and there is large fluctuation in price and you lose some of your investment in fees even while scalping.

Start with small amount to see how it goes.