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Author Topic: Can you day trade crypto, like you can forex?  (Read 263 times)
izanagi narukami
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January 11, 2018, 03:41:50 PM
 #21

As far as my trading experience, crypto trade is far more risky compare wall street trading because the value still too volatile.
Let's compare with wall street trading , you can earn profit because the world issue is green.

My advice, trade carefully because you can loss today or tomorrow or day after tomorrow etc

Smiley
Ankhesenamun
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May 23, 2018, 07:15:29 PM
 #22

Yes, the funds will be credited to your wallet instantly. Now there are exchanges for trading cryptocurrencies and every day their development is gaining momentum, if you have no experience in trading, you can use the services of a broker.
tycsols
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May 23, 2018, 07:32:31 PM
 #23

I think in crypto it is not easy to scalp as their is not that big volume to support the trades like in forex, may be after 2-3 years when the crypto market volume will grow to $2-3 Trillion then we will be able to scalp the top ten crypto currencies just like we can do in high volume forex markets.

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ansi
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May 23, 2018, 08:43:56 PM
 #24

Technically YES you can day / swing trade crypto too like Forex, commodities,... you name it.
the thing with crypto is that you need you order to be filled in order for your trade to start or make profit (when selling). so it depend on supply & demand (ask & bid).

Since crypto doesn't have such liquidity, your order may not get filled as you like UNLESS someone fills it, which is not like Forex where your order can be filled as soon as you start i (that's the only bad thing about day trading crypto). Other than that YES crypto is day / swing trader too Wink
JNR
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May 23, 2018, 09:01:02 PM
 #25

of course you can,
you can use any technical strategy just like you trade in forex
because the charts of crypto is same as forex charts,

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billysaputra
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May 23, 2018, 09:44:39 PM
 #26

Can you buy crypto, and sell it 5 minutes or so later?
Is there a problem with the time it takes to show in your wallet after buying?

Thanks
buy crypto and sell 5 minutes later is very reasonable to do because market crypto always move significantly. so I think trading crypto is better than other trading like forex.
Disclaimert
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May 23, 2018, 09:46:49 PM
 #27

Of course you can, you can trade quickly. but the difference that will be your advantage is very little. unless your capital to trade is huge
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