worldtraveller321 (OP)
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The Quest of the Best Information to the Solution
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December 29, 2017, 04:55:27 AM |
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Having been doing the crypto investing and trading for 2 months now. i am well into it. i never ever really got into stock trading much, other then long term or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format? what are the similarities and differences?
look forward to all your kind replies
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worldtraveller
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globalcitizen
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Decentralized global citizen and crypto-preneur
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December 29, 2017, 05:31:16 AM |
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Crypto trading, stock trading and foreign exchange trading share a lot of similarities with some few differences and you can make money trading on either of the markets if only you understand the technicalities involved. However, I have observed that crypto trading can be more lucrative and rewarding than the other two, perhaps due to higher volatility and less technicality involved in the crypto exchange market. There are other comparisons but I leave it for other professional traders to point out.
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bitcoinking11
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December 29, 2017, 05:41:20 AM |
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Crypto trading is risky but more profitable than stock trading or forex trading. I think for long term investment stock trading and forex trading are better.
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Thanasis
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December 29, 2017, 06:07:54 AM |
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Having been doing the crypto investing and trading for 2 months now. i am well into it. i never ever really got into stock trading much, other then long term or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format? what are the similarities and differences?
look forward to all your kind replies
The crypto trading is easier than stock trading in my opinion because stock trading needs lots of knowledge and it is not manageable for normal people only experts can make money from stocks.But in crypto less knowledge is enough to start trading and everyone can do this even with small amount of capital investment like $100.But both are riskier investment because there is no assurance that we can get profits from it.But I think crypto is vest and profitable when compared to stocks.
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BrewMaster
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December 29, 2017, 06:19:14 AM |
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there are of course similarities such as the trends they follow, also technical analysis is the same nearly useless tool in both of them but it still is a good guide to have in your back pocket.
but the main difference between the two markets is the manipulation. every market will go through it but in trading cryptocurrencies, specifically altcoins, the level of manipulation is unbelievably high. you see movements that are not explainable by any logic. you see lots of pumps and dumps all around the altcoin market. and this makes trading altcoins that much harder but also more profitable.
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There is a FOMO brewing...
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BigBoy89
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December 29, 2017, 06:21:14 AM |
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Having been doing the crypto investing and trading for 2 months now. i am well into it. i never ever really got into stock trading much, other then long term or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format? what are the similarities and differences?
look forward to all your kind replies
I've tried stock trading few years ago and that's the way I found crypto - looking for trading information. Then I found crypto trading and never looked back. I feel myself limited on stock trading market and every new site wants KYC and so on, competing with big sharks on daily basis. On the other hand, crypto trading is unregulated and offering much more possibilities with much less paper.
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Herbert2020
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December 29, 2017, 07:16:29 AM |
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another difference is that crypto markets are global and they work 24/7 and there aren't anything specific to one country that can really affect them although they sometimes do. but in comparison the stocks market is mostly local to one country and it is greatly affected by the economics of that country. for example where i live the stocks market have been performing terribly in the past 2 weeks where everything was in red showing the end of a big bull run so far. but it was a good period before it where things were rising and were profitable.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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metribitcoin
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December 29, 2017, 08:59:27 AM |
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The different between crypto trading and stock trading is crypto market has more volatility and higher fluctuasion than stock. So crypto trading will be more risk and more return than stock trading. But in my opinion crypto trading is more easy though has more risk because mostly all coin going up in the short and longterm.
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Cryptolive
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December 29, 2017, 10:05:16 AM |
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Having been doing the crypto investing and trading for 2 months now. i am well into it. i never ever really got into stock trading much, other then long term or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format? what are the similarities and differences?
look forward to all your kind replies
I've tried stock trading few years ago and that's the way I found crypto - looking for trading information. Then I found crypto trading and never looked back. I feel myself limited on stock trading market and every new site wants KYC and so on, competing with big sharks on daily basis. On the other hand, crypto trading is unregulated and offering much more possibilities with much less paper. Yes I agree stock trading is not transparent. Movements are not clear and somewhat misleading. But crypto is decentralized and transparent.
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anamie
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December 29, 2017, 12:36:10 PM |
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Crypto trading is much easier than stock, Because in crypto you don't need to be a pro trader or knowledgeable enough in analyzing the market or using any kind of tools on trading, just buy what the coin are rumors to be pumped and sell it when you get profit.
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BitcoinHodler
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December 29, 2017, 01:04:15 PM |
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Crypto trading is much easier than stock, Because in crypto you don't need to be a pro trader or knowledgeable enough in analyzing the market or using any kind of tools on trading, just buy what the coin are rumors to be pumped and sell it when you get profit.
being easy is so subjective. the two places are very different from each other. you do actually need to be a "pro" in both markets if you want to be successful, if you make random bets and succeed in a couple of altcoins that doesn't make you a professional trader because sooner or later your luck will run out and you will lose all you have earned and more. and in fact when you say "buy the coin that is rumored to rise" that is an experience. you need to know this, and you need to be able to figure out which rumor is true and which is fake. or what leads to a pump.
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Holding Bitcoin More Every Day
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iamTom123
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December 29, 2017, 01:04:24 PM |
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Crypto trading, stock trading and foreign exchange trading share a lot of similarities with some few differences and you can make money trading on either of the markets if only you understand the technicalities involved. However, I have observed that crypto trading can be more lucrative and rewarding than the other two, perhaps due to higher volatility and less technicality involved in the crypto exchange market. There are other comparisons but I leave it for other professional traders to point out.
I have studied for a while both stock and forex trading and I must admit that they are more complex and honestly there are some aspects I just failed to understand completely. Here in cryptocurrency trading things are simpler though the volatility rate is really high but this can be what traders are looking for. Yes, there is more money that can be made here in crypto trading especially if one will apply the discipline and that yearn for knowledge in the forex/stock trading. There are now many trading sites offering both forex and crypto and many traders are doing both for more profit potential.
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pugman
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December 29, 2017, 01:47:07 PM |
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Having been doing the crypto investing and trading for 2 months now. i am well into it. i never ever really got into stock trading much, other then long term or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format? what are the similarities and differences?
look forward to all your kind replies
Mate, first and foremost, instead of creating new threads, just boot up the search bar on the top right corner of the screen, you'll find similar threads. Creating new threads only leads to shit spamming. But it's okay, you're new here, you'll get to know. Stock trading is different you have to open an account with the regulatory exchange of the country so that you have the right to trade stocks. Crypto on the other hand is like you just open up an account and wham bham boom, you can start trading. But there are crypto exchanges which ask for KYC documents and stuff. Here's what should really be important in the comparison :- Crypto trading is any day better than stock trading, you have a better chance to become a millionaire being a crypto trader than that of the stock market trader.
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sofi@
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December 29, 2017, 02:16:25 PM |
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Stock trading is not easy to do unlike crypto trading besides theres a lot of regulations in stock trading and an ordinary people can't just go over it also stock trading requires good capital and you must be good in choosing the best stock that will earn while in crypto trading you can start at a capital you can afford and it is very convenient to do without so much requirement and legality issues.
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1NV3ST0NM3
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December 29, 2017, 02:25:03 PM |
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Having been doing the crypto investing and trading for 2 months now. i am well into it. i never ever really got into stock trading much, other then long term or day trading stocks
what is the difference between crypto trading and day trading in stocks? would one be following a similar format? what are the similarities and differences?
look forward to all your kind replies
There is a whole lot of difference between both worlds. Most of which is due to the centralized nature of stocks and decentralized nature of cryptos. Here are a few differences between the both: 1. The first and foremost difference I see is the buyer freeze and seller freeze. In case of stock market we see if any stock gains huge momentum or loss exchange puts a freeze over the stock so it doesn't moons in a day but same isn't there for cryptos. 2. Stocks are traded more due to the underlying company performance if we see in long term while cryptos are not the same people only invest in cryptos when they hear a very big news floating about it. 3. Stocks more or less provide a constant return while crypto can provide infinite returns to you. 4. Arbitrage is quite less possible in stock market while its quite easy to play it in cryptos.
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SNAPCALLHERO
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December 29, 2017, 03:09:31 PM |
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In stock market, there are only 2 times for opening the market and you have to follow the rule T+2 or T+3. But in the crypto market, you can sell and buy whenever you want. that is a good choice for investors.
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crispydog
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December 29, 2017, 03:19:03 PM |
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Only around 5% of home Forex traders turn a profit,most quit because it takes years of trading to successfully read charts.Maybe Crypto trading is different,I am yet to be convinced.
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dewynijhof
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December 29, 2017, 03:30:35 PM |
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cryptocurrency trading is a young and new form of trading, it will need to develope more in the futre but it can bring profit much faster than stock trading, a man know how to trade in stock can earn a lot of profit from cryptos trading, moreover, cryptos in still not under control of government so no taxes charged on cryptos.
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uchiikina14
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December 31, 2017, 06:34:44 AM |
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Crypto Trading means trading different bitcoins and altcoins, it is also buy and sell bitcoins using different fiat currencies or altcoins. Stock Trading is buy and sell shares of stock, bonds, and other securities. For my understanding it is more easier to do Crypto Trading than Stock Trading because in Crypto Trading you just need a small knowledge in Crypto Trading than in Stock Trading you need an understanding on how to do Stock Trading and in Crypto Trading everyone can do it and it can afford by many and in Stock Trading you have to invest in an specific amount or value.
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