Is day trading in crypto?

[royale143]

I'm curious if day trading in crypto is more profitable comparing to forex trading? It is true that Bitcoin have a high volatility but if you need volatility you can just pick USD / GBP pair and then chose a higher leverage to get a higher profit. It seems like the amount of leverage can fix the lower profit in forex and you just won't have to deal with all crypto related problems. I will appreciate if any experienced trader wil explain me the situation. Thanks.

I think it is because the movements in the market and the way the prices go up is more significant in the cryptocurrency market as compared to the forex market. However, since the cryptomarket is also more volatile, being able to hit the jackpot is also lower. As they say, the cryptomarket is a high-risk-high-reward type market, therefore, if you are no the type to actually do some leaps of faith at times. Then, there can be a chance that day trading is not for you. Instead of that, maybe you can resort to more passive means of earning in the cryptomarket.

[ezajavo]

The cryptocurrency trade runs 24 hours so it's perfect for anybody want profit and sometimes has ups and downs more than 50% in a day. This means you can get a profit of 50% in a day!

[Jaci]

Many people work with crypto currency trading but some people don’t about trading but he want to trading with crypto currency market and some people do trading in a long tram and some people word with day trading I think day trading is a best for all people who know very well with crypto currency.

[seoincorporation]

I'm curious if day trading in crypto is more profitable comparing to forex trading? It is true that Bitcoin have a high volatility but if you need volatility you can just pick USD / GBP pair and then chose a higher leverage to get a higher profit. It seems like the amount of leverage can fix the lower profit in forex and you just won't have to deal with all crypto related problems. I will appreciate if any experienced trader wil explain me the situation. Thanks.

Ok, first of all, remember crypto trading isn't equal to forex, in crypto trading your coins can lose value, but you will hold the same amount of coins, but in forex you can lose it at. Now getting back to the point. I would say yes, trading with crypto is more profitable and that's because some coins can hit +1000% in less than 24H, i have never seen the 1000% in forex, and when I see it in cryptos was hard to believe.

That 1000% isn't easy to get, you need to chase the coins and roll in a lot of exchangers, but is real and it's possible. With that right luck you will choose the right coin

[jhongzjhong]

I'm curious if day trading in crypto is more profitable comparing to forex trading? It is true that Bitcoin have a high volatility but if you need volatility you can just pick USD / GBP pair and then chose a higher leverage to get a higher profit. It seems like the amount of leverage can fix the lower profit in forex and you just won't have to deal with all crypto related problems. I will appreciate if any experienced trader wil explain me the situation. Thanks.

Ok, first of all, remember crypto trading isn't equal to forex, in crypto trading your coins can lose value, but you will hold the same amount of coins, but in forex you can lose it at. Now getting back to the point. I would say yes, trading with crypto is more profitable and that's because some coins can hit +1000% in less than 24H, i have never seen the 1000% in forex, and when I see it in cryptos was hard to believe.

That 1000% isn't easy to get, you need to chase the coins and roll in a lot of exchangers, but is real and it's possible. With that right luck you will choose the right coin

Yes i agreed with your statement above sir trading in crypto's compared to forex  is more safer and easy compared to forex.
Crypto trading is also lower risk compared to forex trading, and also crypto's is a high volatile currencies that is easy with us to make money in trading. Crypto's coins you may be trade this to other coins if you see that you have already the profit then quick cut it off.

P.S. Day trading is more riskier and it needs time consumed just monitoring chart of price value.

[rouhaud]

of course day trading is a thing in crypto, variation are bigger and easier to detect than in forex.
and has volatility is big you want to quit your position rapidliy so most of your trade are made on a daily basis or you're holding (in crypt o long term investement are usually 1-3 months)

[wayaneka]

Day trading crypto can not be get margin call if does not use any margin, but in forex my balance can be become zero if i use high leverage. But if  have  high skill in day trading actually could be more profitable in forex trading because we can make profit from up trend price and also down trend price and also in MT4 platform there are trolling stop feature to keep the profit. 

[seramania]

I'm curious if day trading in crypto is more profitable comparing to forex trading? It is true that Bitcoin have a high volatility but if you need volatility you can just pick USD / GBP pair and then chose a higher leverage to get a higher profit. It seems like the amount of leverage can fix the lower profit in forex and you just won't have to deal with all crypto related problems. I will appreciate if any experienced trader wil explain me the situation. Thanks.

the issue of votality as traders begin to observe important changes in market behavior. traders are more likely to bitcoin because bitcoin market behavior is more promising than forex. that's why many traders now choose bitcoin as the spearhead for trading and leaving forex.

[luchik.009]

Trade Kripto-currency is more profitable than forex trading.
Trade competently. The future for us.

[trickyriky]

Trade Kripto-currency is more profitable than forex trading.
Trade competently. The future for us.

Better than Forex, for sure. For instance these days you can spend your time for buying altcoins and Bitcoins for the minimal prices and take pleasure later when getting your awesome profit when they gain.

[1NV3ST0NM3]

I'm curious if day trading in crypto is more profitable comparing to forex trading? It is true that Bitcoin have a high volatility but if you need volatility you can just pick USD / GBP pair and then chose a higher leverage to get a higher profit. It seems like the amount of leverage can fix the lower profit in forex and you just won't have to deal with all crypto related problems. I will appreciate if any experienced trader wil explain me the situation. Thanks.

Apart from all different answer I think what you wanted to know was whether high leverage in forex can equate the profit in crypto. There is two different opinions regarding this and also depends upon where you live and what are the forex and crypto rules. If you are in a country like Japan or south asia probably its easier for you to get into crypto trading but forex is much more complicated while in countries of Europe forex is much more easier.

when it comes Profitability crypto market has unbelievable chances of making you rich. Forex market just cannot provide that kind of profitability even if you leverage large amounts. Moreover volatility in itself means that risk on both on the red and the green side. I would recommend trading is better in crypto than in forex.